MPOW'C.? GLO8AL Annual Report and Financial Statements YEAR ENDED 31ST MARCH 2022 *A6JF050J' 2311212022 COMPANIES HOUSE A21
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Ernpower Global | 2021122 Annual Report & Financial Statements
EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2022 REGISTEAEDCOMPA14Y NUMBEfft: 3053641 REGISTeAEtstNAAifYp4UMbER.. 1058285 DIREcfoRSAP4D TIIUSTEE5 Mr W Keeplne Mr S Smith Mr M Ward Mr M Ferguxon COPAPAPIYSECAETARY Mr S Jaker SE14Th PASTOR MrA Elrnes PMNOPALAOORESS AND REGISTERED OFFICE Famtly Church 83.87 knnestw Roa Portsmouth Hampshire P02 70X INOEPENOEI(fAlll>ffORS Kniehl Goodhead Limited 7 rErrurh Road th4ndler's Ford EastleiÉh ampshire S053 3DA WIKEAS Uoyds 8ank plc North End Port5rnQUth Hampshire P02 OLA
{k EMPOWER GLOBAL (Company limited by guarantee and not having a share capitsll ANNUAL REPORT OF THE COUNaL OF MANAGEMENT YEAR ENDED 31 MARCH 2022 The council of management have the pleasure of presenting their report and the audited xcounts of the charity for the year ended 31 March 2022. The legal and administrative informati¢)n set out on page I fcfms part of this report. The financial ststements comply with current statutory requirements, the Articles of Association and the Ststent of Recommended Practice - Accounting and Reporting by Charities 2CL)5 (Revised 2CM)81. INTRODucfioN The charity was incorporated on the 5th May 199S as a company limited by guarantee and not having a share capiLIl. The company was registered as a charity on 16 September 1996. OBJECTIVES The objects for which the charity 15 estsbli5hed are: The advancement of the Christian faith by the proclamation and furtherance of the gospel of God. The promotion of the wshiP of God by any means whats(*ver, inckjding the preaching and proclamati of Christian gospel: the teaching of Christian doctrine and principles,. and the printing, production and distribution of Christian literature, media products and other resources. The relief of persons in conditions of financial need. or of those persons who are infirm for reasons of old age or sickness. The advancement of education on the basis of Christian principles includin8 the provision of educational establishments, materials and Ixjrsaries for the general education of children or advlt5 on the basis of such Christian principles. ACHIEVEMENTS AND PERFORMANCE Our objectives are based upon three Charitsble Purposes v4hich are described in the Charities Act 26 and are for public benefit: The 3dvancement of religion. The prevention or relief of poverty. The advancement of education. The totsl spent on charitsble activities throughout the ctrjrse of 2021122 was £1.195.653. The following provides further information on how funds wme spent to support our charitable artivities. Empower Global12021122 Annual Report & Financi31 Statements Page 2
The Advancement of Rdgion The provision of suitsble facilities for church administration. church meetiry, and storage of equipment as well as facilities for children's/y¢JJth Christian training programme5 and community outreach programmes. A large proportion of our pastoral care costs are the salartes of our Congregational Pa5tor5 who provide pastoral suppy)rt, mentoring arml ministerial services (such as hospitsl visltationl to people who attend our congregations. It is not only paid pastoral stsff providing pastoral care but a large number of volunteers who work as part of our pastoral sUPPOrt team or as Connect group leader& Providing effective administrative support. business management and financial systems to ensure the aims of the charity are achieved. Such expenditure covers staff salaries. IT equipmenL office equipment, financial systems, training. printing. consumables. safeguarding admin. etc. This is necessary to prov¢de a stsble operational base for the charity and enables us to carry out ¢Jur charitsble activities in an efficient safe and lawful manner. Leaders are appointed to ensure that the aims of the charity are achieved through our activities. Our Costs include the salaries of our Senior and Executive Pastors who provide vision and direction to the church as a whole. Expenditure a150 indudes the provision of training and support for leader5 and other staff. Our church congregations worship together and grow in their faith. We are continually investing in our sound. media and lighting equipment as well as providing logistical solutions for moving equipment to and from venues to 5UPPOrt thi Family Church brings people together from a wide variety of social and cultural backgrounds. Our church tongregations are culturally diverse and work hard to provide activities that appeal to people from all walks of life. Many of the activities we organise have an income throu8h additional donations, contributing to the cost of the event. We have youth groups running in Portsmouth. GosporL Havant. and Waterside. which provide a wide variety of fun, social and spiritual activities for young people throughout the year. All these groups provide positive alternatives to Socbally undesirable pastimes and introduce Christian values to the children and young people. Our part-time Ble College. Empower Bible Academy has now been wound up a5 we make room for FORGE. FORGE is a one-year ministry school that provides opportunitie5 for life-5haping encounter5 with God, preparing discip5 for kingdom living and for the work of the ministry. FORGE is set to open in September 2022 and will run from the Empower Centre Portsmcmjth. • We distribute books. Bibles, a range of audio arKI video media and other resources, to people attending our meetings and courses. All audio and video recordings produced by Family Church are made publicly available. free of charge. via our website and app. We are invdved in many initiative5 in our communities where our first aim is to show kindness to local people: and as V do this we often have the opportunity to share how the Christian faith can have a positive impact in people's lives. Empower Global | 2021122 Annual Report & Financial Staiemenls Page 3
We provide advertising, infomiation and training to our crth members and the wider community. Our activities have more chance of success with the right rnarketing: chjrch members need up-to-date information in order to support our wide variety ot activtties- and training materials need to be provided if we are to expect people to make a positive ccmtribution to our charitable work. Our 50cial media presence is growing and there is a large amount of interaction both from church members and local people who connect with us. Our children's programme provides a fun and safe environment for children where they are taught Christian values appropriate to their age and level of under5tandin& • We utilised support from other organi5ation5 to enable us to work more effectively for the public benetiL We held marriage preparation and enrichment classes. afKJ cornlucted wedding ceremonies as well as funerals and baby dedicatii)n5. The Preventton or Relief of Poverty We have an ongoing relationship with a nUrrt of churche5 arxl other organi5ations that work to prevent and relieve poverty. We support tharities working in Zambia. Angola. Moldova. India. Ecuador and Brazil. as well as sponsoring our own Family Church congregations and mi55ionaries in the Philippine& We supported several individuals who were in financial need and provided assistsrKe to those in crisis situations. This has involved assisting with rent payments. putting money on electricity meters providing emergency loans. and F)urchasin8 necessary items ot fumiture and white goods, etc. We provide emergency food haThpers to those who do not have basic provisions because of financial lack We currently operate our Caring Hand Food Bank in t0 locations (Portsmouth and Gosportl, receiving referrals from local agencie5 such as YouTrust and local Housing Offices. We currently SUPPOrt around families with food hampers each week. We run a franchise of Baby B35iC5 in Portsmouth. providing hampers to expectsntlnew mothers with provisions for mother and baby. usually tsking the fom of a Moses Basket full of nappies, wipes, feeding items, high chairs, cots. bedding. pushthairs. clothes. toys. small furnishings. etc. Referrals come from local healthcare professionals. We have also contributed to go(Kl mentsl and physical health through our pastoral care. This has included many home and hostHtal visits by our dedKated volunteers vtho serve in our pastoral support teafns. The Advancement of Educatl We contributed to the spiritual and mtsral education of chiklren and young people through many of our activities. including our Sunday morning services and Momentum youth groups. We were able to run our Kids Club5 in August and October with themed days. activitie5 and a nutritious lunch provided. Children joined in with garnes and left with arts and crafts in hand. Empower Global12021122 Annual Report & Financial Statements Page 4
