Company number: 06083509 Re8lstered charity number: 1119S08 ARISE CHURCH LTD (FORMERLY KNOWN AS CALVARY CHURCH) IA COMPANY UMITED BY GUARANTEEI REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 0410112023 COMPANIES HOUSE
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ARISE CHURCH LTD CONTENTS OF THE FINANCIAL5TATEMEf4TS FOR THE YEAR ENDED 31 MARCH 2022 Company Inforniation Report of the Oirectors Report of the Independent Eyaminer Statement of Financial Actiwties and Income and expenditure Account Balance Sheet Notes to the Report and Financial Ststements 8-11
ARISE CHURCH LTD CHARITY INFORMATION FOR THE YEAR ENDED 31 RCH 2022 TRUSTEES: A Aston P Wade SJ Baker PDHill Mrsj Mee COMPANY SECIIEfARY: P Wade REGISTERED OFFICE: Stallings Lane Kingswnford West Midlands DY6 7HS REGISYERED COMPANY NUMBER: (W83509 REGISTERED CHARITY NUMBEL li508 INDEPENDENT EXAMINER: TCP IGBI Group Ltd IOThe TrianglÈ NG2 Business Park Nottin8ham NG22 IAE BANKER5: 8arclays Bank PIC 81 High Street Stourbrid8e West Midlands DY8 IEB n8dom Bank Ruddington Fields 8usine55 Park Mere Way Ruddington Nottingham NGII 6JS
ARISE CHURCH LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 20Z2 The Trustees present thelrAnnual Report and Financial Statements forthe year ended 31 Marth 202Z. Organlsational structure Arise Church Ltd Iformalty k1 as Calvary Church {Kin8swinfordl) is • mpanY limited by guarantee not having a share caprtal. operating undèr a Memorandum and Artides of A5s0cTration. It was incorporated on 5 February 27. company reeistratlon number 06083S09. The company is also a registered charity. number 111950& G¥)vernance and Mana8ement The board of directOf5 (trustees) currently comprises 5 members. New directors (trustees) are appointed by the existing dlrectors. A selection and recTUltment process takes plate when potential board mèmbers are selÈcted after making careful enquiry as to their suitability and support of the objectives of the organisation. The trustee's objertive is to have a broad range of skills rèpresented, in particular- business & operational management, finance. and charity law. The trustee5 meet bi-monthly. Decisions are taken by the board at meetbw and formally re¢orded in minutes of meetlngs. The Senior Leadership Team ISLT), who have resport5ibility for the spiritual. paxoral and dottrinal oversight of the organlsatlon, routinely meet with trustees to inform them of direction, Vision and I<xu5. The t*)ard has deleBated authority to thè SLT, wfthin the terms of delegation approved by the trustees. for routine operational matters of the organisation. Oblectfve5 and artl¥tties The principle Objects of the company are.. to advan¢e the Christian faith as a church in fellowship with Assemblles of God in Great Britain and In accordarKe with the Statement of Faith; to relie¥e sickness and finantial hardship: and to advance educatlon. The trustees and elders follow a prtnciple objertive of the proclamati( of the Gospel of Jesus Christ. and in additipn provide facility for people to meet to Worship and praise God. to stsnd alryybde people as they grow as Indivi¥1 Christians. and to encourage fellowship. The chvrch offers a safe and wekomlng environment where people can come for help and support. By upholdin8 righteous value5 and beliets. it is the trustees. conwction that a p05rtive impart into the community can be achieved forthe good of all. The main actlvities have beèn.. Church meetin85 ranwng from Sunday morning worship and communion seryices to gospèl and evangelistit sèrvlces, often with vislting speakers from a wide range of Christian or8anisation& In addition to that weddings, adult baptism and bY dedications tske place. Our aim is to provide for the whole family. The work amon8St the children and youth contifiued, focus5in8 on elangelism throu8h outreach inltiative5 and spiritual development. The buildin8 15 a150 used by a nuthr of 8roups durin8 the week, who invite friends, farnify and the general public to their activities. Publk 8enefft TheTrustees haveconsidèred this matter in conjunction withtheturdance contained in theCharityCornmission'5guidanceon public benefit, and have ton¢luded that the aim5 continue to be tharitable. that the aims and artiV4tie5 8rve identifiable benefits to the charitable sertor, that the benefits are for the public and not unreasonably $tritted in any way, and that there is no detriment or harm arisi from the aims ¢x activlties.
