LIFEWAY PROJECT
FINANCIAL STATEMENTS
FOR THE YEAR TO
30 JUNE 2024
Charity Number SC 048971
$C048971
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smsumeoenn Dee|uiteway Project _ 7
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Receipts and payments accounts
‘en [a0 |[me Jf 2024
Section A Statement of receipts and payments Expendable Permanent
Unrestricted Restricted Totalfunds —- Total funds
funds funds ieee ar current period —°
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest [£]
Ai Receipts
ee ea) |a
[Receipts from fundraising activites | | Tic
Grosstradingreceipts | Reoo
INCOME TO othe an
Rents fromiand & buildings | i
a“ts | [ws] || [|]
|
Pd a Fe |
Ai eee 567 [|]
A2investment Receiptsfrom asset &
Proceeds[Proceeds fromfromsales securingsale offwed bankassetsloan || $00. itef2000ce |
TotaA2 Sub ecepes[__——7580]total] 500 [J LD) Ce)ousee)- 008) Ce)
A3 Payments
Grosstradinginvestment payments | Loos.||
Pamarts iti gma n agemr cy e nt focostscheriatie]|oa | |2Sssea|| [sate.]
Grants and donations | eis |
(GCovemancecosiss | ans |
AutPreperation(«Ce ndependentexarinaton|of annual acosts|eccouris| 200200aa | Pao[200Cae [|][|][ [200] [a||
es Pe |
A3 Sub total] 7,154] P7154] {8,816 [|]
A4investment Paymentsreiating to asset and
Purchases movements
Purchase citeedessasfimesinenis |
Ad Sub total|
Net Spent ae) (LS EE) Ee] Ta)
as tansterstol(romytunde§receipts / (payments) ( ———aa)|JJ(ICC)CO) C Oao)
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APPENDIX2 Lifeway Project $C048971
Section B Statement of balances
Categorie tails Unrestrictedfunds Restricted funds endowmentExpendablefunds endowmentPermanentfunds Totalperiod current Total last pertod
Bt Caan runes Surplus / (deficit) shown on receipts and az)to nearest £ to nearest £ fo nearest to nearest £ Tlfto nearest £ 9 on£
ee | |
(Agree balances with receipts and payments
account(s))
Details Fund to which asset betongs Marketweer Last year
to nearest £ to nearest£
Total
Details Fund to which asset belongs Cost (#f available) Currentevallebte)value (if Last year
to nearest £ to nearest £ to nearest [£]
camels [Fotures and fittings | ee |ee) ee)
[Studentlaptop | [—Generatdt]
a | i) |
Details Fund to which liability retates Amount due Last year
=to nearest £ to nearest£
Detalls Fund to which liability relates be erm Last year
to nearest £ to nearest£
Total
Signedon behalf by of one ailor thetwo trustees trustees Sign:ature Print Name approvalDate of
mie
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Final R&P Accounts 2024 / Statement of balances
1
December 2007
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_ Trustees’ Annual Report for the period
Period start date Period end date
OSCLH mm | Day04 || Month07 || 2023Year |To || 30Day |=| Month06 || Year2024
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Office of the Scottish Charity Regulator
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Charity name —__|_Lifeway Project
Other names charity is ey | GraciCiti. Church
Registered charity number $C048971
Charity’s principal address
Postcode
Names of the charity trustees on date of approval of Trustees’ Annual Report
Trustee a Dates acted if anes Of pores
name Office (if any) not for whole year (or body) entitled nae
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
AB
19
20 a
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APPENDIX 1
Reference and administration details
Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)
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Name
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Dates acted if not for whole year
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Structure, governance and management
Type of governing document Constitution dated 18/12/2018, updated 22/03/2023.
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Trustee recruitment and appointment —_New trustees are identified and appointed by the board to serve for a3 year period after which they are eligible to be appointed for a further term. Objectives and activities Charitable purposes The advancement of religion through establishing community worship services and engaging in school chaplaincy. The advancement of education through promoting education in the community and supporting African village schools. The prevention or relief of poverty through providing lunch club and youth drop in services for disadvantaged in the community. Summary of the main activities Conduct of worship services including Sunday breakfast service. in relation to these objects Running of lunch club and holiday club in local area. Operation of drop in centre for young people in area. Sponsoring of children for education in African village schools.
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APPENDIX 1
Achievements and performance
Summary of the main achievements of the charity during the financial period
We are immensely grateful to our supporters for their faithfulness and generosity over the years, without which Lifeway Project would not have been able to “make a difference one life at a time’.
