ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS Re _New_ Conference Charity registration number: 1174727 For the year ended 31 March 2023 ## **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 2023_ ## Address for Correspondence Re _New_ Conference C/O St. Helen’s Church Great St. Helens London EC3A 6AT ## Governing Document Constitution of a CIO dated 19 September 2017 ## Charity Registration Number 1174727 ## Trustees Revd Mark Burkill (Chair from 9[th] September 2021) Mrs Alice Elfick (Appointed 1[st] February 2023) Mr Piyush Jani Mr Lee McMunn (Resigned 1[st] January 2023) Mr Brian O’Donoghue (Resigned 2[nd] December 2022) Rev Michael Smith (Appointed 1[st] February 2023) Mrs Karen Soole Mr Matthew Sweeting (Appointed 1[st] February 2023) Mr Richard Tett (Appointed 1[st] February 2023) ## 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 1 ## Report of the Trustees _For the year ended 31 March 2023_ The Trustees of the charity submit their annual report and the financial statements for the 12-month period ended 31 March 2023. ## 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_ conference (including its Annual Conference and its Future Leaders Conference) to the Re _New_ Planning Team, which is made up of representatives from the Trustees, ReNew’s Regional Leaders.. ## Governance Re _New_ is overseen by the Trustees. In accordance with the governing documents, there are currently seven 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, and a Pioneering and Operations Director, to work closely with the Planning Team, Regional Groups and Regional Leaders, and other Church Leaders to pioneer, establish, and secure healthy local churches through the day-today practical operations of ReNew so it best serves gospel advance in England and in particular providing assistance to church leaders seeking to pioneer churches. 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 for the salvation of England. Re _New_ Conference 2 Charity registration number: 1174727 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. ## Overview of Activities The main activity of Re _New_ is the provision of an annual conference that is organised to serve church leaders and leadership teams (men and women, paid and voluntary) 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. The Future Leaders Conference has not been held since 2020 due to the Covid-19 pandemic. It will run again as regional day conferences in Autumn 2023. ## Achievements in the Period The annual Re _New_ Conference was held at New Dock Hall, Leeds (26-27 September 2022). There were 410 delegates from churches across England registered for the event. This was an encouraging rise from the previous year where numbers were lower (301 delegates) due in part to concern over COVID-19 and weariness in church leaders. New Dock Hall has a capacity of 1,200 people, providing room for growth in the coming years (God willing). The 2022 conference was the ninth year that the Re _New_ conference had run. At the conference, we focussed on abiding in Christ, which included sessions on faith that endures, churches that endure, and leaders who endure. 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. Having reviewed their first year, we plan to continue these webinars. There was no ReNew Future Leaders Conference in January 2023 (the month we previously ran the conference in 2020). We are planning a smaller day conference for the South of England in London in November 2023. We hope this will enable more delegates to attend. We hope this model can be repeated for churches in the North also in Autumn 2023. On 27-28 March 2023, we held our Regional Leaders Gathering at St Andrew Undershaft, London where we discussed pioneering goals, building partnerships across churches and regions, and also planned and prayed for the 2023 annual conference. ## Financial Review At the period end total receipts were £152,389 and payments were £144,774 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 2023. Some funds held at the period end were restricted for Church Planting in Liverpool. ## 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 