OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

LIFEWELL CHURCH

______

REPORT AND ACCOUNTS FOR THE YEAR ENDING 31[ST] DECEMBER 2022

_______

C Management Services 69 Velindre Road Whitchurch Cardiff CF14 2TF

LIFEWELL CHURCH

FOR THE YEAR ENDED 31[ST] DECEMBER 2022 CHARITY INFORMATION

Trustees: Michael Ellens Simon Moores Christopher Screen Brian Farr Ruth James Charitable position: Registered Charity number 1072721 Registered on 2/12/98 Governing Document: Constitution last amended 22/9/13 Address for correspondence: Lifewell Church Pentremalwed Road Morriston Swansea SA6 7BP Independent Examiner: Paul Burnell ACMI C Management Services 69 Velindre Road CARDIFF CF14 2TF Bankers: Barclays Bank 70 The Kingsway Swansea SA1 5JB

CONTENTS
Page
Charity Information 2
Trustees Report 3-6
Independent Examiners Report 7
Statement of Financial Activities 8
Statement of Assets and Liabilities 9
Notes to the Accounts 10

2

LIFEWELL CHURCH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[ST] DECEMBER 2022

The Trustees have pleasure in submitting the Report and Accounts for the period ended 31[st ] December 2022.

Structure, Governance and Management

At Lifewell church we are committed to serving God and our community, to make a difference through experiencing & sharing the love of God.

This is made possible through the

Lifewell Church is led by the Church Council which consists of the Senior Minister (Pastor) & Church Officers/Trustees, who direct, oversee and manage the ministries, property, funds and activities at Lifewell Church ensuring that what we do is done within Biblical and Legal guidelines and good practice.

Lifewell Church Is part of the Assemblies of God network of churches and is a member of the Evangelical Alliance.

Objectives

Our chief objective is to be the church that God wants us to be and that our world needs us to be, which is described in our constitution as follows

1 - To advance the Christian faith in accordance with the statement (AOG statement of faith) in such ways and in such parts of the United Kingdom or the world as the Church council from time to time may think fit.

2 - To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such parts of the United Kingdom or the world as the Church council from time to time may think fit.

3 - To advance education in such ways and in such parts of the United Kingdom or the world as the church council from time to time may think fit.

3

Achievements and Activities

For nearly 100 years Lifewell Church (Previously known as Pentremalwed Church), has consistently sought to serve God and the local community, through Church services, children’s and youth events, and various other events, to serve our community and to help people connect with God as the people and community that God created us to be.

We started 2022 with our vision verse, “seek first his kingdom and his righteousness, and all these things will be given to you as well.” (Matthew 6:33 NIV) sensing God’s call for us to focus on rebuilding after the negative effects of the pandemic and the cost of living crisis.

Sunday service and the kids/youth club continued and there was a sense throughout the year that some of the momentum that had been lost through the lockdowns was starting to return.

As part of the rebuilding, we ran the ‘Passion for life’ course, which started with a focus on making meaningful connections and included the importance of sharing faith with others, and it was enjoyed by all who attended.

We also held a number of fellowship meals to strengthen relationships in the church and to discuss plans for our 100[th] celebration in 2023, which brought some focus and vision for the future of Lifewell church.

Our Tuesday night Lifegroup, got back to in person meeting. We enjoy fellowship together, including prayer, praise & Bible study. The group has grown in number, relationship & confidence.

For both the Sunday service and the Lifegroup, we continue to provide a zoom link for those unable to attend. Which, has proved to be useful for those who are ill or away from home and still want to connect. We also continue to provide online videos via our website and YouTube for those who are unable to attend or connect via zoom, or just want to explore faith from a distance.

We continue to give to the organisations that we support, but, due to lack of team available during the day, our toddler group remains unable to reopen.

In addition to the weekly services, we have held a number of special events including our Light Party (Halloween alternative), Christmas concert & Party. And once again, our children and Young people have been amazing.

And so having stepped out of the ‘Pregnant Pause’, we are believing for great things ahead –looking forward to what God has in store. He is speaking and shaping things for the next chapter, one we are believing to be of new life and laughter.

So we say A big thank you to all who continue to journey with us, supporting and giving throughout the year.

4

Performance & Goals

Our overarching goal is ‘TO BE A PLACE OF REFRESHING WHERE ALL CAN EXPERIENCE, ENJOY & SHARE The LIFE & LOVE found in JESUS!!! For JESUS SAID “Whoever drinks the water I give him will never thirst. Indeed, the water I give him will become in him a spring of water welling up to eternal life”. John 4:14 [NIV]

We want to be a growing family of passionate disciples of Christ and a real and relevant expression of God’s church who love God, love life, love others and live worship. Reaching the lost one person at a time, through teaching and learning, prayer, worship, fellowship, service, and outreach. As individuals, as small groups, as a congregation (Church).

Building the future in the here and now. To see People:>Know God, Find Freedom, Discover Purpose & Make a Difference.

