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2023-08-31-accounts

RIVERSIDE CHURCH

For the year ended 31 August 2023

Riverside Church Trust Charity number: 1099487 Company number: 04479264

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Riverside Year End 2023 Accounts Final

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REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Name: Riverside Church Trust Charity Registration Number: 1099487 Company Registration Number: 04479264

TRUSTEES/DIRECTORS

J Tomlinson

INDEPENDENTEXAMINER BANKERS= SOLICITORS Jerroms Business The Co-operative Bank PLC = Anthony Collins Solutions Limited PO Box 250, Delf House Solicitors LLP Lumanerl House Southway 134 Edmund Street Blythe Gate Skelmersdale Birmingham Blythe Valley Park §=WN8 6WT B3 2ES Solihull B90 8AH

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The Trustees, who are also directors ofthe company for the purposes of Company Law, present their report and accounts for the year ended 31 August 2023.

This report has been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finance Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), and in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

OBJECTIVES AND ACTIVITIES

Riverside Church Trust is an independent Christian church.

The objects of the Riverside Church Trust as defined in the Memorandum and Articles of Association are, in the United Kingdom and overseas:

These objectives do not change, but the strategies and goals agreed may change.

Our aim is to always hold to our mission statement:

“We are a church on a journey to help people get to know Jesus and grow as His followers across Birmingham and beyond.”

in line with this mission statement, we are committed to enabling as many people as possible to worship at our services, belong to our fellowship, develop their spirituality and express their faith through service to others, particularly those in need. In particular, we try to enable ordinary people to live out their faith as part of our fellowship through:

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STRUCTURE, GOVERNANCE AND MANAGEMENT

GOVERNING DOCUMENT

The organisation is a charitable company limited by guarantee, incorporated on 5 July 2002, merging together previous charities Riverside Ministries Trust (charity number 327647) and Riverside Fellowship Trust (charity number 1046841).

The objects of Riverside Church Trust are defined in the Memorandum and Articles of Association and the Trustees ensure that the activities of the church remain in line with these at all times.

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RECRUITMENT AND APPOINTMENT OF TRUSTEES

Trustees are appointed from the membership of the church following nomination and Interview by members of the Board and the Senior Pastor. All trustees serve as Directors.

TRUSTEE INDUCTION AND TRAINING

The Company Secretary is responsible for the briefing and training of trustees, drawing on resources from the Trust's solicitors, accountants and other relevant organisations such as the Charity Commission and the Evangelical Alliance. We keep abreast of developments in charity law and policy through several charity bulletins and seminars available for trustees. Significant changes are worked through In detail.

Trustees are provided with an induction pack giving an introduction to the legal requirements and responsibilities of trustees, and a comprehensive statement of the objects, values and beliefs of the church. They are introduced to the financial and management arrangements of Riverside and supported in their role by the Chair and other Trustees.

ORGANISATIONAL STRUCTURE

The Board ofTrustees meet regularly throughout the yearto provide support to the leadership team and oversee the direction of the church in keeping with the Objects, approve budgets, receive management accounts, and determine significant policy.

The day-to-day activity of the church is managed by a Church Leadership Team acting within responsibilities delegated by the Trustees. There is regular liaison between members of the team and Trustees.

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The Trustees are supported by Committees each of which has at least one Trustee, the Operations Director and other long-standing members of the church with appropriate experience and expertise. These Committees cover Finance, Risk and Safeguarding, and Human Resources, providing valuable advice to the Board.

The majority of the work of Riverside Church Trust {s carried out by a large and willing body of volunteers who are engaged in every area of the church's ministry, without whom most of the alms of Riverside Church could not be delivered as they are now. No appropriate value can be attributed to this contribution, which therefore is not included in the financial valuation of the Trust.

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RISK MANAGEMENT

We are satisfied that we have systems In place to support giving, manage resources and hold an acceptable tevel of reserves.

Trustees have established ‘Guardratls’ which provide early warning of financial exposure. They comprise minimum cash balances, together with limits on the proportion of income committed to staff costs. We also monitor levels of giving and other income.

Our policy is that each year the Risk and Safeguarding Committee reviews our Risk Register, which identifies the various risks to the church and considers the relative likelihood of those risks occurring. Where risks have Increased, appropriate remedial action Is Initiated.

Riverside has in place a Safeguarding Pollcy covering all of our activities with children and young people and vulnerable adults. This policy has been developed and is reviewed in line with legal requirements and current practice. Staff and volunteers receive appropriate training and information and are subject to all necessary checks, e.g. via the Disclosure and Barring Service (DBS). The policy is reviewed annually by Trustees and updated as and when necessary.

