## **Annual Report of Church Officers 2021** 

_The following church groups have submitted reports for 2020 - 21 :_ 

## **Media** 

It has often been repeated that the Church is the body of believers not just the building.  When we are encouraged in Hebrews 10 v 24-25 not to give up meeting together in order to spur each other on, it’s very easy, under normal circumstances, to equate that with attending the building and engaging in meetings and services; It’s where we gather, where we meet, where we have fellowship and where we join with others in corporate acts of worship and have communion with each other.  But the circumstances of this past 18 months have been anything but normal.  ‘Meeting’ has taken on a new, extended, meaning and we have all needed to learn new skills in order to continue to gather in such a way that we are able to continue to worship, fellowship and commune with each other, and spur each other on in our faith.  The media team have been an active part of providing creative solutions throughout this period and we thank the Pastor and Church Council for working with us to find and fund the solutions, and to ZN for attending to the necessary administrative tasks to make them happen. 

Whilst this is not an exhaustive list, this will hopefully give you a flavour of our involvement throughout the various phases of the church’s response to the various lockdown restrictions: 

Phase 1 - Pastor Phil Solo Broadcasts from home 

- ●Recording and distributing audio recordings for message on CD to those not able to access the online content 

- ●Recording several worship sessions and producing lyric videos of our worship team for use in broadcasts 

- ●Creating an ipad/mobile solution for those without internet access at home to be able engage with Sunday services, prayer meetings and Joy. 

Phase 2 - Broadcast from the building to homes 

- ●Design and build a live broadcast solution so that weekly services could be broadcast from the church building. 

- ●Install a new network in the church building to protect the integrity of the broadcast. 

- ●Integrate the broadcast system with the current sound system to improve audio quality 

Phase 3 - Hybrid meetings (in-person + at-home) 

- ●Move the broadcast system into the sound room 



●Evaluate and install new multi-positional camera to improve video content. 

I would like to place on record my thanks to both SB and MP for their constant support, each and every week, and for their willingness to learn and operate new systems in order to keep the church meetings operational.  Thanks also to ZN who has stepped in several times to help when I have not been available.  If anyone has an interest in joining the team, please do let me know. 

## **Ignite (Alternate Friday evenings)** 

Ignite is a Christian Youth Group for school years 7 – 11, that’s Secondary school age 11 to 16 years of age.   Our aim is to provide a safe environment for the young people, to give them a fun time, but also to share with them the gospel message, and bring them into a relationship with Christ and into the church. 

We started 2020 off with mostly church family children, averaging about 12 young people each fortnightly meeting.  In March 2020 when we went into lockdown, this made the normal format for ignite very difficult. We tried a couple of ideas on-line, but it was not possible to maintain this on a regular basis. 

We tried to launch a mental health discussion group called Kintsugi for this age group at the beginning of 2021, but the uptake was insufficient to make it practical. 

We are currently still trying to relaunch some form of young people work within the church and are also advertising for a youth worker through the SWYM (South West Youth Missions) agency. 

## **Slam (Thursday evening)** 

SLAM (Serve God Love others And Make a joyful noise) continued to be held on a Thursday from 6-7PM in term time, for children age 4 to school year 6 (Age 11). 

Once again, SLAM being held owes much to the help and support given by its volunteers. 

In light of COVID 19 and the suspension of in person meetings, the SLAM leaders endeavoured to make an online version of SLAM available. These were prerecorded, containing songs, games, Bible lessons (told in various ways) and having its very own dedicated news channel! 

Prior to the online versions airing, the children who attend SLAM received a home visit with a flyer and small goodie bag. There were opportunities to talk to some of the children and their parents. This was appreciated. 

Though not able to air weekly, between May 2020 and August 2021, a total of sixteen SLAM online versions became available to view. They too, covered the festivals of Christmas and Easter, and SLAM’s alternative to Halloween, SLAM Dazzle. 



## **Kids Church (Sunday morning )** 

Kids Church was held during the Sunday morning service when the church was open. We welcomed all children from ages 4 to years 7 (and 3 years old if parents attended church). Approximately 15 children attended each week. 

At the end of March 2020 we went into lockdown due to Covid 19. During the lockdown we provided activity packs for the children, including bible stories to read or watch on Youtube. Also activity sheets or a craft relating to the bible story.  We looked Super heroes in the Bible. Including Jesus, Mary, Daniel and David. 

