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2021-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2021 Period start date to 31/12/2021 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 the occasional
breakfast gatherings is being
maintained and we held a
community breakfast in May 2022
as well as brunch to welcome new
students in September 2022. We
still give ongoing support to a
children’s home in Argentina. We
have developed a working
relationship with a church in
Vellore, India, helping them with
their Children’s home and relief
of the poor.
Since the start of the war in
Ukraine, we have been
contributing to humanitarian aid,
through a contact in a church in
Chervonohrad, near Lviv, Ukraine.
Statement confirming
whether the trustees
have had regard to the
guidance issued by the
Para 1.18

Charity Commission on public benefit

Additional information (optional)

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You may choose to include further statements where relevant about:
SORP reference
We currently don’t do any grant
Para 1.38 making and therefore don’t need
Policy on grant making a policy in place
Para 1.38
Policy on social N/A
investment including
program related
investment
None
Para 1.38
Contribution made by
volunteers
Other
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Achievements and Performance

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SORP reference
Regular church meetings on
Sundays and Tuesdays is the main
focus of the church. During the
Summary of the main Para 1.20 beginning of 2021, there were
achievements of the entirely online but during the
charity, identifying the spring, we started meeting
difference the charity’s together again in person. Since
work has made to the then, Tuesday gatherings have
circumstances of its been held in different venues
beneficiaries and any around the county.
wider benefits to society Apart from the regular church
as a whole. 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
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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 five years. They are said to number about 3000. In 2015 we started regular free English lessons for them, and other immigrants have since joined these. 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)

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You may choose to include further statements where relevant about:
We don’t set specific objectives.
Achievements against Para 1.41
objectives set
We haven’t undertaken any fund
raising
Performance of
fundraising activities Para 1.41
against objectives set
We are continuing to invest
£1000 per month into a building
Investment performance Para 1.41 fund.
against objectives
Other
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Financial Review

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Review of the charity’s Para 1.21 We are very solid financially and
financial position at the have increased our investment by
end of the period over £12,000 during the year.
Statement explaining Para 1.22 The reserves are held to build up
the policy for holding a deposit for buying a building
reserves stating why
they are held
Amount of reserves held Para 1.22 Over £109,344 as at 31.12.21
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a
going concern
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 Para 1.47
(including any
fundraising)
N/A
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
None
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing Para 1.25 Governed by a trust deed dated
document 14 [th] Feb 2006
(trust deed, royal
charter)
How is the charity Para 1.25 Church, unincorporated
constituted? association
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Selected by other trustees and
methods including confirmed by members at the
details of any AGM
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
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Additional information (optional)

----- Start of picture text -----
You may choose to include further statements where relevant about:
Training of the accounts team by
Stewardship Services
Policies and procedures Trustees attended safeguarding
adopted for the Para 1.51 training from Thirtyone:eight.
induction and training of The course was called
trustees “SAFEGUARDING FOR TRUSTEES”
Independent church working
together with other churches in
The charity’s Oxford and abroad.
organisational structure Para 1.51
and any wider network
with which the charity
works
None
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details

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

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

----- Start of picture text -----
Trustee name Dates acted if not for
whole year
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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 None for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

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) Marcus Roberts Stephen Roberts ee Position (eg Chairman Assistant secretary Secretary, Chair, etc) ee Date 28/10/2022 |

RIVERS OF LIFE CHURCH

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

Charity Number 1115184

1

RIVERS OF LIFE CHURCH REPORTS AND ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

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 2021

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 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 2021

I report on the accounts of the charity for the year ended 31 December 2021 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:

have not been met; or

Sheila Parry FCCA

Date …………………………………………

4

RIVERS OF LIFE CHURCH RECEIPTS AND PAYMENTS ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

Notes
Income receipts
Donations, legacies and grants
Gift Aid receipts
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
4
Net movement in funds
Cash funds as at last year end
Cash funds as at this year end
General
Funds
£
45,673
7,400
20
37
53,130
10,752
8,963
19,715
33,415
- 19,844
13,571
47,275
60,846
Designated
Funds
£
-
-
-
151
151
-
-
-
151
12,000
12,000
86,541
98,692
Restricted
Funds
£
5,908
-
-
-
5,908
-
8,993
8,993
- 3,085
7,844
4,759
9,985
14,744
Total
2021
£
51,581
7,400
20
188
59,189
10,752
17,956
28,708
30,481
-
30,481
143,801
174,282
Total
2020
£
43,627
-
-
422
44,049
13,020
14,527
27,547
16,502
-
16,502
127,299
143,801

