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2024-12-31-accounts

Longcroft Church Legal and Administrative Information

Charity Registration Number

1174221

Trustees Mr Lee Cheung Mr David Meeten (ch 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 g

Charitable Incorporated Organis

Legal Status Charitable Incorporated Organis Governing Document Trust Deed dated 10th August 20 Objects To advance the Christian Faith for the benefit of the public in accordance w set out in the Schedule hereto including Christian worship, the preaching of associated with these ends

Trust Deed dated 10th August 20

Correspondence The Longcrof
Address Storeton Lane
Barnston
Wirral
CH61 1BU
Bankers Barclays Bank
Leicester
LE87 2BB
Solicitor Pearcelegal
2 The Square
Solihull
West Midlands
B91 3RB
Independent Examiner Ian Afick
61 Bridge Street
Kington
Herefordshire
HR5 3DJ
Members Mr Bryan Dowley (to Sep 2024) Mr Peter Elks
Mr Roger Jacobs Mr Mark Jones
Mr Phil Jones Mr David Meeten
Dr David Vine
Wider Leadership Team
Mr Paul Bach Mr Lee Cheung
Mrs Lynda Cheung Mrs Elizabeth Crowther
Mr Paul Crowther Mr Peter Elks
Mr Roger Jacobs Mr Mark Jones
Mr Phil Jones Mr Christopher Knight

Mr David Meeten Mr Morris Rowlands Dr David Vine Mr Ben White Mr Richard Worsley

airman)

governing Trust deed

sation

017

ith the Statement of Faith the gospel and all the functions

LONGCROFT CHURCH TRUSTEES' REPORT YEAR ENDED 31ST DECEMBER 2024

The Trustees present their annual report and the independently examined accounts for the Year ended 31 1 Administrative Information

Fulfillment 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

Organisation

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 Benefit

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. Annual risk assessments are carr wider leadership team. All members working with children, young people and vulnerable adults have been 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.

Activities

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 2024.

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.

Transactions 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

30th April 2025

12 24

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LONGCROFT CHURCH STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST DECEMBER 2024

31 12 24
INCOME & EXPENDITURE Notes **Unrestricted ** Restricted Total Total
INCOMING RESOURCES Funds Funds 2024 2023
**£ ** **£ ** **£ ** £
Oferings & Donatons Received 1 71,549 52,147 123,696 324,013
Actvites in furtherance of the charity's objects
Bookstall Sales 303 303 353
Other Trading 3,179 3,179 2,625
Investment Income & Interest
Grants received 3,700 3,700 6800
Accommodaton Contributons 7,923 7,923 7,505
Interest Received 25 25
Other Income 2 335 335 209
TOTAL INCOMING RESOURCES 83,314 55,847 139,161 341,505
Less: RESOURCES EXPENDED
Charitable Expenditure
Costs of actvites in furtherance of the objects of the charity
Mission 49,980 31,199 81,179 61,919
Ministry 23,722 4,045 27,767 15,625
Children & Young People 4,323 4,323 3,685
Outreach 4,081 4,081 3,710
Poor Relief & Foreign Aid 11,609 14,538 26,147 92,741
Other Events & Trading Expenses 1,635 1,635 1,444
Bookstall Cost of Sales 179 179 438
Residental Property Costs 1 63,141 240 63,381 77,869
158,670 50,022 208,692 257,431
Support costs 1 3,727 3,727 3,888
Governance 1 870 870 780
TOTAL RESOURCES EXPENDED 163,267 50,022 213,289 262,099
NET (OUTGOING)/INCOMING RESOURCES For the Year -79,953 5,825 -74,128 79,406
FUND BALANCES as at 1st January 2024 1,838,258 5,484 1,843,742 1,764,336
as at 31st December 2024 1,758,305 11,309 1,769,614 1,843,742

2

LONGCROFT CHURCH BALANCE SHEET AS AT 31ST DECEMBER 2024

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
12th May 2025
31 12 24
31 12 23
£ £ £ £
1,653,668
1,652,818
21,923
21,496
20,362
13,343
372
466
1,696,325
1,688,123
431
419
12,673
12,816
65,561
146,938
78,666
160,173
5,377
4,554
73,289
155,619
£1,769,614£1,843,742
1,288,305
1,368,258
470,000
470,000
11,309
5,484
£1,769,614£1,843,742
31 12 24
31 12 23
£ £ £ £
1,653,668
1,652,818
21,923
21,496
20,362
13,343
372
466
1,696,325
1,688,123
431
419
12,673
12,816
65,561
146,938
78,666
160,173
5,377
4,554
73,289
155,619
£1,769,614£1,843,742
1,288,305
1,368,258
470,000
470,000
11,309
5,484
£1,769,614£1,843,742
£
£
1,843,742
1,368,258
470,000
5,484
1,843,742

................................... Richard Worsley Trustee

3

LONGCROFT CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LONGCROFT CHURCH YEAR ENDED 31ST DECEMBER 2024

I report on the accounts of the CIO for the Year ended 31st December 2024, which are set out on pages 1 to

Respective responsibilities 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

(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 Bridge Street Kington Herefordshire HR5 3DJ 28 th May 2025

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LONGCROFT CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2024

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:-

----- 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 2024

3. FIXED ASSET MOVEMENTS
Cost or Valuaton
Valuaton as at 1st January 2024
Cost as at 1st January 2024
Additons in Year
Less: Disposals in year
Depreciaton
As at 1st January 2024
On Disposals
Charge for the Year
Net Book Value at 31st December 2024
Net Book Value at 1st January 2024
Freehold
Equipment Furniture Worship
Propertes
& Fitngs & Library
Total
& Improvements
Books
£ £ £ £ £
1,645,000
6,911
2,529
944 1,655,384
7,818
34,522
20,937
105
63,382
850
5,933
9,282
16,065
1,653,668
47,366
32,748
1,049 1,734,831
-95
-95
1,653,668
47,271
32,748
1,049 1,734,736
19,937
10,123
583
30,643
-70
-70
5,481
2,263
94
7,838
25,348
12,386
677
38,411
1,653,668
21,923
20,362
372 1,696,325
1,652,818
21,496
13,343
466 1,688,123

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
£
1,696,325
67,357
5,377
1,769,059
Restricted
(Note 4)
£
11,309
11309
Total
£
1,696,325
78,666
-5,377
1,769,614

6. TRUSTEES EXPENSES

One ( Year to 31 12 23 - two) Trustees received gifts of £1,820 (Year to 31 12 23 - £1,820) in rec Christian ministry.

Two (Year to 31 12 2023 - two) persons related to two (Year to 31 12 2023- two) Trustees rec In the Year to 31 12 2023only £6,600 was received by personns related to one trustee to suppo as Ministers and Missionaries.

One (Year to 31 12 23 - one) charity which has a Trustee in common with Longcroft Church rec (Year to 31 12 23 - £625).

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 23 - £ 835) for the Independent Exam preparation of the accounts.

6

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