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2023-12-31-accounts

REGISTERED COMPANY NUMBER: 04272968 (England and Wales) REGISTERED CHARITY NUMBER: 1088731

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2023

for Arise Church Lincoln

Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG

Arise Church Lincoln

Contents of the Financial Statements for the Year Ended 31 December 2023

Page
Report of the Trustees 1 to 8
Independent Examiner's Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Financial Statements 12 to 19
Detailed Statement of Financial Activities 20 to 21

Arise Church Lincoln

Report of the Trustees for the Year Ended 31 December 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, 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) (as amended by Update Bulletin 1 and 2).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Principal Activities

The principal activities of the charity in the period under review were in accordance with the charity's objectives stated in the Memorandum of Association, and in summary was that of the advancement of the Christian faith (as defined in the Schedule under Statements of Belief), and the giving of assistance and relief to persons in need or hardship. In setting our objectives and planning our activities the Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission, and the specific guidance for charities for the advancement of religion.

Aims

The charity's aims are a durable statement of the running of the Church's affairs:

Annual Objectives

The charity's objectives for 2023 were as follows:

To raise the level of giving year on year and actively manage reserves to ensure they are appropriate and - utilised in the best manner.

The above annual objectives were consistent with the overall aims and objectives of the charity and are reported on in the Achievement and Performance section of this report.

Public Benefit

As outlined above, the charity provides public benefit in the following ways, mainly to the local community in which it is situated and seeks to serve. These are provided through a combination of face to face and online services.

Page 1

Arise Church Lincoln

Report of the Trustees for the Year Ended 31 December 2023

OBJECTIVES AND ACTIVITIES Grantmaking

Grant Policy

Grants are made under the Objectives and fall into two categories; support for volunteers and others who wish to pursue the charity's Objectives and personal support for persons in need. Each grant is treated on its merits and recipients are expected to show how supporting them will serve the Objectives and must demonstrate that they have made reasonable efforts to support themselves before making a claim. Such efforts would normally include seeking suitable employment where appropriate, and making claims for statutory benefits and other relevant sources.

Volunteers

The charity is grateful for the hard work of its volunteers, which number up to 100, who are directly involved in project work and fund-raising.

Page 2

Arise Church Lincoln

Report of the Trustees for the Year Ended 31 December 2023

ACHIEVEMENT AND PERFORMANCE

Performance Overview

The performance of the charity has progressed positively against the annual objectives. The Trustees and Core Leadership Team remained focussed on delivering as many of the annual objectives as possible, and the results are as follows:

Review of Operational Activities

Church Activities

The beginning of 2023 saw the church community of Life Church continue to grow in strength, unity and diversity. The start of the year also brought with it a period of transition in the shape of a change of leadership. This transition was managed effectively and healthily and the whole church were able to celebrate previous leaders while welcoming and supporting the new leadership structure.

The church continued to advance into the digital space, finding new ways of connecting, resourcing and reaching people both locally, nationally and internationally. Throughout the year the church was able to continue to make its Sunday services available via livestream, and provide many other opportunities for people to engage with teaching and discussion via online activities.

Towards the end of the year, the Church began preparation to officially change its name from Life Church Lincoln to Arise Church Lincoln. Excellent preparation and management of the change meant that this change officially took place on 1st January 2024, with the full support of all members of the church community. This change was celebrated with a New Years Eve Party for all the church members and a special midnight service to welcome in the new year and mark the change of identity.

In September of 2023 the church launched a short "school" of training and equipping members in various different aspects of ministry with a view to continue this training in subsequent years. This was done with a desire to raise new leaders and to help facilitate ministry across the whole body of the church.

Page 3

Arise Church Lincoln

Report of the Trustees for the Year Ended 31 December 2023

Throughout the year we continued with our programme of providing high-quality Christian teaching for the church. We were able to continue to take further steps to reach more people online, too, via the use of various platforms. We continued to introduce new speakers on Sundays as well as inviting other high-profile speakers to share during our services. We are proud to continue to be members of the Ground Level Network and the Evangelical Alliance, which lend real credence and support to what we do and who we are as Arise Church Lincoln.