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

5

RIVERS OF LIFE CHURCH

STATEMENT OF ASSETS AND LIABILITIES 31 DECEMBER 2021

General General Designated Restricted Total Total Total
Funds Funds Funds 2021 2020
£ £ £ £ £ £ £
A Cash Funds
Held at Bank 50,193 98,692 14,744 163,629 133,185
Kingdom Bank 12 month savings
bond
10,653 - - 10,653 10,616
60,846 98,692 14,744 174,282 143,801
B Other monetary assets
Gift Aid due to charity 35,726 - - 35,726 33,349
35,726 - - 35,726 33,349
C Liabilities
Accounts preparation and
independent examination 720 720 - - 720 720 -
2021
Accounts preparation and
independent examination - - - - 720
2020
Accounts preparation and
independent examination - - - - 720
2019
720 - - 720 1,440

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

Trustee: Stephen Roberts Date: ……25/10/2022….

6

RIVERS OF LIFE CHURCH NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

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
General
Funds
Designated
Funds
Restricted
Funds
£
£
£
Rent for hire of halls
1,924
-
-
Streetprayer ministry
-
-
-
Gulshat
-
-
-
Travel & Conferences
-
-
-
Church office
6,499
-
-
Minor equipment
1,909
-
-
Insurance
-
-
-
Sunday school, Children's
Camp
173
-
-
Copyright Licenses and
professional fees
247
-
-
Church meals
-
-
-
Other costs
-
-
-
10,752
-
-
Total
2021
£
1,924
-
-
-
6,499
1,909
-
173
247
-
-
10,752
Total
2020
£
2,330
444
1,927
155
4,453
952
235
157
2,351
16
-
13,020

7

RIVERS OF LIFE CHURCH

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2021

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

Grants for:
Organisations:
Evangelical Church in Reus,
Spain
Other evangelical churches in
Spain
Rosa Gonzales
Covid help
Children's home, Garupa
Argentina
Economic help to church in
India
Economic help to church in
Argentina
Organisations < £1,000
General
Funds
£
2,905
3,571
1,450
360
-
-
-
677
8,963
Designated
Funds
£
-
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
-
-
-
-
8,993
-
-
8,993
Total 2021
£
2,905
3,571
1,450
360
-
8,993
-
677
17,956
Total 2020
£
917
3,974
-
-
1,920
2,320
2,033
3,363
14,527

4. TRANSACTIONS WITH RELATED PARTIES

The charity had no employees in 2021 (2020: nil).

There were no payments to related parties (2020: nil).

5. MOVEMENT ON FUNDS

OVEMENT ON FUNDS
Designated funds
Property fund
Restricted funds
Gulshat Fund
Street Prayer
Children's Home Fund
Other
Unrestricted General Funds
Balance
at 1 Jan
2021
£
86,541
86,541
7,601
1,728
260
396
9,985
47,275
Receipts
£
151
151
-
1,660
3,495
753
5,908
53,131
Payments
£
-
-
-
-
-
- 8,993
- 8,993
- 19,715
Transfers
£
12,000
12,000
-
-
-
7,844
7,844
- 19,844
Balance
at 31 Dec
2021
£
98,692
98,692
7,601
3,368
3,755
-
14,745
60,846

8

RIVERS OF LIFE CHURCH

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

Charity Number 1115184

1

RIVERS OF LIFE CHURCH REPORTS AND ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

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 2021

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 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 2021

