COMPANY REGISTRATION NUMBER: 08063260 CHARrrY REGISTRATION NUMBER: 1147718 Living Faith Church Company Limited by Guarantee Unaudited Financial Statements 31 May 2024 MArrocKS GRINDLEY Chartered Accountants 18 Mulberry Avenue Turnstone Business Park Widnes Cheshire WA8 OWN
Livlng Faith Church Company Limitod by Guarants• Financial Statemonts Yoar ended 31 May 2024 Pag? Trustees, annual report (incorporating the directo¢s report) Independent examinerfs report to the truslees Statement of financial activities (including income and expenditure account) Statement of financial posth'on Notes to the financial statsments The following pages do not fonn part of th• financial statsmonts Detailed statement of financial activities Notes to the detailed statement of financial actNitres 17
Llvlng Faith Church Company Limit•d by Guarants• TrUSts. Annual R•port (Incorporating the Dirnctorfs Report Year •nd•d 31 May 2024 The truslees, who are also the directors for the purposes of company law, present their report and the unaudited financial ststements of the chartty for the year &nded 31 May 2024. Refer•nee and admlnlstrativ• d•tails R•gist•r•d eh•rlty n*m• Living Faith Church Charty r•glstration numb•r 1147718 Company r•glstr•tloTr numb•r 08053260 Prlncipal offl¢• and r•gisl•r•d Living Faith Church 25 Church Street Orrell gan WN5 8TG Th• trust••s Mrs R Houghton Ms L Swadkn'ns Ms H Swadkins Mr l Aspinall Bishop S L Evans (Appointed 8 January 2024) Ind•p•ndent •xamlner Mr G Mattocks FCA 18 Mulberry Avenue Tumstone Business Park dngs Cheshire WA8 OWN Slruotur•, goveman¢t and manag•m•nt The main governing dc¢ument of the charity is the trust deed dated 1st May 2012. The trustees are appointed to control and manage the charity by the society of the Living Faith Church.
Living Faith Church Company Llmltod by Guaranteo Trusts•S' Annual Report (Incorporating tho Direetorfs R•port) (¢tInUed} Year onded 31 May 2024 Obj•¢tiv•s and aotlvttl•s The Charity's objectives are to advance the Chrisan faf(h in accordance with the ststement of beliets. The first objective of Living Faith Church involves preaching, teaching, and compassion ministrios induding promoting healing of various kinds into the church and community. The charity continues to run traditional Christian prayer and worship meetings on Sundays, and at varying times durirKJ the week through multiple hom8 groups. We also offer online services weekly and have established a Youtube Chanel, Facebook and Instagram accounts lo holp wrth these broadcasts. We conduct other Christian SeN1 such as baptisms, funerals. and marriages. We are also involved in seNing the wider community and offers various initiatives to that end, for example.. An after school club. Youth Meetings, Parents and Tcxydlers, Coffee Morning. Various Charity events, Food Bank, Arts and Crafts. In addition, the charity offets help and care in practical ways such as at litS providirsg tharitsble financk91 donations, fijmlture. fr, and other essential needs to vulnerable people throughout the community. During the 18St year Ouf weekly food panty has grown into an important resource for people within the local community. Further afield there are close links with other churches and ministries in the United Kingdom such as Church8s Together. The church has also developed active links with intemational ministers, churches. and missionary organisations. During the last yearwe also hosted and had significant dialoguewith an Important Muslim cleric from Algeria. Imam YOuf leads a Peace inibalNe which is recconised by the UN and Bishop Steven enrJ)uraged him to contsnue his work for tolerance and peace in the wodd. The Lead Pastor, Bishop Or. Steven Evans, continues as the presiding bishop of The International Charismatic Church Neork {TICCNI. He oversees the training of ministers, ordinations, church policies, appointments, and over the years has been the guest speaker at dozens of intem8tional conferences. Lost year again we hosted a TICCN Conferen the culminab'on of the week saw a visit to the chaFel that hosted the Welsh Revival of 1904. He is also the Dlrector of New Life Blble College Europe. How our *etlvltl•s d•llv•r publle b•n•fft The charity has continued to benefit from the work of AssocÉate Pastor Mikah Evans who is the Manager of the Connect Center whtch is the CommLsnity building owned by the church. She has brought rnore people from the Community into the Center and has been promoting the group and the varying opportunities that our facility has. The trustees have been deligmed in her diligent work and enthusiasm for people and her awareness of the importance that a well run Center ran make for the community. In particular she has welcomed volunteers from a diverse cross-section of our community and netsyorked with an array of funders to ensure that we not only grow but thrive in these difficult times. We continue to have a Cafe ft)r the local community on the first Sunday ofevery month. We are aware of great needs within the mmunity and it was felt that this would allthv us to better c4)mmunicate with people who otherwise wouldn't att8nd church. This buffet style service is aimed al the local community and has made a great impact into several peoples lives. In addition, our recently increased number of skilled volunteers albws us lo now operate a Cafe for community use during the week on Thursdays which also has the Food Bank open at the same time. We also run various vduntary groups that diredly benefit the wider comrnunty. for example: An after school club. Parents and Toddlers. Coffee Morning, Various Charity event5, Concerts, Food Bank, Arts and Crafts and Counsglllng services. In addibon to the above, the charity offers help and care in practical ways such as at times providing chaT1t8b financial donations, fumiture, food, and olher essential needs lo vulnerable ppIe throughout the community.
