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 BO￿on Nlgel Davis Andrew Hillier james Ombudo Olwett Ihama Andrew Malc¥)e appointed 22 Fe￿Uary 2024 appointed 22 February 2024 reslgned 30 March 2023 ap￿nted 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 t￿rnfrie$ 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$￿ Pastors This is CLM Churthl 04 05 06 Tru5t¢es' report Our Purpose & Han Strategic report F05tering Christ centred communty Nurturing spiritu￿ growth Effertive mission 06 08 09 14 16 18 Racial Justi￿ l Reaching wider l Multiplication The Numbers- Financw remew 21 25 Structure, govemance and management Trustee Director5 responsibilty statement Independent auditors, report Consolidated ststement of financial actwtties Baknce sheets 28 29 31 32 33 Consolidated statement of cash flows Notes to the financial statsments fo clmehureh AnrKJal Report & Financid Stotement5 2023 Message from the Senior Pastors It has been ama21ng to see what the Lord has done among us as a lo(al thurth over the last few years. We truly thank God for His grace towards us as a communty of believers and the privilege ￿ continues to be to see lives tTrrsformed and God's Kingdom comel In 2022. we began to speak about a changing 'season'. Our vision as a churth, to 'bring the Kingdom of God to every life and sphere of society, hasn't changed, bLrt we sensed the Lord speakin9 about a new season of 'Maturity and Muttiplication,. We pereewed, among other things. that He was leading us to mU￿p[y1 by establishing new sftes beyond the centre of Coventy. In 2023, thls became realty with over 150 people, frorn CLM'S central site, momng to a new church site 'CLM Coventy North,, which launched on Sunday 5 N¢)vember. ￿anS are also fonning as we seek to 'incubate' a work in the town of Northampton ahead of a churth plant. By God's grace. we are definrtety moving forward. We are also seeing 'maturity' come to pass as a ministy, with more and more leaders and thurthes around the UK lookin9 to us for help and advice as they seek to grow and take 9round. We were again deepty 9Bteful for the many hund￿d$ 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 ServI￿S again reaching capacity. We are deeply gratefijl to God for His f￿thful 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 & FIn￿CIal 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 dIffe￿fit 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. I￿er 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 M￿￿100 Ci¥ Prai* afftdfknr-ho￿ MotoFe*Jwrt 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 Christ￿Trtred 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, gC￿d$ 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 soc￿1 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 m￿15t￿eS are confldent that the thurch has advantrd the Christian faith. £L￿V$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 reqU1￿Ments, 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 Repo￿n9 Staftdard applicable In the UK and Republic ol Ireland IFRS1021 (effective 1 January 20191. Since the group and the Company qL*alfy as small under section 383 of the Companles Att 21YJ6, the Group strategic ￿pOrt required of medium and L¥ge companies under the c￿panieS Att 2006 (Strategic Report atEd D1￿ctors. 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 mukip11￿kn', that we Present our strateg1¢ repoyt for 2023. As the ehurch entered 2023. many ministy areas continued to see subStan￿al 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 'inoJb*e' 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 | N￿nbU2023 Annual Report & Finc￿¢1￿1 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 ma￿Y 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 Cu￿ent 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 infraStr￿tUre 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 Con￿nUt 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 Congrega￿on Tetum to in person gatherings, 'Church Online, rem￿n$ suth a key point of connectSon, lor those who are unable to TrN*e 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 Indwidu￿s who serve acrnss an e*£remety wide variety of roles from gr¢eting on the car part to stewardlng and hospit￿lty. 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￿$Sary 5yndicat¢ roonB for knd'5 work and storage of equipmenL Through the bJance of 2023. we were so encouraged by the communlty of around 150 congregants that established the North site Imthng room at centr￿), and the sense ol Ilfe arno￿￿t our gathering5. As Is the case at our Coventry CentrJ 'main' sth. congregants benef￿ from (tynamic prdise and worship. falth-lnsplrfng. relevant eathing and time to connecL We have akn been able to establksh a very capable CLM lQd's team al The CLM, Production Team plays such an important part in maknng church accessible for ￿1. The team redly prltiritises one of our praebee walw. 