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



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



## **Additional information (optional)** 

You may choose to include further statements where relevant about: 

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



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



## **Achievements and Performance** 

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



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



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



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



## **Financial Review** 

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



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



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

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



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



## **Structure, Governance and Management** 

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



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



|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|
|---|---|---|
|Policies and procedures<br>adopted for the induction<br>and training of trustees|Para 1.51|There has been no change in LWC<br>trustees. Any newly appointed trustees<br>would receive a copy of the following:<br>üLWC Trust Deeds<br>üLWC Handbook<br>üCharity Commission trustee<br>welcome pack<br>üLWC Policies<br>üCurrent Charity Commission Annual<br>Report.|
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51|Living Waters Church is an independent<br>church, affiliated to the Assemblies of God<br>(600 churches)|
|Relationship with any<br>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<br>TQ3 2DQ<br>Tel. 01803 552 538|
|||



**Names of the charity trustees who manage the charity** 

|**Trustee name**<br> Tony Williams<br>Su Williams<br>Mike Courtenay<br>Allan Wardle<br>RoySullivan<br>Muriel Makatore|**Office (if any)**|**Dates acted if not for**<br>**whole year**|**Name of person (or body)**<br>**entitled to appoint**<br>**trustee (ifany)**|
|---|---|---|---|
||Chair & Senior<br>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** 

11 



## **Funds held as custodian trustees on behalf of others** 

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

12 



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 fir￿nCIal 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 i￿ar.
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 r￿POnsibility to. exarnine the acrounLs under￿ti1)rI 14) of the 2(JIl Act.. Eollow the
procedurcs Liid down in the General Dircrtions given ￿. the Charih. CoTnrri￿on 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 state￿￿￿1
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

LI￿ng 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 al￿105ed 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 Incom￿8
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

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 fir￿nCIal 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 i￿ar.
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 r￿POnsibility to. exarnine the acrounLs under￿ti1)rI 14) of the 2(JIl Act.. Eollow the
procedurcs Liid down in the General Dircrtions given ￿. the Charih. CoTnrri￿on 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 state￿￿￿1
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

LI￿ng 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 al￿105ed 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 Incom￿8
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