REGISTERED CHARITY NUMBER: 1148208
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023
for
REACHOUT COMMUNITY CHURCH IRCHESTER
Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB
REACHOUT COMMUNITY CHURCH IRCHESTER
Contents of the Financial Statements for the year ended 31 MARCH 2023
|
|
Page |
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Report of the Trustees |
1 |
to |
4 |
Independent Examiner's Report |
|
5 |
|
Statement of Financial Activities |
|
6 |
|
Balance Sheet |
7 |
to |
8 |
Notes to the Financial Statements |
9 |
to |
16 |
Detailed Statement of Financial Activities |
17 |
to |
18 |
REACHOUT COMMUNITY CHURCH IRCHESTER
Report of the Trustees
for the year ended 31 MARCH 2023
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31March2023.Thetrustees have
adoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsin accordancewiththeFinancialReportingStandardapplicablein theUK andRepublicof Ireland(FRS 102)
(effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Our objectives as set out in the constitution are as follows:
ToadvancetheChristianfaith,andtoshowtheloveofGod,inaccordancewiththeStatementofFaith,containedinthe Schedule
ofthecharity'sconstitution,insuchwaysandinsuchpartsoftheUnitedKingdomortheworld,asthetrusteesfromtimeto time
may think fit.
Torelievesicknessandfinancialhardshipandtopromoteandpreservegoodhealthbytheprovisionoffunds,goodsorservices of
anykind,includingthroughtheprovisionofcounsellingandsupportinsuchpartsoftheUnitedKingdomortheworldas the
trustees from time to time think fit.
To advance education in such ways and such parts of the United Kingdom or the world as the trustees from time to time think fit.
The trustees believe that these objectives were advanced throughout the year through its varied activities and programme.
TheChurchCouncilatReachoutCommunityChurch,alsoknownastheLeadershipTeam,regularlymeetstogetherto further
advancetheobjectivesoftheorganization.Eachmemberbringsauniquebackgroundandskillsettotheteam,withtheservices of
professional organizations also employed to supplement the efforts of the team when required.
Significant activities
Aftermanyyearsoffaithfulservice,JimAldwincklehasstooddownfromhispositionasSeniorPastor,thoughhecontinues to
supporttheworkofthechurchasamemberoftheChurchCouncil.JamesHodgsonhastakenoverthereins,anda special
commissioning service was held in the church on 19th March 2023.
.
Overthepastyear,somefurtherworkhasbeencarriedoutonthechurchproperty,buildingontheimprovementsthat were
completedinthepreviousyear.Inparticular,theheatingsystem(centralheatingandhotwaterboilers)wasreplacedwitha new
systemthatshouldprovemorereliablethantheoldersystemthatitreplaced.Thegardenareacreatedlastyearhasbeen further
improvedwithsomefencingtobetterisolatethegardenareafromtheadjoiningcarparktokeepchildrensafer.Anoutside tap
was also added to make it easier to clean the outside area.
On31stJuly2022,aspecialcommissioningservicewasheldforClareSivers,whoaftermanyyearsofserviceintheworship team
andyoungadultsworkhasbegunanewministryoverseas,beginninginEgypt.Shejoinsasmallnumberofothermembersof the
congregation that have been sent out to other countries to minister to people overseas in line with the church's objectives.
Sundayserviceshavecontinued,withmorefamiliesjoiningthecongregationandmorevolunteerssupportingtheSunday school
work.Asthechildreninthecongregationcontinuetomature,anewSundayschoolmeetingisbeingheldwhichwillfocus on
teachingtheyoungerteenagersinthecongregationtouseresourcessuchasstudybibles,onlinetoolsandstudyguidesto explore
thebibleforthemselves,andto growmoreconfidentin sharingwhattheyhavelearnedwiththeirpeers.Asin previoussummers, a
holidayclubforschoolagechildrenwasheldinAugust2022,whichwaswellattended,particularlybychildrenfromthevillage who
enjoyed times of learning, crafts and team activities.
Themen'sandwomen'sbreakfastshavecontinuedandgrownintheirattendanceoverthepastyear,withmorepeoplefrom the
localcommunityjoiningandsharinginthebiblestudiesandfellowshiptimes.Likewise,membersofthecongregation have
continued to meet together for prayer on the Tuesday and Friday evenings.
