## LIFEWAY PROJECT FINANCIAL STATEMENTS FOR THE YEAR TO 30 JUNE 2025 Charity Number SC 048971 Chace of tie SacituhOSCIrChat iegekter | |=|Llfeway Project $C048971 **----- Start of picture text -----**
||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Receipts|and|payments|accounts| |Forthe‘omperiod||ae(TEST|stg gsCELLeee|| |Section|A|Statement|of|receipts|and|payments| |Unrestricted|Restricted|seth|a|Total funds|Total funds|last| |funds|funds|farsi|‘damiie|current period|period| |to|nearest|£|to|nearest|£|to|nearest|£|to|nearest|£|to|nearest|£|to|nearest|[£]| |Ai|Receipts| |ee|[6494|| |es|ee|| |Recebes|Eee || |Gross trading ton rec tr|e|atingipts|ecivies| |_||ea|e|||ee| |land|and|building| |=e|eile|ee ||[aa]| |[Rents from|land & buildings|||ae || |Al|Sub|total| |A2|Receipts|from|asset &| |investment|sales| |[Proceeds from sale of|fixedassets||||| |[Proceeds from|securing bankloanA2Subtotall||||||[500]|P00||| |A3|Payments| |Expenses orang aawiies [||Ped| |eastaingpamens|x |ae| |Tnvestmentmanagenentoss|| sere| |Paymentsactivities|relating directly to charitable||7,079ee|||ina7,079|6,598| |Grats|and|donators|er||| |Sovemenceease|a||| |[Ru|dependen|xarinaion)|a0|-|[0]| |[Preparationrrofannua|accouns]|450|ssoes|||[a0[200er”| |AB|Sub|total| |A4|Payments|relating to|asset and| |Purchasesinvestmentoftedassetsmovements| |Pchase|ofivestnnis||| |AA Sub|total]| |i)|ES|a| ||ES|| |astm|tortremémis FIC) Coo| |caeloN|A|RON a|a| **----- End of picture text -----**
**----- Start of picture text -----**
APPENDIX 2 .
Lifeway Project $C048971
Section B Statement of balances
Unrestricted Expendable Permanent Total current
Categories Details funds Restricted funds endowmentfunds endowmentfunds pertod Total last -™jod
eng? to nearest & to nearest £ to nearest £ to nearest £ to nearest & to nearest&
Surplus / (deficit) shown on receipts and | me a a)
payments account
Cath an bak nes te of yur |
(Agree balances with receipts and payments
account(s))
~eta’tails Fund to which asset belongs Marketto nearestvaluation £ toLast nearest year £
Total
an Fund to which asset belongs Cost(it available) — C¥Tent valehs Last year
B3 Other assets to nearest £ |to nearest £ aeto nearest£
|
Total 0
Details Fund to which liability relates Amount due Last year
to nearest £ to nearest£
Totat = {|_S0} TH
Details Fendt which liability relates Amount(estimate) due cokyoer
to nearest £ to nearest£
Total
Signed by one or two trustees Date of
on behalf of ail the trustees Signature Print Name val
Vaal J eli | tX>
bee
R&P Accounts 2025 Final xlsx / Statement of balances 2 December 2007
**----- End of picture text -----**
## APPENDIX 1 |.leTrustees’ Annual Reportforthe period | Period start date | Period end date | | Day | Month | Year Day | Month | Year | From | 01 | 07 | 2024 | To | 30 | 06 | 2025 Office of the Scottish Charity Regulator ## Reference and administration details Charity name | Lifeway Project Other names charity is ~— GraciCiti. Church Registered charity number $C048971 Charity’s principal address 8 Kylerhea Road Thomliebank Glasgow G46 8AA | Postcode lames of the charity trustees on date of approval of Trustees’ Annual Report **----- Start of picture text -----**
Trustee Dates acted if Namie cf person
name Office (if any) fiat fac wholo\coe (or body) entitled to
y appoint trustee (if any)
| Tendai Mbaserah | Charity Director |
| Eddison Mubengo | Treasurer
| Peter Orphan | Chairperson
| Stacy Loxley | Appointed Nov 2024 |
**----- End of picture text -----**
1 **----- Start of picture text -----**
APPENDIX 2 Lifeway Project. $C048971
Section B Statement of balances
Unrestricted Restricted funds Expendableendowment endowmentPermanent Totea Total last period
Categories Details a funds funds ai
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest£
ee az.) a a)
payments=account a)
saaaia el Nee a
(Agree balances with receipts and payments
account(s))
Details Fund to which asset belongs Market valuation Last year
to nearest £ to nearest£
we = =
Total
Detalls Fund to which asset belongs Cost (if available) Current valueilable) (if Last year
BS Other assets to nearest £ |to nearest £ aeto nearest£
|
Total 9
Details Fund to which liability relates Amount due Last year
to nearest £ to nearest£
ns |
Details Fund to which liability relates —- Last year
to nearest £ to nearest£
Total
Signed by one or two trustees
on behalfof all the trustees Signature Print Name Date of
approval
| dy]Mi fego_/ ||, Ebni504 _mukeneo. fy.|
**----- End of picture text -----**
> R&PAccounts 2025 Final xlsx / Statement of balances 2 December 2007 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) Name Dates acted if not for whole year **----- Start of picture text -----**
Structure, governance and management
Type of governing document Constitution dated 18/12/2018, updated 22/03/2023.