At the Easter we had some of the children record videos of the Easter story for the Easter service. 

Kid’s church started again back in the church on May 9[th] 2021, looking at the story of Paul. During this time, we had 7 children attend, with the children staying in the service until preaching time, staying together in one group. 

## **Little Angels** 

In April this year after much working around Covid restrictions we launched 2 groups for the under 5s: 

Mini Angels for pre-crawling babies, and Muddy Angels, an outdoor group aimed at toddlers and any younger siblings too. With limited numbers, we decided to keep Mini Angels to the parents and babies that joined in the first 2 weeks. This meant that we had 9 families consistently attend between April and July. Mini Angels featured free play, songs and refreshments for adults. We also ensured each week we were available to chat and get to know the mums and babies (Dads/carers were welcome but we found Mums and a Granny were our regulars!) We were intentional about offering prayer within the group and via prayer slips which was taken up every week brilliantly. Everyone said how relaxed and at ease and welcomed they felt. As far as we are aware, no one had previous links to our Church / groups. We have invited all these families to join us in September. 

Muddy Angels featured lots of outdoor story/crafts/exploring using the Salvation Army 'Get OWT' material, and always included a link to God's creation, a prayer, some music with Christian content and a story-time 'blessing' at the end. We reached over 30 different families, the majority of whom had not been linked with the Church before, and many that travelled from well outside Coleford to join us. We had around 8-10 



families that attended on repeated occasions and we had brilliant feedback especially from them. 

Going forward in September we are continuing a 2 group format, alternating each group, as we have found the ability to build relationship with the families at Mini Angels in this age group (and smaller) context was really powerful. Both groups will be indoors at the church with some outdoor Muddy Angels sessions every half term/term when we are able. We are keen to ensure we have helpers that can be a consistent, friendly and familiar face to chat to, and to give support to parents and little ones as needed. 

Our aim with both groups is to serve the local families, providing a safe, warm and welcoming haven, the motivation being that we are sharing the love of God and _His_ care for them through us and the groups. Please speak to GW/SM if you could consider helping - this could be in the form of prayer, writing welcome cards, preparing crafts or at the group or special events. 

## **Joy (Thursday morning)** 

**JOY – Just Older Youth is just that. It is a department within Mount of Olives Coleford that focuses on those of senior age. A JOY meeting is held each Thursday, and comprises of a cooked lunch followed by a time of praise and worship, Unfortunately JOY was suspended after 12[th] March 2020 because of the coronavirus pandemic. On the 2[nd] Thursday each month a prayer, coffee and cake morning was held in place of the normal meeting.** 

**Contact has been maintained with this group throughout the pandemic by telephone calls and visitation. Where invited, communion has been held. A Christmas gift was given to each member of the group. Each also receives a birthday card.** 

**To maintain some continuity with the group videos sharing prayer, bible reading, older style worship songs, a quiz and ministry have been prepared on a 2-4 weekly basis. These have been shared on YouTube. On 5[th] August 2021 JOY had Afternoon Tea to meet together again and renew acquaintances after the pandemic.** 

**It is planned to restart the “normal regular service” of JOY in early September and hoping that others will join the group adding to the 30 or so who usually attend.** 

**Thanks must expressed to the workers who, diligently, make JOY possible.** 

**JOY, I believe remains a vital part of the Mount of Olives church in Coleford.** 



Charity number: 1050303
Mount of Olives (Coleford)
Trustees, report and financial statements
for the year ended 31 December 2020

Mount of Olives (Coleford)
Contents
Page
Legal and administrative information
Trustees report
Independent examiners, report
Statement of fmancial activities
Income and expenditure account
Intentionally Blank
Balance sbeet
Notes to the fmancial statements
9-12

Mount of Olives (Coleford)
Legal and administrative information
Charity number
1050303
Trustees
Paul Nicholls
Stephen Rosser
Terrance Mainwaring
Phil Worthington
Accountants
Oversby & Company
Unit IC
Crucible Close
Coleford
Gloucestershire
GL16 8RE
Bankers
HSBC
The Cross
Gloucester
Gloucestershire
GLI 2AP

Mount of Olives (Coleford)
Report of the trustees
for the year ended 31 December 2020
The tntstees present their report and the financia] statements for the year ended 31 December 2020. The trustees who
served during the year and up to the date of this report are Set out on page l.
Structureg governance and management
Sunday and weeknight services for all ages. Little Angels for &qrers and children up to 5 years old. Kids Church for
primary school age during Sunday AM service; SLAM for children 4 years to Year 6; Ignite youth group for Year 7 to
Year I I pupils; JOY for the over 60's with meal and varried programme; Music Group and missions outreach GEM
group for Ladies and BLOKES group for rnen.

