Company Ltd by Guarantee No. 06326889
Registered Charity Number: 1145323
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **FOR**
## **LIVINGWELL COMMUNITY CHURCH LTD**
Page **1** of **12**
|**CONTENTS**
Company & Charity Information
Trustee Report
Independent Examiner’s Report
Statement of Financial Activities
Balance Sheet
Notes to Financial Statement
|**PAGE NO**
3
4 - 5
6
7
8
9 - 12|
|---|---|
Page **2** of **12**
## **LIVINGWELL COMMUNITY CHURCH LTD**
## **COMPANY AND CHARITY INFORMATION FOR THE YEAR ENDED 31 MARCH 2022**
DIRECTORS / TRUSTEES:
Derrick Dunkley (Chair) Mrs Kelly Anne Larmond-Dunkley Ms Yvonne Jeffries
40 Woodview Drive Woodview Birmingham B15 2HU
REGISTERED OFFICE: Woodview B15 2HU REGISTERED NUMBER REGISTERD CHARITY NUMBER: 1145323 INDEPENDENT EXAMINER
06326889 (England and Wales)
L Charles Accounting Limited Birmingham Victoria Square One Victoria Square Birmingham B1 1BD
PLACE OF WORSHIP:
Woodview Community Centre Woodview Drive Edgbaston Birmingham B15 2HU
Page **3** of **12**
## **LIVINGWELL COMMUNITY CHURCH LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The Directors, who are also trustees for the purposes of the Charity Act, present their annual report and independently reviewed Financial Statements for the year ended 31st March 2022
## OBJECTS AND ACTIVITIES
As set out in the Memorandum and Articles of Association the objects of the charity are:
(I) FAITH FOR THE BENEFIT OF THE PURBLIC IN ACCORDANCE WITH THE TEACHINGS, STATEMENTS OF THE BELIEF APPEARING IN THE TEACHING OF THE BIBLE.
(II) TO ADVANCE COMMUNITY COHESION FO RTHE BENEFIT OF THE PUBLIC
(III) TO SECURE THE ESTABLISHMENET, MANAGEMENT AND MAINTENANCE OF A COMMUNITY CENTRE IN FURTHERANCE OF THE ABOVE OBJECTS
The Charity receives donations for non-specific purposes, which are treated as Unrestricted Funds. This year the Charity also benefitted from both the Birmingham Small Business Recovery Grant and COVID Job Retention schemes - aimed at helping small organisations in our area recover and grow from the impact of the COVID Pandemic.
As can be seen from the Statement of Financial Activities (SOFA) (page 7) the Charity maintained a surplus of £20,026 during this financial year (prior year a surplus of £29,490 was achieved).
The Organisation was severely impacted by the global Covid-19 pandemic during the year with cancellations of key activities and a reduction in its ability to meet in person. However, during Lockdown, Livingwell continued to promote the Christian message in Edgbaston.
The innovative adjustments from previous years have meant that LCC was able to attract Covid-19 resilience recovery funding to ensure that we could continue to deliver a community engagement service.
The adoption of our new Covid-19 resilience recovery plan has led to renewed activities and engagement with new members of our community.
LCC made the following achievements: -
- We converted Livingwell Café into a community drop-in for isolated families.
- We continued to increase our Foodbank food distribution to 160,000 to disadvantaged families.
- We consistently broadcast Livingwell online and a new digital channel on YouTube with viewers added from across the UK, the USA, Caribbean, Africa and Europe.
- Produced and broadcast 48 Sunday services.
- Produced weekly member groups connecting for all church activities.
- Hampers of Hope were delivered to families bereaved.
- We launched new giving platforms to support online donations.
- We accessed Community grants and financial support to enable us to obtain the financial stability.
Page **4** of **12**
Our Church has continued to receive new members and extended the number of volunteers increasing our engagement with the local Edgbaston community.
The Trustees are empowered to invest monies of the Charity not immediately required for the furtherance of its objects in or upon such investments, securities or property as may be thought fit, nevertheless subject to such conditions (if any) and such consents (if any) as may for the time being, be imposed or required by law
## **STATEMENT OF DIRECTORS’ RESPONSIBILITIES**
The directors are required under UK Company law to prepare financial statements for each financial year, which give a true and fair view of the company’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the directors are required to:
- A. select suitable accounting policies and apply them consistently.
- B. make judgements and estimates that are reasonable and prudent.
- C. state whether applicable accounting standards and statements of recommended practice have been
- D. followed, subject to any departures disclosed and explained in the financial statements.
- E. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in operation.
The directors are responsible for keeping accounting records, which disclose with reasonable accuracy the financial position of the company, and which enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors have identified the major risks to which the charity is exposed and have put adopted
suitable mechanisms to manage those risks.
## **APPROVAL**
This report was approved by the directors on 13[th] December, 2022
and signed on their behalf: …..............................................................................................
