## **WORD OF LIFE CHURCH (POOLE)** 

**Registered Charity No. 1075775** 

**Unaudited Financial Statements For the year ended 30 June 2022** 

**NEWTON MAGNUS Chartered Certified Accountants** 

Arrowsmith Court Station Approach Broadstone Dorset BH18 8AT 



## **WORD OF LIFE CHURCH (POOLE)** 

**Unaudited Financial Statements For the year ended 30 June 2022** 

|**Contents**|**Page**|
|---|---|
|Independent Examiners Report|1 & 2|
|Trustees Report|3 to 11|
|Statement of Financial Activities|12|
|Balance Sheet|13|
|Note to the Accounts|14 to 19|





## **WORD OF LIFE CHURCH (POOLE)** 

## **Independent Examiner’s Report to the Trustees of** 

## **The Word of Life Church (Poole)** 

I report on the accounts of the Church for the year ended 30 June 2022, which are set out on pages 3 to 19. 

## **Respective Responsibilities to 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 and that an independent examination is needed. 

It is my responsibility to: 

- examine the accounts under section 145 of the Charities Act 2011; 

- to follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)b; and 

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

## **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 

page 1 



WORD OF UFE CHURCH (POOLE)
Independent Examlnerfs Report to the Trustees ot
The Word of Life Church (Poole)- continued
Independent Examlnerfs Statement
In connection with my examination, no matter has come to my attentlon.
whlch gtves me a reasonable cause to believe that in any material respect the
requlrements:
to keep accountlng records in accordance wtth sectlon 130 of the Charltles Act
2011; 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
b) to whlch, In my oplnlon. attentlon should be drawn In order to enable a proper
understanding of the accounts to be reached.
C Dunn FCCA
NEwfoN MAGNUS
Chartered Certlfied Accountants
Arrowsmith Court
Station Approach
Broadstone
Dorset BH18 8AT
Date:
page 2

## **WORD OF LIFE CHURCH (POOLE)** 

**Trustees Report For the year ended 30 June 2022** 

## **Legal and administrative information** 

Charity Number 1075775 Principal Address 17 Kingland Road, Poole, Dorset BH15 1SH Trustees: Stephen Martin David Hulbert Kelvin Papp Accountants: Newton Magnus Arrowsmith Court Station Approach Broadstone, Dorset  BH18 8AT Bankers: NatWest 7 West Borough Wimborne, Dorset BH21 1PR 

page 3 



## **WORD OF LIFE CHURCH (POOLE)** 

**Trustees Report For the year ended 30 June 2022** 

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ending 30 June 2022. 

The financial statements comply with the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice. 

The trustees who served during the year were: 

Stephen Martin David Hulbert Kelvin Papp 

## **Objectives and Activities** 

## _Summary of Objectives_ 

- 1 The advancement of the Christian Faith. 

- 2 The holding of meetings of Christian Worship. 

- 3 The provision for and assistance and support of missionaries and Christian workers. 

- 4 The publishing, printing and distribution of Christian literature. 

- 5 The relief of people in special need. 

- 6 The provision of establishments and facilities in respect of Christian education, children’s nurseries, book/gift shops and coffee shops. 

## _Objectives for the Year_ 

The Church’s objectives for the year were to see people of all ages, background, race and culture brought to faith in Jesus Christ and regularly attend Church activities through personal contact, advertising and community initiatives. 

page 4 



## **WORD OF LIFE CHURCH (POOLE)** 

**Trustees Report For the year ended 30 June 2022** 

## Continued …. 

## Covid 19: 

As government guidelines permitted, the church was able to resume most services, meetings and activities in person on the church premises. 

## _Significant activities for achieving objectives_ 

The church holds services of Christian worship on Sunday morning and Wednesday evening. Other activities include numerous children’s and young people’s programs and community projects in the local area. 

## _Public benefit, objectives and activities_ 

The trustees have given due regard to public benefit when planning the charity’s activities, in accordance with Charity Commission’s general guidance on public benefit (January 2008). The paragraphs above and below set out the charities activities, achievements and performance during the year, which are directly related to the objects and purposes which the charity exists. 

The Charity achieves its principal objects and purposes through: 

- high quality public worship, 

- pastoral care and support of those in need, 

- youth activities, 

- community based projects. 

