## **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
## **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).
1. 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.
3. 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.
4. Men’s/Women's Meeting: Once a month LCFC facilitates a men's/women's meetings to address their specific needs.
5. 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.
6. 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.
7. 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:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the financial statements do not accord with those records; or
- 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**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- 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.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- 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.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- 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.
- 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**
- 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.
- 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.
- 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.
- 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.
- 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