Charity registration Number: 1095786
CHALLENGE COMMUNITY CHURCH
Receipts and Payments Accounts
For the year ending 31 August 2023

CHALLENGE COMMUNITY CHURCH
Financial Statements
For the year ending 31 August 2023
Contents
Page
Trust Information
Trustees, Report
Independent Examiner's Report to the Trustees
Receipts and Payments Account
10
Statement of Assets and Liabilities
11
Notes to the accounts
12-16

CHALLENGE COMMUNITY CHURCH
Trust Information
Status
Challenge Community Church, Hereford, is registered with the Charity Commissioners (No.
1095786} and constituted by a Deed of Trust dated 19 July 2002.
Trustees
The Charity is administered by the Trustees, who are at the time of signing this report..
Mr S Sully
Mr SWJ Grisman
Mr C Over
Mr IJ Cracknell
Mr JGM Etwin
Mr FD Etwin
Western Counties and South Wales Evangelisation Trust is the custodian trustee of the church
premises at 40 Belmont Road, Hereford.
Elders
Mrs Sully
Mr M Roberts
Mr FD Erwin
Outreach and development leader
Ms F Roberts
Church Office
40 Belmont Road
Hereford
HR2 7JW
Registered Office
131 St Peter's Close
Moreton-on-Lugg
Hereford
HR4 8DW
Bankers
Lloyds TSB
High Town
Hereford
HR12AE
Page 1

CHALLENGE COMMUNITY CHURCH
Trustees, Report
For the year ending 31 August 2023
The trustees submit their annual report and financial statements for the year ended 31 August
2023. The trustees have adopted the The Charities (Accounts and Reports) Regulations 2008 in
preparing their annual report. The financial statements have been prepared in accordan￿ with
the accounting policies set out on pages 10 and 11, and comply with the charity's governing
documentation, The Charities Act 2011 and Charity Comrnission Guidan￿ and notes.
Constitution
The charity is an unincorporated charity and is governed by its Trust Deed.
Object of the Gharity
To advance the Christian fatth, in accordan￿ with the Statement of Doctrines and Practices set
out in the Schedule appended to the deed, mainly but not exclusively in the Hereford area.
Structure, governance and management
The charity is ultimately run by the Trustees. The Trustees have the authority to exercise their
powers to further the objects of the charity. The Trustees meet at least once a year but delegate
the day to day decision making on the running of the Church to the Elders of the Church, some of
whom are also Trustees. The Elders meet fomally ￿lee a month to consider the management
and pastoral needs of the fellowship.
The Elders have taken collective responsibility for the pastoral work and Miss Faye Roberts has
been appointed as the Outreach and Development Leader. Every future Trustee shall be
appointed by a resolution of Trustees passed at a special meeting. Training is available for
Trustees as the need arises. The Elders take responsibility for the management of risk and have
set up a team to identrfy, assess and mitigate areas of risk.
Objectives and activities
The church meets every week al 40, Belmont Rd, Hereford. Our objective is to reach out to
people in the surrounding community, witness for, teach aboul, and demonstrate the love of,
Jesus Christ and trust and pray that He becomes their own personal saviour. This is undertaken
through weekly meetings for teaching and worship., specific evangelistic and outreach events.,
The Storehouse Ministry (provision of foodstuffs to people in desperate need)., Koffee and Kids
club., Who Let The Dads Out,. Friday Family Fun., coffee mornings., and various children's
ministries.
Gifts to external organisations and individuals are considered by the Elders from time to time on
the basis of need and fulfilment of the chafltable objectives. There are no upper or lower limits of
support. No commitmenls have been made for long term support.
Related parties
The Trustees received no remuneration as a result of their office during the year. No Trustee, or
other person related to the charity, apart from as detailed in note 7. had any personal interest in
any contract or transaction entered into by the charity during the year.
Page 2

