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LATYMEII OIRfSTIAM PELi(IWSHIP TRitsT (A eOMPA14Y LIMfFtO BY GUARAMTtt) CONTENTS Pa9e J Page 4 Pa9oSto9 Pa9È 10 Page Li Pagt5 1.2 to 20
LATYMEA CHRJSTIAII FtLLOWSMIP TRUST (4 CQMPANY UIIITEO OY 6UARANYtÈ) LEGAL AIID ADMII•ISTRATI¥E INFOAMATIOII 1142410 CQMPA14Y REGISIUTION NUMBER 07650618 DAIE OF IN¢ORPIWITIO 271h Yay 2011 STARTOF FINAIICI&L YEAR 1$1 Apr4 2024 tIlO OF FINANCIAL YEAII 31st March 2015 THf YEAIi TO JAST MAIICH X125 Huelwinson eedfonl jose u Rt4rOo EsieWr GOVERP4114G OOCUME•IT OBJECTS l) To advance the Christian ih the staemert ol bEWs appeatlng Yt the of Assoclètkn In tr RoY?I of Ken4n9kn) and thebe• and in sKh other pwts of Lknthd wcrtl a5 the TryE#ees from timE to bme may tnk)k f 11) To relve persons are In con¢QMJTr5 cl need Or ¥iho arE a9pd <Jt Sid¢ athd to rÈkn the dstress cad th¥eby n the bor¢wh and kn such OitteT Part5 ofthe Ltrrted orth2 VDrfd as the Tnstses fvDm ts) fft. IIQ To prvmote and Oiher thata puryx)ses to ctymmunty kn thE tWOYgh and In otlw such Pa of the iknned Klwrn or the worfd as Tru5fft5 m3y fmm ro thlnk I R¢sTREADRE5s WII 4AH BANKÈRS p.o eox 250 Skeknersd• WN8 6WT 1140EPEI4DE14Y Iwaident Ex5 Ltd De1th9 B05hJm POIA 8NF
LATYIIER CIIRISIZAPI FELLI>WSMIP TRUST
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IIIDEPVItsEIIT EXA1£#.5 REPORTOX THE A¢¢OUNTS
I report to the th•rtty trustE25 On my eat]n of its accwrrts of for yw ¥JeO 31 2025.
RÉSpQNsiLmES AND VA515 OF REPORT
As the chèrlvs teS of the Compkny lho are alsty the 4ke
Annual Report 2024-2025 Latymer Chr•s1ian Fellowship Trnst Regtstsrwj Charity Nurnber 1142420 Cornpony Re9iStration Number 7650618 Mernoran41um a¢xl Articles dat¢d 27 May 2011 l. Refer•nte and Admln15trnll¥• dètslls Trwstses: Simon 8kn¢Pkner Hazel Vinson GIIUan Bedtord EmaTr Bahgat Mahrroud Tawhk Yosry Rkardo esree-wal
)5e Liste Senlor Staff •lemkn.' Steve and Tènya aovmds, thurth Le•Je Church Leaders: Steve and Tanya Bownd5 Mary White MOII (Y4uhkanrnl Bankets: Cts-operative Bank c, PO Box 250, Skelmersdale. WN8 6%Yr Independent Exaffllner.. Independent Examiners Ltd Addrnss". Notting Hill Methodist Churth, 240 Lancaster Road. LoThJon Wll 4AH 2. StruCre Governance and Managemefvt Latymer Christian Fellowship Frust wa5 forned as a chèntable company a5 set out In our Memorandum and Artides of 27" May 2011. It continues the work of the chèritaWe irus( Latymer Christtaft Fellowship Trust. ¥¥hich was in operatlon from 1995 to 2011. The work of the Trust is caryied our by a sm•ll number of empIrye and vOntee Tanya and Steve share one full-tlme role OF overall leadership of the church and work cl ttie charity. The Tntstees rneet on a quèrterly basis to recelve repurts on the church, and to give strategic leadership ¢0 the adiviUe5 d the Trust. Trustees are Indu£ted by Ehe Chair of Trustees us+ng the Charfty Comm155ion'5 dcument Tr E5senth?I frustee" and the Trusys induction pack. Key parinerships lor the Tnjst Sn 24-25 Included: Pioneer. a natial nett¥ of churches, who provide spiritiwl 5UPPOrt for the work of the chjrch Grfell Health and Wellbelng knlce who we partner wlth to run the BereaVernt Journey cuur5e The church has been bo5•1 at Notbng Hlll Methodist fjurch INHMCI Sin September 2023 folbwlrKJ the pvrthose by the Royal Borou9h of XensiThJtoN and Chelsea Council IR6KCI of the bvi5dw whtrE we used tts meet at thE end ol Morrh 2022. The council stlll to demolish the thurth tsullllng and rebulld a new thurch faclllty on the 116 8ramley Road church site. but conunues to be sublt to debys so we expert to be based at NPNC for the foreseeable future. The major rfsks to whlth the charlty Is exposed. os Idenvfled by the Trustee5. hove been re¥Jewed, ar systems or procedures have been estr1$he to mènage rtsks. 3. ObJe¢tTves and A¢ll¥ltJes The main purpostt of the Tfust as Set out in Mernoranown and ArtJes are to.. AdVart the Christian faith Aelieve petsons are in conditions of need or hartlship or or sKk Promote and fulfil such othercharitable purposes benef131 to the comrThJniiY The activities of the Trust are wimarily ynL1ertaken in the Royal Bclrough of Ken09t0 and Chewa but alw in such other part5 01 the VK or the *odd as the Trustees rnay think fL
