CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Indepe17dent Examiiier s Report Reporttothe trusteosl On oG¢owts forth• year Ch•r*y no (if any) 11￿78 CC16a fewi (al paofrs) (*wity CKY) for erthd 3111212023. undef 145 of the 2011 Acl in Carrying out my exaryination, I sectson 1445Xb) dlhe Independent 0xamine￿# #latthMnt ts)￿10 riiy allèrth in VAth the ex*nifi*i¢)n Oikps Inè tMArtor 28 Octrter 2024 Magd4errd ofATS A(yx￿[￿ir¥J & Tax SclutThts Ltd Relevant proftssiortal qualIfi&￿10n1S} or b lff •ny): Imembethp number 2383366) RG40 4PA IER Octobor 2018 ReGeipts and payments accounts To CC16a Section A Receipts and payments fv•d¥ Total A1R X2 3&7Y 51,451 2& 12,176 Xll5 3.121 tsTa￿ If￿LIT 173 195 s￿$0￿1(Gro$s1nCV￿￿ fiprAR) X5.334 87.041 A3 72Y4 14T 51• IJT i* 74510 OIAn 11.534 A•h fvnd5 W07 f52.339 52.333 Section B Statement of assets and liabilities at the end of Ihe period Caiegofies DetatLs 81 Cashfityk 152￿• C￿x Rl ￿E￿u￿1#15s) 031f012024 Receipts and pa￿nts accounts CC1f Shan￿ byon•up*) Dusteeson bthaWo*altre bwlees 21 QLk 14 03110r2024 Trustees. Annual Report for the period l.lop.ltt Year oi To 31 Section A Reference and administration details Reglsiered charlty number frfany) 1186278 Charws principal address IP14 5HP Offi¢• frfaw) N•p• of bo(ty) •rtitlod James Gallagt*r Leon Evans Chair Christopher Porter Christopher SIM￿(lns Stephen FennirvJ Lane Jones Jonathan Corcoran AptK¥nted 17 May 2023 10 12 13 14 15 16 17 18 19 20 Names of th• Irusttss for th• eharity. rf any. (for 8￿MpIo. any custodlan trusto88) Name TAR M?￿h 2012 of adviser Nar Name of chtef executlve or names of senlor staff m•mkn (Optlonal informknn) Duncan Banks. Managiw Dtr Section B Structure, overnance and mana ement Descrlption of the charitys trusts Type of g￿emily￿ documwrt How the charity is C(X￿ltuIed Additional governance Issues (Opllonal Info[n￿> Further Faster Neiwork is a tharitable incorFxyth ￿nisatIon first registorwl in November 2019. Its trust￿ and other volunteers are involved in the da￿t{￿daY running of the ￿JanIsatIon. The organisation employs a dire£1￿ to take resF¥)nsibilty for day-t04Jay activities of th You may chooso to indude additional informatton. where relevant, abLKtr. pollcies and procedures adopted for the induction and trainiNJ of trustees: the chaiity's organisational structure and any WKler network with which the charity The (*arity is I￿r￿nt Fkwever. it acknowledges is grateful for the suprxxt of North Point Churth in Allanta. {￿orgia. North Point provides c(mtent that we make available within the netrwork and provides rkgncial supwl. Lane Jones from North Point serves as a trustee of the charity. relatlonship with any relaled trustees, o)nsideration of major risks and the sjstem and procedures to manage tham. TAR 2012 Section C Ob'ectives and activities The tharitable ol4.ects of The Ne1W￿ are to the advancement of religious belief for the public good. in parbcular by helping to create thurches in every (xxnmunity Ihat unchurched peDple love to be part of. The NeI￿)rk does this by establishiThJ a netwoth of founder partner Christian thurches vtho are aligned around this object, and a partner Summary ofthe objects ofthe charlty set out In Its governing doGumenl unchurched Feople and helpiry each other go further faster. The CIO may also engage in other activits￿ to advance the Christian faith as agreed by Ihe tThtd from tirjje to time. In considering and evaluatirKJ the adivities of tharity, the trustees have had regard to the gubjance issued by the Charity Commission on public benefft. The dwrity seeks to deliver Fts tharitable objects by tffovidirKJ cJ)aching. fx)mmunity and conknt for like-minded church Connection incFth LX)athing. ￿x￿erenCe$. workshops, webinars and calls. Communlty: we prowts (yportimilies to buikl friendship and (xxnmunity with tike-M1nd￿ leaders through video calls and in- FErson at events for churth leadeJship teams. Our Content indudes sharirKJ best Kleas and materials induding acc￿ to an