## **True Life Church MK** **TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28th February 2021** Charity Registration No. 1181845 **True Life Church MK Trustees Report and Financial Statements Year ended February 28th 2021** **Charity: 1181845** ## **Contents** ||**Page**|| |---|---|---| |Statutory Information||3| |Trustees Report||4| |Independent Examiners Report||6| |Statement of Financial Accounts||7| ## **Statutory Information** True Life Church MK is a Charity registered with the Charity Commission of England and Wales as a charitable incorporated organisation. The incorporation was registered on February 1st 2019 ## **Registered Address** 32 Bottesford Close, Emerson Valley, Milton Keynes, MK42 AF **Trustees Appointed By:** Mr Dylan Russell Members Mrs Anna Russell Members Mr Timothy Morris Members **Independent Examiner** Mr Mervyn Thomas 128 Putnoe Lane, Bedford, MK41 8LS ## **Bankers** HSBC Bank Page: 2 **True Life Church MK Trustees Report and Financial Statements Year ended February 28th 2021** **Charity: 1181845** ## **Trustees Annual Report for 2020 - 2021** The Trustees present their Annual Report and financial statements for the Year ended 28 February 2021 ## **Charitable Objects** The objectives of the charity are - To advance the Christian faith in accordance with the statement of faith annexed in such ways and in such parts of the United Kingdom or the world as the trustees from time to time think fit. ## **Organisational Structure and Decision-making processes** The charity is led by Dylan Russell who is the pastor of the church. He is supported by the team of trustees and a wider leadership team. True Life Church MK is linked relationally to a number of churches and leaders who provide input, wisdom and accountability to the church. We have benefitted as a church from the input of Rob McFarlane from the River Church in St Neots, Stephen Thompson from Bromham Baptist Church, Jason Shiels from Liberty Church and a number of other leaders we relate to. They have provided valuable insight and guidance to the trustees and leadership team. ## **Public Benefit Statement** The Church provides opportunities for Christian worship on a weekly basis to which all members of the public are welcome. In addition, a number of activities for people of all ages are offered that are again open to the public and provide opportunities for the building of relationships and instruction in the essentials of the Christian faith. These include but are not limited to: - ●Sunday service of worship - ●Mid-week life group - ●Other occasional church related activities such as prayer meetings, men’s and women’s connect times The Trustees have read the Charity Commission guidance on public benefit, and are satisfied that the activities outlined above clearly demonstrate that the charity is meeting its Purpose and is providing a benefit to the public. ## **Achievements in the year** The church has continued to make a number of advances during the last twelve months as reported here by our Pastor Dylan Russell: The church has had a year of learning to adapt as Covid has caused us to work out ways of ministering in the midst of various changing circumstances. We have been blessed to have seen growth in the midst of this in the church. The longing for community has been Page: 3 **Charity: 1181845** ## **True Life Church MK Trustees Report and Financial Statements Year ended February 28th 2021** evident. We have grown to three lifegroups. We have been blessed by Kingdom Faith Ministries who have let us use their building for a time period when we had very limited options. The church continues to practice the Christian faith by teaching the Bible, meeting relationally with new believers over meals, provides a mid-week small group for friendship and encouragement, training and prayer, and our worship to God is enhanced by a talented group of musicians led by Tim and Asher. True Life Church MK is made up from different age groups, and from different ethnic and social background’s. The church reflects the heart of God to connect and unite His people as one body. The predominant age demographic is the Millennial generation and younger which is encouraging to see. The challenges we face as a church are exciting as well as very stretching and we look forward to another year of being a church with such a wide vision to impact the community of Milton Keynes with the heart of Jesus. ## **Volunteers** All of the above activities are largely led and staffed by volunteers, and the church would be unable to function without their commitment and often sacrificial giving of time. This is the case on Sunday meetings which other than the teaching from the Pastor, are organised, led and run by volunteers from within the congregation. ## **Financial Review** During the 2020/2021 financial year the Church received an income of £28,126 through voluntary tithes and donations of members of the congregation (Previous year £19,556) The Church’s expenditure was £13,088 leaving a fund balance of £22,590 (Previous year 7,552) ## **Approved by the Trustees and signed on their behalf.** ## Dylan Russell Dylan Russell 9th June 2021 Page: 4 **True Life Church MK Trustees Report and Financial Statements Year ended February 28th 2021** **Charity: 1181845** ## **Independent examiner’s report on the accounts** To the trustees and members of True Life Church MK (Charity no: 1181845) relating to the Accounts for the period ended 28th February 2021 as set out on page 7 which follows. The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. It is my responsibility to: - ●examine the accounts under section 145 of the Charities Act, - ●to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - ●to state whether particular matters have come to my attention My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. In connection with my examination, no material matter has come to my attention which gives me cause to believe that in any material respect: - ●examine the accounts under section 145 of theCharities Act 2006; and - ●to follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5(b) of the Charities Act, and - ●to state whether particular matters have come to my attention. I have come across no other matters in connection with my examination to which attention should be drawn in this respect in order to enable a proper understanding of the accounts to be reached. Mervyn Thomas 128 Putnoe Lane Bedford MK41 8LS Dated: 09/06/2021 Page: 5 **True Life Church MK Trustees Report and Financial Statements Year ended February 28th 2021** **Charity: 1181845** **CC16a** ## **Receipts and Payments Accounts - True Life Church, Milton Keynes Charity Reg: 1181845 For the period March 1st.2020 to February 28th. 2021** The charity has only unrestricted funds. |
**Receipts and payments**|
**Receipts and payments**|
**Receipts and payments**|
**Receipts and payments**| |---|---|---|---| |**Total Unrestricted Funds**|||| |**This Year**
**Last Year**|||| |**Receipts**
**£'s**
**£'s**|||| |Donations|**20,806**||**19,556**| |Gift aid receivable|**7,320**||**-**| ||**-**||**-**| ||**-**||**-**| ||**-**||**-**| ||**-**||**-**| |**_Total receipts_**|**28,126**||**19,556**| ||||| |**Payments**|||| |Salaries|**10,401**||**4,793**| |Premises|**-**||**3,133**| |Equipment|**1,647**||**169**| |Publicity and Website|**243**||**155**| |Administration fees|**180**||**1,228**| ||**-**||**-**| |Donations to Apostolic Ministry|**617**||**2,526**| |**_Total payments_**|**13,088**||**12,004**| ||||| |**_Net of receipts/(payments)_**|15,038||7,552| |**Cash funds last year end**|**7,552**||-| |**_Total funds this year end_**|**22,590**||**7,552**| ||||| ||||| |#|||| Page: 6 **True Life Church MK Charity: 1181845 Trustees Report and Financial Statements Year ended February 28th 2021 Statement of assets and liabilities at the end of the period** **Charity: 1181845** |**Total Unrestricted Funds**|**Total Unrestricted Funds**|**Total Unrestricted Funds**|**Total Unrestricted Funds**| |---|---|---|---| |**This Year**
**Last Year**|||| |**£'s**
**£'s**|||| |Cash funds|**18,728**||**7,552**| |Debtors - HMRC|**3,862**||**-**| |Liabilities|**-**||**-**| |**Total Assets less liabilities**|**22,590**||**7,552**| |**Signed by Dylan Russel on behalf of all the trustees**|**Date of**| |---|---| ||**approval**| |Dylan Russell|June 9th 2021| Page: 7