Family Church Global Outreach We seek to support charitsble work overseas. In the last year we have made financial contributions to charities in many poverty-stricken nations. Our support currently extends to Cer13r1 Missions Izambia and Angolal, Stella's Voice (Moldoval, Angel Home Ilndial, Rainbow House IBra2ill. Verdad Viviente Christian Church IEcuadorl, as well as Family Church Makati in Manila. Philippines. We also provide regular support to a number of missionaries (individuals and families) wtho wor* with organisations in other countries that provide relief to those in poverty and share the Christian message. We stay connected through newsletters, emails and video calls. We also hokl an annual 'Global Sundav in each of our Family Church congregation5 where we showcase the organisations and missionaries that we support. 50 that people can see what is achieved thrtsJEh the financial support that is provided by Empower Global. PREMISES Portsmouth The Empower Centre Portsmouth183-87 Kingston Road. Portsmouth. P02 7DX) continues to be the headquarters of Empower Global and of Family Church. As well as being the venue for our smaller gatherings and meetings, the pmiseS he$ facilitste the rapidly expanding work of our cornmunity teams. Gosport The Empower Centre Gosport ILayton Road, Bridgemary. P013 OJQ) has contimjed to serve the congregation and loc31 community through the ongoing work of the pastoral and community teams. Several grants have been gratefully received and allocated to improvement work5 on the Church buildin& to include the refurbishment of the toilets and kitchen. Work5 are due to Like pla tater in 2022. Havant & Waterlooville The Empower Centre Havènt provides a warm and inviting space for both church gathering5 and community events. The W3terlooville congregation continues to make use of the local Communtty Centre. The monthly movie nights have been a great success with local familie Waterside The lease of 19A The Marsh, Hythe. Southampton was due to expire on 31st March 2022. The landlord has agreed for an extension of the lease on a 3-monthly term. This facility is used by our Waterside congregation as a local office as well as for leaders meetings. prayer meetings. and band practices. Guildford The lease of the building known as the Empower Centre Guildford (Weyford House. 21-22 Wo¢Jlbrid8e Meadows, Guildford. GUI IBAI was surrendered in November 2021. This followed the closure of the congregation the previous financial year. Empower Global | 2021122 Annual Report & Financial Slatements Page 5
General Building Fund As of 31 March 2022 the balance of the Portsmouth church building fund was £218.492', historically balance5 have been as follows: 2021 £205,492 2020 £207.441 2019 £130.034 2018 £137.262 2017 £138.262 2016 £138,271 2015 2014 2013 2012 2011 2010 £168.087 £220,132 £357,437 £582.786 £545,691 £346,020 As of 31st March 2022. there vras a balance of £47.862 in the Gosport building fund. FAMILY CHURCH AThENDANCE FIGURES Average Attendance Waterside 11.1% Walerlooville 36% 70 23 Havant 15.2% 96 Portsmouth 55.0% 96 Gosport 15.2% Averoge attendtince foures between September'21 (en restrictK)ns were liftedl to Mor¢h'22 11KdIng adults ond children. As a multi-con8regational church we work hard to maintsin the values and culture of Family Church in all of our congregations. Our Congregational Pastors meet together every Yek to discuss vision, provide support to one another and discuss any issue5 that need addressing. We consider our attendance figures to be one of the signs of the general health of the Church so we keep a record of numbers attending each cCgregatIQn. We also use these figures to apporti¢Jn 'national' income and expenditure. Empower Global | 2021r22 Annual Report & Financial Statements Page 6
The senior leadership are encouraged to see such a significant return to a place of Strength following the Covid- 19 season. It has been heartwarming to see the commitrnent of our church family. both in their willingness to attend in-per50n gatherings and in their continued financial sUPPOrt. Across the year we saw an average of 294 people volunteering in our Sunday seNices. By the end of March, 205 people had been part of one of 28 small groups (Connert Groups) njn across our congregations. PRINCIPAL FUNDING SOURCES Funding for Empower Global comes principally from the donations of those who attend Family Church. Additional donations come from individuals who do not attend Family Church, but who wish to support our charitsble work (particularly our community projects and overseas work). Individuals who attend Family Church make regular financial donations to support work of the charity and donors are encouraged to sign a Gift dedaration in order to maximise their giving. Empower Global has been the grateful recipient of several grants made by local authorities and businesses seeking to SUPPOrt our community work. RELATIONSHIPS WITH OUR LOCAL COMMUNMES All of our congregations are part of their local community. We are pleased to be able to invest in events and projects that serve the people in those communtties, and strengthen the relationships wee formed. In Waterlooville we presented movie nights. with free food and refreshments. Over eight evenings we saw 510 people attend. In Portsmouth we continue to offer our Tots and Toys group that runs on Monday mornings during term time. where we see an average of 35 parents and children weekly. Messy Church runs on the third Wednesday of the month where 30 children attend. The Summer workshops for pr1rn school aged children ran every Wednesday throughout Avgu5t with an average of 25 attendee5. This was in conjunction with the HAF programme run by Portsmouth City Council. In the October half term Kid5 Club 40 Children attended each day. There was a different theme for each day and the week was a great success. At Christmas our Caring Hands team provided 60 Christmas hampers to local families in need. This included a traditional Christma5 dinner. gifts for all the family and a bag of trea Across the year Caring Hands delivered 3031 food parcels. This wès made possible by the ongoing support of Portsmouth City Council. Amold Clarke. Abri. and the kind generosity of the people of Portsmouth and Family Church. Our referrin8 bodies include local schools, Health Visitors, Social Workers. Advice PortsmoLrth and Citizens Advice. among others. Through the work of Baby Basic5 we have continued to support expectsnt mums and those with young families by supplying them with all the essentials they need to look after their babies. At times we have fulfilled upwards of 50 refeal$ a month. received from grateful health and social care professionals. Empower Global | 2021122 Annual Report & Finanryal Slatements Page 7
