2024-03-31-accounts - Living Waters Pentecostal Church

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Trustees’ Annual Report for the period

From 1[st] April 2023 Period start date To Period end date 31[st] March 2024

Charity name: Living Waters Church, Paignton

Charity registration number: 1050312

Objectives and Activities


Summary of the purposes of the charity as set out in its governing document	Para 1.17	The principal purpose of Living Waters Church is the advancement of the Christian faith, in fellowship with the Assemblies of God Pentecostal denomination, particularly through worship of God, making disciples of Jesus Christ and expressing God's love to Torbay and the wider world in word and action. Our objectives are achieved by: • Regularly meeting together for public acts of worship and teaching. • Meeting in groups for fellowship and mutual support for all age groups, including children, young people, Foodbanks for the homeless and unemployed. Regular prayer and bible study, evangelism and mission, nurture and growth of Christian disciples, giving and encouraging friendship and pastoral care for all ages.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	LWC Main activities and purpose: To establish a living church that reveals God’s love, the grace and forgiveness of Jesus Christ and the power of the Holy Spirit through thousands of changed lives. LWC believes that every individual can and should have a personal relationship with Jesus Christ and has the opportunity to be part of a local, vibrant church. LWC is committed to transform the communities of Preston, Paignton and South Devon, under the leadership of our Senior Pastors Tony and Su Williams and

		by reaching out to all individuals regardless of age, race or gender. `o`Offer understanding, friendship and support to all `o`Aim to be a source of help in times of need `o`Help everyone to feel they belong here `o`Encourage and celebrate all family life, whether married, widowed, single, divorced, separated, with children or without. `o`To encounter and exalt the Lord by building a community of worshippers who express their love for God through holiness of life and through vibrant spontaneous worship, led and inspired by the Holy Spirit. `o`To empower and equip Believers through teaching, training and encouraging them to minister the life of the Kingdom of God to others `o`To extend and expand the Kingdom of God through the personal witness of every member, through corporate evangelism, church planting and all appropriate means in fulfilment of the Great Commission.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Church Council Trustees are the governing body of the Living Waters Church Charity and it holds ultimate power and responsibility for all matters concerning the Charity. The Trustees are responsible for: `o`Directing the affairs of the Charity `o`Ensuring that it is well run and solvent `o`Delivering the charitable outcomes for the benefit of the public for which the Charity was set up LWC Trustees provide leadership to the charity and make sure it is doing what it set out to with the help of the Charity Commissions’ SORP -Statement of Recommended Practice.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference	Governance: LWC had the following policies in place at the end of the financial period of this annual return: • internal charity financial controls policy and procedures • safeguarding policy and procedures • financial reserves policy • complaint’s policy and procedures • serious incident reporting policy and procedures • trustee expenses policy and procedures • campaigns and political activity policy and procedures • code of conduct, including bullying and harassment • social media policy and procedures
Policy on grant making	Para 1.38	-
Policy on social investment including program related investment	Para 1.38	The Trustees apply the funds of LWC at their discretion and in accordance with the charitable purposes on objectives of the charity.
Contribution made by volunteers	Para 1.38	The LWC Food Bankis run by Volunteers and provides a safe, warm space, food parcels, refreshments and fellowship regularly to 35+ families every week. The team of volunteers do not stop for rest weeks, summer break or holidays and the facility is available every Friday, all the year round and the team of Volunteers are passionate to serve the local community. The team of dedicated volunteers commit 2 days per week, starting Tuesdays with finding additional resources to FareShare – a service paid for by LWC. FareShare redistribute surplus food from some of the UK’s top food companies to nearly 8,500 charities and community groups. The team locateand collect additional food donations from local shops and stores, e.g. Spar and Morrisons and Bookers and bring it to church to unpack, store and redistribute for Fridays. The volunteers bridge the gap and provide a safe warm place with drinks and biscuits, soup and toasties, in addition to the weekly Food Parcel. It’s a weekly event, someone to talk to, have fellowship and the church provides a communal meeting place. PlayDatesis a weekly event for mums, dads, carers -and-toddlers during term time for the local community, staffed by volunteers.Playdates benefits many

