Company number. 06083509 Registered charity number: 1119508 ARISE CHURCH LTD {F(MIMERiY KNOW14 AS CAiVARYCHURCH) IA COMPANY LIMITED BY GUA8ANTEE) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 A410CCYP 25111r2021 COMPANIES HOUSE 245
ARISE CHiIRCH LTD COPITENTS OFTHE FIPIANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 P•ge Company Inforniation Report of the Director5 Report ofthe Independent Examlner Statement of Financial Activities and Income and exP1{e Puount Notes tothe ReFrtand Financial erneThts 8-11
CHARITY INFORMATION FOR THE YEAR EPIDED 31 MAROI 2021 TRUSTEES: Amston P Wade S J Baker PDHill Mrs J Mee COMPANYSE(RETARY: P Wade REG15TEAED OFF. Stallings Lane Kingswinford West Mldland5 DY6 7HS IIEGISTERED COMPANY NUMIER: REGISTERED CIIAPITY 14UMOEIL' 1119508 INOEPENDEPIT EXAMINER: TCP IGBI Group Ltd 10 The Trièn8le NG2 Business Park NOttirn NG22 IAE Barckys Bank Pk 81 High Street Stourbridge West M4dlands DY8 IEB Kwwdom 8ank RUddinOn Fields Busthess Pa Mere Way ftuddiwon Nottir*ham NGII 6JS
ARISE CHURCH LID REPORTOFTHE TRUSTEES FOR THEYEAR ENDED 31 MARCH 2021 The Trustees present theirAnnual Report and Flnancfjal Ststernentsforthe yearended 31 March 2021. Ory•nis•tlonal struc Arise Church Ltd Iformally krthn as Qfvary Churth (Kingswuifordl) is a company Wmid try 8uarantee M1 havSng a shafe CaPFtsI. operatln8 under a Memorandum and AldeS of Association. It was incorpowatcd on 5 Febnwry 2007, ctyytwy reglstration nurnber Of4)83509. The cornpany is also a registered fharty. number 1119508. G(Wernan •nd Min•4ement New directors are appointed by exlsting directt¥s. A seledk)n and retruitment process take5 place then potential board mefflbers are selerted after makinB careful ehquiry asto their glitatr1Ity and their 5UPPOrt of the objecti¥es of thetrusi. The board to have abroad ranee of ski115 represente4 in particular experttse in Chri5ti•n doctrine, fiTraTh and chartty law. The Board of Directors tyrrentty comprises 5 members who meet bthI¥. The dders and management team are normally presentto infomi the meetings. Deciyonsaretaken bythe board. eitheratrneetiwtgs orby otherformsofcommunication. The board has delewed authority tothe elders and management teèm. within terrnsof delegation approved by the truslees. for operational matters of ihe Obledlve5 and act1¥ The printiple objerts of the company are= to advan the Christran fafjth asa dwrth In felltywshsp wlth AssemNies of God in Great Britain and Sn accordance with the Statement of Faith: to ielle4fe (knesS and fnCIal hardslmp: and to advan education. The trustees and elder5 tolow a prinaple obiectfve of the prlaMatiOn of the Gospel of Jesus Christ. and In addition provide facillty for people to meet to worship and prai God. to stsnd alonEdÈ peoplÈ as they grow as Individual Christians. and to eour?e fellowship. The churth offers a safe and welcoming environment"where people can come for help supporL By upholdlng rlghteous values and beliefs. it is the In. COncli0 that a Positi iryact into the community can be athieved for the 8crf)d of ?11. The maln activities have been.. Church meetlngs Fangingfrom Sunday fflorningworsNp and cornmunlon serbices togospel and e¥angeltstt¢ servrces. often wr(h visiting speaker5 frorn a wlde range of ChriAian organIOn& In addf(ion to that weddings. adult baptism and baby deditationstske pla. Ouraim is to provide for the whole trdmity. The work amonK5t the chÉldren and ¥th continued. tOCU5s1 on eVaell5 thrr#Jth outreath initiati¥e5 and splrituèl development. The buildlng is also used by a numbtr of groups duffithe whD invtte fr¥tnd5. famlly and thegerral publlcto thelr a¢ti¥fties. Pubk BefiÈfft TheTrusteeshabconStdedttIs bwlierin O)nfvn¢tlonwithtYthre¢ont•rd inthechwity Cornrni55ion'sBuTrdanceon public benefft. and ha Concluded that the aims continue to be tharitable. that the and aciivities give Ktentifiable beneffts to the cbaritsble sector. that the beneffts are forthe public and not unreasonabty re5tri(trd in any way. and that there is no detrirnent or harni arising from theaims or acti%rytses. This year sees the 5 ye•r of our leadership transition. The expetts Say that it take$ 7 years to successfully transition between leadershlps, so we are still ¥ery much in the middle ofthat Pr Thethurth continuesto respond wem to changes and there isa general sense thatwe are all in the same dTrTedn.
