Company registration number: 08743494 Charity giStratiOn nun]ber.' 1169294 Leeds Alliance Church (A company limited by guardntee) Annual Report and Financial StstemeDts for the Year Ended 31 Deeember 2024
Leeds Alliance Church Contents Reference Imd Adtninlslrati'e Details Truslees. Reporl 2to7 tDdependent Examiner's Report Ststemenl of Financial Aclii'illes Balance Shed 10 Notes lo ibe Financial StatemeDIs
Leeds Alliance Church Reference and Adrninistrative Details Trustees Mr Siu Boon .Ma Mrs Zbu Tzi Jim Mg In Peng Lei Mr Wesley Wing Yau Wong Mr Siu BOOD .Ma Secretary Cbarit) Registration Number 1169294 Company Reglstratlon jumber 08743494 The charity is incorporated in England and Wales. 2A Blackman Lane Woodbouse Leeds West Yorksbire LS2 9ER Registered orfiee Independent ETrer Fox Jennings Cullen Tarn House 77 High Street YeadoD Leeds Wesi Yorkshire LS19 7SP Bankers Naiwest 19 The Grove Ilkiey West Yorksbire LS29 9TA Page I
Leeds Alliance Church Trustees, Report The trustees, wbo are directors for ibe piirwses of Co.panY la, preseDt ihe annual report logetber with ibe financial statements of ibe charitable company for ihe ye&r ended 31 December_ Trustee5 Mrs Zhu Tzi JIM Mrs In Peng LEI Mr Siu Boon .MA MT Wesley Wing Yau WONG SlThclure* governance and rnanAgement Leeds Alliance Church is a charilable company. The company was regislered on 22 October 2013 with Company Number 08743494. The charity was Tegisiered on 21 September 2016. Charily number 1169294. Memornjdum and articles were amended by special resolution registered at Companies House on 9 May 2016. Tbe company .S incorporAted on 22 October 2013 under the Companies Act 2006 as a company limited by guarantee. 81)d is therefore governed by a memo]Yndum and articles olassociation. On 21 September 2016 the charity became registered with the Cbxrity Conm]ission in England and Wales. All the direLiors of the company are also ITuslees of the charity. The tTUStees who served during the year under review and 10 dale are sei oul on page 3. Under Ihe articles ofassociaiion al ihe ACJM one Ihird ofihe direcioTS. who aTe subjecl 10 reiiremenl by Toiaiion. shall Tdire froTn olet. The trustee l)ody comprises praclising Chrislians from a wide breadih of church irndilion. The skill base of the lrnslee body is Yegularly reviewed. Where a need for additional skills is idenlified. recrnilmenl is undertaken on an infom)al basis via the c.hristian communily in Leeds. Pr05pectii'e Irusiees are inieTr'iewed ai a irusiees, meeling. An induclion pack is given io new truslees highlighting iheir Tesponsibililie5 for the organisation. Tb¢ ITusiees meet montbly to review ibe aclivilies of the organisalioD. All trustees give iheir time volunlarily. ObjectiYe5 and aclivitie5 Tbe objects ol the ebarity are the advancement of the Cbristian faith in Yorkshire and in otber parts of ibe w'orld as the tnEStees think fit For tbe public benefit in accordance wtth the doctrinal stalemeDI set out in Appendtx l ol the governing &)cumeni. The objects .%hall be put%ued in accordance wryth the Christian principles sd out in Ihe Siaiemeni of Faiih in the Schediile lo Ihe Articles. When reviewing Ihe aims and objecti.e5 of Ihe charily. and in planning future aLlivilies. the Iruslee.4 have complied wilh the dulv in section 17 of Ihe Charilies Aci 2011 lo have due regard lo public benefil guidance piibli5hed by Ihe Charily Commis510ll. Leeds Alliance Church is a Chinese Alliance Church in Leeds. we continued our work in serving ibe Chinese community in the area. leading them to CbrisL and building up disciples of Jesus il]rough w.0b]p. Bible study and courses. prayer meetings. lellowsbip& Sunday ScbooL ehildren ministries and progran)mes to serve the Page 2
Leeds Alliance Church Trustees, Report Achievements and performance Review (bf 2024 Church Ministries 2024 bas been a yvdr of expansion and gromth for our church. Our members hai'e become increasingly uniied and committed. aclively participaling in various minislries and ofTering ei"'en more beaiiliful worship lo God. We hai'e w'itnessed clear and significanl progress across many areas. including gospel outreach. spirilual 0h. baptisms. memberskn"p Iranslers. kind Ibe laking up of i'arious ministry roles. Moreo¥'er. Ihe IAorley chiirch plxnling ministry. which God has graciously prepared for u%. has represenled a gospel adi'ancemeni far beyond what we