Renewal Churches Trust (A company limited by guarantse) Reg.No. 04909950 End of Year Financial Statements Year ending 31 December 2023
Renewal Churches Trust (A corTpany limited by guarantee) Report and Accounts Contsnts Company Information Trustees, Report Statement of Financial Activities Balance Sheet Page Notes to the Accounts Independent Examinerfs Report 12
Renewal Churches Trust (A company limited by guarantee) Company Inforniation: Directors l Trustees". Mr G Wnfield- Chair MrPHSmart Mrs J M Smart Mr M G Waller Mrs E J Waller Mrs C J Wnfield Secretary: MrPHSmart Company Number. 04909950 Chaiity Number. 1102944 Registered Office: 5 Femholt Tonbridge Kent TN10 3RH Bankers: Bardays Bank plc 73-75 Calverley Road Tunbridge Wells Kent TN12UZ Solicitors: Lawson Lewis & Co 11 Hyde Gardens Eastboume East Sussex TN17 3HF Independent Examiner. S L Phillips 11 Chatsworth Road Lytham St Annes Lancashire Pf8 2JN
Renewal Churches Trust (A (x)Thpany limited try guarantee) Trustees, Report for the year ended 31 December 2023 The Trustees present their report and aCcnts for the year ended 31 December 2023. Slructure. governance and management Renewal Churches Trust ds established in 2003 as a Company limited by guarantee and registered Charity govemed by its Memixandwn aThJ Artides of Associaticm. Trustees are appointed by the majority of the Trustees in accordance wilh the Trusys consbtution. The Trust is a Christian fndatIOn and therefo expects Trustees to be c(xnmitted to the advarKement of the Christs'an religion. The Trustees meet at aFpfDFYiate intervals to administer the Charity. Trustees The Trustees seNed during the year We as follows: Mr G Wnfield- Chair MrPHSmart Mrs J M Smart Mrm G Waller Mrs E J Waller Mrs C J Wnfield Rlsk Management The Trustees have idorrtrfd the major risks which the Charity faces arKI consider that all necessary action has been taken to manage those risks. Objedives and Adlvftles The obie(Xives of the Chty as Stated in its mern(x and Artid8s of AssociatiM are to advance th? Clyistian rK>n aThJ tho PlIC urMJwstarKfirvJ of the Christian religion. The Trustees have sought to wrsue trSe 08cliVeS wimarily Ihrough Ihe maintenance arKI development of a Chn'sb'an Church in Tonbridge, Kent. In setting 'ec*ives arKI planning activitses, ts TNst805 have given considoration to the 98neral guidance wblishl by the Chwilios CL¥nmissKm rBlatirvJ to kn11¢ bw Financlal revkn and rM•rves pollcy Incomirvj resources for the year V•ere £47,758 (2022: £46,68n. Resources experKled totalled £46.292 (2022: £46.904). At the end of period the Charity h1 (8$eS of £31,978. The Trustees revithv Management Acc¢yJnts a regLAar basis.
Renewal Churches Trust (A company Iimiled by guarantee) Achievements and pwfonnance for the public benefit River Church hdds various meetings thrwgh(xrt the week both in pers(m aTKI line via zo(xn provKling teaching. equipping. arKI encragement on various aspects of Christian living. as we seek to live oth (xjr mission and vision lo impact the ICal community, region, county and beyond with the transf(Thing love of God. releasing His Presence to bring about ref<Thab'on in every aa of society. for the glw crf God. in the name of Jesus and by the power of the Holy SpiriL' We have introduced Friday evening meets'ngs that indLMle a light supper called 'The Well, and 'Upper Room. that provides a point of connects'on f people to worship and Fyayer for each other arKI the I(] community. For many years now we have met either in person or via zo(xn every Thursday moming to pray specifically for ¢)ur t(Nm and the Surrndg area. Again this provides another point of connection for people. River Church rents faulities from Carroty Wood (Rock UK) based in north Tonbridge for its Sunday momirKJ meeb'ngs arml also hires facilib.es at Christ Church URC Tonbridge for Comma (see bel(hv). COMMA is a baby and toddler group that has been running since 2016 supporting parents, grandparents and carers from the local community. It's a time for parents, grandparents and arers to pause arKI enjoy a break over tea, cLfee and cake vthilst the children have fun plawng and creab"rvJ. Ccvnma is open Tuesday momings 9:30 - 11:00 during tenn time and remains well atten throughout the year. See www.riverchurchtonbnd e.or for more details. FEAST (Fnilies Eab'ng ArKI Sharing Together) - together with other Churches and the local ccxnmunty we part of FEAST. a community top up larder serving the people of Tonbridge. Pete and Jeni Smart are on the Board of FE4ST arKI they, and some of those who e part of River Church. help on a regular basis at the weekly larder. In addition, during the school holidays fanily lurthes armj activits.es are wovided - see ww.feast.o .uk for more detsils. The Trust has made financial gifts to local arttl intemational charitieslministries:_ Hope Clxrch Tonbn"dge (Ukraine Relief Fund) £1295 Bettr Church Calrfomia £775 Iris Global UK £1450 FEAST £1025 The T meet at 4)wopriate intervals thn)ughcMJt the year to revithv general rnattS concerning the owats( of the Trust and monthly financial rePts are circulated within 14 days of the month end for revithv and c¢ynment.