Caring Hands Gosport food bank ha5 continued to grow and expand its services to supwrt the local community. This year V have been able to begin supwting families with different needs by launching Caring Hands Kids. ourchildren's clothingaThJ toy bank We have provided 1250 hamper5 which equates to 3.750 meals. Additionally 430 toiletry hampers were supplied to families in need. Since the launch of Caring Hands Kids in January 2022. we have provided 82 clothing. education and toy hampers for children. FINANaAL REVIEW The Board of DireCtorsrUStees we pleased with the financial performance of the charity throughout 2021122. During the 2018119 financial year the Directors prepared a financial risk management strategy. which now provides them with indicators on which to respond quickfy in the event of an elevated risk of financial crisis. Thi5 was considered very important in view of the stste of the global economy, and how this could affert individuals and their giving. On a monthly basis, the finance team produces financial management reports showing the perfom)ance of each of our church congregations as well as the charity 35 a whole. Our accounting structure is based on an accrual system to allow us better opportunities to manage the finances more effertively whilst maintsining strirt controls over spending so that the tharivs resources are used sensibly and efflently. The totsl annual income for 2021/22 was £1.079.049 which was a 14.6% decrease on 20201211£1.263.6151. The monthly regular unrestricted giving through tithes and offerings saw a decrease of 12.4% from £896,352 in 2020121 to £785,610. Empower Global made an operating1055 of £116.604. with a decrease in unrestrirted fu$ from £858.490 in 2020/21 to £710.110. Current a55ets. including cash in hand and in the bank, decreased by 10.3% over the course of the year to £808.159. Totsl expenditure increased by 11.1% from £1,076,288 in 2020121 to £1,195,653 in 2021122 with £1,025,512 of that being ministry related expenditure. and £170.141 reLating to the administrative operation of the charity. Within the ministry related expenditure. Ernpower Global gave £265.621 towards missions projects Iglobally and locally) to support those in need. with £129.974 coming from reStrd fund5. In 2021122, a total of £533.017 vlas paid out in salaries/wages including those that are permanently placed within the community to lead and provide pastoral support to our local congregations. along with the administrative management of the charity. None of the Directorsrrrustees v4ere paid during this period. No individual member of staff is in receipt of a stipend/salary in excess of £60.¢ including all payments relating to the provision of a suitsble manse. vthere appropriate. Empower Global1.2021122 Annual Report & Finanaal Statements Page 8
INVESTMENT POWERS AND RESTRICTIONS The charity is authorised to invest the monies of the charity not immediately required for its poSeS. in or upon such investments or property as may be thought fiL subject to such conditions as rnay be imposed or required by law and subject as provided by the Articles of Association. RESERVES POLICI In 2017, the Trustees rea55essed the needs of the charity arml revised the reserves policy to better reflect our current objectives. It was felt that our current policy was not suitable for a charity such as ours, and that holding large sums of money in reserye would actU311y work against our very objectives. In accordance with the policy set by the trustees we hold general reserves sufficient to cover 6 weeks. of essential operating expenditure, in order to safeguard existing activities and enable the charity to respond to new opportunities. PLANS FOR THE FLrfuRE In order to continue to achieve our charity objectives have made plans for the future. Grovrth of Farnily Church We will continue to help Christians grow their faith thr(yJgh a wide variety of initiatives. This include5 providing meaningful worship services and effective Bible teaching" running appropriate COLJrses to equip Christians in their daily lives- helping Christians to develop mutually 5UPPOrtive friendships through small group activities.. providing opportunities to get involved in the charity's community and global outreach; training and supporting church leaders. We want to have a positive impact on our communtties and will continue to provide services to our local communitie5, networking other organisations wherever possible. Through the work we do in our local ommunities we hope people wll realise the positive impact that the Christian faith can have on their lives. We encourage people who attend Family Church to share their faith with others. For this reason we expect the number of people attending the congregations of Family Church to grow. Multi-Congre8ational Churth When appropriate. we plan to open more congregation5 in the UK in txder to provide local communities with a place of worship reflecting the style a1 values of Family Church. As we equip and send people from Family Church to open new congregations we provide numerous opwtunities for church members to be involved in Christian ministry. Alongside the numerical growth of our congregations we will continue to increase the number of small groups that run during the week. Our Connect Groups help to maintain meaningful friendships amongst individuals who are part of our wider church c¢Nnmunity. As a member of Assemblies of Gryl Great Britsin we swport the drive to see more Churche5 planted acro55 the country and are considering how best V can facilitste this. Empower Global | 2021122 Annual Report & Financi31 Stalemenls Page 9
Expanslon of Community Projects We will continue to work in our communities, aiming to develop and expand our community and outreach programmes. We will continue to use our buildings in Portsmouth. Gosport. Havant, and Waterside to run activities and projects that enrich our communities. as well as hiring local facilities when needed. Through Family Church Global Outreach and Overland Missions we will continue supporting overseas mission projects and irKlividuals involved in relief work thrght the world. Suitsble Premises for all Congreptl¢)ns For the long-term stsbility of the charity Y are committed to the acquisition and development of premises for all of our congregations, stsrting with a local 'hub' for each congregation and moving toward premises that provide enough auditorium space for Sunday serrfices. THE COUNCIL OF MANAGEMENT The Charity is managed by the Council of ManagemenL There are 24 paid employees110 full-time, 14 part- time at 31 March 20221 engaged in carrying out the ChariWs objectr¥es. They are assisted and supported by a large number of volunteer workers. The Council of Management has implemented a risk management Strate which revievds. ¢)n an annual basis. the risks that the charity may face. Systems and procedu are designed to manage the risks identified and to minimise the potential impact on the charity should any of these risks materiali5e. RECRUITMENT AND APPOINTMENT OF THE COUNCIL OF MANAGEMETr The Council of Management of Emwwer Global tskes seriously the recruitment and appointment of members of the Council. Potential trustees are recruited on the ba515 of their existing interest and involvement in the charity and the skills and experience they add to the Council. Trustees are appointed by the CnCil of Management through electFon in accordance V¥lth the Arbcles of A5YXk4tion. DIRECTORS. RESPONSIBILMES The Directors are responsible for preparing the Annual Report and the financial ststements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice (UK GAAPI. Company law requires the Directors to prepare for each financial year, financial statements, which give a true and fair view of the stste of affairs of the company and of the surplus or deficit for that period. In preparing those accounts. the Director5 are required to: select suitsble accounting policies and then apply them const5tentty; make judgements and estimates that are reasonable and prudentr, stste whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the accounts" Empower Global | 2021122 Annual Report & Finanaal Siatements Page 10
• prepare the acCOts on the 8oin8 C(MM basis it is inapwopriate to presume that the company4, will continue in operdtio tKI' . The Directo"rs are responsible for.keeping proper accounting records Ivhith disclose with'reasonable Kcuracy.. at any time thè financial posit of the compaiiy and to enable them to ensure that tr accounts comply with . the Cowoanies Act 1985. They are also responle for safe8uardin8 assets of the Company and hence for takin8 reasonable steps for,the iirevei)tion and detéction of frdud and other irregularltses. . Al far as the Directors are aware. there is no relvmlt audit information of which the auditors are unawa. Each Director has taken all Steps that they ou8ht to hwe taken a5 a CrertOr In order to make themselves aware of any rdevant audit inffmith and to estsblith that compa$ alltorS ¥e aware of that., informatlon. Ttrws report has i)een.wepared in accwdance the Special w(Y4ry5ions fw smal companies under Part Vll of the CompleS Act 1985. and in xcorqlance with tr* Statement of Recommended Pract4ce- Accountin¥ and Reporting by Charities 2(X)5 IRe¥i5ed 20Ci81. Si8ned and 4)proved on behalf ol the QnCIl of rnanagemtnt on 19 December 202Z P•tr S Baker Companysecretary Fii)powei Giobal120211?2 Annual Rewrl & FIn0r1?1 SiatenTrenls Page 11