CHALLENGE COMMUNITY CHURCH
Trustees, Report (continued)
For the year ending 31 August 2023
Review of developments
The Church is led by Elders, Steve Sully, Foster Erwin, and Malcolm Roberts.
Faye Roberts is employed as the Outreach and Development Leader, this role was expanded into
a full-time role, incorporating day release theological training. Faye started at Crosslands Bible
College in January 2023.
The Elders, along with the Outreach and Development Leader, meet ￿$ce each month, once for
regular business and once for prayer. In addition, the Elders are also supported by volunteer
Ministry Leaders and the Outreach and Development Leader.
Regular activities continue to run with Sunday services which continue to be livestreamed
enabling those that can't make church to access our ServI￿S weekly. Wè have continued to see
an increased number of families attending on a Sunday and they have started to become more
involved in the work we are doing as they volunteer in different areas of the church. We
celebrate that we have seen teenagers volunteering to help out in relevant areas, in particular
with the audio visual system.
We have been meeting regularly as a church for prayer meetings- three times a month including
a half day of prayer in January. Monthly prayer meetings include a Saturday morning, a Tuesday
evening and an evening prayer walk. Our half day of prayer was led by a variety of church
members and was well attended and gave us a refreshing start to 2023.
Life groups continue to run and we have encouraged people to be a part of these. We have also
begun a new life group for those that went through Alpha.
Friday Family Fun {FFF) has continued to engage well with families, seeing our Friday evenings
busy with relationships growing. We are also seeing more of the families and young people
involved in helping as they lead the activities or help tidy up afterwards and set up for the Sunday
service. We have continued to take FFF outside during the summer months so that we can be a
witness within the heart of the community. Our outdoor sessions help us to do more as a family
seeing parents getting involved with the games that the kids are playing. It's great to see the
families working and playing together.
Koffee and Kids has seen a busy year of lots of parentslcarerslchildminders coming in with their
kids and we havé continued to develop relationships with them. We have begun more crafts with
a faith aspect, maybe just a verse attached, colouring sheets with simple verses and singing 'our
God is a great big God,. It's so encouraging to see the adults joining in the singing of our
Christian song. We have also seen some of the families come along to outreach events and our
Christmas meal.
We continue to run Who Let the Dads Out (WLTDO) monthly for men and their kids. It ha5 been
a fruitful ministry as we see families coming in that are linked to other ministries but also new
families as well. It has been encouraging to see the dads that attend move into a volunteering
role as they lead the kitchen team serving fo¢)d for those who attend.
Page 3

CHALLENGE COMMUNITY CHURCH
Trustees, Report (continued)
For the year ending 31 August 2023
Afterschool Club started back up with us consistently being full with 20 signed up to our club and
on average 15 attending each week. It has been good to build relationships with the children and
having an impact within the school. We also started doing assemblies with each year groups
attending 3 within th8 y6ar.
We continue to run yearly outreach events that are our way to connect with a wider cross section
of the community.
In September 2022 we started with a new outreach event Galled 'At the Movies, (Atm). Atm was a
month long event which included decorating the church into a film set, running our fun day and
having 4 Sunday services using film clips to preach the gospel. The aim was create something
different and interesting that would intrigue those especially in our ministries to Gome along and
see what we were up to on a Sunday. We used conneGt groups to help build relationships ready
to encourage people to attend Atm. We also had 'the big build, which was eveningsldays where
we created scenery for our Atm outreach. We saw people from the church and ministries come
together to design, build and decorate what we needed, it was great to see different people
interacting with each other, it also created a buzz about what was to come and gave people a
sense of ownership to the Atm as they contributed.
It was a real encouragement to see so many families attending Atm, families we've been working
with for years that we've never seen come through the door on a Sunday. What was even better
was to see the families continuing to come after Atm finished 8nd we returned to our normal style
programme.
Followng Atm we ran an Alpha course which was well attended as we offered childcare as well.
People gave their hearts to God on the Alpha course and we also saw one of these being
baptised along with others on Easter day.
On 31st October we ran our Light Party to provide Children wth a safe altemative at Halloween.
We ran this on Hunderton green at the heart of the community as we brought the light of Jesus to
Hunderton. This year it was quieter than the previous year but great to see new faces from the
community as well as families from the different ministries we run. The Light Party was another
example or where we saw our 'new' families getting involved in the setting up and running of the
event.
We went back out onto Hunderton Green as we ran our Carols on the Green Christmas seNice.
We had readings and carols and a short talk which were all very successful. We had a good
turnout even though the weather was miserable and it was the same night as the football world
cup final!
At Easter we brought back our holiday club. We ran the holiday club for 3 days bLrt this year did
longer days as we ran it as part of the councils 'Holiday Activities Food Programme, (HAFI who
gave us a grant to run our Club. As part of HAF we offered breakfast and lunch to those who
attended. We had a good turn out of children and due to HAF we saw new children sign up that
we haven't interacted with before. The 3 days were very successful with very happy kids,
parentslcarers as well as the council representative Ihat Came to see what we were doing.
Page 4

