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2020-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2020 Period start date to 31/12/2020 Period end date

Charity name: Rivers of Life Church

Charity registration number: 1115184

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The Trust seeks to demonstrate the
Christian faith in action by being a
church in the Oxford area. Jesus Christ
taught us to “Love God with all our
heart, mind, soul and strength and to
love our neighbour as ourselves”. Our
first focus is therefore on prayer and
praise to God and secondly on loving
one another and serving the local
**community. **
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
Holding regular Church meetings and
also meals together to which we invite
neighbours. Working with single parent
families and the elderly in the area. The
project to build the local community
with regular breakfast gatherings in
different areas of Oxford, which we
reported on in 2018, is being maintained
and we held regular breakfasts as well as
other regular events to bring people
together. We still give ongoing support
to a children’s homes in South America.
We have developed a working
relationship with a church in Vellore,
India, helping them with their Children’s
home and relief of the poor.
--Due to Covid-19, after April 2020 we
have suspended any in person gatherings
and moved them online in most cases,
except when government guidelines
have allowed us to either meet in groups
of six outdoors, or with social distancing
measures indoors.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 We currently don’t do any grant making
and therefore don’t need a policy in
place
Policy on social investment
including program related
investment
Para 1.38 N/A
Contribution made by
volunteers
Para 1.38 None
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 Apart from the regular church meetings,
we wanted to contribute to the sense of
community in the area and invited all
our neighbours to a prayer breakfast.
This started as a pilot scheme on
Edgeway Road, Marston, which has about
100 houses. Around 20 people came to
the first event in September 2007. This
project, called “streetprayer” and
expanded across the city of Oxford and
elsewhere. More information can be
found on the website
www.streetprayer.org This has
developed into a new project called
“New Marston Hub” whereby we are
encouraging neighbours to get together
for meals and to find things they can
share such as home grown produce, lifts,
etc. The meetings have been attended
by local councillors and neighbourhood
police, who are very supportive. Other
activities include working with young
people, visiting retirement homes,
family camp and working with single
parent families. More recently (since
late 2014) we have become involved in
trying to help the integration of the East
Timorese community in Oxford, the
majority of whom have arrived in the
last fiveyears. They are said to number

about 3000. In 2015 we started regular free English lessons for them, and other immigrants have since joined these. UPDATE 2020: The English lessons continue to be carried out online due to the Covid-19 pandemic, they are particularly thriving, with people from many nationalities regularly attending, especially East Timorese, Chinese, Pakistani and various European. We’ve found there is a great need and believe that this activity is helping to give more social adhesion in the city. We are supported by the council who have assigned workers to help. There is a great need for more teachers to volunteer.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 We don’t set specific objectives.
Performance of fundraising
activities against objectives
set
Para 1.41 We haven’t undertaken any fund raising
Investment performance
against objectives
Para 1.41 We are continuing to invest £1000 per
month into a building fund.
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 We are very solid financially and have
increased our investment by over
£12,000 during the year.
Statement explaining the
policy for holding reserves
statingwhy they areheld
Para 1.22 The reserves are held to build up a
deposit for buying a building
Amount of reserves held Para 1.22 Over £96,000 as af 31.12.20
Reasons for holding zero
reserves
Para 1.22 N/A
Details of fund materially in
deficit
Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 N/A

Additional information (optional) You may choose to include further statements where relevant about: Offerings given by members of the church The charity’s principal sources of funds (including Para 1.47 any fundraising) N/A Investment policy and objectives including any Para 1.46 social investment policy adopted None A description of the principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Governed by a trust deed dated 14th Feb
2006
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Church, unincorporated association
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Selected by other trustees and
confirmed by members at the AGM
Additional information (optional)
You may choose to include further statements
where relevant about:
Policies and procedures
adopted for the induction
and training of trustees
Para 1.51 Training of the accounts team by
Stewardship Services
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 Independent church working together
with other churches in Oxford and
abroad.
Relationship with any
related parties
Para 1.51 None
Other

Reference and Administrative details

Charity name Rivers of Life
Other name the charity uses
Registered charity number 1115184
Charity’s principal address 123 Edgeway RoadOxfordOX3 0HF

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
Marcus Frind
Roberts
Chairman &
Secretary
David John
McCulloch
Stephen John
Gibbs
Stephen David
Roberts
Assistant secretary

Corporate trustees – names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the None charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Marcus Roberts Stephen Roberts