could ask or imagine. With hearts lull ol. exciiemeDI and unity. we are stepping forward together to embrace new challenges in the gospel baTr'est field. All of tbese dei'elopments have truly lesied and strengtbeDed our trusl and loyalty io G(Kl. Tbey bave also broadened ihe vision of FKTrth LAC congregalioDS and the Morley CODgregalioD. God is unveiling a new wave of His marvellous Kingdom wotk among cburcbes durAng this season of increased immigrhtion. Over the past year, we have lInessed life after life. familv 8fter f2mily, experiencing the Lord's faithful guidance and provision in theiF nem, beginnings. Their journeys hzve fosieTed grexter faith and COUTage to fxce 8 lulure filled w'ith opportunRties. Ei'en in the midst of trials. Ihey have pressed on witb steadfast hearts. We are deeply thxnkful lo God for bringing iogether people from diverse backgrounds and identilies into OUT church community. Through living life logelher. we are ltrarning 10 fulfil ChTisI'S mission and to puriue a deeper love for one another. May we conliniie lo ¥row in this multicultural church and socity. bearing much fruit, and allaining the full slalure ofchrisl ! 2024 LAC Church Mini51r)' Report: ?0?4 Church Theme: "E¥'ery Home Worships the LoTd Together, El'ery Community Connecled with Love.. Tbe focus is on encoiiraging ei'eT)' family and each of its members to pursue a deeper knowledge of tbe Lord and to learn lo worship and seTh'e Him togetber. Addilionallv, members are encouraged io strenbe conneclions wiihin their commiinities-nol only caring for one anoiher. bul also reaching oul to unbelieving neighbors-so ihai the lo%'e and grdce of ihe Lord may oN'eTflow' into ihe communily. Morlev Chiirch Planlalion= Beginning in January 2024. by God's grace and guidance. we started a new worship service al .Morley. F.very Saliirday 81 2..30 PM. we hold Canlonese worship services. children's Sunday School. and various small groups. with ihe long-tern) hope of serving ihe Morley communily and living oul the mission of Christ's love. LAC MAin Campus Ministries AI LAC. we continue lo hold two Sunday services-one Cantonese and one Mandarin. Witb increasing asloral needs, different lellowsbips and small groups have been launched at various limes. aiming lo gaiher more metnbers io grow togher and mulually encourage one another. Focus on Nexi Generation Worship Training: ID line our churLb theme, cultlV8ting tbe nexl generation to know God and participate in w'otship is a mxjor focus for 2024. We pray Ibat parents. ehildrn and the entire congregation w'ill experiellce the preciousness of united Worship in God's Family. le2diThg to renewal in w0h]p and greater Commitment to serving God together. Page 3
Leeds Alliance Church Trustees, Report Fellowship Growth and TeachtDg Resources: Our fellowships continue lo grow steadily. Based on differeDI pastoral Deeds and spirilual stage we provide various teaching resoLirces wiihiD fellowships and small groups. These include sernion reviewfi, life sharing. and practical giiidancc to hclp mcmbcrs irltcgralc thcir faith into cN'cryday lifc and aNld a separation bel'een belief and praclice. Community Outreach Seminars: Tbe cburch has organized seminars OD lopics such as family relalionships, malage communica1t0 and parenling. These help both chLirch members and community residents seek growth and iransforn]ation ID Ihe Lord. gradiially easing family lensions and facing life's challenges and pressures more elyeclively. Worship Mini%lry and Serving Opportunilies: We are thankful Ihdl Ihroug7houl Ihe year, new Members have regularly joined Ihe worship serving leams every Iwo monilLS. Members have served in various roles. enrichin¥ worship services and building deeper conneclions within the church communily. Everyone is encouraged to use their G(Kl-giN'en gifts io build up Ihe house ofihe Lord together. Baptism and Membersbip Classes: Starting mid-2024, w'e ottered baptism classes to belp candidates understand the ndaMental5 of laitb and tbe Tnezning of baptism, and their relationship w'ith the bodv of Clwisl. Simil#Tly. membership nSFer classes provided newcomers to LAC a deeper Undetandillg of the chureb, encournging greater conllnittnent aDd unity in God's family. UDiI'ersily StLidents Growih Camp (April): We held a growth camp for university studeDts the theme "Knowing and Belieng.. TbTough various Bible