The Trustees have revlewed the Trusvs &UvlUes In tr1Sght of the Ch)rtty CrKnrnlssbn's requlrement to demonstrate. public benefit In line wlth the charfVs aims and are confident that tl ¢uVined in published guiéance have been met as f10$, more Jeiall 15 Ptovlded body of the report.. Prfntlple l - There must be an k1enVfiable beftefft or benefft5- It must be thar what the beneffits are. they must be relaied io the aims artd rnust be balanced against any detrimeni or hm. The charlty through its thurch seryitt5 and artivities. cornmty athths and cart ftr vulnernbte mernbers ¢1 Ihe communlty 15 rneetirKJ its aTrJ deliverlng dear benefit thrwgh Joing so. Prinople 2 - Benefit must be to the publ, or sectlon tsl the publc - the beneficlarles rnt be appropriate to the alms, the opportunlty must not be urrnsiabIY restritted. people tn poverty musi rK)t be ex¢luded froth the Opportun to benefit and any priv•te tenefits must be incK1ental. Church servlce5 are open to all to attend, as are the of communlty attiviEt¢9. Some of our grP5 are sperifjc4lly fvr young peaplelthrfdren. whe thar9es are rnade fpr community attltieS these are set at a vel sych that peopk aw not exelu¢ed (rntsst odi¥iti¢s are free). We have continued ovr vtslon to loW jeSL. love all peopk and rnake diKlples in Ladbroke Grove throughoirt the year. It has been a year of consothdation as we have continued to settle into meeb.ng at a new twne and in a new venue, and of progress as ve sought to reach out into the ctymmunity in ne¥¥ way5. a) .Church K¢y roles Tanya and se Bownds aJntirwe to toke senior lea(ler5t•"p rtspDnsibility for the Tch and tharlty, with Mary White and Moji Ogunkanmi a$ the other member5 of the leadership tearn. Tanya has been on rnatwnlty leave from er mle lor the malorlty of the year and Steve has covered aspects of her rnle during this pef(od. W¢ are grnteful to Val Light, our selfemployert book-keeper. for her diligence atsj expertise in roveriry pay-roll and t pratticalities of the finances of the charity. We continue to work tow¥ds Ljtymer be¢oming o thurth t1 IS fvlly repre5entstyve of our wonderfully diverse local community at all levels d enga9ernent. WIre everyone is e4u4IFy valued are athvely ènti-raust. It 15 therelore encourtying that our Trustees Board Trow has three whts5e heritage is frim the global malorlty and three who a White Brltish and MOIS Mnging rnuch-valued dtvusity to our Leadership Team in addition to her leadevship g¥Ftsng. Our vaks are to be bibl, evangelisuc. wayrful, expermiwl and gertero and these have been woven throu9h our acbvibes anLS events. Chur¢h Serylc¢$ We continue to meet tugether Èath ndaY at Spm. AttepAIae averages at 25 $>E0e eoth week. Serrnon Series hove included spiritual disc5lne$, the 81b in eight women. and Kin9dom parables reflecting our them£s of livtng stones in 2024 and Xingdom No.. walkin9 HIS way in 2025. We have enjoyed experimenbng with different ways of hearbng frDm God in our times on SuNJays, inchjding Simple Sundays ¥¥hefe everyone is encouraged to listen to God Sn the week beforehand and share somethlng. We had a wornlerful Chrfstrna5 wlth pTrty of oppOrtUnleS for outreach. Xid5' Church has sustained its fortntyhtty pattern. there are a sm¥1 number of (hiklren who attend regularfy. Relatlonship5 a bulkllry with thelr parents as well. Disclpleship Ir Thursday night SCieShip Groupsi Wlth a rneal f0lb¥d ty tsib stuly, rA)n[Uel1, ar#J for mvch of the year we fotUS5ed on different 81b chararter5 such as Esther. Gideon. Paul and Mary the mother of Jesus. In 2025 we experirnented wittl studying the 8ible p4$5age Sn diffent Ways Such as the Afrlcan &ble St[¥ method or rneditatktin, aftd during Lerst studied aj practised the spiritual disclpline of fastiNJ. The Monday IrnIn9 E4ible sbjdy has contlnued to tplork through &'ble books. Pray¢v •nd Worshlp It has been encouraging to Continue ifi rtgutsr tyayer ea¢h v•eek, with a eekly praver walk, prayer time for wrrting people, staff and leadeF51p prayer time5 aThJ a STnth prophetK prayer group. We have held a nvrnber of 2411 prayer sessjons. each wfth a specffic focus. Dudng Advent and Lent there wa$ an additlonal lyrtth-tlme prayer bme which has been encouraging. Prayer for our Mis5KJn Partnefs c¢nb#ues thwugh the Mission Partrets. Prayer guide. an update within our servitr5 and Some prayer hours. An innovatth thls year was a termly Friends of Latymer Prayer Hour on zoom where we Invited our s¥ppJrters from furttter afhl tb Joln with us In prayer. Pastoral care A key part OF our work contlnues tg be pastal ore. Many of the beavtifu1 peopk whts are part of our COMMlty stru99le with poor physical and mentsl health. <aring sponsIbl"t{e5, addlcbon and other tssue5. We work doselv 70Ath petsp lo support thern in k)ng-term chalJigin9 siiuatKJns and in tirnes ol crisis.
