2021-06-30-accounts - Word Of Life Church (Poole)

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Contents		Page
Independent Examiners	Report	1%2
Trustees Report		3to 11
Statement of Financial	Activities
Balance Sheet		13
Note to the Accounts		14to 19

Charity Number	1075775
Principal Address	17Kingland Road,
	Poole, Dorset
	BH15 1SH
Trustees:	Stephen Martin
	David Hulbert
	Kelvin Papp
	John Browning
Accountants:	Newton Magnus
	Arrowsmith Court
	Station Approach
	Broadstone, Dorset	BH18 BAT
Bankers:	NatWest
	7West Borough
	Wimborne, Dorset
	BH21 1PR

Trustees		Forthe ongoing	running	ofthe charity
Pastors		For the ongoing	vision,	direction and discipline
		ofthe Church.	Headed	by the Senior Pastor.
Ministry	team	Forthe ongoing	running	ofdepartments

Forthe yea	r e	nded 30June 2	021
						2021	2020
				f	f	E	f
			note	Unrestricted	Restricted	Total	Tata I
				Fund	Fund	for year	for year
Income from:
Donations	and	legacies		152,307		152,307	121,972
Charitable	activities			8,007		8,007	11,307
Investments							7
Other trading		activities		10		10	79
Total				160,324		160,324	133,365
Expenditure	on:		12
Charitable	activities			75,305		75,305	72,088
Other				62,438		62,438	60,639
Total				137,743		137,743	132,727
Net movement		on funds		22,581		22,581	638
Reconciliation		offunds;
Total funds	brought forward			8,598		8,598	7,960
Transfer of	funds
Total funds	carried forward			31,179		31,179	8,598

				2021	2020
			note	f	E
Tangible Fixed Assets			2	1,215	1,459
Current Assets
Cash at bank:-
	General account			38,070	15,703
	Business Reserve account			4,562	4,082
Other debtors:-
	Sundry debtor			221
				42,853	19,785
Creditors: amounts		falling due within one year		12,889	12,646
Net Current Assets				29,964	7,139
Net Assets				631,179	68,598
Represented by:
General fund (unrestricted)				31,179	8,598
Closing balance				631,179	E8,598
Approved by the	Trustees on
and signed on their		behalf
					5J Martin
					Chairman

No	tes to accounts for the year ended 30June	2021
1.	Accounting Policies
	Basisofpreparaton
	The accounts have been prepared on the	historical cost basis in	accordance		with The
	Charities SORP (FRS102),accounting standards and the Charities		Act	2011.
	The accounts have been prepared on a going concern basis as the Trustee's				have no uncertanties	about the
	charity's ability to continue.
	The presentation currency ofthe financial	statements is the Pound Sterling			(E)
	Tangible fixed assets
	Tangible fixed assets are included at cost
	Depreciation rates charged
	-Computer equipment	25% on the reducing	balance basis
	-Fixtures, fittings and equipment	2SS(on the reducing	balance basis
	-Lease	6.67' on cost
	Pension scheme
	The charity operates a defined contribution	pension scheme. Contributions			payable tothe
	company's pension scheme are chared to	the Statement of Financial		Activities in the
	period to which they relate.
	Recognition ofincoming resources
	Incoming resources are recognised in the Statement of Financial		Activities when the charity is
	legally entitled tothe income and the amount can be quantified		with	reasonable accuracy.
	Recognition ofinvestment income
	Investment income is included in the accounts when receivable.
	Recognition ofresources expended
	Resources expended are recognised in the	Statement of Financial Activities when a
	liability is incurred.
	Current assets - cash at bank and in hand
	Cash at bank and in hand is held to meet the day to day running		costs	ofthe	charity asthey fall due.
	Creditors
	Creditors are the amounts owed by they company. They are measured			at the amount the charity
	expected to have to pay.
	Recogniton ofdonated assets
	Donated services or assets are recognised	only when material and when the			Charity has control over them.
	On receipt they are valued on the basis ofthe amount the Charity would be				willing to pay for the	donated
	Fund accounting
	Unrestricted funds are available to spend on activities that further any ofthe purposes ofthe Charity. Designated funds are funds ofthe Charity which the trustees have set aside at their descretion						for a
	specific purpose. Restricted funds are donations which the donor		has	specified are to be solely used for			a

