The Pentecostal Church, Canterbury
Charity Number 1054365
Annual Trustees Report
September ‘1[st] 2020 to August 31[st] , 2021
The trustees are pleased to present their annual report together with the financial statement of the charity for the ending 31[st] August 2021 and is prepared to meet the requirements for the Trustees report and accounts for submission to the Charities Commission.
The objects of the Charity are: -
1) The advancement of the Christian religion by the proclamation and furtherance of the Gospel of God concerning His son Jesus Christ the Lord. The preaching and teaching of the Word of God by the Church in accordance with the Doctrines and Articles of Belief of the Assemblies of God in Great Britain and Ireland as approved by the General Council from time to time.
2) The furtherance of other charitable work of the Church consistent with the above Doctrines and Articles.
3) The furtherance of the work of the Assemblies of God in Great Britain and Ireland, the promotion of the spiritual teaching and maintenance of the Doctrines and Articles.
4) Such other charitable purposes as shall further the attainment of the above objects of the church or any of them.
The names of the trustees are as follows: -
Dr Aaron Berko
Dr Anthony Onuchukwu
Shadreck Chikomba
Joanna Addison
Activities
The church managed to continue its work of ministry during the year under review, but its outreach activities in our local communities were significantly curtailed due the pandemic and lockdown measures put in place by the government. With the in-person services suspended, the church was only able to continue holding meetings via the Zoom platform and livestreaming using our YouTube channel.
PAGE 1
The Church’s commitment to offer Christian Education continued during the lock down period, with in-house training programmes for ministry leaders, workers, volunteers, Sunday school and Youth activities delivered via the Zoom platform.
The church continues to lease out units 16B-C Graham Bell House, Roper Road, Canterbury. This facility was used sparingly during the lockdown months until we returned to the in-person services in August 2021.
Although our outreach initiatives were on a reduced in scale in comparison to previous years, the church continued to support and give donations to the Food bank and other charities to help meet needs of the less fortunate in our community.
The property at Anne Green Walk, Canterbury continues to be leased out to generate revenue income. The trustees consider the risks to the Charity to be covered sufficiently by the church insurance policy with Kingdom Bank Ltd, and the building's insurance policy on 9 Anne Green Walk.
Review of the Finances
The statement of financial activities for the year under review are set out from page 3.
The Charity’s income for 20/21 was £74,207k, and expenditure for the year was £81,368k. All the charity’s income was raised through voluntary donations from members and rental income from the Church property. The deficit of income over expenditure was in the amount of (£7,160), and this was due reduced voluntary donations received during our online services and no income receive from charity gift aid.
Our financial resources were used to meet the church’s obligations and to support various local, international partners and missionaries.
Volunteers
Trustees are most grateful for the support received of our volunteers during the year, and their contribution made it possible for the church to offer pastoral to our members and the wider community.
Looking Forward to 2021/22
With Covid-19 related restrictions now all lifted by the government and churches able hold in person services, the church will now embark on its rebuilding journey. The church will continue to work cooperatively with other ministries and churches in the city, in our mission to spread message of hope and the love Jesus Christ to our local community following on from 18 months of great difficulty.
Approved by the Trustees at a Church Council Meeting held on 29th June 2022
PAGE 2
NEW LIFE PENTECOSTAL CHURCH
INCOME AND EXPENDITURE ACCOUNTS FOR THE YEAR ENDING 31 AUGUST 2021
| INCOME: | |||
|---|---|---|---|
| Offerings | 64,307.20 | ||
| Rental income | 9,900.00 | ||
| Gross interest | 0.20 | 74,207.40 | |
| EXPENDITURE: | |||
| Administration & web | 1,064.38 | ||
| Resources and outreach expenses | 1,131.45 | ||
| Training | 660.00 | ||
| Repairs and renewals | 2,237.59 | ||
| Vehicle expenses | 340.00 | ||
| Premises costs | 16,950.51 | ||
| Hygiene | 107.29 | ||
| Subscriptions | 1,625.69 | ||
| Sponsorship and giving | 4,818.83 | ||
| DBS Checks | 129.00 | ||
| Wages | 38,136.00 | ||
| Interns | 7,200.00 | ||
| Manager | 1,903.40 | ||
| Insurance | 818.49 | ||
| Hub insurance | 605.29 | ||
| Examiner’s fee | 170.00 | ||
| Payroll fee | 90.00 | ||
| Cleaning | 421.54 | ||
| Copyright licence | 322.00 | ||
| Signage | 11.85 | ||
| Depreciation equipment | 2,524.00 | ||
| Depreciation office equipment | 101.00 | 81,368.31 |
DEFEICIT OF
INCOME OVER EXPENDITURE:
£ (7,160.91)
PAGE 1
NEW LIFE PENTECOSTAL CHURCH 31/08/2021
NEW LIFE PENTECOSTAL CHURCH
BALANCE SHEET AS AT 31 AUGUST 2021
ASSETS:
| Equipment: | |||
|---|---|---|---|
| B/fd: | 12,622.00 | ||
| Depreciation | (2,524.00) | 10,098.00 | |
| Office equipment: | |||
| B/fd: | 503.00 | ||
| Decpreciation | (101.00) | 402.00 | |
| Property | 68,045.00 | 78,545.00 | |
| Balances at Bank: | |||
| Current Account ending 4765 | 42,536.34 | ||
| AGW Account ending 2498 | 5,836.13 | ||
| Savings Account ending 0171 | 1,829.59 | ||
| Designated Giving Account ending 3796 | 840.84 | ||
| Sunshine Fund Account ending 3818 | 1,365.69 | ||
| Bible School Account ending 3826 | 1,818.31 | 54,226.90 |
TOTAL ASSETS:
| TOTAL ASSETS: £ ACCUMULATING FUND: B/fd: 139,932.81 Less: Deficit (7,160.91) **£ ** |
132,771.90 132,771.90 |
|---|---|
PAGE 2
NEW LIFE PENfECOSTAL CHURCH 3110812021 I have prepared these aeeounts from the records presented arK¢ certfy same lo be in accordance Ihere4¥11h. Lombard House Business Centre 12-17 Upper Bridge Street Canterbury Kent CT1 2NF KITE ACCOUNTANTS CERTIFIED PRACTISING ACCOUNTANT l agree that the attached accounts are correct lo the besl of my knowledge and hereby sign on behalf of the Iruslees. Signed... 291 L ILc>21 Dale............................ PAGE 3
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustee members of NEW LIFE PENTECOSTAL CHURCH - CANTERBURY On accounts for the year ended 3110812021 Charity no lif any} 1054365 Set out on pages I report to the trustees on my examination of the accounts of the above charity I'the Trust") for the year ended 3110812020. Responsibilities and As the charity trustees of the Trust, you are reswnsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Acri. I report in wpect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Direclions gNen by the Chartty Commission under section 14515llb} of the Act. I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination which gives me cause lo believe that in, any maleTial respect.. accounting records were not kepl in accordan with section 130 of the Act or the accounts do not accord wtth the accounting records Independent examinerfs Statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to reached. Signed: Date: 2710612022 Name: DENNIS SCUDDER Relevant professional qualification(s) or body {if any): Address: 32 NEoN ABBOT ROAD NORTHFLEET KENT DA117DT