LORDSWAY
FOUNDATION
TRUSTEES
ANNUAL REPORT
2020

## **Lordsway Foundation** 

Charitable Incorporated Organisation Registered Charity Number 1183127 

## **Trustees Annual Report for the Period ended 31[st] December 2020** 

Address: 9 Darfield Avenue Owlthorpe Sheffield S20 6SU Trustees: Nicholas Lugg (Chair) Stephen Astwood Sarah Smart Erica Lugg Bankers: CAF Bank Kings Hill West Malling Kent ME19 4TA Accountant: None appointed (Independent Examination not required) Website: www.facebook.com/lordswayfoundation 



## **Report of the trustees for the period ended 31[st] December 2020** 

The trustees of Lordsway Foundation present their report and financial statements for the period ended 31[st] December 2020.  The income for the charity is below the threshold that requires independent examination, but as a charitable incorporated organisation we are required to present an annual report. 

This is the second report since registration on 25[th] April 2019. 

## **Objects and activities** 

The objects of the CIO are: 

To advance the Christian faith for the benefit of the public in accordance with the Statement of Beliefs appearing below mainly, but not exclusively through the provision of facilities for Christian training and service and the provision of assistance to the wider Christian church in its ministries in such parts of Africa and the world as the Trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the charity. 

## **Statements of Beliefs** 

1. The one true God who lives eternally in three persons – the Father, the Son and the Holy Spirit. 

2. The love, grace and sovereignty of God in creating, sustaining, ruling, redeeming and judging the world. 

3. The divine inspiration and supreme authority of the Old and New Testament Scriptures, which are the written Word of God – fully trustworthy for faith and conduct. 

4. The dignity of all people, made male and female in God’s image to love, be holy and care for creation, yet corrupted by sin, which incurs divine wrath and judgement. 

5. The incarnation of God’s eternal Son, the Lord Jesus Christ – born of the virgin Mary, truly divine and truly human, yet without sin. 

6. The atoning sacrifice of Christ on the cross: dying in our place, paying the price of sin and defeating evil, so reconciling us with God. 

7. The bodily resurrection of Christ, the first fruits of our resurrection; his ascension to the Father and his reign and mediation as the only Saviour of the world. 

8. The justification of sinners solely by the grace of the God through faith in Christ. 

9. The ministry of God the Holy Spirit, who leads us to repentance, unites us with Christ through new birth, empowers our discipleship and enables our witness. 

10. The Church, the body of Christ both local and universal, the priesthood of all believers – given life by the Spirit and endowed with the Spirit’s gifts to worship God and proclaim the gospel, promoting justice and love. 

11. The personal and visible return of Jesus Christ to fulfil the purposes of God, who will raise all people to judgement, bring eternal life to the redeemed and eternal condemnation to the lost, and establish a new heaven and new earth. 



## **The main activities in the reporting period** 

The 2019 report highlighted the discussions and arrangements made for the development of the work of Lordsway Foundation in 2020 and beyond, primarily through partnership with Lordsway Ministries in Zambia. 

Two significant factors had a limiting impact on our work in 2020.  The tragic death of Judith Astwood, one of our founding trustees, and the architect of our Sunday School teacher training programme, and the COVID-19 pandemic which prevented all travel from March. Consequently our activities in the reporting period were limited to our ongoing support of pastors and the work they are doing to develop local church congregations in their communities. 

The pandemic has had an impact in Zambia but not in the comprehensive way it has affected life in the UK, and so as the year progressed there was more mobility, and the mission teams were able to travel towards the end of the year and we were able to support these efforts practically. 

These trips involved the visit of a team to support the outreach work of a small and struggling congregation in Ndola.  This was also a training event for the team members, as Lordsway Ministries pursues the policy of practical experiential training being as important as classroom training. 

There was also a visit to Chililabombwe to inaugurate a new church congregation.  Churches spread and grow organically in Zambia as people move for the purposes of employment for example.  People are enthusiastic to establish their church in their new community, and the ministry organisation, when appropriate, may agree to connect to and support that congregation as part of a family of churches. 

It is a key element of our partnership that we can enable such mobility, in ways that the local organisation would not be able to do. 

We provided regular subsistence support for seven pastors who have extremely limited financial support.  We also provide quarterly rental support for one of these pastors that enables him to be securely accommodated, and able to conduct his ministry.  Without this external support it would be financially impossible for him to continue and consequently the church ministry would be untenable. 

We also contributed towards the costs of the administration and operation of the office and work of Lordsway Ministries as an umbrella organisation, including utility costs, fuel and vehicle maintenance and governance and legal compliance in Zambia.  This partnership and financial support makes the wider and trans local ministry of Lordsway Ministries possible. 

The previous report mentioned a proposed initiative to institute a Sunday School teacher training strategy in memory of Judith Astwood.  We received an offering from one of our regular church supporters in March 2020 of £300, which has been set aside for this project. We aim to progress the plans for this in 2021. 



## **Statement on Public Benefit** 

The trustees confirm they have had regard to and understood the Charity Commission guidance on public benefit. 

## **Contribution made by volunteers** 

The charity has no paid staff in the UK, so all work in the charity’s interest and time spent on overseas visits are all done on a voluntary basis.  The charity aims to reimburse reasonable expenses. 

## **Review of the charity’s financial position at the end of the period** 

The attached statement of accounts demonstrates that the charity was able to meet its commitments during the reporting period.  The charity’s current position is relatively secure since it has no contractual obligations, rather a commitment to use the resources it has to the greatest effect. 