sludies. WOTkshops, and aciivilies. studenis explored Ihe journey from knoH,ledgFe io faith and leaTned lo recognize the fooiprinls of God's goodness in everyday life. 10. Visit by Chinese Alliance World Fellowship (May): In May. CA WF (Chinese Alliance World Fellowship) executive members i'isiied and preached. sharing ihe 'ision of ihe Alliance and the global mission need5. This helped Cbinese believers in Ihe UK betier nderslaDd God's work locally and globauy. I l. CbuTch Ouling (May): ID May. we held a chiirch outing to GoldeD Acre Park. Many families aclively participated. We thank God for ibe bfduliful weather and the time of eDcoufdgemenL as outdoor activities belped deepen fellowsbip among members. 12. Cbildren and Yoiitb Summer Activities: During tbe gummeT holidays, we partnered with the Morlry congreoation to hold children's and vouth Progrnms under the theme 'Spirilual Little Ivarriors.. Ditrerenl booths designed by mentors and vouih allowed families io experience various aspeths of spiritual life. followed by childTen's lessons and youth advenlure game¥. Simulianeously. paTenling workshops were held lo help improve family communication. We prdy that th mulii-dlmesi0nal aclivilies blessed entire families. 13. Joint Worship and Youth Fellow'ship Promolion (Seplember)- As school resumed, we held a combined w'orship service and Youth Fellowship promotion ceremony. We encouraged youth trdnsilioning inlo secondary school to join the studenl lellowship and iniroduced the student ministry durinb? worship. so tbai the wbole church could pray for and bless the long-lerm growth or our children and youth. 14. Cburch ADDtI'ersary (November): NoK'ember was our anrkii'ersary month. OD December l. we celebrated LAC'S 26tb Anniversary with a joini Tbanksgiving Worsbip Service at the Morley congregation. Rev. Sham was the guest speaker. Baptism and membership transfer ceremonies were aIso Conducted. Members seTved in unity. a1 God graciously blessed the event with warni weatber and a spirit of gratitude. Page 4
Leeds Alliance Church Trustees, Report 15. Christmas CommiiDity Gospel Carnival (December) ID December. we beld our second Chrislmas Comrnunity Gospel Carnival ID imoiley. Broibers and sisters were even more familiar wiib ihe evenl selup and joyfully seTh'ed in various roles. Around 150 neighbors aDd %olunlccrs attcndcd. Througb C1151Ma5 carols. fun activilics, hcartfcli bospÈtslity. and IoK'IDgly prepared refresbmenls. Ihe church left a deep impression on the commLIDity. We are grateful thal some attendees subsequently joined Morley worship smi¢es. We pray tbat the LA)rd 11 continue to use and provide for the gospel mitiisty of the church plant. Looking into 2025 2025 Church Theme: "Longing for Worship. Deepening) Spiritual Life. Sirengthening God's Household. Passing on ihe Mission." Longing for Worship: Strengihen IraiDing for worship leaders and service leams. iDtegraliDg various elements lo belp members engage deeply in worsbip. draw near to the Lord: and grow ID knowing God. Deepening Spiritual Life: Since commiinion with God is Ihe foiindalion of a beliei'er's spirilual life. Ihis yvdr Ihe church w'ill encoiirage members io set up personal Bible reading ond dei'otion plan4 and io share their learning in lellowslll.ps atid sm811 groups. Parlicipalion in Ihe "Pre-Easler 3-in-I Spiritual Movement" initiated by Alliance Bible Seminary will also be promoted. Slrengthening God'5 Household: As many imniigrani families join the church and some members transler their membership, there is a greater need to consolidate and strengthen the church community. We aim to deepen membe. unde]¥tandints of the in)ryTrrtance ol buildints God's household for tbe lono ternL to trnin believers. challenge tbem toward deepeT commitment, and promote faithful giTriDg - lostering UDity and building a ebur¢h centred on worship. Pg5siDg on the .%lisslon: Conlinuing the vision of evangeli/ing families and neighlK)UTS. as more membep> sellle inlo life in Ihe UK. the church will further encourage OLilreach. care for local communities. and eater involvenienl in global mi54ions. Members will also be reminded that a life of authentic witness is the besl 4pirilual legacy for Ihe nexl generaiion. These ministy focuses will be implemenled ihrougb variou5 area5. including.. Exposilory preaching series. dei'olional campaigns. special festii'al refleclioDS during worship. small group Bible studie& teslimonies shared during 'orship services. prdyer meelings: Ihe "Building God's Household" ofTering plan. and enhanced nexl-generation discipleship across cbildreD'S, yOUtIL and young aduli ministries - all prcpariDg thc church to mcct futurc challcngcs. Training program5 will include: Worship chairperson Irdining. worship leam tr8iDiD8. pastoral care and evangelism Iraining, children's aDd youth menlor Iraining. and sound team training - all aiming to equip ihe saints for minislry. so thai ihe body ofchrisl may be buili up. Page 5
