**REGISTERED COMPANY NUMBER: 07494717 (England and Wales) REGISTERED CHARITY NUMBER: 1140435**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020**
## **FOR**
## **CONSOLIDATED ALIVE CHURCH LINCOLN**
**CONSOLIDATED ALIVE CHURCH LINCOLN**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 9|
|**Report of the Independent Auditors**|10 to 11|
|**Statement of Financial Activities**|12|
|**Balance Sheet**|13|
|**Cash Flow Statement**|14|
|**Notes to the Cash Flow Statement**|15|
|**Notes to the Financial Statements**|16 to 26|
|**Detailed Statement of Financial Activities**|27 to 28|
**CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717)**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2020**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects contained in the Memorandum of articles for Alive Church Lincoln are as follows:
- The advance of the Christian faith
- The relief of persons who are in need, hardship, distress or who are aged or sick.
- The advancement of education in accordance with Christian principles
## **Social investments**
There are no restrictions on the charity's power to invest. However the Trustees do not consider it to be in line with the objectives of the charity to be investing funds at this time.
The charity's objects and principal activities are the advancement of the Christian faith in accordance with the Memorandum and Articles, the worship of God in the county of Lincolnshire and elsewhere by any means whatsoever including (but not by way of limitation) the preaching and proclamation of the Christian gospel and the teaching of Christian doctrine and principles, the pastoral care of Christian people, the printing and distribution of the Bible and Christian literature and the relief of persons who are in conditions of need, hardship or distress or who are aged or sick.
The advancement of education on the basis of Christian principles and without prejudice to the generality of the foregoing the provision of such in any educational establishment and if the Trustees so decide the provision of one or more charitable educational establishment for the general education of children or adults on the basis of such Christian principles.
## **Grantmaking**
Grants are given to relating groups and individuals who are involved in missions work both in the UK and overseas. The Trustees delegate responsibility for decisions made on grants made to the Vision Core Team who meet monthly. Two of the Trustees are also members of this Team. A report is made to the Trustees three times a year.
## **Volunteers**
The charity has a large team of volunteers without whose commitment of time the charity could not operate. The value of services donated by volunteers is not included in the statement of financial activities.
Page 1
**CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2020**
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
## **Training**
Alive Church continued its programme of leadership training through the Leadership Vision Nights and location led leadership training.
Alive Church started a 1 year leadership training school in September 2018. This part-time academy equips future leaders in their personal, spiritual and leadership development. From September 2019 - June 2020 16 students were enrolled on the course.
## **Weekend Services**
Alive Church holds nine services across its seven locations.
## **Multi-Site**
Alive Church is one Church in many locations and at this point comprises of the following: Lincoln
Hykeham Grantham Scunthorpe Norwich Wymondham Newark
Over 1,200 people attend services at these 7 locations on a weekly basis.
## **Christmas and Easter**
Christmas services attracted over 1000 people and Easter 1000 people. These figures are the total attendance over the Christmas and Easter weekends.
## **Connect Groups**
Members and attendees of Alive have a small group system operating mid-week for pastoral care, discipleship, bible study, prayer and local mission. Over 600 are registered as participants of connect groups.
## **Youth**
The Alive youth meetings continued during the year.
## **ONE EVENT**
Members of Alive church provided a large group that served at the ONE event held on the Lincolnshire Showground. They served as speakers, youth workers and leaders, children's workers and leaders, worship team members and leaders, stewards etc.
## **Students**
The student congregation at Alive continued to meet at the Alive Church Lincoln. Their meetings averaged around 100 in attendance during the year.
## **Acts Trust**
The Community Charity set up by Alive Church continued to grow and expand. The activities related to ACTS (ACTS oversees the activities on behalf of the Church effectively) include Foodbank, which is a foodstore that feeds struggling low-income families, Restore projects, that help people build capacity, CAP centre and CAP job club helping people struggling with debt management and gaining suitable employment.
ACTS Trust also runs the Energize scheme for young people which gives them experience of working with young people in schools and summer scheme setting. Part of their programme is a study track taught by the pastors of Alive Church.
## **Alive Enterprises**
The Limited Company that provides services for and on behalf of Alive Church as a social enterprise continued to oversee the running of Alive Church's bookshop, conferencing and conferences.
## **Baptism**
In the period stated, Alive Church held several Baptismal Services baptising over 30 people.
Page 2
**CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2020**
## **PUBLIC BENEFIT**
The trustees consider that the activities undertaken by Alive Church provide a public benefit to those who are members of the fellowship and those in the wider community of Lincolnshire and we have referred to the guidance contained in the Charity Commission's general guidance on public benefit and complied with section 17(5) of the 2011 Charities Act when reviewing our aims and objective.
## **Weekend Services**
Alive Church holds weekend services across seven locations, Lincoln, Scunthorpe, Grantham, North Hykeham, Wymondham, Norwich and Newark. These are for the purpose of Public Worship and the Proclamation of the Christian faith.
## **Marriage and Funerals**
Alive Church provides pre-marital counselling for couples intending to get married as well as a full marriage ceremony. It carries out funerals in line with the teachings of the Christian faith and at such time provides services such as pastoral care that are of benefit to bereaving family members.