Mount of Olives (Coleford)
Report of the trustees
for the year ended 31 December 2020
Statement of trustees, responsibilities
The trustees are responsible for preparing the Trustees, Annual Report alld the fllLqncia] statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trnstees to prepare financial statements for each financial
year which give a true and fair view of charity and of the incoming resourL%s and application of resources of the charity
for that year. In preparing these financial statements the trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Clwities SORP;
make judgements and estimates that are reasouable and PTudenL
stste whether applicable UK Accounting Standards have been followe￿ subject to any rnaterlal deparnres disclosed
and explained in the financial ststements: and
prepare the fmancial statements on the going concern basis unless it is inappropriate to presume that the charity will
continue in operation.
The trnstees are responsible for keeping proper accO￿ting records which disclose with reasonable accuracy at any titne
the financial position of the charity and enable them to ensure that the fllwicial statements comply with the Charities
Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They aTe also responsible for safeouarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other
On behalf of the board
Secretary

Mount of Olives (Coleford)
Independent examiner's report to the trustees on the Ullaudited fmancial statements of Mount
of Olives (Coleford).
I report on the accounts of Mount of Olives (Coleford) for the year ended 31 Decemlxr 2020 set out on pages 2 to 12.
Respective responsibilities of trustees and Independent examiner
As the charitys trustees you are responsible for the preparation of the account4 you consider that the audit requirement
of section 43(2) of the Charities Act 1993 (the Act), as amended by section 28 of the Charities Act 2006 does not apply
and that an independent examination is needed. It is my responsibility to examine the accounts under section 43(3)(a) of
the ACL as amended; to follow the procedures laid down in the General Directions given by the Charity Commission
under section 43(7)(b) of the Ac¢ as amended; and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My e￿￿ination was carried out in accordance with the General Directions given by the Charity Commission. An
examination includes a review of the accounling records kept by the clwity and a CA)mparison of the accounts presented
with those record& It also includes consideration of any unusual it¢ms or disclosures in the accounts, and seeking
explanations from you as trustees concerning any such matters. The procedur&s undertaken do not provide all the
evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a
e and fair view, and the report is litnited to those matters set oul in the ststement below.
Independent examiner's statement
In connection with my examination. llo matter has come to my attention:
(i) which gives me reasonable cause to believe that in any material respect the requirements-
to keep proper accounting records in accordance with section 41 of the Act; and
to prepare accounts which accord wlth the accounting records and to comply with the accountmg requirements
of the Act
have not been n￿( or
(ll) to whicty in my Opinio￿ attention should be drawn in order to enable a proper uaderstanding of the accounts to be
reache(L
Mr. Daniel John Oversby
c.p.
Independent examiner
Unit IC
Crucible Close
Colefonl
Gloucestershire
GL16 8RE

Mount of Olives (Coleford)
Statement of financial activities
For the year ellded 31 December 2020
Unrestrieted
funds
2020
Total
2019
Total
Notes
Incoming resources
Incomino resources from generating fimds:
Voluntary income
Activities for generating funds
Investment income
Other incoming resources
64,085
285
312
64,085
285
312
93,599
1,299
197
750
Tot21 incoming resources
64,682
64,682
95,845
Resources expended
Establishment costs
Motor and travelling expenses
Legal and professional fees
Other office expenses
Gifts & MissiioDS
27,762
27,762
11,810
(67)
25,633
10,088
5,791
37,362
6,177
5252
37,362
6.177
5.252
Totsl resourtt5 expended
76.553
76,553
53255
Totsl fiumls brought forward
131,707
131.707
89,117
Total funds earried foThard
119.836
119,836
131,707
The statement of fmancial activities includes all gains and losses in the year and therefore a separat¢ statement of total
recognised gains and losses has not been prepare(L
All of the above amounts relate to continuing activities.
The notes on pages 9 to 12 fonn an Integral part of these financial ststemeDt&

