Longcrof Church Legal and Administratve Informaton
Charity Registraton Number 1174221 Trustees Mr Lee Cheung Mr David Meeten (chairman) Dr David Vine Mr Andrew White Mr Richard Worsley
The existing trustees appoint any new trustees following the provisions laid out in the organisation's go
Legal Status Charitable Incorporated Organisation Governing Document Trust Deed dated 10th August 2017
Objects To advance the Christian Faith for the benefit of the public in accordance wit set out in the Schedule hereto including Christian worship, the preaching of th associated with these ends
| Correspondence | The Longcrof | |
|---|---|---|
| Address | Storeton Lane | |
| Barnston | ||
| Wirral | ||
| CH61 1BU | ||
| Bankers | Barclays Bank | |
| 26 Pensby Road | ||
| Heswall | ||
| Wirral | ||
| CH60 7RR | ||
| Solicitor | Pearcelegal | |
| 2 The Square | ||
| Solihull | ||
| West Midlands | ||
| B91 3RB | ||
| Independent Examiner | Ian Afick | |
| 61 Taton Road North | ||
| Heaton Moor | ||
| Stockport Cheshire | ||
| SK4 4QX | ||
| Members | Mr Bryan Dowley | Mr Peter Elks |
| Mr Roger Jacobs | Mr Mark Jones | |
| Mr David Meeten | Dr David Vine | |
| Wider Leadership Team | ||
| Mr Paul Bach | Mr Lee Cheung | |
| Mrs Lynda Cheung | Mr Bryan Dowley | |
| Mr Peter Elks | Mr Roger Jacobs | |
| Mrs Helen Jacobs | Mr Mark Jones | |
| Mr Christopher Knight | Mr David Meeten | |
| Mr Morris Rowlands | Dr David Vine |
Mr Andrew White Mr Richard Worsley Mr Ben White
overning Trust deed
th the Statement of Faith he gospel and all the functions
LONGCROFT CHURCH TRUSTEES' REPORT
YEAR ENDED 31ST DECEMBER 2023
The Trustees present their annual report and the independently examined accounts for the Year ended 31 1 Administratve Informaton
Fulf i llment of the Aims
The Trustees work closely with the members of the CIO to deliver the purposes of the charity as described a of its purposes, it is difficult to assess or measure the success of such work but there are many indications o including increased numbers attending, and contributing, as well as healthy finances
Organisaton
It is the duty of the members of the CIO to exercise their powers to further the purposes of the CIO in accor the statement of faith. The charity trustees manage the affairs of the CIO and delegate to the Wider Leader all practical day to day matters of the CIO. A large number of volunteers contribute to the work of the CIO. Public Beneft
As a small charity, below the Charities Act’s audit threshold, the report focuses on the main activities under charity to further its charitable purposes for the public benefit. The trustees have had regard to the Charity Commissioners guidance on public benefit, in particular the guidance on charities for the advancement of re planning their activities.
Objectives and Activities
Regular public meetings are held for worship and preaching of the gospel, both on Sundays and midweek in daytimes and evenings. A full programme is provided for children and young people.
Risk Assessment
Trustees review controls of key financial systems and other operational and business risks that the CIO face that there are established systems in place to mitigate the significant risks. Further Covid-specific risk assess taken place over the past year in order for face-to-face gatherings, as and when appropriate, to be deemed in keeping with Government guidelines. All members working with children, young people and vulnerable a been registered with The Disclosure and Barring Service (DBS).
Policies
The CIO has the following policies in place: Safeguarding, Vulnerable adults, Health and safety, Investments interests, Social media, Complaints procedure, and Data protection.
Actvites
There has been an extensive range of activities carried out by the CIO during the year, including meetings, c youth work, hospitality, ongoing support of home and overseas mission, all supported by a large team of vo In addition, the CIO has been able to continue to provide hospitality for a number of Ukrainians in 2023.
Building and Maintenance
Ongoing general maintenance of the house and grounds has continued throughout the year in order to ens Longcroft estate is well looked after and in a good state of repair.
Transactons with Trustees and Rental Agreements
Transactions with Trustees and Connected Persons are set out in the notes to the Accounts.