Renewal Churches Trust (A company limited by guaranlee) Trustee Responsibilities The Trustees (wtK) also Directors for the purposes of company I> are respx)nsible for preparing the Trustees Report and acc(xJnts in accordance Nmth applicable law arKI United Kingdom Accounts"ng Standards (United Kingdom Generally Accepted Accounting Practice). Company and charity ulS the Trustees to prepare accounts for each financial year which give a true fair view of the state of affairs of the Charitable Company and its incoming resources and application of resources of the charitable company that period. In preparing those accounts. the Trustees we required to: Select suitable accounting policies and then to apply them consistently Observe the methcxjs and principles in the Chariti'es SORP Make judgements and esb"mates which are reasonable and prudent Ppa the accwnts on the going concem basis unless it is inapw>priate to esume that the charitable company will confj'nue in business Small company provisions This reFMXt has been prepared in accordance wth Ihe provision in Part 15 of the Companies Act 20( applicable to companies subject to the small companies regime. This rePt a5 appr(wed by the Trustees Gthsr 2024 and signed on their behdf by Guy Winf*ld Directorffrustee
Renewal Churches Trust (A company limited by guarantee) STATEMENT OF HNANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2023 Unrestricted Restricted 2023 2023 Total 2023 Total 2022 Notes Income Income from donations Donations 47,460 47,460 46.659 Income from Investments Interest reiVed 298 298 28 Totsi Income 47,758 47.758 46.687 endlture Charltable acthiitles 46,292 46.292 Bad debt Totsi Expendlture 46,292 46.292 46,904 Net Inctyne / (expendlture) 1,466 1.466 (217) Totsi funds brou8ht 30.512 30,512 30,729 Ti)tsl luNts carrfed forward 31,978 31,978 30,512 All of the results relate to continuing adivities. The notes ¢)n pages 9 to 11 form part d these finCial statements.
Renewal Churches Trust (A cornpany limrted by guarantee) BALANCE SHEEf YEAR ENDING 31 DECEMBER 2023 Notes Unrestrirted Restricted nds funds 2023 Total 2022 Total FIXED ASSErs CURREMf ASSETS Stock Debtors Bank Cash I Cheques 32,158 177 32,335 32,158 177 32,335 30,908 216 31,124 CURREMf LIABILmE5 Creditors: Falling due within l year Other Creditors 102 255 357 102 255 357 357 255 612 NEf CURRENT ASSErs 31,978 31,978 30,512 TOTAL ASSETS LESS aJRREPlf UABiufiES 31.978 31,978 30.512 31,978 31,978 30,512 The Trustees consider that the charitable company is entitled to exemption from the requirement to obtsin an audit under Section 477 of the Companies Act 2(. The members not required the charitable ccxnpany to obtsin an audit in accordance secti 476 of the Act The TrusteeslDirectcYs th(mI1ge their responsibilities for complying with the requirements of the Companies Ad 20[ with respect to accounting rec(xds and the preparation of The TrusteesDlr8oors acknedge their responslbilities for preparing accourrts whlch give a true arKI fair VI of the state of the company at the erKI 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 ts requirements of the Companies Acl relaling to accounts, so f¥ as applicable to the charitable company. These accwrts have been PreParj in a¢xordance wth the provisions applicable to small ccxnpanies subject to the small companies regime and in accordance with FRS102 SORP. Approved by t Trustee¥ on: 2024 Signod: Guy Winfield (Dlrectorffrustee) Mlchael Waller (DlrectortTrustse)
