fl clm church eppr Financial Statements Year ended 31 December 2023 ter& Charity no. ,119i09
TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023 Truste¢s Martin Siorey, Senior Pa5tOT Matthew Davis, Gener Manager Independent Trustees Abiodun Adeyemi Abisoii Adlsa Matthew Balnes David BOon Nlgel Davis Andrew Hillier james Ombudo Olwett Ihama Andrew Malc¥)e appointed 22 FeUary 2024 appointed 22 February 2024 reslgned 30 March 2023 apnted 22 February 2024 app)inted 22 February 2024 Q>mpany reglsttted number 05999919 Charfty registered number 1119509 Registered offi The Welcome Centre Parkside Coventy CV1 2HG Pflnclpal opernortg office Christian Life MSnlstsie5 Pafvside Covemty CV1 2HG Company seuetary Gary Ruck Independent audltors FYF Smith Cotsper Audrt Limited Statutory Auditors 158 Edmund Street Blmiingham West Midlands B3 2HB HSBC Bank plc 133-135 Davenrry Road Cheylesmore Coventry CV3 5HD Solicitors Geldards LLP Dumfries House trnfrie$ Place Cardifl CF10 3ZF 5 "4 Frtytuw l QN ¢ekknRting tscuw dl¥w5ityattheww4'NJI
Annuol Rèpc•rt & Flncm¢id Statements 2023 Contents oi Reference and administrative details of the charity. its trustees and advisers Messa9e from the sen$ Pastors This is CLM Churthl 04 05 06 Tru5t¢es' report Our Purpose & Han Strategic report F05tering Christ centred communty Nurturing spiritu growth Effertive mission 06 08 09 14 16 18 Racial Justi l Reaching wider l Multiplication The Numbers- Financw remew 21 25 Structure, govemance and management Trustee Director5 responsibilty statement Independent auditors, report Consolidated ststement of financial actwtties Baknce sheets 28 29 31 32 33 Consolidated statement of cash flows Notes to the financial statsments fo clmehureh
AnrKJal Report & Financid Stotement5 2023 Message from the Senior Pastors It has been ama21ng to see what the Lord has done among us as a lo(al thurth over the last few years. We truly thank God for His grace towards us as a communty of believers and the privilege continues to be to see lives tTrrsformed and God's Kingdom comel In 2022. we began to speak about a changing 'season'. Our vision as a churth, to 'bring the Kingdom of God to every life and sphere of society, hasn't changed, bLrt we sensed the Lord speakin9 about a new season of 'Maturity and Muttiplication,. We pereewed, among other things. that He was leading us to mUp[y1 by establishing new sftes beyond the centre of Coventy. In 2023, thls became realty with over 150 people, frorn CLM'S central site, momng to a new church site 'CLM Coventy North,, which launched on Sunday 5 N¢)vember. anS are also fonning as we seek to 'incubate' a work in the town of Northampton ahead of a churth plant. By God's grace. we are definrtety moving forward. We are also seeing 'maturity' come to pass as a ministy, with more and more leaders and thurthes around the UK lookin9 to us for help and advice as they seek to grow and take 9round. We were again deepty 9Bteful for the many hundd$ of volunteer5 who played significant roles In ministries and teams, OngsIde a commltted group of leaders and a gifted staff teAm. Moreover. we were thrilled to see 1 who call CLM 'home', outwothng CLM'S vision on a daily basis, 'bringing the Kingdom of God into every life and sphere of society, in homes, through jobs and in other places of connection. The Lord continues to build his Church. with mlnlstries expanding, counuess testimonies of lives touched and transfomied, missions work expandlng {both overseas and having just finished GOI 2024 ere over 600 people participated) and our Sunday ServIS again reaching capacity. We are deeply gratefijl to God for His fthful hand upon the churth and for all those in the CLM community pLayed a signifi¢3nt part In advancing the vision. Martin & Esther Senior Pastors I CLM Church
Annual Rèport & FInCIal Statemersts 2023 This is CLM! Christian knfe Ministries {or 'CLM' as we are usually known) is a vibrant, muhi-national, Pentecostaj church, wittri over 60 dIffefit nationatitie5 represented, from across 1 age groups. Sunday services provide the main context for corporate worship and teaching, although connection, discipleship and outreach are outrNorked through a growing number of midweek ministries. meetings and small groups. The church was founded in Coventry in 1936 and established its first thurch buildin9 on the present site in 1937. Ier the years, successive generatiors purchased additional adjacent pieces of land to give CLM its current footprint in the city centre. In 2010 the thurch took a significant step of faith and began a major redevelopment ol the slte and in November 2011, moved into its current facilty, 'The Welcome Centre,. sin then, the thurch has grown significantly in temi of the numbers of people attending. the broadening range of ministries and its missional reach, locally and overseas. We are passionate about seeing God's kingdom come in our city and beyond, through partnership wtth other churches and Christian organisations. CLM is affiliated to the Assemblies of God Great 8ritsin and the Evangelical Alliance. CLM'S vision, or whot we term as our purpose, is to Bring the Kingdom of God into Every Life and Sphere of Society We plan lo do this facilitati ng IJ pirit. al 'e M100 Ci¥ Prai afftdfknr-ho MotoFeJwrt 2023
Annual Report & Flnan¢id StLltÈments 2023 Trustee Directors, Report Our Purpose & Plan Christlan Llfe MiThistrie5' objective or'our Purp05e' as we call IL is to 'Bri'ig thL lin4d::rn e Ir,lo e'oery, Ile and sJh- 01 SLI=ie'.y * and we seek to achleve thi5. 'Our Plan,, by faultsting.. o Chrisi ce--.rid coNmiJnit¥' Iprodaim the gc¢Jd news of jesus Christ and to facilitste ChristTrtred community through Sunday servicas age based and community-based activities),. O Spir -aal I Ihelp believers grow in their fath and fulfil their p¥)tential in Chrfst); and O Fflc.-T miesitin Ire&th oul and support the marglnallsed In our swiety, regardless of Iheir background or belielsl. These wms are formaty *ated wrthin the Memorandum of Association &. to advantt the Christian fwth in attordanee wtth the statement of belief5 in suth patts ofthe United Klngdom OT the worfd as Ihe Trustee5 fr<)m time to time thlnk fitr, to relleve aspets of povty and to promote and preserve wellbein9 by the provision of funds, gCd$ or seNl¢e5 of any kind, inclLMling through the promsion of counsellln9 and supptyt in 5uth other parts of the Untt¢d Kingdom or the world as the Trustees from me to time may think 11( and to advance edueation in such Wa and In such parts of the United ngdom or the w¢Jld 4% the Trustees from time to time May think fit In setting objectives and pknnlng for actwities. the Trustees have glven due conslderation to 9enerdl guidance published by the Charty Commission relating to publtc b¢nefiL includln9 the guldance 'Public benefL' runnSng a charity {PB21'. The Trustee5 are confident that the breadth of actfvttSes ¢overing al age ran9es and soc1 standing provide benefrt to the public and the Ilst and review of ministries in the 'Review of Z023' wNhin the Trustees, Report demonstratss th The Trustees and Elders, of Christlan Life m15teS are confldent that the thurch has advantrd the Christian faith.
£LV$Car01 Stiiite 2023
Report & Pir)ancial Statements 2023 Strategic report The Trustee Directors present the strategic report which detsls the impact the charity has made in 2023 against its core plan and purpose statements and imm&iate strategic priorities. This report covers the peritsd 1 january 2023 to 31 December 2023. The Annu& Report serves the purposes of both a Trusfre5' report and a directors. report under company Law. The Tm5tees Confirm that the Annual Report and Financial State¥nents of the charitable company comply vAth the current statutory reqU1Ments, the requirements of the charitable company's governing document and the prov1510n5 of the Stater¥¥ent ol Recomrnended Practice ISORPI applicable to charities preparing their accounts in accordance with the Financi Repon9 Staftdard applicable In the UK and Republic ol Ireland IFRS1021 (effective 1 January 20191. Since the group and the Company qLalfy as small under section 383 of the Companles Att 21YJ6, the Group strategic pOrt required of medium and L¥ge companies under the cpanieS Att 2006 (Strategic Report atEd D1ctors. Report) Regulations 2013 has been omitted. CLM'S Msion 15 to 'bring the TrQngdom of God to every Ilfe and sphere of sodety, and it is in the context of thls vision. and In our oJrrent season of'maturty and mukip11kn', that we Present our strateg1¢ repoyt for 2023. As the ehurch entered 2023. many ministy areas continued to see subStanal torwaxd rnomentum. both acTOSS Sunday serwce5 and age-specifi¢ ministries (where cDmmunity and spirituJ growih is fostered) and direct and indirect miss1on act[ty. By mid-2023 Sunday m(xning services and Sunday mlnlstrieswere regular ator beyond (apadty. Thus. in order to make room new people, in November 2023 we launthed our first exprtsslon of multiplication with the launch of aj) addtdtsn site on the North side of Coventy and with exploratory pkns to 'inoJbe' a work In the tovm of Northampton. We are a&0 seeing 'maturrty'. with rnOTe and more leaders and thurche5 around the UK looknng to CLM for help and athace as they seek to grow and take 9rtsund for the ngdorn of God. Setapnsta backdrop ofthe faithfvlness ofso many people serving, lewjing and PTaying-don9 With the generosty of regukr financial giving, strengthened by our annual Vision Offering, muth of which will be illustrated in this reprt the thurch has Contlnued to grow and to devebp ministhes that Impact hun(*eds of Ilves week In, week Ei and Pw hLwbJ R¢(IM thuFch | NnbU2023
Annual Report & Finc¢11 Statements 2023 20231 Fostering Christ Centred Community We believe that growin9 together in lailh and in love 15 God's blueprint lor Hi5 Church and His family. We thank God for tl-. stren9th o,, ionnection.- at CLM. a diverse church of maY nations. 9athering in His Presence as we jouiney togetbei in Olir discipleship SUNf)AY MINISTRY 2023 has been a very encournging year for Sunday ministry. Our Sunday Momlng SeTrices and special evening 9atherings through the year IsLKh as Cty Pfai5e & t¥ayer and our Encounter Evenings) have been extrtmety vibrant and remaln one of the key W4yS that we Christ-centred community. thr the last twe months we have g¢Me deeper through Sunday teachin9 series on Ephe5ian8 the Hoty Spiri( David (heart aftw Godl and 'Seek Flrst,. We have seen an incredible shift in momentum., we began the year with an average In-person Sunday attendance ol 1,020 In january and concluded the year wf(h an averag¢ of 1,368. By Q2 2023, It became very dear that we were fadng a capauty challenye at our Cuent churth faellty and so we be9an the process of searching for a second stte that we could gather on Sunday Momin9S to worship. 8ecause of the faid)ful 9lvirtg of the thurth, we were in a strong tx)srf(ion to make a move and invest in the necessary infraStrtUre to make thls possible. C(wenty North to facilitate children's work for those aged und¢r 11. In addition to our in-person gatherfngs. we ConnUt to have a strong online presence ¢ath weel wth an average of over 1(K) concurrent devlces when we are 'live', equating to around 200 persons. Further, o weekly INestream Se$ wned an average of 800 view5 throughcdrt the year. Whilst we have dearty seen the m4orlty of the Congregaon Tetum to in person gatherings, 'Church Online, remn$ suth a key point of connectSon, lor those who are unable to TrNe it to church, who wouhl like trj plug in durfng the week As ever, Sunday ministy Is only made possible by the Incredib learn of volunteers who serve the churth. We are very gratefvl to have a faithfvl team of around 350 Indwidus who serve acrnss an e£remety wide variety of roles from gr¢eting on the car part to stewardlng and hospitlty. A ¥l':rsh',p Team ol around 100 volunteets, seek to be "presence carriers. in all of our corpgrate times of worship, both Sundays, but Jso In mid-week settirtg5 Ilke prayer meetings. Roughty once a Month, team members give over 8 hours of time both in rehearsals and in seNices, bringing their 9Sfts to help us enciwnter the PreSern of God. On Sunday 5 November, we were delighted to offically launch our Coventy North STte at the Novotel Coventy, a facility that can seat 180 people, along with the ne$Sary 5yndicat¢ roonB for knd'5 work and storage of equipmenL Through the bJance of 2023. we were so encouraged by the communlty of around 150 congregants that established the North site Imthng room at centr), and the sense ol Ilfe arnot our gathering5. As Is the case at our Coventry CentrJ 'main' sth. congregants benef from (tynamic prdise and worship. falth-lnsplrfng. relevant eathing and time to connecL We have akn been able to establksh a very capable CLM lQd's team al The CLM, Production Team plays such an important part in maknng church accessible for 1. The team redly prltiritises one of our praebee walw. 'heart for the whole,. Our deslre is that we would be able to Ilrtate d)ur¢h for anyone wlv) Is urAble to attend on any given weèk LqP¢ L•unthrfQM ComNoth. NDveth 2028 Nght.. CLM*Good Frfdéy senlce5- 2023 clm church
