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2025-04-05-accounts

LEAD CHURCH ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

LEAD CHURCH

ACCOUNTS YEAR ENDED 31ST MARCH 2025

Charity Name

Lead Church

Charity No

SC041310

Address

15 Gary Street Glasgow, G44 4BA

Trustees

Structure, Governanace and Management

Constitution

The charity is an uniccorporated organisation. It is governed by its institution which was adopted on the 4th March 2010

The management committee, which normally meets on a monthly basis, are the charity's trustees. Membership of the management committee is open to all members of the church. . Trustees are elected at the Annual General Meeting which is normally held in June. Under the constitution, there must be a minimum of three trusteees,

Charity Objectives

  1. the advanacement of religion

  2. The prevention of relief and poverty

  3. 3, The advancement of education

  4. The advancement of health

  5. The advancement of citzinshp or community development

  6. The relief of those in reed of age, ill health, disability , financial hardshop, and other disadvantages

Achievements and Performance

1. Outreach and Community Engagement

We conducted a vibrant Easter outreach event, sharing the hope of the Gospel with our local community. This included practical support, evangelism, and prayer initiatives.

Christmas Carol Service:

LEAD CHURCH

ACCOUNTS YEAR ENDED 31ST MARCH 2025

Our annual carol service was a heartwarming celebration that brought together members of the church and the wider community to reflect on the true meaning of Christmas.

Funeral Service for Retired Minister:

We honoured the life and legacy of a retired minister with a heartfelt service, providing support and comfort to his family and the wider church community.

2. Discipleship and Spiritual Growth

Weekly Bible Study:

Ongoing discipleship has been nurtured through our weekly Bible studies, encouraging deeper understanding and application of God’s Word.

Friday Prayer Meetings and Monthly Fasting & Prayer:

We have sustained a rhythm of spiritual discipline through our weekly prayer gatherings and monthly times of fasting and prayer.

Baptism Service at Loch Lomond:

We celebrated the public declaration of faith of new believers through a beautiful baptism service held at Loch Lomond.

3. Church Expansion and Ministry Development

Launch of LC City Campus at Strathclyde University:

We successfully launched our second city campus, expanding our reach to university students and young professionals in the heart of Glasgow.

TWIG Project Launch:

We introduced TWIG (Together We Inspire Growth), a special initiative to support children with special needs, helping them feel valued, included, and loved.

4. Partnership Initiatives

Street Connect Partnership:

We launched a strategic partnership with Street Connect to minister to individuals struggling with addiction, providing them with hope, support, and recovery pathways.

Billy Graham Organisation Collaboration:

We partnered with the Billy Graham Evangelistic Association to impact the lives of young people, equipping them to live out their faith boldly.

5. Volunteer Development and International Engagement

Volunteers Celebration & Training:

We hosted a special celebration and training day to appreciate our volunteers and equip them for greater effectiveness in ministry.

Indiana Mission Team Visit:

LEAD CHURCH

ACCOUNTS YEAR ENDED 31ST MARCH 2025

A dedicated team from Indiana, USA, visited and served in various practical and spiritual capacities, strengthening our mission and encouraging our church body.

6. Women’s Ministry and Leadership Development

Daughters of Zion Women's Conference:

Our women’s conference was a resounding success, with high attendance and powerful moments of worship, teaching, and fellowship.

Leadership Labs:

We launched Leadership Labs to train and empower the next generation of Christian leaders through mentoring, workshops, and hands-on ministry opportunities.

Conclusion

This period has been marked by remarkable growth, meaningful partnerships, and impactful ministry across all age groups and demographics. We are deeply grateful to our volunteers, partners, and supporters whose contributions have made these achievements possible. As we look ahead, we remain committed to our mission: to lead people to encounter God, be equipped in His Word, and be empowered to live out their purpose.

Financial Review

Due to increased growth , the accounts show a surplus of £10,474 comared to a defecit in the previous year of £5,643

Reserves Policy

The trustees's policy is to maintain reserves of around two to three months of normal running costs in order to meet commitments and to cover any uneexpected expenditure.

Approved by the trustees on ................................ and signed on their behalf

LEAD CHURCH

Statement of Receipts and Payments for the year ended 31st March 2025

Receipts
Church Retreat
Donation
Offerings
Other Revenue
Tithes
Bank interest
Total Income
Charitiable Expenditure
Events & Partnerships
Guest Speaker Giving
L C City Compus
Mens ministry
Worship ministry expenses
Total Charitable Expenditure
Administrative Costs
Advertising & Marketing
Bank Fees
Charitable and Political Donations
Cleaning
Congregational care
Daughter of Zion
Depreciation Expense
General Expenses
IT Software and Consumables
Telephone
Light, Power, Heating
Printing & Stationery
Repairs & Maintenance
Sacramental Items
Staff Training
Subscriptions
Travel - National
Volunteer expenses
Total Administrative Costs
Income Less Expenses
Opening balance as
1st April 2024
Closing balance
as at 31st Mach 2025
2025
Unrestricted
Restricted
Total
350
350
11,819
11,819
8,817
8,817
459
459
11,177
11,177
32,271
350
32,621
334
334
139
139
541
541
51
51
61
61
1,126
1,126
1,512
1,512
7
7
5,430
5,430
51
51
1,015
1,015
872
872
476
476
1,033
1,033
65
65
-
-
22
22
445
445
1,953
1,953
20
20
194
194
445
445
160
160
1,716
1,716
15,416
15,416
15,728
349
16,078
-5,603
-5,603
10,125
349
10,474

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2025 2024
£ £ £
Fixed Assets
Computer equipment 3,199
Office equipment 1,146 4,345
Current assets
Bank and cash balances 6.129 -5.603
Net current assets 10.47. 10.47.
Represented by
Unrerstricted Funds 10,124 -5,603
Restricted Funds
Church Retreat 349
10,47:
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