Renewal Churches Trust (A company limited by guarantee) Reg.No. 04909950 End of Year Financial Statements Year ending 31 December 2024
Renewal Churches Trust (A company limited by guarantee) Report and Accounts Contents Page Company Information Trustees, Report Statement of Financial Activities Balan Sheet Notes to the Accounts Independent Examinerfs Report 12
Renewal Churches Trust (A company limited by guarantee) Company Inforniation: Directors l Trustees". Mr G WTrnfield- Chair MrPHSmart Mrs J M Smart Mr M G Waller Mrs E J Waller Mrs C J Winfield Secretary". MrPHSmart Company Number 04909950 Charity Number. 1102944 Registered Offi. 5 Femhott 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 TN173HF Independent Examiner. S L Phillips 11 Chatsworth Road Lytham St Annes Lancashire FY8 2JN
Renewal Churches Trust (A company limited by guarantee) Trustees, Report for the year ended 31 December 2024 Tho Trustees present their report and accounts for the year ended 31 Decembor 2024. Structure, governance and management Renewal Churches Trust was established in 2003 as a Company limited by guarantee and a registered Charity govemed by its Memorandum and Articles of Association. Trustees are appointed by the majority of the Trustees in accordan 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 meet at appropriate intervals to administer the Charity. Trustees The Trustees who served during the year were as follows.. Mr G Winfield - Chair MrPHSmart Mrs J M Smart Mr M G Waller Mrs E J Waller Mrs C J Winfield Risk Management The TrUStS have identified the major risks which the Charity faces and consider that all necessary action has been taken to manage those risks. Objectlves and Activities The objectives of the Charity as stated in ts Memorandum and Articles of Association are to advance the Christian religion and the public urKlerstanding of the Christian lIgIOn. The Trustees have sought to pursue these obj'ectives 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 pollcy Incoming resources for the year were £56,747 (2023.. £47.758). Resources expended totalled £49,487 (2023.. £46.292). At the end of the period the Chanty had reserves of £39,238. The Trustees review Managemenl Accounts on a regular basis.
Renewal Churches Trust (A compary limited by guarantee) Achievements and Impact for Public Benefft River Church offers a range of weekly gatherings both in-person and online via Zoom, designed to provide teaching, encouragement, and practical support in Imng out the Christian faith. Our mission and vision is". "To impact ourloGal communty. region, nation, 8nd beyond with the transfom?ing love of GoleaSIng His Presence to bring refonnatft)n across every sphere ofsociety, for the glory of God, in Jesus, name, and through the power of the Holy Spiiit." Communty Gatherings This year we have continued the Friday evening gatherings have been introduced light supper 'The Well. and 'Upper Room'-t)oth designed to foster connection, worship, and prayer for one another and the wider communty. Weekly Thursday moming 'Prayer Breakfasv meetings continue to be held via Zoom and in person, specifically interceding for Tonbridge and the surrounding areas, offering another vital point of connection for many. Venues and Activities River Church rerrts Spa at Carroty Wood (Rock UK) in North Tonbridge for Sunday meetings and also rerrts facilrties at Christ Church URC Tonbridge to host the toddler group COMMA café. COMMA Cafe: Supporting Families Since 2016. COMMA has offered a wann, welcoming environment for parents, grandparents. and carer5. Held Tuesday momings during temi time (9.3(17".00), it provides a well-deserved break over tea, coffee, and cake, while children enjoy creative play. Attendan remains strong throughout the year. For details, visit www.riverchurchtonbrid FEAST: Families Eating And Sharing Together River Church partners with other local thurches and community groups through FEAST-a weekly top-up larder serving families and individuals in Tonbridge. FEAST also provides lunches and events for the local communty through the school holidays. Pete and Jeni Smart serve on the Board of FEAST and are regularty joined by other church members to volunteer at larders and lunthes. Additionally, FEAST offers meals and activities for families during school holidays. More infomiation is available at www.feast.or Flnancial Contributions The Trust continues to support charitable work both locally and intemationally, including". CharitylMini6ty Purpose Gfft Amount Roth UK Activty Centre Bursary (VT¥.rockukOrg) £500 High Hopes General Support (w¥¥W.hh-hOpes.Org) £2000 Iris Global UK Intemational Outreach (www.irisglobal.org.uk) £3000 FEAST Local Communty Support www.feasLo .uk £500
Renewal Churches Trust (A company limited by guarantee) Governance Trustees convene regularfy throughout the year to review operational and govemance matters. Monthly financial reports are distributed within 14 days of each month's end for evaluation and feedback. 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 ppare 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 reSoUrS and application of resources of the charitable company for that period. In preparing those accounts, the Tnjstees 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 concem basis unless it is inappropriate to presume that the charitable company will continue in business Small Company provisions This port has been prepared in accordance with the provision in Part 15 of the Companies Act 2006 applicable to companies subje(1 to the small companies regime. This report was approved by the Trustees on Iltr 2025 and signed on their behalf by Guy Win Directorrrrustee
Renewal Churches Trust (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2024 Unrestrirted 2024 RestrScted 2024 Totsl 2024 Total 2023 Notes Income Income from donations Donations 56.205 56,205 47,460 Income from investments Interest received 542 542 298 Total Incorne 56,747 56,747 47,758 Ex nditure Charitsble artSvltles 49.487 49.487 46,292 Bad debt Total Expenditure 49.487 49,487 46,292 Net income / (expenditure) 7,260 7,260 1,466 Totsl fvnds brought forward 31.978 31,978 30,512 Total funds carrled forward 39,238 39,238 31,978 All of the results relate to continuing activities. The notes on pages 9 to 11 form part of these financial statements.
