LCC Community Trust
Latest income
£695k
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted funds increased to £394,999, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net incoming resource of £67,224 and the independent auditor confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Payments to trustees: Remuneration paid to Pastor M Agnew (£24,000) and Pastor B Agnew (£18,000) for services to the Church.
“During the year remuneration and other benefits were paid to Pastor M Agnew of £24,000 (2024 - £22,800) and Pastor B Agnew of £18,000 (2024 - £18,000) for the facilitation of classes and workshops and for services to the Church.” — page 24
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Trustees made donations to the charity
“During the year the trustees individually made total donations without condition to the charity totalling £37,625 (2024 - £10,168). During the year donations totalling £16,200 (2024 - £4,225) were made to the charity via businesses associated with trustees.” — page 24
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Reserves policy: three and six month’s expenditure (held: £395k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
Per FY2025 accounts as filed with CCNI.
Independent examiner: GMcG Lisburn
Per FY2025 accounts as filed with CCNI.