Page 1
REACHOUT COMMUNITY CHURCH IRCHESTER
Report of the Trustees
for the year ended 31 MARCH 2023
OBJECTIVES AND ACTIVITIES
Public benefit
Alltheactivitiesofthechurchareopentomembersofthepublicandnoneareexclusivelyforchurchmembers.However,at the
Annual General Meetings, only regular attendees of the church are invited to vote.
FINANCIAL REVIEW
Reserves
Reservesheldattheendofthefinancialyearamountedto£155,978(2022:151,330).Theannualexpenditureofthechurch is
currently around £50,000 and the reserves cover a year's projected expenditure.
Thetrusteesconsidertheincomeofthecharitylinkeddirectlytothegatheringofthecongregation,facilitatedbytheprovision of
meetingfacilities.Thereservespolicyhasbeenbasedonthecontinuingprovisionofthosefacilities.Intheeventofincome being
reducedorstopped,thetrusteesconsiderareserveof6months'operatingcostssufficienttoreorganiseorre-deploythe charity's
assetsandhaveagreedthataminimumof£18,500willbeheldinahigh-interest,120daynoticeaccountusedsolelyfor this
purpose.Accruedinterestmaybetransferredtothecharity'scurrentaccountfromtimetotimeasdeemedappropriateby the
trustees.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
InAugust2021thecharitywithdrewfromAssembliesofGodandanewconstitutionwasdraftedandpolicydocumentsarein the
processofbeingre-written.Theyarebasicallythesameasthoseusedinpreviousyears,buttheconstitutionhasyettobe legally
processed.
ReachoutCommunityChurchIrchesterwasadoptedasaregisteredcharitywiththeCharityCommissionon19thJuly2012 and
has the following classification.
Religious activities
Education and training.
Relief of poverty
Page 2
REACHOUT COMMUNITY CHURCH IRCHESTER
Report of the Trustees
for the year ended 31 MARCH 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governance and management
ReachoutCommunityChurchhasastrongandeffectiveleadershipteam.Theleadersareverymuchactiveinthe strategic
directionoftheorganisationandarecommittedtocontinuousdevelopmentoftheorganisationtomeet,andwhere possible,
surpass its objectives.
Thecollectiveskillsandexperienceoftheleadershipteamiswideranging,andinadditionReachoutCommunityChurch Irchester
also employ professional organisations and individuals where required.
Overthepastyear,somemajorworkwasdoneattherearoftheproperty.Patiodoorsreplacedthewindowsinthetwo back
rooms,andthisinvolvedrepositioningtheradiators;anewbackdoorwasfittedtothekitchen;anewdoorandopaque window
wasfittedtothebarn.Theasbestoslean-towasprofessionallyremoved;thegardenwaslaidwithartificialgrassanda wooden
pergolaerected.Thegardenisnowapleasantspacetorelaxandenjoyoutdoorgatherings.Allthebackroomswere decorated,
includingthekitchen,innercorridor,andthetwoclassrooms.Aquotehasbeensoughttoreplacethecentralheatingand hot
water boilers and this work is planned to be carried out later in the year.
ThechurchrespondedtotheappealstohelpAfghanrefugeesandtohelpUkrainewhenwarbrokeout,and£1,000wassentto a
PolishpastortohelpUkrainianrefugeeswhohadfledtotheborder.Inaddition,thechurchcollectedgoodstogoto Ukraine,
working in partnership with Help for Ukraine Northamptonshire.
ThechurchslowlystartedtorecoverfromtheCovidyearandlock-downs.Whilstsomeactivitiescametoanend,others have
beenset-up.WehaveintroducedmonthlybreakfastBibleStudymeetingsformenandwomenonseparateSaturdays.A children's
holidayclubwasheldinthesummer,children'sExplorergroupstartedmeetinginthechurchagainratherthanonline,and the
Sundayservicescontinuedthroughout,usingZoomandVimeolinksuntilCovidrestrictionswereliftedinJulywhenservices were
held in church again. Twice weekly prayer meetings continued, and a weekly home group meets for Bible study and prayer.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1148208
Principal address
2 - 4 High Street
Irchester
Northamptonshire
NN29 7AB
Trustees
J T Aldwinckle
L Moses
I D Hodgson
J I Hodgson (appointed 11.10.22)
R T Barley (appointed 11.10.22)
G A Goonesekera (appointed 11.10.22)
Independent Examiner
Carl Elsby
Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB
Page 3
REACHOUT COMMUNITY CHURCH IRCHESTER
Report of the Trustees
for the year ended 31 MARCH 2023
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
...............................................................................................
