## **Registered Charity No 1177437**
## **Re Church**
**UNAUDITED FINANCIAL STATEMENTS For the period ended 31 March 2025**
**(A Charitable Incorporated Organisation)**
## **A Charitable Incorporated Organisation Re Church Financial Statements for the period to 31 March 2026 Contents**
## **Page**
## **Contents**
Page 1 Charity Information Page 2-7 Trustees Report Page 8 Independent Examiners Report Page 9 Financial Statements Page 10 Balance Sheet Page 11 Notes to the Financial Statements - Accounting Policies Page 12 Notes to the Financial Statements (Continued) Page 13 Notes to the Financial Statements (Continued)
## **Re Church Financial Statements for the period to 31 March 2026 Company Information**
Trustees Remi Anekwe Julie Belshaw David Bevan Marilyn Brett Lisa Belshaw Beverley Skervin Address Re Church Carlton NG4 1JJ Independent Examiner A Pearson FCMA Exec Practice 87 Main Street Newtown Linford Leicestershire LE6 0AF
**Re Church Financial Statements for the period to 31 March 2026**
## **Trustees' Report (1)**
## **Senior Leaders Summary**
Dear Re Church Family!
We pray that you are all well by God’s grace. We thank God for you all and for the privilege to serve you as your Pastors and leaders.
In this annual report, you will read about what has been happening across the life of the church over the past year. It has been encouraging to see the continued momentum and growth and increasing health in church life and the outworking of our word for the year – “A great door which no one can shut” (1 Corinthians 6:9) and specifically, “A door to a deeper relationship with the Lord” and the outworking of this as people are:
• Baptised into Christ (new believers)
• Baptised in Water
- Baptised in the Spirit
- Baptised in the Word
It's been wonderful to see people looking to obey that word, resulting in so many people being baptised in water this year.
As you read on, we hope you will be encouraged by all that God is doing amongst us. Let’s continue to give ourselves fully to the work of the Lord.
God bless you and thank you for all that you do.
**Pastors:** Remi & Pearl Anekwe
**Re Church Financial Statements for the period to 31 March 2026**
**Trustees' Report (2)**
## **Leadership Structure & Accountability**
Re Church has a triangular Leadership structure made up principally of 3 groups:
**Directed By Elders:** This team led by the Pastor’s brings Direction, Spiritual Vision and Strategy to Re Church.
**Outworked By A Leadership Team** : This team outworks the vision, mission and strategy of the Church through the ministries and outreaches of Re Church.
**Protected By Trustees:** The Board of Trustees bring their considerable experience, wisdom and skills to providing legal and financial governance,
Work has been going on to strengthen these teams as God brings experienced soldiers in our midst.
Additionally, Re Church is part of the NG Church Network, a group of relating churches in Nottingham, which provides another level of support for Leaders and Re Church.
Re Church is also affiliated to the Assemblies of God in Great Britain, which is a Pentecostal denomination and is also a member of the Evangelical Alliance, UK
**Re Church Financial Statements for the period to 31 March 2026**
**Trustees' Report (3)**
**Church Vision and Mission Our vision for every person who connects with Re Church is to:**
**BE RECONCILIED TO GOD AND TO HIS ORIGNAL PURPOSE FOR OUR LIVES**
**This we do by coming to:**
**KNOW THE FATHER AND HIS LOVE**
**(TO KNOW)**
**TO BECOME LIKE HIS SON, JESUS CHRIST (TO BECOME)**
**TO INVITE OTHERS TO BE PART OF HIS FAMILY (TO INVITE)**
Re Church
Financial Statements for the period to 31 March 2026
Trustees. Report {4)
OUR THEMETHISYEAR
2026
A GREAT DOOR..
WHICH NO ONE
CAN SHUT
THEME SCRIPTURES
For a great and effective door
has opened to me. and there
are many adversaries.
1 Corinthians 16.9
See, I haveplaced before
you an open doorthatno one
can shut.
Revelation 3..8
CONFESSION
This year, in 2026, God has set before me, a great and effective
door.
Though there are many adversaries and challenges, it is a door
that GCKI Himself has opened to me that no one can shut.
In Jesus's Namel
## **Re Church Financial Statements for the period to 31 March 2026**
## **Trustees' Report (5)**
## **Charitable Activities**
## **Overview**
The Trustees are pleased to present their annual report.
