REGISTERED COMPANY NUMBER: 07463785 (England and Wales)
REGISTERED CHARITY NUMBER: 1140688
Report of the Trnstees and
UD*udlted Fln*ncfi*l St*tements for the Year Ended 31 March 2025
for
Llfe CeDtr*l Ltd
Cooper Associates A¢countsnts Ltd
40 St James Build&ngs
St James Street
Taunton
Somerset
TAI IJR
*AEI?N076¥
3111212025
COMPANIES HOUSE
A07
#93

L4fe Central Ltd
Contents of tbe FID*nti81 Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
I to 5
IndependeDt Examiner's RepTrrt
Slatement ofFinaDcial Activities
Balan¢e Sheet
8 to 9
otes to the Fin4￿121 Stslem¢Dts
10 to 16
Detslled Statement of Trlwn¢i*l Activitks
167to 18

L4fe celltr￿ Ltd
Rep)rt of the Truytees
for the Year Ended 31 March 2025
The 1ft￿te8 who are also directors of the chanty for the purposes of the Companies Act 2006, present their
report with the fillancial statements of the charity for tbe year eDded 31 Marcb 2025. The trustees have
adopted the provisioTJs of Accounting and Rewling by Cbarities: Ststement of Recommended Prnctice
applicable to cbarities prepariog their accouDts in accordance with the Financial Reporting Stsndard
applicable the UK arÉd Republic of treland (FRS 102) (effethive l January 2019).
oB￿cTIVEs AND AcfiviTIES
Purposes and aims
The charity's pu4)oscs and ain￿ as scl out ID th¢ Mcmorandurn of AssociatioD ar¢..
l. To advance the ¢ducats"on of the public of all ages in the subjecl of Christian Edu￿(10￿. i￿reasing
individuals. capabilitie& mpefrn¢ie& skills and widerstsnding. based on Christian principles for living.
2. To advance the Christian Faith for the benefit of the public by whatever means. including worship. prayer
and teaching of Christian doctrine avkl principles to equip and enlighte￿ others.
3. To train and develop the capacity and skilts of the disadvaotsge41 and people generally within the
commutiilies in whicb we work ID such a way that thcy ar¢ ￿tter abk to identify. and help meet, tbeir needs
and to participa* more fully in soctety.
4. To relieve sickne&%. poor health and old age amongst people suffeting from mental or physical illnes5 of
any description or in need of rehabili13tion as a resuli of such illness. by provision of education. Irdining.
practical 5UPPOrt and advice, facilities and services not llomiajly Provided by the statutory authorities.
5. The prevention or relief of rKsverty or financial hardship anywhere in the world by providing or &SSiSting
in the provision of educatio￿ trainiD8. h¢althwe and pracllcal projects and necessary support designed to
enable individuals to generaie a suslainabl¢ iD¢ome and b¢ s¢lf-sufficient.
The cb8rity aims to follow its ObJ￿tiveS among the young. tbe elderly. the pwr and needy. the vulnerable
and disadvantag¢d, thos¢ seeking a5ylw and refugees. These objectives are pursued without discriminalio
on grounds of r&e. gender. disability. sexual orientatioo age or trligion.
Athieving our objecilves
We review our aims and objectives each year. The review ]￿kS al what we achieved and the outcome of our
work in the previous 12 months. The Tevivw looks at the success of each key activity and the benefiis they
brought to those ￿UpS of people we aim to se￿.
Page I

