FaithLife Communi Trust ort and Accounts For the ear ended 31 December 2023 Charfty Number: 1197344 aith Trust ntents Contents Page Charity Inforn)ation Tn￿te£s, Rq 34 Statement of Trustees, Rasponsibiliti AcLM)untants Rewrt stat￿nent of Financial A¢tiviti Balance Sheet Notes to the AC￿untS 9-10 FalthLlfe Conmiunl . Trnst Ch Legal Ststss cio Charlty Number 1197344 Trustees J. Taller A. Ja¢kman M. Jacknian H. N. Grahame-smith M. Howarth RegAster¢d Address 5 Mary Street Cheetham Hill Manchester M3 INH Aeeountantj Torevejl Dent Ltd. Chartered Certifi￿1 Ac£x)untants Ccntr¢ of Excellcnce Hope Park Trevor Foster Way Bradford BD5 8HH FalthLife Communl Trust The trustees present their Re￿)rt and Financial Statements for the pffiod endoj 31 December 2023. isa Faithlife Community TnL8t fornied as a CIO on 5 January 2022. Our policy CA)vers thrLr distinct stsges - recNitmenL induction and training. First tnL8tees recruit and elect new andlor additional truste￿ on thc basis of: Person specification (rcviewed annually) Interview Safeguarding policy compliance (including DBS checks, again reviewed annU￿]y) New t￿￿tee8 are then ￿Ven an induction pacK which is rAFmprisal of: Minutes of the most recent tn￿le¢s, meeting Contad details of other tn￿tee5 The last complele fu11-y￿r accounts Our constitution and/or objectives Charity Commission 'Tr essential tnLqt¢c" downent Tralnln Tn￿tee$ nominate an existing t￿￿tee to help assist with the integration of the new trnstee into the Organisation and in order to facilitate any questions about procedure elc. We ask ail new trustees to attend at I￿t one In￿te¢ training S￿l0n. Relevant external training is encouraged. The charity is organised so that thc trustees med regularfy to manage is affairs. Trustees are appoint¢d and re-appointed by members of the Charity as detennined by thc Govcrnin8 Document. The objects of the chmrity arc:. For the public benefit, to relieve FM)verly or financial har(Lship primaTily, but not exclusively, among homelass people in Greater Manchester by me8n5 of, bul not ¢x¢lusively, the provision of meals, cluthin& education , trainin& and all the necessary supwrt designed to enable individuals to generate a 8U81ainable incA)mc and be ￿lf-SufficI￿L Trnstees J Taller A Jacknian M Jackman H N Grahame-smith M Howarth FaithLif¢ Communi , Trust Trustees Re eri ort yt Decem eontinued Activitie8 and Achievements Through all these activities the Trustces are of the opinion that there w&5 ongoing and continuing public benefit. Review of Financial Affairs Full details of the financial transactions are contained in the attached accounts. 'I'he total incoming resources for the year were £3,424 (2022..£4,423) after d¢ducting resources ¢xpended of £5,-378 (2022:£2,466) the net expenditure for the year was £1,954 (2022'.n¢l income £1,956). The net of the charity at 31. December 2023 werc £2 (2022: £1,956). Reserv¢$ Polic The Trustees have ccviewed the charily's nccd for reserves in line with guidance ibsued by the Charities Commission and con.8idcr it prudent that free, unrestricted reserves need only be 5ufficicnt to meet running cot>ts. Risk Mana iement The Trnstees actively revicw the risks which may affect its continuation or thc smixTrlh "running of its services on a rcgular b3STS. The Trustees also examine other operational and business risk5 faced by the charity and this helps lo mitigate any significant risks which may arise. STgned on behalf of the TrustCe5- J Taller Date . 17. /0. zozt FaithLife Communi Trust Trustees, Res onsil)ilitiu in relation to the Financial Statements For the eriod ended JI December 2023 The Trustees are responsible for preparing the Annual R¢port and the Financial Statements in 8￿rdanCe with applicable law and United Kingdom Gcnerally Ac£eptLxI Accounting Practice. The TTh￿te￿ are r4uired to prepare financial ststcmcnts for ¢ach financial year which give a true and fair view of the financial activiti¢s of the charity and of its financial p()sition at the end of that y¢ar. In preparing those financial stst¢ments the trustees are r4uired to: Select suitsble accounting ￿17¢1￿8 and apply them consistcntly Make judgements and estimates that ar¢ r¢￿nable and prudent State whether the policies adopted are with applicable accountTng standards and staternents of recommended practic4 subject to any matetial departures disclosed and explained in the financial statanents. Prepare the financial statements on an ongoing basis unless il is inappropriate to &8sumc that the charity will continue in operntio The Trusteu are reswnsible for keeping proper accounting records which dI￿105C with reasonablc accuracy at any time the financi81 ￿)SItiOn of the charity and enable thlyn to ensure that the financial statements comply with the Charity g¢xNJ praLtic¢. Thcy arc also r&8ponsible for safeguarding the L8seL8 of the charity and hence for taking reasonable steps for the prevention and detection ol" fr4iud