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2023-12-31-accounts

The Charity Registration Number is :- 1196438

Life Church Wirral

Report and Accounts

31 December 2023

Life Church Wirral

Report and accounts for the year ended 31 December 2023

Contents

Page
Charity information 1
Trustees' Annual Report 1
Statement of directors' responsibilities 6
Independent Accountant's Report 7
Funds Statements:-
Statement of Financial Activities 9
Statement of Financial Activities - Prior Year statement 10
Movements in funds 11
Income and Expenditure account 12
Balance sheet 13
Notes to the accounts 14

Life Church Wirral

Trustees' Annual Report for the year ended 31 December 2023

The Trustees present their Report and Accounts for the year ended 31 December 2023.

Reference and administrative details

The charity name.

The legal name of the charity is:- Life Church Wirral.

The charity is also known by its operating name, Life Church.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1196438.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as an unincorporated charity, established by Trust Deed. The governing document of the charity is the Trust Deed establishing the charity.

The governing document is dated 05 November 2021

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

The trustees are all individuals.

The principal operating address, telephone number, email and web addresses of the charity are:-

1A Old Chester Road Bebington, Wirral Merseyside, CH63 7LA Telephone 0151 645 5955

Email Address info@mylifechurch.co.uk Web address mylifechurch.co.uk

The Trustees in office on the date the report was approved were:-

Mr Jonathan McIlveen Mr Colin Jolliffe Mrs Nicola Harris Mr Aaron Partington Mrs Hazel Fleming

The following persons served as Trustees during the year ended 31 December 2023 :-

The trustees who served as a trustee in the reporting period were as shown above and Mr Jamie Wade Mrr Simon Harper

All the trustees are also members of the charity.

1

Life Church Wirral

Trustees' Annual Report for the year ended 31 December 2023

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

The advancement of the Christian faith and the extension of the kingdom of God and other charitable activities

The main activities undertaken in relation to those purposes during the year.

The main activities undertaken during the year to further the charity's purpose for the public benefit.

The main achievements and performance of the charity during the year.

2

Life Church Wirral

Trustees' Annual Report for the year ended 31 December 2023

The difference the charity's performance during the year has made to the beneficiaries of the charity.

The degree to which the achievements and performance during the year have benefited wider society.

3

Life Church Wirral

Trustees' Annual Report for the year ended 31 December 2023

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

Trustees are appointed by the Senior Minister from the body of the church in accordance with the Declaration of Trust and the AOG Constitution.

Santander - Head Office, Sheffield S9 2EG

Bankers Santander - Head Office, Sheffield S9 2EG Accountants KBH Accountants Ltd. 255 Poulton Road, Wallasey CH44 4BT

Financial review

The charity's financial position at the end of the year ended 31 December 2023

The financial position of the charity at 31 December 2023 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Restricted Revenue Funds
Total Funds
Unrestricted Revenue Funds available for the
general purposes of the charity
Net income		 2023
£
(41,467)
120,877
25,342
146,219		 2022
£
187,686
178,735
8,951
187,686

Financial review of the position at the reporting date, 31 December 2023 .

The trustees consider the financial performance by the charity during the year to have been good. The charity was able to undertake large roofing repair work at the Bebington location at an expense of £76,000 during 2023 that had been much needed for many previous years. The trustees and Senior Leadership extend their thanks to the dedicated and generous giving of our church attendees that help the charity maintain a positive financial position.

Policies on reserves.

It is trustees policy to maintain a balance on unrestricted funds which equates to approximately one months' unrestricted payments.

At 31 December 2023 unrestricted reserves amounted to £120,877 (2022 - £178,735).

