Company Ltd by Guarantee No. 06326889
Registered Charity Number: 1145323
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
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 2023
DIRECTORS / TRUSTEES:
Derrick Dunkley (Chair) Mrs Kelly Anne Larmond-Dunkley Ms Yvonne Jeffries
40 Woodview Drive Woodview Birmingham B15 2HU 06326889 (England and Wales)
REGISTERED OFFICE: 40 Woodview Drive Woodview Birmingham B15 2HU REGISTERED NUMBER 06326889 (England and Wales) REGISTERD CHARITY NUMBER: 1145323 INDEPENDENT EXAMINER 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 2023
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 2023
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 FOR THE BENEFIT OF THE PUBLIC
(III) TO SECURE THE ESTABLISHMENET, MANAGEMENT AND MAINTENANCE OF A COMMUNITY CENTRE IN FURTHERANCE OF THE ABOVE OBJECTS
SUMMARY
Livingwell Community Church is existing to advance the Christian Faith for the benefit of the public in accordance with the teachings statements of belief appearing in the teachings of the Bible, “the advancement of the Christian religion mainly but not exclusively by means of broadcasting Christian messages of an evangelistic and teaching nature.” To advance the Christian religion in community cohesion for the benefit of the public.
To achieve our objectives Livingwell Community Church conducts weekly religious church services for the public and organises regular activities for religious meetings to take place in Birmingham our services support promoting our Christian faith by engaging in community initiatives including: -
– Working with elderly and isolated in our community by supporting over fifty’s bingo. – Livingwell café provides a peaceful refuge for families in the community to engage and meet local people within Edgbaston Community Centre Birmingham. – Providing a Foodbank to support families and communities in need providing 101,000 packages of Food to families in need.
– Working with young people who meet on Sundays.
The significant regular meetings undertaken are: -
| Activities | No. Conducted | |
|---|---|---|
| Church Suite | 52 | |
| Prayer Meeting | 52 | |
| CommunityEvents | 20 | |
| Annual Conference | 1 | |
| Youth/Children | 36 | |
The main objectives for church particularly after moving forward after Covid-19 has been to introduce add number of initiatives to the organisation including: -
- encouraging and teaching the church to deliver a focused prayer group who like spending the time in prayer
Page 4 of 12
-
Compliance upgrading our systems to enable the church to better report and control our finances and claim gift aid, and membership roll by introducing improved functionality. Enabling more transparency to our members and to provide the leadership with the controls that required to ensure it is meeting all its obligations.
-
Enable the leadership capability and size, to expand improving pastoral care service to all its members and the wider community.
1.2 ACHIEVMENTS AND PERFORMANCE
Living well Community Church continued to reach more people across our community. Living well cafe has continued to remain a central focus point for members of our community to engage with our organisation on a weekly basis. This has led to our church being able to deliver successful activities with the support of our community one of those activities is an annual hamper of hope events where members of the community nominate families in need and make donations which has been a tremendous way promoting the gospel to the families in whilst enabling us to engage with communities.
Will be able to successfully organise regular weekly Christian activities which not only attract local fabulous books we also broadcast live stream services to families that are unable to attend our building due to health reasons. The promotion of the gospel using technology and face to face attendance at our events since COVID-19 has been successful.
Significant achievements have been the successful deployment rollout of our brand-new computer. system Church suite replacing our old church management software has proven a success. Our members now have greater access to their financial records, and we are fully integrated church management software with all our historical systems meaning the organisations level of capability and reporting has improved.
APPROVAL
This report was approved by the directors on 13[th] December, 2023
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 2023, 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:
-
a. Which give me a reasonable cause to believe that in any material respect the requirements 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
-
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 2023
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| £ | £ | £ | £ | |||
| Notes | ||||||
| INCOME FROM: | ||||||
| Donations & legacies 2 |
12,468 | - |
12,468 | 11,323 | ||
Grants 3 |
2,000 | - |
2,000 | 15,628 | ||
| Charitable Activities 4 |
13,970 | - |
13,970 | 7,567 | ||
| Investment income 5 |
- | - |
- | - | ||
