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2022-03-31-accounts

Trustees Annual Review

Charity Name: The Wave Registration number: 1064319 Trustees:

John Young 34 Privett Road, Gosport, Hants. PO123SU Graham Powell 31 Seacrest Road, Lee-on-Solent, Hants.PO138HH Anna Mellers 36 Privett Road, Gosport, Hants. PO123SU

Activities and objectives

The Wave was known as Lee Community Church and used to meet in Lee-on-Solent. We now meet in Gosport, as we felt after prayer that we should move. It is a new era and many things have changed. We looked for a building, without success at first, but then were offered the use of two buildings used by other churches we are in connection with. We meet in one on a Sunday morning and the other the following Sunday evening. It feels like this is the right thing at present as we want to connect with other churches and be a mutual support. There is strength in unity as well as God’s blessing.

We have been running a Food Bank for several years, going out weekly to the community to deliver food. We have just recently stopped this as we feel it is time to close and a number of other food banks are available locally.

Some of our congregation are people with mental health problems and special needs. We feel we offer a support to them, particularly during a difficult time nationally.

We are also running an Alpha Course which is reaching a variety of people, some with mental health issues. We believe that pointing people to Jesus this way and running a church which deliberately shows love and care to all is a way of giving real community support.

We partner with one of the other churches to offer prayer for those who would like it on the streets and in the building.

As a church we focus on providing meetings where the presence of God is the most important thing and people come to meet Him and receive healing and hope.

We also have a church member who works in Kenya for, “To Kenya With Love” and has been instrumental in building and opening a school there. We support a couple of the students at the school financially so that they can complete their education.

Structure

We have a couple who take the Senior Leadership role and other support leaders. However, we see each member as important as the next, no matter what their role (including leadership.) We disagree with a heavy authoritarian leadership, although leaders should be honoured and trusted in their role.

Trustees are normally recruited from church members and are therefore well known and trusted.

Finances

We have a steady flow of income from our members that enables us to support our church member in Kenya and to help others closer to home. We have a reserve account which is a buffer for the current account so that if funds drop we can transfer over an amount to support the work we do. If the current account is growing then occasionally funds are transferred to the reserve. The original plan was to use the reserve funds (when large enough) to buy or rent premises. That is a possible long-term plan, however, we can use it to support people in need, which may be necessary in the present economic climate.

The Wab• Recei tsand ents accounts CC16a For tho period To 01.04 2021 3103 2022 Section A Receipts and payments Unro8trict•d funds fund8 funds Tolal fund• Lastyogr A1 Re￿1 ts Tthes Events OffenrKJglG Interest sOZOILebs#￿IHOjEF IldiThJ Fund Y¢)u F18h 21.367 21J07 26,479 1.022 2.e67 13.749 AR) 25AB1 Totsl rn¢dpts Pa Fish Wage8 rknnation¥Giftg Property Costs Adfflinislraknon Co#tsiTr*)slw Event Cests orcosts 12.335 12.33J 2,OS2 12,J04 1,197 1.104 1.847 1,647 Y¢y s0zo￿8￿ 12LS 21 26,832 Sub total 21.W 21M04 A4 A•8et and 1n¥￿tM•nt Sub total 21,804 21.804 28,532 Net of recelpts/(paym•nts) A5 Trdnslers between funds A6 Cash funds last year end Cash funds thls year end 3,577 14,724 37, 37,564 33,987 CCXX Rl w)unts ISSI 03111r2022

Section B Statement of assets and liabilities at the end of the period Unrestricted funts to n8arost£ Re¥tricted funds to rrst£ Endowmènt fijnds to nvwt£ .Ji'.yvi Iw B1 Cuh fund8 27.S75 Fi¥h 1733 1039 Total cash funds 37.851 Unregtrlcted Restrlct•d fund$ to ￿T•ll£ Endowm•nt funds Details to n••r••t£ to Dètslls Ct•¢l¢pUon41 Cyrrwrt vjlug B3 Invo•tm•nt •••Ot• Fund to whkh Cmt Cummtvlu• nal Details B4 A8•et8 retslned tor th• Cha￿ty,8 own u ri1- Amount ( Whon du Details BS LiabilitiOB Syned by one orts￿ trustees on b8haifof all th8 trus1888 Date of roval Snatwe Print Name CCM R2 acwunts ISSI 0311112022