The SafÈ9uèrding Co-ordinatNs hold monthly safÈ9uardTrng meeknn9s at the '9ger picture of safeguardin9 and we apprecoate the sup[rt c thwtyone:eight ¥4ith safeguarding issues. Our Safeguardlng Poh"cy Ls revlewed annually in line with the Charity cornmi55ion 9Uidae and We a150 condutt an alit of Safe9uarlirwJ eath year Using the Pioneer Al1t gJJide. Raclal Jvstite Working towards a irttwltural and tiVelY anti-racist church remains an important priority for the Leadership Team atthough we have strUggd to make ès Much progrE55 in this area as we WOU like. During the year, a 5rnall. diverse gmup of us, the Leership Team completed adIng and diKussing-Healing the Divides" by Jason Roach and Jessamin Birdsall v•hi£h was frurtful both in ierms of content and building relationship5 within the gmup. We (x)ntinue to re0 who is involved in leading Selv aJKI whether we indude songs that arent in EnglF5h on Suqday& The move of Ser4T1 time ha5 disprDportwtely affected t1 from the global majority and the prlot of a monthly Sunday morning di5Ctple5hip group"Gr04¥ing together with Jesus" wert well. Partnershlps in Mlssion We are well CODrted in prayer with those that we suppryt in Lonth)n. the VK, Evrope, Africa and around the world. Ovr mi55ion5 ging 15 V4ide-rarwJing indudiThJ 5UPPOrting Youth ¥¥ith a Missx)n and London Mission's work with homeless people and a couple workin9 Wsth Muslsffts in Lonth)n. Youth for Christ. Transform Eumpe Network, Wydlffe 8ible Translators and International Justice Mission. The Woneer Netsvrffk rontinues to be o key partrShiP for us. TAith support from other lef5 Within the network, especially within the Pioneer Ltyon region aThJ ihe Ptoneer Leade corrferen be a S(¥Je of insration to the Leadership Team. The Togettrr for netIrk conts.nued to have {rnIhIV leader5, meetings and termly prwer tSmes for local. national and internats.onal issue5. These have been small in nurnbers tendlrwJ Iwt pJ)cowagin9 for those who come. yOh and Children's Wor Kids, Church. a high eneryy servitt for thTrldren including songs. games. crafts. chanenges and prayer. tontinLS to meet fortnightly with a small number of thildren. The familE5 also enjoyed a couple of outings and it has treen encouraging that some of the parents have corne aknThJ to chwch ser¥i Cornmunlty Outreach Our commvnity work is to-ordinated by the p•t-tTrme Churth ond Cornrnurwty Developrnent Worker, Mary White. and supported by volunteers. Comffluni-tea. a community grtyjp with drink% and craft activrbes. van througlvut the year, wilh a 5tnall number of regular parttcipants. The focus ihts year has been on ¥eathing new people thrwgh mmmunity evÈnts and a number of them have run succesrfully througlkn)ut ttE year. Se¥erol new people carne on our coach trip to eoumemouth and then volunteered to help tyjt at the Community Friendship meal. This saw 74 peopk of all ages aThJ cultutps enjoy a delicious meal and quiz. Our first Communrty Heroe5 Aw•#s Cerenw)ny was a ioyfvl event (tlebratin9 Iwal people with awards categories such as Committed Caw and Awesome (e(comer. NthMinètion5 came in from the neighbourtKbod. the judginy panel invofved people from thrEe organisatiorts. and event was amazing. During the year we a150 enjoyed a trip to ste addifi at the Lyit Hammersmith. a pancake Party and an Everyday Heroes Thank You evenL We were able tt> tscilitste the Bereavement Joumey coutse twi in the yw in partnwthip viith the Grenfell Health and Wellbeing Sewvlce and the 18 paffj(7pants fourxl it helpful. During Mary's sabbatical in 2023 she travelled to Christchvrch. New ZeaL4nd to research the tommunity reSnSt to the earthquakes and Mosq shoots"rwJs wlth a Churthill Fellowship. A 9gnftant focus for role in 24125 has bringing her learning5 Ii&k to ty fmfell commwirty. This induded launchiTW her report-Hope for the h)ng-haul" at two events for organisatKJns and I11 people. and a wide range OF people portiapated. She has also bn artNÈty involved wtth othw lotsl resk1ents in shaw'n9 the Futu Grenfell Support prtgramme, and hès tegun building lationShipS 417th people in Ihe CouFX41 as the Council LeJer and Ical COu1110Ts. and with our new Ir1 MP. Joe Powell. There has been some PFOgW in twibdirmj a rel&nship wilh the local secondary xhool, Kensingttsn Aldre Academy. and we ueoted 40 boxesfor chih1 in need of &Jdition 5UPPOrt for the twinning of the academic year. Grtnhli 14 June 2024 was the 5e¥enth anniversary c¢ the Grenfdl Tower fire and iatymer pved a significant role in the servi of Hope oryantsed with other local churche5, as well as Latymer people PartKipatiJ in Ihe Silent Womr. Mary also partiopated in the Grenfell TO¥ merIal Q>rnrnio'5 film on archivry to mark the anniversary.
