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2022-05-31-accounts

REGISTERED COMPANY NUMBER: 06917504 (England and Wales) REGISTERED CHARITY NUMBER: 1135339

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 May 2022

for

Faith Up

Simon Hart FCCA Hart Wright Accounting Chartered Certified Accountants

24 Hall Drive Sutton In Craven North Yorkshire BD20 7NH

Faith Up

Contents of the Financial Statements for the year ended 31 May 2022

Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 14
Detailed Statement of Financial Activities 15 to 16

Faith Up

Report of the Trustees for the year ended 31 May 2022

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 May 2022. 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The Charity's aim is to promote Christian education and evangelism and help relieve poverty, suffering and distress and prevent disease among the people of the world. The grants made by the charity in the annual period reflect these objectives, in particular the promotion of Christian education and evangelism.

Faith up has continued to give to charities, people and organisations involved with education, evangelism and wellbeing of those in the UK and abroad. This has increasingly focused on the wellbeing of those living in cities. 'City Vision' is the umbrella name under which a range of Faith Up initiatives, projects and partnerships, set up by one of the Faith Up trustees, has operated. City Vision has continued to gain momentum around the UK working with church leaders, civic leaders, charities, Christian ministries and organisations. It has been developing a body of sharable knowledge, facilitating connections between likeminded people in different cities. As a result of Covid, a considerable and increasing acceleration in activity occurred building up to the end of the period under review.

Page 1

Faith Up

Report of the Trustees for the year ended 31 May 2022

OBJECTIVES AND ACTIVITIES Significant activities

The last year has been another year of progress for the charity.

Development of the Organisation Development Consultancy

As with previous years, the majority of the work undertaken by Faith Up operated under the sub brand of City Vision. The restrictions created by Covid were less onerous this year. Much time was again spent with Christian leaders in different cities, in this country and abroad, and in the church, business, charities and local government sectors, developing the consulting model that educates church leaders about ways in which they can work together more coherently as one body for the benefit of the city in which they are based. Faith Up continued to develop its strategic focus.

Areas of Activity

Our main areas of activity focused on:

a) The growth of our work with church leaders in Africa

b) Continued development of the digital platform for co-learning and leader to leader collaboration

c) Church education and communications via video

d) Ongoing development sessions with church leaders on a regular basis via zoom

e) Conferences

f) Workshops

Charitable support for practical projects in Africa

Resulting from the founder trustee's mission trips to Malawi in 2017, the relationships formed and nurtured saw a school for 200 students built. The 2017 trip was also to Tanzania and this led this year to the provision of printed educational Christian material going into prisons and army barracks for the propagation of the gospel. A new field of work opened up in Uganda this year as the team prepared to use the zoom medium to beam preaching and teaching from the UK to that country.

Digital Communication Platform

As with last year, development of the digital communications platform continued. City Vision changed to a new software development partner and progress has been more efficient as a result. The platform is designed to enable church leaders within cities to work together, and together with civic leaders more effectively, and with their peers in other cities. As stated in previous year's City Vision report, our vision is to integrate the disparate activities offered by churches to enable a coherent suite of services to be provided to each city.

Continued growth both Nationally and Internationally

City Vision has continued to grow in influence. Almost daily Zoom calls were undertaken with Christian leaders around the UK to develop strategy as outlined above. Thinking around the concept of a grand central station knowledge base for all matters relating to the transformation of cities has continued as part of the development of the digital platform. The model established in earlier years through the visit of 12 church leaders to Brantford in Canada continued to be developed as much planning went into inviting church leaders from the UK to go on a study tour to Amsterdam to meet church leaders there.

Regular Zoom sessions were conducted within the City Vision community

Conferences

Tony Hodges, our founder, spoke at various Christian conferences through the year. Considerable effort was also put into the preparation of the upcoming national conference in Portsmouth working with Christian speakers from Holland, America and Canada as well as the UK. The conference went extremely well with 3 leaders attending from Amsterdam, one from the US and one via zoom from Canada. Around 50 delegates attended and a high level of motivation for the ongoing work of City Vision resulted.

Workshops

Page 2

Faith Up

Report of the Trustees

for the year ended 31 May 2022

OBJECTIVES AND ACTIVITIES

A real engine of progress for Faith Up (City Vision) has been its continuing work with Christian leaders in Wakefield by means of facilitated workshops led by the founder and other City Vision team leaders. The Bishop of Wakefield and another 10 church and ministry leaders have attended over 30 workshops now on a regular basis. These workshops have become the epicentre of the learning culture City Vision is seeking to develop in Wakefield and other cities.