J I Hodgson - Trustee
Page 4
Independent Examiner's Report to the Trustees of Reachout Community Church Irchester
Independent examiner's report to the trustees of Reachout Community Church Irchester
IreporttothecharitytrusteesonmyexaminationoftheaccountsofReachoutCommunityChurchIrchester(theTrust)for the
year ended 31 March 2023.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewiththe requirements
of the Charities Act 2011 ('the Act').
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActandincarryingout my
examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattentionshould be
drawn in this report in order to enable a proper understanding of the accounts to be reached.
Carl Elsby
Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB
Date: .............................................
Page 5
REACHOUT COMMUNITY CHURCH IRCHESTER
Statement of Financial Activities
for the year ended 31 MARCH 2023
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
49,784
Investment income
3
497
Total
50,281
EXPENDITURE ON
Charitable activities
4
Charitable activities
29,177
Governance costs
11,974
Other
4,970
Total
46,121
NET INCOME/(EXPENDITURE)
4,160
RECONCILIATION OF FUNDS
Total funds brought forward
107,608
TOTAL FUNDS CARRIED FORWARD
111,768 |
Restricted
funds
£
4,580
-
4,580
4,092
-
-
4,092
488
43,722
44,210 |
2023
Total
funds
£
54,364
497
54,861
33,269
11,974
4,970
50,213
4,648
151,330
155,978 |
2022
Total
funds
£
50,724
223
50,947
35,630
6,656
9,618
51,904
(957)
152,287
151,330 |
|
|
|
|
The notes form part of these financial statements
Page 6
REACHOUT COMMUNITY CHURCH IRCHESTER
Balance Sheet
31 MARCH 2023
Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
8
166,698
CURRENT ASSETS
Debtors
9
2,121
Cash at bank and in hand
30,257
32,378
CREDITORS
Amounts falling due within one year
10
(14,020)
NET CURRENT ASSETS
18,358
TOTAL ASSETS LESS CURRENT
LIABILITIES
185,056
CREDITORS
Amounts falling due after more than one year
11
(73,288)
NET ASSETS
111,768 |
Restricted
funds
£
43,302
-
908
908
-
908
44,210
-
44,210 |
2023
Total
funds
£
210,000
2,121
31,165
33,286
(14,020)
19,266
229,266
(73,288)
155,978 |
2022
Total
funds
£
210,000
2,106
37,454
39,560
(12,805)
26,755
236,755
(85,425)
151,330 |
|
|
|
|
The notes form part of these financial statements
continued...
Page 7
REACHOUT COMMUNITY CHURCH IRCHESTER
Balance Sheet - continued
31 MARCH 2023
FUNDS
14
Unrestricted funds:
General fund
Restricted funds:
Restricted fund
Revaluation fund
Ukraine Appeal
TOTAL FUNDS |
111,768
908
43,302
-
44,210
155,978 |
107,608
-
43,302
420 |
|
|
43,722 |
|
|
|
|
|
151,330 |
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon.............................................and were
signed on its behalf by:
.............................................
J I Hodgson - Trustee
.............................................
L Moses - Trustee
The notes form part of these financial statements
Page 8
REACHOUT COMMUNITY CHURCH IRCHESTER
Notes to the Financial Statements
for the year ended 31 MARCH 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenpreparedin accordance
withtheCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statementof RecommendedPractice applicable
tocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKand Republic
ofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshavebeen prepared
under the historical cost convention.
Income
Allincomingresourcesareincludedinthestatementoffinancialactivitieswhenthecharityisentitledtotheincome and
theamountcanbequantifiedwithreasonableaccuracy.Thefollowingspecificpoliciesareappliedtoparticular categories
of income.
