PraiseWay Church AOG 27-31 Straight Road Colchester CO3 9BY
Trustees Annual Report for Period 2022
Aim of the Church
PraiseWay Assemblies of God Colchester is a registered charity (number 120441) and a part of the AOG movement in the Uk and is located at 27-31 Straight Road Colchester.
The church is managed and administered by a church council and a small leadership team. Some members of the church council are also the composition of the board of Trustees. These people were specifically chosen from the congregation as suitable for this position for their good standing and suitable abilities.
The aim of the leadership and council is to actively promote the pastoral, evangelical and social purposes of the church.
The church has a full time pastor Mr Sean McIntyre together with his wife Joyce. The Pastor is the chairman of the board of trustees.
Objectives and Activities
The aim of Praiseway is the growth, sustenance and nurturing of a healthy and vibrant community that is both an asset to the community at large and a valuable resource to all its members.
The practice and promotion of spiritual and practical matters in regards to the welfare, leadership and general encouragement of all the members of the church comprises the primary objective and activity of the church. This is also extended to all visitors who attend.
These objectives are achieved in the main through its regular activities which are offered in the church, which encompass fellowship, corporate worship and teaching.
The church’s activities are put into practice via our regular services and a variety of less formal meetings that take place during the week. It is during these regular meetings that the core values of the church are expressed and promoted wherever appropriate.
The church saw an increase in mainly-in person meetings after Covid-19.
Every member of the church is encouraged and enabled to express their individual beliefs in the medium of worship, teaching, prayer and faith based activities during our meetings.
The church maintains a strong commitment to pastoral care of its members and anyone else it comes into contact with through practical support, advice and the promotion of lifestyles that reflect goodwill, care and the advancement of faith. The church has a deep commitment to cultural diversity and providing the wider community with information and education about the Christian faith.
The church continues to maintain a valuable contribution to missionary work across the world through an ongoing commitment of financial support and prayer.
Performance
With the end of the limitations of in-person meetings that was caused by Covid-19, we saw an increase in members attending church with many new members finding faith after the effects of Covid-19 to the world.
Although we still applied what we had learned in the previous two years to good use by continuing to provide online-options. This was especially helpful during the week when work and family commitments limit people’s ability to take part in any in-person activities.
The easing of restrictions has also allowed the church to hold events such as BBQ’s and to mark festivals such as Easter and Pentecost. Pentecost was an opportunity to celebrate our cultural diversity. These activities have especially helped in reaching the wider community to educate and inform about the Christian faith and we have seen a growth in attendance at our meetings as a result of these.
Church Site
The church continues to employ the services of a local gardener infrequently, who will continue to maintain the various flower beds and shrubbery, the costs of which were borne by the Building Fund.
Pastoral Care
During 2022 the church continued to provide pastoral care by visiting those members who were unable to attend in-person due to age or illness. The Pastor also began to carry out one to one meetings with individual members to help mentor them in personal growth and to hear individual
concerns about the development of the church. We have improved our tracking and follow-up of visitors and those wishing to know more about Christianity with the adoption of a church management solution called ChurchSuite.
Missions
The church is committed to Christian mission initiatives in Congo and Kenya. We have financially supported a missionary team in Congo through an organisation call CAM and also the work of Barnabas Outreach trust, an organisation that carries out missionary trips to Kenya and supports local churches in that region.
Administrative Information
PraiseWay church is part of the Assemblies of God and is situated in the district of Lexden and Stanway in Colchester.
The address is 27-31 Straight Road, Colchester, Essex CO3 9BY
Financial Report for the Activities of Praiseway
The financial period ending 31st December 2022 reported a decrease in the income of the church in comparison with the last financial period.
The church was still able to make use of some credit balances held with some of its utilities companies which has been accrued in the previous financial period due to low usage of the buiding and the continued payments of its standing orders. This enabled the church to lower its financial payments in this period and use of these credits however, with the increase of in-person meeting at the church, utility usage did increase.
Overall for this period, there was around a 50% decrease in the amount of cash held in bank. As although there were now collections at the church as more people are now attending in-person, more maintenance and supplies were needed for the building including equipment with more people now attending in-person.
Use was made of the Building Fund, a restricted fund, for this period to fund the maintenance and replacement of fire extinguishers and other fire safety equipment for the building.
Building Fund aside, overall, the liquid assets of the church, namely cash held at bank, decreased during this financial period which was expected as the church had to readjust to circumstances after Covid-19.
In 2022, with the increase in cash being given at collections, we have seen an increase in what we are able to claim in Gift with the steady income of donors who have signed Gift aid forms with a few new signed gift aiders.