Children's and youth activities continued to grow throughout the year and we have been able to partner with other churches across the county to provide activity nights and connection for the youth.

For the younger children and families we were able to offer a range of community events and activity days. This included a light party in October and a range of Christmas events aimed at providing an accessible place for families with young children to enjoy the festive period together and hear the story of Christmas.

Our work into local schools continued over 2023, with church staff regularly providing assemblies both online and in-person. Our relations with local schools continues to be something we both prioritise and take real pride in.

During the Summer the church hosted an outdoor service which attracted many members of the local community. The church was also able to provide a low cost BBQ for all attending afterwards along with the a whole host of activities for children and young people to engage with.

Community Activities

2023 saw Arise Church run a number of different activities that benefited the communities we seek to serve.

Highlights include -

Over the Summer we hosted a series of BBQs and other family orientated activities, including providing a free meal each Sunday throughout August. We also continued to provide a once-a-month free meal after our Sunday Services which were open to anyone.

In October we hosted an in-person Light Party at Woodlands Infants School, an alternative celebration to Hallowe'en, which was very well attended from both those at Woodlands and families within the church.

In December the church embarked on a series of activities within the community to help bring the joy of the Christmas story to life in the local area. This included carol singing, the delivery of a free Christmas gift to over 400 homes local to the church building, partnering with Ignite Church and the Salvation Army to host a carol concert at the Barrel Pub, as well as hosting a series of Christmas related services across the period from within the church.

The developing connections between local people at these events demonstrates that they are helping to meet a specific need in the area for people to feel part of their local communities and connected to the church, even if just on a 'loose' basis.

Alleviating Need

As an expression of our desire to demonstrate the Christian principle of helping those in need we continue to look for ways to alleviate local poverty. We continue to be fully active as a FoodBank distribution centre, which allows us to collect and give food to local individuals, couples and facilities who are in need. Over the year we have seen a real increase in the number of people we have been able to help through FoodBank.

New for 2023 was the addition of a Wellbeing Hub which now facilitates not only the Foodbank but also a community café. The community café launched in November of 2023 and has already had a significant impact in helping to combat loneliness and isolation. The Wellbeing hub was launched in partnership with Bridge Church and uses NHS funding to provide a space where adults can make meaningful connections and community can be strengthened. We are delighted to be able to offer this service to the local community.

In line with opening of the Wellbeing Hub we were able to install a new storage container using money granted from Birchwood Big Local that has enabled the Foodbank to be operated under the umbrella of the Wellbeing Hub. This has had the benefit of joining up these services and offering those accessing the Foodbank a greater level of support.

Foodbank distribution operates from 10:30am-12:30pm Monday-Wednesday and the Wellbeing Community Café is open 10:30am-1:30pm Monday-Wednesday.

Throughout 2023 we have continued to host a once-a-week Citizens Advice drop in session. The session now sits inside the Wellbeing Hub and is regular accessed by members of the public. The session runs on Wednesdays 10:30am - 12:30pm.

We maintain excellent links with charities and churches locally and nationally so that people can be referred for help for money management and debt advice, mental health support, healthy eating classes and more.

Page 4

Arise Church Lincoln

Report of the Trustees for the Year Ended 31 December 2023

Throughout 2023 we were able to continue to support Night Light Café, in partnership with local charity Acts Trust and the NHS. This facility supports those struggling with mental health issues and provides a listening ear, help and care to service users.

Oasis

Oasis Community Lunch continued to run through 2023 up until September, at which time Oasis ceased, to make space for the Wellbeing Hub to launch its Community Café. Many of the Volunteers previously serving through Oasis have continued to do so as part of the Wellbeing Hub. Oasis ran for 17 years in which time it served thousands of meals, on a donation only basis, to members of the local community. Operating as a place of welcome, safety, community and belonging we are immensely proud of what Oasis achieved and immeasurably grateful to all those who volunteered as part of the Oasis Team.

