**Renewal Churches Trust (A company limited by guarantee) Reg.No. 04909950**
**End of Year Financial Statements Year ending 31 December 2021**
1
Renewal Churches Trust (A company limited by guarantee)
## **Report and Accounts**
|**Contents**|**Page**||
|---|---|---|
|Company Information|3||
|Trustees’ Report|4||
|Statement of Financial Activities||7|
|Balance Sheet|8||
|Notes to the Accounts|9||
|Independent Examiner’s Report||12|
2
## Renewal Churches Trust
(A company limited by guarantee)
## **Company Information:**
Directors / Trustees: Mr G Winfield – Chair Mr P H Smart Mrs J M Smart Mr M G Waller Mrs E J Waller Mrs Catriona Winfield Secretary: Mr P H Smart Company Number: 04909950 Charity Number: 1102944 Registered Office: 5 Fernholt Tonbridge Kent TN10 3RH Bankers: Barclays Bank plc 73-75 Calverley Road Tunbridge Wells Kent TN1 2UZ Solicitors: Lawson Lewis & Co 11 Hyde Gardens Eastbourne East Sussex TN17 3HF Independent Examiner: S L Phillips 11 Chatsworth Road Lytham St Annes Lancashire FY8 2JN
3
Renewal Churches Trust (A company limited by guarantee)
## **Trustees’ Report for the year ended 31 December 2021**
## **The Trustees present their report and accounts for the year ended 31 December 2021.**
## **Structure, governance and management**
Renewal Churches Trust was established in 2003 as a Company limited by guarantee and a registered Charity governed by its Memorandum and Articles of Association.
Trustees are appointed by the majority of the Trustees in accordance with the Trust’s constitution. The Trust is a Christian foundation and therefore expects Trustees to be committed to the advancement of the Christian religion.
The Trustees aim to meet quarterly to administer the Charity.
## **Trustees**
The Trustees who served during the year were as follows:
Mr G Winfield - Chair Mr P H Smart Mrs J M Smart Mr M G Waller Mrs E J Waller Mrs Catriona Winfield
## **Risk Management**
The Trustees have identified the major risks which the Charity faces and consider that all necessary action has been taken to manage those risks.
## **Objectives and Activities**
The objectives of the Charity as stated in its Memorandum and Articles of Association are to advance the Christian religion and the public understanding of the Christian religion.
The Trustees have sought to pursue these objectives primarily through the maintenance and development of a Christian Church in Tonbridge, Kent.
In setting objectives and planning activities, the Trustees have given due consideration to the general guidance published by the Charities Commission relating to public benefit.
## **Financial review and reserves policy**
Incoming resources for the year were £45,180 (2020: £51,391). Resources expended totalled £39,310 (2020: £43,407). At the end of the period the Charity had reserves of £30,729. The Trustees review Management Accounts on a regular basis.
4
(A company limited by guarantee)
## Renewal Churches Trust
## **Achievements and performance for the public benefit**
In the light of the ongoing pandemic River Church held regular meetings via zoom throughout the year until late September when in person Sunday morning meetings were reintroduced providing teaching, equipping, and encouragement on various aspects of Christian living, as we seek to live out our mission and vision ‘to impact the local community, region, country and beyond with the transforming love of God, releasing His Presence to bring about reformation in every area of society, for the glory of God, in the name of Jesus and by the power of the Holy Spirit.’
River Church began renting facilities from Carroty Wood (Rock UK) in September for it’s Sunday morning meetings, but continued to rent facilities at Christ Church URC Tonbridge for the Friday evening ‘Upper Room’ meetings
_THE GIFT_ , in conjunction with FEAST (see below), has a ‘Front Of Store’ partnership with the local Sainsbury’s, and food donated by customers, and the store, is collected on a regular basis providing stock for the FEAST community larder.
_CAFÉ COMMA_ , a place for parents/carers to enjoy refreshments and cake whilst the children have a time of free play with toys and craft remained closed until September when it reopened and has continued to be well attended.
_FEAST_ (Families Eating And Sharing Together) is a local initiative that welcomes families with school age children to join us for a healthy hot meal during the school holidays - http://www.feast.org.uk. A community larder, supplied by items from _THE GIFT’s Front of Store_ arrangement with the local Sainsbury’s, is provided at the lunch from which the families can choose items to supplement their weekly shop. With the pandemic outbreak _FEAST_ became a foodbank predominately offering fresh food in addition to the longer life items provided by the food collected from Sainsbury’s. However, towards the end of the year, following the relaxation of the COVID restrictions the lunches have recommenced.
