Lifechurch LoveGodLovePeopleLoveLife Life Church Barnton Annual Accounting Statement For the twelve months ending 31 December 2023 Registered charity number: 1051803 Charity Name: Barnton Pentecostal Church
Contents Le8al and Administrat ve Information Report of the Trustees Financial Review Independent Examiners Report Statement of Financial Activities io Balance Sheet li Notes to the Financial Statements Legal and Administrative Information Legal Charity Name: Barnton Pentecostal Church Known as: Life Church- Barnton Charity Web Site.. www.lifechurchbarnton.co.uk Re8lStered charity number: 1051803 For financial year commencin8.' or financial year endin8 On: ljanuary 2023 31 December 2023 harity's Principal Address: Blackcroft Avenue, 8arnton, Northwich, Cheshire CW8 4HP rust bankers: National Westminster Bank Ltd., The Bull Rin8, Northwich. Cheshire CW9 5BN dependent Examiner: Grace Accounting, 14 Holly Drive, Coventry, 018 3QA Pa8e 2 0113 Annual Accountin8 Sta(emenl
Trustees, Annual Report Report to the trustees of Life Church - Barnton The Trustees present their annual report together wlth the flnanclal statements for the twelve months ended 31 December 2023. The charity carries Out its activitles under the banner of Life Church - Barnton. Reference and Administrative Information Governlng Document.. The objectives, organisation, management an(J operations of Life Church Barnton is governed by a deed of trust, the original of which is held at Kingdom Bank in Nottin8ham. Fellowship relationship: Life Church Barnton remains in relationship and fellowship with the churches formin8 Assemblies of God in Great Britain and Ireland. whose office is located at National Ministry Centre, Gf-F12. No 1-2 The Cottages, Deva Centre, Manchester, M3 7BE. The principal address and other statutory information about the charity is listed on the contents page. Holding Trustees.. The management of the trust is by a church council which has the power. by simple majority vote, to appoint holdin8 trustees who stand possessed of all the property of the trust. Nam• offi (if any) Dates acted. If not for whole year Name of person entitled to appoint trustees Rev Stephen Thomas Rev Andrew Taylor Rev Andrew Webb Trustee Trnslee Trustee IChaimian} New Trustees are made aware of the work of the charity ahead of joining the board. This includes being fullv briefed about the vision and purpose of the charity and being given information on the role of a trustee. No Trustees retired or were appointed in the period. Accounts Preparation: The accounts are prepared on a Receipts and Payments Basis Pa8e 3 0113 Annual Accouniin8 Stalemeni
Trustees, Annual Report Report to the trustees of Llfe Church - Barnton Rlsk Management Where appropriate, systems or procedures have been e5tabllshed to mStigale the Tisks the charity fa5. Internal control risks are mlnlmised by ihe Implementatlon of procedures for authori5ation of all transactions and projects. Due to the current slze of the charity. the trustees believe the risks to Ihe charity to be small, Controls used by the charity Include: Formal agendas for all Board activities Strategic planning, bud8eting and management accounting Formal written policies Memorandums of Understanding with partner organisations Clear authorisation and appraisal levels Charitable Objertives The main objects of the trust remain those of the proclamation and furtherance of the Christian 8ospel message. In detail. the objectives are classified as follows: To advance the Christian faith in accordance with the statement in such ways and in such parts of the United Kingdom or the world as the church council from time to time may think fit: To relieve sickness and financial hardship and to promote and preseNe good health by the provision of funds, goods or services of any kind includin8 the provision of counselling and support in such parts of the United Kin8dom or the world as the church council from time to time think fit. To advance education in such ways and in such parts of the United Kingdom or the world as the church council from time to time may think fit. Pa8e 4 0113 Annua A¢rountiri8 Sutement