## **Foodbank etc.**
Alive Church has several activities that are focussed upon relieving hardship and meeting needs. We currently run a Restore Centre that signposts needy and vulnerable people to places within our own organisation and external organisations where they can receive help. Foodbank is a foodstore from which we provide food parcels for families in need. We have seen the demand for this grow during the period.
## **Pastoral Care**
Primarily through its connect group system (small groups that meet in homes) but also through the availability of staff pastors Alive Church is able to provide pastoral care and support for people within the community.
## **Volunteers**
Alive Church provides numerous opportunities for people to volunteer both within the life of the Church and its community activities. In 2019/20 over 800 different people were involved in volunteering through Alive Church's activities.This allows the individual to fulfil their personal desire to help other people.
## **Youth and Children**
Alive Church has a number of young people (over 150) and children (over 150) that are involved in its provision for them.Through the Alive Church programmes they are taught, gain social skills and develop friendships that have proved, for many people who are now adults at Alive Church, to be lifelong, positive and helpful.
## **Legacy**
Alive Church has a thriving community of aged people who meet occasionally for a meal then an age related service.
## **FINANCIAL REVIEW**
## **Reserves policy**
The accounts show Income of £1,346,413 (2019- £1,307,591) and outgoings of £1,251,060 (2019 - £1,188,237). The free reserves at 30 June 2020 stood at £121,784 (2019- £115,129). The financial position remains satisfactory and with good financial management and the support of both the staff and volunteers.
The financial position of the church remains sound showing Income of £1,283,023 (2019- £1,252,657) and outgoings of £1,188,564 (2019- £1,132,640).The free reserves at 30 June 2020 stood at £122,201 (2019- £122,657).
The financial position of Alive Enterprises Limited is considered to be satisfactory, and with the implementation of planned business improvements the financial position is considered to be sound, showing Income of £64,837 (2019£60,209) and outgoings of £63,943 (2019-£60,872).The reserves at 30 June 2020 stood at (£416) (2019- (£1,310)).
The Trustees have reviewed the charity's needs for reserves in line with the guidance issued by the Charity Commission. The principal source of income is from freewill offerings which are received on a weekly basis. The Trustees closely monitor income and expenditure and endeavour to ensure the free reserves amount to one month's running costs.
Page 3
**CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2020**
## **FINANCIAL REVIEW**
## **Going concern**
The accounts have been prepared on a going concern basis. The Trustees have assessed that the Charity is a going concern as despite the impact of Covid-19 the charity expects to generate income and have reserves that enables it to operate for at least a period of twelve months.
Management and Trustees monitor free reserves closely on an ongoing basis and are continuously looking at alternative ways to operate and keep costs to a minimum.
Although weekly donations have reduced Alive Church has managed to reduce costs accordingly and is continuing to receive a significant support from its donors.
The directors have assessed that Alive Enterprises is a going concern as despite the impact of Covid-19 the company expects to generate media income, which alongside its current cash reserves can enables it to operate for at least a period of twelve months.
The Alive Enterprise staffing team has decreased during the year 2020. Due to this decrease and the decreased demand currently for conference hire, Alive Enterprises is currently focusing on the media department. Alive Media has an great opportunity to increase external clients and bring in a source of income for Alive Church with the experience of online video, webinars and websites being increased due to the pandemic.
Alive Church will fund an additional staff member (from the 2021/22 Rise and Build thanksgiving offering) for one year, for the Alive Media department, so that this additional staff member can support the internal media requirements for the Church and also free the creative Directive to source the external work. The forecast for Alive Church income from Alive Enterprises is £15000 based on current projections.
The Trustees of Alive Church are committed to supporting Alive Enterprises over the next 12 months if necessary, however Alive Enterprises is currently in stronger position than it has been over recent years.
Page 4
**CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2020**
## **FUTURE PLANS**
Alive Church will expand in 2021 with the launch of another location into Lincoln. Launching in the middle of October 2020 this location will carry out the activities of the church at a local level in the northern part of the city. Alive Church plans to launch a new location every year. Locations will now consist of communities averaging 120 people per community.
The Leadership structure will continue to be remodelled as we grow. We have a vision to be a church of 5,000 Sunday Attendees before 2025 and therefore our staffing and leadership structure will change to facilitate this. Alive Church is constantly looking to raise up new leaders and plans to identify areas for possible new locations.
Alive Church released the location of Alive Church in Norwich to become its own church in April 2020.
## **COVID-19**
## **Virus control measures and their effects on the operation of Alive Church**
Due to the virus control measures undertaken the full operation of Alive Church moved online from Tuesday 17th March 2020 and will continue for the foreseeable future. From April 2021 we are opening up our Sunday services for gatherings to take place with strict COVID secure guidelines. This will enable some locations to meet in smaller groups socially distanced for 1 hour services.
We decided to operate as locations with communities so that we can pastorally care for the Church at this next season. Locations will contain communities totalling 120 people maximum and then multiple to another community as they grow.
The Alive Church will now operate as follows:
Lincoln Central - 4 Communities Lincoln North (New Location) 2 Communities Lincoln South (previously Hykeham) 3 Communities Grantham 2 Communities from May 2021 Newark - 1 Community Wymondham - 1 Community Gainsborough - 1 Community
Communities will operate as before in 5 core areas during the next season and we will still have an online service/community each week.