ARISE CHURCH LTD REPORT OF THE TRUSTEES- continued FOR THE YEAR ENDED 31 MARCH 2022 Aehlevements and perfomiance This year is the 6th year of our repurposin8 as a church after the leadership transifion in 2016. The churth is re5pondin8 well to the changes that both the leadership transition and Covid-19 pandemic have brov8ht to the table and we continue to move forward together The main achievements fly this year are.. 11 In Summer 2021 we tomplete a largt in5tollation of AV equipment that would facilitste online streaming from the thurth building 21 Shine Foundation has continued IV5 8reat work in the local area. partnerin8with lotal GP surgeries. supermarkets, Hospitals and MO to offer support and respond tothe needs a5 they present themselves. 31 In SummerlAutumn 2021 we a(fvertised. interviewed and recrutted an indivKlual to fill the role of Youth Lead. This will help us to deliver yovth provision in our area. 41 Continving to operate Successful and within the btwnLlariesof our misgon and vision in the midst of a global pandemic. "Flnanclal revlew and reseNes The total net defiot for the year amounted to £39.4(202I'. net income £60.9581. This was rnainly dye to the decrease in 8ift5 and donations a5 3 result of the effects of the pandemiL The attumulated unrestricted general funds carried forward amount t £134,75312021.' £184.1391 and £256.04712021.. £263.6711 in the fixed assets fund. The restritted fund tarried forward is £210,015 12021.. £192,405). The vast majorily of the finances required to fund the aCtIe$ are raised through regular grving and one off donations from thurch members. supplemented bythe refund of inc¢)me tax from HM Revenue & Custom5 thrOh the Gift Aid scheme. Reser¥es pollcv The policy agreed by the trustees is to aim to in unrestricted reserves not committed or invested in tan8ible fixed assÈts (thè 'free' reserves) sufficient to cover the 8enerdl overhead expenses and salary costs not specifically funded by external agencies or able to be covered by other committed income such as rents. for a peri¢xl of six months. Al this level, the trUse$ feel that they would be able to continue the Cufrent activities of the charityin the eventof a significant drop in funding. Itwould then be necessary to consider how the funding would be plaCed or actiwties thaneed. At 31 Marth 2022 free reserves amount to £70,277 representin8 3.9 months expenditure. The trustees are considering ways to increase funds available. Restrtcted reserves are disclosed in note 12b. Future de¥ek)prnents 11 Rtrstart our overseas missions work in Bosnia and Hefzegthtyna 21 Focus on Leadership Developmentthrough small groups 31 Continue to inuease ald improve our online prts•KÈ no we have the capabilities after the install Risk policy and review The trustees review risk perit)dicalty, and are sat15fied that maiDf ri5k5 to which the charity 15 exposed, ¥e adequately mitigated throu8h insurance, strategic plaThnin& poliues and pr¢xedures.