Diamond Park

Diamond Park continues to be of major benefit for the community of Birchwood. As the only Community Park in the locality providing play facilities for toddlers to teens, it is in high demand throughout the summer months. The park has been fully renovated in recent years and is now in the hands of a local group who are able to ensure its day-to-day running, in line with our vision of a community-owned park when the church was originally fully responsible for its maintenance. We continue to make a generous annual donation towards the upkeep of the park to enhance and care for the needs of our local community.

Big Local

The Birchwood area of Lincoln was some years ago awarded £1m of Big Local funding to make a lasting and positive difference in the Birchwood area. From the launch of the Birchwood Big Local, Arise Church has taken a leading role in its development.

Youth Work

In addition to the detail already given, our youth team were able to continue to provide excellent teaching and social spaces for young people.

Local/National Links

Over 2023 we were able to continue to invest in our relationships with many other ministries, churches and individuals locally, nationally and internationally.

We are proud to play an active role in Transform Lincoln. This body seeks to encompass social action with prayer, evangelism and a priority on healthy church relationships, with the aim of making our city a better place.

We have continued to invest in our links with the Ground Level Network, which provides a level of oversight, connections to other churches, charities and ministries and training for church leaders.

We are also delighted to be a member church of the Evangelical Alliance, which gives a number of important benefits and a level of ministerial security.

International Links

The church is missional in ethos and values and we continue to pursue international connections. Our main connections are with churches and ministries within India, although we do have others in different nations. We have continued to maintain these international links throughout the year, while we also have a good relationship with a church in Nepal.

We are delighted to be able to provide a high level of financial support to a Christian girls' orphanage in the rural Indian town of Kolar Gold Fields. We have encouraged a number of people within the church to continue to 'sponsor a child' within the orphanage to help us to reach as many children as possible.

We have also been able to donate towards a tailoring skills programme in Bangalore, India, which helps impoverished women to learn a trade and either set-up their own business or gain the credentials to work within a recognised tailoring factory.

Charitable Giving

During 2023, Arise Church Lincoln made a number of gifts to projects within the UK and countries abroad.

In addition to supporting a number of UK-based charities and ministries, we were able to give towards a charity project to provide sewing machines for Indian women, who have graduated from tailoring training in Bangalore, India.

Page 5

Arise Church Lincoln

Report of the Trustees for the Year Ended 31 December 2023

Gifts have also been made towards the Moriah Children's Home in Kolar Gold Fields, Kanataka, India, for work with local orphans.

Clothing drop off facility

The Church hosts a clothing drop off facility which allows members of the local community to drop off their second hand clothing which is then collected and distributed to those in need. The Church retains a small amount of income from this depending on the level of clothing deposited and we're then able to use these funds towards the other activities which we're involved with.

Defibrillator Provision

The Church has installed a defibrillator outside the Arise Church Building which is a crucial service in helping those in the local community should anyone require this in times of emergency. We ensure this is fully functional and serviced as per requirements.

Use of Arise Church Building

In addition to our own use, our building is regularly hired by a number of community groups, including a Rainbows group, Slimming World, Weight Watchers, Oasis Community Lunch, Bee Keeping Society. The church building is also used as the location for two local councillors regular ward surgeries and is also used regularly as a polling station.

Our building is also available for hire for baby dedications, weddings and funerals.

Arise Church Trustees

Throughout 2023 our Board of trustees have continued to provide oversight and guidance for the church. Working closely with Church Leadership our Trustees ensure that we continue to not just meet but exceed our charitable obligations. We are hugely indebted to this wonderful team of people, who serve faithfully and work extremely hard to ensure the safe and correct running of the church's operations.