io Annud Rwrt & FlnL•)ctd Statoment$ 2023 The tearn is made up of around 60 volurrteets who serve across a range of Speal$mS from camera operatin9 to mixin9 audio. MaJ)y of the team membets have beèn tr&ned in- house wh no pn'or experfence. The Producbon Team facilttate the Ilve streamlng of Sunday services and other key events to our growing YouTube channel. Thls has becorne a Uuckil lundon of the church, maknng se accessible and capturing some of what &)d Is doing in the life of the thurch. Our YouTube channel has 9rown to over 2.7k subscribers wth our onllne semos enabling us to reath further than we could have ever imagined wth viewer5 joining us frcth all four comers of the wodd. One of the highlights of 2023 for the Wcrf5hip and Production Team was the launch of cur first Wgr5hlp EP entided 'Heaven Here,. The title track attwned 3.2k ews to date ¢J) YouTube alon¢. great time engaging in fellowship, prayer, worship. and the Word being shared through diffent ways using puppets. deos, and objed lessons while hawng a lot of fun throughout the dayl As well as delivering crealive and imaginative sessions, the Child'S team maintained robust training and development Processes throughout the year, demonstrating a commitment to 5afeguardin9 procedures indudSng safw recruitment of team members. The team continues to recewe reguLar leedback from members ol the congregation expr¢5sing their grattbJde for the excellent ltsb they do in bringlng thurch to their homes, and to delNer this with YKh a high stsndard. EARLY YEARS MINISTRY r eady years ministy read)es parents and carers and their children aged (>4 years both during Sunday semces. and mid-week. Over two hundred families registsrer for our pre-school SdaY school and e week at Coventy central and North and regularty s¢¢ up tg 85 families using some or 1 of Qur provtslor ¥%thld) are.. parent & baby room for o-2s pre-schotslers room for parentslL7rers of 24s mum's mSdw¢ek lrfe group Our airn is to provide a safe and welcoming spac¢ tst ters for the physIC and splrhual need5 of both parentslcarers antj thelr children thrryjgh the year. Through the year th¢ tsam pded over 125 different age-reLited creave act5vthes that fostered the Spiritu development of CLM'S pr¢-sth001 thlldren,. IntrOdud and facI1it2tsd the learning of over 12 new biblkd based books (made available at subsidised prices to families).. delivered a sh¢Jt course led 'Falth wthin the Famity, to the mum's life group., and the team Prayed with many individual tamilies w diverse range of needs. along wth [CtiC Parenn9 tips, lob advice and 9u&dar and sign posting to other services as and Wh needed. The feedback from one parent in 2023 captures the esxnce of why we do what we do. CHILDREN'S MINISTRIES Our Sunday children's ministri4 which run as part of our Sunday morning services, now see approximately 150 thildren eath week in attendance from school years Reception to Year 6. These nurnbers also indude the launth of chlldren's work on our second site, CLM Coventy North. The Spiritu efficacy of the Children's Mlnistry was m&ntained throughout the year wth a strC9 foundation of ageipropriale, Christ-centr¢d content for them to en9age with. An exarnP of thls made In August with our d$, surnmer event, the 'SuperSummerSpeual, with around 90 thildren in atrndance. The children had a
Annual Report & Financlal Statements 2023 li 'Forme the Sun.d&yparentroom has almostalway5 fek like an emOtnal troge wheRvparents sk7re their struggles, 'small wlns" and frustrations butmost importanty encourage earh other. Its notjusta space I take 8 fvssyhby buta placE where IiE bulk bng-ksting rela1ionshii?S With people l IUld othentsse r7evergolten to know.. I rRniips .1 walkedinto a.Tady-made fellowshii? èndl was stretchedbeyondmy comfortzone added rcsponsibiliÈy'; She has b¢¢n amazing In helping with much of the administration and Is Involved In many actIVCs. Another .. "I haiJe Jeeii d Christian forover 50 yeats and Ihave never eXPenendSts¢fv a wan welcome as Ireceived on my first vi&t to Synergy" Life groups at CLM are gthrlngs of around 10 to 20 people rneeting weeY in homes and on Zoom, with the of Mn9 bl9 thurch fe¢1 small, rooteil In Christ Centred Communty. Helping peoFAe to get better connected wth each other, to grow and be dlpIed Sn thelr with God, life gTOUPS are one of the rnn way5 we outsvort care and support. Through 2023, four new lffte group5 were launched, wtth over 30 groups (excluding Young Adu$ and Yc4rth knfe Groups) regularly rnn9, With nearty 4 assigned people la 17% increasel and an average of 72% of people attending monthly. Atrtsss this year we ran Seve cour5e5 through gTOUPS, notabty Soul Winner which encouraged our Life Group members to take a fresh look at evangelisrn and encouraglng 1 to share Christ in our day to day Iwes. In September we asked &1 groups to run the Freedom in Christ course, helping our m¢mb¥s to step into a greater freedom in 1 are of their lives, topi covered included Key truths (from the Bible)., 8r¢aklng the hold of the past., arKI Grow¢ng disaples. 5 part of the course CLN held a 'Steps to Freedom. day with Over 200 life group members attendlng on a Saturday, for worship, prayer and teathing. Gfven the irnportan of Ilfe 9roup5 to effedive Christ Centred Communty, and the continued 9roth ol the church, a key strategic wm tor the yew ahead Is t COnnUed trwning and re4Ing of new lile group le¥ler5 and grps, as demand and need for Pla in new life gr(p$ confjnues to increase. Daspite a difficutt heth journey, Ihe laty has been ab to join Syner9y day trips and akn the group5 5- day visi( to Bournenh)uth which lifted and encouraged her. In all these acbvrties Chrit is central. Synergy has collecbvety supp<ted CLM FoodbanK ralsed money for Home of Hope, an ¢)rphanage in Mdawl, supported one ¢)f the thikIn * CLM w) sing money to help a school in Ugand4 and dso encouraged ¢)ne of CLM'S young peopl¢ who Is enrolled ¢)n a Leadership Course which includes takin9 prical help to a vIlge in Bomeo. In varu$ ways Synergy has supported local Vulnerab people, offering meaLs, vlsitsng those who are ill L¥ in dwficult ¢lr¢urnstances and in one case doing wathing on a gular b$. All this Is underpinned by praw. A tearn regulaty visits three drfferent Care Homes In the cty to take a th¢type service and afterwarés cINat wlth resldents. Each of these hornes has recekved 12 vi aLT055 the year and residents and 5kff are bSsed by this. In DeCernb a Sm1 gtft was taken for each person, bringing delight to the r¢opients. Members of Syner9y have also helped at various day-time community functKJns at CLM whith require 'meet and greet,, stewarding and provlslon of freshments. Syner9y is IIM'S mlnistry for the over 60's, many of whom are retired and love the wariou5 acbvities wt on eath week Synergy seek5 to bring God s kn'ngdom wherever r( tsn. regularfy meeting mid-week, for worship, prayer and lo¢knng into God's word together. As well as growing numericdly this year. Syner9y has seen Peop develop sknlls and grfts and put them into practic& CLM'S dynamic youth rninisty provides discipleshlp with a growing momentum amng Sch<)ol Years 7-13 through 'lgnite', 'Sunday Ses5Kns'. and the 'Youth One lao¥, now a member of the core Syner9y phnnln9 team, said.. clrnchvrch
Annud Report& Financial Statements 2023 Leadership Programrne,. The team are Seeing new people join every week and a number ot responses to the Gospel for the first time. The prlmary format for Friday gatheriThJs rertwns that of life 9roups. seeknn9 to foster ChrfStntred ¢ommunty. As well as thls. some nlghts are gathered all together as a Wer CLM Youth communlty. Through these setbngs, CLM'S young people receive lored biblical teachlng, dynamic praise and worship wlth a gr¢)wing Youth worship band, fun activftie5 and rcrfjm to explore faf(h. Around 100 youw people land teaJnl We impathd at timhless Fe5tNal in the summer Ot 2023. 'T I,. :.1 j<-fi Student ministy aims to engage 1 &22 year olds in Coventy, WaiCk and Nexus ICA University, which represents sorne 30,Cth students across the Cty. Student minlstry has seen 5 new addtiions to team in the last year of whom have grown In their leadershlp and fadlitation skSlls. The add0nd tearn has enabled addOnal mid-week Sbjdent Connect (Lifel groups to be launthed. In addr(ic¥), Sunday Sessions, our f0ttr1ghY Sun(ky grp$ for 11-16 s runs alongde the semJ)n in m¢Jming serVe$ and prowde5 a great opportunty for our youn9 people to connect, explore the Word and much rniye. Sunday sessio is attended by an avwage of 70 young people when it nJn& Cmjr Youth Leadership Programme has around 25 yjung peOe in school years 11-13. The leadershlp progamrne is designed to prowde young people wrth an opportunity to develop and grow as young Chrlsban leaders. The program is made up of five lement&' Communty, Servin9 Leader5hipJ Inpu¢ Mentoring and Time Away and is spread out over the ademi¢ year from October to july. VIJUNG ADQ_TS The young adult a9e demographic Is 18 to 30,5 and it has been an anwzing months. The mlnlsty continues to be ¢)verseen by a Young Adults c¢ team and knfe Group leaders who collectively play an integrd role in prowdlng spaces for connection and dls¢lpleship thIn this age bracket This year has been such a great season for our youn9 adults. As well as birthing 6 new lrfe group& we have seen great momentym wlthin the ministy Ind¢Jdlng 9 groups loumeylng through the Freedom In Christ In April 2023 the thurch ran a young adults confeFence with over 100 people in attendance whi¢h was such a lifeln9 experience for our youn9 adu cnunty and builds upon our regukr Young Adult Life NKJhts. It has a150 been encouraging to see many people step up into leadership positK)ns as the ministry c¢Jttinues to grow both numericalty and spirityly.
Annual Report& Financid Statements 2023 Beeen September and December 2023, we welcomed over 150 students into our Sunday Student Lounges. a space to share a meal and connect after seNi¢e5. We have dso provided a weewy discipleship space (Student Connect} for 32 attendees dongside stjdents In other spaces such as Young Aduk M¢nistry. Topics relevant and applirable to students s¢Jch as lentty, money management, relatk¥rthips an¢J growing PtiCal in spirttualty have been covered in these Spaces. Furthermore, around 10 sbjdents rnade the dec10 to be bapdsed. Earller in the year. 21 siudents also comrnitted to Rwted, a 1 (>week d*ipk5hip programme touching on aspects of generosty, etynmunty impact and more. We $0 continue to consider how to rnaximise our reath and impact by engaging and partner9 wh other campus socletles, inialIVe$, churches, and students. This can take shape thrgugh speaknng engagern¢nts, supporting at key evangellstic events, financlal and other pradic31 SeCe as well as conneLting with Christlan lthlon executwe members to dlscuss effedve pathershlp. 'Encounter Evenings, are a time of unhurried worship where we seek to encounter the Presence of God and allow Him to minister to us.
14 Annud Rèport& Financial Stciements 2023 2023 | Nurturing Spiritual Growth CLM contirues to grow as a house ol pra>'er and worship, where prayer is the lirst priority, and where the manifest Presence of God is passionately pursued, PRAYER & FASIING ttru9h bgth of wr'Frvdom irt Christ, and'Rooted' disapkship courses. The lollown9 courses were held effher in-person, or when required online during 2023- Freedom In Christ, helps ptrlpaThts deal with unhealthy mindsets, and to connect with God to bring greater personal freedom. In the latter part of 2023 we ran Freedom In Chrlst in all of our existing CLM Lile Groups. covering approximate 350 people. PAyer continues to be a reaj priority lor us as a chwch community, and once an we began the year wlth .21 Days of PRyer' in january. This has become a key part of our annu rhythm as a d)urch, as we Set additvjnal tir &side to make space for God, to pray Into a number of different arth%, to worship. and to mmf( the year ah1 to God, The CAP Money course ran three tim&s through 2023, providing practic tips ".1.u& how to get to grips with finantts so peopl¢ can budgeL save and prevent debL The Marriage Cowse mnt.ned an online fiat for 2023, allowing couples to access materia5 from their own home at a time and pace that suits them. 16 people signed up for ble eight-week course durfn9 the year. We were so pleased to run Alpha in person for the flrst time at flm. This Ss a 9 week course, designed for those who tr¥ave questions about fe and Faith. Around 30 people attended the course ft)r the duration vknich inVoed a dlnner ¢n arrival and an opwtunéty to talk about the Christlan falth and offw fijrther steps to engage with church. In addTbon, and as detaled earfier, we Jan Rooted groups, baptism explained and mU1Ple other ministy speafic (worship, children's, youth} trning courses through the year. In May 2023 we ran the Bereavement loumey lor th¢ first tSme tsknng a Sm1 cohort through the ¢wrse. Ml those who attended found It very helpful. 'Serving & Leading. IS&LI Courses tcx)k Pla In the Spring and Autumn. Thls is CLM'S leadership tracK equipping people to seNe and begln to lead In the churth. As a church, we akn reMn wmmitted to monthly 'Prayer & Pwse. gatherings. Ong wth quarterfy periods of '3 Days of Prayer & Fasting, and Encounter evenlngs where hundreds trve been impacted in the Presence of God and through prophetlc miniw. We continue tr) hear stories come f(*th from these times of how God is answering prayer. We belleve that ayer thanges thlngs and it has been $0 encouraging to see the growth in appetite fw prayer througholrt the year. 11 JV4.IT4 T?Nf¥. IU>RoOrED Growth Track Is CLM'S in-house structure we refer to we encourage people to think ab£xrt"How can I keep grgwing and devebpingT Y( prov4deg opp¢ytunhies to take part in a number of different dixlpleship courses that the GhLrth makes avallable, ¢ther for free, ¢1 heavily sub&dised. These include life courses to help equip peopk In a more person way. such as managin9 finan$, parentlng and the marriage course. Growth Track akn covers CLM'S leadership trdnlng whkh is called Serving and Leading" as part of a dershiP development program. The idea Is to keep tranlng and equipping Jesus, disciples os well as encouraging people to take those next steps in Iheir joumey tsf faith. Through the year, over 500 peq)le attended a CLM Growth Track course, with significant nurnbers running It was also a delight to see that bllowlng Baptism Ewalned sessions, a tot of 64 people were baptised In 2023 12022.. 201. This represents the hi9hest nurnber of w4ter baptisms in a gwen year and in recent hisw. We ihank God for translomed Ilves.