Life Central Lid
Report of the Trust¢¢s
for the Year Ended 31 March 2025
OBJECTIVES AIYD ACTIVITIES
Revlew of activities
Over the last year. Life Central Church ljas sought to build on the stroDg foutthtion5 and resurgence of confidence that
tb¢ new leaders of the comtnuDity. Tim and SaTah Buckley have Striven to establish as we have wntinued to facilitate
various gathered worskn'p and prayer times. past[￿ SLWrt and a commitment to wider community seryice.
Despite the ongoing problems facing churches a￿0&$ the UK of all denominations and sizes including fundraising
struggles, a reduction in volunteers and of cours¢ th¢ national cwnomic challenges such as ib¢ 'cost of living crisis, _
we Ikre at Life Central bave bad much to celebrate aDd bc thankful for.
This report will Cover and descTibe our contimiing efforts ￿ best deliver our ¢haTitsble aims in Wellington and beyond.
This year. we have sought ￿ build upon the strong foundations laid by our new leadership. continuing to re.envi510n
and rebuild together bringing grealer cotPOTate understanding of our purpose and vision a5 a church cotnmunity.
ArnoDgst many ¢vents. we have ¢njoy¢d various weekend training opwrlunities which were open to other local
church¢s and individuals and have also b¢¢n able to w¢I￿rne new iDto the community.
Staff.
Having been taken ou as an employed ￿11 time 5eDior leader and non-voting m¢mber of the board back in D￿eMber
2024, Rev'd Tim Buckley and bis wift Sarah have contioued to strengthen the wider leadership of the church. Several
new tn￿teeS were invited to join the board as Directors and Christine Silverlight agreed to serve as chair of trustees for
ai least one more year.
A leam of 6 Elders including Tim aDd Sarah. additionally tak¢ r¢swnsibilily for guiding the spiri￿￿1 direciion and
forniation of the Church community.
Thriwghout this period. Sarah Pat50Ds bas continued as our bookk¢ry)u botb in [￿S0￿ and using online t(KJls, used by
ber and the wider team, including Xero & Hubdoc. systems for cloud-based accounting.
I￿Ation and property.
For this year. with Tim and Sarah Buckley still living aod weekjy commuting from their home in Bath. our fonnal
address became the address of our Chair of Tn￿te¢S Cbristine Silverlight:
Perry House. Blackmoor. Wellington TA219LH
A shared office space at The Well Christian Fellowship has remained available for us to make use of it &8
required, for which we are greatly appreciative. Tim. like his predecessor Steve, has enjoyed a similar patt¢n
of working from home and making use of the incredibly helpfi
Page 2

Life Central Ltd
Report Of the Trnsttes
for lh¢ Year Ettded 31 Marth 2025
shared'well" space, especially for the continued safe stordge of olT)¢c quipmenL it¢UL8 and fil¢$ along with some
pastoral methings.
At the end of this financial year. Tim and SaTah additionally decided to explore selliug iheiT house ID Bath and moving
pernwi¢ntly to Wellington to better estsblish and s¢rve the vision of the churcb community there.
During this year, Life Centrnl continued to hold residential properties that provide low priced accommodation in
the community, especially to thos¢ in n¢ed. These pro￿rtieS SUPlM)rt two refyee families that are housed in partnership
with local action 'TauntOD Refugee Support Group. and Sussex County C(xJncil. These properties continue to be
a regular source of income for u5 but a￿ priced al a level beneath market rates to belp these financially pressured
families and as such. have wntinued to be an important part of our I(￿1 ministry.
Clem Woodward (estate ag¢nts) continued as our management company for ih)th houses and ensured that all legal
requirements and obligations were meL At a lime where the rental seclor conliDues to experience great Pressure and
demand, Cl¢m Woodward has played an important role in guiding us during the many ¢hanges to landlord laws and
responsibilTrties.
This year we bave additionally explored the wissibility of 5¢11ing onc of th¢ prop¢rti¢s with a view to ¢ODsolidatiThg our
f￿8￿¢181 position olld liquidating some assets to open fr&8h opp)rtumties for nv*V rni&8ional al￿ cotDmutLity engagement
projects under our newly developing vision. We again approached Falcon Housing knociation in early 2024 to explore
tbem pwchasing one of our propenies with the ongoing proviso tbat they would keep the tenant on a favourable
Ipossibly lower) rent moi*ing forward. They are very wsitive aknut doing so and a decision will probably be decided
upon by the tThst¢e5 of Lif¢ Central in the next fuwicial year. Tkvs possibility would allow Life Central Church to be
fiffther financially stable and more able ￿ engage in furthering its charitable aims and objectives in new ways.
WellingtOD Community.
We continue to passionately support social action needs throughout Wcllington with evident and effertive impa¢t.
Christine DisDey. a member of our church community continued to s¢rve a5 moderator (Chair) of Wellington Churches
Together {WCD uotil Jan 2025. Her husband Steve. aLso agreed to tske on the Tole of tre&surer of WCT. We continue
to support 'Wacky Wednesdays. durin8 schfy)I hoiuJaJB wlu"¢h again have great impact with th¢ Howard R03d proJ￿t.
As always, Wellington Street Fairs w¢re fi￿lY Supported with church stalls and volunteers serving and in attendance to
continue with others to bring great benefit to the wider community.
We remain meeting weekly in the heart of Wellington on Sunday mornings ￿ St Johos Primary School. where a
member of the churcb family continues to serve as a governor of ihe school with responsibility for building church-
school faith links and sup￿)rI￿g e4llective worship requirements. An additional Bovernor is b¢in8 SOU8ht from amoTÈgst
our church community. to additionally SUp￿rt the Sch￿1.
Page 2

