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2022-12-31-accounts

EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2022 1

Trustees’ Annual Report

(Accompanying Receipts and Payment Accounts)

Eagle’s Nest Church Arnold

PO Box 6393

Arnold

Nottingham

NG5 6GL

Charity Commission Registered Number 1082849

Financial Year 1 January 2022 – 31 December 2022

Principal Contact: John Fahy

www.eaglesnest.org.uk

2 EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2022

Governing Document

Eagle’s Nest Church Arnold adopted the Assemblies of God Model Trust Deed dated 30 March 2000 and amended 7 May 2006.

Objectives of the Charity

The objectives of Eagle’s Nest Church Arnold are for the benefit of the public:

Scope

Eagle’s Nest Church exists to impact the town of Arnold, Nottingham by building community and making a tangible, positive difference to the residents of Arnold. Also we support development projects in other countries where we have built relational links. Finally our purpose is to facilitate a vibrant, growing church in Arnold.

Activities and Achievements

2022 has been a year of celebration for Eagle’s Nest Church. Church life and community returned to normal post pandemic and many new people joined the church. We also celebrated the 25[th] birthday of the church. Our Celebration Service was delayed by a few months due to Covid-19, but on the 3[rd] July 2022 church members, past and present gathered for a worship service and picnic.

Sunday Services

These have gone from strength to strength in 2022 as new people have joined the church. Many of these moved to the area during the pandemic and we are delighted to see an increase in ethnic diversity amongst the congregation. We continue to be a multi-generational community church with newborns all the way up to octogenarians in our congregation. Due to skills learnt during the pandemic we are now able to broadcast our Sunday service messages on our YouTube Channel.

Kids and Youth

Eagle’s Kids and Explorers run on Sundays where up to 35 children, aged 0 - 11 attend for games, activities and teaching in age relevant groups.. Our young peoples’ group RISE, for those aged 12-18, runs fortnightly on a Sunday, and meets termly with other church youth groups in Arnold. They also attended the DTI Youth Festival in Stafford for one day during August 2022.

EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2022 3

Hubs

Attendees of Eagle’s Nest Church are also invited to join a mid-week group of around 6-10 members. These were a mix of online and in-person groups during 2022.

Community

Partnering with a number of other Arnold Churches, and organised under guidance from Trussell Trust, we are also involved in running a local Foodbank Scheme. The Arnold Foodbank is an invaluable resource to many people suffering from the cost of living crisis.

In addition, we are partnered with Hope into Action helping to deliver practical support for families suffering the threat of homelessness, by providing housing, counselling, befriending and other essential services.

Financial Review

The total income for 2022 of £108,518 was predominantly provided by the generous donations of the members of Eagle’s Nest Church. This included restricted donations of £3,000. Expenditure for 2022 totalled £123,050. Careful monitoring of charity’s income and expenditure meant that we ended 2022 with a year end balance of £49,782.

In total 73% (£89,600) of our expenditure was spent on the regular church activities including Sunday church, Hubs, pastoral care and the general running of the church. 27% (£33,450) was spent on external community people and projects both locally and overseas.

Full details of our finances can be found in the accompanying receipts and payments accounts.

Names of Trustees

Reserves and Investment Policy

The Church Council have established a policy whereby the unrestricted funds not committed should be ideally three months of the resource required.

The Trustees consider the returns on investment to be satisfactory.

Governance

The Eldership provides spiritual oversight of the church. The Elders of the church appoint Trustees and the Trustees collectively form the Church Council. The legal authority is placed in the Church Council.

Asset Register

4 EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2022

Professional Advisers

HSBC Bank, 104 Front St, Arnold, Nottingham, NG5 7EG

Geldard's LLP Solicitors, Number One Pride Place, Pride Park, Derby, DE24 8QR

Andrew Pearson, FMCA Executive Practice, 87 Main St, Newton Linford, Leicestershire LE6 0AF

Grant-making Policy

Grants are made to associated charities with compatible objectives and to individuals with needs that fall within the scope of our charitable objectives.

Review of Major Risks

After a review of the risks, the Church Fellowship Insurance Policy, Data and Safeguarding Policy were updated.

Volunteers

We would like to thank all the volunteers who work hard to make our church the lively and vibrant gathering it is and also for running community events that make a positive impact on the lives of hundreds of people and families in the town of Arnold.

Supported Charities

Eagle’s Nest Church has existing partnerships with various charities involved in mission work and community transformation both locally and worldwide. In particular:

Eagle's Nest Community Action

ENCA is a newly formed Charity Limited by Guarantee to provide a legal structure for the management of Eagle's Nest Centre and other charity community projects in Arnold and the surrounding area.

