**Worshipping Friends Registered Charity Number: 1177185** **Trustees Annual Report and Accounts For the year ended 28[th] February 2024** **WORSHIPPING FRIENDS** **CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 28[th] February 2024** ||Page| |---|---| |Report of the Trustees|1 to 4| |Receipts and Payments|6| |Statement of Assets and Liabilities and Notes|7| **WORSHIPPING FRIENDS** ## **REPORT OF THE TRUSTEES for the year ended 28[th] February 2024** The trustees present their report and accounts for the year ended 31st December 2024. The trustees have opted, under section 133 of the Charities Act 2011 (‘the Charities Act’), to prepare receipts and payments account ## **Objectives and Aims** The charity's objects as set out in the charity's Trust Deed are to advance the Christian religion through the provision of worship and prayer gatherings primarily, but not exclusively, in Cornwall. The strategies employed to achieve the charity’s aims and objectives are to organise extended worship gatherings, linking with local churches with a focus on spontaneous, spacious and prophetic worship. ## **Public benefit** The Trustees have considered the Charity Commission guidance on public benefit and consider that the activities of the charity meet its charitable objectives and provide a benefit to the public. ## **Volunteers** The charity relies on voluntary help for the organisation and running of its conferences. Over the past 12 months, over 35 volunteers have taken part in these sessions. ## **Achievement and Performance Charitable activities** Worshipping Friends’ hope and vision is to see people from all nations loving God on earth as it is in heaven, night and day, 24/7, practising the Greatest Commandment together with many coming to know the love of Jesus through the revelation of His love and glory. 2023 - 2024 was Worshipping Friends’ sixth year as a registered charity and was an exciting year as we regained some momentum, gathering regularly and in doing so making new friendship with worshippers across the county and deepening existing ones. We started the year with a few living room worship gatherings and then in May on the King’s coronation day we gathered for 3 hours in a Prayer Room in Redruth, bringing together worshippers from around the county and beyond. We then felt a draw to the local village halls so organised gatherings in 14 different village halls around Cornwall throughout June to October. Off the back of these 2 hour gatherings a hunger grew once more for the longer worship times so on 30th October we did what we have done for a few years and worshipped for 12 hours through the night into the dawn of 31st. It was a great encouragement to gather for a longer time but also significant to join together with a local prayer and worship movement in Launceston run by good friends. Standing the ground and covering the time together. This came with a beautiful and mighty sense of unity. Throughout this year we’ve worshipped in village halls, prayer tents, living rooms, a local events business and alongside local Prayer House’s as they pursue God and play a part in seeing Jesus worshipped night and day. **WORSHIPPING FRIENDS** **REPORT OF THE TRUSTEES for the year ended 28[th] February 2024** ## **Currently we are planning the following for 2024:** - A 10 year Worshipping Friends celebration - A summer worship weekend - Cultivating and building relationships with worshippers throughout Cornwall and beyond. - The writing of new songs - Sharing and speaking on our heart for His worship on earth. ## **Financial review** Income from grants and donations in the year was £22,858 (2023: £12,893) and expenditure £20,489 (2023: £5,481) leaving a surplus for the year of £2,369 (2023: £7,502) ## **Reserves policy** The trustees consider the reserves held at the yearend to be sufficient for the ongoing needs of the charity. Total Unrestricted Reserves held at 28[th] February 2024 were £10,413 ## **Structure, Governance and Management** ## **Governing document** The Charity is governed by Trust Deed dated 15[th] February 2018 and is a Charitable Incorporated Organisation. Trustees are appointed by seeking people with relevant skills and experience. Induction and training are provided on a personal basis as appropriate. **WORSHIPPING FRIENDS** ## **REPORT OF THE TRUSTEES** **for the year ended 28[th] February 2024** ## **Reference and Administration Details Registered name** Worshipping Friends ## **Registered Charity number** 1177185 ## **Principal address** 2 Bethan View Perranporth Cornwall TR6 0FB **Trustees Name Position** Helen Chilman Philip Dunn Nathan Thomas Sarah Ewen Chair ## **Appointments/Resignations** ## **Independent Examiner** Magnus Proctor FFA Lindisfarne Landkey Road Barnstaple EX32 9BW Approved by the board of trustees on 25th September 2024 and signed on its behalf by: ............................................. Sarah Ewen, Chair **WORSHIPPING FRIENDS** ## **RECEIPTS AND PAYMENTS for the Year ended 28[th] February 2023** |**RECEIPTS AND PAYMENTS**
**for the Year ended 28th February 2023**|| |---|---| |**Receipts**
Donations and legacies
Grants
Gift aid
**Total receipts**
**Payments**
Ministry costs
Ministry gifts
Hospitality
Travel
Project time
Venue hire
Office costs
Equipment costs
Professional services
**Total payments**
**Net receipts / (payments)**
**Reconciliation of funds**
Transfer between funds
Total Funds brought forward
**Total Funds carried forward**|**2023**
**2022**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**Total**
**£**
**£**
**£**
**£**
20,664
0
20,664
5,907
0
0
0
6,000
2,194
0
2,194
1,076| ||22,858
0
22,858
12,983
2,443
0
2,443
775
320
0
320
144
638
0
638
526
537
0
537
605
12,337
0
12,337
1,237
1,955
0
1,955
1,676
560
0
560
418
1,699
1,699
0
0
0
0
100| ||20,489
0
20,489
5,481| ||2,369
0
2,369
7,502
8,044
0
8,044
542| ||**10,413**
**0**
**10,413**
**8,044**| **WORSHIPPING FRIENDS** ## **STATEMENT OF ASSETS AND LIABILITIES At 28[th] February 2024** |**Fixed Assets**
**Current Assets**
Debtors
Cash at bank
**Current Liabilities**
Creditors
**Total Assets less Liabilities**
**Funds**
Unrestricted Funds|**2023**
**2022**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**Total**
**£**
**£**
**£**
**£**
0
0
0
1,215
0
0
0
0
10,413
0
10,413
8,044
(100)
0
(100)
(100)| |---|---| ||10,313
0
10,313
9,159| ||| ||10,313
0
10,313
9,159| The financial statements were approved by the Board of Trustees on 25[th] September 2024 and were signed on its behalf **----- Start of picture text -----**
.............................................
Sarah Ewen, Chair
**----- End of picture text -----**
## **Accounting Policies** ## **Basis of preparing the financial statements and assessment of going concern** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.