C"OlI IP,KINY REGISTRIl"I"IOIN Yi UIllllF.11 .$129414 LIVING NVOIII) INTIIINATIONAL CFIUIICII r.NGLANI) cotWlPANY LIMITfD IIY C.UARIlNTf4 FINANCIAL STATEIWIENTS roR TIII YEAR fNDID 31ST IWIARCIq 2022 C11411"ity' Niiiiibei. 1113936 l)I"Ll)<11'ed B),: Icl1I S Siiiitli & Co 91-1 iL?Ii Sii"eel B Ll I'ii Iicllll Biicks Sl.17.1
LIVING WOIID INTfRNATIONAL CHUIICH ENCLANI) COMPANY LIMITED IIY GUAIIATrr. riNANCIAL STATEMENTS YrAlI r.Nl)ri) 31 MAIICII 2022 CON'rr.Nl'S MLiiiliLrs ot" tliL IIocll'(I "I"I"IislLes c11111llcl1 I"cpoi"I IiidLPLiidLiit F.Icl1ll iiiei's RLpoi"I to tlic niciiil)ei's St'ilLIIILllI Ot. fiiic111CiI1 ALtivities BcilclllCL SIILLt Nc)ILS lo Ilic fiiiclllciLI1 St<ltLiiieiits 10~ 14 DeiclilLd Si1( ILIiiLlIt ol" fiiic111CiLI1 AcliviliLS 15- 16
LIVINC WOIID INTEIINAI'IONAL CHUJICFI ENGLAND COMI)ANY LIMITED BY CUAIIANTf.F Mf.Miif,RS or THE BOAIII) Tlie Bo..) r(1 of Ti"Iistccs IILV O. LininclllLiel-AiiiL1 O. O Iininlc IILiel-Aiiicl l. Joliiisoii O. Ocliilclllcl Coiii i)iinv Seci"et:I I"), O. O Eiiiiii¢iiiiiLI-Ai Ilcl Registci"c(l office 73 Bliiiii tiLlcl Cresceiit Biii"Ii11<iin SIoLig)Ii Berks SI.16NL B.Iiikci"s 14st3C Sloiig)1114igyli Sii"LLt Sloii(yl] BLI"ksli ii'L SL.1 ijr N<ilioiiii iclL BLli Idiiigy Sociel), rc21"1111lc In Road Sloiigli Bci'ksli ii'c
LIVING WOIID INTf4 IINATIONAL CHURCFI rNGLAND COMPANY LIMITF.D IIY GUARANTFI TIIUSTIES ANNUAL IIIPORT 'EIlll ENDED 31 NIAIICII 2022 I"hL Iriislces, Iiilio cl1"e cilso DirLclors t"oi" IIIL piii'poscs of tlic Coinpcl1liLS Acl, prLseiit their report 1c lid tliL Illlc1Liditcd fiiiclllcicil slc2lLiiiLiils ot" Ilic clicll'ily t.or tIIc yL<ir ciiclLd 31 M<lrcli 2022. DIIIICTOR'S ANNUAL Rfi)ORT INTROI)UCTION -riie d ii"eLtoi's, I.110 <l1"L cilso Ii"IislLLs, siibiii it tIIL ir rLPOrt cl11(I tinc111Cilc I sl<ltements for tlie yeclr to 3 Mclrcli 20?? l-lie dircclors Iicive c?dopled tlie pi"ovisions ot" tlie Siclleinciit ot" Rccoininended Prclctise (SORP) 'AccoLllItillCl ciiid ReporliiiLI by Clicll'ilies, iSSLied iii Oclobei. 2000 in prepc1riiigy tlie c2nnLial reporl ,2iid f illciiicial Slc2teiiieiits t'or tlie cliiircli. LEGAL AND ADMINISTRAVTIVE INFORIWIATION Tlic cliiii.cli i S 1( clicirit1c l)Ic COlllPclll)' l iiii ilcd l)), gyllclflc Iltcc. It is g)ovci'iiccl by <1 MLinoi'c2n(Iiim Ic nd Artic les o t" Associcltioii. Tlie COlllPc111y Iicls folir dii"ectors Iirlio Iiieet I'egyLilai"ly to reviciii Ilie fiiicinces and Idiiiinisti"aiioii of Ilie cliiircli. Tlie Seiiior Pc1Stor cliid Iiis Ivit"L: II'IIO clfc (1150 Directors: clre einploycd 011 (1 fiill tiine bc1SiS 1c lid riin the cliiircli on c1 clay-to-dcly basis. OB,JfcTivivfs, ACTIVITif.s AND PUIILIC BfNrriT As IrLlStees, Iiie clrc coniiiiilted lo eiisiii'iiig tlic1t <lS 1IIlc 11), people cls possible cl1"e Ic ble Io cltteiid (iiid eiijoy oiir Iiiorsliip services c111d (111 Ilie ciclivities cind pro(?I"ciinnies tlie chLlI'clI is eiig<1g)ed iii. All progjrlc Inmes aiid ciclivilies clre clesinnecl lo beiiefil ever)ioiie iii oiii" coiiiiiiiiii ily <111d be)ioiid. Wlieii plcl1l1l Illgy OLII. ciclivities, 11;e eiisiire Ilicil Ive Ii1cve coiisi(lei'e(I Ilie Coiiiiiiissioii s g)Liiclcliice 011 piibl ic beiiel il: c2iid iii Pcl1'liciilc1r 11,'iili I'cspccl lo tlic giiij(Icliice 011 IIIC cicIvcliiceiiiLiit ol" I"elig?ioii. Tlic c111( ril)r' s lllclill objectives <ire: 'IIc c2dvaiicciiieiil of tl)e Clirisli<l1l fclltli. I"Iie rcl let" of" i)ei'soiis iii coii(lilioiis ol" Iieecl oi'11<l1'clsli ii)
LIVINC: NVOIID INTEIINATIONAL CFIUIIC14
rNGLAND
COMPANY LIMITID IIY GUAIIANTr.E
TIIU,STrr.s ANNUAL Iir.i)OllT
YIAII INI)ED 31 MAIICII 2022
oB,Jr.CTIVIVIS, ACTlVI"rir.s ANI) ])UIILIC Bf.NfFIT
A(Ii".Iiiceiiieiit of tlie Cli ri.fjit14111 f:iitli.
l o fill til Iliis PLlI"pose: 'L Ccl1"I'y OLlt tIIL lol loiviiigy ciclivitics Ivliicli <ire open lo tlic giciier<11 piibl ic. We
c I'e coiislciiiily seLkiiigy IVcly.s I() lllcikL il easiLr for LVLr)'onL lo bc cible lo leel Iv'Llcome clt tliLse c1Ctivities.