Mount of Olives (Coleford)
Income and expenditure account
For the year ellded 31 December 2020
2020
2019
Notes
Intome
Net gains from disposal of income fund f￿ed &ssets
64.370
94.898
750
Total income
64,370
95,648
Operating expenditure
(76.553)
(53255)
Opernting (deficit)/surplus
(12,183)
42J93
Other Ineome
Interest receivable and similar income
312
312
Retsined (deficit)/surplus for the financlaj year
(11,871)
42,590
All activities derive from contlliuing operations.
The notes on pages 9 to 12 form an integral part of these financial statements.

Mount of Olives (Coleford)
The notes on pages 9 to 12 forni an integral part of these financial ststement

Moullt of Olives (Coleford)
Balance sheet
as at 31 December 2020
2020
2019
Notes
Fixed assets
Tangible assets
Current assets
Cath at bank and in hand
31,701
31,700
89,137
101,007
89,137
101.007
Creditors: amounts falling
due within one year
(999)
(1,000)
Net current assets
88,138
100,007
Net assets
119,839
131.707
Funds
Unrestricted income fimds
119,836
131,707
Total funds
119.836
131,707
The fmancial statements were approved by the trustees on and signed on its behalf by
Paul Nicholls
Trustee
The notes on pages 9 to 12 form an Integral part ofthese financial slatemellt&

Mount of Olives (Cojeford)
Notes to fmancial statements
for the year ended 31 December 2020
Aecounting policies
The principal acLx)unti]Jg policies are SumM￿ed below. The accounting policies have been applied consistently
throughout the year and the preceding year.
1.1. Basis ofaecounting
The financial ststements are prepared under the historical cost convention and in accordance with the Statement
of Recommended Practice 'Accounting and Reporting by Charities, issued in March 2005 (SORP 2005) and the
Charities Act 1993.
1.2. Cashflow
The charity has taken advantage of the exemption in FRSI from the requirement to produce a cashfiow statement
because it is a small charity.
IJ. Incoming resources
All incoming resources are included in the statement of financial activities when the charty is entitled to the
inrA)me and the amount be quantified with reasonable accuracy. The following specific policies are applied to
particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of
fmancial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific
perforniance by the cknty. are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of
servicxs provided by volunteers has not been include
Gifts donated for resale are illcluded as incoming resources within activities for generating funds when they are
sol(L
Income from the charity shop is included in the year in which it is receivable.
Income from investments is included in the year in which it is receivable.
1.4. Resources expended
Expenditure is recogllised on an accrual basis as a liability is incurred. Expenditure includes any VAT which
annot be fulty recoverf and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading
for fimthaising putposes including the charityes shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that ¢an be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of
disseminating ]nforn￿tion in support of the charitable activities.
Support costs are those costs incurred directly ill support of expenditure on the objects of the charity and include
project managemenL

Mount of Olives (Coleford)
Notes to fmaneial statemellts
for the year ellded 31 December 2020
1.5. Tangible r￿ed assets and depreciation
Tangible r￿ed &ssets are stated at cost less accumulated depreciatioJL Depreciation is provided at rates calculated
to write off the cost less residual value of each asset over its expected useful life. as follows:
Land and buildings
Fixtures, fittings alld equipment
Straight line over years
20% Strdigbt Line
Voluntary income
UnrutrACted
funds
2020
Totsl
2019
Totsl
Offerings. Collections and Donations
Gift Aid
Gifts
Designated Building Gifts
Designated Gilts Great Oaks
Tax Refunds
57,752
57.752
27,456
31912
50
20,000
313
12,868
6.333
6,333
64,085
64,085
93,599
Activities for generating funds
Unrestrieted
funds
2020
Totsl
2019
Total
Hire of Building
Trips
Tuck Shop
Donations from Materials distributed
780
65
168
52
65
168
52
429
90
285
285
1,299
Investment income
Unrestricted
funds
2020
Total
2019
Total
Bank interest receivable
312
312
197
312
312
197