The King’s Village Ghana

We continue to financially contribute toward The King’s Village in Ghana, enabling the advancement of education and inclusion of their communities. The support is directed through the UK Charity ‘The King's Village Ghana,' charity number 1182366, which then oversees and transfers funds to the Ghanaian NGO. More information can be found at www.tkvg.org.uk

Assemblies of God

The Assemblies of God in Great Britain is the largest Pentecostal Denomination and serves a membership of some six hundred churches nationwide. Eagle’s Nest Church has been in affiliation with the denomination since 2000. Each member church donates 3% of their annual income to support the administration and wider work of the denomination.

NG Church Network, Nottingham

The church minister, John Fahy, continues to hold an active role in the wider NG Church Network. We contribute monthly to a fund that supports integrated projects across Nottingham and Nottinghamshire.

Evangelical Alliance

Eagle’s Nest Church has been fully affiliated to the Evangelical Alliance since 2000.

73[rd] Trust

Eagle’s Nest Church supports the 73[rd] Trust which exists to engage the unchurched through relevant communication of the Gospel. It provides resources for churches as it seeks to reach out and make a difference in this nation and to act as a support base for Mark Ritchie, that will enable him to pioneer numerous and diverse channels of the Gospel to today's generation.

EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2022 5

Arnold Foodbank

The Arnold Foodbank was established under the guidance of The Trussell Trust. We are one of a number of local charities that supports the Arnold Foodbank.

Hope into Action

Hope into Action provides homes for the most vulnerable in society in partnership with local churches.

Eagles Nest Church Arnold (Reg No 1082849) Receipts and Payments Account for the year ended 31 December 2022

INCOME
Notes
Charitable Activities
Other
Donations
The King's Village GHANA
NG
Awards For All
COVID-19
Other Donations
Grants
Council
LIS
Other Income
CJRS Furlough
Gift Aid
Investment Income
TOTAL INCOME
EXPENSES
Administration
Charity Hub
Evangelism & Counselling
Other
Family Fun & Events
LIS
Other
Kids Work
Council
LIS
Awards For All
Other
Mid Week Courses
Ministry
Other Charities
NG
Other
Pastoral
COVID-19
NG
Other
Sunday Service
Training & Development
Youth Work
SOS
Council
LIS
Other
TOTAL EXPENSES
Funds Transfer
COVID-19
LIS
Council
NG
TOTAL INCOME - EXPENSES
Account Bal
Assets
Bank Accounts
Deposit Account
Current Account
Other Assets
Loan to ENCA
Total Assets
Funds
Restricted
LIS
Council
NG
COVID-19
Unrestricted
Signed
Trustees
Chairman
Treasurer
Date
25th May 2023		 Restricted
Unrestricted
Total
Funds
690
-
3,000
-
-
104,800
-
-
-
-
-
-
-
28		 £
£
Total
Total
2022
2021
690
831
-
-
3,000
10,277
-
-
-
252
104,800
68,390
-
3,950
-
2,250
-
4,774
-
15,116
28
2
3,000
105,518		 108,518
105,842
-
2,940
-
-
-
68
1,490
-
1,857
-
-
302
-
-
-
-
11,825
-
690
-
64,796
7,760
-
-
12,760
-
-
500
-
-
255
-
10,411
-
1,852
-
-
-
-
3,156
-
-
2,388		 £
£
2,940
3,449
-
-
68
503
1,490
-
1,857
-
1,449
302
44
-
-
11,825
3,628
690
756
64,796
40,747
7,760
6,208
12,760
12,138
-
216
500
1000
255
1,188
10,411
12,076
1,852
155
-
-
-
-
3,156
1,087
2,388
7,948
13,208
109,842		 123,050
92,592
(36)
36
3,830
(3,830)
(2,501)
2,501
2,192
(2,192)
(6,723)
(7,809)
ances as at 31 Decembe
Restricted
Unrestricted
Funds
Funds
-
17,606
-
32,176
-
49,782
-
3,115
-
52,897
-
-
-
-
-
-
-
-
52,897
-
52,897		 -
-
-
-
-
-
-
-
(14,532)
13,250
r 2022
£
£
2022
2021
17,606
17,579
32,176
44,908
49,782
62,487
3,115
4,943
52,897
67,430
-
1,118
-
2,501
-
3,068
-
36
52,897
60,707
52,897
67,430
John Fahy
Julian Bond

Independent Examiners Report on the Accounts Eagles Nest Church Arnold (Reg No 1082849)

for the year ended 31 December 2022

Report to the Trustees/Members

I report to the charity trustees on my examination for the year ended 31 December 2022 which are set out below

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. 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 the 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 material matters have come to my attention which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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Independent Examiner
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Date 25 May 2023
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Andrew Pearson F.C.M.A.

87 Main Street

Newtown Linford

Leicestershire

LE6 0AF