Annval Rèport & Finaneial Stat•ments 2a23 CLM Leadership Pathway CLM'S Leadership Pathway is an aligned leadership structure for eacli of our ministry areas. This includes dearly defined job descriptions and reqU1ments for leaders at every level. We believe that every person has the potential to grow In leadership, and that leadership is not just aboLrt position or authority, but about serying and influencing others in a way that reflects the heart of JesL¢S. In each bO0et, we provide information about the different stsges of leadership at CLM, fmm discovering your gifts to developlng your skslls and uhimately to leadln9 Qth¢rs. We explore how individuals can grow as a person and as a leader, and how they can serye and lead more like Jesus. We believe the booklets are a hdpful resource lo be inspired.. to pursue a deeper relationship w¢th God: and to discover and use 9ifts to serve others. and to lead with humilty, wisdom, and love. We also have an accompanying set of online resources for those who wish to prt>actively further their development. ¢EmChK Life Gi•upLeader • clmchurch
16 Annval Report & Financid Statements 2023 2023 | EFFECTIVE MISSION Thraugh the gei)erosity ol the people of CLM we have been able to continue to reach out directly and through our established missions, partnership5 to impact many lives in Coventry and beyond. As a church, we seek to respond to and s¢Jpport those In need, b¢)th in the cty of Coventy and further afield. This is also captured wthin <)ne of our tharitable objertives'to relleve 1 aspecL5 of povety and to promote and preserve wellbeing,, or as we term 'Effective Mission.. As well as hundr¢d5 of hours of volunteer suppo¢ CLM also seeks to pather wth and financialty suppwt tharities that are ajigned W*h our tharitable objectives, and value5. We support charities and projects acr055 Coventry and the UK as well as 1ntemationlY both finanaalty and practicty. We aim to show Compassi and help p¢ople who are in need ongside sharing the love of Jesus in a variety of ways. HI MISSQN
A team of 28 volunteers from the congregation run the CLM Foodbank Centre. Durlng 2023 we provided eMgenCY food par f¢r 697 people1491 adutts and 206 chSldrenl. In lune. 4fXI volunteers from CLM lan inc¥ease from the 300 in 20221 t¢)ok part in Gol 2023. The volunte¢ts Worked across 23 prqects Induding litter picknng, clearing overgrown Ixrtdoor spaces in local prfrnary schoo15. packnng and delwery food hampers to local residents and basketball games wlth yo¢Jn9 people. Through the year, the congregatK)n also helped wlth a number of coll¢ctions donations, indudlng.. 120 Easter Eggs donated to Coventy Soclal Servlces whlch went to children in Covertty. boxes of chOcoteS collected from ngre9ants and donated to Carrlers of Hope whld) were given to refugee farni1Ses in Coventy. Medtation and medianes from the congregation sent to the Uhwne in patrrship with Llfe Churd) Beoknrth. A team of 34 volunteers help lead a gUr Sunday church service in a local prlson where approximate 30 inmates attend. The Prison Mlnlstry team ha5 been able to get to know the inmates, pray for thern and support thern in Sm1 ways. '.1 loved the opporrunlty to be o .blessing' one.ol the GO.12023 team
Annval Report & Pinancial Statement5 2023 17
Our Llfe Groups have also been active by taking part sn communty l(tter picknThJ. In 2024 CLM will be launchlng a Street Evangelism team, leading a Prlson Alpha Course and aso expanding the projects that take place during GOI OVERSFA£ iu11q£IONS In May 2023. we were delighted to send a team of 9 to Rwanda for a 10 day mission trip. The team were also supported by a small UK based team whose primary role was to nwint&n communicati£$ and to facilitate prayer for 1ndlwdul. The tearn sent was comprised of some members who has ¢ompleted mutbple MIsOn trips prevKsusly, and some embarking on thls for the ft time. The tearn were organised based on their abilitieslexpertise, interests, and the needs of those belng served to ensure everyone was utili5¢d well. During the trip, the team en9aged in a number of mal and infornial aCtiVe$ Including,. Sport5 Mini5ty (Coaching childrEn, developing coaches, thinating krt}; Business Development (Worn9 with the team who n Ambassadors Foothall Rwanda to help them celebrate, trrf(ique and develop &8pects of how Ihey run arid growl,. Chwch Minlsty (Sunday T¢athlng, Wuship Wukshops. Listening Ministy}' Sthods Work Ilnputting on Spirltual Tea¢hin9s. Meeting %thth teachers to dlsojss the qualty of edueation in UKIRwanda and advising them on practi$ they may want to usel,. Inforrna points of connectlon (faklng up invitations for hospitlty, eIng M51ting the Genlde memoria etc.) As well as practi(31 support, CLM provldes regular monthly linandal support to the organisations below, whKh in 2023 arnountsd to £12,00tr. GLwILan BlerS Home lor Gcxjd onOrn IPm-3pm Ev4ry Wednesd•y Caniers of Hope Chrlstlans Agairnst Povety Coventy Foodbank Hope for Justice Hope Coventy Azlz Partnership clmchvr¢h
Annud Report & Pinancial Statements 2023
Other oneknoff finanaa gifts totalling £58,000 were made to HOFE Coventy- Good Neighbours. unIan churthes, relief to PenIan refijgee Twkey and Syria eArthquake appeal. AOG UK Phi Tt (J John), Dignify, Gu*dian Balls, and Nexus of the most pressng i&%ues of tsur ¢ukural moment equlpping every young person to make 9)od thoices. We are proud to pather with Dignify. a charitable orgamisation who are passionate about the wellbein9 of children and are committed to helping thern ngate Ilfe s challenges throu9h championlng healthy relationships. challenging the normlsatiOn of pornography and pthcuL4rly its hwmfrJl effects on young people. as well seeknng to CAII out sexual obiectillcation and dl its negative consequa) through student and youth workshops. teacher support, school assemblles and lesson plans. Illlp, "We 4t d?nlled tliatDignty were ab to come and delpverassembls to enhano ow15HEcuinculum &xth Form. The team were able to deliversessths on hardliithng andsensibwe subjects in & non- judgemp17ta/manner, creating a safe space for sludents ttr consjder Ihe choices that theym&ke. 77)e progrdmn7e developedbackgrotsndknowledge and nderstanding olsociety to enable stu<lents to galn an dppwiatw of the PrfUreS that they fdre today. marritre Iharykyou to the gnify team andCLM apurch forservin9 ourschoolm th way. I have no dt)ubt this bvill have aposilive impact on the C.60eS our51udents make now andin the future."_ knoventry Blue Coat School In addition, Esther Storey, c04eni¢r pastrw of CLM, contlnued to act as Chalrper50n of HOPE Coventry, having been appointed in January 2021. HOPE Coventyls a key strategic partner and oversees a number of Mission projects in collaboratlon with Coventry churches and a9encies In totsl {monthty and one•off 9fft51, over £70,000 of diiect financial support has been promded to our mlssions pathaE, and £9,000 in CLM funded hardship. benevolence and mlssion trip sponsoTthIp support payrnents. As detailed on pa9e 23 (Finana Rewew), we estimate that £247,33912022.' £207,566) of direct and indirect financ1 support was provided by CLM to oUk Effe¢uve Mlssion, 20% of CLM'S expendlbjre. EVANGELISM In Wlnter 2023, a small team frcffi ¢lM toured the primary schools of Coventy spreading the joy of risrma5. sharing the Nativlty story through ftm and engaging ways with cheer, singing and giveaways. CLM'S S¢h¢ds Christsmas Spec1 SessicS were RE currlculurn fvlfilllng and student enrtthlng a5 they helped puplls build a better understandlng of the Chrbtrnas story. has been a loy to share the Good News of Je5US th many hundreds of people and see an inuease in resportses to the Gospel over the last yead CLM has reached out through 9uest semces with Canon lJthn; through the amazing Mpha Course, through street evangelism, the GOI Missions Weekend; student oirtreach into halls of residences., Youth 'lnviée Nights,, Synergy read)ing into ore homes and much more through our Ufe Groups and Individu conversations. SCHOOLS, WORK Schods WorK funded from CLM'S Vision Offerin9, Is the ouiwothng of one of our key objectives at CLM Churth of'Effecbve mlssion, enabllng us to connect with over 4,500 children and young people in schools ross the oty since launching in 2022. What we offer throu9h our schools. work enri(l)es schools eurrent rritJJlum by deliverin9 excellent eduOn on some The Raa Justice Ccrfnmltteè met 3 times in 2023 to M¢[tOr the 0u1wtrng of the 'Elder's Cornmf(ment to Raaat Juste., Additioty, in March they h(6ted a
Annual Report & Flnuncial Statements 2023 19 o)nsuttation evening with sorne youth from the church to seek their feedback and recommendations on CLM'S action on Racial Jusbce. the chty etther fails to tsutwoth its dwitabfe objectlves effectively, or insuffiaent time is invested into the oversight and oUtrrn9 Ot reguLatiLV) and compliance. As such, the Trustees are comrnitteil to erksuring that the church maintwns a healthy. approprwtety sized and finanCIty sustwnable Staff base wfch which to sustain the ministries ofthe thurth and the ourng of the vSSic. An Nations, CebratIOn Service wa5 a very popuL event heid In lune with many attending in their national dress and w¢xship sun9 In seveA dlfferent kMguage The attendaTr that mornin9 of 1,350 at that PCln( a Sunday moming record for CLM. A watthnight service was dso he on New Year's Oufftrking the vlslon of CLM slmply wouldny be possSble wlthtsut the frdlthtul support ol so many volunteers. In 2023 we rnate that at lea# 7,500 12022.. 6,0001 voluntser days were gFven by members of the congregation, acr055 our Sunday and mi&week ministries, wth incxeasln9 numbers of the CLM conwe9ation engaging in mission pather pmject5 acr055 the cty and bey)d. Development of cukurd awarentss training began, for roll-out in 2024. In the Autumn a Belonglng and Induslon SuEv¢y was sent to dl those (xjmmitted to Serying Teams and knfe Groups to gwn feedback of congregants. views around cultsjral indu&on. The results were po$Ve with a thread of affirmation throughout. There were reSp(se$ which sugg¢sted more forums for Ilstenlng and feedback and an observation that 1wcrfan and lack of awareness can SUII lead to microa99ressiMs impacting some. One t(ment from a congre9ant dexribed their heritage as 'blad( Afrlcan, submitted this ¢ommenL "I thlnk the thurth has done a lot to help, l am real impressed," a comrnent that Wds echoed by others. The congregation contlnues to thIlty, and for rnany, saoYficity. sow irto the vision of the church, through both regular tithes and offertng5, and CLM'S annual vision offering. Further detailed information is ovlded on pages 21 to 24, bth we are humbled that, despite the financial backdrop impacting many throu9h th¢ year, re9ular tithes and offetln9s whkh underpin CLN'S core / regular operating expenses and payroll, increased 14% to £811,391. supwted by many new indlvlduds and knilies jolnlng Ilm. Additltinaty. an estlmated £138,828 IW2022.' £130,182) Sn glft aid was reclalmed from HMRC. Vlshn offerirvj redernptio in 2023 amounted to an In¢Jedlble £238,083 I2022 £264,460), Wbth an stirnated addits.onal £42.956 IPrf2022.. £39,287) Sn gift reclwmed. Agaln, we Ihank God for the faithfulness of His people. REACHING WIDER I INCREASED INFLUENCE The Trustees are 9ratethJl to a phen¢ynenal and 9rowing staff tsam. Tho team brfngs leadershlp and oversight to CLM'S many ministries (releasing, in a cwdinated Manner. Ihousands of volunteer hours}. whi15t so ernsuring that, as a tharfty, CLM 15 compliant the regulitory enWrOnmt frt operates The church mlnistryl pastoral staff and admlnistrative team expanded to 19.6 (2022= 16.21 full rne equivalents IFtEI by the end of the year. Min15ty atyj pastordl staff Increased to 12.9 FTE'S {2022.. 11.1) fL4Iowing a strengthenlng of heathount awdated wth our Chtldren's minithes. CLM recogni5¢5 that there & a dl and responslblllty on us as a chureh to bring InfiUCe.. Akn9side the call lor eath member ot CLM to bring infiuence into our'spheres,, wherever we live, wryi sbjdy or connect, thpJe is a cdl on the leadership and on the church to bring influence beyond CLM. We continue to be acbve withln the united Church in Coventy through HOPE and unlted prayer, the area of prayer and the prophetic wthin CLM'S denornination AOG, vthere the leader5 have been invited to bring a strategic l¢ad nationty, partigjlarly in prayer and the wophetlc.. and The finan and administration team {induding production, building management and rnntenan), increased to 6.7 FtE12022'. 5.1}, reflecting investment in capacity for admini5trnUve and flnance roles. The Senior Leadw5hip Team and Trustees b¢nthrnaTk CLM stafflng leve& against other churches and d)arib'es of a similar size. By ensuring the church has an appropriate sized staff team, it helps reduce the risk that the staff team wlll be trK stretched, or that clm¢hvrch
20 Annual Report & FinaThcid Stat•m8nts 2023 in supporting and Strengthening other thurches through consuttation. As CLM has grown as a ministy, it has found itse responding to an inueasiro number of requests for support and adw'ce from other churche5 in the UK as they seek to break-throughb grow, establish systems, develop ministries, pursue racial justice and deepen vabjes. Thi5 15 an expression of'Th4turfty'l We aayS seek to be genern as many others have been generous to u& Motrvmentas & church which ptsch$PraYer a pnorityanddenportsfrates an &uthenhcpassion for Gods Presence.'P5. Gtyn Baett, NaYOn Leader, AOG GB MUI-. IPI_ICATION UPDATE CLM'S Elders have sensed a c1 to establish campuses both wthin and beyond Coventy- keeping CLM'S hea)eat and UeS, but birthing into other towns or cityes to reath people with the gc6pel and to pather wth existing churches in seeing the ngdoM come. CLM began to pray into this through 2022, beliewng anil preparing for a first express) outside of Coventy towards the end of 2023 or the start of 2024. To do this, the Elders, Trustees (DICtOrs) and leaders know that CLM needs to consdidate the hurch in Coventy to be a strong base, growing and improving adrniniFtrative 5y5tem5 to be able to pliote them elsewhere. Throu9h 2023 the leadership tearn pkanned for the launch of a second sle in Coventry, in Ilght of CLM'S Sunday moming servitts being at capacity at its Centr $e. Coventy North was kun¢hed in November 2023. A team from CLM has had the priwle9e of minSsterfng thin our denornination at the As5ernblies of (Al) anrual conference over the last Iwo years, irtg time5 of prayer and worship. Recentty Martin and Esther, our Senior Pastors, have been appolnted Nation Prayer Leads for AOG and are supporting a number of other churches around the UK that are seeking to 'raise the prayer ternperare, and pursue the Presence of God. We are so tIMnkfv/forMarttn andEstherstepping up as Nationa/ftByerLeads lorAemb}leS of GodG8 at bSis ine, andlorthe example CLMts in our
Amuol Report & Fknanclal Statements 2023
21
The N umbers (Financial Review)
CLM'S rnatn sources ol lundin9 have been free-wll offeriyys from the church congregation through regular tithes
and offerings. CLM'S annual VISI offering, income tax recovered undeT the gift aid scheme and, we£OVID, the
contribution ol the gr<P,s wholly owned trading syl>sidiary.
