REGISTERED CHARITY NUMBER: 1176190 ort of the Trustee Unaudlted FlnanclAI Statements rE l Dccember 2023 for RiY¢r Church Hull 360 Aecouihtants Limited 18-19 Albion Street Hull East Yorksliir¢ HUI 3TG
River Ci Churcli Hull ConteRts of the Financi1d I Statements Year EndL.d 31 DL'cLmber 2023 Page Report of thE Trustees Independent ExAminer's Rcporl Stat¢ment of Flnonclol Activltics Balance Shcet Notes to thc Financlal StatLments 7 to 12 Det&lled Statement of Flnuncl41 Actlvltles 13 to 14
River Cit Church Hull ort of the Trustees for the Year Ended 31 December 202 The trustees present their reporL with Ihe finat)cial statements of the ¢harily for the year ended 31 December 2023. The trustees have adopted ti)e provisions of Accoiillting #nd Reporting by Charities.. Stalement of Re¢onunended Practice applicable lo cl)arities preparing tlieir accounls in accordance witli Ilie Financial Reporting Stsndard appli¢able in tl)e UK and Republic of Ireland (FRS 1021 (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectlves and Alms To AdvAnc¢ tlie Chrisiian faiili in accordance witli the siatement of belief5 appearing in tl)e scliedule hereto in Hull 2nd such otlier parts of the United Kingdom or tl)c world 0% tli¢ tru$i¢es of tlle CIO may from lime to tiine t1)It fit ld to fvlfill sueh oilier purposes wliicli are exclusively charitable according to the law of England and Wales in connection wilh the charitable work of ilie CIO,. To i'elieve tlie needs of tile ¢oi)ynunity in Hull and surroui)ding areas by.. (a) Ihe relief of financial l)ardship, in paiticular but not exclusively by tlie pi'ovision of advic¢ and infonknaiioi): (bl Ilie preservaiioii and protection of good pl)ysical and menial healil). SIRnlficAnt Aetlvltles Tl)e ¢liarity exists 8$ a eIreh, and is part oftl)e Catalyst i)etwork of cliurclies. It ¢arries oul lypi¢al activitie8 for a Cliristian Chur¢h ¢.g. public worsliip, teacliing and training. prayer. projects of a charitable n#tur¢, th¢ extension of Ilie Cluisliaii faiili in Hull and beyond, the spiritual and pra¢ti¢al support ol'other Christian chiirches ai)d its own on8regalion. As of D¢¢¢mber 2023, our av¢ra8e attendance at our Sunday m¢¢ting wa$ roug])ly 120 (incliiding children). Publ1¢ benetlt I'lie cliarity has eiigaged in services to tliose ii) povcrly - Ilirougl) Ilie rui)ning of Bn Easi Hiill FoodbRnk' ¢lie delivery of a Wgnn Spuce durin Ihc WiAlcr mortil)s, alongside A nuinber of iiifoni)ol educa¢iondl ¢ourses,' provisioii of counscl to tliose in need,. llnd has worked willi external Ag¢neies ftsr ihe dcvelopineiit of con)Iiiunilie.% In Ihc Drypool. Ings aiid Loii¥liill #rcas of 14ull #s well tIiL Clty as a whole. We l)ave worked witli iiiaiiy other churclics aeross Hull and tl)v UK. We have directly siipported ¢haritabl¢ works in l.lull, Leeds, New ZLalai)d and Zainbia. We a150 provide a chaplmirtcy s¢rvice to local Rugby League team Hull Kingston Rovers. FINANCIAL REVIEW Fln#n¢lal posldon Iiicome for Ilie general wnning of d)¢ Chariry during the period came from donalioiis fTom iTJembers and other privllte iiidividuals, grani tiiilding and do1¢10nS froin a loLJl biisine5s. Exp¢nditur¢ duriiig tlie year froin tlie geneiul fund relutcd to tlie norn)al ruDJiing cost5 of tSic cliurcli including.. 