Registered Charity Number 109 Registered Charity Number 1098123 Registered Company Number CE028724
TOGETHER FOR THE HARVEST
Charitable Incorporated Organisation (CIO)
REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31 MARCH 2024
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) Reports and accounts
| Contents | Page |
|---|---|
| Trustees’ Report | 3 |
| Statement of Directors’/Trustees’ Responsibilities 5 | |
| Independent Examiner’s Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 10 |
| Notes to the accounts | 11 |
2 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) The report of the Trustees for the year ended 31 March 2024
Introduction
The trustees present their annual director’s report and financial statements for the year ended 31 March 2024.
The financial statements comply with the Charities Act 2011 and 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 2015).
Purpose and Activities of the Charity
The principal activities of the company are:
- a) The advancement of the Christian Faith by working with other individuals and organisations towards the continual presentation of the Gospel of Jesus Christ. b) The relief of persons who are in conditions of need hardship or distress or who are aged or sick.
For over 25 years TFH has worked across Merseyside, now Liverpool City Region (LCR), by creating opportunities for relational unity by networking, hosting leaders’ lunches and helping to break down barriers. It has influence with regional, city and borough officials which can be leveraged for the development of the church in the region.
The charity has over recent years developed a City Region-reaching strategic framework which continues to shape its work. It contains the key strands of developing and supporting:
-
relational unity
-
powerful prayer
-
social justice
-
market-place engagement
-
missional confidence
-
multiplying churches
Achievements and performances
TFH is a catalyst for strategic involvement and vision, helping leaders to network and partner together for social action projects and mission; gathering leaders (not just church leaders) together from the different spheres to explore how the kingdom can be advanced in those areas. TFH seeks to broker partnerships with different ministries and local Christian networks providing strategic intelligence so that initiatives are not duplicated where collaboration is possible.
Transactions and Financial position
As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory.
3 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) The report of the Trustees for the year ended 31 March 2024
The Statement of Financial Activities shows net outgoing resources for the year of a revenue nature of £1,217 (2023 - incoming: £2,223).
The total reserves at the yearend stand at £12,796 (2023: £14,013) Free unrestricted liquid reserves amounted to £12,075 (2023: £12,099).
The primary source of funds continues to be individuals and local churches.
Policies on reserves
Adequate reserves are maintained to fund the charity’s activities for at least three months forward. The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund but continues to keep these funds under review at its regular Board meetings.
The trustees have examined the requirement for free reserves, which are those unrestricted funds not invested in fixed assets, designated for specific purposes or otherwise committed. The Trustees consider that currently, given the nature of the work, this should be a minimum of approximately £6,000.
Reference and administrative details
Charity Registration Number: 1098123
The Registered Office is: Frontline Centre, 147 Lawrence Road, Wavertree Liverpool L15 3HA
Independent Examiner
Malcolm Wright, Elpizo Limited, Chartered Accountants, 13 Village Road, Higher Bebington Wirral, CH63 8PP
Directors and trustees
The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and at the yearend were as follows:
Rev Diana Stacey - Resigned July 2023 Rev Mark Finch Mr John D Manwell John Harding - Appointed April 2023 James Sloan Greg Epton Craig Lawrenson Oluwafunmilayo Ilesanmi Rev James Earnshaw – Appointed 18 March 2024
The Trustees of the charity responsibilities include all the responsibilities of Trustees under the Charities Act. The Board of trustees held regular meetings across the year.
4 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) The report of the Trustees for the year ended 31 March 2024
Nature of the Governing Documents and Constitution of the Charity
The organisation was originally a charitable company limited by guarantee, incorporated on 26 March 2003 and registered as a charity on 20 June 2003. The limited company was closed in March 2022 and the company was converted into a Charitable Incorporated Organisation.