Voluntaryincomeisreceivedbywayofgrants,donationsandgiftsandisincludedinfullinthestatementof financial
activitieswhenreceivable.Grantswhereentitlementisnotconditionalonthedeliveryofaspecificperformanceby the
charity, are recognised when the charity becomes unconditionally entitled to the
grant.
Donatedservicesandfacilitiesareincludedatthevaluetothecharitywherethiscanbequantified.Thevalueof services
provided by volunteers has not been included.
Investment income including associated income tax recoveries, is recognised when receivable.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthecharityto that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have been allocated to activities on a basis consistent with the use of resources.
Governance costs
Governancecostscompriseallcostsinvolvingthepublicaccountabilityofthecharityanditscompliancewith regulation
andgoodpractice.Thesecostsincludecostsrelatedtostatutoryaccountsandlegalfeestogetherwithanappointment of
overhead and support costs.
Tangible fixed assets
ThefreeholdpropertyiscarriedatfairvaluedeterminedannuallybytheTrusteesfromthecurrentmarketand property
yieldsforcomparablerealestate,adjustedifnecessaryforanydifferenceinthenature,locationorconditionofthe specific
asset. No depreciation is provided. Changes in fair value are recognised in a revaluation reserve.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Funds held by the Charity are either:
RestrictedFunds-Incomereceivedforrestrictedpurposesisincludedinaseparaterestrictedfundagainst which
appropriate expenditure is allocated.
DesignatedFunds- Designatedfundsareallocatedoutof unrestrictedfundsbythetrusteesforspecificpurposes.The use
of such funds is at the trustees' discretion.
continued...
Page 9
REACHOUT COMMUNITY CHURCH IRCHESTER
Notes to the Financial Statements - continued
for the year ended 31 MARCH 2023
1. ACCOUNTING POLICIES - continued
Fund accounting
UnrestrictedGeneralFunds-Thesearefundswhichcanbeusedinaccordancewiththecharitableobjectivesat the
discretion of the trustees.
2. DONATIONS AND LEGACIES
Gifts and donations
Gift aid
INVESTMENT INCOME
Deposit account interest |
2023
£
46,694
7,670
54,364
2023
£
497 |
2022
£
43,171
7,553 |
|
|
50,724 |
|
|
2022
£
223 |
3. INVESTMENT INCOME
4. CHARITABLE ACTIVITIES COSTS
5.
CHARITABLE ACTIVITIES COSTS |
|
|
|
|
|
Direct |
|
Support |
|
|
Costs (see |
|
costs (see |
|
|
note 5) |
|
note 6) |
Totals |
|
£ |
|
£ |
£ |
Charitable activities |
33,075 |
|
194 |
33,269 |
Governance costs |
|
- |
11,974 |
11,974 |
Other |
4,970 |
|
- |
4,970 |
|
38,045 |
|
12,168 |
50,213 |
DIRECT COSTS OF CHARITABLE ACTIVITIES |
|
|
|
|
|
|
|
2023 |
2022 |
|
|
|
£ |
£ |
Rates and water |
|
|
(9) |
204 |
Insurance |
|
|
1,103 |
1,011 |
Light and heat |
|
|
5,711 |
9,710 |
Telephone |
|
|
635 |
684 |
Postage and stationery |
|
|
39 |
66 |
Advertising |
|
|
206 |
- |
Outreach |
|
|
13,448 |
13,192 |
Repairs and maintenance |
|
|
9,579 |
5,355 |
Cleaning |
|
|
279 |
46 |
Catering |
|
|
640 |
730 |
Lease of office equipment |
|
|
1,110 |
1,110 |
Subscriptions |
|
|
496 |
1,439 |
Licences |
|
|
379 |
670 |
Books |
|
|
22 |
148 |
Carried forward |
|
|
33,638 |
34,365 |
continued...