Worsliip serviLCS <liicI evLiIIs.
Yoiiili ciiid Cliildi"eii's Work
COLIIISLII i Ilgy ciiid PL1slorc21 Ccire for people iii oiir coin In1111 i ly aiicl beyoiid.
Relc1lioiisliip 'lL}i IoLcl1 cliLlI'clies <iiicI Iiiiiiisters.
NVorshi[) aiicl E4 I'ents
Oiir I"egiil:Ir Ii'eekly Fri(1.
'Ii)(I SIAiicl41}' Ii'oI"sliip serviccs clre opcii 10 tlie genercil PLiblic. Ai these
Iiicctiii(ys 11;c seek to Iielp people in Ilieir spirilLlc11 joiii.liey throligyli tlie teciclI ing of scriptiires in linc I.1th
oiir visioii lo biii Icl people so tliclt tlie)r reclclI tlicii" fiill poteiilicils in li fe. Oiir lec2cliiiigs gieiiercl11)I cover
Iliree Iiiain <2reclS Iiiliicli are f.iitli, f&llll ily ciiid ci'e<ltivity.
We coiitiiiiie to see Inc2llV people. yOLIII(Y <iiid olcl, groiiijii(J in tlieir relcllioiisliip 'lL17 Cjod ith the resiilt
I111( t tlicy Ic re becoiii iii(y more coii t idcnt to leclve c1 Inore piii'posetiil c2iid Iiieclll in(y fLI I l i t"e.
Ve orLY1c Iiise si)CCl<il eTr'eiits iiicliicliiigi oiir aiiiiiial convciitioii Ivliicli c1llr1c Cls Iiiindreds of people from
,Icross Vclrioiis ciiltLires 1( lid clgjc groiips. We cllso Iiost Christlllcls Ccl1"ols, Good Fridcly (liid Eclster
celebratioiis services Ivliicli c2re proinoted Ivitli iii tlic coiiiiiiiiii ily <liid coiiliiiiie to be <1 In<l111 clttl'<lCtioii
ror peoi)IL iii oiir coiiiiiiiiiiity. All Iliese eveiils lealLire Iniisic by oiir clioir, cls Iirell cls gyiiest SlllLyers aiid
IIILisiciaiis. Cli ildren aiid )'oiiiig people feclliire proiii iiieiitly in al I Illc2jor cliLlI"cli eveiils I.]1ere tliey Iicive
Ilie opi)ortLllI ily to slioivcc2se their crecllivit)i iii mLlSlC: cl<lllCC, Inli Itiincd ic1 c1nd otliei" c2fc<2S Iiicli LYO (1
lonLY Ii'ay iii biiildiiigy tlieir con ficleiice Ic Iicl eiilic2iiciiig Ilieii" overall developiiiciil <iiid Ive-beiiig.
Yoiitli l< 11(1 Cliil(Ii"ei)'s Nvork
Al Liviiig? Woi'(I, Iirc 1( re coiniiiillccl to tlic Icl111i l),. OLII. Iiieekly }ioiitli Iiieetiiigs foi" (igycs 13-18 coiitlllllL
lo i)I'ovidc <1 pl<1CC <?Iid foriii)I lo bLli Icl yoiiiig peoi)le lo bcLoiiie sli'oiig <lll(I st<l1)IL iiicl ividLl<ils, gy ive
g) IiidcqllCL 111 tlieir edLIC<llioii ciiicl VOC<ilioii c111d Ic Iso siipi)oi"I Ilieiii eiiiotlOll<l1 Iiiitli tlie piii.pose Iliclt Ilie),
Iri I I becoiiie Iiil I i Iled acllilis Iiilio1i<lVe (1 gyi'c1c I rclcilioiisliip Ii'iili Gocl.
Wc ciicoiii cig) c oiir )ioiiiig pe()i)le lo gyo 10 Uiiivei'sil),, l<ikc lip <qPI)I"CllticLslii i)S cl11(I lo g)CllLI'ci11)' 111<1ke Ilie
bLst ofilicii. l ivcs cliicl to bc gjood cili/eiis ol" oiir COLiiilI")'. Tlie yoiiili tL<iclici's i)I'oviclL gyiiidclllcc c111d
leclclii Iigis <liiiiecl cll eiisiii'i Iig) Ili<lt IliLy becoiiic ciclii lis Iiili() Iiij l11111c ke IllC<l1l iiig) til l Loiilribiilioii Ic) Ilicii.
