## **LIVING WATERS CHURCH SOUTH TYNESIDE** 

TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 

The trustees present their report together with the financial statements of the charity for the year ended 31st December 2021. 

## **OBJECTS OF THE CHARITY** 

The principal activities of the company are to advance the Christian faith, to relieve sickness and financial hardship, to promote and preserve good health and to advance education. 

## **TRUSTEES** 

The trustees who served during the year were: 

Elizabeth Graham Smith Kenneth David Cooper Harold Edward Gandy David Schofield June Schofield Sheila Olsen Mavis Thirkell Samuel Smith 

## REVIEW OF DEVELOPMENTS, ACTIVITIES AND ACHIEVEMENTS 2021. 

## CHURCH 

The church was under COVID government guidelines until March 2021 

The hall hire facilities offered by the church were depleted by the Covid pandemic and social distancing. Following government relaxing of the Covid rules these hall hires did pick up later in 2021. The church attendance over the course of the year averaged 48 in person plus extra joining us on our live stream. Monthly it was found that there were significant deviations in the attendance due to ongoing outbreaks of Covid amongst the congregation. However, there were strong levels of engagement with our small groups which were held on zoom. 

The church Breakfast Club was closed due to Covid until the month of July2021. Profits from this established outreach are used to support in part the Indian orphanage in Machilipatnam The church continues to partner with United Christian Gospel Association in Machilipatnam in South East India, the orphanage which is run by Pastor Emmanuel Pedapudi was set up as a result of the area being devastated by the tsunami of 2004 which affected the area resulting in a large number of children being orphaned.  The orphanage continues to take in orphans from the lowest caste levels who would normally be considered as untouchable. The orphanage also provides educational facilities helping to improve the outlook of those who come through the doors.  The church continues to support Compassion U.K. by helping 4 children financially who live in El Salvador. The church continues to financially support a family working on Mercy Ships a Christian charity which brings lifesaving surgery and hope, love and mercy to families in Africa and other parts of the world. 

## MULTI MEDIA 

The Living Waters Church multi-media and website continues to embrace the latest technology as it works to meet the needs of our church members and visitors across their many ministries and projects. The use of the online admin software (I-KNOW) is continued to be used for attendance tracking, ticketing for events, podcasts and recording member details. This has helped to improve the communication with the members of the church as to all that is going on. The church service continues to be seen on the YouTube platform and as a result the church camera technology has been updated. 

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This allows us to share the Good News of the Christian faith with a larger audience as well as continuing to inspire and equip those members of the church unable to make the services in person. 

## CHURCH CONFERENCE 

The church conference 2021 was a pre-recorded event due to Covid. Dr. John Andrews preached via a recording on a theme of _STAND FIRM._ This was watched concurrently by 45 streams on YouTube and was received positively. 

## YOUTH IN THE CHURCH 

During the year the Boys Brigade/Girls Association restarted in person under COVID guidelines having previously met on Zoom. 

The church annual kids holiday club did not take place due to COVID however Kids church was relaunched in September under the banner of Lighthouse Kids. 

## **CLOSE COMPANY PROVISIONS** 

In the opinion of the trustees, the charity is a close company within the meaning of S414 Income and Corporation Taxes Act 1988 (as amended). 

Signed on behalf of the trustees 


Mr. H E Gandy 

Approved by the trustees on  September 26[th] 2022. 

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## **LIVING WATERS CHURCH SOUTH TYNESIDE** 

## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED �� DECEMBER ���� 

|N��e�<br>**INCOME**<br>I�c��e a�d e�d���e��� f����<br>V�l���a�� I�c��e<br>C�llec�i���<br>D��a��i��� a�d g�a���<br>R��f a��eal<br>Ac�i�i�ie� f�� ge�e�a�i�g f��d�<br>C�ffee �h��<br>B�eakfa�� cl�b<br>O�he� ��adi�g ac�i�i�ie�<br>Recei��� f��� Ch��ch ac�i�i�ie�<br>Hi�e �f hall<br>**To�al**<br>**EXPENDITURE**<br>E��e�di���e ���<br>Cha�i�able ac�i�i�ie�<br>S������ c����<br>�<br>Gif�� a�d d��a�i���<br>C���� �f ac�i�i�ie�<br>G��e��a�ce c����<br>�<br>**To�al**<br>**T�an�fe�� be��een f�nd�**<br>**NET INCOME��EXPENDITURE�**<br>**FOR THE PERIOD**<br>**RECONCILIATION OF FUNDS�**<br>F��d� b���gh� f���a�d<br>**To�al f�nd� ca��ied fo��a�d**|U��e���ic�ed<br>f��d�<br>�<br>������<br>�����<br>�<br>�<br>�<br>���<br>�����<br>������<br>������<br>�����<br>�<br>���<br>������<br>�����<br>�����<br>������<br>������|Re���ic�ed<br>f��d�<br>�<br>���<br>������<br>�<br>�<br>�����<br>������<br>�<br>������<br>������<br>�����<br>���<br>�<br>������<br>�������<br>������<br>�������<br>�������|T��al F��d�<br>�<br>������<br>������<br>�<br>�<br>�����<br>������<br>�����<br>������<br>������<br>�����<br>���<br>���<br>������<br>�<br>������<br>�������<br>�������|P�i�� �e�i�d<br>f��d�<br>�<br>������<br>�����<br>�<br>���<br>���<br>�����<br>�����<br>������<br>������<br>�����<br>���<br>���<br>������<br>�<br>�����<br>�������<br>�������|
|---|---|---|---|---|



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## **LIVING WATERS CHURCH SOUTH TYNESIDE** 

## BALANCE SHEET 

AS AT �� DECEMBER ���� 

|No�e�<br>**FIXED ASSETS**<br>�<br>**CURRENT ASSETS**<br>Deb�o��<br>�<br>Ca�h a� bank and in hand<br>**CREDITORS� Amo�n� falling d�e �i�hin one �ea�**<br>�<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**CREDITORS� Amo�n� falling d�e af�e� one �ea�**<br>**TOTAL NET ASSETS OR LIABILITIES**<br>**FUNDS OF THE CHARITY**<br>�<br>Re���ic�ed income f�nd�<br>Un�e���ic�ed f�nd�<br>**TOTAL FUNDS**|�<br>�����<br>������<br>������<br>������|To�al f�nd�<br>�<br>�������<br>������<br>�������<br>������<br>�������<br>�������<br>������<br>�������|P�io� �ea�<br>f�nd�<br>�<br>�������<br>�����<br>�����<br>�����<br>�����<br>�����<br>�������<br>������<br>�������<br>�������<br>������<br>�������|
|---|---|---|---|



The com�an� �a� en�i�led �o e�em��ion f�om a�di� �nde� ���� of �he Com�anie� Ac� ���� �ela�ing �o �mall com�anie�� 

The membe�� ha�e no� �e��i�ed �he com�an� �o ob�ain an a�di� in acco�dance �i�h �ec�ion ��� of �he Com�anie� Ac� ����� 

The di�ec�o�� ackno�ledge �hei� �e��on�ibili�ie� fo� com�l�ing �i�h �he �e��i�emen�� of �he Com�anie� Ac� �i�h �e��ec� �o acco�n�ing �eco�d� and �he ��e�a�a�ion of acco�n��� 

The�e acco�n�� ha�e been ��e�a�ed in acco�dance �i�h �he ��o�i�ion� a��licable �o �mall com�anie� ��bjec� �o �he �mall com�anie� �egime and in acco�dance �i�h FRS��� SORP� 

The�e acco�n�� �e�e a���o�ed b� �he �����ee� on ���h Se��embe� ���� and a�e �igned on �hei� behalf b�� 

M�� S Smi�h 

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## **LIVING WATERS CHURCH SOUTH TYNESIDE** 

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED �� DECEMBER ���� 

## **�� ACCOUNTING POLICIES** 

## **Ba�i� �f ��e�a�a�i��** 

The fi�a�cial ��a�e�e��� ha�e bee� ��e�a�ed ��de� �he hi����ical c��� c���e��i�� a�d i� acc��da�ce �i�h �he S�a�e�e�� �f Rec���e�ded P�ac�ice� Acc����i�g a�d Re����i�g b� Cha�i�ie� ��e�i�ed ������ �he Fi�a�cial Re����i�g S�a�da�d f�� S�alle� E��i�ie� �effec�i�e A��il ����� a�d a��licable acc����i�g ��a�da�d�� 

## **C���a�� ��a���** 

The cha�i�� i� a c���a�� li�i�ed b� g�a�a��ee� �hich �a� i�c�����a�ed �� �� Se��e�be� ����� The �e�be�� �f �he c���a�� a�e �he �����e�� �a�ed �� �age �� I� �he e�e�� �f �he cha�i�� bei�g ����d ��� �he liabili�� i� �e��ec� �f �he g�a�a��ee i� li�i�ed �� �� �e� �e�be� �f �he cha�i��� 