Mount of Olives (Coleford)
Notes to fmancial statements
for the year ended 31 December 2020
Other incoming resources
2020
Totsl
2019
Total
Gain on disposal of tangible fixed ￿ets
750
750
Employees
Employment costs
A salary w&s paid to the Minister and is included in the costs outlined ill Training and Teachi￿ This includes
the cost of a Pension Scheme.
Number of employees
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of
ll time equivalen￿ was as follows:
2020
Number
2019
Number
Minister
Land 2nd Fixtures,
buildings fittings and
freehold equipment
Tangible fixed assets
Totsl
Cost
At l January 2020 and
At 31 December 2020
31,000
500
200
31.700
Net book values
At 31 December 2020
31,000
500
200
31,700
At 31 December 2019
31.000
500
200
31.701
Creditors: amounts falling due
within one year
2020
2019
Trade creditors
I,￿0
1,000

Mount of Olives (Coleford)
Notes to financial statements
for the year ended 31 December 2020
Analysis of net assets between funds
Unrestricted
funds
Total
funds
Fund balances at 31 DecembeT 2020 as represented by.
Current assets
119.836
119,836
I 19,836
119,836
10. Unrestrieted funds
At
At
1st April Incoming Outgoing 31st March
2020 resources resources
2020
Unrestricted Funds
131,707
64,682
(76,553)
119,836
Purpose5 of unrestricted funds
General Fullds for Runing Costs

Mount of Olives (Coleford)
The following pages do not form part of the statutory accounts.

Moullt of Olives (Coleford)
Detailed statement of finalleial activities
For the year ended 31 Decejnber 2020
2020
2019
Charitable activities
Actfvity I
Aciivilies w7derlaken direcily
Establisbment - Light & heat
Estsblislllnent - Rep. & n￿Ant.
Estsblisbment . Insurance
Establisbment- Other
Training & Teaching
Visiting Speakers
Teaching Resources
Bible&lBooklMagrines
Publicity Outreach
3.091
21,483
1,608
1.084
35.819
251
3,509
3248
2,441
1.521
1,163
23,525
1,401
2,156
355
329
200
67.191
36.139
Support cosis
Professional - Other
Postage and Sationery
Telephone
Subscriptions and LiLxnces
Office Equipment
Cojllputer Costs
1292
93
1,076
664
50
439
707
23
1.020
4.176
378
1.651
3,614
7.955
Activity I totsl expenditure
70,805
44,094
Total charitsble activity expenditure
70,805
44,094
Other resourees expended
Gifts & Missiions
5,252
5,791
Net incominW(outgoing) resources for the year
(88,629)
(36,860)

Mount of Olives (Coleford)
Detailed statement of fmaneial activities
For the year ended 31 Deeember 2020
2020
2019
Incomfing resources
Incoming resources from generatlng funds:
Yolunlary income
Offtrings, Colkctions and Donations
Gift Aid
Gifts
Designated Building Gifts
Designated Gifts Great Oaks
Tax Refunds
57,752
27.456
32,912
50
20.000
313
12.868
6.333
64,085
93599
Activiliesfor generalingfvnds
Hire of Building
Trips
Tuck Shop
Donations from Materials distributed
780
65
168
52
429
285
1299
IM?￿lment income
Bank interest receAvable
312
312
Totsl incomlng resources from generating funds
64,682
95,095
Other incoming resources
Gain on disposal of tangible fixed assets
750
750
Total incoming resources
64.682
95.845
Resollrces expended
Costs of generating funds:
Fundraising trading:
eost of goods sold and other Costs
Community Fellowship
Catering
Tuck Shop
Fellowship Support
Fellowship Recreation
Transport
1,676
663
247
851
(67)
480
100
(84)
496
3.370

Moullt of Olives (Coleford)
Detailed statement of fmancial aetivities
For the year ended 31 December 2020
Total fundraismng trading
cost of goods sold and otber costs
496
3.370
Total costs ofgenerating funds
496
3,370

Charity number: 1050303
Mount of Olives (Coleford)
Trustees, report and financial statements
for the year ended 31 December 2020

Mount of Olives (Coleford)
Contents
Page
Legal and administrative information
Trustees report
Independent examiners, report
Statement of fmancial activities
Income and expenditure account
Intentionally Blank
Balance sbeet
Notes to the fmancial statements
9-12

