ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
THE STIRRING, SOUTHAMPTON
(COMPANY LIMITED BY GUARANTEE) CHARITY REGISTRATION NUMBER 1133590 COMPANY REGISTRATION NUMBER 07027499
6 Copse Close Widley Waterlooville PO7 5JS
THE STIRRING, SOUTHAMPTON (COMPANY LIMITED BY GUARANTEE) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
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Legal and Administrative Information 3
Directors' Report 4 to 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9 to 16
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THE STIRRING, SOUTHAMPTON (COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION
WORKING NAMES Bridge Christian Fellowship Bridge Christian Fellowship - Southampton CHARITY NUMBER 1133590
COMPANY REGISTRATION NUMBER 07027499
DATE OF REGISTRATION 20th January 2010 START OF FINANCIAL YEAR 01 January 2023 END OF FINANCIAL YEAR 31 December 2023 DIRECTORS AT 31 DECEMBER 2023 Malcolm Anderson (Chair) Alun Leppitt Donna Leppitt (Company Secretary) Carolyn Vanstone
The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument.
GOVERNING INSTRUMENT Memorandum and Articles Incorporated on 23rd September 2009 REGISTRATION DATE 20th January 2010 DATE OF INCORPORATION 23rd September 2009
OBJECTS
a) To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule here to in the United Kingdom and the World as the Trustees from time to time may think fit and other such other purposes which are exclusively Charitable according to the Law of England & Wales and are connected to the Charitable work of the Charity.
b) To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods and services of any kind, including through the provision of counselling and support in such part of the United Kingdom and other such part of the World as the Trustees from time to time think fit.
c) To advance education including but not by limitation education in the Christian Religion and Christian lifestyle in the United Kingdom and other such parts of the World as the Trustees from time to time may think fit.
d) To provide and maintain facilities for the benefit of the communities within the United Kingdom without distinction of race, sex, political opinion and with the object of improving condition of life for the said inhabitants as the Trustees from time to time in their discretion determine.
REGISTERED ADDRESS 6 Copse Close Waterlooville Widley PO7 5JS BANKERS The Co-operative Bank Plc. P.O. Box 101 1 Balloon Street Manchester M60 4EP CF5 1BL INDEPENDENT EXAMINER Kim Gomes MAAT 43 Gosport Road Lee on the Solent PO13 9EJ
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THE STIRRING, SOUTHAMPTON
(COMPANY LIMITED BY GUARANTEE) DIRECTORS' REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2023
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)(effective 1 January 2005).
STRUCTURE GOVERNANCE AND MANAGEMENT
The organisation’s charity is limited by guarantee incorporated on 23rd September 2009 and registered as a charity on 20th January 2010. The company was established under its Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.
GOVERNING DOCUMENT
Its governing document is the Memorandum and articles of Association incorporated 23 September 2009 as amended by certificate of incorporation on change on name dated 18 April 2016.
ORGANISATIONAL STRUCTURE
The directors of the company are also charity trustees for the purposes of charity law. All directors give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in Note 13 to the Accounts.
RECRUITMENT AND APPOINTMENT OF NEW TRUSTEES
The trustees were those appointed as directors of the company when charitable status was obtained on 20th January 2010. Appointment and removal of trustees/directors is in accordance with the Memorandum and Article of Association of the company.
Normally, the Trustees meet twice a year to consider financial considerations of the Charity.
AIMS AND PURPOSES
Our purposes, as recorded in our constitution, are:-
(a) to advance the christian faith in accordance with the statement of beliefs appearing in the schedule hereto in the united kingdom and in such other parts of the world as the trustees may from time to time think fit and such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the charity;
(b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the united kingdom or the world as the trustees from time to time may think fit;
(c) to advance education including but not by way of limitation education in the Christian religion and Christian lifestyle in the United Kingdom or the world as the trustees may from time to time think fit;
(d) to provide and maintain facilities for the benefit of communities within the United Kingdom without distinction of race, sex, political, religious or other opinion and with the object of improving conditions of life for the said inhabitants as the trustees may from time to time in their discretion determine.