		families in our locality and some of the families also receive weekly food parcels from the LWC Food Bank. The families and their young children can come and play and enjoy a variety of activities. It is a safe environment where people can relax and meet other adults .The team interact with everyone and offer support with prayer when asked. It is a safe environment where the parents can relax and meet other adults. Risk assessments are completed and the team have 2 First Aiders and been trained in Safeguarding.
Other		Children’s Ministry Each week we have children who attend Sunday school from age 3 to 11 and we have an average about 30 children each week but this can vary from 15 to 40 children. At present the children all come out of the main service during worship and we walk as one group down to our neighbouring Church St Paul’s Church where we hire out a number of rooms on Sunday morning, as our attendance numbers have increased and we are running out of space. We are integrating fun and faith with a time of worship, prayer and an introduction to the lesson, refreshments and an encouraging the children to build relationships and fellowship with each other. Throughout the year the team of 13 committed volunteer leaders (who are all DBS checked and have attended Safeguarding training) also organise additional children’s events, e.g. summer picnics ,park days out, annual light parties and Christmas plays and parties. The nativity play was a great success with such hard work from all the team and the children. We recorded the children telling the nativity story in their own words and acting out the nativity in the church in front of the whole congregation.

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	We have become a diversemulticultural churchwhich also included a number of asylum seekers who were housed by the Home Office at the Esplanade Hotel in Paignton until November 2023. Alongside looking after their spiritual needs, we looked after their practical needs e.g. language lessons, conversational classes and weekly food parcels. Anoutreach of friendship, kindness and support. As a growing church it has been necessary to offer 2 Sunday morning services 9.30 and 11.30 am, making an intense demand on the Pastors, Leaders, Worship Team and Volunteers. SeveralWelcome Eveningsand Arrival events took place throughout the year for all Newcomers who had joined us to ensure they felt part of what God is doing through our Church, getting to know them more, with introduction to the various ministries, giving them a snapshot of life at LWC. The aim is to establish a loving, genuine Christian Community. LWC is apraying churchwith prayers taking place every day of the week. In addition to Zoom meetings our Midweek Prayer Meeting allowed the congregation to growin deeper fellowship and connection with one another. Coming together midweek to pray on a consistent basis enhanced love for one another. Helping people explore their faith and their relationship with God can happen both during and outside of church services using fun church activities. Social eventstook place throughout the year for youth, adults, families, small groups, ladies and men’s breakfasts, outings and walks. Opportunities were created for people to engage with each other, learning together and have fun while building deeper spiritual connections. Events were regularly advertised via posters, leaflets and via the LWC Church Handbook, made accessible via the LWC Information Point in the foyer, open Sundays from 10 am – 2pm. As a church we participated inStreet Evangelism, sharing our faith, and handing out Gospel tracts and talking to and praying with people as requested.

This year saw the launch of our Upper Room Café , a café within our church which has opened regularly on a Thursday, we have seen 10 – 15 people attending regularly on a weekly basis with many more on a Sunday, where the team provides refreshments and meals to our Volunteers and who facilitate our 2 Sunday Morning Services, as well as offering refreshments to church members. The café is an integral part of LWV church community and growth, helping to build stronger relationships.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	Pastoral Care- Throughout the year, we have continued to develop a strategy of a wholistic approach to pastoral care within the body of Christ. We believe that it is incumbent on all church members to have an active role and interest in the general health and well-being of all within the body and wider afield. TheLifestyle Discipleshipprogram was a huge success in providing a forum for people to meet together in groups at the church, encompassing food, fellowship, learning, study, prayer and simply getting to know one another better. We saw between 70 to 80 people regularly attending these events. This has helped to divert some of the pressure and expectation away from the Senior Leadership to be the only point of call for general pastoral care, releasing them to focus on more critical or urgent issues, or those of a more confidential nature, which may require special handling and sensitivity. This process was further enhanced with the introduction of a Pastoral Care Co-ordinator and a Pastoral Care email address to be used for confidential and urgent matters for dealing with by the Senior Leadership. JOY Ministries- has continued to develop the over 60’s group through regular meetings and fellowship, plus the use of a dedicated WhatsApp group for communication, prayer needs and requests. The group has over 50 regular

