2022-03-31-accounts - Renew Conference

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ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

Re New Conference Charity registration number: 1174727

For the year ended 31 March 2022

Index

LEGAL & ADMINISTRATIVE DETAILS ................................................................................................................. 1

ADDRESS FOR CORRESPONDENCE ............................................................................................................................... 1 GOVERNING DOCUMENT .......................................................................................................................................... 1 CHARITY REGISTRATION NUMBER ............................................................................................................................... 1 TRUSTEES .............................................................................................................................................................. 1 BANKERS ............................................................................................................................................................... 1 INDEPENDENT EXAMINER .......................................................................................................................................... 1 TRUSTEES’ ANNUAL REPORT ............................................................................................................................ 2 STRUCTURE, GOVERNANCE AND MANAGEMENT ............................................................................................................. 2 GOVERNANCE ......................................................................................................................................................... 2 TRUSTEES’ RESPONSIBILITIES ..................................................................................................................................... 2 OBJECTS ................................................................................................................................................................ 2 OVERVIEW OF ACTIVITIES .......................................................................................................................................... 3 ACHIEVEMENTS IN THE PERIOD .................................................................................................................................. 3 FINANCIAL REVIEW .................................................................................................................................................. 3 RESERVES POLICY .................................................................................................................................................... 3 PLANS FOR FUTURE PERIODS ..................................................................................................................................... 4 APPROVAL ............................................................................................................................................................. 4 INDEPENDENT EXAMINER’S REPORT ............................................................................................................... 5 RECEIPTS AND PAYMENTS ACCOUNT ............................................................................................................... 6 STATEMENT OF ASSETS & LIABILITIES .............................................................................................................. 7 NOTES TO THE ACCOUNTS ............................................................................................................................... 8

Legal & Administrative Details

For the 12-month period ended 31 March 2022

Address for Correspondence

Re New Conference C/O St. Helen’s Church Great St. Helens London EC3A 6AT

Governing Document

Constitution dated 19 September 2017

Charity Registration Number

1174727

Trustees

Revd Mark Burkill (Chair from 9[th] September 2021) Mr Brian O’Donoghue (resigned 2[nd] December 2022) Mrs Karen Soole Mr Lee McMunn (from 17 May 2021. Resigned 1[st] January 2023) Mr Piyush Jani (from 26 January 2022) William Taylor (chair until his Trustee resignation 9[th] September 2021)

Bankers

CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Independent Examiner

Archie McDowall BA CA

Stewardship 1 Lamb's Passage London EC1Y 8AB

Re New Conference Charity registration number: 1174727

Trustees’ annual report

For the 12-month period ended 31 March 2022

The Trustees of the charity submit their annual report and the financial statements for the 12-month period ended 31 March 2022.

Structure, governance and management

Re New Conference (‘Re New ’), was incorporated on 19 September 2017, with charity number 1174727 and is governed by its Constitution. Its legal status is that of a Charitable Incorporated Organisation whose only voting members are its charity trustees.

The Trustees delegate the practical planning of the Re New Annual Conference to the Re New Planning Team, which is made up of representatives from the Trustees, Regional Leaders, Anglican Mission in England, and Church Society. The Trustees delegate the practical planning of the Re New Future Leaders Conference to a group including Trustees and Regional Leaders.

Governance

Re New is overseen by the Trustees. In accordance with the governing documents, there are currently three Trustees. There must be at least three charity trustees. If the number falls below this minimum, the remaining Trustee or Trustees may act only to call a meeting of the charity trustees or appoint a new charity trustee. Trustees remain appointed until such a time as any provision under point 12 (1) or (2) of the constitution occurs.

Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

Re New employs an Events Manager to assist with practical and operational details for the conferences. All Trustees are non-executive and are not remunerated for their services. Out-of-pocket expenses may be claimed by Trustees when they are engaged on Re New activities.

Trustees’ Responsibilities

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.