CLM'S Sunday in-person, onllne Congregon
¢tInued to 9row through 2023. In•wson
attendce alone inueased 44% in the year. wth
online and catdFup viewers holding steady.
Assoclated unrestrlcted glft aSd Increased 7% to
£181,78412022.' £169,469).
TOTAL INCOME. {unrth¢ted, restrl¢te
22 Annual Repori & Flnanclal Statement$ 2023 2022 Oesigrted Ine¢ft l Fund Anatys 2023 De61gnatsd Income l Fund An Fd I Fund ?fj4.4vL 392*7 12v4,4 Z38.08? IZ38k431 48 1419 {44LW>l 1116J)Kl 8&9CO 1217 11s,a90 92.422
1,766
120.USI 49.$55 122.QOI 289.461 74617 172.7501 287,351 Tt• 2(907 ao9,?4Y {fO?YJI 404.•54 404.0S4 1>¥$ 4Z•A72 Therefore, in FY2023. a to1 of £238,083 was redeemed from vision offerings IFY2022 £264,460), with an estimated addrtIO £42,956 2022.. £39.2871 in glft aid reckiimed from HMRC. CHARITABLE FXPENDITURE Totd charitable expenditure lindudlng that of the tradlng subldiaryl increased by 19%12022'. +17%) to £1,249,474 12022- £1,050,106). the Increase prfrnari due to increased investment In church activities and missi¢)ns, and depreciation costs following Increased investment In bulldlngs and fa(jIes. Vision offerfng demptIo frcffi November 2020 have been treated as unrestricted funds and have been allocated. at the discretion of the trustees and elders into specifle,degnatCd fijnds, of Spiritu House (Supporn9 CLM'S core budget); Missional Advancement lincluding QM Schools wort Pri50n5 rnlnistry, GuardIan Ble, Alph4 loc and overseas rnissions and mcfel., Physical House lrnalntainin9 and Upgrading the fabrfc of the CLM Bulldlng}' and Multipllotion Ilaunchlng new sltes}. Further Inlorrnation is Provided in the table below. Where we invested against'our Plan, CLM s plan is to faalitate thrist Centred Crmmunty. Spirttual Growth, and Effective Ms1on, 74%12022.' 76%) of our totsl expendthre was directy or indirectly assctiated with Ihese oblecbves, with further 25% 12022.. 23%) facilitatSng 9enw administration and buSldings related expenditure, and les8 than 1% on govemance costs. A5 at 31 Dernber 2023, within cash resttves £428.472 12022.. É404,854} of Vision Offerin9 receipts were orried fOd to be invested in deg9nated projects detailed below. Anatysls of Total Costs (char only) 2023 2022 TR4DING INCOME CLM'S trading subsidrary, relating to confwen¢e acbvlb'es, recommenced tradin9 in the flnal quarter of 2023, and 9enerated sales of £14,86312022: £Nill. The Conferen and events centre closed in 2020 as a rtsult of the COVIN19 pdernic. The rOrnMendn9 ¢f tradin9 a¢tivides, to utilise the building in quieter mi&week daytirne pericKJs, 9enerates profits to supwt our charttable ac1fv1bes. This is expected to be at k)wer levels than rxevious years due to significantly incfeased utilisation of the building by the churth for its core actIve$. Cosb, including sary r#haTges, were £4.069 {2022.. £1.0511. As a result, the business derived a net profft I contribution {Se5 less operating costs) of £10.794 12022.. loss £1.051} in the year. ESJSI l riJ'3N IL The thwity Invested £395,352 12022.. £357.4761 in [lItating Christ-centred communty. this includes dired costs assoclated with fijnding CLM'S m ministries, and the personnel IHRI costs of bringfftg leadership (to leadets and release volunteer51 to rninisty areas. This representsd 32% of total expenditu and grew 11 % year-on*. A frjther
Annual Report & Flnunclol Stotements 2023 £272,36412022.. £230,060> was dSrected iowards Spiritua Growih. refiecting the dirert costs and appl)rt)ned personnel costs with associated Sunday teaching, COUTses and other teachln9 rnateria15. This represented 22% of totsl expendfture and 9rew 18% year-on-year. Finally, £247,338 12022.. £207,566) was directed to Effectivem Iisgioii. This represented 20% of t¢)tal expendire and grew 19% year-on- year. As detalled In note 16, £57,853 12022.. fmill was transferred from t)esignated Funds to Gener Funds, being Capit expenditure {in support of vision related Initiatwesl. There We no movements to or from Restrithd Furids. CLOSIFklG NEf FUNtDS The thurch's to funds (parent company), being the total assets of the church Ivthat the charty owns) less tts liabilities (what the charity owes} increased by £75,27912022'. £146,362) during the year to £3,472.742 12022= £3,397,463). Induded v4ithin this was dI¢t expenthtur¢ to ¢xternal mission partners, trips, benevolence and hardship caw of £95,637 IFY2022.. £78,781), or £81,59912022'. £65,473) net of restricted mlsslonsltrtp income. This includes the regular support of charftable Organisations Ipage 17}. Staff headcount Churth mlnlstry and support siaff headcount, as at 31 De¢ernber 2023, in¢rea5ed to 19.6 (2022.. 16.2> rneasltred In full time equivalents IFfE). 12.9 12022: 11.11 E'S We deployed In pastor and minlsty reLited ro$ and 6.7 12022.. 5.11 FfE's in administration and support fttn¢tiorks. Consolidated funds (IrudIng the txdlng subsidlarle51 Increased by £86,07812022'. £145,311 I tr) £3,689,081 12022.. £3,603,003}. Included in the total consdldated fijnds of £3.689,081 are amounts totslSing £191,816 {2022: £191,816> whith are restrlcted and £428,472 IFY2022'. £404,854) that have been classrfied as desl9nated at the discietion of the trustees. Re5trlcted monles have ether been rwsed for, aThJ their use restricted to. specific pwposes, or they compiise donations subject to donor imposed cond((ions. Full details of these restricted fijnds can be found in note 16 to the accounts together with an any$l$ of movernents in the year. MOVEMENT IN FUNt)s Th¢ Trustees, in 5ettsng and monitoring foNMrd budgets and expenditure plans remew the r60lidated peJf0rMan of the eharity w reference to surplus lor deficit) before deptiL, amortlsation, interest at)d ¢orporate taXaan. known comm¢)nly as SBITDA. Thls provides the Tnjstees with a close approximatlon of Cash generaon, which has to be blanced against the setvicing (repayments and Snterestl of any borrowings lof whlth there were none in the ywl, and any capita (large one-offj related expenditure The chty lthurch} generated a tot unrestricted and restricted SBtTDA of £151,89812022.. £215,299>, and the group {includillg tradin9 subsidiary} £162,872 12022.. £214.2491, the unrestricted portion being £162,8722 12022.. £214,249). RESERVES POUC( The charlty MaIntnS a level of free reserves to mitigate agwnst the risk that the (thartty experRnces an unexpected event which would put it In flnanaal dlfficuty. This might include an event whith would bring Christian fe MSnistries into dSsrepute,' the premises belng forced to dose for a long per*Jd of time or a serigus decline in the economk environmert we operate In. The absolute level of unreth¢ted free reseNes is typically revi¢wed annually by the Trustees, in Ilght ¢)f our budgeted Ii)ng-term and medlum-temi financk comrnf(ments and the insurdnce lICleS in plac¢ that cover the church and trBdln9 sdIary for an unexpected loss of income for a period of up to two y¢ars. The last rewew was underttken in November 2023. After accounting for depciatIon and interest, the re[d consolidated swplus for the 12 months ended December 2023 was £86,07812022: £145,3111. The generJ reserves element was £4,607 {2022'. -£50,636}, designated surplus £81,471 (2022.. £195,947) and restrlcted £nil (2022: £nill. as detailed in note 16 to the acctyjn The T¥ustses are of the oplnlon that finanaal cover of three months, medlum to long-term linanaal cammf(ments would provide sufflcient fl¢xibilty to fs clm¢hurch
Annud Report & FIrncIal StatemeTrts 2023 crsver temp(xary shortfalls in Incomlng resources and wll Jlow the thurch to cope and respond to unfoTe5een emergenaes whllst specific action plans aJe implemented. Specifk insurnns are also In pkice to hdp mitigate the financial rtsks. OLrrLOOK AND PLANS FOR FUTURE PERIODS The church continued to grow and flourish through 2023 and this situatson contlnues Into 2024 wlth many stories of INes be¢ng touched and transformed. The numbers of people attending in-person across both momlng Serv[9 continued to iftuease, wrfh online engagement $0 contsnuing to be strong. A5 at 31° December 2023. the pollcy required the Trustees to Set aside £148,000 ol'f¥ee cash, 12022.. £115,(KKII. The fironaal posltSon of the chty s0 renM4ns strong with the congregation faithfully redeeming sion pkdges and with unrestricted tithes and offerings m&ntalnlng strong inlkjws In Ilne or ahead of 2024 budget pkns. At 31 December 2023, the eonsolidated group held unrestricted cash reserves of £616,57012022.' £504,673), restricted cash of £nll IZ022'. £nill (note 191 equating tts tota1 cash of £616,570 12022". £504.6731. Of the total reserves of £616,570. £100,000 {2022'. £nill was held in Money Market deposft aceovnt (treated as an investment on the baknce sheet}. The ¢)perations of CLM Ltd recornmended tradlng in Q4-2023, and business levels have continued to build through 2024, wth the trading sub$4diary trading 5IgnificanY ahead of budget plan. .l4 efflen INVESTMENT POLICY The Chwch currenty uses Interest beartng ¢a5h deposts for any cash in excess of short-term requirements. GOING CONCERN After rnthng approprLate enquiries, the TrLthes have a reasonab expectation that the Cgmpany has adequats resources to continue in operational existence for the ftseeable fvture. For reason, they cont4nue to adopt the goin9 conrn b13 in preparing the financi statements. Futher detwls regarding the adoption of the going conwn b&sls can be fo(nd in the accounting policies.
