## Forum of Christian Leaders UK CIO
Report and Accounts Year ended 30 September 2023
-
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **FORUM OF CHRISTIAN LEADERS UK CIO**
## **YEAR ENDED 30 SEPTEMBER 2023**
## **LEGAL AND ADMINISTRATIVE DETAILS**
ADDRESS FOR CORRESPONDENCE Tyndale Lodge Grange Road Cambridge, CB3 9AS GOVERNING DOCUMENT CIO Foundation registered 2 September 2015
CHARITY REGISTRATION NUMBER 1163385 TRUSTEES RESPONSIBLE FOR Mr A Fellows MANAGING THE CHARITY Dr P Mead Dr G Pritchard (Chairman) Mrs N Leach Dr P Williams Mr A Myrick INDEPENDENT EXAMINER Ajay Rajani FCIE Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
## **INDEX**
Page 1 Legal & Administrative Details Pages 2-3 Trustees' Report Page 4 Accountant's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Page 7 Notes to the Accounts
Page 1
## **FORUM OF CHRISTIAN LEADERS UK CIO**
## **REPORT OF THE TRUSTEES**
## **YEAR ENDED 30 SEPTEMBER 2023**
The Trustees have pleasure in submitting the Report and Accounts for the year ended 30 September 2023.
## **Objects of the charity**
The object of the charity is to advance the Christian faith by providing leadership training and development for those involved in Christian ministries.
## **Organisational structure and partner charities**
New trustees are recruited and appointed by the existing trustees, by a majority vote.
The policy and operating decisions of the charity rest with the Trustees who meet regularly to monitor the activities of the CIO.
Forum of Christian Leaders UK CIO partners with Forum of Christian Leaders, a 501(c)3 non-profit organisation based in the United States, in order to pursue their mutual object to advance the Christian faith by providing leadership training and development for those involved in Christian ministries.
The charity also partners with the European Leadership Forum, a coalition movement of hundreds of Christian organisations working together in network across Europe.
## **Summary of the charity's main activities and achievements**
The charity advances the Christian faith by providing grants to support the activities of their partner organisation, the Forum of Christian Leaders, in order to pursue their mutual object to advance the Christian faith by providing leadership training and development for those involved in Christian ministries. In planning the charity's activities the Trustees apply the guidance on public benefit issued by the Charity Commission.
The grants made by the charity helped to provide training through the following retreats, short courses, conferences and mentoring programmes organised by the US based charity Forum of Christian Leaders and European Leadership Forum:
## _**1. European Leadership Forum’s Annual Meeting**_
This is an invitation-only, intensive week-long event that unites, equips, and resources Christian leaders, consisting of corporate worship, small group training, mentoring, and fellowship:
a) Over 700 Christian leaders from 52 countries were united, equipped, and resourced in ministry and leadership for the advancement of the Christian faith at the European Leadership Forum’s 2023 Annual Meeting.
b) Participants learned from 24 specialised Forum Networks (designed to mentor and resource leaders in specific ministry and vocational callings from across Europe). Most of these Networks also implemented virtual small groups to build community.
c) Participants received mentoring and counselling from senior leaders in over 241 Mentoring Meetings at the Forum, including both one-on-one and small-group meetings.
d) Over 360 Workshops were led by Forum speakers who are leading experts on various discipleship, evangelistic, leadership, and biblical topics.
## _**2. Cambridge Leaders Network**_
This is an invitation-only seminar intended to mentor key emerging Christian leaders, helping them face leadership challenges. Ten emerging ministry leaders were mentored during the Cambridge Leaders Network in management and leadership of Christian ministry.
## _**3. Cambridge Scholars Network**_
This is designed to encourage Christian Ph.D. students to consider their disciplines and calling from a biblical standpoint. Ten young Christian academics were mentored during the Cambridge Scholars Network toward spiritual maturity, biblical faithfulness, and academic excellence.
Training through each of these conferences and activities encompassed specific biblical teaching, leadership skills and the development of Christian character.
## **Grant-making policy**
The trustees carries out sufficient due diligence to ensure that all grants are expended in accordance with the charitable purposes of the charity (as set out in its governing document) and, where grants were made from restricted funds, in accordance with any donor imposed restrictions.
In July 2019 the Trustees adopted a grant-making policy. In constructing this policy, the trustees have considered guidance published by the Charity Commission.
Page 2
## **FORUM OF CHRISTIAN LEADERS UK CIO**
## **REPORT OF THE TRUSTEES**
## **YEAR ENDED 30 SEPTEMBER 2023**
## **Financial review**
During the year the charity received donations totalling £74,785 (2022: £22,186), paid grants totalling £62,999 (2022: £36,000) and paid other expenses totalling £9,519 (2022: £893). As a result cash increased by £2,267 to £11,062, of which £6,577 is unrestricted.
## **Reserves policy**
The trustees note that most of the charity's expenditure is discretionary and have determined that the charity should aim to hold unrestricted cash of no less than £3,000 so that the charity can cover its overheads. At the year end, the charity held unrestricted cash of £6,577 and the charity is complying with its reserves policy.
## **Risk management policy**
The trustees abide by a risk management policy adopted during the financial year ending in 2018. The trustees acknowledge that the responsibility for the management and control of the charity rests with them and that an integral part of this management and control is the development of a risk management policy.
