LARNE CHRISTIAN FELLOWSHIP TRUST 

## TRUSTEES’ REPORT 

## STATEMENT OF FINANCIAL ACTIVITIES (including income & expenditure account) For the year ended 5 April 2025 

|||Notes|Unrestricted|Restricted|TotalFunds|TotalFunds|
|---|---|---|---|---|---|---|
||||Funds|Funds|2025|2024|
||||£|£|£|£|
|INCOMINGRESOURCES<br>||||||||
|Incoming resourcesfrom|||,||||
|Generated income|||||||
|VoluntaryIncome excl oneoffgifts||a|30,213.12|2,567.27|32,780.39|37,770|
|HMRC GiftAid (net)||b|6,808.63|-|6,808.63|6,630|
|One offgifts||c|-|-|-|21,000|
|Bank interestreceived||e|200.93|-|200.93|205|
|Other incoming resources|||||||
|Otherincome||f|58.46|-|58.46|57|
|Asset and Investment sales||g|-|-|-|-|
|Refunds fromrelated charity (1071300)||h|-|9,967.37|9,967.37|3,963|
|TotalIncomingresources|in|sum a-h|37,281.14|12,534.64|49,815.78|65,625|
|RESOURCESEXPENDED|||||||
|Costs ofgenerating funds:|||||||
|Costsofgeneratingvoluntaryincome||j|:|-|-|-|
|Charitable activities:|||||||
|Church activity costs||k|35,802.81|1,725.73|37,528.54|53,374|
|O’seas transfersonbehalfrelated charity||l|2,200.00|12,527.65|14,727.65|-|
|(1071300)|||||||
|Transferstorelated charity(1071300)||m|6,334.94|947.00|7,281.94|8,534|
|AssetPurchases||n|1,815.00|-|1,815.00|2,542|
|Governance Costs||p|250.00|-|250.00|286|
|TotalResourcesexpended||Sum j-p|46,391.76|15,200.38|61,592.14|64,736|
|out|||||||
|Netincoming/(outgoing) resources fortheyear||in-out|(9,121.61)|(2,665.74)|(11,787.35)|889|
|Reconciliation ofmovements in funds|||||||
|Funds at6April2024|||86,506.05|1,601.57|88,107.62|87,218|
|Movement inyear||in-out|(9,121.61)|(2,665.74)|(11,787.35)|904|
|Funds at5April2025|||77,384.44|(1,064.17)|76,320.27|88,108|
|Preparation of<br>Account|||||||
|A)|||||||
|:|[Miller|7January2026|2026||||



## Approval of Account 

The foregoing Income & Expenditure was approved by the trustees on 20 January 2026 

## JI eRell Chair ofiL» 

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LARNE CHRISTIAN FELLOWSHIP TRUST 

## TRUSTEES’ REPORT 

## LARNE CHRISTIAN FELLOWSHIP TRUST 

NOTES TO THE ACCOUNTS For the year ended 5 April 2025 

## 1. ACCOUNTING POLICIES 

## Accounting Convection 

The accounts have been prepared under the cash accounting system. 

## 2. OTHER INCOME UNRESTRICTED 

|OTHER INCOMEINCOME UNRESTRICTED|||
|---|---|---|
||2025|2024|
||£|£|
|NIE Wayleaves|58.46|57|
|Totals|58.46|57|



## 3. RESTRICTED FUNDS 

Included in bank deposits are monies collected for the following projects which have still to be released. 

||2025|2024|
|---|---|---|
||£|£|
|FromBFoC forBishara (Israel) (owed byBFoC)|(1,143.71)|1,416.57|
|SeacourtYouth|-|185.00|
|ForMarkoAdonai (Zimbabwe)|79.54|=|
||1064.17|1,601.57|



|Material Assets NotionalValue|Value at5 April2025:||
|---|---|---|
|Land|34,000||
|Building|133,598 depreciate at|2% straightline|
|Plantandmachinery|7,866|20% double declining balance|
|Furniture and fittings|10,006|10% double declining balance|
|Total|185,470||



## Liabilities £0 

The Trust has no overdraft, mortgage, Line of Credit, unpaid creditors, liens, or other Liabilities. 

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