Living Falth Church Company Limited by Guarantse Trustees, Annual Report {Ineorporating the Dire¢torfs Report) (conUnu•d) Year ended 31 May 2024 Aehhv•m•nts and perforniano• The charity has continued lo be a hub for the local community, distributing fcx)d and practical supplies and being open for peoplg wh8n times gol really tough and they had nowhere else to turn. The previous highlighted examples continue to show how important this work is, for example the old lady who was only eating toast fDr a week, as she had been unable to leave home. Once we found out we sel about making soups and providing her with sevgral healthy meals and someone to talk with. She felt she was a nuisance to everyone but she was told by the church that she is a blessing. Mik8h was able to arrange for soup to be made from vegetable donations that were given lo the church. Bishop Steven has ¢ontinued to support many ministers within TICCN (The Inlemational Christian Church Netsvorkl and beyond. This year he hosted the intemational conf8rence, the keynote speaker was Bishop Michale Fleming and ministers and volunteers spent 4 days of fellowship and discussing the work of TICCN. Alongside preaching on Sundays and Wednesdays he has continued to prtsyuce several pamphlets and books. He is also singing and rgcording vaiious songs that wll used to reach people with a m8ssage of hope and love. Associate Pastor Ruth Horton is an award winning kcal schoolteacher and has a passion for twple and a tremendous ability to teach. She has continued to bring enthusiasm and a seTiOUS SPiritU8 comrnitsnenl into the new role and the trustees are delighted with her work. Finan¢l•l r•vi•w The financial results for the period under review show an overall SUTplus of £17.867, which has been in linewith TrL¢Stees' expectstions. The Trustees fe&1 that, gNen the same economic conditions, the Church should again show a small surplus at the conclusion of the next financial peri¢JY. Plans for futur• p•riods We plan to continue to ach our community as we have been doing and to also facilitate an expanding range of servKes. Our online web actThiiti8s are growing and we hope lo continue to develop these to improve our connections with people on a l¢knl and intem8tional level. Small ¢omp•ny provisions This report has been prepared in accordanc* with the provisions applrcable to companies entiued to the small ojmpanies exemption. 18 /I'/zpLS The tnjstaes, annual report was approved on .. . ... ... ...... .......... and Sign on behaw of the 8rd of trustses by.. Bis170p S L Evans Tiuslee
Living Faith Church Company Limit•d by Guarantee Indep•ndent Examina¢s Report to the Trustees of Llvlng Faith Church Year ended 31 May 2024 I report to tha trustees on my examination of the financial statements of Living Faith Church Ilhe chariv) for the year ended 31 May 2024. R•sponslblllll•s and $1S of r•port As the trustees of the company land also its directors for thè purposes of company lawl you are responsible for the preparation of the financial stalemgnts in accordance WFth the requirements of Ihe Companies Act 2006 {'the 20Ci8 Acti. Having satisfied myself that the accounts of the company are not required lo be audited under Part 16 of the 2006 Act and are eliglble for independent examination, I report in respect of my examination of tho charty's accoijnts as carried out Lbnder section 145 of the Charities Act 2011 Ilhe 2011 Act,). In carrying out