INDEPENDENT AUDITORS. REPORTTO THE MEMBERS OF EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) We have audited the finanoal 51atements of Empower Global for the year ded 31 March 2022. whch comprise the statement of Financial AttltieS. Balance Sheet. Cash flow Staiement and the rel•ted e5. The finantial reporting framework that has beerb OpIe in th¢ir preparaiw)n is applicable law and UTrited Kingdom Accounting Standard5 including Financial Reporting Standard 102.. The Financial Reptytiw Standard applicatye to the UK and Republic of Ireland Iunited Kingdorn GeneraltyAccepted k¢wnlin8 practi5. This report is made solety to the charItae comparfs member5. as a body. in acuxdance wth Chapter 3 of Part IG of the Companies Ad 2TrJ6. Our audit work has been undertaken so that we might state to the charitable campan(s member5 those mattefs we are required to Mate io them in an auditorfs feport and for r0 other purpose. To the fvllest extent permined by law. we do Tt Kcept or assume responsibility to anyone other th4ll the tharttable compan¥ and the charitable ¢ompathS members as a body. for our audit work. for th15 report. or for the opin+onswe hève formed. In ow opinion. the financi41 stem¢nts'. give a true and fair wew of the state of thE charitable ¢<ffip4rf5 affair5 as at 31 2022. and of its inwme •nd expenditure for Ihe year ended.. have been property prepared in accordance with United ngdoM Generalty Accepted Accounting Practice.. and have been prepared in xcordancewsth the regutynents of the Companies Act 2Ca)6. 83slsof oplfilo We tonducted our aLKlit in accefdance Iniernational Siandards on Auditirt8 IUKI IIsA5 IUKII and applicab law. Our responsibilities under those 5tantsards are further des(ribed in the Auditorfs responsibiliiies for the audit of the financial statements settion of our report. We are independent of the th4ritsWE comp4ny in act¢dance with the ethical feouirements that are relevant io our audrt of the financial statements in the UK. induding the FRf5 Ethical Starldard. and we hwÈ fulhlled our other ethical respon5iknlities in accordance these requirements. We believe that the audit evidence we have cbtained is 5ufficieTrt and apswriate to provide a ba$ for tyjr opinion. Conduslons relingtogo6rytontern In ouditin¢ the fin•n¢ial stètements. we have conduded that the trnstees. use of the to concern bass of accounting in the preparation ol the financial statements is appropriatè. Based on the work we have perfornRd. we haby not thtified any materval nrtaintieS relating to events or ldItIOnS that. ifidiTr&idually or tdlÈrtively. mèy tast significant dtyJbt on the chariiable company's ability to continue as a goinE concem for a period of at least 12 rncnths from when the ffinantial statements are authorised for issue. Our responbIlItIeS and the responsibililies 01 the trustees Yth resyd to 8Oln8 COAcem are described the relevant settions of thls report. Other Enformation The trustees are responble fw the other inforrnatic. The other information comprises the information included in the annual report olher Ih4n the fifiancial statements and our auditorfs report thereon. Ow wnion on the financial statements does not covef the other information and. except to the extent OthepSe explially staled im tsur report, we do not express anyfom of assurance condusion ihereon. In cMnedioft our audit of the financial Sfdiements. fwr re¥Tr$it4"1ity IS 10 read the other information and. sn doing so, consider whether the other information is m*erialty inronsi51ent wrth Ihe financial 5raternents or our knowledge obtained in the audit ar othelse appears to be materially msstated. If we identify suth marerial incoThsisterKies or apparent Material rnisstatements. we are required to deterrnine whether the i% a matÈrial mtsrfatement in ihe financi31 staiements or a materi41 misstaternent of the othef iTrforniation. If. based on the work we have performed. we conclude that there 15 a matenal misstaternent of thi5 other informaticrtl. we •re re4uired to teport that fètt. We have nathiry to repDrt in this reKard. 12
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF EMPOWER GLOBAL {Company limited by guarantee and not having a share capital) Matts on tfvthkh we are requlredto W byeme We h8¥e fiothing to rep)rt in resFett of the fdlwng matters in relation to which the Companies Act 2C#J6 and the Charities (Acctyjnts and Repgrtsl Re8ulatii)n$ 2LI)8 require us to report to you if. in our opinion.. adequate a¢courtirt8 records hawé I1 been kept or returns adequate for wr •wlit have not been re¢¥¥ed froffl ranches not wsited by u5.. the financial statements we fiot in ayeement wrth the acc8 recofds and return5: Certain dix105ure5 of trustees. remuneration specthed by laware Troi rnade.. we have not received all the information and explanation5 we require for the purptsses of our atsdit; or the trustees were not entitled to prepare the financial 5tatefflents in aceordènce the small companies regime and take advantage of the small companies exemptioTr in preparin8 the Tru5tee5' Annual Report and take advantage of the small cornpanie5 exemption from the requirement to prepare a sirategK report. Re5pwsibilities olthetrustees As explained More lully in the trustets. respJn5itslities statement. Set (yjt page 16. the trustees are responsible for the preparation of the financial staiernents and for being satisfied that theygi¥e a true and faiT view. •nd for wch internal control a5 they determine is neEess¥y to enable the preparnbon of financial ststements thèt are free from material mis5talement, whether due to fraud error. In preparing the Financi 5tsternents. the trustees re5ponsiblE for assessing the £haritable companrfs ability to continue as a goin8 £oncern. disclosi as applicable. matters related io going concern and using the going crfflcem ba515 of accounting unle55 the trustees eithÈr intend to liquidate the charitable company or to cease operations. cff have no realistic alternative but to do so. IrreSPs1bII[t1e5lorthe audit Of the fin(1¥1 st•leTrYnts We have been appointed as auditor under C(rfTrpanies Act 26 report in xcordonce Mth the A¢t •nd ieltvant reBul4tyans made af havin8effe(t ihereunder. Our objectives are to obtain rea50natsle a55urance about whether the finanoal siaiements as a whole are free from material misstatemenL whether due to fr¥ud or error. and to •n audito¢s report that includes our opinion. Reasonable assurance is a hwgh level of assurance. but is not a Euarantee that an audit condurted in aCCQTdance th ISA5 IVKI will always detect a material misstatement it exists. Misrtatemeftts can are frcffi fraud or eryor and are considered material if, individually or in the a4gregate. they could reasonably be experttd to infiuente the ectsnomic decions of users taken on the basis of these financial statements. Irregularities. induding fraud. in5tance5 01 nOnrfplWKt with laws and re8daiions. We deSn wocedwes in line wlth our responsibilfties, outlined ab)ve. to detert material misstaiements in respert of irregularities, including fraud. The extent to which our predre$ are ¢apble of detecting irregrIe$. in£tj1 fraud is detaibed beknw: The eng48ement partner en9Jred thai ihe engagement team collectNety had the appropriate ttpeteTh. capakn'litie5 and skills to identify orrec4ni5e non%Ornlanwlth ap11¢ lths and re8ulètions. We identified the law5 and regulatiort5 apIcae to the tharitable c¢mpany through discussions with trustees and other management and we assessed the eeI of compliance with the laws and re£ulatiLwt5 tdentified above through makinE enquiries of rnana¢efneTht and inspecting leEal corre5POrtden¢e. We assessed the susceptibility of the charilable compan¢s finèncial statements to material misstatement, including obtaining n understandin8 OF how fraud mwdht c<cw. by makin6 enquiries of managernent as to where they cwydered there was 5uxeptibility to ffayd, Iheir kntswl¢dRe of artu•l. suspetted and alle8ed fr3ud and CIdering the internal wntrols in ace to mitigate fis*s of ftaud and non<omlare with laws and regLdation5. 13
