Registered Charity no. 1187165
Redeemer Church Chester-Le-Street
Trustees Annual Report and Accounts
Year Ended 31st December 2022
CHURCH LOGO OPTIONAL DRAFT
Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Contents Page
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Trustee's Annual Report | 2 |
| Independent Examiners Report | 6 |
| Statement of Financial Activities | 7 |
| Statement of Financial Position | 8 |
| Notes to the Financial Statements | 9 |
Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Legal and Administrative Information
Reference
The Charity is called “Redeemer Church Chester-Le-Street” and is registered with the Charity Commission for England and Wales. Redeemer Church Chester-Le-Street is a Charitable Incorporated Organisation (CIO) incorporated on the 31st December 2019.
Registered Charity Number 1187165 Registered Office 13 Runnymede Great Lumley Chester Le Street DH3 4LN Date of Incorporation 31st December 2019 Church Website www.redeemercls.com
The Trustee's
The trustee's who have served during the financial year until the date this report was approved are:
Nigel James Tree Appointed 31/12/2019 Chair (Resigned 10/01/2023) Andrew William Oxley Appointed 31/12/2019 Treasurer Susannah Mary Hart Appointed 31/12/2019 Secretary Alastair David Scott Appointed 31/12/2019 Matthew Robert Cray Appointed 31/12/2019 Dr John David Nicholls Appointed 31/12/2019 Howard Andrew Bray Appointed 27/03/2023 Church Elders Matthew Cray Alastair Scott (Lead Elder) Nathan Caughey Primary Bankers The Co-Operative Bank P O Box 250 Skelmersdale WN8 6WT Independent Examiner Nigel Wyatt BSC FCA Wyatt & Co Chartered Accountants 125 Main Street Garforth Leeds LS25 1AF
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Trustee's Annual Report
Principal Objects
The principal objects of the charity are as follows:
Provision of worship, prayer and teaching services.
Encouraging and supporting individuals within the church and in the wider community.
Provision of services for children and young people.
Supporting through giving financial gifts to individuals and organisations that fulfil the charity’s vision and values.
Achievements and Performance
The vision of the church is ‘Revelling in Jesus, Restoring Lives, Reviving Communities’.
We have provided worship, prayer and teaching services on Sunday mornings at Park View School. Our normal attendance is around 50-60 adults and 25-30 children.
In July we successfully moved Sunday meeting venues at short notice from one site of Park View School to another, due to a change of circumstances in the school. We have started to establish relationship with the local community around this new venue, through delivering gift bags to houses and carol singing in the streets.
We have welcomed some new regular attenders to the church.
We continue to have an online presence, with many of our meetings still able to be accessed online, including our Sunday sermons (on Facebook and YouTube) and our midweek community groups (on Zoom), allowing those who are unable to attend these meetings (such as those working shifts or the elderly/single parents who can’t come out in the evening) to still benefit.
We initiated a number of new evening events during the year to provide more opportunities for people to encounter God. These included ‘Encounter’ worship evenings every 6 weeks and some ‘Revival Fire’ prayer gatherings to pray for the town we are situated in towards the end of the year. Additionally, over three Wednesdays in January and February we ran an evangelistic introduction to the Christian faith called ‘Hope Explored’, where we ate together, watched a video talk and discussed people’s views on what they had seen. This enabled us to meet a number of new people from the community.
Our midweek community groups (between 8 and 16 in each) have provided a lifeline to some of the most vulnerable or isolated members of our community. These groups provide pastoral support, bible study, prayer and opportunities for church participants to serve by taking responsibilities for roles in these groups.
We continue to have a fortnightly intercessory prayer group and a weekly early morning prayer group, both meeting online. We have also started a second midweek online prayer meeting during a lunchtime so that people can access it during their work day.
We ran a pilot of the Kintsugi Hope Wellbeing Groups, which provide a safe and supportive space for the people who feel overwhelmed by life, providing tools to help them manage. We are looking to run this course out in the community in the future, as a resource to help those who are struggling.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Trustee's Annual Report
We employed three people to further the work of the charity: an eldership team leader (full-time), a pastoral support worker (part-time), and a church administrator (part-time). This third role was a new appointment in April of this year, having successfully recruited someone very well suited to the role from within the church. She has proved to be a fantastic asset to the staff team throughout the course of 2022, enabling us to make things within the church run much more smoothly.
We successfully advertised for and recruited a part-time youth and part-time children’s pastor, who are due to start in 2023. They are coming from overseas and so we need to be able to sponsor them to get the appropriate visa. Consequently, we worked towards getting a visa sponsorship licence during the latter part of 2022.
We appointed seven people in the church to serve as deacons, leading in various key areas of the life of the church. Delegated leadership like this is key to ensuring we are sustainable as we grow.
In order to implement better systems and communications across the church, in the summer we adopted some online software called ChurchSuite. The church congregation were successfully taken through the process of signing up to this new software and learning how to use it.