88larics and expenses of tlie employees, venue liir¢, trainin& support costs and office costs. Tliis year was our Second full flnancial year iii our vcrtiie, Tlie Well. aiid so some ¢osts asso¢iat¢d witli tl)e building liave decreased after a significant outlay on maintenance in the first yeBr. HOer, tlie biiildii)g ulsD enubled us to grow our Inembersliip which Ineant that our regular incoiiie incitased and our anniial 'Gifi nay" in Octobcr 2023 raised over £25.000 towards tl)e oiigoing running costs of Ilie cliur¢li. We 81$0 received a nuinber of gronts from North Bank Forum, Asda Foundation aiid Sanctuary Housii)g to fiind our Warin Space provision and edu¢atioiJal ¢ourses. OLlr Income was therefore sufficient lo cover our ¢xp¢ndiiure and cliurcl) finajices reniain he8ltliy, with the ehurch l)aving over four montlis of operational ¢osts in r¢serve. River City Chiirch Hull Inakes a practic¢ of giving to oiher ¢hari¢able bodies whose aim5 are consi5tcnt with tlic Charitys Objective5. DDnations are also inade to individuals, Including* but iiot restricted to participaiits of tl)e churcli (this 18 nortnally in cas¢s of IiaiKlsliip). All Such giving is consistent with tl)e M¢morandiim of Association. This giviiig is one ofihe largest ite]ns of ¢xp¢nditure after salaries and venue hire. Page I
River Cl Church Hull ort of the Trustees for the Year Ended 31 December 2023 FUTURE PLANS Our main areas of atiention conlinue to be Christian mission and ¢onununity support in Hull, the UK and overseas, ¥rowinLr our own eongtegation and pariicipating in th¢ plun(ing of new churcheb in Hull and across lh¢ UK. We will do this through the provision of regular Discovery Bible Studies, the trdining and resourcing of our inembers in missiot), and through Workin with other churches to reach towns and cities across the UK. We ivill continue lo offer our Foodbank provision 2 days a week, njn our Tliursday Wann Space unlil ai l¢)st Mar¢h 2024. offer iDformal educalion sesgions on subjects such as clothing alteration, li¢altliy cookiiis, pvltery, menlal wellbeing et¢, provide a sun)mer lioliday club for local primary school children. as well as otl)er rainily focused evenls. We Iiave ¢stablisled 4 posiiive parinetship with local charity EMS, who deliver weekly low ctsst meals to us. We also provided 200 free Clwislmas In¢als to local people in n¢ed, in partnersl)ip with Foodies Catering and Bevcrley Barn. In tl)e con)ing year we will contii)ue il)ese projects and seck to add n¢w a¢tiviti¢s wl)ere we identify a need iii il)e coi)unuiiity. A5 a result of our si]1r1¢ant growth over the lasi year we will be looking to rnake.significaiit ulicTulion$ lo Tlie Well in order 10 accomn)odat¢ our larger congregation. This will require capital invesiinent in the buildiiig but allows us to remain liere longer lerni. We Iiav¢ ncgotiited an extension to our lease whicli includes a si1)rICant reduction in our annual rent and the replocement of tlic lift in the building. SI"RUCI'URL, GOVERNANCE AND MANACEMENT Gov¢rning document Tl)e charity is coiitrolled by ils govemin8 do¢uilleiit. a deed of trust and constitutes an unin¢oTP(Irat¢d ¢l)arity. Orggni5gtion&l structure Tl)e Lliurcli 1$ maiiaged on a day.by-day basis by four parl-tim¢ ¢mploy¢d staff wlio Bre supported by a large number of volunlcer pcr8onnel from Ilie ¢l)ur¢h