INDEPENDENT AUDITORS. REPORTTO THE MEMBERS OF EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) To address the fisk of fraud through managernent a5 and OVerTle of controls. we perfDrmEd analytical procedures to identify any unusual or ynexpetted relationships, tested irna eniries Klentify unusual transactions investigated the rarionale behind significant or unusual transactions_ In resr)nse to the risk of irregulare5 and moTrcomplitin¢e wth lows and re8ulaknons. we designed predureS wh.th in[led, &t were not limited to-. agreeing financial statement dis¢lt>sures to underlying supporting documentat. readine the minutes ol meetings of those tharged wilh go¥ernance,' and enquiring of management as toartual and potential litiEatioTr and claim5. There are inherent limitation5 in wr audit procedures destnbed above. The more removed that laws and regulations are from financial iransadions. the less likely it IS that we would become oware ot n£0mlan. Auditing 5t4ndbrds a150 limit the audit procedures required to identify n<0Mpli3n wth laws and regulations to enquiry of the trustees and other management the insperti of reAat•ryand legal Correspthlence. if anv. Material misstatements that arise the to fraud can be harder to detect than those that arise from error a5 they may involve deliberate concealment or c(AIu5ion. A further description of our respM5ibilitiÈS for the audit of the financral staternents is Icted on the Financial Reporting Councifs website at.. wm¥.fr(.org.uk/wJditowesp)n5iLxlites. Thisdesthptitsnfomis part of ouraudtiorfs report. Knight Ggodhe4d Lirniteé is eligible for appthntmeni as audiior of the tharitable comparry b¥ virtue of its eli8ibility for appointment a5 auditor ofa company under 5edion 1212 ofthe knPanS Att 2L ils¢ dowrport Thi5 report is made 501ety to the th•ritstAe ¢+)PTr¢S members. as a bth. in accordance with section 1212 of the cLpanIeS Art 2W6. Our audit work ha5 been Undertak 50 that might state to thÈ chaTlt3blÈ tompènrfs members those matters we are required to state to them in an audttorf5 report and lor no other purpose. To the fullest extent permitted by law. we do not accept or assume reSPonbillty to anyone other than the charitable companvs members as a body. for our audit work. for thi5 re or for the ownions we fL¥m. CI GOODMEA Senitsr StstutoryAuditor For and on behalf of.. KNIGHT GOoDlD UMFfED. staiu1wvA1i•r and Chtornl A(£(Mnts 7 Bournemouth Road. Chandler's Ford. Eastle. Nampshire. 5053 30A Knight Gotyjhead Limited is digitde to act as an audrtor in terms of section 1212 of the Companies Act ZQJ6. 14
EMPOWER GL08AL (Company limited by guarantee and not having a share capitsll STATEMENT OF FINANCIAL ACTIVMES FOR THE YEAR ENDED 31 MARCH 2022 Ilncluding Income and Expenditure Account) TOTAL TOTAL ld$ 2022 2021 Notes INCOME DgllatlDf15 and leBaties Trading income Investrnent income other irKome- ORS .427 785.610 12,664 l.C66,037 12.664 1.230.446 7,992 232 24.945 TOTAL114COME 280h27 794622 L079.049 1263.615 EXPENDITURE Choritoble octiwties 248.651 947.C112 1.195.653 1,076,288 TOTAL EXPENDITURE 248.651 947.iYI2 L195.653 L076288 14Ef IEXPENDITUREIIINCOME F(IR YEAR 3L776 114&3WI IUA6041 187327 NET MOVEMENT IN FU14D5 31,n6 11413801 111&6041 187327 Fund balance5 at l April 2021 333.765 858.4 1.192.255 1.0)4,928 FUND 8ALA14CESAT 31 MAROI 2022 36S.$4A 710,110 IM75.651 L192255 The Staternent of Financial Actmbes indudes all gains and losses recognised in the year. All inwmin8 resources and resources expended derr¥efrom rmtinuing¥¢tMties. 15
eMPOWER GLO8AL (Company limited by guarnntee and not having a share caprtall BALANCE SHEET AS AT 31 MARCH 2022 AXED ASSETS T8ry14e asse 64752 670,345 CIMIRENT ASSETS 163 2i239 759.757 Q159 17.177 14,474 868,884 .535 Oebt Cash ItnI and in hand eRÉDrroRS'. oTr f due wlthin 4yyea 127.1891 125.1461 IIErcuiiRENT Ass5 770 875.389 TOTALASSETS LESSCLIRREIITLIA8IirnES L419.7Z2 1.545.734 CAEDITORS.. amounts ts1kn8 d fter one 1314.0711 NET ASSET5 L075.651 L192.2SS FUN05 Restrictsd Iwd5 VnTestri¢t¢d lunds- Gemr Uniestrlcted lunds- Desyed 365541 283A12 426.298 333.765 352.788 $05.702 12 12 TOTAL FUN05 I5.651 1,151255 The Irrounts have been prepared ¥¢ty1 th 5pKial prrydi51m5 relaDn4 to srnam CL¥rwnlest•ffthln Part 15 ofthe Companles 2fj. Appro%d by the CO101 190ecernbtr 2021 and nedon Its bebalfbv Mr M Feryu50n
EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) CASHFLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 202Z 2021 NET CASH FLOW PROVIDED BY OPERAnNG AalVlmES 183.8961 223,724 CASH FLOWS FROM INVESTING AcnwmES Interest receNed 232 Fixed asset additions Ili.C631 14.605 129.5351 1.5(A) Prrxeeds from s* offixed assets CASM FLOWS FROM FINANCING AcfiviTIES e9•yt5 of èorrow Interest paid 18.8961 120.2251 1&4331 120,6531 NET CW FIOW 1109,1271 166.835 Change in cash and cash eqwalents in the perh IIIYJ,1271 166.835 Cash and Cash equt¥alent at start of The perK 702.049 Cash and cash equivalents at the end of the peviod 759,757 868,884 17
EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022 RECONCILIATION OF NET EXPENDITURETO NET CASM FLOW FROM OPEKAMNG ACTMTIES 21 Net lensel[lO£0rne kythe year Interest recewed 1116.6041 187.327 12321 20.653 Interett paid 20.225 Depreciation Profrt on disP05al of fixed •ssets Ilfi¢reasellde£reas¢ in debtors Intieaselldecreasel in creditor5 Increase in stock 28.366 35.239 13041 16,706 I.488) 117.1771 131SI 113.7651 I31 12.9B61 Net cash flrwfrom operatingactMt*5 183.8961 223,724 ANALYSIS OF CASM ANDCA5H EQU1VNTs 21 Cash at bank and sn hand 759.757 868,884 ANALY515 OF CHANGES IN NET OEBT At31 IAwil 2021 Cash Ih)ws t•sh than(es 31 March 2022 Cash at bank and in hand 11(8.1271 759,757 Debt withifi oneyear Debt after one year 19.1481 1353.4791 129.1211 28.6CI) 19,6601 1344,07ll 6.257 1138.2481 38.017 406,026 18
EMPOWER GLOBAL
{Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDEO 31 MARCH 2022
ACCOUNntyG POLICIES
al Basi5 of accountin
The finam
EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) NOTES TO THE Accoupif5 FOR THE YEAR ENDED 31 MARCH 2022 ACCOUNTING POLiaES Itontinuedl el st4xs Stocks held at the year end for distrib¢Jtion are ststed at tsir vue. an approximatioii to their shop cost or a diseouttted ount where apwopriate Ifor eXame second hand r(emsl. Lease5 Rentals paid under operatiryd leas are charged to the Statement of Financval knties on a stra¥ht-line basis over the lease term. gl Pension contributi$ The charitable iompany participates in a defined contribution pension scheme. Contr1ttIOnS ore chafged tothe Statewnent of Financial Activityes for the year in which thEy are payable to the scheme. The assets of the scheme are held and managed separately from those of the tharitable c(MnTrY. h) Fund accounting Funds held by the tharttat4e companywe either.. Unrestricted general funds Funds hich be used in acccffdance wilh the charitae objects at the discretion of the trustees. Funds set aside by ihe trustees oui of unrestritted general fwds f sFecific future putposes or projects. ore refle£tinB investmEnt in propÈrt¥. Funds ihat can ohly be used fc particular restricted purposes wihin the othects of the charity. Restrictions arise when spe¢ified by the donc* or when funds are raised for partiojlar re5tritted wrpose5. Designated funds Rewia¢d fuThJs LEGALSTATUS OF THÉ CHAR[ The charitstAe company was iDcorporated on S May 1935 in Englond and Wales was rwstered on 26 Ptember 1996 with the CharityCDrnrnission in Éngland and Wales. The charity is a pullic benefit entity. The reeistered offite ofthe tharrty isThe EMpr Centre. 8>87 Kingston Ro•J. Portsmouth. Harnpshire, P02 7DX. The ¢horiiable company is limited by guarantee and has no share capital. Tr liab"&ty Ofeh mernbEr in Ihe eveni of wirbdiw. up is lirnited to £1.