Page 10
REACHOUT COMMUNITY CHURCH IRCHESTER
Notes to the Financial Statements - continued
for the year ended 31 MARCH 2023
5. DIRECT COSTS OF CHARITABLE ACTIVITIES - continued
DIRECT COSTS OF CHARITABLE ACTIVITIES - continued |
|
|
Brought forward
Craft consumables
Events
Donations
Printing
Other property repairs |
2023
£
33,638
94
226
3,819
268
-
38,045 |
2022
£
34,365
19
-
883
325
9,618 |
|
|
45,210 |
6. SUPPORT COSTS
Charitable activities
Governance costs |
Governance
Finance
costs
£
£
194
-
-
11,974
194
11,974 |
Totals
£
194
11,974 |
|
|
12,168 |
7. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2023norfortheyear ended
31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
8. TANGIBLE FIXED ASSETS
COST OR VALUATION
At 1 April 2022 and 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
Cost or valuation at 31 March 2023 is represented by:
Valuation in 2023 |
Freehold
property
£
210,000 |
|
210,000 |
|
210,000 |
|
Freehold
property
£
210,000 |
continued...
Page 11
REACHOUT COMMUNITY CHURCH IRCHESTER
Notes to the Financial Statements - continued
for the year ended 31 MARCH 2023
8. TANGIBLE FIXED ASSETS - continued
If the freehold property had not been revalued it would have been included at the following historical cost:
2023
£
Cost
166,698
Freehold property was valued on an open market basis on 31 March 2020 by an independent valuer.
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Prepayments and accrued income
2,121
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Bank loans and overdrafts (see note 12)
12,101
Other creditors
1,919
14,020
11.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023
£
Bank loans (see note 12)
73,288
12.
LOANS
An analysis of the maturity of loans is given below:
2023
£
Amounts falling due within one year on demand:
Bank loans
12,101
Amounts falling between one and two years:
Bank loans - 1-2 years
12,758
Amounts falling due between two and five years:
Bank loans - 2-5 years
42,324
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
18,206 |
|
2022
£
166,698 |
2022
£
166,698 |
|
|
|
2022
£
2,106 |
|
|
|
2022
£
11,325
1,480 |
|
|
|
12,805 |
|
|
|
2022
£
85,425 |
|
|
|
2022
£
11,325 |
|
|
|
12,137 |
|
|
|
40,264 |
|
|
|
33,024 |
continued...
Page 12
REACHOUT COMMUNITY CHURCH IRCHESTER
Notes to the Financial Statements - continued
for the year ended 31 MARCH 2023
13. SECURED DEBTS
The following secured debts are included within creditors:
|
2023 |
2022 |
|
£ |
£ |
Bank loans |
85,389 |
96,750 |
A first legal charge is in place over the freehold property.
14. MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Restricted fund
Revaluation fund
Ukraine Appeal
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted fund
Ukraine Appeal
TOTAL FUNDS |
Net
movement
At
At 1.4.22
in funds
31.3.23
£
£
£
107,608
4,160
111,768
-
908
908
43,302
-
43,302
420
(420)
-
43,722
488
44,210
151,330
4,648
155,978
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
50,281
(46,121)
4,160
4,580
(3,672)
908
-
(420)
(420)
4,580
(4,092)
488
54,861
(50,213)
4,648 |
|
|
continued...
Page 13
REACHOUT COMMUNITY CHURCH IRCHESTER
Notes to the Financial Statements - continued
for the year ended 31 MARCH 2023
14. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Revaluation fund
Ukraine Appeal
Compassion UK
TOTAL FUNDS |
Net
movement
At 1.4.21
in funds
£
£
108,985
(1,322)
43,302
-
-
420
-
(55)
43,302
365
152,287
(957) |
Transfers
between
funds
£
(55)
-
-
55
55
- |
At
31.3.22
£
107,608
43,302
420
- |
|
|
|
43,722 |
|
|
|
151,330 |
Comparative net movement in funds, included in the above are as follows:
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
49,882 |
(51,204) |
(1,322) |
Restricted funds |
|
|
|
Ukraine Appeal |
420 |
- |
420 |
Compassion UK |
645 |
(700) |
(55) |
|
1,065 |
(700) |
365 |
TOTAL FUNDS |
50,947 |
(51,904) |
(957) |
continued...
