||0
a|||||||4|Q|||Q 4|r||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Description ofthe charity's trusts|||||||||||||||| ||Type ofgoverning
document|Constitution|||||||||||||| ||How the charity is constituted|Charitable||Incorporated||||Organisation|||||||| ||Trustee selection methods|Appointed||by the Trustees|||||||||||| |Additional
governance
issues||(Optional|information)||||||||||||| |You may choose to Include
additional
information,
where
relevant,
about:||Further Faster Network
is a new charity.
Its trustees are involved
in the
day-to-day
running
ofthe organsation.
The trustees employed a part-time
manager
from August 2020 to assist them.
The trustees
have also paid
for professional
services to help them establish
and grow the organisation.|||||||||||||| |~|policies and procedures||||||||||||||| ||adopted for the induction
and||||||||||||||| ||training
oftrustees;||||||||||||||| |~|the charity's
organisational||||||||||||||| ||structure
and any wider||||||||||||||| ||network
with which the charity||||||||||||||| ||works;||||||||||||||| |~|relationship
with any related||||||||||||||| ||parties;||||||||||||||| |~|trustees'
consideration
of||||||||||||||| ||major risks and the system||||||||||||||| ||and procedures
to manage||||||||||||||| ||them.||||||||||||||| |||~ ~|||r||~|~|||||||| ||||||The charitable
objects ofThe Network
are to the advancement
of religious| |---|---|---|---|---|---| ||||||belief for the public good, in particular
by helping to create churches
in| ||||||every community
that unchurched
people love to be part of, The Network| |Summary|ofthe objects|||ofthe|will do this by establishing
a network offounder
partner
Christian
churches| |charity set||out in its|||who are aligned around
this object, and a partner
network ofautonomous| |governing|document||||Christian
churches focused on reaching
unchurched
people and helping| ||||||each other go further faster.
The CIO may also engage
in other activities to| ||||||advance the Christian
faith as agreed by the board from time to time.| ||||||The Network
was begun
in early 2019. A group of UK and Irish churches| ||||||had become enthusiastic
about the model of church practiced by North| ||||||Point Community
Church
in Atlanta,
Georgia, The leaders ofthese 5| ||||||churches,
all ofwhich
had already adopted
many ofthe principles| ||||||endorsed
by North
Point, approached
North
Point with a view to both| ||||||better implementing
North Point's principles
in their own churches
and| ||||||helping
other churches
in the UK and Ireland to understand
and adopt the| ||||||model
in a manner
appropriate
to the culture prevalent
in their countries.| ||||||North Point committed
significant
resource to help the Network become| ||||||established,
including
funding,
intellectual
property
and input from their| ||||||staff.
Each ofthe founding
UK and irish churches also committed| ||||||leadership
time and money to the Network| ||||||From the outset the leaders ofthe churches wanted
the Network to be an| ||||||independent
charity and began the process of registering
as a Charitable| ||||||Incorporated
Organisation
(CIO). The CIO was registered
by the Charity| ||||||Commission
on 11 November 2019.| ||||||Building on a highly successful
conference
in 2019attended
by over 150| ||||||church
leaders, about 12 churches expressed
an interest
in becoming
part| ||||||ofthe Network.
At the same time, the Network
clarified
its offering as| |Summary
ofthe main
activities undertaken|||for|the|coaching,
community
and content.