1. Sunday Services
2. Connect Groups
3. Youth and Kids Ministries
4. Prayer
5. Love Your Neighbour - Get help, Give Help and Donate
Our Response Plan and Phased return plans will be published on our website.
We ensure all donors have clear giving pathways through electronic means and standing orders.
Alive Church relies upon regular donations as the main source of income.
Currently the two sources of income are Monthly standing order donations (68% of income) and weekly online donations. Monthly standing orders currently have not decreased but have increased by 12%, £4691 from Feb 2020 to March 2021.
Weekly contributions have decreased due to the restrictions on Church services but we have seen the online weekly giving start to increase over the last month in March 2020 - April 2021. The average weekly giving has decreased by £8000 per month. This has been offset by decreasing expenditure where possible due to restrictions on Church Services and utilising the furlough scheme.
A Bank overdraft has been put in place totalling £50,000 incase of a sudden decrease in cash flow.
## **The Role of Volunteers**
Page 5
**CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717)**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 30 JUNE 2020**
Volunteers continue to pray a vital role in the activities of Alive Church. Volunteers are involved in all aspects of the church’s activities. Ranging from;
- leading connect groups (small group online connectivity)
- leading youth and kids ministry (through our website, youtube, social media channels)
- distributing food and aid in all locations through Foodbank
- assisting the local community through prescription deliveries, shopping, pastoral phone calls, assistance to the
- elderly, vulnerable and isolated
- facilitating Sunday Services through our website and youtube
- leading prayer activities
- overseeing our Social Media output
- leading locations and the pastoral care that is being carried out locally
## **Our ability to fundraise**
Above the funds raised from our committed donors, Alive Church continues to apply for grants and funds. Currently the Alive Church Emergency Response Fund is receiving income to be used where the Vision Core Team feel appropriate. We have been successful in small funding grants from the City of Lincoln Council for £5000.
The Rise and Build income for Gainsborough and Alive Lincoln North will not need to be utilised in the new financial year due to less expenditure and the current cash flow predictions.
## **Staff, volunteers and beneficiaries and the implications for the charity’s operations and activities for the coming year**
Alive Church will continue to allow home-working for our staff members during our phased return and have now moved from our office premises in Newland to the Alive Lincoln Central Church building. We have acquired room hire from Ground Level Network who are now occupying the 22 Newland lease which was previously held by Alive Church Lincoln. This office space will enable car parking for certain staff and overflow rooms if required for staff to work from.
Alive Church have agreed to utilise the UK Government’s Job Retention Scheme and furlough a proportion of staff members until September 30th 2021.
Alive Church have developed a phased return plan actioned from April 11th 2021 (earliest possible date).
Alive Church are planning a ‘hybrid’ model of activities for the future by continuing the work that has been happening online and returning to physical space gatherings in COVID-19 secure premises as mentioned above.
## **How the financial and operational effects of the virus and the control measures relating to the virus are affecting the principal risks and uncertainties facing the charity during the reporting period**
Alive Church have seen an increase in Standing Order giving from February 2020 to March 2021. New methods of electronic giving have also been employed which see a steady week on week increase in use. The establishing of an Emergency Response Fund has also enabled an additional income stream into the life of the church.
Operationally Alive Church have decided to enhance the online activities we are carrying out with physical space activities in a phased approach. Work is being carried out to ensure our premises and our policies in regard to their use are COVID-19 secure. The phased plans are based upon us using our premises to 25% of their capacity, but utilising them at different times each week to ensure attendance numbers can be catered for.
## **Impact on the charity’s reserves policy, level of reserves and any change to designated funds set aside for future commitments**
Alive Church has set budgets for 2021/2022 and are confident that we are in the process of creating a larger reserve amount for future operations of the Church. During this last year Alive Church has more than doubled its reserves from £43500 to £100,500.
**The likely impact of the virus control measures and potential duration of the control measures on the future aims and activities of the charity**
Page 6
**CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717)**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2020**
The future aims of the charity remain unchanged for the future. The activities of the charity will adopt a hybrid model of online and physical space activities. There will likely be more connection and meeting through online spaces, more working from home, increased ‘presence’ online and less physical travel. During 2021 as we gather in services more, there will be an increase in income and expenditure which we have recorded on our cash flow templates.
## **The impact of the virus related control measures on any wider network of which the charity is a part and how this affects the charity’s operations**
There is currently no impact on Alive Church with regards to the Ground Level Network. Alive Church Vision Core Team will assess the funding that is given to Ground Level Network in June 2021 once decisions have been made about the Make a Difference One Event funding.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, its memorandum and articles of association , and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and appointment of new trustees**
Alive Church seeks the appointment of new Trustees from within the church. It seeks to identify those considered suitable to provide a balance of skills and strengths.
## **Decision making**
The Trustees make decisions in regard to annual budget setting, staffing of senior positions, salary scales, annual pay reviews.
Steve Campbell and Paul Benger oversee salary reviews on an annual basis.
Annual pay reviews are suggested to Trustees by The Executive Team, the decision to implement is taken by the Trustees. Annual pay increases are suggested in-line with inflation.