L4fe centr￿ Ltd
Report of tht Trnstees
for the Yur Ettded 31 March 2025
With the great support and cncouragement of the Head and management team of Courtfields Secondary
School, Life Central and Wellington bascd church¢s Living Light and The Well Christian Fellowship joined
last year with Taunton Youth for ChTi5t to collectively fund and p&¥torally support a part time chaplain for
rhe ￿h0O1. Thi5 valuable work with young people, especia]ly those with mentsl health or b¢havioural issues
has had an enormously positive and identifiable impact OD the whole school community and we have
ommitted to a fi￿her year's fuwicial 5UPPOrt for Chole in this expanding rol¢.
Other community projects that our team and volunteers have been participating in include:
FoodbanK Best Before Fcod Store and Street P&8tors.
With the ongoing economic and s(Kial Crisis faciDg so many in society, particularly wiib an increase for
those strugglADg with mentsl health and emotional challenges. spending time with people, listening and
supporting. often ovw a ¢offee or a meal continues to be a central tenet of our local work.
Over the year. the cbureh has continued to develop and enhanc¢ lis regular rhythm of Sunday morning
gatherings at St John's Primary School along with multiple Mid wttk"Life Hub" bome gatherings. Life
Central also coutinucs to make use of video Tecordings which are weekly uploaded to YouTube for a wider
audience and those unabl¢ to physically attend. Our WhatsApp Life Central Connect groups service has also
grown as a pla¢¢ for prdy¢r. wrnmun1catio￿ c{M￿e￿lOn and ukNlates across the commutsity. Our Website
and Facebrrt>k usage serv&8 many and has fre4uent visitors 4￿j plans are uodepway to refresb theo) in early
2026.
Wider ConJectlODS.
Tim and Sarnh whil¢ working as lo￿1 Icadus continued to develop their relationship with Life Streams
senior leadership cOnn￿tiOnS- leaders within the UK and across the globe, giving both spiritual
accountability and mutual ￿nnectIOn on a regular basis. Boih Tim and SaTah attended the Life Strcams
Senior l¢aders conference in Chicago in October of 2024 along with twice monthly zoom 8ath¢rin85 for
these leaders.
Overseas Project5.
As a cburch we have contioued to supp)rt missional initiatives iti Belgium and Burundi across various
projects supporting SQD]e of the poorest people ill the world atsd are additionally exploring ￿tial new
overseas minkstries and connections for example in Keoya and Sri Laoka.
Paxe 4

