Renewal Churches Trust IA company limlted by guarnntso) Reg.No. 04909950 End of Year Financial Statements Year ending 31 December 2020
Renewal Churches Trust (Arwwy lkntted byguw4nle81 Report and Accounts Contents Pag• Compar¥y lTrf¢ymation Trustees, Report Statement ofFinarrial ActNths Bala[e Sheet Ncrtes to the Ac(xwnts Independent Examinefs Re)rt 12
Renewal Churches Trust IA L¥)mwy limited by guaanteel Company Inforniation: Directotsl Trustees.. rG WinfiekJ- Chair MrPHSmart Mrs J M Smart Mr M G waIr Mr8 E J waIr Mr8 Catriona Iminfietyj Secretsry.. Mr P H Smart Company Number.. 04S09950 Ghortty Nymber". 1102944 R8gi8ter8d Office.. 5 Fetnho Tonbridge Kent TN10 3RH 8an%ers.' Barclays Bank plc 73-75 Calver* Road Tynbridge VVe#s Kent TN1 2UZ Soli¢>tors.' Lawson Lewi5 & Co 11 Hyde Garden5 Eastbourne East Sussèx TN17 3HF Ind8pend8nt Examiner S L Phi15ips 11 Chatsworth Road Lytharn St Annes Lanrashire FY8 2JN
Renewal Churches Trust IA(thpany by guarant8el Trustees, Report for the year ended 31 December 2020 The Trust995 pre8#nt thoir rgPOrt?rrfl a¢¢ounts forth8 y•ar ended 31 De¢ember2020. SlwCre, govemance and managemènt Renewal Churche$ Trustwas establthed in 2003 as a Company limited by guaTantee and reger8d Charity govemed by rts Mermrandum andArb"des ofAs8Q¢Pt'on. Tnjstees ate apFomtsd by th8 majority of the Trusts in accordarKe with ts T5 D$litution. The Trust is a Chrlian foundation and therefore èxpects Trustees to be committed to the advan¢em8nt ofthe Chrisb'an relYJion. The TTUStees 8im to meet quarterfy to adrninisterthe Charity. Trustèes TheTrustee$who 5eNed during thè year were as f1$". rG Wnfidd- Chair MrPHSmart Mrs J M Smart Mr M G Walkr Mrs E J VIalr Mrs Catnona Wnfiekl Rlsk Mana9ement The Trusts have identfftd the major SkS whith the Charity faces and comder thot al necessary action has Iwn taken to man8gglhose risks. ObiectJv•s and Activities The objecths olthe Charity as ststed in rts Memorandurn and Artide5 ofAssou"on are to advan the Chris'an religion and the public understanding of the Chrtstran religion. The TwBlees havo 50whl to pursue these objectkves primarity throuah the Mainténan and d&¥•bpment ola Chnstian Church in Tonbridge, Kent. In Setting objecbve5 annIng activth8s. the Trust&5 have 9wen ConSeration to thè gera guKlaneé publi$h&l by Ch8ribes commion ra&t'rg tr) publK benefit Financlal r•¥ièw and reserves policy Incoming resources forthe year were £51,39112019'. £62,569). Resou$ expended tOtald £43,40712019.' £47.7281. Atlhe end ollhe pericd the Chanty had r88erve$ 01£24,859. The Trustees review Management Accounts on a regular .5.
Renewal Churches Trust IA Comp lkn)ited by guardnteel AGIEievements and performance for the publlc benefit Up until 15 M&rch River Church hÈld regular we8kly evening meetings at Christ ChurGh URC, Tonbridgè. with mid-we8k gsthering5 (Ablaze, Pr8yer Breakfast alld a Gonnect Group) prowding the opportunity for relationship building. teaching. equipping. and encouragement on various aspects of Chnstian living. as we seek to live out our Mission v15ion 'to mpact the local community, region. country and beyond with the tran5foming love of God, releÈsing His Pr88ence to bring about reformation in every area of society. for the glory of God, in the narne of Jesus and by the power of the Holy Spirit., Howevèr. due to the COVID19 pandernic all meetings have been conducted online via zoom. THE GIFT has a Front Of Store partnership with the loca5 Sainsbury's, and food donated by customers and the stole is tollected bi weekly. We continue to partner with FEAST Ise8 below) providing food fortheir cornmunty larder GAFÈ COMMA. a place for p3rentslcarers to enjoy refreshments and cake whilst the children have a tirne of free play wrth toys and craft opened each Tuesday moming until 10 March when it was decided to clos& due to the COVID19 pandemic. FEAST (Families Eating And Sharing Together) is a local initiative that welcorn8s farnilie$ with school age children to join us for a healthy hot meal during the school holidays http'.Ilww.feast.org.uk. A community latder, supplied by items frorn THE GIFT. is provided at thè lunch from which the farnilies Can choos8 items to Supplement their weekly shop Wrth th8 panderniG Outbreak FEAST became a foodbank predominately offering fresh food in addition to the longer life iterns provided by th8 food collerted from Sainsbury's. A graftt of £2500 was awarded to RCT by the Charities Aid Foundation and used to pur¢h&s& fresh foodstuffs frotn local stores in order to Supply the weekly FEAST foodbank The Trustee's airn to meet at appropriate int6Fva15 to review general matters COnGerning the Trust.
