Charity registration number: 1206726
## Lea Road Community Church
Annual Report and Financial Statements for the Year Ended 31 December 2024
## **Lea Road Community Church**
## **Contents (continued)**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 14|
## **Lea Road Community Church**
## **Reference and Administrative Details**
**Trustees** Frances Samuels Barbara Prettie Rachel Malcom Susan Snuggs **Secretary** Barbara Prettie **Charity Registration Number** 1206726 **Principal Office** Lea Road Wolverhampton WV3 0LW **Independent Examiner** Daryl Denson VAST Hope Street Hanley Stoke-on-Trent ST1 5DD
Page 1
## **Lea Road Community Church**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2024.
## **Objectives and activities**
## _**Objects and aims**_
As a local congregation of the United Reformed Church comprising 34 members and 21 adherents/regular attendees, Lea Road Community Church seeks to advance the Christian religion through its activities and the facilities offered to the community by its building.
## **Structure, governance and management**
## _**Nature of governing document**_
The activities of Lea Road United Reformed Church are overseen by the Elders’ Meeting of the Church in accordance with the provisions of The Structure of the United Reformed Church determined by the General Assembly of The United Reformed Church, and supplemented by the rules of Lea Road Church.
The Elders’ Meeting is responsible for the financial administration of the Church, and the care and maintenance of church premises.
The Church Meeting (of all members wishing to attend) gives general guidance on the life and work of the Church.
## _**Recruitment and appointment of trustees**_
The members of the Elders Meeting are: the minister in pastoral charge (if any) and up to 12 members of Lea Road Church nominated and elected as Elders, and therefore also as Trustees, by the members of Lea Road Church in Church Meeting. Elders serve for 3 years, retire by rotation and are eligible for re-election. The Elders meeting currently consists of one minister in shared pastoral charge of the Wolverhampton & Smestow Brook pastorate (of which Lea Road Church is a part and the second minister post is currently vacant) and 4 elders with a Chair of Trustees chosen from among them.
Oct 21, 2025
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
## Rachel Malcolm
.........................................Rachel Malcolm (Oct 21, 2025 21:26:24 GMT+1) Rachel Malcom Trustee
Page 2
## **Lea Road Community Church**
## **Independent Examiner's Report to the trustees of Lea Road Community Church**
I report to the trustees on my examination of the accounts of Lea Road Community Church for the year ended 31 December 2024. The organisation is not a registered charity, however, I have carried out an independent examination based on the procedures required for a registered charity.
## **Responsibilities and basis of report**
The organisation is an unincorporated association and, as such, is under no statutory obligation to prepare accounts in any particular format, nor is it obliged to have those accounts subject to any external scrutiny such as an audit or independent examination. However, the trustees/elders have determined that an independent examination would be appropriate.
I report in respect of my examination of the Lea Road Community Church's accounts carried out using section 145 of the 2011 Act as a basis and 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.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of Lea Road Community Church as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting 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.
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 accounts to be reached.
...................................... Daryl Denson
VAST Hope Street Hanley Stoke-on-Trent ST1 5DD
Date:.............................Oct 22, 2025
Page 3
## **Lea Road Community Church**
## **Statement of Financial Activities for the Year Ended 31 December 2024**
|**Note**
**Income and Endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investment income
5
Total income
**Expenditure on:**
Charitable activities
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
12
**Note**
**Income and Endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investment income
5
Total income
**Expenditure on:**
Charitable activities
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
12|**Unrestricted**
**funds**
**£**
93,151
22,809
19,186
1,153
136,299
(58,929)
(58,929)
77,370
77,370
50,168
127,538
**Unrestricted**
**funds**
**£**
21,671
28,424
18,768
434
69,297
(61,415)
(61,415)
7,882
7,882
42,286
50,168|**Restricted**
**funds**
**£**
50,488
1,519
-
419
52,426
(56,570)
(56,570)
(4,144)
(4,144)
55,778
51,634
**Restricted**
**funds**
**£**
65,342
4,183
-
373
69,898
(72,608)
(72,608)
(2,710)
(2,710)
58,488
55,778|**Total**
**2024**
**£**
143,639
24,328
19,186
1,572|
|---|---|---|---|
||||188,725|
||||(115,499)|
||||(115,499)|
||||73,226|
||||73,226
105,946|
||||179,172|
||||**Total**
**2023**
**£**
87,013
32,607
18,768
807|
||||139,195|
||||(134,023)|
||||(134,023)|
||||5,172|
||||5,172
100,774|
||||105,946|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 12.