We conJnue to be gratéfvl to God for su5tsW We celebrate: The commitrnent ahd faith of so many ofour thw¢h member5. ofteft lft diffiott cmThstsns New Ivays of reathng Wt into the cornfflunity. indlirj (Kganisa16onal outre•th. events and grcswirwj partnUshS Mth other t(xal organisarions God's proviston through new donws and w•ys of fvThJraisÉrnJ ¢) Flnan¢lal Revlew The charity's prlncfjpal sources of income are kK11¥?1 gi¥iw by Church memters and gi¥ing frDrn other iF¥Jividu8ls towards the vmrk of the Churth. v4ith aSSlated ()ft Aid. We atso have some Incrjme from gran We continue to work on drffuent kinds of fvndrnising tD build the tharivs finantial stabil. A number of Trew regular supporters were secured from outde Latymer. ar¥1 we hekl a fuTrdraiyng event in Septemberwhich weThl well. During the period we slgned an •Jreernent to pilot a chm shop whicb has the potential to bring in unrestricted funds. Progress with locating a suitable premists for the charity shop Iws been slower thon antictpated but we are persisting with it at this stage baUse there is Th) financbal risk to the Tnrt We a150 atpld for runt11r from a number ( sources. Total income this financtal year was E103.640 woth total exp)Se beFng É108,724. The net loss was therefore £5.084. This is a lot le5S than our buthjeted deficit forthe year. We akn put £18.IxKI tOWaTts the rharity shop proposal. which had not been budgeted at the stsrt of the year, Mwever we know tlwt we will get am of Ihe £18,000 back if the shop does not happen. We hove carried over £249 Fn restric fvThJing. E223 of this i% fFom The LonJn Communty FouTrJotion, whith will be spent on suprxkn"ng local youThJ people in the 25.26 financial year. The Fem6ining £26 is a contribuilon towards twinnlt¥J a toikt In the church buildiry. We stiii have our unrestritted reseNe5 target of E50.IXKI, ts equivalent to 3 month's experltUre (£30.rMJo). plus"£20,000 for when we mve l)ad< into the buldiThJ and the £249 of restricted funding which is still to be speThL We finished the year with £133.662 which afftynts to a varration of £83.662 from the polKy. During the year ¥4e received a numtr of small grants towards our commun5ty artivities. City Living Lordl life funded our coach trip and Friendship Meal whilst the Kerisington and Chelsea Fountlaiitm and North Kensir4Jton Community Energy funded the Communaty Heroe5 Awords cwern. The London Foundatw fu[ed the Family outings to G¢rApe and a pantomime. We a150 took up a number of speoal uJllectith)s fw organisation5 such as Crtsi5 aThl these wtre transferred in full to the oryanisaiion ConMetI. kn Individual made a donabon ro cthfer the costs of llon9 a Walk thrwh the Bible"day ' In 25126 so this was c3rrTed over. The Trustees continued in their finanoaj man•Jement dulles whith rndude.. regular review of the budget and spending at each Trustees meetirKJ review and maintenance of the formal reserves polity ond the funttioning of the church. The e1 and appropriateness of these reserves is revtewed before the Start d eoth f¢naftcial veèr continued implementstion of the finanoal controls polity The Trusvs expendiiure has advanced the CThristian faith by providlThJ actNitse5 aTrJ reUrCeS to enralle people in thelr faith Joumey. The ptovi$4on of Commun activlties. has ben¥loal to local peop. The Trnst does not ho mattrial investmtrirs. d) Plans for the Fulurp We have been thallenged to be Increasin out tn the community whdst are based at the Methodist Church and to that end have ordwed 9ospets to give away and have adoptej a number of tsenth the to sit on to pray and See COnrSat[ons opell up. We arE excited that in the 25-26 firtanciJl year we reve grant funding for 50% of the cost of employing 8 part-time Community Evarwist alkiws us to proceed with recruitment to this role. A number of church mefflber5 are wng to participate in t* Black light course. whith is a Christian tourse looklng at thé black ryesee In &ble thrc1ugtt. diurch" wNth fvrtfter devdop us as an Inlercultural churth.
TYMER CHAXSTIAN FELLOWSHIP TRUST IA C¢MPAY ummo BY GiIAAAIITEE RtPOAT QF THE OXKECfOR5 <C•ntknu¢d) FOR ThE YEAA EMDED 315T MAACH 1025 The Charftle5 Art the Comwks kt requtre the PA)ard offNths to fin8ndal Stats fw each financlal year wh&Jb 41ve a and falr vlew of the state of of the char¢y as at the tr#1 of the fina1 year G+ the swplus or dendt of the make IeMentS and esbmètes th•t re•sw•W •Th1 pudert: prepare the finandal s¥terrrt5 On ihe 9cty concern bas15 (t6 to wesume thatthe thaftr wll tinue in Otr. state whther appM¢at4e muni1 and statemorts rf vecornmended Tha¥e fr)red ro The DIreth ère 4150 respwblE malntawiiry •dEquaie rettyos vshth diOJse wh rewnable accuracy at any tkr the Aatal posltion of the charfty and 5uffjcnr to SI and explaln the th6rty'S tran&%tions and enab thtffl to ensure that the flnandal Ststements ¢¢mpty wlth the p£t 2006 and CorTry regulatW5 rrballe unllÈr thÈ CharltiÈs kt. They art resp)nO+e fcr 5afe9uardSng the assets Dr the (hw and h¢¢ for rakin9 reasoTr step5 for the prevEniion and detecboh ol fravd aTh# other kr¢93¥1e¥. rdalion to the Dirèct¢fs' rewt to e¥amffiir4 report and •SVlwWJ that on the fa ol thÈ report tre are no cons15tefflde5 wlth the fi9ures dkd¢sed in the financw siatemeni5. ime. l appm¥e the statement ol fthJnthl and b•lm the vw eAthd 31sr Plwth 2025. and confinn that I have madE avaiab all ird¢mwknn necess4ry for *•rygved by the O1rtrt on the 15 Slgned on thor behaw by Print Narne.. S.OWeHFLOWER
