# ## |||Page| |---|---|---| |Trustees'
Annual
Report||| |Independent
Examiner's|Report|13| |Statement
of Financial|Activities|14| |Balance Sheet||15| |Notes to the Financial Statements||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |REFERENCE|REFERENCE|REFERENCE|AND ADMINISTRATIVE
DETAILS|AND ADMINISTRATIVE
DETAILS|AND ADMINISTRATIVE
DETAILS|AND ADMINISTRATIVE
DETAILS||||| |---|---|---|---|---|---|---|---|---|---|---| |Name||||Liverpool Chinese Gospel Church||||||| |Charity number||||1179991||||||| |Address|&|Office||11Great George||Square,||||| |||||Liverpool,||||||| |||||L1 5DY||||||| |Trustees||||The members
of||the Board ofTrustees are as follows:||||| |||||Eric Luk Yau Chan —Chair||||||| |||||Solomon
Hoi Ming Ho|||(Retired 8e May 2022)|||| |||||Tommy
Ho Yin|Kwan|||||| |||||Rev David Seiboth||||||| |||||Dr Maw JooTan||||||| |Additional||Board||Pasta Pong Lai|||(Pastor- Independent||Adviser)|| |||||Agatha Mak|||(Treasurer)|||| |||||Daniel Yeo|||(Secretary)|||| |||||James
Liu|||(Chair ofManagement||Team) - from|| ||||||||6'"November 2021|||| |Pastoral|Team|||Eric Luk Yau Chan|||(Elder)|||| |||||David Seiboth|||(Pastor)|||| |||||Rebecca Tsang
Sunny Sheung|Lai Pang||(Pastoral Worker)
(Pastoral Worker)|- until 22~||| ||||||||January 2022|||| |||||Solomon
Hol Ming Ho
Maw JooTan|||(Elder-Volunteer
Pastoral Worker)-
until 8"May 2022
(Elder) - from 23"October 2021|||| |||||Wayne Cheung|||(COCM Chinese Overseas
Mission) missionary —from|||Christian
1"April| |||||Esther Ngan|||2022
(COCM missionary) —from|||1"April| ||||||||2022|||| |Church Staff||||Janet Dyu|||Church administrator)|||| |||||David Seiboth|||(Pastor)|||| |||||Rebecca Tsang
Sunny Sheung|Lai Pang||(Pastoral Worker)
(Pastoral Worker) —until 22~|||| ||||||||January 2022|||| |Independent|||Examiner|Paula Sanchez|ACCA|||||| |||||cfo LCVS||||||| |||||151Dale Street,||||||| |||||Uverpool,||||||| |||||L2 2AH||||||| |Bankers||||Santander
UK pic||||||| |||||Bootie,||||||| |||||Merseyside,
L304GB||||||| |Signed on||behalf ofthe||Trustees||||||| |Eric Luk|Y||Chan, Trustee|||Date||||| ## ## ## ## |||Notes|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||Funds|Funds|Funds|Funds| ||||2022|2022|2022|2021| |Income and Endowments|||6|||E| |from:||||||| |Donations
and legacies||2a|148,479||148,479|136,058| |Charitable
activities||2b|17,103||17,103|5,751| |Investments||2C|714||714|465| |Total income|||166,296||166,296|142,274| |Expenditure
on:
Charitable
activities|||148,464||148,464|146,532| |Total expenditure|||148,464||148,464|146,532| |Net (expenditure)/income,
net movement
in funds|||17,832||17,832|(4,258)| |Total funds brought|forward|9, 10|678,006||678,006|682,264| |Total funds carried|forward|8 - 10|695,838||695,838|678,006| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2. Income and endowme|nts|from|:||||||| |---|---|---|---|---|---|---|---|---|---| ||||||Unrestricted
Restricted|||Total|Total| ||||||Funds|Funds||Funds|Funds| ||||||2022|2022||2022|2021| |a. Donations
and legacies
Offering
and donations
Gift Aid|||||E
129,672
18,807|||F
129,672
18,807|118,810
17,28| ||||||148,479|||148,479|136,058| |Income from donations|and|legacies||in 2021 related
wholly to||unrestricted||funds|| |b. Charitable
activities|||||||||F| |Bookstall|||||||||20| |Conference
income|||||||||30| |Children's
Summer
Club|||||515|||515|| |HMRC Job Retention Scheme|||||||||350| |Photocopying
income
Rental income|||||5
16,583|||16,583|49
5,230| |Sunday school|||||||||72| ||||||17,103|||17,103|5,751| |Income from charitable|activities||in 2021||related wholly to unrestricted||funds||| |c.Investments|||||||||| |Bank interest|||||714|||714|465| |Income from investments|in|2021|related||wholly to unrestricted|funds|||| |3.Expenditure
on Charitable||activities|||||||| |||||Direct|Support
&|Total|Total| |---|---|---|---|---|---|---|---| |||||Charitable|Governance||| |||||Expenditure|Costs||| |||||2022|2022|2022|2021| ||||||E||| |To advance|Christian||religion, to||||| |relieve hardship,
distress and to||poverty and
advance education||123,246|25,218|148,464|146,532| |and training|||||||| ## |LIVERPOOL CHINESE GOSPEL CHURCH|LIVERPOOL CHINESE GOSPEL CHURCH|LIVERPOOL CHINESE GOSPEL CHURCH|LIVERPOOL CHINESE GOSPEL CHURCH| |---|---|---|---| |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31srAUGUST 2022|||| |a. analysed as follows:|||| |||2022|2021| |Direct charitable
