Life CHURCH. Life Church Bollington Annual Accounting Statement For the twelve months ending 31st December 2020 Registered charity number: 1051801 Charrty Name: Bollin8ton Cthristian Life Church
Contents Legal and Administrative nformation Report of the Trustees Financial Review Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Legal and Administrative Information Legal Charlty Name". Bollln8ton Christian Life Church Known as: Life Church- 8olllngton Other names the tharlty Is known by: Bollington Llnkln8 Lives Charlty Web Slte: www. bolllngton.org.uk Registered charlty number: 1051801 For flnanclaS year commeIng. For flnancial year endln8 On: lJanuary 2020 31 December 2020 Charity's Principal Address: Hawthorn Road, Bolliiwn, Macclesfield, chesh1, SKIO 5JN Trust bankers: TSB Bank Plc.. Henry Duncan House, 120. George Street, Edinburgh EH12 4LH Independent Examiner: Grace Accounti 14 Holly Drive, Coventry. CV8 3QA
Trustees, Annual Report Report to the trustees of Bollington Christian Life Church The Trustees present thelr annual rerM)rt together with the financlal statements for the twelve months ended 310ecember 2020. The charity carries out its actiwties underthe nner of Life Church- Bollington. Reference and Adminlstrative Information Governln8 Document: The obJertive5. organisation, managemerrt and operations of Bollington Christian Ufe Church is governed by a deed of trust. the oriwnal of which is held at Assemblies of Gcd Property Trust in Nottingham. The constitution and tnt deed were adopted on 10 January 2(. Fellowship relationship: Bollington Christian Life Churth remains in relationshlp and fellowship with the churches forming Assemblies of God in Great Britsin and Ireland, whose office is located at National Ministry Centre. Retford Road. Mattersey, Doncaster. DWIO 5HD The principal address and other statutory infomiation about the chartty is listed on the contents page. Holding Trustees: The management of the trust 15 by a church counol which has the power, by simple majority vote. to appoint holdlng trustees who stand wssessed of all the property of the trusL Name Name of person entltled to appoint trustO88 whole year Rev Slephen Thcfftas {Chai¢ Mr Geoffrey RKthard Asde Rev Harokl Oliver (Secrdary) HcAdrKJ Tntstae Ht*Jwb3 Trstee HOldW Trustee New Trustees are made avre of the work of the charity aad of joining the board. This includes being fully briefed about the vision and purpose of the diarity arKI being given information on the role of a trustee. No Trustees retired or were appointed in the perlod. Attounts Preparation: The accounts are prepared on a Recelpts and Payments BasS5
Trustees. Annual Report Report to the trustees of Bollington Christian Life Church Risk Management Where appropriate, systems or prdureS have been estsblished to mitigate the risks the charty faces. Internal control risks are minirnlsed by the implementstion of procedures for authorisation of all transactions and projects. Due to the current slze of the chatity, the trustees believe the rrsks to the charfty to be Small. Controls used by the tharity Include: Formal agendas for all 8oard activitles Strategic plannin& budgeting and management accounting Formal written policies Memorandums of Understanding with partner or8anisations Clear authorisation al appraisal levels Charitable Objectives The main objects of the trust remain those of the wodamation and furtheran of the Chrfstlan 8ospel message. In detail. the obJertive5 are classFfied as follows: To advance the Christian faith in accordance with the ststement in such ways and in such parts of the United Klngdorn or the worfd as the church counul frorn time to time may think fft: To lIeVe sickness and financial hardship and to promote and preserrfe good health by the provision of fvn(ts* goods or servi5 of any kind including the provision of counsellin8 and support in such parts of the Unlted Kingdom orthe world as the church council from time to time think frt: To a(fv3nce educatlon in such vyS and In such parts of the United Kingdom orthe world as the thurch council from time to time may think frt.