HOW OUR ACTIVITIES DELIVER PUBLIC BENEFIT
Our main activities and who we try to help are described below. All our charitable activities focus on training and equipping the saints for the work of ministry, for building up the body of Christ and we have undertaken to further our charitable purposes for the public benefit.
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THE STIRRING, SOUTHAMPTON
(COMPANY LIMITED BY GUARANTEE)
DIRECTORS' REPORT (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2023
SIGNIFICANT ACTIVITIES
We hosted our Kingdom, Power and Glory conference in April in Southampton and it was very successful with people travelling in from abroad. Speakers were Tom Jones, Charity Cook and David Wagner all from the USA as well as Alun and Donna. We partnered with Global Awakening USA and had an international ministry team of about 50 people. As a result there were many healings.
There was a successful mission trip to Cuba in February where Alun and Donna led a small team in praying for the sick during their numerous meetings and conferences. It was good to see so many impacted by the love of God and receive their healing.
Another successful mission trip was Pakistan in December where Alun and Donna preached in different meetings to children and youth, pastors and leaders, women and family church. They also held a healing meeting and saw many healings including a man who was deaf in one ear hear again.
Alun and Donna were priviledged to speak over zoom on Pakistan TV in February, Vietnam in May, Iran in December, Kingdom Come conference for Lapis Lazuli in May and Alun in Lunchtime Live for Victory Church, Southampton in March.
Alun and Donna spoke at conferences during the year in Switzerland and Ghana and Alun in Rwanda and at several churches within the UK including Destiny & Identity Conference, Battersea, London, Shiloh in Grays, The Demonstration of Spirit and Power conference also in Grays, Revival Healing meeting in Barnstaple, Healing Service in Blackburn and Donna at a woman's conference called Crown of Beauty in Portsmouth.
Alun led worship at many events during the year including their own Kingdom Power and Glory conference, Worshippers Praise Event in Swindon, Crown of Beauty in Portsmouth, Unblocking the Wells in Titchfield and is now a regular worship leader at their new home church, City Life Church in Portsmouth for their Sunday services and day conferences such as Holy Summit and Refresh. Alun was the worship leader at two monthly worship events called Dwell and House of Prayer both held at St Judes, Southsea, Portsmouth.
CHARITABLE ACTIVITIES
The vision remains the same to partner with other organisations to see Jesus’ heart displayed in Southampton, Portsmouth and across the world. The Stirring has a heart to see the Kingdom of God here, as it is in heaven. A passionate community of Gods people who love to worship Father God wholeheartedly. We regularly offer prayer for the sick, personal prayer ministry and prophetic encouragement. It is our desire to release God's will into the lives of those we meet and to fan the flames of revival fire wherever we go.
We continue to build strong relationships with men and women of God from across the world who can train, equip and release believers into the ministry of Jesus. The Stirring is a place to be yourself, and become the kind of person that reflects the passion and heart of Jesus. We follow Him, to become like Him and do the kind of things He did and more.
FINANCIAL REVIEW
In the year ended 31st December 2023, the Charity received gross income of £32,174 (2022 19,047), including donations of £20,788 (2022 £18,350). Expenditure totalled £35,260 in the financial year (2022 £20,310), making an overall loss of £3,087 (2022 £1,263). Funds carried forward at 31st December 2023 were £5,181 (2022 £8,268). This is set out in further detail in the accompanying annual accounts.
PROCEDURES AND POLICIES
Normally, the Trustees meet twice during the year to consider financial considerations of the Charity.
RISK MANAGEMENT
The trustees have a duty to identify and review the risks to which the charity is exposed to and ensure appropriate controls are in place for reasonable assurance against fraud and error.