Page 14
REACHOUT COMMUNITY CHURCH IRCHESTER
Notes to the Financial Statements - continued
for the year ended 31 MARCH 2023
14. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Restricted funds
Restricted fund
Revaluation fund
Compassion UK
TOTAL FUNDS |
Net
movement
At 1.4.21
in funds
£
£
108,985
2,838
-
908
43,302
-
-
(55)
43,302
853
152,287
3,691 |
Transfers
between
funds
£
(55)
-
-
55
55
- |
At
31.3.23
£
111,768
908
43,302
- |
|
|
|
44,210 |
|
|
|
155,978 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheaboveare as
follows:
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
100,163 |
(97,325) |
2,838 |
Restricted funds |
|
|
|
Restricted fund |
4,580 |
(3,672) |
908 |
Ukraine Appeal |
420 |
(420) |
- |
Compassion UK |
645 |
(700) |
(55) |
|
5,645 |
(4,792) |
853 |
TOTAL FUNDS |
105,808 |
(102,117) |
3,691 |
Purposes of unrestricted funds
Toprovidebenefittothecommunityinwhichthecharityoperatesbyofferingspiritualandmoralsupporttoindividuals of
allagesandbackgrounds.InparticularpastoralandeducationalservicesareavailabletogetherwithChristiansupport and
advice.
Purposes of restricted funds
TherestrictedfundismadeupofdonationsreceivedforcontributionstoCompassionUKtosupportthewelfare of
children. In addition, funds were received during the year to assist Olga Kopilova with her charity work in Israel.
continued...
Page 15
REACHOUT COMMUNITY CHURCH IRCHESTER
Notes to the Financial Statements - continued
for the year ended 31 MARCH 2023
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
Page 16
REACHOUT COMMUNITY CHURCH IRCHESTER
INCOME AND ENDOWMENTS
Donations and legacies
Gifts and donations
Gift aid
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Charitable activities
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Outreach
Repairs and maintenance
Cleaning
Catering
Lease of office equipment
Subscriptions
Licences
Books
Craft consumables
Events
Donations
Printing
Other property repairs
Support costs
Finance
Bank charges |
Detailed Statement of Financial Activities
for the year ended 31 MARCH 2023
2023
2022
Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
£
£
£
£
42,114
4,580
46,694
43,171
7,670
-
7,670
7,553
49,784
4,580
54,364
50,724
497
-
497
223
50,281
4,580
54,861
50,947
(9)
-
(9)
204
1,103
-
1,103
1,011
5,711
-
5,711
9,710
635
-
635
684
39
-
39
66
206
-
206
-
13,028
420
13,448
13,192
9,579
-
9,579
5,355
279
-
279
46
640
-
640
730
1,110
-
1,110
1,110
496
-
496
1,439
379
-
379
670
22
-
22
148
94
-
94
19
226
-
226
-
147
3,672
3,819
883
268
-
268
325
-
-
-
9,618
33,953
4,092
38,045
45,210
194
-
194
38 |
Detailed Statement of Financial Activities
for the year ended 31 MARCH 2023
2023
2022
Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
£
£
£
£
42,114
4,580
46,694
43,171
7,670
-
7,670
7,553
49,784
4,580
54,364
50,724
497
-
497
223
50,281
4,580
54,861
50,947
(9)
-
(9)
204
1,103
-
1,103
1,011
5,711
-
5,711
9,710
635
-
635
684
39
-
39
66
206
-
206
-
13,028
420
13,448
13,192
9,579
-
9,579
5,355
279
-
279
46
640
-
640
730
1,110
-
1,110
1,110
496
-
496
1,439
379
-
379
670
22
-
22
148
94
-
94
19
226
-
226
-
147
3,672
3,819
883
268
-
268
325
-
-
-
9,618
33,953
4,092
38,045
45,210
194
-
194
38 |
|
|
|
|
|
50,724
223 |
|
|
50,947
204
1,011
9,710
684
66
-
13,192
5,355
46
730
1,110
1,439
670
148
19
-
883
325
9,618 |
|
|
45,210
38 |
This page does not form part of the statutory financial statements
Page 17
REACHOUT COMMUNITY CHURCH IRCHESTER
Detailed Statement of Financial Activities
Finance
Governance costs
Accountancy and legal fees
Loan interest
Total resources expended
Net (expenditure)/income |
for the year ended 31 MARCH 2023
2023
2022
Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
£
£
£
£
7,016
-
7,016
1,540
4,958
-
4,958
5,116
11,974
-
11,974
6,656
46,121
4,092
50,213
51,904
4,160
488
4,648
(957) |
|
|
This page does not form part of the statutory financial statements
Page 18