**Charity Registration No. 1180302**
## **FLOW CHURCH**
**TRUSTEES' REPORT AND ACCOUNTS**
**FOR THE YEAR ENDED 31 DECEMBER 2023**
## **FLOW CHURCH**
## **CONTENTS**
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Page
Legal and administrative information 1
Trustees' report 2 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the accounts 8-11
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## **Flow Church**
## **Legal and Administrative Information**
**Charity Number** 1180302 **Date of Registration** 12th October 2018 **End of Financial Year** 31st December 2023
## **Trustees**
The following Trustees served during the year: Paul Emberton Sarah Harvey James McKean Rakesh Kumar Banga (Resigned) Samual Phillips (Appointed) Mark Rattansingh (Appointed)
**Governing Document** Constitution of a Charitable Incorporated Organisation Dated 8th October 2018
## **Charitable Objects:**
The objective of the CIO is, for the public benefit, the advancement of the Christian faith in Surrey and such other parts of the United Kingdom and the world as the Charity Trustees may from time to time decide.
## **Principle Address & Registered Office**
23 Kings Quarter London Road Binfield Brachnell Berkshire RG42 4FG
## **Bankers**
Barclays Bank UK Plc
## **Independent Examiner**
Michael Homer AFA MIPA MCH Accountants Ltd 68 Charlton Road Andover Hampshire SP10 3JN
1
## **Trustees’ Annual Report for the period**
## **From 1st Jan 2023 To 31 Dec 2023**
## **Charity name: Flow Church**
## **Charity registration number: 1180302**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of the
charity as set out in its governing
document|Para 1.17|The advancement of the Christian Faith in Surrey and the
UK and the world as trustees may from time to time
decide|
|Summary of the main activities in
relation to those purposes for the
public benefit, in particular, the
activities, projects or services
identified in the
accounts.|Para 1.17 and
1.19|Running and organising of Sunday services and
community activities. Running an online Friday night
meeting. Pastoral care and council for members.
Missions work, including organised trips.|
|Statement confirming whether the
trustees have had regard to the
guidance issued by the Charity
Commission on public
benefit|Para 1.18|In setting objectives and planning activities, the Trustees
have given due consideration to the guidance published
by the Charity Commission relating to public benefit|
## **Additional information (optional)**
||SORP reference||
|---|---|---|
|Policyongrant making|Para 1.38|Currently do not have one|
|Policy on social investment
including program related
investment|Para 1.38|Currently do not have one|
|Contribution made by volunteers|Para 1.38|Running of Friday night online meeting; Sunday services;|
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to the
circumstances of its beneficiaries
and any wider benefits to society
as a whole.|Para 1.20|Flow Church runs 2 locations in Surrey area to help
expand the Flow Charity and provide better care for
people nearer there home.
Flow Church organised over 5 European mission trips
with over 20 individuals going on at least one of those
trips. The trips helped local churches provide care for
refugees, gypsy communities, Church congregations and
youth.
Flow ran equipping and educational events around the
beliefs and practices of the Christian Faith.|
**2**
## **Financial Review**
|Review of the charity’s financial
position at the end
of the period|Para 1.21|Current Income: £100,873
Current Expenditure: 113,486|
|---|---|---|
|Statement explaining the policy for
holding reserves stating why they
are held|
Para 1.22|To hold 3 months of expenditure|
|Amount of reserves held|Para 1.22|£7,948|
|Reasons for holding zero reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any uncertainties
about the charity continuing as a
going
concern|Para 1.23||
## **Additional information (optional)**
|The charity’s principal sources of
funds (including any fundraising)|Para 1.47|Donations from church members|
|---|---|---|
|Investment policy and objectives
including any|Para 1.46|Not relevant|
|social investment policy adopted|||
|A description of the principal risks
facing the charity|Para 1.46|Financial status gets discussed at every Trustee meeting.
Current risks are rising cost of living affecting the people|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s trusts:|||
|---|---|---|
|Type of governing document(trust
deed, royal charter)|Para 1.25|Constitution of CIO|
|How is the charity constituted?
