Trustees’ Report for Liberty Church Wirral
Charity Number: 247826
Introduction
Liberty Church Wirral is committed to its mission to engage with and serve our community using our projects and our assets. I am pleased to present this trustees’ report, which outlines our activities, achievements, and financial position during the reporting period from 1[st] January 2023 – 31[st] December 2023
Activities and Achievements
During the year 1[st] January 2023 – 31[st] December 2023, Liberty Church Wirral achieved the following milestones:
-
We procured the finance to enable us to remove asbestos from the first floor area. This was due to the generosity of one of our members. Work will commence in the early summer of 2024.
-
Our Live Room projects was completed and the recording studio was commissioned successfully. This was due to a £15000 donation from Pete Townshend and the gifting of assets from Pete Townshend (£28000 Mixing console) and Focusrite (£3500 Interface).
-
Following the untimely death of our member, Dave Quigley, we raised cash to enable us to offer food items and assistance to the needy in our community
-
We created a warm space for community use. Our pop-up cinema proved to be very popular for families on a Saturday morning.
-
Our church annual conference in Cefn Lea was well attended and plans are in place to do it again in 2024. Dave and Sue Latham were our guest speakers
-
Our room hire is progressing well with Wirral Mencap, The BEE project, Wirral Ways continuing to bring in much needed income.
-
We registered for PayRoll and have started to employ Tim for 5 hours per week We are hopeful that this might increase in 2024.
Financial Review
Our financial position remains stable. Key financial highlights include:
-
Total income: £68821
-
Total expenditure: £43615
-
The Profit and Loss account is attached for a clearer breakdown of financial activities.
-
With our income increasing it is now time to use an accountant to process finances – starting on the 1[st] Jan 2024
Governance
The trustees have diligently fulfilled their responsibilities, ensuring compliance with legal and regulatory requirements. We have maintained effective financial controls and risk management processes. Our safeguarding policies have all been updated.
Future Plans
Looking ahead, Liberty Church Wirral aims to:
-
The Live Room Studio project will continue in training mode until October 2024 when a more commercial edge will become evident. This will raise much needed funds for the centre.
-
The asbestos will be removed next summer and plans are in place to start work to refurbish the first floor. The result, when complete, will be a flexible space which will house our church and be available for conferences.
-
Fundraising will begin to replace to tatty frontage and to repair the loose rendering on both sides of the building.
Appreciation
We extend our heartfelt gratitude to our dedicated church members, volunteers, supporters, and the local community for their unwavering commitment to our cause.
Conclusion
Liberty Church Wirral remains steadfast in its mission to mission to engage with and serve our community using our projects and our assets. We appreciate the trust placed in us by our stakeholders and pledge to continue serving our community with integrity and compassion.
Trustees’ report & financial activities for Liberty Church Wirral
Charity Number: 247826
Introduction
Liberty Church Wirral is committed to its mission to engage with and serve our community using our projects and our assets. I am pleased to present this trustees’ report, which outlines our activities, achievements, and financial position during the reporting period from 1[st] January 2023 – 31[st] December 2023
Activities and Achievements
During the year 1[st] January 2023 – 31[st] December 2023, Liberty Church Wirral achieved the following milestones:
-
We procured the finance to enable us to remove asbestos from the first-floor area. This was due to the generosity of one of our members. Work will commence in the early summer of 2024.
-
Our Live Room projects was completed and the recording studio was commissioned successfully. This was due to a £15000 donation from Pete Townshend and the gifting of assets from Pete Townshend (£28000 Mixing console) and Focusrite (£3500 Interface).
-
Following the untimely death of our member, Dave Quigley, we raised cash to enable us to offer food items and assistance to the needy in our community
-
We created a warm space for community use. It was well used throughout the colder months and even into early summer!!
-
Our pop-up cinema proved to be very popular for families on a Saturday mornings
-
Our church annual conference in Cefn Lea in mid Wales was well attended and plans are in place to do it again in 2024. Dave and Sue Latham were our guest speakers.
