**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
1
## **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
2
## **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:
1. Accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. 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
3
## **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.
4
## **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.
5
## **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
______|
|---|---|---|---|---|
6
## **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|
||______|______|______|______|______|
7