PRAISEWAY ASSEMBLY OF GOD
FOR THE YEAR ENDED 31ST DECEMBER 2022
Charity Trustees
Sean McIntyre Joyce McIntyre Martin Manning Jasmin Diaz
Independent Examiner
Mrs Carole Cowgill ACA 4 Penny Meadow Capel St Mary Ipswich IP9 2UU
Contents Page Trustees' Report 3 to 6 Independent Examiner's Report 7 Receipts and Payments Account 8 Statement of Assets and Liabilities 9 Notes to the Accounts 10
2
PRAISEWAY ASSEMBLY OF GOD
RECEIPTS AND PAYMENTS ACCOUNT
AS AT 31ST DECEMBER 2022
| Unrestricted Restricted Designated Total Funds Funds Funds Funds 2022 Notes £ £ £ £ Receipts Donations - offertory 20,883 350 960 22,193 - special causes 1,224 1,224 - gift aid 5,324 88 40 5,452 - premises hire 1,830 1,830 29,261 438 1,000 30,699 Interest received 6 6 Total Receipts 29,267 438 1,000 30,705 Payments Pastoral support and payroll costs 1 24,330 24,330 Activities relating to the work of the church 2 3,309 3,309 Gifts and Donations 3 0 0 Utility and insurance costs 4 2,386 2,386 Repairs and Maintenance 5 1,134 210 1,344 Equipment and accessories 1,192 1,192 Management and administration costs 6 2,692 2,692 Total Payments 35,043 210 0 35,253 Net of Receipts/ (Payments) (5,776) 228 1,000 (4,548) Transfers between funds 0 Cash Funds b/f 1st January 2022 7,747 627 470 8,844 Cash Funds c/f 31st December 2022 1,971 855 1,470 4,296 |
Total Funds 2021 £ 24,655 1,343 4,718 2,500 |
|---|---|
| 33,216 0 |
|
| 33,216 | |
| 24,102 3,447 335 1,908 990 366 2,149 |
|
| 33,297 | |
| (81) 0 8,925 |
|
| 8,844 |
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PRAISEWAY ASSEMBLY OF GOD
REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31ST DECEMBER 2022
Registered Charity Number – 1054335 Address: 27 Straight Road Colchester CO3 9BY
1
PRAISEWAY ASSEMBLY OF GOD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2022
| 1. Pastoral support and payroll costs Pastor's salary + pension costs Visiting speaker fees 2. Activities relating to the work of the church Pulpit supplies Mission support Books Children and Youth Catering Subscriptions Sundry Evangelism Advertising / Banners Conferences 3. Gifts and Donations Other donations 4. Utility and insurance costs Heat and light Phone and internet costs Water charges Insurance 5. Repairs and Maintenance Flooring Extinguisher maintenance/ replacement Door repairs Rubbish clearance Gas/ Electrical servicing Fire risk assessment Other repairs and maintenance Gardening 6. Management and administration costs Payments to AOG Head Office Payment to AOG Property Trust Accountancy and independent exam fees Payroll costs Software costs Media costs Postage, printing, stationery Licences |
2022 £ 24,180 150 24,330 77 1,440 334 0 165 0 49 0 1,224 20 3,309 0 0 672 562 40 1,112 2,386 1,069 0 0 210R 0 0 65 0 1,344 660 200 275 132 105 201 56 563 |
2021 £ 24,102 0 24,102 160 1,540 176 53 0 76 42 1,270 130 0 3,447 335 335 462 116 279 1,051 1,908 0 326R 37R 0R 209 270 48 100R 990 660 0 260 0 154 412 81 582 |
|---|---|---|
10
Professional / consultancy fees
500 0 2,692 2,149
R = Restricted building fund expenses
10
PRAISEWAY ASSEMBLY OF GOD
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31ST DECEMBER 2022
| 31 December | 31 December | 31 December | 31 | December | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| £ | £ | £ | £ | ||
| Cash Funds | |||||
| Barclays current account | 3,207 | 7,762 | |||
| Kingdom savings account | 1,089 | 1,082 | |||
| Total Monetary Assets | 4,296 | 8,844 | |||
| The Funds of the Charity: | |||||
| Unrestricted Income Funds | |||||
| Unrestricted General Funds | 1,971 | 7,747 | |||
| Designated funds - Welfare Fund | 470 | 470 | |||
| - Administrator Fund | 1,000 | 0 | |||
| Total Unrestricted Funds | 1,470 | 470 | |||
| Restricted Income Funds | |||||
| Building Fund | 855 | 627 | |||
| Total Charity Funds | 4,296 | 8,844 | |||
| These accounts were approved by the Trustees and signed on | their behalf: | ||||
| Signed:…………………………….. | Date:………………. | Date:………………. |
9
Inde ndent Examiner's Re rt to the Trustees of Praisewa Assembl of God For the ear ended 31" December 2022 Chari number 1054335 I report to the truslees on my examination of the accounts of the alM)ve charity for thc y¢ar ¢nd¢d 31, December 2022. nsibilities and basi5 of As the charity trustees. you are resFK)nsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (thc Charities Act). I report in respect of my examination of the charity's acci)unts carried oul under seclion 145 of ihe Charities Acl. and in carrying oui my examTrnation. I have followed the applicable directions given by the Charity C'ommission under section 145{5Mb) of the Charities Act. Inde endenl examiner's statement I have completed my examination. I confinn that no nterIal matters have come to my attention in connection with the examinalion which give me cause to believe thaL in any material respect, accountin¥ rwords w¢r¢ not kept in accordance with se£tion 130 of the Charities ACL or that the accounts do nol accord with the accounting records. I have no concerns. and hav¢ com¢ across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understsnding of the accounts to be reached. Mrs. Carole Cowgill ACA 4 Penny Meadow c.apel St. Mary Ipswich IP9 2UU ICAEIV CHARTERED ACCOUNTANT