When employment legislation changes, our employment policies are reviewed, the changes are publicised to staff, and the staff handbook regularly updated. Given the nature of Riverside as a Christian church, we have a Christian Ethos Statement In place.

As a Christian organisation, we alm to demonstrate the benefit we bring to our local and wider communities. Trustees have had due regard to guidance published by the Charity Commission on public benefit.

RELATIONSHIPS TO OTHER ORGANISATIONS

The church is a member of the Evangelical Allfance and has working relationships with local churches [n Moseley, Kings Heath, Bournville and other parts of Birmingham and across the UK.

We run a weekly youth club in conjunction with Church of the Ascension, Stirchley.

The church supports a number of people working overseas, through prayer, financial and logistical support. This is often facilitated through regular funding to those people through the organisations who support them. Closer to home we provide support and supervision for a cross-cultural community worker employed by Interserve.

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HOW OUR ACTIVITIES DELIVER PUBLIC BENEFIT AND WHO HAS BENEFITED

We've had encouraging feedback from community members regarding the various activities we run, with many finding our services helpful, especially during these difficult times. Riverside Church, Riverside Pantry, Open Lunch, and other services such as Stay & Play and Riverside Money Advice have been a great benefit to the community, and we've seen many numbers coming through our doors for assistance and a safe place.

WORSHIP AND PRAYER

Sunday services is one of our main activities where we worship together, pray and fellowship as a wider family.

However, our worship and prayer Is not only what we express on a Sunday but our expression throughout the week. This includes our life groups, community groups and all our other services that we provide at Riverside house during the week.

We have begun to see the vision of our services coming to pass with some of those who attend our Money Advice service, Open Lunch, Café, and Pantry joining in on more faith-based activities like our Sunday gatherings and Alpha which Is a course where one can learn more about the Christian faith. This has been our greatest desire; to provide both help and hope to those in the surrounding communities.

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FELLOWSHIP AND PASTORAL CARE

Over the last two years, we have developed a central pastoral hub of champions and chaplains supporting people pastorally in multiple, wonderful ways both in church and across the community.

We have continued with our volunteer's chaplaincy to address the increased Isolation and loneliness in our community. We have seen many more accept the invitation to Alpha because of building trusted relationships within the Hub chaplains and volunteers with 12 people on the last course to run.

As part of more specific care, we continue to be a bereavement friendly church. We offer the bereavement journey course each term, walking with many people, dealing with loss in their lives. We have developed our pastoral care for the over 75-year-olds with a team doing visits and creating opportunities to gather.

We are offering more frequent baptisms and have seen more of a widening age range coming forward for Baptism which Is wonderful. Last year we baptised 15 people in all.

Children and families’ Ministry has continued to grow and flourish. Through some of the activities we have such as stay and play and REACT, a program for children put together by our Riverside Performing Arts team, we have seen a number of new children coming and attending other regular events.

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Youth ministries continue to grow, with at least 60 young people being led by John Goodlliff and his team of volunteers at weekly Friday gatherings. 7 of the young people were baptised this year and about 30 of them are serving at Riverside in some capacity on the Worship Team, Tech Team and in various other areas. The youth continue to enjoya variety of activities and weekends away together, which has had much impact on their faith as disciples ofJesus.

Riverside Academy programme 2022/23 started with 3 trainees: 2 in our Youth Work track and 1 In our Performing Arts track. Whilst 1 of the youth work trainees had to leave us just before Easter due to a change in personal circumstances it was wonderful to see them engaged In many areas of church life, growing in their own leadership gifts, and undergoing the disciple programme to grow as more resilient disciples of Jesus.

MISSION . —S

Julian Mander our previous Operations Director is now responsible for overseeing the mission work of Riverside Church. This has helped to manage the mission well.

Riverside Performing Arts (RPA) toured up and the down the country in primary and secondary schools, festivals, community centres, and churches with seven different productions, sharing storles rooted in hope, love, and faith. in December alone they performed to nearly 3,500 people and over the year delivered over 100 workshops.

Riverside Money Advice (RMA) provides free face-to-face money advice and help to people who want to get their finances under control or to escape debt or poverty. This last year RMA doubled Its delivery, providing over 1600 appointments, and partnered with Birmingham City Council to distribute over £150,000 of emergency funds; The team comprises 24 people who are advisors, chaplalns, befrienders, Interviewers, administrators and café hosts. RMA works alongside a free café which has provided a warm space, coffee and cake while people walt to be served.

