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2022-12-31-accounts

Registered Charity Number 1184850

KINGDOM LIFE CHURCH WIRRAL

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022

KINGDOM LIFE CHURCH WIRRAL Reports and accounts

Contents

Page
Trustees’ Report 3
Statement of Directors’/Trustees’ Responsibilities 5
Independent Examiner’s Report 6
Statement of Financial Activities 7
Balance Sheet 9
Notes to the accounts 10

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KINGDOM LIFE CHURCH WIRRAL The report of the Trustees for the year ended 31 December 2022

Introduction

The trustees present their annual report and financial statements of the charity for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011, and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1 January 2019).

The board of trustees are satisfied with the performance of the charity during the year and the position at 31 December 2022 and consider that the charity is in a strong position to continue its activities during the coming year, and the charity’s assets are adequate to fulfil its obligations.

Purpose and Activities of the Charity

The charity’s objectives are:

The advancement of the Christian faith in such parts of the United Kingdom or the world as the Trustees may from time-to-time think fit including through providing services for prayer and worship and pastoral care and outreach into the community.

Achievements and performance

At the beginning of 2022, church services moved back downstairs to the Inspire Café with Children’s Church moving back upstairs into the main church hall space; same as pre-Covid. Kingdom Life worked in partnership with Wake Up Wallasey CIC, organising monthly Secret Cinemas at St. Lukes as an outreach into the community.

A successful Men’s Retreat to Shikenah was held in March.

The Tots Group proved very successful and was supported well by the community, with on average 20 Tots attending with their guardians.

A Love Poulton Easter Scavenger Hunt was organised for the community over the Easter period. A good turnout was experienced, and relationships forged within the community. Kingdom Life partnered again this year with Love Wirral, an outreach into Wallasey by Youth Fellowship Heswall. Kingdom Life supplied the BBQ food for the event. The outreach was well attended by the children in the community.

Kingdom Life Church outreaches into the community included:

Kingdom Life Church provided both practical and financial help to the following:

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KINGDOM LIFE CHURCH WIRRAL

The report of the Trustees for the year ended 31 December 2022

Financial Review

Policies on reserves

Adequate reserves are maintained to fund the charity’s activities for at least six months forward.

Availability and adequacy of assets of the funds

The board of Trustee is satisfied that the charity assets in each fund are available and adequate to fulfil its obligations in respect of reach fund.

Transactions and Financial position

The charity’s income in the year was £19,891 (2021: £20,237) after expenditure of £19,648 (2021: £17,202) a surplus of £243 (2021: £3,035) is reported. General liquid reserves carried forward amounted to £12,534 (2021: £12,291).

Reference and administrative details Date of registration: 09 August 2019 The Registered office is: 85a Cameron Rd, Leasowe, CH45 1PH Charity Registration Number: 1184850

Trustees

The members of the board of Trustees of the Charity during the year ended 31 December 2021 were:

Shereen Arbon – Chair Gary Sidwell Sarah Janette Corcoran Stephen Robin Arbon

Other offices within the charity working under the direction of the trustees were: Kate Silvera Cull – Secretary

Chairman’s Thanks

I would like to pass my thanks to the other Trustees for their help and attendance at meetings throughout the year to enable us to meet the objectives of the Charity.

Structure, Governance and Management

Nature of the Governing Documents and Constitution of the Charity

Kingdom Life Church Wirral is a registered Charitable Incorporated Organization (CIO) governed by a constitution. Trustees are appointed by the existing trustees.

The Trustees also consider the future need of the charity when looking to add the group of Trustees. Having regard to the particular skills required at each stage of the charity’s development. New Trustees are given a period of induction and continues training opportunities are made available to all Trustees.

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The report of the Trustees for the year ended 31 December 2022

KINGDOM LIFE CHURCH WIRRAL

The day to day operations of the charity are governed by Trustees who are directly engaged in the activity of the charity. Operational and tactical decisions are made by this group. The direction and strategy are discussed at a regular Trustees meeting.

Independent Examiner

Malcolm Wright, Elpizo Limited, Chartered Accountants, 13 Village Road, Higher Bebington Wirral, CH63 8PP

Statement of Trustees’ Responsibilities

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:

 Select suitable accounting policies and then apply them consistently;

 observe the methods and principles in the Charities SORP;

 make judgements and estimates that are reasonable and prudent;

 state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

This report was approved by the board of Trustees on 27 October 2023

Signed:

Shereen Arbon

Chair of the Trustees

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KINGDOM LIFE CHURCH WIRRAL Independent Examiner’s Report to the Trustees of the Charity Report of the Independent Examiners to the Trustees on the account of the Charity for the year ended 31 December 2022

I report on the financial statement of the charitable company on page 7 to 13 for the year ended 31 December 2022.

This report is made solely to the charity’s trustees, as a body, in accordance with Section 145 of the Charities Act 2011. My examination has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an Independent Examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and charity’s trustees as a body, for my examination, for this report, or for the opinions I have formed.

Respective responsibilities of the Trustees and Examiner

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:

Basis of opinion and scope of work undertaken

My examination was carried out in accordance to general directions given by the charity commission. An examination includes a review of accounting records, kept by the charity and a comparison of accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeks explanations from the Trustees concerning any such matters. The procedure undertaken does not provide all the evidence that would be required in an audit. Consequently, no opinion is given to whether the accounts present a true and fair view and report is limited to the matters set out in the statement below.

