##
##
##
##
##
||||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|||
##
##
##
##