## River Church,Weycroft Hall Report and Accounts Year ended 31 March 2024 ## **River Church, Weycroft Hall** ## **LEGAL & ADMINISTRATIVE DETAILS** ## **FOR THE YEAR ENDED 31 MARCH 2024** ADDRESS FOR CORRESPONDENCE Weycroft Hall Weycroft Axminster Devon. EX13 7LL GOVERNING DOCUMENT CIO Incorporated 6th March 2018 As amended 15th March 2022 CHARITY REGISTRATION NUMBER 1177447 TRUSTEES RESPONSIBLE FOR V.Turner MANAGING THE CHARITY M.Russell (resigned 31 May 2024) L.Russell (resigned 13th November 2023) M. Wallis D.Rogers M.Cavaciuti S.Wiggam (appointed 5 June 2024) NAMES OF BANKERS Lloyds Bank Plc INDEPENDENT EXAMINER Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB ## **INDEX** Page 1 Legal & Administrative Details Pages 2-4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8-9 Notes to the Accounts Page 1 ## **River Church, Weycroft Hall** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 MARCH 2024** The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 March 2024. ## **Objects of the charity** The charity, which is a church, is governed by a constitution and is constituted as a charitable incorporated organisation. The charity's principal objects, as set out in its governing document, are: The advancement of the Christian faith for the public benefit in particular but not exclusively, by providing and establishing a training and retreat centre in the area of Axminster for the local community. ## **Summary of the charity's main activities and achievements** ## **Church Life** Sunday meetings have been just lovely, with good attendance and a great atmosphere. We had quite a number of people becoming Christians this year, we had summer baptisms, and ran a Radical Basics course to help them through early discipleship. All year we ran a preaching series addressing Kingdom Cultures, with a range of preachers and high viewings on our YouTube channel by people from right across the country. Our monthly Encounter nights host Christians, and non-Christians, from across the region. They are powerful & celebrated occasions. Our relationship with international worship leader, Paul Oakley, continues to grow and he has joined us through the year to lead some of these evenings. ## **Healing Ministry and Sozo Ministry** The Healing ministry has continued to expand with people approaching us from all over the country. Likewise, the Sozo ministry has also continued well, and there are powerful and heartwarming testimonies from both. In June we ran a training and ministry day called "Healing from Spiritual Abuse and Church Fall Out". The level of engagement was exceptional and we sense that there will be more to come from us in this much needed area. Page 2 ## **Christians Against Poverty** We continue to support CAP and provided a celebration meal for them in the Hall in Sept which was incredibly well received by their local CAP staff and clients. One of our members is particularly involved in this significant work. ## **Outreach events** We joined in with a couple of grass roots joint-church initiatives: a Bus mission in April and a carol service in December. Both were lovely occasions, but we are aware that church leader unity in the area is an important prayer issue. In May we ran a Coronation Tea party at Weycroft Hall for neighbours and friends, a little bit like the Platinum Jubilee Community Celebration we had done the year before. Again, like the Fireworks & Bonfire night that we also ran, these are great events and very much appreciated by the local community. ## **Youth Work** Our youth worker has done a great job in his second year with us. Highlights include being with a large youth team with our partner organisation, RedTribe, in Kenya and heading up the late night youth work at Spring Harvest for 100s of teenagers. Attendance at our Friday evening Fireplace has been sporadic, but viable and very much appreciated by those who come. In addition, he has started taking responsibility for "The Vibe" a Sunday night youth group with teenagers coming from different churches in our area and also informally joining in with a peer led friendship group every happening Monday evening, attending fortnightly. He has also been building relationships with other youth leaders in the area. Axe Valley Youth is a initiative started by Uplyme church, supporting local youth groups. In December 2023 River church agreed to take oversight of the initiative. Any donations received, and expenditure incurred specifically for Axe Valley Youth are held in a restricted fund. ## **Life Groups** Life groups have continued well throughout the year and include a new Men's group. ## **Outside Events** Towards the end of the reporting year, River Church had a significant involvement in **Spring Harvest** . We have had the huge privilege of being part of a small group drawing this national ministry back to it's roots in teaching about, & ministry in, the Holy Spirit. The whole movement is rejoicing that both venues had an exceptional year, and part of that was the Prayer Ministry Training given from Weycroft Hall. Our large team was fully involved in leading the prayer ministry in different venues, counselling, teaching and our youth worker headed up the detached youth work team, looking after 100s of teenagers each night! One of our party also prayed with a wheelchair-bound lady with terminal MS, and we saw one of the most spectacular healing miracles to date. Extraordinary! Page 3 ## **Summary** Many people feedback that their involvement with River Church has been life changing, healing and enabling. The relaxed atmosphere of non-judgemental love and community life is a beautiful working out of the gospel of Jesus Christ. So as long as we are able to prioritise this culture, we are happy to report that the church is in a healthy state and a joy to experience. As ever huge thanks go to the very many volunteers that enable us to flourish so beautifully. In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission. ## **Financial review** During the year income increased by £9,635 to £61,210 and expenditure decreased by £2,039 to £59,150. As a result the cash (total funds) held by the charity