Objects

Re New ’s objects are specifically restricted to the advancement of the Christian faith for the public benefit in particular but not exclusively by:

The provision of an annual conference for the advancement of the Christian faith mainly within Anglicanism in England for the benefit of the public;
Strengthening church leaders and church congregations to respond effectively to Christ’s command to make disciples of all nations;
Encouraging churches to be pioneering, establishing, and securing healthy local Anglican churches inside and outside the church of England, for the salvation of England.

In shaping Re New ’s objectives for the 12-month period and planning our activities, the Trustees have considered the Charity Commission’s guidance on public benefit.

Re New Conference

Charity registration number: 1174727

Overview of Activities

The main activity of Re New is the provision of an annual conference that is organised to serve church ministers and leaders from across England, as we seek to pioneer, establish, and secure healthy local Anglican churches inside and outside the Church of England.

Re New has regional groups that meet across the country between our annual conference to advance the gospel in their region. Regional Leaders from these groups meet several times through the year to be supported and equipped in different areas to further the Re New agenda.

The Future Leaders Conference was launched in 2020 to assist local churches identify and raise up the next generation of gospel workers.

Re New ’s vision of pioneering, establishing and securing a nation of healthy local Anglican churches, is supported by the Anglican Mission in England and Church Society .

William Taylor resigned as a Trustee 9[th] September 2021. Trustees unanimously approved Mark Burkill as chair.

Achievements in the Period

The annual Re New Conference was held at New Dock Hall, Leeds (20-21 September 2021), the first in person since the COVID-19 pandemic. There were 301 delegates from churches across England registered for the event. Feedback reported that numbers were low due to concern over COVID-19 and weariness in church leaders following lockdown. New Dock Hall has a capacity of 1,200 people, providing room for growth in the coming years (God willing). The 2021 conference was the eighth year that the Re New conference had run. At the conference, we focussed on establishing healthy churches, which included sessions on healthy and diverse leadership and a longer dedicated time of prayer.

ReNew ran five webinar streams throughout the year: Planting Churches, Women doing Ministry, Securing Churches, Leadership & Governance, and Revitalising Churches (run with Church Society). 414 were registered for the webinars in total. We plan to continue these webinars.

The ReNew Future Leaders Conference was cancelled in January 2022 due to concerns over the COVID-19 pandemic and uncertainty over another potential lockdown. We are prayerfully discussing how the Future Leaders Conference should look to support and equip potential church leaders in a cost-effective way.

On 29-30 March 2022, we held our Regional Leaders Gathering at St Andrews Undershaft, London where we discussed pioneering goals, building partnerships across churches and regions, and also planned and prayed for the 2022 annual conference.

Financial Review

At the period end total receipts were £83,888 and payments were £113,534 as shown on the ‘Receipts & Payments account’ (page 6).

Unrestricted funds held at the period end were carried over into the new financial year to aid cash flow until conference registrations opened in May 2022. Some funds held at the period end were restricted for Church Planting.

Reserves Policy

The Trustees agreed that £10,000 was an appropriate amount for the reserve policy. This covers three months of operating costs, and an additional amount to account for the fluctuation in expenditure from the conference in September.

Re New Conference Charity registration number: 1174727

The Trustees are pleased to report that we have been able to maintain our required reserves heading into the 2022-23 financial period, and there are currently no concerns of falling below this in the foreseeable future. The Trustees will continue monitoring income and expenditure and, if it becomes necessary, take measures to mitigate the financial impact.

Plans for Future Periods

Re New will continue to fulfil its objects as described above with ongoing growth in the number of delegates at its conference, and the number of churches identifying with the Re New agenda.

Approval

This annual report was approved by the trustees on 30 January 2023 and signed on their behalf by:

Mark Burkill

Mark Burkill Trustee

Re New Conference Charity registration number: 1174727

Independent Examiner’s report

I report to the trustees on my examination of the accounts of ReNew Conference ('the charity') for the year ended 31 March 2022 on pages 6 to 9 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:

accounting records were not kept in accordance with section 130 of the 2011 Act; or
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.

