## **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<br>Gift Aid<br>GR<br>Gift Aid Tax Reclaims<br>CO<br>Communications<br>OF<br>Offerings<br>CB<br>Credits from building costs<br>MB<br>Manse<br>EV<br>Community Outreach<br>WM Church Ministries<br>MT<br>Tithe to Missions<br>OE<br>Office Equipment<br>BA<br>Banking<br>MS<br>Miscellaneous<br>BF<br>Benevolent Fund<br>(of which in respect of restricted income)<br>Reconciliation against sum<br>F01<br>British Gas<br>F03<br>Water Rates<br>F06<br>British Gas Service Contract<br>BR<br>Building Repairs<br>CI<br>Church Insurance<br>F11<br>Income from Manse<br>F12<br>Stewardship Loan<br>MI<br>Manse Insurance<br>MM Manse Maintenance<br>MU<br>Manse Miscellaneous<br>Net Total<br>Church Building Running Costs|20,926.51<br>SC<br>Salaries and Related Costs<br>5,226.66<br>LM Licences and Membership<br>18.90<br>CO Communications<br>6,231.86<br>OF<br>bounced cheques<br>‐<br>CB<br>Church Building Running Costs<br>12,928.67<br>MB Manse<br>‐<br>EV<br>Community Outreach<br>‐<br>WM Church Ministries<br>410.00<br>MT Tithe to Missions<br>79.99<br>OE<br>Office Equipment<br>‐<br>BA<br>Banking<br>‐<br>MS Miscellaneous<br>616.25<br>BF<br>Benevolent Fund<br>TR<br>Training and Conferences<br>PC<br>Petty Cash<br>VS<br>Visiting Speakers<br>**46,438.84**<br>855<br>46,438.84<br>12928.67<br>0.00<br>0.00<br>0.00<br>0.00<br>**12928.67**<br>**10510.64**<br>1367.5152<br>Manse Income and Running Costs<br>Communications|30,050.51<br>3,452.52<br>1,751.31<br>7.29<br>8,255.41<br>2,418.03<br>633.80<br>347.19<br>4,493.00<br>3,167.06<br>69.00<br>2,584.51<br>875.29<br>‐<br>‐<br>230.00|
|---|---|---|
|||**58,334.92**|
|||58,334.92<br>1999.78<br>110.18<br>567.04<br>4732.97<br>845.44|
|||**8255.41**|
|||0.00<br>437.83<br>1980.20<br>0.00|
|||**2418.03**|
||||



F02 Telephone & Internet 

990.12 

Page 1 of 6 



## **Wellspring Pentecostal Church** 

|**01/04/2020**<br>**31/03/2021**<br>**to**<br>**Statement of Receipts and Payments**<br>W01 Website<br>W02 Website Address Renewal<br>LE<br>Leaflets and Signs<br>NL<br>New Life Newspaper<br>E02<br>Magazines<br>E03<br>Advertising<br>FB<br>Food Bank<br>F10<br>ACAT Membership<br>CC<br>CCLI Membership<br>FI<br>Fire Inspection<br>CT<br>Churches Together in Welling<br>BV<br>BVSC Membership<br>F07<br>ThirtyOneEight<br>CP<br>Creation software<br>ZM<br>Zoom<br>GL<br>Other Licences<br>F04<br>AOG Tithe<br>AC<br>Area Conference<br>MH<br>Hardware<br>ST<br>Stationery & Office Supplies<br>OP<br>Peripherals<br>OF<br>Office Furniture<br>Community Outreach<br>Licences and Membership<br>Training and Conferences<br>Office Equipment|410.03<br>158.26<br>174.00|
|---|---|
||**1732.41**|
||127.80<br>0.00<br>0.00<br>506.00|
||**633.80**|
||15.00<br>701.47<br>0.00<br>40.00<br>0.00<br>517.40<br>136.58<br>589.99<br>175.20<br>1276.88|
||**3452.52**|
||0.00|
||**0.00**|
||1414.00<br>82.17<br>690.90<br>900.00|
||**3087.07**|



Page 2 of 6 



## **Wellspring Pentecostal Church** 

|**01/04/2020**<br>**31/03/2021**<br>**to**<br>**Statement of Receipts and Payments**<br>Miscellaneous<br>M01 Accountancy<br>M02 Music / Worship Items<br>M03 Communion Wine<br>M05 Miscellaneous Items<br>M06 Paypal Giving<br>0.00<br>CV<br>Covid Expenses<br>HS<br>Hospitality<br>**0.00**<br>Net Total|294.00<br>0.00<br>43.52<br>1535.55<br>0.00<br>493.85<br>217.59|
|---|---|
||**2584.51**|
|||
||**2584.51**|



Page 3 of 6 



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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: 

   - examine the accounts under section 145 of the Charities Act, 

   - 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 

   - • to state whether particular matters have come to my attention. 

- **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. 

- **Independent** In connection with my examination, no matter has come to my attention 

- **examiner's statement** 1. which gives me reasonable cause to believe that in, any material respect, the requirements: 

      - to keep accounting records in accordance with section 130 of the Charities Act; and 

      - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 

      - have not been met; or 

   2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

|**Signed:**<br>**Name:**<br>**Relevant professional**<br>**qualification(s) or body**<br>**(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**