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2023-12-31-accounts

EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2023 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 2023 – 31 December 2023

Principal Contact: John Fahy

www.eaglesnest.org.uk

2 EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2023

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

2023 has been a year of success for Eagle’s Nest Church. Highlights include that we have seen new people from all age groups come and be part of our church community. Our Breakfast Club was launched which supports families suffering from the cost of living crisis and our support of partner charities has flourished.

Sunday Services

These have gone from strength to strength in 2023 as new people have joined the church. Eagle’s Nest Church continues to be a multigenerational and multiethnic community church, that exists to worship and service God and to have a tangible impact on our local community. 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. They also attended the DTI Youth Festival in Stafford during August 2023.

Hubs

Attendees of Eagle’s Nest Church are also invited to join a mid-week group of around 6-10 members.

EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2023 3

Community

Breakfast Club, 2023 saw the launch of our new initiative which provides a cooked breakfast and packed lunch for families on or near the Killisick Estate who are suffering from the cost-of-living crisis. We have targeted this support to one of the areas of greatest socio-economic need in Gedling Borough. Thanks to grants from Gedling Borough Council, NHSEi, Jigsaw Homes, and the Community Fund we were able to feed and support up to 80 people, 3 days per week during the school holidays and

one evening per week during term time. This work will continue in 2024, with the help of 10 regular volunteers.

Eagle’s Nest Church also runs a Toddler Group on Wednesday mornings which is well attended by members of the local 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 2023 of £117,977 was predominantly provided by the generous donations of the members of Eagle’s Nest Church. This included restricted donations of £2,280 and Breakfast Club grants of £25,337. Expenditure for 2023 totalled £89,204. Careful monitoring of charity’s income and expenditure meant that we ended 2023 with a year end balance of £81,670, of which £21,103 is restricted income for ongoing projects.

In total 81% (£75,588) of our expenditure was spent on the regular church activities including Sunday church, Hubs, pastoral care and the general running of the church. 19% (£16,615) 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.

4 EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2023

Asset Register

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 Charity Limited by Guarantee to provide a legal structure for the management of Eagle's Nest Community 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.

EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2023 5

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.

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. We support one house in Arnold, where the tenants come under our care and befriending, through Eagle’s Nest volunteers.

World of Worth WOW

WOW is a charity and missions organisation that is passionate about restoring dignity and hope to women and girls, helping them to understand that they have value and worth. We are specifically partnering with them to support the Romani community near Plovdiv, Bulgaria to relive hardship.

Eagles Nest Church Arnold (Reg No 1082849) Receipts and Payments Account for the year ended 31 December 2023

£
£
INCOME
Notes
Restricted
Unrestricted
Total
Total
Total
Funds
2023
2022
Charitable Activities
Other
55
55
690
Donations
The King's Village GHANA
1,878
1,878
-
NG
402
402
3,000
Awards For All
-
-
COVID-19
-
-
-
Other Donations
-
90,040
90,040
104,800
Grants
Council
-
-
-
-
Breakfast Club
25,337
25,337
-
Other Income
CJRS Furlough
-
-
-
-
Gift Aid
-
-
-
-
Investment Income
-
265
265
28
TOTAL INCOME
27,617
90,360
117,977
108,518
EXPENSES
£
£
Administration
-
3,088
3,088
2,940
Charity Hub
-
-
-
-
Evangelism & Counselling
Other
-
150
150
68
Family Fun & Events
LIS
-
-
-
1,490
Breakfast Club
4,635
-
4,635
-
Other
1,471
1,471
1,857
Kids Work
Council
-
-
-
-
LIS
-
-
-
302
Awards For All
-
-
-
-
Other
-
10,859
10,859
11,825
Mid Week Courses
-
605
605
690
Ministry
The King's Village GHANA
1,878
-
1,878
64,796
Other
-
47,235
47,235
-
Other Charities
NG
-
-
-
7,760
Other
-
6,957
6,957
12,760
Pastoral
COVID-19
-
-
-
0
NG
-
-
-
500
Other
-
336
336
255
Sunday Service
-
6,384
6,384
10,411
Training & Development
-
2,090
2,090
1,852
Youth Work
SOS
-
-
-
-
Council
-
-
-
-
LIS
-
-
-
3,156
Other
-
3,516
3,516
2,388
TOTAL EXPENSES
6,513
82,691
89,204
123,050
Funds Transfer
COVID-19
-
-
-
-
LIS
-
-
-
-
Council
-
-
-
-
NG
-
-
-
-
TOTAL INCOME - EXPENSES
21,104
7,669
28,773
(14,532)
Account Balances as at 31 December 2023
Assets
Restricted
Unrestricted
£
£
Funds
Funds
2023
2022
Bank Accounts
Deposit Account
-
17,871
17,871
17,606
Current Account
21,104
39,580
60,684
32,176
21,104
57,451
78,555
49,782
Other Assets
Loan to ENCA
-
3,115
3,115
3,115
Total Assets
21,104
60,566
81,670
52,897
Funds
Restricted
LIS
-
-
-
-
Breakfast Club
20,702
-
20,702
-
NG
402
-
402
-
COVID-19
-
-
-
-
Unrestricted
60,566
-
60,566
52,897
21,104
60,566
81,670
52,897
Signed
-
Trustees
Chairman
John Fahy
Treasurer
Julian Bond
Date
10th September 2024		 Restricted
Unrestricted
Total
Funds
55
1,878
402
-
-
90,040
-
-
25,337
-
-
-
-
-
265		 £
£
Total
Total
2023
2022
55
690
1,878
-
402
3,000
-
-
-
-
90,040
104,800
-
-
25,337
-
-
-
-
-
265
28
27,617
90,360		 117,977
108,518
-
3,088
-
-
-
150
-
-
4,635
-
1,471
-
-
-
-
-
-
-
10,859
-
605
1,878
-
-
47,235
-
-
-
6,957
-
-
-
-
-
336
-
6,384
-
2,090
-
-
-
-
-
-
-
3,516		 £
£
3,088
2,940
-
-
150
68
-
1,490
4,635
-
1,471
1,857
-
-
-
302
-
-
10,859
11,825
605
690
1,878
64,796
47,235
-
-
7,760
6,957
12,760
-
0
-
500
336
255
6,384
10,411
2,090
1,852
-
-
-
-
-
3,156
3,516
2,388
6,513
82,691		 89,204
123,050
-
-
-
-
-
-
-
-
28,773
(14,532)
78,555
49,782
3,115
3,115
81,670
52,897
-
-
20,702
-
402
-
-
-
60,566
52,897
81,670
52,897
-
John Fahy
Julian Bond

Independent Examiners Report on the Accounts Eagles Nest Church Arnold (Reg No 1082849) for the year ended 31 December 2023

Report to the Trustees/Members

I report to the charity trustees on my examination for the year ended 31 December 2023 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.

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.

Independent Examiner Date 31 August 2024

Andrew Pearson F.C.M.A.

87 Main Street

Newtown Linford Leicestershire LE6 0AF