I report on the accounts of the charity for the year ended 31 December 2021 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:

have not been met; or

Sheila Parry FCCA

Date …………………………………………

4

RIVERS OF LIFE CHURCH RECEIPTS AND PAYMENTS ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

Notes
Income receipts
Donations, legacies and grants
Gift Aid receipts
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
4
Net movement in funds
Cash funds as at last year end
Cash funds as at this year end
General
Funds
£
45,673
7,400
20
37
53,130
10,752
8,963
19,715
33,415
- 19,844
13,571
47,275
60,846
Designated
Funds
£
-
-
-
151
151
-
-
-
151
12,000
12,000
86,541
98,692
Restricted
Funds
£
5,908
-
-
-
5,908
-
8,993
8,993
- 3,085
7,844
4,759
9,985
14,744
Total
2021
£
51,581
7,400
20
188
59,189
10,752
17,956
28,708
30,481
-
30,481
143,801
174,282
Total
2020
£
43,627
-
-
422
44,049
13,020
14,527
27,547
16,502
-
16,502
127,299
143,801

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

5

RIVERS OF LIFE CHURCH

STATEMENT OF ASSETS AND LIABILITIES 31 DECEMBER 2021

General General Designated Restricted Total Total Total
Funds Funds Funds 2021 2020
£ £ £ £ £ £ £
A Cash Funds
Held at Bank 50,193 98,692 14,744 163,629 133,185
Kingdom Bank 12 month savings
bond
10,653 - - 10,653 10,616
60,846 98,692 14,744 174,282 143,801
B Other monetary assets
Gift Aid due to charity 35,726 - - 35,726 33,349
35,726 - - 35,726 33,349
C Liabilities
Accounts preparation and
independent examination 720 720 - - 720 720 -
2021
Accounts preparation and
independent examination - - - - 720
2020
Accounts preparation and
independent examination - - - - 720
2019
720 - - 720 1,440

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

Trustee: Stephen Roberts Date: ……25/10/2022….

6

RIVERS OF LIFE CHURCH NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

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
General
Funds
Designated
Funds
Restricted
Funds
£
£
£
Rent for hire of halls
1,924
-
-
Streetprayer ministry
-
-
-
Gulshat
-
-
-
Travel & Conferences
-
-
-
Church office
6,499
-
-
Minor equipment
1,909
-
-
Insurance
-
-
-
Sunday school, Children's
Camp
173
-
-
Copyright Licenses and
professional fees
247
-
-
Church meals
-
-
-
Other costs
-
-
-
10,752
-
-
Total
2021
£
1,924
-
-
-
6,499
1,909
-
173
247
-
-
10,752
Total
2020
£
2,330
444
1,927
155
4,453
952
235
157
2,351
16
-
13,020

7

RIVERS OF LIFE CHURCH

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2021

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

Grants for:
Organisations:
Evangelical Church in Reus,
Spain
Other evangelical churches in
Spain
Rosa Gonzales
Covid help
Children's home, Garupa
Argentina
Economic help to church in
India
Economic help to church in
Argentina
Organisations < £1,000
General
Funds
£
2,905
3,571
1,450
360
-
-
-
677
8,963
Designated
Funds
£
-
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
-
-
-
-
8,993
-
-
8,993
Total 2021
£
2,905
3,571
1,450
360
-
8,993
-
677
17,956
Total 2020
£
917
3,974
-
-
1,920
2,320
2,033
3,363
14,527

4. TRANSACTIONS WITH RELATED PARTIES

The charity had no employees in 2021 (2020: nil).

There were no payments to related parties (2020: nil).

5. MOVEMENT ON FUNDS

OVEMENT ON FUNDS
Designated funds
Property fund
Restricted funds
Gulshat Fund
Street Prayer
Children's Home Fund
Other
Unrestricted General Funds
Balance
at 1 Jan
2021
£
86,541
86,541
7,601
1,728
260
396
9,985
47,275
Receipts
£
151
151
-
1,660
3,495
753
5,908
53,131
Payments
£
-
-
-
-
-
- 8,993
- 8,993
- 19,715
Transfers
£
12,000
12,000
-
-
-
7,844
7,844
- 19,844
Balance
at 31 Dec
2021
£
98,692
98,692
7,601
3,368
3,755
-
14,745
60,846

8