## **I�c��i�g Re����ce�** 

I�c��i�g �e����ce� a�e i�cl�ded i� �he S�a�e�e�� �f Fi�a�cial Ac�i�i�ie� �he� �he cha�i�� bec��e� e��i�led �� �he i�c��e� 

## **F��d Acc����i�g** 

U��e���ic�ed f��d� a�e a�ailable f�� �he f���he�a�ce �f �he ge�e�al �bjec�i�e� �f �he cha�i��� Re���ic�ed f��d� a�e ��bjec� �� �e���ic�i��� �� �hei� e��e�di���e i����ed b� �he d���� �� �h���gh �he �e��� �f a� a��eal� 

## **Fi�ed A��e��** 

The a��e�� ��a��fe��ed f��� Li�i�g Wa�e�� Ch��ch ���i�� �� i�c�����a�i��� ha�e bee� �h��� a� �hei� ��igi�al c��� �� �hi� ��e�i��� cha�i�� ��ge�he� �i�h �he a���cia�ed de��ecia�i��� 

De��ecia�i�� ha� bee� ����ided a� �he f�ll��i�g �a�e� i� ��de� �� ��i�e �ff �he a��e�� �� �hei� a��ici�a�ed �e�id�al �al�e ��e� �hei� e��i�a�ed ��ef�l li�e�� 

P���e��� �� ���aigh� li�e R��f ���ea�� ��ee ���e ��� Office e��i��e�� ��� �ed�ci�g bala�ce Fi����e� a�d fi��i�g� ��� �ed�ci�g bala�ce 

## **�� SUPPORT COSTS** 

|Hea�� ligh� a�d �a�e�<br>I����a�ce<br>Tele�h��e<br>Re�ai��<br>Sala�ie� a�d e��l��e��� NI<br>C��fe�e�ce� a�d ��ai�i�g<br>G�e�� ��eake��<br>S�a�i��e��� b��k� a�d ���ic<br>S�b�c�i��i���<br>Child ����ec�i�� clea�a�ce<br>Ba�k cha�ge�<br>E��i��e�� �e��al<br>O�he��<br>De��ecia�i��<br>De��ecia�i�� � R��f ��ee ���e ���|����<br>U��e���ic�ed<br>�<br>�����<br>�����<br>���<br>�����<br>������<br>���<br>��<br>�����<br>���<br>��<br>���<br>�����<br>�����<br>**������**|����<br>Re���ic�ed<br>�<br>�����<br>���<br>**������**|����<br>U��e���ic�ed<br>�<br>�����<br>�����<br>���<br>�����<br>������<br>���<br>���<br>�����<br>���<br>���<br>�����<br>���<br>�����<br>**������**|����<br>Re���ic�ed<br>�<br>�����<br>���<br>**������**|
|---|---|---|---|---|



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## **LIVING WATERS CHURCH SOUTH TYNESIDE** 

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED �� DECEMBER ���� 

## **�� GOVERNANCE** 

|I�de�e�de�� e�a�i�e�� fee�|����<br>�<br>���|����<br>�<br>���|
|---|---|---|



## **�� TRUSTEES REMUNERATION** 

M�� S S�i�h �a� e��l��ed d��i�g �he �ea� a�d hi� �e���e�a�i�� �a� ������������ ��������� 

## **�� TAXATION** 

All i�c��e a�d gai�� a�e a��lied �� �he cha�i�able �bjec�� a�d �he�e i� �he�ef��e �� cha�ge �� C�����a�i�� Ta�� 

## **�� TANGIBLE FIXED ASSETS** 

|F�eeh�ld La�d<br>a�d B�ildi�g�<br>�<br>C���� b���gh� f���a�d<br>�������<br>De��ecia�i�� b���gh� f���a�d<br>�������<br>Addi�i��� � O�he�<br>�����<br>Addi�i��� � R��f<br>�<br>De��ecia�i�� f�� �he �e�i�d � O�he�<br>������<br>De��ecia�i�� f�� �he �e�i�d � R��f ��ee ���e ���<br>���<br>Ne� b��k �al�e a� �� Dece�be� ����<br>�������<br>Ne� b��k �al�e a� �� Dece�be� ����<br>�������<br>**�� DEBTORS� AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>I�c��e �a� �ec��e�able<br>P�e�a��e���<br>O�he� deb����|Fi����e� a�d<br>Fi�i�g�<br>�<br>������<br>������<br>�<br>�����<br>�����<br>�����|Office<br>E��i��e��<br>�<br>������<br>������<br>���<br>���<br>�����<br>���<br>����<br>�<br>���<br>���<br>�<br>�����|T��al<br>�<br>�������<br>�������<br>�����<br>�<br>������<br>���<br>�������<br>�������<br>����<br>�<br>���<br>���<br>�<br>�����|
|---|---|---|---|



