-The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 March 2023.
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 leaders and volunteers lead and support the message and direction of the church.
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 and bible studies. 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 bible study resources, room hire for bible study, worship and prayer meetings, teaching series’ on bible topics and Christian living, and to resource our Renewal-Kids 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, bereavement or during the current cost of living crisis. Examples of this include support with groceries for single parent families, and carpeting a rented property to help with insulation and safety for a single parent family with a new baby in need. We do this to imitate Jesus, who fed, healed and met the needs of those he spoke to.
We remained active in our local community as already mentioned in our generosity to those in need, and also in supporting community neighbours and members of the public. Renewal church continues to be part of Relational Mission and we support and work towards meeting the aims of these gospel and community objectives. Renewal Church continues to partner with Elyon Therapeutic Family Services who offer family support, therapy and intervention to women and children in need. Elyon has received financial support from Renewal and members and leaders of Renewal church are active participants and supporters and volunteers with Elyon. During the year, the church also hosted outreach events for members of the public. During one event, a former drug user who was rescued by the message of the Gospel shared his story to members of the public including the homeless, rehabilitating offenders etc.
Although the church does not measure “numbers attending” as a sign of any success, we have been privileged to welcome new faces who have joined our services, and good relational connections continue been made with new people who have made connections with the church.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Attendance and Volunteers
The charity welcomes around 50 attendees for Sunday worship services, although this is hard to measure week to week. Smaller numbers attend relevant groups such as bible studies, discipleship groups, prayer meetings etc. The charity has 18 volunteers across its ministries including Renewal-Kids, worship team, etc.
Financial review
During the year income:£31,786.21.
Expenditure: £24,059.53.
The charity is dependent on the financial commitment of members and other donations as the main source of income. The trustees acknowledge that income to the charity has essentially remained consistent in the year to date, and that the bank balance and reserves are in a strong position to maintain and increase our gospel aims in the following year.
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 £71,821.10 and the charity is complying with its reserves policy, but holding excess funds for the purpose of new community ventures such as first-Sunday prayer meeting hire 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.
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.
Renewal Church Whitfield
Report and Accounts Year ended 31 March 2023
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
RENEWAL CHURCH WHITFIELD
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2023
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 Michael Gregory (appointed January 2024) Carol Kelly (appointed December 2023) Thomas Marcus (resigned January 2024) Anna Palmer (resigned January 2024)
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 2-3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Pages 7-8 Notes to the Accounts
Page 1
RENEWAL CHURCH WHITFIELD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 March 2023.
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 leaders and volunteers lead and support the message and direction of the church.
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.
Review 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 and bible studies. 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 bible study resources, room hire for bible study, worship and prayer meetings, teaching series’ on bible topics and Christian living, and to resource our Renewal-Kids 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, bereavement or during the current cost of living crisis. Examples of this include support with groceries for single parent families, and carpeting a rented property to help with insulation and safety for a single parent family with a new baby in need. We do this to imitate Jesus, who fed, healed and met the needs of those he spoke to.
We remained active in our local community as already mentioned in our generosity to those in need, and also in supporting community neighbours and members of the public. Renewal church continues to be part of Relational Mission and we support and work towards meeting the aims of these gospel and community objectives. Renewal Church continues to partner with Elyon Therapeutic Family Services who offer family support, therapy and intervention to women and children in need. Elyon has received financial support from Renewal and members and leaders of Renewal church are active participants and supporters and volunteers with Elyon. During the year, the church also hosted outreach events for members of the public. During one event, a former drug user who was rescued by the message of the Gospel shared his story to members of the public including the homeless, rehabilitating offenders etc.
Page 2
Although the church does not measure “numbers attending” as a sign of any success, we have been privileged to welcome new faces who have joined our services, and good relational connections continue to be made with new people who have made connections with the church.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Attendance and Volunteers
The charity welcomes around 50 attendees for Sunday worship services, although this is hard to measure week to week. Smaller numbers attend relevant groups such as bible studies, discipleship groups, prayer meetings etc. The charity has 18 volunteers across its ministries including Renewal-Kids, worship team, etc.