FINANCIAL REVIEW

Reserves policy

The Trustees have reviewed the reserves of the charity. This review encompassed the nature of the income and expenditure streams, the need to match variable income with fixed commitments and the nature of the reserves. The review concluded that to allow the charity to be managed efficiently, to meet working capital requirements, and to provide a buffer which will allow suitable projects to be commenced once they have been identified, a policy would be adopted to build up a general reserve equivalent to 10% of the unrestricted fund expenditure.

As at 31 December 2023, the charity had unrestricted funds of £337,534 (2022: £337,734) and restricted funds of £28,979 (2022: £11,850). The level of "free reserves" at the year end was £150,680 (2022: £148,169) and this consisted of the total unrestricted funds and associated loans less fixed assets, which is available for the charity to use in achieving its charitable objectives.

The current level of free reserves is significantly higher than the reserves policy. However, the trustees consider their policy to be reasonable due to the charity only recently having additional reserves in excess of their policy. Additional reserves are retained in the short term against any significant voluntary income reductions due to the current cost of living crisis.

Restricted Funds

During the year ending 31 December 2023 the charity continued to operate a number of restricted funds to receive income and spend money on specific items or projects. During the year or shortly after some of these funds were closed as their purpose had been fulfilled. The remaining restricted funds had varying levels of movement and were in surplus during the year; however, where restricted and designated funds had small deficits at the end of the year the relevant amounts were transferred from the General Fund amounting to a total of £3,596. All restricted funds were used for their declared purpose and there was an overall increase in restricted funds of £17,129 to a total £28,979 at the year end.

Page 6

Arise Church Lincoln

Report of the Trustees for the Year Ended 31 December 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document

The charity is controlled by its Memorandum & Articles of Association and is a company limited by guarantee, as defined by the Companies Act 2006, being incorporated on 17 August 2001. The charity claims exemption under Section 60 (1) (a) of the Companies Act 2006 from using the word "Limited".

Governance and internal control

Trustees are appointed in accordance with the Articles of Association of the charity. The trustees meet approximately monthly to review strategy, performance, management accounts and other operational issues. The trustees also meet with staff and volunteers on a regular basis to ensure that policy is well understood and properly implemented. All Trustees give of their time freely and no remuneration or expenses were paid in the year.

Company and charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees have adopted the provisions of the Statement of Recommended Practice (SORP) FRS 102 "Accounting and Reporting by Charities" effective 1 January 2015 and specifically:

The trustees have overall responsibility for ensuring that the charity has appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that:

The systems of internal control are designed to provide reasonable, but not absolute, assurance against material misstatement or loss. They include:

Risk Analysis

The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure that reasonable controls are in place to provide reasonable assurance against fraud and error. The charity is exposed to very limited risks and reduced these in 2012 by purchasing a building for use as an office resulting in lower monthly outgoings than the previous rented accommodation. It was further reduced in 2015 by completing the purchase of the old Methodist Church next to the Church Office, dramatically reducing the monthly outgoings for the hire of venues for Sunday and other meetings. Although the commitment is now to the ongoing maintenance of the building and payment of the mortgage, rental income from community users has offset some of these outgoings. In common with other companies, the charity is exposed to statutory redundancy payments for its staff; however, these are likely to be minimal given the relatively short duration of the company's existence, and with only five paid members of staff for the majority of 2023. Where Projects are entirely grant-aided, financial commitments will not be made as a matter of policy unless and until all grant monies are available. For Church activities, project planning requires that events are budgeted on a self-financing basis in accordance with the annual objectives. The charity also benefits from public liability and indemnity insurance policies which adequately cover operating risk. The organization of the charity is sufficiently flexible that should the need arise, activities can be undertaken by volunteers within their own homes or premises hired on an ad-hoc basis. Policies have been written and are regularly reviewed and updated to cover all key activities. DBS checks are carried out on people working with children or vulnerable people in accordance with current safeguarding legislation and guidance. The Trustees are satisfied that all reasonable steps have been taken to avoid and manage risks adequately. Notwithstanding the above, and in common with many charities and organisations, the risks associated with a global pandemic had not been included in a general risk assessment. However, the Trustees have maintained a close watch on these additional COVID-related risks (primarily affecting finance and health & safety) and have worked closely with the Core Leadership Team to ensure additional risks are assessed, understood, and mitigated where appropriate.