f<l111il)' ¢liicI Ilic socicl),. Wc111c ve also seeii a Iiigili pei'ceiilcll)c of Ilic YOLIIIL l)eople Iisiiig) tlicii" ci'e<ltivil)'
iiliiii Ilie cliiii'cli cliicl iii Ilie coiiiiiiiiiiily iii <ifc<lS siicII cls Iiiiisic, Iniilii- Iiiedicl: Iiospit1c lil),, Siiiicl<l)'
scliool cliicl Incllly IllOI'c. "I-IIL )ioiiili also eii(Y(1(Je iii fiiii <lCtivitlLS 11,Iiicli ciiliclllLe IL<llll boiicliiiL ciiicl biii Icls
Ilieiii lip SOCici11)'. Ali clllllLl<i1 fiiii d<ly Irip is orgJcl1IiSLcI Ic Iicl Plc ICI lor l)y Ilie clicll'it), I"oi' Ilie )'oiiii()
pLopIL
ciiicl Il)Lii' fi'iLiicls. A I I IliLse
LIVINC WOIII) INTEIINATIONAL CFIUIICFI ENCLAND COMI)ANY LIMITfD BY GUAIIANTEE 'riiusTrr.s ANNUAL REPORT YEAII fNDfD 31 fvIAIICII 2022 OB,Jr.CTivivfs, ACTIVITif..s AND I)UBLlC Br.Nr.riT Oui" Siiiid'iy Scliool (gYCllLI"cilly refcrrcd to Ic s Cliildrcii's Cliiircli) is <1 fiiii 1( nd eiijoyclble place for cliildreii cl(ied be(Ivccii 3-13 yec2rs. WL pi'oviclc cl Stc?l)IL, Scltc ciiicl Iiiii enviroiiinciit for clii Idren to Icc2rii c Iicl Lyr01 iii Ilieii" Clirisiicl11 lic lili ciiid prcpcire Ilic oldei. OllLS t'()I' Iccii<lglC l i te. Wc Iiclvc cl te<lm or dLdic<ilLcl tL",1cliei"s ciiid voliiiileLrs Ivlio Ivc)rk lirLILssIy lo In<ikL Ilic clii Idreii fcel Ivelconic cliicl liclvc a gi"Cc2l IiiiiL every Siiiidcly. Ive oi'g?cl1iise specicil clLlivitiLs IwliiLlI Ilie cliilclrcii alivclys look forivcird lo i.e. Cliilclreii s Siiiid1c )'. CliilclrLii's Gi'<icILl<ilioii CcrLlllOlly, l-Ici1 ILliijci1I Nigilit, CliilclrLii's I""Iin Dcly 1¢ n(1 miich Iiiore. Coil Iisclliii (J ')Iicl P41.Stoi"'I I C..) I"e We pi"ovide spii"iLLlci1 c111d eiiiolioiicll SLlPPOI't loi. boili oiir Inembcrs cliid thc gyciiLrc11 piiblic. We Cclrry oiit lllcl1"fic1Lye coiiiisel l iiicy Iielp resolve t"'ciin ily dispiites, siii)port iiidividiiclls einotionlc Ily ancl siipport pcople tlii'oiicili bci"Cclveiiieiii aiid oiliei. persoiiic I ciiid t.ain i Iy Illlc Iiers. le (ilso coiidiici Iiieddiiigys, bciby dccliLcolioiis, IIoLise blessiiig)S Ic lid oiii. clooi's <l1'e opcii 10 Ilie Plibl ic foi. siippoi"I ciiid Pclstorcll Cc1re. People cl1"e (ible to coiitclct Ils Vlcl oiir cliLircli Ivebsite, SOCicl1 Iiicd ilc , teleplione or siiiipl), Iliroiic)Ii tlie dooi"s. Rcl<ltioii Ii'itli Ioc<il cliii I"clies 4111(I 111 iiiisters OLir Pc1slor Iic1S foriiicd sli'oiigj rLlcilioiisli ips 11,'iili Iocc11 cliiii"clics cliid In in isters over Ilie )ieclrs. We col11( borc2ie Ii'itli oilier cliiii"clies 11,Iiose 111 iii islei"s Iiieet Iviili oiir Pclstor to slic1re idec1S ciiicl geiier<i11)' siippoil c111d eiicoiirclL)e eacli oilier. Iii boili Olir Cli<11foiil St Gi les aiid Fclriiliain Coininoii Ioccllioiis, ,'e joiii Ilie cliiirches iii orgy<21iisiiig progircliiiiiies iii Ilic coininiiiiity iiicliidin(y Ilie Goo(1 fri(Icly m<l1'cII iii fc21'111icl1lI Coniinoii: cliid service 011 Ilie grecii iii Clicil foiil St Giles. Oiir Pc2slor is cilso <2 Iiieinber or tlie Sloiigyli Miiiistcrs Nclii,'ork. l-lie Cliiircli is <1 Iiiciiibcr ol" Evciiigyeliccil All iclllce. We cllso eiijc)), LYOO(I Ii'oi"k iiigj rellc lioiisli ii) 11.'iili Ilic S loiigili Bciplisl Cliiircli cls Iiiel11c s Cippciilicl1lI Bclptisl CIILlI"cli 11,Iio Iiclve l)ecii vci"), g)1"1< cioiis 10 <l1101I' lis Io IISL IlILii" bclPIisiiic211)ool Io Cc11"r): oiil oiii. 11:c1lLI' b<lPI isiii sei"vices.