{A CI)MPAIIY LIPIITtO BY GIIAAANTit) STATEMEIIT OF FXIUN¢UL ACTivniES FOII TME YEAR E14DED 31ST MARCH 2015 roTAL 2014125 TOYAL 2023124 Fun¢ts FuThJs INCOME FROII: OonaUun5 73.401 16.412 1.187 91.0fy) 00.860 Trading 24,830 Inve5¢mEnts 3.682 3,6BZ 2.568 150 8.958 11.249 TOTAL IllCOMt EXPENDrnIRE 011: 76,77Q 17,253 IDI,027 100,422 Ra1shg Funds 28.705 7.697 7,697 9.306 TOTAL EXPE14DfTuAE 467 13 433 NET INCOWEI(EXPEIIDrnIRE) 169X) 492 Yrnn5fer Beh¥Éen Fthls 12.4871 NET F40VeMENT III FIINDS 13.39•) (691) 1*95) (5.084) (XO.926) RECONCIUATION OFFLIIIDS: Toral FU Orwght 137.060 1.144 142.110 16X.036 TOTAL FUNDS CAAAIED FOAWARD 249 137 026 14 iio The notes N9e$ 12 10 20 ftym pwt of these fAwoal #Otwnents. io
TYMEA ¢NAisfiAII FELLOWSMIP TRiisr (A COMPMY •Y WAIIANTEE) AL411CE SIIEtT AS AT 31ST MAACII 20 Tatal T•t41 Fund5 Funds Flxed AsseL TonblE Assets 2.723 2.723 Crr¥fit Assets t>ebityS & Prepayments Cash at Bank an# Ih Harwj Stoc# Totsl Cuvvent A¥ets 14.189 106.289 3.2B2 13.291 1?,471 120.650 15.744 L47,426 156 121 163 170 CTeknv# due rrfbe ytsr 7.539 J3.458 821 21.818 21.060 NET CURAEPn ASSEf5 130.939 3.115 249 134,303 142.110 lis lJ7.02fj 14J&llO CThdlt(bys." In mort th• one year NET ASSETS 249 137,021 14 FftdS olthe Ch4vIty General Funds Funds Aestrirted Fund5 133.662 133.662 3,115 249 137,060 3.B06 k,244 3.115 249 249 137 026 3412 110 Irettors. R4spMslblMUe&' The CDrnpary was td $477 OfU Cornpantes 2rx)6 rekntr9 tD sm•1 compafyies. The member5 have not requlred the to obtakn aCrdarKe lth Sth 476 ofthe thDpan5 Act 2006. ¢¢ur¥j re£ord5 prepara0Th of accounts. These aettyjrts have tJeen kwepared in aCCDrdarKe tith tt appkawe to gnal tornpJnfjÈS subjett ro the 5rn81 CwinieS reglme In acrordanre with FRS102 SORP. App¥oveO by Cedok5 on the 2025 Slgned on theic behatr prtnt N*.. S.BiAritHfLOWER
LATYMER ¢IIAISTZAII FeLiOWSHIP TRUST (A COMPANY LIMTTED BY GUAAAMTEE) PIQTES TO T•IE FIHAIICIAL STATEMEPIYS 1t4nt1fiuj FOM YME YEAII ÉNDED 31ST MARCH 2025 I. XCOUN71NG POUaE$ B18 of PveparJtl•n The fina1 sratements Iwve beem PfEpared the htstor cost re¢o9n15ed at cost or tsa115•rlhY valk vA8$5 Q1htrse Sttled in tr notes. The fAiandal stat¢rnts have bew wepared in accDrts)ce w¢h the StaterneDt of Ae¢ommehded PRctke." ACttyJntlDg Reptrtkng by Charls prepanNJ tr accounts In a(Lw¢ance th the Fthèndal RÈpOn9 standard applicable In the UK and Repk of I¥dand (FASA02) (effeLtfve i )arNOry 20191- Ichafi15 50RP - FR51021 ano Charities Att 2011. The meets the of a bts)efit under FR5XOI. Assets"aTrJ lable5 are rwnfsed ai cost Un other¢415e stated In the rEvant accounting PDky nott> vl Gn• Concern Pretrarattsi of the accounts a 9LSrvJ concern b45a¥ Tr UUSW maLerfal untertaknts obtyJt t CThatty'5 to eortithue as a ¢tern. There hève been no rh4r¥Jes to the prew •ccwn R•¢wltl•n al Incom¢ These are ThK4uOe4 in the Starement ol {SOFA)'hen-. . the charty bEc¢rrKs enutled tD the iroine.' . * Is rmre Ilkdy than not that ihe tn15tee5 r2tEtwe rrts. ar . the mtt•ry v4ye c•t) be measwed ith $LorKl Fi5 102. Grans 4onatkn5 are IndudEd kn the SOFA tr 9rn1 wKome recLwthn osterfa a 15.10 to 5.ia FRS 102 SORPI. Tax RecIa1n on Dvnotlons 61ft Gift Ad reCea ts thJdeé L5 a ¥abJ dedaratbjn fram the donDr. Any amount rD¥ed donatiw ts CL>n5kterEd to be part (+ that 9ift affld ts •s •)thf to the sary as inlwl n%5 the domr or the terrns of the appeal have 5pe¢rfd otheryi. Thk5 is dUded in 50FA +te tt thity ttas wov4leL1 9oods w ser¥Kes or the ted coffldrtws. Gifts In Klnd Gtft5 In khd for use by the cWty are lTrJuded kn the S]FA J5 Intome fwom dtsnovons rEte[w•b. LBgwcies Legacies •ty knduOe4 SOFA receirrt L% probablE. that . there has grant of probate. tl exeokns have estsbllthtd there ¥e suffld¥t assets h the t$ and •ny )db)n$ ottathel ¥• tl gx¥ are eher the CDntrol ot th2 charity or hjve bEen met. Grts The charty ha5 not rectsvtd govtrnrnentgrnnts period. Donatod Ser¥e$ la¢116 oortated seryices facilits we dUdE0 in tr SOFA at ve or te to the <tsiity ryOVided the value ol th¢ 941 Gin be m¢•swed rdhibw. aTr expeD5e Uer U approprlate h¢adW th the SOFA. 12
CIIIIZ5llAWI FELLOWSHIP TRIIST
(A COMPAIIY Lii•ifED OY GUARA14TEE)
MOTes TO T•1¢ FThAKUAI STATE••ÉNTS le•hthMl}
FOA TME YE1 EXOED 31ST 2015
J. ACCOUNIIIIG POLICIES IconiiffiM41)
The Y¥lu¢ ol any ¥cJrtary hety tyc•ved IrKWed th tr ae¢ours M 15 the C¥rtors' repprL
Jn¢om IntTesti royaRies and dlvldends
ThIS L In¢hJded In the accoums when recelpt Ls yobab and bE measured r¥llt4y.