increased by £2,060 to £23,548 of which £1,198 is restricted. The increase in total income included 3 years of gift aid back claims, totalling £13,133. All unrestricted funds can be used for any charitable purpose. ## **Reserves policy** The trustees have determined that the charity should aim to hold unrestricted cash of no less than £14,272 (which equates to 3 months' of budgeted unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £22,350 and therefore the charity is complying with its reserves policy. ## **Governance** Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the charity. Responsibility for the day to day operation of the charity has been delegated to a senior management team led by Vince and Clio Turner. New trustees are recruited and appointed by the existing trustees, by a majority vote, the chairman has the deciding vote in the event of a tie. ## **Responsibilities of trustees** 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. ## **Approval** This report was approved by the trustees and signed on their behalf by: ……………………………………………………….. Dominic Rogers Date:______20th November 2024 Page 4 ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF** ## **River Church, Weycroft Hall** I report to the trustees on my examination of the accounts of River Church, Weycroft Hall ('the charity') for the year ended 31 March 2024 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. Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB Date: 9th December 2024 Page 5 ## **River Church, Weycroft Hall** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE YEAR ENDED 31 MARCH 2024** |Notes
**_Income receipts_**
Donations and legacies
Gift aid
Event income
**_Total receipts_**
**_Payments_**
2
3
**_Total payments_**
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
Net of receipts / (payments) before
Grants paid in relation to charitable
Payments
in
relation
to
charitable
activities undertaken directly||General
Designated
Funds
Funds
£
£
45,595
-
13,133
-
58,728
-
46,392
-
11,474
-
57,866
-
862
-
862
-
21,488
-
22,350
-
Unrestricted Funds|Restricted
Funds
£
2,482
-
2,482
1,284
-
1,284
1,198
1,198
-
1,198|2024
£
48,077
13,133
-
61,210
47,676
11,474
59,150
2,060
2,060
21,488
23,548|2023
£| |---|---|---|---|---|---| |||General
Funds
£
45,595
13,133
58,728
46,392
11,474
57,866
862
862
21,488
22,350|||| ||||||45,480
-
6,095| ||||||51,575| ||||||48,692
12,497| ||||||61,189| ||||||9,614
-| ||||||9,614
-
31,102| ||||||21,488| The notes on pages 8 - 9 form part of these accounts. Page 6 ## **River Church, Weycroft Hall** ## **STATEMENT OF ASSETS AND LIABILITIES** ## **FOR THE YEAR ENDED 31 MARCH 2024** |Notes
**A**
**Cash funds**
Cash at bank with immediate access
**B**
**Other monetary assets**
Other debtors
Gift aid due to charity
**C**
**Liabilities**
**Falling due within one year**
Fee for Independent Examination
Hall hire and other charges|General
Designated
funds
funds
£
£
22,350
-
**22,350**
**-**
6,000
-
**6,000**
**-**
720
-
450
-
**1,170**
**-**
Unrestricted Funds|Restricted
funds
£
1,198
**1,198**
-
**-**
-
-
**-**|2024
£
23,548
**23,548**
-
6,000
**6,000**
720
450
**1,170**|2023
£| |---|---|---|---|---| |||||21,488| |||||**21,488**| |||||1,304
13,158| |||||**14,462**| |||||570
-| |||||**570**| ## **D Assets retained for charity's own use** The charity does not hold any assets of material value. ## **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: -------------------------------------------Dominic Rogers Date:________20th November 2024 The notes on pages 8 - 9 form part of these accounts. Page 7 ## **River Church, Weycroft Hall** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2024** ## **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. |**2**
**Payments in relation to charitable activities undertaken directly**
Staff costs including youth worker salary
Hire of premises
Youth and Children's work
Other Costs
Community event
**3**
**Grants paid in relation to charitable activities undertaken by others**
Grants for:
Overseas mission
Pastoral care
Relief of poverty
Education and training
Community event
Ministry gifts|Unrestricted Fun
General
funds
£
34,003
4,950
294
7,145
46,392
4,150
4,415
1,200
650
59
1,000
11,474|ds
Designated
funds
£
-
-
-
-
-
-
-
-
-|Restricted
Funds
£
1,034
-
250
-
1,284
-
-
-
-|Total
2024
£
35,037
4,950
544
7,145
-
47,676
4,150
4,415
1,200
650
59
1,000
11,474|Total
2023
£| |---|---|---|---|---|---| ||||||29,301
7,000
153
12,238
-| ||||||48,692| ||||||4,675
425
880
4,217
500
1,800| ||||||12,497| The organisation supports individuals in the UK and organisations overseas in the relief of poverty, and education and training. Grants totalling £11,474 (2023: £12,497) have been made to 6 individuals and 4 organisations (2023: 5 individuals and 8 organisations) during the period. The grants paid to overseas mission all relate to UK based charities who work overseas. ## **4 Transactions with related parties** One of the trustees, Vince Turner own and live in Weycroft Hall, from which the organisation operates. They allow the organisation to use the premises for a charge to cover running costs, receiving £4,950 (2023: £7,000) in the period. Vince and Clio Turner are the lead pastors of the church and both received a salary of £9,950. The salary is for their roles as lead pastors, not as trustees for the church. A one-off payment of £50 was made during the year to a relative of Trustee Vince Turner as a visiting worship leader. Payments totalling £1,150 were made to Mark and Laura Russell during the year to support their overseas mission trip to Malawi. Page 8 ## **River Church, Weycroft Hall** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2024** ## **5 Movement of funds** |**vement of funds**|||||| |---|---|---|---|---|---| |General funds
Restricted funds
Axe Valley Youth
Total funds|Balance at
31 Mar 2023
£
21,488
-
21,488|Receipts
£
58,728
2,482
2,482
61,210|Payments
£
57,866
-
1,284
-
1,284
-
59,150
-|Transfers
£
-
-|Balance at
31 Mar 2024
£| ||||||22,350| ||||||1,198| ||||||1,198| ||||||| ||||||23,548| Restricted funds as at 31 March 2024 total £1,198 and all relate to funds restricted for Axe Valley Youth. Page 9