Leeds Alliance Church Trustees, Report Morlev Congregation: Events such as cburcb activities. love feasts. and parenting seminars will continue to be organized at appropriate h.mes io support the pastoral needs ot.the new congregatt.on and encourdge oiitreach to neigbl)ours. leath.ng them to Ckwist. Other Kev Events 2nd Activitles for 2025: Children's and youth summer aclivilies. Youib Fellowship promotion ceremonies. Mission Sundays. Ihe 27ih Church Anniversary Celebrdtion. Christmas Sunday. and the Morley Communily Christmas Gospel Carnival are also being planned. We look forward to more broihers and sislers participating and serving enlhusiasiically. being inspired by God's love. withessing ihe beauty of the Gospel. and bringing nK)re lii'es to know ihe irue and living God. Praise Ihe Lord! Financial review We do praise our Lord for the provision and the generosity of ali our brothers and sisters and our mission pArerS For the donations over 2024. All figuTes quoted in tbe report are recorded on cash basis. wbere incomes and expenses are recognised al the time cash is received or paid oul. Gener81 Fiind (GF): The ioial GF donations received were £35.960 and expenses were £43.805. which includes internal transfers of £20.0 lo Personnel fiind. The nei income of General Fund for ihe year was -£7.845 with Ihe accumulaled balance of£42.41 l at the end ofyear. Since COVID. we bave accepted donations online. To better Teflecl our proportion of expendilures: from I February ?024 lor any online donations whicb do Dot slale donalion to a specific funiL we will aulomatically allocale 61P.'. lo our GeDeral Fund and 41P.'o lo our Perso[e1 FutNJ. Personnel Fund (PPFI: A total PPF donations 01 £5i.073 was received over ?024. of ,b]ch £20.500 was received from CACU to support the salary Pastor Vincy Yau and Anita Li. £?O,01)O from GeneTxI Fund internal tr2DsfeT. Expenses of £22.?98 reTe TecoTded in 2024. The accumulated balance at the end ofthe yeaT wa5 £1.888. Property Fund (PFTr).' £10 was received from Ihe orrering7 this year. Ille have invesied Ihe fund inio a hlgyh inieTesi saving accouni and received £232 in interest. There w'ere no oulgoings in Property Fund. The accumulaled balance at the year end 'as £91.392. Mission Fund: A churcb planl project bas been set up in .14lorley tbis year. All donations and expenses relating to Ibe cbtllrb planl project will go into tbe ML iSSiOD Fund. The total th)Dalion receil'ed was £15.21 O . wiib expenses of £10.996 In ?024. We make used oiir MF and made contributions to Cbinese Alliance Cburcbes Union (UK) and Sdent lellowship. The accumulaied balance ai ihe year eDd was £3.i64. Cbarity Fund: We bave received nil ihis year. The accumulated balance was £244 ai ibe year end. Page 6
Leeds Alliance Church Trustees, Report Reseriies policy The Reserves Policy for the Churcb is to bold a minirnum suTtL equivalent to 3 monihs average expenditure wbieb is broadly equxvalettt to £5,000. This should be sUtIent to meet any LLLforeseen item ol rttajor expenditure on the assessment and to be 2ble to continue, in the short ternL nding planned aetiv'ities in the e%'enl of any inability to rnise the funds from the gi7ng of the chureb. To achieve tbis, Leeds Alliance chu h will aim to put £l.000 per year into reserves from income utttil tbat level is achieved. Slotemenl of trustees, responsibilitie5 The ITh%lees (who are <ilso Ihe direcloTS of Leeds Alliance Church for the purposes of company law) are responsible for preparingy the IniNlees' Tepon and the financial statements in accordance wilh applicahle law and United Kingdom Accounting Siandards (Uniled King(k)m Generally Accepted Accounling Praclice). including FRS 102 Yhe FTnancial Reporting Slandard applicable in the UK and Repiiblic ol. Ireland. The report and accounls have been