## **Trustees Annual Report for the Period 1[st] April 2020/ 31[st] March 2021**
## **Charity Number** 1137479
**Principle Address:**
Liverpool One Church 144 Richmond Row, Liverpool L3 3BL
**Contact** contact@liverpoolonechurch.com
## **Trustees:**
Luke Bryant (Chair) David Stitcher (Treasurer) Wayne Palmer Felice Illume Craig Graham
## **Governance**
## 1. Board of Trustees
The governance of the charitable and financial aspects of the church is undertaken by the Board of Trustees (listed above.)
## 2. Church Leadership Team
The functional leadership of the church’s responsibilities are undertaken by the senior pastoral leaders, supported by departmental heads (principally volunteers with a small number of employed staff.)
The Board includes a member of the senior pastoral leadership to ensure alignment with the Church’s stated objectives.
## **Charity Objectives**
## Principal Objectives (as defined in the Charity’s Model Deed)
- To advance the Christian faith with a focus on the great city of Liverpool
- To relieve sickness and financial hardship and to promote and preserve good health with a focus on the great city of Liverpool
- To advance education with a focus on the great city of Liverpool
## Main Activities
- Conducting church services for the advancement of the Christian Faith and encouraging the inclusion of “ **EveryOne.”**
- Providing a relevant and welcoming 21[st] century church environment to encourage people to discover the Christian faith
- Small Group attendance to develop strong interpersonal relationships within the church
- Volunteer participation in one of the many teams which, support the advancement of the church
- Age specific activities to encourage growth in the young person’s aspects of the church
## **Achievements Financial Year 2020/21**
- Along with the rest of the world, this has been a year like no other for the Church due to the impact of Covid. The 1[st] lockdown in the UK started 1 week before this financial year commenced and affected us for the whole of the year in a number of ways. For most of the year we were unable to hold physical ‘in person services’ and had to adapt how we communicated God’s message to the congregation. Initially church was delivered by a means of a 20minute recorded message uploaded to you tube using 1 camera from Luke & Emma’s kitchen but this evolved into the current position which is a full service delivered live on-line all round the world. To accomplish this, we have invested tens of thousands of pounds into a professional level broadcasting suite and learned the necessary skills to utilise the necessary equipment.
- When we have been able to meet in person, physical attendance has been restricted by government restrictions such as social distancing and mask wearing and by those who have been reluctant to mix in large groups.
- We have also had to adapt our other activities with Life Groups, Young People and children’s ministries being held on Zoom.
- The activities related to women’s ministry have also been held on Zoom.
- The church has continued to support several community-based projects with financial giving being provided in the form of support to those providing thousands of meals to those in need in our city.
.
- The church building acquired in FY 16/17 has been further developed to accommodate growth in in a multi-use environment. Building enhancements and technology upgrades are continuous to facilitate this use and we now have our own broadcasting suite.
- We would repeat the statements made in last year’s report regardingCOVID-19 and the effect it has had on our church and community.
- Firstly, we want to express sympathy to those in our church and wider community who have lost loved ones to COVID-19. Our thoughts and prayers are with you. Secondly, we want to give thanks for and to those from our church family who have served so diligently and bravely in the front line in the NHS, Police Service, Social Services or any other role. You are true heroes.
- Thirdly we want to thank our worship, media and tech volunteers and anyone else who has given up their time and helped to produce our online services whilst church has been closed for services. This has proved to be incredibly successful with services being watched all around the planet.
Fourthly a massive thanks to all who have continued to support our work with financial giving whilst we have been unable to hold services. Your support has enabled us to support our local community.
Finally, we would say that LOC will bounce back from COVID-19 and services will resume as soon as we are allowed to re-open and they will be live streamed on the internet so our new found global friends can continue to worship with us.
## **Financial Review**
- Financial Sourcing is principally provided by the generous giving of the church’s congregation. This is supplemented, where applicable by Gift Aid provisions under the HMRC scheme.
- The Board encourages an appropriate use of a reserves policy
- to enable future growth (most likely in increased premises.) This policy has been successfully evidenced in the ability to purchase Richmond Row in FY 16/17. Reserves from previous giving were used to enable rapid and favourable purchase terms. It is envisaged that with current growth and future projections further facilities development will be required in the next 2-5 years.
