**REGISTERED CHARITY NUMBER: 1071300**
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2023
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 2023
|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|2|
|Independent Examiner's Report||3||
|Statement of Financial Activities||4||
|Balance Sheet||5||
|Notes to the Financial Statements|6|to|9|
|Detailed Statement of Financial Activities|10|to|11|
Barnabas Fellowship of Churches Trust
## Report of the Trustees
## for the Year Ended 31 December 2023
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of 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).
The trustees present their annual report and accounts for the year ended 31 December 2023.
## **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 eight Barnabas England Churches and associated communities 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 across several boroughs of London and in the nations of Switzerland , Spain (Gran Canaria) and South Africa. Plans are in place to launch festivals in Spain (Madrid) and in Livingstone in Zambia.
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 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 , Zimbabwe , Cote D'Ivoire and Israel.
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 Charity number**
1071300
## **Principal address**
384, The Meadway Tilehurst Reading Berkshire RG30 4NX
Barnabas Fellowship of Churches Trust
Report of the Trustees for the Year Ended 31 December 2023
## **Trustees**
Mrs. Janet Barfoot Mr. Gareth Owen Mr. Cameron Crawford Mr. Mark Hirst Mr. Gary Victor Ashe
## **Independent Examiner**
Avalon Accounting Limited 12 Park Lane Tilehurst Reading Berkshire RG31 5DL 13/05/2024 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Mr. Gareth Owen - Trustee
## 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**
I report to the charity trustees on my examination of the accounts of Barnabas Fellowship of Churches Trust (the Trust) for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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: .............................................
## Barnabas Fellowship of Churches Trust
## Statement of Financial Activities for the Year Ended 31 December 2023
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
39,566
**Charitable activities**
Charitable
1,712
Investment income
2
125
**Total**
41,403
**EXPENDITURE ON**
**Charitable activities**
Charitable
44,549
Other
2,141
**Total**
46,690
**NET INCOME/(EXPENDITURE)**
(5,287)
**RECONCILIATION OF FUNDS**
Total funds brought forward
83,577
**TOTAL FUNDS CARRIED FORWARD**
78,290|Restricted
fund
£
50,530
9,407
138
60,075
71,241
12,805
84,046
(23,971)
5,134
(18,837)|2023
Total
funds
£
90,096
11,119
263
101,478
115,790
14,946
130,736
(29,258)
88,711
59,453|2022
Total
funds
£
93,423
17,187
80
110,690
111,225
4,514
115,739
(5,049)
70,926
65,877|
|---|---|---|---|
## Barnabas Fellowship of Churches Trust
## Balance Sheet 31 December 2023
|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|£|£|£|£|
|**CURRENT ASSETS**||||||
|Debtors|4|-|-|-|425|
|Cash at bank and in hand||20,943|39,205|60,148|88,945|
|||20,943|39,205|60,148|89,370|
|**CREDITORS**||||||
|Amounts falling due within one year|5|(695)|-|(695)|(659)|
|**NET CURRENT ASSETS**||20,248|39,205|59,453|88,711|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**||20,248|39,205|59,453|88,711|
|**PROVISIONS FOR LIABILITIES**|6|58,042|(58,042)|-|(22,834)|
|**NET ASSETS**||78,290|(18,837)|59,453|65,877|
|**FUNDS**|7|||||
|Unrestricted funds||||78,290|60,743|
|Restricted funds||||(18,837)|5,134|
|**TOTAL FUNDS**||||59,453|65,877|
13/05/2024
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
bs ............................................. e Mr. Gareth Owen - Trustee
Barnabas Fellowship of Churches Trust
Notes to the Financial Statements for the Year Ended 31 December 2023
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **TAXATION**
The charity is exempt from 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**
## **3.**
|Deposit account interest
**TRUSTEES' REMUNERATION AND BENEFITS**
Trustees' fees
Mr Gareth Owen received a retainer of £13,065 (2022 - £15,131)
Mrs Janet Barfoot received a retainer of £7,312 (2022 - £19,831)|2023