Trustees, Annual Report Report to the trustees of Llfe Church - Bafnton Activltles and achlevements of the charity during the year The charity has had an amailng 2023, overcomln8 challenges and Inlroducln8 new ways of working lo Khieve Ouf 8oa15 tO8eiher as a 8rowlng church. Early In 2023 we created a new post ol "Projec15 Managerf to admlnistrate and plan Ouf childrerf5 and yOh 8roup5 and alleviate the workload ol the senlor mln15teT. The role Is part time and has been in place Irom March 2023 and has continued into 2024. This role has been taken up by Emily Whitakef who has with great enthus4yn helped to enlar8e these projects and helped our them be refocused and restructured. Also in March 2023. Bess Isaiah became our Restore Charity Shop Manager. This is al a part time role. and she has restructured the shop and café and brought great energy to the projects increasin8 both footfall arml reienue. She has also continued into 2024 bringing continuity and slren8th to the projects. Our Rainbows project for preschool a8ed children and their carers has continued to increase in number and has great sense of family as well as operating all inclusively serving our local community- Ignite is our Youth Project engaging students in high school. We have seen a steady increase in numbers as well as retainin8 a core 8roup of around 12 students. We offer a wide range of activities (Pool, Table Tennis. Game Stations) as well as inspiring them with interactive sessions to encourage self-discovery. talents. gifts and social awareness as well as an introduction to faith for those interested. We opened a new project for children in School years 1 - 6 called Tribes. The children stay for a magazine Style pro8ram of fun and games with ministry during some sessions to en8a8e the children with some of the exciting bible stories that capture the imagination and inspire to discover more of the faith journey. Numerical growth has been steady with a session averaging 10- 14 children each week. A team from Weaverham High School joined the Senior Minister Andy on a mission trip to Bucharest. Romania during May. The team comprised of two teaching staff including the head of RE and ten year 10 students. The team donated over £l.000 of Samsun8 IT equipment, special toys and educational resources to help students with Autism at the Help Autism project. They also financed and joined eight staff and 18 children from the project on trips to the Bucharest Zoo and also to an adventure Park outside of Bucharest in the countryside engaging in a range of activities including a "Treenazium" The team also took the train to Brasov in Transylvania to discover this medieval town with its history and stunning location. The trip was an amazin8 success. During the summer we had a fun day to engage our local community that the church financed and worked together to bring a free event to our community. Over 2(Kl people attended on the day and was a 8reat success. Church attendance again slowly shows increase with a group of families formin8 the re8ular church family that are working together to further Christ's Kingdom in our locality- There is a real sense of togetherness based in love and mutual support. Durin8 the autumn we worked together to remove the old carpet covering the main hall (an exhaustin8 task) and then had a new carpet installed that has created a great new look. We also built stud walls either side of the sta8e to frame the area and create a storage space for equipment used every week. With the addition of curtains to cover the storage area and equipment the hall looks amazing. We are very thankful to all those who belong to the church and 8ive so generously to make the church financially viable. We also look at ways to increase revenue from room rental and external hirers that is also showing an increase over 2023 into 2024.
Trustees, Annual Report Report to the trustees of Life Church Barnton Our thanks to the support of our Trustees, Andy Webb, Steve Thomas and Andy Taylor durin8 2023 and to everyone who is part of our Llfe Church familv. We see 2023 being a positive year for our church and charity serving one-another and our local community in love and having a fun time together achleving our 8oals. Andrew Webb Chair of Trustees. Page 6 ot 13 Annual Accounting Ststemenl
Trustees. Annual Report Report to the trustees of Life Church - Barnton Financial Review Prlncipal Funding Sources Total restricted and unrestricted gift5 and donations in the 12-month period to 31 December 2023 amounted to £60,647 12022.. £169.7151. Unrestricted income amounted to £51,728 {2022: £159,373) of which £Nil {2022: £112.9201 related to the proceeds of the Sale of 101 Runcorn Road, Barnton. Restricted income amounted to £8,91912022- £10,342). predominantly missions 8ivin8 and the receipt of 3 £91X)12022.' £1,51)Jl 8rant. Expenses of £76,94812022.' £ICrf),6551 were incurred, of which £67,47812022: £91,853) related to unrestrirted expenditure, including the repayment of short-term loans of £Nil12022: £21.1631, £9,47012022'. £8.8021 related to restricted expenditure. In the period to 31 December 2023. net outgoing resources