**----- End of picture text -----**
Trustee recruitment and appointment —_New trustees are identified and appointed by the board to serve for a 3 year period after which they are eligible to be appointed for a further term. | Objectives and activities ; 3 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 services. in relation to these objects Running of lunch club and holiday club in local area. Sponsoring of children for education in African village schools. 2 ## APPENDIX 1 ## Achievements and performance Summary of the main achievements of the We are immensely grateful to our supporters for their faithfulness and generosity over charity during the the years, without which Lifeway Project would not have been able to “make a difference financial period one life at a time’. Through the continued financial and prayer support of our contributors, 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. The most vulnerable primary and secondary school children, mostly in Uganda and Zimbabwe, continue to receive assistance. Whilst grateful for our contributors generosity, we are often overwhelmed by requests to provide even more support to new children, often orphans. We know that through God's providence and timing such requests will be met by our faithful, everloving and compassionate Heavenly Father who cares even for those Christ calls “the least of these”, that is, the most disadvantaged. 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. ## Financial review Brief statement of the charity’s policy It is the policy of the charity to deploy financial resources in pursuit of the on reserves 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. **----- Start of picture text -----**
o
**----- End of picture text -----**
3 APPENDIX2 Lifeway Project $C048971 ## Additional analysis (1) Analysis of receipts and payments **----- Start of picture text -----**
‘ Expendable Permanent
Unrestricted Restricted funds endowment andovenent Total currented Totallast period
to nearest £ to nearest £ to nearest £ to nearest £ to nearest & to nearest £
[5,856y | | [5,656] |
eTa eae |ee2,625 a |4.179
TeeTe | AS | [AELSERES]
—_ mre) a Be
2 Grants Unrestnctea a J otal current Total last fod
to nearest £ to nearest £ to nearest £ to nearest £
**----- End of picture text -----**
Unrestrictedfunds acted fund Expendableiefund qauiccamnandPermanent‘Satie Totalperiod current — +4441jast period to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ a Ee ee es 5 nn er es 0ee ce GREE 5SE Fe ne eeelee SeeES ||Me ee rae |ee eel pS |St Total RPO | ese... s Payments relating directly to charitable activities **----- Start of picture text -----**
s Payments relating directly to charitable activities Expendable Permanent
ya Restrictedfunds endowmentfunds endowment «Pt Current” 441last period
to nearest £ to nearest £ to nearest £ tofundneare s t £ to—nearest £ to nearest [£]
7 ce |SER
aa
P| a |aS)
[738 [aaa
emai re |er
Pd ee: |ee
Td ee |ee
ta] [
ee | rr |
Dn |ee re |
Tota we
**----- End of picture text -----**
R&P Accounts 2025 Final.xisxAdditional notes (1) December 2007 Lifeway Project $C048971 Additional analysis (2) > 5 Breakdownof unrestricted funds ||General|||Total
Total
unrestricted
unrestricted
funds
funds
last period| |---|---|---|---|---| |Receipt:||||| |eee:|
Subtotal||es
|
Td
eta
TT
Pd
[8,481||||es|
a|eo
ee|ee
rT-|{is
ee|ee
potas|
T8481|| |Receipts from asset &investment
sales||||—| |—_e
Totalreceipts|aE!