		members and includes those from age 60 up to our current oldest member of 91, a very active group of very friendly and helpful members of Living Waters Church who support each other. Legacy Youth,ages 11-18 meet during the week for catch up and Bible study, games and activities, including sport and are great opportunities to invite friends along. Sundays are a time for teaching and conversation, a committed team of 8 young leaders facilitate, manage and co-ordinate these events, while also serving on the worship team. A number of our Youth are also part of the media team who ensure the transmission and quality of LWC’s online services. TheLWC Worship Teamcurrently consists of 9 members: 2 drummers, 1 bass guitarist, 1 guitarist, 3 singers, and 2 keyboard players. The rota is organised and issued to the team one month in advance of services who meet weekly on Thursday evenings to rehearse the Sunday worship sets, and gather again on Sunday mornings for soundcheck and a final run-through before the first service. The same team lead worship at both the 9:30 and 11:30 services. Each set includes up to four prepared songs, though this often leads into an extended period of spontaneous worship. In May 2023, the team began a 10-week Worship Together course, which we found highly beneficial. This encouraged open conversations amongst members and has contributed to both personal and team growth. As a church, the new year began with a 10- day period of prayer and fasting, during which the worship team led spontaneous worship each evening, from Monday 8 January 2024 to Wednesday 17 January 2024. Between the period of April 2023 and March 2024,16 new songs were introduced.
Performance of fundraising activities against objectives set	Para 1.41	-
Investment performance against objectives	Para 1.41	-

Other		LWC can report that NO serious incident has taken place during the reporting year 2023/2024.
Employees		Employees at the end of the financial period of this return, • How many: a. people were permanently employed by your charity? 3 • people were on fixed-term contracts with LWC? 0 • self-employed people were working for LWC? 1 • How many of the people above work on behalf of your charity outside of the United Kingdom? 0 • Number of Volunteers at LWC during financial period: 70

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	Financial review 31 March 2024 The financial position as at 31 March 2024 and the prior year are fully disclosed in the financial statements in more detail. They can be summarised as follows:- Income £174,864 (2023 £159,607) Unrestricted revenue funds available for the general purposes of the charity £274,831 (2023 £283,513) Restricted revenue funds £8,705 (2023 £9,604) Total funds £283,536 (2023 £293,117) Total unrestricted income of £174,665 (2023 £159,545) and restricted income of £nil (2023 £nil) was also received, and are detailed in the financial statements. Overall the total unrestricted funds income received from donations and legacies including tax recoverable has increased by 9.5% compared to last year which is a great blessing. The net result was net expenditure over income of £8,681 (2023: £774) on unrestricted funds. During the year the church held restricted funds of £8,705 (2023 £9,604) for: Forward 21 - £5,074 (2023 £5,074) Office building work £1,000 (2023 £1,000)

		Leadership training £650 (2023 £650) Aliyah Centre £nil (2023 £899) Other £1,981 (2023 £1,981) The trustees appreciate the generous giving of its members.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Trustees agree that a Reserves Policy is required in order to plan responsibly for times when funds may become low in order that the church can continue to meet its financial and contractual obligations during this period. In agreeing the level of reserves the Trustees considered their financial obligations and a figure of £16,000.00 has been set. This has been calculated as follows: • Enough to pay the staff one month’s wages. Enough to cover the monthly cost of insuring the property for three months - enough to meet our electricity/gas/water, salaries etc. commitments for one month. • Enough to meet redundancy costs • The Policy is reviewed annually and the list of assets updated and the amount of reserve reviewed to ensure that this is still applicable to meet the commitments of the church.
Amount of reserves held	Para 1.22	£ 16.000,00
Reasons for holding zero reserves	Para 1.22	-
Details of fund materially in deficit	Para 1.24	-
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	-