Trustees, Annual Report Report to the trustees of Bollington Christian Life Church Activities and achievements of the charity during the year This is the general report for the Year 2020 (January tst- Dernber 31st) 2020 proved to be 8 Challen81r year for everyone, and thls brief report outllnes the work of the church durlng thi5 trying year. The focus of the church toward its members. was the contlnulng development of Dlsclple Maklng Groups, to help people learn the ways of a Christian, and put them into prartlce. These small groups met In varlous locatlons and soclal settlngs from homes, to cafes and restaurants. The developing method of leaming in a small group and the study style were under corstsnt revSew durin8 the year, as this was a new approach for the church. Unfortunately the arrival of Covld19 meant that the soclal Interaction In these groups was curtalled due to lockdown and Social distancin& however some new groups were stsrted, and others continued vla Zoom. January and February saw normal thurch seNices and events tsklng place. However wlth the arrival of the pandemic, and consequent lockdowns, and wlth the Closu of Churches. these setvlces had to be stopped. Very qulckly onllne servl¢es, through the rnedlum of a Facebook group and a YauTube channel, were Inltlated, thus allowlng a weekly connectlon and worship opportunlty to rnernbers of the churth famlly. When the G¢)vemment released the natlon from lockdown In Juty, and after a mandatory Rlsk Assessment was carrled out by the trustees. wlth all necessary precautlons in pla, VrshiP serlices resumed, albeit with reduced capaclty due to soclal dlstanclng In accordance wlth our Risk Assessment. Slnce returnlng to actual In person meetin8S, the church has contlnued to Live Stream tts ser¥lces. thu$ reachlng out to those members who remalned anxlous about exposure to C¢)vidl9. Our Alpha Course outreath partlally stalled to lockdown. H¢)wever • Zoorn Pha was stsrted In March, and proved successful, seeSng several new people joln the church. In July an Alpha began In the maln bulldln& and agaln thls proved Successf wlth new people attendl The coffee mornlng outreach had to be curtalled In March due to Covld19, and because of the average age of those attendlng th15 event, it was deemed too risky to re*art durlng the year. The Llnklng Llves mlnlstry was also hard hlt by Covid19. Thls befriendlng stheme, whlch relies so heavlly on face to face tlme, wa5 severely restricted due to lockdown regulatlons. However the team dld an amazin8 job, and dld everythlng they could to malntain connectlons vla phone, letter, cards and small parcels and 8lfts. The churches generosity overseas has contlnued by regular support through World of Worth. In the year the hurch also partlcularly re5Fnded to the Beirut expbslon and both a cydone and Co¥ld19 needs in Mozamblque, Late in 2019 the work on a new bulldlng extenslon be8an. Through the whole of 2020 thFs work has conttnued as Income for the project was reived. Though not yet finished, phase l of this work was significantly advanced durlng a very challengln8 year for both builders and donors alike. A loop system was also Installed during the year. with somè new media equlpment purchased, and new skills learned. Some essentlal roof repairs were also carrled out to the rear of the bullding.
