2020-08-31-accounts

Aldersgate Renewal Ministries-UK

Aldersgate Renewal Ministries-UK

(A Charitable Incorporated Organisation)

Report and Financial Statements For The Year End August 31st 2020

Charity Number 1168429

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TRUSTEES ANNUAL REPORT AND ACCOUNTS

Aldersgate Renewal Ministries-UK (A Charitable Incorporated Organisation)

Financial Statements For The Year End August 31st 2020

Contents

Legal and Administrative Information Report of the Trustees Statement of Financial Activities Balance Sheet Notes forming part of the financial statements

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TRUSTEES ANNUAL REPORT AND ACCOUNTS

Aldersgate Renewal Ministries-UK

Report of the Trustees for the year ended 31st August 2020

The Trustees present their report and audited financial statements for the year ended 31st August 2020

Reference and Administrative Information

Charity Name: Aldersgate Renewal Ministries-UK Charity registration number: 1168429 Operational address: 40 North Meadows, Peasdown St John, Bath BA2 8PS

Trustees:

Mr P Strange Chair Mrs A Paling

Mr A Whysall Mrs S Worrall

Director:

Rev D Winstanley

Auditors: Dr G H Smith

Bankers: HSBC 26 Clumber St, Nottingham NG1 3GA

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TRUSTEES ANNUAL REPORT AND ACCOUNTS

Our Aims and Objectives

Purposes and Aims

Our charity’s purposes as set out in the objects contained in the company’s memorandum of association are:

"The advancement of the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist church through promoting the work and ministry of the Holy Spirit in local Christian churches throughout the UK by the provision of teaching, ministry and training.”

Ensuring Our Work Delivers Our Aims

The majority of our work is done with local churches through weekend renewal events. Since ARM-UK began the weekend programme used has been “The Life in the Spirit Experience” and at each event we receive feedback from the local church, which helps us to evaluate the effectiveness of our ministry.

Who Beneftted From Our Work?

Between September 2019 and August 2020 we ministered in churches in Keynsham, Darley Dale, Tavistock, Plymouth and Rotherham as well as hosting our fourth annual conference.

Participants in the local church events ranged in age from 11 - 90+ years. Most have been members of the church for many years but some described themselves as new Christians. ARM-UK always tries to record testimonies from participants about their experience of the weekend (some of which can be viewed or read on our website) and from these we have seen how our ministry has had a significant positive impact on the lives of many people.

Financial Review

Our main sources of income continue to come from donations from individuals, donations from churches and revenue from weekend events

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TRUSTEES ANNUAL REPORT AND ACCOUNTS

which we run in local churches. As of 31st August 2020 our gift income stood at £7244.53 up from £5472.93the previous year and income from weekend events was £6468.97 up from £3317.47.

Expenses decreased from £3894.36 at 31st August 2019 to £1529.18 for the year at 31st August 2020.

Reserves Policy

It is the view of the trustees that Aldersgate Renewal Ministries-UK does not need to operate with financial reserves at this time for our on-going work. Our principle costs arise from running weekend events and the income from these events more than covers the costs.

However, our reserves policy is to build up our reserves so that we can employ someone to develop to the scope and the work of ARM-UK.

Structure, Governance and Management

Governing Document

The charity is a Charitable Incorporated Organisation, registered as a charity on 26th July 2016. It was established under a Charity Commission model constitution for a Charitable Incorporated Organisation, which established the objects and powers of the organisation and is governed under its Articles of Association.The Trustees continue to meet regularly along with the Director to formulate policy and strategy and for governance.

Risk Management

The Trustees have implemented the appropriate policies to minimise any risks surrounding health and safety, safeguarding and data protection. Financial oversight is carried out through regular updates and scrutiny of the accounts. All policies and procedures are periodically reviewed to ensure to ensure they continue to meet the needs of the charity.

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TRUSTEES ANNUAL REPORT AND ACCOUNTS

				Aldersgate Renewal Ministries- UK
					Registered Charity No. 1168429
			Balance Sheet from 1 September 2019 to 31 August 2020
	INCOME							EXPENDITURE
	Gifts and charges					13,227.17		CloverleyHall,2020		7,659.00
	Everyclick					32.38		Conference speaker expenses		80.00
								Printing		833.00
								Deposit for The Hayes,2022		2,760.00
								Web hosting		125.00
								IT equipment		428.18
								Estonian T shirts		126.83
	TOTALS					13,259.55				12,012.01
	EXCESS of Income overexpenditure									1,247.54
	Balance broughtforwardfromprevious year:
						HSBC current account on31.08.19			9,548.16
						Cash in hand on31.08.19			61.21
										9,609.37
	CASH ASSETS on 31.08.20									10,856.91
	Consistingof:					HSBC current account				10,795.70
						Cash in hand				61.21
	CASH ASSETS on 31.08.20 carried forward to nextyear									10,856.91
	I have examined the bankstatements, accounts and other records of
	Aldersgate Renewal Ministries -UK and hereby certify that this analysis of
	Income & Expenditure accurately represents the financial activity of the charity
	for the financial year from 1st September 2019 to 31st August 2020.
	Signed:
	Name:	GeoffreyHarrisonSmith
		IndependentFinancialExaminer
		P: 01761 471063					E: [e-mail]
	Date:	11thJune2021

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