Mount of Olives (Coleford)
Legal and administrative information
Charity number
1050303
Trustees
Paul Nicholls
Stephen Rosser
Terrance Mainwaring
Phil Worthington
Accountants
Oversby & Company
Unit IC
Crucible Close
Coleford
Gloucestershire
GL16 8RE
Bankers
HSBC
The Cross
Gloucester
Gloucestershire
GLI 2AP

Mount of Olives (Coleford)
Report of the trustees
for the year ended 31 December 2020
The tntstees present their report and the financia] statements for the year ended 31 December 2020. The trustees who
served during the year and up to the date of this report are Set out on page l.
Structureg governance and management
Sunday and weeknight services for all ages. Little Angels for &qrers and children up to 5 years old. Kids Church for
primary school age during Sunday AM service; SLAM for children 4 years to Year 6; Ignite youth group for Year 7 to
Year I I pupils; JOY for the over 60's with meal and varried programme; Music Group and missions outreach GEM
group for Ladies and BLOKES group for rnen.

Mount of Olives (Coleford)
Report of the trustees
for the year ended 31 December 2020
Statement of trustees, responsibilities
The trustees are responsible for preparing the Trustees, Annual Report alld the fllLqncia] statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trnstees to prepare financial statements for each financial
year which give a true and fair view of charity and of the incoming resourL%s and application of resources of the charity
for that year. In preparing these financial statements the trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Clwities SORP;
make judgements and estimates that are reasouable and PTudenL
stste whether applicable UK Accounting Standards have been followe￿ subject to any rnaterlal deparnres disclosed
and explained in the financial ststements: and
prepare the fmancial statements on the going concern basis unless it is inappropriate to presume that the charity will
continue in operation.
The trnstees are responsible for keeping proper accO￿ting records which disclose with reasonable accuracy at any titne
the financial position of the charity and enable them to ensure that the fllwicial statements comply with the Charities
Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They aTe also responsible for safeouarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other
On behalf of the board
Secretary

Mount of Olives (Coleford)
Independent examiner's report to the trustees on the Ullaudited fmancial statements of Mount
of Olives (Coleford).
I report on the accounts of Mount of Olives (Coleford) for the year ended 31 Decemlxr 2020 set out on pages 2 to 12.
Respective responsibilities of trustees and Independent examiner
As the charitys trustees you are responsible for the preparation of the account4 you consider that the audit requirement
of section 43(2) of the Charities Act 1993 (the Act), as amended by section 28 of the Charities Act 2006 does not apply
and that an independent examination is needed. It is my responsibility to examine the accounts under section 43(3)(a) of
the ACL as amended; to follow the procedures laid down in the General Directions given by the Charity Commission
under section 43(7)(b) of the Ac¢ as amended; and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My e￿￿ination was carried out in accordance with the General Directions given by the Charity Commission. An
examination includes a review of the accounling records kept by the clwity and a CA)mparison of the accounts presented
with those record& It also includes consideration of any unusual it¢ms or disclosures in the accounts, and seeking
explanations from you as trustees concerning any such matters. The procedur&s undertaken do not provide all the
evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a
e and fair view, and the report is litnited to those matters set oul in the ststement below.
Independent examiner's statement
In connection with my examination. llo matter has come to my attention:
(i) which gives me reasonable cause to believe that in any material respect the requirements-
to keep proper accounting records in accordance with section 41 of the Act; and
to prepare accounts which accord wlth the accounting records and to comply with the accountmg requirements
of the Act
have not been n￿( or
(ll) to whicty in my Opinio￿ attention should be drawn in order to enable a proper uaderstanding of the accounts to be
reache(L
Mr. Daniel John Oversby
c.p.
Independent examiner
Unit IC
Crucible Close
Colefonl
Gloucestershire
GL16 8RE