CHALLENGE COMMUNITY CHURCH
Trustees. Report (continued)
For the year ending 31 August 2023
On the back of the holiday club we ran our Easter Trail which took the families along a path to
hear stories from the Bible and lead them to church where there were refreshments and prizes.
We gave away to each child an Easter egg as well as an age appropriate Easter story book. We
saw lots of families join in and families that we interact with across ministries as well as some
new families too.
During the summer we ran our Sunday series alongside our summer events. There were three
weeks of different activities after the service. We saw a good number of families interacting with
the events although less of the older generation. We also went camping with our teens group.
This was very low key as we went in one of our families gardens but it worked well giving us the
opportunity to be away from distractions, have fun and try new activities. We also intetwove
themed talks around the activities we were doing. It was great to spend time with our teens who
grew stronger together.
We have been more proactive this year at running men's and women's events. The men have
gone golfing. The women have done bowling, an escape room and brunch.
We have worked closely with Putson Baptisl Church (another South Wye church) in delivering an
average of 60 food parcels each week to families who are referred to us through schools, social
services and other intèrmediaries.
Looking ahead to next yèar we will be ¢ontinuing with our weékly ministries. We need to look at
better ways of publicising our weekly events with a view to seeing an increase in new families
attending.
In FFF we will look to try new activities to encourage the families to do more together, for
example a monthly game night and themed evening around the light party and Christmas etc.
We will be running our fun day in September, Light party on 31st October and Carols on the
Green at Christmas. We will also look at ways to include our after school club children in the
Carols on the Green. We hope to repeat our summer events including the summer camp for the
t88ns.
We will look to run our Easter holiday club as part of the council's HAF programme. We will also
begin to plan and prepare for another year Atms. This will include using the summer to prepare,
build and decorate a new film setl
During the year we want to find more ways to interact with our community and build better
relationships with other local charities and businesses within the community. We also encourage
our members to serve beyond our own church with members volunteering with Vennture, Good
News for Everyone, Counties, chaplaincy and oth&r activities.
It has been an incredible year where we have seen God's hand at work within the different work
we hav8 been doing. Together with the Outreach and Development Leader we have taken risks
that God has blessed more than we could ever have imagined. We need to continue to be ready
lo take God ordained risks as we look to the future and seek to do God's work and see Him do
immeasurably more than all we ask or imagine.
Page 5

CHALLENGE COMMUNITY CHURCH
Trustees. Report (Continued)
For the year ending 31 August 2023
Public benefit statement
Identifiable Benefits, related to the aims of the charity
Through the regular worship & prayer meetings, Bible studies, children's clubs, social action
programmes and personal visitation the Christian Faith is shared and people in the community
helped. Individuals have become Christians, had their faith developed and lifestyles impacted. As
part of community life families have been supported.
Beneficiaries
In addition to Church members, families, other regular attendees and frtends anyone is welcome
to attend appropriate events without restriction. We seek to be available to all in the community.
The Trustees consider that they have complied with their duties under the Charities Act 2011 to
have due regard to public benefit guidance published by the Charities Commission.
Reserves policy
It was agreed at the Trustees meeting on 19 April 2022 to aim to hold reserves in the General
Fund equivalent to three months expenditure lapprox. £11,000} and a base level of rese]ves of
£6,000 (only necessary expenditure below base reserves). The Trustees review this policy from
time to time and agree that it is still appropriate.
ReseNes are currently higher than this due to the need to hold a balance to meet an anticipated
shortfall on regular monthly income and expenditure.
No limit has b8en put on the Restricted Funds (Building, Mission, and Storehousé) as these are
being held for a specific purpose and spent when the need arises.
Risk management policy
The operations team have reviewed and updated the risk management policies of the church.,
when finalised these are passed to the Elders for adoption. The policy is to review the risk
assessments on a year rotstional basis.
The principal risks currently identrfied, and strategies for managing those risks are as follows..
Adequate funds to meet commitments. Addressed through the preparation of an annual
budget,. regular monitoring of income and expenditure by treasurer.. periodic review by Elders at
finance meetings.
Safeguarding vulnerable adults and children. Addressed through a Safeguarding Officer,.
Child Protection and Safeguarding policy kept up to date through review and being a member
of CCPAS,. training.
Health and safety on church premises. Addressed through a member being tasked to
monitor the condition of premises-, fire drills,. regular maintenance- promoting the need to
consider health and safety during activities.
Page 6