Chairman
Assistant secretary
17/05/2021
17/05/2021

RIVERS OF LIFE CHURCH

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Charity Number 1115184

1

RIVERS OF LIFE CHURCH

REPORTS AND ACCOUNTS

YEAR ENDED 31 DECEMBER 2020

CONTENTS PAGE
Legal and administrative details 3
Independent Examiner’s report to the trustees 4
Receipts and Payments Account 5
Statement of Assets and Liabilities 6
Notes to the Accounts 7-8

2

RIVERS OF LIFE CHURCH

FOR THE YEAR ENDED 31 DECEMBER 2020

LEGAL & ADMINISTRATIVE DETAILS

ADDRESS FOR CORRESPONDENCE 123 Edgeway Road Marston Oxford OX3 0HF GOVERNING DOCUMENT Declaration of Trust dated 14 February 2006 CHARITY REGISTRATION NUMBER 1115184

TRUSTEES RESPONSIBLE FOR MANAGING Marcus Frind Roberts THE CHARITY David John McCulloch Stephen John Gibbs Stephen David Roberts

BANKERS

The Co-operative Bank Kingdom Bank Limited

INDEPENDENT EXAMINER Sheila Parry FCCA SPX Oxford Ltd Peace House Paradise Street Oxford OX1 1ND

3

RIVERS OF LIFE CHURCH

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

RIVERS OF LIFE CHURCH

YEAR ENDED 31 DECEMBER 2020

I report on the accounts of the charity for the year ended 31 December 2020 which are set out on pages 5 to 8.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider than an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 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 matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met; or

Sheila Parry FCCA 15 October 2021 Date …………………………………………

4

RIVERS OF LIFE CHURCH

RECEIPTS AND PAYMENTS ACCOUNTS YEAR ENDED 31 DECEMBER 2020

Notes
Income receipts
Donations, legacies and
grants
Income from charitable
activities
Interest received
Payments
Payments in relation to
charitable activities
undertaken directly
2
Grants paid in relation to
charitable activities
undertaken by others
3
Net receipts / payments
before transfers
Transfers between funds
5
Net movement in funds
Cash funds as at last year
end
Cash funds as at this year
end
General
Funds
£
37,521
-
90
37,610
10,648
10,287
20,935
16,675
- 12,000
4,675
42,600
47,275
Designated
Funds
£
-
-
333
333
-
-
-
333
12,000
12,333
74,208
86,541
Restricted
Funds
£
6,106
-
-
6,106
2,371
4,240
6,611
- 506
-
- 506
10,491
9,985
Total
2020
£
43,626
-
422
44,049
13,020
14,527
27,547
16,502
-
16,502
127,299
143,801
Total
2019
£
42,585
890
531
44,006
23,788
12,084
35,872
8,134
-
8,134
119,165
127,299

The notes on pp5-6 form part of these accounts.

5

RIVERS OF LIFE CHURCH

STATEMENT OF ASSETS AND LIABILITIES 31 DECEMBER 2020

A Cash Funds
Held at Bank
Kingdom Bank 12 month
savings bond
B Other monetary assets
Gift Aid due to charity
C Liabilities
Accounts preparation
and independent
examination 2020
Accounts preparation
and independent
examination 2019
D Assets retained for
charity's own use
Equipment
General
Funds
£
36,659
10,616
47,275
33,349
33,349
720
720
1,440
Designated
Funds
£
86,541
-
86,541
-
-
-
-
-
Restricted
Funds
£
9,985
-
9,985
-
-
-
-
-
Total
2020
£
133,185
10,616
143,801
33,349
33,349
720
720
1,440
Total
2019
£
116,772
10,526
127,298
23,156
23,156
720
-
720
Current
value
£
5,000
5,000

These accounts were approved by the trustees and are signed on their behalf by:

Trustee: Stephen David Roberts Date: ……24/09/2021….

6

RIVERS OF LIFE CHURCH

NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2020

1. ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared on a receipts and payments basis and comprise a statement that shows the charity’s receipts and payments, a statement that summarises the charity’s assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a ‘true and fair’ view and, as these receipts and payments account have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (an are not intended to present) a ‘true and fair’ vie of the charity’s financial activities and state of affairs.

Cash accounting records

The cash previously held by the charity was banked early in this financial year and now all receipts and payments are processed through the bank accounts.

