TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2024 Victory Church Rugeley Charity Number 1183524 ## CONTENTS **CHARITY INFORMATION………………………………………………………………………………………… 3 TRUSTEES REPORT** Objectives and activities………………………………………………………………………………….. **4** Achievements and Performance……………………………………………………………………….. **5** Structure, Governance and Management…………………………………………………………… **6** Other Details…………………………………………………………………………………………………. **6 INDEPENDENT EXAMINER’S REPORT………………………………………………………………………. 7 FINANCIAL ACCOUNTS (SoFA)……………………………………………………………………………….. 8 DECLARATION……………………………………………………………………………………………………… 9** Annual Report 2 Victory Church Rugeley Charity Number 1183524 ## CHARITY INFORMATION Trustees Samuel Smith – Chair Gill Lakin – Treasurer Robert Mason – Secretary Michael Parkes – Trustee Governing Document CIO Association – Constitution Charity Registration Number 1183524 Company Registration Number CE017573 Registered Address Victory Church Rugeley 11 Anson Street Rugeley WS15 2BG Independent Examiner Stephen Barrett Bank Barclays Bank Annual Report Victory Church Rugeley Charity Number 1183524 ## TRUSTEES REPORT ## Objectives and Activities The advancement of Christian faith in accordance with the doctrines set out in the article of faith and worship of God in the county of Staffordshire and elsewhere by any means whatsoever, including (but not by way of limitation) the preaching and proclamation of the Gospel and the teaching of Christian doctrine and principles, and of pastoral care of Christian People and the printing and distribution of the Bible. The relief of persons who are in conditions of need or hardship by reason of their youth, age, illhealth, disability, financial or other disadvantage and to relieve the distress caused thereby in the county of Staffordshire and elsewhere as the trustees may from time to time see fit. The advancement of education in accordance with the doctrines of faith as set out in the articles of faith as the trustees may from time to time see fit. ## **Faith and Church Pastoral Programs** Regular Sunday corporate worship Teaching Series Men’s and Women’s Ministries Online services/support groups ## **Community Projects:** Hub Café Sensory Room Tiny Tots Group Uniform Bank Week of Wonder (Christmas gifts for underprivileged children) The Charity Commission guidance on public benefit has been taken into consideration by the trustees during the performance of their duties. Annual Report 4 Victory Church Rugeley Charity Number 1183524 ## Achievements and Performance This year, we have continued to see Victory Church Rugeley grow and reach our community. We have seen God’s blessing and favour throughout this year, particularly as we celebrated our 30[th] Anniversary in August of 2023 with Drs George and Hazel Hill, the founders of Victory Church Rugeley. We held our conference entitled “Built To Last” to commemorate this achievement, we also had the privilege of ordaining Samuel Smith as the Assistant Pastor at the church. It is a real joy to be able to recognise the gifts and talents that God has placed within him, and we know that this will be another step in the journey that God is calling him to. This year has also seen the increase of our international reach, firstly with having Pastors Andrew and Wendy fisher, long-time pastors of Victory Church in Spain, join us from Australia, along with Pastors Will and Barbara Graham, the founding pastors of Victory Church Rugeley, who joined us to celebrate our 30[th] anniversary in September. This was quickly followed by a team from our church going to visit our Victory Church in Poland, spending time ministering and sharing with them. This was also followed by an opportunity to visit our Victory Church in Spain, where we had the opportunity to celebrate with Pastors Pat and Duncan Tart as they celebrated their 18 years of service to the church and handed over the pastorship to Johnny and Helen Gallagher. Alongside this we continued with our regular meetings and events within the church, including our Sunday Services, mid-week bible studies, worship and prayer nights, membership courses and prayer and fasting events. We have also continued with our regular community groups, including weekly tiny tots’ sessions, a monthly drop-in law clinic, and social outings along with coach trips to Barmouth and York. We also held several events through the year which are designed to reach out into our community, things such as our Uniform Bank, Week of Wonder Christmas project, outdoor carol service and a Christingle service which we hosted this year in the town centre. We also saw more than 400 people attend our outdoor carol