LIVING WOIII) IN-fEIiNATIONAL CFIUIICII r.NC.LANI) C()MI)ANY LIMITEI) IIY C.UAIIANTI,:I,: TRUSTEES ANNUAL Iir.i)OllT YrAR fNDf,D 31 MARCII 2022 011.JECI"Ivivr.s, ACTIVITif.s AND I)IJIILlC Iir.Nrri'i' Oiir IlLlI;l)I rciiioclLI ILCI LI)Ic pcl is Iic)Iv Iiilly c)pcrcilioi)ci1. As IVLI I (IS serviiigy cls oiir In¢lill ori Ice Iocc1tioii, 'L (1150 riiii oiir friclcly CVelllll() scrviLc cls ILI1 cls oiir Lcll'ly Siinclcly IiiorniiiLY scrvice from Ilie chc1PCI. Tlic CliildrLII S cliiii.cli is bLiiigy riiii iii tIIL clicQl)el. We cqrc g?rcilcfiil Ilicil Ive are clblc to opercltc Olir Siiiidcly li.oiii oiii" 011,'Ii bLI i Id iii(Y (l(Y(iiii, Ivliei"e Siiiidcly scliool In<1tericils Ivhicli are kept on sitc c2re 'lL17 i n L<lS) I"ec1clI. TIIL Llose i)I'oxiiii ity ot" IliL clicl1)Ll lo I.1]erC Inost ot. Olir coiiuregycltioii rcsidcliic s providc(I eclsy clCCLSS t.or <1 Iiiiiiiber ot" oiir InLiiibers to ciltLiid cliiircli services. Olir clioii" cind Iniisic reliecifs<ils c?rc cilso bLiiigy cclri.icd OLIt iii tlic clicipel. Nve (ire L?fc1diic2lly sceiiiL people froin Ilie Ioc<21 cominiiiiily being CIICkn)4(1C?Ld cl11(I cl L?ood coiiiinLlllci1 relL1tioiisliip is developiii(y Iviili soinc ciltcii(1lc ncL t.rom people Ivith 111 Ilie coiiiiniii)il)'. Relief of persoiis iii coii(litioiis of Iieccl oi" Ii'.Ii'clsliii) l o till til Iliis piii"pose, Iiie en(l(Icye iii Ilie t.ol loiviii(y: Coiiiiiiiiii il), Oii(I"e<icII SLlPPOI"t to Ioccll cliclrities SLlPPOI"I to iiidividiic11s iii Iieecl or iii Iicll'clsliip) le lic1VC <1 Coin Iiiiiiiity lecllll Iliroiiuli 11,11 icli lire proviclc Iielp ciiicl siippoil lot" Ilie Iieeds iii OLII. COIIIIIILlllit)'. We iecllll rec?Iil(i1'1)I visil eldci"l)' Iioiiies iii OLII" COllllllllllit)I 10 Slll(i iiilei"c1cI (iiid Liciiei"al l), IIIIIILY IL Iiiiili Ilic rcsiclciiis. "I"IIis is <1 very POPLilcir scrvice Iviili tlie eldei'l)I 11,Iio coiitiiiiic lo look t"orivlc I"d to oiir 1ie.xt visil. We c21so tcike Clirislmc2S1Iic Iiipers cliid gi Ils to tlic Iioiiies. Clicl1'iliLS Ilic1l 11;c cc)Iiliiiiie lo siii)i)orl l illc?IICl<111)' ,iiicl IILII) Ii'iili oiliei. Iiecds iiiclii(IL P<iclstoiies (11:Iio pi"ovidc Iioslels foi" )Ioiiiigi 1( (Iiilis), SIoLigili I loiiiLIL'SS Oiii. CoiicLI'lI, BLI'k.sliii"L131iii(I Socict).. "I'IIL cIIiii"Lli is cilso (icl ivel), j Iiiiolved iii Ilie Opei'cil ioii Clii'i.sliii<lS Clii Icl oi"gy<l1iised [))' Scllllcll'itlc 11 s l)Lll"se. Oiii" InLiiibLI's cloiicqle slioc bo.xc.S (iiid IliL cliiirLII siii)poi'ts Ilicir 11:oi'k l illc111Cilc I l),. Nlle cllso col Icil)01'<lte Ii'iili Ilie Pi"isoii l-el loii'sli ii). "I"IIL Ii"Iistccs proviclL l illclllLl<l1 SLlPPOI"L cl11(I I'LI IL r to iiiclivi(ILiclls <l11(I Pil1"liciilcll'l)' t<l1ll i l ILS, Ii'itli )'OLIIICY clii Icli'eii gyoiiiLI IIIi"OllLJII <1 (li I'l iLiili liiiic. Te g)ive oiil Clii'isliiicls fo()(I bciskels lo Ilie elclei"l)' ciiicl t<l1ll i IILS Ilic1l <l1'L iii IieLcl ovci" IIIL C Iirisliii<lS pLI'iocI. "I'lic C'liiii"Lli <ilso I"IlllS <1 IiioiiilIl)' slcll I C1( IIL'(1131LSSiIIC) Coiiiicclioii: 11,'Iiei"e i)011-i)ei'isliciblc ilLIiis Ic I"e Illcl(le clvcli Icil)IL tc) Iioili Q'liiii'cli IiiLiii l)Li'S cl11(I Ilic giciiei'c11 piil)l ic: IrLL o I" clic11'gic.
LIVING NVOIII) IN'fEIiNATIONAL CFIUIICII r,NCLANI) COMI)ANY LIMITID 13Y GUAIIANTf.E TIIUSTif.s ANNUAL Iir.i)ORT YEAII ENDf.D 31 MARCII 2022 oiiJrcTIVIVIS, ACTIVITifs AND I)UIILIC Ill,"Nr.ri'r Rrsriivr.s I"Iic coinpcl11)1 111(iiiilcli1lS sli I"fiLiciit Iiiiicls l() c()VLr ils 11llc llcigiLiiiciil cliid cl(Iin iiiislrc1livc costs. IIISULTS Tlie resii lis t.or IIIL yecif ciiid IliL clicll'ily's l ill&lllCici1 posilioii cil Ilic eiicl of IliL yCc1f clrc Sholn 111 the ,Illlc cIILd fiiiclllLici1 %lcllLIIILiIIs. THf TIIUSTrr.s Tlie ti"IistLes Ii'lio scrvccl tliL clicl1'il)i cliiriiigy Ilie period Ivere cls fol loivs: Rcv. O IininclllLicI-Aiiic Pcislor 0.0 Eininciniicl-Aiiicl Decicoiiess L Joliiisoii P<islor O. Ocliil<lllcl TIIUSTfis RESI)ONSIIIILITES Coiiipaiiy Icl11,' reqiiirLs tlic IriistLLS to Pl"LPcl1"e tlllclllCic11 st1( ILineiits lor eciclI tlllclllcicll year I171cli oive a Iriic ciiid fclir vieii. c)t" IliL Stc1tL ol" ciftc?irs ot" tlic Llicirily (ll tlic cn(l ot" IliL )'e1c I" <l11(l ot" tlie