OpenCharities

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2022-12-31-accounts

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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.
Summary
ofthe objects
charity set out in its
governing
document
ofthe The Network does this by establishing
a network offounder
partner
Christian
churches who are aligned around
this object, and a partner
network ofautonomous
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.
In considering
and evaluating
the activities ofthe charity, the trustees
have had regard to the guidance
issued
by the Charity Commission
on
public benefit.
The charity seeks to deliver its charitable objects by
providing
coaching, community
and content for like-minded
church
leaders from varying
backgrounds.
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Connection
includes coaching, conferences,
workshops,
webinars
and calls.
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Community:
we provide opportunities
to build friendship
and
community
with like-minded
leaders through
video calls and in-
person at events for church leadership
teams.
Summary ofthe main ~
Our Content includes
sharing
best ideas and materials
including
access to an ever-growing
library ofteaching
material and assets,
activities undertaken for the podcasts and training
materials
from both North Point Church
in
public benefit in relation to the USA and the member churches ofthe Further Faster Network.
these objects (include within
this section the statutory 2022 saw a gradual
return
to face-to-face meetings,
culminating
in a
declaration
had regard
issued by
that trustees
have
to the guidance
the Charity
successful conference
in Halesowen
in June 2022 attended
by over 300
delegates
from across the UK and Ireland.
The conference generated
significant
interest
in the charity, and we were pleased to welcome 10
Commission on public churches toa trial year's membership
with the network.
benefit)

Briefstatement ofthe
charity's policy on reserves
The charity has yet to adopt a formal reserves policy. The Trustees have
agreed that reserves should be adequate to meet the charity's
contractual
commitments
in the event ofitceasing iotrade.
At 31
December 2022the charity reported reserves ofalmostf64,000. The
trustees support this level cfreserves as they look to expand the charity
further
in 2023.
Details ofany funds materially
in deficit
Further financial review details (Optional information)
You may choose to indude
addifional
information,
where
relevant about:
The charity's receipts in the period weref87,044 and it made payments
off75,510,giving rise toa surplus off11,534. The surplus
in 2021 was
f15,359.
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the charity's
principal
sources offunds (induding
any fundraising);
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how expenditure
has
supported
the key objectives
ofthe chary;
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investment
policy and
objectives induding
any
Income growth was fuelled by trial partners
becoming
full partners
and
paying subsotptions
atthe full rate, and by the 10new trial partners
who
joined in 2022.
North Point Ministries
continued
their financial support,
albeit atareduced level as planned; they donated f12„777in 2022
(f16,040 in 2021). Income from founder churches continued at historical
levels.
Income from new partners isforecast to grow as new trial
partners join the network and existing trial parlners
commit to full
membership.
ethical investment
policy
adopted.
Expenditure
increased.
We increased the paid hours ofthe managing
director and confinued to buy in in professional
support to build and run
our on-line presence.
The trustees saw through
their commitment
to grow the charity
in 2022.
The June conference was a significant
planned cost in excess of
f16,000. 10churches subscribed foratrial period ofone year asa
result.
The trustees lurther developed
plans to accelerate the growth ofthe
network and
an discussions
with
tential funders.
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