(e.g unincorporated association,
CIO)|Para 1.25|CIO|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of any
person or body entitled to appoint
one or more
trustees|Para 1.25|Trustees are selected and elected according to the
provisions set out in the constitution document|
**3**
## **Additional information (optional)**
|Policies and procedures adopted
for the induction and training of
trustees|Para 1.51|No policy in place yet|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|Kerith Church is the Church we were planted
from. We have a good relationship with them
and they support us with advice and support when|
|Relationship with any related
parties|Para 1.51|The trustees and leadership team are supported by an
external body , made up of three members who are
experienced in giving advice on charity governance and
ministry oversight within churches|
||||
## **Declarations**
## **The trustees declare that they have approved the trustees’ report above.**
**Signature(s) Full name(s)** James Andrew Mckean **Position (eg Secretary,** Chair of Trustees **Chair) Date** 01/11/2024
**4**
## **Flow Church**
## **Independent Examiner's Report**
I report to the charity trustees on my examination of the accounts of the Charitable Incorporated Organisation for the year ended 31 December 2023
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
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 Act.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- • the accounts do not accord with those records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
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 Michael Homer AFA MIPA**
Independent Examiner for and on behalf of MCH Accountants Ltd 68 Charlton Road Andover Hampshire SP10 3JN
Dated: 30th October 2024
5
## **Flow Church**
**Statement of Financial Activities for the year ended 31st December 2023 (Including income and expenditure account)**
|**Notes**
**Income from:**
Donations and gifts
**5a**
Charitable Activities
**5b**
**Total Income**
**Expenditure on:**
Charitable Activities
**6**
**Total Expenditure**
Net incoming/(outgoing) resources for the year
Total Funds brought forward at 1 January 2023
**Total Funds carried forward at 31 Dec 2023**|**£**
100,846
28
100,874
113,486
113,486
12,612
-
21,167
8,555
**Unrestricted**
**Funds**|**£**
-
-
-
-
-
-
-
-
**Restricted**
**Funds**|**Total**
**2023**
**£**
**100,846**
**28**
**100,874**
**113,486**
**113,486**
**12,612**
**-**
**21,167**
**8,555**|Total
2022
**£**
116,778
3|
|---|---|---|---|---|
|||||116,781|
|||||117,706|
|||||117,706|
||||||
|||||925
-
22,092|
|||||21,167|
All the church's operations are classed as continuing.
There are no recognised gains or losses other than those reported on the Statement of Financial Activities.
The notes on pages 9 to 12 form part of these financial statements.
6
## **Flow Church Charity Registration No. 1180302**
## **Balance Sheet as at 31st December 2023**
|**Notes**
**Non Current Assets**
Tangible Fixed Assets
**3**
Other Assets
**4**
**Current Assets:**
Debtors and Prepayments
**8**
Cash at bank and in hand
Total Current Assets
**Current Liabilities:**
**9**
**Net Current Assets**
**Total Net Assets**
**Income Funds**
General Fund
Restricted Funds
**7**
**Total Funds**
**12**
Creditors: amounts falling due
within one year|**2023**
**£**
**607**
**-**
**607**
**6,513**
**4,282**
**10,795**
**2,847**
**-**
**7,948**
**8,555**
**8,555**
**-**
**8,555**|2022
£
1,515
-|
|---|---|---|
|||1,515|
|||20,112
855|
|||20,967|
|||1,315
-|
|||19,652|
|||21,167|
|||21,167
-|
|||21,167|
The notes on pages 9 to 12 form part of these financial statements.
Approved by the Trustees on the
Signed on their behalf by
Trustee
7
## **Flow Church**
## **Notes to the Financial Statements for the year ended 31st December 2023**
## **1. Accounting Policies**
## **Basis of Preparation**
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 2022) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Flow Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes
The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
## **Income**
Income is recorded on the Statement of Financial Activities (SOFA) when it becomes probable the charity will receive the income, the charity becomes entitled to the income and the amount of income due to be received can be measured
## **Expenditure**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to that category. They include irrecoverable VAT. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
## **Liability Recognition**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the Charity to discharge them.
## **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates to write off the cost less estimated residual value of each asset over its expected useful life as follows:
All Equipment 25% straight Line
Assets costing less than £1000 are expended within the SOFA.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments. The Trustees seek to use short and medium term deposits where possible to maximise the return on monies held at the bank and to manage cash flow.
## **Pensions**
The charity offers a defined contribution pension to all eligible staff and, at the Trustees' discretion, to other paid staff. At the year end there were contributions of £333 outstanding.
## **Funds**
General funds are unrestricted funds which are available for use at the discretion of the directors in furtherance of the general objectives of the charity and which have not been designated for any other purpose.
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 cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **2. Cash Flow**
Under section 7 of FRS102 in relation to the Cash Flow statement, exemption has been claimed on the basis that Flow Church is a small charity.