Trustees, Annual Report Report to the trustees of Bollington Christian Life Church Financial Review Prlnclpal Funding Sources Total restrleted and unrestrkted glfts and donations in the 12-month period to 31 December 2020 amounted to £137,14012019: £89,735), an increase of 52.8%. Unrestrlcted Income amounted to £69,62612019: £67,9491 with regular tlthes and offerlng provlng reslllent through the Covid19 ParMie, whilst restrF¢ted income of £67,514 12019: £21,786) represented a material YearTryear Increase as the congregation falthfully gave toward5 the church bulldin8 fund. Expenses of £125.902 {2019: £95,856) were incurred, an Increase of 31.3% of whlch £71,15312019: £73,469) related to unre5trlcted expendlture and £54.749 12019: £22,387) to restrlcted expendlture, the Increase In expendlture relating extenslon of the churth bulldln8 referenced eartler. In the perlod to 31 December 2020. net incornlng resources were £11,23712019: out8oln8 £6.1201 of whlth the unrestrlrted deficit amounted to £1,52812019.. £5,520) and the restricted surplus amounted to £12,76512019: deficit £6011. £NII12019: £NIII was transferred to the Restrlcted Fund In the year. As at 31 December 2020. the thurch had totsl cash funds avallatAe to It of £35.938 {2019: £24.7CQI of which £22,739 {2019.' £24.2661 was classified as unrestrlcted and £13,19912019: £4341 as restflcted. There were Th) outstsndlng loans or mort8ages by the chadty. Freehold land and property, relatln8 to Hawthorn Road, Bollln8ton, Macclesfield, Cheshlre, SKIO 5JN is capltsllsed on the balance sheet at £54,233. A valuatlon was carrled In 2014 that valued land and bulldln8s at £140,0(x). A further £5701s held in other fed assets for whlch the current value Is deemed to be £265. Investment Pollcv Aslde from bulldlng and retalnln8 a prudent amount In seIe5 each year, rnst of the CharItS funds are to be spent In the short term to meet the charltles obJertl¥es. Where surplus fvnds a held over, these wlll be held on deposit wlthln the CharlVs maln bankln8 facllltles. If substantE•l funds are E¥Jilt up ahead of being deployed to outwork the CharlVs oblectlves, the trustees wlll conslder low rlsk bank overnl8ht deposltary fadlltles. Reserves Polley The pollcy of the church is to keep, In reserve fvnds. the equivalent of three months average runnlng costs. The church 5eek5 to be prudent wlth Its finances and Is aware of the possiblllty of flurtuations in Its Income. It also wishes to have funds In resep4e to tske advants8e of opportunttles that arfse to expand the vffjrk or respond to emer8ency needs as they arlse. For thls reason, the Tntee$ deem It w15e to set aslde funds equfvalent to at least three months average runnin8 costs at this tlme. In order to ensure that fund5 are kept at thls level the Trustee$ have agreed to set aslde any surplus Income and pay It into the buslness account on a regular basis until thi5 level is reached. Details of thls can be found In our flnanclal statement. The level of our reserrfes Is mon[tod quarterly at the Trustees meetln8. At the balae sheet date, the church holds. In unresrrfcted cash reserve5, the equlvalent of four (2019.. four) months total unrestricted operating expenditure. The board of trustees have approved the report above. SSgned". Full Name: H Oliver Posltlon: Secretsry Date:
Independent Examiners Report on the Annual Accounts Report to the trustees of Bollington Christian Life Church egistered Charlty number: 1052316 For accounts coverlrva twelvtrmonth perlod ended: 31 December 2020 prepareil on a Recelpts and Payments bas1S. Re5pectlve responslbilltle5 of tru5tee5 and Independent Examiner The charity's trustees tonsider that an audit is not required forthls yÈar under sertion 144121 of the Charities Act 2011 (the 2011 Actl and that an Independent examlnatlon ts needed. It ts my responsibility to: exarnlne the a¢¢ounts under section 145 of the 2011 Art: to follow the procedu$ lald down In the8eneral Dirertlon$ 8fven by the Charity Commission under section 14515)Ibl olthe 2011 Act: and to State whether particular mattets have corr to my attentS0n. Basis of independent examFner's report My examlnatlon was ¢arrled out in accordance wlth the 8eneral Oirections gfven by the Charlty Comm1551on. An examlnatlon Includes a revlew of the a¢countln8 records kept by the charlty and a comparison of the accounts presented wlth those retords. It also includes co1eratIoN of any unusual Items or dJsdosurÈs In the accounts and seekln8 explanatlons from you as trustees con¢emln8 any such matters. The procedures undertaken do not provide all the evldence that would be requlred In an audlt and consequently no oplnlon ts glven as to vknether the accounts present a Inje and falrvlew, and the report Is Ilmlted to those matters set out In the statement below. Independent examiner's statement In ¢onnertlon wtth my examlnath)n. no matter has to my atrentlon: 11 whlch glves me reasonable cause to belleve that In arry mater5al respert the requlrements: to keep accountlng re¢ords In accordance wtth sertlon 130 of the 2011 Act: and to prre xcounts whlch accord wlth the accountln8 records and ¢ompty wlth the accountlry requlremertrts of the Xlll Act have twt been met; or 121 to whkh, In my oplnbon. attentlon shId be drThn In orderta enable a kyoper ¥nderstandln8 ol the accounts to be reached." In Connectlon wlth my examlnatlon, othr m•tter, emcept that referred to In the above paraBraphs, have come to my attentlon,, 111 Whlch 8lv•s m• re•sonable to belt¢¥e th•t In any materfal respect the requlrements 141 to keep accoundn8 records In accordance wlth sertlon 130 of the 2011 Art: arbd Ibl to prepare accounts whlch accord wtth the accountlng records and to comply wlth the requlrements of the 2011 A¢t have not been m•t.' or 21 to whl¢h. In my oplnlon, attentlon should be drnwn In order to enable a proper understsndkn8 of the accounts to be reached. Name: Grace Accountln8 Date: 10 Aprfl 2021 Address: Gra Accountln& on tnsMOre. Warwkk3Nre
Accounting Statement For the 12 month period to 31 December 2020 Bollington Chrlstlan Ltfe thurth- Charity Number 1051801 Sectlon A Unrestricted Funds Recelpts Breakdown uslng (kn Anatyds 10211 zozo ZOX9 2019 (lfft$ &VohJrtwy RK•lMs Glfts Tlth85 & Offerln Incofffax Re¢owyfyM GtftJd G5ft5 In Klnd & WclL% 51236 14,593 52376 9th)2 65029 61378 R•dpts from Tr•dlry A¢tMtI SubstrIon$ & Fees Cafe Incon¥ A•tylpts ••m•dfrom •M•ts Rents Re¢¥ Oth•r Il•¢•lpti &Jndry Incon Intsre5t ft11¥ Rent 2C 20 3,797 6J72 67 Payments 8r•akdown Uslnl Own Anty 2020 2020 2019 2019 Mlnlstry S•l•rfw & Exp$ nlor Church & EV•Il$M Glfts and Sronsorshlpfuftds rd•)sthl Jbs & Llinatlons to UK Mlnlsvl•s Ml555cffi trlps IOwse•s Domtlons co[lbU¥0n5 to Funds 52,528 37 3392 813 210 53372 380 1,922 3,716 280.0 61,790 59J Pvmi•nts eor Admkni#r* op•rtYi Publklty md Manwm•nt Telephon4 Stsiionuy. & Postsp RonL Rates. H&t eryslng Prop¥ty Exw)s•s •nd Insurnne• 9onk ch•rge5 l &kcountlrqCh•rR Pl•nt& Equlprrnnt Costs Mistdlan&ius E%Se5 464 INSO 3A36 88 3A86 322 2928 132 5,134 335 2EII 128 19 2380 11.r14 iiwo Oth•r p)•$ (14rtcQuntl0% Ewpendiiurel Purchaseof fixed assets P•k)rwpPr5nclpal Ilqxld TOTAL PAYA15 73 14et Surphtyl l(lefidtl 11,5281 15,5201 C•th rtd$ L4st y•¥ •NI Cash Fund5tN5y24v •NI 24