Renewal Churches Trust Trustse Respon8its"lities The7nJstees are 8lso wrFfj$8s of wmpany Iwl are r8spMsl)18for prepamgthe Trustees Rewrt acwunts aordanCe1h appIN Lgwsnd Unrt8d lfjwdom Acujunbw Standards Iunied Wom GenlYA¢xepIl Ac¢ounbrKJ Pracb¢el. OrnP8ny wuires the Twstees ts) prepare attoLrt$foi eath finanaal year which give a tTue and fairview of Ihe st8te of affai[5 of the Charit8bk Company of it5 Incoming r&5ourS applution of soUr{b$ ol the cari8bbcxwy fortstperiod. In ppann9 thse accwnts, the Trustees are reoJired to.. S4e(a ¥Jitae 8ccuJntiThJ eS •Th1 then to aFWy fvm rx)n$ist Observe the Meth1$ aThJ prirriples u) thè Cforitie5 SORP Makejudgements ¥YJ estirnateswhith a reasonabk and prud1 Prepare the actr)Jnts on the goino cAM ba&s unlass rt is Inappropriate to presume IMtth6 CharEla cDmpanywill business Small Company provi$lor Thi$ r8PJrt has w8p8r&J in acxJxdancilhthe pmwsDn in Part 15 of th8 cmpanieS Act2QA aFplt0 0)mpanS FA)1 tthe Small compan$ r8guN. This reportwasapprov•Y by th8Truste¢s L 21r21 and gned onthwb*Wby 4D-VJJ Dir8ctwThrusteè
Renewal Churches Trust IA ¢panY linitl by gvaranll STATEMENT OF FIt4ANCIAL ACTIVITIES YEAR ENDED 310ECEMBER 2020 Unvejtrlcted Reslrfrted 2020 Total 2020 Total 20 Inwme In¢ome from donatlons tk)n?tions 51,376 51,376 62.565 In¢ome from investment5 InterÈ5trÈteived 15 15 Totsl Intome 51.391 51,391 62.569 endknr¢ Charitable aetl¥ltles 43,257 43,257 47,728 84d debl 150 150 Totsl ExppndilurE 43,407 43.407 47,728 irLCLNnel lexpendlturel 7.984 7.984 14,841 Totallunds brouBhtfor¥Ard 16.875 16,875 2,034 TtstslluhdstarvOedloYwaYd 24,859 24,859 16,875 l of the rèsutts late to eontinuing aCtIv.e$. The notes OTh pa9es 9 to 11 fomi part of Ihese finanaal statements.
Renewal ChurGles Trust (A £¥PanY by warantsei 2019 Tot funds fLmds To FIXEDASSErs k(Kk 3(0 l6.371 97b 17.641 Caghi cheouÈs 26,419 23 26.442 16.419 23 CURftENTUA4¢LtnES CreditOr5. Sallirt8duo thIrt Iy•w OthErQÈdit<x5 1.328 25$ 1.58a 1,328 255 1.583 25S 766 NÉT CURRENT&ET$ 24,859 24,859 16,875 Y07ALASSEfSiE55CUItREIIT 'JAOIUTIES 24,859 24.859 55Ers 24.859 24,B59 16.875 TfUStee8 condor that thè rharitabl& r£thpany is enttlleo kn èxenw from thè ,"aquirornentto otain an audit iWthrSo£ 477of thocompanos Act2(ts. The members have reqWj eompa)y to obtai an •dil in Wlh 476 oftr A The TruSteeDetttr$ acknthvledge their (¥swn1ltses for comptyiw ilh uiremtnts ol the Corn$ Act 20C6 with respect to aecJyrtng fecwds 8fKI the prepat) of ac¢ounts a INe and fair vwl of the skte <rf the ojnpany ai errtl of th@ finanual year and rts Sur¥ ijr defi¢41 for the fnE year. in accorda %47th th& of SadKn and whiL OtheSe comply requiremenLS Compfins Aa rd&ng to sCLnts, 60 IAras ap1¢ iotr* chant8bie company eompwAA8 SLtWllO ts SM rtrgvyje arKJ in a(urthnc8 th FRS1O2 SL)RP. 21 Signed..