AR15E CHURCH LTD REPORT OF THE TRU5fEES- contlnued FOR THE YEAR ENDED 31 MARCH 2022 Donatlons Durin8 the year £31,44412021: £28.9551 was given to other Cthristian charities. evangelists. MISSn3r1e$ and mi$5ion organisations who help us fulfil our charitable aim5 and objectib*through the work they do in othef areas of the country and world. Tru5tses The trustees holdlng office duringthe whde year unle55 Otherwise ststed were as follows: AJ Aston Pjwade S J 8aker PDHill MT5J Mee Truste•i' responsibilities in rekntion to the financial statèm Company law requires the trustees to wepare financlal stateMts for each financial year which give a true and fair view of the state of affatrs of the company and the incoming resources and application of re%)urtes. Including the net income or expenditure for the year. In preparing those financial statements. the trustees are required to: select suitable accounting poltcies and then apply them consistently; make judgments and estimate5 that are reasonable and prudent: State whether applicable accounting stsndards and statements of re¢ornmended pratti¢e have been followed suble¢t to any departures disclosed and explained in the financial statements- and prepare the financial statements on the 8oin8 concern basis unless it 15 inapproprlate to presume that the charity will ¢ontlnue in business. The trusteesareresponsible forkeeping properaccounting records whlch dlsdose with reasonable accuraLI * any time thefinancial position of the charity and enable them to ensure that the finanoal statements cornply with the Companies Art 2006. They are also responsible for safeguarding the assets of the chafity and hence lor taking reasonable steps for the prevention and detertion of fraud and other irregularitses. Approved by the board on 29 N0mber 2022 and signed i)n its behalf bv Andrew Asion Trustee
114DEPENDEiif EXAMINERS. REPORT TO THE MEMBERS OF AAISE CHURCH LTD I report tothe charlty trustees on my examination of the accounts of the company forthe year erKled 31 March 2022 whtch are Set out on pages 6 to 11. Responsibllilies and basls ol report As the tharlty trustees of the company land a150 its directors for thè purpose5 of wmpany lawl you are responsible for the preparation of the accounts in accordance with the requtrements of the Companies Art 2C(J6. aving satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 26 Act and are eli8ible for independent examination. I report in respect of my examination of your compan¢s accountsas tarried out undersection 145 of the Charitie5 Art ZOII. In carrying out my examination I have followed the Dirertion5 8lven by the Charity Commrssion under section 1451Sllbl of the 2011 Act. Ind•p•ndent examlner'5 5tat•ffl•nt Since the companvs gross income exceeded £250.IKKI your examiner must be a rn*mber of a body listed in sectio¥n 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of InstttLrte of Chartered Accountants in En8land and Wale5 IICAEWI. whKh is one of the listed Ix)dies. have completed my examination. I confirm that no matters ha¥t come to my attention In connert40n with the e¥amtnation giving me cause to believe that in any material respect: accountin8 record5 were not kept in re5pert of the company as required by settion 386 of the 2( Act; or the accounts do not accord with those records; OT the accounts do not cownply with the Kcountin8 requirements of 5ertion 396 ofthe 2006Art other than any requir•nent that the accounts give a'true and fairvie7rf whith 15 not a matter considered as part of an independent exarninatton.. or the accoun15 have not been prepared in Kcordance with the methcrfjs and principle5 of the Ststement of Recommended PractSce foi accourbting and reporting by charrties. I have no con¢erns and have CDme acr055 no other matters in connerti) with the examination to which attention should be drawn in ihis report in Order to enable a proper understanding of the accountsto be r&ithed. tcp Igbl group Itd 10 the trian8le n82 business park nottingham NG2 IAE 29 November 2022