The Vision Core Team is comprised of
Stuart Bell Irene Bell Howard Williams Dan Hargreaves Joy Blundell
Decisions related to the vision of the church are delegated to Vision Core Team by the Trustees. The VCT make decisions in regard to new locations, new programs / activities. Decisions regarding new staff members are made at budget setting time. Department leaders make recommendations in-line with their annual budget and Vision Core Team make the decision in regard to any new recruitments.
From September 2020, the Executive Team is comprised of;
Howard Williams Glen Ross Simon Nicoll Emily Podbury Jemma Collins
The Trustees delegate decisions in regard to the daily operation of the church to the Executive Team. The Executive Team make decisions in relation to monthly budgets, day to day management staff (HR), buildings and health and safety.
## **Induction and training of new trustees**
All Trustees are already familiar with the practical work of the charity. On appointment, Trustees are informed of their obligations and the main documents which set out the operational framework of the charity.
Page 7
**CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717)**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2020**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Related parties**
The charity has a trading subsidiary Alive Enterprises Limited which undertakes trading activities on behalf of Alive Church Lincoln and donates its taxable profits to the charity.
ACTS trust is also a company limited by guarantee and undertakes community based projects for the charity.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered Company number** 07494717 (England and Wales)
**Registered Charity number** 1140435
## **Registered office**
Newland LINCOLN LN1 1XG
## **Trustees**
S. A. Campbell Mrs I L Bell S. Bell P. Benger Miss L. Norris Mrs. M. O. Olakunle-Olabode
## **Company Secretary**
P. Benger
## **Auditors**
Smethurst & Co LLP Statutory Auditors 12 Abbey Road GRIMSBY DN32 0HL
## **Bankers**
Yorkshire Bank 11 Smithy Row NOTTINGHAM NG1 3EJ
## **Solicitors**
Andrew & Co., 1 Flavian Road Nettleham Road LINCOLN, LN2 4GR
Lawson Lewis Blakers 11 Hyde Gardens EASTBOURNE East Sussex BN21 4PP
Page 8
**CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2020**
## **REFERENCE AND ADMINISTRATIVE DETAILS Key management**
Stuart Bell Irene Bell Howard Williams Dan Hargreaves Joy Blundell Glen Ross Simon Nicoll
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the directors of Consolidated Alive Church Lincoln for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company's auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
## **AUDITORS**
The auditors, Smethurst & Co LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
- .................................................................... P. Benger - Trustee
Page 9
**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717)**
## **Opinion**
We have audited the financial statements of Consolidated Alive Church Lincoln (the 'charitable company') for the year ended 30 June 2020 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 30 June 2020 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:
- the trustees' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or
- the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
- the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
- the charitable company has not kept adequate accounting records; or
- the financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Page 10
**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717)**
## **Our responsibilities for the audit of the financial statements**
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
## **Use of our report**
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Smethurst & Co LLP Statutory Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 12 Abbey Road GRIMSBY DN32 0HL
Date: .............................................
Page 11
**CONSOLIDATED ALIVE CHURCH LINCOLN**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 30 JUNE 2020**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
4
Direct Charitable Activiies
Other trading activities
3
Other income
**Total**
**EXPENDITURE ON**
Raising funds
5
**Charitable activities**
6
Direct Charitable Activiies
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
21
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
944,275
34,553
66,105
63,557
1,108,490
60,007
1,086,403
1,146,410
(37,920)
35,752
(2,168)
315,036
312,868|Restricted
funds
£
171,484
66,439
-
-
237,923
-
104,650
104,650
133,273
(35,752)
97,521
303,297
400,818|30.6.20
Total
funds
£
1,115,759
100,992
66,105
63,557
1,346,413
60,007
1,191,053
1,251,060
95,353
-
95,353
618,333
713,686|30.6.19
Total
funds
£
1,200,862
34,722
72,007
-
1,307,591
56,506
1,131,731
1,188,237
119,354
-
119,354
498,979
618,333|
|---|---|---|---|---|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 12
## **CONSOLIDATED ALIVE CHURCH LINCOLN (REGISTERED NUMBER: 07494717)**
## **BALANCE SHEET**
## **30 JUNE 2020**
|||||30.6.20|30.6.19|30.6.20|30.6.19|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Consolidated|Consolidated|Total|Total|
|||funds|funds|Total funds|Total funds|funds|funds|
