Renewal Church Whitfield
Report and Accounts Year ended 31 March 2021
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
RENEWAL CHURCH WHITFIELD
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2021
ADDRESS FOR CORRESPONDENCE Whitfield Village Hall Sandwich Road Whitfield Dover CT16 3LY GOVERNING DOCUMENT CIO - Constitution dated January 2019 CHARITY REGISTRATION NUMBER 1181484 TRUSTEES RESPONSIBLE FOR James Lee MANAGING THE CHARITY John Nottage (resigned August 2020) Marek Czyz (resigned March 2021) Thomas Marcus (appointed April 2021) Anna Palmer (appointed April 2021) Selina Yeoman BANKERS Barclays Bank UK PLC INDEPENDENT EXAMINER Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
INDEX
Page 1 Legal and 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 Page 8 Notes to the Accounts
Page 1
RENEWAL CHURCH WHITFIELD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2021
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 March 2021.
Objects of the charity
The charity, which is a church, is governed by a constitution and is constituted as a charitable incorporated organisation. The object of the charity is for the benefit of the public in the advancement of the Christian faith by preaching and teaching the gospel of Jesus Christ in Dover, the UK and the world. We aim to prevent or relieve poverty, undertake religious activities, helping all members of society. In order to help coordinate the vision, the volunteers and to lead on the message and direction of the church, the church employs a pastor part time.
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
Renewal Church is led, supported and strengthened by a team who have a clear vision to share the love of Jesus by empowering the whole church to be “ministers of the new covenant” (2 Corinthians 3 verse 6). This is achieved by regular collective worship and bible teaching, small group gatherings, organic 1:1 or small group discipleship and through prayer meetings, albeit on Zoom during the pandemic of 2020-21. In strengthening the church body, we are empowering each individual to view themselves as Jesus does, which in turn spurs us on to reach out with the message of the gospel. Income and resources are used to operate groups such as Freedom in Christ, teaching series’ on bible topics and Christian living, and to resource our RenewalKids ministry. Our preaching of the gospel message to the community is accompanied by generosity: a proportion of church income is used to meet a range of local needs including helping to alleviate material or food poverty, to meet mental or physical health services costs, and giving gifts to families who are suffering hardship during a period of loss or bereavement. We do this to imitate Jesus, who fed, healed and met the needs of those he spoke to.
Although the church was unable to hold any of its public/open events like in previous years (such as Big Lunch, Christmas Community events etc), we remained active in our local community as already mentioned in our generosity to those in need, and also in supporting neighbours and residents of nearby communal or retirement living by collecting shopping and making deliveries. Renewal church has been privileged to partner with two local organisations during lockdown: Elyon Therapeutic Family Services and Dover Outreach Centre. Both groups received financial gifts from Renewal Church to support their outstanding work in meeting the needs of local vulnerable women and children (Elyon) and the homeless (DOC). Renewal Church is delighted to work with both organisations to see the gospel of Jesus Christ advance, and to see the needs of those in poverty of whatever form met.
Although the church does not measure “numbers attending” as a sign of any success, we have been privileged to welcome new faces who joined our online services during lockdown, and good relational connections have been made with 4 new people who regularly, or semi-regularly, ‘zoom in’. The church opened its doors to collective public worship at the end of July 2021 after the final stage of lockdown was eased. It was also the church’s privilege to see members grow in their own ministries and to bless them as they moved to new churches to grow further in their service to others in need of the gospel message.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Page 2
Attendance and Volunteers
The charity has around 40 regular attendees for Sunday worship services, although this is hard to measure since lockdown forced us to move to online services, and some have no access to internet etc. Smaller numbers attend relevant groups such as discipleship groups, prayer meetings etc.
The charity has 14 volunteers across its ministries including RenewalKids, worship team, etc.
Financial review
During the year income decreased by £9,400, to £54,200, and expenditure increased by £15,900, to £35,800. As a result the cash held by the charity increased by £18,300, to £65,200, of which all is unrestricted and can be used for any charitable purpose.
The charity is dependent on the financial commitment of members and other donations as the main source of income. The trustees acknowledge that due to the coronavirus pandemic, income has begun to drop. Effective steps have already been taken to mitigate against this and, although a deficit in the following year is likely, the trustees anticipate this being resolved at the financial year-end when normal services resume and surplus funds can be used to clear this.
Reserves policy
The trustees have determined that the charity should aim to hold unrestricted cash of no less than £10,000 (which equates to about 3 months' of 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 £65,200 and the charity is complying with its reserves policy, but holding excess funds for the purpose of new community ventures such as ‘Community Sunday’ and ‘Community Tithe’ opportunities to help those in need in our community.
