Trustees report for AGM 4 July 2021
Wellsprings holding trustees are Victor Iziren, Shola Alabi and Arnold Horsewood. A holding trustee is someone who holds a property in trust on behalf of an organisation.
Due to the Coronavirus outbreak, since March 2021, services have been held on-line since the government ordered lockdown arising from the Coronavirus pandemic. This has also applied to the weekly prayer meeting and coffee morning and other activities meaning that the physical church building has been under used over the past year. Where some activities have taken place in the building, appropriate measures have been put in place to maintain social distancing and cleanliness. These have included, facemasks, hand sanitisers, addition of plastic screens for the worship team.
There has been a gradual return to the Church building since Easter this year with a ticket booking system in place to control numbers within the building. Some church members were able to attend the service on Good Friday and Easter Sunday and since then, services have been held in the church and broadcast over Zoom. Some minor repairs have been made to the church building. It is hoped that subject to Government instructions, all of our members can return to the building once the restrictions are lifted.
The Church property at 21 Selkirk drive continues to be rented by the tenant who has been in place since 2018. The rent has been paid on time throughout this period. There have been some challenges with the property over the past year relating to a leak in the bathroom, plumbing problems and most recently a mouse! The bathroom was partly refurbished last year but another source of leak appeared earlier this year but was resolved.
We continue to thank God for our church building and the activities that take place in it and for his grace in giving us a reliable tenant.
Wellspring Pentecostal Church
Statement of Receipts and Payments
Receipts
01/04/2020 to 31/03/2021 Payments
| GA Gift Aid GR Gift Aid Tax Reclaims CO Communications OF Offerings CB Credits from building costs MB Manse EV Community Outreach WM Church Ministries MT Tithe to Missions OE Office Equipment BA Banking MS Miscellaneous BF Benevolent Fund (of which in respect of restricted income) Reconciliation against sum F01 British Gas F03 Water Rates F06 British Gas Service Contract BR Building Repairs CI Church Insurance F11 Income from Manse F12 Stewardship Loan MI Manse Insurance MM Manse Maintenance MU Manse Miscellaneous Net Total Church Building Running Costs |
20,926.51 SC Salaries and Related Costs 5,226.66 LM Licences and Membership 18.90 CO Communications 6,231.86 OF bounced cheques ‐ CB Church Building Running Costs 12,928.67 MB Manse ‐ EV Community Outreach ‐ WM Church Ministries 410.00 MT Tithe to Missions 79.99 OE Office Equipment ‐ BA Banking ‐ MS Miscellaneous 616.25 BF Benevolent Fund TR Training and Conferences PC Petty Cash VS Visiting Speakers 46,438.84 855 46,438.84 12928.67 0.00 0.00 0.00 0.00 12928.67 10510.64 1367.5152 Manse Income and Running Costs Communications |
30,050.51 3,452.52 1,751.31 7.29 8,255.41 2,418.03 633.80 347.19 4,493.00 3,167.06 69.00 2,584.51 875.29 ‐ ‐ 230.00 |
|---|---|---|
| 58,334.92 | ||
| 58,334.92 1999.78 110.18 567.04 4732.97 845.44 |
||
| 8255.41 | ||
| 0.00 437.83 1980.20 0.00 |
||
| 2418.03 | ||
F02 Telephone & Internet
990.12
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Wellspring Pentecostal Church
| 01/04/2020 31/03/2021 to Statement of Receipts and Payments W01 Website W02 Website Address Renewal LE Leaflets and Signs NL New Life Newspaper E02 Magazines E03 Advertising FB Food Bank F10 ACAT Membership CC CCLI Membership FI Fire Inspection CT Churches Together in Welling BV BVSC Membership F07 ThirtyOneEight CP Creation software ZM Zoom GL Other Licences F04 AOG Tithe AC Area Conference MH Hardware ST Stationery & Office Supplies OP Peripherals OF Office Furniture Community Outreach Licences and Membership Training and Conferences Office Equipment |
410.03 158.26 174.00 |
|---|---|
| 1732.41 | |
| 127.80 0.00 0.00 506.00 |
|
| 633.80 | |
| 15.00 701.47 0.00 40.00 0.00 517.40 136.58 589.99 175.20 1276.88 |
|
| 3452.52 | |
| 0.00 | |
| 0.00 | |
| 1414.00 82.17 690.90 900.00 |
|
| 3087.07 |
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Wellspring Pentecostal Church
| 01/04/2020 31/03/2021 to Statement of Receipts and Payments Miscellaneous M01 Accountancy M02 Music / Worship Items M03 Communion Wine M05 Miscellaneous Items M06 Paypal Giving 0.00 CV Covid Expenses HS Hospitality 0.00 Net Total |
294.00 0.00 43.52 1535.55 0.00 493.85 217.59 |
|---|---|
| 2584.51 | |
| 2584.51 |
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the directors Wellspring Pentecostal Church of On accounts for the year 31 March 2021 Charity 1054381 ended no.
Set out on pages
Respective The charity’s trustees are responsible for the preparation of the accounts. responsibilities of The charity’s trustees consider that an audit is not required for this year directors and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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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
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• to state whether particular matters have come to my attention.
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Basis of independent My examination was carried out in accordance with general directions given examiner’s statement by the 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 accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
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Independent In connection with my examination, no matter has come to my attention
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examiner's statement 1. which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
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have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
| Signed: Name: Relevant professional qualification(s) or body (if any): |
04/05/2021 | |
|---|---|---|
| Helen Atack | ||
| ACA |
1
IER
Address: 10a High Street, Chislehurst, Kent BR7 5AN
Section B Disclosure
Give here brief details of None any items that the examiner wishes to disclose .
2
IER