2023-24 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 19 January 2024 and signed on their behalf by: ## **Mark Burkhill** Mark Burkill Trustee Re _New_ Conference Charity registration number: 1174727 ## Independent Examiner’s report _To the Trustees of ReNew Conference_ I report to the trustees on my examination of the accounts of ReNew Conference ('the charity') for the year ended 31 March 2023 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: 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. ## **Archie McDowall** Archie McDowall BA CA Date: 25 January 2024 Stewardship 1 Lamb's Passage LONDON EC1Y 8AB Re _New_ Conference Charity registration number: 1174727 ## Receipts and Payments Account _For the year ended 31 March 2023_ |Re_New_Conference
Charity registration number: 1174727
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
The notes on pages 8-9 form part of
these accounts.|Unrestricted
General
Funds
£
84,375
-
5,750
41,620
45
9,100
140,889
140,889
133,274
133,274
133,274
7,615
-
7,615
14,983
22,598|Restricted
Funds
£
9,500
-
2,000
-
-
-
11,500
11,500
11,500
11,500
11,500
-
-
-
23,300
23,300|6
2023
2022
£
£
93,875
24,000
-
13,812
7,750
-
41,620
37,376
45
4,000
9,100
4,700
152,389
83,888
152,389
83,888
144,774
113,534
144,774
113,534
144,774
113,534
7,615
(29,647)
-
-
7,615
(29,647)
38,283
67,930
45,898
38,283| |---|---|---|---| ## Statement of Assets & Liabilities _For the year ended 31 March 2023_ |**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
Fee for Independent Examination of
2023 Accounts
**D**
**Assets retained for charity's own use**
Desk, Computers and
IT|Unrestricted
General
funds
£
22,598
**22,598**
2,000
**2,000**
-
-
1,260
**1,260**|Restricted
funds
£
23,300
**23,300**
6,000
**6,000**
-
-
-
**-**|2023
£
45,898
**45,898**
8,000
**8,000**
-
-
1,260
**1,260**
Cost
£
3,354
3,354|2022
£
38,283
**38,283**
6,000
**6,000**
1,260
1,260
-
**2,520**
Current
value
£
671
671| |---|---|---|---|---| ## **Guarantees and secured** ## **E 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 **Mark Burkill** date 23/01/2024 -------------------------------------------------------- > by **Mark Burkill** Mark Burkill The notes on pages 8-9 form part of these accounts. Re _New_ Conference 7 Charity registration number: 1174727 Notes to the Accounts _For the year ended 31 March 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. 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
Graphic Design, IT and helpline
Printing, postage & stationery
Audio-Visual Hire
Travel & accommodation
Office, Administration & Insurance
Catering
Software subscriptions
Social Media, Communications and
Website fees
Bank charges|Unrestricted
General
funds
£
50,944
-
33,073
1,407
468
10,635
3,942
1,593
402
2,280
15,804
84|Restricted
Funds
£
10,000
-
-
-
-
-
-
-
-
-
-
-|Total
2023
£
50,944
-
33,073
1,407
468
10,635
3,942
1,593
402
2,280
15,804
84|Total
2022
£| |---|---|---|---|---| |||||56,476
7,590
28,419
5,172
57
5,937
2,143
1,131
190
3,084
134
96| Re _New_ Conference 8 Charity registration number: 1174727 |Speakers' Fees & Expenses
CCLI Fee
Safeguarding
Goverance - Accounts Prep and
Examination|9,770
172
120
2,580
133,274|1,500
-
-
-
11,500|9,770
172
120
2,580
133,274|2,320
164
620
-| |---|---|---|---|---| |||||113,534| ## **3 Transactions with related parties** There were no transactions with related parties. ## **4 Movement on restricted funds** |General funds
Restricted funds
Conference Fee Subsidy
Flight Subsidy
Church Planting Fund
Church Planting Fund (Liverpool)
Total funds|Balance
at
31.03.22
£
14,983
14,983
-
-
15,000
8,300
23,300
38,283|Receipts
£
140,889
140,889
10,000
1,500
-
-
11,500
152,389|Payments
£
(133,274)
(133,274)
(10,000)
(1,500)
-
-
(11,500)
(144,774)|Transfers
£
-
-
-
-
-
-
-|Balance
at
31.03.23
£
22,598| |---|---|---|---|---|---| ||||||22,598| ||||||-
-
15,000
8,300| ||||||23,300| ||||||| ||||||45,898| The Conference Fee Subsidy Fund was for subsidising the annual conference. The Flight Subsidy Fund was for subsidising the flight cost of an international speaker at the annual conference.. Re _New_ Conference Charity registration number: 1174727