TRUSTEES, REPORT for the year ended 31 December 2023 Structure. Governance and Management The Govemin9 Documents The Q)urch'5 governin9 document is the Menwandum and thcles of Association dated 5 May 2010. The Church s a charity whh was fomally registered with the Charity Commission on 6 lune 2007 registration number 1119509. The cornpany wag incorporated on 15 November 2006 with registration numbw 05999919. The eompany directors fom) the board of tryes. The liabilty of eath trustee in Ihe event of a winding up is limited to £1. The thurth Is a mernber of the AssemblSes of G¢)d denomination in Great Britwn, and the Evangelical Alliance. Governance Structure The olurth. as a reglstered ¢harty atvj company limited by guarantee. seeks to operate under a governance strucbjre that offers both effective spiritual and corwdte oversight. The role5 of Elders and Trustee Board a set out below, and ttrgether, with the Senior Leadership Team ISLT) and Leadershlp Team (Ln, provides the fraMeWk for an ¢ff¢cbve governance and rnana9ement str(thre. 'CLM Elders CLM Board ChaT 604mar 5tyf¢ual CLM Board - Trustees SLTILT The Trustees ofthe Church, as set ouf on the inslde front coverofthe financial statements, are responsible for govemanTr and overslght of the Churth's business In accordanee with the Churth's objecttves. Su4Te8K Leaoership In seeklng to exwose 9)d wmanc< the Trustees meet approximate 12 times per annum to dTrscuss a fvll range of matters retIng to the life of the church including adivities, finance, fabrici gener& administration, the irnplementation of the Church constitutlon and Churth membership. Two of the Church's Trustee5 receive remunera0 for their employed positions In the ministy. In compliance wth Charity Comrnission guidellnes. a greater proportion of Trustees are voluntsry and rettive no benefits or remuneratlon in connethon wth thelr duties. As at 31 December 2023, there were six Trusteas, four of whom We re9arded as independent havi not recelved reMuneon from the In the year under review. Followln9 a wiew of the size and shape ot the board, to ensure that the chthty has an appropriate govemance struthjre to serve the churth in the yeap¥ ahead gNen the expanding size, reath and complexty of activities, a knther four independent trustses were appolnted February 2024 (dIed on page 21. Appointment and Re¢TUitment of Trustees The Elders and CUent Trustees of the Church Identify suitable candidate5 who are Invlted to serve as Trug¢s. Sultabilty would be based, primarity, on commltrent to thriSt Life Ministries, demonstrated by mernbershlp, re9ular attendantt and a hlgh degree of InvoeMent. Potenti ondldatss are not appointed as Tfustees due to any particular professlonal competence that they may be able to brlng, although the Trustee5 do seek to ensure that an appropr1 mix of sknlls are represented to help the dwty identify and marw risks. New Trustees are provided copies of the memorandurn and articles ol assocvatlon. latest accounts. recent minutes and suitable Chartty Commission guidan sud) as CC3a Charity Trustee.. What's involved., CC3 The essenbal trLOt¢e nd guidance notes on Faith in Gcod Governance. New trustees also complete an onboardin9 proce55 that includes e- leamlng modules and tests coverkng fraud preventic¥i. anti-brlbery & Corruption and ryber seoJTty. Church Elders The Thurch Elders typically rneet ontr a month through the year and comprised the following per50ns'. Martin and Esther Storey (Senior Pastor51, Tony Williams, Donald Brtswne-marke, Jonathan (hand (Assistant Pastor) and Pam Billy Fom {appointed November 20221. The elders are responsible for the spiritual govemance of the church, vision, doctrine and the oversight of signiflcant pastoral matters within the Ilfe of the church. Senior Leadership Team and Leadership Tea The charty and its employed staff and key volunteers are led by the Senior Pastors, Mwtin and Esther Storey. In addttion, Mathew Daw5, as Gener Nana9er, oversee5 the non-pastoral aspects ofthe thanty and its trndin9 subsidiary, CLM Enterprise5 Ltd. Together they tom the sen)r Leadership whKh seeks to et at least monthly through the year. clmchurch
26 Ann¢)al Report & FIMA¢id Stotement$ 2023 In addition, the above romed pewThs, wlth suppcrt from key rnembers of the staff team (Adam Brown, Luke Willkams, JQM Legate, Jonathan Chand and Steve Jonesl carrying ministy and operationa responsibilty, comprise a Leadership Team that also seeks to meet monthly through the year. Pay Policy tor Staff The Remuneration Commlttee, in conjundion with the independent rnembeTS of the Pth of Trustees make re¢tsmmendations wlth respect to the pay of Senior staff and ann cost of liwng adjustrnents for all sfaff. The Trustees consider the recommendations kn any conflicted 1ndldU5 in thelr absence. Rlsk Managernent Whi15t it 15 the thurd)'s p)Iky to wholty in the Lord that He will work out His Purpose through the Churth, the CLM leadership aso athiowled9es that it has a responsibiltty. both as indiwdual rnernber5 and a bo(ty of members, the identification and proper management of risks fattd by the Church In aChIen9 Its prlmary alm. The TNstee$ have therefore sought to assess the major risks to which the Church is expgsed. in particuL3r those relating to the specific operationd ar of the Churth. its investments and its finans. The Trustees believe that, by rnonf(oring reserve levels, by ensuring that contro15 exist over key financi systems and by examining the operation risks faced by the Church, it has established effective systems and procedures to mrtl9ate those risks. Key controls used by the Church Include.. ReguL¥ meetings of the Trusteas to lOW the identifiotion, assessrnent and management of ri%ks', agendas for all board and eldership meetings.. Strategic planning, budgeting and management accounting". Frmaj written policw,. Clear authorisation and apprdisal levels,. and Vetting prinaples as requifed by law for the protedon of the vulnerable. The Trustees review on a reguL4r b&sis the man [kS that the church faces and these are captured in a risk matrix tr) help the tDtstees appraise and prloritise. The key risks identffled include fin¢¢$, 5afe9uardingi health & safety and human resources. The Church employs speclalist staff to manage the tsk in ead) ofthese ar and, where apprcpriat¢ and necessary. engages third paty experts for athl1.
Ahnutsl Report & Fingnclol St¢2tement$ 2023 27 Objectlves. Activities and Strategies In settin9 objectives and pL3nning for actiwties, the Trustees have given consideration to gener guidance publlshed by the Charity Commi%slon rekating to public benefrt including the guidance 'Public benefit. runDing a tharlty {PB2)'. Christian knfe Ministries, object¢ve or 'Our Purpose, as we 1 it, 15 to 'En9 the ngdorn of Qjd into every life and sphere of soclety,. and we seek to athieve this, 'Our Han,, by facIlating.. o Christ centred cy)mrnunty Iprodaim the good news of Jesus riSt and to lacilitate Chri5t-¢entred MmUnty through Sunday setmces. age based and coMmun-baSed adivitie51.' Spirftual growth {help believers grow In their faith and knlfil their potentHI in Christl., and O Erfects rnission Ireath out and PPOrtthe margindlsed In our soclety, regardless of thelr ba&ground or bellefsl. These alms ar¢ forMty stated wthin the Mernorandum of Association a to advance the Chrfsiian faith in accordan the strnent of bellefs In suth parts of the Lk)Ited Kngdom or the WL¥ld a5 the Trustees frem time to time thlnk fi¢ to relieve all aspe¢ts of poverty and to promote and preserve wellbeing by the provision of funds, goods £ services ofany knnd, induding throu9h the provigon ol counsellSng and support in such other pts otthe Uni(ed Kingdom or the wuld as the Trustees from time to time may thlnk fit, and to advance educatTon in such ways and in such parts of the Lknited lfjngdom or the wodd 45 the Trustees from time to time may think f The Trustees do not belSev¢ that rt is POS5ible to accurately report on the indbidud performanc¢ of the three Strands of the objectives ts they are intdnsiolly linked and thus imp¢issible to account for independently. The Trustees belleve that to do 50 would not glve an accurate representation of Christian Life MInse5, purposes or achlevements. The Trustees are confident that the breadth of activities covering 1 age ranges and jaI standln9 provide benefit to the public aJKt the list and revlew of mlnlstrles in the 'Revlew ot 2022, wthln the Tru5tees' Report demnstrates thi> The Trust and Elders of ChrL$an Lrfe Ministrles are fident that the thurch has atranced the Chrlstkn falth. Publle Benellt Ststsment The sethon of thls report above entided thl¢¢bve5 Sets out the aims and prforltSes of the trusL The Trusteé5 have considered thls matter. In conlun¢bon wrth the guidanc¢ cont&ned in the Charty Commisslon's 9¢fter guidan¢e on public benefit together wth the MO specthc 9uldantt provlded by their Publicatic The Athancement of Rellglon for the Public Benefft, and have concluded.. 1. That the aims of the organlsauon cantinue to be charltable,. 2. That the aims and work done 9ive identffiable benefits to the charrtable sectr* and both indirectty and dlrecty to indmduds In need., 3. That the benefits we lor the public, are not unreasonabty re5thcted In aty way and ceriainty by abilty to pay, and 4. That there15 no ddAment or arisin9 from the rn5 or activitle A rnore detailed explanation of how the Trustees believe that they have discharged their responsibilities to deliver a public benefit is induded in the Achievements and Performan section. e clmrhurch
Annud Report & Fini¢1 Stotements 2023 Trustees. Responsibilities Statement The Trustees (who ¥e aL50 th¢ directors of th¢ Company for the purposes of company lawl are responsible for prepthng the TTUStee5' report and the finanaal Statements in accordance with applicable and United Kingdom Accounting Standards (United ngdorn GeJ)erally Accepted Accounting Practice). Company law requires the Trustees to prepare final statements for each financjal year. Undu company Law, the Trustees must not approve the financkil statements lesS they are satisfied that they give a trje and fair view of the slate of affairs of Ihe Group and the Company and of their incoming resources and appliTrtion of resources, includlng their inrne and expende. for that period. In preparing these flnanciJ stments, the Trustees are required to., seleet suitable accountin9 pollcies and Ihen app them Consisten, observe the Tnethods and principles of the Charities SORP, make jud9ements and oUnting esbmates that ar¢ reasonable and prudenL' ste whether appllcable UK Accounting Standards IFRS 1021 have been followed, subject to any materfaj departure5 disdosed and eXPIn43d in the flnancid s12tements,' pr¢pare the financial statements on the going concern basls unless it is Inapprwate to presume that the Group will eontinue in busness. The Trustees are responsible for keeping adequate accounting records that are Sufficient to show and eXPn the GTOUP and the Companys transadions and disclose with rea59nable accuracy at any time the ffinancia p0sOn of the GTOUP the Cornpany and enable them to ensure that the finan statements ctsmp with the Companies Act 2006. They e als¢> responsible for safeguardin9 the assets of the Group and the Company and henc¢ for tsknng reas(#)able steps for Ihe prevention aThJ detee£ion of fraud and other irregularitie5, DISCLOSURE OF INFORMATION TO AUDITORS Eath of the peTSOnS who are Trustees at the time en this Tnjstees, report is approved has confimied that 50 far as that Trustee b awar& there is no relevant audlt Information of whlch the charfrAbJe group's aUdttS are unaware, and that Trustee has tsken JI the steps that ought to hav¢ been taken as a Trustee in ¢)rder to be awafe of any relevant audbt information and to estab115h that the ¢harttable group's auditor5 are aware of that information. AUDITORS The atyJku¥. PI<F Smith Cooper Audit Llmked, have Indlcated their willlngness to conttnue in office. The designat¢d Tntstees wlll propose a motion reappointing the aud[tO at a meetlng of the Trust Thls repc¥l w&% approved by the Trustees on: 5 Septernber 20Z4 and signed on their bef by- TrLL%tee l Director Martin Storey Trustee l Director
