## ||||||~ ~|| |---|---|---|---|---|---|---| ||||||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.|| ||||||~
Connection
includes coaching, conferences,
workshops,|| ||||||webinars
and calls.|| ||||||~
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.| |~
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.| ||The trustees lurther developed
plans to accelerate the growth ofthe| ||network and
an discussions
with
tential funders.| ||-| ||~
~ ~
~
~
~
~| ## ## ## ## ## ## ##