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2024-03-31-accounts

The River Church Chelmsford Ltd

Report and Accounts Year ended 31 March 2024

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

THE RIVER CHURCH CHELMSFORD LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2024

Trustees

J Godward M Smith P Seeley R Brackley (appointed April 2024) L Davis (appointed July 2024) A Uwadiae (appointed July 2024)

Key Staff P Bardwell - Lead Elder - full time employed
R Leverett - Foodbank manager - part time employed
Governing Document Memorandum and Articles of Association dated 28 June
2011 as amended 22 July 2022 and 17 April 2024
Company Registration Number 07685257
Charity Registration Number 1144804
Principal Address & Registered Office North Avenue Christian Centre
7 North Avenue
Chelmsford
CM1 2AL
Independent Examiner Sarah Crispin ACA
Stewardship
1 Lamb's Passage
London
EC1Y 8AB
Bankers HSBC Kingdom Bank
99 High Street Media House
Chelmsford Padge Road
Essex Beeston
CM1 1EQ Nottingham
NG9 2RS
Contents Page
Company Information 1
Trustees' Annual Report 2-6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Cashflow Statement 10
Notes to the Accounts 11-17
Detailed Statement of Financial Activities with Comparatives 18

Page 1

THE RIVER CHURCH CHELMSFORD LTD TRUSTEES’ ANNUAL REPORT (INCORPORATING DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 MARCH 2024

The trustees, who are the charity the Report and Accounts for the year to 31[st] March 2024.

Objects of the charity

The charity/company objects are principally-

  1. t exclusively charitabl charitable work of the charity/company,

  2. parts

  3. t

  4. of the United

  5. ,

  6. t ,

  7. to

  8. youth

  9. such other

The

s THE RIVER CHURCH

he objects of the charity we aim - At the the charity/company employs one fulland parts .

The local church works as a body of people who volunteer their resources to establish a vibrant and varied increased in the year ended 31 March 2024 to about 156 adults, youth and children with individuals and families year in with some

remain invested -

year sessions over a weekend aimed at leadership, the church and the community.

Page 2

in and our CMA project, help and advice.

wider network of i - Vice-chairperson.

THE RELATIONSHIP WITH THE U.R.C.

The 5-year Mission ame the -driven work from the premises of The was extended The River for The River to remain for an extended

CHELMSFORD FOODBANK

both number of adult dropped by 3 3.5 out rose 6.5% to 90.0 metric tonnes. Voucher issue went up by 24% to 3671 5733 adults and 3651 children, an overall rise of 26% from 7455 36% increase for adults and 12% for children.

20 20 £ , North Avenue centre on a Tuesday 2024-20 fullincreased.

to provide face to the

2023 £17,500 . This money has part-funded a provide to clients a overs The started in the role in November 2023.

Page 3

20 £ Trussell Trust. to see started in this role in March 2024.

20 their meals are - self-

ha

COMMUNITY MONEY ADVICE CHELMSFORD

A newly employed manager started working with CMA Chelmsford in March 2024 and felt immediately welcomed by a motivated team of 7 volunteers who were excited about getting back to the important work of supporting clients.

The first team meeting, held in March 2024, helped address some administrative tasks and set a clearer direction moving forward. The slogan, "Freedom from debt, hope for the future," serves as a strong reminder of why the team do what they do and gave everyone a boost of motivation and since then there has been a renewed energy within the team. There’s a real sense of willingness to engage with clients and help them through difficult times, which is incredibly encouraging.

In the 2023-2024 financial year, 12 cases were opened, representing a total debt of £124,472.94. It’s a challenging landscape, but the team are committed to making a difference and are ready to continue helping people get back on their feet.

In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.

ers

Most of the charity’s activities are undertaken by volunteers and the charity could not operate effectively without their efforts. The Foodbank has the highest number of volunteers as the warehouse is open five mornings every week and the Distribution Centres cover 9 sessions a week. Each Centre session usually has 3 to 6 volunteers per session and the warehouse 5 to 8.