8
## **Flow Church**
## **Notes to the Financial Statements for the year ended 31st December 2023 (continued)**
## **3. Tangible Fixed Assets**
|||
|---|---|
|**3. Tangible Fixed Assets**
Cost
1st January 2023
Additions
Cost at
31st December 2023
Depreciation
1st January 2023
Charge for year
Depreciation at
31st December 2023
Net book value
31st December 2023
Net book value
31st December 2022|**Equipment**
**£**
3,630
-|
||3,630|
||2,115
908|
||3,023|
||**607**|
||1,515|
## **4. Other Assets**
None
|**5. Income**
**a) Voluntary Income**
Gift Aided Donations
Gift Aid Tax Refund
Other Donations
**b) Charitable Activities**
Mission Trip
Activities and Events
Other Income
**Total Income**|**Unrestricted**
**Funds**
**£**
67,278
15,578
17,990
100,846
-
-
28
28
**100,874**|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
**-**|**Total**
**2023**
**£**
**67,278**
**15,578**
**17,990**
**100,846**
**-**
**-**
**28**
**28**
**100,874**|Total
2022
£
75,672
17,299
23,807|
|---|---|---|---|---|
|||||116,778|
|||||-
-
3|
|||||3|
||||||
|||||116,781|
Of the £116,781 total income for the year to 31 December 2022, £116,781 was unrestricted
9
## **Flow Church**
## **Notes to the Financial Statements for the year ended 31st December 2023 (continued)**
|**6. Expenditure**
**Unrestricted**
**Funds**
**Charitable Activities:**
**£**
Misssion & Events
7,411
Youth and Children
-
Sunday Meetings
3,477
Rent & Repairs
37,490
Office & Administration
6,409
Salaries & Expenses
57,659
Accountant Fees
1,040
**Total Expenditure:**
113,486
Support Costs included in the above consist of:
Salaries
5,766
Office and Administration
6,409
Governance Costs
1,040
**Total**
13,215|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**2023**
**£**
**7,411**
**-**
**3,477**
**37,490**
**6,409**
**57,659**
**1,040**
**113,486**
**5,766**
**6,409**
**1,040**
**13,215**|Total
2022
£
11,993
-
2,978
39,134
8,506
54,088
1,007|
|---|---|---|---|
||||117,706|
||||5,409
8,506
1,007|
||||14,922|
Support costs include 10% of total staffing costs
Governance costs in 2022 and 2023 consist entirely of fees due to the independent examiner in respect of examination services.
|**7. Restricted Funds**
None
**Total**|**Balance at**
**31-Dec-22**
**£**
-
**-**|**Income**
**£**
-
**-**|**Expenditure**
**£**
-
**-**|**Balance at**
**31-Dec-23**
**£**
**-**|
|---|---|---|---|---|
|||||**-**|
The Restricted Funds are wholly represented by the charity's cash reserves.
**Restricted Funds are held for the following purposes:** None
|**8. Debtors and Prepayments**
Gift Aid Recoverable
Rental Deposit
**Total**
**9. Creditors and Accruals: amounts due within one year**
Creditors
Independent Examiner's Fees
Pensions payable
**Total**|**2023**
**£**
**3,677**
**2,836**
**6,513**
**2023**
**£**
**1,474**
**1,040**
**333**
**2,847**|2022
£
1,748
18,364|
|---|---|---|
|||20,112|
|||2023
£
-
1,007
308|
|||1,315|
10
## **Flow Church**
## **Notes to the Financial Statements for the year ended 31st December 2023 (continued)**
## **10. Staff Costs**
The Charity employed two members of staff (2022: two) during the year. The costs were:
|Gross Salaries & Employers NIC
Employers Pension Contributions
**Total**
2022 Note: Gross Salary and Employers Pension split restated
There are no employees with emoluments over £60,000|**2023**
**£**
**51,667**
**2,583**
**54,250**|2022
£
50,000
2,500|
|---|---|---|
|||53,570|
||||
## **11. Trustees and related parties**
Mr Stephen Parker Resigned at the start of the financial year and there are no related party transactions
## **12. Net Assets between Funds**
|Fund balances at 31 December 2023 are represented by:
Non Current Assets
Current Assets
Current Liabilities
**Total**
Fund balances at 31 December 2022 are represented by:
Fixed Assets
Current Assets
Current Liabilities
Total|Unrestricted
funds
£
607
10,794
2,846
-
**8,555**
Unrestricted
funds
£
1,515
20,968
1,315
-
21,168|Restricted
funds
£
-
-
-
**-**
Restricted
funds
£
-
-
-
-|**Total**
**2023**
**£**
**607**
**10,794**
**2,846**
**-**|
|---|---|---|---|
||||**8,555**|
||||Total
2022
£
1,515
20,968
1,315
-|
||||21,168|
## **13. Operating Leases**
The lease for the light Industrial Unit at Chertsey Industrial Park was teminated in September 2023
11