2021-12-31-accounts - The Liverpool Gospel Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 30 September 2020 To 31 December 2021

Charity name: Liverpool Gospel Trust Charity registration number: 1191547

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The advancement of the Christian religion as this is set forth in the doctrine of the Church of England for all those within the Diocese of Liverpool (or in such other places as the Trustees shall in their absolute discretion decide from time to time), by supporting, through the making of grants or otherwise the following: a.The provision and maintenance of facilities for public worship; b.The provision of appropriately trained people for the conduct of public worship and provision of pastoral care; c.Outreach and evangelism; and d.The promotion of the awareness and understanding of the doctrine of the Church of England. e.Any other exclusively charitable purpose or purposes (according to the Law in England and Wales) which the trustees shall in their absolute discretion determine from time to time.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The Charity has raised limited funds, but anticipates the receipt of significantly greater donated funds before beginning, by the making of grants and otherwise, to apply funds towards achieving the objects/purposes set out above, and thus for the public benefit.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees continue to have due regard to the Charity Commission’s guidance in What Makes a Charity (CC4), the Public Benefit Framework, Running a Charity (PB2) and Public Benefit: reporting (PB3).

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference

Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
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.	Para 1.20	As referred to above, the Charity has raised limited funds, but awaits the anticipated receipt of significantly greater funds before applying the same, by the making of grants and otherwise, towards achieving the objects/purposes set out above, and thus for the public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41

Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	In the period ended 31 December 2021, the Charity raised £7,679 in donations, which it holds in its bank account pending the anticipated receipt of further more significant funds.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Charity will develop a policy for holding reserves once the way in which it will seek to achieve its objects/purposes has become more developed on the receipt of further more significant funds. There is presently no need for any such policy.
Amount of reserves held	Para 1.22	£7,679 as at 31 December 2021
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	There are no such uncertainties.

Details of fund materially in deficit Para 1.24 Explanation of any uncertainties about the charity continuing as a going concern Para 1.23	Details of fund materially in deficit Para 1.24 Explanation of any uncertainties about the charity continuing as a going concern Para 1.23	N/A There are no such uncertainties.
Additional information (optional) You may choose to include further statements		where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	CIO “Foundation” Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	The Charity’s CIO Constitution provides for the appointment of first charity trustees for fixed periods of between 1 and 3 years, and for subsequently appointed trustees to be appointed for a term of three years by resolution passed at a properly convened meeting of the charity trustees. In selecting trustees for appointment, the trustees are required to have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The trustees have identified a need to have represented amongst the trustees the following skills, namely: - Financial/Investment - Property ownership and management - Ministry (teaching, leading) - Governance/Legal and operational

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Liverpool Gospel Trust
Other name the charity uses
Registered charity number	1191547
Charity’s principal address	C/O Brabners LLP Horton House Exchange Flags LIVERPOOL L2 3YL

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee(if any)
Peter Mark Cawson	Chair	CIO Constitution – First trustee
Timothy David Hanson		CIO Constitution – First trustee
Nicholas Cecil John Bewes		CIO Constitution – First trustee

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Additional information (optional) Names and addresses of advisers (Optional information)	Additional information (optional) Names and addresses of advisers (Optional information)	Additional information (optional) Names and addresses of advisers (Optional information)
Type of adviser Name Address
Solicitors	Brabners LLP	Horton House Exchange Flags LIVERPOOL L2 3YL

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	PETER MARK CAWSON
	CHAIR OF TRUSTEES
	22.10.22
	22.10.22

----- Start of picture text -----
LIVERPOOL GOSPEL TRUST 1191547
Receipts and payments accounts CC16a
For the period Sep 30, 20 Dec 31, 21
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 7,679 - - 7,679 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
7,679 - - 7,679 -
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total [ - ] - - - -
Total receipts 7,679 - - 7,679 -
A3 Payments
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total - - - - -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
Total payments - - - - -
Net of receipts/(payments) 7,679 - - 7,679 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 7,679 - - 7,679 -
----- End of picture text -----

Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted Endowment Categories Details funds funds funds to nearest £ to nearest £ to nearest £ B1 Cash funds Cash at Bank 7,679 - - - - - - - - Total cash funds 7,679 - - (agree balances with receipts and payments account(s)) OK OK OK Unrestricted Restricted Endowment funds funds funds to nearest £ to nearest £ to nearest £

Details

B2 Other monetary assets		- - - - - -		- - - - - -		- - - - - -
B3 Investment assets	Details	Fund to which asset belongs	Cost (optional) - - - - -		- - - - - Current value (optional)
B4 Assets retained for the	Details	Fund to which asset belongs	Cost (optional) -		- Current value (optional)
charity’s own use				- - - - - - - -		- - - - - - - -
		Fund to which	Amount due		When due
B5 Liabilities	Details	liability relates	(optional)	- - - - -	(optional)
Signed by one or two trustees on behalf of all the trustees	Signature	Print	Name		Date of approval