- Financial Governance is derived from monthly Board of Trustees review. These reviews incorporate the following standing activities:
- Financial income, expenditure Current debt and reserves
Cash Balance and cashflow projections Departmental budgetary reviews
Future planned activities and financial impact
- Review of FY20/21
Income for the financial year reduced(2%) in real terms to £313,670 when compared to the previous financial year. The like for like comparison of regular giving continues to show consistent growth in giving which is our sole source of operating revenues. The expenditure in FY20/21 facilitated a larger surplus than in previous years which has been used to establish a broadcasting suite of professional standard. Key areas of expenditure are in balance against income and in line with the charity’s stated objectives except for Charitable Giving and Youth and Kids which were lower than planned and mortgage payments which appear higher due to our lower overall expenditure:
- The charity has sufficient short and mid-term reserves and income projections to fund its key activities, in the current environment. Further developments will be funded by growth and increased giving.
## **Statutory Provisions**
- Given the nature of the church’s activities with children and young adults, ongoing annual Safe Guarding training is provided to all key personal and volunteers and also use of DBS checks is mandated for people involved for key people serving in these areas.
- Since moving into its own premises, the church has also adopted formal policies for fire, first aid response and threat, via a Safety Response Team which includes professional medics and serving Police officers.
- With the introduction of the GDPR regulations in May 2018 the church took proactive steps to ensure compliance with these data protections measures.
## **Statutory Declarations**
It is confirmed that by the Trustees that there have been no serious incidents during the financial year. Therefore, there are no incidents that should have been reported to the Commission but were not.
## **Thanks**
The church leadership and trustees would like to extend their gratitude to the many volunteers who give of their time, energy and finances to make possible the continued growth of the church and it’s increasing impact on the community.
## **Declaration**
The trustees declare that they have approved the trustees’ report above Signed on behalf of the charity’s trustees
Signed:
Luke Bryant (Chair of Trustees and Senior Pastor)
Date:
**LOC 2020-2021 Accounts**
|**INCOME**|**2020/2021**|**EXPENDITURE**|**2020/2021**|
|---|---|---|---|
|Gift Aid Income|165,401|Braveheart|3,312|
|Non-Gift Aid giving|97,248|Salaries and tax|47,599|
|Gift Aid Received|49,480|Hospitality and Food|5,834|
|Other Income|1,541|||
||313,670|Charitable giving|7,742|
|||Ministry & Pastoral costs|12,338|
|||Miscellaneous|5,185|
|||Young Adults ministry|1,257|
|||Kids ministry|2,020|
||
|Utilities|14,433|
|||Accountancy fees|1127|
|||Levy/Network|1092|
|||Operating costs|37,082|
Building 18,335
Surplus 156,413
**157,257**
## **Total Expenditure**
**LOC Balance Sheet Balance Sheet 31/03/2021** Building at cost 350,000 Refurbishment 456,410 Investment in Trading co 40,640 Fixed assets 147,082 Debtors 0 Bank Account 75,660 Total assets 1,069,792
Creditors 0 Long term loans 380,174 Net Assets 689,618
1069,792
## **Trustees Annual Report for the Period 1[st] April 2020/ 31[st] March 2021**
## **Charity Number** 1137479
**Principle Address:**
Liverpool One Church 144 Richmond Row, Liverpool L3 3BL
**Contact** contact@liverpoolonechurch.com
## **Trustees:**
Luke Bryant (Chair) David Stitcher (Treasurer) Wayne Palmer Felice Illume Craig Graham
## **Governance**
## 1. Board of Trustees
The governance of the charitable and financial aspects of the church is undertaken by the Board of Trustees (listed above.)
## 2. Church Leadership Team
The functional leadership of the church’s responsibilities are undertaken by the senior pastoral leaders, supported by departmental heads (principally volunteers with a small number of employed staff.)
The Board includes a member of the senior pastoral leadership to ensure alignment with the Church’s stated objectives.