2. PAYMENTS IN RELATION TO CHARITABLE ACTIVITIES UNDERTAKEN DIRECTLY

Rent for hire of halls
Streetprayer ministry
Gulshat
Travel & Conferences
Church office
Minor equipment
Insurance
Sunday school, Children's
Camp
Copyright Licenses and
professional fees
Church meals
Other costs
General
Funds
£
2,330
-
-
155
4,452
952
235
157
2,350
16
-
10,648
Designated
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
444
1,927
-
-
-
-
-
-
-
-
2,371
Total
2020
£
2,330
444
1,927
155
4,452
952
235
157
2,350
16
-
13,020
Total
2019
£
9,460
500
2,391
1,958
3,945
729
-
283
4,022
460
39
23,787

7

RIVERS OF LIFE CHURCH

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020

3. GRANTS PAID IN RELATION TO CHARITABLE ACTIVITIES UNDERTAKEN BY OTHERS

Grants for:
Organisations:
Evangelical Church in
Reus, Spain
Children's home, Garupa
Argentina
India
Economic help to church in
Argentina
Other evangelical churches
in Spain
Organisations < £1,000
Individuals
General
Funds
£
917
-
-
2,033
3,974
3,363
-
10,287
Designated
Funds
£
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
1,920
2,320
-
-
-
-
4,240
Total
2020
£
917
1,920
2,320
2,033
3,974
3,363
-
14,527
Total
2019
£
6,445
3,654
-
-
-
1,985
-
12,084

4. TRANSACTIONS WITH RELATED PARTIES

The charity had no employees in 2020 (2019: nil).

Mr Roberts, a trustee, had costs of £nil (2019: £786).

5. MOVEMENT ON FUNDS

Designated funds
Property fund
Restricted funds
Gulshat Fund
Street Prayer
Children's Home Fund
Other
Unrestricted General Funds
Balance
at 1 Jan
2020
£
74,208
74,208
9,529
772
190
-
10,491
42,601
Receipts
£
333
333
-
1,400
1,990
2,716
6,106
37,610
Payments
£
-
-
- 1,927
- 444
- 1,920
- 2,320
- 6,611
- 20,935
Transfers
£
12,000
12,000
-
-
-
-
-
- 12,000
Balance
at 31 Dec
2020
£
86,541
86,541
7,602
1,728
2,180
396
9,986
47,276

8

RIVERS OF LIFE CHURCH

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Charity Number 1115184

1

RIVERS OF LIFE CHURCH

REPORTS AND ACCOUNTS

YEAR ENDED 31 DECEMBER 2020

CONTENTS PAGE
Legal and administrative details 3
Independent Examiner’s report to the trustees 4
Receipts and Payments Account 5
Statement of Assets and Liabilities 6
Notes to the Accounts 7-8

2

RIVERS OF LIFE CHURCH

FOR THE YEAR ENDED 31 DECEMBER 2020

LEGAL & ADMINISTRATIVE DETAILS

ADDRESS FOR CORRESPONDENCE 123 Edgeway Road Marston Oxford OX3 0HF GOVERNING DOCUMENT Declaration of Trust dated 14 February 2006 CHARITY REGISTRATION NUMBER 1115184

TRUSTEES RESPONSIBLE FOR MANAGING Marcus Frind Roberts THE CHARITY David John McCulloch Stephen John Gibbs Stephen David Roberts

BANKERS

The Co-operative Bank Kingdom Bank Limited

INDEPENDENT EXAMINER Sheila Parry FCCA SPX Oxford Ltd Peace House Paradise Street Oxford OX1 1ND

3

RIVERS OF LIFE CHURCH

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

RIVERS OF LIFE CHURCH

YEAR ENDED 31 DECEMBER 2020

I report on the accounts of the charity for the year ended 31 December 2020 which are set out on pages 5 to 8.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider than an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 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 matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met; or

Sheila Parry FCCA 15 October 2021 Date …………………………………………

4

RIVERS OF LIFE CHURCH

RECEIPTS AND PAYMENTS ACCOUNTS YEAR ENDED 31 DECEMBER 2020

Notes
Income receipts
Donations, legacies and
grants
Income from charitable
activities
Interest received
Payments
Payments in relation to
charitable activities
undertaken directly
2
Grants paid in relation to
charitable activities
undertaken by others
3
Net receipts / payments
before transfers
Transfers between funds
5
Net movement in funds
Cash funds as at last year
end
Cash funds as at this year
end
General
Funds
£
37,521
-
90
37,610
10,648
10,287
20,935
16,675
- 12,000
4,675
42,600
47,275
Designated
Funds
£
-
-
333
333
-
-
-
333
12,000
12,333
74,208
86,541
Restricted
Funds
£
6,106
-
-
6,106
2,371
4,240
6,611
- 506
-
- 506
10,491
9,985
Total
2020
£
43,626
-
422
44,049
13,020
14,527
27,547
16,502
-
16,502
127,299
143,801
Total
2019
£
42,585
890
531
44,006
23,788
12,084
35,872
8,134
-
8,134
119,165
127,299

The notes on pp5-6 form part of these accounts.