Riverside Pantry was established in January 2023 and has been a great success so far, serving over 125 regular customers each month. The Pantry has merged weil with our regular Open Lunch and over this past year we have served over 1000 meals.

Real Riverside Football Club is a men's 11-a-side open age football team that competes in the West Midlands Christian League and the National Christian Trophy. Each season, over 30 players aged 16-45 find authentic community, create deep friendships and end up playing football together. We know as a team we can beat anyone on our day but true success comes off the pitch where we have seen players improve their mental heaith, positively restructure their personal lives and see first-hand what a faith in Jesus looks like.

STAFF

Since the covid pandemic there have been many changes in staff and organisational structure. In response to these changes, we have taken the opportunity to establish a new organisational structure, a revised employee handbook, strategies, policies and a renewed team culture.

The staff of Riverside Church have adapted well, and we have observed a growth in confidence in ail persons in leadership positions as well as those managing different our various services and projects. Staffing-wise, we are at capacity.

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RIVERSIDE HOUSE

Riverside House, located at 21 Alcester Road, Birmingham, provides office and meeting space for all staff and many of our volunteers as well as hosting numerous events and activities. A large hall caters for services, meetings and social functions. A number of smaller rooms also host activities.

FINANCIAL REVIEW

While Riverside continues to hold a stable financial position, we, like many others, have been hit by the rise in inflation which means our bills were very high, and donors were in many cases not able to increase their giving for the same reasons. This has resulted in a slight drop in our income and the need to use funds from our reserves.

We however remain confident with faith as our donors and all members of our church remain faithful in supporting and giving towards the charity work of Riverside.

RESERVESPOLICY=~=~”~”~~”:—™

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Our policy Is to hold unrestricted cash reserves necessary to cover running costs for four months in the event of a major variation of circumstances. Reserves are monitored quarterly as part of our management reporting.

FUNDING SOURCES

Riverside’s main funding source Is through the kind donations of Riverside members who are part of our congregation, through standing order and direct debits and through our weekly offering within our services.

We continue to apply for grants to fund particular projects or initiatives and have been successful in securing such funds for Riverside Performing Arts and Riverside Money Advice. Where grant funds are unrestricted and expended, these are accounted for as part of our general fund.

GOING CONCERN

The Trustees are confident that the Charity can continue as a going concern for a period of at least twelve months from the date of approval of these financial statements. The Trustees have a reasonable expectation that the Charity has adequate resources to continue in operation for the foreseeable future.

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Approved by the Board of Trustees onoo 2024
And signed on its behalf
Name: : Name:
Peg Micaner WA Ren
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| report to the charity trustees on my examination of the accounts ofthe company for the year ended 31st August 2023, which are set out on pages 2 to 23.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity 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, | report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act). In carrying out my examination, | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

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INDEPENDENT EXAMINER'S STATEMENT

Since the company's gross Income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 act. | confirm that | am qualified to undertake the examination because | am a member of Chartered Certified Accountants, which is one of the listed bodies.

| have completed my examination. | confirm that no matters have come to my attention In connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to whjch attention should be drawn in this report in order to enable a proper understanding of thg“accounts to be reached. OM v foto Date aa dal, Richard Horton FCCA for and on behalf of Jerroms Business, Splutions Limited, Chartered Certified Accountants

Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull B90 8AH

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For the year ended 31 August 2023

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||||||||| |---|---|---|---|---|---|---|---| |Notes|Unrestricted|Restricted|2022/23|2021/22| |Income|and endowments| |income from|generated|funds| |Donations|and legacies|2|571,588|33,919|605,507|629,212| |Other trading|activities| |Income from|investments|11,323|11,323|2,474| |income|from|charitable|activities|43,416|64,876|128,292|70,423| |Other|income| |Grants|Receivable|2|36.573|36,573|27.715| |Total|income|and|endowments|__ 626.327|155,369|781,694|729.824| |Expenditure|on| |Charitable|activities|(733,019)|(178,150)|(811,171)|(798,186)| |Governance|Costs| |Total Resources Expended|=|3|(733,049)|[(178,450)]|(997,171) _(798,186)| |Net income/(expenditure)|{166,693}|(22,783)|(129,476)|(68,362)| |Transfers|between|funds| |Fund|balances|brought forwards|923,461|143,462|1,066,943|1,135,085| |Fund|balances|carried forwards|816,768|120,699|$37,467|1,066,943|

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Movements on reserves and all recognised gains and losses are shown above.