The leadership operates a clear vision and message, which is to communicate the message that “God was in Christ, reconciling the world to Himself, not counting people’s wrong doings against them”, 2 Corinthians 5:19.
The chief characteristic commented on by visitors to the Church remains the warm welcome and family feel which the leadership strives to maintain.
The Church employs a number of people. However, the bulk of the Church’s Ministries is carried out by a team of 50+ volunteers.
## **Ministries**
## **The Preaching of the Word**
Re Church operates a strong preaching and teaching ministry with a prophetic mandate giving rise to a clear sense of purpose and direction.
## **Ministries**
## **The Preaching of the Word**
Re Church operates a strong preaching and teaching ministry with a prophetic mandate giving rise to a clear sense of purpose and direction.
## **Worship**
Worship is key to the services at Re Church and to establishing the prophetic identity of the Church. There is a consistent and regular sense of the presence of God’s Spirit in the worship and meetings.
## **Re Church Financial Statements for the period to 31 March 2026 Trustees' Report (6)**
## **Pastoral Care**
Pastoral Care is carried out through the Church’s Pastoral Care Team, headed up by people with both spiritual and professional experience in Pastoral work. All members of this team undergo regular training in Pastoral care **.**
## **Safeguarding**
The Church being comprised of a diverse cross section of people understands that safeguarding is vital. In this regard, there is a dedicated Safeguarding Officer in place as part of the culture of safeguarding that the Church promotes at all levels. The Church is registered with Thirty-One Eight, a national independent Christian Charity offering a complete safeguarding service to churches, charities and organisations.
## **Children**
The Church has an active Children’s Ministry. On Sunday’s There is Re Kids which is for Reception to Year 3 and Ready, which is from Year 4 to Year 10. The Youth are served by a class called Real and there is a Creche space for nursing Mum’s.
Outside of Sundays, there is a Parent Toddler group called Little Treasure which meets in term times in the main campus in Lowater St on Tuesday mornings.
The Church also runs a Children’s You Tube channel called Powercells.
## **Youth**
Real! is the Church’s Youth group offering a dynamic time over food, games and challenging, relevant and practical teaching in a fun and engaging way. The Youth also have combined bi-monthly youth meetings with a number of the Churches in a network of Churches called NG Network that the Church is part of.
## **Hospitality**
Is a big part of intentionally striving to maintain the warm welcoming family feel of Re Church. Hospitality is one way that the Church seeks to honour both its own members and visitors.
## **The Welcome & Stewarding**
The Welcome and Stewarding teams are the first point of contact in establishing the welcoming family feel in Re Church.
## **Home Groups**
Existing home Groups continue to meet weekly on Tuesdays and Wednesdays. Work has started this year to expand these groups into Revelation groups through which the Church’s discipleship programme will be outworked.
## **Re Church Financial Statements for the period to 31 March 2026 Trustees' Report (7)**
## **Community Outreach**
This year saw the launch of the Revive Centre in our Hillview campus as a centre and hub from which all our community outreach will flow from. Additionally, we are in the process of setting up Revive Nottingham as a separate CIO as the vehicle through which all outreach will be undertaken.
Re Church has a Community Outreach Worker whose remit is to raise the profile of the Church, by ministering to the needs of our Community with the overarching aim of sharing the good news of the Gospel and making Jesus known in our locality. This encompasses the Re@ch Coffee Morning on Mondays, Re Connect, a group for the Seniors of the Church which meets weekly on Thursday afternoon and Knit & Natter, a knitting and crochet group which meets on Thursday morning in the Lowater main campus.
## **Missions**
Through its association with the NG Church network, Re Church supports The Kings Village in Ghana, a development project based in Northern Ghana, providing healthcare, education and community development and transformation to the country's poorest areas.
The Trustees have also approved support for the Chioma Ajunwa Foundation in Nigeria, to bring hope and opportunity to youth and empower women.
## **Admin & HR**
Operationally, the Church employs a part time Administrator who provides dedicated admin support to the Pastors and all areas of the Church.
## **Finance**
Is overseen by the Church’s Treasurer supported and augmented by the services of the Church’s external independent Accountant/Examiner.
