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| The charitable objects ofThe Network are to the advancement of |
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| religious belief for the public good, in particular by helping to create |
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| 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 |
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| may also engage in other activities to advance the Christian faith as |
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| agreed by the board from time to time. | ||||||
| In considering and evaluating the activities ofthe charity, the trustees |
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| have had regard to the guidance issued by the Charity Commission on |
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| public benefit. The charity seeks to deliver its charitable objects by |
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| providing coaching, community and content for like-minded church |
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| leaders from varying backgrounds. |
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| ~ Connection includes coaching, conferences, workshops, |
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| webinars and calls. |
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| ~ Community: we provide opportunities to build friendship and |
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| community with like-minded leaders through video calls and in- |
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| person at events for church leadership teams. |
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| Summary | ofthe main | ~ Our Content includes sharing best ideas and materials including access to an ever-growing library ofteaching material and assets, |
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| 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 |
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| 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 |
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| Commission | on public | churches toa trial year's membership with the network. |
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| 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 |
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| trustees support this level cfreserves as they look to expand the charity further in 2023. |
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| 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. |
| ~ the charity's principal sources offunds (induding any fundraising); ~ how expenditure has supported the key objectives ofthe chary; ~ 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. |
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| The trustees lurther developed plans to accelerate the growth ofthe |
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| network and an discussions with tential funders. |
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