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	All regular payments are regularly reviewed to satisfy the Trustees that the relevant person is applying the funds for charitable purposes and in accordance with the objects of our trust deed. LWC teaches biblical tithing and it is still God’s design for supporting the ministry and reaching the world with the Gospel. LWC is totally self-financing and encourages all people who consider LWC their home church to contribute. The money givenona Sundayvoluntarilymeetsthe

		monthly and yearly church financial budget and allows LWC to be generous in our giving to various ministries and outreaches. All salaries, building maintenance, equipment, utility bills, church supplies and programs are paid for out of whatever comes in and is collected weekly or monthly through cash, cheques or standing orders via the bank. Financial reports are made available to everyone during the yearly Annual General Meetings. The Trustees and the LWC Accounts Manager are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Investment policy and objectives including any social investment policy adopted	Para 1.46	-
A description of the principal risks facing the charity	Para 1.46	LWC’s visiting Asylum Seeker (individuals and at times gathered in groups of 6) who were still awaiting approval (or rejection) of their asylum claim by the UK Home Office, posed risks, requiring additional needs for safeguarding and security, particularly for single women in the fellowship to ensure the Health and Safety of the congregation.
Other 990

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust Deeds
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	The LWC Trust Deed prescribe the management of the property, the operation of the church itself. It contains rules for the regulation of the assembly, such as meetings for making decisions and qualifications for membership.
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of	Para 1.25	There are currently no vacancies, the present Trustees have been serving the church for a number of years.

In case of additional appointments, the Senior Pastors with the Church Council Trustees would appoint further trustees.

any person or body entitled to appoint one or more trustees

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	There has been no change in LWC trustees. Any newly appointed trustees would receive a copy of the following: üLWC Trust Deeds üLWC Handbook üCharity Commission trustee welcome pack üLWC Policies üCurrent Charity Commission Annual Report.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Living Waters Church is an independent church, affiliated to the Assemblies of God (600 churches)
Relationship with any related parties	Para 1.51

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	There has been no change in LWC trustees. Any newly appointed trustees would receive a copy of the following: üLWC Trust Deeds üLWC Handbook üCharity Commission trustee welcome pack üLWC Policies üCurrent Charity Commission Annual Report.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Living Waters Church is an independent church, affiliated to the Assemblies of God (600 churches)
Relationship with any related parties	Para 1.51

Reference and Administrative details

Charity name	Living Waters Church Paignton
Other name the charity uses	-
Registered charity number	1050312
Charity’s principal address	358 Torquay Road, Paignton TQ3 2DQ Tel. 01803 552 538

Names of the charity trustees who manage the charity

Trustee name Tony Williams Su Williams Mike Courtenay Allan Wardle RoySullivan Muriel Makatore	Office (if any)	Name of person (or body) entitled to appoint trustee (ifany)
	Chair & Senior Pastor	LWC Church Council
	Senior Pastor	LWC Church Council
		LWC Church Council
		LWC Church Council
		LWC Church Council
		LWC Church Council
Name of trustees holding	title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	-
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	-
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	-

Additional information (optional)

Names and addresses of advisers

ames and addresses of advisers	ames and addresses of advisers	ames and addresses of advisers
Type of adviser Name Address
Accounts Manager	Tina Casling	68 Lime Tree Walk, Newton Abbot TQ12 4 LF

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date

Living Waters Pentecostal Church AnnuaI report and financial statements For the year ending 31st March 2024 Charity registration numbered 1050312

Living Waters Pentecostal Church l(nown as Living Waters Assemblies of God Page Contents Independent examiner'5 report Statement of financial activities Balance Sheet 4t09 Notes to the firnCIal statements