The notes on pages 13 to 23 form part of these accounts.

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Notes 2022/23 2021/22
FIXED ASSETS
Tangible Assets 6 479,414 497 270
CURRENT ASSETS
Debtors 7 24,085 28,039
Cash at bank and in hand 458.443 581,914
482,527 609,953
CURRENT LIABILITIES
Creditors - falling due within one year 8 (24,475) (40,280)
NET CURRENT ASSETS 458,054 569,673
Total assets less current liabilites 937,467 1,066,943
NETASSETS 937,467 1,066,943
FUNDS
Unrestricted 13
General §071,055 580,887
Designated 315.712 342,574
816,768 923,461
Restricted 13 120,699 143.482
937,467 1,066,943
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These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees’ responsibilities:

Approved by the Board ofTrustees on _! a ii Mol 2024 and signed on its behalf. Riverside Church Trust Company No: 04479264

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Name:
Chen EL PUrPrree»
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Name:
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1 ACCOUNTING POLICIES

(A) ACCOUNTING CONVENTION

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:

The charity has applied Update Bulletin 1 as published on 2 February 2016.

No amount Is included in the financial statements for volunteer time In line with the SORP (FRS 102). Further detail is given in the Trustees' Annual Report.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Riverside Church Trust meets the definition of a public benefit entity under FRS 102.

(B) INCOME

Income from tax reclaims is included in the SOFA when due. All gifts and donations are accounted for on a receivable basis,

Grants are recognised In the statement of financial activities when there is reasonable assurance that:

l) the charity will comply with the conditions attaching to them; and li) the grants will be received

Gifts received in kind are valued by the trustees at their approximate market value and included within income and expenditure.

————————ln (C) RESOURCES EXPENDED

Expenditure Is allocated to the particular activity where the cost directly relates. Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Administration and office overheads and other related expenses are apportioned between direct charitable activities. For each direct activity, its total of “Staff Costs” and “Direct Costs” as a percentage of the total resources expended is used for its share of apportioned costs.

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(D) UNRESTRICTED FUNDS

These funds are available as general funds of the charity, which the Trustees are free to use In accordance with the charitable objects.

(E) RESTRICTED FUNDS

:

These funds are to be used to specific purposes as laid down by the donor.

(F) FIXED ASSETS

Fixed assets are shown at cost. Items of a capital nature and costing in excess of £500 are capitalised. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line basis over Its expected useful Ife as follows: Land 0% per annum Freehold property 2% per annum Furniture and Equipment 20% per annum Office Equipment, Audio Visual equipment 25% per annum Vehicles 25% per annum

(G) PENSIONS

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the financial statements in the period they are payable.

(H) FINANCE AND OPERATING LEASES

Rentals applicable to operating leases are charged to the SOFA over the period In which the cost is incurred. Assets purchased under finance lease are capltalised as fixed assets. Obligations under such agreements are included in creditors. The difference between the capitalised cost and the total obligation under the lease represents the finance charges. Finance charges are written-off to the SOFA over the period of the lease so as to produce a constant periodic rate of charge.

(1) IMPAIRMENT OF FIXED ASSETS

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there Is any Indication that those suffering an impairment loss. If any such Indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

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(J) CASH AND CASH EQUIVALENTS

Cash and cash equivalents include cash in hand and deposits held at cail with banks.

(K) FINANCIAL INSTRUMENTS

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The charity has elected to apply the provisions of Section 11 “Basic Financial Instruments” and Section 12 “Other Financial Instruments Issues” of FRS 102 to all of its financial instruments.

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Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there Is a legally enforceable right to set off the recognised amounts and there is an Intention to settle on a net basis or to reallse the asset and settle the liability simultaneously.

(L) BASIC FINANCIAL ASSETS

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective Interest method unless the arrangement constitutes a financing transaction, where the transaction Is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

(M) BASIC FINANCIAL LIABILITIES

:

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. (N) EMPLOYEE BENEFITS jg The cost of any unused holiday entitlement is recognised in the period In which the employee's services are received. Each term we check that employees are on track in booking annual leave and consider that this is adequate to ensure that no adjustment at year-end Is required for our small number of employees.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to the employment of an employee or to provide termination benefits.

(0)POSTBALANCESHEETEVENTS= = We are not aware of any material events post-balance sheet that require disclosure.