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF CHRISTIAN LIFE MINISTRIES 29 Audittys Oplnlon Wc have a&edthe financid statements ol Thristian th Mintsirie5 lthe 'went dwitab company'l subsidiaries (the 'grwp'l for the yw end& 31 December 2023 wthith comprise the Ccnsolldated statement of financl actlts&5, the Consolldated baL4nce sheeL the Company balantt the Consolldaw statement of cash fEows d the r¢d notes, including a Jmrnary of slgnrficwt accoUnn9 pdries. The finaJK reportin9 framework that has been applied in their prepwation is applicablt law and United ngdom Accounting Standard5, Iruding fvnanctal Reporting Standard 102 'The Financi Rewrbn9 Standard applicable in the UK and Rewbllc of Ireland. (unit KJ'ngdom Gen&lY Accepted Accvurfing Practittl. goiry ¢orK¢rn basis ola¢¢ounI)9 in the preparation of tt slaterrents is apprgyots. Pp¢ in accordwe with &Wle W requements. Matters t>n which we art rwjred to on the work we have Frtmed. report by exceptbn t havt not Kkntth2d any nxteri In the light of oui kjKedge and urttrtalnles relatiryj to ev¢nts e[SdIng th4ritabk ctynp conditions 1nd1¥AdulY and ts envlronment obtyned in the cdlectwety. may cast s1gnffjfit doubt cX>ur of the aLvJ¢ we have not on the Group's or the parent charitsble Identffied rnateri rntements In the (x)mpanl$ ability to continue as a going Ttee5. rep conom fDr a peri1 of at least trl¥e YnthS from when the finana statements are auth0ri5ed for issue. We have nothing to fwt In respect of the following matters in reladcfi to whith Companies Act 21J)6 requkes us to report to you rf, in our opinn. resporslbillJes and the TeSponsibile5 of the Trustees wlth respect to going conrn are desulbed n the r¢¥tSectiOnS of this rew¢ th¢ parent th4fEl4ble MPanY not kept adequate and 5ufficieTht accounting rKryds, or retum5 ad¢quate fu our audit have not been rettwed frDm bF4fKbes rt sited by u4 c the parent charltsbb Company financial statements ¥e not in agreemtht with the acCn records and luMs., Or certan disclosijre$ of TrtLStetss' rernuneratiC speofied by L4w •Ae not made,. or we have nc r&Ved 1 the infumation and explanaticS require for our aud or the Trustees were not ted to Prepa the finan¢il tsternents In accordance with th¢ small companles regime advantsg¢ of the Sm1 Compan5, exemptions In preparins the Tnjstees, report and fr¢•rn the quir¥Knt to wepar¢ a StrategK Other Infonnalon other infomialkn comprises the Inform4bon included In the Annua1 report other than the finèr statements and our Audlt£¥s' report thernn. Trustees are responsible fDr the other inlormation contained tIlln the nUal rewrt wlnlon on the flnand sktements doe5 nol cover the other information and, except to the extent otherwise explidtty stthd in our report we do notexpress anylorm ofa55urance ConClu0n thereon. Our responslbllty Is ro read the other inforrnation and, doing 50, consider whether the other information is materdly wconsistent wEth the staternents crf our knowledge obtained in the course of th¢ audtt, or OtherWe appear5 to be matermly mL5Statsd. If we Identify such Basls for oplnlon materfd ineonsthncles or apparent We conducted our audr( In ac¢ordanr merf mWtemeTht& we are requyed wlth Int¢nWtiOn Stsndards M All4ng to determine wtrthr thi5 gives Itse to mattlla misstatement in the financlal IUKI (1S5 IUK)) and appll(able law. Our Tcsponsibllknes statements themsefves. , based on the under those standards are further d¢sbed the we have perfmned, we condude that there is a rnateri misstatement ef Audkor5' reSpbil¢S for th¢ audit of Ih&s other InfrJrMotL, weare r¢qu5odto financid statements Séthon of our rwt that fa fewt We are Independent etthe Group a(Ordantt bvith the ethiral Tequlrwnents that ¥e relevant to our audit of the finana statements in the United Kingdom, Induding the R'nanciaj Rewting Courtll's Ethica Standard, and we kHve fvffilled our other ethic resporysibilitits in acc¢rdance with these requirewnts. We bdieve that the aud evidentr we have obned iq suflicient d appropriate to prwide a basls for our cpinion. In tyjr op1n1 the f(nanelal Slatements.. gwe atfue and fwrvEw of the state of Group's and of the went ch&ble companls affrS as at 31 December 2023 and of the Grwp's incoming resources and applkbn of rwur¢e5, induding sts In¢orne and exPende for the then ended., have been properly prepared In accordance with United rjdOM GerrallY Accepted A¢thJnting PraLtice', and have been prepared in accor wth the r¢qulwents ot the Companies Act 2W6 and the Charities Act 2011. Re5pon51blllt4as of mtst¢e¥ expldned more the TFu5teey' responsibllities statemenc the Tru5tee5 (who are aso the diredors of the tharmable company for th¢ purpose5 of company lawl are reSponb fty the prepation of the financ1 ststements and for belng 5atisfed that they gNe a IDJQ and tsir view, and for sud) intern o)ntrol the Trustees detemine 15 nettssary to enable the prepwitJn of finandal Staterrnts that are frte from Materi mtsstatemeThL whether due to fraLHI or error. We have nothlng to repLKt in this res¥d. Oplnlon on other matters prwcrlbed by the Companies Act 2CK)6 In ¢)ur opinlen, based on the wuk undlkn in the course ofthe audlt.. the infomiation given in the Trues' report for the financi year for ¥thich the financi sktements prepared con$tent wth th¢ flnan¢ statements. the Tr$, repNt has been In preparfng the finantil statements, the TFtLStee5 are resporysible for 3ssessir¥J the Gffxjp's and the paren¢ (*wtt cc¥mpanls abilty to contlnue as a going CCem, disdc6in91 as applir4lAe, rnatt$ rtLitsd to golng concern and ng the gn9 eoncem ba8ls ot Conelu$lons retatlng to going concern In audthn9 the fInana statsments, we hwe ttfiduded thatthe TnJstees' of clmchvrch
Jo Annvot Report & fingn¢id sto1nts 2023 aciyJuntry the Trusttts ether to Ilqvkkte the Grw u the parent (Pa or to ceasé eration5, or have but tts d¢ X. Ihe &oup statr& procedures incknded bu were ncl 6mitsd t•. Use of(w reFK)rt This rwt is made soldy to Enqu4y èf managemeTht thtsse dwrtab comyws mefflbe as a cWed h7th gtyemare . in accorda Chwter 3 01 acthal and pthn1.. iilvjatth aThJ Part 16oftheCryth Ad 2006, and clams inc"Udj tanCeS of non to the charitth comparby's tyU5we5, as with a tb2dy. Part4 olthe Clwilie5 (Aecowits )d Reports) Re9Jbtbns Z008. Ch ReMwIng nwnuies of meth95 of wdrt %4x)rk h¥ been sts Ihat those tharged with go¥emarK¢ we st to th¢ tharita)le e a¥alable'. cowls menth those matter5 legal expernJ(ture ffj t e requlreé to state to them in ai year to identty thStsntè5 of Audit£¥s' rwrt and hr tho Olher ncffj<ompliaKe wth 1kn¥s aTr purfrtxe. fo the fvlle5t extent pemitted re9ulation5 and fd., by , w¢ th) nat accept crf Rthin9 fin4rfW stat¢m¢rt resp1.11 to anyce thèn th¢ ¢sdLur¢s and twing ¢hanrabk compaThy its mbers, as supportiNJ abody, for0urDt forth15 fwL assem wilh 4Trplir or for the Op1)r have fcfmed. W5 and r91110n%,' aThl Perfrjming autht wc¥ ¢)btrthe rtsk Audkors, rewstsllyes for ts dud 01 th¢lInrI 5tarements Ow objecfve5 reaStr assurance knjt 4¥hethei fir0 stants as a are frtt frcm fraLwI Dr e¥ror. and to tssue •Th Au¢Strxs' rewt Ilot itdudes ¢XY RèasDnable •ssyre s a hJh level ot &wrartce, bui ra a gutte that an Sit tonducted in x£ordance with15 (UK) 11 atrRys daect a maienab misswem¢ni ¥¥hen indivty or the aggegate, they ould reaab t ey4)Eaed IC+ the eeofiomk decisir ol Use takn (x) the b•5¥ of these contr$. IndudiNJ testtho ofwmdl entrits and 01h evaluailn9 the busviess of significant Ie9 ui¢lud5r9 ITrArt, instsnces ol Th<pInce LAWS d Teguwlions We desi97 preeedffts ID lffté with ¢ur re¥nlI¢s. 40rl course of byshxss and rÉvithin9 for btha cl PI¢F Smlth CoowAudf( Umlkd Ilb rtspcct ol irreguLwth5. dudlft9 15 the Tewsblity of &¥(vWAudkors fraud. Tho extenl to ¢JLtr mana9effertwith o¥as¥Jhtofthose pro¢edur¢s •r¢ Capab c4 dettty dwged th govwwtt, to ¢nswe that 158 Edmthd Strttt ivreguL¥lW indudin9 s detailed th¢ enbtys e cLduded mhaM actde vnth the prov&lons d iiws B3 2HB Ind re9uMions and for the weven)Th 8ased on Dur underw¥tsry of the aThJ¢jetECli( of trnLJ. Ccfflpary and Group n¥Art of th¢lr t)aW. 11- SepkntsLr 20Z Fat1. key Iws •nd T89thonSthat BeclSe ofthe irtherent lirTktatstiThs of èn we Identified nduded,. dit, th¥e is a risk that we ill n( éetrct 1 ltyegldl5, those lead¥i9 a rrAterial mkntal¢rnent kn the fmancial statemerts or non<ryllanc with regkknns. Tlis r increases the e that ¢omplwrK¢ with a law Qr reguthion rerno frrffi the aid reHeLted In the In•kial 5taiernents as we 11 be likeky Charitses Au.. 1egts1ati'. He4th aid salety and ryWent Dats leois4ts0n'. Safeoudry We Wenttfied ilth Dw<owlwc¢. The dsk ts also gr¢•ter Jd crynpkance knith laws )d rega1 irr¢gukFiirtS )¢fx¥fing to rts3ul4tKts re&4ted lo.. fraud rather as fraud invd¥es iThtention81 coIItsi(¥L resFwI ol Orni5s¢n ¢Cl)Urning Judger(nts made. fvrther de$CrriF ol re5PWtAMtties for the of the ancièl statsments b)rated the an¢ ReportH)g coun¢,$ v4eWre a W.O.uaudIfOtsresP0rbtrt5. We f¢cused on thgse th&t Cjk1 This dexripiion fm5 pal d o r*se to a M#twI misstatewt r•pM. and Postin9 of thuSU )tyJrnab Qr
Annual Reptsrt & Financial Statements 2023 31 CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES INCORPOKATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBEIt2023 Grer De5i9nated Restricted fuyd5 funds TDtal runds General Designated Restricted funds funds fvnd$ To runds 2023 2023 2Q23 2023 202Z 2022 2022 20?.2 Nate ITome fvorn.. [knati and IW¢s Ch4ri¢4We actthiles 958,868 281,039 1.s61 1.241,468 855.989 303.747 2.920 1.162.656 59,387 12.477 71,864 32,114 14063 32,114 OthertradlrKJ a(tNthes In¥estment Inc¢)rne 14B63 7,357 1.04Q,475 7,357 647 647 Told incorne 281,039 14,038 1,335,552 8W750 303,747 2,920 1,195,417 Eypendknre on". RaIng funds- tradln9 acknts 74 aritstrAe athvities 7b 4,069 4,069 ID51 14P38 1,Z45,405 938,335 14.038 1,249.474 939,386 t.051 2,920 7,9,055 2,920 1,050.106 1.031,799 1.035,868 199,568 107,800 107,8(X) Totsl expthdibn 199.568 NEt IrKorr¢ / (wtrArel 4,607 57.853 81,471 1578531 86,078 150,6361 195,947 145,311 Met rn¥em•rt io knds 62.460 23,618 86.07B 150.6361 195.947 145,311 RetthKifwYon of fijnds.. Ttst fiJn& fcth-*d 3.006,333 404,854 191016 3.603KK13 3,056,969 208.7 191,816 3,457.692 TO1 tyrfed f¢n¥ard 3.068,793 428,472 191,816 3,689.081 3,W6,333 404054 191AI 6 3,603,¢J03 The Th)tes on pages 34 to 47 fomi p4rt of these fknanCl Statern. clmchvreh
31 Amuol Keport & FinclaI Stotements 2023 CONSOLIDATED & COMPANY BALANCE SHEET AS AT31 DECEMBER2023 Company numbeii 059999 Consolldated Company Note 20Z3 2022 2023 2022 Tangible assets Investments 3,047,074 3.051.349 2,862.711 2,86&805 12 3.047,074 3,051,349 2.862,712 2,866,806 63,417 516,570 1(K),CAJ) 679.987 97.816 504,673 57.520 492.OSS 1C#),OCK) 649,575 97,579 492,S88 Cash at bank and in hand Inve51ments TOTAL CURJI ASSEFS 602,489 s,167 Crnthb)rs'. amounts fling due wtthin one year 14 137,9801 150.8351 139,5451 159,5101 CLflHENT ASSErs 642.¢J)7 551,654 610,030 530.657 TOTAL NEf ASSErs 3,689,081 3,603,CK)3 3,472,742 3,397,463 IXIRffY FUNDS Rtricted funds gn4ted fvnds 191.816 428.472 3,068,793 191B16 191,816 428,472 2.852,454 191.816 404.854 2,8W,793 404,854 3.C.333 TOTAL FNDs 3,689,081 3,603.W3 3.472,74Z 3,397.463 The net ent In knds lorthe year was £75,27912022., £146,362). TNstee5 knoedge thek respJn$lbil((*$ tcf complyts)g the Ygqulr¢ments of the Actwith re5peLttC+a¢¢wnliryJ records and prwafjon ot ftnanrtsl 5ktsments. The Inanaaj swements hwe prepared in xcoréan¢e with tho provl$lons appllcable to entits5 subJe(t to the smll compan regime. The stst¢ments w¢re aFproved athhorised kn issue by Trustees on.. 5 Septernber 2024 stqned on thelr behf, by. Martin Stuty, Trnstee The notes on pJJes 34 to 47 fomi part ofthese firn¢1 ststemen
Annval ReFJort & FirC4d Statements 2023 33 CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 Nots 2023 2022 Cash fltyws from (Vernn9 actlvld¢s Netcash Ltsed in op¥ating acti¥t$ 18 204,345 234.267 Cash IIow5 from Invtstlng artmtle Payments to atquSre Icfig4ern money market depcLsit oceeds from the 5th oltangible fixed assets Purithase of rthjlble fixed assets N¢t ¢•5h used In lThve5tin9 19 {100.rt01 192.4481 1192,4481 (16,886) 116,8861 Cash flows fftsrn financlng lvl¢ies Ryyments of borrowng Net cash byl{us¢d In} flnondng actlvrtles amnge In cath and cash equalents In the year 11,897 217,381 Cash and t45h equwdents atthe be9innir¥J of the year Cash And cash ¢quIvents at th¢ ¢nd of the year lset rhe 19) 504,673 287.292 516.570 504.6/3 The notes on pages 34 to 47 fcfm w ofthese financld Swernent clmehui¢h
NOTES TO THE FINANCIAL STATEMENTS Far the yeor ended 31 December 2023 General inlormalton ChrLsti Life Minisiries is a wwats limtied rnpany, Ilmtted by guayantee and Incorpwdted In within the Untted ngdom. The addre$5 of the registered office is 9wen tri the o)mpany )forMatI of these financi slataments. The Coftwls r¢gistration number is 05999919. The members of the Company are the Trustee5 nd on pa9e 2. In the event of the Company bdng wxwnd up. the liability in respe( of the guarantee ts Ilmited to £1 w méftknrof the C<ThnY. Accounting Policies 2.1 Basis of preparation of financial statements The ffin4rkial staterynts have been prepared in accordartt with the CTrwtbes SORP (FRS 1021 . Ac(x)unting and Ren9 by Charities.. Statement of Recommended Pr3Ctice applicable to preparw)g their a(EouDts in ¥¢Gwdgmce with th4 Finan0 Reporting Standard appEIe in the UKand RepublK of IreLand IFRS 1021 leffective 1 Jarwj 20191, the RnanCI Reporting Standard applicab in the iK and Republk of Ireland IFRS 1021 and Conw)1¢5 Act 2006. ristKin Lrfa Mlntstries meets the definrtion ol a public benefh entity urvJ¢r Ffs 102. Assets and liabilths tecogn15ed at h14t¢ri¢al cost ortransathon vue unless otheFwBe stated In the relev accounlng policy, The Conlted siatement of fiwcil actDiitles ISOFAI and Ccffisolidated Wan¢8 Sheet CCfi5dldate the financi staternts of the Crmwy and its gjbshliary undertaA5$. The resUS of the sthldkrie5 we consdidated on Ilne by Ilne The Cvmpany has taken aokntsge of the exernptton k)Wed under section 408 01 CompaThies Ad 2006 and has not W¢5ented rf5 Statement of fin041 l¥le$ in these financi 5taternents. The preyntatlonal cuprenLy ofthese fkn4JKW statements i% Stwl'ThJ. amounts hove been rnded to thè nearest £1. 2.2 Goi4g concern The Tw5tees conthler that the Group is in a ptssiti¢n to meet ts obligati& as fojl and that use of the gokn9 bas is therefore apW0pte to the Pparation of these ut& 2,3 Income All hcom¢ 4 1eccsned ¢rte the Cony4ny has entldement tg the income, k Is prcb•le Ihat thg h)¢orne be rec¢ed and the amount of Irthme rIKewab can be Iasured rell4bty. The re¢ognknn of Income from legades Ls dependent th e5tabllshlng entiwement, the probabllty ol recelpt and the abilty to estimate with sufficient aeoJr4w the amount re¢elvable. Ev1dert of entidement t• a legacy eXts vthen the Cornpany suffident evldence that a 9fft been lefttothem Ithrtyjgh knedge oftha exkstence of a ¥Id wlll and the ¢kath of the benefartorl the executor satlsfied that the propety In queston will not be requir& to safjsfy claims in the estate. Receipt of a legacy must be 09nd when it Is pr¢bable that it I11 be rt¢ewed and the fair ¥ue of the amount re¢eivAe, whlch vdll genelY be the expttted t8sh arnount to be dlstrib¥ted to the Company, can be rellthy measured. Donated 5ervlces orillties are reani8ed wn the u)mpany haseontrol ¢)verthe item, any£cdItiOns associated wth the dunated rtem have been meL the receipt of economic benefrt from the ofthe company of the Item is rthble and that economic benefit can be me45ured relLabty. In accordance with the Charitses SORP IFRS 1021, the gener volunteer reCOgned and refer to the TTUStX5' report fL Infeffion thelr cffjffibubon. On receJpt, donated prof&rA Servw and tac41it1es are rec¢gnised on the b45is of the value of the gwt to the Companywhith istheamount itwould have been willing to payto ob0 Ser¥e$ orknlitiesof equivalent benefrt on the open m*ket' a corresponding amount k then reco9nised in expendire In the period of rettlpt. IrKome tox recover&1 in relatK)n to donations under Grft Aid or deeds ¢f ¢ovenant Is reugnlsed at the time oftl¢ dor)atio Income ftx rKoverabk n reLalon to irwestment irKx)me is rtto9nised at the tlme the invethent irKcffie is rerewable.