## _Grant making policies_ 

Grants are made to individuals and organisations based on the following criteria: 

- Mission organisations and ministries personally known to the Church and are accountable for the work they do, including child sponsorship programmes. 

- Organisation in the local area known to be in need of extra support such as women’s refuges and teenage pregnancy support. 

- Individuals within the Church community in need of financial assistance through hardship, distress or sickness. 

page 5 



## **WORD OF LIFE CHURCH (POOLE)** 

## **Trustees Report For the year ended 30 June 2022** 

Continued …. 

## _Use of volunteers_ 

Word of Life Church believes in giving people of all abilities the opportunity to serve in the Church in order to give them a sense of purpose and belonging. Most of the Church activities relies on volunteers giving their time and recourses. 

## _Risk_ 

The trustees actively review the major risks facing the Charity on a regular basis. 

## **Achievements and Performances** 

## _Review of Charitable Activities_ 

The Church has continued to achieve its objectives through Sunday and Mid-Week Meetings of Christian Worship and Teaching, Children’s holiday clubs and Youth Activities, various Outreach Events, Community based initiatives (including a used clothing store and mother and baby support, bible college and social events). 

## _Music_ 

Music continues to play a big part in the life of the Church. The band provides opportunity for individuals to play together in a contemporary worship environment. New musicians and vocalists have joined. 

Music workshops are in operation enabling children and adults to have vocal training and to learn an instrument. 

The band continues to play and perform a variety of styles for social events. 

page 6 



## **WORD OF LIFE CHURCH (POOLE)** 

## **Trustees Report For the year ended 30 June 2022** 

Continued …. 

## **Structure, Governance and Management** 

## _Constitution_ 

The Charity is constituted and governed by the terms of the Trust Deed executed on the 24th April 1999. It was resolved to constitute a Trust for charitable objects. 

## _Appointment of Trustees_ 

Recruitment of new trustees is from within the existing Church membership or someone with the suitable skills who is in leadership in a similar Church. 

The existing trustees discuss any nominations for new trustees. Once approached, the potential new trustee is given a letter of invitation and a period of time, set by the trustees to consider the invitation. On acceptance of the position the new trustee is inducted at the next trustee’s meeting where all necessary information is given and relevant security checks are made. At this meeting, the appointment of the new trustee is minuted, and signed by all trustees as evidence of the appointment. 

## _Organisational Structure_ 

|Trustees|For the ongoing running of the charity|
|---|---|
|Pastors|For the ongoing vision, direction and discipline|
||of the Church.  Headed by the Senior Pastor.|
|Ministry team|For the ongoing running of departments|



## _Related Parties_ 

There were no transactions between the charity and related parties during the year other than administrative salary paid to Mrs SB Martin and a pastoral costs to Mr SJ Martin. 

page 7 



## **WORD OF LIFE CHURCH (POOLE)** 

## **Trustees Report For the year ended 30 June 2022** 

Continued …. 

## _Community_ 

The Church outreach events are always ongoing and are regularly hosted by the Church for local people in the form of meals and social events. Sunday Mornings Teams go out with hot drinks into the locality to give away and chat to people and help wherever they can. 

The Coffee Bar is always open when the Church is open. 

## _Parents and Young Children_ 

Stay and Play Drop in/Play Café is held in the Church coffee bar on a weekly basis during term times and serves the community and parents of young pre-school children. 

## _Students_ 

Due to the church’s proximity to the hospital and student accommodation, the Church is easily accessible for students from the hospital and college/university. Students are able to be involved in the life of the church and receive support in a variety of ways. 

## _Community Support_ 

The Church continues to support the needs of the community, however it can and is in regular touch with a variety of causes. 

## _Rough Sleepers_ 

Due to the Church’s town centre location, the Church continues to give support by means of food and clothing and hot drinks. 

Although rough sleepers are encouraged to contact a more specialised town centre charity. 

page 8 



## **WORD OF LIFE CHURCH (POOLE)** 

**Trustees Report For the year ended 30 June 2022** 

Continued …. 

## _Training_ 

Ongoing training is undertaken in the music department with instruments, sound engineering and media. 

Training is continually given to encourage members to be involved in activities in the Church and the community. 

For example, we run a coffee bar, which has enabled some Church members to train in operating as a Coffee Shop Barista. 