amounted to £16,301 12022: incomin8 resources £69,060) of which the unrestricted deficit amounted to £15,75012022= surplus £67,520) and the restricted deficit amounted to £55112022-. surplus £1,540). £1.301 was transferred from the Restricted Fund in the year. As at 31 December 2023, the church had total cash funds available to it of £59.544120221= £75.845) of which £58,394 12022: £75.4451 was classified as unrestricted and £1,15012022- £4Crf)l as restricted. There were no outstanding loans or mortgages by the charity. Investment Policy Aside from building and retaining a prudent amount in reseryes each year, most of the Charitvs funds are to be spent in the short term to meet the charities objectives. Where surplus funds are held over, these will be held on deposit within the Charit¢s main banking facilities. If substantial funds are built up ahead of being deployed to outwork the Charity's objectives, the trustees will Consider low risk bank overnight dep051tary facilities. Reserves Policy The policy of the church is to keep, in reserve funds, the equivalent to three months average running costs. The church seeks to be prudent with its finance5 and is aware of the possibility of fluctuations in its income. It also wishes to have funds in reserve to take advantage of opportunities that arise to expand the work or respond to emer8ency needs as they af ise. For thi5 reason, the Trustees deem it wise to set aside funds equivalent to at least three months average running costs at this time. In order to ensure that funds are kept at this level the Trustees have a8reed to set aside any surplus income and pay it into the Kingdom Bank account on a regular basis until this level is reached. Details of this can be found in our financial statement. The level of our reserves is monitored quarterly at the Trustees meeting. At the balance sheet date, the church holds. in unrestricted cash reserves, cash in excess of its reserves requirement. The board of trustees have approved the report above. Signed: Full Name: Andrew Webb PosStlon: Chalr of Trustees Oate: P•yTotiJ
Independent Examiners Report For the 12 month period to 31 December 2023 Llfe Church - BaTnton Charily NumbeT 1051803 Report to the truslees I member5 of Barnton Pentecoslal Church Re815tered Charlty number.. 1051803 For accounts ¢overln8 twelve-rnonth perlod ended.. 31 Decembef 2023 prepared on a Receipts and Payments basis. Respective responsibllities ol trustees and IndopL'ndent Examiner The charlty's tTU5tees con51der that an audltls not requlred for this year under section 144121 of the Charities Act 2011 (the 2011 Aetl and that an independent examinatlon Is needed. It 15 my Tesponsibilily to.. examine the accounts under section 145 of the 2011 Act,. to follow the procedures lald down In ihe general Directions given by the Charity Commission undef sertion 14515llbl of the 2011 Act,. and to state whether partlcular matlers have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting record5 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 you as trustees concerning any such matters. The procedure5 undertaken do not provide all the evidence that would be required in an audit and consequently no opinion 15 given a5 to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's staiemenl In connection with my examination. no matter ha5 come to my attention.. 111 which gives me reasonable cause to believe that in any material respect the reqLbiTements'. to keep accounting records in accordance with section 130 of the 2011 Act.. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Att have not been met: or 121 to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. In connertion with my examination, no other matter, except that referred to in the above paragiaphs, have come to mv attention.. 111 Which gives me reasonable cause to believe that in any material respect the requirement5 lal to keep accounting records in accordance with section 130 of the 2011 Act- and Ibl to prepare accounts which accord with the accountin8 records and to comply with the accountin8 requirements of the 2011 Act have not been met: or 21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Gface Accounti Date.. 4 October 2024 Address: Grace Accounting, Ryton on Ounsmore, Wanvickshire Pa8e 8 0113 Annual A(countiri8 Stoiement