## **Charity Objectives**
## Principal Objectives (as defined in the Charity’s Model Deed)
- To advance the Christian faith with a focus on the great city of Liverpool
- To relieve sickness and financial hardship and to promote and preserve good health with a focus on the great city of Liverpool
- To advance education with a focus on the great city of Liverpool
## Main Activities
- Conducting church services for the advancement of the Christian Faith and encouraging the inclusion of “ **EveryOne.”**
- Providing a relevant and welcoming 21[st] century church environment to encourage people to discover the Christian faith
- Small Group attendance to develop strong interpersonal relationships within the church
- Volunteer participation in one of the many teams which, support the advancement of the church
- Age specific activities to encourage growth in the young person’s aspects of the church
## **Achievements Financial Year 2020/21**
- Along with the rest of the world, this has been a year like no other for the Church due to the impact of Covid. The 1[st] lockdown in the UK started 1 week before this financial year commenced and affected us for the whole of the year in a number of ways. For most of the year we were unable to hold physical ‘in person services’ and had to adapt how we communicated God’s message to the congregation. Initially church was delivered by a means of a 20minute recorded message uploaded to you tube using 1 camera from Luke & Emma’s kitchen but this evolved into the current position which is a full service delivered live on-line all round the world. To accomplish this, we have invested tens of thousands of pounds into a professional level broadcasting suite and learned the necessary skills to utilise the necessary equipment.
- When we have been able to meet in person, physical attendance has been restricted by government restrictions such as social distancing and mask wearing and by those who have been reluctant to mix in large groups.
- We have also had to adapt our other activities with Life Groups, Young People and children’s ministries being held on Zoom.
- The activities related to women’s ministry have also been held on Zoom.
- The church has continued to support several community-based projects with financial giving being provided in the form of support to those providing thousands of meals to those in need in our city.
.
- The church building acquired in FY 16/17 has been further developed to accommodate growth in in a multi-use environment. Building enhancements and technology upgrades are continuous to facilitate this use and we now have our own broadcasting suite.
- We would repeat the statements made in last year’s report regardingCOVID-19 and the effect it has had on our church and community.
- Firstly, we want to express sympathy to those in our church and wider community who have lost loved ones to COVID-19. Our thoughts and prayers are with you. Secondly, we want to give thanks for and to those from our church family who have served so diligently and bravely in the front line in the NHS, Police Service, Social Services or any other role. You are true heroes.
- Thirdly we want to thank our worship, media and tech volunteers and anyone else who has given up their time and helped to produce our online services whilst church has been closed for services. This has proved to be incredibly successful with services being watched all around the planet.
Fourthly a massive thanks to all who have continued to support our work with financial giving whilst we have been unable to hold services. Your support has enabled us to support our local community.
Finally, we would say that LOC will bounce back from COVID-19 and services will resume as soon as we are allowed to re-open and they will be live streamed on the internet so our new found global friends can continue to worship with us.
## **Financial Review**
- Financial Sourcing is principally provided by the generous giving of the church’s congregation. This is supplemented, where applicable by Gift Aid provisions under the HMRC scheme.
- The Board encourages an appropriate use of a reserves policy
- to enable future growth (most likely in increased premises.) This policy has been successfully evidenced in the ability to purchase Richmond Row in FY 16/17. Reserves from previous giving were used to enable rapid and favourable purchase terms. It is envisaged that with current growth and future projections further facilities development will be required in the next 2-5 years.
- Financial Governance is derived from monthly Board of Trustees review. These reviews incorporate the following standing activities:
- Financial income, expenditure Current debt and reserves
Cash Balance and cashflow projections Departmental budgetary reviews
Future planned activities and financial impact
- Review of FY20/21
Income for the financial year reduced(2%) in real terms to £313,670 when compared to the previous financial year. The like for like comparison of regular giving continues to show consistent growth in giving which is our sole source of operating revenues. The expenditure in FY20/21 facilitated a larger surplus than in previous years which has been used to establish a broadcasting suite of professional standard. Key areas of expenditure are in balance against income and in line with the charity’s stated objectives except for Charitable Giving and Youth and Kids which were lower than planned and mortgage payments which appear higher due to our lower overall expenditure:
- The charity has sufficient short and mid-term reserves and income projections to fund its key activities, in the current environment. Further developments will be funded by growth and increased giving.