The Directors do not perceive any major risks to the charity at this time.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company Number: 07027499
Registered Office: 6 Copse Close Waterlooville PO7 5JS Directors: Malcolm Anderson Carolyn Vanstone Alun Leppitt Donna Leppitt
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(COMPANY LIMITED 8Y ¢alAIEAIITEE) DfRECT0115' REPOIIT (Cortinued) FOR THE YEAR EII(IED 3tsf DECE¥8ER 2023 Statement £0 Dwe£tWs' Re5pcffjsbts'. The Cbarts Act the 2006 requye the dw&tiYs to prepwe thtIal st&8nwts fry exh f)antW gwe a true fa the state rfknr5 cl the CPV as & the (rf the the sUrpS cf dr( the chari(v in C£danCe h the r8]UTrts rf 394 a)d 395 d the C£rnpa)I Art 2006 c(xnpty u1Tn1ts rthtino to st&emwts. sofar 45 to the cha&lE cpY. In prepg thc6e financ st&vnthtS ¢he dyxtrxs we r4u¥èa io:. al selett s11i(abk pdKr5 thw app th•Jn asIstE.. bl rnokelud9eJnits e5tknat< Ilia prudwt. ¢1 prepwe the statemwts the )9 ctAicern ba5& unss * 5 ii•pprr4•rlate to pyesume thrt the CpY CtInUe kn buskntss.. dl state whether appkab ¥ccwntng prxtte f¢lty4vJ, subjxt to matww dytvre5 d15ck6al and the s•thts. The Dte¢S are 0 re5PCffj51e m&)t•lng •Jwuate accwfitng rtt(¥ds ¥thth db¢k¢e xth rea5( x¢urKy * 41nv time the flnanc p¢6Kffi d the ¥e suTriEnt to sh( wlakn the t$8¢¢5 and ab them toensure that the fck41 statemWbt5 Srftm5 386 387 d the Crynpws Att 2006 and With regulat$ mle undu the Charti¥ kt. Thry we a150 resprffjstJlE the a55ets d the£mY 1ce Ic taking reas1b1? step5 ts the prt detl LYfrd rther rtyuls. Tlie DiTlL& ¢Ye •¥0 resp$ tnt Dttfry5' reptyt. and th resPslY ¢Y the hdep••t rd•tkn to the Directrys. repm 15 fffii(wJ to the Twt su19 lh iyi the IKe dthe fwt thtre we no th¢$tcleS the fvJure5 d¢1 in ihe lknJncW s[at$. These xcwnt$ htre beem the toonplB5 SubJt to the $ma• ctynpailes reqlme. l apprtye the #txh•l stateMt d ffflcl arttrAiis bthce sh•& trM th•t I ha% made 41 Sh3n•J cffj th bFha hy nkwrt*
THE STIRRING. SOUTHAMPTON (COMPANY uMrrw> BY GUARAMTEE) INENDlIT EXAMUIER'S REPORT QN ThE ACCOLWITS FOR THE YEAR ENDED JWDECBIBER 2023 ir to the trusteesl mb¥S ctThe Sthanpiffi the &ctKJnts the yfyy 31st 2023. The charitys trvs¥tts are t(r the the xcwrtts. Thethwws trustee5 c(nshJw that an s Trrt requiral fv thi¥ yeK under slJn 144 d the 2022 {tne kt) th o¢J9dll 15 needed. It & my respwbs•)Ilty tts: examkne the ac¢wnts under sertth 145 rfthe Ch¥tts Nts. to f(kn the Predr5 the by the Chaity crynf06si (trnder StI 145(5}Ibl rf the artS Art. and to stateeth patKukT m&tfJ5 htCrie to ffly &tentrn. My ekm11& ¥A% carTied thjt in Cwdaj( xth by the Chkn thntnshyk. An ex(nat &)clude5 a redlew of the CWntkng c¢$ kept tyv the chm a compats(m d the xcwnts praskntd vith th(e records. It a&0 lncknd ctyiskqertin of aiy vn¥sud itrans the aid seekfilg e¥p4anatKms the trtssle c(wcemin9 suth rnatts. The Pr<UlE5 undertaken (FG nrt prthje the ¥Jwce that be rajured audit, and con$U81t1Y no cwA)x4) is as to the((j[ prert 6 Inje vtys the rwi knlvJ to those m&ter5 set ) the stateFTrt be. In vAth my exJnkn¥tkn, no has CL¥neto myrt• ¥%IFkh 9[ me rea8thtts@tts bekneth Ih. aiy materkl rw&i, the r4utrwnvrts'. to prepare ntS xccrd the re£trd5 CIXnp the Lnting rwuinrtS ct the chart Act have n¢t been mtt: c to cpnTh. Sh1 bertr pruper Urd*kn9 (¢the &toJnts to be reKhe¢. KSM GleS MAAT 112 Abbeyfdy Drive Fareham fD15 SPQ