Life Cenirll Ltd
Report of the Trustees
for the Ye*r Ended 31 Marcb 2025
STRUCTURE, GOVERNANCE A]¥D MANAGEMENT
Governlng doeument
The charity is controlled by its governing d(KumenL a deed of trusL and Con￿1￿¢5 a limited company,
limited by guarantee, as defined by the Companies Act 2006.
The charity is a company limited by guarantee and was incor￿rated on 8 December 2010. The objects and
powers of Ibe cbarity are se¢ out in the arnended Memordndum of Association of 15 October 2020 and it is
governed in accordance with its Articles of Associatiou of 15 October 2020. It commenced its charitable
activilies on l April 2011. The compaDy is exempl froo) the usc of "limited. in its nan)¢.
The Dire¢tt)r5 of the CA)mpany are its Tn￿e¢S for the puzp05es of Charity Law and throughout this report are
collectively refe￿ed to as Trustees. The Directors who served in the year are s¢¢ out below (page 4).
Reerultment and appofin¢ment of Dew tru$t¢es
New Tn￿teeS are apwinted by the board of Trust￿5 from surtJble wididat¢s vlho me¢t the criteria laid
down ill the Articl¢s of Association. Trustees wbo have been invited to join the board attend an induction
meeting where the duties and responsibilities of TnL8iees are explained.
GoverD•D¢¢ and maDagemeNt
The Tnjstees meet on an infotrn81 basis two or three times a month. with at least four fomlai TTUStees'
Euectings a year. DdanagemeDt accounis are pr￿luCed ai Irasl monthly aod arc reviewed and discussed by the
T￿￿te¢s. Day to day management of the chariry is delegaied to th¢ pasior.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07463785 (England and Walas)
Reglstered Ch*rity number
1140688
Registered oifi¢e
Peny House
Blacknioor
West Buckland
TA219LH
Trnstees
A F Lane- retired 1411012024
Ms C Silverlight
Ms B Nayeb
Ms K Moore
Mr P Elliston
Mr B Johnson
Ittdependent Exanbhner
Cooper As50ciales Accountants Lid
40 St Jame5 Street
Taunlon
TAI IJR
Approved by OTd¢r of the board of truste¢s on 2dukp75and signed OD its bebalf by: Ms C Silverlight
Pag¢ 5

Independent Euminer's Report to th¢ Trnteu of
Llfe Central Ltd
Independent examiner'$ report to the tru5teo of IAfe Centr¥1 Ltd ('the Company,)
I r¢port to the charity trustces on my examination of the accounts of the Company foT the year ended
31 March 2025.
Responsibilttfies And basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are
responsible for the prepardtion of the accounts ID accordance with the requir¢JD¢nts of the Companies Aet
2006 ('the 2006 Act,).
Having satisfied myself that the accounts of Ibe Cixnpny are not rcquir¢d to bc audiled under Part 16 of the
2006 Act and are eligible for independent examination, I report in ra$￿t of my examination of your
charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 ACY). In carrying out
rny examination I have followed the Directions given by the Charity Commisston uod¢T sectiol) 145(5) (b) of
the 2011 ACL
Independent ¢xamiD¢r's statement
I have completed my exarninatioll. I confiErn that no matters have come to my attention in connxtion with
the examination giving me tause to irlieve:
accounting records were not kept in respe£t of the Company as required by section 386 of the 2(M)6
the ￿Counts do not ac￿rd with those records. or
the accounts do not Comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair vivw which is not a matter considered as
part of an independent examination. or
the accounts bave not been pr¢pared in accordanc¢ with ibe methods and principles of the Statement
of Recommended Prdctice for accounting and reporting by chariiics (applicable to charities preparing
Iheir accounts in accordan(x with the Finawial Reportll￿ Staodard applicable ill the UK and R¢publi
of Ireland {FRS 102)).
I have DO concerDS and have come across no other matters in conneetion with the ¢xamination to which
attention Should be drawn in this re￿rt in order lo enable a proper understsndin8 of the accowlts lo be
rea¢h¢d.
Kevin Parsons FCCA
Cooper Associates Accountsnts
40 St James Buildings
St Jame5 Street
Taunton
Somer5et
TAI IJR
Date- .............................................
Page 6

Lift Central Ltd
Statement of FiDaD¢i21 Activltles
for the Year Eoded 31 March 2025
2025
UDrestrictcd
Totsl
fi￿(ts
2024
Total
fi￿(ts
DONATIONS AND GIFfs RECEIVED
FROM
Donations and l¢ga¢ies
21,797
27,439
IovestmeDt in¢ome
To¢al
EXPENDITURE ON
Dlrect ¢haritabl¢ expelldtthre
Dir¢¢t ¢I￿rI￿ble expenditure
Donations and gifts
Administration
Investment management
10,975
I,O(K)
38,636
3,796
6.471
4,689
53,686
5.962
Maintenance and ral¢s
4.018
Total
58.425
74.573
Profit on Disposal of proi
40,000
NET INCOMFJ(EXPENDITURE)
(14289)
16.137
RECONCILIATION OF FUNDS
Total ￿llds brought fonvard
572.307
556,170
TOTAL FUNDS CARRIED FORWARD
558.018
572.307
The notes forni part of th&se fmanci81 statements
Page 7