Page 7

Arise Church Lincoln

Report of the Trustees for the Year Ended 31 December 2023

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 04272968 (England and Wales)

Registered Charity number 1088731

Registered office

129 Birchwood Avenue Lincoln Lincolnshire LN6 0JE

Trustees

Mr T L Gawne Ms J McAleavey Mrs M A Brien (resigned 22.1.23) Mr D Stubbs

Company Secretary

Mr T L Gawne

Independent Examiner

Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG

Approved by order of the board of trustees on 22 April 2024 and signed on its behalf by:

Tom Gawne

Tom Gawne (Apr 22, 2024 16:30 GMT+1)

Mr T L Gawne - Secretary

Page 8

Independent Examiner's Report to the Trustees of Arise Church Lincoln

Independent examiner's report to the trustees of Arise Church Lincoln ('the Company')

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

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

  2. 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

  3. 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.

Paul Colcomb

Paul Colcomb (Apr 22, 2024 19:31 GMT+1)

Paul Colcomb FCCA

Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG

22 April 2024

Page 9

Arise Church Lincoln

Statement of Financial Activities for the Year Ended 31 December 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
117,374
Charitable activities
Ministry
440
Other trading activities
2
160
Investment income
3
2,047
Other income
8,479
Total
128,500
EXPENDITURE ON
Raising funds
4
3,773
Charitable activities
Ministry
128,523
Community Action
-
Youth and Overseas
-
Total
132,296
NET INCOME/(EXPENDITURE)
(3,796)
Transfers between funds
17
3,596
Net movement in funds
(200)
RECONCILIATION OF FUNDS
Total funds brought forward
337,734
TOTAL FUNDS CARRIED FORWARD
337,534		 Restricted
funds
£
38,236
-
340
-
-
38,576
340
3,890
12,268
1,353
17,851
20,725
(3,596)
17,129
11,850
28,979		 2023
Total
funds
£
155,610
440
500
2,047
8,479
167,076
4,113
132,413
12,268
1,353
150,147
16,929
-
16,929
349,584
366,513		 2022
Total
funds
£
154,520
-
132
361
8,240
163,253
5,107
145,279
13,926
4,186
168,498
(5,245)
-
(5,245)
354,829
349,584

The notes form part of these financial statements

Page 10

Arise Church Lincoln

Balance Sheet

31 December 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
10
259,277
CURRENT ASSETS
Stocks
11
-
Debtors
12
7,218
Cash at bank and in hand
154,841
162,059
CREDITORS
Amounts falling due within one year
13
(11,379)
NET CURRENT ASSETS
150,680
TOTAL ASSETS LESS CURRENT LIABILITIES
409,957
CREDITORS
Amounts falling due after more than one year
14
(72,422)
NET ASSETS
337,535
FUNDS
17
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
650
-
29,335
29,985
(1,007)
28,978
28,978
-
28,978		 2023
Total
funds
£
259,277
650
7,218
184,176
192,044
(12,386)
179,658
438,935
(72,422)
366,513
337,535
28,978
366,513		 2022
Total
funds
£
267,383
506
8,587
163,744
172,837
(12,818)
160,019
427,402
(77,818)
349,584
337,734
11,850
349,584

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 22 April 2024 and were signed on its behalf by:

Tom Gawne

Tom Gawne (Apr 22, 2024 16:30 GMT+1)

Mr T L Gawne - Trustee

The notes form part of these financial statements

Page 11

Arise Church Lincoln

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 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) (as amended by Update Bulletin 1 and 2)', 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.