'heart for the whole,. Our deslre is that we would be able to Ilrtate d)ur¢h for anyone wlv) Is urAble to attend on any given weèk LqP¢ L•unthrfQM ComNoth. NDveth 2028 Nght.. CLM*Good Frfdéy senlce5-￿ 2023 clm church io Annud Rwrt & FlnL•)ctd Statoment$ 2023 The tearn is made up of around 60 volurrteets who serve across a range of Spea￿l$mS from camera operatin9 to mixin9 audio. MaJ)y of the team membets have beèn tr&ned in- house w￿*h 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 diffe￿nt 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 S￿daY 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 p￿ded over 125 different age-reLited crea￿ve act5vthes that fostered the Spiritu￿ development of CLM'S pr¢-sth001 thlldren,. IntrOdu￿d 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 Paren￿n9 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 strC￿9 foundation of age*ipropriale, 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 emOt￿nal 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 I￿Uld 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 actIV￿Cs. Another ￿￿.. "I haiJe Jeeii d Christian forover 50 yeats and Ihave never eXPenen￿dSts¢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 wee￿Y in homes and on Zoom, with the of M￿n9 bl9 thurch fe¢1 small, rooteil In Christ Centred Communty. Helping peoFAe to get better connected wth each other, to grow and be d￿lpIed Sn thelr with God, life gTOUPS are one of the rn￿n 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 rn￿￿n9, 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 COn￿nUed trwning and re4￿Ing of new lile group le¥ler5 and gr￿ps, as demand and need for Pla￿ in new life gr(￿p$ confjnues to increase. Daspite a difficutt he￿th 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 thikI￿n * 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 pr*ical help to a vIl￿ge in Bomeo. In var￿u$ 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 b￿Ssed by this. In DeCernb￿ a Sm￿1 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 Ses5K*ns'. 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 ChrfSt￿ntred ¢ommunty. As well as thls. some nlghts are gathered all together as a W￿er 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, Wa￿iCk 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 add￿0nd tearn has enabled add￿Onal mid-week Sbjdent Connect (Lifel groups to be launthed. In addr(ic¥), Sunday Sessions, our f0ttr1gh￿Y Sun(ky gr￿￿p$ for 11-16 s runs along*de the semJ)n in m¢Jming serV￿e$ 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 peO￿e 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 life*l￿n9 experience for our youn9 adu c￿n￿unty 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 spirity￿ly. Annual Report& Financid Statements 2023 Be￿een 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 P￿tiCal￿ in spirttualty have been covered in these Spaces. Furthermore, around 10 sbjdents rnade the dec￿10￿ 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 ￿$0 continue to consider how to rnaximise our reath and impact by engaging and partner￿9 w￿h other campus socletles, ini￿alIVe$, churches, and students. This can take shape thrgugh speaknng engagern¢nts, supporting at key evangellstic events, financlal and other pradic31 Se￿Ce 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 ttr￿u9h 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 p*trlpaThts 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 a￿n 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 ah￿1 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 m￿nt￿.ned an online fi￿at 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 inVo￿ed 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 mU￿1Ple other ministy speafic (worship, children's, youth} tr￿ning courses through the year. In May 2023 we ran the Bereavement loumey lor th¢ first tSme tsknng a Sm￿1 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 reM￿n wmmitted to monthly 'Prayer & Pwse. gatherings. ￿Ong wth quarterfy periods of '3 Days of Prayer & Fasting, and Encounter evenlngs where hundreds tr*ve 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 reqU1￿ments 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 bO0￿et, 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. ¢EmCh￿￿K 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 1ntemation￿lY both finanaalty and practic￿ty. 