The Trust has made financial gifts to local, national and international ministries (e.g. MB Ministries, Iris Global) as well as local bodies (e.g. Royal Rise Primary School to support their Year 6 ‘Transition Day’ and Christmas Gift Appeal) and individuals in support of the church’s ministry. Also, the Trust funded food donations for the FEAST Christmas Hampers and in conjunction with Tonbridge Welcomes Refugees supplied hampers for refugee families living in Tonbridge.
The Trustee’s aim to meet quarterly to review general matters concerning the Trust.
5
Renewal Churches Trust
(A company limited by guarantee)
## **Trustee Responsibilities**
The Trustees (who are also Directors for the purposes of company law) are responsible for preparing the Trustees Report and accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company and charity law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Charitable Company and of its incoming resources and application of resources of the charitable company for that period. In preparing those accounts, the Trustees are required to:
- Select suitable accounting policies and then to apply them consistently
- Observe the methods and principles in the Charities SORP
- Make judgements and estimates which are reasonable and prudent
- Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business
## **Small company provisions**
This report has been prepared in accordance with the provision in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the Trustees on 2022
and signed on their behalf by
_________________________________
**Guy Winfield Director/Trustee**
6
Renewal Churches Trust
(A company limited by guarantee)
## **STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2021**
|**Notes**
**Income**
**Income from donatons**
Donatons
2
**Income from investments**
Interest received
**Total income**
**Expenditure**
**Charitable actvites**
3
**Bad debt**
5
**Total Expenditure**
**Net income / (expenditure)**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**2021**
**£**
**Restricted**
**2021**
**£**
**Total**
**2021**
**£**
**Total**
**2020**
**£**
45,177
-
45,177
51,376
3
-
3
15|
|---|---|
||45,180
-
45,180
51,391|
||39,310
-
39,310
43,257
150
39,310
-
39,310
43,407|
||5,870
-
5,870
7,984
24,859
24,859
16,875|
||30,729
30,729
24,859|
All of the results relate to continuing activities.
The notes on pages 9 to 11 form part of these financial statements.
7
Renewal Churches Trust
IA company limited by guarantee)
## Renewal Churches Trust
(A company limited by guarantee)
## **BALANCE SHEET YEAR ENDING 31 DECEMBER 2021**
|Notes
**FIXED ASSETS**
**CURRENT ASSETS**
Stock
Debtors
5
Bank
6
Cash / Cheques
7
**CURRENT LIABILITIES**
Creditors: Falling due within 1 year
8
Other Creditors
9
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**|Unrestricted
funds
£
Restricted
funds
£
2021
Total
£
2020
Total
£
-
-
-
-
-
-
-
-
-
-
-
-
31,081
-
31,081
26,419
492
-
492
23|
|---|---|
||31,573
-
31,573
26,442|
||589
-
589
1,328
255
-
255
255|
||844
-
844
1,583|
|||
||30,729
-
30,729
24,859|
|||
||30,729
30,729
24,859|
|||
||30,729
-
30,729
24,859|
The Trustees consider that the charitable company is entitled to exemption from the requirement to obtain an audit under Section 477 of the Companies Act 2006.
The members have not required the charitable company to obtain an audit in accordance with Section 476 of the Act.
The Trustees/Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The Trustees/Directors acknowledge their responsibilities for preparing accounts which give a true and fair view of the state of the company at the end of the financial year and of its surplus or deficit for the financial year, in accordance with the requirements of Section 303 and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the charitable company.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
**Approved by the Trustees on: 2022**
9
Renewal Churches Trust
(A company limited by guarantee)
## **Signed:**
## **Guy Winfield (Director/Trustee) Michael Waller (Director/Trustee)**
## **NOTES TO THE FINANCIAL STATEMENTS – YEAR ENDED 31 DECEMBER 2021**
## **1. ACCOUNTING POLICIES**
## **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 applicable in the UK and Republic of Ireland (FRS 102) – (Charities SORP (FRS102)) and the Companies Act 2006.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Restricted funds can only be used for specific purposes.
## **Income**
All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Resources expended are included in the Statement of Financial Activities on an accruals basis inclusive of any VAT which cannot be recovered. Charitable activities include expenditure on gifts to Christian causes and church activities. Governance costs (Accountancy & Professional Fees) include those incurred in the governance of the charity and are primarily associated with constitutional and statutory requirements.
