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2024-12-31-accounts

The Charity Registration Number is :- 1196438

Life Church Wirral

Report and Accounts

31 December 2024

Life Church Wirral

Report and accounts for the year ended 31 December 2024

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 2024

The Trustees present their Report and Accounts for the year ended 31 December 2024.

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 Mrs Nicola Harris Mr Aaron Partington Mr Martin Allan Mr Luke Andrews

The following persons served as Trustees during the year ended 31 December 2024 :-

The trustees who served as a trustee in the reporting period were as shown above and Mr Colin Jolliffe Mrs Hazel Fleming

All the trustees are also members of the charity.

1

Life Church Wirral

Trustees' Annual Report for the year ended 31 December 2024

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.

-Church services each Sunday at our Bebington, Neston and Wallasey locations.

-Weekly connect groups to focus on ‘small group’ pastoral care.

-Women’s and Men’s Ministry

-Weekly prayer meetings -Baptism -Children’s and Youth ministry -Local Community engagement

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

-Bereavement ministry

-Pastoral Care - spiritual and emotional

-Baptism preparation

-Marriage preparation

-Alpha Course - An introduction to the Christian Faith

-Warm Space Coffee Club & Community Lunch Cafe

-Youth mentoring service at local high schools

-Youth After school drop in sessions at the Youth Hub

-CAP Life Skills and money management courses

-LittleStars Parent and Toddler Group

-Easter Egg gifts for children in areas of deprivation

-The directors have had regard to the Charity Commission’s guidance on public benefit in managing the activities of the charity.

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

-A special easter service at the Floral Pavilion Theatre with 600 people in attendance.

-Average online weekly viewings of 431 via Youtube

2

Life Church Wirral

Trustees' Annual Report for the year ended 31 December 2024

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

-Faith development and exploration

-Spiritual and pastoral support

-Personal encouragement -Friendship and companionship

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 2024

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 2024

The financial position of the charity at 31 December 2024 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		 2024
£
13,381
154,609
4,991
159,600		 2023
£
(41,467)
120,877
25,342
146,219

Financial review of the position at the reporting date, 31 December 2024 .

The directors consider the financial performance by the charity during the year to have been good. The charity was able to install a new access lift at the Bebington location at an expense of £35,000 during 2024 that needed upgrading. The Directors 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 the Directors policy to maintain a cash balance on unrestricted funds which equates to approximately six weeks unrestricted payments.

At 31 December 2024 unrestricted reserves amounted to £154,609 (2023 - £120,877).

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 2024

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 2024 Statement of Trustees, Responsibilities The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to 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 particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). select suitable accounting policies and apply them consistently. make judgements and estimates that are reasonable and prudent. prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume that the charity will continue in business. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements. The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year. The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irreqularities. The Trustees are also responsible for the contents of the Trustees, report, and the statutory responsibility of the Independent Examiner in relation to the Trustees, report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements. This report was approved by the board of trustees on 202/ 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 2024

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 2024 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

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in 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).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Signed:-

Olivia Bazley Higgins FCCA - Independent Examiner

Chartered Certified Accountants

255 Poulton Road Wallasey Wirral Merseyside CH44 4BT

This report was signed on __ 2024

8

Life Church Wirral - Statement of Financial Activities for the year ended 31 December 2024

Statement of Financial Activities for the year ended 31 December 2024

Current year
Unrestricted
Funds
2024
£
Income & Endowments from:
Donations & Legacies
A1
384,696
Charitable activities
A2
21,973
Other trading activities
A3
1,909
Investments
A4
9,045
Other
A5
179
Total income
A
417,802
Expenditure on:
Raising funds
B1
8,045
Charitable activities
B2
376,025
Total expenditure
B
384,070
Net income for the year
33,732
Net income after transfers
A-B-C
33,732
33,732
Reconciliation of funds:-
E
Total funds brought forward
120,877
Total funds carried forward
154,609
Net movement in funds
SORP
Ref		 Current year
Restricted
Funds
2024
£
17,775
-
-
-
-
17,775
-
38,126
38,126
(20,351)
(20,351)
(20,351)
25,342
4,991		 Current year
Total Funds
2024
£
402,471
21,973
1,909
9,045
179
435,577
8,045
414,151
422,196
13,381
13,381
13,381
146,219
159,600		 Prior 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