. Investmenl Gal L¢)ss¥s
Thls Include5 any gavi w h)ss oth the lrtvesbnents and ¥ gakn to maret vakje
at the end of the year.
InsuraKe clalms are knchjéed kn ihE WA when thE rtC•WXkn crfterfa t mei Is.10 r4 S.12 FRS 102 SORPI
and are indyded as an item ol other orne the SJFA.
rncorne frgm mmb¢w5&1p ybwlpii•
MemtersNp 5thcrfptbn5 ¥¢5 ¥ ftwber the rtjht seryites ty other •$ e•rned Irom
the fWYi5k)n ot goDd5 and seeS a5 intome charrtable arti¥ts.
LlabAity Ilocogrtitso
Uabllltles ar¢ r¢ca9ntsed where rt Is More Ikely th6n It that rhere a IEg orcStru1we obthjatkni commitlny t1ch#1 to pay
out rvJources and the èm(vJnt rtJU9aLknn can reasOblE ¢ataAIty.
Gwernarbte and 5ypporttwQS
Support ¢osL% rpwesent thE cost of Central iutictK)fs. for eyamplt govevAare <05ts. payrol admiTh&tr•tion. iThlomiKsn tkyY.
Go¥eman coxs are those 5UPPOrt cost5 whlch reÈ to publlc xcfyjntafft ofthe db¥bty 5 CDfflpiiance wRh re4arn and
good praGrke.
Grnnts ¥ilth Perfoifflance con415n$
Vthere the chJrtty gfves a grnnt Wlith £ondthns lor ts paymr beknq a 5pttmc knl of ser¥te or¢W to te prDvlded, yjth gtsnts
e only ¢ecognsed ITh tme or1¢£ the redplait ol tre wovhd spe
LATYMER CHRISTIAN FELLOWSHIP TRUST {A COMPANY LZMITtD BY AllAIrEE) IIOTES TO 7NE FIIIAPICIAL sfATEM¢Nfs l¢•thtk¥> OR TIIE YÉAR EMDID 31sr •lARtH 1025 Taxatlon The ¢hèrity is tsempt tax M its ch¥h•blè rixed Assets Tanglble flxeo as$ets for vse by c, these Cap1aed Wthev tsn i used tton we year. and Cost at ast ÉSOO. They are valved al Costly. 9rfted. attr W4 to ¢)harity on re£eyt. Depreclatfjon Expenge Depre01tlI is cakvLited at 4 r i• (41 the cost fved assets uth a Aeou¢wJ Tr4er their esiirntsd useful Ie$. The rates applw per aMLUn a os fokns.. ' GenEral Eiutrment 25% ThEre ha5 been M tha¢ to ttré xcouhtin9 l¥aluaboTh m&tlth ot XCOUW) since lJ5t yBJr. 2. TAIIGI8LE FIXEO ASSEWS Genev•l Re#dtte(I Equpfft 01.Ay.24 4.912 236 2.487 Iso 4,912 7.713 Addit Trnnsf¥5 8eteen Funts 015PgS3 2.487 12.4871 150 31.14w-25 OepTedatk)n Charge Olspos3 DewEciatwn at 01-Aw-24 4.912 4.912 150 150 31-FW-25 Net V¥ue Net Bk Value 31.Ptar-2S 31-Mar-2 ?23 The ¥nuai urrtler non-¢wu¥ caprtal commTnts and tybriient 1Obilies èt 31st Morth 2024 are as foll%.. M¢irthty rental payiw)ts of E900 4$ frwn SeFtenthv Z023. The TraNsler 8etsmn Furth £2.48? showj) represuts assets purd fmrn re5trlcted furth. AS the r8Strt¢Jon Y•as lfllled upon pur¢hase, thls enabled the asset to te trènsferved kn unvesbtted gentral hJNts to be for any charttab* purpose. 14
LATYIIER CMIIISTKAII FELLOWSIIIP TRIIST (A ¢O•IPANY UMMD BY GUARA14YeÉ) FOR Tlle Y¢AR EMDEO 31ST IIARCH 2025 3. INCOME FR¢)M: Total 3024115 a) Don•tknÈ & Le9acle5 GKt Aj DonatKirs Gft Tax Refund Ghls & oifeiin95 46.446 11.679 1S,276 13.130 3.282 59,576 14.961 16.463 53,728 13.911 13.221 1,187 73 b) Oth•rTradln9 Acllvlll•s 18,128 S.911 791 Car P4r Ftat Renr 24 30 irtere5t 3.682 3.682 2,568 •} Chaiii•ble Actl¥iiles C¢mmunlty Adivits Grants Swndry Irwne Galn on dts9ol 493 190 6.919 200 1,370 5,710 732 3.437 6.919 1,206 150 150 Iso 15