Independenl Exatniner's Report th the Trustees of Livin8Watets Pentecostal Chltrth For ihe year ending 31st March 2024 I report on the accounts of the Trust EOT the aEx>Ye iar. Re5peclive responsibilities of trustees and examiner The trustees are resFonsible for the preparation of the accounts. The irusW COTLsider that an audit i5 not required EOT thi5 vear undeT5ection 14112} of the Charilies Act 2011lthe 2011 Actland that a independent examxnation is needed. It is my rPOnsibility to. exarnine the acrounLs underti1)rI 14) of the 2(JIl Act.. Eollow the procedurcs Liid down in the General Dircrtions given . the Charih. CoTnrrion under5Lftion 145 151 Ibl ol the 2011 Act,. and £tate H'hether particular matters hai'e come to my attention_ Basis of independent examiner's report My examinati(m was carried out in accordance h'ith theGeneial Dirertions given bv ihe Charitv CoTnmi&sion. An exaTnination include5 a rei-ieiy of the accounlins records kepl bv the charity and a tompaTiSOn of the accounts presented with th( records. It a]50 irtclud c(Trn5ideration tsf any unusual items or disclosu in the accounts, and seekingexplanations from vou a5 trustee5 toncerning an! such matters. The PlLKedure5 undertaken do not pr(Tri"ide all the .]dence thai would LE required in an audit and con%guentli' no optnion is siven as to M,hether the accounts present a'truE and fait view, and the report i5]imited to those Malle set oul in the state1 iEIow. Independent wAatniner's stalement In connection with my examination. no Tnatter has come to mv allention which me reasonable tau* tu believe that in any ]natetial ie5pect the requirement5 tL) keep atcounttng TecLTrrds zn accordance with krtion 130 of the Act,. and to prepare ¥counls which accord M-ith the accounting rEcord5 and comply with the accounting requirements of the 2011 Act. Vincent & Co Accountants 37ShiphaY Lanc Torquav TQ2 7DU 8th NovemEEr 2024

Livin8 Waters Pentecostal Church Statement of Financiat Activities for the Year Ended 31st March 2024 Unrestricted Restricted Total Funds Funds Funds 2024 Total Funds 2023 Note Incomin8 resources Donations and legacies Income from other activities Total incoming resources 174/<J5 199 174,665 199 174.864 159,545 63 159.607 174 Resources expended Cost of operations and overhead expenditure'.- All funds expended 183,545 899 184,444 163,213 Net movements in funds (8.681) 1899) (9,580} (3,605) Reconciliation of funds Total funds brought forwaTd Total funds carried forn'ard 283.513 274,831 293,116 283,535 296,722 293,116 8.7(M

LIng Waters Pentecostsl Church Balance Sheet as at 31st March 2024 2024 2023 Note Fixed assets Tangible assets 269.945 272,275 Current assets Debtors Cash at bank and in hand 7281 9.294 16575 19,744 24,711 Creditors.. ATnounls falling due within one year 12.9831 {3,869) Net current assets Net assets 13,592 283,536 20,842 293,117 The funds of the charity: Restricted funds Unrestricted funds Total charity funds 8,705 274031 283.i36 283,513 293,117 The financial statements have t*en prepared in accordance with the Ftrtancial ReportirtgStan&d foi Smaller Entitie5 leffertive April 21XISI. Approved by the knTd on 8th NoveTnLEr 2024 and siwed on its Lrhalf by.. Trustee:

Living Wateis Pentecostal Church known as Living Waters Assemblies of God Notes to Financial Statements for the Year Ended 315t MaTeh 2024 Accounting policies The financial statements have been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (Charities SORP FRSSE) (effective I January 2015) and applicable accountins standards. The financial statements have been prepared under the historical cost convention. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are infornial £atherIn of Church members. Fund accounting policy Unrestricted income funds are general funds that are available for use at the trustees, discretion in furtherance of the objectivLS of the charity. Restricted funds are those donated for use in 3 particular area or for specific PUTposes, the use of which is restricted to that area or purpose. Further details of each fund are al105ed in note 12. Incoming resources Donations are Tecognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Incoming resources from tax reclaims are included in the statement of financial activities at the same time as the gift to which they relate. Resources expended Grants and donations (ire accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when paid. Expenditure is generallv recognised when it is incurred and is accounted for sross. Depreciation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less Fixtures, fittings and equipment etc. 20'A reducins balance basis

Living Waters Pentecostal Church known as Living Waters Assemblies of God Notes to Financial Statements for the Year Ended 31st March 2024 .continz4ed l (cont) Operating Ieases Rentals payable under operating leases are charged in the statement of financial activities on a straight line basis over the lease tenn. Donations and legacies 2024 Unrestricted Restricted Total Funds Funds Funds 2023 Total Funds Committed giving Gift Aid donations Gift Aid tax reclaimed Job Rentention Grant Other 122.190 23,015 17,331 122,190 23,015 17,331 122,407 23,478 13,180 12,129 174,665 12,129 174,665 480 159,544 Income from other trading activit 2024 2023 Interest on cash deposits 199 199 63 63