In the past three years a governance review has been undertaken for the charity, including undertaking a skills audit in order to guide future trustee recruitment. The trustees are chosen to bring a wide variety of skills to the charity management. Trustees are selected on the basis of the sharing of the vision for the charity and whether their skills are those needed in order for the charity's objectives to be advanced.
Any new appointment is considered by the trustees in their regular meetings and one of their number is deputed to approach the individual concerned. It is intended that in future new trustees will be required to shadow existing trustees prior to their appointment. New trustees are encouraged to engage in a suitable period of training. All decisions are made directly by or by consultation with the trustees as a body.
Statement of Trustees’ Responsibilities
The trustees are responsible for preparing an annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period.
-
Select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to 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 the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
5 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO)
The report of the Trustees for the year ended 31 March 2024
Statements as to disclosure to our independent examiner
In so far as the trustees are aware at the time of approving our trustees’ annual report: There is no relevant information, being information needed by the independent examiner, in connection with preparing their report and the trustees, having made enough enquiries of fellow directors that they ought to have individually taken, have each taken all steps that he/she is obliged to take as a director in order to make themselves aware of any relevant independent examination information and to establish that the independent examiner is aware of that information.
By order of the board of trustees
This report was approved by the board of Trustees on 30 January 2025
John Manwell Chair of Trustees
6 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) Independent Examiner’s Report to the Trustees of the Charity
Report of the Independent Examiner to the Trustees on the account of the Charity for the year ended 31 March 2024
I report on the financial statement of the charitable company on page 8 to 15 for the year ended 31 March 2024.
Respective responsibilities of the Trustees and Examiner
As the charity trustees, who are also directors of the company for the purpose of company law, you are responsible for preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law and under section 144(2) of the Charities Act 2011 (“the Charities Act”) and is eligible for independent examination. It is my responsibility to:
-
Examine accounts under the section145 of the Charities Act;
-
Follow the procedure laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and
-
To state whether particular matters have come to my attention
Basis of opinion and scope of work undertaken
My examination was carried out in accordance to general directions given by the charity commission. An examination includes a review of accounting records, kept by the charity and a comparison of accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeks explanations from the Trustees concerning any such matters. The procedure undertaken does not provide all the evidence that would be required in an audit. Consequently, no opinion is given to whether the accounts present a true and fair view and report is limited to the matters set out in the statement below.
Independent Examiner’s Statement
In connection with examination, no matters have come to my attention; Which gives me reasonable cause to believe that in any material respect the requirements; To keep accounting records in accordance with section 386 of the Companies Act 2006; and
-
To prepare accounts which accord with the accounting records and comply with accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statements of Recommended Practice: Accounting and reporting by Charities 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.
Malcolm Wright - Chartered Accountant Elpizo Limited, 13 Village Road, Higher Bebington, Wirral CH63 8PP
The date upon which my opinion is expressed is 30 January 2025
7 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) Statement of Financial Activities For the year ended March 2024
| Statement of Financial Activities For the year ended March 2024 |
|||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Last Year | ||
| Funds | Funds | Funds | Total Funds | ||
| 2024 | 2024 | 2024 | 2023 | ||
| Notes | £ | £ | £ | £ | |
| Income | |||||
| Donations and legacies | 3 | 15,948 | - | 15,948 | 15,339 |
| Income from charitable activities | 4 | 8,925 | - | 8,925 | 7,621 |
| Interest Income | 5 | 112 | - | 112 | 39 |
| Total Income | 24,985 | - | 24,985 | 22,639 | |
| Expenditure | |||||
| On charitable activities | 5 | 25,182 | - | 25,182 | 19,396 |
| Governance | 1,020 | - | 1,020 | 1,020 | |
| Total expenditure | 6 | 26,202 | - | 26,202 | 20,416 |
| Net income/(expenditure) for the | year (1,217) | - | (1,217) | 2,223 | |
| Gross transfer between funds | - |
- | - | -__ | |
| Net movement in funds | 1,217) | - | (1,217) | 2,223 | |
| Reconciliation of funds: | |||||
| Total funds brought forward | 14,013 | - | 14,013 | 11,790 | |
| Total funds carried forward | 12,796 | - |
12,796 | 14,013 |
The net movement in funds to above in the net incoming resources as defined in the statement of Recommendation Practice for Accounting and reporting issued by the Charity Commission for England and Wales and is reconciled to the total funds as shown in the Balance Sheet on page 10 as required by the said statement.