prepared in accordance with tbe provisioDS ID ibe Companies Aci 2006 relaling lo small companies. Company law wuires the trustees to prepare Fmancial statements for each financial year. Under compaw law the tn'1eeS must not approve the financial statements unless tbey are satisfied that they give 8 true and fair view of the state of afFaiTS of tbe ebaritable company and of the incoming resources and application of resources. includiD%Y Éts income and expenditure. ol the charitable cotnpany" for that period. ID preparing tbese fiDancial stxlements. tbe trustees are Teqiiired to= select suitsble accounting p)licies and apply tbem consistently; observe Ihe meihods and principles in ihe Charilies SORP. make judgements and Vilimales that are reasonable and Prudeni: slale wheiher applicable accoiiniing siandards. comprising FRS 10? have been followed. subjecl to any mJieTial departiires disclffied and explained Tn the financial siatemenis- and prepare the financial s13tements on ihe going concern basls UDless il is inappropriaie to presume Ihai tbe charilable company will continlie in business. Tbe tmslees are sponSible for keeping pmper accounting records that can disclose with reasonable accuracy at any lime the finCial w)sition of the ch8ritable company alld enable them to ensure that the financial statements comply the Companies Act 2006. They are also resp)nsible for safegu#Tding the assets of Ibe chaTitable company and hence for taking re2sonhble steps foT the PTeN'ention and detection of frxud other iffegulatities. The trustees Are responsible for the maIntence and integrity ol the COTpofdte 2nd fiDancial infoTtnxtion iD¢luded on the chaTitable company's websÉte. Legislation governing the PTepdT2lion dnd dissevninalion of rJnaDcial siaiemenls may diffeT from legislatlOD ID Other jUTi5dictions. Small comp2ni¢$ provision statement This report has been prepared in accordance with the small companies regime under ihe Companies Acl 2(KJ6. Tbe annual report was approved by tbe trustees of tbe charity on .................... and signed on ils behallby". Mr Siu Boon Ma Company Secrelary and Truslee Mr Wesley Wing Yau Wong Trustee 22 Jul 2025 22 Jul 2025 Page 7
Leeds Alliance Church Independent Examiner's Report to the trustees of Leeds Alliance Church ('the Company,) I report to the cbiuity tmstees on my examination of Ibe accounts OF tbe Company for the year ended 31 December 2024. Responsibilitie5 and basis of report As the cbtTity's trustees of tbe Company (and also its directors for the purposes of comp2Dy 12w) you are resw)Dsible foT the preparation of the accounts in accordance the requirements of ihe CoTnp2nies Aet 2006 ('the 2006 Aa.). Having saiisfied myself Ihal Ihe accounis of the Company are noi required io be audiled under Part 16 of Ihe 2006 Acl and are eligible for independent examination. I report in respecl of my examinalion of your charity's accounts as carried out linder section 145 of the Charilies Act 2011 ('Ihe 2011 Acl,). In carying out my examination I bave followed the DirectlODS given by the Charity Commission under seclion 145(5)(b) of the 2011 Act. IndependeDt examiner's 5taternent I have completed my examination. J confinn that no n]attets ILive come to my attention in connection 'th tbe examination giNitig me cause to b¢lieve: accounliDg records were Doi kepl in respecl of Leeds Alliance Churcb as required by sectton 386 of the 2006 Aa; or 2. the accounls do not accord wilh those records: OT 3. Ihe accounts do not comply with the accounting requirements of section 396 of ihe 2006 Ath her than any reqiiiremeni Ihal Ihe accounts give a 'tTue and fair view, which is noi a maller considered as pan of an independent examination- or Ihe a¢coiin15 haN'e noi been prepared in accord2nce with ihe methods and principles of ihe Siatemenl of Recommended Practice lor accounting and reporting bv charities [applicable to charities preparing Iheir accounts in accordance with tbe Financial Reporting Standard applicable in ihe UK and Republic ol Jreiand (FRS 102)]. I Ive no eoneenis 8nd bave come aeross no other ]natte in connection with tbe examination to wbieb attention sbould be IhxNvD in this report in ordei to en2ble a proper undetstandino of the accounts to be Teacbed. A.P.o.a. A D OrnioNlroyd FCA Fox Jennings Cullen Tarn House 77 High Sireel Yeadon Leeds Wesl YorkshiTe Juig025 Daie:..-...-......-..-..-..-..-... Page 8
