DocuSign Envelope ID: D7AA8B79-8D6E-45BD-BE50-13C22E6578C6 Registered Charity No. 1095131 ## **BETTER LIFE ASSEMBLY BIBLEWAY CHURCH** ## **TRUSTEES REPORT AND ACCOUNTS** **FOR THE YEAR ENDED 31 MAY 2022** DocuSign Envelope ID: D7AA8B79-8D6E-45BD-BE50-13C22E6578C6 |BETTER LIFE ASSEMBLY BIBLEWAY CHURCH|| |---|---| |FOR THE YEAR ENDED 31 MAY 2022|| |CONTENTS|| ||Page| |Church information|1| |Report of the Trustees|2 - 3| |Independent Examiners report|4| |Receipts and Payments Account|5| |Statement of Assets and Liabilities|6| |Notes to the financial statements|7 - 8| DocuSign Envelope ID: D7AA8B79-8D6E-45BD-BE50-13C22E6578C6 ## BETTER LIFE ASSEMBLY BIBLEWAY CHURCH FOR THE YEAR ENDED 31 MAY 2022 CHURCH INFORMATION Page 1 |Head Office|Innovation Centre Medway| |---|---| ||Maidstone Road| ||Chatham| ||ME5 9FD| |Registered Charity Number|1095131| |Pastor|Pastor Phillip Thomas| |Executive Committee (Trustees)|Rev. Candy Thomas| ||Irene Franchi| ||Majorie Duncan, apppointed 28 February 2022| |Bankers|Santander| ||9 Nelson Street| ||Bradford| ||BD1 5AN| |Independent Examiner|Griffin Stone Moscrop & Co| ||Chartered Accountants| ||21-27 Lamb's Conduit Street| ||London| ||WC1N 3GS| DocuSign Envelope ID: D7AA8B79-8D6E-45BD-BE50-13C22E6578C6 BETTER LIFE ASSEMBLY BIBLEWAY CHURCH FOR THE YEAR ENDED 31 MAY 2022 REPORT OF THE TRUSTEES Page 2 The Trustees present their Annual Report and the Financial Statements of the Church for the year ended 31 May 2022. ## **1.** Constitution The constitution was adopted on 28 November 2002 and amended on 9 April 2006. ## **2.** Objectives The Church is a Pentecostal assembly based at Chatham to advance the Christian faith. The Church provides motivational courses, youth conferences to teach people to lead non-believers to Christ and meet other Christians and have fun in the Lord. Women of Destiny courses to equip women and let them know that they are blessed by God, training and development classes to effectively educate and develop individuals, discipleship classes and power session to empower the believer. Better Life Assembly also runs a community Foodbank supporting families and children in the Medway towns. ## **3.** Organisational structure The Charity governing document stipulates that an executive committee of not less than three members who will meet twice a year with additional meetings when called. The Church is lead by Phillip and Candy Thomas who report to the other trustees. ## **4.** Trustees Those who served during the year were as follows: - Rev. Candy Thomas Irene Franchi Majorie Duncan, apppointed 28 February 2022 Trustees are recruited by personal recommendation and members are elected by majority vote of the members at the annual general meeting of the Church. Members are provided with appropriate training to undertake the role they will occupy within the church council. ## **5.** Review of activities Reinvigorating its commitment to the congregation and the broader community, Better Life Assembly, a steadfast Christian Ministry and community hub, emerged resolutely amid the challenges of the past year. Established upon unwavering biblical principles, the ministry holds the conviction that the sacred scripture stands as the inspired Word of God, serving as the ultimate authority for all matters of faith and Christian living. With a core focus on fostering deepened personal connections with Jesus Christ, Better Life Assembly remained resolute in its mission throughout a transformative period. Within the fabric of the Medway towns, Better Life Assembly etched its identity through community groups and a notable food bank, recognized for their compassionate outreach to those who have felt lost and disheartened. During the challenging period marked by the Coronavirus pandemic, significant emphasis was placed on safeguarding the well-being of the congregation, especially within the BAME communities that constitute a vital portion of our church. We have seen how covid has contributed to the rise of economic hardships, mental health hurdles, and domestic disruptions that bore a heavier toll on families, particularly within the BAME communities. Meeting adversity with unwavering resolve, Better Life Assembly adeptly navigated these turbulent waters by seamlessly transitioning its operations to both in person services, digital and mobile platforms. Leveraging tools like telephony, Zoom, streaming, and social media, the ministry upheld its connections with its members. Through diligent Pastoral teams, daily calls were maintained, and essential food parcels were distributed not only among the church's own community but also to the wider populace in need. DocuSign Envelope ID: D7AA8B79-8D6E-45BD-BE50-13C22E6578C6 ## BETTER LIFE ASSEMBLY BIBLEWAY CHURCH FOR THE YEAR ENDED 31 MAY 2022 REPORT OF THE TRUSTEES Page 3 ## **5.