ARISE CHURCH LTD REK)RT OF THE TRiNEES. continued FOR THE YEAR ENDED 31 MAROI 2021 The main achievementsfor thi5 year arr. 11 Navigatlng ihe organssatlon successfulty through the covid-19 pandemiL UblIThg furltyjgh scheme has also meant that we have been able to Ixlrrf stability to theor8ani5atitin through a very uncertain perd and avofjded hathng to make redundancies. 21 Wrth the launth ofthe SNneComrnunity Project at the end ofthe last FY we to support, help, champion and recoenise people inourcommunity. WeaTr50 saw a great respon5elromthe people in our local communrty who have given around £5,(100 to the Shine Community Project. In January 2021. after recognis¢ne the impact that the Shine Community Project ha5 had. we decided to launth Shine Foundatfjon and rnake it a permanent element of our organisation. 3) As the pandemlc rolled on and the restridlon5 lasted a tot longer than we first anticipated. the nEed for an onllne presence became tmcial. In January 2021 we imited wple to Ee fintialty into Visioft 2021., one of the elements ol whKh wa5 to upgrade ourequiprnent to en•ble usto have• nre sustainable. her qualrty online presence. Fimncial review and reseThes The total net income for the year amounted to £60.9581202tr. inwne £23.4051. Thts was enhanced by the receipt of the job retention Scheme erants received durinB the year of £30,774. The accurnulated unrestrtrted general funds carried forward amount to £184,139 12020: E126,1681 and £263.671 12020: £272,INI in the re assets fd. The restricted fund carried fowward is £192.4051202tr. £181.1)85). The vast malority ofthefinanos wuired to fund the a¢tieS a raised through regular giving and one off donattons from church members. NIlemented by the refund ol incometax Irom HM Reut & Customs throught Gift Aid stheme. The pwtrschoDI Is fitnded to a large degree by local authority grant. ReseT¥e5 polkv The policy agreed by the trust is to aim to Iw)Id in unrestrKied reserve5 not tommitted or invest•J in tangiblt flxed asset5 Ithe 'free' re5er¥es1 sullkient io cover the general overhead expenses and salory tosts not specific•lty funded by external agencies or able to be covered by other committed income such a5 rents. for a period of six months. At this level, the tTU5tees feel that they would beable to continuetheturrent activities of the tharityin the event of asignificant drop in funding. Itv1 then be necessary to tS1der how the fvnding would be replaced or attt¥Thtres than8ed. At 31 Marth 2021 free ser¥e5 amotsnt to £70.277 representlng 3S fiNths expenditure. The trvstees a consideriniaysto inuease fvnds available. Restricted reserves are di5rlosed in nole 12 11 Complete a full Ii)Mallatiffi of equipment for onlinestreami1 capabilitie5from the church builrtinB. 21 Continue to partner wlth outside or8anisation5 thro the Shine Foundation. in order to maxlmi5ethe socval impac( as we respond to the needs of the afea. 31 Employ a youth lthid to fill th2 current ¥acarKy and deloP our v(ttrth team toddirtop dass youth provision in our area.
