Trustees’ Annual Report for the period
From 01/01/2023 to 31/12/2023
Charity name: River of Life Church (Swansea Valley)
Charity registration number: 1050628
Objectives and Activities
| Objectives and Activities | Objectives and Activities | Objectives and Activities |
|---|---|---|
| SORP reference | ||
| Summary of the purposes of the charity as set out in its governing document Para 1.17 (i) To advance the Christian faith; (ii) To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services; (iii) To advance education. |
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| 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 Weekly Sunday services and midweek gatherings. |
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| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have had regard to the Charity Commission’s Guidance on public benefit |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | |
|---|---|
| Policy on grant making | Para 1.38 |
| Policy on social investment including program related investment |
Para 1.38 |
| Para 1.38 | |
| Contribution made by | |
| volunteers |
Other
Achievements and Performance
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SORP reference
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| Achievements and Performance | Achievements and Performance | 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 | Weekly congregations and group gatherings have provided spiritual guidance, teaching and improved the well-being of its beneficiaries. Practical care and support for everyday needs has also been given where needed. |
Additional information (optional) You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of fundraising
activities against objectives Para 1.41
set
Investment performance Para 1.41
against objectives
Other
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Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of theperiod |
Para 1.21 | The financial health of the charity has remained stable during 2023 and all financial obligations have been met. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity has reserves in place in order to meet ongoing expenses and set aside for future charitable activities. Some funds are invested in Kingdom Bank which supports charities with similar objects to River of Life Church. |
| Amount of reserves held | Para 1.22 | £53,950 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | There are no uncertainties relating to the charity being a going concern. |
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: |
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 | The charity’s main source of funds is the voluntary contributions made by members of the church congregation. In addition, during the year the charity disposed of a vehicle which raised £14,500. |
| 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 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution and Trust Deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | UnincorporatedAssociation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed by the church council |
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: |
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 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
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Charity name River of Life Church (Swansea Valley)
Other name the charity uses
Registered charity number 1050628
Charity’s principal address Vardre Road
Clydach
SA6 5LP
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Names of the charity trustees who manage the charity
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Christopher Pavett Chairperson Church Council
2 Ian Jenkins Church Council
3 William David Rees Church Council
Matthew Scott Church Council
4
Rees
Richard David Chairperson Church Council
5
Steadman
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved
Director name
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 (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
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) Christopher Pavett Position (eg Secretary, Trustee Chair, etc) ~~—|_————~~ Date 29th October 2024 ~~|~~
| Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1050628 River of Life Church (Swansea Valley) 01/01/2023 31/12/2023 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from piven ———ee |
Last year to the nearest £ CC16a |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Donations and Offerings 20,276 |
- | - | - | - | - | - | 20,276 | 20,276 | 14,050 | 14,050 | ||||
| Office Rental 2,400 |
- | - | - | - | - | - | 2,400 | 2,400 | 1,800 | 1,800 | ||||
| Sale of Vehicle 14,500 |