||Notes|£|£|£|£|£|£|
|**FIXED ASSETS**||||||||
|Tangible assets|13|341,842|79,785|421,627|454,049|416,395|447,831|
|Investments||-|-|-|-|1|1|
|||341,842|79,785|421,627|454,049|416,396|447,832|
|**CURRENT ASSETS**||||||||
|Stocks|14|||0|1,704||1,704|
|Debtors|15|48,063|30,880|78,943|50,056|82,042|49,428|
|Cash at bank and in hand||185,329|262,729|448,058|359,242|446,049|361,889|
|||233,392|293,609|527,001|411,002|528,091|413,021|
|**CREDITORS**||||||||
|Amounts falling due within one
year|16|(43858)||(43858)|(50,940)|-39300|(45,431)|
|**NET CURRENT**
**ASSETS/(LIABILITIES)**||189,534|293,609|483,143|360,062|488,791|367,590|
|**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**||531,376|373,394|904,770|814,111|905,187|815,422|
|**CREDITORS**||||||||
|Amounts falling due after more
than one year|17|(191,084)||(191,084)|(195,778)|-191084|(195,778)|
|**NET ASSETS**||340,292|373,394|713,686|618,333|714,103|619,644|
|**FUNDS**|21|||||||
|Unrestricted funds||||312,868|315,036|313,285|316,347|
|Restricted funds||||400,818|303,297|400,818|303,297|
|**TOTAL FUNDS**||||713,686|618,333|714,103|619,644|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The notes form part of these financial statements
Page 13
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. P. Benger - Trustee
The notes form part of these financial statements
Page 13
## **CONSOLIDATED ALIVE CHURCH LINCOLN**
## **CASH FLOW STATEMENT**
||**CASH FLOW STATEMENT**|||
|---|---|---|---|
||**FOR THE YEAR ENDED 30 JUNE**|**2020**||
|||||
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Tax paid
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Net cash used in investing activities
**Cash flows from financing activities**
Loan repayments in year
Interest
Net cash used in financing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**||30.6.20
£
132,055
8,534
140,589
(47,330)
(47,330)
(15,481)
11,038
(4,443)
88,816
359,242
448,058|30.6.19
£
143,645
(5,504)
138,141
(26,275)
(26,275)
(15,560)
11,334
(4,226)
107,640
251,602
359,242|
The notes form part of these financial statements
Page 14
**CONSOLIDATED ALIVE CHURCH LINCOLN**
## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2020**
|**1.**
**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
30.6.20
£
**Net income for the reporting period (as per the Statement of Financial**
**Activities)**
95,353
**Adjustments for:**
Depreciation charges
79,752
Decrease in stocks
1,704
(Increase)/decrease in debtors
(37,421)
Decrease in creditors
(7,333)
**Net cash provided by operations**
132,055
2.
**ANALYSIS OF CHANGES IN NET FUNDS**|30.6.19
£
119,354
35,599
202
2,189
(13,699)
143,645|
|---|---|
||At 1.7.19|Cash flow|At 30.6.20|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|359,242|88,816|448,058|
||359,242|88,816|448,058|
|**Debt**||||
|Debts falling due within 1 year|(4,575)|(251)|(4,826)|
|Debts falling due after 1 year|(195,778)|4,694|(191,084)|
||(200,353)|4,443|(195,910)|
|**Total**|158,889|93,259|252,148|
The notes form part of these financial statements
Page 15
**CONSOLIDATED ALIVE CHURCH LINCOLN**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Preparation of consolidated financial statements Group Financial Statements**
The financial statements consolidate the results of the charity and its wholly owned subsidiary on a line by line basis. The statement of financial activity for the charity has not been included separately as the charity has taken advantage of exemptions in section 408 of the companies act 2006.
The results in the charity itself was a follows
||2020|2019|
|---|---|---|
|surplus/(deficit)|£94,459|£120,017|
## **Changes in accounting policies**
The charity have chaged the way in which the Grantham property improvements are depreciated in line with component accounting.
Previously the Charity recognised depreciation on the improvements made to the Grantham property at 2% Straight line as the useful life of the property is estimated at 50 years.
Improvements made to the Grantham property at purchase and since are now depreciated at 10% Straight Line. The change in policy has resulted in an additional depreciation charge for prior periods of £36,543 in the year.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% Straight Line Fixtures and fittings - 20% Straight Line Computer equipment - 20% Straight Line Motor vehicles - 20% Straight Line
Depreciation is not provided on the original Freehold Property at Newland however property alterations in relation to the courtyard development and other improvements have been depreciated at 10% Straight Line. The Trustees consider that its estimated useful life together with its residual value of the original Freehold Property is such that depreciation is immaterial.
Page 16
**CONSOLIDATED ALIVE CHURCH LINCOLN**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020**
## **1. ACCOUNTING POLICIES - continued**
## **Tangible fixed assets**
The Grantham property is being depreciated at 2% Straight Line, as its useful life is estimated at 50 years. No further major components have been identified in the original cost of the Grantham property that would be material even if combined. Any improvements made to the Grantham property at purchase and since are depreciated at 10% Straight Line.