LATVIIER CHRISW FELLOWSHIP TRUST (A C¢P•PANY UHITED OY GIJARAFITtE) 1407ES TO T•IE FIIIAMCIAL STATE•IEMTS (onlkiwd) FOR TIIE YUR ENDED 31ST MAACH 2025 4. tXPEMDmiRE 014: Total 2023124 FurKF5 Fund5 3014115 Ad¥ertbslny fa PuNklty Community ktivlts Dtsci)iesh4) Expen Evangelsrn G5 & Dthvtions Postage & srth 215 215 4.668 1.916 133 io,doo 769 io.aoo 67.145 1.155 72 87 6.3?8 3.838 326 10.243 1,266 1.916 133 7.952 769 io.efjo 49.838 1.155 841 1,607 Rent 5tsff Costs Sundry Expense5 Cosis Tr•ining Costs Wewte & IT Costs 16.4J2 895 74.266 46L 860 502 2.195 12 344 io 3,410 101 027 b) IlJlslng Funds 111n9 Repai & Makttnan Centrt Fl8t clEang ts ltygleDe Costs Coundl Tax Equlk4meni 1,789 275 9,919 359 213 3.463 1.812 46L 8,488 466 Gas e05t5 Lass on dlspwl Rent Sundry FUndIng Costs Water Cos 672 Independent Examlws Fre Irtstyrance Costs Le9al & PrDFesslonat Fees lind bwkkeep fee51 ' 1.7YO 513 5.414 1.770 513 5,414 1.770 573 6.963 16
LATYIIER CIIRIMAM FELLQWSMIP TRUST (A COMPANY LIMITEO BY GUARANItE> 140TES TO TIIF FINANUAL SfATfMElffS (¢onllnu•d) FOA ThE YEAR EIIDEO 315r MARCH 2025 ItESTRicfED FUIID5 Ops. PAKClfjty.U¥h Life urth - Crisi$ Church . CoffjrMJnty Frojwjatronl Church . Ldon Communy FouThJathn Church - Trènsfrn Europe Weiwork ITEN) To11 Twinnffi9 Mattsoh 5klj. Crnpuler W PAt 13,433} 125} (750} 16921 (810} 25 7SO 915 (1401 223 2.50Y {22} (560) (182) {1 {2.4871 Intematlon81 Justyce Mtssto NK Cornmu Flerr5 182 487 249 014pr-23 Ops. R6KCICy Ufe Jrch- CrtsL5 Chyrrh- Communlty Splrlt [K&C FwfyJ•yonl Church. Lonth Commvthrty Churth.Westway Trt Church- Transfm Europe flett¥ort ITENI (BT Donatel Tolt Twinntr 1,440 19971 (3691 (1.0001 1585) 11.270) 179)) (Jl5) 44] 915 1.270 650 114Ql 315 41 PurpDse ol Cty LNing Local Lwe - for coach aTrJ Fdendshw 14aal Crfsis - fvnds ralsed forwardeé to Crt415 homekn Kenwn and Chdseè Fo¥twJat• - fuhthN4 for CtyMmvn¥ Trknps Coremony London CommuDIty F•undaitrJn - Farnlly out¥5 a panr(#))kn)e. wlth £223 Girrled over for kncal youw people In the 25-26 firnCl year Ttansform ELw¢pe Networt - SWPOrtm9 • coge stLtht in Aknania 1112 and 9JkVYbry a couple IEathg è {112 yearl Tolt Twinnihg = l¢r 1lift9 to•Ets in arEJs kn1th< prw t¢let llitS MarusoTh ScalFokllng - fvndin9 for ne L)ptops and phtyr Irty)) a Cal %aNoioiTh9 Funeral$ 47 people fvom makin9 ts)ntdtyutJons icward5 ihe coas ol anOtr(j member Internatbnal Jusy¢È Mission 5pxWI ts)ltioft the £hurth fur IJM the annual Freedom Sund North KenSt0 c4m Emryy - luNIkn9 (mrn a f¢r u Commwy Hetws A¥J•rds Ceremty frans1 tsee•n fvndB The rAnsfer beeen funds In 24115 wresents Axed assets p¥rtha5pd frpm rntric fund5. AS the rE5rrktbn was ftJlSled upon pur¢base, this enabd tt asset to be trarthrred to UrrfEstr1 9trrnl lunds to be used (Dr Ymy purpose. 31-Ma¥-25 31-Mar-24 Cash at Bank 249 249 18
LATYMEA CHA15fiAW FELLOWSHIP TRiiSY (a COMPAIIY UMITED 8Y GUARFITEEI FQR T>IE YEAR ENDED 31ST MARCH 2025 S. DESIGXTED Fulffl CUAPEIIT FIPIAI•CIAL YEAR ••l•n¢e 8ulldlThg Ewlprnert 1.965 16.412 116.4J21 18411 IO Fund Walk ThrDU9h The PAbb2 150 Aso PRMOUS PINANCUL YEAR . bzl•nce 014pTr2J •al•n¢ 31-l•ar-24. Churth &Jldin9sIOps 8uldln4 Eguipmenr Eden (44.353) 24.905 3.437 450 14.042 7.9SO 130.9461 (4721 50.394 2,965 955 (14.0921 19.0841 IO% Fund 1.97S Ctrurch euY6itys= we vacated the buadir4 on 31st I9# 2023 at thLs xcounl tms fflwged wth wernl Crth fund Le¥deFS SoWes- to track fvfvjs speoftawy tor IEaders salIeS Eden now mer9ed with unrestricieo fvrs IO Fund- to ensvrt that 10% of ¥1 ome L¢ 9¢0 to rfher ¢Mtshle the iatymer Felkiwshw Tntst Walk Ihrou9h the elble - dcwi¥)n from an iThthfwJual to PEOP to attthd the w•lk Throv9h Ihe Blbk Mew Te5tsmEnt Lent the thur<h is hos Thefe weo no rransfer5 btheen fvnds hi 2024115. 31-Mar-25 31-Ilar.24 Flxed A55et5 C4$h 4 84nk Debtors red15 13.291 3.282 14.542 2,865 17