All activities derive from continuing operation The notes on page 11 to 15 form an integral part of these accounts
8 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) Statement of Financial Activities for the year ended March 2024 Analysis of prior year total funds as required by paragraph 4.2 of Statement of Recommended Practice (SORP)
| Recommended Practice (SORP) | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | ||
| 2023 | 2023 | 2023 | ||
| Notes | £ | £ | £ | |
| Income | ||||
| Donations and legacies | 3 | 15,339 | - | 15,339 |
| Income from charitable activities | 4 | 7,261 | - | 7,261 |
| Interest Income | 39 | - | 39 | |
| Total Income | 22,639 | - | 22,639 | |
| Expenditure | ||||
| On charitable activities | 5 | 7,332 | 12,064 | 19,396 |
| Governance | 1,020 | - | 1,020 | |
| Total expenditure | 8,352 | 12,064 | 20,416 | |
| Net income/(expenditure) for the | year 14,287 | (12,064) | 2,223 | |
| Gross transfer between funds | (12,064) | 12,064 | - | |
| Net movement in funds | 2,223 | - |
2,223 | |
| Reconciliation of funds: | ||||
| Total funds brought forward | 11,790 | - | 11,790 | |
| Total funds carried forward | 14,013 | - |
14,013 |
9 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) Company Number CE028724 Balance Sheet As at 31 March 2024
| Balance Sheet As at 31 March 2024 |
|||||||
|---|---|---|---|---|---|---|---|
| Notes Current Assets Debtors Cash at the bank and in hand Total current assets Creditors: - Amount due within one year 10 Net current assets Net assets The funds of the charity Unrestricted income funds Unrestricted revenue accumulated funds 12 Restricted revenue funds Restricted revenue accumulated funds 12 Total charity funds |
2024 £ £ 721 17,581 |
2023 £ £ 1,914 12,993 14,907 (894) 14,013 |
|||||
| 18,302 (5,506) |
|||||||
12,796 |
|||||||
| 12,796 12,796 -__ 12,796 |
14,013 | ||||||
The directors are satisfied that the year ended on 31 March 2024 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 7.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
John Manwell - Trustee Approved by the board of Trustees on 30 January 2025 The notes on page 11 to 15 form an integral part of these accounts
10 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) Notes to the Accounts for the year ended 31 March 2024
1. Accounting policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
a) Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard application in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102) the Financial Reporting Standard application in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Charity meets the definition of a public benefit entity under FRS 102. Assets & liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes(s).
b) Reconciliation with previous Generally Accepted Practice
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No such restatement was found to be necessary.
c) Preparation of the accounts on a going concern basis
The financial statements are prepared on a going concern. The Charity is entirely dependent on continuing grant and donation support and as a consequence the going concern basis is also dependent on that continuing financial support.
d) Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.
Income received in advance of the provision of specified services is deferred until the criteria for income recognition are met.
e) Donated services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable, and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refer to the trustees’ annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic
11 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) Notes to the Accounts for the year ended 31 March 2024
benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
f) Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
g) Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds f the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be used for particular areas of the charity’s work or for specific projects being undertaken by the charity.
h) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
-
Costs of raising funds consists of commercial activity producing newsletters financed by advertising revenue.
-
Expenditure on charitable activities includes the costs of activities undertaken to further the purposes of the charity and their associated support costs
-
Other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
i) Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, payroll and governance costs which support the charitable activities. These costs have been allocated between costs of raising funds and expenditure on charitable activities.
j) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
k) Cash at bank and in hand
Cash at bank and cash in hand includes cash and bank current and savings accounts.