The notes on pages 6 to 14 form an integral part of these financial statements. Page 4
## **Lea Road Community Church**
## **(Registration number: 1206726) Balance Sheet as at 31 December 2024**
|**Note**
**Current assets**
Debtors
9
Cash at bank and in hand
10
**Creditors: Amounts falling due within one year**
11
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
12
**Unrestricted income funds**
Unrestricted funds
**Total funds**
12|**2024**
**£**
1,134
178,546
179,680
(508)
179,172
51,634
127,538
179,172|**2023**
**£**
3,600
102,830|
|---|---|---|
|||106,430
(484)|
|||105,946|
|||55,778
50,168|
|||105,946|
The financial statements on pages 4 to 14 were approved by the trustees, and authorised for issue on Oct 21, 2025.................... and signed on their behalf by:
## Rachel Malcolm
....................................Rachel Malcolm (Oct 21, 2025 21:26:24 GMT+1) ..... Rachel Malcom Trustee
The notes on pages 6 to 14 form an integral part of these financial statements. Page 5
## **Lea Road Community Church**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
## **1 Accounting policies**
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## _**Investment income**_
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company 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 to charitable purposes.
Page 6
## **Lea Road Community Church**
## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)**
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Borrowings**
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **2 Income from donations and legacies**
|Donations and legacies;
Donations from community groups
Gift aid reclaimed
Grants, including capital grants;
Grants from other charities|**Unrestricted**
**funds**
**General**
**£**
87,757
5,394
-
93,151|**Restricted**
**funds**
**£**
5,488
-
45,000
50,488|**Total**
**2024**
**£**
93,245
5,394
45,000|
|---|---|---|---|
||||143,639|
Page 7
## **Lea Road Community Church**
## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)**
|Donations and legacies;
Donations from community groups
Gift aid reclaimed
Grants, including capital grants;
Grants from other charities
**3**
**Income from other trading activities**
Fundraising
**4**
**Income from charitable activities**
Lettings
Church Contributions
Sundry Income
Food Project Donations
Sales Income
Pulpit & Organ Income
Lettings
Church Contributions
Sundry Income
Food Project Donations
Sales Income
Pulpit & Organ Income|**Unrestricted**
**funds**
**General**
**£**
18,179
3,492
-
21,671
**Unrestricted**
**funds**
**General**
**£**
19,186
19,186
**Unrestricted**
**funds**
**General**
**£**
17,803
3,060
596
-
630
720
22,809
**Unrestricted**
**funds**
**General**
**£**
16,406
8,026
2,005
-
372
1,615
28,424|**Restricted**
**funds**
**£**
-
-
65,342
65,342
**Total**
**funds**
**£**
19,186
19,186
**Restricted**
**funds**
**£**
-
-
-
1,144
375
-
1,519
**Restricted**
**funds**
**£**
-
-
-
4,183
-
-
4,183|**Total**
**2023**
**£**
18,179
3,492
65,342|
|---|---|---|---|
||||87,013|
||||**Total**
**2023**
**£**
18,768|
||||18,768|
||||**Total**
**2024**
**£**
17,803
3,060
596
1,144
1,005
720|
||||24,328|
||||**Total**
**2023**
**£**
16,406
8,026
2,005
4,183
372
1,615|
||||32,607|
Page 8
## **Lea Road Community Church**
## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)**
## **5 Investment income**
|Interest receivable and similar income;
Interest receivable on bank deposits
Interest receivable and similar income;
Interest receivable on bank deposits|**Unrestricted**
**funds**
**General**
**£**
1,153
1,153
**Unrestricted**
**funds**
**General**
**£**
434
434|**Restricted**
**funds**
**£**
419
419
**Restricted**
**funds**
**£**
373
373|**Total**
**2024**
**£**
1,572|
|---|---|---|---|
||||1,572|
||||**Total**
**2023**
**£**
807|
||||807|
Page 9
## **Lea Road Community Church**
## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)**
## **6 Expenditure on charitable activities**
|Internship accommodation
Gas & Electricity
Water
Insurance
Repairs & Maintenance
Caretakers & Cleaners
Wages
Foodshare Project Costs
Mission within the church
Legal & Professional Fees
Subscriptions
Administration & Office Supplies
Sundry Expenses
Ministry and mission contribution to the URC’
Building Management
Together In Penn Fields
Internships
Pulpit & Organ Supply
Charitable Giving
Pastorate Expense
Workshop Expenses|**Activity**
**undertaken**
**directly**
**£**
4,000
9,628
467
3,668
8,282
4,893
31,321
5,631
3,972
7,396
285
1,407
49
13,956
3,000
13,180
1,286
240
372
856
1,610
115,499|**2024**
**£**
4,000
9,628
467
3,668
8,282
4,893
31,321
5,631
3,972
7,396
285
1,407
49
13,956
3,000
13,180
1,286
240
372
856
1,610|
|---|---|---|
|||115,499|