** Review of activities _continued_ Embedded within the core of Better Life Assembly's identity is a commitment to nurturing community, families, and young individuals. This dedication is channelled through mentorship, empowerment, and equipping, all aimed at constructing enriched lives. Striving for holistic development, families and youth were urged to embrace a harmonious blend of spiritual, physical, and social well-being, all the while aligning with the guidelines set forth by the government. Better Life Assembly's operational ethos is in consonance with the Church's constitution, a framework that propels the advancement of Christian faith. This mission is accomplished through diverse channels: community groups, meticulously organized programs and lectures, the dissemination of profound and prophetic spiritual teachings, and other forms of evangelical outreach, each meticulously aligned with the Church's founding principles. Diversity in ministry lies at the heart of Better Life Assembly. A multitude of outreach initiatives stand as testament to the church's commitment to impacting the broader community. Spanning across a spectrum of ministries, activities cater to children, families, and young individuals. An annual women and family conference serves as a focal point, imparting transformative teachings that equip individuals to manifest improvements across the spiritual, physical, emotional, and financial dimensions of their lives. In the tapestry of May 2022, Better Life Assembly stands not only as a beacon of hope but as a living testament to resilience, adaptability, and unwavering commitment. In rekindling its in-person services, the ministry encapsulates a powerful testament to the human spirit's capacity to persevere, adapt, and thrive even in the face of adversity. ## **6.** Public Benefit The trustees believe that the objectives and activities set out above provide public benefit. ## **7.** Reserve policy The trustees do not hold a reserve, all monies, donations and grants are spent yearly in line with the objectives. ## **8.** Independent examiner The firm appointed to carry out the independent examination was Griffin Stone Moscrop & Co. Signed on behalf of the Trustees Rev. Candy Thomas Better Life Assembly Church Trustee Innovation Centre Medway Maidstone Road Date: 6 October 2023 Chatham, ME5 9FD DocuSign Envelope ID: D7AA8B79-8D6E-45BD-BE50-13C22E6578C6 BETTER LIFE ASSEMBLY BIBLEWAY CHURCH FOR THE YEAR ENDED 31 MAY 2022 REPORT OF THE TRUSTEES Page 4 ## **Independent Examiner's Report to the Trustees of Better Life Assembly Bibleway Church** I report to the charity trustees on my examination of the accounts of the charity Better Life Assembly Bibleway Church for the year ended 31 May 2022 which are set out on pages 5 to 8. ## **Responsibilities and basis of report** As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Reema Mistry ACA** Griffin Stone Moscrop & Co 21-27 Lambs Conduit Street London WC1N 3GS Date: 6 October 2023 DocuSign Envelope ID: D7AA8B79-8D6E-45BD-BE50-13C22E6578C6 ## BETTER LIFE ASSEMBLY BIBLEWAY CHURCH FOR THE YEAR ENDED 31 MAY 2022 RECEIPTS AND PAYMENTS ACCOUNT (GENERAL FUND) Page 5 |**Receipts**
Donations and conference income
Gift aid claims received
Interest received
Letting income
Grants
**Total receipts**
**Payments**
Donation to Pastor
Admin fee
Rent (Jenkins Dale)
Advertising and marketing
Equipment hire
Fees/Gifts to musicians and performers
Utilities
Insurance
Travel and accommodation
Telephone
Printing, postage and stationery
Computer and website costs
Building repairs and refurbishment
Sundry
Storage
Legal and professional fees
Bank charge
Accountancy and Independent Examiners fees
Rubbish clearance
Fixtures and Fittings
**Total payments**
**Net receipts / (payments) in the year**
Cash funds last year end
Purchase of fixed assets
Debtors - Loan issued
Debtors - repayment of loan during the year
Creditors - Loans received
Creditors - repayments of loan during the year
Creditors - HMRC corporation tax paid
**Cash funds this year end**|**2022**
**£**
34,652