Accounting Statement For the 12 month period to 31 December 2020 8ollln8ton ChrL4tian Lffe Church- tharity Number 1051801 Sectlon B ReStrd Income Funds Recelpts Bre•kdown Uslng Own Anaty 2020 2020 2019 2019 (Ifts&V•ntyp(•Irts Gtfts Tlth•s & Cthrlw5 ncomttTax R471$ryOft GIft4 Unklng U¥s Inco 8uilding Fund Inct Vlsion Pknn&quSponsorshSp ISA52 550 1,655 40A07 1.211 2,227 14,515 64 11,786 LCP Rtht Recd¥ 3A150
50 Blnk Iniw•st oih•r Awlpti Gr•nts 67 Payments Br•akdown Uslni Own An•lysls 2019 2019 Mlrry& PAMlon Costs of MSnlstry &Jpr Unklw Uves C4ft5 and Sp¥)nsorshlpfunds relo•s•d Subs & [n•on3 to UK Mlnlstrie5 Mlsslon trlps l Donations 75 1,315 623 8X58 113 9J37 7339 PMIntIArnhtrll Property. PUty1 LCP Costs Sfjtlonwy & prInK Rate5 Llpli & H•t Propwty Repalrs & M•lnt•wnc* Equlprrwft W•lrs & I15 Lqal & Professlonal Costs Mlstellanenuj Exwdltyr• 2.784 1207 91 374 SA30 1307 Oth•r P•wn•nts IMtcowrtIaS EYpEn(Mturel Bulld1 Fund EXpd]lUre 40282 40J82 13141 13041 YOTAL PAYMEP4TS 22 surp$/ ID•lttl Tr•nsftr IIDlfftm GenEr•l Fw¥ls Fund5 Imt year •th Fundsthtsywend 12,765 101 434 16011
Accounting Statement For the 12 month period to 31 December 2020 Bollln8ton Christian Llfe Churth- Chartty Numter 1051801 Sectlon C Endowment Funds Sectlon D ststement of Assets and Uabllltles at Year End Cash Funds w•st £ 22.738 nw•# £ Cash Sn Bank- Church Cash in 8ank- IAsion Mn[que 8alances hdd In Deposltkcount Cashlnhand Total Cash Funds 13.199 16 22.754 13,199 other Monetary Assets ihw•rfo•d fwmhto R•rtrkt•d Iwmtsio Endowm•rt fvnthto n•w•rt £ nw•Jt £ IncomeTax Clalm Duelor Rwymt Rtt(werable Grants Other t>ebtors & prep)lts 2.605 Total Other Monetary Ats 2$5 368 Invertm•nt Ay•ts CurYrf Vu• b•knp Ttrm Depo31ts Other Investrwts GernI Funds Total Investment A$ts Assets R•talned for Charlty's own use FurKlto ttr&hft Cmnt V•lu• Land and Bulldln8S Plantand Equlprnent Flxtures afid Fltttn6s Computer EquSpThnt Plantand EqulpNnt Computer E4UlPnWt Genwal Fund G•wal Fund eral Fund Genwal Fund Re5trictoJ Fur Re5tr1cted Funds 54233 570 265 Total Retslned As$ 54,803 265 Uabllltl•s y•¥ (tswT•rni Unpaid IncomeTax & N.1. due pald Salari44 & Wages Suppli$ kcounts Oue Intlependent Examiners kcount Due Contingwt Uabiiities Oth LIBblll¥4s Gwwal Fund Gffieral Fund Gwwal Fund GtraI Fund Ger01 Fund Genwal Fund 140 Total Uabllftles 140
Notes to the Financial Statements Accwntlry Polkles The prfncipal accounting policles are summarised below. The accountiry policie5 have been applled conslstently throughout the year. BasLs ol accourtlni The accounts have been prepared on a retelpts and payrnents basls Fund attourttln8 Unrestrkted lunds are avallable for use atthe dlscretlon of the t kn furtherance of the 8eneral oblectlves of the charlty. Oes18nated funds are Unstyled fund5 earnrked by the trustees for partlcular purposes. Restricted funds are 5ubJ'ected to restrktions on thelr expendrture imposed by the doncff or through the tern of an appeal.
Life CHURCH. Life Church Bollington www.bollington.org.uk