The charity is a company limited by guarantee registered in England and Wales.Details of the registered office and place of business can be found in the reference and administration section of the Trustees Report.

Financial reporting standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Improvements to property - 25% on cost Fixtures and fittings - 25% on cost Computer equipment - 25% on cost

The charity's policy is to capitalise any item costing more than £250.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

A further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Page 12

continued...

Arise Church Lincoln

Notes to the Financial Statements - continued

for the Year Ended 31 December 2023

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. OTHER TRADING ACTIVITIES

Fundraising events
3.
INVESTMENT INCOME
Deposit account interest
4.
RAISING FUNDS
Other trading activities
Opening stock
Purchases
Closing stock
Investment management costs
Administrative expenses
Aggregate amounts
5.
GRANTS PAYABLE
Ministry
Community Action
Youth and Overseas		 2023
£
500
2023
£
2,047
2023
£
506
484
(650)
340
2023
£
3,773
4,113
2023
£
10,878
29
1,353
12,260		 2022
£
132
2022
£
361
2022
£
-
185
(506)
(321)
2022
£
5,428
5,107
2022
£
16,098
513
2,001
18,612

During the year, the charity made grants to the following;

£
Moriah Orphanage 7,025
Ground Level Ministry 2,160
Christians Against Poverty 1,200
India & Nepal 328
Grants under £1,000 545
Total grants made to institutions 11,258
Small compassion gifts to individuals 1,002
Total grants payable 12,260

Page 13

continued...

Arise Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

6. SUPPORT COSTS

SUPPORT COSTS
Management
£
Ministry
2,547
Community Action
-
2,547		 Finance
£
6,090
-
6,090		 Other
£
42,169
2,042
44,211		 Totals
£
50,806
2,042
52,848

7. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£ £
Depreciation - owned assets 12,780 15,782
Hire of plant and machinery 11,459 5,837
Surplus on disposal of fixed assets - (46)
Independent examiner costs 3,528 3,360

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.

9. STAFF COSTS

The average number of employees during the period was 4 (2022: 5).

No employees were paid more than £60,000 for the year ending 31 December 2023.

10. TANGIBLE FIXED ASSETS

COST
At 1 January 2023
Additions
Disposals
At 31 December 2023
DEPRECIATION
At 1 January 2023
Charge for year
Eliminated on disposal
At 31 December 2023
NET BOOK VALUE
At 31 December 2023
At 31 December 2022		 Improvements
Freehold
to
property
property
£
£
310,493
14,572
-
-
-
-
310,493
14,572
55,616
12,484
6,209
1,387
-
-
61,825
13,871
248,668
701
254,877
2,088		 Fixtures
and
Computer
fittings
equipment
£
£
4,996
28,952
4,674
-
-
(6,515)
9,670
22,437
4,723
18,807
468
4,716
-
(6,515)
5,191
17,008
4,479
5,429
273
10,145		 Totals
£
359,013
4,674
(6,515)
357,172
91,630
12,780
(6,515)
97,895
259,277
267,383

Freehold property with a total net book value of £237,061, being the old police station and the church building, have outstanding charges registered against them being security for the loans as disclosed in note 16.

Page 14

continued...

Arise Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

11. STOCKS

Stocks
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 15)
Social security and other taxes
Other creditors
Accrued expenses
14.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 15)
Other creditors
15.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal

Page 15

continued...

Arise Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

16. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£ £
Bank loans 77,660 82,274

The bank loans are secured by a legal charge over the Old Birchwood Police Station building, the Church Building and its associated assets.