CHALLENGE COMMUNITY CHURCH
Trustees, Report Icontinued)
For the year ending 31 August 2023
Results and financial review
The financial statements for the year to 31 August 2023 have been prepared on a Re￿[Pt$ and
Payments basis.
Net movement of funds for the Church were a total of £5,602 increase for the year. This is made
up of a £6,918 inGrease on the General Fund, and a £1,316 decrease wth respect to restricted
funds.
The General Fund received income of £62,272 (2022 £62,994) which is remarkably similar.
even when one looks at the detail there is a lot of similarity. One area worth commenting on is
that grants fell as we only re￿iVed one from the Council for running the holiday bible club, this
was replaced by rents as we let the building out to third parties on a limited basis. The General
Fund running expenditure was £52,30412022 £56,850) which was an 80/0 decrease from last
year. The cost of running church activities was on fact very similar which is very encouraging
during this inflationary period. There are some variances which can be seen in note 3 to the
accounts., ministry expenditure and running costs increased significantly, we also made a
commitment to support Faye Roberts through bible college. Set against this were significant
reductions in repairs (painting the inside of the building last year} and building improvements
(new blinds and kitchen equipment last year).
The main transfers between funds was £3,050 from the General Fund to the Mission Fund to
supplement the gift to the missionaries we support, in the light of reduced cash collections.
The balance on the general fund at the end of the year was £29,477.
The Restricted Funds showed incoming resources (re￿IVed or transferred) of £11,308, which are
shown in more detail in note 8. £10,950 was given or transferred to Mission Fund and was
passed on during the year to the mission works that the church supports (see note 5). Therefore
in total 15.5°A of the church income was gifted to mlssionary works during the year. The Mission
Fund shows a deficit of £100 which will be cleared by Gift Aid claims in the coming year. The
Storehouse Fund continues to be active with income in the form of gifts received 01 £358 and
expenditure of £390. These accounts only refleGt the financial gifts to the Storehouse Fund and
how they were spent. It was not practical to value and record in these accounts the provisions
that are given by members and passed on to those in need. Total restricted funds carried foward
are £686.
During the year the opening balance of £979 on the Bundles of Hope Fund was returned to the
donor as we had not been able to use the funds for the restricted purpose. The funds remaining
on the Hereford Community and Hereford Grant Funds were fully expended during the year and
these funds have been terminated as they are no longer needed.
At the year end the only designated fund was the 'Project Fund, which had a balance of £2,282.
There was no movement in the year.
Page 7

CHALLENGE COMMUNITY CHURCH
Trustees. Report (continued)
For the year ending 31 August 2023
Statement of Trustees responsibilities
Charity law requires trustees to prepare accounts for each financial year which state the affairs of
the Gharity and of the payments and receipts of the Charity for that period. In preparing these
accounts, the Trustees are required to..
Select suitable accounting policies and then apply them consistently.
Prepare the accounts on a going concern basis unless it is inappropriate to presume
that the charity will continue in operation.
The trustees are 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 accounts comply with the Charities Act. They are also responsible for safeguarding the
assets of the Charity and hence take reasonable steps for the prevention and detection of fraud
and other irregularities. The Trustees confirm that the accounts comply with current statutory
requirements and those of the Charity's Trust Deed.
Signed for and on behalf of the
Trustees of Challenge Community Church
te
Date
Page 8

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CHALLENGE COMMUNITY CHURCH
I report on the accounts of the charity for the year ended 31 August 2023, which are set out on
pages 10t0 16.
Respective responsibilities of trustees and examlner
The charity's trustees are responsible for the preparation of the accounts. The charity's
trustees consider that an audit is not required for this year under section 14412) of the Charities
Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to..
examine the acGounts under s6ction 145 of the Charities Act;
to follow the procedures laid down in the General Directions given by the Charity
Commission (under section145(5llb) of the Charities Act}., and
to state whether particular matters have come to my attention.
Basis of the indèpendènt examiner's r0POrt
My examination was carried out in accordance with the General Directions given by the Charity
Commissioners. 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 inGludes
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 eviden￿ Ihat 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 matter has come to my attention..
which gives me reasonable cause to believe that in any material respect the
requirements..
to keep accounting records in accordan￿ with section 130 of the Charities Act-
and
to prepare accounts which aGcord with the accounting records and to comply with
the accounting requirements of the Charities Act have not been met- or
to which. in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Independent Examiner
Date
Mr D Hill
Jalna, Chapel Lane
Bodenham Moor
Herefordshire
HR1 3HR
Page 9

