2021-09-30-accounts - Waterfalls Church

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date Period end date T From 01 10 2020 30 09 2021 O

Section A Reference and administration details

Charity name[Waterfalls Church]

Other names charity is known by

Registered charity number (if any) 1166325 Charity's principal address[3RD FLOOR, ]

207 REGENT STREET LONDON Postcode W1B 3HH

Names of the charity trustees who manage the charity

----- Start of picture text -----
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Eunice Jubin 01/10/2020 to present Kweku Ofori-Dadzie
Juliet Ofori- 01/10/2020 to present Kweku Ofori-Dadzie
2
Dadzie
3 William Atta-Sow 01/10/2020 to present Kweku Ofori-Dadzie
4
----- End of picture text -----

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

TAR

Jul 2022

Description of the charity’s trusts

Type of governing document

Church Constitution

(eg. trust deed, constitution)

Association How the charity is constituted

(eg. trust, association, company)

Trustee selection methods

Trustees recommended by the Senior Pastor and church elders.

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Bi-annual review meeting of policies and procedures by the trustees to ensure guidance and governing structure implemented are fully operational.

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

TAR

Jul 2022

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

THE PRINCIPAL PURPOSE OF THE CIO IS TO ADVANCE THE CHRISTIAN FAITH IN UNITED KINGDOM AND OR OTHER PARTS OF THE WORLD FOR THE BENEFIT OF THE PUBLIC. THE CIO MAY ALSO ADVANCE EDUCATION AND CARRY OUT OTHER CHARITABLE PURPOSES IN THE UNITED KINGDOM AND/OR OTHER PARTS OF THE WORLD.

IN FULFILLING ITS PURPOSE, THE CIO WILL ENGAGE IN A RANGE OF ACTIVITIES EITHER ON ITS OWN OR WITH OTHERS THAT WILL VARY FROM TIME TO TIME WITH ACTIVITIES BEING INITIATED, EXPANDED, OR CLOSED, AS APPROPRIATE.

THE ACTIVITIES MAY INCLUDE BUT ARE NOT RESTRICTED TO: REGULAR PUBLIC WORSHIP, PRAYER, BIBLE STUDY, PREACHING AND TEACHING;

• BAPTISM, AS DESCRIBED IN THE HOLY BIBLE; • THE COMMUNION OF THE LORD'S SUPPER WHICH SHALL NORMALLY BE OBSERVED AT LEAST ONCE A MONTH; • EVANGELISM AND MISSION, LOCALLY, REGIONALLY, NATIONALLY AND INTERNATIONALLY;

• THE TEACHING, ENCOURAGEMENT, WELCOME AND INCLUSION OF YOUNG PEOPLE; • NURTURE AND GROWTH OF CHRISTIAN DISCIPLES; • EDUCATION AND TRAINING FOR CHRISTIAN AND COMMUNITY SERVICE; • GIVING AND ENCOURAGING PASTORAL CARE; • SUPPORTING AND ENCOURAGING CHARITABLE SOCIAL ACTION IN THE UNITED KINGDOM AND ABROAD; • ENCOURAGING RELATIONSHIPS WITH AND SUPPORTING OTHER CHRISTIANS; • PROVIDING OPPORTUNITIES FOR SPIRITUAL, PHYSICAL, INTELLECTUAL, SOCIAL AND CULTURAL DEVELOPMENT.

WE AFFIRM THE HOLY BIBLE AS THE INSPIRED WORD OF GOD, AND AS THE ONLY BASIS FOR OUR BELIEFS. THE CIO ACCEPTS THE BAPTIST UNION'S DECLARATION OF PRINCIPLE: , AS OUR BASIC CHRISTIAN BELIEFS AND GENERAL STATEMENT OF OUR FAITH: "THAT OUR LORD AND SAVIOUR JESUS CHRIST, GOD MANIFEST IN THE FLESH, IS THE SOLE AND ABSOLUTE AUTHORITY IN ALL MATTERS PERTAINING TO FAITH AND PRACTICE, AS REVEALED IN THE HOLY SCRIPTURES, AND THAT EACH CHURCH HAS LIBERTY, UNDER THE GUIDANCE OF THE HOLY SPIRIT, TO INTERPRET AND ADMINISTER HIS LAWS. THAT CHRISTIAN BAPTISM IS THE IMMERSION IN WATER INTO THE NAME OF THE FATHER, THE SON AND HOLY SPIRIT, OF THOSE WHO HAVE PROFESSED REPENTANCE TOWARDS GOD AND FAITH IN OUR LORD JESUS CHRIST WHO 'DIED FOR OUR SINS ACCORDING TO THE SCRIPTURES; WAS BURIED, AND ROSE AGAIN ON THE THIRD DAY'. THAT IT IS THE DUTY OF EVERY DISCIPLE TO BEAR PERSONAL

TAR

Jul 2022

WITNESS TO THE GOSPEL OF JESUS CHRIST, AND TO TAKE PART IN THE EVANGELISATION OF THE WORLD."