17. MOVEMENT IN FUNDS

Unrestricted funds
General Fund
Designated Fund
Building Fund (Designated)
Overseas (Designated)
Restricted funds
Youth Work
Building Fund
Compassion fund
India Missions
Church Hospitality
Dancelife
Community Events
Trading Fund
JB & RB Mission
Big Local/Foodbank
Wellbeing Cafe Fund
Foodbank Cabin
TOTAL FUNDS		 Net
movement
At 1.1.23
in funds
£
£
326,859
(2,546)
626
1,532
10,023
(2,781)
226
-
337,734
(3,795)
566
-
7,197
-
408
(29)
386
75
-
(605)
101
-
-
(422)
452
-
167
115
2,573
3,967
-
12,985
-
4,638
11,850
20,724
349,584
16,929		 Transfers
between
funds
£
13,808
-
(10,212)
-
3,596
-
-
15
-
605
-
422
-
-
-
-
(4,638)
(3,596)
-		 At
31.12.23
£
338,121
2,158
(2,970)
226
337,535
566
7,197
394
461
-
101
-
452
282
6,540
12,985
-
28,978
366,513

Page 16

continued...

Arise Church Lincoln

Notes to the Financial Statements - continued

for the Year Ended 31 December 2023

17. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Designated Fund
Building Fund (Designated)
Restricted funds
Compassion fund
India Missions
Church Hospitality
Community Events
Trading Fund
JB & RB Mission
Big Local/Foodbank
Wellbeing Cafe Fund
Foodbank Cabin
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
106,466
(109,012)
(2,546)
11,437
(9,905)
1,532
10,597
(13,378)
(2,781)
128,500
(132,295)
(3,795)
-
(29)
(29)
1,428
(1,353)
75
426
(1,031)
(605)
160
(582)
(422)
340
(340)
-
8,286
(8,171)
115
5,878
(1,911)
3,967
15,058
(2,073)
12,985
7,000
(2,362)
4,638
38,576
(17,852)
20,724
167,076
(150,147)
16,929

Comparatives for movement in funds

Net Transfers
movement between At
At 1.1.22 in funds funds 31.12.22
£ £ £ £
Unrestricted funds
General Fund 264,583 1,276 61,000 326,859
Designated Fund 4,229 (37) (3,566) 626
Building Fund (Designated) 9,778 245 - 10,023
Overseas (Designated) 9,307 - (9,081) 226
New Building Fund 50,000 - (50,000) -
337,897 1,484 (1,647) 337,734
Restricted funds
Youth Work - 566 - 566
Building Fund 13,200 (6,003) - 7,197
Compassion fund 723 (315) - 408
India Missions 343 (47) 90 386
Church Hospitality - (548) 548 -
Dancelife 101 - - 101
Community Events - (1,009) 1,009 -
Trading Fund - 452 - 452
JB & RB Mission 22 145 - 167
Big Local/Foodbank 2,543 30 - 2,573
16,932 (6,729) 1,647 11,850
TOTAL FUNDS 354,829 (5,245) - 349,584

Page 17

continued...

Arise Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

17. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Designated Fund
Building Fund (Designated)
Restricted funds
Youth Work
Building Fund
Compassion fund
India Missions
Church Hospitality
Community Events
Trading Fund
JB & RB Mission
Big Local/Foodbank
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
123,836
(122,560)
1,276
13,175
(13,212)
(37)
9,201
(8,956)
245
146,212
(144,728)
1,484
1,905
(1,339)
566
150
(6,153)
(6,003)
-
(315)
(315)
1,954
(2,001)
(47)
136
(684)
(548)
878
(1,887)
(1,009)
131
321
452
10,887
(10,742)
145
1,000
(970)
30
17,041
(23,770)
(6,729)
163,253
(168,498)
(5,245)

Designated Funds

Designated Fund

This fund has been designated for the payment of grants.

Building Fund

This fund has been designated for the repairs of the church building.

Overseas Fund

This fund has been designated as it is an offering to the mission in South Africa.

New Building Fund

The trustees are investigating the possibility of rebuilding the church and as such have designated monies for this purpose.

Restricted Funds

A description of the material restricted funds is detailed below.