rny examination I have followed the Directions given by the Charity Commisslon under section 14515}Ib) of the 2011 Act Ind•p•nd•nt •xamin•Vs slat•m•nt I have completed my examination. I confim that no matters have to my attentlon in connection with the examination giving me cause to believe.. acUl?ng records were not kept in respect of the charity as requir&Y by seclion 386 of the 20C6 ACL or the financial ststements do nol accord with those records" or the flnanclal statements do nol comply with the accounting requirements of section 396 of the 20C6 Acl other than any requirement that the accounts give a 'tru8 and faiff which is not a matter considered as part of an independent gxamination,. or the financial statements have not b88n prepared in accordance with the methods and principles of the Statement of Recomrrended Practic* for accounting and reporting by charities applicable to charities preparing their aLtounts in accoTdance with the Financial Reporting Standard applicable in the UK and Republ of Ireland {FRS 102}. I have no concerr¢s and have come across no other matters in o)nneclion with the examination to which atten should be drawn in this report in order to enab a proper understanding of the accounts lo be reached. Mr G Mattocks FCA Indendent Examiner 18 Mulbery Avenue Turnstone Business Park Wldnes Cheshire WA80 iJ/2i2C
Living Faith Church Company Llmitod by Guarantse Stat•m•nt of Financial Aclivitios (includlng income and expenditure account) Y•ar ended 31 May 2024 2024 Restricted fvnds Total funds Total fvnds 2023 Unrestricted fvnds Incom• and •ndowrn•nts Donations and legacies Tol•l in¢om• 84,049 16,797 100.846 59,950 84,049 16,797 100,846 59,950 Expenditur• Expenditure on charitable activities Total •xp•ndl¢ur• 66,182 66.182 16.797 82.979 57,329 57.329 16,797 82,979 N•t Ineom• and net mov•m•nt In fvnd$ 17.867 17,867 2.621 R•Mnclllallon of funds Total fvnds brought fOard Total funds earrwd forward 223,639 241,506 223,639 241,606 221,018 223,639 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing actÉvities. Th• n¢t•6 on 9•5 7 to 14 forni part of th•se Ilnan¢lal staternen
Living Faith Church Company Limit•d by Guarantee Statemont 01 Financial Position 31 May 2024 2024 2023 Flx•d ass•ts Tangible fixed assets 12 188,370 188,818 Cuvr•nt ass•ts Debtors Cash al bank and In hand 13 9,602 46.265 4,977 32,258 66,767 37,235 Cr•dltors: amounts falllnq du• within oh• yr Not ourr•nt ass•ts 14 2,631 2,414 63,136 241,606 241,608 34.821 Total ass•ts l•ss ¢ufTent Ilabllhl•s 223.639 N•t ass•ts 223.639 Funds of t ¢harlty Unrestricted funds 241,608 241,506 223,639 223,639 Tol#l eharlty luftds 17 For the year ending 31 May 2024 the charity was entitled to exemptlon from audtt under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company lo obtain an audlt of financial statements for the year in question in accordan with section 476.. The directors acknowledge their responsibilities forcomptying with the requlrements ofthe Act wtth respect to accounting records and the preparation of financial statements. These financial statements have ten prepared in accordance with the provisions applicab to ompan8 subject to the small companies. regim8. These financial statements were approved by the board of trustees and authIsed for issue on ..13./£7.oaLS and are signed on behalf of the b08rd by: Bishop S L Evans Tnjstee Th n•te¥ t)n pages 7 to 14 fmn part of th•s• fIn¢la1 ststem•nts.