CHALLENGE COMMUNITY CHURCH
Receipts and Payments Account
For the year ending 31 August 2023
Total
Funds
Total
Funds
General
Desig-
nated
Funds
Rest-
riGted
Funds
Fund
2023
2022
Notè
Receipts
Voluntary Receipts
Regular giving from members
Tax effective giving
Collections
Income Tax recovered
39,150
6,478
11,716
7,745
274
239
46,895
6,752
11,955
42,193
5,695
11,072
Other voluntary receipts
Receipts from church activities
Rent re￿iVed
Grants received
Investment income
Total income
2,214
1,570
1,020
124
62,272
2,214
1,570
1,020
124
3,538
3,794
8,258
70,530
66,294
Payments
Costs of generating funds
Church activities
Grants payable (mission gifts)
50,007
470
50,477
1,827
1,674 51,681
10 950
12,624 63,101
1,827
49,969
56,669
Purchase of new equipment
Building improvements
Total payments
7,058
63,727
52,304
12,624
64,928
Excess Receipts over Payments
9,968
(4,366)
5,602
2,567
Transfers between funds
6,8,9 (3,050)
3,050
Net movement on funds
6,918
{1,316)
5,602
2,567
Funds brought forward
22,559
2,282
2,002 26,843
24,276
Funds carried forward
29,477
2,282
686
32,445
26,843
Page 10

CHALLENGE COMMUNITY CHURCH
ststement of Assets and Liabilities
As at 31 August 2023
2023
2022
Note
Fixed assets
Premises at 40 Belmont Road, Hereford
Fixtures and fittings
Equipment
423,023
7,226
3,347
433 596
423,023
10,253
3,542
436 818
Western Counties and South Wales Evangelisation Trust is the custodian
trustee of the church premises at 40 Belmont Road, Hereford.
Cash funds
Lloyds Bank Current account
Lloyds Bank Deposit aGcount
Storehouse petty Cash
Ignite tuck shop petty cash
3,156
29,023
3,504
23,001
253
325
32,445
Signed for and on behalf of the
Trustees of Challenge Community Church
Trus
ee
Page11

CHALLENGE COMMUNITY CHURCH
Notss to the accounts
For the year ending 31 August 2023
1 Accounting Pollcies
The principal accounting policies are summarised below. The accounting policies have been
applied consistently throughout the year and in the preceding year.
Basis of accounting
The financial statements are prepared under the historical cost convention, and using the
Receipts and Payments basis.
Fund aecountlng
The church maintains various types of funds as follows:
Restricted Funds
Restricted Funds represent gifts received for specific purposes. Challenge Community
Church has six such funds.
The Mission Fund represents monies given to support missionary works which is reviewed
on an annual basis. The church does not enter into Gommitments to support any given
beneficiary beyond the end of its financial year.
The Storehouse Fund represents monies given lo fund of people in the local community,
mainly in the form of food parcels. The beneficiaries are brought to our attention by local
social services.
The Hereford Community Fund rèpres8nts grant monies given to purchase tablets to give
the community on-line access in a community café. During the year all remaining funds
were spent.
The Hereford Community Grant Fund represents monies given to help provide food to
those in need as a result of COVID-19. During the year all remaining funds were spent.
The Bundles of Hope Fund represents monies given to support mothers with new born
babies in need of practical support throught the gift of necessary goods. During the year
the remaining grant was returned to the donor as we no longer undertake this ministry.
Designated Funds
Designated Funds are amounts that have been put aside out of unrestricted funds at the
discretion of the trustees. Challenge Communty Church has two such funds.
The Project Fund has been set up to ring fence some larger one off gifts to the church.
The Trustees wish these funds to be used for specific evangelistic projects that we would
normally find difficult to fund from regular giving or to release to general funds in a
planned way.
Page 12

