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2023-08-31-accounts

Annual Report and Accounts for the year ending 31[st] August 2023

Charity number: Charity Commission, England and Wales 1173963 Scottish Charity Regulator SC049975 Website: www.renewwellbeing.org.uk

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Contents of the Annual Reports and Accounts For the year ended 31[st] August 2023

Charity Information 3
Structure and Governance 4
Summary of Objectives 4
Summary of the Main Activities 4
Summary of the Main Achievements 5
Financial Review 6
Independent Examiners report 7
Receipts and Payment Accounts 8
Notes to the accounts 9

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Renew wellbeing Trustees Report – Charity Information For the year ended 31[st] August 2023

Director Ruth Rice (full time employed) Chair of Trustees Sharon Bell Trustee Sally Griffiths Trustee Sarah Phillips Trustee Gareth Davidson Trustee and treasurer Michael Paterson Part-time Administrator Amanda Halloway (30 hrs per week)

Area Co-ordinators part time paid:

16 hours a week - Fiona Firestone, Sarah Fegredo and Margaret Blakey 8 hours a week - Mary Byrne, Shirley Whymark and Jonathan Turner (from April 23)

South Wales and Wales Co-ordinator - Naomi Dickerson (part time 24 hours a week). Naomi is part funded by South Wales Baptist association through secondment agreement.

Youth Children and Family Renew scoping project - Sarah Fegredo (part time 8 hours a week)

Registered Office 66 Bisham Drive West Bridgford Nottingham NG2 6LT ruth@renewwellbeing.org.uk Bankers National Westminster Bank 52 Rectory Rd West Bridgford Nottingham NG2 6FF Website renewwellbeing.org.uk Independent Examiner David Ellis

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Renew wellbeing Trustees Report For the year ended 31[st] August 2023

Structure and Governance

Renew Wellbeing is registered with the Charity Commission, charity number 1173963 and from February 2020 with the Scottish Charity Regulator, charity number SC049975.

The charity is governed under a constitution and operates as a Charitable Incorporated Organisation (CIO). New trustees are selected and appointed by existing trustees.

The original Trustees were appointed in line with policy in the constitution. The trustees meet quarterly and all meetings are minuted. The trustees have attended Renew spaces and had training and experience in what the charity does. They have read and understood the duties and responsibilities of a charity trustee.

The Chair of trustees supervises the Director who is paid full time. The Director is responsible for the general running of the charity, visiting, training and supporting churches wanting to set up Renew spaces. The administrator is paid part time and works alongside the Director.

The charity has employed seven part time Area Co-ordinators. Each Area Coordinator is building a team of volunteer local links and hubs. These links provide ongoing support and reviews to Renew spaces in their area. They are accountable to the Area Co-ordinator. Each Renew centre is run by hosts who are either volunteers attached to the local church or employees of the local church.

All the training to set up a Renew centre is delivered via online platforms with in person visits where possible. The Area coordinators for North, South East, South West, East, West of England, Scotland and Wales oversee all centres in their wide geographical area. The Director oversees the work of the whole charity, all training and the work of local links in Northern Ireland and Isle of Man and develops new partnerships, funding possibilities and work.

Summary of Objectives

Renew Wellbeing exists to raise awareness of mental and emotional health issues and train, support and encourage the church as it engages with its community in such issues. Renew Wellbeing wants to see an end to isolation and better mental health for all by training and supporting churches to open small quiet shared spaces where it’s OK not to be OK.

Summary of the main Activities

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The charity works for the public benefit by enabling churches to set up spaces that are overtly inclusive of the whole community and most particularly of the needs of the most isolated, most anxious and most vulnerable people in their community. This is not benefitting churches, it is encouraging churches to serve and benefit society by sustaining simple quiet shared community spaces in partnership with existing mental health services.

Summary of the Main Achievements

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Financial Review

The year to 31 August 2023 is the sixth year of activity for Renew Wellbeing CIO and the accounts for the year are set out in pages 8 to 9 of the Annual Report.