iiicoinin(I (incl oiitg)OlllLY resoiii.ccs lor tlie )recir Ilieii elided. Iii prep£l1"lllCY tliosc finclllcicll slcltciiieiits: tlic triistces circ rcqiiire(I to selecl SLlitcible clCCOLintiiig pol icies lid Ilieii cippl), Ilieiii coiisistciiily, 111lc kiiig j Iidgyeineiits cqiid estlllliltes Iliclt cql"e rLc1SOllclblc <111cI prlicleiit. Tlie IrLislecs Iiiiisl cilso prep<ire Ilie fiiicillci1c I stcllcineiits 011 tlie gjoiiigy coiicerii b<lSiS Iiiiless it is lllclPPI"opfic1te lo presiinie Ilic1l Ilie cliclril)r Ii'i I I coiitiiiiie ils clctivit ILS. Tlie trlislecs <l1"e rcspoiisible lor kecpiiig prc)per c1CCOlllItillLY I"ecoi"cls 11:11 icli cl isc lose Ii'ith re<lSOll<lblc ,IcciifclCy al cl11)' liiiie tlie fiiiic IICl<l11)osilioii of tlie cli<2rily cliicl to eii<il)le tliciii 10 ciisiiI"e Ili<il Ilie fiiiclllcicll slciiciiiciils coiiii)l)' Ii'iili Ilic Coiiip<l1l ics Act 1985. 1.lic IriislCLS cl1'L cilso respoiisil)le foi. Scif"c(Yll(?I"(l jii4y tlie ,Isscts ot. tlie cliciril)l (iiicl Iieiice (oi" tc1kii)gy respoiisiblc stLPS for Ilie prcvciilioii cliicl clLILcl ioii ot" tl"ciiicI ,111d oilier iri"Lgyii l(l1'i lics. Regi islei'ed Of"1 icc: 73 131Liin f ielcl Ci'LsLLiII Bliriiliic In S loiigy li t3ei.ks SL.16NL S igiiie(I b), oi'(ler ol" Ilie tl'LlStLCS MRS OLADUNNI I.'MMANLJLL-AINA Coini)cl11)' SLCI'etcll'y Ai)i)I'Ol'LcI l)), Ilie Ii"Ii.slL'CS 011
LIVING WORD INTEIINATIONAL CFIUIICFI ENGLAND COMI)ANY LIMITfD IIY CIJAIIANTr.E INDEPENDfNT IXAMINf.R'S REPORT TO Ti4f. Mf.MIIEIIS YEAR INDfi) 31 MARCFI 2022 sl rLpoi"l 011 IIIC Lllllc Iidilecl clCLoiinls of Ilic clic?rily for IIIC yccir ciiclLd 31 Mcircli 2022 set oiit 011 P<igycs 7 to 15. RfspECTivf. RfspoNSIIIILITif.s OF Tiif TIIUSTrr.s AND Tiif INI)rpr.NDfNT EXAfvIINfR As tlie clicirity's Ti"IisleLS YOII cll'e I'espoiisible f"oi' Ilie prepcifL1tion of tlie accoiiiits; yoii consider Ili<lt tlie ,Iiidit rLqiiireiiieiit of seclioii 34 (2) ol" Ilie Clicirity Leg?islalion docs noi <1ppIy <1nd an indepeiiclcnt e.xlc Iniii'ilioii is IlLLded. It is In) respoiisibilit)I lo: e.Xcl1ll Illc tIIc clLCOllllts (Iiiidei. section 43(3) (CQ) ot" tlie Clicirity Lcg) isl<ltion)' t"olloiv tlie pi'ocedLII'LS111id doivii iii Ilie Genercll Direclioiis gyiveii by the Cliclrity Coininissioiiers (Iiiider Sectioii 43(7) (b) ot" tlie Clic2rily l.egislcltion); and slc1te 11,'heiliei" P1( rticiilai. 111lc Ilers1i<ive coiiie to Iny <lllentioii. 13A.SIS OF INDEPENDENT E,XAIWIINEII'S IIEI)OIIT M), E.X1c 111 Illclt ioll Il'"clS Cclrried oiit 111 c2ccordciiice Iviili tlie g)enei'cl1 directioiis gyiven by tlie C111( rities Coinin issioiiei"s. Ali iiiclcpLiidciit e,Xc1111 lllcltioii iiicl11(les Ic revieiv of Ilie clCCOlllltiiig recorcls kept b), tlic clicll'il), ancl cl COIIIP<irisoii of Ilie <lCCOLlllts pi"esented Iiiiili tliose I'ecoi"ds. It cllso iiicl Iides coiisi(ler<1tioii ol" ali), IlllllSLial ilLlllS or d isclosiii"LS in IIIL ciccoiiiils, aiid seekiii(i e,xplciiialioiis froiii yoii cls "friistees coiicerii iiio Ic 11), SLICII 1ll1c Iiers. Tlie procediires Iiiidcrtclkcii (lo Iiot provicle al I tlie evi(leiice Iliat 11 OLI Id be rcqiiircd iii (ill c1iidil: Lind coiiseqiientl), I do Iiol e,xpress cl11 ciiidit opiiiioii on tlie vieiir y ivcii b)1 Ilie ICCOlllIts. Icl1I S Siniili & Co Accoiijilaiils 9 HiLylI Sti'cct Biii'iili<1111 Sl.17.113
LIVING WORD INTERNATIONAL CHURCH NGLAND COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES YEAR r,,NDED 31 MARCH 2022 Total Funds 2021 Unrestricted Rcstricted Funds Funds Total Funds 2022 Notes Incoming Resources Tithes and offerings Other Income Gift Aid Interest Building Fund TOTAL INCOMINGS RESOURCES 167794 6205 30157 28 167794 167440 6205 3788 30157 34759 28 64 9894 5912 214078 211963 9894 9894 204184 RESOURCES EXPENDED Charitable Expenditure: Costs in the furtherance of charitable objects Staff Costs Direct charitable costs Management and administration TOTAL RESOURCES EXPENDED 88359 78160 3224 169743 88359 78900 3224 170482 85958 60167 4388 150513 740 740 NET INCOMING RESOURCES FOR THE YEAR 34441 9154 43596 61450 BALANCE AT 31ST MARCH 2021 233682 297452 531134 BALANCE AT 31ST MARCH 2020 199241 288298 487539 The notes on pages 7 to I I from part of these financial statements.