## _Calendar_ 

The Church calendar has continued to be full, particularly at Christmas and Easter, when gifts, hampers and Easter eggs are provided for children and those with special needs. Mothers and Fathers were honoured on their respected days with special services where gifts are given. 

The Church has hosted events including an annual “all nations Sunday” to celebrate the diversity of different nationalities and cultures represented in the Church. 

## _Church Membership_ 

Again the Church membership has continued to grow with people of all ages and nationalities; this has been mainly due to personal invitation and the outreach events hosted by the Church. 

A number of families have had babies during the year resulting in some baby dedication services. 

Service of Believers Baptisms have been conducted. 

## _Church Building_ 

The church is regularly let to other groups and organisations from the local community which provides both a service to the local community and additional revenue for the Church. 

page 9 



## **WORD OF LIFE CHURCH (POOLE)** 

## **Trustees Report For the year ended 30 June 2022** 

Continued …. 

## _International_ 

The Church has continued to help internationals, who have moved into the area from overseas, to acclimatise to their new environment. The Church has had a particular influence in the lives of international students attending local language schools and medical students posted at the local hospital. 

## **Financial Review** 

## _Reserves_ 

The Charity’s policy is to pursue its objectives to the best of its ability whilst retaining sufficient reserves on general fund to ensure existence of the Church for its members. At the year end the Charity held £22,605 in un-restricted reserves (2021: £31,179). The Charity currently has no restricted funds. 

## _Principle Source of Funding_ 

The principle source of funding is through donations from Church members. 

Expenditure has contributed primarily towards the advancement of the Christian faith. 

## **Statement of Trustees Responsibilities** 

Charity law requires the Church to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its financial activities for that period and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to: 

- a) select suitable accounting policies and then apply then consistently; 

- b) make judgements and estimates that are reasonable and prudent; 

- c) state whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements; and 

Page 10 



WORD OF LIFE CHURCH (POOLE)
Trustees Report
For the year ended 30 June 2022
prepa￿ the financial statements on the golng concern basis unless it is
inappropriate to assume that the charlty wlll contlnue.
The Trustee's are responslble for keeplng proper accountlng records which disclose, with
reasonable accuracy at any time, the financial position of the charlty, and to enable them to
ensure that the flnanclal statements comply wlth the Charltles Act 2011. They are also
responsible for safeguarding the assets of the charity and hence for taklng reasonable steps
for the prevention and detection of fraud or other Irregularltles.
Declaration
The Trustees declare that they have approved the Trustees, report above.
Signed on behalf of the charltvs trustees.
Slgnaturelsl...,...........
Full name(sl Stephen J Martin
Position Pastor/Trustee
Date .
i ? Loz1
page 11

## **WORD OF LIFE CHURCH (POOLE)** 

## **Statement of Financial Activities For the year ended 30 June 2022** 

|||||**2022**|**2021**|
|---|---|---|---|---|---|
|||£|£|**£**|**£**|
||note|Unrestricted|Restricted|**Total**|**Total**|
|||Fund|Fund|**for year**|**for year**|
|**Income from:**|11|||||
|Donations and legacies||123,023|-|**123,023**|152,307|
|Charitable activities||9,416|-|**9,416**|8,007|
|Investments||2|-|**2**|-|
|Other trading activities||27|-|**27**|10|
|||______|______|**______**|______|
|**Total**||132,468|-|**132,468**|160,324|
|||______|______|**______**|______|
|**Expenditure on:**|12|||||
|Charitable activities||78,647|-|**78,647**|75,305|
|Other||62,395|-|**62,395**|62,438|
|||______|______|**______**|______|
|**Total**||141,042|-|**141,042**|137,743|
|||______|______|**______**|______|
|**Net movement on funds**||(8,574)|-|**(8,574)**|22,581|
|**Reconciliation of funds;**||______|______|**______**|______|
|Total funds brought forward||31,179||**31,179**|8,598|
|Transfer of funds||-|-|**-**|-|
|||______|______|**______**|______|
|**Total funds carried forward**||22,605|-|**22,605**|31,179|
|||______|______|**______**|______|



page 12 



WORD OF LIFE CHURCH (POOLE)
8818n￿ Sheet asat 30June2022
20ZZ
2021
T3[￿ble Flxed Awets
I,DJ2
1.215
Current Asset5
Cash at bank:.
General ￿cOUnt
Business Reserve account
27.883
5,031
38.070
4,562
Othèr debtors:.
Sundry debtor
221
31914
42,853
Credltors: amountsfalllng due WIt￿n one year
11,311
12,889
Net CurrentAssets
21.603
29.964
Net Assets
£22.605
£31.179
Represented by.
General fund lunrestrirtedl
21605
31,179
Closing balance
£22,605
£31,179
Approvèd by the Trusteeson
4nd slgned on thelr behalf
S J Martin
Trustee
paqe 13