NOTES TO THE FINANCIAL STATEMENTS 35 For the year ended 31 December 2023 I)rne in re5Wt of confererKing are reoJgni5ed on the delivery of the event Grènts are aecounted for under the ac£fuds model as pemrf¢(ed by FRS102. Grants of a revenue natrjre are reco9nked in the Consolidatsl statement ol activthes in the sarnE Per thB Telated expendthre. 2,4 Expendibjre Expendltwe 15 recognised oncé there L8 a le9 fm ¢onstru¢tlve obligèfjon to trsfer econwlc benefft to a third party. V( is prcèable that a transfer of tttsn¢)m benefits will be required in sddernent and Ihe amunt of the obli9ation L3n be rneawred re1kly. EXpeThdttU $ d#ssified by 4¢tNty. The (yJsts of e4¢h aaivrty made up of the of dwect Costs and shared costs, indudihg supporttosts invow in Urlderkng each actsvty. eosrs attributable to a sin9le actkvbty are aJloEd diredy tothat aLtDity. Shared $ts whith contrib¢ to rnore thw) oné aLINity and support msts whlch are not hbutable to a single atlvlty aTe apportltsned betsveen thr>se acteS on a basis consistent with th¢ use of resources. Centraj staff costs ¥e al¢cated on the basts of time spent, and depre(in tharges located on the pttrlon of the asset's use. Exp¢riditwe on roisiryfimds Includes expenditure incurred bytheGroupto ralse fvnd% f¢r tts <1¢ purp(tses and Indd costs of ¥1 ndrall9 activities events and noTrth¥itknle tradlng. Fxpendth on dwrkble athitles and Sycmance sts ue costs irKurred on directy dertaknng the acte5 whKh futhtt the Gr<xJp's d)jective5, as well as 50ciated support costs. l expendthre is IrKluwve of irrecoverthe VAT. 2.5 Interest recelvable Interest on funds hdd on depot iTKluded when retrivable and the amount Lan be mtssured rdwbty by the oup; this is normlly upoTh notification of the inteRst paid er Payab by the irtstth with wkKJm the knd5 are depositcd. 2.6 Taxatio Tho tharity is exwnpt t¥ on incorne •)d gn$ falliry wthin Settk 505 of the Taxes Ad 1988 or secbon 252 ofthe Ta%at)n of Th¥geaNe G&ns 1992 to the eXtt tKat these are applied to its rharrtth obled& 2.7 Tangible fixed assets and depreciation Tangible fixed &8sets are initidty r¢niSed at cost After r#ognOn, under the cost model. tsnglble fixed ets afe m¢asured at (tsst kn aUmd deweciation and any accumulated Impwrrnent losses. All costs incwred to brin9 0 tsryble fixed et into Its Sntsn¢Jed wrking condluon shoukj be Indud¢d In the measurement of ¢05t. Ateach repoiting datethe CompaThya5sesses whether there is)y Ind1¢atk of impairrftent. If $uth indicalon exl the reTable amount of the &8set Is determined to be the h¥her of hs f&r vue less costs to sell and Its value in use. An impairment 1055 is reco9n&ed in the Consolidot¢d statement of ffnandd acMRs, wh¥e the tojrying amount eXed5 the fecoverabk amount. DeVe¢iat & Ched so as to Jlocate the cost ol tangible fixed assets less the resk11 yue over thelr estimated u5efvl lfves. L7eprecial15 proVed w Ihe IDllthvlng base&. Frethld property 2% thight Ilne basb Motor vehide5 - Z5% reducir¥J baknnce 25% reducSw bakin 25% redutiry b•n 33% redutiTrJ bakince XDtses & ffttlngs PA & music equipment equipment and bsses on dIspoS are determkned by comparing the proceed$ the cafrying amount and are rned in the Consolidated statement of financi actIve A fvll yes depredation L5 made In the yw of acquisthon. FreeW)Id land is not dÈpre(iat•J. clrnchurch
NOTES TO THE FINANCIAL STATEMENTS For the yetsr ended 31 Decembw 2023 2.8 Investments Invesbnents in subSKIrieS are Wdlued atthst less prtswisiorÈ fu irnpaiment 2.9 Debtors Trad& and other debt0 are reo)gnL8ed atthe Se6MentarMUnf aftw4ny trade d15CQWrt 43ffered. PepaDtr valued at the amurt prepaid net of anytrade discounts due. 2.10 C35h at banK and in hand & Ion9-leim bank deposits Cash at bank and in hand Inde$ cash and short4em kN'ghly liqulj investrrtThts a short rn&ty of three rrK)nths or less from the date ol acqui$en or openlng of the deposit or sirnilar account Any knk deposlts held in lthney Market x£ounts matufing thr more than three months fr¢m the balaKe sheet date are presented as 2.11 Lwbil(fle5 and pro¥l$lons Uab1th¢5 are reo)9nls¢d when ther¢ L8 obllgafjen at the Bance sheet date as a res of a past even( r( ' wobable thata transfw of eeonomic benefitwlll be required in sethem&)L and the 4mount of the setUetht can be estimated rcliably. 4bllitie5 are reco9nised at the amount th the i&oup antKipates r( VAII pay to Sett the debt ¢x the amrth r( has recei1d 4$ thanced payments for the goods or services f( must pde. F¥ovi&ons are mer at the b¢st est¥nate of the amounts required to setde Ihe oblwJation, Where th¢ effert of the ttht vajue of mow is materlal, the prowslon based on the present Val of thtsse amounts, discounted at the ye4ax discount rate that refieths the rdL5 5pecthc to the Ilabilty. The Unnding 01 the discount Is rnd Cortsolldated statement offi. xtivite$ a5 a fmantt cost 2.12 Financia instren:$ The GrtyJp only has financi assets and fi[W1bIlfvts of a kind thot qualfy as b£ ffinanci Instrument& Basi¢ vdt instrwnents aye Inthlly recognised * transaetion vdue and subsequenuy mesured at their setd¢m¢nt 2.13 Pen51ons The Group operes a defined contrlbution p¢nsion sthemeandthe penslon tharge represents the 4rn0unts paythe by the fyoup to the lund in resp¢¢t of the year. 2.14 Fund acwunting Gene fun45 are unrestrKted ffijnds whrh are av&lable for use at the dretion of 1h¢ Trustees in ftheanCe of the gerra1 objectNes ofthe &oup and Ithith have not b¢en de%gnated for other Pu. DsslgThat¢d funds comprise unrestri¢Xed fvnds that have been setaskle bythe TnL8e5 for parkw1¥ purposes. The m )d use of e&h deslgnated fund & set out in the TnLStees' ReporL Restricted fvnds arefunds whkh areto be used in a(tordantt with SP¥[C restrictions imposed bydonors orthith have been rased by the GTQUP for parti¢ular purposes. The costs of ralslThg and *Jminlstering 5t4ch frjnds ctwged agakEt the 5pedfic fund. The •m and use of tath resthcted fvttd is set out In the n¢)ts5 to th¢ finandal ststements.
