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 waI￿r Mr8 E J waI￿r 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. SlwC￿re, govemance and managemènt Renewal Churche$ Trustwas establ￿thed in 2003 as a Company limited by guaTantee and reg￿er8d Charity govemed by rts Mermrandum andArb"des ofAs8Q¢Pt'on. Tnjstees ate apFomtsd by th8 majority of the Trust*s in accordarKe with ts T￿￿￿5 D$litution. The Trust is a Chr￿lian foundation and therefore èxpects Trustees to be committed to the advan¢em8nt ofthe Chrisb'an relYJion. The TTUStees 8im to meet quarterfy to adrninisterthe Charity. Trustèes TheTrustee$who 5eNed during thè year were as f￿1￿$". rG Wnfidd- Chair MrPHSmart Mrs J M Smart Mr M G Walkr Mrs E J VIal￿r Mrs Catnona Wnfiekl Rlsk Mana9ement The Trust*s have identfftd the major ￿SkS whith the Charity faces and comder thot al necessary action has Iwn taken to man8gglhose risks. ObiectJv•s and Activities The objecths olthe Charity as ststed in rts Memorandurn and Artide5 ofAssou*"on are to advan￿ the Chris*'an religion and the public understanding of the Chrtstran religion. The TwBlees havo 50whl to pursue these objectkves primarity throuah the Mainténan￿ and d&¥•bpment ola Chnstian Church in Tonbridge, Kent. In Setting objecbve5 ￿annIng activth8s. the Trust&5 have 9wen ConS￿￿eration to thè ge￿ra￿ guKlaneé publi$h&l by Ch8ribes commi￿on ra&t'rg tr) publK benefit Financlal r•¥ièw and reserves policy Incoming resources forthe year were £51,39112019'. £62,569). Resou￿$ expended tOtal￿d £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$8s of wmpany Iwl are r8spMsl)18for prepamgthe Trustees Rewrt acwunts ￿ a￿ordanCe￿￿1h appIN￿￿ Lgwsnd Unrt8d lfjwdom Acujunbw Standards Iunied Wom Gen￿￿lYA¢xepI￿l Ac¢ounbrKJ Pracb¢el. OrnP8ny wuires the Twstees ts) prepare attoLrt$foi eath finanaal year which give a tTue and fairview of Ihe st8te of affai[5 of the Charit8bk Company of it5 Incoming r&5our￿S applution of ￿soUr{b$ ol the c*ari*8bbcxwy fortstperiod. In p￿pann9 thse accwnts, the Trustees are reoJired to.. S4e(a ¥Jita￿e 8ccuJntiThJ ￿￿￿eS •Th1 then to aFWy fvm rx)n$ist Observe the Meth￿1$ aThJ prirriples u) thè Cforitie5 SORP Makejudgements ¥YJ estirnateswhith a￿ reasonabk and prud￿1 Prepare the actr)Jnts on the goino cA￿￿M ba&s unlass rt is Inappropriate to presume IMtth6 CharEla￿ cDmpanywill business Small Company provi$lor Thi$ r8PJrt has w8p8r&J in acxJxdanc**ilhthe pmwsDn in Part 15 of th8 c￿mpanieS Act2QA aFpl￿￿t0 0)mpan￿S FA*)￿1 t*the Small compan*$ r8guN. This reportwasapprov•Y by th8Truste¢s L 21r21 and *gned onthwb*Wby 4D-VJJ Dir8ctwThrusteè Renewal Churches Trust IA ¢￿￿panY linit*l by gvaranl*l 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