We have been able to continue our sponsorship projects in Africa, and it’s encouraging to see how some of these children are able to progress with their education, we have seen some transitioning from primary to secondary school. It's worth noting in this report, that one of our students in Zimbabwe achieved the highest results in GCSE Ordinary (O) Level, in the entire school and is now the school’s head boy, working towards his GCSE Advance (A) Level. We are also able to report that one of our Theological college student graduated, having successfully completed his training as prescribed by Cape Town Baptist Seminary and has now relocated back to his home country Uganda. Our project director continues to offer support to Cumbernauld Baptist Church and in lieu of their appreciation for the services, Lifeway Project has continued to receive financial support from the church.
He has also taken services at Clarkston Baptist Church, where he’s in membership, and we continue to receive financial assistance from their missions’ budget.
It has not currently been possible to restart community activities in the Kennished area. See the “other optional information” section for further detailed explanation.
Brief statement of the charity’s policy on reserves
It is the policy of the charity to deploy financial resources in pursuit of the charitable purposes rather than to accumulate reserves. It is the intent of the trustees to maintain a sufficient operational cash balance to underpin the continuation of the activities of the charity.
Details of any deficit
There are no funds in deficit.
Donated facilities and services
(if any) | The Trustees and other volunteers donate their time free of charge to provide activities for the charity beneficiaries.
APPENDIX 1
Other optional information
We finally managed to reestablish contact with the new management team of the Kennished Community Hall to discuss the possibility of relaunching our community lunch club and they in principle agreed to our request. Unfortunately, rental rates were increased to levels that are unsustainable and unaffordable at current budget, this has sadly halted our plans to restart the lunch club.
We are at present negotiating and seeking additional funding before we can commit.
At a Lifeway Project Members Meeting held on 22nd March 2023, a decision was unanimously passed, in accordance with Clause 93 of the Constitution, for the removal of the limitation of trustees (Clause 21), to serve for a maximum of two consecutive terms. .
The Office of the Scottish Charity Regulator was informed of these amendments and on their request a Certificate Extract of the said meeting and the Amended Constitution was provided for their information.
Declaration
The trustees declare that they have approved the trustees’ report above.
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Signed on behalf of the charity’s trustees
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Signature(s)
Full name(s)
Position (e.g. Chair)
Charity Director
Date Fe aspapeos
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Treasurer
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25/05/2025
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4
APPENDIX2 Lifeway Project
$C048971
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Section C Notes to the Accounts
C1 Nature
funds (mayandbe purposestated on of ‘ThTh e generaladvancement fund isof to religion finance thethrough es activi t iesablishing to meetcommunity the charityworship purposesservices which are:and engaging in school
analysis of funds worksheets) The t of education through promoting education in the communityand supporting African village
schools.
The prevention or relief of poverty through providing lunch club and youth drop in services for disadvantaged
in the community.
There currently are no other funds.
Type of activity or project supported Pree ana ted
- —= Total
C3a Trustee remuneration If no remuneration was paid during the period to any charity trustee or person connected to
a trustee cross this box (otherwise complete section 3b) x
.
Authority under which paid
C3b Trustee remuneration -
details
C4a Trustee expenses If no expenses were paid to any charity trustee during the period then cross this box
(otherwise complete section 4b)
Number of £
trustees
Cé4b Trustee expenses - cpenses for trip to Swansea Swansea in November 2023 Bi EE
am Flights from Glasgow to Bristol in Bristol in in March 2024 LT ES.
Transaction Balance
Nature of relationship of relationship relationship Nature of transaction of transaction transaction iii eee
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Cé4b Trustee expenses - cpenses for trip to Swansea Swansea in November 2023 Bi EE am Flights from Glasgow to Bristol in Bristol in in March 2024 LT ES. Transaction Balance Nature of relationship of relationship relationship Nature of transaction of transaction transaction iii eee C5 Transactions with trustees and connected persons _ Oe
1
December 2007
APPENDIX2 Lifeway Project
$C048971
Section C Notes to the Accounts
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C1 Nature and purpose of The general fund Is to finance the activities to meet the charity purposes which are:
funds (may be stated on The advancement of religion through establishing community worship services and engaging in school
analysiswhlof funds worksheets)) The{Chaplaincy advancement of education through promoting education in the community and supporting African village
schools.
The prevention or refief of poverty through providing funch club and youth drop in services for disadvantaged
in the community.
There currently are no other funds
Type of activity or project supported pont ee f
- ——= Total
C3a Trustee remuneration tf no remuneration was paid during the period to any charity trustee or person connected to |
a trustee cross this box (otherwise complete section 3b) x
.