|**2. **|**ANALYSIS**
|**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
||**OF INCOME**|**2021**|**2021**|**2021**|**2020**|
|||**£**|**£**|**£**|**£**|
||Oferings/Donatons|14,130|-|14,130|18,668|
||Regular Giving|20,561|-|20,561|20,279|
||Stewardship|2,729|-|2,729|2,567|
||Gif Aid Returns|6,853|-|6,853|6,095|
||Café Comma|473|-|473|614|
||Other|434|-|434|3,168|
10
Renewal Churches Trust (A company limited by guarantee)
45,180 - 45,180 51,391
11
## Renewal Churches Trust
(A company limited by guarantee)
|||**Unrestricted**|**Unrestricted**|**Restricted**|**Total**|**Total**|**Total**|
|---|---|---|---|---|---|---|---|
|**3. **|**ANALYSIS OF**||**2021**|**2021**|**2021**||**2020**|
||**EXPENSES**||**£**|**£**|**£**||**£**|
||Gifs/Donatons||2,561|-||2,561|5,586|
||Resources costs||-|-||-|-|
||The Gif : Supplies||461|-||461|1,351|
||Supplies / Equipment General||294|-||294|269|
||Café Comma||340|-||340|584|
||JNT : Pop up Café||0|-||0|0|
||Hospitality Guests||0|-||0|0|
||Hospitality General||257|-||257|75|
||Staf Wages (Gross)||-|-||-|-|
||Staf Wages (Net)||27,560|-|27,560||27,538|
||Pension Contributons Employer||1,311|-|1,311||1,311|
||Employer Tax / NIC||2,653|-|2,653||2,444|
||Hire Hall Costs||795|-||795|1,067|
||Ofce Storage Costs||660|-||660|660|
||Mileage / Travel Costs||83|-||83|90|
||Networking & Support Refreshments||-|-||-|-|
||Church Refreshments||-|-||-|-|
||Telephone||196|-||196|197|
||Statonery||0|-||0|28|
||Computer / Website / AV||465|-||465|426|
||Accountancy / Bookkeeping||93|-||93|310|
||Professional Fees||408|-||408|249|
||Bank Charges||322|-||322|290|
||Credit Charges||-|-||-|-|
||Depreciaton||-|-||-|-|
||Insurance||448|-||448|457|
||Resources / Teaching Materials||239|-||239|122|
||Training||164|-||164|203|
||||39,310|-|39,310||43,257|
|4.|**FUND MOVEMENTS**|||||||
|||Brought|Income|Expenditure||Transfers|Carried|
|||Forward||/ Bad Debt|||Forward|
||**Fund**|£|£||£|£|£|
||Unrestricted funds|24,859|45,180||-39,310|-|30,729|
||Restricted funds|-|-||-|-|-|
||Total|24,859|45,180||- 39,310|-|30,729|
12
Renewal Churches Trust (A company limited by guarantee)
## 5. **DEBTORS/BAD DEBT**
N/A
## 6. **BANK**
This is the total of the current account and business premium account as at 31 December 2021. Current account £174.46 and business premium account £30,906.20
## 7. **CASH/CHEQUES**
Cash not banked / retained as a float for Café Comma £492.17.
## 8. **CREDITORS**
**2020 figures:** £1323.22(Barclaycard), £4.80 (WorldPay) **2021 figures:** £589 (Barclaycard)
## 9. **OTHER CREDITORS**
This figure has been carried forward since 2015 and there is no information in past accounts detailing its origin. Consider writing this off in 2022 accounts.
13
Renewal Churches Trust
IA company limited by guarantee)
Renewal Churches Trust
IAwmpany limrted by guarantee)
Ind¢pendont examinerfs report to th• trust•es of Rènewal Churches Trust
I report lo the trustee5 my exwninaDon of Its accounts of the Ren Churches TTUSt for
the year ended 31* Decernter 2021.
Responsibllites and Iw¥is of r•pDrt
As the chwty trustees you are responsible for *he weparation of the acwmts in accr¢*
th the requifements ofthe Chanties Act 2011 llhe AL1'1.
I rel in resFed of my etIOn ol FourmjaiK'$ aL£¥)u carried out under section
145 of the 2011 Act and in ¢arrwng out my examinat I have fe41rrd all of the applirable
DirectK)ns gi% by Charty Comm155ion urKkrsethM 14515llbl Oft Act.
I have COmF*t8d my examinabon. l ¢onfimi that rKs matenal matter5 have corne to my
attentK)n in conrvJKXI vAlh the examinakn gr¥e5 me ¢aLtse to that in. any
matenal resFÉCt.
of the Chant Act", or
3CCQUrts dKY not a(*xJrd the accourttng records. or
the accounts thd nc¢ crynply the aFf4icable UlYerrents (XYK1ryj forni
Gontent of accxjunts set txrt In Ihe chrt IA¢counts arKI Reports) Regulakns
2CM)8 other than any rwuiremwrt that Ihe a(Jrts gwe a aTr4 4Yhich is
I have concwr8 ar#1 have corne acrc65 Th) mattws conTr8ckn the
examination to whth attentiN shwkl be in ths rewt in order to enatAe a
understaThg oftt* acfX)unts to te re8d
S L Phill*ps
Independent Consutsnt
14
Renewal Churches Trust
IA company limited by guarantee)
15