Structure,

The overall trustee y. Responsibility for the day-to-day to the leadership teams of the a . The spiritual leadership rests with the church leadership team led by peter Bardwell. acancy for p ew trustees arises, the

Page 4

current trustees seek recommend ons from the leadership . The trustee board may interview any or all of the recommended candidates and appoint majority vote. is made available to all trustees by way of the Charity Commission and other

income has increased by £56,6 to £ ,915, and the expenditure increased by £126,300 to £ 537,306. As a result the surplus for the year decreased by £69,692 to £43,609 and the charity’s net assets increased by the same amount to £452,146 of which £406,310 is restricted

The main source of income for The River church is by Majesty’s cheme is applied to identifiable donations to increase sees a lot of donations from individuals cheme is applied to identifiable donations to increase the donation amount.

The trustees have established a policy whereby free reserves held by the charity should be maintained at between 3- towards - At the end of the year the charity held unrestricted cash of £44, 6 and the charity i .

There is a possibility does happen, then response but

and if this

Charity law requires the trustees and fair view of the state of the charity and of its income and expenditure for the year.

  1. ;

  3. Make ;

  4. departures disclosed and explained in the

  5. -concern basis unless it is inappropriate to presume

proper

charitable company and enable us comply with the Companies Act 2006.

Page 5

charitable company and to take reasonable steps to prevent

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 and was approved by the trustees

……………………………………………………………………………..

R.K. Brackley

Page 6

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

THE RIVER CHURCH CHELMSFORD LTD ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024 on pages to 18 following, which have been prepared on the basis of the accounting policies set out on pages 11 to 12.

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

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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

  3. 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

  4. 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.

Sarah Crispin ACA The Institute of Chartered Accountants in England & Wales Stewardship 1 Lamb's Passage London EC1Y 8AB

Date:

Page 7

THE RIVER CHURCH CHELMSFORD LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations
3
Charitable activities
Investments
Total income and endowments
EXPENDITURE ON:
Charitable activities
4
Total expenditure
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 Unrestricted
Funds
£
127,798
4,522
283
132,603
108,642
108,642
23,961
389
24,351
21,486
45,836		 Restricted
Funds
£
448,312
-
-
448,312
428,664
428,664
19,648
(389)
19,258
387,051
406,310		 Total
Funds
2024
£
576,110
4,522
283
580,915
537,306
537,306
43,609
-
43,609
408,537
452,146		 Total
Funds
2023
£
523,352
-
955
524,307
411,006
411,006
113,301
-
113,301
295,236
408,537

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 11-17 form part of these accounts.

Page 8

THE RIVER CHURCH CHELMSFORD LTD

BALANCE SHEET

AS AT 31 MARCH 2024

Note
FIXED ASSETS
Tangible assets
6
CURRENT ASSETS
Stock
7
Debtors
8
Cash at bank and in hand
9
CREDITORS: Amounts falling
due within one year
10
Net current assets / (liabilities)
Total assets less current liabilities
TOTAL NET ASSETS
FUND BALANCES
12
Unrestricted Funds
General funds
Restricted Funds		 Unrestricted
Funds
£
-
-
-
4,700
44,886
49,586
(3,750)
45,836
45,836
45,836
45,836
45,836
-
45,836		 Restricted
Funds
£
-
-
53,721
1,243
351,346
406,310
-
406,310
406,310
406,310
-
-
406,310
406,310		 Total
Funds
2024
£
-
-
53,721
5,944
396,231
455,896
(3,750)
452,146
452,146
452,146
45,836
45,836
406,310
452,146		 Total
Funds
2023
£
-
-
69,192
3,892
348,860
421,944
(13,408)
408,537
408,537
408,537
21,486
21,486
387,051
408,537

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

R K Brackley Date: _______

Company number: 07685257

The notes on page 11-17 form part of these accounts.