12,937
-
225
-
**47,814**
**47,814**
18,100
6,286
5,325
6,028
-
1,025
-
152
3,908
608
321
-
10
796
2,320
85
84
1,086
-
6,347
**52,482**
**4,668**
**-**
**8,238**
**-**
**2,000**
**-**
**-**
**-**
**- 115**
**- 1,210**
**246**|**2021**
**£**
19,679
8,474
4
7,810
20,000
**55,967**
**55,967**
-
8,202
1,000
5,125
1,365
11,446
1,490
5,985
376
1,065
519
315
260
476
1,215
6,024
-
1,044
400
-
**46,308**
**9,659**
**855**
**7,276**
**-**
**10,600**
**-**
**14,800**
**1,000**
**-**
**- 200**
**8,238**| |---|---|---| DocuSign Envelope ID: D7AA8B79-8D6E-45BD-BE50-13C22E6578C6 ## BETTER LIFE ASSEMBLY BIBLEWAY CHURCH FOR THE YEAR ENDED 31 MAY 2022 STATEMENT OF ASSETS AND LIABILITIES |BETTER LIFE ASSEMBLY BIBLEWAY CHURCH
FOR THE YEAR ENDED 31 MAY 2022
STATEMENT OF ASSETS AND LIABILITIES
**Monetary Assets**
**Cash funds**
Current account
Savings account
Cash Plus Current Account
**Non Monetary Assets**
**Assets**
Fixtures and Equipment (note 3)
Debtor - Loan provided (note 4)
**Liabilities**
Creditor (note 5)
Accruals (note 6)|**2022**
**£**
**50**
-
**196**
**246**
**4,415**
**12,600**
**17,015**
**15,219**
**-**
**15,219**|Page 6
**2021**
**£**
**237**
**8001**
-
**8238**
**5,888**
**10,600**
**16,488**
**16,544**
**400**
**16,944**| |---|---|---| |||| Approved by the Trustees on 6 October 2023 and signed on its behalf by: Rev. Candy Thomas Trustee DocuSign Envelope ID: D7AA8B79-8D6E-45BD-BE50-13C22E6578C6 ## BETTER LIFE ASSEMBLY BIBLEWAY CHURCH FOR THE YEAR ENDED 31 MAY 2022 NOTED TO THE ACCOUNTS Page 7 ## **1 Accounting policies** ## **1.1 Basis of accounting** The Financial Statements have been prepared on a receipts and payments basis in accordance with Section 133 of the Charities Act 2011 ## **1.2 Fixed assets** Fixtures, fittings and office equipment Equipment used within the Church premises is depreciated on a straight line basis at 20%. ## **1.3 Incoming resources** Collections are recognised when received by or on behalf of the Church. ## **1.4 Grants receivable** Grants and donations are only included in the Receipts and Payments account when the Church has received them. ## **1.5 Resources used** Expenditure is recognised in the period in which it is incurred and allocated to the appropriate cost centre. Expenditure includes irrecoverable VAT. ## **1.6 Debtors** Debtors are recognised at the settlement amount. ## **1.7 Liabilities and provisions** Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Provisions are measured at the best estimate of the amounts required to settle the obligation. ## **2 Funds** The Church only maintains a general fund. DocuSign Envelope ID: D7AA8B79-8D6E-45BD-BE50-13C22E6578C6 ## BETTER LIFE ASSEMBLY BIBLEWAY CHURCH FOR THE YEAR ENDED 31 MAY 2022 NOTED TO THE ACCOUNTS Page 8 ## **3 Fixed assets** |**4**
**5**|**Cost**
Balance brought forward at 1 June 2021
Additions
Disposals
**Balance carried forwatd at 31 May 2022**
**Depreciation**
Balance brought forward at 1 June 2021
Charge for the year
Disposals
**Balance carried forwatd at 31 May 2022**
**Net Book Value**
**As at 31 May 2022**
As at 31 May 2021
**Debtor**
Other debtors
**Creditors**
Government Bounce Back Loan
Loan from Candy Thomas
HMRC - corporation tax||**Fixtures &**
**Equipment**
60,435
-
-
**60,435**
54,548
1,472
**56,020**
**4,415**
5,887
**2022**
12,600
**2022**
10,885
982
3,352
**15,219**|**Total**
60,435
-
-| |---|---|---|---|---| |||||**60,435**| |||
||54,548
1,472
-| |||||**56,020**| |||||**4,415**| |||||5,887| |||||**2021**
10,600| |||||**2021**
11,000
982
4,562| |||||**16,544**| 1. Government Bounce Back Loan was issued in response of COVID-19 in May 2020. First 12 months are interest free, thereafter annual interest is charged at 2.53%. 2. As at 31 May 2022 £982 (2021 - £982) was due to Candy Thomas, Trustee of the charity. The provided is an interest free loan. 3. A balance of £3,352 is owing to HMRC re. corporation tax. The charity is repaying this by agreed monthly instalments. ## **6 Accruals** |Accruals (professional fees)|**2022**
-|**2021**
400| |---|---|---| ## **7 Trustees** Expenses reimbursed to 1 Trustee amounted to £424. ## **8 Related Parties** Total donations received from Trustees during the year was £120 (2021 - £360). During the year £6,286 (2021 - £5,537) was paid to Baygold for administrative work, a company in which Pastor Phillip Thomas is a director. At the balance sheet date the Pastor Phillip Thomas owed the charity £2,000. This is an interest free loan.