congregation. The Iruslcc$ oftlie ClritY observ¢ tho ¢liiirch's obli88¢ion under company and charily law aiid seLlmoiiilor the salarics and ilic ¢ontl'll¢ilworkinbb coiiditions of the elp10Ye¢S. Rtsk management Tlie trnsle&% liavL a duty to identify and review the Tisks to whi¢l) tlie ¢l18rity is exposed and to ensure appropriate eontrols are in pla¢e to provide reasonable assui'knce against fraud and error. The trustees have exainined the major straleyic, busin¢s8 and operatioiial risks wliich the charity faces and confirni tliat systems have been established and regiilar r¢ports produ¢ed lo mitiga(¢ ¢he8e risks. REFERENCE AND ADMILYISTRATIVK DETAILS Re%i8tered Chllrlty number 1176190 Princip414ddrcss Tlie Well Tlic Mount Retail Park Hull East Yorkshire HU9 2BN Trustees MrD Maude Mr L Savory Mr P Ricliardson Mr A RobinsDn Mrs K Jidethsanya Trustee (appointed 22.11.231 Page 2
Rivcr City Cbur<h Hull for tlie Ytur Endeil 31 De£¢mbei' 2023 REFERENCE AND ADMINISTRA TIVE DETAILS IndepeDdcnt Examiner 360 Accounlants l.iiniled 18-19 Albion Street Hull East York51)ire HUI 3TG B#nk¢rs Unity Fjank 9 Brindl¢y Pl&¢¢ Bini)inghtsIn BI 2HB Approved by ordcr of the boord of Iwslee$ on . aDd 5j8ned on ils ljelialf by.. aude- Tni¥tL Page 3
Inde endent Lxaminer's Re ort to the Trust River Cit Churcli Elull of Independent examiner's report to the trustees ofwver City Chureh Hull I report to the charity trustees on niy exaininalion of ihe accounts of lover City Church Hull (the Trust) for the yellr ended 3 1 December 2023. R¢spon$lblUtles and basls of report As the cliarily trusl¢cs of the Trust you are responsible for the prepara¢ion of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'l. I repori in respect of Iny exainination of the Tn]sV& accounls Caled out und¢r Section 145 of il)¢ A¢1 Jnd in canying out my exaininalion I have followed all applicable Directions given by the ClritY Commission Lhnder Section 145(5)Ib) of th¢ Act. Indcp¢ndent exalAtr,5 statement I liave coinpleted iny exainination. I confimi that no material mailers have co]e lo my atlenlion in conn¢ction wilh the ¢X8tninalion giving me cause to believe Iliat in any Inateri&l respcci.. accouiitiiig records were not kept in respect of the Trust 8$ required by Section 130 of the Act; or Ilie accounts do not accord willi tlio.sc records: or tlie accounts do nol Lomply will) the applicoble requir¢meiits concerning the fonn and conteiit of accouiits set out in Ihe Charilies (A¢coun15 and Reports} Regulations 2008 oth¢r tllln &iiy requirement tl)at th¢ a¢¢ouiits give a true and fair vi¢w wllicli is not a matter considered L5 part oran independent exaininaiion. I have no concems aiid have come a¢ross no otlier n)atlcrs in connection with the examination io wliicli attention should be di'awi ii) tliis i'eporl in order lo enoble a propcr understandii)g of Il)e accounts to be reached. Andrew Steele FCA FCCA 360 ACCOUntnts Liiiiited 18-19 Albion Street Hull East Yorkshire HUI 3TCy Dat¢.. Page 4