Video Production and Video Communication Strategy

Given the founding trustees background and experience in video production, the year again saw extensive use of the video medium. Given the success of the strategic workshops for the Bishop of Wakefield and church leaders in Wakefield, facilitated by Faith Up (under the guise of City Vision) these led to an exercise for Christmas 2021. Working with a dozen church and charity leaders, including the Bishop, we project managed Christmas, Easter and other projects that gave rise to the following videos:

Other relationships

Support for and with our partners at The Eternal Wall of Answered Prayer continued. This is a significant national initiative to build a one million brick / one million answered prayers database as a national monument to answered prayer. As a £12-14m project, a long view is being taken but City Vision is pleased to be associated with the project. City Vision gives occasional consultancy support and advice on a pro bono basis.

Public benefit

Education, ministry, encouragement and support for Christian purposes continue to be the aim of Faith Up. The branding of 'City Vision' has however been the presenting face for much of Faith Ups activities as the work becomes more and more focused on cities and wellbeing of those living in them. The foundation belief of City Vision is that the Christian God has the wellbeing of all people in a city in mind and wills their highest good whether they be of the Christian faith, other faiths or no faith.

Page 3

Faith Up

Report of the Trustees for the year ended 31 May 2022

OBJECTIVES AND ACTIVITIES

Giving " £20,000 Daniel Dugmore (Nov 2021)

" 1K Phil Thomas Transformation Leeds (March 2022)

" £150 KLM Prophetic Ministry (April 2022)

Governance Board

The Faith Up advisory board, under the guise of City Vision, continued to meet approximately every 4-6 weeks. Dennis Pethers, the founder of The Rooftop ministry, continued as Chair. The board continued to enjoy the support of Andrew Rogers who previously ran the insurance division of HSBC in the Middle East, Celia Apeagyei-Collins, President of Rehoboth Ministries and Mike Brickley, previous President of the Silicon Valley Bank and President of the Pocket Testament League.

Staff People employed by Faith Up: Naz Masih: Events and Relationships Manager Charis Dirdova: Media Producer Anna Spreckly: Communications Specialist Sarah Feroz: Junior Media Assistant

Short term contractors:

Carol Collyer (ongoing) Annemarie Visoinau-Kanatas (ongoing) Daniel Kamulu Chukuma Dibigbo

Offices

The team continues to work from home and at Unity Hall in the centre of Wakefield as and when it was safe to do so.

ACHIEVEMENT AND PERFORMANCE Charitable activities

After 7 years of building the foundations for their work and an approximate 15,000 hours of applied thought, prayer, travel and activity, City Vision is starting to be recognised as a national peace building initiative aimed at bringing the love, peace and righteousness that is central to the Christian gospel, to city leaderships. Our work is one of reconciliation and facilitation, seeking to bring pulpit and marketplace, church leaders, church leader groups, with city civic leader groups and church leader groups together with those in other cities

Page 4

Faith Up

Report of the Trustees for the year ended 31 May 2022

ACHIEVEMENT AND PERFORMANCE May 2021 - May 2022 Significant activities:

National Parliamentary breakfast at Cathedral (helped organise) 25/6/21 Prayer walk organised by Bishop of Wakefield 1/7/21 AMH: Speaking engagement unique women 2/7/21 AMH: Speaking engagement via zoom Christian Book Club 14/8/21 AMH: Filming TBN filming slot Betty King 18/8/21 AMH: Speaking Engagement Redeemed Church 21/8/21 AMH: Betty King invitation to you for the national leaders' event, entitled GATHER. 3/10/21 AMH: Speaking at Benny's conference 9/10/21 Vision Wakefield Awayday with Bishop and leaders 18/10/21 AMH: Salt conference Building a Better Future : Re-imagining the Social Contract 12/11/21 Vision Wakefield: Christmas lunch Waterton Park 6/12/21 Vision Wakefield: Christmas card competition (with The Cross project) Dec 2021 City Vision team meeting in London: Dennis, Akthar, OBA 2/2/22 Naz Masih: Movement for Recovery and Change Event Leeds 12/2/22 Vision Wakefield: Church leader dinner together 24/2/22 Naz Masih and Charis Dirdova: Pre visit reconnaissance to Amsterdam 7-9/4/22 Vision Wakefield: Prayer walk app initiative April 22 Staff: Daniel and Chukuma (few months during the year 2021) Annemarie and Anna started around April 2022 2021 2022 Regular: Vision Wakefield Workshops Regular: City Vision Governance Advisory Group zoom calls Regular: Start of regular discussion with Pastor Elijah re Uganda Regular: 6B frequent meetings to get the platform set up City Vision National conference in Portsmouth - 50 delegates 07/05/2022 Countless zoom with various leaders throughout the year