Leeds Alliance Church Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds General Re5trieted fullds Total 2024 Total 2023 ,Yote Income and Endowments from: Donalions and legacies Investment income 35.960 51.711 232 87,671 23? 51256 50 Totsl Income 35.960 51.943 X7.903 51.306 E%penditure on.. Charitable activities 12 (23.960) (68.148 (92.108) (44.376) Total Expenditure (23,960) (68.148) (92.108) (44.376) Nel income.'{expenditure) TransFeTS beiween funds 12.0(X) (16.205) (4.205) 6.930 Nel nx)vemenl in funds (8.0(M)} 3.795 (4.?05) 6.930 Reconciliation of funds Totsl funds broughi forward 94.785 146.961 140.031 Totsl funds carTied forward 44.176 98.580 14? 75() 146.961 All ofihe charity's activilies derive from conlinuing operations during the above two periods. Tbe funds breakdown lor 2023 is shown in nole 9. The notes on pages I l 10 18 forni an inlegrdl part of these financial s181ements. Page 9
Leeds Alliance Church (Registration nuThber: 08743494) Balance Sheet as at 31 December 2024 2024 2023 Fiied assets Thngible assets 1.183 723 Current assets Debiors Cash at bank and in hand 6.176 136.871 3.690 143.3?8 147,018 Creditors: AnKbunts falllng due within one year (1.474) (780) et current assets 141.573 146.238 i et assets 14? 756 146.961 Funds (bf the Charity: Restricted income funds Reslricled fLEDds 98.580 94.785 Unrestricted income funds Unresiricied funds 44.176 52.176 Total funds 142.756 146.961 For the financial year ending 31 December ?0?4 the charity was eniiiled io exempiion from audii under seciion 477 of Ihe Companies Acl 2006 relating io small compaDies. Direclors. Tesponsibililies.. The member% have not required the clwity to obtain an audit of its accounts for the year iti question aceordanee H'ith section 476; and The ditOrS 2¢knowledge their responsibilities for complying with the requirements of ibe Act with respect to 8CCOUllling TecoTds and the preparation ofaccounts. These financial slalemenls have been prepared in accordance wilh the special provisions relgling lo companies subjecl lo the small companies regime wiihin Pan 15 ofthe Companies Act 2(M)6. The fjnancial st<11ements on Pi1ges 9 to 18 were approved by ibe trustees. and aulborised for issue on and %igned on their behdlf by.. Mr Siu Boon Ma Company Secrelary aDd Trustee Mr Wesley Wing Yau Wong Trustee The notes on pages I l 10 18 forni an inlegrdl part of these financial s181ements. Page 10
Leeds Alliance Church Notes to the Financial Statements for the Year Ended 31 December 2024 I Charity status The chtirity is limited by guaralltee. incorporated in Entrland and Wales. and consequently does not bave sbare capilal. Each of ihe Inislees is liable lo contribule an arnounl tiol exceeding £Nil lowards the assels of Ihe charity in ibe evenl of liqiiidation. Tbe athIr ofits registered otrice is: 2A Blackman Lane W(K)dhouse Leeds Wesl YoTkshire LS2 9ER Auihorised for issue date 2 Accounting policie5 Surnmar) of significant accounting policies and ke) accounting estimates The principal accounting policies applied ID ihe prepardlion of these financial slalements are sel out below. These policies have been consistenily applied to all ibe years preseDled. unless oiherwise slaled. Statement of Compliance The linancial slaiemenl.s have been prepared in accordance with Accounling? and Reporting by Charilies". Siaiemeni of Recommended Praciice (applicable lo chariiies preparing their accounis in accordance wilh ihe Financial Reporting Standard applicable in ihe UK and Republic of ireland (FRS I O?}) (issued Tn Ociober 2019) (Charilies SORP (FRS 102)), the Financial Reixirting Standard applicable in the UK and Republic of treland (FRS 102) and ibe Companies Aci 2006. Bas15 of preparation Leeds Alliance Chureb meets tbe definition of * public b2nefit entity under FRS 102. Assels 2nd li2bilities are initially OgnISed ai bistorical cost or nsaCtiOn N'alue unless otbeTwise stated in the relevant accounting policy notes. Going concern The ISiee5 consider Ihal IheTe are no malerial uncertainlies about the charity'% abilily lo conlinue as a going ¢onceTn nor any SilfIcan$ areas of uncertainly ihal aLTeci the Caying value ofassels held by the charity. Exemption from preparing a cash flow statement The Lharitv opted to earlv adopl BLillelin I published on 2 February 2016 and bave therefore nol included a casb tlow slatement in these financial slalemenls. Income and endowments All income is recognised once the cbarity has entitlemenl to the incorne. il is probable that the ir*come will be received and tbe amount of the iDcome receivable can be measured reliably. Page 11