LIVING WOIID INTIIINATIONAL CIIUIICFI COMI)ANY LIlITl) BY C,UAIIANTr.I ENGLAND BALANCE SFiifT YrAII ENDfD 31 MARCII 2022 2022 2021 Notes rixr.i) AssfTS Tciiigible AssLIs 831178 821735 CURRfNT AssfTS Debiors cliid l)I"CPclVIIILlIts 6923 90024 5735 76434 Dcposil LL"c.SL 96947 1527 82169 1100 CIIEI)ITOIIS: Aiiioiiiits f4illiii(J cliic Ii'itliin oiic )IC411" 10 NIT CUIIRENT ASSITS Loiig Tci"Iii Li'.Ibilitics NET ASSETS 954?0 395464 531134 81069 415265 487539 ruNDS Restricted Unreslricted TOTAL FUNDS 297452 ?33682 531134 288298 199241 487539 'or tlic )'e<1r eiidiiigi I I," Ill¢irch ?0?? tliL COII)P4111)' Il'<lS eiititled lo e.ieiiiptioii trc)1111iidit uiider scclioii 477 of tlic Coiiip¢lnies ,ICt ?006 rLl¢1liiig 10 Slllci11 COlllP411)iLS. Tlie Iiienibers Iicll'e Iiot rLqiiifLd tlie coiiipilly to obt<l111 ¢111 ¢1ll(lit 1114lccordciiice i%iith seclion 476 ot" tlie Coiiip4iiiies .,Ict ?006. Tlic DirLCtor s cockiioiiyledoe tlieir respoiisibilil), lor coiiipl)'iiig) Ii'itli IIIL fL'qiiifLlllCI)ts of Ihe Ilct Ii'iili respect to <1CCOlllItiii records aiid for Ilie prep.1nlioii of accoiiiiis. Tliese <1CCOllllts IiclllL bLLlI l)fLPl¢ fLd ii) (lccorclcliice Ii'itli tIIL proiiisioiis 4lPI)I iC4ible to COlllPéllllLS siII)jLCt 10 Sllllc I I COlllP1< Iiies. regiiiiie I"Iie IriislLLS ¢lfL Sc1tisliccl Ilic21 IIIL cliiril). is eiilitled lo e.xeiiii)lioii Iroiii Ilie pro%'isioiis of Ilie C1141rily Legyisl¢1tioii (tliL .4ci) rL11c tiiigi to Ilie ¢liidil of tlic friii¢lllCl411 sl<lleiiieiits for Ilie yL',Ir b), virliie ot" seclioii ?491I(1), 1¢ lid tli¢ll 110 IiieiiibLrs1111 VL. rLqlIL'StLd (111 <1iidit i)Iirsii<iiil (o SLclioi) 24913(2) ol. IIIL tlcl. Tlie IriisieLS 1¢ cKiioi%'ledgpL IIILir resi)oiisibililiLS for: (i) F.Iisiiri Iigi t111l Ilie cli4iril)' kLL l)s i)fopLf 11ccoiiiII ii)g? I'Lcor(Is 11,11 icli cc)1111)ly Ii'iili SL'clic)11 ? ? l ()1" tlie tlct, clll(I (li) )repcirii)gJ fiiic111C11¢ I sl<ilLlllCllts Ii'liicl) jl'c Ic IriiL 141ir IrjLii' ot. tlie sliltc c)1. 14 fl<1irs ot" tl)c cli1¢ ril), 1S 1¢ I IIIL eiid o t" IIIL tiiiaiici¢l1 yC¢if ¢iiid ol" ils profil or loss lor tlie l i1l<111Cicl1)'e¢if iii 1¢ cccircll¢ 1)ce Ii'itl) tlie rLqiiifLIIILllts ot" SLcIioii ??6 cliid Ivli icli oilicrii'ise CL)l)11)l)' Ii'i tli Ilie rLqii i reiiieiiis o r IliL Ilcl relcili Iigi to tlllclllcicll st<1tL Iiieiils. so t41f <lS 11)1)Iiccil)le lo IIIL cliiiril).. I'licse liiiclllCl¢11 s11( lei)ieiiis1i,1ve bLLlI l)rci)¢lfLcI iii 1¢ cLorcllc IlCL Ii'iili tlic si)LCl4111)roi' isioii siii Pllrl I'l l ol" IliL CoiiipcllliLS tlct 198) rLlatlllLI Ici Slll<111 COlllPii1iies Ic l)cl Ii'iili tlie 1-11114 IIClii1 Report IllL Stlc iiclilrd l()r Sii)l1 I ler l-lilities (L tliCtil'L JIiiiL ?00?) I)ii'LLI()I' Dii'ccioi. O.1=111111<lllllLI-Aiiic l. J oli11.(i()11
LIVING WOIID INTf.RNAI'IONAL CHURCH NC.LAND COMPANY LIMITf.D IIY GUARANTrr. NOTlS'fo TFIE FINANCIAL STATfMfNTS YEAR r.NDf.D 31 MAIICII 2022 I. ACCOUNTINC I)OLicirs The tllllc IICicl1 %lclleiiiLiils IiclVL bLLlI pfLI)cll'Ld 111)(ILI" IIIL IIisioricci1 cost convciitloll Ic Iicl in ciccorcl<ince 11 lili the stcllLlllCllI Ot" RLCOIIIIIILiidLcI PriL cIisL "'Accoiiiitiiig) ciiid Reporliii(y by Clicirilies (SORP 2000) c lid Clic1ril)' I.CLyislcilioii 1( lid Ilic fiiiLIIICicl1 Reportiiici Stciiid1c rd for SincillLr Eiilitics (et't"eLtive Jiine 200?). (b) Casli Floii. st'itciiieiit TIIL IriisieLS1IlVL IcikLII c2dvc111l(l(?e of tlie e.xeinptioii iii fiiiclllcic21 Reportingy Stcliidcird