THE STIRRING, SOUTHAMPTON (COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2023
| Notes INCOMING RESOURCES Donations & Legacies 3a Charitable Activities 3b Other Income 3c TOTAL INCOMING RESOURCES Costs of Charitable Activities 4 NET INCOMING/(OUTGOING) RESOURCES TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: RESOURCES EXPENDED TOTAL RESOURCES EXPENDED TRANSFERS BETWEEN FUNDS |
Unrestricted Restricted Designated Total Total Funds Funds Funds 2023 2022 £ £ £ £ 2,944 - 17,844 20,788 18,350 11,328 - - 11,328 554 57 - - 57 143 |
|---|---|
| 14,330 - 17,844 32,174 19,047 |
|
| 17,416 - 17,844 35,260 20,310 |
|
| 17,416 - 17,844 35,260 20,310 |
|
| (3,087) - - (3,087) (1,263) |
|
| - - - - - |
|
| (3,087) - - (3,087) (1,263) |
|
| 7,262 - 1,006 8,268 9,531 |
|
| 4,175 - 1,006 5,181 8,268 |
All of the Charity's operations are classed as continuing operations.
The notes form part of these financial statements, found on pages:-9 to 16
8
ICOMPANV LfMIYED BY lalARAIITEE) BALANCE SHEET AS AT 31 DECEMBER 2023 unrestr1 Re5trrt Fund Funds Total 31.Dec-23 31-Oe¢-22 Fixed Amts Tang A%$et$ Nies 972 972 1,296 Debitrs & prepaymt$ Cash at bank hd 1,939 5,533 4.350 4.350 Trtal Curtrt Atsts 72 Credltors: due vAthh7 yt¥ io 150 t50 $00 NET CURRENT ASSETS 4.209 4.209 6,972 TOTAL ASSEfs ss curmt lablt %181 26• Crnlltorn: due kn mLwe th FUNOSOF ThE CMA Gener& Funds RestrtèJ Funds DesvJnatèJ Funds 4,175 4,175 7.262 1,006 1,006 1.006 TOTAL 11114DS 26 the sy)0ed 31st DLrLYpbty 2023. The ar¢ $•t$w the ¢h¥it&> crffjpv wa5 entrtbj to the to ¢•t•n an audrt und sectti) 477 d the CKnpjni kt 2006 relating to smal ccrns. The m•nbtrs hwe nLX th¢ c¢¥npmy to (tth audit ftr the gye5tkw% kn KCc¢¢Jce 476 d ihe kt. a¢¢tyd•¢e h 5ectKffl 145 cl the thanti¥ kt 2022, the 4Kcwnts howe ee by Indew)d)t Trrt wpew5 oftes the Notes to the Fm4n¢wl St•teJnwt$. The Drfftryl51 Kkno1dge Ihw re5pcffjsbty fty Cphth9 the dthe G•nw5 4•£t 2006 twkh re5PKt to rff(Yd5 the prepwotKffi d accojnts. The xcwnts been pr4)aral h &ctrd8nce ¥h the pru4i5ws in Pwt 15 the 2006 applublÈ to CLxmpanles sbfvt to the smal r¥Jine xcrydwce h FAS102 )RP. The dwecttys th• re5pmsi)y tr that lheCtynpY keq>s prw xcwnting rectyds ¢P V4ith 5tlS 386 rf the Act 2006 prepn9 1ClaI statemwts a trne f the 5t4te rf offvtrs the ¢tynpany as ot the cl the (Cl prtl k6s lty the fva)cial y in t(danCe 4•ith the reqU¥t 5tS 394 395 and rthernrae C0 the rniuwements dthe 2006 r&ting to xrwnts. 50 far as appkab to the C£¥Mpy. ApprrNed by the DtryS t......... .. int Name-... CrmpY R0315tr Numbtr '. 07027499 6 Ccpse (J)5e 107 5JS
THE STIRRING, SOUTHAMPTON (COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023
1. ACCOUNTING POLICIES
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.
