life,..iurch L I C H F l E L D USTEES, ANN AL REPORT and ACC UNTS F 1.07.2023 TO. 1.12.20 RIOD: REFERENCE AND ADMINISTRATIVE DETAILS Charity name: Life Church Lichfield Charity address: Netherstowe, Lichfield, WS13 6TS Charity registration number. 1182297 Names of the charity Trustees: Trustee Name Office Comment Steve Speight Wendy Williamson Mark Andrews Juliet Smithson Leah Chilen we James Terry Chair Trustee Finance Secretary Trustee in 2023 and still today. Trustee in 2023 and still today. Trustee in 2023 and still today. Trustee in 2023 and still today. Trustees from 22 Januar 2024 Trustee from 22 Januar 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Type of governing document: CIO (Charitable Incorporated Organisationl Constitution adopted 07.07.2019. How the charity is constituted: The CIO members are the Senior Leadership Team. Trustee Appointment: New senior leaders are appointed by current senior leaders as per the constitution. There is a safeguarding policy in place. DBS checks are carried out prior to commencement of employment. trusteeship or relevant volunteer work and renewed every three years. Life Church Lichfield is a member of Thirty One: Eight who provide support and guidance for safeguarding matters. Life Church Lichfield is affiliated with The Pioneer Network of churches, who provide helpful advice, leadership and accountability. Life Church Lichfield has a leadership structure, which includes Senior Leaders, Core Team Leaders, Team Leaders and a Church Manager to carry out the day to day requirements of the church. Trustees of the charity give their time voluntarily and receive no remuneration or other benefits, with the exception of the Minister Steve Speight who is employed.
Bankers for the charity are The Co-operative Bank, PO Box 250, Delf House, Southway, Skelmersdale WN8 6. OBJECTIVES AND ACTIVITIES Summary of the purposes of the charity as set out in its governing document: The Object of the Church is for the advancement of the Christian faith and for public benefit. Summary of the main activities in relation to those are identified in the accounts. The overall programme of worship and community activity is shown below.. Worship, communion, and family services for all continued during 2023 as we welcomed many new faces into the congregation. Programmes for children and young people continued to grow and empower the younger generation. Life Groups continue to be the real connecting point of Life Church as people gathered in homes around the city during the week. Currently12 groups meet. Alpha continues as our introduction to faith of new people from the community and beyond. Lunch Club reached out once again to those who would norrnally eat alone, in the pursuit of reducing isolation. Specifically in 2023 the below was initiated or developed. We celebrated everyone who serves in Life Church with a Celebration meal in April with 70 people attending We held 3 'Love Life, Sundays to welcome people in and develop friendship with the church Saltmine theatre company visited 2 schools with their presentation 'rhyming bible, Saltmine also presented their Christmas play'peter Pan, with over 30Q non church people attending. Schools work rapidly expanded during the year under the leadership of Connor ouryouth worker. We extended the hours of our Y&K worker and Church Manager In Maywe organised a BIG Lunch to celebrate the Coronation. In June we ran a Missions evening-with Release International £70,000 was sent to further extend school building in Kenya We did a number of smaS1 alterations on the building including our Led lighting extended. Summer Coffee-mornings were held on the car park to welcome the neighbourhood to us. New'one off Worship Evenings were introduced in July & October Two teenagers were sponsored to join a youth training programme called Amplify Our annual Leadership retreat was held welcoming 30 people for the day.
We ran Christmas events and handed out a number of Christmas hampers to local families. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit: The church aims to continue to.. Provide space for worship and connection. Contribute to the spiritual and moral education of children &young people. Contribute to a better society by the provision of a lunch club to reduce social isolation and a toddler group to promote social cohesion. Provide comfort to the bereaved. Contribution made by volunteers: A great contribution is made by our partners and volunteers. We are grateful for the many hours which volunteers have spent to enable the charityto fulfil its purpose with all generations of our community. Without this valuable contribution of time, energy and expertise we would not have been able to achieve so much. Grant-making Policy: The Trustees alongside the Finance Team decide upon individuals and organisations that are to receive financial support out of the charity's assets. ACHIEVEMENTS AND PERFORMANCE Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to Society as a whole: The Saltmine Theatre Company were in 2 schools with their presentation of the Fihyming bible. Alpha welcomed many new people to explore the Christian faith. Three Love Life Sundays held in January, June and September. Weekly Youth and Children's activities AND a weekend at Whitemoor Lakes. Lunch Club- weekly serving in excess of 40 local people. The building continues to be well utilised by outside organisations.. For example: The model railway club. NHS, Foodbank. keep fit, U3A Approximately 100 people are listed as seNing on Church rotas during 2023 FUTURE PLANS We continue to aim our focus on discipleship and mission over the next years. This will be achieved primarily through our series of LIFE GROUPS. The plan is to be a church