EMPOWER GLOBAL (Company limited by guarantee and not havin8 a share capital) NOTES TO THE ACCOUPITS FOR THE YEAR ENDED 31 MARCH 2022 OQNATJt)NS ANO LEGACIES TOTAL TOTAL funds funds 2D22 2021 Cash donationsand legacies Gift rec¢)veratAe Donaiions in kind 240.340 12.367 27.720 662.433 123.177 902.773 135.544 27.720 IP50.503 145,458 34.485 TOTAL OOP4ATIONSAND LEGKIE5 I.41? 78S.610 1.066,037 1.230.446 STAFF COSTS 20 1021 Salaries and wage5 So¢ial se¢ufity tosts Pensicffj contributicffjs 492,8 24.569 IS,640 484,240 22,903 14,384 533.017 521.527 No employees received emolufflents exceedi £fAJj thjringthis orthe prior year. Key managemeni personnel received total remuneration of £218.563 12021.. £207.6721 to 5 ernO¥ee5. %thich includes manse payments of £71.1fy)12021= £71.1[) The avewe number ofemployees during iheyear was asfollows". 2021 Number Number Partors Administration Cornmunity Youth io li io 24 27 21
EMPOWER GLOBAL Icompany limited by guarantee and not havinE a share capital) NOTES TO THE Accoupifs FOR THE YEAR ENDED 31 MARCH 2022 EXPENDITURE Totsl T•1 funds 2021 Costs dyertty all¢xated to KtNifies WaBes and larIeS lse note 41 Grants and dallonS (see note 61 Motor expen5e5 Hire of halls and stowe Meeting expen5e5 Publitity Hospitality Travel and subsi#¢nte Tdephone Printin& postage and siationery St¢x and consumable5 Prop¢rty depreciation Motor depreoation Profit on d15P05al of fixed assets 52.730 129.974 2,S42 7.619 44.455 418 4W,287 135,fA7 6.164 68.396 46,533 734 533,017 265.621 8.7[ 76,015 521,527 255.437 9.364 42.6Q2 40.361 205 3.377 864 6,118 22,327 3,419 15,083 5,719 13041 926,099 1,152 8.314 229 4.962 17,070 L116 15.083 3,554 13151 1.025,512 781 7.533 4.777 17.070 1.116 15,083 3,554 13151 786.808 238,704 support ¢osts all(ated io ltIeS Offite expenses Fees and subscriptions Insurance 833 241 35.037 4,631 13.938 35.996 1.837 3.961 20.225 7.596 1133 35.870 4,872 13.938 37.872 36.564 5.231 20.225 7.596 2.133 44.919 4.143 14.545 960 Legal and professicffjal fees Repair5 and mabntenancE Bank charges Loan interest Equipment depreoation Cornputer equipment depreuatityl Audit and accountancy 1.876 S.727 1.270 39,338 5.374 20.653 10.946 3.491 5.820 150.189 9.947 160.iY4 170.141 TOTAL EXPE141MTURf 248.651 947.2 1.195.653 1,076,288 Included 11 audit and accountancy ai)¥e are amounts due to the auditor5 in rekition to the audit of £3.IXQ 12021.. £3,0> and £2,840 for othef work12021.. £2,820). The Unrestricted fvnds uMTh represents the KtMts"es of Fam thurch.