Life centr￿ Ltd
B*l*nce She
31 Mxrch 2025
2025
2024
Unrestricted
Total
funds
Total
funds
Notes
FIXED ASSETS
Tangible assets
InvestEnenl PToperty
2.646
2,925
380.0(MI
382.646
382,925
CURRENf ASSETS
Debtors
Cash at bank and in hand
11.960
12.432
179.397
176,062
191,829
CREDITORS
Amounts falling due withtn one year
10
(690)
(2,447)
NET CURRENT ASSETS
175 372
189.382
TOTAL ASSETS LESS CURRENT
LIABILITIES
558,018
572.307
NET ASSETS
558018
572 307
li
Unrestricted funds
558 018
572 307
TOTAL FUNDS
558 018
572 307
The Ch￿￿table company is entitled to exemplioD from audit under Seaion 477 of the Companies Act 20(
for the y¢ar cndcd 31 March 2025.
The members have not required the company lo obtain an audit of its finallcial statem¢nts for th¢ year ¢nd¢d
31 March 2025 in accordance with Section 476 of the Companies Act 20(16.
The truste&8 acknowledge their reS￿nsIbIlitieS f
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Compauies Act 2006 and
(b) preparing financial statements which gJv¢ a true and fair view of the state of affairs of tbe charitable
company as at the eod of each fiDaDcial year and of its surplus or deficit for each financia] year in
accordance with the requirements of Seclions 394 and 395 and which otherwise comply with the
tequirements of the Companies Act 2006 relating to financial staiements, so far as appli¢abl¢ to th¢
charitable company.
Th¢ notr5 fonn part of th￿ financial ststements
Page 8
continued...

Ufe Central Ltd
Balance Sheet- contlnued
31 March 2025
These financial slatements have been prepared in accordance with the provisions applicable to charitsble
ompanies subject to the small companies regim¢.
The financial statements were approved by the Board of Trustees and authorised for issue on X).[Rl%o
and were signed ou its behalf by:
Ms C Silverlight
The notcs fonn part of the5c fmanciai statuncnts
Pa8e 9

IAfe Central Ltd
Notes to the Flnantlal Ststements
for the Ye•r EDded 31 Marth 2025
ACCOUNTING POLICIES
B251$ of prepAring the financlal statements
The finaDeial statements of the charitable company. which is a public kDefit entity under FRS 102,
have been prepared in accordance with the Clwities SORP (FRS 102) 'Accounting alld Reportin8 by
Charitics.. Staternent of Recommended Practice appli￿ble lo ¢haritie5 pr¢paritEg their a¢counts io
#ccordance with the Financia] Reporting Standard applicable in the UK and R¢public of Ireland IFRS
102) (effective l January 2019}', Financial Reporting Standard 102 Tbe Financial Reporting Standard
applicable in the UK and Republic of Ireland, and tbc Companies Act 2(K)6. The fiDan¢ial statcments
have been prepared under the historical cost convention. as modified by the ievaluJtiOD of G¢rtain
a55et5.
IDcome
All income is recognAsed in th¢ Stst¢m¢nt of FI[w￿l*l Adiviti¢S once the charity has entitlern¢nt to
the funds. it is probable that the incorne will be received and the amouDt can be measured reliably.
ExpeDdhure
Liabilities are recognised as expenditure as as there is a legal OT ￿nStrUCtive obligation
committing the charity to that expenditure. it is probable that a transfer of economic benefits will be
required in settlemenr and the amount of the obligaiion can be meawred reliably. Expenditure is
accounted for ¢)n an ac¢n￿lS basis and has been cla&sified under beadings that a88re8ate all cost
rela￿d to the category. Where costs cannot be dirxtly attributed to parfi¢ulaT headings th¢y have been
allocated to activiries on 4 basis CODSiSt¢nt with the us¢ of r¢wUr￿.
Grants offered subject to Conditions which have not been met at the year end date are noted a
Commitment but aol accrued as expenditur¢.
Tangible fixed gssets
Ikpr¢¢iation is provided at the following annual rates in order to write off each asset over its
estimated usehl life.
Fixtures and fittings
1SY• on reducing balance
Investment property
Investtneni property is shown at most recent valuation. Any ag8regat¢ S￿￿1￿S or d¢ficit arising from
changes in fair value is recognised in the Statement of Financial Activities.
Taxation
The Charity 15 exempt from corwr8tion tax ott its cbaritable aclivities.
Fllhd aceountlng
Unrestricted funds cao be used in acCOrda￿e with the clwitable objectives at the discretion of the
trnstee5.
Restricted fim(ts can only be used for particular restricted purposes witbtn the objects of ihe charity.
Restrirtions arise when 5pe¢ified by the donor or when funds are raised for particular restricted
purposes.
Page 10
continued...