Independent Examiner’s Statement

In connection with examination, no matters have come to my attention;

  1. Which gives me reasonable cause to believe that in any material respect the requirements;

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or

  4. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Malcolm Wright - Chartered Accountant

Elpizo Limited, 13 Village Road, Higher Bebington, Wirral CH63 8PP The date upon which my opinion is expressed is: 27 October 2023

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KINGDOM LIFE CHURCH WIRRAL Statement of Financial Activities For the year ended 31 December 2022

Notes

Income
Donations and legacies
2
Income from previous entity
Total Income

Expenditure
Expenditure on charitable
activities
3
Governance
4
Total expenditure

Net Income for the year

Gross transfer between funds
Net movement in funds

Reconciliation of funds:
Total funds brought forward

Total funds carried forward







Unrestricted Restricted Total Total
Funds Funds
Funds Funds
2022
2022
2022 2021
£
£
£
£
19,891 -
19,891 20,237
- -
- -
19,891
-
19,891 20,237
19,168
-
19,168 16,722
480
-
480 480
19,648
- 19,648 17,202
243
-
243 3,035
-
-
- _-
243
-
243 3,035
12,291- 12,291 9,256_
12,534
-
12,534 12,291

The net movement in funds to above in the net incoming resources as defined in the Statement of Recommendation Practice for Accounting and reporting issued by the Charity Commission for England and Wales and is reconciled to the total funds as shown in the Balance Sheet on page 9 as required by the said statement.

All activities derive from continuing operation

The notes on page 10 to 13 form an integral part of these accounts

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KINGDOM LIFE CHURCH WIRRAL Statement of Financial Activities for the year ended 31 December 2022 Analysis of prior year total funds as required by paragraph 4.2 of Statement of Recommended Practice (SORP)

Notes
Income
Donations and legacies
2
Total Income

Expenditure
Expenditure on charitable
activities
3
Governance
4
Total expenditure

Net Income for the year

Gross transfer between funds
Net movement in funds

Reconciliation of funds:
Total funds brought forward

Total funds carried forward
 Unrestricted Restricted Total
Funds Funds
Funds
2021
2021
2021
£
£
£
20,237-20,237
20,237
-
20,237
16,722
-
16,722
480
-
480
17,202
- 17,202
3,035
-
3,035
-
-
- ___
3,035
-
3,035
---___
3,035
-
3,035

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KINGDOM LIFE CHURCH WIRRAL Balance Sheet As at 31 December 2022

Notes

Current Assets
Cash at the bank and in hand

Total current assets

Creditors: -
Amount due within one year
7

Net current assets

Net assets
The funds of the charity
Unrestricted income funds
Unrestricted revenue accumulated funds
Total charity funds		 2022
£
£
13,014
13,014
(480)
12,534
12,534
12,534
12,534		 2021
£ £
12,771
12,771
(480)

12,291
12,291
12,291

12,291

Approved by the board of Trustees on 27 October 2023 and signed on their behalf by:

Shereen Arbon - Trustee

The notes on page 10 to 13 form an integral part of these accounts

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KINGDOM LIFE CHURCH WIRRAL Notes to the Accounts for the year ended 31 December 2022

1. Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of preparation

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS 102.

b) Preparation of the accounts on a going concern basis

The financial statements are prepared on a going concern. The Charity is entirely dependent on continuing grant and donation support and as a consequence the going concern basis is also dependent on that continuing financial support.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably. Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of specified services is deferred until the criteria for income recognition are met.

d) Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refer to the trustees’ annual report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

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KINGDOM LIFE CHURCH WIRRAL Notes to the Accounts for the year ended 31 December 2022

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

f) Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity.

g) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

 Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charitable activities. These costs have been allocated to charitable activities. The bases on which support costs have been allocated are set out in note1.

i) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

j) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimating reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

k) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value.

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KINGDOM LIFE CHURCH WIRRAL Notes to the Accounts for the year ended 31 December 2022

2 Income from donations and legacies

Donations
Gifts and donations

 2022
£
19,891
19,891		 2021
£
20,237
20,237

The Trust benefits from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.

3 Analysis of expenditure on charitable activities


Rent

Events
Printing, postage, stationery

Donation

Promotional costs
Furniture & accommodations

Total expenditure on charitable activities



2022 2021
£
£
4,380
2,456
6,132 5,198
115 1,138
5,352
5,856
1,514
671
1,675
1,403
19,168 16,722

4 Analysis of governance and support costs

The charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Refer to the table below for the basis for apportionment and the analysis of support and governance costs

Analysis of support and governance costs

General support Governance Total Basis of
Function apportionment
£ £ £
Independent Examiner
-		 480 480 Governance
Total
 - 480
 480

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KINGDOM LIFE CHURCH WIRRAL Notes to the Accounts for the year ended 31 December 2022

5 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel.

The charity trustees were not paid or received any other benefits from employment with charity as trustees in the year neither were, they reimbursed expenses during the year. No charity trustees received payment for professional or other services supplied to the charity. There were no transactions with connected parties requiring to be disclosed in these accounts.

6 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

7 Creditors: amounts falling due within one year.



Creditors and accruals

 2022 2021
£
£
480
480
480
480

8 Contingent assets – legacy income

As at 28 October 2022 the charity had not been notified of any legacy income or prospective legacy income.

9 Analysis of charitable funds

Analysis of movements in unrestricted funds

The charity has only one unrestricted general fund. The movements in that fund are shown in the Statement of Financial Activities.

All of the net assets apply to the one unrestricted general fund.

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