Coaching| |public benefit in relation to
these objects {Include within|||||Lead Pastor Coaching: One-to-one
and peer-based
group coaching
calls designed
to help you with your specific church
leadership| |this section||the statutory|||needs.| |declaration||that trustees||have|| |had regard||tothe guidance|||Staff &Volunteer
Coaching: personalised
peer based group calls| |issued by|the Charity||||for staff 8 volunteers
in the essential
ministry
areas ofyour church.| |Commission||on public|||{Kids, Youth, Groups,
Programming,
Guest Services)| |benefit)|||||| ||||||Regular Touch-points:
Conferences,
workshops,
webinars
and| ||||||video calls that connect you to a network of like minded
church| ||||||leaders who do your job in other churches. We learn better| ||||||together.| ||||||Community| ||||||Community:
You get regular opportunities
to build friendship
and| ||||||community
with like-minded
leaders via video calls and in-person| ||||||at events for your entire church
leadership
teams.| ||||||Regular Touch-points:
Get access to regular group calls with a| ||||||small group ofother leaders who have the same vision oftheir| ||||||church that you do for yours,| ||||||Resources: The chance to share best ideas and materials
that have| ||||||worked
in your church
with others. Access to an ever-growing| ||||||library of podcasts and training
materials
from both North Point and| ||||||the Further
Faster Network.| Section D Achievements and performance arth 2012 TAR |~ I|a
a
a
e e a|~| |---|---|---| |Summary
ofthe main
achievements
ofthe charity
during the year|Despite the restrictions
and being
churches
signed
up for a trial year
September 2020. This more than
UK and Ireland who are members|unable to hold a conference
in 2020, 6
membership
ofthe Network
in
doubled
the number ofchurches
in the
ofthe Network,| |||||||||The charity has yet to adopt a formal reserves
policy. The Trustees have| |---|---|---|---|---|---|---|---|---| |Brief statement||||ofthe||||agreed that reserves should be adequate
to meet the charity's| |charity's
policy||||on|reserves|||contractual
commitments
in the event of it ceasing to trade.| |Details ofany|||funds|||materially||| |in|deficit|||||||| |Further financial||||review details||||(Optional
information)| |You may choose to include
additional
information,
where||||||||The attached accounts are the first for the CIO and cover the period from
incorporation
on 11 November 2019to 31 December 2020,| |relevant about:
~
the charity's
principal
sources offunds
(including||||||||On incorporation,
515,404 was transferred
to the CiO from The Forge
Community
Church ("The Forge"). The Forge had collected income and
made disbursements
on behalf ofthe Network
prior to incorporation,
The| ||any fundraising);|||||||Charity Commission
has confirmed
that it has no requirement
for accounts| |~|how expenditure||||has|||to be submitted
for the period prior to incorporation
since the charity was| ||supported|the||key||objectives||not registered
prior to incorporation.| ||ofthe charity;|||||||| |~|investment
policy and
objectives including
any
ethical investment
policy
adopted.|||||||The charity received income
in the period off57,521 and incurred
expenditure
off35,951,giving rise to a surplus of$21,570.
Income was from founder
member churches - f37,057 (64%) - from new
members
beginning
a trial year in September 2020 - Z4,660 (8%)—and
from North
Point Ministries
in the USA - K15,803 (28%). North Point| |||||||||Ministries
has committed
to support the Network
for a further 3 years| |||||||||beyond 2020; the amount ofsupport
will reduce year on year as the| |||||||||Network
has opportunity
to increase
its financial
independence.
Income| |||||||||from founder churches
is expected broadly to continue at the level| |||||||||reported.
Income from new partners
is forecast to grow, partly because the| |||||||||2020 income reflects only part ofthe year (trial partners joined
in| |||||||||September 2020) and because the trial partnership
is offered at a significant| |||||||||discount to the normal
membership
subscription,| |||||||||~Ex enditure
was curtailed
by the pandemic.
International
travel and in-
person events were cancelled,
Almost 85%ofexpenditure
(f30,531) was| |||||||||incurred
on fees, salaries and pension
contributions
to provide the trustees| |||||||||with dedicated
support
in promoting
the Network
and running
the| |||||||||coaching and connection
events,
mostly online.| |||||||||Looking ahead, the trustees are optimistic
that most,
if not all, the current
trial partners
will continue to full membership
ofthe Network.
The
Network
is a very new organisation
and the trustees recognise that further| |||||||||rapid growth
without
consolidating
the Network could prove
unsustainable.
They plan, therefore, to focus in 2021 on maximising
the| |||||||||benefit of membership
to all member
churches,
addressing
the issues
presented
by pandemic
restrictions
and recovery thereafter.
Mindful
that
the income from North
Point Ministries
wili reduce over the next 3 years,| |||||||||Trustees are planning
to grow the subscription
base and are exploring
grant| |||||||||funding
within
the UK and Ireland,| |||||||||~
0 ~
~
~
~
I| |TAR||||||||| and accounts CC16• Y¢