Basis of preparation:
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2022.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
-
the charity becomes entitled to the resources;
-
the trustees are virtually certain they will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
Incoming Resources with Related expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as income receivable.
Volunteer Help
The value of any voluntary help received is not included in the accounts and is described in the Report of the Trustees.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
This page does not form part of the statutory financial statements
10
THE STIRRING, SOUTHAMPTON (COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023
1. ACCOUNTING POLICIES (continued)
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advise to trustees on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
Pensions
Pension contributions are charged to the Statement of Financial Activities as they become payable.
Fund Accounting
Funds held by the charity are either:
1. Unrestricted funds
These are funds which can be used in accordance with the charity's objectives, at the discretion of the trustees.
2. Restricted funds
These are funds that can only be used for particular restricted purposes within the objects of the charity.
3. Designated funds
These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Fixed Assets
Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation Expense
Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:
General Equipment 25%
There has been no change to the accounting polices (Variation rules and methods of accounting) since last year.
This page does not form part of the statutory financial statements
11
THE STIRRING, SOUTHAMPTON (COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023
2. TANGIBLE FIXED ASSETS
| Additions Accumulated Depreciation At 1 January 2023 Charge for the Year At 31 December 2023 Cost At 1 January 2023 At 31 December 2023 Net Book Value At 31 December 2023 At 31 December 2022 |
General Equipment 2023 £ £ 4,548 4,548 - - |
|---|---|
| 4,548 4,548 |
|
| 3,252 3,252 324 324 |
|
| 3,576 3,576 |
|
| 972 - 972 |
|
| 1,296 - 1,296 |
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31st December 2023 : None 31st December 2022 : None
This page does not form part of the statutory financial statements
12
THE STIRRING, SOUTHAMPTON
(COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
| 3. INCOMING RESOURCES Note b) Incoming from Charitable Activities c) Other income 4. RESOURCES EXPENDED Note Tax Recoverable a) Donations & Legacies Tithes, Gifts & offerings Activities & Events Honourarium contribution Book store inc:Books(for others) Sundry Income Activities & Events Bank Charges Bookstore:Sales pd to others Equipment Costs Gifts & Donations Charitable Activities:- Subscriptions Sundry Expenses Travel & Subsistence Training Costs Website Costs Insurance Honourarium Leaders expenses Paypal fees Printing, Postage & Stationery Depreciation expense Governance costs:- Accountant fee Legal & Professional fees Direct costs:- |
Unrestricted Restricted Designated Total Total Funds Funds Funds 2023 2022 £ £ £ £ 1,568 - 14,654 16,222 12,286 848 - - 848 1,250 528 - 3,190 3,718 4,814 |
|---|---|
| 2,944 - 17,844 20,788 18,350 |
|
| 10,080 - - 10,080 554 1,248 - - 1,248 - |
|
| 11,328 - - 11,328 554 |
|
| 57 - - 57 143 |
|
| 57 - - 57 143 |
|
| Unrestricted Restricted Designated Total Total Funds Funds Funds 2023 2022 £ £ £ £ 6,458 - - 6,458 1,287 17 - - 17 10 1,248 - - 1,248 - - - - - - 1,950 - 14,654 16,604 3,246 - - - - 104 250 - 3,190 3,440 3,438 5,924 - - 5,924 10,320 14 - - 14 2 111 - - 111 - 572 - - 572 288 6 - - 6 8 - - - - - 133 - - 133 167 247 - - 247 497 324 - - 324 432 150 - - 150 500 13 - - 13 13 |
|
| 17,416 - 17,844 35,260 20,310 |
This page does not form part of the statutory financial statements
13
THE STIRRING, SOUTHAMPTON (COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2023
5. RESTRICTED FUNDS
The Charity held no Restricted Funds during this or the previous financial period.