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 2024

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
2023
£
307,390
32,740
3,031
3,878
-
347,039
6,676
398,221
404,897
(57,858)
(57,858)
-
(57,858)
178,735
120,877

 Prior Year
Restricted
Funds
2023
£
46,767
-
-
-
-
46,767
-
30,376
30,376
16,391
16,391
-
16,391
8,951
25,342		 Prior 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

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 2024

Life Church Wirral - Resources applied in the year ended 31 December 2024 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		 2024
£
-
(941)
-
(941)		 2023
£
146,219
-
-
146,219

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 2024

Revenue accumulated funds

Unrestricted
Funds
2024
£
Accumulated funds brought forward
120,877
33,732
154,609
Closing revenue funds
154,609
Summary of funds
Unrestricted
and
Designated funds
2024
£
Revenue accumulated funds
154,609
Recognised gains and losses before
transfers		 Restricted
Funds
2024
£
25,342
(20,351)
4,991
4,991
Restricted
Funds
2024
£
4,991		 Total
Funds
2024
£
146,219
13,381
159,600
159,600
Total
Funds
2024
£
159,600		 Last year
Total Funds
2023
£
187,686
(41,467)
146,219
146,219
Last Year
Total Funds
2023
£
146,219

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 2024

Life Church Wirral

Income and Expenditure Account for the year ended 31 December 2024 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		 2024
£
374,317
52,036
3,520
435,577
435,577
364,628
1,366
8,045
43,208
4,949
-
422,196
13,381
-
13,381
13,381		 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)

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 2024

Note
SORP
Ref
Fixed assets
A
Tangible assets
12
A2
Current assets
B
Debtors
13
B2
Cash at bank and in hand
B4
Total current assets
Creditors: amounts falling due within
one year
14
C1
Net current assets
Creditors: amounts falling due after more
than one year
15
C2
The total net assets of the charity
Net assets
2024
£
136,675
22
117,792
117,814
(10,367)
107,447
244,122
(84,522)
159,600		 2023
£
137,100
122
72,553
72,675
(1,300)
71,375
208,475
(62,256)
146,219

The total net assets of the charity are funded by the funds of the charity, as follows:-

Restricted funds
Restricted Revenue Funds
19
D2
4,991
Unrestricted Funds
Unrestricted Revenue Funds
19
D3
154,609
Total charity funds		 25,342
4,991
120,877
154,609
159,600		 25,342
120,877
146,219

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

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 2024

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 2024

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 2024

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 2024

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		 2024
£
1,366
41,500
2,677
2024
£
4,949		 2023
£
396
42,250
2,159
2023
£
4,052

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
2024
£
Gross Salaries excluding trustees and key management personnel
137,402
Employer's National Insurance for all staff
9,689
Employer's operating costs of defined
contribution pension schemes
2,677
Trustees' Remuneration as detailed in note 11
41,500
Other benefits paid to trustees, as detailed in note 11
1,058
Total salaries, wages and related costs
192,326
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		 2023
£
125,376
7,244
2,159
42,250
1,058
178,087
6
3
7
7
7

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 2024

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 2024
At 31 December 2024
Depreciation
At 1 January 2024
Charge for the year
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023
Prior Year
Cost
01 January 2023
Additions
01 January 2024
Depreciation
01 January 2023
Charge for the year
01 January 2024
Net book value
01 January 2024
01 January 2023		 Land and
Buildings
£
125,200
125,200
-
-
-
125,200
125,200
Land and
Buildings
£
125,200
125,200
-
-
-
125,200
125,200		 Plant &
Machinery
£
12,720
13,661
820
1,366
2,186
11,475
11,900
Plant &
Machinery
£
12,720
12,720
424
396
820
11,900
12,296		 2024
£
41,500
41,500
Motor
Vehicles
£
-
-
-
-
-
-
-
Motor
Vehicles
£
-
-
-
-
-
-
-
-		 2023
£
42,250
42,250
Total
£
137,920
138,861
820
1,366
2,186
136,675
137,100
Total
£
137,920
-
137,920
424
396
820
137,100
137,496