ure Central Ltd
Notes to the FSn*n¢i*l Statements- continued
for the Year Ended 31 March 2025
ACCOUNTING POLlCtES- eontlnued
Fund Wccounting
Further explanation of the nature and purpose of eacb fimd is included ID the rh)te5 to the financial
statements.
PensloD costs and otbtr post-retlrement benefits
Th¢ charitable company operates a defmed contrib￿1(￿ pcnsion 5cbemc. Contributions payable tt) the
charilablc company's pension scheme are charged to the Statement of Financial Adivities in the
peTiod to whi¢h they relate.
INVESTMENT INCOME
2025
2024
Rents received
Bank interest rec¢ived
19.116
21,191
2.080
23.271
NET INCOMEI(EXPENDITURE)
Net income1(expendin￿c} is stated aft¢r charginW(cTediting):
2025
2024
Depreciation- owll￿ &4sets
882
975
TRUSTELS, REMUNERATION AND BENEFITS
There were no truslees, Temun￿*10D or other benefits for the year ended 31 March 2025 nor for the
year ended 31 Mar¢b 2024.
Trustees, expenses
There were Do trwtees. expen￿5 paid for th¢ year ended 31 March 2025 nor for the year ended
31 March 2024.
Pagell
ontinued...

iafe Central Ltd
Notes to the Trlnanci•l StatemeDts- Continued
for the Yw Ended 31 Mareh 2025
STAFF COSTS
The average monillly nunknt of employ¢¢s during th¢ year was a5 follow5:
2025
2024
Pastor and assistani pastor
No employees Teceived cmoluments Rn exc¢ss of £60.(M)O.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrictsd
fimds
DONATIONS AND GIFTS
RECEIVED FROM
Donations and legacies
27.439
Investment incomc
Totgl
50.710
EXPENDITURE ON
Dlrect charitable expendlthre
Direct ¢baritable eX￿iditure
Donations and gifts
Administration
Inve5tm¢nt managerneul
6.471
4,689
53.686
5,962
Maintenance and rates
Total
Profit on DisFX)sal of property
40.000
NET INCOMEIIEXPENDITURE)
16,137
RECONCILIATION OF FifNDS
Tot•1 fulld$ brnu£ht fonv*rd
556,170
TOTAL FtINDS CARRIED
FORWARD
572 307
Page 12
ontioued...

Iof¢ Central Ltd
Notes to the Flnan¢iaR Ststements- conthitted
for the Year EDded 31 Mareh 2025
TANGIBLE FIXED ASSETS
Fixtures
and
fittin85
COST
Ai l April 2024
Additions
27.626
604
A¢ 31 March 2025
DEPRECIATION
Ar l April 2024
Charg¢ for y¢ar
24.702
882
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
2.925
INVESTMENT PROPERTY
FAIR VALUE
At l April 2024
and 31 March 2025
380.000
NET BOOK VALUE
Ai 31 Marcb 2025
At 31 March 2024
Th¢ investmenl properties were valued at open mat*el value by Me55rs Gibb&DS Richards. Ests
agents. of 37 High StreeL Wellington. Somerset as at 31 March 2018. The Tntstecs consider that the
value of the properties was not sigDifi¢antly different at 31 Marcb 2025.
Page 13
continued...

iafe CeJtr*l Ltd
Notes to tbe FItsattd￿ Ststements - conthiued
for the Year Ended 31 March 2025
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Other debtors
Prepayinents and acc￿ed income
10,788
1.172
10.788
10. CREDITORS: AMouNfs FALLING DUE ￿THIN ONE YEAR
2025
2024
Trade creth'tors
Social security and othertsxes
Other creditOTS
Accrn&ls and deferred income
,203
147
690
690
11. MOVEMENT IN FifNDS
Net
movement
in funds
At
31.3.25
At 1.4.24
Unrestrirted funds
General furkd
572.307
(l4,289)
558.018
TOTAL FUNDS
572 307
558,018
Net movement in fimds. included in the aiK>ve are as follows:
lJ)coming
R¢source5 Movement
resources expended
in funds
Unrestrfeted funds
General fund
44.136
(58.425)
(14.289)
TOTAL FUNDS
44,136
58.425
14.289)
Pa8¢ 14
continued...

