**REGISTERED COMPANY NUMBER: (England and Wales) REGISTERED CHARITY NUMBER: 1071300**
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2022
for
Barnabas Fellowship of Churches Trust
Avalon Accounting Limited 12 Park Lane Tilehurst Reading Berkshire RG31 5DL
Barnabas Fellowship of Churches Trust
## Contents of the Financial Statements for the Year Ended 31 December 2022
|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|2|
|Independent Examiner's Report||3||
|Statement of Financial Activities||4||
|Balance Sheet|5|to|6|
|Notes to the Financial Statements|7|to|10|
|Detailed Statement of Financial Activities|11|to|12|
Barnabas Fellowship of Churches Trust
## Report of the Trustees for the Year Ended 31 December 2022
The trustees present their annual report and accounts for the year ended 31 December 2022.
## **Objectives**
Barnabas seeks to plant or support churches that meet the needs of the area in which they are located. Barnabas also seeks to provide a framework for relationship where Christians can come together for mutual support and encouragement. Barnabas England also provides covering and support for church leaders by means of accreditation. Barnabas is a member of the Evangelical Alliance in the UK.
## **Report**
There are five Barnabas England Churches and Communities and two associated churches in England and two Barnabas Northern Ireland churches. We also have ministries and individuals that associate with us through our training and events. We have begun to develop support for smaller churches that are seeking to be renewed in their capacity for community impact and spiritual growth in their locations.
The two Northern Ireland churches continued to work together with a main thrust of this being the successful annual conference held in Coleraine.
The Turning an evangelistic initiative has continued to support missions in Reading, Berkshire, Mansfield in Nottinghamshire, across several boroughs of London and in the nation of Switzerland. Plans are in place to launch evangelistic festivals the first two being in Gran Caria and South Africa in 2023. The development of New Carmel Prophets has continued with prophetic hubs now launched in Reading, Birmingham, West London with Cambridge and Essex in Development. The first national conference was held at the end of 2022.
The work of Barnabas internationally has also continued which is led by the International Oversight Team (IOT) . There are Barnabas Churches and projects located in France, Zambia and Zimbabwe and in 2022 a group of churches in the Ivory Coast joined our fellowship for apostolic support and covering.
Barnabas over the year continued to relate to other church denominations and streams including the Baptist Union of Great Britain, Salt and Light, Fresh Streams and others.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document and a deed of trust.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
(England and Wales)
## **Registered Charity number**
1071300
## **Registered office**
384, The Meadway Tilehurst Reading Berkshire RG30 4NX
Page 1
Barnabas Fellowship of Churches Trust
## Report of the Trustees for the Year Ended 31 December 2022
## **Trustees**
Mrs. Janet Barfoot Mr. Gareth Owen Mr. Cameron Crawford Mark Hirst (appointed 1.1.22) Gary Victor Ashe (appointed 1.1.22)
## **Independent Examiner**
Avalon Accounting Limited 12 Park Lane Tilehurst Reading Berkshire RG31 5DL
17/07/2023
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Mr. Gareth Owen - Trustee
Page 2
## Independent Examiner's Report to the Trustees of Barnabas Fellowship of Churches Trust
## **Independent examiner's report to the trustees of Barnabas Fellowship of Churches Trust ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sanjay Kumar Swarup - ACA, MBA
Avalon Accounting Limited 12 Park Lane Tilehurst Reading Berkshire RG31 5DL
Date: .............................................
