Registered Charity number: 517457
Lakeside Community Church, Perton
Report and Accounts
Year ended 31 March 2024
Muras Baker Jones Limited Chartered Accountants Wolverhampton
LAKESIDE COMMUNITY CHURCH, PERTON
Index
| Legal and administrative details | 1 |
|---|---|
| Trustees’ report | 2 |
| Independent Examiner’s Report | 3 |
| Receipts and Payments Account | 4 |
| Statement of assets and liabilities | 5 |
| Notes to the accounts | 6-7 |
Legal and administrative details For the year ended 31 March 2024
Address for Correspondence 2 Thornbury Court Perton Wolverhampton WV6 7UP Governing Document Declaration of Trust dated 21 March 1986 as amended on 28 November 2008
Charity Registration Number Trustees
Registered charity no: 517457
Mr Andrew Cox – Chair (resigned 31 August 2023) Mrs Alita Caine Mr Clive Ingleby Mrs Kath Ward (appointed 7 July 2023) Mr Tim Hodson – Chair (appointed 7 July 2023)
Bankers
Santander UK plc Bridle Road Bootle Merseyside L30 4GB
Independent Examiner O Ross FCA Muras Baker Jones Limited Regent House Bath Avenue Wolverhampton WV1 4EG
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Report of the trustees For the year ended 31 March 2024
The Trustees have pleasure in submitting the Report and Accounts for this financial year.
Objects of the charity:
To promote the advancement of the Christian faith as set out in the second schedule to the declaration of trust by such legally charitable means as the trustees shall from time determine.
Governance:
The policy and operating decisions of the charity rest with the Leadership Team and Trustees who meet regularly to monitor the activities of the Trust.
The Trustees, with the agreement of the Leadership Team, appoint new Trustees.
Financial:
God has blessed us greatly this year with £187,000 from the Estate of the late Mr Peter Williams. We have been advised that his entire estate, including his bungalow has been left to the church.
As Trustees, we aim to always keep enough in reserve for 3 months of expenditure and would prefer not to hold much more than that but to use it for God’s work, so much thoug ht must be put into how this money should be used.
In addition to the regular financial support to the Well, (£100 per month) it was agreed that we should also give £100 per month to the newly formed Kingsway Perton Foodbank.
We have continued to support Youth Work, via Wolverhampton Pioneer Ministries, (£50 per month) and Acorn Club toddler group, (£100 per month).
Review of Activities:
Sunday Services have continued with regular meetings in the Perton Civic Centre with some outside speakers but also members leading. We have continued with Morning Worship using online songs some weeks and live worship others.
The Youth group have again been able to attend Stir Gatherings youth meetings in Telford and other local areas.
Throughout August we were again able to offer Breakfast meetings on Sundays with an opportunity for people to just come and chat.
The Acorn Club Toddler Group has continued to be popular with the community and practical help has been given at the local Kingsway Perton Foodbank and The Well, Wolverhampton Foodbank.
In planning the activities, the Trustees have borne in mind the guidance on public benefit issued by the Charity Commission in February 2014.
Approval
This report was approved by the Trustees on 27 January 2025 and signed on their behalf by:
Tim Hodson Chair
Alita Caine Trustee
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Ind ependent Examiner’s Report To the Trustees of Lakeside Community Church, Perton
I report to the trustees on my examination of the accounts of Lakeside Community Church, Perton (the charity) for the year ended 31 March 2024 on pages 4 to 7 following:
Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’) .
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act 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:
-
Accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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The accounts do not accord with those records.
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 proper understanding of the accounts to be reached.