6. DESIGNATED FUNDS
CURRENT FINANCIAL YEAR
| Mission-Other Leppitt Ministries |
Balance Unrealised Balance 01-Jan-23 Income Expenditure Gain/Loss Transfer 31-Dec-23 £ £ £ £ £ £ 275 - - - - 275 730 17,844 (17,844) - - 730 |
|---|---|
| 1,006 17,844 (17,844) - - 1,006 |
PREVIOUS FINANCIAL YEAR
| Main Fund Mission-NHOW Mission-Other Leppitt Ministries |
Balance Unrealised 01-Jan-22 Income Expenditure Gain/Loss Transfer 31-Dec-22 £ £ £ £ £ 100 - (100) - - - 1,457 160 (1,617) - - - 239 308 (272) - - 275 430 14,058 (13,757) - - 730 |
|---|---|
| 2,226 14,526 (15,746) - - 1,006 |
This page does not form part of the statutory financial statements
14
THE STIRRING, SOUTHAMPTON (COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2023
7. INVESTMENTS
The Charity held no investment assets during this or the previous financial period.
8. CASH AT BANK AND IN HAND
| 8. CASH AT BANK AND IN HAND | |
|---|---|
| Petty Cash Current A/c |
Unrestricted Restricted Designated Total Total Funds Funds Funds 31-Dec-23 31-Dec-22 £ £ £ £ 3,069 - 1,006 4,074 5,433 276 - - 276 100 |
| 3,344 - 1,006 4,350 5,533 |
9. DEBTORS AND PREPAYMENTS
| Prepayment-Subscriptions Prepayment-Leaders travel |
Unrestricted Restricted Designated Total Total Funds Funds Funds 31-Dec-23 31-Dec-22 £ £ £ £ - - - - 1,939 9 - - 9 - |
|---|---|
| 9 - - 9 1,939 |
10. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE WITHIN ONE YEAR
| Accountant Fee | Unrestricted Restricted Designated Total Total Funds Funds Funds 31-Dec-23 31-Dec-22 £ £ £ £ 150 - - 150 500 |
|---|---|
| 150 - - 150 500 |
11. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
The Charity held no long term liabilities during this or the previous financial period.
This page does not form part of the statutory financial statements
15
THE STIRRING, SOUTHAMPTON (COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2023
12. STAFF COSTS AND NUMBERS
The Charity employed no members of staff during this or the previous financial period.
13. CAPITAL AND RESERVES
The Company is Limited by Guarantee (07027499) and it is a charity registered with the Charity Commission (1133590).
It does not have a Share capital and has no income subject to Corporation Tax.
| Profit / Deficit for the financial year Other Recognised Gains Balance Brought Forward Closing Funds at 31-Dec-23 |
2023 £ (3,087) - (3,087) 8,268 5,181 |
2022 £ (1,263) - |
|---|---|---|
| (1,263) | ||
| 9,531 | ||
| 8,268 |
14. TRUSTEES AND OTHER RELATED PARTIES
Honorarium contributions that were received during 2023 for £3,190 (2022 £3,438) specifically for Mr Alun Leppitt and his wife, Mrs Donna Leppitt both (trustees) were given to them. Donation contributions that were received during 2023 for £14,654 (2022 £1,969) specifically for Mr Alun Leppitt and his wife, Mrs Donna Leppitt both (trustees) were given to them. No other payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.
(2022 - None)
15. RISK ASSESSMENT
The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
16. RESERVES POLICY
The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Directors will endeavour not to set aside funds unnecessarily.
17. PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Directors' report. The Directors confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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