Financial Policy
The financial position of the Charity is clearly set out in the accounts that follow this report. A large proporti income has been by voluntary donation. It is the CIO's policy not to engage in fundraising activities. There is income. It has been the policy of the CIO to give away as much as is possible from our income after all the n expenses have been met. A large proportion of the donations has been to work abroad. Gifts are made to li individuals and organisations on the basis of perceived need
...................................... David Meeten 16th April 2024
1
12 23
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LONGCROFT CHURCH STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST DECEMBER 2023
| 31 | 12 23 | |||||
|---|---|---|---|---|---|---|
| INCOME & EXPENDITURE | Notes | Unrestricted | Restricted | Total | Total | |
| INCOMING RESOURCES | Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | £ | |||
| Offerings & Donations Received | 1 | 223,679 | 100,334 | 324,013 | 297,843 | |
| Actvites in furtherance of the charity's objects | ||||||
| Bookstall Sales | 353 | 353 | 397 | |||
| Other Trading | 2,625 | 2,625 | 1,615 | |||
| Investment Income & Interest | ||||||
| Grants received | 6,800 | 6,800 | ||||
| Contributons from Residents | 7,505 | 7,505 | 9,133 | |||
| Interest Received | 51 | |||||
| Other Income | 2 | 209 | 209 | 1,492 | ||
| TOTAL INCOMING RESOURCES | 234,371 | 107,134 | 341,505 | 310,531 | ||
| Less: RESOURCES EXPENDED | ||||||
| Charitable Expenditure | ||||||
| Costs of activities in furtherance of the objects of the charity | ||||||
| Mission | 34,325 | 27,594 | 61,919 | 135,163 | ||
| Ministry | 10,709 | 4,916 | 15,625 | 24,369 | ||
| Children & Young People | 3,685 | 3,685 | 1,337 | |||
| Outreach | 3,710 | 3,710 | 1,342 | |||
| Poor Relief & Foreign Aid | 26,008 | 66,733 | 92,741 | 47,980 | ||
| Other Trading Expenses | 1,444 | 1,444 | 1,890 | |||
| Bookstall Cost of Sales | 438 | 438 | 194 | |||
| Residental Property Costs | 1 | 71,069 | 6,800 | 77,869 | 65,277 | |
| 151,388 | 106,043 | 257,431 | 277,552 | |||
| Support costs | 1 | 3,888 | 3,888 | 4,319 | ||
| Governance | 1 | 780 | 780 | 780 | ||
| TOTAL RESOURCES EXPENDED | 156,056 | 106,043 | 262,099 | 282,651 | ||
| NET NCOMING RESOURCES For the Year | 78,315 | 1,091 | 79,406 | 27,880 | ||
| Inter-Fund Transfer | 400 | -400 | ||||
| FUND BALANCES as at 1st January 2023 | 1,759,543 | 4,793 | 1,764,336 | 1,736,456 | ||
| as at 31st December 2023 | 1,838,258 | 5,484 | 1,843,742 | 1,764,336 |
2
LONGCROFT CHURCH BALANCE SHEET
AS AT 31ST DECEMBER 2023
| Notes FIXED ASSETS 3 Freehold Land & Buildings Equipment Furniture & Fitngs Worship & Library Books Current Assets Bookstall Stock Debtors & Prepayments Cash at Bank and in Hand Less: Current Liabilites payable within one year Creditors & Accruals NET CURRENT ASSETS NET ASSETS Represented By: FUNDS Unrestricted General Revaluaton Reserve Restricted Approved by Trustees 13th May 2024 |
31 12 23 31 12 22 £ £ £ £ 1,652,818 1,648,620 21,496 16,804 13,343 14,826 466 571 1,688,123 1,680,821 419 519 12,816 36,807 146,937 51,369 160,173 88,695 4,554 5,180 155,619 83,515 £1,843,742£1,764,336 1,368,258 1,289,543 470,000 470,000 5,484 4,793 £1,843,742£1,764,336 |
31 12 23 31 12 22 £ £ £ £ 1,652,818 1,648,620 21,496 16,804 13,343 14,826 466 571 1,688,123 1,680,821 419 519 12,816 36,807 146,937 51,369 160,173 88,695 4,554 5,180 155,619 83,515 £1,843,742£1,764,336 1,368,258 1,289,543 470,000 470,000 5,484 4,793 £1,843,742£1,764,336 |
|---|---|---|
| £ £ |
||
| 1,764,336 | ||
| 1,289,543 470,000 4,793 |
||
| 1,764,336 | ||
................................... Richard Worsley Trustee
3
LONGCROFT CHURCH INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF LONGCROFT CHURCH YEAR ENDED 31ST DECEMBER 2023
I report on the accounts of the CIO for the Year ended 31st December 2023, which are set out on pages 1 to Respectve responsibilites of Trustees and Examiner
As Trustees of the Charity, you are responsible for the preparation of the Accounts; you consider that the A requirement of Section 144(2) of the Charities Act 2011 (the Act) does not apply. It is my responsibility to st basis of procedures specified in the General Directions given by the Charity Commissioners under Section 14 the Act, whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commission an audit under Regulation 31(f), according to a dispensation granted 8th June 2019. An examination include the accounting records kept by the Trust and a comparison of the accounts presented with those records. It consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Tru concerning such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequ express an audit opinion on the view given by the accounts.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 130 of the Act: and
-
to prepare accounts which accord with the accounting records and to comply with the accounting require have not been met: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the acc reached.
…...........................................
