2020-12-31-accounts

			Unrestricted	Restricted	Total funds
		Notes	funds	funds	17months to
					31-Dec-2020
INCOME				E	6
Donations			200,559	26,813	227,372
Charitable activities			654		654
TOTAL INCOME			201,213	26,813	228,026
EXPENDITURE ON CHARITABLE ACTIVITIES
Church costs and related activities			78,017		78,017
Outreach and publicity			6,148		6,148
Administration costs			49,130		49,130
Donations made			16,496	326	16,822
TOTAL EXPENDITURE			149,792	326	150,118
NET INCOME FOR PERIOD
BEFORETRANSFERS			51,422	26,487	77,909
TRANSFERS BETWEEN FUNDS			22,000	(22,000)
OTHER RECOGNISED GAINS
Church building gifted			1,000,000		1,000,000
Gift ofassets from predecessor	charity		48,947		48,947
NET INCOME			1,122,369	4,487	1,126,856
TOTAL FUND BALANCES BROUGHT FORWARD
TOTAL FUND BALANCES CARRIED FORWARD			1,122,369	4~7	1,126,856

						31-Dec-2020
				Notes	8	E
FIXEDASSETS
Tangible	assets					1,029,567
CURRENT ASSETS
0 btors					31,683
Cash at	bank and		in hand		71,373
					103,056
CREDITORS: amounts		failing
due within one year
NET CURRENT	ASSETS					97,290
NET ASSETS
FUI'IDS
Unrestricted	funds			12		1,122,369
Restricted funds				13		4,487
TOTALFUNDS						1,126,856

				Unrestricted	Restricted	Total
				funds	funds	17months to
						31-Dec-2020
				E	E	E
Donations
Donations		received	non gift aid	52,374	23,000	75,374
Donations		received	—giff aid	119,158	3,050	122,208
Gift	Aid recoverable			29,027	763	29,790
				200,559	26,813	227,372
Charitable	income
Conference		income		654		654
				201,213	26,813	228,026

N	OTES TO THE AC	COU	NTS	FOR THE PERIOD ENDED 31DECEMBER 2020
					17months to
					31-Dec-2020
	CHURCH RUNNING		COSTSAND RELATED ACTIVITIES
	Pastors' stipend				40,252
	Pastors' heat and light				856
	Pensions				1,774
	Speakers fees				1,839
	Training				7,749
	Travel and subsistence				1,700
	Hall hire				10,572
	Depreciation				2,371
	Sunday School	expenses			1,290
	Building costs				8,728
	Cleaning				887
					78,017
	OUTREACH AND PUBLICITY			COSTS
	Publicity				1,201
	Outreach events				1,114
	Books and DVDs				1,060
	Refreshments and meals				1,250
	Entertaining				408
	Flowers and gifts				1,115
					6,148
6	TELEPHONE, INTERNET, STATIONERY AND OTHER OFFICE COSTS
	Telephone and	internet			3,394
	Postage and stationery				512
	Subscriptions				3,009
	Equipment expensed				3,380
	Administration	wages			23,475
	Independent exam fee				1,680
	Other legal and	professional		fees	7,458
	Bank charges				36
	Sundry				577
	License fees				2,057
	Insurance costs				3,552
					49,130

DONATIONS MADE	DONATIONS MADE		17months to
			31-Dec-2020
			E
Other organisations		and charities	10,942
Church members	relief		5,880
			16,822
Donations greater	than E1,000were made to the following organisations:
Christian Concern			1,450
STAFF COSTS			17months to
			31-Dec-2020
			E
Salaries and wages			56,944
Pension costs			760
Total staff costs			57,7D4

TANGIBLE ASSETS
	Buildings	Equipment	Total
	E	f	E
COST
At beginning ofperiod
Additions	1,022,453	9,485	1,031,938
At the end ofperiod	1,022,453	9,485	1,031,938
DEPRECIATION
At beginning ofperiod
Charge for period		2,371	2,371
At end ofperiod		2,371	2,371
NET BOOK VALUE
At end ofperiod	1,022,453	7,114	1,029,567
At beginning ofperiod