12 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) Notes to the Accounts for the year ended 31 March 2024
l) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimating reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
2 Legal statuses of the Trust
The charity is a company limited by guarantee and has no share capital. In the event of the charity being would up, the liability in respect of the guarantee is limited to £5 per member of the charity.
3 Income from donations, grants and legacies
| Donations Donations Donated service |
Restricted Unrestricted Total Total 2023 2023 2023 2022 £ £ £ £ - 14,928 14,928 14,319 -1,020 1,020 1,020 - 15,948 15,948 15,339 |
|
|---|---|---|
The Trust benefits from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.
4 Income from charitable activities
| Income from charitable activities | ||
|---|---|---|
| Unrestricted |
Unrestricted | |
| Funds |
Funds | |
| 2023 | 2022 | |
| £ | £ | |
| Income from | ||
| Subscriptions and events | 8,925 |
7,261 |
| Total income from charitable activities | 8,925 | 7,261 |
5 Investment Income
All of the charity’s investment income of £111 (2032: £39) arises from money held in interest bearing deposit accounts.
13 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) Notes to the Accounts for the year ended 31 March 2024
| 6 | Analysis of expenditure on charitable | activities | ||
|---|---|---|---|---|
| Charitable | Other | |||
| Activities | Total | |||
| £ |
£ | £ | ||
| Expenditure | ||||
| Personnel costs | 21,602 | - | 21,602 | |
| Subscriptions |
2,655 | - | 2,655 | |
| Donations | 295 | - | 295 | |
| Insurance | 550 | - | 550 | |
| Governance costs (see note 7) | 1,020 | - | 1,020 | |
| Other | 80 | - | 80 | |
| Total | 26,202 | - | 26,202 |
Expenditure on charitable activities was £26,202 (2023: £19,396).
7 Analysis of governance and support costs
The charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Having identified its governance cost, the remaining support costs together with the governance costs are apportioned between the key charitable activities undertaken (see note 6) in the year. Refer to the table below for the basis for apportionment and the analysis of support and governance costs.
| General | Governance |
Total | Basis of | |
|---|---|---|---|---|
| Support | Function | apportionment | ||
| £ | £ | £ | ||
| Independent Examiner - | 1,020 | 1,020 | Governance | |
| Total - |
1,020 | 1,020 | ||
| 8 | Net income/(expenditure) for the year | |||
| 2024 | 2023 |
|||
| This is stated after charging: | £ | £ |
||
| Independent examiner’s fees | 1,020 | 1,020 |
9 Corporation Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
14 | P a g e
TOGETHER FOR THE HARVEST Charitable Incorporated Organisation (CIO) Notes to the Accounts for the year ended 31 March 2024
| 10 Creditors: amounts falling due within one year Trade creditors Deferred income ` |
2024 2023 £ £ 5,506 - - 894 5,506 894 |
|
|---|---|---|
11 Contingent assets – legacy income
As at 31 March 2024 the charity had not been notified of any legacy income or prospective legacy income.
12 Analysis of charitable funds
Analysis of movements in Unrestricted Funds
| General fund | Balance Funds 1 April 2023 Income Expenditure Transfers 31 March 2024 £ £ £ £ £ 14,013 24,985 (26,202)- 12,796 |
|---|---|
Analysis of movements in unrestricted funds – previous year
| General fund | Balance Funds 1 April Income Expenditure Transfer 31 March 2022 2023 £ £ £ £ £ 11,790 22,639 (8,352) (12,064) 14,013 |
|---|---|
13 Trustees and related party transactions
The charity trustees were not paid or received any other benefits from employment with charity in the year neither were they reimbursed expenses during the year. The key management personnel of the charity comprise the Trustees.
There are no transactions with related parties requiring to be reported in these accounts.
15 | P a g e