18

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2024

13 Debtors

Other debtors
14 Creditors: amounts falling due within one year
Bank loans and overdrafts
PAYE, NIC VAT and other taxes
Other creditors
15 Creditors: amounts falling due after one year
Bank loans and overdrafts
16 Income and Expenditure account summary
At 1 January 2024
Surplus (deficit) after tax for the year
At 31 December 2024		 2024
£
22
2024
£
7,699
718
1,950
10,367
2024
£
84,522
2024
£
146,219
13,381
159,600		 2023
£
122
2023
£
-
-
1,300
1,300
2023
£
62,256
2023
£
187,686
(41,467)
146,219

17 No related party transactions

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 2024
Tangible Fixed Assets
Current Assets
Current Liabilities
Long Term Liabilities
At 1 January 2024
Tangible Fixed Assets
Current Assets
Current Liabilities
Long Term Liabilities		 Unrestricted
funds
£
136,675
112,823
(10,367)
(84,522)
154,609
Unrestricted
funds
£
137,100
47,333
(1,300)
(62,256)
120,877		 Designated
funds
£
-
-
-
-
Designated
funds
£
-
-
-
-
-		 Restricted
funds
£
-
4,991
-
-
4,991
Restricted
funds
£
-
25,342
-
-
25,342		 Total
Funds
£
136,675
117,814
(10,367)
(84,522)
159,600
Total
Funds
£
137,100
72,675
(1,300)
(62,256)
146,219

19

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2024

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
2023
£
120,877
120,877
12,198
4,589
8,555
25,342
146,219		 Movement in
funds in 2024
See Note 20
£
33,732
33,732
(11,493)
(303)
(8,555)
(20,351)
13,381		 £
-
-
-
-
-
-
-
Transfers
between
funds in 2024		 Funds carried
forward to
2025
£
154,609
154,609
705
4,286
-
4,991
159,600

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
Warm Spaces
Gift for Aaron Par
Neston Christian Fellowship		 Income
2024
£
417,802
13,850
2,925
1,000
435,577		 Expenditure
2024
£
(384,070)
(25,343)
(3,228)
(1,000)
(8,555)
(422,196)		 Other
Gains &
Losses
2024
£
-
-
-
-
-
-		 Movement
in funds
2024
£
33,732
(11,493)
(303)
-
(8,555)
13,381

20

Life Church Wirral

Notes to the Accounts for the year ended 31 December 2024

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 Household Support Hub WBC - ‘Household Support Fund’ is a fund to enable community-based food and welfare support groups to provide food and essential items to those most in need in their local communities.

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 2024 as required by the SORP 2015

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

23 Donations, Grants and Legacies

----- Start of picture text -----
|||||| |---|---|---|---|---| |Current year|Current year|Current year|Prior Year| |Unrestricted|Restricted|Total Funds|Total Funds| |Funds|Funds| |2024|2024|2024|2023| |£|£|£|£| |Donations and gifts from individuals| |Small donations individually less than £1000|295,054|1,285|296,339|236,832| |Refunds from HMRC on gift aided donations|52,036|-|52,036|56,930| |Donations individually over £1000, donors|-| |37,606|37,606|13,628| |wish to remain anonimous| |Total donations and gifts from| |384,696|1,285|385,981|307,390| |individuals|

----- End of picture text -----

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

----- Start of picture text -----
|||||| |---|---|---|---|---| |Prior Year|Prior Year|Prior Year| |Unrestricted|Restricted|Total Funds| |Funds|Funds| |2023|2023|2023| |£|£|£| |Prior year|307,390|-|307,390| |Current year|Current year|Current year|Prior Year| |Unrestricted|Restricted|Total Funds|Total Funds| |Funds|Funds| |2024|2024|2024|2023| |£|£|£|£| |Revenue grants from government and| |public bodies| |Total public sector revenue grants|-|2,640|2,640|-|

