London Christian Fellowship Church
Charity No. 1153701
Trustees' Report and Unaudited Accounts
31 December 2024
London Christian Fellowship Church Contents
| Pages | |
|---|---|
| Trustees' Annual Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 to 7 |
| Notes to the Accounts | 8 to 12 |
| Detailed Statement of Financial Activities | 13 to 14 |
Page 1
London Christian Fellowship Church Trustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1153701
Principal Office
180 Ardleigh Basildon Essex SS16 5RL
Trustees
The following trustees served during the year:
R. Chekem J.C. Jacob G.K. Kadabur J.J. Lewis R.S.P. Samsonraj K. Thomas
==> picture [298 x 102] intentionally omitted <==
Accountants
MW Accounting Services Ltd South House 4 Bond Avenue Mount Farm Milton Keynes MK1 1SW
Bankers
Lloyds Bank 10-20 Town Square Basildon SS14 1DU
OBJECTIVES AND ACTIVITIES
LCFC is a Christian charity & its commitment to meet the spiritual needs of its beneficiaries and society as a whole. One of the main objectives of LCFC is to help people become disciples of Jesus Christ. As such, we emphasise the regular study of God’s word, the Bible and live personal lives in light of the life of Jesus Christ.
ACHIEVEMENTS AND PERFORMANCE
Page 2
London Christian Fellowship Church Trustees Annual Report
LCFC has regular church meetings every Sunday in Enfield and various other meetings as summarised below. As a Church, following in the principles taught by our Lord Jesus and His apostles, we trust only in God for all our financial needs and therefore we do not ask or compel anyone to tithe (i.e. compulsorily give 10% of their income), on the contrary, we believe tithing is an old covenant requirement. Instead, we point to what our Lord Jesus encouraged us to do i.e. cheerfully give according to one’s ability and means. Any offering received must also be anonymous. Further, following the practice of early church, we identify those in our midst who require financial and other practical help and cater in the best way possible for meeting their need(s).
- Sunday Church Meetings/Services: LCFC conducted regular church meetings/services on all Sundays of the year for the benefit of its members and non-member visitors (including vulnerable adults) free of cost. 2. Sunday School Meetings: Since nearly half of the members are children, LCFC conducts regular Sunday Schools with specialised curriculum to address the needs of children. Classes are held for nursery, primary, junior, seniors and teenage children.
At the end of the year (December), the church organised a Sunday School children’s programme for all age groups to encourage children to participate in skits and drama performances portraying Biblical characters and other missionaries of the past.
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Weekly Bible Study: To provide a strong foundation on Biblical values, LCFC conducts a weekly online bible study on Fridays exclusively for its members. On the third Friday of the month this is held in person at 3 venues namely Waddesdon, Billericay & Chertsey.
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Men’s/Women's Meeting: Once a month LCFC facilitates a men's/women's meetings to address their specific needs.
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Bible-study Conferences: Periodically, LCFC organises conferences with external speakers. In 2024, LCFC invited Mr. Victor Ramanathan (CFC Madurai/India) to speak at a spiritual growth and development conference held for its church members.
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Online outreach: LCFC broadcasts Sunday meetings/services over Zoom and YouTube to a wider audience who cannot physically attend our meetings. Investments were made in equipment to support this.
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Informal fellowship: LCFC values informal fellowship; both between members within the Church and as a church collectively.
FINANCIAL REVIEW
Total receipts were £63,077.96. The charity has great liquidity as a result allowing it to work towards its near term objectives.
The charity will look to maintain a healthy balance of reserves to ensure the charity can continue to operate for the long-term.
There are no uncertainties as to the charities ability to continue as a going concern.
The total reserves held at the end of the reporting period was £104,362.82
The reserves as at the reporting date were all unrestricted funds.
The current level of reserves are more than adequate to ensure compliance with the charities reserves policy.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The governing document of the charity is via a trust deed.
Page 3
London Christian Fellowship Church Trustees Annual Report
The elders carefully identify those who are committed to the values of LCFC and live an upright, Godly life. Their names are then proposed to the LCFC board and if the board reaches consensus, a new trustee is appointed subject to their willingness to take on the role.
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
That the trustees are responsible for the maintenance and integrity of information included on the company's website.
Signed on behalf of the charity's trustees
G.K. Kadabur Trustee 29 September 2025
Page 4
London Christian Fellowship Church Independent Examiners Report
Independent Examiner's Report to the trustees of London Christian Fellowship Church
I report to the trustees on my examination of the financial statements of London Christian Fellowship Church for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements 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 Act.