Our policy is to identify and manage the possible and probably risks that the charity may face in the short and medium term as an integral part of governance. The trustees overriding responsibility is to develop, oversee and put into place systems, procedures and controls that enable the charity to be successful in achieving the purposes for which it was established and to be honouring to God.
In constructing this policy, the trustees paid due consideration to the Charity Commission guidance “How to manage risks in your charity”.
## **Responsibilities of trustees**
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
## **Approval**
This report was approved by the trustees and signed on their behalf by:
## Greg Pritchard
Greg Pritchard (Jul 2, 2024 10:37 CDT) G Pritchard
………………………………………………………..
Date: Jul 2, 2024
Page 3
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **FORUM OF CHRISTIAN LEADERS UK CIO**
I report to the trustees on my examination of the accounts of Forum of Christian Leaders UK CIO ('the charity') for the year ended 30 September 2023 on pages 5 to 7 following.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable 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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in accordance with section 130 of the 2011 Act; or
2. the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Ajay Rajani
Ajay Rajani (Jul 9, 2024 08:44 GMT+1)
Ajay Rajani FCIE Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: Jul 9, 2024
Page 4
## **FORUM OF CHRISTIAN LEADERS UK CIO**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **YEAR ENDED 30 SEPTEMBER 2023**
|Notes
**_Income receipts_**
Donations, legacies and grants
**_Total receipts_**
**Payments**
2
3
**_Total payments_**
Transfers between funds
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
A
Net
of
receipts
/
(payments)
before
transfers
Grants paid to Forum of Christian Leaders
Administrative expenses|Unrestricted
Funds
£
14,157
14,157
-
9,519
9,519
4,638
-
4,638
1,939
**6,577**|Restricted
Funds
£
60,628
60,628
62,999
-
62,999
(2,371)
-
(2,371)
6,856
**4,485**|2023
£
74,785
74,785
62,999
9,519
72,518
2,267
-
2,267
8,795
**11,062**|2022
£|
|---|---|---|---|---|
|||||22,186|
|||||22,186|
|||||36,000
893|
|||||36,893|
|||||(14,707)
-|
|||||(14,707)
23,502|
|||||**8,795**|
The notes on page 7 form part of these accounts.
Page 5
## **FORUM OF CHRISTIAN LEADERS UK CIO**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **YEAR ENDED 30 SEPTEMBER 2023**
|**A Cash funds**
Cash at bank with immediate access
**B**
**Other monetary assets**
Other debtors
**C**
**Liabilities**
Forum of Christian Leaders USA
Fees for preparation of accounts:
2022 accounts (no examination)
2023 accounts (including examination)|Unrestricted
funds
£
6,577
-
-
-
940
940|Restricted
funds
£
4,485
-
-
-
-
-|2023
£
11,062
-
-
-
940
940|2022
£|
|---|---|---|---|---|
|||||8,795|
|||||-|
|||||6,322
540
-|
|||||6,862|
## **D Guarantees and secured debts**
The charity has not given any guarantees and has not provided its assets as security for any liabilities.
The accounts were approved by the trustees and signed on their behalf
by Greg Pritchard (Jul 2, 2024 10:37 CDT)Greg Pritchard date Jul 2, 2024 --------------------------------------------------------------------------------------G. Pritchard
The notes on page 7 form part of these accounts.
Page 6
## **FORUM OF CHRISTIAN LEADERS UK CIO**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 30 SEPTEMBER 2023**
## **1 Accounting policies**
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
|**2**
**Grants paid to Forum of Christian Leaders for:**
Cambridge Scholars Network
Cambridge Leaders Network
Scholarships for leadership training
European Leadership Forum|Unrestricted
funds
£
-
-
-
-
-|Restricted
Funds
£
-
-
35,000
27,999
62,999|Total
2023
£
-
-
35,000
27,999
62,999|Total
2022
£|
|---|---|---|---|---|
|||||-
2,500
-
33,500|
|||||36,000|
All of the above grants were paid to Forum of Christian Leaders (a charity registered in the USA) to provide leadership training to those engaged in Christian ministry.
## **3 Administrative expenses:**
|Bookkeeping and administration services
Preparation of accounts
Other governance expenses
**4**
**Movement on restricted funds**
Cambridge Scholars Network
Cambridge Leaders Network
Scholarships for leadership training
European Leadership Forum|Balance
at 30.9.22
£
-
-
6,856
6,856|8,273
558
688
9,519
Receipts
£
-
-
35,000
25,628
60,628|-
-
-
-
Payments
£
-
-
(35,000)
(27,999)
(62,999)|8,273
558
688
9,519
Transfers
£
-
-
-
-
-|-
540
353|
|---|---|---|---|---|---|
||||||893|
||||||Balance
at 30.9.23
£
-
-
-
4,485|
||||||4,485|
## **5 Other relevant financial information**
During the year the charity was awarded a grant of £105,000 to help provide scholarships for leadership training over a three year period ending on 31 December 2025. From this grant award £35,000 was received during the year to 30 September 2023 and, subject to satisfying the terms of the grant award, it is anticipated that a further £35,000 will be received in each of the next two financial years.
Page 7