----- End of picture text -----

Revenue grants from government and public bodies - Prior Year analysis

----- Start of picture text -----
||||| |---|---|---|---| |Prior Year|Prior Year|Prior Year| |Unrestricted|Restricted| |Total Funds| |Funds|Funds| |2023|2023|2023| |£|£|£| |Prior Year|-|-|-|

----- End of picture text -----

22

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

Total private sector revenue grants
PH Holt
HAF Edsential Community Interest
Company
Revenue grants and donations from non
public bodies
HDH Wills
Church Revitalisation
Small grants individually less than £1000
John Moores Foundation
Grant for the roof
Souter
Neston Christian Fellowship
Retrospect Energy NW, Hardisty CRN
Westhill Endowments		 Current year
Unrestricted
Funds
2024
£
-
-
-
-
-
-
-
-
-
-
-
-		 Current year
Restricted
Funds
2024
£
1,850
2,000
-
2,500
-
-
-
-
5,000
2,500
-
13,850		 Current year
Total Funds
2024
£
1,850
2,000
-
2,500
-
-
-
-
5,000
2,500
-
13,850		 Prior Year
Total Funds
2023
£
6,012
-
2,700
-
2,000
3,000
12,555
3,000
10,000
2,500
5,000
46,767

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
2023
£
-		 Prior Year
Restricted
Funds
2023
£
46,767		 Prior Year
Total Funds
2023
£
46,767		 354,157
384,696 17,775 402,471

23

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2024 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
2024
£
2,831
4,224
14,918
21,973
Prior Year
Unrestricted
Funds
2023
£
826
2,838
29,076
32,740
Current year
Unrestricted
Funds
2024
£
21,973
21,973
Prior Year
Unrestricted
Funds
2023
£
32,740
32,740		 Current year
Restricted
Funds
2024
£
-
-
-
-
Prior Year
Restricted
Funds
2023
£
-
-
-
-
Current year
Restricted
Funds
2024
£
-
-
Prior Year
Restricted
Funds
2023
£
-
-		 Current year
Total Funds
2024
£
2,831
4,224
14,918
21,973
Prior Year
Total Funds
2023
£
826
2,838
29,076
32,740
Current year
Total Funds
2024
£
21,973
21,973
Prior Year
Total Funds
2023
£
32,740
32,740		 Prior Year
Total funds
2023
£
826
2,838
29,076
32,740
Prior Year
Total Funds
2023
£
32,740
32,740

24

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

26 Income from other, non charitable, trading activities

Current year
Current year
Unrestricted
Funds
Restricted
Funds
2024
2024
£
£
1,909
-
Total from other activities
A3
1,909
-
Income from other, non charitable, trading activities - Prior Year analysis
Unrestricted
Funds
Restricted
Funds
Prior Year
3,031
-
27 Investment income
Current year
Current year
Unrestricted
Funds
Restricted
Funds
2024
2024
£
£
Property Rental Income
5,525
-
Bank Interest Receivable
3,520
-
Total investment income
A4
9,045
-
Investment income - Prior Year analysis
Unrestricted
Funds
Restricted
Funds
Prior Year
3,878
-
Trading activities to raise funds for the
charity		 Current year
Total Funds
2024
£
1,909
1,909
Total Funds
3,031
Current year
Total Funds
2024
£
5,525
3,520
9,045
Total Funds
3,878		 Prior Year
Total Funds
2023
£
3,031
3,031
Prior Year
Total Funds
2023
£
-
3,878
3,878