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

4

Life Church Wirral

Trustees' Annual Report for the year ended 31 December 2023

Details of The Independent Examiner

Olivia Bazley Higgins FCCA

Member of Chartered Certified Accountants

255 Poulton Road Wallasey Wirral Merseyside CH44 4BT

5

Life Church Wirral Trustees. Annual Report for the year ended 31 December 2023 Statement of Trustees. Responsibilities The charitys Iruslees are responslble for the prep8181ion of the 8ccounls in accord8nc8 with the 18rm8 of the Charities Act 2011 and the Charities IA¢¢ounts and Reports) Regulations 2008. Nolwilhstanding the expllcit requirement in the extarFI 51alulory regulalions.the Charities IA¢counL8 and Reports) Regulations 2008, 10 prepare the financial statements in gceordance with the SORP 2005. in ￿leW of the fact that th8 SORP 2005 has been Wilhdrawn. the Trustees Oelermined ltr interpret this re5ponsibilily 85 requirillg Ihern to follow current best pr8Ctice and pr8pare th& accounts according to IhÈ FRS 102 SORP Islatemenl ol ReGomrnended Practice for Accounting 8nd Reporting by Chariti8sI 2019, applic8ble lo all accounting periods beginnlng on or after 1st January 20191, (The SORPI, In partieular, charity law rèquires the Trustees. if they prepare accounts on an accruals basis, to pr8p8re financial statements for ea¢h financial year whi¢h glve a true and lair view of the slate ol affairs of the charity as at the end of the fin8ncial year and of the surplus or defirit of the charity. In proparing those financial slalemenls the Trustees ara required to:. to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounlino Standards and applicable lawl. S818Ct suitabl8 accounting polides and apply them ¢onsislently'. rnake judgetnen15 and eslirnales that are reason8ble and prudent., prepare the financial statements on the going concem basis unless il is inappropriale (o presum8 that th8 ehaiity ￿ryI1 colllinue In buslness., slate whether applicable accounting standards and statemenls of ¢ommended practice have been followed. subje¢l to any materlal departures disclosed and explained in the financial statem8nts', The law requires that Ihe trustees must not approve the accounts unless they are satisfied that they gi￿ a true and fair view of the slate of aftairs of the charity and of the surplus or deficit of the charity for the year. The Trustees are also responsible lor mainlaln5ng adequaie accounting records which dlsc1056 Wlth r8asonable accuracy al any time lh8 financial position of the charily and which are sufficiènt to show and explaln the chariws transactions and enable them to ensuTe that the fin8nclal staternents cornply with regulations made under the Charities Act 2011. They are also responsible lor safeguarding the assets ol the charity and h8nc8 for taking reasonable steps for the pr8venlion and d8teclion of fraud and other irreqularihes. Th8 Trusl88s are also responsibl8 for Ihe conlents of the Trustees, report, and Ihe statutory responsibility of the Independent Examiner in relation to the Tiuslees, report is lirniled lo examining the report and ensuring that, on th8 face of the report. there ar8 no material inconsistencies wlh the figures dis¢losed in the financlal statements. This r8POrt W8s approved by the board of Irus18es on 1674 2024. Jonathan Mcllveen Trustee

Life Church Wirral

Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 December 2023

I report to the Trustees on my examination of the financial statements of the charity on pages 9 to 30 for the year ended 31 December 2023 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) adapted to meet the needs of unincorporated organisations, as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 14.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 6, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

7

Life Church Wirral - Statement of Financial Activities for the year ended 31 December 2023

Statement of Financial Activities for the year ended 31 December 2023

Current year
Unrestricted
Funds
2023
£
Income & Endowments from:
Donations & Legacies
A1
307,390
Charitable activities
A2
32,740
Other trading activities
A3
3,031
Investments
A4
3,878
Total income
A
347,039
Expenditure on:
Raising funds
B1
6,676
Charitable activities
B2
398,221
Total expenditure
B
404,897
Net income for the year
(57,858)
Net income after transfers
A-B-C
(57,858)
(57,858)
Reconciliation of funds:-
E
Total funds brought forward
178,735
Total funds carried forward
120,877
Net movement in funds
SORP
Ref		 Current year
Restricted
Funds
2023
£
46,767
-
-
-
46,767
-
30,376
30,376
16,391
16,391
16,391
8,951
25,342		 Current year
Total Funds
2023
£
354,157
32,740
3,031
3,878
393,806
6,676
428,597
435,273
(41,467)
(41,467)
(41,467)
187,686
146,219		 Prior Year
Total Funds
2022
£
330,124
13,888
502
429
344,943
3,047
154,210
157,257
187,686
187,686
187,686
-
187,686

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations

The notes attached on pages 14 to 30 form an integral part of these accounts.