IAfe Centr*l Ltd
Note5 to the Fthancial Ststements- CODdnued
for the Y￿r EDded 31 m￿ch 2025
11. MOVEMENT IN FUNDS- continued
Comparatlve$ for Movement in hnds
Net
moVeD)￿t
in funds
At
31.3.24
A¢ 1.4.23
Unrestricted funds
General fimd
Buildings fund
16,170
16.137
32.307
540 000
556.170
572 307
TOTAL FUNDS
556.170
16.137
572,307
Comparative net movement in fund& included in the aiK)ve are &8 follows:
Inconiiog
Resources
resources expended
Movement
in fi￿￿S
Unrestricted funds
General fijnd
.710
(74,573)
16,137
TOTAL FUNDS
9).710
74,573
16,137
Purpose ofBuildings Fund (dtsignated ￿nd)
Tbe PToce¢ds from the sale of the chayiry's fornler premises wue dcsigDated foT the purchase of
prop¢rti¢5 to provide an income for the charity and for the pUr¢ba￿ of repla¢emeDt premises in which
to hold some of the charity's activities. The fund b&5 been to purch￿ the investment properties
but th¢ Trustees decided not to purchas¢ rwlacement premises and so the unused Buildings Fund was
released to tbe General Fund in 2016. The Buildings Fund also Includes the revaluation reserve of
£51.525 (2021 - £51,525) which repr¢s¢nts th¢ amount by Iwhich iDves*ments excecd their historical
cost.
Page 15
continued...

Llfe celltr￿ Ltd
Nott5 to the F1llancial Staiements - contlDued
for the Ye¥r Ended 31 Mareh 2025
12. RELATED PARTY DISCLOSiIRES
There w¢re no tel￿ed party trdnsactioos for th¢ year ¢nded 31 March 2025.
Page 16

Life Central Ltd
Detslled Statement of Fltsanclal Atflvldes
for the Year Ended 31 March 2025
2025
2024
DONATIONS AND GIFfs RECEIVED
Don*tlolls and legades
Specific ￿ftS
Tithes and Offerings
Tax re￿ndS
21.797
20,817
21,797
27.439
Inv¢51ment ineome
Rents received
Bank interest re￿ived
19,116
21,191
22J39
23.271
Total Incoming rmources
44.136
50.710
EXPENDITURE
Dirert charitable eypenditsre
Trnvel, hotel & hospitaliry
Teaching r¢sour¢es
Sundri¢s
GAfts- Donations and 5UPPOrt
9.737
47
1,191
5.600
73
798
11,975
11,160
Mrdintenance and rates
Repairs and renewals
Rent and rat
Light and heat
168
3.850
3.765
4.018
3.765
Admlnlstration
AdmlnfistratioD
Wages
Legal and professional fees
Insurance
Carried forward
33254
1.445
473
35,172
45.269
3.139
471
48.819
This page does not forni port of thc statutory rUw￿la1 statements
Page 17

IAfe Centrnl Ltd
Detsited Statement of Financial A¢tlvities
for the Ye*r Ended 3J Marcb 2025
2024
2023
Adminlstration
Brought forward
Telephone
Printing. ststionary, I￿ge. IT, website
aDd advertising
Bank charges and interest
Subscriptions
Dq)reciation of tsngible and heritage assets
35.172
333
48.819
1.721
1,778
139
332
882
1.595
121
395
975
38.636
53.686
Investment man¥gemeDt
Maintenance of investtnent properties
Insurance
Agent fees
1.162
799
1.835
3,131
785
2,046
Totsl Tesources expended
Profit on disposal of property
40,000
Net expenditure
58.425
16.137
This page does not fonn part of the ststutory financial statements
Page 18