Page 3
## Barnabas Fellowship of Churches Trust
## Statement of Financial Activities for the Year Ended 31 December 2022
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
44,736
**Charitable activities**
Charitable
4,440
Investment income
2
59
**Total**
49,235
**EXPENDITURE ON**
**Charitable activities**
Charitable
57,918
Other
1,500
**Total**
59,418
**NET INCOME/(EXPENDITURE)**
(10,183)
**Transfers between funds**
7
-
**Net movement in funds**
(10,183)
**RECONCILIATION OF FUNDS**
Total funds brought forward
70,926
**TOTAL FUNDS CARRIED FORWARD**
60,743|Restricted
fund
£
48,687
12,747
21
61,455
53,307
3,014
56,321
5,134
-
5,134
-
5,134|2022
Total
funds
£
93,423
17,187
80
110,690
111,225
4,514
115,739
(5,049)
-
(5,049)
70,926
65,877|2021
Total
funds
£
107,097
27,718
7
134,822
129,079
-
129,079
5,743
(22,834)
(17,091)
88,017
70,926|
|---|---|---|---|
The notes form part of these financial statements
Page 4
## Barnabas Fellowship of Churches Trust
## Balance Sheet
## 31 December 2022
|Unrestricted
Restricted
fund
fund
Notes
£
£
**CURRENT ASSETS**
Debtors
4
425
-
Cash at bank
22,066
66,879
22,491
66,879
**CREDITORS**
Amounts falling due within one year
5
(659)
-
**NET CURRENT ASSETS**
21,832
66,879
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
21,832
66,879
**PROVISIONS FOR LIABILITIES**
6
38,911
(61,745)
**NET ASSETS**
60,743
5,134
**FUNDS**
7
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2022
Total
funds
£
425
88,945
89,370
(659)
88,711
88,711
(22,834)
65,877
60,743
5,134
65,877|2021
Total
funds
£
355
71,213
71,568
(642)
70,926
70,926
-
70,926
70,926
-
70,926|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
Barnabas Fellowship of Churches Trust
## Balance Sheet - continued 31 December 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
17/07/2023
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
Mr. Gareth Owen - Trustee
The notes form part of these financial statements
Page 6
Barnabas Fellowship of Churches Trust
Notes to the Financial Statements for the Year Ended 31 December 2022
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **INCOME**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **EXPENDITURE**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **TAXATION**
The charity is exempt from corporation tax on its charitable activities.
## **FUND ACCOUNTING**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**||||
|---|---|---|---|
||2022|2021||
||£|£||
|Interest Income-Unrestricted|80||7|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
Mr Gareth Owen received a retainer of £15,131 (2021 - £11,327) Mrs Janet Barfoot received a retainer of £19,831 (2021 - £16,777) Mr Robert House received a retainer of £4,855 (2021 - £5,601)
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
continued...
Page 7
Barnabas Fellowship of Churches Trust
## Notes to the Financial Statements - continued for the Year Ended 31 December 2022
|**4.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments and accrued income
**5.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accrued expenses
**6.**
**PROVISIONS FOR LIABILITIES**
FUNDS-Unrestricted
**7.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
Unrestricted Fund
**Restricted funds**
Restricted Fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
Unrestricted Fund
**Restricted funds**
Restricted Fund
**TOTAL FUNDS**|
At 1.1.22
£
70,926
-
70,926
Incoming
resources
£
49,235
61,455
110,690|2022
2021
£
£
425
355
2022
2021
£
£
659
642
2022
2021
£
£
22,834
-
Net
movement
At
in funds
31.12.22
£
£
(10,183)
60,743
5,134
5,134
(5,049)
65,877
Resources
Movement
expended
in funds
£
£
(59,418)
(10,183)
(56,321)
5,134
(115,739)
(5,049)|
|---|---|---|
continued...
Page 8
Barnabas Fellowship of Churches Trust
## Notes to the Financial Statements - continued for the Year Ended 31 December 2022
## **7. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|Net
movement
At 1.1.21
in funds
£
£
**Unrestricted funds**
Unrestricted Fund
90,392
(2,525)
**Restricted funds**
Restricted Fund
(2,375)
8,268
**TOTAL FUNDS**
88,017
5,743
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
Unrestricted Fund
40,950
**Restricted funds**
Restricted Fund
93,872
**TOTAL FUNDS**
134,822
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.1.21
in funds
£
£
**Unrestricted funds**
Unrestricted Fund
90,392
(12,708)
**Restricted funds**
Restricted Fund
(2,375)
13,402
**TOTAL FUNDS**
88,017
694|Transfers
between
At
funds
31.12.21
£
£
(16,941)
70,926
(5,893)
-
(22,834)
70,926
Resources
Movement
expended
in funds
£
£
(43,475)
(2,525)
(85,604)
8,268
(129,079)
5,743
Transfers
between
At
funds
31.12.22
£
£
(16,941)
60,743
(5,893)
5,134
(22,834)
65,877|
|---|---|
continued...