## **Reserves Policy**
## **Statement of Trustees Responsibilities**
- select suitable accounting policies and apply them consistently
- make reasonable and prudent judgements and estimates
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business
- observe the methods and principles in the Charities SORP
The Trustees are also responsible for:
- keeping proper accounting records
- safeguarding the charity's' assets
- taking reasonable steps for the prevention of fraud
11 August 2026 Approved by the Trustees on ………………………………… And signed on its behalf by:
Julie Belshaw Trustee Remi Anekwe Trustee
**Re Church Financial Statements for the period to 31 March 2026 Trustees' Report (8)**
The Trustees have pleasure in presenting their report and financial statements for the period ended 31 March 2026.
## **Constitution**
Re Church is a Charitable Incorporated Organisation, governed by the Charity Commission Model Constitution whose only voting members are its Charity Trustees.
## **Objectives & Policies of the Charity**
(A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF FAITH OF THE ASSEMBLIES OF GOD IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.
## **Trustees**
Trustees of the charity are as follows Remi Anekwe David Bevan Marilyn Brett Beverly Skervin Julie Belshaw Lisa Belshaw
Subject to appointments at the Annual General Meeting the Trustees shall appoint members and committees to control of the affairs of the charity and may delegate any part of its duties to such committees. Without prejudice to the generality of the foregoing, the Trustees powers shall include the appointment, control and dismissal of all members and staff.
## **Financial Review**
The charity reported an excess of income over expenditure Deficit of £17,097 (2025 £10,859 Surplus) for the period.
The Trustees are satisfied that the charity has adequate resources to continue operating as a 'Going Concern' for the foreseeable future.
## **Public Benefit**
The Trustees have considered the charity Commission guidance on Public benefit and consider the activities of the charity meet its charitable objectives and provide benefit to the public.
## **Re Church Financial Statements for the period to 31 March 2026 Independent Examiners Report**
## **Independent Examiners Report to the Trustees**
I report on the accounts of the charity for the period ended 31 March 2026
## **Respective responsibilities of Trustees and Examiner**
The trustees' are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(the 2011 Act) and that an independent examination is needed. I am qualified to undertake the independent examination, by being a qualified member of CIMA.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention
## **Basis of Independent Examination**
My examination was carried out in accordance with the directions given by the Charity Commissioners. An examination includes review of accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of the any unusual items or disclosures in the accounts and seeking explanations from Director Trustees on any such matters. The procedures undertaken do not provide all the evidence that would be required for an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below
## **Independent Examiners Statement**
In connection with my examination, no matter has come to my attention
- 1 which gives me reasonable cause to believe that in any material respect the requirements
- a the accounting records were not kept in accordance with s130 of the Charities Act, or
- b the accounts did not accord with the accounting records, or
- c the accounts did not comply with requirements of the Charities Act, in terms of form and content of the Charities Accounts & Reports Regulations 2008, other than any requirement that the accounts give a true and fair view which is not a matter considered part of my Independent Examination.
- 2 I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached
Mr A Pearson FCMA
Exec Practice Ltd 87 Main Street Newtown Linford Leicestershire LE6 0AF Date: 02 September 2026
## **Re Church**
## **Financial Statements for the period to 31 March 2026 Statement of Financial Activities**
|**Note**
**Incoming Resources**
Donations Gifts & Offerings
**2**
Gift Aid
Investment Income
Other Income
**Total Income**
**Resources expended**
**Charitable Activities**
Room & Venue Hire
Online Costs
Activities
Ministry Resources
Donations to Charity
Contract Services
Refreshments
Computer & IT
Insurances
Legal & Professional
Equipment
Light & Heat
Building Rent
Repairs & Maintenance
Travel & Accomodation