No l (rL vised) t.roin iiiclLidiiicy Ll C<lslI flo1. stclteineiit iii tIIL t1111c IIC11c I stcltLincnls 011 tlie oroiinds tli<lt the charity IS SlTlci11 (c) Depi"eci'itioii Deprecic1tiOll IS Ccllciilclled so Ic s lo Ii'riie otl" Ilic cosl of<111 clSSCt, less its estiincltecl residiic11 Vc11iic, over Ilie Iisefiil econoinic li fe tor Moloi" VcliiLle ciiid Strc?j(ylit line f.or Ic11 oilier assets. Motor VeliiLIL Miisical Eqliipineiii Otlice Eqiiipinent BiiildiiiLYS 25% 0.5% (cl) Iiiconic Iiicoinc is Ic Ccollllted for 11,hcn received 11.itli tlic e.xceptioii of CJI tl Aid, 11:Iiicli is Ic ccfLied. 2. INCOIWIING IIESOUIICES Uiiresli'iLled Rcslricled I"ol<i1 l-liiids riiii(Is riiii(Is ?0?2 Tot(11 fLiiids ?0?] Titlics 01-leriiiL Doiicllioiis Sclle of Assels Si)ecial Giviiicy s TlicliiksgJiyiii(y IiilcrLsI BiiilcliiiLJ fiiiicl Gifi Aici 145924 21870 9? 2953 ?20 2940 ?8 145924 ?1870 92 2953 2?0 ?940 28 9894 -)0157 1466?0 20820 818 ?970 64 5912 34759 9894 30157 ?04184 9894 ?14078 2119C)3 10
LIVINC WOIII) INI'fiiNAI'IONAL CIIUIICII NGLAND COMI)ANY LIMITf.D IIY GUARANI'r.r. NOTES I'o Tiir riNANCIAL S'l'AI'f.Mf,Nl'S YrAR r.Nl)r,i) 31 MAIICII 2022 3. COSTS IN fuiiTiif.IlANCE or CllARITAIILr 011.Ji,:c"r,s UiirLslriciLcl Iiiicls IlcsiriclL'(I Iiiids "I'olcil l Llll(Is 2022 Totcil Fiiii(Is 2021 Pi"oi;isioii of cli41 I'it:Il)Ic sci"I'iC'C61 Dii"Lcl Expciiscs 166518 740 167258 14612) Aii'i l)'sis of i)I"oi'isioii cli'ii"it'ible sei"I;iccs: Giviii Missioiis Stc1tl" Cost5 Oilicr Costs "rotal 20?2 "1"olc1120?1 Cliiircli 88359 7634 71265 167258 146125 4. MANAGfMf.NT AND ADMINISTIIATION UiirLslriclcd Fiiiicls Ilcstriclecl Fiiiids Tol<11 fiiiicls 202? "Fotc21 Fiiiids ?021 Oflice Cosls AcLoiiiitc1JlC)' fces 2774 450 3??4 2774 450 3?24 3938 450 4388 S. TAXATION LiviiiL) Ivoi'cl Iiilcriic1lioiic11 Cliiii'cli is (1 1.cgj islLI"L(l Llicll'il), 111cI is Ilici'etoi"c e,xciiii)I fi.oiii l i1( l)il il) 10 tl< .X<2li()11 011 ils IIiLoiiie c111(l L<ll)ili( l L)(1jllS.
LIVING WORD INTf.IlNATIONAL CIIUIICII rNGLAND C01I1PANY LIMITfD IIY GIJARANTrE NOTfs TO TFir riNANCIAL STATEMENT.S YrAlI r.Nl)r.D 31 MARC14 2022 6. TOTAL RE.SOURCES ExpfNDED "rot<ol fiin(Is 2022 ot<il fiiii(Is 2021 Sici1"I" Costs DL )rccic1lioii OiliLr Cosls Dii'ecl Cl)Ic fiiic l)le L.xpciiditLifL Mclllc1gyeiiieiil ciiid Adiii i Iiislt'ilioii 88359 14280 64619 3?24 67843 167258 32?4 17048? 146125 4388 150513 88359 14?80 Tlic ' .grcg41te i)'i)Iroll costs Ii'ei"e: 2022 2021 78719 9640 88359 76607 9351 85958 Soc illl Scciii"il)' Cosls c211(1 l)Liisioiis P.1 I"ticii l.) I"s of ciii i)loi'ccs: l-11;0 triistees. Rev Sesil11 Iiiiinciiiiiel-Aiiicl <liid M rs Diiiiii i Liii niclllLiel-A inic Ii'ere I'eiiiiiiierclted for tlieir fill I liiiie role iii Ilie cliiircli iii accorclc111CC Il'itli Ilic provisioiis of tlie clic11'il) s Meino ancl Arliclcs ol" Associcltioii. No otlier triistees received <lll)' Pciyiiieiil or reiinbiirseiiieiit (Iiiriii(y Ilie )'eclr. No eiiiplo)iee eclriied Iiioi'e Ililc 11 £40:000 pcr Ic 111111111. TIIC civerclL?e Iiiiiiiber ot" st<lf"I" eini)lo)'ed bN' tlie cliciril), diiriiig tlic fiiiclllcicil ye<l1" cllllollllted to: 20?2 2021 Total Iiiiiiiber ol" eiiiplo)'ccs Otliei" Costs: -cgci1 c2iicI Pi'o fcssi0111c I Othei"s 450 ?774 4iO 39_38 32?4 4388 7. 01)fiiA"fiNC l)Iiori"r OpLI"cllillLJ prol it is slc2lcd cifiLI' clic11'gY j11(I: ?0?? 2021 I)LI)I'LL icil ioji 14280 8357 12