-
Our room hire is progressing well with Wirral Mencap, The BEE project, Wirral Ways continuing to bring in much needed income.
-
We registered for Payroll and have plans to employ one member for 5 hours per week We are hopeful that this might start in January 2024.
-
Our safeguarding policies were updated and additional volunteers were DBS’s
Financial Review
Our financial position remains stable. Key financial highlights include:
-
Total income: £68821
-
Total expenditure: £43615
-
The Profit and Loss account is attached for a clearer breakdown of financial activities.
-
With our income increasing it is now time to use an accountant to process finances – starting on the 1[st] Jan 2024
Governance
The trustees have diligently fulfilled their responsibilities, ensuring compliance with legal and regulatory requirements. We have maintained effective financial controls and risk management processes. Our safeguarding policies have all been updated.
Future Plans
Looking ahead, Liberty Church Wirral aims to:
-
The Live Room Studio project will continue in training mode until October 2024 when a more commercial edge will become evident. This will raise much needed funds for the centre.
-
The asbestos will be removed next summer and plans are in place to start work to refurbish the first floor. The result, when complete, will be a flexible space which will house our church and be available for conferences.
-
Fundraising will begin to replace to tatty frontage and to repair the loose rendering on both sides of the building.
-
We seek to increase the footfall within the centre and plans to achieve this are currently under discussion. We seek to create a community hub here at Liberty Church Wirral.
Appreciation
We extend our heartfelt gratitude to our dedicated church members, volunteers, supporters, and the local community for their unwavering commitment to our cause.
Conclusion
Liberty Church Wirral remains steadfast in its mission to mission to engage with and serve our community using our projects and our assets. We appreciate the trust placed in us by our stakeholders and pledge to continue serving our community with integrity and compassion.
Liberty Church Wirral
Financial Activities
January - December 2023
| TOTAL | |
|---|---|
| Income | |
| Catering | 85.50 |
| Cefn Lea 2023 | 408.00 |
| Crowdfunder | 4,555.59 |
| Dave the hat | 6,690.00 |
| Grants and Gifts | |
| Pete Townshend | 15,000.00 |
| Total Grants and Gifts | 15,000.00 |
| Rent received | 3,706.00 |
| Room Rental | 162.50 |
| Total Rent received | 3,868.50 |
| Sale of Assets | 468.54 |
| Sales of Product Income | 565.00 |
| The Live Room Glasgow | 143.49 |
| Tithes & Offerings | 37,036.69 |
| Total Income | £68,821.31 |
| TOTAL | £68,821.31 |
| Expenditures | |
| AoG Conference and Training | 1,280.00 |
| AoG Dues and Subscriptions | |
| Church Conference (Cefn Lea) | 3,194.75 |
| Total AoG Dues and Subscriptions | 3,194.75 |
| Bank Service Charges | 71.64 |
| Books and Publications | 835.66 |
| Building Compliance | 576.94 |
| DBS checks | 103.70 |
| Total Building Comliance | 680.64 |
| Buildings Insurance | 1,467.75 |
| Cafe / Kitchen equipment | 1,202.40 |
| Cafe Consumables | 120.84 |
| Cafe Supplies | 5,977.86 |
| Christmas stuff | 229.61 |
| Cleaning and Hygiene | 353.06 |
| Consumables | 379.98 |
| Consumables - DiY | 1,519.14 |
| Discipleship Items | 335.50 |
| Dues and Subscriptions | 189.78 |
| AoG membership subscriptions | 220.00 |
| BarclayCard Card processing | 166.68 |
| Canva | 43.95 |
| Dues and Subscriptions | 39.00 |
| Right Now Media | 180.00 |
| Spotify | 124.88 |
| TV licence | 251.75 |
| WeAreWorship | 59.90 |