Financial review
During the year income decreased by £2,150, to £31,610, and expenditure decreased by £10,880, to £23,930. As a result the cash held by the charity increased by £7,680, to £71,820, of which £70,850 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 income to the charity has essentially remained consistent in the year to date, and that the bank balance and reserves are in a strong position to maintain and increase our gospel aims in the following year.
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 £70,850 and the charity is complying with its reserves policy, but holding excess funds for the purpose of new community ventures such as first-Sunday prayer meeting hire 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".
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:
James Lee
Date: 23.01.24 Type text here
Page 3
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 2023 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: 25 January 2024
Page 4
RENEWAL CHURCH WHITFIELD
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
| Notes Income receipts Donations and grants Gift aid receipts Total receipts Payments 2 3 Total payments Transfers between funds 5 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 £ £ 30,101 - - - 30,101 - 14,509 - 4,422 - 18,932 - 11,170 - (3,455) 3,000 7,715 3,000 60,131 - 67,846 3,000 Unrestricted Funds |
Restricted Funds £ 1,509 - 1,509 - 5,003 5,003 (3,494) 455 (3,039) 4,014 975 |
Total 2023 £ 31,610 - 31,610 14,509 9,425 23,935 7,676 - 7,676 64,145 71,821 |
Total 2022 £ |
|
|---|---|---|---|---|---|
| General Funds £ 30,101 - 30,101 14,509 4,422 18,932 11,170 (3,455) 7,715 60,131 67,846 |
|||||
| 33,756 - |
|||||
| 33,756 | |||||
| 30,892 3,920 |
|||||
| 34,812 | |||||
| (1,056) - |
|||||
| (1,056) 65,201 |
|||||
| 64,145 |
The notes on pages 7 - 8 form part of these accounts.
Page 5
RENEWAL CHURCH WHITFIELD
STATEMENT OF ASSETS AND LIABILITIES
AS AT THE YEAR ENDED 31 MARCH 2023
| A Cash funds Cash at bank with immediate access Petty cash |
General Designated funds funds £ £ 67,846 3,000 - - 67,846 3,000 Unrestricted Funds |
Restricted funds £ 975 - 975 |
Total 2023 £ 71,821 - 71,821 |
Total 2022 £ |
|---|---|---|---|---|
| 64,094 51 |
||||
| 64,145 |
B Other monetary assets
| C Liabilities Falling due within one year: Pension due Fee for Independent Examination D Assets retained for charity's own use Equipment |
- - 732 732 |
- - - - |
- - - - |
- - 732 732 Value 2023 £ 5,000 5,000 |
- |
|---|---|---|---|---|---|
| 82 721 |
|||||
| 803 | |||||
| Value 2022 £ |
|||||
| 5,000 | |||||
| 5,000 |
The trustees have used insurance values for contents and equipment 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 23.01.24 James Lee
The notes on pages 7 - 8 form part of these accounts.
Page 6
RENEWAL CHURCH WHITFIELD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
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 Ministry activities, support and equipment Governance Other costs 3 Grants and gifts paid to others Organisations: Lighthouse Community, Poland City Church Elyon Therapeutic Family Services Dover Outreach Centre Organisations < £1,000 Individuals |
Unrestrict | Designated funds £ - - - - - - - - - - - - - - - ed Funds |
Restricted Funds £ - - - - - - - - 5,003 - - - - - 5,003 |
Total 2023 £ 6,277 2,480 853 440 2,885 1,001 573 14,509 5,003 - 3,612 - - 810 9,425 |
Total 2022 £ |
|
|---|---|---|---|---|---|---|
| General funds £ 6,277 2,480 853 440 2,885 1,001 573 14,509 - - 3,612 - - 810 4,422 |
||||||
| 26,762 1,125 217 408 1,801 568 12 |
||||||
| 30,892 | ||||||
| - 1,525 - 1,000 744 651 |
||||||
| 3,920 |
4 Transactions with related parties
Anna Palmer served as administrator and was paid £1,686 [2022: £0] for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.