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ce

2 ANALYSIS OF INCOME

Donationsandlegacies Unrestricted Unrestricted Restricted Totai
Funds Funds 2022123 2021/22
£ £ £ £
Donations 490,778 27,820 518,598 $26,381
HMRCGiftAidRebste 80,810 6,099 86,909 102,831
— 571,586 €£ 33,919 € 605,507 € 629,232
GrantsReceivable Unrestricted Restricted Restricted Total
Funds Funds 2022/23 2021/22
£ £ £ £
BCCFoodPantryGrant £ 7,773 7,773
BCCWarmWelcome2023 £ 500 500
BirminghamCC - 5,292
CommonwealthGames Fund - 18,400
Comerstone 15,0600 $5,000 3,060
GranthamYorkeTrust Funding 4,000 4,000
Heinz Grant 300 300
Maydwell
NDSU Grant		 6,000 6,000 “ 450
Anon forReal RiversideTraining - 573
Trustees ofthe GEGEE Trust 3,000 3,000
. 36,573 36,573 27,715

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(Cd

3 ANALYSIS OF EXPENDITURE

2022/23.
2021/22
Direct
StaffCosts
General
Funds
£
£
Pastoral
42,774
175,485
Under-18s
23,785
51,131
Academy
1,177
7,313
Worship
Gatherings
59,962
23,187
Facilities
116,504
Designated Funds		 Apportioned
£
68,547
22,842
2,589
23,523
35,522		 Total
Total
£
£
284,807
230,676
97,758
98,669
11,078
8,988
100,672
102,500
152,026
112,921
CommunityTeams
25,382
9,073
CommunityProjects
59,847
Restricted Funds		 34,454
19,043
50,647
54,657
Giftsbeingpassed on
5,991
MoneyAdvice
24,386
53,566
PerformingArts
10,625
57,468
PineappleYouthProject
2,956
WordofHands
PantryProject
11,764
3,649
OtherProjects
124		 5,991
12,685
77,982
59,039
68,092
90,719
2,956
3,445
4,680
15,413
124
154
379,277
380,872
151,022
911,171
798,186
NBTotal StaffCostscomprise directStaffCostsaboveof£380,872 plusapportioned Staff
CostsIncluded intheApportionedcolumn aboveof£79,443, givingthetotalof£460,315
analysedInNote4below.

Total giving including gifts passed on was £65,838 (2022: £67,353). The table below analyses giving by category.

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AnalysisofGiving toOthers 2022/23 2021/22
Total Total
£ £ £
individuals In the UK
Elke Hanssman 182
Mike and Rachel Hill 4,032
Discretionary Gifts (under£500) 10,499
14,713 13,991
Individuals - International
Band E Allen 1,070
B Wilson 363
EmmaThomas 8,682
SteveJones 1,832
11,947 22,296
Organizations intheUK
Interserve 8,325
Cana Trust 3,337
ICY Ministries 4,005
Agape 3,989
The FeastYouth Project 600
Evangelical Alliance 440
Radstock Ministries 150
MoseleyChurchesTogether 163
ChaplaincyPlus 300
EngageWestMidlands 3,000
Fusion 300
Premier Christian Radio 180
Word ofHands 1,500
SupportforSyria/Turkey 1,000
International Organizations 27,289 24,359
Open Doors 5,196
Operation Mobilisation 1,834
Scriptural Knowledge 4,859
11,889 6,707
65,838 67,353

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C

& STAFF COSTS

2022/23 2021/22
£ £
Wagesandsalaries 407,803 374,524
Social security costs 32,592 32,402
Pensioni 19,920 18,051
460,315 424,977

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an Independently administered fund. The pension cost represents contributions paid by the company to the fund.

No employee earned more than £60,000 per annum.

Average number of employees (calculated on an average full time equivalent basis)

2022/23 2021/22
Direct charitable work 9 10
Administration 4 2
13 12

5 TRUSTEES’ REMUNERATION AND EXPENSES

No remuneration was paid or payable for the year to any Trustees for their role. See note 10 for related party transactions.