Renewal Churches Trust (A company limited by guarantee) BALANCE SHEEf YEAR ENDING 310ECEMBER 2024 Notes Unrestricted Restricted funds funds 2024 Total 2023 Total FIXED ASSErs CURRENT ASSErs Stock Debtors Bank Cash / Cheques 40,234 187 40.421 40,234 187 40,421 32.158 177 32.335 CURRENT UABIUTIES Creditors: Falling due within l year Other CdItorS 928 255 1,183 928 255 1,183 102 255 357 NEf CURRENT ASSETS 39,238 39,238 31,978 TOTAL ASSEfs LESS CURRENT UABIUllES 39,238 39.238 31,978 NET ASSETS 39.238 39,238 31,978 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 charilable company to obtain an audit in accordance with Section 476 of the Act. The TrusteeslDirectors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with res[ to accounting records and the preparation of accounts. The TrusteeslDirectors acknowledge their responsibilities for preparing accounts which give 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 otheThvise 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 subj'ect to the small companies regime and in accordance with FRS102 SORP. Approved by the Trusteas on: 2025 Signed: Guy Win Id (Directorrrrustee) Michael Waller (Directorrrrustee)
Renewal Churches Trust (A company limrted by guarantee) NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31 DECEMBER 2024 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 fvnds are available for use at the discretion of the Trustees in fijrtherance of the general objectives of the charity. Restricted funds can only be used for specific purposes. Income All incoming reSoUrS are included in the Statement of Financial Activities when the chanty is legally entitled to the income and the amount can be quantified with reasonable accuracy. Resourcos expended Resources expended are induded in the Statement of Financial Activities on an accruals basis inclusive of any VAT which cannot be recovered. Charitable activities indude expenditure on grfts to Christian causes and church activities. Govemance costs (Accountancy & Professional Fees) include those incurred in the govemance of the charity and are primarily associated with constitutional and statutory requirements. 2. ANALYSIS OF INCOME Unrestrkted 2024 Restricted 2024 Total 2024 Total 2023 Offerings/Donations Regular Giving Stewardship Gift Aid Retums Café Comma Other 19,493 23,760 3,693 7,449 1,810 $42 56,747 19,493 23,760 3,693 7,449 1,810 542 56.747 15,432 20,920 2,789 6,172 1,952 493 47,758
Renewal Churches Trust (A company limited by guarantee) Unrestricted Restricted 2024 2024 Total 2024 Total 2023 3. ANALYSIS OF EXPENSES Gifts/Donations The Gift . Supplies Supplies / Equipment General Café Cornma Hospitality Guests Hospitality General Staff Wages (Net) Pension Contributions Employer Employer Tax / NIC Hire Hall Costs Office Storage Costs Mileage / Travel Costs Telephone Stationery Computer / Website / AV Accountancy / Bookkeeping Professional Fees Bank Charges Credit Charges Depreciation Insurance Resources / Teaching Materials Training 8,262 389 290 I,oii 365 717 28,516 1,390 2.430 2.381 660 356 170 8,262 389 290 I,oii 365 717 28,516 1.390 2,430 2,381 660 356 170 5,182 35 367 1,278 47 468 29,247 1,390 2,306 2,219 660 7SO 169 51 556 108 478 355 127 458 355 127 458 256 389 881 256 389 881 254 360 283 49.487 49,487 46,292 4. FUND MOVEMENTS Brought Forward Income Expenditure / Bad Debt Transfers Carried Fonvard Fund Unrestricted funds 31,978 56,747 49.487 39,238 Restricted funds Total 31.978 56,747 49,487 39,238 5. DEBTORSIBAD DEBT NIA io
Renewal Churches Trust (A company limrted by guarantee) 6. BANK This is the total of the current account and business premium account as at 31 December 2024. Current account £245.53 and business premium account £39,988.44. 7. CASHICHEQUES Cash not banked I retained as a float for Café Comma £187.08. 8. CREDITORS 2024 figures: £927.99 (Barclaycard) 9. OTHER CREDITORS This figure has been carried fOard since 2015 and there is no information in past accounts detailing its origin. li
Renewal Churches Trust (A company limrted by guarantee) Independent examinerfs report to the trustses of Renewal Churches Trust I report to the trustees on my examination of the accounts of the Renewal Churches Trust for the year ended 31 St Dernber 2024. Responsibilities and basis of report As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charrties Act 2011 ('the Act,). I report in respect of my examination of the Foundation's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all of the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confimi that no material matters have come to my attention in conneclion with the examination which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records," or the accounts did not comply wrth the applicable requirements conmIng the fomi and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Yrue and fairf view vh7ich is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attents'on should be drawn in this report in order to enable a proper understanding of the accounts to be reached. s p&£& S L Phillips Independent Consuftant 12