Page 7
RENEWAL CHURCH WHITFIELD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
| 5 Movement of funds General funds Designated funds Worship fund Restricted funds Ukraine Social Action grant Community tithe Total funds |
Opening balance £ 60,131 - 60,131 2,734 475 805 4,014 64,145 |
Receipts £ 30,101 - 30,101 1,339 - 170 1,509 31,610 |
Payments £ (18,932) - (18,932) (5,003) - - (5,003) (23,935) |
Transfers £ (3,455) 3,000 (455) 930 (475) - 455 - |
Closing balance £ |
|---|---|---|---|---|---|
| 67,846 3,000 |
|||||
| 70,846 | |||||
| - - 975 |
|||||
| 975 | |||||
| 71,821 |
The designated Worship fund relates to a £3,000 grant received which was not restricted but which the trustees have designated for the purpose of worship.
The Ukraine appeal raised funds for the Lighthouse Community in Poland working with people affected by the war in Ukraine. The Social Action grant brought forward funds relate to a grant received in the previous year which was incorrectly treated as restricted funds. The balance has now been transferred to the general funds.
The funds donated for the Community Tithe is to help people in the local community who are in need.
Page 8
Renewal Church Whitfield
Report and Accounts Year ended 31 March 2023
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
RENEWAL CHURCH WHITFIELD
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2023
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 Michael Gregory (appointed January 2024) Carol Kelly (appointed December 2023) Thomas Marcus (resigned January 2024) Anna Palmer (resigned January 2024)
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 2-3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Pages 7-8 Notes to the Accounts
Page 1
RENEWAL CHURCH WHITFIELD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 March 2023.
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 leaders and volunteers lead and support the message and direction of the church.
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.
Review 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 and bible studies. 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 bible study resources, room hire for bible study, worship and prayer meetings, teaching series’ on bible topics and Christian living, and to resource our Renewal-Kids 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, bereavement or during the current cost of living crisis. Examples of this include support with groceries for single parent families, and carpeting a rented property to help with insulation and safety for a single parent family with a new baby in need. We do this to imitate Jesus, who fed, healed and met the needs of those he spoke to.
We remained active in our local community as already mentioned in our generosity to those in need, and also in supporting community neighbours and members of the public. Renewal church continues to be part of Relational Mission and we support and work towards meeting the aims of these gospel and community objectives. Renewal Church continues to partner with Elyon Therapeutic Family Services who offer family support, therapy and intervention to women and children in need. Elyon has received financial support from Renewal and members and leaders of Renewal church are active participants and supporters and volunteers with Elyon. During the year, the church also hosted outreach events for members of the public. During one event, a former drug user who was rescued by the message of the Gospel shared his story to members of the public including the homeless, rehabilitating offenders etc.
Page 2
Although the church does not measure “numbers attending” as a sign of any success, we have been privileged to welcome new faces who have joined our services, and good relational connections continue to be made with new people who have made connections with the church.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Attendance and Volunteers
The charity welcomes around 50 attendees for Sunday worship services, although this is hard to measure week to week. Smaller numbers attend relevant groups such as bible studies, discipleship groups, prayer meetings etc. The charity has 18 volunteers across its ministries including Renewal-Kids, worship team, etc.
Financial review
During the year income decreased by £2,150, to £31,610, and expenditure decreased by £10,880, to £23,930. As a result the cash held by the charity increased by £7,680, to £71,820, of which £70,850 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 income to the charity has essentially remained consistent in the year to date, and that the bank balance and reserves are in a strong position to maintain and increase our gospel aims in the following year.
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 £70,850 and the charity is complying with its reserves policy, but holding excess funds for the purpose of new community ventures such as first-Sunday prayer meeting hire 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".