Renewal Churches Trust (A o)nwany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31 DECEMBER 2023 1. ACCOUNTING POUCIES Basi5 of preparntion The financial statements have been PrePad in accordance with Accounting and RepLYts'ng by Charrties: Ststement of Recommended Practice applicable to chanties eparing their acc(xmts in accordance wth the FanCIal RwtirYJ Standard applicable in the UK arKI Rewblic of Ireland (FRS 102) - (Charities SORP {FRS102)) and the CnPanieS Acl 2CTh. Fund accounling Unresth'cted furKls are available for use at the discretion of the Tnjstees in fijrtherance of the general objtiveS of the chanty. Restricted funds can only be used for sperjfic wrpose5. Income All incoming reSrCeS are included in the Statement of Financial Activities when the charty is legally entitled to the income and the amount can be quantsfied with reas(able &curacy. Resources experKled are induded in the Ststement of Financial Activities on an cruals basis indusive of any VAT which cannot be recovered. Charitable aCtivis irKIe expendrture on gifts to Christsan causes and church athivities. Govemar costs (Accourrtary & Professional Fees) include those incurred in the governae of the charty and are wmarily associated with consts'tiJtional and statrrtory reqU1ments. Z ANALYSIS OF INCOME Unrestrfrtd Ratrlcted 2023 2023 Totsi Z023 Totsi 2022 offen5/DonatiOnS Regular Givln8 Stewardshlp Glft Ald Returns Café Comma Other 15,432 20,920 2.789 6.172 1,952 493 47.758 15,432 20,920 2,789 6,172 1,952 493 47.758 14.394 21.035 3.068 6.105 2.057 28 46.687
Renewal Churches Trust (A company limited by guaranteey Unrestrlcted Restrlcted 2023 2023 Total 2023 Total 2022 3. ANALYSIS OF EXPENSES GlftslDonations Resources costs The Glft . Supplies Supplles / Equlpment General Café Comma HospftaSrty Guests Hospitality General Staff Wages (Gross) Staff Wages (Net) Pension Contributions Employer Employer Tax / NIC Hire Hall Costs offi Storage Costs Mileage / Travel Costs Networking & Support Refreshments Church Refreshments Telephone ststionery Comwter / Websits / AV Accountancy / Bookkeeping Professional Fees Bank Charges Credit Charges Dee¢latIon Insurance Resources l Teachlng Materlals Tralning 5,182 5, 182 5,997 35 367 1,278 47 468 35 367 1,278 47 468 182 874 1,383 188 29,247 1,390 2.306 2.219 660 750 29,247 1,390 2.306 2.219 660 750 28,589 1,371 2,637 1,719 660 328 169 51 556 108 478 169 51 556 108 478 201 339 ioi S08 289 254 360 283 254 360 283 320 265 859 46.292 46,292 46,904 4. FUND MOVEMENTS Brought Forward Income Expenditure l Bad Debt Transfers Carrled Forward Fund Unrestrlcted funds 30,512 47,758 46,292 31,978 Restrlcted funds Total 30.512 47,758 46,292 31,978 5. DEBTORSIBAD DEBT NIA 10
Renewal Churches Trust (A company limited by guarantee) 6. BANK This is the total of the current account and business prernin account as at 31 December 2023. Current account £540.75 and business premium account £31,617.91. 7. CASHICHEQUES Cash not banked I retained as a float for Café Comma £177.53. 8. CREDITORS 2023 figures: £101.99 {8arclaycard) 9. OTHER CREDITORS This fyure has been carried forward since 2015 and there is no infomiation in past accounts detsiling its origin. 11
Renewal Churches Trust (A conwany limited by guarantee) Indepondent examlnerf8 report to the trustees of Renewal Churches Tru8t I rep to the trustees on my examination of the accounts ol the Renew81 Churches Trust for the yew orKl8d 31" Docamber 2023. Responsibllltles and basls rf rnport As the charity trustees you are responslble for the preparatlon of Ihe accounts In accordance with the requir8ments d the Charities Act 2011 ('the Act,). I rep(#l in respect of my examination of tho Foundalion's accounts carried out under section 145 of th8 2011 Act arKI in carrying out my examination I have follNed all of the applicable Directions given by the Charity Commission under section 1495)(b) of the ACL I have completed my examinats'on. I confim thal no material matters have come to my Attenti in connection with the examination vknich gives me cause to believe that in, any materi81 respecL the accounting recfflls re not kept in accordance secticm 130 of the Charities Act; or accounts did rK)t accord th the accounting records; or the accounts did not comply with the applicable requirements conceming the fomi and content of acCntS set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter ¢sIdered as part of an independent examinab'on. I have no C1ComS and have come across other mattws in conneclion with the examination to vthich attentK>n should be drawn in this report in order to enable a proper understanding of the accnts to be reached. S P&££& S L Phillips Independent Consultant 12