service. Throughout this year we have seen the church attendance increase in number, and it has been a joy to see people of different backgrounds and communities join us in the church and we know that God will continue to bring this increase in the coming years. Annual Report 5 Victory Church Rugeley Charity Number 1183524 ## Structure, Governance and Management VCR is a Charity Incorporated Organisation (CIO) governed by a constitution. The trustees are elected by the CIO members in accordance with the constitution; this would normally occur during the Annual General Meeting. The day-to-day running of the church is carried out by the Senior Pastor, and Pastoral Staff, who report to the trustees. ## Other Details Victory Church Rugeley is associated with Victory Churches International (VCI). VCI collects and holds funds for the use of VCI within the UK and Europe for use in those home countries and for international missions. The VCI Board has requested that these funds be held and managed by Victory Church Rugeley on their behalf and in accordance with their instructions for the use of the funds; these are included in the church’s accounts and listed under the relevant Restricted Funds. Annual Report Victory Church Rugeley Charity Number 1183524 INDEPENDENT EXAMINERS REPORT Victory Church Rugeley Charity Number 1183524 Indtpondfint ExamIn•r.,￿8p0rt I report io th9 Irusteos on my ex8mination of the accounts of Victory Church Rug81￿ I"Tha Trusi") for thè year endod 31 March 2024 89 sèt out in ihls document. R•¥ponslbllllles •nd ot r•port As the ch8rity's trustees, you are responsible for the prepar￿lon tsfthe 8ccount8 in 8ccordBn¢e with the requirements of the Charities Act 2011 I-the Act'l I repon in respect ot my ox8min8tion ot rhe Trust S 8ccountS C8rrle(J out under sectlon 145 of th8 2011 Act and in carrying our my examination. I have followed 8llthè applicable Dirèctions given bythe Charity Commission under seetion 14515llbl of ihe Act. Ind¢pandani exomln8r'• statement. I have completed my examin8tion. I confirm that no materi81 matters have eom8 to my attention in connection wilh the examlnation which gwes me causo to beli8ve ihgt in. 8ny maierièl respect.. the a¢countin8 records ￿r8 not kept in accordAn¢e with section 130 otthe Ch8riiies Aci- or the accounts did not accofd with the accovnttng records.. or Ihe 8ccounts did not complywirh the applic8ble requirements ¢onceining the foim and content ol accounts Ber otst in th8 Charities (Accounts and Reponsl Regu18tions 2008 other than any requiremeni thai the 8c¢ounts gwe a'true 8nd fair. view whi¢h 13 not m8tt8r ¢onsid8red as part of an independent examination. I have no concerns and have come across no other matter$ in Connection with the examination to which 8neniion should bè drawn in this report in orderto en8ble o propel understanding of the accounts to be reached. N8me: Stephen Barrett Signature Date.. 2413125 Prolèssional Bo(ty.' Chartered In8tiiute of M8n8gèmentAceount8nts IACMAI Addre8s.' 11, Clements Avènue. Aiherton. Greater Manchèster. M46 OPT S. kT.,k¢ Annual Report Victory Church Rugeley Charity Number 1183524 Statement of Financial Activitie8 Prepdrgd lUrv￿t￿￿cI1U￿RW￿Y." t141￿￿ tu31￿￿241¢￿1Q￿rfyfft￿ 114rlot2tr)S1r￿m￿J). ToL*l D￿at￿n$ and Legaaes Chatrtable AGbvrtie5 er Tradir¥J ALlivitRs Invest￿￿nts 31.673.86 3.812.99 24.064.14 51.40 8.321.05 39,994.91 2,832.99 24.064.14 51.40 Total incorm and •ndowm•nts 59,602.39 8,341.05 67.943.44 67,616.04 Raising Funds Chariiable Ath¥ft￿s 7.779.31 59.009.17 7.779.31 78,209.94 19.2(Q 77 Total •xwndilur• 66,788.48 19,200.77 85.989.25 79,820.09 Nel irwmellexpenditurel before investment gwn51llossesl Netgan51110ssesl on investrnpnls Net Incomellexpendrturel F￿raOrdinary rtems Tran51w5 between funds -7.186.09 -10.859.72 -18,045.81 -12.204.05 -7.186.09 -10.859.72 -18.045.81 .12.204.05 Gansllossesl on revaluaiion of fiKed assèts for tharity's own usè Ott)er gain$llossesl 477.34 477.34 N•t mov•rMnt in fund8 -7.663.43 .10.859.72 -18.523.15 -f2,424.93 Toi81 Ants brixjohlffonvard 4.095.46 22.845.40 26.940.86 39.365.79 T•tal fund8 lorwi ￿￿$7.97 11.986.60 9.417.71 26.940.86 IfyAw.W2$ 127)2 Annual Report Victory Church Rugeley Charity Number 1183524 VS¢tory Church Rugèltry Charity Commission for Engla[￿ and Wal•¥. No. 1183524 Balance Sh88t- Detail A6 al Mar#h 31, 2024 C￿lAS￿5 Oeblors 2MIB Cash Al Bank￿ In NDI ABF•l* 8A18 11. untest￿￿dOe5ljTrthd F￿ts UnT8strtledf*￿ral FUM& Funds Provhlod 8NI8 IW-3Yi5 12XV2 Annual Report Victory Church Rugeley Charity Number 1183524 Approved by the Trustees of Victory Church Rugeley Name: Michael Parkes Position: Trustee Signature: Date: 31[th] March 2025 Annual Report 10