9

Life Church Wirral - Statement of Financial Activities for the year ended 31 December 2023

Life Church Wirral - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP

Income & Endowments from:
Donations & Legacies
A1
Charitable activities
A2
Other trading activities
A3
Investments
A4
Other
A5
Total income
A
Expenditure on:
Raising funds
B1
Charitable activities
B2
Total expenditure
B
Net income for the year
Net income after transfers
Other recognised gains/(losses)
Reconciliation of funds:-
E
Total funds brought forward
Total funds carried forward
SORP
Ref
Net movement in funds		 Prior Year
Unrestricted
Funds
2022
£
304,865
13,888
502
429
-
319,684
3,047
137,902
140,949
178,735
178,735
-
178,735
-
178,735

 Prior Year
Restricted
Funds
2022
£
25,259
-
-
-
-
25,259
-
16,308
16,308
8,951
8,951
-
8,951
-
8,951		 Prior Year
Total Funds
2022
£
330,124
13,888
502
429
-
344,943
3,047
154,210
157,257
187,686
187,686
-
187,686
-
187,686

All activities derive from continuing operations

The notes attached on pages 14 to 30 form an integral part of these accounts.

10

Life Church Wirral - Statement of Financial Activities for the year ended 31 December 2023

Life Church Wirral - Resources applied in the year ended 31 December 2023 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA
Resources applied on functional fixed assets
Other applications of funds
Net resources available to fund charitable activities		 2023
£
-
-
-
-		 2022
£
187,686
(137,920)
-
49,766

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.

The notes attached on pages 14 to 30 form an integral part of these accounts.

Movements in revenue and capital funds for the year ended 31 December 2023

Revenue accumulated funds

Unrestricted
Funds
2023
£
Accumulated funds brought forward
178,735
(57,858)
120,877
Closing revenue funds
120,877
Summary of funds
Unrestricted
and
Designated funds
2023
£
Revenue accumulated funds
120,877
Recognised gains and losses before
transfers		 Restricted
Funds
2023
£
8,951
16,391
25,342
25,342
Restricted
Funds
2023
£
25,342		 Total
Funds
2023
£
187,686
(41,467)
146,219
146,219
Total
Funds
2023
£
146,219		 Last year
Total Funds
2022
£
-
187,686
187,686
187,686
Last Year
Total Funds
2022
£
187,686

The notes attached on pages 14 to 30 form an integral part of these accounts.

11

Life Church Wirral - Statement of Financial Activities for the year ended 31 December 2023

Life Church Wirral

Income and Expenditure Account for the year ended 31 December 2023 as required by the Companies Act 2006

Income
Income from operations
Refunds from HMRC on gift aided donations
Interest receivable
Gross income in the year before exceptional items
Gross income in the year including exceptional items
Expenditure
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Fundraising costs
Governance costs
Interest payable
Realised losses on disposals of social investments which are programme related
Total expenditure in the year
Tax on surplus on ordinary activities
Retained surplus for the financial year
Net income after tax in the financial year
Net income before tax in the financial year
Investment income and interest		 2023
£
332,998
56,930
3,878
393,806
393,806
380,191
396
6,676
43,958
4,052
-
435,273
(41,467)
-
(41,467)
(41,467)		 2022
£
324,445
20,069
429
344,943
344,943
127,313
424
3,047
25,475
998
-
157,257
187,686
-
187,686
187,686

All activities derive from continuing operations

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 14 to 30 form an integral part of these accounts.

12

Life Church Wirral - Balance Sheet as at 31 December 2023

SORP
Note Ref 2023 2022
£ £
Fixed assets A
Tangible assets 12 A2 137,100 137,496
Current assets B
Debtors 13 B2 122 -
Cash at bank and in hand B4 72,553 117,938
Total current assets 72,675 117,938
Creditors: amounts falling due within
one year 14 C1 (1,300) (4,227)
Net current assets 71,375 113,711
Net assets 208,475 251,207
Creditors: amounts falling due after more
than one year 15 C2 (62,256) (63,521)
The total net assets of the charity 146,219 187,686
The total net assets of the charity are funded by the funds of the charity, as follows:-
Restricted funds
Restricted Revenue Funds 19 D2 25,342 8,951
Unrestricted Funds 25,342 8,951
Unrestricted Revenue Funds 19 D3 120,877 120,877 178,735 178,735
Total charity funds 146,219 187,686

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 8.