ARISE CHUACH LTD srATEMENf OF FINANaAL ACTivmES INCOME AND EXPENDITURE ACCCKINT FOR THE YEAR ENDED 31 MARCH 2022 Total Funds 2022 Total Funds 20ZI Fwids Funds Income Donations and grants 201337 15.412 217.749 284.088 IrKome from charitable activities= Advancement of Christianity Investment income Attivities for 8eneratinÉ funds 8.554 1.275 2.247 10,801 1,275 7.599 204 135 Tolal Sncom• 211166 17.659 Z29025 292.026 Expondlture Cost of raising funds Expenditure on charitsble actitIeS Advancement of Christianity Governance costs 267.796 1,380 49 267,845 1,380 229.748 1,320 Total empendlture 269.176 269225 231A Plet lexpenditsre)Ilncome 157.010) 17.610 139.41001 60.958 Transfers between funds Net mo¥emènt in lunds forthe year (s710) 17ffi10 139000 60,958 Re¢on¢ill•tlon of fvnds Total funds brought foTh¥ard 447.810 192.405 640.215 579,257 Totsl funds urrled forward 210,015 600J15 640,215 All inc¢)me and èxpenditure derived frorn continuing activitie& The statement ot finanoal activities indudes 3518alns and losses reco8r¥sed durin8 the year. The notes fom) part ofthese financlal statements
ARISE CHURCH LTD FOR THE YEAR ENDED 31 MARCH 2012 2022 2021 FIXED ASSETS Tanghble assets 256,047 263,671 CURRErif ASSETS Debtors Cash at bank and in hand io 11.308 338.626 349.934 18.918 361,136 380,054 CREDITOR&" amnts falllng due wlthln one year li 15.1661 13.5101 NETCUftRENT ASSETS 344,768 376.$44 TOTALASSEfs LESS UABIUTIES 600,B15 640,215 THE FUNDS OFTHE CHARITY Urbrestricted RestrKted 390,800 210,015 447.810 192,405 600.815 640,215 For the year ending 31 March 2022 the company was entitled to exemptK)n frcrfn audit under sertion 477 of the Companies Act 26 relating to Jnall compani trKrt a* thtJV companyis a charity. it is subjert to oudit under the Charltle• 2011, Directors. responsibillties- The members have required the company to Obta an audit of its accourtts for the year in question In accordan with sertion 476: The dirertors acknowledge their rèsponsibilities for Complyi with the requirements of thÈ kt with respert to accounting records and the preparation of ¥counts. Approved by Board on 29 Novenknr 2022 and signed on its behalf by AndrewAston Trnstee The notes form part of these financial statements
ARISE CHUR<>I LTD NOTES TO THE FINANCIAL STATEMEPnS FOR THE YEAR ENDED 31 MARCH 2022 L A¢¢ountin8 Polkies The financial rtotements have been prepared in accordan¢e with A¢ntIng and Reportin8 by Charllles: Statement of Recommended Prartice applicable to charities preparingtheir accounts in accordance with tht Financial Reportin8 Standard for Smaller Entities published on 16 July 2014. the Financial Reporting Standard for Smaller Entities leffertI April 20151, and the Companies Act 26. a) A¢In18 con¥entloTh The financial statements are Prepared underthe historical cost convention. and on a concem basis. bl In¢ome recoBnttitin Income is recognised in the period to which it relate& The value of 5er¥ices provided by volunteers has not been included on the basis that the value Cannot reasonably be quantifd. c} Expendli¥re Expeftditure is attounted for as it become5 due and ha5 been allocated t¢ actNities on a basis ¢¢)nsistÈnt with the usè of fesourtes. d} TanglblE flx•d assets Tangible fixed asset5 are stated in the balance sheet at their acquisitson cost tess atcumulated depreclatlon. Depredatlon is provtded on all tangible red assets with the exceptk)n of freehold land, to wrlte off the cost less estimated residual value of each assets over tts experted useful lrfè aslollow5'. Freehold property Heatin8 System Furniture and equipment Computer equipment between 1% and IO% on reducin8 balance IO% on reducing balan IO% on reducing balance 25% on reducin8 balance e) Taxation The actwities of the company are exempt from torporation lax on the net incomin8 re50uros. fj Penslon ¢osts The company operates a defined tontribution ponsion 5theme. contribun$ payable for the year are ¢har8ed to the Stement ¢*f Financial Attivitits In the period to which they relate. Funds Unrestrlrted fvnds are available to be used for purpose5 within the obiert5 of the charity at the discretion of the trustees. Restrrrted funds can only be used for 5perfK restrirted PUfPQSes withrn the objerts of the charity. The restrirtions are specified by the donor or when fvnds are raised for partiarlar restrirted purpose5. Total Fd5 2022 Total Funds 2021 Funds 2022 Funds Donatlons 8rnnts Trthes and offerin8S Gift Aid ta¥ Grants lob Retention Stheme grant 161.188 37.529 9.986 1.307 4.119 171.174 38.836 4.119 3,620 201.921 44,313 7.080 30,774 3.620 202337 15,412 217.749 284,088