5

RIVERS OF LIFE CHURCH

STATEMENT OF ASSETS AND LIABILITIES 31 DECEMBER 2020

A Cash Funds
Held at Bank
Kingdom Bank 12 month
savings bond
B Other monetary assets
Gift Aid due to charity
C Liabilities
Accounts preparation
and independent
examination 2020
Accounts preparation
and independent
examination 2019
D Assets retained for
charity's own use
Equipment
General
Funds
£
36,659
10,616
47,275
33,349
33,349
720
720
1,440
Designated
Funds
£
86,541
-
86,541
-
-
-
-
-
Restricted
Funds
£
9,985
-
9,985
-
-
-
-
-
Total
2020
£
133,185
10,616
143,801
33,349
33,349
720
720
1,440
Total
2019
£
116,772
10,526
127,298
23,156
23,156
720
-
720
Current
value
£
5,000
5,000

These accounts were approved by the trustees and are signed on their behalf by:

Trustee: Stephen David Roberts Date: ……24/09/2021….

6

RIVERS OF LIFE CHURCH

NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2020

1. ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared on a receipts and payments basis and comprise a statement that shows the charity’s receipts and payments, a statement that summarises the charity’s assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a ‘true and fair’ view and, as these receipts and payments account have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (an are not intended to present) a ‘true and fair’ vie of the charity’s financial activities and state of affairs.

Cash accounting records

The cash previously held by the charity was banked early in this financial year and now all receipts and payments are processed through the bank accounts.

2. PAYMENTS IN RELATION TO CHARITABLE ACTIVITIES UNDERTAKEN DIRECTLY

Rent for hire of halls
Streetprayer ministry
Gulshat
Travel & Conferences
Church office
Minor equipment
Insurance
Sunday school, Children's
Camp
Copyright Licenses and
professional fees
Church meals
Other costs
General
Funds
£
2,330
-
-
155
4,452
952
235
157
2,350
16
-
10,648
Designated
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
444
1,927
-
-
-
-
-
-
-
-
2,371
Total
2020
£
2,330
444
1,927
155
4,452
952
235
157
2,350
16
-
13,020
Total
2019
£
9,460
500
2,391
1,958
3,945
729
-
283
4,022
460
39
23,787

7

RIVERS OF LIFE CHURCH

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020

3. GRANTS PAID IN RELATION TO CHARITABLE ACTIVITIES UNDERTAKEN BY OTHERS

Grants for:
Organisations:
Evangelical Church in
Reus, Spain
Children's home, Garupa
Argentina
India
Economic help to church in
Argentina
Other evangelical churches
in Spain
Organisations < £1,000
Individuals
General
Funds
£
917
-
-
2,033
3,974
3,363
-
10,287
Designated
Funds
£
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
1,920
2,320
-
-
-
-
4,240
Total
2020
£
917
1,920
2,320
2,033
3,974
3,363
-
14,527
Total
2019
£
6,445
3,654
-
-
-
1,985
-
12,084

4. TRANSACTIONS WITH RELATED PARTIES

The charity had no employees in 2020 (2019: nil).

Mr Roberts, a trustee, had costs of £nil (2019: £786).

5. MOVEMENT ON FUNDS

Designated funds
Property fund
Restricted funds
Gulshat Fund
Street Prayer
Children's Home Fund
Other
Unrestricted General Funds
Balance
at 1 Jan
2020
£
74,208
74,208
9,529
772
190
-
10,491
42,601
Receipts
£
333
333
-
1,400
1,990
2,716
6,106
37,610
Payments
£
-
-
- 1,927
- 444
- 1,920
- 2,320
- 6,611
- 20,935
Transfers
£
12,000
12,000
-
-
-
-
-
- 12,000
Balance
at 31 Dec
2020
£
86,541
86,541
7,602
1,728
2,180
396
9,986
47,276

8