CHALLENGE COMMUNITY CHURCH
Notes to the accounts
For the year ending 31 August 2023
Unrestricted Funds
The General Fund represents unrestricted income that is expendable at the discretion of the
Trustees in the furthèrance of the objects of the charity.
Fixed assets
Western Counties and South Wales Evangelisation Trust is the Custodian Trustee of the
¢hurch property at 40 Belmont Road, Hereford, HR2 7 JW. The £423,023 premises costs
shown in the Statement of Assets and Liabilities represent the purchase and refurbishment
costs of these premises and continues to be an asset of Challenge Community Church under
this arrangement.
Equipment, fixtures and fittings are recorded on the ststement of assets and liabilities at Gost
less an estimated decrease in valu6.
2 Analysis of Restricted Fund Receipts
Building
Mission
Store-
house
Fund
2023
2022
Fund
Fund
Total
Total
Receipts from donors
Tax effective giving
Collections
Income Tax recovered
Total income
7,700
45
274
39
358
7,745
274
239
8,258
2,868
100
332
3,300
200
7,900
3 Analysis of General Fund payments - Church Activities
2023
2022
Wages and expenses
Bible Co116ge
Speaker expenses
Evangelism and outreach costs
Ministry expenditure
Running costs
Repairs
Utilities
26,461
2,697
75
1,820
3,006
6,670
3,665
5,613
26,618
330
2,642
1,843
3,755
8,447
5,657
49,292
Page 13

CHALLENGE COMMUNITY CHURCH
Notes to the accounts
For the year ending 31 August 2023
4 Analysls of Restrlctsd Fund Payments
Hereford
Community
Grant Fund
Mission
Store-
house
Fund
Sub
Total
Fund
Church activities
Ministry expenditure
Running costs
Repairs
232
390
622
232
390
622
10,950
11,572
Grants payable (see note 5)
10,950
10,950
232
390
Bundles
Hereford
of Hope Community
Fund
Fund
2023
2022
Sub
Total
Total
Total
Church activities
Ministry expenditure
Running costs
Repairs
622
979
73
1,674
677
622
979
73
1,674
10,950
12,624
677
6,200
6,877
Grants payable (se8 note 5)
11,572
979
73
5 Grants payable
General
Fund
Mission
Fund
2023
2022
Bodenham Christian Fellowship
Counties
Close House
Craig and Georgie Dowling
Esther Price
Good News for Everyone IGideons}
Joel and Emily Thibault
Project India
Solomon Nathaniel
Three Counties Show
Tough Talk
Vennture
Other grants
150
150
1,600
300
150
1,800
1,600
300
600
300
600
300
300
1,000
300
300
900
150
6,700
300
700
300
300
650
300
300
6.200
300
700
300
300
650
300
300
6,200
320
11,420
320
470
10,950
Page 14

CHALLENGE COMMUNITY CHURCH
Notes to the accounts
For the year ending 31 August 2023
6 Transfers between funds
£3,050 was transferred from the General Fund to the Mission Fund to help meet our
commitments to the missionaries we supported in the year.
7 Related party transactions
Elders and their spouses have claimed reimbursement, from tim6 to time, for sundry
expenditure incurred in relation to church activ£ties.
8 Analysis of restricted funds
Mlssion
store-
house
Fund
Sub
total
Fund
Balan￿ brought forward
(100)
818
718
Receipts
Payments
Transfers inllout)
7,900
(10,9501
3,050
358
{390}
8,258
(11,340)
3,050
Balance carried fotward
100
786
686
Sub Hereford
Hereford Bundles
total Community Community of Hope
Grant Fund
Fund
Fund
Total
Balance brought forward
718
232
73
979
2,002
Receipts
Payments
Transfers inl(out)
8,258
(11,340)
3,050
8,258
112,624)
3,050
{232}
{731
{979}
Balance carried forward
686
686
The Mission Fund is showing an overdrawn positions at the year end due to funds being
distributed and based on Gift not yet re￿iVed by the church.
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CHALLENGE COMMUNITY CHURCH
Notss to the accounts
For the year ending 31 August 2023
9 Analysis of designated funds
Proje¢t
Fund
Total
Balance brought fO￿ard
2,282
2,282
Receipts
Payments
Transfers inllout)
Balance carried forward
2.282
2,282
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