Mount of Olives (Coleford)
Statement of financial activities
For the year ellded 31 December 2020
Unrestrieted
funds
2020
Total
2019
Total
Notes
Incoming resources
Incomino resources from generating fimds:
Voluntary income
Activities for generating funds
Investment income
Other incoming resources
64,085
285
312
64,085
285
312
93,599
1,299
197
750
Tot21 incoming resources
64,682
64,682
95,845
Resources expended
Establishment costs
Motor and travelling expenses
Legal and professional fees
Other office expenses
Gifts & MissiioDS
27,762
27,762
11,810
(67)
25,633
10,088
5,791
37,362
6,177
5252
37,362
6.177
5.252
Totsl resourtt5 expended
76.553
76,553
53255
Totsl fiumls brought forward
131,707
131.707
89,117
Total funds earried foThard
119.836
119,836
131,707
The statement of fmancial activities includes all gains and losses in the year and therefore a separat¢ statement of total
recognised gains and losses has not been prepare(L
All of the above amounts relate to continuing activities.
The notes on pages 9 to 12 fonn an Integral part of these financial ststemeDt&

Mount of Olives (Coleford)
Income and expenditure account
For the year ellded 31 December 2020
2020
2019
Notes
Intome
Net gains from disposal of income fund f￿ed &ssets
64.370
94.898
750
Total income
64,370
95,648
Operating expenditure
(76.553)
(53255)
Opernting (deficit)/surplus
(12,183)
42J93
Other Ineome
Interest receivable and similar income
312
312
Retsined (deficit)/surplus for the financlaj year
(11,871)
42,590
All activities derive from contlliuing operations.
The notes on pages 9 to 12 form an integral part of these financial statements.

Mount of Olives (Coleford)
The notes on pages 9 to 12 forni an integral part of these financial ststement

Moullt of Olives (Coleford)
Balance sheet
as at 31 December 2020
2020
2019
Notes
Fixed assets
Tangible assets
Current assets
Cath at bank and in hand
31,701
31,700
89,137
101,007
89,137
101.007
Creditors: amounts falling
due within one year
(999)
(1,000)
Net current assets
88,138
100,007
Net assets
119,839
131.707
Funds
Unrestricted income fimds
119,836
131,707
Total funds
119.836
131,707
The fmancial statements were approved by the trustees on and signed on its behalf by
Paul Nicholls
Trustee
The notes on pages 9 to 12 form an Integral part ofthese financial slatemellt&

Mount of Olives (Cojeford)
Notes to fmancial statements
for the year ended 31 December 2020
Aecounting policies
The principal acLx)unti]Jg policies are SumM￿ed below. The accounting policies have been applied consistently
throughout the year and the preceding year.
1.1. Basis ofaecounting
The financial ststements are prepared under the historical cost convention and in accordance with the Statement
of Recommended Practice 'Accounting and Reporting by Charities, issued in March 2005 (SORP 2005) and the
Charities Act 1993.
1.2. Cashflow
The charity has taken advantage of the exemption in FRSI from the requirement to produce a cashfiow statement
because it is a small charity.
IJ. Incoming resources
All incoming resources are included in the statement of financial activities when the charty is entitled to the
inrA)me and the amount be quantified with reasonable accuracy. The following specific policies are applied to
particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of
fmancial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific
perforniance by the cknty. are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of
servicxs provided by volunteers has not been include
Gifts donated for resale are illcluded as incoming resources within activities for generating funds when they are
sol(L
Income from the charity shop is included in the year in which it is receivable.
Income from investments is included in the year in which it is receivable.
1.4. Resources expended
Expenditure is recogllised on an accrual basis as a liability is incurred. Expenditure includes any VAT which
annot be fulty recoverf and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading
for fimthaising putposes including the charityes shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that ¢an be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of
disseminating ]nforn￿tion in support of the charitable activities.
Support costs are those costs incurred directly ill support of expenditure on the objects of the charity and include
project managemenL

Mount of Olives (Coleford)
Notes to fmaneial statemellts
for the year ellded 31 December 2020
1.5. Tangible r￿ed assets and depreciation
Tangible r￿ed &ssets are stated at cost less accumulated depreciatioJL Depreciation is provided at rates calculated
to write off the cost less residual value of each asset over its expected useful life. as follows:
Land and buildings
Fixtures, fittings alld equipment
Straight line over years
20% Strdigbt Line
Voluntary income
UnrutrACted
funds
2020
Totsl
2019
Totsl
Offerings. Collections and Donations
Gift Aid
Gifts
Designated Building Gifts
Designated Gilts Great Oaks
Tax Refunds
57,752
57.752
27,456
31912
50
20,000
313
12,868
6.333
6,333
64,085
64,085
93,599
Activities for generating funds
Unrestrieted
funds
2020
Totsl
2019
Total
Hire of Building
Trips
Tuck Shop
Donations from Materials distributed
780
65
168
52
65
168
52
429
90
285
285
1,299
Investment income
Unrestricted
funds
2020
Total
2019
Total
Bank interest receivable
312
312
197
312
312
197