ARISE CHURCH LTD NOTES TO THE FIP4ANaAL STATEMENTS-(onlinued FOR THE YEAR ENDED 31 MARCH 2022 Tot•1 Funds 20ZZ Totsl Fuftos 2011 Funds 2022 Funds ome from thaTftable acll¥ltles: Ad¥arycement ofchristiafiity Arise kids aftd mothers and youth Youth actfvities Flourish Worship team Shine Non governmtnt 8rants Other 1.053 1.053 915 915 130 3.696 3,6% 1.332 2,920 L332 6,186 2.920 743 iJ54 10,801 7,599 Unrestrklod Restrkt•d Funds Funds Total Funds 2022 Total Funds 2021 Expendtture on tharltable artlvltles Advancement ol Chrlstlanlty tlirert costs Ministry Outreach Children's activities Youth activit5 . Fh)urish Shlne Vision 2021 Other 25.530 13,878 1.267 1.128 25.$30 13,878 1,267 1.128 24,119 2,753 630 1,649 20 6,058 41,327 41,327 Ic 83.130 35,329 Support Costs Staff costs Building and infrastructure Office expenses Depreciation 142,893 21532 12,617 7,624 142.893 21,532 12,666 7.624 157,070 15,714 13,302 8.333 49 184.715 194.419 ToLIl Advancemert ofChri#ianity 49 267,845 Z29,748 GoTArnance u¥sts 2022 2011 Professlonal fees 1.380 1,320
ARISE CHURCH LTD NOTES TO THE RNANCIAL STATEMENTS. continued FOR THE YEAR ENDED 31 MARCH 2022 Staff costs 2021 Wages and salaries Social security costs Pension costs 136,167 3,132 2,175 149,026 4,017 2,406 141074 155,449 The avera8e full time equrrtlent numberof enyloyees was as follows.. 2022 2021 Management Administratlon and support Transartlongwhh rehted panles Remuneration and benefft5 TrnstÈ•s A Aston 2022 2021 37,603 37.230 37.603 37.230 Connerted persons R A Baker JDMee S E Aston 11,066 12,730 8,222 10,957 10.471 8,405 32,018 29,833 Trustees and conne¢ted persons were reimbursed motor. trallIng and other expenses totsling £16212021 £NILI. The Memorandum of Associati allows for the payment of remuneratlon to trustees as lon8 as the number receiving remuneration is not the majority. Nvt le¥penditureWwKome 2022 2021 The net income is stated after charBing= Independent Examiners remuneration- Depreciation 1,320 8,333 7.624 Tanglble thed assets Furnitiwe and Computer equlpment equlpment and At l April 2021 Additions At 31 March 2022 233.344 55,107 94.670 6,392 389.513 233,344 55,107 94.670 6.392 389,513 Depreriation At l April 2021 Charge for year At 31 March 2022 28.662 1.652 30,314 28.750 2.636 31,386 62.518 3.216 65.734 5.912 120 6,032 125 7.624 133,466 Net boolK value At 31 March 2022 203.030 23.ni 28.936 360 256.047 At 31 March 2021 26.357 31152 263.671 io
ARISE CHURCH LTD NOTES TO THE FINANaALSTATEMENTS. contknued FOR THE YEAR ENDED 31 MARCH 2022 Dtbto¥s Z022 2021 Debtors Prepayments 11,308 18.918 11.308 18,918 IL Qedltors: amountslaHlni duo withln on• Or 2022 Trade and other creditors 5otial security and othertax Ac¢rued expenses 1.381 I28 1.957 270 2,172 5,166 3,510 iAp 2021 Incomk 31 March 2022 IL Funds Transfevs •) lknrestrirted Fixed as$ General 263,671 184.139 17,6241 7,624 256.047 134,753 211166 1269.1761 Totsl unffjstrlrted funds 447.810 212,166 1269.1761 390.800 bl Restrlctod UK Ministrie5 Oversea5 MTrnistries Church planting Yotrth Dudley MBC- Pre5th¢Jol Grants 3511 123,0451 244.526 4.135 136.7221 1332 4,037 7.256 915 1ts,0081 251,733 5.050 136.7221 4,119 1491 . 4,119 70ts1 re1¢t fvnds 192,405 17,659 149} 210.015 Unrestrirted Hx•d Assets Fund Unrestrkted General nds 13. Analys15 of net •55ets auossfuftds Rertrl¢ted Fund5 Totrl Funds rixed assets Cash at bank Other Crnt assets Current liabilitles 256.047 256,047 338.626 11.308 15,1661 128,829 ii.ceo {5.1661 209,797 218 Total Funds at 31 Marth 2022 256.047 134.753 210.015 60015 li