ever-growing library of teaching material and assets, FxKI(xsts and tratntng materials from t￿th Point Church in the USA 8rMI the fi￿mt￿ thurd•es of the Further Faster NetWOTk. Summary of the maln actlvltles undertaken for the publie benefit in relatlon to these objects (include within thi5 seGtion the statutory declaration that trustees have had regard to the guidance Issued by the Charity Commission on public benefft) Addltlonal detalls of oblectlves and actmkn {Opllrywl Inforn￿On) TAR 2012 The (tharity is grateful to its trustees and other volunteers for their tireless efforts to establish arKJ gr(hv ts charity in fulfilment of its objectives. The active e￿agefflent of the trustees in the daY-t￿daY operation of the (*wity is part of its healthy ethos. You may choose to indude further statements. where rolovanL about. policy on grantmaklng; policy prc•Jramme related investrnwtr. Ix)ntribution made by volunteers. TAR 2012 Section D Achievements and perrormance Summary ofthe main achievements of the charity during the year 2023 was a year of conh'nued re-building of momenlum following the pandemio A further 10 Church￿ were added to Ihe Nefv￿rk. brin9ing the total lo 25 thurc*￿S. This is ahead of the growth tsrget in the Net%th growth was alre￿ty slretching ts employed staff - our managing direGtor- and the bme cxmnmittnent that tfUStees can reasonably make voSuntsrity. Consequently, the trustees strengthened Ihe staff team with severdl part-time app)intrnents covering growth. cmiThrLtirKJ. fflinshy area SUPFXrt and ajministration. USD 60.LKX)lJtar for 3 years frr*n the Irresistible Churrnitsnents in the event of it ceasiro to trade. estimated as 3 months, ncymal runnry costs. At 31 De￿mber 2023 the charity repjtsd reserves of over £150,[￿. 3 months. running costs in 2023 amunted to alx)ut £30.IXK). The trustees sutwt this level of re&eNes as they kx)k to grow the ctsrity further in 2024. Brief statement of the ¢harfty's policy on res•Nes Detsils of any funds materlalty In deficit You may choose to indude addrtional infomiation. where relevant atout: the chaiity's principal sources of funds (indudir any fundraising); how expenditu￿ has Supported the key Ob￿tsVes of the charity" investment policy and objectives induding any athir￿1 investment policy adopted. The ¢*ari￿s receipts in ts WICKI were £205.334 aid it made payments of £116.862. givwo iise to a wlus of £88.472. The surplus in 2022 was £11.534. gruwth was fvelled by additional funding from North Poitrt MinislTies (USD 60.0(N)lyear for 3 years) to accelerate the growth of Network. and a £50,000 On￿)ff (*Jwtion from the Exodun Trust. SubstsiptiLYts from member grew from £64.479 in 2022 to £70,009 in ￿23, as the number of memLEr ChUrd￿ grew during the The Neiwoth aso received d(¥￿1￿ of 23.910 from 3 thurthes in North Ameri(% wishing to pikA partnering with chur(*es in the UK and Ireland - the Beta Test Pr(¥ecL These th)nations were to the Netsvork with a request tr￿1 the Trustees use the funds to support Ihe growth of 3 member churthes (Lighthouse in DuL4in. Andover CA)mmunity Church and Ltfecentral Church in Halescwen. Approximatety £7.000 was spent in 2023 trj travel (xjsts for deEegates from these churches attending conferen¢xs and neknrking events in North Ameri￿. The rematfKler is expected to be spent in 2024. itijre increased from £75.510 in 2022 to £116,862 in 2023. Whilst the cost for events y￿5 lower in 2023 {the Netwo￿ held smaller regional events rather ttHn a SifKJle intemab.onal ts)nferen￿}, staff t))sts (contrdikn. salaries arKI associ￿ travd and subsistence) increased Average full time ￿1val￿t slaff members grew from 1.0 FTE in 2022 to 2.1 in 2023. Section F Other optional information TAR 2012 TAR Marth 2012 Section G Declaration The trustees declare that they have approved the tn￿tees, report above. Signed on behalf of the charity's trustees Signature(s) Full nam￿3) Position (eg Secretary. Chalr, etc) Gallagher Neil Sefjeant Octd)er 2024 TAR March 2012