25

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2024 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
2024
£
114,507
9,689
2,677
2,844
2,137
12,571
9,892
35,793
8,219
6,610
3,134
11,064
219,137
Prior 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		 Current year
Restricted
Funds
2024
£
22,895
-
-
-
-
-
54
3,998
-
11,035
-
-
37,982
Prior Year
Restricted
Funds
2023
£
20,071
-
-
-
-
-
-
2,000
-
5,305
-
-
27,376		 Current year
Total Funds
2024
£
137,402
9,689
2,677
2,844
2,137
12,571
9,946
39,791
8,219
17,645
3,134
11,064
257,119
Prior 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
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

26

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

29 Support costs for charitable activities

Current year
Current year
Current Year
Unrestricted
Funds
Restricted
Funds
2024
2024
£
£
Premises Expenses
2,429
-
5,708
-
16,179
-
9,154
-
57,484
144
Administrative overheads
2,866
-
2,232
-
Membership subscriptions
3,215
-
1,280
-
855
-
100
-
Professional fees paid to advisors other than the auditor or examiner
1,375
-
1,878
-
Financial costs
2,610
-
Loan interest
4,949
-
1,366
-
Support costs before reallocation
113,680
144
Total support costs - Current Year
113,680
144
The basis of allocation of costs between activities is described under accounting policies
Accountancy fees other than
examination or audit fees
Rates and water charges
Stationery and printing
Cleaning and waste management
Light heat and power
Premises repairs, renewals and
maintenance
Hire of equipment
Telephone, fax and internet
Software licences and expenses
Bank charges
Room Hire
Sundry expenses
Depreciation & Amortisation in total for
Other legal and professional		 Current year
Total Funds
2024
£
2,429
5,708
16,179
9,154
57,628
2,866
2,232
3,215
1,280
855
100
1,375
1,878
2,610
4,949
1,366
113,824
113,824		 Prior 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

27

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

Premises Expenses
Rates and water charges
1,833
-
Room Hire
4,103
-
Light heat and power
10,335
-
Cleaning and waste management
6,361
-
Premises repairs, renewals and
maintenance
94,548
3,000
Administrative overheads
Telephone, fax and internet
2,362
-
Stationery and printing
1,369
-
Membership subscriptions
1,340
-
Hire of equipment
534
-
Sundry expenses
429
-
Professional fees paid to
1,900
-
4,955
-
1,953
-
4,052
-
396
-
136,470
3,000
136,470
3,000
The basis of allocation of costs between activities is described under accounting policies
Total support costs - Prior Year
Loan interest
Support costs before reallocation
Accountancy fees other than
examination or audit fees
Bank charges
Financial costs
Depreciation & Amortisation in total for
Other legal and professional		 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

28

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2024 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
2024
£
650
41,500
1,058
43,208
Prior Year
Unrestricted
Funds
2023
£
650
42,250
1,058
43,958
Current year
Unrestricted
Funds
2024
£
219,137
113,680
43,208
376,025
Prior Year
Unrestricted
Funds
2023
£
217,793
136,470
43,958
398,221		 Current year
Restricted
Funds
2024
£
-
-
-
-
Prior Year
Restricted
Funds
2023
£
-
-
-
-
Current year
Restricted
Funds
2024
£
37,982
144
-
38,126
Prior Year
Restricted
Funds
2023
£
27,376
3,000
-
30,376		 Current year
Total Funds
2024
£
650
41,500
1,058
43,208
Prior Year
Total Funds
2023
£
650
42,250
1,058
43,958
Current year
Total Funds
2024
£
257,119
113,824
43,208
414,151
Prior Year
Total Funds
2023
£
245,169
139,470
43,958
428,597		 Prior Year
Total Funds
2023
£
650
42,250
1,058
43,958
Prior Year
Total Funds
2023
£
245,169
139,470
43,958
428,597

29

Life Church Wirral

Detailed analysis of income and expenditure for the year ended 31 December 2024 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
2024
£
8,045
8,045		 Current year
Restricted
Funds
2024
£
-
-		 Current year
Prior Year
Total Funds
Total Funds
2024
2023
£
£
8,045
6,676
8,045
6,676

All the expenditure in the prior year was unrestricted.

30