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2024-03-31-accounts

Renewal Church Whitfield

Report and Accounts Year ended 31 March 2024

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

RENEWAL CHURCH WHITFIELD

LEGAL AND ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 MARCH 2024

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 Pages 2-4 Page 5 Page 6 Page 7 Page 8

Legal and Administrative Details Trustees' Report Independent Examiner's Report Receipts and Payments Account Statement of Assets & Liabilities Notes to the Accounts

Page 1

RENEWAL CHURCH WHITFIELD

REPORT OF THE TRUSTEES

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 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.

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, providing food and clothing vouchers for families struggling financially and suffering from mental health issues. We do this to imitate Jesus, who fed, healed and met the needs of those he spoke to.

Renewal Church have had the pleasure of hosting a baptism service where 4 members of the church and a visitor were baptised, testifying of their faith in Jesus Christ; professing him as Lord and Saviour in their lives. We hosted a five-year celebration service to acknowledge God's faithfulness and provision during the Renewal journey, and all past members were invited along with many visitors.

Renewal Church also organised a picnic as a way of outreach in the local park where members of the congregation were encouraged to invite friends and family to join and experience fellowship in a more relaxed environment. Our Community tithe has also been used to help meet the need of local families in financial difficulty, by providing supermarket vouchers.

Renewal Church have improved the worship equipment, purchasing a new projector, PA desk, speakers and stands etc. to enhance our worship experience and reduce “set up and pack down” time, allowing leaders more freedom to interact with congregation members. Guest worship leaders and guest speakers have also been invited to lead worship and preach on a number of occasions throughout the year due to the lack of resources within Renewal Church.

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.

Page 2

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 £9,500, to £22,100, and expenditure increased by £500, to £24,400. As a result the cash held by the charity decreased by £2,400, to £69,400, of which £69,200 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 decreased by 30% in the year, although the bank balance and reserves remain in a strong position to maintain and increase our gospel aims in the coming year.

Reserves policy

The trustees have determined that the charity should aim to hold unrestricted cash of no less than £15,000 (which equates to about 7 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 £69,200 and the charity is complying with its reserves policy but holding excess funds for the purpose of 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.

Page 3

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:_____

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 2024 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

  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:

Page 5

RENEWAL CHURCH WHITFIELD

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

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
£
£
21,848
-
-
-
21,848
-
20,486
3,000
-
-
20,486
3,000
1,362
(3,000)
-
-
1,362
(3,000)
67,846
3,000
69,207
-
Unrestricted Funds
Restricted
Funds
£
220
-
220
962
-
962
(742)
-
(742)
975
233
Total
2024
£
22,068
-
22,068
24,449
-
24,449
(2,381)
-
(2,381)
71,821
69,440
Total
2023
£
General
Funds
£
21,848
-
21,848
20,486
-
20,486
1,362
-
1,362
67,846
69,207
31,610
-
31,610
14,509
9,425
23,935
7,676
-
7,676
64,145
71,821

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 2024

A
Cash funds
Cash at bank with immediate access
B
Other monetary assets
C
Liabilities
Falling due within one year:
Fee for Independent Examination
D
Assets retained for charity's own use
Equipment
General
Designated
funds
funds
£
£
69,207
-
69,207
-
-
-
720
-
720
-
Unrestricted Funds
Restricted
funds
£
233
233
-
-
-
Fund to
which asset
belongs
General
Total
2024
£
69,440
69,440
-
720
720
Value
2024
£
5,000
5,000
Total
2023
£
71,821
71,821
-
732
732
Value
2023
£
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 _____James Lee _____

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 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
Employment costs
Rent
PA and worship
Insurance
Ministry activities, support and equipment
Governance
Other costs
Unrestrict Designated
funds
£
-
-
3,000
-
-
-
-
3,000
ed Funds
Restricted
Funds
£
-
-
-
-
962
-
-
962
Total
2024
£
7,613
2,770
8,104
451
3,808
1,217
486
24,449
Total
2023
£
General
funds
£
7,613
2,770
5,104
451
2,845
1,217
486
20,486
6,277
2,480
853
440
2,885
1,001
573
14,509
3
Grants paid in relation to charitable activities undertaken by others
Organisations:
Lighthouse Community, Poland
Elyon Therapeutic Family Services
-
-
-
-
-
-
-
-
-
-
-
-
5,003
3,612
9,425

Transactions with related parties

No payments were made to trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.

5
Movement of funds
General funds
Designated funds
Worship fund
Restricted funds
Community tithe
Total funds
Opening
balance
£
67,846
3,000
70,846
975
975
71,821
Receipts
£
21,848
-
21,848
220
220
22,068
Payments
£
(20,486)
(3,000)
(23,486)
(962)
(962)
(24,449)
Transfers
£
-
-
-
-
-
-
Closing
balance
£
69,207
-
69,207
233
233
69,440

The designated Worship fund relates to a £3,000 grant received which was not restricted but which the trustees had designated for the purpose of worship. This was used in full this year.

The funds donated for the Community Tithe are to help people in the local community who are in need.