Living Faith Church Company Limlt•d by Guarant•0 Notes to th• Flnancial Statements Year •nd•d 31 May 2024 G•n•ral Inlormatlon The charity is a public nefft entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Living Faith Church, 25 Church Street. Orrell, Wgan, VVN5 8TG. 8tat•ment ol ¢gmpllanc• These finar181 statements have been prepared in compliance with FRS 102, The Financial Repoiting Standard applicable in the UK and the Republ of Ireland,. the Stslemenl of Recommended Practi¢% applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Companies Act 2006. AOUntIng polici•s Basls ol Pr0ratIon The financial statements have been prepared on the historical cost basis, as mcrfJifi8d by the revaluation of rtain financial assets and liabilities and investment properties measured al fair value through incorrE or expendibjre. The financial statements are prepared in sterling. which is the functional currency of the entity. Golng conc•rn There are no material uncertainties about the charFty's abilty to continue. Judg•m•nt5 and k•y sour¢•s of •stlmatlon uno•rtalThty The preparation of the financial statements requires management lo make judgements, estimates and assumptions that affect the amounts reported. These estimat8s and judgements are continualty revrewed and are based on experiencg and other factors, inctuding exctatIOnS of future events that are believed to be reasonab under the circumstances. Fund a¢Muntlng Unrestrlcted ndS are avaiL9ble for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds eannarked by the tnJ$lees for PartUlar future project or commitment. Restricted fvnds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of tsvo Suasses.. restricled income funds or endowment fvnds.
Living Faith Church Company Limited by Guaranto0 Not•s to the Financlal Stat•m•nts I¢<¥d} Yoar gndgd 31 May 2024 Accounting polrcitis (conllnu Inwnlng r•sour¢•s l incoming resources are induded in the statement of financial activities when entitlement has passed to the charty: it is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following speciffc Folicies are applied to particutar categories of incom&'. incorne from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entiuement És estsblished. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliabty, In which case the value is derived from tho cost to the donor or the estimated rgsafe value. Donated facilities and services are recognised in the accounts when received rf the value ba reliab m8asured. No amoursts are included for the contribution of general volunteers. income from contracts for the supply of seNices is recognised with the dglivery of the contracted service. This is classified as unrestricted funds unless there is a conlraclual requirement for il to be spent on a particular purpose and retumed if unspenL in which case il may be regarded as restricted. R•sour¢•s ¢xpended Expenditure is reccyJnised on an accruals basis as a liability is incurred. Expenditure inGludes any VAT which cannot be fulty recover&J. and is classified under headings of the 5tatsm8nt of financial activities to which it relates". 8XP8nditure on raising fijnds includes the costs of all fvrKlraising actNilies, events, non- charitable trading activities. and the sale of donated gCs. eXndItUre on tharitable activities includos all costs incurred by 8 charity in undertaking activitS that fvrther its charilable aims for the benefit of its benefiuaries, including those support costs and costs relating to the governance of the charity apportioned to charitable aclivilies. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its eXnditre on charitable activities. Al costs are allocated to expenditure tegOrieS reflecting the use of the resource. Direct costs attribulable to a single actNity are allocated direclty to that actwity. Shared costs are apportioned befven the activities they contribute to on a reasonable. justifiable and consistent basis. Tanglbl• as$•ts All fixed assets are initialty recorded at cost.
Living Falth Church Company Limlted by Guarantso Not•s to th• Financial Statoments (eondnu Y•ar •nded 31 May 2024 AloUntIng polleles (¢onllnu•dJ Depr•¢latlon Depreciation is calculated so as to write off the cost orvaluation of an as$eL less its reshlual value, over the usefijl n0m life of that assot as follows: Equipment 25% redng balance Impairnwit olfix•d ass•ts A review for indicators of impalmt is carried out at each reporting date. with the recoverable amount being estimated where such indicators exist. ere the carrying value exceeds the recoverable amounc the asset is impaired accordingly. Pri)r impaimients are also revi9v1 for FX)ssible reversal at each reporting dale. For the purposes of impainr*nt testing, when it 1$ not Fossible to estimat8 the recoverable amount of an indwidual asset, an estlmate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest Identifiab group of assets that includes th8 asset and g&nerates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from tho acquisition date, allocated to each of the cash-9eneTating ut7its that are expgcled to benefft from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are asgigned lo those unlts. Governm•nt grants Govemmenl grants are recognised at the fraiT value ofthe asset r8ceived or 1vable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching lo them arsd the grants will be received. )ere the grant does not impose speclfied fvture perfomiance-related condibons on Ihe recipient. it is recognised in incomg when the grant proceeds are received or receivable. fvere the grant d¢xs impose specified future performance-related conditions on the recipient, it19 recognisod in income only when the performance-related condf(ions have l)een met. N)ere grants received are prior to satisfying thè revenue recognition criteria. they are recognised as a liability. Flnanelil Instrum•nts A financial asset or a financial liability is renised onty when the entity bewmes a paty lo the contractual provisions of the instrumenL Bastc financial inslnjments are inilialty recc¥Jnised at the amount receNabl6 or payable including any related Iransaclion costs, unless the arrangement constitutes a financing transaction, wh8re it is recognised at Ihe present value of the luture payments diSUted at a market rale of interest for a similar debt instrument.