Page 10
## **Lea Road Community Church**
## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)**
|Gas & Electricity
Water
Insurance
Repairs & Maintenance
Caretakers & Cleaners
Wages
Foodshare Project Costs
Room Hire
Mission within the church
Legal & Professional Fees
Subscriptions
Administration & Office Supplies
Sundry Expenses
Ministry and mission contribution to the URC’
Building Management
Together In Penn Fields
Internships
Advertising
Capital Projects
Pulpit & Organ Supply
Charitable Giving|**Activity**
**undertaken**
**directly**
**£**
6,373
654
3,467
4,776
4,495
41,490
3,160
50
5,761
484
185
1,358
475
18,600
6,000
13,743
4,196
129
17,361
355
911
134,023|**2023**
**£**
6,373
654
3,467
4,776
4,495
41,490
3,160
50
5,761
484
185
1,358
475
18,600
6,000
13,743
4,196
129
17,361
355
911|
|---|---|---|
|||134,023|
Page 11
## **Lea Road Community Church**
## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)**
## **7 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
## **8 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
No employee received emoluments of more than £60,000 during the year
**9**
**Debtors**
Other debtors
**10 Cash and cash equivalents**
Cash at bank
**11 Creditors: amounts falling due within one year**
Accruals|**2024**
**£**
31,321
**2024**
**£**
1,134
**2024**
**£**
178,546
**2024**
**£**
508|**2023**
**£**
41,490|
|---|---|---|
|||**2023**
**£**
3,600|
|||**2023**
**£**
102,830|
|||**2023**
**£**
484|
Page 12
## **Lea Road Community Church**
## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)**
## **12 Funds**
|**Unrestricted funds**
**_General_**
General Fund
**Restricted funds**
Community Grants
Roof Repairs
Kitchen Project
Foodshare
Lottery
Organ Fund
Arnold Clark
**Total restricted funds**
**Total funds**
**Unrestricted funds**
**Unrestricted funds**
**_General_**
General Fund
**Restricted**
Community Grants
Roof Repairs
Kitchen Project
Foodshare
Lottery
Organ Fund
Arnold Clark
**Total restricted funds**
**Total funds**|**Balance at 1**
**January 2024**
**£**
50,168
3,231
2,404
996
11,043
36,003
1,101
1,000
55,778
105,946
**Balance at 1**
**January 2023**
**£**
42,286
3,231
2,404
996
10,719
39,037
1,101
1,000
58,488
100,774|**Incoming**
**resources**
**£**
136,300
-
-
-
4,970
47,456
-
-
52,426
188,726
**Incoming**
**resources**
**£**
69,297
-
-
-
3,484
66,414
-
-
69,898
139,195|**Resources**
**expended**
**£**
(58,930)
-
-
-
(5,679)
(50,891)
-
-
(56,570)
(115,500)
**Resources**
**expended**
**£**
(61,415)
-
-
-
(3,160)
(69,448)
-
-
(72,608)
(134,023)|**Balance at 31**
**December**
**2024**
**£**
127,538
3,231
2,404
996
10,334
32,568
1,101
1,000|
|---|---|---|---|---|
|||||51,634|
|||||179,172|
|||||**Balance at 31**
**December**
**2023**
**£**
50,168
3,231
2,404
996
11,043
36,003
1,101
1,000|
|||||55,778|
|||||105,946|
Page 13
## **Lea Road Community Church**
## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)**
## **13 Analysis of net assets between funds**
|**13 Analysis of net assets between funds**||||
|---|---|---|---|
|Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
128,046
(508)
127,538
**Unrestricted**
**funds**
**General**
**£**
45,176
(484)
44,692|**Restricted**
**funds**
**£**
51,634
-
51,634
**Restricted**
**funds**
**£**
64,009
-
64,009|**Total funds at**
**31 December**
**2024**
**£**
179,680
(508)|
||||179,172|
||||**Total funds at**
**31 December**
**2023**
**£**
109,185
(484)|
||||108,701|
## **14 Related party transactions**
There were no related party transactions in the year.
Page 14
2025-10-22
## Lea Road Accounts
Final Audit Report
Created: 2025-10-21 By: VAST Accounts (accounts@vast.org.uk) Status: Signed Transaction ID: CBJCHBCAABAA1j2kJl_LIWukhAbKqKIgI7JwqJxGcnYw
## "Lea Road Accounts" History
Document created by VAST Accounts (accounts@vast.org.uk)
2025-10-21 - 10:57:01 AM GMT- IP address: 195.62.193.126
Document emailed to lrlegs@hotmail.com for signature
2025-10-21 - 10:58:58 AM GMT
## Email viewed by lrlegs@hotmail.com
2025-10-21 - 11:44:14 AM GMT- IP address: 159.86.216.60
## Signer lrlegs@hotmail.com entered name at signing as Rachel Malcolm
2025-10-21 - 8:26:22 PM GMT- IP address: 51.9.20.155
## Document e-signed by Rachel Malcolm (lrlegs@hotmail.com)
Signature Date: 2025-10-21 - 8:26:24 PM GMT - Time Source: server- IP address: 51.9.20.155
Document emailed to Daryl Denson (daryl.denson@vast.org.uk) for signature 2025-10-21 - 8:26:26 PM GMT
Email viewed by Daryl Denson (daryl.denson@vast.org.uk)
2025-10-22 - 8:02:30 AM GMT- IP address: 82.31.1.14
Document e-signed by Daryl Denson (daryl.denson@vast.org.uk)
Signature Date: 2025-10-22 - 8:03:05 AM GMT - Time Source: server- IP address: 82.31.1.14
Agreement completed.
2025-10-22 - 8:03:05 AM GMT