Independent examiner's statement
I have completed my examination. I can 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:
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the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Adam Sibley ACCA MW Accounting Services Ltd South House 4 Bond Avenue Mount Farm Milton Keynes MK1 1SW 29 September 2025
Page 5
London Christian Fellowship Church Statement of Financial Activities
for the year ended 31 December 2024
| Notes Income and endowments from: Donations and legacies 3 Total Expenditure on: Raising funds 4 Charitable activities 5 Other 6 Total Net gains on investments Net (expenditure)/income 7 Transfers between funds Net (expenditure)/income before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds |
Restricted funds |
Total funds | Total funds | |
|---|---|---|---|---|---|
| 2024 | 2024 | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| 57,838 | 5,240 | 63,078 | 52,444 | ||
| 57,838 | 5,240 | 63,078 | 52,444 | ||
| 6,947 | 13,936 | 20,883 | 5,334 | ||
| 30,956 | - | 30,956 | 28,775 | ||
| 11,986 | - | 11,986 | 9,162 | ||
| 49,889 | 13,936 | 63,825 | 43,271 | ||
| - | - | - | - | ||
| 7,949 | (8,696) | (747) | 9,173 | ||
| - | - | - | - | ||
| 7,949 | (8,696) | (747) | 9,173 | ||
| 7,949 | (8,696) | (747) | 9,173 | ||
| 88,734 | 4,999 | 93,733 | 84,560 | ||
| 96,683 | (3,697) | 92,986 | 93,733 | ||
Page 6
London Christian Fellowship Church Balance Sheet
at 31 December 2024
| at 31 December 2024 | |||
|---|---|---|---|
| Charity No. 1153701 | 2024 | 2023 | |
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 9 | 1,390 | 2,115 |
| 1,390 | 2,115 | ||
| Current assets | |||
| Cash at bank and in hand | 92,076 | 92,098 | |
| 92,076 | 92,098 | ||
| Creditors:Amount falling due within one year | 10 | (480) | (480) |
| Net current assets | 91,596 | 91,618 | |
| Total assets less current liabilities | 92,986 | 93,733 | |
| Net assets excluding pension asset or liability | 92,986 | 93,733 | |
| Total net assets | 92,986 | 93,733 | |
| The funds of the charity | |||
| Restricted funds | 11 | ||
| Restricted income funds | (3,697) | 4,999 | |
| (3,697) | 4,999 | ||
| Unrestricted funds | 11 | ||
| General funds | 96,683 | 88,734 | |
| 96,683 | 88,734 | ||
| Reserves | 11 | ||
| Total funds | 92,986 | 93,733 |
Approved by the trustees on 29 September 2025
And signed on their behalf by:
Ge G.K. Kadabur Trustee 29 September 2025
Page 7
London Christian Fellowship Church Notes to the Accounts
for the year ended 31 December 2024
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
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Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
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Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
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Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
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Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
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Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
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Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
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Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 8
London Christian Fellowship Church Notes to the Accounts
Expenditure
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Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
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Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
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Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
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Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
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Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from tax on its charitable activities.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 9
London Christian Fellowship Church Notes to the Accounts
2 Statement of Financial Activities - prior year
| 2 Statement of Financial Activities - prior year |
||||
|---|---|---|---|---|
| Income and endowments from: Donations and legacies Total Expenditure on: Raising funds Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 3 Income from donations and legacies Donations - CFC India Donations - Other Donations - LCFC Church Venue Rent 4 Expenditure on raising funds Costs of generating voluntary income Donations - CFC India |
