Summary of LWPT Accounts
For the year ending
31 August 2015
For the year ended 31 August 2015
INCOME (£) 2015 2014
Churches 135,399 141,436
Individual donations 104,910 342,128
Legacy Income 155,837 263,818
LWP Homes for Admin support
70,000
70,000
Investment Income 25,390 7,037
Merchandise & events 11,482 15,266
Grants 7,157 8,373
Total Income 510,175 848,058
EXPENDITURE
(£) 2015 2014
Financial assistance and grants
27,439
11,180
Residents subsidies 45,941 63,236
Investment management costs 1,235 1,960
Staff costs 229,367 205,245
Other LWPT costs
105,847
69,378
Governance 27,328 35,541
Cost of Ichthus and Preach
49,312
13,744
Fundraising, merchandise &
events 15,784 53,244
Total Expenditure 502,253 453,528
Net Surplus for the Year
7,922
394,530
Net (loss)/gains on investments
(3,773)
12,908
Movement in Pension Deficit
(17,580)
(51,580)
Total funds b/f
582,410
226,552
TOTAL FUNDS C/F
568,979
582,410
Trustees’ Statement regarding the Summary Financial Information for The Leaders of Worship and Preachers Trust.
The Summary Financial Information for The Leaders of Worship and Preachers Trust has been produced for the purpose
of inclusion in the Ichthus magazine.
The information included in the Summary Financial Information has been extracted from the full financial statements of
The Leaders of Worship and Preachers Trust in respect of the year ended 31 August 2015.
The full financial statements of The Leaders of Worship and Preachers Trust in respect of the year ended 31 August 2015
were independently examined.
A copy of the full financial statements of The Leaders of Worship and Preachers Trust can be obtained from the registered
office at Unit 14 Orbital Business Park, Dwight Road, Watford, Hertfordshire WD18 9DA.
Philip Nuttall, On behalf of the Trustees of The Leaders of Worship and Preachers Trust
13 February 2016
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