I Afflick Accountant 61 Tatton Road North Heaton Moor STOCKPORT Cheshire SK4 4QX 10th May 2024
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LONGCROFT CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2023
1. ACCOUNTING POLICIES
The Financial Statements are prepared on a historical accounts basis, taking into account accruals and depre where relevant, in order to ensure consistency. Gifts to Restricted Funds are accounted for upon receipt, th Restricted Tax Refunds are included when net donations are received.
Gifts in kind are only recorded and included if material, and then are included as income in the year given. Gifts from Residents and Grants are recorded as income only when received. Income Tax recoverable from donations is included at the date net donations are received, and where appropriate included as a debtor at Balance Sheet date.
Only reimbursements of expenditure are netted off against such and not counted as income.
Unrestricted Funds are incoming resources, which can be used in accordance with the charitable objects at discretion of the trustees.
Designated Funds are unrestricted funds set aside by the trustees for particular purposes.
Restricted Funds are to be used for specific purposes. Restrictions arise when specified by the donor or whe are raised for particular restricted purposes.
Centre expenses are not wholly directly charitable in nature; properties held are partly of an investment nat donations are received from residents and certain administrative functions are performed there. However, accommodation provided for Christian workers and their families as well as to short and medium-term gues considered to be both an integral part of the Direct Charitable activity of the Church to its members and the community and the major use of the buildings.
All Fixed Assets were valued at 01 01 18, when they were transferred from the charitable trust and are depr appropriate rates thereafter. Freehold properties were revalued during the year.
Assets are Capitalised, irrespective of finance sources and methods, provided such are permanently intende used by the Trust. Only acquisitions of £200 and over are capitalised.
Properties are not annually revalued unless, in the opinion of the Trustees, previous valuations are misleadi depreciation is provided for the same reason.
Current Assets are shown at the lower of cost and net realisable value.
Current Liabilities are shown at settlement value.
2. DEPRECIATION & REVALUATION OF FIXED ASSETS
Depreciation is provided, other than on Properties, on the reducing balance method (unless otherwise show on expected useful lives, at the following rates:-
==> picture [480 x 65] intentionally omitted <==
----- Start of picture text -----
||||
|---|---|---|
|Equipment|20%|
|Furniture & Fittings|10%|
|Worship & Library Books|10%|(Straight line)|
|It is not thought that there is any merit in depreciating Freehold Property, especially with a recent revaluati|
|this policy will be reviewed if and when the prevailing circumstances alter.|
----- End of picture text -----
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LONGCROFT CHURCH
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2023
| 3. FIXED ASSET MOVEMENTS Cost or Valuaton Valuaton as at 1st January 2023 Cost as at 1st January 2023 Additons in Year Less: Disposals in year Depreciaton As at 1st January 2023 On Disposals Charge for the Year Net Book Value at 31st December 2023 Net Book Value at 1st January 2022 |
Freehold Equipment Furniture Worship Propertes & Fitngs & Library Total & Improvements Books £ £ £ £ £ 1,645,000 6,911 2,529 944 1,655,384 3,620 24,509 20,937 105 49,171 4,198 10,093 14,291 |
|---|---|
| 1,652,818 41,513 23,466 1,049 1,718,846 -80 -80 |
|
| 1,652,818 41,433 23,466 1,049 1,718,766 |
|
| 14,616 8,640 478 23,734 -54 -54 5,375 1,483 105 6,963 |
|
| 19,937 10,123 583 30,643 |
|
| 1,652,818 21,496 13,343 466 1,688,123 1,652,818 16,804 14,826 571 1,680,821 |
4. FUNDS & FUND TRANSFERS
There are a variety of Restricted Funds for specific individuals, other Christian Works and specific purpose
| 5. ANALYSIS OF NET ASSETS BY FUND Fixed Assets Current Assets Current Liabilites Fund Balance |
Unrestricted General Purposes £ 1,688,123 154,689 4,554 1,847,366 |
Restricted (Note 4) £ 5,484 5484 |
Total £ 1,688,123 160,173 -4,554 |
|---|---|---|---|
| 1,843,742 |
6. TRUSTEES EXPENSES
Two ( Year to 31 12 22 - two) Trustees received gifts of £1,820 (Year to 31 12 22 - £1,570) in rec Christian ministry.
Two (Year to 31 12 2022-three) persons related to two (Year to 31 12 2022- two) Trustees rec (Year to 31 12 2022- £5,650) to support them as Ministers and Missionaries.
One (Year to 31 12 22 - one) charity which has a Trustee in common with Longcroft Church rec (Year to 31 12 22 - £100) in the Year.
Other than reimbursement of expenses, there were no other payments to, or contracts with Tr Connected persons
7. INDEPENDENT EXAMINER'S FEE
The Independent Examiner received £ 745 (Year to 31 12 22 - £ 745) for the Independent Exam preparation of the accounts.
6
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ceived £6.600
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