Renewal Churches Trust IA Ixmpany linrted by guara)tsel NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31 DECEMBER 2020 1. ACCOUNTING POLICIES Basis of preparation The financial statetnents have been prepared in accordance with ACunt.ng and Reporting by Chanties.. Statement of Recomrnended Practice applicable to charibes preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charites SORP IFRS102118nd th8 Compan5 Act 2006. Fund accountlng Unrestricted fijnds are availab for use at the discretion of the Trustees in fvtherance of the general objectsves of the tharity. R8StHeted lunds can onty be used for specifi¢ purposes. Income l incoming resources are induded in the Statement of Finanual Activrt18s when the charity is ally ented to the income and the amount can be quantffied with aSOnab acwra¢y. Resources expended Resources expended are induded in the Statement of Financial ActNibes on an accruals bass inclusive ol any VAT which cannot be recoVed. Charitabk acteS indude expendrture on gifts to Christian causes and church adithes Govemance costs (Accountancy & Professional Fees) include those incurred in the goveman¢e of the Charity and are primarily a550ciated with constrtulional and statutory requirements. 2. ANALYSIS OF INCOME Unre5trfrted 2020 Restricted 2020 Totsl Total 2019 OfferingslDonations ReeJlar6wing Stewardship GiftAid Returns Café Comma Other 18,668 20,279 2,567 6,095 614 3,168 51,391 18,668 20,279 2,567 6,095 614 3,168 51.391 35,292 12.705 4,080 7,184 2,651 657 62,569
Renewal Churches Trust IA company limit by guaRn**l Llnrestricled Rettrlrted 2020 2020 Total 201Q Total 2019 3. ANALYSIS OF EXPENSES GiftslDDn3tions Resources costs The Gift.. supplies Supplies l EqulprnentGeneral Café Comma JNT- Pop up Cafè Hospitality Guests Hosprtality General sraff Wage5 (Gro) Staff Wagp5 (Net) Pension Contributions Employer EmployerTaxl NIC Hire Hèll Costs Office Storage Costs Mileage / Travel Costs Networking & Support Refreshments Church Refreshments Telephone Stationery Computerl Website/AV Accounrancy 18oDkkeeping Professional Fee5 Bank Charges Credit Charge5 Deprectatkn Insuran Resources1 Teaching Maieii815 5,586 5,586 3.968 1,351 269 1,351 269 543 197 2,390 120 165 75 75 27,538 1,311 27,538 1,311 2,444 1,067 6 27,164 1,202 3.235 5,078 660 202 1,067 660 90 197 28 426 310 249 290 197 28 426 310 249 290 93 J60 87 376 252 457 122 203 457 122 203 131 571 43.257 43.257 47,728 4. FUND MOVEMENL8 Brought Forward Income Expendfture 18ad Debt Transfers CaFT4ed Forward Fund Un¥esirrrted funds 16A75 51,391 - 43,407 24,859 Restrlcted funds Totsl 16,875 51.391 -43,407 24.859 io
Renewal Churches Trust IA company limited by guant8el 5. DEBTORSIBAD DEBT A refundatle depost for th8 coffee machine was deemed due. however, the Company owning the machine tn51St that the sum w8S to Cover delwery, training and installation. An agrnent was reached to refund 50% of the deposit. The balance has, thefore, b88n written off. Emails ofsept & Oct 2020 bthoen Petsr Smart and Sarah Banbury ILVI refer. 8. BANK Thi5 ts thè total of the current account and busiMss prernium account as at 31 Dember 2020. Current account £1849.87 and business premium account £24.569.49. 7. CASHICHEQUES C05h retsined as a float for Cafè Comma £22.52. 8. CREDITORS 2019 figures: £511.06 (Barclaycardl 2020 ftgures.. £1323 22IBarclaycardl, £4.80 IWortdPayl 9. OTHER CREDITORS This figu has been carried forward since 2015 and there is no infomiation in p8 accourrts detailing its ortgin. Consider wr&ting this off in 2021 acLounts. li
Renestral Churches Trust. IAtomp8ny Iirnrted Dy gu¥anteei Indgp8ndent èx#rninor's reportto thè trust of Renowl Churchos Tru8t I report to the Iruslees on my e¥aminon ol the accounts of Ibe Renewal Churcne$ TrLtst for the year ended 31° December 202 ftesponoibilities and ba91$ of rgpDrt Ine chatrt¥ trUSe8 you are respon51bie lor Ihe prèparatK)n oftr ITr accordance wrth th8 iul[eeftts of the Ch¥ribes Act 2011 A¢i'1 I rÈpM In reSEt of my examination ol trt Foundalion 8 accounts c8rntd our urpaer 145 of the 2011 Act and In tsrrying out my ex8miD¥tion I have followed all of the apDIIcAb IreeOn¥ gNen bylhe Chanty CtyhnTri5S und¢r $8thon 1451Sllbl ofthè Act I have comDwett my axafflinaln l Confirm that no matenal matters have ¢om& 10 my arteniion In Gonnection with the examinTh which 9ive5 me ¢8uge to b21ieve th81 In. any m8Tef181 respe(x th¢ accounting re¢ord$rÈ not kept in ac¢ordKe wim seCtn 130 of ttte Charibes Act." o. the s¢¢ounls did not accord the accounlw records. or the accounts dKJ nDt CoMY wilh the applicsbb u51eellls cowsmiry the torm Gvnteni of ¥¢countS Sel out In the Charities (Accounts Report81 Regulions 2008 other th¥n rewrement Ihal Ihe accounts give a tru2 fairf vw4 vthich is not a Matter£OrmyrÈd as part of an IndpDendent exan¥t10 I have no concems and have ¢Drne auoss no other rnatte In cffinecknn w41h tnE examination lo which attention should be drawD In Ihis reyt in OTQ8r to a ryo unuerstandirvJ ot tt* aGcounts lo be reached Independeni Copsuttant