EMPOWER GL08AL (Company limited by guarantee and not having a Share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 ANALYSIS OF GRANT5 Gift and donations m•Je in theye¥totaled £265.62112021: É255.4371. Gifts over £l,OtKI per institution are a5 follow5.' 2022 2021 Angel Home Sonnse Church Greal Bi8 Life Stella's Voice emblies of God 4.634 10,025 20.oc 20,LIX) TAN6IBiE FIXED ASSETS FehOld T•hl¢les S e4yIpft eqpment Total COST At be8innin8 of year Addition5 L)isposals At end of year ,109 34.425 257.187 10.164 1202.5921 64.759 24.958 899 113.2301 12,627 1.070,679 11,C63 1225,1221 856,620 19.31XII 25.125 754.1 DEPRECIATION At be8innin8 of year CharEe for the year On disposals At end of year 126.S19 15.083 17.266 3.554 16,3571 14.463 235,8 7,596 1192.9121 50.592 20,641 2.133 111,5631 11.211 4ts),334 28.366 1210,8321 217.868 141.602 NET 800K VALUE At end of year 612.$07 10.662 14.167 1.416 638.7S2 At inning of year 627.59) 17.159 21.279 4,317 670.34S DE8TORS 2021 Income tax recoveraNe Prepayments and ac(ft in¢•me other debtors 11.916 14.9)9 1.414 28,239 12,471 l.C#)3 I,0 14.474
EMPOWER GLOBAL (Company limited by guarantee and not hawng a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 CRETORs.. arnounts fallin8 due vrithin one year zo Bank toans Other uethtors Accruals and deferred income 9.6 6.905 10.624 27.189 9.148 5.120 10,878 25,146 io CREDITORS.. arnounts fallin8 due aftermoreth one y*•r 1021 Bank lttans 344.071 353.479 The bank bans are se¢yred <)vef the Emw>wEt Centre. 8>87 Kingst Ro¥l. Pgrtsrnouth and 47 Botley Drive. Plavant. IncIed in the above. I amounts due after mtye th• 5 ye•rs of £299Y912021.. £311.3141. li REsfRICTED FUNDS 8alance at 31 M•rth 2021 IApnl 2021 Transfws Buildings and Facilities 8uildin8 Fund Churth Grovrth and V¢5ion Fund Missions Famity Chur¢h Gfobal OTe3th Mission Trips Community Projects Caring Mands Baby B45iC5 CommunityFunday Barclay5 COMO project PCCSchts)I meals and food hampers SEN 205,492 45.851 20S,492 66.495 71211 150.5671 10.730 61339 153.8681 13.6941 18.201 15.102 28,767 3.941 9.554 44519 16,805 139.4891 117.7851 15.6331 (9.7341 14.4581 14.413 114.4131 34.545 13.374 3.716 1.542 S.L)JO 9.603 2.356 Connert4CornmurNties 21.145 10.189 112.5421 17.8331 Kickstart Projects for Youn8 People Momentum Supporting Family Church People Widows Fund Ladies ministry Mens rninistry leadership Events Empower Bible Academv Lo¥e Portsmouth lJe5usI App 21570 I230) 1,358 991 19911 12.1641 110,8631 4398 10.863 2,234 14.1 3.425 1.625 333.765 280.427 1248.6511 36S.S41 24
EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 li RESTRIED FUN05 {c(timedI ulldlw F¥t7d Mernbers of Fownity Churth ran donate money Specffjical to the thur(h ulJIrrf lund,. Ni5toricaNythe money raised was for the Specific aim of acquiring and equipping a church building in Portsmouth. Sbnte January 2013 all donations to the building fund. unless Biven for a specific coD8re8ation's e¥isting or fvture buildin& are allocaled to the national building fund which is for acguirin8, developin6 4nd equippin8 buildings used fcrf the purp)ses of the thurch. in any locatir vthere Family Church operates. In prewou5 years. accuvnulated balances in the ChuTih Growth Fund were inCLy1ed In the main BuildiTr8 Fund. However, these are now kept separate for each congregatyon. Churth Growth artd .$10 Fimd Each Family Church congregation raises fvnds perj101 towards the continued Erowth of the church. Thtst donabons are used for resourtiryg xpecthc tommunity roAreach prosects. for purthasing eouipment. and for activities that faolitate growth. JO% of fvnd5 raised by each coTrzregatii)n are directed toward the national yowth fuNI for prtiits that impact the whole church rather than a specific con8re8aiion. Members of Family Church can donate mcffiey sFeoficaSly to o¥rseas missions that the thurth support5. Such doTratsons are allocated to the Family ChurGh Gfvbal Qutrea¢h Fund whith is used to support the work of or8anisarions throughout ihe world in the relief of persons in condits5 of financial need and to W5t their care. Where mcnthly c05t5 Exed the amount ratsed thro¢J8h restrirted donations. unrestricted fund5 are released to offset the ban. Miswi Trrps Thi5 rele5 to dc)n¥tl¢A15 frorn membÈts of Famity Churth wven ftr pu0$ of fufiding mission trips. These funds are temporary by nature and do not accumulate balances. Curlng Hunds Members of Famity Church can donate money to carl Hands. the departmerst of Fami Church ihai provules social welfare to loc communities. Such tionS are 4llotated to this fund and primarity for the wovision of food and other essential btem5 10 local peoe. Where costs exceed the amount raised tkn4h re5trKted donation5. unre5tritted fund5 are released to offset ihe laft¢e. Members of Farni Church can donate money to 8aby Basic5. a department of Flty Churth that provides sooal welfare to lotèl c<)mmunities. th donations are allc*ated to this fund and used primarihf for the pmtsicffi ol essential baby related items to local famtlie5. Where costs exceed the amount rabSed throuth restricted donations. unrestricrÈd funds are relÈasÈd to offset the balwce. CommunityFun The Management Tearn set ayde unre5trKted fvnds ts annuol Cornmunity Fun Days. These fund5. in adilition to rE5trirted ants that are prtmded by other Lwgènisaiions. are used to ctrrtr the costs of running these Community events. These funds are temporary by nature ond do not accumulate bolance5. Where e¥ent Costs exceed the amount raised throuEh the designated funds afid the resiriaed granis. w%restricted funds are released to offset the balance. eordvys COVIDproiert This was a £ICN)k grant frLYn Barday5 6anK for the 5pecffic purF&ise of supkviin¢ those in hardship as a result of the Cld-19 pandemic.
EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUtirs FOR THE YEAR ENDED 31 MARCH 2022 li RESTrICTED FUNDS l¢ontinuedl This is a restricted fund in tyjr Portsmouth congregation with fvnd5 pro¥?ded ty a grant from PortsMth City Council. speGific4lly for Christmas farnity acttvity packs for the cornmunity. SEN Thi5 15 a restricted fund in coJr Havani congre8ati¢ wilh fvnds pro¥ided by a speafic donation, for the purpose of 5UPPOrting projects for thildren with spEcial educational needs. This is a restricted fund ITr our G05POrt conEreeation with funds prowdEd by erants from Hampshire County Coun¢. specilicallylor supportin8 ihose in the communitytith emer8enryfood and other essential item The Kickstart fund was ueated to receive paymentsfrom Portsmoulh Oty Qxjnril. a5 a gateway to the government's Kickstsrt employment Kheme. to co¥er employee costs assc<iiied wth ihree Kickstart plxernenls. We also received 3 Brant for each Kt<k5tsrt placefflent. producirvd an excess of funds to support the placements. Mornentum 'Mornentum' is the ytyjth Mimiry of Famity Churth. It has undertaken fund raisir and receNed donations io help fund the cost of equipment and youth acbwties zeneralty. Members of Family Church have historically given donations to provide fmancwl assistwce to widow5 ¥•ithin the thurch. This fund remains available for use as and when required. The ladies ministry of Family (Thurch events throuehout the year. indudine breakfèsts. retre*s •Ad confente$. Any profit generated is inwesied back into the ladies ministry for fvture ents. Where event Costs exceed the arnount raised through donation5 or delegate fees. unrestricted fd5a[e reteased to offsei the balance. Mensmthlstry The men's ministry of FamSly Church events ihrwqho the year. induding bre3kf35ts. retreats and conference5. Any profit generated is Invested baEk into thÈ men's ministry for future trients. Where event costs exceed the amount raised throu8h donati0Th5 or delegate fees. unrestricted fLmd5 are rdeased to offset the bolonce. Empower Bible Academy is a ble college rnn ty Famdy Churth. Funds ¥e raised through delegate fees. and where costs exceed the amwnt raised, unrestricted funds are released to offsetthe balance. This Fund was prwded by the chartty. 'Lo¥e Portsmwth lJe5U51' to pay fr)r the rost of a tiwde prayer initiabve where streeis that have been Pfayed for are tracthed usin8 an app.