## **Reserves Policy** 

The trustees do not have a current reserves policy as there are no contractual obligations on the charity.  Nevertheless the institution of a policy will be discussed in the course of 2021 as a necessary part of the evolution of the charity. 

## **Description of the charity’s trusts** 

The charity is governed by a constitution and is a CIO (Charitable Incorporated Organisation). Trustees are appointed by the board according to the provisions of the constitution which state; 

_(1) Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. (2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO._ 

Signed on behalf of the charity’s trustees 

|Signature<br>__<br>Full Name (s) ___<br>Position<br>___<br>Date<br>___||______<br> Nicholas Lugg______________<br>Chair_____________________<br>25thJanuary 2021___________|
|---|---|---|





||**Lordsway Foundation**|**Lordsway Foundation**|**Lordsway Foundation**|**Lordsway Foundation**|**Lordsway Foundation**|**1183127**|**1183127**|**CC16a**|
|---|---|---|---|---|---|---|---|---|
||**Receipts andpayments accounts**||||||||
||**For the period**<br>**from**||Period start date<br>01/01/2020||**To**||Period end date<br>31/12/2020||
||||||||||
|**Section A Receipts and payments**|||||||||
|**A1 Receipts**|**Unrestricted**<br>**funds**<br>**to the nearest      £**||**Restricted funds**<br>**to the nearest £**||**Endowment**<br>**funds**<br>**to the nearest £**||**Total funds**<br>**to the nearest £**|**Last year**<br>**to the nearest £**|
|<br>General Fund Income|**6,515**||**-**||**-**||**6,515**|**7,621**|
|OpeningBalance EquityAdjustment(2019)|**305**||**-**||**-**||**305**|**-**|
||**-**||**-**||**-**||**-**|**-**|
||**-**||**-**||**-**||**-**|**-**|
||**-**||**-**||**-**||**-**|**-**|
||**-**||**-**||**-**||**-**|**-**|
||**-**||**-**||**-**||**-**|**-**|
||**-**||**-**||**-**||**-**|**-**|
|**_Sub total_**_(Gross income for AR)_|**6,820**||**-**||**-**||**6,820**|**7,621**|
||||||||||
|**A2 Asset and investment sales,**<br>**(see table).**|||||||||
||**-**||||||**-**||
||**-**||||||**-**|**-**|
|**_Sub total_**|**-**||||||**-**|**-**|
|**_Total receipts_**<br>**A3 Payments**|||||||||
||||||||**6,820**|**7,621**|
||||||||||
|<br>Zambia operational expenditure|**2,339**||**-**||**-**||**2,339**|**2,268**|
|Mission Trips|**51**||**-**||**-**||**51**|**214**|
|Pastorspractical support|**3,704**||**-**||**-**||**3,704**|**2,303**|
|Workers Support|**245**||**-**||**-**||**245**|**138**|
|Airfares|**-**||**-**||**-**||**-**|**1,249**|
|Women's MinistrySupport|||**-**||**-**||**-**|**18**|
|UK operational expenditure|**233**||**-**||**-**||**233**|**1,932**|
||**-**||**-**||**-**||**-**|**-**|
||**-**||**-**||**-**||**-**|**-**|
|**_Sub total_ **|**6,572**||**-**||**-**||**6,572**|**8,122**|
||||||||||
|**A4 Asset and investment**<br>**purchases, (see table)**|||||||||
||**-**||||||**-**||
||**-**||||||**-**||
|**_Sub total_ **|**-**||||||**-**|**-**|
|**_Total payments_**<br>**_Net of receipts/(payments)_**<br>**A5 Transfers between funds**<br>**A6 Cash funds last year end**<br>**_Cash funds this year end_**|||||||||
||||||||**6,572**|**8,122**|
||||||||||
||**248**||||||**248**|**-                   501**|
||**-**||||||**-**|**-**|
||**55**||||||**55**|**556**|
||**303**||||||**303**|**55**|



CCXX R1 accounts (SS) 

26/01/2021 

1 



|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|
|---|---|---|---|---|
|**Categories**<br>Signed by one or two trustees on<br>behalf of all the trustees<br>**B5 Liabilities**<br>**B3 Investment assets**<br>**B2 Other monetary assets**<br>**B4 Assets retained for the**<br>**charity’s own use**<br>**B1 Cash funds**|**Details**<br>**Details**<br>**_Total cash funds_**<br>(agree balances with receipts and payments account(s))<br>**Details**<br>**Details**<br>**Details**<br>Signature|**Unrestricted**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**303**<br>OK<br>**Unrestricted**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which asset**<br>**belongs**<br>**Fund to which asset**<br>**belongs**<br>**Fund to which**<br>**liability relates**|**Restricted**<br>**funds**<br>**Endowment**<br>**funds**<br>**to nearest £**<br>**to nearest £**||
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||OK<br>OK||
||||**Restricted**<br>**funds**<br>**Endowment**<br>**funds**<br>**to nearest £**<br>**to nearest £**||
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**Cost (optional)**<br>**Current value**<br>**(optional)**||
||||**-**|**-**|
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||||**-**|**-**|
||||**-**|**-**|
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||||**Cost (optional)**<br>**Current value**<br>**(optional)**||
||||**-**|**-**|
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||||**Amount due**<br>**(optional)**<br>**When due**<br>**(optional)**||
||||**-**||
||||**-**||
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||||||
|||Date of approval<br>Print Name|||
|||NicholasLugg||25thJanuary2021|
||||||



CCXX R2 accounts (SS) 

26/01/2021 

2