ARISE CHURCH LTD REPORTOF ThE TrtisrEES-¢¢>ntinI FOR THE YEAR ÉNDED 31 MARCH 2021 Risk policy and re¥l The tN5tees review rlsk perftsditalty. and sati5fJed that major risk5 to which the tharity 15 exposed. are adequatety m6t(8ated through Insurance. strategic plannin& poHclesarMI wttedures. During the year £31.44412020: £28.9551 wa5 given to other Chrisiian Charitk. evangelists. missionarbes and mbssion organisatlons who help us fvlfil our CTIlati1e aimsand otyertives thmugh the work they do in other areas of the c¢wntry and WOTkl. Trusttt5 The trustees hoklin8 offite dUrithe whole year unless0t1mSe 5tattd twea5 follows: AJ Asion Pjwade SJ Baker PDHill Mr5J Mee Trusteerf Tesponthilltlesln relation to the financial slaternents Company law requIS the trustees to prepare financial statements for eath finantial year whlch gfj¥e è true and falr vtew of the state of affairs of the tompany and incomuvd restyjrtes and applKation of resources. includtng the net bcome or expendtture forthe year. In preparing thosefinantial statements. the trustees are required to: selert suitable accountin8 po1Th5and then apptythem asten. make judgments and estrmates that are reasonable and prudent: state whether •ppli(able aCctyJDti standa$ and ststtynents of ie¢ommended prnctict been followed subject to any departures disclosed and explained in the financkil statements; and prepare the ffinan¢ial statements on the going concern basis unless it is irwppwowlate to presume ihat the tharlty will continue in busine Thetrusteesare responsibtefor keepinB properaccountir¥ re(ord5¥thichdisclose with reasOnabatcaatanytlffl2thenJnclal posttion of the charity and enae them toensure that the finarscial statements cornplywith the CompaniesAct 2006. They are also responsible for safeguarding the assets of the dMTrty and hentr for takw¥ rea50nabte sleps for the pfevention and detertion of fraud and other iffe8ularilies. Appro¥ed bythe board on 305eptember 2021 and siarod on its behalf Trustee
Independent Examinerfs Report to the laemkn of Arise Chur¢h Ltd l Teport to the dmiity trustees on myexamination of the accounts of compènyfortht yearernled 31 March 2021 whlch are set owt on page$ 6 to 11. As the tharlty tNstees of the company land aE50 bts direct$ for purFhJses of company lawl you are responsible for the preparatlDn of the accounts In accordance with the requIrnents of the COMleS Ad 2006. Havln8 satlsfied myself that the accounts of the company are Mt required to be authted under Part 16 of the 2006 Act and are ellbleftIr independent examinatton, I report in respectof rnye¥amtnation of yourcompansaccountsas carrleil out under section 145 ofthe Chariiies Art 2011. In Carrying oth my examination I have foilo*d the Direclion58i¥en bythe Charity Cornmi5sion under settion 14515llbl of the 2011 ACL Since the compan$ gro55 income exceeded £250,Cl yourexaminer Thust be a rnember of a bodyli5ted in sertion 145 of the 2011 ACL I confimi thot l am qualified to undertake the examination bKause l arn a member of Institute of Chartered Accountants In Endland and Wales IICAEWI, whlth is one of the tisted bodie I have completed my examlnatlon. l conflrm that no matters ha¥t come to rny attentlon in connectson wh the examirthlon givlng me cause to believe that in any material respect: accountin8 records were not kept in respect of the corywny as requtred by section 386 of the 20( Art: or the accounts do not accord with those records.. or the accounts do not compty with the attounting requiremtsnts of section 396 of the 21))6Act other Ihan any requirernent that the a¢¢ounts gt¥e a'true and fatr whith 1$ not a matter¢onsidered as part of an independent examInatn. or the accounts have not been prepared in accordjnce with the methods and principles of the 5tstement of Recommended Prxiice for accovntin8 and reporting by tharitie5. I have no ¢onwnsand ha¥e come across no other mattefs In COnnlon with the examin•tionto whith attentlon should be drawn lft thls report In order to enable a proper vnderstsndrt Oft accourrts to be reathed. tcp Igbl 8f0UP Itd 10 the triangle ng2 bv5ines$ park nottingham NG2 IAE Date: 30 September 2021