Charity number: 1144804

Page 9

THE RIVER CHURCH CHELMSFORD LTD

FOR THE YEAR ENDED 31 MARCH 2024

CASH FLOW STATEMENT

Note
2024
£
Cash flows from operating activities:
Net cash provided by/(used in) operating activities
a
47,089
Cash flows from investing activities:
Dividends, interest and rents from investments
283
Net cash provided by/(used in) investing activities
283
47,372
b
348,860
b
396,231
Analysis of changes in net debt:
At start of
year
Cash-flows
£
£
Cash
348,860
47,372
Total net funds / (debt)
348,860
47,372
Note a: Reconciliation of net income/(expenditure) to net cash flow from operating activities
2024
£
43,609
Adjustments for:
Depreciation charges and provisions for impairment
-
Dividends, interest and rents from investments
(283)
(Increase)/decrease in stocks
15,471
(Increase)/decrease in debtors
(2,051)
Increase/(decrease) in creditors
(9,658)
Net cash provided by (used in) operating activities
47,089
Note b: Analysis of cash and cash equivalents
2024
£
Cash at bank with immediate access
396,231
Total cash and cash equivalents
396,231
Net income/(expenditure) for the reporting period (as per the statement of financial
activities)
Cash and equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Change in cash and equivalents in the reporting period		 2023
£
102,905
955
955
103,860
245,000
348,860
At end of
year
£
396,232
396,232
2023
£
113,301
4,564
(955)
(20,749)
(3,136)
9,880
102,905
2023
£
348,860
348,860

Page 10

THE RIVER CHURCH CHELMSFORD LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These 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 (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

Income from donations includes:

The charity relies on volunteers to carry out many of its activities, particularly the Foodbank project. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably

When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed or consumed are recognised as stock.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

The cost of raising funds is not significant and has not been separately disclosed.

The charity's overheads, being costs that have not been incurred directly on a charitable activity, have been disclosed separately in the notes under the heading 'Costs incurred on support and administration'. Where these costs are shared between activities, they have been allocated based on income.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

2 Accounting Policies (cont.)

Page 11

THE RIVER CHURCH CHELMSFORD LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £2,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Vehicles

Over 5 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Stocks

g) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

h) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

j) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

3 Donations

3
Donations
Donations of cash and similar
Donations in kind (note 3a)
Other grants receivable
Income tax recoverable
a
Donations in kind comprise:
Goods donated for:
Distribution to beneficiaries
Donated facilities		 The River
Church
118,359
-
-
16,629
134,988		 Foodbank
136,803
219,351
83,726
1,243
441,122		 2024
£
255,162
219,351
83,726
17,872
576,110
2024
£
197,931
197,931
21,420
219,351		 2023
£
214,485
244,430
52,408
12,029
523,352
2023
£
221,180
221,180
23,250
244,430

Donated facilities comprise a property that that has been made available rent-free for the foodbank warehouse and the distribution centres which provide their facilities on a rent-free basis.

Page 12

THE RIVER CHURCH CHELMSFORD LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

4 Analysis of expenditure

Incurred directly on activities
Employment costs (note 5)
Premises costs
Church ministry costs
Foodbank running costs
Donations in kind expensed
Grants payable (note 4a)
Support costs
Insurance and finance charges
Office costs
Depreciation
Governance
Incurred directly on activities
Employment costs (note 5)
Premises costs
Church ministry costs
Foodbank running costs
Donations in kind expensed
Grants payable
Support costs
Insurance and finance charges
Office costs
Depreciation
Governance		 The River
Church
61,077
15,704
15,760
-
-
15,416
2,693
2,632
-
902
114,184
The River
Church
64,523
6,683
7,867
-
-
9,627
1,659
7,583
-
771
98,713		 Foodbank
61,436
34,400
-
81,778
234,822
1,300
1,579
4,961
-
2,848
423,122
Foodbank
22,367
9,405
-
32,977
223,681
7,800
2,157
4,874
4,564
4,469
312,294		 Total
Charitable
Expenditure
2024
122,513
50,103
15,760
81,778
234,822
16,716
4,272
7,593
-
3,750
537,306
Total
Charitable
Expenditure
2023
86,890
16,089
7,867
32,977
223,681
17,427
3,816
12,456
4,564
5,240
411,006

The fee payable to the independent examiner for preparing and examining the accounts was £3,750 (2023: £3,600); in addition the charity paid £1,042 (2023: £875) to Stewardship for payroll bureau and consultancy services.

a Grants payable

Grants for UK and overseas mission
Grants for the relief of poverty
The comparatives for the previous year are as follows:
Grants for UK and overseas mission
Grants for the relief of poverty		 Institutions
£
5,197
2,039
7,236
Institutions
£
5,646
8,161
13,807		 Individuals
£
6,589
2,890
9,479
Individuals
£
-
3,621
3,621		 2024
£
11,787
4,929
16,716
2023
£
5,646
11,782
17,427

Page 13

THE RIVER CHURCH CHELMSFORD LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

4a Grants payable (cont.)