Chureh Hull Statement of Finalleial Activities for the Ycar Ended 31 December 2023 31.12.23 Total fund5 31.12.22 Total fidS Unrestricted fund Reslricted funds Not¢$ INCOhlE AND Ef4DOWMENTS FROM Dtsnations and legacies 108,503 108,503 120,898 Charltable aLtlvllles Charilablc activites witl)in ihe cliurch 3,573 16,678 20,251 16.321 Total 112.076 16,078 128,754 137,219 EXPENDITURE ON Raising funds 128,911 9,477 138,388 138,860 NET INCOMEI(EXPENDITURE} {16,835) 7,201 19,6341 (1.6411 RECONCILIATION OTr TrUNDS 'rotal thnds brought forward 42,781 42,781 44,422 TOTAL FUNDS CARRIED FORWARD 25,946 7,20J 33,J47 42,781 The notes forni part of thes¢ financial siaiements Page 5
31.1? •3 Tot1 Fixf.i) A.ssfT 4,n?8 c'iiIiiii'. N-r A.S.41".T% t)ebin15 .?().7*4 37.IlJ? J().73J j6.71J ciir.i)IT()11 'I' ('IIIIMI.: Th'l- A%%r.'r TC)T Al. A%%l.:T.S i.r.%s ('I1iiiir.'T I,IAIIII.ITIr. ?4.Iy4(1 3J.147 E'l. As4fT. 33.147 .-LINt). 'I'OI'AL rvN'D 33,147
Rlver Cl Church Hull Notes to the Financial Stateinent ror the Yedir Ended 31 December 2023 ACCOUNTING POLICIES Basls ofprepAring the financlal statements Tlie fin8rtcial statements of the cliarity. which is a public benefit entity under FRS 102, Iwve been prepared in aLLoidance ivitli the Cliariti¢s SORP (FRS 102) 'Accountin¥F and Reporlin¥ by Cl)arities'. Siaieinent of Recon]niended Practice applicable to ¢h&riti¢s pr¢paring Il)eir accoLlllts in accoTdance iviih the Financial Reporting Standard applicable in the UK und Republic of Ireland (FRS 102) (¢ffeeiive l January 2019),. Financial Reporting Standard 102 "I-lie finallcial Reporting Slandi¢ rd applicable in tl)e UK and Republic of Ireland, and the Cliarithes Act 2011. The financial stateniet)Is have been pi'epared linder the Iiislorical cost convention. In£Dme All in¢oin¢ is recognised ill the Siateinent of Financial Aclivitie$ on¢e Ihe cl)arily has entitlenieiit to the funds, it is probable tl)at tli¢ iii¢on* will be reBeived aiid tlie amouiit can be nasured r¢liably. ExpLndlture Liabililies ure recoliStd as expenditui'e as 500n as Il)cre is a legal or eonslructive obligation con]milling (he eliarity to ilial cxpcnditure, il is probuble thai a transfer of economic beiiefils will b¢ requiied in seitlenient aiid tlie aniouiit of Il)¢ obligaiioii can be niea8ui'¢d r¢liably. Expeiidilure is aecounled for on an accruals basis and been cla.8sified und¢r h¢adings th81 aggregale &ll cnst relat¢d to tlJc ¢at¢gory. Wliere eosls cai)not be diT¢cily attributed Éo pgriicular headiiigs Il)ey liav¢ been allo¢8l¢d to activities on & ba8i.s consisteiit witli Ilie use of resoul'ees. Tanglble tlxed ass¢ts Depreciarion 1% providcd at ihe following aonuol rates in order to write off each assei ov¢r its estimated useful life. Plaiit attd inaehinery Fixture4 ai)d fillings 200/0 on irdii¢ing bAlance 200/0 on dCing b8l&n¢¢ TAxallon Tlie charity is exempt fi'oni tsx on its charitable activities. Fund ttecountlng Ui]restricled funds can be used ii) #ecordance with the eliaritable objectives at tl)e discretion of tlie Irustees. Restricted funds can only b¢ used for particular restricted purposes within tlie objects of tl)e clidrity. Restrictions arise wl)en specified by tlie donor or wlien fvnds are raised for particular restricted pun)oses. Further explaiialion of tli¢ iiature #lid purpose of each nd is iiicluded in tlie not¢s to the financial staten)ents. Pcn5ion costs and other post-r¢tirom¢nt beneflts Tlie charity openles a defined contribution pension s¢liein¢. Conft'ibutions payabl¢ to tlie charitys pension scl)eine are cliarged to d)e Statement of Financial Activities in the period to which they relate. Page 7 continued..
