Trustees Annual Report
We the trustees submit an accurate description of our charitable activities during the year, together with a full set of accounts and an independent examiners statement.
Believing unerringly in the inspiration and infallibility of the Scriptures, South West Pentecostal Alliance has continually sought to advance the Christian faith in Sidmouth, throughout the UK and overseas, providing sound Biblical teaching and Christian fellowship.
Though not without its challenges, the past year has been both extremely busy and fruitful for South West Pentecostal Alliance. Towards the end of the previous year, negotiations had begun between the Trustees and the Elders of a small Brethren Fellowship at Gerston chapel in Paington. In June 2022 South West Pentecostal Alliance took possession of the chapel premises and also took over the leadership and running of the fellowship now known as Evangel @ Gerston (Evangel Church Paignton). The previously failing fellowship is now going on well and has enjoyed an increase in attendance of 500%.
In Sidmouth, having been gifted the use of an existing but unused chapel, following the completion of due diligence, including a structural survey of the premises, the Trustees approved the release of sufficient funds to renovate the interior of the chapel. Although the work was completed and the Sidmouth fellowship commenced meeting there, it soon became evident that some changes and alterations were required, including rehousing the kitchen and providing accessible toilet facilities. To this end a planning application was made to East Devon District Council for an extension to be built and was subsequently approved. Work commenced at the beginning of 2023 and at the time of writing, it is anticipated that the fellowship will recommence meeting in the chapel in August 2023 (having previously rented a room at St. John’s International School).
It may be noted that future accounts and financial statements for the subsequent year, will show significant outgoings to meet the cost of the works. However, the fellowships have donated generously toward the work and a sum of approximately £60,000 was raised.
The lifting of Covid-19 restrictions, saw the recommencement of the South West Bible Week. The conference took place at St. John’s
International School and although was arranged on a slightly smaller scale than previous years, was nevertheless successful. The 2023 conference which has already been advertised and has received an excellent response, will therefore be very well attended, and will revert to Bicton College and will take place in August.
South West Pentecostal Alliance continues to work in association with other Christian ministries such as Prayer for Israel and Christian Ministerial Fellowship International. A further association has been developed with the Prophetic Witness Ministry International and the chairmen of the East Devon Branch and the Torbay branch are now members of the Sidmouth and Paignton fellowships respectively.
The charity also continues to support ministries overseas, presently both in Israel and Africa. Although no personal overseas visits have been made subsequent to the lifting of COVID restrictions, much teaching has been received by those who seek it, both in the UK and overseas via the recording ministry and the internet. Zoom meetings with a small number of fellowships around various parts of the UK have also taken place.
Overall, the work is progressing well and has been greatly blessed.
Sidmouth Evangel Pentecostal Alliance
Financial Activities
April 2022 - March 2023
| TOTAL | |
|---|---|
| Income | |
| 4000 General Donations | 15,682.80 |
| 4001 Donations-Gift Aid 1 | 1,505.00 |
| 4002 Donations-Gift Aid 2 | 20.00 |
| 4004 Donations-Gift Aid 4 | 210.00 |
| 4007 Donations-Gift Aid 7 | 871.00 |
| 4012 Donations-Gift Aid 12 | 2,400.00 |
| 4017 Donations-Gift Aid 17 | 1,220.00 |
| 4019 Donations-Gift Aid 19 | 650.00 |
| 4020 Donations-Gift Aid 20 | 680.00 |
| 4023 Donations-Gift Aid 23 | 150.00 |
| 4029 Donations-Gift Aid 29 | 50.00 |
| 4036 Donations-Gift Aid 36 | 1,500.00 |
| 4037 Donations-Gift Aid 37 | 450.00 |
| 4038 Donations-Gift Aid 38 | 1,440.00 |
| 4041 Donations-Gift Aid 41 | 200.00 |
| 4051 Donations-Gift Aid 51 | 124.00 |
| 4054 Donations-Gift Aid 54 | 2,300.00 |
| 4055 Donations-Gift Aid 55 | 60.00 |
| 4056 Donations-Gift Aid 56 | 30.00 |
| Total 4000 General Donations | 29,542.80 |
| 4300 Gift Aid Reclaim | 4,637.39 |
| 4500 Stewardship Donations | 530.00 |
| 4501 CAF Donations | 1,800.00 |
| 4550 Holmdale Chapel Donations | 52,194.70 |
| 4552 Holmdale donation Gift Aid 12 | 2,000.00 |
| 4556 Holmdale donation Gift Aid 36 | 2,000.00 |
| Total 4550 Holmdale Chapel Donations | 56,194.70 |
| 4600 Conference Payments | 11,041.10 |
| 4610 CD Income | 320.00 |
| 4900 Bank Interest Received | 269.05 |
| Total Income | £104,335.04 |
| Cost of Sales | |
| 5002 Grants-Prayer for Israel | 1,200.00 |
| 5003 Conference Costs | 20,577.20 |
| Total Cost of Sales | £21,777.20 |
| TOTAL | £82,557.84 |
| Expenditures | |
| 7001 Meals and entertainment | 888.00 |
| 7100 Meeting Rooms | 729.00 |
| 7101 Brook House | 15,000.00 |
| 7200 Holmdale Chapel Repair and Maintenance | 32,655.32 |
| 7250 Holmdale Chapel Electricity Bill | 366.24 |
| 7300 Ministry | 300.00 |
| 7500 Sundry Expenses | 408.18 |
1/2
Accrual Basis Wednesday, 10 January 2024 04:15 pm GMT+00:00
Sidmouth Evangel Pentecostal Alliance
Financial Activities
April 2022 - March 2023
| TOTAL | |
|---|---|
| 7502 Computer Expenses | 261.20 |
| 7600 Bookkeeping | 181.20 |
| 7601 Printing, Postage and Stationery | 648.72 |
| 7610 Insurance | 641.82 |
| 7620 Licences | 87.00 |
| 7900 Bank charges and interest | 186.67 |
| Payroll Expenses | |
| Taxes | 0.00 |
| Wages | 6,000.00 |
| Total Payroll Expenses | 6,000.00 |
| Total Expenditures | £58,353.35 |
| NET OPERATING INCOME | £24,204.49 |
| NET INCOME/(EXPENDITURE) | £24,204.49 |
2/2
Accrual Basis Wednesday, 10 January 2024 04:15 pm GMT+00:00
sIdm UJO Dear Sirs, Inde ndent examiner's re rt to the trustees of S W Pentecostal I report to the trustees on my examination of the accounts of South West Pentecostal Alliance for the year March 2023. Responsibilities and basis of report As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the ACL Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by section 130 of the ACL or
- the accounts do not accord with those records.. or
- the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement 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 to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Name.. Debra A Horne Assistant Accountsnt. Rawling & Sons (Bristol) Ltd Va VIGO Address: Earlsbrool Harcombe, Sidmouth EX10 OPP Date: 19 January 2024