## **WORD OF LIFE CHURCH (POOLE)** 

## **Notes to accounts for the year ended 30 June 2022** 

## **1.  Accounting Policies** 

* **Basis of preparaton** 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 of the financial statements is the Pound Sterling (£) 

* **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 25% on the reducing balance basis - Lease 6.67% on cost * **Pension scheme** The charity operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are chared to the Statement of Financial Activities in the period to which they relate. * **Recognition of incoming resources** Incoming resources are recognised in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. * **Recognition of investment income** Investment income is included in the accounts when receivable. 

* **Recognition of resources 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 of the charity as they 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 of donated 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 of the amount the Charity would be willing to pay for the donated * **Fund accounting** Unrestricted funds are available to spend on activities that further any of the purposes of the Charity. Designated funds are funds of the 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 

page 14 



## **WORD OF LIFE CHURCH (POOLE)** 

## **Notes to accounts for the year ended 30 June 2022** 

## **2.  Tangible Fixed Assets** 

|**2.  Tangible Fixed Assets**|||||
|---|---|---|---|---|
||Computer|Fixtures, Fittings|Lease|Total|
|||and Equipment|||
||£|£|£|£|
|**Cost**|||||
|At 1 July 2019|500|13,281|1,803|15,584|
||______|______|______|______|
|At 30 June 2020|500|13,281|1,803|15,584|
||______|______|______|______|
|**Depreciation**|||||
|At 1 July 2019|479|12,930|960|14,369|
|Charge for the year|5|88|120|213|
||______|______|______|______|
|At 30 June 2020|484|13,018|1,080|14,582|
||______|______|______|______|
|**Net Book Value**|||||
|At 30 June 2022|16|263|723|1,002|
||______|______|______|______|
|At 30 June 2021|21|351|843|1,215|
||______|______|______|______|



page 15 



## **WORD OF LIFE CHURCH (POOLE)** 

## **Notes to accounts for the year ended 30 June 2022** 

|**3. Creditors : amounts falling due within one year**|**2022**|**2021**|
|---|---|---|
||£|£|
|Sundry creditors|10,385|10,838|
|Social security and other taxes|926|2,051|
||______|______|
||11,311|12,889|
||______|______|



## **4.  Trustees Remuneration and Expenses** 

During the year no trustee was paid and remuneration for their duties as a trustee (2021: Nil) During the year no trustees received any expenses or were reimbursed for expenses (2021 : Nil) 

Mr S J Martin was paid for his services as a pastor, £36,250 (2021: £36,750) 

|**5.  Staff Costs**|**2022**|**2021**|
|---|---|---|
||£|£|
|Gross salary|25,000|25,000|
|Employers National Insurance - covered by employers allowance|-|-|
|Pension -employee and employer costs|1,750|1,750|
|Average number of staff|1|1|
|**Pastoral Services (Mr S J Martin)**|||
|Services and expenses|36,250|36,750|
|**6.  Accountancy Services**|**2022**|**2021**|
||£|£|
|Independent examination costs|750|720|
|Accountancy services|750|720|
|Adjustment for earlier year understated|-|420|
||______|______|
||1,500|1,860|
||______|______|



