Trustees’ Annual Report for the period
From 01/04/2023 Period start date To Period end date
31/03/2024
Charity name: Revive Church Newbridge
Charity registration number: 1050639
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | A) To advance the Christian faith in accordance with the statement in such ways and in such parts of the United Kingdom or the world as the church council from time to time may think fit. B) To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including the provision of counselling and support in such parts of the UK or world as the church council from time-to-time think fit. C) To advance education in such ways and in such parts of the UK and the world as the church council may think fit. The mission of the church is to show our community the love of Jesus and to Revive hearts Rebuild lives Restore hope |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Church programmes completed their transition from pandemic to post-pandemic arrangements. Services continued to be streamed online for those who are unable to attend or for viewers further away who had accessed our live services through the lockdown periods. Those who couldn’t access technology continued to be resourced with weekly bible take always and DVD of services were available. We meet weekly to pray and have weekly bible studies, both in-person and online. Small group gatherings also resumed fortnightly. |
Our Pastors delivered school assemblies in two local primary schools. Our Parent and Toddlers programme continued, meeting the needs of young families in any way we could. Our Pastor is well established as Chair of Governors at Twynewdd Primary school. Statement confirming Para 1.18 The trustees follow guidance on public benefit whether the trustees have in their consideration of all the above had regard to the guidance activities, in accordance with the Charities Act issued by the Charity and Regulations 2008 Commission on public benefit
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
SORP reference
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | We have delivered a weekly programme of church meetings for members and the community. Our Baby and Toddler Bank continues to support families and this year has helped over 30 families, as does our school uniform bank providing uniform for an additional 30 families. Provide Emergency food drops to people in desperate need in our community. Our Pastors are supporting AOG activities and initiatives across Wales and Nationally We have gifted Easter eggs and Christmas gifts to children at all years across our local cluster of schools. We annually support the Operation Christmas Child Shoebox campaign, donating over 500 shoeboxes for children across the world. |
|---|---|---|
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | See attached |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | none |
| Amount of reserves held | Para 1.22 | See attached |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | none |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | none |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Our principle source of income comes from members tithes, offerings, and donations from within the church congregation |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | unincorporated |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Elected from membership |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Revive Church Newbridge |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1050639 |
| Charity’s principal address | Golden Grove Newbridge Caerphilly NP11 4FE |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|
|---|---|---|---|---|
| 1 | Nigel Brown | Secretary | ||
| 2 | Richard Brown | Treasurer | ||
| 3 | Gareth David Jenkins |
Senior Leader | ||
| 4 | Howard Evans | |||
| 5 | William David Palmer |
Resigned 24th September 2023 |
||
| 6 | Michelle Moseley | |||
| 7 | Matthew Cadman | Appointed 24th September 2023 |
||
| 8 | ||||
| 9 | ||||
| 10 | ||||
| 11 | ||||
| 12 | ||||
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| 15 | ||||
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| 18 | ||||
| 19 | ||||
| 20 |
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of **adviser ** |
Name | Address | ||
|---|---|---|---|---|
| Name of chief executive or names of senior staff members (Optional information) | ||||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
----- Start of picture text -----
Signed on behalf of the charity’s trustees
Signature(s) N Brown
Nigel John Brown
Full name(s) Richard Lawson Brown
ee
Position (eg Treasurer Secretary
Secretary, Chair, etc)
ee ee
Date 27th October 2023
|
----- End of picture text -----
Financial Statements for the Year Ended 31st March 2024
for
Revive Church Newbridge
Revive Church Newbridge
Contents of the Financial Statements for the Year Ended 31st March 2024
Detailed Profit and Loss Account
Statement of Assets and Liabilities
Notes to the Accounts
Revive Church Newbridge
Detailed Profit and Loss Account for the Year Ended 31st March 2024
| Income Offerings Gift aid donations Small gift aid donations Gift aid tax rebate Grants received Bank interest received Special offerings Expenditure Pastor's salary & pension Telephone & internet Website costs Missions Missions’ appeals Photocopier expenses Catering and cleaning supplies Pastoral care Heating lighting & water Repairs & maintenance Insurance Licences & subscriptions Gifts DBS checks Sundry expenses Equipment & furniture Bank charges Outreach Ministry training Youth & childrens work NET LOSS |
2024 £ 8,237 69,473 15,580 16,405 - 1,088 - 39,292 824 121 6,307 - 913 2,676 2,416 4,261 14,109 2,454 237 5,250 203 1,691 11,899 336 14,149 3,729 2,663 |
£ 110,783 113,530 (2,747) |
2023 £ 6,256 57,620 11,986 16,789 2,200 191 2,687 35,762 515 106 6,000 3,793 873 1,180 2,912 3,597 20,601 2,406 214 2,355 343 1,014 324 326 16,255 1,527 1,607 |
£ 97,729 101,710 (3,981) |
|---|---|---|---|---|
Revive Church Newbridge
| Statement of Assets & Liabilities 31st March 2024 CHURCH BUILDING Land & Buildings owned by the Church. (Trustees estimated market value) Fixtures and moveable items (Estimated value) BANK ACCOUNTS Church current account Church savings account Church outreach account OTHER CURRENT ASSETS Prepayments and accrued income HMRC Gift Aid Rebate CURRENT LIABILITIES HMRC – PAYE & NIC |
2024 £ £ 450,000 52,500 502,500 9,450 102,529 - 111,979 2,519 19,368 21,887 - |
2023 £ 450,000 52,500 502,500 16,604 98,691 - 119,471 1,950 16,405 18,355 699 |
|---|---|---|
Revive Church Newbridge
Notes to the Accounts
For the year ended 31[st] March 2024
ACCOUNTING POLICIES
The following accounting policies have been used consistently in dealing with items which are considered material in relation to the financial statements.
Accounting Convention
The financial statements have been prepared under the historical cost convention. In preparing the financial statements the charity follows best practice as laid down in the Statement of Recommended Practice Accounting and Reporting (revised 2005) by Charities and the Charities Act.
Incoming Resources
Income is received by way of grants, donations and gifts and is included in incoming resources.
Resources Expended
Resources expended are included in the Profit and Loss on an accruals basis, inclusive of any Value Added Tax which cannot be recovered.
Tax
As a registered charity the organisation benefits from rates relief and is generally exempt from Income Tax and Capital Gains Tax but not from VAT. Irrecoverable VAT is included in the cost of those items which it relates
Fund Accounting
-
Unrestricted funds comprise those funds which the Trustees are free to use in accordance with the charitable objectives.
-
Designated funds are unrestricted funds earmarked by the trustees for charity purposes.
-
Restricted funds are funds which have been given for specific purposes. The restriction being placed by the donor. The restricted funds are individually identified on the face of the profit and loss account.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
REVIVE CHURCH NEWBRIDGE
YEAR ENDED 31ST MARCH 2024
The report relates to financial statements set out on page 1 to 3
Respective responsibilities of trustees and examiner
The 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.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners.
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 you as 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.
Independent examiner's statement
In connection with my examination, no matter has come to my attention to indicate that:
(1) Accounts have not been kept in accordance with section 386 of the Companies Act 2006
(2) The accounts do not accord with such records.
(3) Where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006, or are not consistent with the Charities SORP (FRS 102)
(4) Any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts.
S Lewis
Susan Lewis FCCA 6 Park Road Newbridge Newport. NP11 4RF
Date: 11th September 2024