THIS CIO IS AUTONOMOUS AND MAINTAINS THE RIGHT TO GOVERN ITS OWN AFFAIRS, INDEPENDENT OF ANY DENOMINATIONAL CONTROL. HOWEVER, RECOGNISING THE BENEFITS OF COOPERATION

WITH OTHER CHURCHES IN WORLD MISSIONS, THE CIO IS IN FELLOWSHIP WITH CHURCHES OF VARIOUS DENOMINATIONS INCLUDING MEMBERS OF THE BAPTIST UNION OF GREAT BRITAIN (BAPTIST UNION) AND WILL PURSUE SUCH RELATIONSHIPS NECESSARY TO FURTHER ITS MISSION. THE CIO WILL NORMALLY PROMOTE, ENCOURAGE, SUPPORT AND ADVANCE THE WORK OF THE BAPTIST UNION THROUGH PRAYER, FINANCIAL CONTRIBUTIONS AND, WHERE APPROPRIATE, BY MAKING PERSONNEL AVAILABLE FROM THE MEMBERSHIP OF THE CHURCH. WHEN IT IS ABLE THE CIO WILL ALSO SUPPORT LOCAL BAPTIST AND ECUMENICAL GATHERINGS.

NOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CIO FOR THE PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE

INVESTMENT (SCOTLAND) ACT 2005 AND SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.

Classification

What

GENERAL CHARITABLE PURPOSES
EDUCATION / TRAINING
RELIGIOUS ACTIVITIES
HUMAN RIGHTS / RELIGIOUS OR RACIAL HARMONY / EQUALITY OR DIVERSITY

Who

CHILDREN / YOUNG PEOPLE
ELDERLY / OLD PEOPLE
THE GENERAL PUBLIC / MANKIND

How

PROVIDES HUMAN RESOURCES
PROVIDES SERVICES
PROVIDES ADVOCACY / ADVICE / INFORMATION

TAR

Jul 2022

“THE TRUSTEES HAVE CONSIDERED THE GUIDANCE PRODUCED BY THE CHARITY COMMISSION ON THE PROVISION OF PUBLIC BENEFIT AND THEY CONFIRM THAT PUBLIC BENEFIT HAS BEEN PROVIDED BY WATERFALLS CHURCH.”

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

OWING TO THE SPIRITUAL NATURE OF THE CHURCH’S OBJECTIVES IT IS DIFFICULT TO QUANTIFY ACHIEVEMENTS; HOWEVER, WE HAVE IN THE PAST YEAR UNDERTAKEN THE FOLLOWING:

PROVIDING REGULAR PUBLIC WORSHIP OPEN TO ALL
PROVIDING SACRED SPACE FOR PRAYER AND CONTEMPLATION
CONDUCTING PASTORAL WORK INCLUDING VISITING THE SICK AND THE BEREAVED
TEACHING CHRISTIANITY THROUGH SERMONS, COURSES AND SMALL GROUPS
PROVIDING A YOUNG ADULT FOCUSED SESSION, CHILDREN’S BIBLE STUDIES AND SOCIAL ACTIVITIES WITH A CHRISTIAN ETHOS
PROMOTING THE WHOLE MISSION OF THE CHURCH THROUGH ACTIVITIES SUCH AS COMMUNITY FOOD BANK PROGRAMME, CHILDREN’S SUNDAY SCHOOL AND LEADERSHIP TRAINING.

TAR

Jul 2022

Additional details of objectives and activities (Optional information)

THERE ARE 4 VOLUNTEER PASTORS INCLUIDNG THE SENIOR PASTORS WHO CONDUCTS ALL SERVICES, ORGANISE, LEADING ALL PROGRAMMES AND ACTIVITIES THROUGHOUT THE YEAR.

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

SECTION D ACHIEVEMENTS AND PERFORMANCE

Successful launch of on-line ministry with consistent Summary of the main congregants from US, Ghana, Pakistan, Israel, Switzerland and achievements of the UK. This ministry reached online congregants particularly charity during the year during the COVID lockdown period and care programme which served communities including UK, Ghana and Pakistan. Deployment and support of 3 missionaries to Ghana

Deployment of care programme for 4 communities in Pakistan.

Section E Financial review

The church is holding money in deposit account for the purposes Brief statement of the of unforeseen expenses charity’s policy on reserves Details of any funds There are no funds materially in deficit. materially in deficit

Further financial review details (Optional information)

TAR

Jul 2022

The principal source of funds is congregational tithes and You may choose to include offering supporting all the main objectives of the church additional information, including mission, community, spiritual development and where relevant about: leadership training.

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Eunice Jubin Position (eg Secretary, Secretary Chair, etc)

Date 09/07/2022

TAR

Jul 2022

STATEMENT OF FINANCIAL POSITION AS AT 30TH SÉPTEMBER 2021 LIIUILLII ASSETS CASH AT BANK IOper3tionsAccountl CASH A T BANK (Pariner Rdations..'Building Fund) 1.042 381 TOTAL ASSETS 1.423 LESS CURRENTIIABIIITY ACCOUNTSPAYABLE 225 225 NET ASSETS FINANCIAL POSITION ANLAYSIS OperaiinR BaL)nce for Ihe year NÈX Income for theyear 13,9171 5.115

STATEMENT OF INCOMEANO EXPENSES FOR 12 MONTHS FROMPERIOD STARTING 1ST 00BER 2020TO XISEPTEMBER 2021 LIIUl%L&I Sep21 INCOP•lE Tlthes and OffErlng 34.268 34J68 OPERATING EXPENSES BY MINISTRY Loail hw'lissioii Global Mission Global Ops Worship Care lacurity (9.902 j (1.578 1 TOTAL EXPENDITURE {2Q.l 531 NET INCOME 5.115