The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Aaron Partington

Trustee Approved by the board of trustees on __ 2024 16th July

The notes attached on pages 14 to 30 form an integral part of these accounts.

13

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2023

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Going Concern

The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to 31 December 2023, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Dividends are accrued when the shareholder’s right to receive payment is established.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

14

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2023

Donated goods, facilities and services

Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.

Donated goods that are not fixed assets are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.

In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.

If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.

The costs of goods donated for distribution to beneficiaries is deemed to be the fair value of those goods upon receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.

The carrying amount of any stock held for distribution is assessed for impairment at the reporting date. All donated goods are recognised as donation income, and debited to trading stock.When trading stock is subsequently sold, or appropriated to meet an expense, then the carrying value of the stock is recognised as an expense. In accordance with the SORP, goods donated for distribution to beneficiaries, or for consumption by the charity are included in 'legacies and donations '. Goods donated for resale are included in 'Income from other trading activities'

The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt. If the goods held are to be distributed freely or for a nominal consideration, then the carrying amount is subsequently adjusted to reflect the lower of deemed cost adjusted for any loss of service potential and replacement cost. Replacement cost is the economic cost incurred if the charity was to replace the service potential of the donated goods at its own expense in the most economic manner.

Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the charity.

All donated services and facilities are recognised as donation income when received,(provided the value of the gift can be measured reliably) and recognised as an expense with an equivalent value.

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

15

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2023

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Freehold premises 0 % straight line Plant and machinery 10 % straight line

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Creditors and provisions

Creditors are measured at their payable amounts at the balance sheet date.

Pensions - defined contribution schemes

The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.

There are no endowment funds.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Significance of financial instruments to the charity's position

There are no significant implications of such matters.

16

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2023

5 Net surplus before tax in the financial year

The net surplus before tax in the financial year is stated after charging:-
Depreciation of owned fixed assets
Trustees' remuneration
Pension costs
6
Interest payable
Loan interest		 2023
£
396
42,250
2,159
2023
£
4,052		 2022
£
424
24,208
840
2022
£
998

7 The contribution of volunteers

The charity depends on the support of its volunteers, which is much appreciated. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements. All volunteers who work with children and vulnerable adults are subject to DBS checks.

8 Staff costs and emoluments

Salary costs
2023
£
Gross Salaries excluding trustees and key management personnel
125,376
Employer's National Insurance for all staff
7,244
Employer's operating costs of defined
contribution pension schemes
2,159
Trustees' Remuneration as detailed in note 11
42,250
Other benefits paid to trustees, as detailed in note 11
1,058
Total salaries, wages and related costs
178,087
The average number of part time staff employed in the year was
6
The average number of full time staff employed in the year was
3
The estimated full time equivalent number of all staff employed in the year was
7
The estimated equivalent number of full time staff deployed in different activities in the year was:-
Engaged on charitable activities
7
The estimated full time equivalent number of all staff employed as above
7
The details of remuneration paid to trustees is shown in note 11		 2022
£
69,943
2,139
840
24,208
617
97,747
12
2
8
8
8

No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.

9 Defined contribution pension schemes

Any liabilites and assets associated with the scheme are shown under debtors and creditors.

10 Defined benefit pension scheme

Any liabilites and assets associated with the scheme are shown under debtors and creditors.

17

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2023

11 Remuneration and payments to Trustees and persons connected with them

Remuneration payable to trustees or connected persons
Aaron Partington
Total remuneration
12 Tangible fixed assets
Current Year
Cost
At 1 January 2023
At 31 December 2023
Depreciation
At 1 January 2023
Charge for the year
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022
Prior Year
Cost
01 January 2022
Additions
31 December 2022
Depreciation
01 January 2022
Charge for the year
31 December 2022
Net book value
31 December 2022
31 December 2021		 Land and
Buildings
£
125,200
125,200
-
-
-
125,200
125,200
Land and
Buildings
£
-
125,200
125,200
-
-
-
125,200
-		 Plant &
Machinery
£
12,720
12,720
424
396
820
11,900
12,296
Plant &
Machinery
£
-
12,720
12,720
-
424
424
12,296
-		 2023
£
42,250
42,250
Motor
Vehicles
£
-
-
-
-
-
-
-
Motor
Vehicles
£
-
-
-
-
-
-
-
-		 2022
£
24,208
24,208
Total
£
137,920
137,920
424
396
820
137,100
137,496
Total
£
-
137,920
137,920
-
424
424
137,496
-