Unrestricted £ - - 29,222 28,616 57,838 Unrestricted £ 6,947 6,947 |
Unrestricted funds 2023 £ 42,111 42,111 - 28,775 9,162 37,937 4,174 4,174 4,174 84,560 88,734 Restricted £ 5,140 100 - - 5,240 Restricted £ 13,936 13,936 |
Restricted funds 2023 £ 10,333 10,333 5,334 - - 5,334 4,999 4,999 4,999 - 4,999 Total 2024 £ 5,140 100 29,222 28,616 63,078 Total 2024 £ 20,883 20,883 |
Total funds 2023 £ 52,444 |
| 52,444 5,334 28,775 9,162 |
||||
| 43,271 | ||||
| 9,173 | ||||
| 9,173 | ||||
| 9,173 84,560 |
||||
| 93,733 | ||||
| Total 2023 £ 8,583 1,750 13,942 28,169 |
||||
| 52,444 | ||||
| Total 2023 £ 5,334 |
||||
| 5,334 |
Page 10
London Christian Fellowship Church Notes to the Accounts
5 Expenditure on charitable activities
| Expenditure on charitable activities Governance costs 6 Other expenditure Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 7 Net (expenditure)/income before transfers This is stated after charging: Depreciation of owned fixed assets 8 Staff costs No employee received emoluments in excess of £60,000. 9 Tangible fixed assets Cost or revaluation At 1 January 2024 At 31 December 2024 Depreciation and impairment At 1 January 2024 Depreciation charge for the year At 31 December 2024 Net book values At 31 December 2024 At 31 December 2023 |
Unrestricted £ 30,956 30,956 Unrestricted £ 725 10,781 480 11,986 2024 £ 725 |
Total 2024 £ 30,956 30,956 Total 2024 £ 725 10,781 480 11,986 £ 2,900 2,900 785 725 1,510 1,390 2,115 |
Total 2023 £ 28,775 |
|---|---|---|---|
| 28,775 | |||
| Total 2023 £ 725 7,957 480 |
|||
| 9,162 | |||
| 2023 £ 725 £ 2,900 |
|||
| 2,900 | |||
| 785 725 |
|||
| 1,510 | |||
| 1,390 | |||
| 2,115 |
Page 11
London Christian Fellowship Church Notes to the Accounts
10 Creditors:
amounts falling due within one year
| Accruals 11 Movement in funds Restricted funds: Restricted income funds: Total Unrestricted funds: General funds Total funds 12 Analysis of net assets between funds Fixed assets Net current assets 13 Reconciliation of net debt Cash and cash equivalents Net debt |
2024 £ |
2023 £ |
||
|---|---|---|---|---|
| 480 | 480 | |||
| At 1 January 2024 4,999 4,999 88,734 93,733 |
480 Incoming resources (including other gains/losses ) £ 5,240 5,240 57,838 63,078 At 1 January 2024 £ |
Resources expended £ (13,936) (13,936) (49,889) (63,825) Unrestricted funds £ 1,390 91,596 92,986 Cash flows £ |
480 | |
| At 31 December 2024 £ (3,697) |
||||
| (3,697) | ||||
| 96,683 | ||||
| 92,986 | ||||
| Total £ 1,390 91,596 |
||||
| 92,986 | ||||
| At 31 December 2024 £ |
||||
| 92,098 | (22) | 92,076 | ||
| 92,098 92,098 |
(22) (22) |
92,076 | ||
| 92,076 | ||||
Page 12
London Christian Fellowship Church Detailed Statement of Financial Activities
for the year ended 31 December 2024
| Income and endowments from: Donations and legacies Donations - CFC India Donations - Other Donations - LCFC Church Venue Rent Total income and endowments Expenditure on: Costs of generating donations and legacies Donations - CFC India Total of expenditure on raising funds Charitable activities Total of expenditure on charitable activities General administrative costs, including depreciation and amortisation Depreciation of Bank charges General insurances Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Total of expenditure of other costs Total expenditure Net gains on investments |
Unrestricte d funds 2024 £ - - 29,222 28,616 57,838 57,838 6,947 6,947 6,947 30,956 30,956 30,956 725 108 300 126 7 1,800 8,440 - 11,506 480 480 11,986 49,889 - |
Restricted funds 2024 £ 5,140 100 - - 5,240 5,240 13,936 13,936 13,936 - - - - - - - - - - - - - - - 13,936 - |
Total funds 2024 £ 5,140 100 29,222 28,616 63,078 63,078 20,883 20,883 20,883 30,956 30,956 30,956 725 108 300 126 7 1,800 8,440 - 11,506 480 480 11,986 63,825 - |
Total funds 2023 £ 8,583 1,750 13,942 28,169 |
|---|---|---|---|---|
| 52,444 | ||||
| 52,444 5,334 |
||||
| 5,334 | ||||
| 5,334 28,775 |
||||
| 28,775 | ||||
| 28,775 725 48 288 205 7 1,326 5,859 224 |
||||
| 8,682 | ||||
| 480 | ||||
| 480 | ||||
| 9,162 | ||||
| 43,271 - |
Page 13
London Christian Fellowship Church Detailed Statement of Financial Activities
| Net (expenditure)/income Net (expenditure)/income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
7,949 7,949 - 7,949 88,734 96,683 |
(8,696) (8,696) - (8,696) 4,999 (3,697) |
(747) (747) - (747) 93,733 92,986 |
9,173 |
|---|---|---|---|---|
| 9,173 - |
||||
| 9,173 | ||||
| 84,560 | ||||
| 93,733 |
Page 14