Transformed by the love of God

Grow in Relationship with God & Others

Discipled to follow Jesus into Action

Financial Review

All funds and property received and administered by Lifewell Church are entrusted to us by God, through the faithful financial support of Lifewell members and friends. Responsibility for the stewardship and use of funds and property rests with the team of trustees. Who oversee and manage Lifewell Church finances through the following practices:-

While the effects of the pandemic has highlighted a financial pressure for the long term, we are believing and working to see a turn around over the year ahead.

Risk Management

We recognise that working in an ever-changing climate of society, there are risks. Situations may arise that could threaten and even halt our future ability to function as a church/charity and therefore affect our ability to meet the needs of beneficiaries. From a point of view of both our Christian responsibility and in compliance with Charity Law, it is important that we understand, limit and manage the risks that we could encounter as we undertake various activities including discipleship, mission and evangelism.

The Trustees are responsible for identifying, assessing, and managing the risks that Lifewell Church could face, in all areas including, finance, Governance, operation and reputation. The Trustees annually allocate time to identify, record & review the risks that

5

we could encounter and separately when new ventures, activities or opportunities are being considered and/or as risks arise or are identified.

The Trustees work in this area has developed a Risk Management policy & Assessment along with other policies and documents as deemed beneficial to mitigate identified risks with regards to (for example) :-

Paul Burnell was appointed as our Independent Examiner for this year’s accounts.

Signature:

Name: Christopher Screen

Date: 18[th] October 2023

Position: Pastor and Trustee

6

INDEPENDENT EXAMINERS REPORT

TO THE TRUSTEES OF

LIFEWELL CHURCH

I report on the accounts of the Trust for the period ended 31[st] December 2022, which are set out on pages 8 to 10.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given 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 you as 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 examiner's statement

In connection with my examination, no material matters have come to my attention which gives me reasonable cause to believe that in any material respect:

I 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 be reached.

Paul Burnell

Paul Burnell ACMI

For and on behalf of:

C Management Services (trading name of C Mgmnt Services Ltd) 69 Velindre Road

Cardiff CF14 2TF

Date: 18[th] October 2023

7

LIFEWELL CHURCH

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31[st] DECEMBER 2022

Note
RECEIPTS
Receipts from generated funds
2
Receipts from charitable activities
3
Other receipts
4
Interest received
Total Receipts
PAYMENTS
Charitable activities
5
Governance costs
Total payments
Net Receipts/(Payments)
Transfers between funds
Fund balances at 1st January 2022
Fund balances at 31st December 2022		 Unrestricted
Funds
£
Restricted
Funds
£
Total
Funds
2022
£
26,403
-
26,403
-
-
-
-
-
-
17
-
17
26,420
-
26,420
27,192
-
27,192
-
-
-
27,192
-
27,192
(772)
-
(772)
-
-
-
23,447
-
23,447
22,675
-
22,675

The notes on page 10 form part of these accounts.

8

LIFEWELL CHURCH

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31[ST] DECEMBER 2022

1. Fixed Assets

Insurance
Value 2022
£
The value of assets owned are:
Buildings 893,187
Equipment 33,825
927,012
2. Bank & Cash Balances
2022
£
Cash at bank and in hand 22,675
22,675
3. Other Assets and Liabilities
2022
£
Assets
Gift aid tax recovery not yet received 2,173
Liabilities
Unbilled fee for Independent Examination 150

The accounts were approved by the Trustees and signed on their behalf on 18[th] October 2023 by Christopher Screen

Signature:

The notes on page 10 form part of these accounts.

9

LIFEWELL CHURCH

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31[ST] DECEMBER 2022

1. Accounting Policies

The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities

2. Voluntary receipts
Gift Aid Donations
Other donations
Gift Aid reclaimed
3. Receipts from charitable activities
Conferences and events
4. Other Receipts
Grant received
Other sundry receipts
5. Charitable activities
a. Direct Charitable Costs
Salaries & staff expenses
Speaker expenses
Mission giving
Ministry expenses
b. Support and Administration
Premises expenses
Hospitality & subscriptions
Insurance
Admin		 Unrestricted
Funds
£
Restricted
Funds
£
Total
2022
£
14,835
7,547
4,021
-
-
-
14,835
7,547
4,021
26,403
-
26,403
-
-
-
Unrestricted
Funds
£
Restricted
Funds
£
Total
2022
£
-
-
-
-
-
-
-
-
-
Unrestricted
Funds
£
Restricted
Funds
£
Total
2022
£
19,046
100
2,300
255
-
-
-
-
19,046
100
2,300
255
21,701
-
21,701
2,428
-
2,428
2,263
-
2,263
800
-
800
-
-
-
5,491
-
5,491

6. Staff and Trustees

The charity has one full-time employed members of staff, Chris Screen, who is paid in his capacity as the Pastor of the church and he is also a Trustee. Its activities are generally carried out by volunteers. No staff received salaries at a rate of more than £60,000 per annum.

No remuneration or trustee expenses were paid to any other trustee during the year, nor to any person connected to them.

10