and other irregularities. FaithLlfe CommuDi Trnst Accountant's Re rt to the Trustees of FgfithLife Communi For the nod ended 3111 December 2023 . Trust I report to the charity trustees on my cxamination of th¢ arA¥>unts ofthe Company for the period endol 31 December 2023. Respon$lbUltks and ba818 of report As the charity's trustcas you are r£S￿nSIble for the preparation of the accounts. Having satisfied mysclf that the accounts of the Charity are eligible for ind¢p¢ndent examination, I report In respect of my examination of your charity's ac¢ounls as camed out under section 145 of the Chanties Act 201 l ('the 2011 Act,). In carrying out my examination I have follow￿ the Directions given by th¢ Chanty Commi&8ion under section 145(5) of the 201 l Act. Independent eX*miDer'i atatement I cA)nfirni thal l am qua]ificd to undertak¢ th¢ aamination l am member of ACCA. which is one of the listeAI I￿1¢8. I have completed my examination. I c4)nfirni tlw no mattcrs have come to my attention in l￿nneCtion with the examination giving me cause to beli¢v¢: l. AcLounting records wcrc not kept in rw of the Charities 2011 Act 2. Thc acco￿ts do nol accord with those rwA)rds; or 3. The acwunts do not comply with th¢ acwunting rwuirements of CharitiC5 Act other than any requirement that the accounts give a 'tNe fair view which is not a matter wnsidered as part of an independent cxamination. or 4. The aco)unts have not b¢cn prepared in accordancc with the methods and principles of the Statement of Recommended Praclicc for accounting and rq)oriing by charities lapplicable to chartties preparing th¢ir accounts in accordance with thc Financial Re￿rtIng Standard applicable in the UK and Republic of Ireland {FRS 102)]. T hav¢ no Lx)ncern5 and have come across no Oth￿ rnallers in Conn￿LI0n with the examination to which att¢ntion should bc drawn in this repK)rt ID ordcr lo enable a proper under5tandiTh8 of th¢ accounts tu be reached. Samantha J Sutcliffe F.C.C.A Torevell Dent Llmlt¢d Chart¢red Certified Accountants Centre of Excellence Hope PArk Trevor Foster Way BrAdford BD5 8HH Date........................... FalthLlfe Conllnuni Trnst Statement of Financial Actlviti Total Funds 2023 Tolal Funds 2022 Unrestrleted Restrlcted Funds Fund$ otes Income and endowments from: Donations and legacies 3,424 3,424 4,423 Total 3,424 3,424 4,423 enditure Expendlthre on: Charitable activities 5.378 5,378 2.466 Totxl SJ78 5J78 2,466 Net (expenditurey income (1,954) (1,954) 1,956 Tot*1 funds brou%ht fonvard 1,956 1,956 Total funds carrled forward 1,956 The notes on pag¢s 9 to 10 forni part of these financial statements FaithLife Communits. Balance Sheet 2023 2n22 Notes Fixed Assets l-angible Assets Current Assels Cash al bank Debtors 1,956 Creditors Amounts falling due within onc year Net Current A$8ets 1,956 Net Auets 1,956 Funds Restricted funds Unrestrictcd funds 1,956 Total Fund5 1.956 The company is eTJtitJed to exemption from audit under for the period ended 31" December 2023 The members have not requir¢d th¢ Charity to obtain an audit of its financial stat¢mcnts for ihc year ended 31 st December 2023. The directors acknowledge their res]x)nsibilities for.. a) ensuring that the Charity keeps arxurate accounting records. b) preparing financtal statcm¢nts which give a truc and fair view of the state of affairs of the Charity as at the end of cach fll)ancial year and of ils profit or loss for each financial ycar. 17.1o.zt 'rhe financial statements were dpprnvcd by ihc TTuslee5 On ... . and were signed on IL8 behalf by: .1 Taller Th¢ no1￿ pages 9 to 10 form part of thc5o financial stitcm¢nts FaithLife Communi Trnst otes to the Aeeoun ststement of Aeeountlng Polleles a) Basis of Aecounting The accounts have been prepar￿ in accnrdance with applicable a¢￿￿ntIng standards, the Charities SORP (FRS102, ¢ffective January 2015). The accounts are prepared under the historical cost conv¢ntion. b) In¢ome and endowmenls Incoming resourcas are reported 8T088. e) Donation$ Donations arc credited in full to the financial statanents on a cash basis. d) Expenditure and other Direct charitable expenditure comprisa all expenditure directly relating to the objects of the charity. When neL￿ary, supw>rt Costs ar¢ allocatoj bctwcen direL't charitable expcnditurc and other costs on a basis dcsigned to reflect the use of the resourc¢s. Expenditure is included in thc acwunts when the liability is incurred arKI includes nOn-T￿0verable VAT. ¢) Ffixed Assets The Charity d0&8 not have any f￿ed a￿ts. Restrlcted Funds Where funds hav¢ been receivd for spwific puryx)ses they are trcatcd &8 restricted funds. FaithLife Communi . Trnst Notes t ounts 2023 2022 Net Expendlture after Charging Depreciation Trustee's fees 2023 2022 Expendlture Food for the Homeless Gifts to Faithlifc Centre Ministri Christm&s Party 4,168 1,210 2.366 5a78 2.466 Fund$ 2023 Tot#1 Unrestricted Restrlcled Tan&ble Assets Current A.&sets Current Liabiliti&s io