Archie McDowall

Archie McDowall BA CA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: 30 January 2023

Re New Conference Charity registration number: 1174727

Receipts and Payments Account

For the year ended 31 March 2022

Notes *Income receipts* Donations and legacies Grants received Tax refunds under Gift Aid Conference registration fees Other income Advertising fees *Total receipts* *Payments* Payments in relation to charitable activities undertaken directly 2 *Total payments* Net of receipts / (payments) before transfers Transfers between funds Net movement in funds Cash funds as at last year end Cash funds at this year end A	Unrestricted General Funds £ - 13,812 - 37,376 4,000 4,700 59,888 59,888 89,384 89,384 89,384 (29,497) - (29,497) 44,480 14,983	Restricted Funds £ 24,000 - - - - - 24,000 24,000 24,150 24,150 24,150 (150) - (150) 23,450 23,300	2022 £ 24,000 13,812 - 37,376 4,000 4,700 83,888 83,888 113,534 113,534 113,534 (29,647) - (29,647) 67,930 38,283	2021 £
				4,550 60,176 3,768 - 1,721 3,575
				73,789

				73,789
				45,016
				45,016
				45,016
				28,773 -
				28,773 39,157
				67,930

The notes on page 8-9 form part of these accounts.

Re New Conference Charity registration number: 1174727

Statement of Assets & Liabilities

For the year ended 31 March 2022

A Cash funds Cash at bank with immediate access B Other monetary assets Gift aid due to charity C Liabilities Fee for Independent Examination of 2021 Accounts Fee for Independent Examination of 2022 Accounts D Assets retained for charity's own use Desk, Computers and IT	Unrestricted General funds £ 14,983 14,983 - - 1,260 1,260 2,520	Restricted funds £ 23,300 23,300 6,000 6,000 - - -	2022 £ 38,283 38,283 6,000 6,000 1,260 1,260 2,520 Cost £ 2,122 2,122	2021 £
				67,929
				67,929
				-
				-
				1,260 -
				1,260
				Current value £
				849
				849

E 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:

Mark Burkill

[Mark Burkill ] The notes on page 8-9 form part of these accounts.

Date: 30 January 2023

Re New Conference Charity registration number: 1174727

Notes to the Accounts

For the year ended 31 March 2022

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.

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. 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. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

2 Payments in relation to charitable activities undertaken directly Conference venue hire Future leaders conference venue hire cancellation fee Employment costs Consultant's costs: Graphic Design, IT and helpline Printing, postage & stationery Audio-Visual Hire Travel & accommodation Office, Administration & Insurance Catering Software subscriptions Website fees Bank charges	Unrestricted General funds £ 32,326 7,590 28,419 5,172 57 5,937 2,143 1,131 190 3,084 134 96	Restricted Funds £ 24,150 - - - - - - - - - - -	Total 2022 £ 56,476 7,590 28,419 5,172 57 5,937 2,143 1,131 190 3,084 134 96	Total 2021 £
				2,372 - 29,916 3,445 173 4,020 123 48 - 3,517 200 93

Re New Conference

Charity registration number: 1174727

Speakers' Fees & Expenses CCLI Fee Safeguarding Governance - Accounts Prep and Examination	2,320 164 620 - 89,384	- - - - 24,150	2,320 164 620 - 113,534	- - - 1,110
				45,016

3 Transactions with related parties

There were no transactions with related parties.

4 Movement on restricted funds

General funds Restricted funds Conference Fee Subsidy ReNew Conference Grant Church Planting Fund Church Planting Fund (Liverpool) Total funds	Balance at 31.03.21 £ 44,480 44,480 150 - 15,000 8,300 23,450 67,930	Receipts £ 59,888 59,888 - 24,000 - - 24,000 83,888	Payments £ (89,384) (89,384) (150) (24,000) - - (24,150) (113,534)	Transfers £ - - - - - - - -	Balance at 31.03.22 £ 14,983
					14,983
					- - 15,000 8,300
					23,300

					38,283

The ReNew Conference Grant Fund was for subsidising the annual conference.

Re New Conference Charity registration number: 1174727