In the year, the charity has received grants and donations of £115,860 from a combination of sources, largely partner organisations, church projects and interested individuals. Where applicable, tax has been recovered from donations made under the Gift Aid scheme.

Payments made over the same period were £122,136. The largest portion (85%) of this was the cost to employ nine staff members (was 7 in the previous year). During the year, one additional Area Co-ordinator was employed to cover Scotland and a second Area Co-ordinator employed to cover the South (which has now been split into South East and South West). Other areas of cost have increased year on year as Local retreats have started and attendance at conferences has re-commenced.

As a result of the above, the charity had an operating deficit of £(6,276) compared to a surplus of, £44,294 in the previous year. The previous year surplus included £14,400 that had been received to help fund the increase in the hours for the Administrator and the Area Co-ordinators. This has been spent in full and hence the Restricted Fund for staff costs has decreased.

Funds held by Renew Wellbeing CIO

The bulk of the money received is for the general use of the charity, to be used at the discretion of the Trustees to further the aims of the charity. However, some donations were received that were given to support specific items of expenditure and these are recorded as restricted funds in the accounts. There were two restricted funds in the accounts to August ’23:

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Reserves Policy

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The trustees do not seek to hold unnecessary funds that are in excess of the charity’s financial needs. In order to provide sufficient funds for working capital and to ensure the ability of the charity to continue operation in the event of funding being restricted, the Trustees consider that a general fund equivalent to six months operating expenditure is appropriate. This would be approximately £65,000 (based on the Budget for the 2023/24 financial year). The current balance on the general fund of £107,700 is in excess of the target value. The Budget for 2023/24 is set with a deficit of approximately £(24,000) which will decrease the value of the general fund by the end of the next financial year. Given this and also taking into account the current economic climate it is felt that no action should be taken to further manage the level of

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reserves. INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF REhlEW WELLBEING I r8POrt on the rw and ac¢ounts of the charity for Ihe year 8ndod 31 August 2023. R•spon¥lbilitl•s of th• TnMt••• and th• E¥min•r As the chanty's T￿￿tee5. you are respor￿iblfj ts the preparatson of the accounts. You consider that: an audrt is not required ft)r ts year under section 144(2) of the Chanti88 Ad 2011 (the 2011 Act) and that an Independent examinalion is needed.. the charrty is preparing a￿<￿Ints on a receipts and payr￿lts basis., and l am qualrfd to undertake the oxamination. It is my respOrts￿lI￿ to: examine the acc￿nts under secbon 145 of the chant￿ Act 2011., to follow the procedures laid down in the Ge￿ra1 Direction3 given by the Chanty CommissK)n under s8cbon 145{5){b) of the 2011 Acl, aTr to stste whether particular matters have come to my attentson. Ba$ls of Ind•p•ndDnt •xwnln•fs rnport My examinab'on was Carried out in accordance with ts Gerwal Directions given by the Charits'es CommissFoners. An examination inclLKles a revknv of the accounb'ng records kept by th8 chanty and a comparison of the accounts w8sented wrth those records. It also inclLJes consideration of any unusu81 rtems or disclosures in the accounts. and sèèking explanations from you, as th8 Trustees ¢onceming such matter8. The procedures urKlertaken do not prowde all th8 ewdence thal would be required in an audit and consequentty no opinion is given as to whether the accounts present a Irue and fair view and tho report is limrted to those mattws set in the ststem8nt below. Indwnd•nt •xmin•rfs •1at•m•nt In connection with my examination. no matter has come to my attenb'on.. {1) wh￿h gives me ￿8$onable cause to b8h.eve that in any material respect th& following requirements h8ve not been rnet: to keep accouthng rocords in aGcordance with sedion 130 01 the 2011 Act and lo preparg accounts vthich accord wth the accountsng rec¢rds and comply wrth the accounting requirements of the 2011 A¢( (2) to Wh￿h. in my opinion. attention should be drawn in ordor to onable a pr<)per understandir¥J of the accounts to be react*d. &'grwd." Dav￿ M Ellis 32 River3Kle, Southwell, Notti'nghamshire Date.. 29 Novernbef 2023

