```
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`**||
|---|---|---|---|
|**`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
```