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Cash Basis Monday, 17 June 2024 08:55 am GMT+01:00
Liberty Church Wirral
Financial Activities
January - December 2023
| TOTAL | |
|---|---|
| Worship Tools | 229.07 |
| WORSHIP U | 129.23 |
| Total Dues and Subscriptions | 1,634.24 |
| Emergency Repairs | 389.48 |
| Gifts and Donations | 546.99 |
| Health and Safety | 650.48 |
| Internet | 459.31 |
| Motor Expense | 785.29 |
| Auto | 146.60 |
| Fuel | 426.38 |
| Parking | 134.00 |
| Total Motor Expense | 1,492.27 |
| Multimedia | 3.99 |
| Payroll Expenses | |
| Wages | 200.00 |
| Total Payroll Expenses | 200.00 |
| Postage and Delivery | 42.56 |
| Printing and Reproduction | 108.24 |
| Professional Fees | 312.00 |
| Repairs | 2,106.90 |
| Repair and maintenance | 6,250.03 |
| Total Repairs | 8,356.93 |
| security | 845.79 |
| Social Program | -53.00 |
| Software Expense | 522.29 |
| Dues and Subscriptions | 330.86 |
| Total Software Expense | 853.15 |
| Stationery | 316.58 |
| Subscriptions | 1,353.85 |
| Telephone | 245.79 |
| Travel & Ent | 111.00 |
| Uncategorised Expenditure | 384.92 |
| Uncategorized Expenses | 0.00 |
| Utilities | 2,971.90 |
| Chilled Water | 361.03 |
| Electricity | 1,680.00 |
| Gas | 300.15 |
| Waste Collection | 860.81 |
| Water Bill | 300.62 |
| Total Utilities | 6,474.51 |
| Van Insurance | 294.46 |
| Volunteer Expenses | 536.10 |
| Worship Area | 407.39 |
| Total Expenditures | £43,615.86 |
| NET OPERATING INCOME | £25,205.45 |
Cash Basis Monday, 17 June 2024 08:55 am GMT+01:00
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Liberty Church Wirral
Financial Activities
January - December 2023
| TOTAL | |
|---|---|
| Other Income | |
| Cafe income | 4,915.26 |
| Gift Aid | 2,182.50 |
| Hospitality | 930.60 |
| Other Miscellaneous Income | 0.00 |
| Total Other Income | £8,028.36 |
| Other Expenditures | |
| Advertising and Marketing | 53.34 |
| Children’s work | 335.14 |
| Fire Alarm Service | 477.83 |
| Pastoral Services | 766.02 |
| The Live Room | 399.86 |
| Pete Townshend Grant spend | 14,227.96 |
| Total The Live Room | 14,627.82 |
| Total Other Expenditures | £16,260.15 |
| NET OTHER INCOME | £ -8,231.79 |
| NET INCOME/(EXPENDITURE) | £16,973.66 |
| Cash Basis Monday, 17 June 2024 08:55 am GMT+01:003/3 |
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examlner's Report Reportto the trustees Liberty Church VV7rral On accounts forthe year ended 31* December 2023 Charlty no Ilf any) 247826 Set out on pages one I report to Ihe trustees on my examination of Ihe accounts of the above chanty (Ihe Trust") for the year ended 31112 12023. As the charity's truslees, you are responsible for the preparation of Ihe accounts in accordance with Ihe requirements ol the Charities Act 2011 (Ihe Act.). I report in respect of my examination of the Trust's accounts carrred out under section 145 of the 2011 Act and in carying out my examinatron, I have followed all the applicable Direclions given by the Charty Cornmissi under section 145(5)(b) of the Act. Responslbilltlès and basls of report Independent examinerfs statement appl. Delete [x] ifnot applicable. I have completed my examlnatlon. I confimi that no material mattets have come to my attention in connection with the examination disd06.) which gives me cause to believe that in. any matenal respecl: I have no concern8 and have coma across no other matters in conneth'on with the examination to which attention should b8 drawn in th report in order to enable a proper underBtanding of the accounts to be whed. ' Plea edel e the wonys in the brackets rf they do not apy. 1710612024 Slgnad: Illii k Nam•: Sonn a'ncule8CU IER Oct 2018