## Leeds Brethren in Christ Church
Report and Accounts Year ended 31 October 2023
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **Leeds Brethren in Christ Church**
## **LEGAL & ADMINISTRATIVE DETAILS**
## **FOR THE YEAR ENDED 31 OCTOBER 2023**
ADDRESS FOR CORRESPONDENCE 4 Bawn Drive Leeds LS12 5QN GOVERNING DOCUMENT Declaration of Trust dated 12 February 2012 amended 7 May 2022 CHARITY REGISTRATION NUMBER 1149124 TRUSTEES RESPONSIBLE FOR Simayedwa Davidson-Page MANAGING THE CHARITY Cassandra Masuku Sehliselo Msipha Samuel Mnyama Nkosana Mlilo Sithandile Naledi Ncube Douglas Ncube Timothy Masuku Bongeka Dube INDEPENDENT EXAMINER Sarah Crispin ACA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
## **INDEX**
Page 1 Legal & Administrative Details Pages 2-3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Page 7 Notes to the Accounts
Page 1
## **Leeds Brethren in Christ Church**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 OCTOBER 2023**
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 October 2023.
## **Objects of the charity**
The charity, which is a church, is governed by a constitution and is constituted as a trust. The charity's principal objects, as set out in its governing document, are:
a) to advance the Christian faith in accordance with the Statement of Beliefs;
b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support;
c) to advance education;
d) to partner in community events and offer relief to the best of the Church’s ability and use these as opportunities to minister.
## **Summary of the charity's main activities and achievements**
To further the above objects and vision, the charity's main activities and achievements were as follows:
1. Continued to hold regular normal church services,
2. Held special revival, holy communion and baptism services,
3. The church also held special services for the community,
4. The church also held joint services with other Christian groups in aid of the community,
5. Continued to provide support, food parcels for the community and the elderly and community involved meal,
6. Continued to provide money to assist those in financial hardship.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
## **Financial review**
During the year income decreased by £10,355 compared to the previous year, to £35,951 due to significant gift aid claims receipts in the previous year. Gift aid for the financial years 21/22 and 22/23 is yet to be claimed. Expenditure increased by £7,345 to £22,821. The cash held by the charity increased by £13,130 to £128,546, of which £85,169 is unrestricted and can be used for any charitable purpose.
## **Reserves policy**
The trustees do not have a formal reserves policy, but they consider that the unrestricted cash levels of £70k are sufficient to ensure that the charity can continue to operate in the coming year.
## **Governance**
Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the charity. Responsibility for the day to day operation of the charity has been delegated to a senior management team led by the Chairperson of the trustees. New trustees are recruited and appointed by the charity members, the church, by a majority vote.
Page 2
## **Organisational structure**
**----- Start of picture text -----**
Pastoral
Team
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**----- Start of picture text -----**
Men's
Fellowship
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**----- Start of picture text -----**
Charity
Sub-Comm
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## **Relationships with other charities and related parties**
1. Occasional joint services with other branches of the BICC throughout the UK,
2. Occasional joint services with other churches within the Leeds,
3. Partnerships with other local charities and community groups.
## **Risk statement**
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
## **Responsibilities of trustees**
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
## **Approval**
This report was approved by the trustees and signed on their behalf by:
## Simayedwa Davidson-Page
___________________________ Simayedwa Davidson-Page
Date: 25 November 2024
Page 3
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **Leeds Brethren in Christ Church**
I report to the trustees on my examination of the accounts of Leeds Brethren in Christ Church ('the charity') for the year ended 31 October 2023 on pages 5 to 7 following.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in accordance with section 130 of the 2011 Act; or
2. the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Sarah Crispin
Sarah Crispin ACA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 27 November 2024
Page 4
## **Leeds Brethren in Christ Church**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **FOR THE YEAR ENDED 31 OCTOBER 2023**
|Notes
**_Income receipts_**
Donations
Gift aid receipts
Conference contributions
Interest
Other
**_Total receipts_**
**_Payments_**
2
**_Total payments_**
Transfers between funds
4
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
A
Net of receipts / (payments) before
Payments
in
relation
to
charitable
activities undertaken directly||General
Designated
Funds
Funds
£
£
30,085
-
-
-
2,425
-
642
-
693
-
33,846
-
22,821
-
22,821
-
11,025
-
-
-
11,025
-
74,143
-
85,169
-
Unrestricted Funds|Restricted
Funds
£
2,105
-
-
-
-
2,105
-
-
2,105
-
2,105
41,273
43,378|2023
£
32,190
-
2,425
642
693
35,951
22,821
22,821
13,130
-
13,130
115,416
128,546|2022
£|
|---|---|---|---|---|---|
|||General
Funds
£
30,085
-
2,425
642
693
33,846
22,821
22,821
11,025
-
11,025
74,143
85,169||||
||||||24,960
21,120
-
39
186
|
||||||46,305|
||||||15,476|
||||||15,476|
||||||30,830
-|
||||||30,830
84,586|
||||||115,416
|
The notes on page 7 form part of these accounts.
