THE LIBERTY CHURCH ESSEX Registered Charity Numbor: 1207049 Trustees. Annual Report for the perlod: 15 February 2024- 1 April 2025 1. R8fernnce and Admlnlstrative Dètalls Charity Name: The Liberty Church Essex Charftable Incorporated Organlsatlon (CIO) R8gistration Nurn￿r: 1207049 Date of Registratlon: 15 February 2024 Raglstered Address: 11 Warnvick Gardens. Romford, RM2 6 QS Trustses During the Reportlng Perlod: L88 Chalkley. Chair Theresa Beckl8s. Treasurer Natasha Scott4Aatth6ws, Secretary Laida Lucas, trustee Richard Daisley. Trustee Gary Jarrett, Trustee Bankers: Barclays Bank 2. Structure, Govomance and Managemont The Liberty Church Essex is a Charitsble Incorporated Organisation (CIO) operating under a Foundation or Association model. The CIO constitution outlines how truslees are appointed. their responsibilib'es. and governance procedures. Trustees meet regularly to oversee". Compliance with charity law Financial sle%wdrdship Risk management Delivery of charitable 8clivities Safeguarding and heatth & safety New trustees receive an induction that indudes govemance training. safeguarding requirements. and CIO responsibiltties. 3. Obioctives and Activities The Liberty Church Essex exists to advance the Chtistian faith in Essex and surrounding areas through: Weekly worship services Teathing, preaching. and discipleship Community outreach Support for families, young people. arKI vulnerable individuals Pastoral care Prayar galherings. small groups, and programmes Public B•nofit Statement: The trustees c£)nfimi that they have complied with the duty under the Charities Act to have regard to the Charity Commission's guidance on public benefit. All activities are carried out to b8n8frt the public through spiritual. emotional. and social supporL 4. ACHIEVEMENTS AND PERFORMANCE (2024) Although 2024 was the organisation's first year as a registered CIO, significant progress was made in éstablishing the church's presence, structure, and outreach. Key Highlights: a) Worshlp & Teaching Weekly services held at Sir George Monoux Sixth Fonn College. Introduction of teachirKJ series helping attendees grow in biblical understanding. Increased engagement over the year. b) Communlty Outreach Dlstribution of food parcels during monthly community Sunday outreach In Watthamstow Support for local families and individuals in need. c) Pastoral Support Counselling. home visits. and prdyer support offered throughout the year. Bereavement support aTKI crisis interrfention where need8d. d) Disciplaship & Small Groups Small group meetings launchedlcontinued. suprx)rting spiritual growlh and connection. Courses such as Alpha. foundations dasses Bible study groups conducted e) Events & Gatherlngs Special services held (Christmas, Easter, baptisms, conferences, etc. Youth or children's programmes 5. Financial Review Income The Libety Church Essex received income from: Donations Tithes and offerings Totsl Income: £19.726.00 Expenditure Funds were spent on: Venue hire Equipmenl and resources Outreach and community SUPPOrt Operational costs Totsl Expendlture: £18.019.00 Gifts Received from Closed Charity Bank Balance Website Equipment £9.321.59 £1.796.00 £5.517.00 Reserves Policy The trustees aim lo maintain a resepie equivalent to 3 months of operating costs to ensure sustainability. Current reserves at year-end: £11,029.00 Going Concom The charity remains financially stable, and trustees are o)nfident in ongoing sustainabilty. 6. Rlsk Managemert The trustees have assessed major risks arKI imFAemented controls to mitigate them, including: Safeguarding proc8dur8S Financial controls and regular moniioring Data protection compliance Heallh and safety policies Volunteer trdining Contingency planning Safeguarding remains a high-prionty area with policies in place for both children and vulnerable adults. 7. Plans for the FU￿rn (2025) The Liberty Church Essex aims to: Grow its worship gatherings and communty presence Expand discipleship programmes Strengthen I￿rtreath initiatives Develop youth and children's mlnlstrles Increase leadership training and volunteer development Pursue a pemianent venue Enhance online ministy and communication These plans support the church's mission to serwe the community and advance the Christian faith. 