NOTES TO THE FINANCIAL STATEMENTS 37 For the yeor ended 31 December 2023 2023 2022 3. DonaliO¥IS Generdl Dtswted ftethitte nds funds GETrefal 9ated PStrIC[e funds fund5 tunds Toi Total Donatkj 811,391 811,391 714.97? 714,977 WLyonOFfcrfn 238n83 2381J83 264.4e 264.460 her donatknr 1,561 10210 1a880 2.920 13.750 134828 4a956 181,784 13Q182 39.287 169.469 dorAiions 958.868 281,039 1,561 1.24t.468 85&989 303,747 2,920 1,162,656 2023 71)22 4. Charle acNvltle$ Genernl Desi9n&ted Restrlcted funL fiJThdg lun<k Total GeThÈtal Deslgned R¢strlth(I nds funds Totsl (hwth 10 ard 55,387 12,477 71 32,114 32,114 TO Incorne thT<sble 59,387 12,477 71M64 31114 92,114 2023 2022 5. Actyvlti Gencrd De519re Restriited nts futtds Géneral D•s1gDated Restricted funds funds fvnds Tikal Subsl(knrylThYkng kv))rnp 14A63 14.863 expenses 14,06¥ 14,0691 11M511 11P511 N¢t In¢4rne from trdlng actlth•¥ IQ794 10,794 11,0511 2023 2022 6. Ifiv¢mat)t Incorne Gener Deslgnated R¢5trtttod nd5 fun45 fundF Ttstsi n41 D¢s1gn3trd AeslActed fvnd5 fuTrd5 Total 7,357 7357 647 647 N•t In$1m&* lTrcome 7,357 7,357 647 647 clmchurch
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023 Total Resources Expensed 2023 Totsl Zozz To Direct Support Costs Direct Dsts pport Llnrestrirted. generdl funds 7& Cost of genern¥ng fvThds- tr4dKJ activ]eS 4M69 4,069 1.051 1.051 CthDrlkble acttvMle¥ Christ-cenj corrtfnunty 263.746 130 331,876 2M.302 52.530 29&832 187.47$ 51.259 23&734 169,$48 38,835 208,383 122.466 28,028 15Q494 157,862 21,306 179.168 mlnlYatknn & 27.048 275,296 302,344 22.955 2Z4.533 247.528 T1 Lknlablq acb¥M¢s 600,735 422.713 1,023.448 594.707 337.204 931,911 8,351 8.351 600.735 431,064 1,031,799 6,424 594,707 343.fjZ8 424 7b. Totsl UTrr•sbict•d. G•D¥d 938.335 20Z3 Tot 20Z2 Total costs Dlrt osts Support Costs Plrert sts Supptyt CQ5t5 Deslgnatod 7& Cost of g¢n•rafjry frJnd¥ th¥1bl comrIty 47,736 15.740 63,476 41.653 18,591 6Q644 spirU 27,8S0 5.780 33,630 18,537 3,140 21,677 77.026 S,780 82,806 2Z,339 3,140 25,479 19,656 19.656 TOW th&rf¢able xllTrAdes 152,612 46,956 199,568 82,529 25,271 107,800 7b. de¥¥hii•d 152.612 46,956 199,568 82,529 25,271 107WO 2023 2022 Direct 5uppvrt Offect Support ¢Qsts Restrltt•d 7& CoAtot9¢neMOryy Chrftyble 14,038 14,038 2,920 2,920 Admw1istr4ti & buSldiny¥ Ttyl th¥ltsble 14M38 14.038 2.920 2,920 7b. rtstrcled 14.038 14,038 2.920 2,920 1245.405 1,049,055 Many clCLM'$ me9(lI benth anumberofdthrertrleas and their costs are altXed the IS15 ofthatr$ Cast IrKILleg an eleffnt ofjudgwrentand th (IM hès tocorLsWerthe costknnefft ofdelled and keepkyg in e(nai¢ 0ftheattrthUtse
NOTES TO THE FINANCIAL STATEMENTS 39 For th year ènded 31 December 2023 Audhots, remuneratKJn 2023 2022 Fee5 payabk tothe Corrpèry'5 auditcf th¢ audit ol the Grwp's annu a(tJ)unts Q5 35Q StaFt costs oup Cornpany CoMnY 2023 2022 2023 3022 Wages arieS 588,246 504( 588,246 48.177 42,494 48,177 42.494 ContiibutKn to 4lkned contdbution peth schemes 27.396 20, 169 27.396 zq 169 The avera90 of persotL8 ¢ry>byed by th¢ Company during the year fdl Group Group 2023 2022 No. All time wH)r pastor Part time senior pastor FLAI tirne mInty suppryt Part the min&ty support Full Im¢ support stsff P4rttthe support staff * clm¢hvrch
NOTES TO THE FINANCIAL STATEMENTS Ftsr the year ended 31 December 2023 Th¢ average hea&ount expressed as fjjll.time equKvalents was.. oup 2023 2022 cJrth. Pstor 13 Chwch. Athnlnblwatbjn Trnthng $thIdry No employee Ned reInUneO amwnfjDg lo more than £60,000 In ehher ye¥. Trtee$, remuneratlon and expEn5e5 Ou9 the year no Tn¥tees recefved remuneration or benefrt In k4nd fortr1rdut$ ¥ trteel2022.. Twstees lindewdent andth¢)se 5thried roles) may In¢T expenses in fiJIlln9 thtlrdutie5 as atrustee and Ihe SOPPrequlres dixb5ure of $u¢h expenses. During 2023 m tnjstets had expen5e5 met by the ch•lty In fiJlfillln9 their dube5 as a tNstee Kl the totsl amnt relmbursed to trustees or pd to third parties VA5 £nll120zz.' omLStsesw. Tanglble fixed assets Group Freehold property Motor vehicles Rxtures and flttings Totsl At I lanw 2023 3,258.688 7.165 514,896 3.780,749 Add1()5 92,448 92.448 tlisposl$ 115,9581 13.9401 It9A981 At 31 De¢emEw 2023 3.242,730 7,165 603,404 3.853.299 Depreciatlon At 1 January 2023 305.220 7,165 417,015 729.400 Char9e fcrthe 35,054 49,097 84,151 Ckn dPoSI1$ 13,5101 13.8161 {7,3261 At 31 tyecember 2023 336,764 7,165 462,296 806,225 Net book value At 31 fknmber 2023 66 At31 L*ents202Z 534
NOTES TO THE FINANCIAL STATEMENTS 41 Fot the yeor ended 31 December 2023 Compy Freehold property Motor vehicles Fixtures and fittings Total At 1 Janw 2Q23 3,074,868 7,165 508,460 3,590,493 Add(5 92.448 92,448 Cisposa 115,958) 13,9401 119,898) At 31 DMtr 2023 3,058,910 7,165 596,968 3,663,043 DewedatloTh At 1 January 2023 305.220 7,165 411.303 723.688 Charse trthe year 35.054 4&916 83,970 disposaLs 13,5101 13,8161 17,3261 At 31 Decerrer 2023 336,764 7,165 456,403 8W,332 Net book lue Ai 31 Deceml)er 2023 At31 Dember2032 Induded in land and bJildlry5 19 freehoh4 land of £5,0)12032.. £5LX),OLV whlth 1$ not deprecHt¢d. O clm ehvr¢h
42 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 De¢ember 2023 Fixed asset InveStMts Investments in subsidiary companies Compny Cost At 1 Jarw 2023 At 31 tkcember 2023 N¢t book At 31 December 2023 At37 Dwthr2022 Forffiuther dthL8 tsl Subs&e$ see note 23. Group Gr¢ Company Company 2023 203E 2023 2022 thje within om y Trade debtors 5.645 Other debto 23,722 25656 23,621 2S.419 PrepaymeThts and xKxued fftcDme 13.703 11,870 13,55Z 11.870 Tx reo)verabl¢ 20,347 6Q290 20.347 ring 2024, ofthe amounts $w as ta¥ recoverabl¢, £16.347 hwe been refved fmx HMRC. 14. Creditors.. Amounts fallin9 due withirj 4)ne year Group Company Company 2023 2022 2023 2022 Trade creditors 5,949 6.598 Amnts owed tr) grtyJp und*tskJngs 8,012 12,912 5.419 12,702 1,973 IQ469 Other <seditor5 8,149 17.727 8.136 17.727 AccDJa& and defeThed Income 15,408 14,457 14M26 14,413 510 SVP has no defetTed inwme12022.' th14 atthe balanc¢ date.
NOTES TO THE FINANCIAL STATEMENTS 43 For the year ended 31 December 2023 Statement ol frjnds alance at l January 2023 Balance at Transfer 31 Dec. 2023 Income Expendlture Unrethcted fiJnd$ Designated fvnds Spmtual Plouse {Exn9 nIStsf¥S Mwonsl 48,1 148,OCX)I Mlss¢yial Advanttment 115,390 92.432 1116.1)461 91.766 Physica House 70.000 120,fi451 49,355 MultipliratDn (Pwlng f0rTonh%ro1 289,464 70,617 172,7301 287,351 Transfer to 57,853 1$7.8531 404,854 281.039 1199,5681 {57,8531 428,472 Generd ld$ GeneFal Funds- all unrestricted fvn¢Ès 3,006,333 1,040,475 11,035,868) 57,853 5,068,793 3,411.187 1.321.514 11.235,4361 3.497.265 Mi%sional special offerin95 Mksion hardship payments 14,038 114,0381 Bullding fund 191,816 191,816 R¢strlthd fund5 191,816 14,038 {14,0381 191.816 of fvnds 3,603.3 1.335,552 11.249,4741 3,689,081 DLS ofdesgnated knd5 are Prtyed in th¢ Tr{ee5, ReporL Det&k of rericted fvnd5 are set OLrt below.. M155knnal Sped offerlng Monie5 donated were drtsd to thelr swthed thwity. Hard5hlp fund All monles dcfid to the H¥dthip fund wett pd out in the yw. as dthied in Ih ArwKe Sect ofthe Tntstees RWL BulldlA9 thjnd Offerings of thurth membs sped fr)r the buildln9 are i¥edited to a rected fvnd. The fvnd retakned rq)resents wt kn¢lkng of the cost olthe freeId Kwoperty. clmchurch
NOTES TO THE FINANCIAL STATEMENTS For the yeor ended 31 Decembe¥ 2023 Statement of lunds cOrnued- prlor year l J&nJhry l&rJLe 3t E¥pendthre 31 Dec. i022 EQEE Income Llnrethcted fijnds De51gnBted funds SpirittA Htsuse lE$tin9MLe5 48,000 148,000) Missil Athanttment ftkwOpportunthSS 86,903 88,287 {59,8W) 115,390 1 ZZ,IX)4 167,460 289,464 Toa de5igndtEA funds 208,907 303,747 {107,8() 404,854 General unr¢strkted fvnds 3 056969 39 386 Geiicidl Fufrtk- uniÉyLrid(yd To131 Unresirfcted fvnds 3,265,876 1. 192,497 (1.047, 186) 3.411, 187 '.415sioh offeriTr9S Mission COVID hardship payments 2,920 <2,920) 191.816 Buildin9 fund 191,816 791,816 2,920 12,920) 191,816 Total of fvnds Summary of funds Summary ol fvnd$- CUrt ye¥ Balance at 1 January 2023 Balance at Transfer 31 De£. 2023 IrKom¢ Experwjiwre Gener unrestricted funds 3,(X)6,333 1,040,475 11.035,8681 57,853 3,068,793 Designated fvnd5 404B54 281,039 1199,5681 157,8531 428,472 Restried fvnds 191B16 14,038 114,0381 191,816 1 249 474
NOTES TO THE FINANCIAL STATEMENTS 45 For the year ended 31 December 2023 Summary otfunds- or year Balance at l Jaouary2022 hL¥me Eyenditsre 31 Oec. 2OEE General unStri fund5 3,056.969 888,750 (939,386) 3,006.333 gnat¢4 fvnts 308,907 503,747 IY07,800J 404,854 RestrKed fvnds 191,816 2,920 (2.920) 191,816 17. Analysls of net assets between funds ys& of us¢ts bthem fvnds. current year Restrlcted funds 2023 Unrestricted funds 2023 Total lunds 2023 TgIble fixed ass 191,816 Z,855,258 3.047.074 cunt ts5ets 679,987 679.987 Creditors due Ixe year 137,9801 137,9801 AnLI ot net 4$9ets behveen frJnds- wlor year ReslrKted fvnds 2022 LlnresirKted Tot&1 yd.¢ 20E2 2022 Tan9ible fixed &vts 191B16 2.859.533 3,051,349 Current assets credito due within one year 15Q835) Q8gSJ clmehurch
NOTES TO THE FINANCIAL STATEMENTS For the year endd 31 D¢cembr 2023 Reconaliat4on ot net movem¥ kn f1¥d5 to net cash flow frcth operalirKJ actNlties Grtsup Grotsp 20Z3 2022 Net incclne the year las p2r Slatement ol Pinan0 Actle5) 86.078 145311 Adjustments tr. Deyedation thèrgE5 84.151 69.826 IProfftl I loss en disposal of fixed assets 12,572 lkncreasel I deuew in debtors 34,399 21,304 (Detyeasel In (12,8551 {2, 174) Net cath pmlded by optrating W#tieS Analysis of cash and cash equlvaients Group up 2023 2022 Cash at bank and in 516,570 504,673 Tot cash and euh ¢qulvdents dItitin, as * 31 Docember 2023, the C¢mpany held £1CL),(JX) IZQZ2.. £nll In a bank mOrY Market accountthat matures on 6 November 2024. In accordance wth FRS102. the amowt ha5 been presented as an inbstrn¢nt rnther tkwi a cash and cash ewivdenL 20. Analysis of changes ITh net f45h l {debtl At31 December 2023 At 1 January 2023 C45h flows Cash at bank and in hd 504.673 111,897 616.570 111897 61 570 21. Pension commitments The Group cctributeS to a defined contrbutJns p&)sicY) scherne on behaf of S ernptyees. The assets of the scherr ale held sepatety frem those of Ihe group In IndependdY adrninistratsd funds. The pernsbn cost Charge represents canthbut5ons payable by the group to the fvnd. allocated on the same basis as the payroll, and amounted trj £27,396 12022..£20,1691. C¢ntributKsns tOling £6,71912022..£300 were to the fund otthe balaKe sheet date and are Induded in ut¥estr(ted creditots.
NOTES TO THE FINANCIAL STATEMENTS 47 For the yeor ended 31 December 2023 22. Related party trnnsion$ maTn Storey, a Trusttt. received gtoss remuneTation of £54,46812022.. 52.7441 and p2nsion contributiotL5 of £2,723 12022.. &.6371 during the year In hls Lapacity of Senior Pastty. Esther SreY r¢tyived 9ross remunerathjn of £36,35612022.. £91.9221 and penslon Cont1$ ¢1 £1 @18 12023...596j durlng the year in her wt-tlme employ? capaaty of Senior Paor. Matthew Dav4 a Tnjstee, recelved w remuneratlon of £36.5441202Z.. £28,585) and nSn of £1.828 12022.. £1,429) during the year in h& part-time employed Ixpaoty of GenerJ Mwwger. tJring the y¢ar r¢tirernent beneffts accrnin9 to 2 12022..2i trues in r&%pert of defit)eil ¢othbut5 pensi¢n sthew. The age94t¢ ylue of dMation5 r¢de by the Trustees during the year, where known or deda. arnounted ty £52,575 12022.. ffi1,2771. 2023 2022 164.253 144289 EMPk)S nafjonal Insur)c¢ 17,641 1&316 Emploss Perlon contrfbuttons 8.213 7.415 In the y wded 31 December 2023, there are foLY members of staff Considered to be key mana9em)t in the 9foupi Martin & Esther Storey ISenle P45torsl. Matthew Dams (Generd Manayrl and Gary ffrerer). 23. Prfncipal subsidlarles The following were $ub5h4iary undertakings of th¢ Company. Names Company number PthElP acuvlty Holdln9 Irluded In consolldafj¢n 05862264 100% CLME Ventures 04132735 100% Chrisban fe Mlnlthes owns al the share Cap1 OFCLM Enterprises Umited and is the sde of CLME VeThbJr•s Urthd The registered office lorthe akn entid¢s 1$ The Wekorne Centre, Parkslde, Covty. CV21 2 The results of the Subsid1¢S for the year were.. Irme Exdl¢ PrEfftllLossl tor the year N¢t assets I 14,863 14,0691 10,794 {177,2721 CLME Ve5 Uned 209,792 clm¢hurch
clm church CLM Church1479arkside I Coveniiy CVI 2HG ipJilw.clmchurch.co.uk