that is not simply'sunday-centric, but develop faith and mission all week, through the Life Groups, which we are continuing to develop with more groups and greater connection. We will continue to invest time and training to the Lifè Groups and their hosts to see this develop and fulfil the vision of Life Church. FINANCIAL REVIEW Reserves Policy: This is the church's policyto hold a minimum equivalent to four month's expenditure and a maximum ofeight month's expenditure. excluding any designated funds, so as to enable it to continue operating during a short-term down- turn in its income, or to allow a period of restructuring should a longer~term down- turn occur. However this is an Unrestricted Fund and can be accessed if deemed necessary. This amounts to a min of an estimated £50,000 for the period of this report. Actual Unrestricted cash reserves held on 31" December 2023 were £721,910. Investment Selection Policy.. The church currently only invests in cash deposits with UK banks. The charity's principal source of funds continues to be partner donations. Details of any funds materially in deficit= Not applicable DECLARATION The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature: Full Name: Steve Speight Mark Andrews Position.. Chair of Trustees Finance Date.. °ty00L+ Iz },-
Life Church Lichfiekl Receipts & Payments Account: Year to 31112123 Unre5trlcted Restrlct Funds Fund$ Unrestrl¢ted Restrlcted Funds Funds Total Total Recèlpts: Do OffÈringS Gift ald s¢heEne Notè 2023 2023 2023 2022 2022 2022 89.561 30.995 37,537 3.433 127.099 34.428 108,210 25,CMO 1.214 26.513 1,473 ratin ac further chari Childrenlyourh actiMb'e5 Luncheon club in¢ome Event income 2.771 3.100 750 2,771 3.11 750 2,578 2,578 ratin actiml'es to Hire ol hall ènèrate f rt 5.634 5,634 7,316 7,316 Investmenl income recei Deposit interest Sub-total 1,403 128 581 356 195.511 175 185 138718 56,793 er recei ts (not counting as'gioss incorre'l Other incorne 1,889 1.889 1,929 3,989 Total Recèipts Payment$: bEe rrÉnts Gr8ri Mt5sitsn expeTrliture 73.948 73.948 35.226 35,226 Charitsb tim Salaries 8nd nation81 insurance Ministry lees Books & I'terathjre Motor & tra¥el eNsÈ$ ChildrenlyoLrthlgroup aCts"tr#S Life Farn1. 7 88.655 88,655 3,950 72,342 3,304 129 72,342 60 8gi 11.049 129 346 9,798 7.319 891 11,049 9.798 7.319 Su rt costs Administration expenses Heating, lighting & tsr TeEephrne Insurance Bu11n9 maintenance Miscelaneous 10.337 11.043 S24 2,450 10,337 11,043 624 2,450 15.1£7 115 10,209 5.110 10.209 5,110 624 1,989 14.30CI 274 7,187 274 7,113 115 Mana ement & admini Independent exarnination Sub-total 225.410 118,631 160,970 r Pa nEnts (rot counting as'expenditur¢'l Capit81 •4)endilure Realloc8b(Y* lsee"Restricted Fund5"1 Total Payments 2,a55 8,029 7,039 -6,029 151462 81538 232 998 16 009 Net recelpts lor thè year Cash & bank banCeS at 1st Jan Transfers In Ise8 noto 21 Cash & bank balances at 31st Dec -20,992 142,903 44.932 44,132 -55,924 187.038 13,933 128,971 17.559 26,573 31,491 155,544 121.911 131,111 142 903 44, 132
LCL Current Llabilltitrs Inv Dal? Su JBeN cItrr fr98n& 475.33 163.97 639.30 LCL RéStrkied FundA Bèw @ 3111%23 BIF CIF FLThid BU9 Fund 41.781 -35.31$ 5.472 3.728 9.200 Qeneral E*nts 139,488 -21.548 117.942 142,9r t87.035 StatemÈnt of Assets & Liabllities at 3ql12123 Unrestrl¢ted Re5tric¢ed Funds Funds Petty cash CurEenl account Deposit account 40,476 4,OOQ 5,200 121910 Qft ald ckim th arl Fund Unrestricted ImStricted Cost 382.645 Church buikJirvJ Fixtures. filb.rw and eqUIpnt 414,542 Fund Unrestricted Unr&strictsd AmDUrt d 639 1863 . 2.51Y2 CurrÉnl llabfili¥es- suppThers Taxation and social security 1. Trustee salarios and expenses TrLtstees 58lari88 paid Trustees ewses paid d3,644 4.779 48.424 2. Trustètt Ex Gfatia Payment Jafof the trust88S Oats of proval
Independent examiner's report to the trustees of Life Church Lichfield Charitable Incorporated Organisation I'the CIO'I I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 Decernber 2023. Responsibilitles und bo515 of report As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirement5 of the Charities Art 20111'the Act'l. I report in respect of my examination of the CIO'S accounts carried out under section 145 of the Act. In carrying out my examination I have followed all the applicable Dirertions given by the Charity Commission under section 1451Sllbl of the 2011 Act. Independent examlner's stutement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 8iving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by section 130 of the Act- or 2. the accounts do not accord with those record5. I have no concerns and have come across no other matters in tonnection with the examination to which attention should be drawn in this report in order to enable proper understanding of the accounts to be reached. Signed Date i?IL ?&2¥ lan Barnes FCA 39 Smiths Way Water Orton Birmingham B46 ITW