LITYMEft CMRfs71AM FELLQWSHTr TRUST (A COMPAWY LIMrrED BY GUARANT¢£} •OYeS TO The WTEgIEIIYS I11¥d> FOA ThÈ YEAR EWIDED 31ST MARCN 2025 7. CASH AT •A14K AND IN HAIID 3144ar•15 General Att•un. Curfent S,837 59.757 23.700 29.437 273 6,$41 1,43B 22,6S7 28,711 Ftxed Ratt kcourt 111 FrKed Raie Dewsit AC(•yrt 12) Cash in Hand Eden Current Church 8ulldlngs: Cwrent 6,195 147 425 8. DE•TORS ANO PAfPAYIIE•ITS 31-Nar•25 3144aTr24 sundry Debtor5 HMAC SNP/SPP R4co¥qrablE Gfft Tax Recovetabk 1,743 14.IXII 14.962 g. CREofTORS. AMOUMTS FALUIIG OVE IrNI14 ONE YEAR S1-P•arv24 Independent Examlneys Fee A££rued Salary Pensth Costs Oiher Accruals Sun¢Yry Ordtys 1.770 1,678 Is. 2.701 1.770 1.566 15.669 I55 10. srAFF cosrs ANO NUM#e 2024125 2Q231 Gross Wages and sors edtsndanq Costs Ernployer's Nation¥ IngJraTrce Costs Èmploytrs 10¥¥#* PensloTr Contrfbvtyon5 SNPISPP Reco¥ernd Staff 085 (hecks 69,729 70,951 1,792 5.635 6.121 (s.) 3.052 (6.949) 192 2.457 (1,743) 171 The Charity operates a PAYe srheme to pay al enpSyfftJ of 5raff DD rf•ved emdumentsof trrtr £60.000 12023124= None). 19
LATYMU¢ CMRWIAII FtLiI)WSHIP TRUST la COMPANY UMITED ay GUARAIITEE) 140TES TO THE FIIINI•CIAi STATEIIEITWS Ic4TrtInuj FOA THE YEAR ENDED 31ST I•ARCH 2025 lty $7A•F COSTS"AIIO IIUMBEftS (rontknuedl Avernge ner ol PtyeS irt eath rflhe the$.. 2111412S 202JIZ4 2.83 3.41 13 3.41 The Chwth had 3 efflsknees •t start oftht pts%é av1 2 empb)yetS the •f the p•>J. The key rnznJuernent per5onn¥ the tharrty ctyN?rise tFe Trtee5 and Senh)r marW)nE Team. fio Tw5tees reoNed reMunÈratTr. Th• total employee benefits (iTrJuding empbyer natw¥ ranCe p10¥r pefisK)n contrl>utKJns) of thè kev management Pe[141th8 thaT ¥Ar £4S.425 {2023124". £45.9131. IA. RECOaUAnoN OF •lO¥tflENT ON cApifAL AIID The Comwny arantee 1076S06181 and ts a req15tered wih the Chtth 111424201 does not have a Share taptsi has •0 intome subiertto CtyptyatK)n Ta 202412$ 23124 Profit / Defkf( finarK5lll year other Recognised G&kn5 15.0841 {18.926) 142,110 A61,036 JrS at 31st March 292WJig I4h ZOZ4 137 026 J42 110 12. PAY•IENlS ro ty14EcfoRS AIID RELATED IIARTXES No payMts v4er2 made to dwectors or any connected thii. other ifn mJ¢ments for purchases made on benaw ol ihe Charity. NQ rnatrrial transactthi look place bee Ctrrity and a Dr person connerttd with the 12023124.. t4ont.) 13. IIISK ASSESSMEN7 The Dlrector4 attelY revlew the ma&Jr ffikh tre tharity facts OD è b•sis and beneve th•t the Iree tEserve5 Ststed combAied annual revlew of contrDt5 over key 5yStern5 carrfed tyjt on an an•Lo1 basL ¥YUI orov#le sufficieot rtsource5 Ml tts eveni •dve¢se tonditions. The dirertors also exaftNThed othEf OPErabDnal bu5ines5 rf5ks whKh tly face confirm thot have e5WJShFd systtyn5 14 fTMt¥ate the Ktsks. 14. RESERV¢S POLICY Th¢ Dlr¢a4y5 ho¥e cons¢ rhe ol <eser¥es to retath. approprlJte to the tharfty's rLIs. Th1S Is based OD the tharTr's sits and LV flnanoal <ornmiurnts w. direaws ¥m to t) Ihe chorty 11 be 4We to (cknue to fulfll cbèntab obiectives even if there 15 a tempjrary 5hortfab in iromE or unexpethd experwxure. The dectors 11 ende not ro set aside hJnds unnecSath. IS. W•UC WlÉnT The Charity 1&nthed9e5 its requiremtrii to dernoThstre that (( must hjve charitable wrpose5 or 'awrys' that ore for the publlc benef. Detsils of hu the charity has hVed fhis are prD¥ld the Ovcdots. reporL The Director5 confrm that they have p due reoard to the cDarlty gufr)at berft brf¢xe ¢J14 v4h# the charty shDuk1 undertake. 20