Leeds Alliance Church Notes to the Financial Statements for the Year Ended 31 December 2024 Doiialitjns ld legacies Donations are recognised when the cbarity bas been notified in Tilmg of boih the amount and settlen]ent date. In the event that a donation is subject to conditiotts tbat Tequire a les'el of perforniance by tbe charity beloTe the ehatity is entTtled to tbe nds. the income Rs defeed and nol reeognised until either those Conditions are Fully met, or ibe fuifilmenl OF those conditions is wbolly the Control of the charity and it is probable thai these conditions will be Fulfilled in the reportlDg peri(Kl. IAiJeslmeiii income Dividends are Tecognised once the dividend has ken declared and notificaiion has been received ofthe dividend due. Expenditure All expenditure is recognised once there is a legal or constructive obligation to i11 expenditure. il is probable settlement Is required and the 8mounl can be measured reliably. All costs are allocated to the applicable expenditure beading tbat atrgregale similar costs to that cateoorv. Where costs cannot be directly attribuled to particular beadings they bave been allocated on a basis consistenl with ihe use of resources. Chantable actiJrytie5 Charitable expenditure comprises those costs incutred by the eharity in the delivery of its 2etivities and senqces for its beneficiaries. It ineludes 1 costs that can be allocated direcily to such X¢iii'ilies and those costs of an indirecl nalure necessary lo support them. Governance costs These include the costs altribulable lo ihe charily's compliance with conslilulional and slalulory requtremenis. including audiL stTa¢egi¢ management and trustees meetings and reimbursed expenses. Tangible fixed assets Indii'idual tixed assels cosling £250.00 or more are inilially recorded at cosl. DepreciatioD and Y4mOrtisation Deprecialion is proi'ided on langible fixed assets so as to MTile otT Ibe cosl or valuation, less any estimaied residual value. over their expecled useful economic b.fe as follows: Assel class Fixllwes and equtpmenl Depreclatlon method And rate 25.0 slrdlbyhi line Fund s¢ru¢thre Unreslricled income funds are general funds that are available for use al the trustees discrelion in furtherdDce of the objectives ofthe charity. Page 12
Leeds Alliance Church Notes to the Financial Statements for the Year Ended 31 December 2024 3 IncDme from donations and legacie5 Unrestricied funds General Rtstricted funds Tot21 fund5 Donalions and legscies; lknnalions from individiials Gifi aid reclaimed 32.460 3.51)0 49,134 2.577 81.594 6.077 Tollll for 2024 3).960 51.711 87.671 Tolal for 2023 40.676 10.580 51.256 4 Investment income Unrestricted funds General Restricted funds Total Inieresi receivable and similar income. Inleresi Teceivable on bank deposits 232 232 Total for 2024 2.32 Tol41 for 2023 50 50 5 Tangible rued assets Fixtures and equipment Total Cost At l January 2024 Addilions 2,723 1.061 2,723 1.061 Al 31 December 2024 3.784 3,784 Depreciation Ai l Janiiary 2024 Charge for the year 2.000 601 601 Ai 31 December 2024 2.601 ?.601 et I0k I'alue Ai 31 December 20?4 1.183 1.183 At 31 December 2023 7?3 723 Page 13
Leeds Alliance Church Notes to the Financial Statements for the Year Ended 31 December 2024 6 Debtors 21124 2023 Prepaymenls Oiher debiors loo 3.590 6.076 6.176 3.690 7 Cash and c8$h equivalents 2024 2023 Casb at bank 136.871 143.328 Bank oi'erdTafts (659) Casb and cash cquivalents in stat¢m¢nt of cash tIow5 143.3?8 8 Creditor5: amounts falling due within one )'ear 2024 2023 Bank overdrafts Accruals 659 815 780 1.474 780 9 Fund5 Balallee at 31 December 2024 Balance at I January 2024 Intoming resources Resourees eipended Transfers Unrestricted funds Geiiernl General fund 52.176 35.960 (23.960) (20.(X)O) 44.176 Restricted funds Property thnd Personnel fund Mission fund 91.150 2.855 537 243 242 36.656 1261 91.392 2.455 (i65) 243 5.055 (57.056) (2.363) 20.0 Charity appe31 Fund .Mission fund (Morley) 13.784 (8.7?9} 94.785 51.943 (68.148) ?0.000 98.580 Tolal hnds 146.961 87.903 (92.108) 142.756 Page 14