Mr Derrick Dunkley, Trustee
Page **5** of **12**
## **REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF LIVINGWELL COMMUNITY CHURCH LTD**
I report on the accounts of the Charity for the year ended 31 March 2022, which are set out on pages 4 – 5 and 7 – 12
## **Respective responsibilities of Trustees and Examiner**
As the Charity’s trustees I am responsible for preparation of the accounts; and consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under section 145 of the Charities Act,
- To follow the procedures laid down in the general directions given by the Charity Commission under section 145 (5) (b) of the Charities Act and
- To state whether matters have come to my attention
## **Basis of independent examination statement**
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanation from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiners’ statement**
In connection with my examination, no matter has come to my attention:
1. Which give me a reasonable cause to believe that in any material respect the requirements
- a. To keep accounting records in accordance with section 130 of the Charities Act; and
- b. To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
2. To which, in my opinion, attention should be drawn in order rot enable a proper understanding of the accounts to be reached.
Letha A Charles, ACMA, MiP L Charles Accounting Ltd 1 Victoria Square Birmingham B1 1BD
Page **6** of **12**
## **LIVINGWELL COMMUNITY CHURCH LTD**
## **Statement of Financial Activities (incorporating an income and Expenditure Account)**
## **for the year ended 31st March 2022**
## **Statement of Financial Activities (incorporating an income and Expenditure Account) for the year ended 31st March 2022**
|Notes
**INCOME FROM:**
Donations & legacies
2
Grants
3
Charitable Activities
4
Investment income
5
**TOTAL INCOME**
**EXPENDITURE ON:**
Raising funds
Charitable activities
**TOTAL EXPENDITURE**
6
**NET INCOME/(EXPENDITURE)**
**before transfers**
**Transfer between funds**
**Net Incoming/(Outgoing) resources**
**RECONCILIATION OF FUNDS**
Total funds bought forward
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**Restricted**
**Funds**
**Funds**
£
£
11,323
-
15,628
-
7,567
-
-
-|**2022**
**Total**
**Funds**
£
11,323
15,628
7,567
-
**34,518**|2021
Total
Funds
£
6,034
52,959
321
-|
|---|---|---|---|
||**34,518**
**-**||**59,314**|
||41096
-
2,886
-
-
**43,981**
**-**
(9,464)
-
**(9,464)**
**-**
29,490
-
**20,026**
**-**|41,096
2,886
-
**43,981**|29,949
4,548
-|
||||**34,497**|
|||(9,464)
-|24,817
-|
|||**(9,464)**|**24,817**|
|||29,490|4,673|
|||**20,026**|**29,490**|
_There are not recognised gains or losses other than those passing through the income and expenditure account._
Page **7** of **12**
**LIVINGWELL COMMUNITY CHURCH LTD Balance Sheet as at 31st March 2022**
||**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Debtors & Prepayments
Cash at bank and in hand||**Notes**||**2022**||||**2021**|
|---|---|---|---|---|---|---|---|---|---|
||||||**£**||||**£**|
|||||||||||
||||7||11,700||||11,700|
|||||||||||
|||||||||||
||||8||10,548||||(12,500)|
||||||7,364||||45,292|
||**CREDITORS**
Amounts falling due within one year||||17,911||||32,792|
|||||||||||
|||||||||||
||||9||(6,383)||||(9,301)|
||**NET CURRENT ASSETS**|||||||||
||||||11,529||||23,491|
|||||||||||
||**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year||||23,229||||35,191|
|||||||||||
|||||||||||
||||10||(5,486)||||(5,701)|
|||||||||||
||**NET ASSETS**||||17,742||||29,490|
||**FUNDS**
Restricted funds
Unrestricted funds|||||||||
|||||||||||
||||||-||||-|
||||||17,742||||29,490|
|||||||||||
||**TOTAL FUNDS**||||17,742||||29,490|
For the year ending 31st March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## _Director's responsibilities:_
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006
The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provision applicable to companies subject to the small companies' regime. The accounts were approved by the board on 13th December 2022
Derrick Dunkley, Chair
_The notes form part of the financial statements_
Page **8** of **12**
**Notes to the Financial Statements for the year ended 31 March 2022**
## **1 ACCOUNTING POLICIES**
## _**Accounting convention**_
The financial statements have been prepared under the historical cost convention and in accordance with the financial reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## _**Financial Reporting Standard Number 1**_
Exemption has been taken from preparing a cashflow statement on the grounds that the company qualifies as a small company.
## _**Tangible fixed assets**_
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
## _**Fixtures, fittings, computers and office equipment**_
25% per annum on the fixed instalment basis
## _**Resources Expended**_
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all the costs, related to the category. Where costs cannot be directly attributable to headings, they have been allocated to activities on a basis consistent with the use of the resources.