| TOTAL INCOME | 28,438 | - |
28,438 | 34,518 | ||
| EXPENDITURE ON: | ||||||
| Raising funds | 34053 | - | 34,053 | 41,096 | ||
| Charitable activities | 6,634 | - |
6,634 | 2,886 | ||
| - | - | - | ||||
| TOTAL EXPENDITURE 6 |
40,687 | - |
40,687 | 43,981 | ||
| NET INCOME/(EXPENDITURE) | ||||||
| before transfers | (12,249) | - | (12,249) | (9,464) | ||
| Transfer between funds | - | - |
- | - | ||
| Net Incoming/(Outgoing) | ||||||
resources |
(12,249) | - | (12,249) | (9,464) | ||
| RECONCILIATION OF | ||||||
| FUNDS | ||||||
| 20,026 | - |
20,026 | 29,490 | |||
| Total funds bought forward | ||||||
| TOTAL FUNDS CARRIED FORWARD | 7,777 | - |
7,777 | 20,026 | ||
There are no recognised gains or losses other than those passing through the income and expenditure account
Page 7 of 12
LIVINGWELL COMMUNITY CHURCH LTD Balance Sheet for the year ended 31 March 2023
| LIVINGWELL COMMUNITY CHURCH LTD Balance Sheet for the year ended 31 March 2023 |
||
|---|---|---|
| Notes | 2023 | |
| £ | ||
| Fixed assets | ||
| Intangible assets | - | |
Tangible assets 7 |
7,228 | |
Investments |
- | |
| 7,228 | ||
| Current assets | ||
| Stocks | - | |
| Debtors 8 |
648 | |
| Prepayments and accrued income | - | |
Cash at bank and in hand |
2,826 | |
| 3,474 | ||
| Creditors: amounts falling due within one year 9 |
(5,209) | |
| Net current assets | (1,735) | |
| Total assets less current liabilities | 5,493 | |
| Creditors: amounts falling due after more than one year 10 |
- | |
| Provisions for liabilities | - | |
| Net liabilities | 5,493 | |
| Capital and reserves | ||
Called up share capital |
- | |
Share premium |
- | |
Revaluation reserve |
- | |
| Profit and loss account 12 |
5,493 | |
| Shareholders' funds | 5,493 | |
For the year ending 31st March 2023 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 2023
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
| 2023 | 2023 | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|---|
| 2 INCOME FROM DONATIONS & LEGACIES |
£ | £ | ||||||
| Donations & legacies | 18810 | 18810 | ||||||
| 3 GRANT |
||||||||
| Small Business Relief Grant | 12000 | 12000 | ||||||
| CJRS Covid Relief Grant | 3628 | 3628 | ||||||
| Awards for All Accrued Income | - | 0 | ||||||
| 15628 | 15628 | |||||||
| 4 INCOME FROM CHARITABLE ACTVITIES |
||||||||
| Grant - Hampers of Hope/ Foodbank | 80 | 80 | ||||||
| 5 INVESTMENT INCOME |
||||||||
| Interest receivable | 0 | 0 | ||||||
| 6 EXPENDITURE |
2022 | 2022 | ||||||
| Charitable Activities | £ | £ | ||||||
| Direct cost of activities | 43750 | 43750 | ||||||
| Premises costs | 231 | 231 | ||||||
| Independent Examiner's fee | - | 0 | ||||||
| 43981 | 43981 | |||||||
| 7 STAFF COSTS, TRUSTEES REMUNERATION AND 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£482was paid during the year (PYR £915) | ||||||||
| Employees | 2023 2022 |
|||||||
| Number | Number | |||||||
| 1 2 |
||||||||
| Employment costs: | ||||||||
| Wages and salaries | 15,166 | 16937 | ||||||
| Social security costs | 0 | 0 | ||||||
| Pensions costs | 324 1150 |
|||||||
| 15,490 18086 |
| Employees | 2023 | 2022 |
|
|---|---|---|---|
| Number | Number |
||
| The average monthly number of employees during the year was: |
1 | 2 |
|
| Employment costs: | |||
| Wages and salaries | 15,166 | 16937 |
|
| Social security costs | 0 | 0 |
|
| Pensions costs | 324 | 1150 |
|
| 15,490 | 18086 |
There are no employees whose annual emoluments were £60,000 or more
Page 10 of 12
| Unrestricted | Restricted Total |
|
|---|---|---|
| Unrestricted | Restricted Total |
|
| 8 TANGIBLE FIXED ASSETS |
Funds | Funds |
| Cost | ||
| At 31 March 2022 | 11,700 - |
- 11,700 |
| Additions | 346 - |
- 346 |
| Disposals | - - |
- - |
| As at 31 March 2023 | 12,046 - |
- 12,046 |
| Depreciation | ||
At 31 March 2021 |
- - |
- - |
| Charge for the period | 4,818 - |
- 4,818 |
| Disposals | - - |
- - |
| As at 31 March 2022 | 4,818 - |
- 4,818 |
| Net book value | ||
| At 31 March 2022 | 11,700 - |
- 11,700 |
| At 31 March 2023 | 7,228 - |
- 7,228 |
| 9 Debtors |
At 31 March At 31 March |
|
| 2023 2022 |
||
| £ £ |
||
| Trade debtors | - - |
|
| Prepayments and accrued income |
0 10,548 |
|
| Other debtors | - - |
|
| 0 10,548 |
||
| 2021 2020 £ £ - - - - - - (5,209) (6,383) - - - - |
||
| Obligations under finance lease and hire purchase contracts | ||
| Trade creditors Taxation and social security costs Accrued expenses |
||
| (5,209) (6,383) |
||
| 11 Creditors: amounts falling due after one year |
- (513) |
|
Page 11 of 12
| 2023 | 2022 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | Analysis of net assets between funds |
Unrestricted | Restricted | Total | Total | |||||||
| Fixed Assets | 7,228 | - | 7,228 | 11,700 | ||||||||
| Net Current Assets |
-1,735 | - | - 1,735 |
11,529 | ||||||||
| Long term Liabilities |
0 | - | 0 | -5,486 | ||||||||
| - | 5,493 | 5,493 | 17,742 |
- 13 Restricted funds
No restricted funds were held by Charity at 31 March 2023
14 Commitments under operating leases At 31 March 2023 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