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6 TANGIBLE FIXED ASSETS

Office and
Freehold
Property		 .
Minus		 Fumiture
Equipment		 & Audio
Visual		 as
Equipment
£ £ £ £ £
cost
Al31 August2022 781,951 17,280 109,198 151,859 1,060,287
Additions 13,048 - 516 8,289 21,853
Disposals (5,612) - (86,767) (88,828) (181,207)
At31 August2023 789,387 17,280 22,946 71,321 900,934
DEPRECIATION
Ai31 August2022 329,817 17,280 95,732 120,209 563,037
Charge forthe year 14,132 - 4,589 16,771 35,493
Eliminatedon disposal (1,414) - (86,767) (88,828) (177,009)
At 31 August2023 342,535 17.280 13.554 48 152 421.520
NETBOOKVALUES
Al31 August2022 452,134 - 13,466 31,650 497,250
At31August2023 446,852 - 9,393 23,169 479,413

Included within the freehold property cost is £100,000 relating to freehold land, which is not depreciated.

7 DEBTORS

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2022/23 2021/22
£ E
Prepayments 13,607 15,050
Other debtors 3,934 6,872
HMRC Gift Aid 7,144 6,117
24,086 28039
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& CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

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2022/23 2021/22
£ £
Payroll Liabilities - HMRC PAYE 7,529 9,422
Accounts Payable 11,846 5,366
Governance 5,100 4,500
Deferred Income 2 7,485
Other . 13,507
24,475 40,280
Creditors:
Amounts falling due In greater than one year “ -
Aggregate amount of secured liabilities ENone (2022 £None)
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9 OBLIGATIONS AND COMMITMENTS

CAPITAL COMMITMENTS

----- Start of picture text -----
=
----- End of picture text -----

Contracted for but not provided: 31 August 2023 £ None, (31 August 2022 £ None)

10 RELATED PARTY TRANSACTIONS

No related party transactions took place in the year.

11 TAXATION

The charity is exempt from corporation tax on its charitable activities.

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12 CASH FLOW STATEMENT

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2022/23 2021/22
£ £
Cash generated from operating activities:
Net cash provided by (used in) operating activities (112,940) (12,266) Table 1
Cash flows from other sources:
Interest from investments 11,323 2,474
(101,617) (9,792)
Application of cash:
Purchase of property, plant and equipment (21,853) (33,588)
Purchase of investments - -
Repayments of borrowing . -
(21,853) (33,588)
Net Increase/(decrease) In cash: (123,471) (43,381)
Cash at bank and in hand less overdrafts at the beginning ofthe yea 581,914 625,294 Table 2
Cash at bank and in hand less overdrafts at end of the year 458,443 581,914
Table 1: Reconcillation of net income/(expenditure) to net cash
flow from operating activities
2022/23 2021/22
£ £
Net income/(expenditure) (as per the statement of financial activitie (129,476) (68,362)
Adjustments for:
Depreciation charges 35,493 37,131
Interest from investments (11,323) (2,474)
Loss/(profit) on the sale of fixed assets 4,217 .
(Increase)/decrease in debtors 3,954 (7,185)
Increase/(decrease) in creditors (15,805) 28,624
Net cash provided by (used in) operating activities (112,940) _ (12,266)
Table 2: Analysis of cash at bank and In hand less overdrafts
2022/23 2021/22
£ £
Cash at bank and in hand at the beginning of the year §81,914 625,294
Overdrafts included in bank loans and overdrafts falling due within
one year = -
581,914 625,294
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13 UNRESTRICTED AND RESTRICTED FUNDS, AND FUND MOVEMENTS

At 31 August2022 Movements in funds At31 August2023 in funds At31 August2023
£ £ £
GeneralFunds 580,887 (79,833) 501,055
DesignatedFunds 342,574 (26,861) 315,712
923,462 (106,694) 816,768
Restricted Funds At31 August2022 Movements in funds At31 August2023
£ £ £
Riverside MoneyAdvice 86,446 (42,505) 43,941
Free advice service
Riverside PerformingArts 53,154 3,126 56,282
Christiandrama group
Pineapple Youth Project 2,949 2,363 5,310
Youthworkon the Pineapple Estate
Restricted Funds $33 331 1,264
Smail gifts to missionaries
Riverside Pantry 13,903 13,803
Food pantryservice
143.482 (22,783) 120,699
Total 1,066,944 (129,477)
____—‘		 937,467

14 ANALYSIS GF NET ASSETS BETWEEN FUNDS

Fund balances at 31 August 2023 are represented by:

Unrestricted Restricted
funds: Funds Total
£ z £
'FixedAssets
lOthernetassets		 479,414
17,106		 0
6,979		 479,414
24,085
‘Cash 343,417 115,026 458,443
Liabilities (23,169) (1,306) (24,475)
816,768 120,699 937,467

15 LEGAL STATUS CF THE CHARITY

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding-up Is limited to £1.

16 CONTROL

There was no controlling party during the year.

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