Renew Wellbeing CIO. Registered Charity number England & Wales:1173963, Scotland:SC049975 Receipts and Payments Accounts for the year ended 31 August 2023

Notes General fund Restricted funds Restricted funds Aug 23 Aug 22
For stafng For specifc
costs renew spaces Total Total
Opening cash balances 98,353.56 15,622.73 0.00 113,976.29 69,682.72
Cash funds last year end 98,353.56 15,622.73 113,976.29 69,682.72
Receipts
Grant - Baptist Union Newington Fund 20,000.00 20,000.00 20,000.00
Grant - Allen Lane Foundation 0.00 3,500.00
EBA /SWBA/ Benefact Trust/WEBA 5,000.00 14,665.36 19,665.36 31,231.00
From church projects 25,180.22 25,180.22 24,600.74
Individuals - Gift aided 17,374.03 17,374.03 18,380.00
Tax reclaimed 4,470.19 4,470.19 4,648.86
Individuals - Not Gift Aided 13,761.32 13,761.32 10,167.26
Book sales 518.00 518.00 1,783.86
Local Retreat days 2,585.00 2,585.00 0.00
Other receipts (2 ) 12,205.93 100.00 12,305.93 7,793.00
Total receipts 115,860.05 122,104.72
Payments
Salaries and National Insurance (73,684.53 ) (27,924.72 ) (101,609.25 ) (64,592.13 )
Pension contributions (2,019.00 ) (405.72 ) (2,424.72 ) (1,622.01 )
Travel (4,164.75 ) (952.06 ) (5,116.81 ) (4,076.19 )
Staf training/coaching (1,807.63 ) (1,807.63 ) (1,202.93 )
Local Retreat days (3,620.49 ) (3,620.49 ) 0.00
Publicity (1,500.81 ) (1,500.81 ) (477.00 )
Ofce & Stationery costs (2,915.51 ) (2,915.51 ) (2,558.99 )
Book costs (1,100.00 ) (1,100.00 ) (2,037.65 )
Other payments (3 ) (1,940.72 ) (1,940.72 ) (1,144.25 )
Support for projects (100.00 ) (100.00 ) (100.00 )
Transfer between funds 0.00 0.00
Total payments (122,135.94) (77,811.15)
Net Receipts / (payments) 8,341.25 (14,617.14) 0.00 (6,275.89) 44,293.57
Closing bank balances 106,694.81 1,005.59 0.00 107,700.40 113,976.29
Cash funds this year end 106,694.81 1,005.59 0.00 107,700.40 113,976.29
Statement of Assets and Liabilities
Bank balance 56,694.81 1,005.59 0.00 57,700.40 113,976.29
Cash on deposit 50,000.00 50,000.00 0.00
Tax to be reclaimed 1,895.66 1,895.66 1,826.75
Deposit for staf retreat Sep '23 900.00 900.00 0.00
Staf expenses (296.35 ) (296.35 ) 0.00
Total assets less liabilities 109,194.12 1,005.59 0.00 110,199.71 115,803.04

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Renew Wellbeing CIO. Registered Charity number England & Wales:1173963, Scotland:SC049975

Notes to the accounts

Significant amounts (over £500), received during the year were as follows:

Attleborough Baptist Church
London Diocese - Lent appeal
Reimbursement of travel expenses
St Lukes church West Bridgford
Wollaton PCC
Woodland Group - Wellbeing review
'Your Neighbour' Mental Health appeal (for new Renew spaces)
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The value of 'Other' payments is made up as follows:
Hospitality for visitors and team
Attendance at Conferences
Gifts for staf/Local Links
Books (research/training)
Aug 23
Aug 22
1,200.00
1,200.00
6,573.01
1,820.99
796.55
1,800.00
500.00
500.00
850.00
2,500.00
Aug 23
Aug 22
268.40
85.09
1,416.60
72.68
60.45
183.04
116.97
1,940.72
262.51

4 Transactions involving trustees

Trustees of the Charity do not receive any payment for acting as a trustee.

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