## **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|||||
|13|||||
|14|||||
|15|||||
|16|||||
|17|||||
|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