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
## _**Taxation**_
The charity is exempt from corporation tax on its charitable activities
## _**Funding**_
Unrestricted Funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for the restricted purpose within the objects of the charity. Restrictions arise when specified by the donor or when the funds are raised for a particular restricted purpose. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page **9** of **12**
|**2**|
**INCOME FROM DONATIONS & LEGACIES**|
**INCOME FROM DONATIONS & LEGACIES**||||**2022**
**£**||**2021**|
|---|---|---|---|---|---|---|---|---|
|||||||||**£**|
||||||||||
||Donations &legacies|||||18810||6034|
|**3**|
**GRANT**
Small Business Relief Grant
CJRS Covid Relief Grant
Awards for All Accrued Income|||||12000
3628
-|||
||||||||||
||||||||||
|||||||||42600|
|||||||||10357|
|||||||||-|
|||||||15628||52959|
|**4**|
**INCOME FROM CHARITABLE ACTVITIES**||||||||
||||||||||
||||||||||
||Grant- Hampers of Hope/Foodbank|||||80||321|
|**5**|||||||||
||||||||||
||
**INVESTMENT INCOME**||||||||
||||||||||
||Interestreceivable|||||0||0|
|**6**||||||**2022**
**£**
43750
231
-|||
||||||||||
||
**EXPENDITURE**|||||||**2021**|
||Charitable Activities|||||||**£**|
||||||||||
||Direct cost of activities|||||||32497|
||Premises costs|||||||2000|
||Independent Examiner's fee|||||||-|
|||||||43981||34497|
## **STAFF COSTS, TRUSTEES REMUNERATION AND**
- **7 EXPENSES**
During the year, no remuneration for services as a director/trustee were payable, directly or indirectly, out of funds of the charity.
Trustee Stewardship insurance of £915 was paid during the year (PYR £439)
|||**Employees**|||||||**2022**
**Number**|**2022**
**Number**||**2021**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||**Number**|
||||||||||||||
||||||||||||||
|||
during the year was:|||||||2|||2|
|||Employment costs:
Wages and salaries
Social security costs
Pensions costs|||||||16937
0
1150||||
||||||||||||||
|||||||||||||19797|
|||||||||||||0|
|||||||||||||38|
||||||||||18086|||19835|
There are no employees whose annual emoluments were £60,000 or more
Page **10** of **12**
||**Unrestricted**|**Restricted**
**Total**|
|---|---|---|
|**8**
**TANGIBLE FIXED**
**ASSETS**|**Funds**|**Funds**|
||||
||||
|**Cost**|||
|At 31 March 2021|11,700
-|-
11,700|
|Additions|-
-|-
-|
|Disposals|-
-|-
-|
|As at 31 March 2022|11,700
-|-
11,700|
||||
|**Depreciation**|||
|
At 31 March 2021|-
-|-
-|
|Charge for the period|-
-|-
-|
|
Disposals|-
-|-
-|
|As at 31 March 2022|-
-|-
-|
||||
|**Net book value**|||
|At 31 March 2021|11,700
-|-
11,700|
|At 31 March 2022|11,700
-|-
11,700|
||||
|||At 31
March
At 31
March
**2022**
**2021**
**£**
**£**
-
-
10,548
(12,500)
-
-|
|**9**
**Debtors**|||
||||
||||
||||
|Trade debtors|||
|||10,548
(12,500)|
|**10**
**Creditors: amounts falling due within one year**
Non-equity preference shares
Bank loans and overdrafts||**2022**
**2021**
**£**
**£**
-
-
-
-
-
-
(6,383)
(9,301)
-
-
-
-|
|Obligations under finance lease and hire purchase contracts|||
|Trade creditors
Taxation and social security costs
Accrued expenses|||
|||(6,383)
(9,301)|
||||
|**11**
**Creditors: amounts falling due after one year**||(5,486)
(5,701)|
Page **11** of **12**
||2022
2021|
|---|---|
||**Unrestricted**
**Restricted**
**Total**
Total|
|||
|||
|Fixed Assets|11,700
-
11,700
11700|
|Net Current Assets|11,529
-
11,529
23491|
|Long term Liabilities|(5,486)
-
(5,486)
(5,701)|
||17,742
-
17,742
29,490|
**13** Restricted funds
No restricted funds were held by the Charity at 31 March 2022
## **14 Commitments under operating leases**
At 31 March 2022 the organisation had no annual commitments under non-cancellable operating leases.
## **15 Related party transactions**
There were no transactions with related parties during the year or previous year that require disclose in these accounts.
## **16 Other information**
LIVINGWELL COMMUNITY CHURCH LTD is a CHARITABLE Company Limited by Guarantee and is a charity registered with the Charity Commissioners number 114323 and incorporated on 27 July 2007, with name change adopted as amended by special resolution dated 29 September 2011 in England. Its registered office is:
40 Woodview Drive
Woodview Community Centre Birmingham B15 2HU
Page **12** of **12**