LIVING WORD INTf,RNATIONAL CIIUIICFI r,NGLAND COMI)ANY LIMITII) 13Y C:UAIIANTr.r NOTES"ro Tllc fiNANC.IAL STATfMfNTS Yr.AR r.Nl)ri) 31 MAIICII 2022 8. TANGIBLr. rixr.i) Assf.T.S Mcclicl & Miisic Incnt oi.ticc ' Iiriiiliirc & ment M()tor VLliiclL Biiilcliii COST At l April ?O?I Addilioiis / Iiiii)r()VLIIILlIts Disi)OSc11s 807917 11000 17422 11000 61604 5594 41916 2175 922437 25191 11000 At 31 Mclrcli ?0?? 807917 1742? 67198 44091 936628 DEPRFCIATION Al l Api'il 2021 Clicl1"gJe foi. tlie YL, Disposcil of cisset 2169 ?169 9532 435() 953? 53497 5043 35504 2712 100702 14280 9532 Al 31 Mc11"cli 2022 4338 4356 58540 38216 105450 Nf.T 1300K VALur Al 31 M<11"cli 20?2 803579 13066 8658 5875 831178 Al 31 McirLlI 2021 805748 1468 8107 6412 8?1735 9. 1)r.13TOIIS 2022 2021 Acci"LILcI IIic(IlllL'/(I I M IIC) l)I'epciyiiieiils/AclvclllLL 6005 918 69?3 4834 901 i735 i (). ciir.i)ITOIIS: Aiiioiii)ts f6illiiiLy (Iiic Ii'itli iii UllL' )'L'd'll' ?02? ?021 ALLI'llc11 1527 15?7 1100 1100 13
LIVING NVORD INTfRNATIONAL CIIUIICFI ENGLAND COMPANY LIMITID IIY GUAIIANTr,r NOTES TO TFIE fiNANCIAL STATfMINTS YEAII ENDED 31 tWlAIICII 2022 I i. Iir.si"IllCTr.i) ruNDS 31 Mclrch 2022 l A I'll 20?1 Iiicoiniii Oiit BiiildiiiLI fiiiid 288?98 288?98 9894 9894 740 740 297452 297452 12. ANALYSIS or NET ASSET (behi'cei) I"esti"icte(1 <incl 111) restrictecl fu11(Is) rixecl Assets Otlicr Nel Assets Tot<i1 Ilestricied l-linds Uiirestricted l-liiids 297452 533726 831178 2974)2 2J3682 531134 300044 300044 13. RfLATf.D PAIITY TRANSACTIONS No rel<iiecl i)<?I"Iy Ii"cl11.SclCtioiis look pl<1ce diiriiigy tlie )'ecl1". 14. LIMITATION or LIAIIILITY "I"Iic cliiircli is a COlllPcl11)' l iiii iiecl b), L)Illc flc Iilce. It is gyi11( 1'<iiilL'ccI l))1 Ilie Iiieiiibci"s <iiicI Ilie l ilc bil il), is l iiii iled lo £ l O pei. Iiieiiibei.. Ai Ilie cllc le of. Ilicse clccoiiiils. tlie f ive (lii'ccloi's Ii'L'I"e Ilie oli l), Iiieiii l)ei's. 14
LIVING NVORI) JNTfRNATIONAL CIIUIICH r.NGLAND C()NI1)ANY LIMITED BY GUARANTfE DL'fAILII) STATIMINT or riNANCIAL ACTIVITirs Yr.All fNDf.D 31 MAIICF12022 ?022 2021 INCOlWIr. I'iiliLS Oftci'jiiLys SpLCicil Giviiigj's "I"liciiiksLJ IV Illg l)rotil 011 Disposcil of" AssL'Is Doiicllioiis IiilLI"Lsl 011 AcLoiiiil BiiildiiiL? Fiiiicl 145924 21870 2?0 2940 2953 92 28 9894 146620 20820 420 2550 818 64 5912 Gilt Aid 30157 34759 TOTAL INCOMr. 214078 211963 C14ARITAIILE EXI)I=, NI)ITuiir Mortl?(ioe 22800 88359 23595 8i9i8 l)riiiliiigy <l11(I Si<1lioiici')' Cc1tci"iiigJ (iiicl Tecl I ILIIIS Gills Wel t.are (t3eiievoleiice) Hoiiorciriiiiii Mi.SSiOllcl1"y "I'iiliLS Reiil "I clcplioiiL: Iiilci"IlLt ciiicl NVcl)silL Doiicili oiis Deprecicllioii l)ccorclti01i/13LI i l(1 j Ii¢i I"ravel & Accoiniiiocl<l1i()11 Ti'aiiiingy & Coiifci"Liices C<ll' RLllllI i Iigi/-I"I clllSI)()I"I C()sls IISllJ'1c lice Ilep<iirs/ Fl li'e of i-qiiii)Iiiciil Mii%ic/Clioii" r.xJ)LIISLS 869 2189 537 2313 1550 1500 900 496 714 ?54) 17iO 4812 13JO 14?80 11593 404 6? 5103 28)5 1776 4344 9iO 8357 6391 2719 2876 989 4926 167258 2890 146125
LIVING WOIID INTfRNATIONAL CFIURCII NGLANI) COMPANY LIMITfD IIY GUARANTr.r. DfTAILfi) STATf.MfNT or riNANCIAL ACTIVITirs Coiitiiiiie(I YrAlI r.Nl)ri) 31 MARCII 2022 2022 2021 IWIANAGEIWIENT AND ADlkllNSITRATinN Adiiiiiiislrcilioii Posicl(JL CoiiipiiLLI' Softll cl1"L & Accs Suiidr), L.XPLIlSLS 490 25 841 1338 80 450 491 30 1485 1833 99 450 Accoiiiitclllc): FLLS Pi"olcSSiOllcl1 fLLS 3224 4388 TOTIIL r,XPENDITUIIE 170482 150513 NET INcOlING RESOURCES roil TFIE YEAII 43595 61450 16