2. Tangible Fixed Assets
	Computer	Fixtures, Fittings	Lease	Total
	f	and Equipment 6	f	E
Cost
At 1July 2019	500	13,281	1,803	15,584
At 30June 2020	500	13,281	1,803	15,584
Depreciation
At 1July 2019	472	12,813	840	14,125
Charge for the year	7	117	120	244
At 30June 2020	479	12,930	960	14,369
Net Book Value
At 30June 2021	21	351	843	1,215
At 30June 2020	28	468	963	1,459

3.Creditors: amounts	2021	2020
	E	f
Sundry creditors	10,838	6,982
Social security and other taxes	2,051	5,664
	12,889	12,646

During the year no trustees re	During the year no trustees re	ceived any expenses or were reimbursed for expenses	ceived any expenses or were reimbursed for expenses	(2020:Nil
Mr 5J Martin was paid for his		services as a pastor, E36,750(2020:f32,650)
5. Staff Costs			2021	2020
			E	f
Gross salary			25,000	25,000
Employers National Insurance		—covered by employers	allowance
Pension -employee and employer costs			1,750	1,753
Average number ofstaff			1	1
Pastoral Services (Mr SJ Martin)
Services and expenses			36,750	32,650
6. Accountancy Services			2021	2020
			E	f
Independent examination	costs		720	500
Accountancy services			720	700
Adjustment for earlier year understated			420
			1,860	1,200

	01July f	01July f	2020	Income f	Expenses f	Transfers f	30	June f	2021
Unrestricted	funds
General fund			8,598	160,324	(137,743)				31,179
			8,598	160,324	(137,743)				31,179
Prior year
	01July f		2019	Income f	Expenses f	Transfers f	30	June f	2020
Unrestricted	funds
General fund			7,960	133,365	(132,727)				8,598
			7,960	133,365	(132,727)				8,598
8.Analysis ofnet assets between		funds
			2021				2020
	Un-restricted			Restricted		Un-restricted	Restricted
			f			f
Fixed assets			1,215			1,459
Cash at bank			42,853			19,785
Other creditors			(12,889)			(12,646)
			31,179			8,598
9.Rent due on property lease
					2021f	2020f
Rent due under one year					43,000	43,000
Rent due one to five years					172,000	172,000
Rent due after five years					43,000	86,000

11.Analysis	ofincoming resources	ofincoming resources	ofincoming resources	ofincoming resources
								2021	2020
						E	E	f	f
						General	Restricted	Total	Total
						Fund	Fund	for year	for year
						(unrestricted)
Donations						152,307		152,307	121,972
Bank interest		received							7
Miscellaneous		income				8,007		8,007	11,307
Sale ofbooks		and tapes				10		10	79
Total incoming resources						160,324		160,324	133,365
12.Analysis	ofresources expended							2021	2020
						E	E	E	E
						General	Restricted	Total	Total
						Fund	Fund	for year	foryear
						(unrestricted)
Direct charitable expenditure
		Pastoral services and		expenses		36,750		36,750	32,650
		Wages				25,000		25,000	25,000
		Pension (employees		and employers	contribu	1,750		1,750	1,753
	Visiting minister		expenses			80		80	59
	Youth and children					726		726	532
	Tithes and gifts					2,530		2,530	2,722
		Mission givings				4,540		4,540	3,818
		Music expenses				1,359		1,359	1,008
		Events and groups				269		269	1,007
		Coffee shop refreshments				258		258	1,698
		Miscellaneous				1,003		1,003	644
		Purchase ofbooks and tapes							208
		Depreciation				244		244	285
		Congregational	insurance			796		796	704
Total direct charitable expenditure						75,305		75,305	72,088

Notes for th	e year ended 30	June 202	1- continued
						2021	2020
				E	f	f
				General	Restricted	Total	Total
				Fund	Fund	for year	for year
				(unrestricted)
Management	&administration	costs
	Office costs			6,810		6,810	6,278
	Accountancy			1,860		1,860	1,200
	HMRC interest			329		329
Establishment	costs
	Rent			43,000		43,000	43,000
	Rent accrual not	provided	previous years	827		827
	Rates and water			2,702		2,702	2,888
	TV licence			157		157	154
	Light and heat			4,432		4,432	5,627
	Repairs			2,211		2,211	1,468
Building costs
	General building	expenses		110		110	24
				62,438		62,438	60,639