10	DEBTORS							31-Dec-2020
								f
	Gift aid							29,790
	Prepayments							1,893
								31,633
11	CREDITORS:	amounts	falling due within one year					31-Dec-2020
								f
	Tax and socialsecurity							603
	Other creditors and accruals							5,163
								5,766
12	UNRESTRICTED FUNDS				Funds				Funds
					b/fwd	Income	Expenditure	Transfers	c/fwd
					f	f	f	f	f
	General funds					201,213	(149,792)	48,494	99,916
	Church building					1,000,000		22,453	1,022,453
	Gift ofassets from predecessor			charity		48,947		(48,947)
						1,250,160	(149,792)	22,000	1,122,369
13	RESTRICTED	FUNDS			Funds				Funds
					b/fwd	Income	Expenditure	Transfers	c/fwd
					f	f	f	f	f
	Building fund					22,000		(22,000)
	Storehouse	fund				4,813	(326)		4,487
						26,813	(326)	(22,000)	4,487

Objectiv	es and	Activitie	s
			SORp
			fafarahca
Summary ofthe purposes of the charity as set out in its			Para 1.17	To advance the Christian faith to all people both children and adults and to teach sound biblical
governing	document			doctrine by all means possible and under the
				guidance ofthe Holy Spirit at any time and
				anywhere in the world including through the
				administration of all existing and future churches
				forming part ofthe Living World Church Network.
				To provide support to those in need including	the
				alleviation of poverty, suffering and persecution
				an here in the world.
Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the			Para 1.17 ahd 1.19	Teaching, preaching, discipleship, training, equipping, educational, worship, pastoral care, prayer ministry, evangelism and other
activities,	projects or	services		outreach activities, community projects, church
identified	in the accounts.			planting, and publishing (in hard copy and
				digitally).
				Leading and participating in mission teams, both
				in the UK and overseas.
				Networking and engaging with other churches,
				organisations and people sharing our
				vision, values, and doctrine.
Statement	confirming		Para 1.18	The Trustees have regard to the guidance issued
whether the trustees have had regard to the guidance				by the Charity Commission on public benefit.
issued by	the Charity
Commission on public
benefit

Achieve	men	ts	and Per	formanc	e
				SORp
				reference
					In the period prior to the pandemic (Aug 2019-
					March 2020) the charity was continuing along
Summary ofthe main achievements ofthe charity,				Para 1.20	normal lines providing teaching, training and discipleship via podcast and in person. We put on
identifying	the	difference the			a Leader's Training Course which was attended	by
charity's	work	has made to			leaders from several outside churches. We wrote
the circumstances of its beneficiaries and any wider benefits to society as a					and hosted a '10 steps to freedom' course which again was well attended and well received. We
whole.					celebrated feasts and festivals including
					Tabernacles, candlelight Christmas services and	a
					harvest children's party which was open to the
					church and the community.
					We continued to support an intern and an external
					bible college candidate.
					We launched a testimony Magazine called
					'Wonderful Life' which was used an evangelism
					tool and distributed during outreach events and
					door to door.
					We continued to provide Sunday services,
					children's church, mid-week home groups,
					courses, and prayer groups.
					We had special visiting speakers from the US,
					Christian friends of Israel, Generation26eneration,
					and talks from Iranian Christians on the persecuted
					church. We supported all these groups financially
					and through prayer.
					Through our synergy alliance subscription, we
					enjoyed taking part in their annual 'Empower' long
					weekend conference.
					Having completed legal work on the transfer of
					the Titchfield building, in February 2019we
					opened our 5th church plant congregation in
					Titchfield. During the rest ofthe year taking the
					opportunity afforded by the pandemic and closed
					buildings we completed upgrades to the building
					including heating, fire safety, CCTV installation and
					general repair to facilitate church and community
					involvement in the village upon re-opening.