FINANCIAL REVIEW

Principal funding sources

As in previous years Faith Up has been privately financed by the founders and has not actively sought financial support externally. Faith up has not needed to ask for Government financial support apart from £X,000 from other sources.

Reserves policy

The Policy relates to our General Fund and includes our bank account .The Policy is to maintain general cash reserves, equivalent to at least twelve months average expenditure. The General Fund cash balances stood at £36,957, (2021:£(834)) at the 31st May 2022. Twelve months average expenditure would be equivalent to approximately £100,000, based on 2022/23 budget

FUTURE PLANS

A notable feature of the year continued to be the development of the online social media business group to facilitate dialogue, education and encouragement via an intra-city and inter-city knowledge sharing network. During the year numerous presentations, workshops, Zoom calls and face to face meetings were held with visitors to City Vision at Unity Hall to advance mutual understanding, continue informal research and build relationships.

Coronavirus Pandemic

The Coronavirus Pandemic continued to create challenges for us all. Daily meetings continued to took place online and given the geography of our staff and the nature of our work, we were able to progress in a largely unhindered way. Three times a week 8.30-9.00am prayer meetings continued plus specialist prayer breakfasts and other specialist team meetings.

Financial Income

As in previous years Faith Up has been privately financed by the founders and has not actively sought financial support externally. Faith up has not needed to ask for Government financial support.

Page 5

Faith Up

Report of the Trustees for the year ended 31 May 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

06917504 (England and Wales)

Registered Charity number 1135339

Registered office

The Coach House Heath Wakefield West Yorkshire WF1 5SL

Trustees

Mrs V Hodges A M Hodges

Independent Examiner

Simon Hart ACCA Simon Hart FCCA Hart Wright Accounting Chartered Certified Accountants 24 Hall Drive Sutton In Craven North Yorkshire BD20 7NH

Approved by order of the board of trustees on 28 February 2023 and signed on its behalf by:

A M Hodges - Trustee

Page 6

Independent Examiner's Report to the Trustees of Faith Up

Independent examiner's report to the trustees of Faith Up ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Simon Hart ACCA Simon Hart FCCA Hart Wright Accounting Chartered Certified Accountants 24 Hall Drive Sutton In Craven North Yorkshire BD20 7NH

Date: .............................................

Page 7

Faith Up

Statement of Financial Activities

for the year ended 31 May 2022

2022
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
231,976
Other income
-
Total
231,976
EXPENDITURE ON
Charitable activities
Governance costs
114,016
Other
80,169
Total
194,185
NET INCOME/(EXPENDITURE)
37,791
RECONCILIATION OF FUNDS
Total funds brought forward
(834)
TOTAL FUNDS CARRIED FORWARD
36,957		 2021
Total
funds
£
83,131
200
83,331
108,409
86,356
194,765
(111,434)
110,600
(834)

The notes form part of these financial statements

Page 8

Faith Up

Balance Sheet

31 May 2022

2022
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
7
-
CURRENT ASSETS
Debtors
8
295
Cash at bank
39,143
39,438
CREDITORS
Amounts falling due within one year
9
(2,481)
NET CURRENT ASSETS/(LIABILITIES)
36,957
TOTAL ASSETS LESS CURRENT
LIABILITIES
36,957
NET ASSETS/(LIABILITIES)
36,957
FUNDS
11
Unrestricted funds
36,957
TOTAL FUNDS
36,957		 2021
Total
funds
£
384
295
969
1,264
(2,482)
(1,218)
(834)
(834)
(834)
(834)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 28 February 2023 and were signed on its behalf by:

A M Hodges - Trustee

The notes form part of these financial statements

Page 9

Faith Up

Notes to the Financial Statements for the year ended 31 May 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on cost

Related party exemption

The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 10

Faith Up

Notes to the Financial Statements - continued

for the year ended 31 May 2022

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Gifts
Donations		 2022
£
1
231,975
231,976		 2021
£
(1)
83,132
83,131

3. SUPPORT COSTS

Management
£
Other resources expended
32,594
Governance costs
107,096
139,690		 Governance
Finance
costs
£
£
32
384
-
6,920
32
7,304		 Totals
£
33,010
114,016
147,026

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2022 2021
£ £
Accountancy 120 120
Depreciation - owned assets 384 406
Surplus on disposal of fixed assets - (200)

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 May 2022 nor for the year ended 31 May 2021.