Living Waters Pentecostal Church known as Living Water5 Assemblies of God Notes to Financial Statements for the Year Ended 31st March 2024 .continued Expenditure Total Funds 2024 Total Funds 2023 Café expenses Missions Donation for Public Benefi't Other Giving Conferences Advertisins Childrens Ministry: PlayDates Childrens Mtnistry: Sunday &h(x)I Childrens Ministry: Creche Youth Ministy: Distinct Adult Ministry Food Bank Water Rates Electricity Gas Travelling Car Parkins Printing Posting Office Stationery Governance Media and computer- sub contractor Website Telephone and Internet Cnmputer Softwareg AOG Subscription Internet Subscriptions and Media Music Equipment and Tech Maintenance Cleantng Property Nqaintenance Insurance Hospilalit! Sundry Expenses Bank Char8es Training Gross Salarie5 Employers NI Pension payments Accountancy Fees Miscellaneous Depreciation 6,406 4,356 428 5,256 2,880 1,360 715 22 4,419 3,620 2,19) 4,735 1,467 5,856 2,813 198 6,394 loo 31 303 2,439 70 1.253 242 9,210 1,482 3,961 1,131 4,320 7,200 1,579 1,833 8,294 1,333 11.086 199 249 12,704 3,381 732 4,155 1479 2,263 18 1,914 193 9,943 3,667 2,116 7,953 1,179 2,325 4.328 13,389 24 68,514 827 1,435 528 1,815 2,959 184,444 65,342 662 1,340 492 3,541 163,212 Trustees'remuneration and expenses Trustee Remuneration Mr A Williams Mrs S Williams 40,926 21,665 38,869 20,293

Livins wate Pentecostal Church known as Livins Waters Assemblies of God Notes to Financial Statements for the Year Ended 31st March 2024 -conliniied Employees, remuneration The average nuTniEr of persons employed bv the charity (including trustees) durrng the year was as 2023 Charitable aclivities The aggregate payroll costs of these persons were as follows.. 2024 2023 Wages and salaries 70,777 67,344

Living Waters Pentecostal Church known as Living Waters Assemblies of God Notes to Financial Statements for the Year Ended 31st March 2024 .continued Tangible fixed assets Freehold interest in land and buildings (including heritage assets) Fixtures, Fittings & Equipment Total Cost As at l April Additions As at 31 March 2024 2023 258.110 138,518 629 139,147 396,628 629 397,257 258,110 Depreciation As at l April 2023 Charge for the year As at 31 March 2024 124,354 2,959 J27,312 124,354 2,959 127,312 Net book value As at 31 March 2024 As at 31 March 2023 258,110 258.110 11,835 14,165 269,945 272,275 Debtors 2024 2023 Operating Debtors Other debtors Prepayments and accrned income 6,706 575 4,968 7,281 4,968 CreditOTS: Amounts falling due within one year 2024 2023 Creditors Other creditors Accruals and deferred income 1,424 1,558 2,064 1,806 2,982 3,869

Living Waters Pentecostal Church known as Living Watet5 Assemblies of God Notes to Financial Statements for the Year Ended 315t March 2024 .CLmtinLied io Related parties Controlling entity The charity is controlled by the trustees. li Analysis of funds At l April Incom8 20 Resources Resource expended At 31 March 2024 General Funds Unrestrirted funds 283512 174.$64 183,545 274031 Other Funds Restricted funds 899 293,116 174.863 184,444 12 Net assets by fund Unrestricte Uttrestricted Total Funds Fund5 Total Funds Funds 2024 2023 Tansible a55ets Current a55etS 269,945 16.575 269.945 16.575 272,27i 24.ni Creditors.. Amounts falling due within one vear {19831 12,9831 13.869) Net a55ets

Living Waters Pentecostal Church AnnuaI report and financial statements For the year ending 31st March 2024 Charity registration numbered 1050312