As the pandemic hit and churches were closed
from the end of March 2020, we began to produce
more online content including a Thought for the
Day and regular online Sunday church services and
several online services specifically for children. We
increased podcast output to include a series on
Teaching through the Bible, Meditation on Torah,
The way ofthe Pilgrim, Through the book of
Revelation and The Biblical Importance of Israel.
Being aware ofthe effect that lockdown was
having on mental health, we ramped up pastoral
support forming small groups on-line and on
WhatsApp. As restrictions allowed, we formed
small groups for outside worship and small groups
for mental health support.
Community leaflets were produced and advertised
on social media, at the building and door to door
offering support to the local community. We had
several responses to this, and we met these and
other known practical needs (both within the
church and within the community) predominantly
via the use ofAsda shopping vouchers over the
course ofthe year. We set up a relief fund which
was used to support those financially affected by
the pandemic and made regular collections and
donations to a local Acts of Kindness food bank.
Once permitted, we used the building for a
second-hand children's clothes sale to support
those in need in the community.
We offered baptisms in the sea as restrictions
allowed.
In response to government guidance in July 2020
we began the hire of a field for 'church in the
field'. This has been a huge success and a lifeline
to many over the course ofthe pandemic. Being a
large, open outside space it has given us a safe
way to worship for much ofthe year. As other
church buildings were closed, these Sundays
attracted many worshippers from far and wide. We
ran a 'bring your own' communion service.
As restrictions allowed, we made the Titchfield
Building open to the public for private prayer.

Towards the end of2020 we	acquired the use of
an acre of ploughed land with which we set up a
church community allotment.	This has proved a
huge success improving mental health and
providing the church with outside fellowship and
community across all ages.
In December 2020 we hosted	an outside Carol
Service in the town centre in	line with government
guidance.
We take an active role in local church communities
and are members of Churches	together in
Fareham, Churches together	in Gosport and
Churches to ether in Stubbin	ton.

Financial Review	Financial Review	Financial Review
Review ofthe charity's				Para 1.21	Income off228k was received during			the
financial position ofthe period	at	the end			period and generating	expenditure was f150k, net income off77,909.During
					the period	the charity received a gift		ofa
					church building with a value		off1m and
					649k was transferred from it's
					predecessor	charity. At the reporting		date
					the charity	had total reserves	of
					f1,126,856	ofwhich f4,487 was restricted.
Statement explaining		the		Para 1.22	The charity	aims to maintain	sufficient
policy for holding	reserves				reserves to	cover a minimum	of six
stating why they	are	held			months runnin ex enses.
Amount ofreserves		held		Para 1.22	f1,126,856
Reasons for holding		zero		Para 1.22	n/a
reserves
Details offund materially			in	Para 1.24	n/a
deficit
Explanation ofany				Para C23	There are no uncertainties.
uncertainties about the
charity continuing	as a going
concern

Description ofcharity's
trusts:
Type of governing document	Para 1.25	Constitution	(Foundation)
trust deed, ro al charter
How is the charity	Para 1.25	CIO
constituted?
(e.g unincorporated
association, CIO
Trustee selection methods including details ofany constitutional provisions e.g. election to post or name of	Para 1.25	New Trustees are suggested by the Chair, with guidance by the existing Trustees. Trustees are committed members ofthe
any person or body entitled		Network who	are well	known	to the
to appoint one or more		Trustees and	Senior Pastors.
trustees

Charity name	Livin Word Church	Network
Other name the charity uses
Registered charity number	1184540
Charity's principal address	18 High Street, Titchfield. Fareham. PO14 4AF

ames	ofthe charity trus	tees who manage the	charity
	Trustee name	Office (ifany)	Dates acted ear	ifnot forwhole	Name to	ofperson (or body) entitled oint trustee ifan
1	Colin Gallaugher	Chair	Appointed	23 Jul 2019
2	Peter Halsey		Appointed	25Apr 2020
3	Rebecca Day		Appointed	25 Apr 2020
4	Tracey Wick)and		Appointed	23 Jul 2019
5	Savio Rodrigues		Resigned	30Sep 2020
6	Laura Marshall		Resigned	2 Nov 2019
7	Michael Croucher		Resigned	25 Jul 2020
8	Karen Bosman		Resigned	25 Jul 2020
	Katya Samuel	Chair from 23 Jul	Resigned	2 Nov 2019
		2019to 2 Nov 2019
10
11
12
13
14
15
16
17
18
19
20

Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers
Description ofthe assets
held in this capacity
Name and objects ofthe
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for
safe custody and
segregation ofsuch assets
from the charity's own
assets

Names and	addresses of	advisers (Option
Type of	Name	Address
adviser