Living Faith Church Company Limit•d by Guarant•• Notas to the Financial Slatsm•nts {¢onJnu•d) Y•ar ended 31 May 2024 A¢¢ounllng poll¢i•s (¢onllnu•dJ D•fin•d contrfbutl¢ plans Contributions to defined contribution plans are Tecognisgd as an exp&nse in the pericxl in which the related Serv is provided. Prepaid contributions are rewgnised a$ an asset to the extent that the prepayment will lead to a reduction in ftjture payments or a $h refund. hen contribLrtions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the relaled service, the liability 18 measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Limit•d by gu•rant•• The Company 1$ A Company limlled by guarantee having no shale capital. Donations and logaci•s Unreslricled Funds Restricted Total Funds Funds 2024 Donatlons Gifts & donations 84,049 84.049 Grants Lottery fund GoVernrnt grant IrMe other grant income 9,750 6,347 700 9,760 6,347 700 84.049 16,797 100,846 Unrestrict&J Funds Restricbj Total Funds Funds 2023 Donatlons Gifts & donations 59.827 59.827 Grnnts Lottery fund Government grant income other grant income 123 123 59,950 59,950 10
Llvlng Faith Church Company Limit by Guarantae Notss to th• Financial Statements f¢onthu Yr endod 31 Paay 2024 Exp•ndltur• on oharltsbl• oQtlvltl•s by fund type Unrestricted Funds Restricled Totsl Funds Fund$ 2024 Direct charitabl& activities Support costs 84,880 1,302 16,797 81.677 1,302 82,979 66.182 16,797 Unrestricled Funds Restrict&1 Total Funds Funds 2023 Direct charitable activities Support costs 56.189 1.140 56,189 1,140 57.329 57.329 Exp•nditure on Gharitable actlviti•s by actlvlty typ• Activities undertaken directly Support Totsl fund5 costs 2024 Total fund 2023 Direct charitable activities Governanc8 costs 81,677 81,677 1,302 82,979 ,189 1,140 1,302 81,677 1.302 57,329 N¢1 in¢om• Net income is stated after chargingl{creditingl.' 2024 2023 Depreciation of tangible assets 597 Ind•p•nd•nt •xaminatlon f••s 2024 2023 Fees payable to the independent examinei for.. 1Trdendent examination of the financial statements 780 10. Staff costs The average head count of employees during the year was 212023.. 1). The average number of fvll-lime equivalent employees during the year is analysed as follows.. 2024 2023 No. Number of staff 11
Living Faith Church Company Limitod by Guarant•0 Not•s to tho Finan¢ial Statom•nts (eontrftu•d) Year ended 31 May 2024 10. Staff costs (eonthJu•d) No employee receNed employee benefits of more than £60,000 during the year12023: Nil). 11. Trusts• r•muD•ration and •xpns•s One of the trustees has been paid remuneration from employment with the charity. 12. Tangibl• fw•d ass•ts Land and buildings Equipment Totsl Cost At 1 Jun• 2023 and 31 May 2024 D•pr•¢lation At 1 Jijne 2023 Charge for the year At 31 May 2024 Carrying amount At 31 May 2024 At 31 May 2023 187,026 12.992 200,018 11.200 448 11.200 11,648 187,026 188,370 188.818 187,026 1,792 13. O•bto 2024 2023 Other debtors 9,502 4,977 14. Cf•dltovs: amounts hlllng du• wlthln on• y•Ar 2024 2023 Accruals and deferred inc4Jme Social surity and other taxes 2,037 694 1,963 451 2,831 2,414 16. Penslons and oth•r post rntlr•m•nt b•n•fits D•fin•d ¢ontrfbulion pl4n5 The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £82612023.. £530). 12