Salaries & Wages
Volunteer Expenses
Bank Charges
Depreciation
Office Expenses & Admin
**Other Costs**
Independent Examination
**Total Expenditure**
**Net Income/(Expenditure) for the Year**
Fund Transfer
**Net movements for the year**
Accumulated Reserves b/f
**Total Reserves**|**£**
**£**
**£**
_£_
**Unrestricted Restricted**
**Total**
_Total_
**Funds**
**Funds**
**2026**
_2025_|
|---|---|
||101,720
14,302
116,022
_121,756_
6,771
-
**6,771**
_21,187_
4,677
-
**4,677**
_3,320_
5,280
**5,280**
_-_|
||**118,448**
**14,302**
**132,750**
_146,263_|
||2,058
-
**2,058**
_5,437_
3,914
-
**3,914**
_2,059_
421
1,114
**1,535**
_3,242_
17,082
21,834
**38,916**
_16,133_
5,105
-
**5,105**
_3,268_
50,952
-
**50,952**
_44,864_
5,801
-
**5,801**
_4,935_
1,757
-
**1,757**
_2,816_
-
-
**-**
_123_
5,673
-
**5,673**
_6,339_
-
-
**-**
_4,205_
7,407
-
**7,407**
_6,913_
10,678
-
**10,678**
_9,579_
2,041
-
**2,041**
_13,688_
483
-
**483**
_203_
7,923
**7,923**
_4,870_
278
-
**278**
_94_
-
-
**-**
_15_
-
**-**
_-_
3,406
-
**3,406**
_4,791_|
||**124,979**
**22,948**
**147,927**
_133,574_
1,920
**-**
**1,920**
_1,830_|
||**126,899**
**22,948**
**149,847**
**135,404**|
||**(8,451)**
**(8,646)**
**(17,097)**
_10,859_
-
-
**-**
_-_
**(8,451)**
**(8,646)**
**(17,097)**
_10,859_
336,277
15,914
**352,191**
_341,332_|
||**327,826**
**7,268**
**335,094**
_352,191_|
## **Re Church Financial Statements for the period to 31 March 2026 Balance Sheet**
|**Note**
**Assets**
**Fixed Assets**
**3**
**Investment Property**
**4**
**Investment in Subsidiary**
**5**
**Current Assets**
Stock
**6**
Debtors & Prepayments
Cash at Bank and in hand
**Less Current Liabilities**
Creditors less than one year
**7**
**Net Current Assets**
Creditors more than one year
**Net Assets**
**Reserves**
Designated Funds
Unrestricted funds
Restricted funds
**8**
**Total Reserves**|**£**
**£**
_£_
**Unrestricted**
**Restricted**
**Total**
_Total_
**Funds**
**Funds**
**2026**
_2025_|
|---|---|
||-
226,286
**226,286**
_226,286_
45,000
-
**45,000**
_25,000_|
||45,000
226,286
**271,286**
_251,286_
-
1
**1**
_1_
-
-
**-**
_-_
-
-
**-**
_-_
63,807
-
**63,807**
_100,904_|
||**63,807**
**-**
**63,807**
_100,904_
-
-
**-**
_-_|
||63,807
-
63,807
_100,904_|
||-
**-**
_-_|
||**108,807**
**226,287**
**335,094**
**352,191**|
||-
-
**-**
**-**
327,826
-
**327,826**
_336,277_
-
7,268
**7,268**
_15,914_|
||**327,826**
**7,268**
**335,094**
_352,191_|
11 August 2026 Approved by the Trustees on ………………………And signed on its behalf by:
|Julie Belshaw|Trustee|
|---|---|
|Remi Anekwe|Trustee|
## **Re Church Financial Statements for the period to 31 March 2026 Notes to the Financial Statements**
## **1 Accounting Policies**
## **1.1a Basis of preparation**
The charity is a 'Charitable Incorporated Organisation'. The financial statements have been prepared in accordance with 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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements as permitted by FRS 102
- the requirements of Section 7 Statement of Cash Flows
## **1.1b Preparation of the accounts on a going concern basis**
The Charity reported a surplus of £17,097 (2024 £10,859) for the period ended 31 March 2026. The trustees are of the view, that given the Charity's reserve position, and outlook of support for the next 12 months, that the charity is a going concern.
## **1.2 Resources Expended**
Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings, costs have been allocated to activities on a basis consistent with the use of resources. Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure and it is probable that a transfer of economic benefit will be required in settlement of the obligation, and can be reliably measured.
## **1.3 Donations and Voluntary Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to funds and it is probable that the income will be received and the amount can be measured reliably. Donations and Voluntary Income are accounted for when received.
## **1.4 Grants Receivable**
Grants for immediate expenditure are accounted for when they become receivable. Grants received for specific purposes are treated as restricted funds.
## **1.5 Allocation of Costs**
Costs have been allocated between charitable activity and governance costs Where items involve more than one fund they are apportioned between categories, and apportioned to fund based on the estimated expenditure of resource according to the nature of cost. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The aim and use of restricted funds is set out in the notes to the financial statements.