18

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2023

13 Debtors
Other debtors
14 Creditors: amounts falling due within one year
Other creditors
15 Creditors: amounts falling due after one year
Bank loans and overdrafts
16 Income and Expenditure account summary
At 1 January 2023
Surplus (deficit) after tax for the year
At 31 December 2023
17 No related party transactions		 2023
£
122
2023
£
1,300
2023
£
62,256
2023
£
187,686
(41,467)
146,219		 2022
£
-
2022
£
4,227
2022
£
63,521
2022
£
-
187,686
187,686

There were no transactions with related parties in the year , except with regard to trustees' remuneration, fully disclosed in notes 11 above.

18 Particulars of how particular funds are represented by assets and liabilities

At 31 December 2023
Tangible Fixed Assets
Current Assets
Current Liabilities
Long Term Liabilities
At 1 January 2023
Tangible Fixed Assets
Current Assets
Current Liabilities
Long Term Liabilities		 Unrestricted
funds
£
137,100
47,333
(1,300)
(62,256)
120,877
Unrestricted
funds
£
137,496
108,987
(4,227)
(63,521)
178,735		 Designated
funds
£
-
-
-
-
Designated
funds
£
-
-
-
-
-		 Restricted
funds
£
-
25,342
-
-
25,342
Restricted
funds
£
-
8,951
-
-
8,951		 Total
Funds
£
137,100
72,675
(1,300)
(62,256)
146,219
Total
Funds
£
137,496
117,938
(4,227)
(63,521)
187,686

19

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2023

19 Change in total funds over the year as shown in Note 18 , analysed by individual funds

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Total unrestricted and designated funds
Restricted funds:-
Youth Hub
Warm Spaces
Neston Christian Fellowship
Total restricted funds
Total charity funds		 Funds brought
forward from
2022
£
178,735
178,735
8,951
-
-
8,951
187,686		 Movement in
funds in 2023
See Note 20
£
(57,858)
(57,858)
3,247
4,589
8,555
16,391
(41,467)		 £
-
-
-
-
-
-
-
Transfers
between
funds in 2023		 Funds carried
forward to
2024
£
120,877
120,877
12,198
4,589
8,555
25,342
146,219

20 Analysis of movements in funds over the year as shown in Note 19

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Restricted funds:-
Youth Hub
Grant for Roof
Warm Spaces
Neston Christian Fellowship
Church Revitalisation		 Income
2023
£
347,039
24,623
3,000
4,589
12,555
2,000
393,806		 Expenditure
2023
£
(404,897)
(21,376)
(3,000)
-
(4,000)
(2,000)
(435,273)		 Other
Gains &
Losses
2023
£
-
-
-
-
-
-
-		 Movement
in funds
2023
£
(57,858)
3,247
-
4,589
8,555
-
(41,467)