Fixed assets are not capitalised if they cost less than £500.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The group is exempt from corporation tax on its charitable activities. Any Trading profits generated in Alive Enterprises that are not gifted to Alive church are chargeable to corporation tax.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
## **3.**
|Gifts and donations
**OTHER TRADING ACTIVITIES**
Bookshop
Catering
Hire of facilities
Room hire
Rental income
Media income
Wedding income|30.6.20
£
1,115,759
30.6.20
£
-
13,392
25,682
4,195
3,750
16,761
2,325
66,105|30.6.19
£
1,200,862
30.6.19
£
1,505
10,134
23,835
12,081
5,000
17,550
1,902
72,007|
|---|---|---|
Page 17
**CONSOLIDATED ALIVE CHURCH LINCOLN**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020**
## **4. INCOME FROM CHARITABLE ACTIVITIES**
|Charitable activities
Grants
Grants received, included in the above, are as follows:
City of Lincoln
National Heritage
Lincolnshire County Council
LCF Social Justice
**5.**
**RAISING FUNDS**
**Other trading activities**
Purchases
Staff costs
Rates and water
Telephone
Post and stationery
Insurance
Repairs and renewals
Travel
Sundries
Bank charges
Credit card charges
**6.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Costs
£
Direct Charitable Activiies
886,698|Grant
funding of
activities
(see note
7)
£
107,546||30.6.20
Direct
Charitable
Activiies
£
40,042
60,950
100,992
30.6.20
£
5,000
53,730
400
1,820
60,950
30.6.20
£
19,942
38,390
(1,044)
-
355
425
372
260
715
207
385
60,007
Support
costs (see
note 8)
£
196,809|30.6.19
Total
activities
£
34,722
-
34,722
30.6.19
£
-
-
-
-
-
30.6.19
£
29,948
21,425
-
543
598
428
1,138
-
1,724
239
463
56,506
Totals
£
1,191,053|
|---|---|---|---|---|
Page 18
**CONSOLIDATED ALIVE CHURCH LINCOLN**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020**
## **7. GRANTS PAYABLE**
|Direct Charitable Activiies
The total grants paid to institutions during the year was as follows:
Ground Level
Other Institutions
Betel Britain
Acts Trust
The Tear fund/ Cambodia Partnership
Compassion UK Wymondham
Christians Against Poverty
Ritsona Camp
Community Choir|30.6.20
£
107,546
30.6.20
£
17,800
9,602
-
61,218
12,246
845
2,500
1,025
2,310
107,546|30.6.19
£
90,799
30.6.19
£
18,000
8,414
2,000
56,448
1,039
898
4,000
-
-
90,799|
|---|---|---|
The total grants paid to institutions during the year was as follows:
|**8.**
**SUPPORT COSTS**
Direct Charitable Activiies
**9.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration
Auditors' remuneration for non audit work
Depreciation - owned assets
**10.**
**TRUSTEES' REMUNERATION AND BENEFITS**
Trustees' salaries
Trustees' social security|Governance
Other
costs
£
£
184,392
12,417
30.6.20
£
2,300
9,593
43,209
30.6.20
£
45,541
3,894
49,435|Totals
£
196,809
30.6.19
£
2,300
10,164
35,599
30.6.19
£
45,541
3,944
49,485|
|---|---|---|
The charity's memorandum and articles of association allowing remuneration to be paid to trustees are approved by the charity commission. The following remuneration was paid to the following trustees during the year
|Trustees' salaries
Trustees' social security|£
S.Bell
24,006
2,119
26,125|30.06.2020
30.06.2019
£
£
£
I. Bell
Total
Total
21,535
45,541
45,541
1,775
3,894
3,944
23,310
49,435
49,485|
|---|---|---|
All Trustees salaries relate to employment services provided and are not remuneration for services as Trustees.
Page 19
**CONSOLIDATED ALIVE CHURCH LINCOLN**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020**
## **10. TRUSTEES' REMUNERATION AND BENEFITS - continued**
Included in wages is, £1,000 (2019 - £3,500) paid to P B Services for P Benger consultancy fees and £22,470 (2019 - £22,470) paid to S B Training and Consultancy for S Bell consultancy fees.
Dave Bell son of Lead Pastors of Alive church and Trustees Stuart and Irene Bell was paid total remuneration as employee ( Gross plus social security ) of £16,279 (2019 - £16,193).
Sarah Bell daughter in law of Lead Pastors of Alive church and Trustees Stuart and Irene Bell was paid total remuneration as employee ( Gross plus social security ) of £6,802 (2019 - £3,722).
Glen Ross son in law of Lead Pastors of Alive church and Trustees Stuart and Irene Bell was paid total remuneration as employee ( Gross plus social security ) of £36,422 (2019- £36,208).
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 June 2020 nor for the year ended 30 June 2019.