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 eM￿genCY 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 chOco￿teS 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 ￿gU￿r 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 Sm￿1 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 1ndlwdu￿l. The tearn sent was comprised of some members who has ¢ompleted mutbple MIs￿On trips prevKsusly, and some embarking on thls for the f￿￿t 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 aCtiV￿e$ Including,. Sport5 Mini5ty (Coaching childrEn, developing coaches, thinating krt}; Business Development (Wor￿n9 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 hospit￿lty, e￿￿Ing M51ting the Gen￿lde 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 B￿lerS Home lor Gcxjd o￿n￿Orn 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. u￿￿nIan churthes, relief to P￿e￿nIan refijgee Twkey and Syria eArthquake appeal. AOG UK Phi T￿￿t (J John), Dignify, Gu*dian Ball￿s, 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 n￿gate Ilfe s challenges throu9h championlng healthy relationships. challenging the norm￿lsatiOn 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 delpverassembl￿s 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 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 oU￿k 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￿ Sessic￿S 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 edu￿￿On on some The Raa￿ Justice Ccrfnmltteè met 3 times in 2023 to M¢￿[tOr the 0u1wtr￿ng of the 'Elder's Cornmf(ment to Raaat Just￿e., Additio￿ty, 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 oUtr￿r￿n9 Ot reguLatiLV) and compliance. As such, the Trustees are comrnitteil to erksuring that the church maintwns a healthy. approprwtety sized and finanCI￿ty sustwnable Staff base wfch which to sustain the ministries ofthe thurth and the ou￿r￿ng of the vSSic￿. An Nations, Ce￿bratIOn 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 PC*ln( 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 ￿thI￿lty, and for rnany, saoYfici￿ty. 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 I￿2022 £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 enWrOnm￿t 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 InfiU￿Ce.. 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 nation￿ty, partigjlarly in prayer and the wophetlc.. and The finan￿ and administration team {induding production, building management and rn￿ntenan￿), 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 a￿ayS 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 Ba￿ett, NaYOn￿ Leader, AOG GB MUI-. IPI_ICATION UPDATE CLM'S Elders have sensed a c￿1 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 (DI￿CtOrs) 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 s￿le 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￿) anr*ual 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 ternpera￿re, and pursue the Presence of God. We are so tIMnkfv/forMarttn andEstherstepping up as Nationa/ftByerLeads lorA￿emb}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 Congreg￿on ¢￿tInued to 9row through 2023. In•wson attend￿ce 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¢teweek perfod. Thwugh the b*nce 012022 and to Ottober 2023 (when the vision offering redemption perlod dos¢d}. a totd of £297,727 was redeemed {73% of what was 0ri9inally pledged), £132,525 of which wa5 redeemed In the 2022 financi￿ year and £165.202 in the 2023 finana& yew. £6?4k 111 53 2Q14 201S 2016 2Q17 2018 ¥J19 20RO 2071 2021 >J23 Breaknng thls do￿. regular tfthes and offerlngs amounted to £811,391, 12022.. £714,977), an increase of 13.5%12022: +10.5%). Unrestrided (but treated as de5ignatedl w5ion ollerln9 receipts totaled £238,083 12022.. £264,460), decrease of 10% (2022.. +26%>. In October 2023. CLM'S elghth vlsion offerSng, 'Vlsion 2023 - Maturity & Multiplication l Moving Fo￿ard,, £381,000 was pledged over a twc*w¢ek period. A of £72,881 was redeemed in 2023 (to 31 Decernber 2023} and a fvrther £82,000 redeemed {to4atel in the period to 30 lurte 2024 (after the year-endl. clmchvrch 22 Annual Repori & Flnanclal Statement$ 2023 2022 Oesigr*ted Ine¢ft* l Fund Anatys 2023 De61gnatsd Income l Fund An F￿d I Fund ?fj4.4vL 392*7 12v4,4 Z38.08? IZ38k431 4￿8 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(jI￿es. 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,de￿gnatCd fijnds, of Spiritu House (Suppor￿n9 CLM'S core budget); Missional Advancement lincluding QM Schools wort Pri50n5 rnlnistry, GuardIan B￿le￿, 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 M￿s1on, 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 De￿rnber 2023, within cash resttves £428.472 12022.. É404,854} of Vision Offerin9 receipts were orried fO￿d 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 p￿dernic. The r￿OrnMendn9 ¢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 actIv￿e$. Cosb, including sa￿ry r#haTges, were £4.069 {2022.. £1.0511. As a result, the business derived a net profft I contribution {S￿e5 less operating costs) of £10.794 12022.. loss £1.051} in the year. ESJSI l riJ'3N IL The thwity Invested £395,352 12022.. £357.4761 in ￿[lItating Christ-centred communty. this includes dired costs assoclated with