Page 8

Renewal Church Whitfield

Report and Accounts Year ended 31 March 2024

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

RENEWAL CHURCH WHITFIELD

LEGAL AND ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 MARCH 2024

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 Pages 2-4 Page 5 Page 6 Page 7 Page 8

Legal and Administrative Details Trustees' Report Independent Examiner's Report Receipts and Payments Account Statement of Assets & Liabilities Notes to the Accounts

Page 1

RENEWAL CHURCH WHITFIELD

REPORT OF THE TRUSTEES

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 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.

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, providing food and clothing vouchers for families struggling financially and suffering from mental health issues. We do this to imitate Jesus, who fed, healed and met the needs of those he spoke to.

Renewal Church have had the pleasure of hosting a baptism service where 4 members of the church and a visitor were baptised, testifying of their faith in Jesus Christ; professing him as Lord and Saviour in their lives. We hosted a five-year celebration service to acknowledge God's faithfulness and provision during the Renewal journey, and all past members were invited along with many visitors.

Renewal Church also organised a picnic as a way of outreach in the local park where members of the congregation were encouraged to invite friends and family to join and experience fellowship in a more relaxed environment. Our Community tithe has also been used to help meet the need of local families in financial difficulty, by providing supermarket vouchers.

Renewal Church have improved the worship equipment, purchasing a new projector, PA desk, speakers and stands etc. to enhance our worship experience and reduce “set up and pack down” time, allowing leaders more freedom to interact with congregation members. Guest worship leaders and guest speakers have also been invited to lead worship and preach on a number of occasions throughout the year due to the lack of resources within Renewal Church.

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.

Page 2

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 £9,500, to £22,100, and expenditure increased by £500, to £24,400. As a result the cash held by the charity decreased by £2,400, to £69,400, of which £69,200 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 decreased by 30% in the year, although the bank balance and reserves remain in a strong position to maintain and increase our gospel aims in the coming year.

Reserves policy

The trustees have determined that the charity should aim to hold unrestricted cash of no less than £15,000 (which equates to about 7 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 £69,200 and the charity is complying with its reserves policy but holding excess funds for the purpose of 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.

Page 3

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:_____

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 2024 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

  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:

Page 5

RENEWAL CHURCH WHITFIELD

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

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
£
£
21,848
-
-
-
21,848
-
20,486
3,000
-
-
20,486
3,000
1,362
(3,000)
-
-
1,362
(3,000)
67,846
3,000
69,207
-
Unrestricted Funds
Restricted
Funds
£
220
-
220
962
-
962
(742)
-
(742)
975
233
Total
2024
£
22,068
-
22,068
24,449
-
24,449
(2,381)
-
(2,381)
71,821
69,440
Total
2023
£
General
Funds
£
21,848
-
21,848
20,486
-
20,486
1,362
-
1,362
67,846
69,207
31,610
-
31,610
14,509
9,425
23,935
7,676
-
7,676
64,145
71,821

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 2024

A
Cash funds
Cash at bank with immediate access
B
Other monetary assets
C
Liabilities
Falling due within one year:
Fee for Independent Examination
D
Assets retained for charity's own use
Equipment
General
Designated
funds
funds
£
£
69,207
-
69,207
-
-
-
720
-
720
-
Unrestricted Funds
Restricted
funds
£
233
233
-
-
-
Fund to
which asset
belongs
General
Total
2024
£
69,440
69,440
-
720
720
Value
2024
£
5,000
5,000
Total
2023
£
71,821
71,821
-
732
732
Value
2023
£
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 _____James Lee _____

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 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
Employment costs
Rent
PA and worship
Insurance
Ministry activities, support and equipment
Governance
Other costs
Unrestrict Designated
funds
£
-
-
3,000
-
-
-
-
3,000
ed Funds
Restricted
Funds
£
-
-
-
-
962
-
-
962
Total
2024
£
7,613
2,770
8,104
451
3,808
1,217
486
24,449
Total
2023
£
General
funds
£
7,613
2,770
5,104
451
2,845
1,217
486
20,486
6,277
2,480
853
440
2,885
1,001
573
14,509
3
Grants paid in relation to charitable activities undertaken by others
Organisations:
Lighthouse Community, Poland
Elyon Therapeutic Family Services
-
-
-
-
-
-
-
-
-
-
-
-
5,003
3,612
9,425

Transactions with related parties

No payments were made to trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.

5
Movement of funds
General funds
Designated funds
Worship fund
Restricted funds
Community tithe
Total funds
Opening
balance
£
67,846
3,000
70,846
975
975
71,821
Receipts
£
21,848
-
21,848
220
220
22,068
Payments
£
(20,486)
(3,000)
(23,486)
(962)
(962)
(24,449)
Transfers
£
-
-
-
-
-
-
Closing
balance
£
69,207
-
69,207
233
233
69,440

The designated Worship fund relates to a £3,000 grant received which was not restricted but which the trustees had designated for the purpose of worship. This was used in full this year.

The funds donated for the Community Tithe are to help people in the local community who are in need.

Page 8