20

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2023

21 The purposes for which the funds as

Unrestricted and designated funds:-

Unrestricted Revenue Funds These funds are held for the meeting the objectives of the charity, and to
provide reserves for future activities, and , subject to charity legislation, are
free from all restrictions on their use.
Restricted funds:-
Youth Hub Life Youth Hub exists to positively transform the lives of young people
through mentorship and relationship building at the Youth Hub drop in
service. Grant funding received for this initiative are to be used for the Youth
Hub and no other areas of the charity.
Grant for Roof Benefact Trust - The grant fund received that is designed to provide support
to churches and Christian organisations and the communities they help. The
money received was given to help fund the expense of the roof repairs at
Bebington.
Warm Spaces Hardisty CRN - A fund given to support The Community Cafe starting in
2024, part of our Warm Space Initiative. Warm space is a safe place to stay
warm, enjoy a free hot drink and lunch, have a chat and make new friends.
The funds will be used for running costs and food/drinks provisions.
Neem Consult- A fund given to support The Community Lunch Cafe starting
in 2024, part of our Warm Space Initiative. Warm space is a safe place to
stay warm, enjoy a free hot drink and lunch, have a chat and make new
friends. The funds will be used for running costs and food/drinks provisions.
Retrospect Energy- A fund given to support The Community Lunch Cafe
starting in 2024, part of our Warm Space Initiative. Warm space is a safe
place to stay warm, enjoy a free hot drink and lunch, have a chat and make
new friends. The funds will be used for running costs and food/drinks
provisions.
WBC - ‘Wirral Together Fund’ is a fund to improve the well-being of the local
community in the Borough or its environment or economy. It is a one-off
expenditure with consideration given to future sustainability. This grant was
given towards our Warm Space Initiative starting in 2024 and will be used
for running costs and food/drinks provisions.
Neston Christian Fellowship Neston Christian Fellowship - As a result of the merger of NCF with Life
Church and the closure of the NCF charity, the remaining funds were
transferred to Life Church Wirral. The funds are to be used for the running
and expense of the Neston location.
Church Revitalisation Church Revitalisation- a grant of £2,000 to support in delivering 400 Bags of
Kindness (Christmas Food Hampers) and raising £2,000 in match funding.
Eligible expenditure from 1st August 2023 - 14th January 2024.

22 Ultimate controlling party

The charity is under the control of its legal members.

Every member of the charity has unlimited joint and several liability for the debts of the charity.

21

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

23 Donations, Grants and Legacies

Donations and gifts from individuals
Refunds from HMRC on gift aided donations
Small donations individually less than £1000
Total donations and gifts from
individuals
Donations individually over £1000, donors
wish to remain anonimous		 Current year
Unrestricted
Funds
2023
£
236,832
56,930
13,628
307,390		 Current year
Restricted
Funds
2023
£
-
-
-
-		 Current year
Total Funds
2023
£
236,832
56,930
13,628
307,390		 Prior Year
Total Funds
2022
£
63,829
20,069
4,000
87,898

Donations and gifts from individuals (Include HMRC refunds on gift aided donations) - Prior Year analysis

Prior year Prior Year
Unrestricted
Funds
2022
£
87,898		 Prior Year
Restricted
Funds
2022
£
-		 Prior Year
Total Funds
2022
£
87,898

22

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2023 2023 2023 2022
£ £ £ £
Revenue grants and donations from non
public bodies
Small grants individually less than £1000 - 6,012 6,012 500
Life Christian Church - - - 226,508
Price Parry Charity - - - 3,000
HAF Edsential Community Interest
Company		 - 2,700 2,700 2,400
Steve Morgan Foundation - - - 4,818
Soulter - - - 3,000
Church Revitalisation - 2,000 2,000 2,000
Retrospect Energy NW, Hardisty CRN - 3,000 3,000 -
Neston Christian Fellowship - 12,555 12,555 -
Grant for the roof - 3,000 3,000 -
John Moores Foundation - 10,000 10,000 -
Westhill Endowments - 2,500 2,500 -
PH Holt - 5,000 5,000 -
Total private sector revenue grants - 46,767 46,767 242,226
Revenue grants and donations from non public bodies (Include Gift Aid donations from subsidiaries) - Prior
Year analysis
Year analysis
Prior Year
Total Donations, Grants and Legacies
Total Donations, Grants and
Legacies
A1		 Prior Year
Unrestricted
Funds
2022
£
216,967		 Prior Year
Restricted
Funds
2022
£
25,259		 Prior Year
Total Funds
2022
£
242,226		 330,124
307,390 46,767 354,157