fijnding CLM'S m ministries, and the personnel IHRI costs of bringfftg leadership (to leadets and release volunteer51 to rninisty areas. This representsd 32% of total expenditu￿ and grew 11 % year-on*￿. A frjther Annual Report & Flnunclol Stotements 2023 £272,36412022.. £230,060> was dSrected iowards Spiritua Growih. refiecting the dirert costs and appl)rt￿)ned personnel costs with associated Sunday teaching, COUTses and other teachln9 rnateria15. This represented 22% of totsl expendfture and 9rew 18% year-on-year. Finally, £247,338 12022.. £207,566) was directed to Effectivem Iisgioii. This represented 20% of t¢)tal expendi￿re and grew 19% year-on- year. As detalled In note 16, £57,853 12022.. fmill was transferred from t)esignated Funds to Gener￿ Funds, being Capit￿ expenditure {in support of vision related Initiatwesl. There We￿ no movements to or from Restrithd Furids. CLOSIFklG NEf FUNtDS The thurch's to￿ funds (parent company), being the total assets of the church Ivthat the charty owns) less tts liabilities (what the charity owes} increased by £75,27912022'. £146,362) during the year to £3,472.742 12022= £3,397,463). Induded v4ithin this was dI￿¢t expenthtur¢ to ¢xternal mission partners, trips, benevolence and hardship caw of £95,637 IFY2022.. £78,781), or £81,59912022'. £65,473) net of restricted mlsslonsltrtp income. This includes the regular support of charftable Organisations Ipage 17}. Staff headcount Churth mlnlstry and support siaff headcount, as at 31 De¢ernber 2023, in¢rea5ed to 19.6 (2022.. 16.2> rneasltred In full time equivalents IFfE). 12.9 12022: 11.11 ￿E'S We￿ deployed In pastor￿ and minlsty reLited ro￿$ and 6.7 12022.. 5.11 FfE's in administration and support fttn¢tiorks. Consolidated funds (Ir￿udIng 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 an￿y$l$ 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 dep￿￿tiL￿, amortlsation, interest at)d ¢orporate taXa￿an. known comm¢)nly as SBITDA. Thls provides the Tnjstees with a close approximatlon of Cash genera￿on, 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 MaInt￿nS 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 s￿￿dIary 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 dep￿ciatIon 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 & FIr￿ncIal 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 insurnn￿s 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 5Ignifican￿Y 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 f￿tseeable fvture. For reason, they cont4nue to adopt the goin9 con￿rn b￿13 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 wh￿h 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 try￿es. 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 fraMeW￿k for an ¢ff¢cbve governance and rnana9ement str(thre. 'CLM Elders CLM Board ChaT 604*mar 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 re￿tIng 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 remunera￿0￿ 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 reMune￿on 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 (d*￿Ied on page 21. Appointment and Re¢TUitment of Trustees The Elders and CU￿ent Trustees of the Church Identify suitable candidate5 who are Invlted to serve as Tru*g¢s. Sultabilty would be based, primarity, on commltrent to thriSt￿ Life Ministries, demonstrated by mernbershlp, re9ular attendantt and a hlgh degree of Invo￿eMent. 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 1ndl￿dU￿5 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 aChIe￿n9 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 finan￿s. 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 'E￿n9 the ￿ngdorn of Qjd into every life and sphere of soclety,. and we seek to athieve this, 'Our Han,, by facIl￿ating.. 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¢ forM￿ty stated wthin the Mernorandum of Association a* to advance the Chrfsiian faith in accordan￿ the st*rnent 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 p￿ts 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 indb*idud 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 MIn￿se5, 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 fin￿al 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 in￿rne and expend￿￿e. for that period. In preparing these flnanciJ st*ments, 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' st*e whether appllcable UK Accounting Standards IFRS 1021 have been followed, subject to any materfaj departure5 disdosed and eXP￿In43d 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 eXP￿n the GTOUP and the Companys transadions and disclose with rea59nable accuracy at any time the ffinancia p0s￿On 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 aUdtt￿S 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¥. PIn which we art rwjred to on the work we have F*rtmed. report by exceptbn t havt