Accounting Statement For the 12 month period to 31 December 2023 Life Church - Barnton Charity Number 1051803 Secllon A Recelpts Unrestrlcted Funds Breakdown Using Own Analy81• 2023 2023 2022 2022 R•ulpts Irom Tradlnq A¢iivlU Refresh Cafe Incomo Cost ol Sal85 Conthbvlkjn from Refresh 3.6 2.411 2.158 1.876 1.239 Res18 Income C05t ol Sales Conlrtbulion from Restore 15.758 220 14.861 Glft• & Voluntary R•c•lpt• &fts Trthes & Offerings In¢cMne Tax Recovery on Gift Subscriptions & Fees Grfts in Kin¢J & Legacies 11.561 3,643 14,151 2.762 21.91 R•c•lpt• •arn•d from a•Mt Rents Recwved 9.480 8,517 8.51 Oth•r R•e•Spt• Sundry Incc¥ne Bank Inleresl Rece Sale ol Assets Loans Received 2.205 112,920 2,926 114. TOTAL RECEIPTS Payments 51.728 159.37 8r•akdtrATn Uslng ¢>n Analysls 2023 2023 2022 2022 Mlniltry & PA*•lon Paym•nl• Ministy Salwi•s & Ejwbses Jnior Church & Evangdism Subs & Donat$ to UK Ministii&s Contn"buthJns to knG Funds 24.824 23.353 747 413 612 612 25.5 25,125 Paym•nt8 for Admlnlslr•tlon, Prop•rty, Publicity and Mana9•m•nt Tèlephone, Stallery. & Post Rent. Rates. Light & Heat vertisiryJ Propety Ewses arbd Insurance Bank chaf9es Intemel Costs Office SaLaries & Ewse8 Legal 8 AccountiThJ Charges Plant & EQuipent Costs Catering. Eniwtsining & Host¥tality Misceltaneous Ewensos 125 5.974 5.191 11.269 462 525 12.826 5.655 1,059 2.297 1,225 15.001 129 4n 11.839 430 7.126 1,469 41.573 Oth•r Paym•nts IM)i¢¢yAr¥ E4wYILnl LO fvin¢ipal Repaid jUsDng Items 21.163 21,163 TOTAL PAyNTs 67,478 91,853 N•t Surplu• I IO•flcltl Tr•nsf•r fromlltol R••trlet•d Fund• C••h Funds lalt y•af •nd C••h Fund• thls y•ar •nd 15.750 11,3011 75.445 67.520 5,506 2.419 75.445
Accounting Statement For the 12 month period to 31 December 2023 Llfe Church - Barnton - Charity Number 1051803 Sectlon B Restrlcted Income Funds Recelpts Breakdown Uslng ¢Tr Analys1• 2023 2023 2022 2022 Glft8 & Voluntary Roc•lpl• Gffts mthts & Olknng8 Incc¥ne Tax ReVery ¢M Glft Bulkllrfj Fund Income MIs5knns Incorn8 722 7.214 8,121 8,019 8.842 R•c•lpts froffl Tf•dlng Actlvlti Rent R•1P¢S •arn•d from •swt• Bank Interest Oth•r R•¢•lpts Grants Recwved TOTAL RECEIPTS 8.919 10,342 Payments Br•akdv4vn Uslng (X¥n Analys1• 2023 2023 2022 2022 Mlnl•try & hl••lon Pym•nis C05t5 01 Min161ry SuF$rt Gifts and Skx)nsotshy lund$ releasJ Subs & Oonatws io UK 41$1nes Missth trips l (Xrs•a5 DallonS 16 1,257 3.836 7.545 3,852 8,802 P•ym•nt• for Admlnl•tr•tlon. Prop•rty. Publlclly and M•n•g•m•nt Adverti511VJ Catorin9. Entffiaiing & HosF41ality Property Repairs & MaintenarKe Equipment ft¢'r5 & R8ne•vats Le9al 8 Prof¢ssKJnal Costs Msscdlanwus Eyndilure 449 2.450 2.179 441 5,619 Oth•r Paym•nl• IT purcha ol Assets TOTAL PAYhENTS 9,470 8.802 N•t Sufplu• I ID•fi¢ltl Trnrt•r Itoylroffl G•n•r•l Funds C••h Fundi last yr •nd Ca•h Fund• th1• y••r •nd 1.540 IS.5061 400 1.150 4C4J Pa8e Iool I nual Accouniin8 Staiement
Accounting Statement For the 12 month period to 31 December 2023 Llfe ChLtrth Barnton - Ch8rlty Number 10518 Soctlon C Endowmorrt Funds Th• Ch•rtfy do•$ nol h•v• •ny P•mi•n•ne or Expend•bl• End0*7n•ni Funds S•ctlon D Statement of As8•ts and LIabiliti at Year End Unr••lrlct•d lund• R••trl¢t•d lund• io Endon•nI lund• Ca8h In Bank - Church Cash In Bank - Sanlandor Balances held In King(h)m Cash in hand Total Cash Funds Cash Fund8 1.150 57,834 38.394 1.150 Other Monètary Assets Income Tax Claim Due frJr Repayment R0Verable Granls Other Debtors & PTepaym8nls Unf••trlct•d lund• R••trlct•d fund• to Endowm•nt fvnd• to n•are•t £ n•ar••t £ Total Other Monetary Assels Investment Assets Tèrm Deposits Othei Invesimenls Fund to whlch It Co•t Curr•nt Valu• General Funds Total Investment Assets Assets Retalnèd for Charlvs use Fund to which 11 b•lang¥ Co•t Curr•nt Valu• Land and Buildings ant and Equipment Fix1ures and Fittings Computer Equipment Aant and Equipment Computer Equipment Total Retained Assets General Fund Genefal Fund General FurKI General Fun Resinctet1 Funds Restncted Funds 11,593 1,QJ8 1.029 14.630 352.110 Llabilitles Unpaid Income Tax & N.1. due Unpaid Salaries & Wages SLtppliers Accounts Due Independent Examiners Account Due Conlingenl Liabilities Other Liabilities Total Liabilltles Fund lo whlch It General Fund General Fund General Fund General Fund General Fund General Fun Amount du• wlthln Balan du• after 1,643 2(K) Pa8e 110113 Aftnual Accountin8 Statement
Notes to the Financial Statements Accounting Policies The principal accountin8 policies are summarised below. The accounting policies have been applied consistently throughout the year. Basls ol accountin The accounts have been prepared on a receipts and payments basis Fund accountin8 Unrestricted funds are available for use at the discretion of the trustees in furtherance of the 8eneral objectives of the charity. Designated funds are unrestrirted funds eamiarked by the trustees for particular purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Life church LoveGodLovePeopleLoveLife Life Church - Barnton wWW.lifechurthbamton.w.uk