The charity's principal grants to institutions comprised:

New Life Church (Transforming Essex)
Eastgate (Living Fire)
Hope Church
Grove Road Evangelical Church
Beaulieu Community Trust
St Andrews PCC
St. Marys Church Baddow PCC
Grants to institutions for less than £1,000 each
Gross wages and salaries
Social security
Pension costs
ysis of staff costs, the cost of key management personnel and trustee remuneration		 2024
£
1,500
625
2,375
-
-
-
1,300
1,436
7,236
2024
£
116,484
1,667
4,361
122,513		 2023
£
2,125
2,125
-
3,900
1,300
1,300
1,300
1,757
13,807
2023
£
82,123
1,667
3,100
86,890

5 Analysis of staff costs, the cost of key management personnel and trustee remuneration

The average monthly number of employees during the year was 5 (2023: 4.5). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

During the year key management received employment benefits totalling £74,043 (2023: £59,997).

No trustees received employment benefits in either the current or preceding year.

6 Tangible fixed assets

Cost
At 1 April 2023
Additions
At 31 March 2024
Accumulated depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 1 April 2023
Stock
Donated goods
For distribution to beneficiaries		 Vehicles
£
22,822
-
22,822
22,822
22,822
-
-
2024
£
53,721
53,721		 Total
2024
£
22,822
-
22,822
22,822
-
22,822
-
-
2023
£
69,192
69,192

7 Stock

Page 14

THE RIVER CHURCH CHELMSFORD LTD

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

8 Debtors

Falling due within one year:
Tax recoverable
h at Bank and in Hand
Cash at bank with immediate access
ditors: liabilities falling due within one year
Accruals
Grant obligations		 2024
£
5,944
5,944
2024
£
396,231
396,231
2024
£
3,750
-
3,750		 2023
£
3,892
3,892
2023
£
348,860
348,860
2023
£
3,600
9,808
13,408

9 Cash at Bank and in Hand

10 Creditors: liabilities falling due within one year

11 Pension commitments

During the year employer’s pension contributions totalling £3,819 (2023: £3,100) were payable to defined contribution personal pension schemes. Pension contributions of £nil were owing at the balance sheet date (2023: £nil).

12 Funds

During the year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Foodbank funds:
Chelmsford Foodbank
Chelmsford Foodbank - donations in kind
Financial inclusion project
Organising & Local Mobilisation
Strategic Resources Fund
Other funds:
Emergency Relief Fund
Love offerings & other restricted donations
Aggregate of funds		 Opening
balance
2024
£
21,486
21,486
276,063
69,192
39,569
-
-
2,227
-
387,051
408,537		 Incoming
resources
2024
£
132,603
132,603
147,362
219,351
44,430
21,381
8,599
-
7,189
448,312
580,915		 Outgoing
resources
2024
£
(108,642)
(108,642)
(146,189)
(234,822)
(39,264)
-
-
(1,000)
(7,389)
(428,664)
(537,306)		 Transfers
in the year
2024
£
389
389
569
-
(958)
-
-
-
-
(389)
-		 Closing
balance
2024
£
45,836
45,836
277,806
53,721
43,777
21,381
8,599
1,227
(200)
406,310
452,146

The transfer from the Foodbank to General funds reflects foodbank expenditure incurred in previous years and charged to general funds.