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:
James Lee
Date: 23.01.24 Type text here
Page 3
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 2023 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: 25 January 2024
Page 4
RENEWAL CHURCH WHITFIELD
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
| Notes Income receipts Donations and grants Gift aid receipts Total receipts Payments 2 3 Total payments Transfers between funds 5 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 £ £ 30,101 - - - 30,101 - 14,509 - 4,422 - 18,932 - 11,170 - (3,455) 3,000 7,715 3,000 60,131 - 67,846 3,000 Unrestricted Funds |
Restricted Funds £ 1,509 - 1,509 - 5,003 5,003 (3,494) 455 (3,039) 4,014 975 |
Total 2023 £ 31,610 - 31,610 14,509 9,425 23,935 7,676 - 7,676 64,145 71,821 |
Total 2022 £ |
|
|---|---|---|---|---|---|
| General Funds £ 30,101 - 30,101 14,509 4,422 18,932 11,170 (3,455) 7,715 60,131 67,846 |
|||||
| 33,756 - |
|||||
| 33,756 | |||||
| 30,892 3,920 |
|||||
| 34,812 | |||||
| (1,056) - |
|||||
| (1,056) 65,201 |
|||||
| 64,145 |
The notes on pages 7 - 8 form part of these accounts.
Page 5
RENEWAL CHURCH WHITFIELD
STATEMENT OF ASSETS AND LIABILITIES
AS AT THE YEAR ENDED 31 MARCH 2023
| A Cash funds Cash at bank with immediate access Petty cash |
General Designated funds funds £ £ 67,846 3,000 - - 67,846 3,000 Unrestricted Funds |
Restricted funds £ 975 - 975 |
Total 2023 £ 71,821 - 71,821 |
Total 2022 £ |
|---|---|---|---|---|
| 64,094 51 |
||||
| 64,145 |
B Other monetary assets
| C Liabilities Falling due within one year: Pension due Fee for Independent Examination D Assets retained for charity's own use Equipment |
- - 732 732 |
- - - - |
- - - - |
- - 732 732 Value 2023 £ 5,000 5,000 |
- |
|---|---|---|---|---|---|
| 82 721 |
|||||
| 803 | |||||
| Value 2022 £ |
|||||
| 5,000 | |||||
| 5,000 |
The trustees have used insurance values for contents and equipment 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 23.01.24 James Lee
The notes on pages 7 - 8 form part of these accounts.
Page 6
RENEWAL CHURCH WHITFIELD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
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 Ministry activities, support and equipment Governance Other costs 3 Grants and gifts paid to others Organisations: Lighthouse Community, Poland City Church Elyon Therapeutic Family Services Dover Outreach Centre Organisations < £1,000 Individuals |
Unrestrict | Designated funds £ - - - - - - - - - - - - - - - ed Funds |
Restricted Funds £ - - - - - - - - 5,003 - - - - - 5,003 |
Total 2023 £ 6,277 2,480 853 440 2,885 1,001 573 14,509 5,003 - 3,612 - - 810 9,425 |
Total 2022 £ |
|
|---|---|---|---|---|---|---|
| General funds £ 6,277 2,480 853 440 2,885 1,001 573 14,509 - - 3,612 - - 810 4,422 |
||||||
| 26,762 1,125 217 408 1,801 568 12 |
||||||
| 30,892 | ||||||
| - 1,525 - 1,000 744 651 |
||||||
| 3,920 |
4 Transactions with related parties
Anna Palmer served as administrator and was paid £1,686 [2022: £0] for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.
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RENEWAL CHURCH WHITFIELD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
| 5 Movement of funds General funds Designated funds Worship fund Restricted funds Ukraine Social Action grant Community tithe Total funds |
Opening balance £ 60,131 - 60,131 2,734 475 805 4,014 64,145 |
Receipts £ 30,101 - 30,101 1,339 - 170 1,509 31,610 |
Payments £ (18,932) - (18,932) (5,003) - - (5,003) (23,935) |
Transfers £ (3,455) 3,000 (455) 930 (475) - 455 - |
Closing balance £ |
|---|---|---|---|---|---|
| 67,846 3,000 |
|||||
| 70,846 | |||||
| - - 975 |
|||||
| 975 | |||||
| 71,821 |
The designated Worship fund relates to a £3,000 grant received which was not restricted but which the trustees have designated for the purpose of worship.
The Ukraine appeal raised funds for the Lighthouse Community in Poland working with people affected by the war in Ukraine. The Social Action grant brought forward funds relate to a grant received in the previous year which was incorrectly treated as restricted funds. The balance has now been transferred to the general funds.
The funds donated for the Community Tithe is to help people in the local community who are in need.
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