River Cit Church Hull Notes to the Flnancial StatemontS- Colltinued Year Ended 31 December 2023 RAISING FUNDS Raising donatlons and legacles 31.12.23 31.12.22 Subscriptions Support costs 757 84,192 l.(YJ8 83,247 84,949 84.255 TRUSTEES, REMUNERATION AND BENEFITS Tliere ivere no tnistees, reinuneralion or oiher beiiefits for tlie year ended 31 De¢ember 2023 nor for tl)e year ended 31 December 2022. Tru$tees' ¢xpenses Tllere were iio 31 Decemb¢r 2022. I1stee$, expenses paid for the year aided 31 D¢¢¢mber 2023 nor for 1he year ended STAFF COSTS Tl)¢ av¢iag¢ monthly number of ¢mployees durin8 tlie year was as follows.. 31.12.23 31.12.22 Part Tiine Employed Sthrr No einployees received emolunients in ex¢¢5s of £60.000. COMPA114TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIFS Unrestrieted nd Restri¢led ruiids Total runds INCOME AND ENDOWMENTS FROM DoiiAtion.% and Icgacics 120,898 120,898 Charltable n¢tlvltles Cliaritable activites Mrytliin the eliurcli 3,328 12.993 16,321 Tot41 124,226 12,993 137,219 EXPENDITUBI ON Raisit)g funds 137,530 1,330 138,860 NET INCOMEI{EXPEf4DITUR£) (13.3041 11,663 (1,6411 Page 8 continued.-.
River Cit C h Hull Notes to the Trill¢al Statefftents- eoDtinued for the Year Ended 31 December ZU23 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted R¢slricte(I fund nds Tolul fund5 RECONCILIA TION OF FUNDS Total funds brouglii forward 44,422 44,422 TOTAL FUIYDS CARRIED FORWARD 31.118 11,663 42,781 TANCIBLE FIXED ASSFTS Fixture8 and riltings Plant wid machinery Totals COST At l January 2023 ond 31 Deceniber 2023 5,640 6,294 DEPRECIATION Ai l Jtsnuary 2023 Cl)argc for ycar 131 IlJ5 1,128 902 1,259 1,007 At 31 December 2023 236 2,030 2,266 NET BUOK VALUL At 31 De¢en?ber 2023 418 3,610 4,028 At 31 Decen)ber 2022 523 4,512 5.035 DEBTORS: AMOUNTS FALLING DUE WITFIIN ONE YEAR 31.12.23 31.12.22 Trade debtors Pi'ep&ynients and accrned incoine 200 7,500 7,700 Page 9 ¢ontinued...
River Citv Church Hull Notes to the Finaneial Statements- continued for the Year Ended 31 December 2023 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Trade creditors Taxation and social security Oili¢i' cred%tors 7,448 78 2,588 98 (370) (750) 10,114 (1,022) MOVEMENT IN FUNDS Net movemcnl in fui)ds At 31.12.23 Ai 1.1.23 UnrestriLted funds Geiieral fvnd 42,781 (16,835) 25,946 Restricted funds Forum CIO ASDA Foundation 6,123 1.078 6,123 1,078 7,201 7,201 TOTAL FUNDS 42,781 19,634) .33,147 Net moveinent in nds, included in tlie above are as follows.. IIicoming resources Rc4ources expeiided Moveineni in lldS Unre%tricted funds General fuiid 112,076 (128,911) (11835) RestriLted funds ACTS 435 grants Forum CIO ASDA Foiujdation Foodbai)k 5.020 9,580 1.078 1,000 (5,0201 (3,457) 6,123 1,078 Ii,000) 16,678 {9,477) 7,201 TOTAL FUNDS 128,754 (138,388) (9,634) Pag¢lO Continued.