Mount of Olives (Coleford)
Notes to fmancial statements
for the year ended 31 December 2020
Other incoming resources
2020
Totsl
2019
Total
Gain on disposal of tangible fixed ￿ets
750
750
Employees
Employment costs
A salary w&s paid to the Minister and is included in the costs outlined ill Training and Teachi￿ This includes
the cost of a Pension Scheme.
Number of employees
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of
ll time equivalen￿ was as follows:
2020
Number
2019
Number
Minister
Land 2nd Fixtures,
buildings fittings and
freehold equipment
Tangible fixed assets
Totsl
Cost
At l January 2020 and
At 31 December 2020
31,000
500
200
31.700
Net book values
At 31 December 2020
31,000
500
200
31,700
At 31 December 2019
31.000
500
200
31.701
Creditors: amounts falling due
within one year
2020
2019
Trade creditors
I,￿0
1,000

Mount of Olives (Coleford)
Notes to financial statements
for the year ended 31 December 2020
Analysis of net assets between funds
Unrestricted
funds
Total
funds
Fund balances at 31 DecembeT 2020 as represented by.
Current assets
119.836
119,836
I 19,836
119,836
10. Unrestrieted funds
At
At
1st April Incoming Outgoing 31st March
2020 resources resources
2020
Unrestricted Funds
131,707
64,682
(76,553)
119,836
Purpose5 of unrestricted funds
General Fullds for Runing Costs

Mount of Olives (Coleford)
The following pages do not form part of the statutory accounts.

Moullt of Olives (Coleford)
Detailed statement of finalleial activities
For the year ended 31 Decejnber 2020
2020
2019
Charitable activities
Actfvity I
Aciivilies w7derlaken direcily
Establisbment - Light & heat
Estsblislllnent - Rep. & n￿Ant.
Estsblisbment . Insurance
Establisbment- Other
Training & Teaching
Visiting Speakers
Teaching Resources
Bible&lBooklMagrines
Publicity Outreach
3.091
21,483
1,608
1.084
35.819
251
3,509
3248
2,441
1.521
1,163
23,525
1,401
2,156
355
329
200
67.191
36.139
Support cosis
Professional - Other
Postage and Sationery
Telephone
Subscriptions and LiLxnces
Office Equipment
Cojllputer Costs
1292
93
1,076
664
50
439
707
23
1.020
4.176
378
1.651
3,614
7.955
Activity I totsl expenditure
70,805
44,094
Total charitsble activity expenditure
70,805
44,094
Other resourees expended
Gifts & Missiions
5,252
5,791
Net incominW(outgoing) resources for the year
(88,629)
(36,860)

Mount of Olives (Coleford)
Detailed statement of fmaneial activities
For the year ended 31 Deeember 2020
2020
2019
Incomfing resources
Incoming resources from generatlng funds:
Yolunlary income
Offtrings, Colkctions and Donations
Gift Aid
Gifts
Designated Building Gifts
Designated Gifts Great Oaks
Tax Refunds
57,752
27.456
32,912
50
20.000
313
12.868
6.333
64,085
93599
Activiliesfor generalingfvnds
Hire of Building
Trips
Tuck Shop
Donations from Materials distributed
780
65
168
52
429
285
1299
IM?￿lment income
Bank interest receAvable
312
312
Totsl incomlng resources from generating funds
64,682
95,095
Other incoming resources
Gain on disposal of tangible fixed assets
750
750
Total incoming resources
64.682
95.845
Resollrces expended
Costs of generating funds:
Fundraising trading:
eost of goods sold and other Costs
Community Fellowship
Catering
Tuck Shop
Fellowship Support
Fellowship Recreation
Transport
1,676
663
247
851
(67)
480
100
(84)
496
3.370

Moullt of Olives (Coleford)
Detailed statement of fmancial aetivities
For the year ended 31 December 2020
Total fundraismng trading
cost of goods sold and otber costs
496
3.370
Total costs ofgenerating funds
496
3,370