O Ross FCA Muras Baker Jones Limited Regent House Bath Avenue Wolverhampton WV1 4EG
27 January 2025
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LAKESIDE COMMUNITY CHURCH, PERTON
Receipts and payments account For the year ended 31 March 2024
| Unrestricted Restricted Total General Funds funds Note Funds 2024 £ £ £ Income receipts Donations, legacies and grants 199,035 269 199,304 Gift aid receipts 2,237 - 2,237 Income from charitable activities - - - Interest 184 - 184 __ _ Total receipts 201,456 269 201,725 Payments Payments in relation to charitable Activities undertaken directly 2 26,907 - 26,907 Grants paid in relation to charitable activities undertaken by others 3 3,545 269 3,814 Asset purchases D - - - Total payments 30,452 269 30,721 Net receipts/(payments)before transfers 171,004 - 171,004 Transfer between funds - - - Net movement in funds Cash funds at start of last year 22,047 500 22,547 Cash funds at this year end A 193,051 500 193,551 ___ |
Total Funds 2023 £ 19,650 2,434 - 14 __ 22,098 _ 16,614 8,472 139 25,225 (3,127) - 25,674 22,547 ___ |
|---|---|
Movements on reserves and all recognised gain and losses are shown above.
The notes on pages 6 to 7 form part of these accounts.
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LAKESIDE COMMUNITY CHURCH, PERTON
Statement of assets and liabilities As at 31 March 2024
| Unrestricted Restricted Total General Funds funds Funds 2024 £ £ £ A Cash funds Cash at bank 193,051 500 193,551 __ _ B Other monetary assets Gift aid due to charity 2,362 - 2,362 C Liabilities Fee for Independent Examination 540 - 540 D Assets retained for charity’s own use Cost £ Equipment at start of the year 3,830 Equipment purchased in the year - 3,830 ___ |
Total Funds 2023 £ 22,547 __ 2,237 _ 540 Current Value £ 3,609 - 3,609 ___ |
|---|---|
The accounts were approved by the trustees on _______ and signed on their behalf by: 27 January 2025
Tim Hodson Alita Caine Chair Trustee
The notes on pages 6 and 7 form part of these accounts.
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LAKESIDE COMMUNITY CHURCH, PERTON
Notes to the accounts For the year ended 31 March 2024
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity’s receipts and payment, a statement that summaries the charity’s assets and liabilities and related notes . The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a ‘true and fair’ view and, as these receipts and payme nts account have (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a ‘true and fair’ view of the charity’s financial activities and state of affairs.
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the charity. Restricted funds are receipts which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| Unrestricted Restricted General Funds Funds £ £ 2 Payments in relation to charitable activities undertaken directly Pastoral support costs 12,037 - Hall hire 6,665 - Administration & publicity 3,766 - Speakers and evangelism 1,960 - Catering 228 - Work amongst the young 145 - Independent examination - - Insurance 1,302 - Other professional services 462 - Funeral costs (£2,600 donation received) - - Other costs 342 - __ _ 26,907 - ___ |
Total funds 2024 £ 12,037 6,665 3,766 1,960 228 145 - 1,302 462 - 342 __ 26,907 ____ |
Total Funds 2023 £ 65 6,865 3,382 1,440 82 145 540 568 439 2,928 160 __ 16,614 ____ |
|---|---|---|
No amounts were paid to the trustees or any person closely connected them.
3 Grants paid in relation to charitable activities undertaken by others
| Grants for: UK mission Overseas mission Relief of poverty Education and training |
600 80 1,665 1,200 __ 3,545 ____ |
- 90 179 - __ 269 ____ |
600 170 1,844 1,200 __ 3,814 ____ |
600 4,100 2,572 1,200 __ 8,472 ____ |
|---|---|---|---|---|
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LAKESIDE COMMUNITY CHURCH, PERTON
Notes to the accounts
For the year ended 31 March 2024
4 Movement on funds
| Balance | Balance | ||||
|---|---|---|---|---|---|
| at 31.03.23 | Receipts | Payments | Transfers | at 31.03.24 | |
| £ | £ | £ | £ | £ | |
| Restricted funds: | |||||
| Missions | - | 269 | (269) | - | - |
| Restructuring of charity | 500 | - | - | - | 500 |
| Benevolence fund | - | - | - | ||
| Equipment fund | - | - | - | - | - |
| ______ | ______ | ______ | ______ | ______ | |
| Total restricted funds | 500 | 269 | (269) | - | 500 |
| Unrestricted funds: | 22,047 | 201,456 | (30,452) | - | 193,051 |
| ______ | ______ | ______ | ______ | ______ | |
| Total funds | 22,547 | 201,725 | (30,721) | - | 193,551 |
| ______ | ______ | ______ | ______ | ______ |
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