23

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

24 Income from charitable activities - Trading Activities

Current year
Primary purpose and ancillary trading
Prior year
Primary purpose and ancillary trading
Total Primary purpose and ancillary trading
25
Current year
Total income from charitable trading
Total from charitable activities
A2
Income from charitable activities - Prior Year analysis
Prior year
Total income from charitable trading
Social action
Youth and Children
Total Primary purpose and ancillary
trading
Events and conferences
Youth and Children
Social action
Events and conferences
Total Income from charitable activities		 Current year
Unrestricted
Funds
2023
£
826
2,838
29,076
32,740
Prior Year
Unrestricted
Funds
2022
£
1,923
40
11,925
13,888
Current year
Unrestricted
Funds
2023
£
32,740
32,740
Prior Year
Unrestricted
Funds
2022
£
13,888
13,888		 Current year
Restricted
Funds
2023
£
-
-
-
-
Prior Year
Restricted
Funds
2022
£
-
-
-
-
Current year
Restricted
Funds
2023
£
-
-
Prior Year
Restricted
Funds
2022
£
-
-		 Current year
Total Funds
2023
£
826
2,838
29,076
32,740
Prior Year
Total Funds
2022
£
1,923
40
11,925
13,888
Current year
Total Funds
2023
£
32,740
32,740
Prior Year
Total Funds
2022
£
13,888
13,888		 Prior Year
Total funds
2022
£
1,923
40
11,925
13,888
Prior Year
Total Funds
2022
£
13,888
13,888

24

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

26 Income from other, non charitable, trading activities

Current year
Current year
Unrestricted
Funds
Restricted
Funds
2023
2023
£
£
3,031
-
Total from other activities
A3
3,031
-
Income from other, non charitable, trading activities - Prior Year analysis
Unrestricted
Funds
Restricted
Funds
Prior Year
502
-
27 Investment income
Current year
Current year
Unrestricted
Funds
Restricted
Funds
2023
2023
£
£
Bank Interest Receivable
3,878
-
Total investment income
A4
3,878
-
Investment income - Prior Year analysis
Unrestricted
Funds
Restricted
Funds
Prior Year
429
-
Trading activities to raise funds for the
charity		 Current year
Total Funds
2023
£
3,031
3,031
Total Funds
502
Current year
Total Funds
2023
£
3,878
3,878
Total Funds
429		 Prior Year
Total Funds
2022
£
502
502
Prior Year
Total Funds
2022
£
429
429

25

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

28 Expenditure on charitable activities - Direct spending

Current Year
Total direct spending
B2a
Prior Year
Total direct spending
B2a
Marketing and advertising of charitable
services
Other professional fees
Defined contribution pension costs -
charitable activities
Missions, events and speakers
Catering, purchases
Other professional fees
Employers' NI - Charitable activities
Employers' NI - Charitable activities
Gross wages and salaries - charitable
activities
Catering, purchases
Defined contribution pension costs -
charitable activities
Youth & children
Youth & children
Gross wages and salaries - charitable
activities
Professional Indemnity insurance
Charitable giving
Missions, events and speakers
Training and resources
Travel and Subsistence - Charitable
Activities
Charitable giving
Marketing and advertising of charitable
services
Professional Indemnity insurance
Training and resources
Travel and Subsistence - Charitable
Activities		 Current year
Unrestricted
Funds
2023
£
105,305
7,244
2,159
1,182
2,171
10,933
12,643
43,605
6,797
8,877
6,067
10,810
217,793
Prior Year
Unrestricted
Funds
2022
£
54,699
2,139
840
1,588
656
10,888
2,981
19,254
967
3,280
867
2,970
101,129		 Current year
Restricted
Funds
2023
£
20,071
-
-
-
-
-
-
2,000
-
5,305
-
-
27,376
Prior Year
Restricted
Funds
2022
£
15,244
-
-
-
-
-
-
-
-
1,064
-
-
16,308		 Current year
Total Funds
2023
£
125,376
7,244
2,159
1,182
2,171
10,933
12,643
45,605
6,797
14,182
6,067
10,810
245,169
Prior Year
Total Funds
2022
£
69,943
2,139
840
1,588
656
10,888
2,981
19,254
967
4,344
867
2,970
117,437		 Prior Year
Total Funds
2022
£
69,943
2,139
840
1,588
656
10,888
2,981
19,254
967
4,344
867
2,970
117,437