- | - | - | - | - | - | 14,500 | 14,500 | - | - | ||||
| Bank Interest 210 |
- | - | - | - | - | - | 210 | 210 | - | - | ||||
| - | - | - | - | - | - | - | - | - | - | - | ||||
| - | - | - | - | - | - | - | - | - | - | - | ||||
| - | - | - | - | - | - | - | - | - | - | - | ||||
| - | - | - | - | - | - | - | - | - | - | - | ||||
| Sub total(Gross income for AR)37,386 |
- | - | - | - | - | - | 37,386 | 37,386 | 15,850 | 15,850 | ||||
| A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - Total receipts 37,386 - - 37,386 15,850 A3 Payments ==~~=~~ |
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| Premises Related Costs 6,395 |
- | - | - | - | - | - | 6,395 | 6,395 | 10,099 | 10,099 | ||||
| Vehicle Costs - |
- | - | - | - | - | - | - | - | 830 | 830 | ||||
| Membership & Regulatory 443 |
- | - | - | - | - | - | 443 | 443 | 863 | 863 | ||||
| Staff Costs 7,515 |
- | - | - | - | - | - | 7,515 | 7,515 | 1,014 | 1,014 | ||||
| Missions Support 820 |
- | - | - | - | - | - | 820 | 820 | 2,670 | 2,670 | ||||
| Visiting Ministry - |
- | - | - | - | - | - | - | - | 500 | 500 | ||||
| Hardship Relief & Community Support 7,376 |
- | - | - | - | - | - | 7,376 | 7,376 | - | - | ||||
| Equipment Expenses - |
- | - | - | - | - | - | - | - | 143 | 143 | ||||
| Outreach Activities 337 |
337 | 337 | 143 | 143 | ||||||||||
| Misc Charitable Activities 360 |
360 | 360 | ||||||||||||
| General Administration 1,114 |
- | - | - | - | - | - | 1,114 | 1,114 | 1,120 | 1,120 | ||||
| Sub total 24,360 | - | - | - | - | - | - | 24,360 | 24,360 | 17,382 | 17,382 | ||||
| A4 Asset and investment purchases, (see table) - - - - - - - - Sub total - - - - - Total payments 24,360 - - 24,360 17,382 Net of receipts/(payments) 13,026 - - 13,026 - 1,532 A5 Transfers between funds - - - - - A6 Cash funds last year end 40,924 - - 40,924 42,456 Cash funds this year end 53,950 - - 53,950 40,924 =~~e~~ ==~~=>~~> |
CCXX R1 accounts (SS)
31/10/2024
1
Section B Statement of assets and liabilities at the end of the period
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|---|---|---|---|---|
|Unrestricted|Restricted|Endowment|
|Categories|Details|funds|funds|funds|
|to nearest £|to nearest £|to nearest £|
|B1 Cash funds|Barclays Current Account|4,387|-|-|
|Barclays Deposit Account|24,000|-|-|
|Kingdom Bank Deposit Accounts|25,563|-|-|
|Total cash funds|53,950|-|-|
|—====>|
|(agree balances with receipts and payments|
|account(s))|OK|OK|OK|
|Unrestricted|Restricted|Endowment|
|funds|funds|funds|
|Details|to nearest £|to nearest £|to nearest £|
|B2 Other monetary assets|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|——|
|Fund to which|Current value|
|Details|asset belongs|Cost (optional)|(optional)|
|B3 Investment assets|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|ee|
|Fund to which|Current value|
|Details|asset belongs|Cost (optional)|(optional)|
|B4 Assets retained for the|-|-|
|charity’s own use|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|mane|
|Fund to which|Amount due|When due|
|Details|liability relates|(optional)|(optional)|
|B5 Liabilities|-|
|-|
|-|
|-|
|-|
|Signed by one or two trustees on|Date of|
|behalf of all the trustees|Signature|Print Name|approval|
|C Pavett|29/10/2024|
|———|
|CCXX R2 accounts (SS)|2|31/10/2024|
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Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of RIVER OF LIFE CHURCH (SWANSEA VALLEY) On accounts for the year ended 31" DECEMBER 2023 Charity no (if any) 1050628 Set out on pages Rospective The charity's trustees are responsible for the preparation of the accounts. The rnsponsibilities of charity's trustees consider that an audit is not required for this year under section trustees and examiner 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5){b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of Independent My examination was carried out in accordan with general Directions given by the examiner's statement Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the acwunts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent In connection with my examination, no matter has come to my attention (oth8FthaR examiner's ststement tha¥dTr ') which gives me asonable cause to believe that in, any material respect, the requirements.. to keep accounting records in accordan with section 130 of the Charities Act,. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities AGt have not been met,. or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Date: Slgned: 3111012024 Name: Stephen Arthur Howell Relevant professional qualifiGation(s) or body (if any): ACA- ICAEW Address: 11 Gelli'r Haidd. Tonyrefail, Rhondda Cynon Taff CF39 8AP IER March 2012