Page 9
Barnabas Fellowship of Churches Trust
## Notes to the Financial Statements - continued for the Year Ended 31 December 2022
## **7. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Unrestricted Fund
**Restricted funds**
Restricted Fund
**TOTAL FUNDS**|Incoming
resources
£
90,185
155,327
245,512|Resources
Movement
expended
in funds
£
£
(102,893)
(12,708)
(141,925)
13,402
(244,818)
694|
|---|---|---|
## **8. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2022.
Page 10
## Barnabas Fellowship of Churches Trust
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations & Legacies
Gift Aid Tax Recovery
Remember Income-Restricted
Barnabas Northern Ireland income
**Investment income**
Interest Income-Unrestricted
**Charitable activities**
Income from Charitable Activities
International-Restricted
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Staff Retainer Expenses
Staff Cost
SPT-Rrestricted
Conference & Meeting Fees
Insurance-Unrestricted
Emaus Project
Turning Expenses
BFOC NI Expenses
DBS Expenses
Travel Expenses-Restricted
Travel Expenses-Unrestricted
**Other**
Gate Building Project
NCP Expenses-Restricted
Gift for Yinka-Restricted|Detailed Statement of Financial Activities
for the Year Ended 31 December 2022|2022
£
10,166
63,507
3,937
600
15,213
93,423
80
7,029
10,158
17,187
110,690
23,758
3,098
-
4,360
755
-
19,189
13,734
1,129
7,613
357
73,993
1,500
1,294
1,720
4,514|2021
£
4,875
98,970
3,252
-
-|
|---|---|---|---|
|||||
||||107,097
7
10,072
17,646|
||||27,718|
||||134,822
18,645
2,725
856
4,470
687
31,000
24,403
2,724
729
6,166
-|
||||92,405
-
-
-|
||||-|
This page does not form part of the statutory financial statements
Page 11
## Barnabas Fellowship of Churches Trust
|**Support costs**
**Management**
Trustees' Retainer Expenses
**Finance**
Legal Fees
Bank charges
**Other**
Remember-Restricted
Computer Software Cost
Subscriptions
Repairs & Maintenance- Unrestricted
**Governance costs**
Accountancy and Independent
Examination-Unrestricted
Total resources expended
**Net (expenditure)/income**|Detailed Statement of Financial Activities
for the Year Ended 31 December 2022|2022
£
34,962
80
532
612
600
314
72
-
986
672
115,739
(5,049)|2021
£
33,705
-
428|
|---|---|---|---|
|||||
||||428
600
288
972
39|
||||1,899
642|
||||129,079|
||||5,743|
This page does not form part of the statutory financial statements
Page 12
Barnabas Fellowship Of Churches 384 The Meadway Tilehurst Reading RG30 4NX 18[th] May 2023
To,
Avalon Accounting Ltd 12, Park Lane Tilehurst Reading Berkshire RG31 5DL
Dear Sirs,
During the preparation of our accounts for the year ending 31[st] December 2022 the following representations were made by us to you.
## **Representation**
1. I acknowledge as director that I have fulfilled my responsibilities under the Charities Act 2011 for making accurate representations to you and for the accounts which you have prepared for the charity association.
2. I confirm that all accounting records had been made available to you for the purpose of preparing the independent examination report and that all the transactions undertaken by the charity had been properly reflected and recorded in the accounting records.
3. I confirm that the charity had no liabilities or contingent liabilities other than those disclosed in the accounts.
4. I confirm that there have been no events since the balance sheet date which required disclosing or which would materially affect the amounts in the accounts, other than those already disclosed or included in the report.
5. I confirm that the related party relationships and transactions set out below are a complete list of such relationships and transactions and that we are not aware of any further related party matters or transactions.
|transactions.|||
|---|---|---|
|**Party**|**Relationship**|**Nature of transaction**|
|-|-|-|
I confirm that I was aware that that a related party of the charity is a person or organisation which either directly or indirectly controls, has joint control of, or significantly influences the charity or vice versa and as a result will include: trustees, other key management, close family and other business interests of the previous.
6. I confirm that the charity has not contracted for any capital expenditure other than as disclosed in the accounts.
Barnabas Fellowship Of Churches 384 The Meadway Tilehurst Reading RG30 4NX
7. I confirm that the charity has not contracted for any capital expenditure other than as disclosed in the accounts.
8. I confirm that there are no laws or regulations that are central to the charity’s ability to conduct its business.
I confirm that I have read and understood the contents of this letter and agree that it accurately reflects the representations made to you by the trustees during the course of preparing the charity’s accounts.
Yours faithfully,
…………………………………………
On behalf of the Trustees Barnabas Fellowship Of Churches
Date: 17/07/2023