2022-12-31-accounts

Charity information
Trustees report .		2-7
Statement oftrustee's responsibilities .....
Independent Auditors report
Consolidated Statement ofFinancial Activities ...
Consolidated Balance Sheet		15
Charity Balance Sheet		16
Consolidated statement ofcashflows ....		17
Notes to the financial statements	..........	18-7?

Charity registration	Charity registration	number	1185953
Company	registration	number	11973632
Governing	Instrument		Memorandum And Articles		Incorporated		1May 2019
Trustees			P FManchester
			Pastor J M James
			Pastor LBryant (appointed		29June 2022)
			J Dowds (appointed	29June	2022)
			RVAtkin (appointed	28September 2022)
			Jgarnes (appointed	28September 2022}
			M AWalker (resigned 29June 2022)
			EM FAjayi (resigned	28September 2022)
			S D Gambill (resigned	14December 2022)
Registered	Office		Life Church Ministries
			Wapping Road
			Bradford
			BD3OEQ
Independent	Auditor		Torevell Dent (Audit)	LLP
			Statutory Auditors and Chartered			Certified	Accountants
			1-3StAnn's Place
			Pelion Lane
			Halifax
			HX1 SRB
Bankers			Barclays Bank Pic
			10Market Street
			Bradford
			BD1 1EG

			Unrestricted	Restricted	Total	Total
		Notes	Fundsf	Fundsf	Funds 2022f	Funds 2021 f
Income
Donation and Legacies	3		1,418,648	158,033	1,576,681	7,870,392
Other Trading Activities	4a		247,207	30	247,237	402,841
Charitable Activities	5		71,698	15,440	87,138	106,827
Investments	6		130		130	35
Other	7		(57,401)		(57,401)	279,906
Total Income			WB2
Expenditure
Charitable Activities	8		1,666,138	113,278	1,779,416	2,249,730
Other Expenditure	4b		537,829		537,829	394,577
Net Income/(Expenditure)	20		(523,685)	60,225	(463,460)	6,015,694
Transfers Between Funds	20
Reconciliation Of Funds
Total Funds 8/Fwd	20		5,698,126	317,568	6,015,694
Total Funds C/Fwd	20				~54	605 9

			Notes	2022			2021
Cashflows from operating	activities
Net (outgoing)/incoming	resources	before other
recognised gains/(losses)					(463,460)		6,015,694
Depreciation					218,164		202,977
(Gain)/Loss on disposal offixed assets							(2,140)
Interest received			6		(130)		(35)
Interest paid			12		29,906		14,754
(Increase)/decrease in stock					(5,061)		5,550
Decrease in debtors					58,685		75,107
(Decrease) in creditors					(31,080)		(305,815)
Gifts ofnet assets from Life Church		UK			384,848		(5,719,849)
Net cash inflow from incoming resources					191,872		286,243
Cashflows from investing	activities
Interest received				130		35
Purchase oftangible fixed	assets			(2,300)		(61,062)
Proceeds from sale oftangible fixed		assets				2,428
					(2,170)		(58,599)
Cashflows from financing activities
Proceeds from new loans						540,000
Repayment ofloans				(50,188)		(150,948)
Repayment offinance lease liability				(15,911)		(13,328)
Interest paid			12	(29,906)		(14,754)
Net cashflow from financing activities					(96,005)		360,970
Net increase in cash and cash equivalents					93,697		588,614
Cash and cash equivalents	acquired;	gift of
net assets from Life Church	UK 1january 2021						151,597
Cash and cash equivalents	at 29December 2022		17				~42

				Unrestricted	Unrestricted	Unrestricted		Restricted	Restricted	Total2022	Total2022	Total 2021	Total 2021
						E					E		E
Gifts from charities or organisations						854		28,901			29,755	5,719,849
Gift Aid recovered					147,884				1,020		148,904	223,531
Regular giving	and capital donations				1,269,910			128,112			1,398,022	1,927,012
					XAQ~
4.Income from	trading activities ofsubsidiary
The Chairty has	one wholly owned trading		subsidiary.			Abundant		Life Resources		Limited (Note		14)which isincorporated		in
England and Wales sells merchandise		related		to	the	Charity's	objectives through				a shop, mail	order	and via the internet.
Funds are also raised by hosting conferences for					external organisations.				When	available, distributable			profits are donated
tothe charity under Gift Aid.
						Unrestricted		Restricted			2022		2021
											E		E
4a.Income resources
Merchandising	and events (other trading
activities in SOFA						247,207			30		247,237	402,841
Other operating	income (other income in
SOFA)													81,185
Profit on disposal offixed assets (Other incom&
on SOFA)													30
													40 6
											2022		2021
											E		E
4b.Expenditure
Merchandising,	events and administration		costs								537,829		394,577