Leeds Alliance Church Notes to the Financial Statements for the Year Ended 31 December 2024 Balance at 31 December 2023 Balance at I January 2023 Incoming resources Resources expended TraD5fers Unrestricted funds Generdl 44.340 40.726 (22.740) (10.150} 52.176 Restricted funds 95.691 10.580 {?1.6.36) 10.150 94.785 Total funds 140.031 51.306 (44,376) 146.961 Purp05e5 of restricted funds Restrscled Fullds are IILnds subject to spectfic conditions. imwjsed bv the donors And binding on Ihe diteclors ol the CbuTch Council. They represettt unexpended &trIcted income arKI"or other assets on m.bieb regtrietions as to tbeir use apply. Tbe conditions may alternatielY be irnw)sed not by tbe donors but by the Intsts relating to the donation. Property fiind - il is a pool of iinexpended resources. held and maiDlained separalely from other pools. Ii sbould only be used io acquire any chLirch propenies or maintain properties belonging lo Ihe church. Personnel fund - Ihe fund was sel lip lo employ minislers ,' church workers. Mission fund - Ihe fund was sel up to support specifjc mission evenis ofihe church. Charily appeal fund - it 15 a pool of unexpended resources. held and mainlJined separatelv from other pools. It sbould only be used to provide assistance to indiN'iduals who are unconnecled wilh the Church COUDciI members and who eDcouner short lenn financial hardship or Cbrislian charilies whose purposes are to prol'ide bumaDitsriaD aid to ihe poor ID general. Mission fimd - the fund was set up to begin wotsbip services in the Morley area specificzlly. 10 Analvsls of nel asse¢$ between funds Unrestricted funds General Total funds at 31 December 2024 Restricted fund5 Tangible fixed assets Current assets Current liabilities 742 98.496 659) 1.183 143.047 (1.474) 44.551 815) Totsl nel assets 44.177 98.579 14? 756 Page 15
Leeds Alliance Church Notes to the Financial Statements for the Year Ended 31 December 2024 UDrestricted funds General Total funds at 31 December Restricted fund5 T2ngible fixed assets Current assets Current liabilities 723 52.455 (780) 94.563 147.018 780) Totsl nei asseis 52.398 94.563 146.961 I I Independent eiaminer's remuneralion 2024 2023 Examination ol the financial statements 815 780 12 Expenditure on charitable activitie5 Unrestricted Total 2024 Tot21 2023 General Re5trl¢ted Direcl charitable expenditure Congregaiional expenses Adminislrnlion ofthe church Fellowships. school exn5¢S and evangelical evenls Other cbarges 1.333 18.307 484 57.887 9.014 63 59.220 27.321 547 24.076 16.797 419 947 2.889 917 ?67 1.864 3.156 1.883 23.960 68.148 92.108 44.376 Direci Chariiéble Erpeiidilure Unreslricled Total 2024 Total 2023 General Restrlcted Minisler WOTking expenses 1,10 offering to CACU(UK} Charily donation5 & mission support Per50Dnel expenses 65 65 831 831 822 1.268 2.783 ?0.371 57.056 57.056 1.333 57.887 ?4.076 Page 16
Leeds Alliance Church Notes to the Financial Statements for the Year Ended 31 December 2024 Coiigregalioiial expeiises Unrestricted Total 2024 Total 2023 General Restricted Speakevs fees Hire ofchuTch premises TraveLIMileages allow'ance Hospilalily expenses Anniversary & Christmas expenses 408 15.190 1.662 963 84 408 23.190 1.662 1.295 766 305 13.965 335 1.005 1.187 332 682 18.3n7 9.014 ?7.3?1 16.797 Admiiii5(rnlR ofthe Church Unrestricted Total 2024 Total 2023 General Restricted Printing. stalionery and advertising Equipmeni. paIrS and mainienance 14? 51 193 162 35 307 12 47 307 CCPAS & DBS 257 484 63 547 419 Fellow5hip5. schools e-rpeA5e.f and evaiigelical eyents Unrestricted Total 21124 Total 2023 General Restricted SLinday children school Kindness fellow'ship Welcome.'CNY.,SummeT and Outreach events Siudeni fellowship Siudeni events 559 105 67 626 105 361 174 273 273 496 .364 390 276 io 486 364 947 917 1,864 1.201 Page 17
Leeds Alliance Church Notes to the Financial Statements for the Year Ended 31 December 2024 Otlier eharges Unrestricted Total 2024 Total 2023 Ccnernl Restricted Independent examiner fees Examination of ihe financial ststements 815 280 391 354 679 370 815 280 780 Telephone and fax IT relaled expenses Depreciation Insurance Sundry expenses 20 247 326 335 419 23 601 679 370 ?67 3.156 1.883 13 Net ineomingloutgoing rcsourees Net (oulgoing)J IDeoming resources for the year include: 2024 202.1 Deprecialion or rixed assets 601 335 14 Trnstee$ remuner2tion and ¢xpens¢s No Irusiees. nor any persons connecied wilb tbem. bave receii'ed any remuneralion from ibe charity during ihe Page 18