8. Statamont of TrUSt￿s, R8sponsibiliti•s The trustees are responsible for. Ensuring proper accounting re(x)rds Preparing accounts in accordan￿ with the Charits'es Act and SORP Safeguarding assets Managing resources effectivety for tharitable purposes Ensuring legal and regulatory compliance 9. Approval of the Report This report was approved by the Board of Trustees on: Date: 191h February 2028 Slgned on behalf of the trustees: Name.. Gary Jarrett Sign•d: Poslllon: Trust8e Narne: Lee Chalkley Slgned: Posilion: Chairperson REGISTEREDCHARITY MUMBEL" 1207049 ReportoftheTrustees and Unaudiied Flnan¢lalStatements forthe Perlod Ended 30th Apr112025 For The Ubertyclwrch Essex M G Mundle and Co Ltd I Chartered Certified Accountsntsi 63 Winifred Road Dagenham Essex RM8 IPP The LlbertyChuTch Essex Recelpl and PaymentAccount Perlod ended 30thAprll2025 2025 TotalFunds {Unrestrlcted) RECEIPTS Charltsble actl¥ttles 19.726 Total Income 19,726 PAYMENTS Expenditure on charitable acthities 18,019 Tolalexpendlture 18,019 Nel Income 1.707 Re¢onclUatlon of bankand cash balances Bank and cash balance brought fotward Cash recefved from cLose(I charity 9.322 Bank and cash balances carried forward 11.029 The statement of receipt and payment include all gains and losses recognlsed in the year. ALI income and expendituie derive from Continui￿ actNr(ies. The notes on pages 3to 5 ft)m) part otthese finarKlal ststements. Page I The Llberty Church Essex Statement of Assets and Uabllllles Perlod ended 30th Aprll 2025 2025 Note Flxed assets IntangllAefixed assffls Tangible ILxed assets 1.437 4.965 8.402 Current assets Cash at bank and in hand Net current assets 11,029 11,029 Credrtors: amountfawngdue wllhln one year Net current assets 10,509 16,911 Tolalassets less Cu￿ent Uobllftles Funds ollho charfty Uniestrlcted funds 16.911 Totsl charltyfund8 16,911 These flnancial statements were approved by the board of tnjstees and authoTlsed for Issue on 19th Febfuary 2025 . and are signed on behall of the board ty. Mr Gary Jarrett Trustee Mr Lee Charkley Chalrperson These notes on pages 3to 5 form part of these financlal statements Page 2 The Llbertychurch Essex Notes to the Ilnanclal statements Perlod ended 30th April2025 I ACCOUNTING POLICIES Basls of preparfngthe flnan¢lalstatementr5 The financial statements of the charrty, which is a public ber)efr( errtity under FRS 102. have been prepared In accordance wlth the Charities SORP IFRS 1021, Accourrting and Reporting by Charities.. Statemerrt of Recommended Practice applicable to charrties prepaiing their account5 in accordance th the Financial Reporting staThJard appllcabLe in the Uk arml Republic of Ireland IFRS 1021 leffective l January 20191.. Financial Reporting Standard 102, The Financial Reporting standard applicable in the Uk and Republlc of Ireland and the Charities Act 2011. The financial staiements have been prepared underthe historical cost conventlon. Incomo All Income Is recognised in the Statement of Recelpts and Payments once it ha5 been established that Is probablethat the incomewiLi be recewed and the amount can be measured reliably. Expendlturo Liabilities are recognised as expenditure as soon as there is a legal or constructNe obligation commlttlng the charity to that expendriure, It is probable th* a transfer of economlc benefit will be requlied In settlement and the amount of the obligation can be measured reliably. Expendrture Is accounted for on an accruals basis and has been classifie(i under headings that aggregate all cost related to the category. Where costs cannot be diTectly attributed to partlcular headlngs they have been allocaied to activities on a basls conslstent with the use ol resources. Intangfjbleflxed assets Inlangible fixed assets are measured at cost less accumumed amortls*ion and any accumulative impalrment losses. Tanglbiellxed assets Tangible fixed assets are measured at cost less accumulated depreciation and any accumulatlve Impairment losses. Depreciation is provided on ail tangible fixed assets at a rate calculated to WFlte off the co*. less estimated residual vaue of asset over its expected useful Ute as follows= Equipment- IO% straight line basis. Taxatlon The charty is exempt from tax on its charttabLe actNtties. Fund A¢countlng Unrestricted funds can be used in accordance withthe charitable objectives atthe discretion of the trustees. Page 3 2 TRUSTEES, REMUNERATION AND BENEFIYS There were Th) trustees, ￿mUneratIon orother benefrts forthe peri￿J ended 30thApril 2025. Trustees. expenses There werè notrustees. expenses paid forthe period ended 30th April 2(r25. 3 INTANGIBLE FIXEDASSETS Websfte development cost: Cost Glfted on 15th February 2024 At 30th Apri12025 Amortlsatlon At 15th February 2024 Provlded dLbringthe year At 30th April 2025 Nel Bookvaiue At 30th Aprll 2025 Website development cost Is belng wrttten off in equal InstaLmerrts over tts estlmated economlc Ilfe of 5 years. 4 TANGIBLE FtXEDASSETS Equlpment Totats COST At 15th February Additions (Gift on 15th February 20241 At 30th April 2025 5.517 S.517 5,517 5,517 DEPRECIATION At 15th February 2024 Charge forthe period At 301h April 2025 NET BOOKVALUE At 30th April 2025 Page 4 5 credIto￿ AMOUNT FALLING DUEWITHIN ONE YEAR 30.(1&2025 Accrual- Accourrtancy fees 6 Total expendIlu￿ on charttabie a¢J¥ltles Totsl expenditure on charrtable activitres exclude the toil(Mry￿ non