AIIISE CHURCH LTD INCOME AND EXPENI)tniRE ACCOUI FOR THE YEAR ENDED 31 MAR(112021 Tolal Funds 2021 Funds 2021 Funds 2020 In¢orne Donatlons and grants 265.446 18.642 284.088 277.836 Iorne from charitsble activrt . Advancement of Christianity Cafvary Pre-school Investment income Activities for generdtin8 funds 6.956 7.599 10.349 28.309 302 1.970 201 135 204 135 Tolal Income ?5628 25598 29L026 318.766 Cost of raislnE funds Expendituie on thèritable activities Advancement of Christianrtv Calvary PrSChOol 7.429 215.470 14.278 229.748 237,248 49.364 1.320 1?20 1.320 Tolal expenditure 216.790 14278 2JL068 295.361 Net {•Mp•mlilur•Vlnc¢N 49.638 11.320 60.958 23.405 Transfers between lunds let movement in lund5forthty 49W8 Iwo 60.958 2a.405 RetOAdlhtiov• ollunds Total funds broughtfonvard 398.172 1.085 579.257 55S,852 Total fundsfaniedfornard 447J 192A05 640.215 579.257 All income and expenditure dEfb¥ed from continuln8 arti¥It The 5tatemert of fin¢[al acti¥ldes kncludes all ga$ and losses reco¥nised duringthe year. The note5form p•rt of thesefiftancial statements
ARISE OIIIRQI LTD FOR THEYEAR ENDED 31 MARCH 2021 2¢)21 20ZO FIXED ASSFrs Tangible assets 263,671 272.004 aIRREr ASS5 Debto Cash at bank and in hand io 18,918 361.136 380,054 10,499 301.299 311.798 UIEDITORS: amounts falllbvd due wrthln oneyear li I3.5) 14.5451 NET CURREiifASSETS a76.544 307253 640.1 579.257 ThE FU14DSOF ThECHARriY Unrestricted Restricted 447,810 192,405 398,172 181,085 640.215 579257 For the year ending 31 Marth 2021 the cornpany T$ entled to exemptitsn from audit under sertion 477 of the Companies Art 2006 relatin8 to small companies butas thi5companyis a tharity. it 1$ 5ubiecito audii under thecharities Act 2011. Oiredor< respon5ibilities= The members ha* noi required the ¢tynny to obtsin an audii of its t0ts forthe year In question In accordCe wlth section 476: The dlrectors a¢knowiedge their resporoib116ty.es for complyir¥ wbth thÈ teguirements of the Aet twbth respErt to accountin8 records and the preparatiDti of accounts. Approbtd bythe Board on 305eptember J121 and siffned OD Its behalfby AndRwAslon Tru51et The note5 lorni part of these finan¢fjal statements
ARISE CIKIROI LTD NOIES TOTHE FINANCIAL ATEME1[S FOR THE YEAR ENDED 31 MAROI 2021 Actounting Polkles The financial statements ha% been prepared in accrydaKe tith Actountry al RepDrtinB lry Charrt4e5: Statement of Retommended Prarttceapplicableto tharilies wepariF¢ their accounts in acwrdance with the Flnancial Reportln8 Standard for Smaller Entities published on 16Jufy 2014. the finalat RewtirwA Stsndard for Smallw Entfts{effectlve Aprfl 20151. and the CcthpanÉes Act 2006. •) At¢ounllni ¢on¥entSon The ffinancial statements are prepared underthe histowical cost Con¥tion. and on • eolng ¢oncem basl&' bl Intome reciy Income is reco8nised in the period to which li relates. The ue of See$ pr(wided byvolunteew5 ha5 not been Included on the basls that the value nn0t reasonabty be quantrfled. ¢) Expendilure Expendiiuwe is arcounted for asit berome5the and has been allocated toartfvliles on a basis consistent with the wse of resource5. d) Tangible fixed assets Tangible fixed assets are stated in the balaKe SW atttfjracquisition cost less accumulated deweciation. Depreciation is provided on all tangiblefued assetswith the ex£eptton of frethold laThl. to write off the cost le55 estimated residualvalue of eath assets over its expected usefvl lrfe as follow& Freehold prowty Heating 5YStem Furnlture aNI equipmert Computer equipment betweeft 1% and IOX on rethciry balance IO% on reduttnz balance IO% on redurin8 balance 25% on reducing balance el Taxlon The activities of the rompany areexernptfrom corporation net incominB resoijrces. Pension