India Missions

This fund has arisen from specific fund raising campaigns for India, for example the orphanage, sewing machines, send a cow.

Compassion Fund

This fund has arisen from restricted incoming resources for help support individuals and families within the church community during times of hardship.

Dancelife Fund

Dance classes held in Life Church hall. Income is generated from fees which is used to fund the costs of the group.

Community Events

Income and expenditure for specific events, including summer Kid's club, Light party, Christmas activities. Income is generated from fees which is used to fund the cost of the events.

Night Life Café

This fund has arisen from specific donations received towards mission work in the Birchwood Community undertaken by two of the leadership team at Life Church Lincoln. This mission work is self-funder or part of local projects or initiatives.

Page 18

continued...

Arise Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

17. MOVEMENT IN FUNDS - continued

Big Local- Foodbank

This fund has arisen from funding from Birchwood Big Local to support the operation of a Foodbank.

Wellbeing Café

Arise Church are in partnership with Bridge Church to deliver an NHS funded Wellbeing Café. This is held 3 days per week alongside our Foodbank opening hours. The aim is to provide a calm and safe space for adults to engage in crafts/conversation/quiet time, whilst enjoying free refreshments and a warm building. It is also a space where NHS staff/support workers/community group leaders can meet with people or deliver pre-arranged classes/activities.

Foodbank Cabin

This fund is for the purchase of a new foodbank cabin for the church.

Transfers between funds

Unrestricted Funds

General Fund

During the year transfers were made of £605 to the Church Hospitality Fund. £422 to the Community Events Fund and £15 to Compassion Fund to cover shortfalls on expenditure.

Restricted Funds

Foodbank Cabin

A transfer of £4,638 was made to General Fund to cover the cost of purchasing the foodbank cabin.

18. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2023.

19. ULTIMATE CONTROLLING PARTY

The charity is controlled by its Board of Trustees.

Page 19

Arise Church Lincoln

Detailed Statement of Financial Activities for the Year Ended 31 December 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Other trading activities
Fundraising events
Investment income
Deposit account interest
Charitable activities
Other income
Other income
Rents received
Total incoming resources
EXPENDITURE
Other trading activities
Opening stock
Purchases
Closing stock
Investment management costs
Administrative expenses
Charitable activities
Wages
Social security
Pensions
Other direct costs
Advertising
Rent
Grants to institutions
Grants to individuals
Support costs
Management
Cleaning
Telephone
Postage and stationery
Professional fees
Finance
Bank charges
Carried forward		 2023
£
141,415
14,195
155,610
500
2,047
440
8,479
167,076
506
484
(650)
340
3,773
66,151
1,462
2,626
7,219
1,218
2,250
11,258
1,002
93,186
153
1,700
181
513
2,547
30
30		 2022
£
145,458
9,062
154,520
132
361
-
8,240
163,253
-
185
(506)
(321)
5,428
80,701
940
3,003
10,737
317
2,205
18,099
513
116,515
198
1,673
357
6,153
8,381
-
-

This page does not form part of the statutory financial statements

Page 20

Arise Church Lincoln

Finance
Brought forward
Mortgage
Other
Repairs and maintenance
Rent, rates and water
Insurance
Light and heat
Travel
Sundries
Repairs and maintenance
Independent examination
Freehold property
Improvements to property
Fixtures and fittings
Computer equipment
Profit/loss on sale of fixed assets
Total resources expended
Net income/(expenditure)		 Detailed Statement of Financial Activities
for the Year Ended 31 December 2023		 2023
£
30
6,060
6,090
11,459
399
2,177
4,779
2,022
2,788
4,279
3,528
6,210
1,387
468
4,715
-
44,211
150,147
16,929		 2022
£
-
3,527
3,527
5,837
220
1,944
3,824
1,565
1,101
1,465
3,276
6,210
3,643
1,102
4,827
(46)
34,968
168,498
(5,245)

This page does not form part of the statutory financial statements

Page 21