## **Statutory Provisions**
- Given the nature of the church’s activities with children and young adults, ongoing annual Safe Guarding training is provided to all key personal and volunteers and also use of DBS checks is mandated for people involved for key people serving in these areas.
- Since moving into its own premises, the church has also adopted formal policies for fire, first aid response and threat, via a Safety Response Team which includes professional medics and serving Police officers.
- With the introduction of the GDPR regulations in May 2018 the church took proactive steps to ensure compliance with these data protections measures.
## **Statutory Declarations**
It is confirmed that by the Trustees that there have been no serious incidents during the financial year. Therefore, there are no incidents that should have been reported to the Commission but were not.
## **Thanks**
The church leadership and trustees would like to extend their gratitude to the many volunteers who give of their time, energy and finances to make possible the continued growth of the church and it’s increasing impact on the community.
## **Declaration**
The trustees declare that they have approved the trustees’ report above Signed on behalf of the charity’s trustees
Signed:
Luke Bryant (Chair of Trustees and Senior Pastor)
Date:
**LOC 2020-2021 Accounts**
|**INCOME**|**2020/2021**|**EXPENDITURE**|**2020/2021**|
|---|---|---|---|
|Gift Aid Income|165,401|Braveheart|3,312|
|Non-Gift Aid giving|97,248|Salaries and tax|47,599|
|Gift Aid Received|49,480|Hospitality and Food|5,834|
|Other Income|1,541|||
||313,670|Charitable giving|7,742|
|||Ministry & Pastoral costs|12,338|
|||Miscellaneous|5,185|
|||Young Adults ministry|1,257|
|||Kids ministry|2,020|
||
|Utilities|14,433|
|||Accountancy fees|1127|
|||Levy/Network|1092|
|||Operating costs|37,082|
Building 18,335
Surplus 156,413
**157,257**
## **Total Expenditure**
**LOC Balance Sheet Balance Sheet 31/03/2021** Building at cost 350,000 Refurbishment 456,410 Investment in Trading co 40,640 Fixed assets 147,082 Debtors 0 Bank Account 75,660 Total assets 1,069,792
Creditors 0 Long term loans 380,174 Net Assets 689,618
1069,792
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examlner's Report
Report to the trustee
members of
Liverpool One Church
On accounls for the year
ended
3151 March 2021
Charity no
(if any)
1137479
Set out on pages
I report to the trustees on my èxaminalion of the accounts of the above
charity I'lhe Trust'l for th8 y&ar ended 3110312021.
Responsibilitie8 and
basis of report
As the charity's trustees. you are responsible for the preparation ol the
accounts in accordance with the iequirements of the Charities Act 2011
{"Ihe Act").
I report in respecl ol my examination of the Trusl's accounts carfied OLrt
under section 145 of the ?011 Act and in -arrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 14515)Ib) of the Act.
Independent The charity's gross income exceeded £250,000 and l am qualified lo
examlner's statement undertake Ihe examination by being a qualified member of Associalion of
Chartered Certified Accountants.
I have completed my examination. I confirm that no material matters have
come to my attention in connection with Ihe examination (other than thal
disclosed below ') which gives me cause to believe that in, any material
respect..
the accounting r&cords were not kept in accordanc8 Wlth section 130
of Ihe Charities Act., or
the accounts did nol accord wilh the accounting records,. or
the accounts did nol comply with the applicable requirements
concerning the lorm and content of accounts sel out in the Charities
(Accounts and Reports} Regulations 2008 other than any requiremenl
that the accounts give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection
with the examination lo which attention should be drawn in Ihis report in
ordeT lo enable a proper understanding of the accounts to be reached.
Slgned:
Date:
2410212022
Name:
Joanne Stanhope
Relevant professlonal
qualification(sl or body
Associalion of Chartered Certified Accountants
IER
Oct 2018
{If any):
Address:
1 Pye Road, Heswall, Wirral, CH60 ODB
Section B
Disclosure
Only complete il the examiner needs lo highlight material matters of concern
(see CC32, Independent examination of charrty accounts.. directions and
guidance for examiners).
Glve here brlel delalls of
any Items that Ihe
examiner wishes to
disclose.
IER
Oct 2018