							Unrestricted	Restricted	2022	2021
Educational	and training		activities				55,795	15,440	71,235	98,031
Worship, celebration,		and youth events					15,903		15,903	8,796
6.Income from charitable			activities
									2022 f	2021f
Interest	received								130	35
7.OtherIncome
									2022	2021
										f
	Government		Grant Job Retention				Scheme			239,708
	Other income								81,642	38,058
	Profit on disposal			offixed		assets			(139,043)	2,140
B.Expenditure	on charitable		activities
							Unrestrictedf	Restricted f	2022 Total	2021 Total
Charity Objectives
Ministry support —individuals				and						31,617
organisations							57,317	105,817	163,134
Staffcosts							930,718	1,551	932,269	1,320,450
Marketing and publicity							23,627	571	24,198	13,733
Provision and	maintenance		of	Premises		and
Equipment							343,827	300	344,127	358,529
Administration	cost						104,263	5,039	109,302	290,200
Depreciation							174,686		174,686	154,399
									~17477 6
Governance Costs
Audit Services							3,700		3,700	30,000
Professional Fees							28,000		28,000	50,802
Total expenditure on charitable					activities		38$i~g			~49930

fiiotes toth	e consolidated fin	e consolidated fin	ancial statements continued
9.Auditors	remuneration.
				2022	2021
				Total	Total
Fees payable tothe		Charity's	auditor for the
audit ofthe Charity's		annual	accounts	26,700	30,000
				~27

			2022	2021
Salaries and other short- term employee		benefits	247,235	305,141
Social Security costs			32,140	35,466
Defined contribution	pension costs		4,945	6,145
				~752

Notes tothe consolidated financial statements continued	Notes tothe consolidated financial statements continued
11Staffcosts and employee benefits
		2022	2021
Wages and salaries		848,964	1,169,069
Social security		76,842	91,674
Defined contribution	pension costs	19,210	20,886
Other staff costs		15,505	11,821
			~130 5
		2022	2021
Number ofemployees	receiving benefits
{excluding employers	pension costs]
which fell within 680,000 - E90,000
Average number ofemployees
12Interest Payable and similar expenses
		2022	2021
Bank loan and overdrafts		27,010	12,937
Finance charges payable under finance leases		2,896	1,817
			147 4

13Tangible Fixed Assets
	Freehold		Fixtures,	Computer &
	land &	Leasehold	Fittings &	Media
GROUP	Buildings	Improvementsf	Equipmentf	Equipment f	Totalf
Cost or revaluation
At1January 2022	6,779,709	246,372	312,609	340,442	7,679,132
Additions				2,300	2,300
Disposals	(34,136)	(129,077)	(25,519)	(1,459)	(190,191)
As at29December 2022	~47
Depreciation
At1January 2022	58,874	37,228	70,312	227,786	394,200
Charge for year	57,509	24,637	102,879	33,139	218,164
Elim on disposal As at29December 2022		(23,811) ~54	(17,247) ~	(802) ~	(41,860) ~0
Net book valbe 2022		~741	~i		(b9~073
Net book value 2021					~72

	Freehold		Fixtures,	Fixtures,	Computer &
	Land &	Leasehold	Fittings &		Media
CHARITY	Buildings E	Improvements f	Equipment E		Equipment E	Total E
Cost or revaluation
At1January 2022	6,779,709	160p464	225,749		57,451	7,223p373
Additions
Disposals	(34,136)	(129,077)	(14,922)			(178,135)
As at 29December 2022
Depreciation
At 1January 2022	58,874	20,046		48,106	24,308	151,334
Charge for year	57,509	16,046		79,897	21,233	174,685
Elim on disposal		(23,811)		(7,567)		(31,378)
As at29December 2022
Net book value 2022
Net book value 2021		~41	~1			~7

			Charity 2022	Charity 2022	Charity 2021
				Total	Total
Investment	in subsidiaries
Subsidiary	Company				Percentage of
		Nature of	Number/	Class	authorised
		Business	ofShares	held	share capital
Momentum	AV Ltd
(Company	number 04198813)	Dormant	1Ordinary		100%
Abundant	Life Music Limited
(Company	number 05194693)	Dormant	1Ordinary		100%
Abundant	Life Resources Limited	Merchandising
{Company	Number 04375729)	and conferences	1Ordinary		100SS

			Group 2022 E	Charity 2022 f	Group 2021	Charity 2021f
Cash and cash equivalents		in the
statement ofcashflows			93,697	89,326	740,211	659,662
Cash at bank
18Creditors: Amounts	falling due within 1year
			Group 2022	Charity 2022	Group 2021	Charity 2021
				E		f
Trade creditors			82,541	33,253	113,621	80,737
Other creditors			320		56,921	4,147
Bankloans			552,962	552,962	552,962	552,962
Hire purchase			18,674		17,140
Taxation and social security			95,206	34,078	91,236	24,218
Other loans			100,000	100,000	100,000	100,000
Accruals and deferred	income		127,619 ~2	10,658 ~01	136,241	63,534

			Net incoming		Balance asat 29
		Balance B/fwdf	resources E	Transfers E	December 2022 E
Unrestricted
General		3,509,471	(523,685)		2,985,78
Designated
Cherish Foundation		39,128			39,128
Christmas	Funds	2,312			2,312
Revaluation	Reserve	2,147,215			2,147,215
					5~7444
Restricted
SHE Kindness	Kitty	18,591			18,591
We are one		29,009	48,649	(55,184)	22,474
Mortgage		192,954		(7,200)	185,754
Compassion		6,800	11		6,811
Conferences		3,229	4,475		7,704
Uganda		3,238	1,095	(4,826)	(493)
Daycare —CAP collection		33			33
Barnados			550	(550)
Life College			15,440		15,440
YE Movement	Hampers	29,570	16	(465)	29,121
Christmas 2020		16,749			16,749
Ukrainian Crisis			89,642	(33,074)	56,568
Rock Nation Vision Rescue			22		22
Easter 2022			1,468	(9,694)	(8,226)
Winter BoxAppeal		17,395	2,134	(2,284)	17,245
Christmas 2022			10,000		10,000
				1 27