not Kkntth2d any nxteri In the light of oui kjK￿edge and urttrtalnles relatiryj to ev¢nts ￿e[S￿dIng th4ritabk ctynp conditions 1nd1¥Adu￿lY and ts envlronment obtyned in the cdlectwety. may cast s1gnffj￿fit doubt cX>ur￿ of the aLvJ¢ we have not on the Group's or the parent charitsble Identffied rnateri￿ rn￿tements In the (x)mpanl$ ability to continue as a going T￿￿tee5. rep conom fDr a peri1￿ of at least tr￿l¥e *Y￿nthS 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 opin￿n. resporslbillJes and the TeSponsibil￿e5 of the Trustees wlth respect to going con￿rn 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 r￿t sited by u4 c the parent charltsbb Company financial statements ¥e not in agreemtht with the acC￿n￿￿ 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 explanatic￿S require for our aud￿ or the Trustees were not ￿t￿ed to Prepa￿ the finan¢il tsternents In accordance with th¢ small companles regime advantsg¢ of the Sm￿1 Compan￿5, 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 ConClu￿0n 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 OtherW￿e appear5 to be matermly mL5Statsd. If we Identify such Basls for oplnlon materfd ineonsthncles or apparent We conducted our audr( In ac¢ordanr m*erf￿ mWtemeTht& we are requyed wlth Int¢nWtiOn￿ Stsndards M All4￿ng to determine wtrthr thi5 gives Itse to mattlla misstatement in the financlal IUKI (1S￿5 IUK)) and appll(able law. Our Tcsponsibllknes statements themsefves. ￿, based on the under those standards are further d¢s￿bed ￿ the we have perfmned, we condude that there is a rnateri￿ misstatement ef Audkor5' reSp￿*bil￿¢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 ob￿ned 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 aff￿rS as at 31 December 2023 and of the Grwp's incoming resources and applk*bn of rwur¢e5, induding sts In¢orne and exPend￿￿e for the then ended., have been properly prepared In accordance with United ￿r￿jdOM Ger￿rallY 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 reSpon￿b￿ fty the prep*ation 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 prepw*itJn of finandal Staterr￿nts 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 und*lkn in the course ofthe audlt.. the infomiation given in the Tru*es' 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 C￿Cem, disdc6in91 as applir4lAe, rnatt￿$ rtLitsd to golng concern and ng the g￿n9 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 sto1￿￿nts 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 sta￿￿tr￿& 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 gtyemar*e . in accorda￿ Chwter 3 01 acthal and pthn1..￿ iilvjatth aThJ Part 16oftheCry￿th Ad 2006, and clams inc"Ud￿j *￿tanCeS of non to the charitth comparby's tyU5we5, as with a tb2dy. Part4 olthe Clwilie5 (Aecowits *)d Reports) Re9Jbtbns Z008. Ch ReM￿wIng 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 ncffjse act￿￿eS on a basis consistent with th¢ use of resources. Centraj staff costs ¥e al¢cated on the basts of time spent, and depre(i*￿n 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 Ind￿d￿ costs of ¥1 ￿ndra￿ll9 activities events and noTrth¥itknle tradlng. Fxpendth on dwrkble athitles and Sycmance ￿sts ue costs irKurred on directy ￿dertaknng the act￿￿e5 whKh futhtt the Grbyed by th¢ Company during the year fdl Group Group 2023 2022 No. All time wH)r pastor Part time senior pastor FLAI tirne mIn￿ty 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 c￿Jrth. P*stor 13 Chwch. Athnlnblwatbjn Trnthng $thId￿ry No employee ￿Ned reInUne￿￿O￿ amwnfjDg lo more than £60,000 In ehher ye¥. Tr￿tee$, remuneratlon and expEn5e5 Ou￿￿9 the year* no Tn¥tees recefved remuneration or benefrt In k4nd fortr￿1rdut￿$ ¥ tr￿teel2022.. Twstees lindewdent andth¢)se 5thried roles) may In¢￿T expenses in fiJ￿Illn9 thtlrdutie5 as atrustee and Ihe SOPPrequlres dixb5ure of $u¢h expenses. During 2023 m tnjstets had expen5e5 met by the ch•lty In fiJlfillln9 their dube5 as a tNstee Kl the totsl amnt relmbursed to trustees or p￿d to third parties VA5 £nll120zz.' omLStses￿w. Tanglble fixed assets Group Freehold property Motor vehicles Rxtures and flttings Totsl At I lanw 2023 3,258.688 7.165 514,896 3.780,749 Add1￿(￿)5 92,448 92.448 tlisposl$ 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 d￿PoSI1$ 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 Comp*y 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 D￿Mt￿r 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 Decerr*er 2023 336,764 7,165 456,403 8W,332 Net book ￿lue Ai 31 Deceml)er 2023 At31 D￿ember2032 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 InveStM￿ts Investments in subsidiary companies Comp*ny 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 T*x reo)verabl¢ 20,347 6Q290 20.347 ring 2024, ofthe amounts $￿w￿ as ta¥ recoverabl¢, £16.347 hwe been re￿fved 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