Governance
Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the charity. New trustees are recruited and appointed according to section 11.1 of the constitution as follows: “Section 11.1… every Charity Trustee must be appointed by a resolution passed at a properly convened meeting of the Spiritual Leadership".
Conclusion
The leadership of Renewal Church and the trustees work together to ensure that the vision to Restore, Revive and Rebuild lives in body, mind and spirit is crucial to meeting its aims. Empowering the church to realise its potential as “ministers of the new covenant” according to the Apostle Paul is fundamental to this. The spiritual growth, maturing and courage of church members to take bold steps in this mission gives confidence to the Trustees and the Leadership Team of the church that the charity continues to operate itself upon a solid foundation on which to sustain continued growth in accordance with its constitution.
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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:
Mrs Selina Yeoman
Date: 15 September 2021
Page 4
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
RENEWAL CHURCH WHITFIELD
I report to the trustees on my examination of the accounts of Renewal Church Whitfield ('the charity') for the year ended 31 March 2021 on pages 6 to 8 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
- 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: 23 September 2021
Page 5
RENEWAL CHURCH WHITFIELD
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2021
| Notes Income receipts Donations and grants Other Total receipts Payments 2 3 Total payments Transfers between funds 7 Net movement in funds Cash funds as at last year end Cash funds at this year end A Net of receipts / (payments) before transfers Grants paid in relation to charitable activities undertaken by others Payments in relation to charitable activities undertaken directly |
General Designated Funds Funds £ £ 54,167 - - - 54,167 - 29,370 - 6,440 - 35,810 - 18,357 - - - 18,357 - 46,844 - 65,201 - Unrestricted Funds |
Restricted Funds £ - - - - - - - - - - - |
Total 2021 £ 54,167 - 54,167 29,370 6,440 35,810 18,357 - 18,357 46,844 65,201 |
08Jan2019 to 31Mar2020 £ |
|
|---|---|---|---|---|---|
| General Funds £ 54,167 - 54,167 29,370 6,440 35,810 18,357 - 18,357 46,844 65,201 |
|||||
| 63,105 468 |
|||||
| 63,573 | |||||
| 16,188 3,762 |
|||||
| 19,950 | |||||
| 43,623 - |
|||||
| 43,623 3,221 |
|||||
| 46,844 |
The notes on page 8 form part of these accounts.
Page 6
RENEWAL CHURCH WHITFIELD
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 MARCH 2021
| A Cash funds Cash at bank with immediate access Petty cash B Other monetary assets C Liabilities Falling due within one year: Pension due Fee for Independent Examination |
General Designated funds funds £ £ 65,150 - 51 - 65,201 - - - 204 - 609 - 813 - Unrestricted Funds |
Restricted funds £ - - - - - - - |
Total 2021 £ 65,150 51 65,201 - 204 609 813 |
08Jan2019 to 31Mar2020 £ |
|---|---|---|---|---|
| 46,793 51 |
||||
| 46,844 | ||||
| - | ||||
| 70 389 |
||||
| 459 |
D Assets retained for charity's own use
| ets retained for charity's own use Equipment |
Value 2021 £ 5,000 5,000 |
Value 2020 £ |
|---|---|---|
| 1,000 | ||
| 1,000 |
The trustees have used insurance values as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values.
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 date Mrs Selina Yeoman 15 September 2021
The notes on page 8 form part of these accounts.
Page 7
RENEWAL CHURCH WHITFIELD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2021
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 Employment costs Rent PA and worship Insurance Support services and training Outreach activities and other ministries Governance Other costs 3 Grants and gifts paid to others Organisations: City Church Elyon Therapeutic Family Services Dover Outreach Centre Organisations < £1,000 Individuals |
Unrestrict | Designated funds £ - - - - - - - - - - - - - - - ed Funds |
Restricted Funds £ - - - - - - - - - - - - - - - |
Total 2021 £ 27,075 - 638 293 810 95 439 20 29,370 - 3,000 3,000 50 390 6,440 |
08Jan2019 to 31Mar2020 £ |
|
|---|---|---|---|---|---|---|
| General funds £ 27,075 - 638 293 810 95 439 20 29,370 - 3,000 3,000 50 390 6,440 |
||||||
| 7,517 4,167 2,246 278 838 739 100 303 |
||||||
| 16,188 | ||||||
| 3,378 - - - 384 |
||||||
| 3,762 |
4 Transactions with related parties
Michael Yeoman, spouse of trustee Selina Yeoman, served as a church leader and was paid £25,917 [2020: £7,000] for serving in that capacity. These payments are permitted by the charity's governing document.
Page 8