## **1.6 Fixed Assets and Depreciation**
Fixed Assets for charity use are capitalised at cost, or valuation if donated. Depreciation is calculated to write off the assets. Less their estimated residual value, over their useful lives on the following basis:
Land & Buildings held at valuation No Depreciation Furniture Fixtures & Equipment Depreciation 10 years straight line basis
Depreciation commences in the year after purchase or commissioning
## **2 Donations Gifts & Offerings**
During the year the charity received the following voluntary income
|Gifts & Offerings
Tithes
**Total**|£
£
£
_£_
Unrestricted
Restricted
**Total**
_Total_
**2026**
_2025_|
|---|---|
||95,132
-
**95,132**
_96,920_
20,890
-
**20,890**
_24,836_|
||116,022
_-_
**116,022**
**121,756**|
## **Re Church**
## **Financial Statements for the period to 31 March 2026 Notes to the Financial Statements**
## **3 Fixed Assets**
|**3**|**Fixed Assets**|||||||
|---|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|||**Land & Buildings Land & Buldings**||**Equipment**|**Equipment**|**Total**|**Total**|
|||**Restricted**|**Unrestricted**|**Restricted Unrestricted**||**Restricted **|**Unrestricted**|
||Cost b/f|-|226,286|-|46,495|-|272,781|
||Additions|-|-|-|-|-|-|
||Disposals|-|-|-|-|-|-|
||Cost c/f|-|226,286|-|46,495|-|272,781|
||Accum Depreciation b/f|-|-|-|46,495|-|46,495|
||Depreciation|-|-|-|-|-|-|
||Accum Depreciation c/f|-|-|-|46,495|-|46,495|
|||||||||
||Net Book value b/f|-|226,286|-|-|-|226,286|
|||||||||
||**Net Book value c/f**|**-**|**226,286**|**-**|**-**|**-**|**226,286**|
|||||||£|_£_|
|**4**|**Fixed Asset - Property Investment**|||||**2026**|2025|
||Blackbridge Corporate RE - Property Investment|||Fair Value Cost||**45,000**|_25,000_|
|||||||**45,000**|_25,000_|
|**5**|**Investment in Subsidiary**|||||||
||Re Church owns 100% of the|share capital of its subsidiary trading company C3 Action Ltd (07791002)||||||
|||||||£|_£_|
|**6**|**Stocks**|||||**2026**|_2025_|
||Stocks are valued at the lower of cost or market value|||||-|_-_|
|**7**|**Creditors - less than one year**|||||||
||Accruals|||||**-**|_-_|
|||||||**-**||
|**8**|**Restricted Funds**||Bal b/f|Income|Expenditure|Transfers|**Bal c/f**|
||||||||£|
||Purpose - Youth Fund||306|**-**|**(121)**|**-**|**185**|
||Elders Fund||839|**-**|**(218)**|**-**|**621**|
||Kilos of Kindness||3,502|**-**|**(252)**|**-**|**3,250**|
||Building Fund||83|**1,150**|**-**|**-**|**1,233**|
||Revive Nottingham||8,000|**11,020**|**(17,904)**|**-**|**1,116**|
||Heat Pump||300|**-**|**-**|**-**|**300**|
||Youth||650|**309**|**(959)**|**-**|**-**|
||Special Offerings Funerals||-|**1,823**|**(1,460)**|**-**|**363**|
||GBC 100 Years Celebration||2,000|**-**|**(2,000)**|**-**|**-**|
||GBC Work in the Community||34|**-**|**(34)**|**-**|**-**|
||GBC Little Gems||200|**-**|**-**|**-**|**200**|
||||**15,914**|**14,302**|**(22,948)**|**-**|**7,268**|
|**8**|**Analysis of Net Assets**||Designated|Unrestricted|Restricted||**Total**|
||||||||£|
||Fixed Assets||-|271,287|-||**271,287**|
||Current Assets||-|63,807|-||**63,807**|
||Current Liabilities||-|-|-||**-**|
||Long Term Loans|||-|||**-**|
||**Fund balance**||-|335,094|-||**335,094**|
## **Re Church**
**Financial Statements for the period to 31 March 2026 Notes to the Financial Statements**
## **9 Transactions with Director Trustees & Related Parties**
Remi Anekwe received £15,100 (2025 £15,000) & Pearl Anekwe received £15,100 (2025 £15,000) for services provided to the Church under service contracts.
## **10 Controlling Party**
No one party has control over the Charity