River City Churclj Hull Note5 to the Financial Statement$- continued for the Ye#r Ei nded 31 December 2023 MOVEMENT IN FUNDS- Continued Comparallves for movement in funds N¢t movement in tunds At 31.12.22 Atl.1.22 Unrestricted fund$ General fund 44,422 (1,64l) 42,781 TOTAL FUNDS 44,422 (1,6411 42,781 Comparalive nel mov¢m¢nl in funds, i1]uded in tli¢ above ar¢ as follows.. Incoming resources ResouTces expended Movement in funds Unrc$trlLted funds General fund 124.226 (125.867) (1.641) Rcstrleted fund8 CHCP tv deliv¢r our CAP s¢ssions Flull Foodbaiik Acfs 435 grants 1,663 10,000 1,330 11,663) 110,000) 11,330) 12.993 112.993) TOTAL FUNDS 137.219 {138,8601 (1,641) A current year 12 months and prior year 12 months combiijed position is as fo51ows'. Net Inoveineiit in 1]dS At 31.12.23 At 1.1.22 Unre%tricted funds General fvnd 44,422 118,476) 25,946 Rostrlcted funds Foniftl CIO ASDA Foundation 6,123 1,078 6,123 1,078 7.201 7.201 TOTAL FUNDS 44.422 {11,2751 33,147 Pagell continued..
River Ci Church H Notes to the Flnancial St4temeDt$- continued or the nded 31 Dteember 2023 MOVLMENT IN FUNDS- contiThued A eurrent year 12 monlhs and prtor year 12 nJ)nihs combined net movetnent in funds. included in tlie above are as follows- Incoining resourees Resour¢es expended Moveinent in funds Unrestrlcted funds General fund 236,302 {254,778} (18.476) Re$trlettd fuiids ACTS 435 greiits Forum CIO ASDA Foundalion Foodbank 6,350 9,580 1,078 1,000 (6,350) (3,457) 6,123 1,078 (1,000) 18,008 (10,807) 7.201 TOTAL FUNDS 265,973 (277.248) (11,275) io. RLATED PARTY DISCLOSURES The tnistees ai)d employees regulai'ly attend services held by the cliarity. Tliese are non pr¢ferenlial rates to rhe public. Within tl)e financial year the Spouse of Mr D Maud¢, wlio is a trustee, was einploy¢d by the el)oriry- Page 12
Rlver Cl Churcli Hull Detailed Statement of Flnancial Activities for the Year Ended 31 December 2023 31.12.23 31.12.22 INCOME Af4D ENDOWMENTS Donations legacies Gifts Donations Gift aid 87,36l 21,141 91,193 29,703 108,503 120.898 Charitable activlliey Events Grants 250 20,001 315 16,006 20,251 16,321 Total Incomlng resources 128,754 137,219 EXPEf4DITURF Ralslng donatlons And legaclos Subscriptions 757 1,008 Other tradlng uctlvltlc5 Purchlls¢s Room l)ire 23,439 30,000 27,633 26,972 S3,439 54,605 Supporl Costs M¥nthgLbment Wages So¢ial security Pensions IUrlIcC Postage and stationery Advertising 60,538 3,333 3,104 1,687 913 2,J20 3,056 1,44S 533 S6,879 3,013 1,598 1.080 196 1,750 3.118 2,305 551 TraY¢l & subsistcncc Training 76,729 70,490 Fin4rt¢¢ Bank charges Carried fonvard 120 120 144 This page does i)ot fom] part of the statutory financial statements Page 13
River Cit Cliur DotAiled StAtement of Financial Activities for the Year Ended 31 Dtectnbcr 2023 31.12.23 31.12.22 FlIiance Brouglii forward Depreciation of iangible fixed assets 120 1,007 144 1.259 1,127 1.403 Information teclinology Repairs aiid reiieiwdls 5,070 10,153 Governance tosts Accoui)lancy and legal fees 1,266 1.201 Total Te50ur¢e5 expended 138,388 138,860 Lyet oxpcnditure {9,634) (1,641) This page does not forni part of th¢ statutory finan¢ial statements Page 14