expenditure:|||F| |Staff salary costs
Pension||47,923
498|75,663
1,230| |Youth group
Nursery
Utilities||984
47
4,833|844
2,073| |Friday fellowship
Activities and events||204
1,205|427| |Repairs
Cleaning
Missions||5,704
11,108
23,200|2,186
4,901
16,510| |Fellowships
and ministries||2,179|1,311| |Evangelism
and outreach
Donations
and gifts||779
13,745|11,849| |Speakers
Worship and music
Training
Travel expenses
Conference||5,160
1,394
266|3,322
97
83
59| |Subscription
and memberships
Equipment
TV licence||1,069
2,789
159|755
766
158| |||123,246|122,234| |Support tI Governance
Staff salary costs
Pension|costs:|2022f
11,507
339|2021
E
11,461
338| |Church
office —office|costs|2,836|1,491| |Insurance||5,028|5,798| |Professional
and legal
DBSfees|fees|524
303|354
257| |Sundry
Loss on disposal offixed assets
Bank charges
Accountancy
Depreciation||93
282
900
3,406|88
630
214
860
2,807| |||25,218|24,298| |Total expenditure
on
activities|charitable|148,464|146,532| ## |N|OTES TO THE FINANCIAL STATEM|ENTS FOR THE YEA|R ENDED 3| |---|---|---|---| |||2022|2021| |b.|Staff costs|E|f| ||Gross wages and salaries|58,436|84,805| ||Social security costs|994|2,319| ||Pension|837|1,568| |||60,267|88,692| ## ## |.Tangible fixed assets||||| |---|---|---|---|---| ||Land &|Fixtures &|Music|Total| ||Buildings|Fittings|Equipment|| |Cost:
Balance at 1"September 2021|K
95,679|6
3,107|4,675|6
103,461| |Additions
in the year||4,117||4,117| |Disposals
in the year||(-)||(-)| |Balance at31"August 2022|95,679|7,224|4,675|107,578| |Depreciation:
Balance at 1"September 2021|3,422|719|889|5,030| |Charge for the year|1,711|966|379|3,056| |Disposals
in the year|(-)|(-)|(-)|(-)| |Balance at31"August 2022|5,133|1,685|1,268|8,086| |Net Book Value at 31"August
2022|90546|5539|3407|99492| |Net Book Value at 31"August
2021|92,257|2,388|3,786|98,431| ## |NOTES TO THE FINANCIAL STATEMENTS
. Right to use assets|FOR THE YEAR|ENDED 31sTAUGUST 2022| |---|---|---| ||Leasehold|Total| |Cost:||6| |Balance at 1"September 2021|343,518|343,518| |Additions
in the year||| |Balance at31"August 2022|343,518|343,518| |Depreciation:
Balance at 1"September 2021|700|700| |Charge for the year|350|350| |Balance at31"August 2022|1,050|1,050| |Net Book Value at31"August 2022|342,468|342,468| |Net Book Value at31"August 2021|342,818|342,818| |The charity has been granted a peppercorn
lease from 23" February 2001;the lease term
is 999years. As at 10'" October 2019the property
value was F350,000.||| ## |y
is 999years. As at 10
6. Debtors|
'" October 2019|
the property
value was|
F350,00| |---|---|---|---| |||2022|2021| |Prepayments||3,285|3,058| |7.Creditors: amounts|falling due within one year||| |||2022|2021| |Accruals||990|1,208| |Tax and social security||945|939| |||1,935|2,147| |8.Analysis|ofnet assets between|ofnet assets between|Funds|||| |---|---|---|---|---|---|---| |2022||||Tangible|Net|Total| |||||Fixed|Current|| |||||Assets|Assets|| |Unrestricted||Funds||6||E| |General|Fund|||99,492|253,878|353,370| |Right to|use|asset —Designated||342,468||342,468| |||||441,960|253,878|695,838| |Restricted||Funds||||| |Totals||||441,960|253,878|695,838| ## |NOTES TO THE|NOTES TO THE|NOTES TO THE|FINANCIAL|STATEMENTS|FOR THE|YEAR|ENDED 31
AUGUST|ENDED 31
AUGUST|2022| |---|---|---|---|---|---|---|---|---|---| |2021|||||Tangible||Net|Total|| ||||||Fixed|Current|||| ||||||Assets|Assets|||| |Unrestricted|||Funds||E|||F.|| |General|Fund||||98,431|236,757||335,188|| |Right to|use|asset —Designated|||342,818|||342,818|| ||||||441,960|236,757||678,006|| |Restricted||Funds|||||||| |Totals|||||441,960|236,757||678,006|| |9.Unrestricted|||funds||||||| |2022||||Funds|Income||Expenditure||Funds| |||||at beginning|||||at End| |||||ofYear|||||ofYear| ||||||||||E| |General|Fund|||335,188|166,296|||(148,114)|353,370| |Right to use
Designated||asset—||342,818||||(350)|342,468| |||||678,006|166,296|||(148,464)|695,838| |2021||||Funds|Income||Expenditure||Funds| |||||at beginning|||||at End| |||||ofYear|||||ofYear| |||||E||F.||f|E| |General|Fund|||339,096|142,274|||(146,182)|335,188| |Right to use
Designated||asset—||343,168||||(350)|342,818| |||||682,264|142,274|||(146,532)|678,006| ## ## ##