## **�� CREDITORS� AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Acc��al�<br>Ta�a�i�� a�d ��cial �ec��i��<br>O�he� c�edi����|����<br>�<br>�<br>���<br>������<br>������|����<br>�<br>�<br>���<br>�����<br>�����|
|---|---|---|



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## **LIVING WATERS CHURCH SOUTH TYNESIDE** 

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED �� DECEMBER ���� 

## **�� ANALYSIS OF NET ASSETS BETWEEN FUNDS** 

|**F��d bala�ce� a� �� Dece�be� ���� �e��e�e��ed b��**<br>Ta�gible fi�ed a��e��<br>C���e�� a��e��<br>C���e�� liabili�ie�<br>L��g �e�� liabili�ie�|U��e���ic�ed<br>F��d�<br>�<br>������<br>������<br>������<br>������<br>������|Re���ic�ed<br>F��d�<br>�<br>�������<br>�����<br>�������<br>������<br>�������<br>������<br>�������|T��al<br>�<br>�������<br>������<br>�������<br>������<br>�������<br>������<br>�������|
|---|---|---|---|



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## **Inde�enden� e�amine�'� �e�o�� on �he acco�n��** 

|**Sec�ion A**<br>**Inde�enden� E�amine��� Re�o��**|**Sec�ion A**<br>**Inde�enden� E�amine��� Re�o��**|
|---|---|
|**Re�o�� �o �he �����ee�/**<br>**membe�� of**<br>**On acco�n�� fo� �he �ea�**<br>**ended**<br>**Se� o�� on �age�**<br>**Re��on�ibili�ie� and**<br>**ba�i� of �e�o��**|L����� W����� C����� S���� T�������<br>31 D������� 2021<br>**Cha�i�� no**<br>**(if an�)**<br>1139119<br>3 - 7<br>I ������ �� ��� �������� �� �� ����������� �� ��� �������� �� ��� �����<br>������� (���� T�����) ��� ��� ���� �����**31 / 12 / 2021**.<br>A� ��� �������'� ��������, ��� ��� ����������� ��� ��� ����������� �� ���<br>�������� �� ���������� ���� ��� ������������ �� ��� C�������� A�� 2011<br>(���� A���).|



I ������ �� ������� �� �� ����������� �� ��� T������ �������� ������� ��� ����� ������� 145 �� ��� 2011 A�� ��� �� �������� ��� �� �����������, I ���� �������� ��� ��� ���������� D��������� ����� �� ��� C������ C��������� ����� ������� 145(5)(�) �� ��� A��. 

**Inde�enden�** I ���� ��������� �� �����������.  I ������� ���� �� �������� ������� ���� **e�amine�'� ��a�emen�** ���� �� �� ��������� �� ���������� ���� ��� ����������� ����� ����� �� ����� �� ������� ���� ��, ��� �������� �������: 

- ��� ���������� ������� ���� ��� ���� �� ���������� ���� ������� 130 �� ��� C�������� A��; �� 

- ��� �������� ��� ��� ������ ���� ��� ���������� �������; �� 

- ��� �������� ��� ��� ������ ���� ��� ���������� ������������ ���������� ��� ���� ��� ������� �� �������� ��� ��� �� ��� C�������� (A������� ��� R������) R���������� 2008 ����� ���� ��� ����������� ���� ��� �������� ���� � ����� ��� ����� ���� ����� �� ��� � ������ ���������� �� ���� �� �� ����������� �����������. 

I ���� �� �������� ��� ���� ���� ������ �� ����� ������� �� ���������� ���� ��� ����������� �� ����� ��������� ������ �� ����� �� ���� ������ �� ����� �� ������ � ������ ������������� �� ��� �������� �� �� �������. 

|**Signed:**<br>**Name:**<br>**Rele�an� ��ofe��ional**<br>**��alifica�ion(�) o� bod�**<br>**(if an�):**<br>**Add�e��:**|**Da�e:**<br>Andrew McCullough|11th October 2022|
|---|---|---|
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||A����� M�C�������||
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||C�������� I�������� �� M��������� A���������� (CIMA)||
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||92 B��� B��� R���, J�����, T��� ��� W���. NE32 5AT||



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