26

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

29 Support costs for charitable activities

Current year
Current year
Current Year
Unrestricted
Funds
Restricted
Funds
2023
2023
£
£
Premises Expenses
1,833
-
4,103
-
10,335
-
6,361
-
94,548
3,000
Administrative overheads
2,362
-
1,369
-
1,340
-
534
-
429
-
Professional fees paid to advisors other than the auditor or examiner
1,900
-
4,955
-
Financial costs
1,953
-
4,052
-
396
-
Support costs before reallocation
136,470
3,000
Total support costs - Current Year
136,470
3,000
The basis of allocation of costs between activities is described under accounting policies
Rates and water charges
Bank charges
Accountancy fees other than
examination or audit fees
Stationery and printing
Cleaning and waste management
Light heat and power
Premises repairs, renewals and
maintenance
Membership subscriptions
Hire of equipment
Telephone, fax and internet
Room Hire
Sundry expenses
Depreciation & Amortisation in total for
Other legal and professional
Loan interest		 Current year
Total Funds
2023
£
1,833
4,103
10,335
6,361
97,548
2,362
1,369
1,340
534
429
1,900
4,955
1,953
4,052
396
139,470
139,470		 Prior Year
Total Funds
2022
£
217
1,050
1,240
2,066
1,215
733
254
229
149
781
275
1,028
639
998
424
11,298
11,298

27

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

Premises Expenses
Rates and water charges
217
-
Room Hire
1,050
-
Light heat and power
1,240
-
Cleaning and waste management
2,066
-
1,215
-
Administrative overheads
Telephone, fax and internet
733
-
Stationery and printing
254
-
Membership subscriptions
229
-
Hire of equipment
149
-
Sundry expenses
781
-
275
-
1,028
-
639
-
998
-
424
-
11,298
-
11,298
-
The basis of allocation of costs between activities is described under accounting policies
Total support costs - Prior Year
Financial costs
Depreciation & Amortisation in total for
Other legal and professional
Support costs before reallocation
Accountancy fees other than
examination or audit fees
Bank charges
Premises repairs, renewals and
maintenance
Professional fees paid to advisors
Loan interest		 217
1,050
1,240
2,066
1,215
733
254
229
149
781
275
1,028
639
998
424
11,298
11,298

28

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

30 Other Expenditure - Governance costs

Current Year
Independent Examiner's fees
Trustees' remuneration
Total Governance costs
Prior Year
Independent Examiner's fees
Trustees' remuneration
Total Governance costs
31 Total Charitable expenditure
Current Year
Total direct spending
B2a
Total support costs
B2d
Total Governance costs
B2e
Total charitable expenditure
B2
Prior Year
Total direct spending
B2a
Total support costs
B2d
Total Governance costs
B2e
Total charitable expenditure
B2
Trustees Defined contribution pension
costs
Trustees Defined contribution pension
costs		 Current year
Unrestricted
Funds
2023
£
650
42,250
1,058
43,958
Prior Year
Unrestricted
Funds
2022
£
650
24,208
617
25,475
Current year
Unrestricted
Funds
2023
£
217,793
136,470
43,958
398,221
Prior Year
Unrestricted
Funds
2022
£
101,129
11,298
25,475
137,902		 Current year
Restricted
Funds
2023
£
-
-
-
-
Prior Year
Restricted
Funds
2022
£
-
-
-
-
Current year
Restricted
Funds
2023
£
27,376
3,000
-
30,376
Prior Year
Restricted
Funds
2022
£
16,308
-
-
16,308		 Current year
Total Funds
2023
£
650
42,250
1,058
43,958
Prior Year
Total Funds
2022
£
650
24,208
617
25,475
Current year
Total Funds
2023
£
245,169
139,470
43,958
428,597
Prior Year
Total Funds
2022
£
117,437
11,298
25,475
154,210		 Prior Year
Total Funds
2022
£
650
24,208
617
25,475
Prior Year
Total Funds
2022
£
117,437
11,298
25,475
154,210

29

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

32 Expenditure on raising funds and costs of investment management

Current Year
Agent's costs for fundraising
Total fundraising costs
B1		 Current year
Unrestricted
Funds
2023
£
6,676
6,676		 Current year
Restricted
Funds
2023
£
-
-		 Current year
Prior Year
Total Funds
Total Funds
2023
2022
£
£
6,676
3,047
6,676
3,047

All the expenditure in the prior year was unrestricted.

30