EMPOWER GLOBAL {Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNT5 FOR THE YEAR ENDED 31 MARCH 2022 12 UNRESTRICTED FUNDS At i Apr4 2021 At 31 Marth Tran51er of Ivnd5 Brid8emary Blding Fund Portsrnouth 8uilding Fund National Family Church Future Fund GCC Fund Gosport Building Fund Church Growth and Vtsion Fund Portsmouth Local Fund Property capital fvnd TIA41 designated funds General funds 45.ClX) 13,C 112.6(Kl 51.848 45,LXIO 13,OJO 26.IY48 186.5021 151.8481 SiW8 13.9861 47,862 18.291 17.271 258.776 426.298 283,812 710,110 18.291 19J17 110461 135.4291 1127,9631 1819.0391 1947,OJ21 264.963 505.702 352.788 29.242 29,242 129,2421 19317 779.305 798.622 Total unrestrirte¢l funds 858.49) In¢lyded in unrestrKted funds are M(leS set aside by Trustees t0rS futur I1¢ts that the Trustees ¥nd management decide to urertakeWllhin the objetts of the charrty. The Bridgemary IGosportl Buildin8 Fund and Porrsmoulh Buildin8 FuThl each represent ndS fcrf the development ol a buildinR forthe re5pedive congre8atson. The National Family Church Future Fund is set asKle for the firture development of our corwegaknons. The broueht forward balance includes the former Guildford Crmmunity Church Cafe fund. whith has now been lncorkated into this fund. Muth of tlmsfund has beerb spent on e¥penditure rdated to the Gldford area. The GCC Fund represents eeneolfvnds tramsletred to Famitychurth Guildfryd C¢)mmunity Chyr¢h ¢losed. The Gosport Building Fund ty a fvnd set asidÈ ftf future lkIng [jeCts at our5ite in G05Ptyt. The Churth Growth ind Vion Fund represents funds raised penoditAlly tovArds the t£tInd 8rowth of the £htsi£h. These dall0$ are used for resourcing 5pecifir community tAJtreath projert5. for purchasing equiprnent, and for artivilie5 thot facilitate 8rowrh. IOX ol funds raised by each congregation are direrted roward the national growth fund for projeas that impact the Y01e churth faihei than a spetific congregation. The Property Capital Fund iewesents the net book value of the IreePK¥ld woperty less the outstandin8 bank loan ai the Balance Sheet date. The Port5m¢Juth Lotsl Fund is ¥ set 4sKle forthe w8oing and luturede¥elDpment of our PcKtsmouth coft8regabOn. 13 ANALYSS OF NET ET5 BETWEEN FUND5 Re5trlrted funds Unrestrlrted fvnds TOTAL 2022 Yeorended31 Morch 2022 Tangible fixed assets Cwrent assets 638,752 442,618 127,1891 1344.0711 710,110 638.752 808.159 127,1891 1344.0711 1.075,651 365541 long terrn liabilitie5 365,541
EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOU14TS FOR THE YEAR ENDED 31 MARCH 2022 13 ANALY%SOF NET ASSETS 8£EN FUN05 Icominuedl Unrestrkted TOTAL 2021 funds Y¢areftd¢d31 Morch2021 Tan8ibl¢ fixed assets Current assets Current li4knlities Long term liabdrties 670.34S 566,770 125.1461 1353.4791 85B,4XI 670.34S gXl.535 125.1461 1353.4791 1,192.255 333.765 333.765 14 OPERATING LEASE COMMITMENT5 The company has cMitMeNts under operatiry I&e5 whith fal due as follows". 2022 2021 Within one year After more than one year 2079 122,759 142,838 37.6S9 143.603 181.262 PENSION COMMITMENTS The company operaies a defined Contributi penston xheme on behalf af tertaih employees. The assets of the scheme are held separately from tlwJ* of the company in an independently administered fund. The total pension ¢0# during the year was £15.64012021- £14.3841. 16 RELATED PARTYTllANION5 OurbnB the year. the charrty made drationS totsllin8 £3.61XI12021.. £3,175 for two ¢hildrenl to support the mission work and study ol one of Andy Elmes, thildren. During the year. payments iotalling £3.CW12021: £3.LJXII were also rnade to Gre•r Bi8 Life to support their work. a company of whith Andy ElrnÈs is a dirertLY. OurinE the year, the charity made donati$ totalline £IU12 12021.. £5.iXXII to Stella'5 ve. ¥ UK re8lStered ¢harity of which W KeepinL director. is an employee. Durin8 the year. payments totsllin8 £4.125 12021.. £3.7501 were also made to W Keepin8's daughter. who works as a rnisstc4iary th Stdla's vOt in Mcldova. Nty other expenses are paid to trustees. exdUd1 the reimbursement of costs paid ¢yrt yrsonalfy on behalf of the charlty.
EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 17 PRIOR YEAR STATEMENT OF FINANCIALAcnvmES TOTAL knds fund5 Note5 INCOME Donatiws and legacies Tradir¥ incorne Investment income Other income- OAS 334.094 896.352 7.992 232 24.945 1.230.446 7.992 232 24.94S TOTAL INCOME zi 1263.615 EXPENOITURE Chotablettl¥IrAes 793.620 1.076.288 TOTAL EXPENDITU 793,620 076288 NET INCOMVIEXPENDmiftEI FOR YEAR SL426 187,327 Transfers between funds 112.tsXII 12.(OJ NEf MOVEMENTIN FUNOS 3YA26 I47.1 187.a27 Fund balances * i April 2020 291.339 710.589 I,l)J4,928 FUP40 lAN AT 31 MARCH IOU 333.765 s58Al 1.192.255 The Statement of Financial Actmties indudes all 8ains and losses in the year.
EMPOWER GLOBAL (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 18 PRIOR YEAR FUND MOVEMÉNrs RERICTED FUNDS Balance at l Aprll 2020 Inco Expendltwe TraD5fv5 31 March 2021 Byildtng5 and Facilitie5 building Fund Chyrch Growth and Ifisiofi Fund Missions Farnity Churrh Misyons Fund Mission Trips Commurtity Projects Caring Hands Baby Basics C¢mmunityfunday Barclays COVIO project Project5 for Young People Momentum Supporting Family Church People Widows Fund Ladie5 ministry Mens ministry Leadership Events Empower Conference Ernpower Bible Academy Love Portsmouth (Jesusl Etemity Church Vision Fund Jacob's Well Vision Fund 207.441 48.116 12.9491 1375411 205,492 4S.851 35.276 3.451 2326 s36 2.3+ 145.7271 11.0221 10.730 3.694 2.915 61.602 $6.166 2.925 IC(1.258 149,4951 127.3991 (S,1) 178,?041 15.102 28.767 3.941 9.554 6.917 112.CWI IL7911 1.736 174SI 991 18731 1.196 L188 12.1761 1113631 15751 3,425 138 IB.1381 669 16691 1282,6681 294.339 334,094 I12.1j> 333.765 UNAESTRICTED FUNDS At I l•ril At 31 M•r¢h 2021 Transferol funds Guddford rebrahding Guildford office & ywth refurbishment EST 1825 (Guildfordl Bridgemary Building Fund Portsmouth Budding Fund Guildford COmffl1ty Church Café GCC Fund Chufch Growth and Vision Fund Property capital lund Total designated lund5 General fuNSs 1.014 1.193 14.730 63.291 13.IM) 112.SCIJ SI8 11.0141 11.1931 114.7301 118.2911 45,(#JO 13,1XlO 112.600 51,848 18,291 264.963 505.702 352.788 IB.291 29.232 12.295 12951 12.OOD 271.613 529,289 181.3tyJ 710589 135.8821 135.8821 1757,7381 1793,6201 929.521 Total unrestficted fvTrJ5 929.521 858,490