## **11. STAFF COSTS**
Key management remuneration paid to key management during the year amounts to £223,513 (2019 - £197,587)
The average monthly number of employees during the year was as follows:
## **12.**
|Staff
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
963,825
**Charitable activities**
Direct Charitable Activiies
22,872
Other trading activities
70,811
**Total**
1,057,508
**EXPENDITURE ON**
Raising funds
56,506
**Charitable activities**
Direct Charitable Activiies
986,365
**Total**
1,042,871
**NET INCOME**
14,637
**Transfers between funds**
41,234
**Net movement in funds**
55,871||30.6.20
42
Restricted
funds
£
237,037
11,850
1,196
250,083
-
145,366
145,366
104,717
(41,234)
63,483|30.6.19
37
Total
funds
£
1,200,862
34,722
72,007
1,307,591
56,506
1,131,731
1,188,237
119,354
-
119,354|
|---|---|---|---|
|||||
|||||
|||||
|||||
Page 20
**CONSOLIDATED ALIVE CHURCH LINCOLN**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020**
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**
**13.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 July 2019
Additions
At 30 June 2020
**DEPRECIATION**
At 1 July 2019
Charge for year
Prior period adjustment
At 30 June 2020
**NET BOOK VALUE**
At 30 June 2020
At 30 June 2019
**COST**
At 1 July 2019
Additions
At 30 June 2020
**DEPRECIATION**
At 1 July 2019
Charge for year
Prior period adjustment
At 30 June 2020
**NET BOOK VALUE**
At 30 June 2020
At 30 June 2019||Unrestricted
funds
£
259,165
315,036
Freehold
property
£
1,014,239
22,511
1,036,750
640,071
12,954
36,543
689,568
347,182
374,168
Motor
vehicles
£
12,428
-
12,428
6,664
2,486
-
9,150
3,278
5,764||Restricted
funds
£
239,814
303,297
Plant and
machinery
£
262,461
16,276
278,737
216,819
18,958
-
235,777
42,960
45,642
Computer
equipment
£
62,049
1,729
63,778
52,658
3,427
-
56,085
7,693
9,391||Total
funds
£
498,979
618,333
Fixtures
and
fittings
£
150,629
6,814
157,443
131,545
5,384
-
136,929
20,514
19,084
Totals
£
1,501,806
47,330
1,549,136
1,047,757
43,209
36,543
1,127,509
421,627
454,049|
|---|---|---|---|---|---|---|
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
Page 21
**CONSOLIDATED ALIVE CHURCH LINCOLN**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020**
|**14.**
**STOCKS**
Stocks
**15.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
Tax
**16.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 18)
Trade creditors
Social security and other taxes
Other creditors
**17.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans (see note 18)
**18.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Grantham Loan account
Amounts falling due between two and five years:
Grantham Loan account
Amounts falling due in more than five years:
Repayable by instalments:
Grantham loan account|30.6.20
£
-
30.6.20
£
3,489
55,850
19,604
78,943
30.6.20
£
4,826
1,333
12,212
25,487
43,858
30.6.20
£
191,084
30.6.20
£
4,826
22,187
168,897|30.6.19
£
1,704
30.6.19
£
6,554
15,364
28,138
50,056
30.6.19
£
4,575
1,753
12,545
32,067
50,940
30.6.19
£
195,778
30.6.19
£
4,575
21,035
174,743|
|---|---|---|
Page 22
**CONSOLIDATED ALIVE CHURCH LINCOLN**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020**
## **19. LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
||30.6.20|30.6.19|
|---|---|---|
||£|£|
|Within one year|10,000|34,140|
|Between one and five years|-|10,000|
||10,000|44,140|
## **20. SECURED DEBTS**
The following secured debts are included within creditors:
|Bank loans|30.6.20
£
195,910|30.6.19
£
200,353|
|---|---|---|
A debenture with a fixed and floating charge over all of the company's assets is in place for a loan repaid in the year ended 30 June 2016.
The bank loan is secured by a first legal charge dated 14th September 2012 over St Peters Hall, Grantham and 11/13 Newland, Lincoln. The amount payable at 30 June, 2020 was £195,911 (2019- £200,353).
## **21. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Designated missions
**Restricted funds**
Building
Other
**TOTAL FUNDS**|At 1.7.19
£
301,874
13,162
315,036
302,647
650
303,297
618,333|Net
movement
in funds
£
(44,483)
6,563
(37,920)
133,273
-
133,273
95,353|Transfers
between
funds
£
35,752
-
35,752
(35,752)
-
(35,752)
-|At
30.6.20
£
293,143
19,725
312,868
400,168
650
400,818
713,686|
|---|---|---|---|---|
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated missions
**Restricted funds**
Building
**TOTAL FUNDS**|Incoming
resources
£
1,002,024
106,466
1,108,490
237,923
1,346,413|Resources
expended
£
(1,046,507)
(99,903)
(1,146,410)
(104,650)
(1,251,060)|Movement
in funds
£
(44,483)
6,563
(37,920)
133,273
95,353|
|---|---|---|---|
Page 23
**CONSOLIDATED ALIVE CHURCH LINCOLN**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020**
## **21. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Designated missions
**Restricted funds**
Building
Other
**TOTAL FUNDS**|At 1.7.18
£
245,945
13,220
259,165
239,164
650
239,814
498,979|Net
movement
in funds
£
14,695
(58)
14,637
104,717
-
104,717
119,354|Transfers
between
funds
£
41,234
-
41,234
(41,234)
-
(41,234)
-|At
30.6.19
£
301,874
13,162
315,036
302,647
650
303,297
618,333|
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated missions
**Restricted funds**
Building
**TOTAL FUNDS**|Incoming
resources
£
955,360
102,148
1,057,508
250,083
1,307,591|Resources
expended
£
(940,665)
(102,206)
(1,042,871)
(145,366)
(1,188,237)|Movement
in funds
£
14,695
(58)
14,637
104,717
119,354|
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Designated missions
**Restricted funds**
Building
Other
**TOTAL FUNDS**|At 1.7.18
£
245,945
13,220
259,165
239,164
650
239,814
498,979|Net
movement
in funds
£
(29,788)
6,505
(23,283)
237,990
-
237,990
214,707|Transfers
between
funds
£
76,986
-
76,986
(76,986)
-
(76,986)
-|At
30.6.20
£
293,143
19,725
312,868
400,168
650
400,818
713,686|
|---|---|---|---|---|
Page 24
**CONSOLIDATED ALIVE CHURCH LINCOLN**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020**
## **21. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated missions
**Restricted funds**
Building
**TOTAL FUNDS**|Incoming
resources
£
1,957,384
208,614
2,165,998
488,006
2,654,004|Resources
expended
£
(1,987,172)
(202,109)
(2,189,281)
(250,016)
(2,439,297)|Movement
in funds
£
(29,788)
6,505
(23,283)
237,990
214,707|
|---|---|---|---|
Included in general funds are reserves carried forward held in Alive Enterprises of (£6,397)
Included in the building fund are offerings and donations specifically to meet costs to maintain and finance the building.