Trustees' expenses

V Hodges was reimbursed £374 for travel expenses incurred during the year.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

2022 2021
Administration 2 2

No employees received emoluments in excess of £60,000.

continued...

Page 11

Faith Up

Notes to the Financial Statements - continued

for the year ended 31 May 2022

7. TANGIBLE FIXED ASSETS

7. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 June 2021 and 31 May 2022 2,824
DEPRECIATION
At 1 June 2021 2,440
Charge for year 384
At 31 May 2022 2,824
NET BOOK VALUE
At 31 May 2022 -
At 31 May 2021 384
8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Other debtors 295 295
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Trade creditors 1 2
Other creditors 218 218
Accrued expenses 2,262 2,262
2,481 2,482
10. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
2022 2021
£ £
Within one year 12,384 12,384

The organisation entered into a rental agreement with Unity Hall for two offices on a 1 year renewable contract .

continued...

Page 12

Faith Up

Notes to the Financial Statements - continued for the year ended 31 May 2022

11. MOVEMENT IN FUNDS

At 1.6.21
£
Unrestricted funds
General fund
(834)
TOTAL FUNDS
(834)
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
231,976
TOTAL FUNDS
231,976
Comparatives for movement in funds
At 1.6.20
£
Unrestricted funds
General fund
110,600
TOTAL FUNDS
110,600
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
83,331
TOTAL FUNDS
83,331		 Net
movement
At
in funds
31.5.22
£
£
37,791
36,957
37,791
36,957
Resources
Movement
expended
in funds
£
£
(194,185)
37,791
(194,185)
37,791
Net
movement
At
in funds
31.5.21
£
£
(111,434)
(834)
(111,434)
(834)
Resources
Movement
expended
in funds
£
£
(194,765)
(111,434)
(194,765)
(111,434)

continued...

Page 13

Faith Up

Notes to the Financial Statements - continued for the year ended 31 May 2022

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.6.20 in funds 31.5.22
£ £ £
Unrestricted funds
General fund 110,600 (73,643) 36,957
TOTAL FUNDS 110,600 (73,643) 36,957

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Incoming
resources
£
315,307
315,307		 Resources
Movement
expended
in funds
£
£
(388,950)
(73,643)
(388,950)
(73,643)		 Resources
Movement
expended
in funds
£
£
(388,950)
(73,643)
(388,950)
(73,643)
(73,643)

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 May 2022.

Page 14

Faith Up

INCOME AND ENDOWMENTS
Donations and legacies
Gifts
Donations
Other income
Gain on sale of tangible fixed assets
Total incoming resources
EXPENDITURE
Other
Donations
Travel
Support costs
Management
Wages
Pensions
Insurance
Telephone
Postage and stationery
Advertising
Room Hire
Consultancy
Computer costs
Finance
Sundries
Bank charges
Information technology
Repairs and renewals
Governance costs
Auditors' remuneration
Accountancy and legal fees
Fixtures and fittings		 Detailed Statement of Financial Activities
for the year ended 31 May 2022		 2022
£
1
231,975
231,976
-
231,976
26,010
21,149
47,159
73,908
4,404
1,610
-
5,481
14,423
14,924
14,177
10,763
139,690
-
32
32
-
120
6,800
384
7,304		 2021
£
(1)
83,132
83,131
200
83,331
47,135
16,592
63,727
60,925
3,768
1,620
333
9,540
7,342
12,729
20,366
7,168
123,791
407
9
416
628
120
5,677
406
6,203

This page does not form part of the statutory financial statements

Page 15

Faith Up

Total resources expended
Net income/(expenditure)		 Detailed Statement of Financial Activities
for the year ended 31 May 2022		 2022
£
194,185
37,791		 2021
£
194,765
(111,434)

This page does not form part of the statutory financial statements

Page 16