Living Faith Church Company Limitod by Guarantae Notss to th• Financial Statsments (eoftJnu•dJ Yoar ond•d 31 May 2024 16. Gov•rnment grants The amcrfjnts re¢ognised in the flnancial statements for government grants are as follows: 2024 2023 Recconised In income from donations and legacies." Govemment grants income 8.347 123 17. Analysls of eharltable funds Unr¢strlthd funds At 1 June 2023 At Income Expendtture 31 May 2024 General funds 223,639 84.049 166.1821 241,606 At 1 Jun8 2022 At Income Expenditur& 31 May 2023 General funds 221,018 59,950 157.329) 223,839 R•strict•d funds At 1 June 2023 At Incom8 Eyndilure 31 May 2024 Buildir7g Fund 16,797 <16,7971 At 1 June 2022 Income Expenditure 31 May 2023 Building Fund During the year, LNing Faith Church received grants from the following fijndets, in fLFrtherance of il's charitable actNities'. National Lottery Awards for All Wgan Borough Council- Brighter Borough Fund Wlgan Borough Council - Household Support Fund gan Borough Council - Community Fund Forever Manchester Feeding Britain 13
Living Faith Church Company Limit•d by Guaranteg Notes to th• Flnancial Statemgnts f¢oRthu•dJ Y•ar •ndod 31 May 2024 18. Analysis of not •ss•ts b•twMn lunds Unrestricted Total Funts Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year 188.370 55,767 12.631) 241,506 188,370 66.767 (2.6311 241,606 N•t ass•ts Unrestrict1 Total Funds Funds 2()23 Tangible fixed assets Current assets Creditors less than 1 year N•t ass•ts 188,818 37.235 12.4141 223,639 188,818 37,235 12,414} 223,639 19. Flnanolal Instfum•nts The company currentty holds no financial instfuments. 20. R•lat•d parU•s Includ in the wages and salaries in the financial stateffEnts Is the anUnt of £25,502 which is the salary of one of the trustees. paid in his role as pastor. 14
Living Falth Church Company Llmit8d by Guarante• Manag•m•nt Infonnation Year ended 31 May 2024 Th• following pag•s do not forni part of th• flninolal stat•m•nt 16
Living Faith Church Company Llmit•d by Guaranto0 D•tallod Statement of Financial Aetivitias Year ended 31 May 2024 2024 2023 In¢om• and •ndowm•nts Donations and legaci•s Gifts & donations Lottery fijnd Govemment grant income Other grant inco 59,827 9,760 6,347 700 123 100.846 59,950 Totsl Incom• 100,846 59,950 Exp¢ndltuv• Expendltsre on ¢hartt•bh a¢tJvltles Purchases Wages and salaries Pension costs Rates and water Light and heat Repairs and maintenance Insurance Other motorltravel costs Legal and professional fees Other office costs Depreciation other business cx)sts Gifts Resources 13,399 39,602 826 4,829 4h76 1,071 668 1447 1.302 273 448 3,392 726 1.181 2,716 3,875 38 12 3.292 23,565 530 4,542 7.087 324 679 2,142 4,390 324 597 5,390 675 1,492 2,300 Missions Advertising and promotion Courses 82,979 57,329 Total exp¢ndrture 82,979 57,329 N•t In¢om• 17,887 2,621 16
Living Faith Church Company Llmited by Guarant•e Notss to tho Detailed Statament of Financial Activiti•s Year ended 31 May 2024 2024 2023 Exp•nditur• on ¢haritabl• a¢tlvttl•s Dir•¢t ¢harltable activiti•s Activities undertakon dirg¢Jy Purchases Wag8s and salari8S Pension costs Rates and water Light and heat Repairs and maintenanca Insur8nce Other motorltravel costs Legal and professw)nal fees Other office costs Depreciation Other business costs Grfis Resource5 Food Missions Advertising and promotlon Cours&s 13,399 39,502 826 4829 4,476 1,071 3,292 23,565 530 4,542 7,087 324 679 2,142 3,250 324 597 5.390 675 4N47 273 448 3.392 720 1,181 2.716 3.676 38 12 1,492 2,300 81,677 56.189 Gov•rnan¢• ¢osts Govemance costs- accountancy fees 1,302 1.140 Expèndfture on charltabl• a¢tlvlt1•5 82,979 57,329 17