Also included within the building fund is a grant of £53,730 received from National Heritage to undertake essential masonry work to the church and to create an exhibition on the heritage of the church. £51,304 was carried as unspent at 30th June 2020.
The Designated Missions fund includes offerings and donations specifically to be paid out in grants to specific institutions and individuals.
## **Transfers between funds**
Transfers from the Rise & Build fund to the general fund are in relation to building loan repayments.
Transfers from the Missions fund to the Rise & Build fund are for The Shed project expenses.
## **22. EMPLOYEE BENEFIT OBLIGATIONS**
The charity makes contributions for all of its employees into a defined contribution scheme. The amount charged to the Statement Of Financial Activities during the year was £20,701 (2019 - £15,503 ).
There was pension amounts outstanding at the 30th June 2020 totalling £2,888 (2019 £2,560).
## **23. RELATED PARTY DISCLOSURES**
ACTS Trust is a company limited by guarantee associated with the church which undertakes community based charitable projects for the charity. Grants were awarded in the year to ACTS Trust amounting to £61,218 (2019£56,448). Funding was received during the year for Youth projects of £NIL from ACTS Trust. Amounts due from/(to) ACTS Trust at the balance sheet date amounted to £NIL (2019- (£476)).
Total donations from Trustees during the year amounted to £13,021 (2019 - £11,912).
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**CONSOLIDATED ALIVE CHURCH LINCOLN**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020**
## **24. SUBSIDIARY COMPANY**
The charity owns 100% of the share capital of its subsidiary undertaking, Alive Enterprises Ltd (registered in England and Wales 05903893) which are included in the consolidated financial statements. The results are detailed below.
## **Registered Office**
|Alive Church
Newland
Lincoln
LN1 1XG
Turnover
Cost of Sales
Gross profit
Administrative expenses
Government grants
Profit/(loss) on ordinary activities
Gift to charity
Net profit/(loss)
Aggregate of assets, liabilities and funds were
Assets
Liabilities
Funds including £1 of issued ordinary share capital|
|£2020
59,614
58,450
1,164
5,493
5,223
894
-
894
12,920
(13,336)
(416)||||||
|---|---|---|---|---|---|---|---|
||||||||
|
|||||||||
|||||||||
|||||||(1,310)||
Page 26
**CONSOLIDATED ALIVE CHURCH LINCOLN**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2020**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts and donations
**Other trading activities**
Bookshop
Catering
Hire of facilities
Room hire
Rental income
Media income
Wedding income
**Charitable activities**
Charitable activities
Grants
**Other income**
Government grants
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Purchases
Wages
Pensions
Rates and water
Telephone
Post and stationery
Insurance
Repairs and renewals
Travel
Sundries
Bank charges
Credit card charges
**Charitable activities**
Trustees' salaries
Trustees' social security
Wages
Social security
Pensions
Travel and hospitality
Office expenses
Carried forward|30.6.20
£
1,115,759
-
13,392
25,682
4,195
3,750
16,761
2,325
66,105
40,042
60,950
100,992
63,557
1,346,413
19,942
37,208
1,182
(1,044)
-
355
425
372
260
715
207
385
60,007
45,541
3,894
392,008
23,138
19,519
22,001
15,105
521,206|30.6.19
£
1,200,862
1,505
10,134
23,835
12,081
5,000
17,550
1,902
72,007
34,722
-
34,722
-
1,307,591
29,948
20,521
904
-
543
598
428
1,138
-
1,724
239
463
56,506
45,541
3,944
368,744
28,251
14,599
32,718
14,504
508,301|
|---|---|---|
This page does not form part of the statutory financial statements
Page 27
**CONSOLIDATED ALIVE CHURCH LINCOLN**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2020**
|**Charitable activities**
Brought forward
Finance costs
Printing and publicity
Departmental costs
Equipment expenses
Establishment
Events and conferencing
Other expenses
Training
Professional Fees
Consultancy
Depreciation of tangible fixed assets
Prior period adjustment
Grants to institutions
**Support costs**
**Other**
Wages
Social security
Establishment costs
**Governance costs**
Auditors' remuneration
Auditors' remuneration for non audit work
Trustees' indemnity insurance
Total resources expended
**Net income**|30.6.20
£
521,206
12,888
2,117
76,483
16,711
150,677
15,641
688
3,259
7,276
-
43,209
36,543
107,546
994,244
159,602
10,728
14,062
184,392
2,300
9,593
524
12,417
1,251,060
95,353|30.6.19
£
508,301
13,138
6,569
109,184
22,089
111,111
23,863
1,150
1,488
6,759
1,685
35,599
-
90,799
931,735
161,040
10,861
13,739
185,640
2,300
10,164
1,892
14,356
1,188,237
119,354|
|---|---|---|
This page does not form part of the statutory financial statements
Page 28