Page 5
## **Leeds Brethren in Christ Church**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **FOR THE YEAR ENDED 31 OCTOBER 2023**
|Notes
**A Cash funds**
Cash at bank with immediate access
Petty cash
**B Other monetary assets**
Gift aid due to charity
**C Liabilities**
**Falling due within one year**
Fee for Independent Examination
Accrued expenses|General
Designated
funds
funds
£
£
85,080
-
89
-
**85,169**
**-**
5,111
-
**5,111**
**-**
1,860
-
1,925
-
**3,785**
**-**
Unrestricted Funds|Restricted
funds
£
43,378
-
**43,378**
-
**-**
-
-
**-**|2023
£
128,458
89
**128,546**
5,111
**5,111**
1,860
1,925
**3,785**|2022
£|
|---|---|---|---|---|
|||||115,380
37|
|||||**115,416**|
|||||5,111|
|||||**5,111**|
|||||840
-|
|||||**840**|
## **D Assets retained for charity's own use**
The charity owns a number of items in the following categories, none of which individually have a material value:
Music and PA equipment Computers and IT
The accounts were approved by the trustees and signed on their behalf by:
## Simayedwa Davidson-Page
___________________________________Simayedwa Davidson-Page
Date: 25 November 2024 .
The notes on pages 7 form part of these accounts.
Page 6
## **Leeds Brethren in Christ Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 OCTOBER 2023**
## **1 Accounting policies**
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
|**2**
**Payments in relation to charitable activities undertaken directly**
Pastors' costs
Rent
Church events
Other ministry costs
Brethren in Christ Church contributions
Charity fund
IT costs
Insurance||Unrestrict|Designated
funds
£
-
-
-
-
-
-
-
-
-
ed Funds|Restricted
Funds
£
-
-
-
-
-
-
-
-
-|Total
2023
£
4,380
1,480
1,984
10,106
2,495
1,250
757
369
22,821|Total
2022
£|
|---|---|---|---|---|---|---|
|||General
funds
£
4,380
1,480
1,984
10,106
2,495
1,250
757
369
22,821|||||
|||||||3,460
2,030
1,467
3,160
1,870
693
2,471
325|
|||||||15,476|
## **3 Transactions with related parties**
Rev Douglas Ncube and Rev Timothy Masuku served as church leaders and were paid £2,640 (2022: £1,420) and £1,180 (2022: £560) respectively as a pastoral allowance for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document.
Nkosana Mlilo served as an evangelist and was paid £240 (2022: £560) and Samuel Mnyama served as a Deacon and was paid £320 (2022: £780) as a pastoral allowance for serving in these capacities, not for serving as trustees; these payments are permitted by the charity's governing document.
## **4 Movement of funds**
|General funds
Restricted funds
Building Fund
Total funds|Opening
balance
£
74,143
41,273
41,273
115,416|Receipts
£
33,846
2,105
2,105
35,951|Payments
£
(22,821)
-
-
(22,821)|Transfers
£
-
-
-
-|Closing
balance
£
85,169
43,378|
|---|---|---|---|---|---|
||||||43,378|
||||||128,546|
The restricted Building Fund is money raised for the future purchase of a building
Page 7