costs The company operate5 a defined contritwrtion pension Sche. Contrilxrtions payable forthe year are dwr8ed to the Statement of Fhmncial Acti¥ities in the permjd to which tly relate. F¥nds Unrestrlrted funds are alablet0 be vsed for purposes withirtthe objects of the charityat the dlscretlon of the trustees. Reslrlcted fvnds can only be used for speofK restrirted purwses within the oblerts of the dwrlty. The restriciion5 are specified by the donor or when lunds are raisedfor particular reslricted puT$e5. Total Fund5 2021 Total Funds 2020 Fvnd5 D¢n•t#>ns •nd yants 20 rthes•nd offerlY*s GiftAid tsx Grnnts Job Retention Sthefne grnnt 191.919 42.753 10,(K12 1,560 201.921 44.313 230.316 47.520 30.774 30.774 18.642 2WO88 277.836
ARLSE CHURCH LTD NOTESTOThE FINANaAL STATEMEtirs-contlnued FOR THE ITAR ENDEO 31 MARCH 2021 Totsl Total FuThds 2020 . Funds •) Advancement of Chiistianity Chihjren's activities Youth activilies FIrish Women's Shine Other 130 130 8,145 730 1.374 Irj) 6.186 643 743 6.956 7599 10.349 bl C•l¥ary Ple5dl Gnnts and grlts Fees Other 28.309 28,309 Totsl Funds Total Funds 2020 Fwds Fuhd$ Expendit oft tharilabl• ¥dl¥itles •) AdvwKernert otchrfstianity Ministry Outreach Children'5 aclivtties Youth arti¥ities Flourish Shine other 24.119 2,753 24,119 2.753 630 1.649 20 6.058 loo 25.559 12.626 3.182 11.236 556 629 20 6.058 35329 53,159 Suppvrt Costs stsff costs Building and infR5trurtur¢ oirice expenses Depreclation 157.070 157.070 15,714 13.302 &333 145.224 15,878 13.860 9.127 13.302 8.333 187339 194A19 184.089 Tot•1 AdHn(em•rrt Dlthistwn 5A70 14278 229.741 237.248 b) C•lvary Pr¢5dJoul Staff costs Teachir¢ and play actithty costs Office expenses 48.265 49.364 2021 2020 Professional fees 20 1,320
ARSE CHURCH LTD FOR THE YEAR ENDED 31 hlARCH 2021 2021 Wages arieS Social security costs Pension rosts 149.026 4.017 178.645 6.396 2.447 155A49 187.188 The average full tirne equivalent numbw oferyknes as follows: Management Administration and support Transaclionswith nkted partte5 Remuneration and Inefi5 Trustees A Aston 37.230 36.625 36.625 R A Baker JDMee S f Astoii 10.957 10.471 8.405 10,778 &062 7,585 29A33 26,425 Trustees and connected persons were rewnbur5ed motor. trabtllin¥ and othu experbse5 tolaling £NIL12020 £1.8301. The Memorandum of Association alh)w5 for the payment of remunerntion to trusiees as k¥w4 a5 the number recel¥Ong remuneration is not the rnajority. Mrt lexpenditiffeifinc4>me The net income is stated after Cn. Independent Eyaminers rernwerati¢)n: Depreciation 13ZD 8333 1.320 9.127 Furnlture * Computer equlpment Tot41 At l Aprll 2020 Addltions At 31 March 2021 233.344 55.107 94.670 6.392 389.513 233.344 55.107 94.670 6,392 389.51a Depreciation At l April 20x1 CharBe for year At 31 March 2021 26.991 L671 28.662 25,821 2.929 28.750 58.945 3.573 6318 5.752 160 5,912 117.509 8.333 125 Netbookv4lu• At 31 March 2021 26.J57 263.671 At 31 March 2020 206.353 29.286 35.725 Z7Z.004 io
ARLSE CHURCH LTD NOTES TO THE FINANaAL sfATEMENTS. continued FOR THE YEAR ENDED 31 MARCH 2021 10. D•btor5 2021 2020 Debtors Prepayments 18.918 10.499 14918 10.499 11. Qed•ti)ts: amounts fal¢ duttlthin I¥ar 20Zi 2020 Trnde and other credltors Social security and other tsx ArUed expense5 270 1.068 2.172 6rJJ 2.167 1,778 3.510 4,545 l Apra 31 Mar¢h 20 12. Funds •) Un$¢I1ed Fixed assets General 272.(X)4 126.168 18.3331 8,333 263.671 139 266.428 1216,790) T•)t•l unrit lunds 398.172 266.428 1216.7901 447AIO bl Aeslri¢tsd UK Ministrie5 Over5e3s Ministries Church planting Youth Dudlry MBC. Preschool Grants 6.833 16.178) 511 123.045) 24426 4.135 136.722) 123.0451 232.971 11.555 11.0201 136.7221 {7.(} Total restrirt•d funds 181.LW5 25.598 114,2781 192A05 IS. Analy%5 of net a55ets arross fund5 Gthv•l F•JThd$ Funds FyThds Flxed assets Cash at t)ank Other eurrent assets Current liatHlitre5 263,671 263.671 36LI3fj 18.918 135101 169,236 18,413 13.510) 1.9 505 Total F¢ 31 M•ffh 2021 640a li