[—_aaet)[JC
et)(J|||| |Payments||||| |||
YS|||ee |ee
es 2| |PeI
es
Sub total||
YY
|
«ASO
|
50|
hs
I|||es
[prea Pde)Je eee |
|
4s0i{S200
|
|
450]|__200|
r -I|._
84
ee)2
a|| |Payments relating to asset and investment||||| |movements||||| |Sub total||||| |Total payments||Cd
CS
ae)Ce)||| |Netreceipts/(payments)|[sama][IED||-J|dt]Lo)| |Transfersto/from)funds
Surplus /(defiei foryear|a
[— ana][____-|i
[____- I~|ee
- JD =J
tee] Da]|| |Zee||||| || | APPENDIX 2 ® . Lifeway Project $C048971 ## Section C Notes to the Accounts 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 is of funds worksheets) _{chaplaincy. ' , analysis of funds ) 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. There currently are no other funds. Type of activity or project supported pare —arants £ i: ————= 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) 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) **----- Start of picture text -----**
Number of £
trustees
C4b—Trustee expenses - wpenses for trip to Bristol inOctober2024 a ee.
cpenses for trip to Bristol in February 2025 ET x...
Transaction Balance
C5 Transactions with trustees Nature of relationship Nature of transaction sibel par iy
and connected persons
**----- End of picture text -----**
## Ls PS RRP Acrnints 2975 Final xisx / Notes 3 December 2007 —_= ## APPENDIX 1 ## Other optional information The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) me Full name(s) aac a Pi bec Tendai Mbaserah Eddison Mubengo Position (e.g. Chair) Charity Director Treasurer hae OE f 3| oI, 4 ## APPENDIX 3 |Office ofthe Scottish Charity Regulator|Office ofthe Scottish Charity Regulator| |---|---| |||
Independentexaminer’s reporton theaccounts)»| |Reporttothe
trustees/members of||
;
;
Lifeway Project| |Registered charity
EA|$C048971| |Onthe accounts ofthe
charity fortheperiod|Period startdate
Period end date
Day
|
Month
|
Year
|
Day
Month
Year| ||01
July
|
2024
|
to
|
30
June
2025| |Setoutonpages|(
bertoincludethepage
4—10commencingfromstatementofReceipts&Payments
spelenofaddition
ional sheets)| |Respective
responsibilities Of
trusteesandexaminer|Thecharity’s trustees are responsible forthe preparation oftheaccounts in accordance
with theterms ofthe CharitiesandTrustee Investment (Scotland)2005Actand the
CharitiesAccounts(Scotland) Regulations 2006. The charity trustees considerthatthe
auditrequirementofRegulation 10(1) (d) oftheAccounts Regulationsdoes not apply. It
ismy responsibility toexaminetheaccounts as required undersection 44(1) (c) ofthe
Actand to statewhether particular matters havecome to my attention.| |Basisofindependent
examiner’s statement|Myexamination iscarriedoutinaccordancewith Regulation 11 oftheCharities
Accounts (Scotland) Regulations 2006. An examination includes a review ofthe
accounting records keptby the charityand acomparison ofthe accounts presented with
those records. Italso includes consideration ofany unusual items ordisclosures in the| ||accounts and seeksexplanations from thetrusteesconcerning any such matters. The| ||procedures undertaken do notprovide all theevidence thatwould be required in an audit
and, consequently,
| do notexpress an auditopinion on the accounts.| |independentexaminer’s
statement|_ Inthecourseofmyexamination, nomatter hascometomy attention otherthanthat
disclosed on the attached page:| ||1.
which givesme reasonablecause to believe that in any material respectthe| ||requirements:
*
tokeep accounting records in accordancewith section 44(1) (a) ofthe2005 Actand| ||Regulation 4 ofthe 2006 Accounts Regulations, and
*
to prepare accountswhich accord with the accounting records and comply with| ||Regulation 9 ofthe2006Accounts Regulations| ||have not been met, or| ||2.
towhich, in my opinion, attention should bedrawn in ordertoenable a proper| ||understanding ofthe accounts to be reached.| |Signed:|.
oz
Bree, Mlb
Date:
a7/o3/26| |Name:|Brian Miller CA| |Relevant professional|| |qualification(s) orbody
(ifany):|jcp~c| |"|| |Address:|94 Blenheim Place| ||Aberdeen| ||AB25 2DY| |*Pleasedeletethewords inthe brackets iftheydonotapply. Ifthewordsdoapply, setoutthosematterswhich havecometoyourattentiononthe|| |followingpage.|| APPENDIX 3 Only complete if the examiner needs to highlight material problems. ai gplief detairoorehe[:][The][ trustees][ have][ failed to] .[ maintain] :[ accounting][records][in] ;[ a][ timely] :[ manner][ for][ the] examiner wishes to 2CCOunting period ending June 2025. These are updated via an automated bank disclose ‘tansfer link which failed to operate for the period from October 2024 to August 2025. As a result, the charity trustees did not have accurate financial information available to them throughout this period to assist them in effective management of the financial affairs of the charity. The failure of the automated bank transfer link has been investigated and the missing transactions have been included in the charity accounting records.