Authority under which paid
C3b Trustee remuneration -
details
C4a Trustee expenses If no expenses were paid to any charity trustee during the period then cross this box
(otherwise complete section 4b)
Number of £
trustees
C4b Trustee expenses - cpenses for trip toSwansea
details in November 2023 a , a.
Transaction Balance
Nature of relationship Nature of transaction . is _ =
C5 Transactions with trustees
and connected persons
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-_
1
December 2007
APPENDIX2
$C048971
Lifeway Project
Additional analysis (1)
Analysis of receipts and payments
| 1 Donations | ||||||
|---|---|---|---|---|---|---|
| Unrestricted fund |
Restricted funds | Expendable endowment |
Permanent endowment |
Total current period |
Total lastperiod | |
| eeeeee eee, Total |
to nearest £ [5318] |
9,979 |
eee |
ee Re ) |
to nearest £ | to nearest £ |
| 2Grants | Unrestnctea | lorat CUFTeM —1401 test period |
||||
| tonearest£ | tonearest£ | tonearest£ | tonearest£ |
3 Gross receipts from other charitable activities
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Unrestricted Expendable Permanent Total current
funds Restricted funds endowment endowment Totallast period
to nearest £ to nearest £ to nearefund s t £ tofundsnearest £ to pertnear e ste € to nearest£
ee P9485 | PS| P27|
es | ee |eee
es» | ee| |ee
ee | eS |Se]
ee» ee Rat |a
eeee» | CEsSl |ceeel
Tot Lee | laaDE a | ee
4 Payments relating directly to charitable activities Expendable Permanent
Unrestricted Total current
fund Restricted funds endowment endowment tod Total last period
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest£
[| TREE |Se
P| ESL:|Ba
ae) | 852}a
4 a ee)
| 492
|283} | [8]
| De |a
aan aE) | 4,060} |
pe |A AES: ||DOSY
feccpaieeeiciapnceceecieresessestaneenaciaptTotal aisle|cea |EGRa aec Eat || [res] aeeae ogee |
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Final R&P Accounts 2024Additional notes (1)
December 2007
Lifeway Project
$C048971
5 Breakdownof unrestricted funds
| General | Total Total unrestricted unrestricted funds funds last period |
|---|---|
| R = _ |
|
| lens [Receipts romfundraisingactivites TY |
rr |
| incomefrominvestments other then land andbuildings | [ |
| Receipts from asset &investment sales a2 ——jE |
oo — |
| Tot receipts(8)(CO) Co) Oo)Ca |
|
| \nwestmentmanagementcosts |
|
| Payments relating to asset and investment | |
| movements | |
| Sub total | |
| Total payments (7.164)= Cs) ig) |
|
| Netreceipts /(payment ) [“(3))[= (=) =) )Ce) SieeetenisiPine on En Len Ee eee ee Surpiue /(see%9 for year(9)(CC) rl re) |
|
| (Natureandpurposeoffunds | - |
|
|
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APPENDIX 3
Office of the Scottish Charity Regulator
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Independent examiner’s report on the accounts «
Reporttothe —
trustees/members of Lifeway Project
Registered charity
amas $C048971
On the accounts of the Period start date | Period end date
charity forthe period _ Day Month Year \ Day Month Year
01 July | 2023 | to | 30 June 2024
Set out on pages ‘4 —9 commencing from statement of Receipts & Payments papaberememberof toadditional include theodo
Respective the charity's trustees are responsible for the preparation of the accounts in accordance
responsibilities of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
trustees and examiner Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the
audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It
is my responsibility to examine the accounts as required under section 44(1) (c) of the
Act and to state whether particular matters have come to my attention.
Basis of independent My examination is carried out in accordance with Regulation 11 of the Charities
examiner's statement Accounts (Scotland) Regulations 2006. An examination includes a review of the
accounting records kept by the charity and a comparison of the accounts presented with
those records. It also includes consideration of any unusual items or disclosures in the
accounts and seeks explanations from the trustees concerning any such matters. The
procedures undertaken do not provide all the evidence that would be required in an audit
and, consequently, | do not express an audit opinion on the accounts.
independent examiner’s _ In the course of my examination, no matter has come to my attention etherthanthat
statement disclosed-on the-attached-page
1. which gives me reasonable cause to believe that in any material respect the
requirements:
— to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations, and
to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Accounts Regulations
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have not been met, or
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2. to which, in my opinion, attention should be drawn in order to enable a proper
Signed: understanding of the accounts to be reached.Date: 26 /03/25
Name:
Relevant professional
qualification(s) or body
(if any):
- Address:
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*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.