Page 15

THE RIVER CHURCH CHELMSFORD LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

12 Funds (cont.)

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Tangible fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year
In the previous year the movements in the charity's funds
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Foodbank funds:
Chelmsford Foodbank
Chelmsford Foodbank - donations in kind
Financial inclusion project
Other funds:
Emergency Relief Fund
Love offerings
Aggregate of funds		 were as follows:
Opening
Incoming
balance
resources
2023
2023
£
£
32,403
77,117
32,403
77,117
210,640
150,353
48,444
244,430
-
52,408
2,227
-
1,523
-
262,833
447,190
295,236
524,307		 Unrestricted
General
funds
£
-
-
4,700
44,886
(3,750)
45,836
Outgoing
resources
2023
£
(100,734)
(100,734)
(72,231)
(223,681)
(12,839)
-
(1,523)
(310,273)
(411,006)		 Restricted
funds
£
-
53,721
1,243
351,346
-
406,310
Transfers
in the year
2023
£
12,699
12,699
(12,699)
-
-
-
-
(12,699)
-		 2024
£
-
53,721
5,944
396,231
(3,750)
452,146
Closing
balance
2023
£
21,486
21,486
276,063
69,192
39,569
2,227
-
387,051
408,537

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 Unrestricted
General
funds
£
-
-
3,457
31,436
(13,408)
21,486		 Restricted
funds
£
-
69,192
435
317,424
387,051		 2023
£
-
69,192
3,892
348,860
(13,408)
408,537

Page 16

THE RIVER CHURCH CHELMSFORD LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

12 Funds (cont.)

The Chelmsford Foodbank funds are to be spent on the work of the Chelmsford Foodbank

The Financial inclusion project is funded by the Trussell Trust and will provide three levels of support for our Foodbank customers to ensure that anyone who needs income maximisation and financial inclusion advice will receive the appropriate support directly and accessibly within our Foodbank. We aim to fund 1) a Financial Inclusion Co-ordinator to signpost & triage referrals for us and 2) a specialist debt/welfare rights casework service (both from Chelmsford Citizens Advice and 3) a CMA debt project run by a small team of volunteers to provide further, flexible money advice support

The Organising & Local Mobilisation Community Fund: mobilisation and social mobilisation are two approaches that, through funding a Part-time organiser, we aim to bring about positive change within the communities and society that we are a part of as a whole. While community mobilisation focuses on empowering and engaging individuals within our specific community, social mobilisation seeks to mobilise society at large towards a particular cause or issue, that being to bring about a time when Foodbanks are no longer necessary. Our local organiser will be responsible for building and leading a volunteer team to develop and deliver local campaigning strategies in and with Chelmsford Foodbank, organising in our community to create change. They will be the link between Chelmsford food bank and the Organising and Local Mobilisation team at Trussell Trust, as we build a movement to end the need for food banks.

The Strategic Resources Fund grant is to enable our Foodbank to release existing capacity and bring in new capacity to:

signposting or the Assemble volunteer management system

The Emergency Relief Fund is for immediate financial support for those in need. The Love Offerings Fund represents appeals for specific purposes.

13 Rental commitments

The charity has entered into a partnership agreement with the Eastern Synod of the URC to occupy a building at North Avenue Christian Centre, under which it pays £12 per year for rent up until 30 September 2024.

14 Transactions with related parties

During the year the charity:

a) received donations totalling £18,350 (2023: £12,900) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).

15 Members

Each member of the company commits to contribute if the charity is wound up an amount of £10.

Page 17

THE RIVER CHURCH CHELMSFORD LTD DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES FOR THE YEAR ENDED 31 MARCH 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations
3
Charitable activities
Investments
Total income and endowments
EXPENDITURE ON:
Charitable activities:
4
Total Expenditure
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 1
1
1
1		 Unrestric Designated
2024
£
-
-
-
-
-
-
-
-
-
-
-
ted funds		 Restricted
2024
£
448,312
-
-
448,312
428,664
428,664
19,648
(389)
19,258
387,051
406,310		 Total
2024
£
576,110
4,522
283
580,915
537,306
537,306
43,609
-
43,609
408,537
452,146		 1
1
(

(

 General
2023
£
76,984
-
133
77,117
00,734
00,734
23,617)
12,699
10,917)
32,403
21,486
Unrestric		 Designated
2023
£
-
-
-
-
-
-
-
-
-
-
-
ted funds		 Restricted
2023
£
446,368
822
447,190
310,273
310,273
136,917
(12,699)
124,218
262,833
387,051		 Total
2023
£
523,352
-
955
524,307
411,006
411,006
113,301
-
113,301
295,236
408,537
General
2024
£
27,798
4,522
283
32,603
08,642
08,642
23,961
389
24,351
21,486
45,836

Page 18