£
263
2023
£
20,377|2022
£
80
2022
£
34,962|
|---|---|---|
||||
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Barnabas Fellowship of Churches Trust
## Notes to the Financial Statements - continued for the Year Ended 31 December 2023
|**4.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments
**5.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**6.**
**PROVISIONS FOR LIABILITIES**
Provisions
**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 1.1.23
£
83,577
5,134
88,711
Incoming
resources
£
41,403
60,075
101,478|2023
2022
£
£
-
425
2023
2022
£
£
695
659
2023
2022
£
£
-
22,834
Net
movement
At
in funds
31.12.23
£
£
(5,287)
78,290
(23,971)
(18,837)
(29,258)
59,453
Resources
Movement
expended
in funds
£
£
(46,690)
(5,287)
(84,046)
(23,971)
(130,736)
(29,258)|
|---|---|---|
Barnabas Fellowship of Churches Trust
## Notes to the Financial Statements - continued for the Year Ended 31 December 2023
## **7. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1.1.22
£
**Unrestricted funds**
Unrestricted Fund
70,926
**Restricted funds**
Restricted Fund
-
**TOTAL FUNDS**
70,926
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
Unrestricted Fund
49,235
**Restricted funds**
Restricted Fund
61,455
**TOTAL FUNDS**
110,690
A current year 12 months and prior year 12 months combined position is as follows:
At 1.1.22
£
**Unrestricted funds**
Unrestricted Fund
70,926
**Restricted funds**
Restricted Fund
-
**TOTAL FUNDS**
70,926|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)
Net
movement
At
in funds
31.12.23
£
£
(15,470)
55,456
(18,837)
(18,837)
(34,307)
36,619|
|---|---|
Barnabas Fellowship of Churches Trust
## Notes to the Financial Statements - continued for the Year Ended 31 December 2023
## **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
£
90,638
121,530
212,168|Resources
Movement
expended
in funds
£
£
(106,108)
(15,470)
(140,367)
(18,837)
(246,475)
(34,307)|
|---|---|---|
## **8. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2023.
## Barnabas Fellowship of Churches Trust
Detailed Statement of Financial Activities for the Year Ended 31 December 2023
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations & Legacies
Gift Aid Tax Recovery
Remember Income-Restricted
Barnabas Northern Ireland income
**Investment income**
Deposit account interest
**Charitable activities**
Income from Charitable Activities
International-Restricted
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Insurance-Unrestricted
BFOC NI Expenses
Staff Retainer Expenses
Staff Cost
Conference & Meeting Fees
Turning Expenses
DBS Expenses
Travel Expenses-Restricted
Travel Expenses-Unrestricted
Barnabas- Unrestricted
SPT-Restricted
**Other**
Printing Postage Subscriptions and stationery -
Restricted
Emaus Project-Restricted
Sundry Gifts- Unrestricted
Carried forward|2023
£
5,875
56,572
15,177
-
12,472
90,096
263
1,712
9,407
11,119
101,478
425
44,516
14,304
3,800
-
17,740
1,335
7,942
-
34
2,385
92,481
55
2,464
2,141
4,660|2022
£
10,166
63,507
3,937
600
15,213|
|---|---|---|
|||93,423
80
7,029
10,158|
|||17,187|
|||110,690
755
13,734
23,758
3,098
4,360
19,189
1,129
7,613
357
-
-|
|||73,993
-
-
-
-|
## Barnabas Fellowship of Churches Trust
## Detailed Statement of Financial Activities for the Year Ended 31 December 2023
|**Other**
Brought forward
The Gate Building Project
NCP Expenses - Restricted
International Offering Restricted
Gift for Yinka-Restricted
Evangelical Baptist Legal Advice - Restricted
**Support costs**
**Management**
Trustees' Retainer Expenses
**Finance**
Bank charges
Legal Fees
**Other**
Computer Software Cost
Remember-Restricted
Subscriptions
**Governance costs**
Accountancy and Independent
Examination-Unrestricted
Total resources expended
**Net expenditure**|2023
£
4,660
-
103
6,315
3,450
418
14,946
20,377
400
40
440
1,464
-
320
1,784
708
130,736
(29,258)|2022
£
-
1,500
1,294
-
1,720
-
4,514
34,962
532
80
612
314
600
72
986
672
115,739
(5,049)|
|---|---|---|
Barnabas Fellowship Of Churches 384 The Meadway Tilehurst Reading RG30 4NX
09[th] April 2024
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 2023 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,
## bs Fe
…………………………………………
On behalf of the Trustees Barnabas Fellowship Of Churches
Date: 13/05/2024