page 16 



## **WORD OF LIFE CHURCH (POOLE)** 

## **Notes to accounts for the year ended 30 June 2022** 

## **7. Movement in funds** 

|**01**|**July**|**2021**|**Income**||**Expenses**|**Transfers**|**30**|**June**|**2022**|
|---|---|---|---|---|---|---|---|---|---|
||£||£||£|£||£||
|**Unrestricted funds**||||||||||
|General fund||31,179|132,468||(141,042)|-|||22,605|
|||______|______||______|______|||______|
|||31,179|132,468||(141,042)|-|||22,605|
|||______|______||______|______|||______|
|**Prior year**||||||||||
|**01**|**July**|**2020**|**Income**||**Expenses**|**Transfers**|**30**|**June**|**2021**|
||£||£||£|£||£||
|Unrestricted funds||||||||||
|General fund||8,598|160,324||(137,743)|-|||31,179|
|||______|______||______|______|||______|
|||8,598|160,324||(137,743)|-|||31,179|
|||______|______||______|______|||______|
|**alysis of net assets between**|**funds**|||||||||
|||**2022**|||||**2021**|||
|**Un-restricted**|||**Restricted**|||**Un-restricted**|**Restricted**|||
|||£||£||£|||£|
|Fixed assets||1,002||-||1,215|||-|
|Cash at bank||42,853||-||42,853|||-|
|Other creditors||(11,311)||-||(12,889)|||-|
|||______|______|||______|||______|
|||32,544||-||31,179|||-|
|||______|______|||______|||______|
|**nt due on property lease**||||||||||
||||||**2022**|**2021**||||
||||||£|£||||
|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||||



## **8. Analysis of net assets between funds** 

## **9. Rent due on property lease** 

## **10. Related party transactions** 

During the year Mrs SB Martin, the wife of the trustee Mr SJ Martin, received a total of £25,000 (2021 £25,000) as a salary for administrative services. Mr SJ Martin was paid for pastoral services  £36,250 (2021: £36,750) 

page 17 



## **WORD OF LIFE CHURCH (POOLE)** 

## **Notes  for the year ended 30 June 2022 - continued** 

## **11. Analysis of incoming resources** 

|**11. Analysis of incoming resources**|||||
|---|---|---|---|---|
||||**2022**|**2021**|
||£|£|£|£|
||General|Restricted|Total|Total|
||Fund|Fund|for year|for year|
||(unrestricted)||||
|Donations|123,023|-|123,023|152,307|
|Bank interest received|2|-|2|-|
|Miscellaneous income|9,416|-|9,416|8,007|
|Sale of books and tapes|27|-|27|10|
||______|______|______|______|
|Total incoming resources|132,468|-|132,468|160,324|
||______|______|______|______|
|**12. Analysis of resources expended**|||**2022**|**2021**|
||£|£|£|£|
||General|Restricted|Total|Total|
||Fund|Fund|for year|for year|
||(unrestricted)||||
|Direct charitable expenditure|||||
|Pastoral services and expenses|36,250|-|36,250|36,750|
|Wages|25,000|-|25,000|25,000|
|Pension (employees and employers contribu|1,750|-|1,750|1,850|
|Visiting minister expenses|66|-|66|80|
|Youth and children|645|-|645|726|
|Tithes and gifts|4,224|-|4,224|2,530|
|Mission givings|4,805|-|4,805|4,540|
|Music expenses|1,508|-|1,508|1,359|
|Events and groups|585|-|585|269|
|Coffee shop refreshments|906|-|906|258|
|Miscellaneous|1,826|-|1,826|1,003|
|Purchase of books and tapes|12|-|12|-|
|Depreciation|213|-|213|244|
|Congregational insurance|857|-|857|796|
||______|______|______|______|
|Total direct charitable expenditure|78,647|-|78,647|75,405|
||______|______|______|______|



page 18 



## **WORD OF LIFE CHURCH (POOLE)** 

**Notes  for the year ended 30 June 2022 - continued** 

||||**2022**|**2021**|
|---|---|---|---|---|
||£|£|£|£|
||General|Restricted|Total|Total|
||Fund|Fund|for year|for year|
||(unrestricted)||||
|Management & administration costs|||||
|Office costs|6,798|-|6,798|6,810|
|Advertising|103|-|103|-|
|Accountancy|1,500|-|1,500|1,860|
|HMRC interest|-|-|-|329|
|Establishment costs|||||
|Rent|43,000|-|43,000|43,000|
|Rent accrual not provided previous years|-|-|-|827|
|Rates and water|4,956|-|4,956|2,702|
|TV licence|159|-|159|157|
|Light and heat|4,711|-|4,711|4,432|
|Repairs|1,168|-|1,168|2,211|
|Building costs|||||
|General building expenses|-|-|-|110|
||______|______|______|______|
||62,395|-|62,395|62,438|
||______|______|______|______|



page 19