We continue to relate with and support our wider family of churches called Regions Beyond. We have done this both through regular and one-off gifts to support the work of churches we relate to around the world, and through prayer. We also gave into an appeal to support the work among Ukrainian refugees. Our eldership team leader has been able to support the wider family of churches by helping to run and teach on its Leadership School, leading the northern group of churches in the UK, and helping to lead a next generation global forum meeting monthly on Zoom.
We supported through giving financial gifts to individuals and the following organisations: Heartwood Skills (Chester-Le-Street) (CIC 11582152); Regions Beyond (UK) (Charity number 1152827); Spirit of Africa (Charity number 1141351); Universities and Colleges Christian Fellowship (UCCF) (Charity number 306137).
Public Benefit Statement
In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of the Christian faith through the provision of worship and teaching services and the relief of sickness, financial hardship and promoting good health. This has been achieved by the provision of funds, and services.
To advance the Christian faith principally in Chester le Street but also in such other parts of the United Kingdom or the world as the charity trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the CIO.
To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Trustee's Annual Report
Governance Structure
Redeemer Church Chester-Le-Street is a Charitable Incorporated Organisation. The governance of the Charity is overseen by the trustee's of which there must be a minimum of five members on the board at one time per the constitution. The day to day running of the organisation is delegated to the Elders and Church Leadership team.
Trustee's meetings are held regularly throughout the year to give oversight and direction to the Charity.
Under the requirements of the constitution, in addition to the statutory powers of
appointment, a new Trustee may be appointed by a resolution of the Trustees passed by a majority of the Trustees.
Reserves Policy
In line with good practise for charities, it is prudent to keep financial reserves to cover three months of operational costs. This is to ensure continuation of the charity if income to the charity should markedly reduce. Due to the low risk set up of church operations and the unlikelihood of income suddenly reducing greater than 50%, the reserves are now set at £20K. This is deemed to be sufficient to meet ongoing commitments (that cannot be quickly reduced) for a minimum of 3 months. The staffing bill for three months at the end of 2023 is projected to be £19.5K.
Although £20K is the minimum reserves prudent, bank balances above this amount may be allocated as saving for future predicted expenditure which would not be met by current regular income received.
-
For any money held by the charity above the reserves allocation, the Elders have responsibility for deciding how money is allocated / spent / gifted, and they can make these decisions without having to refer to the Trustees
-
The treasurer reports to Trustees after each month end how much money is in the bank above the reserves amount and any special funds (if any are decided to be created by the Elders).
-
The church partners are only asked for extra gifts if there is a specific cause that the Elders would like to support which can’t be met from the excess held above the reserves amount
-
If the Elders would like to spend money that would reduce the reserves amount held, then the Trustees should be consulted and be in agreement with such expenditure.
Financial Review
The activities of the Charity for the year ending 31st of December 2022 resulted in an income of £90,225 and expenditure of £82,867 leading to a surplus of £7,388.
At the year end the unrestricted funds held by the church were £44,791.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Trustee's Annual Report
Going Concern
The Trustee's are satisfied that the Charity is a going concern and do not know of any uncertainties regarding the organisations ability to continue operating as a going concern.
Approved by the Trustees of Redeemer Church Chester-Le-Street
Name of Trustee: Signed on behalf of the Trustees:
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Date of Approval:
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Andrew William Oxley
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25/08/2023
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Independent Examiners Report
I report to the trustees on my examination of the financial statements of Redeemer Church Chester-LeStreet ('the charity') for the year ended 31 December 2022.
Responsibilities and Basis of Report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
30/08/2023
Nigel Wyatt BSC FCA Date: Independent Examiner 125 Main Street Garforth Leeds LS25 1AF
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Statement of Financial Activities
| Statement of Financial Activities | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| Note | £ | £ | £ | £ | |
| Income | |||||
| Donations and legacies | 89,791 | 438 | 90,229 | 101,084 | |
| Charitable activities | - | - | - | 1,885 | |
| Other income | 26 | - | 26 | 429 | |
| ────────── | ────────── | ────────── | ────────── | ||
| Total Income | 2 | 89,817 | 438 | 90,255 | 103,397 |
| ────────── | ────────── | ────────── | ────────── | ||
| Expenditure | |||||
| Charitable activities | 3 | 82,429 | 438 | 82,867 | 98,602 |
| ────────── | ────────── | ────────── | ────────── | ||
| Total Expenditure | 82,429 | 438 | 82,867 | 98,602 | |
| ────────── | ────────── | ────────── | ────────── | ||
| ────────── | ────────── | ────────── | ────────── | ||
| Net Income / (Expenditure) | 7,388 | - | 7,388 | 4,796 | |
| ────────── | ────────── | ────────── | ────────── | ||
| Net Income and Net Movement in Funds | |||||
| Total funds brought forward | 10 | 37,403 | - | 37,403 | 32,608 |
| Transfers | 10 | - | - | - | - |
| ────────── | ────────── | ────────── | ────────── | ||
| Total Funds Carried Forward | 10 | 44,791 | - | 44,791 | 37,403 |
| ────────── | ────────── | ────────── | ────────── |
All income and expenditure derive from continuing activities.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Statement of Financial Position
| Statement of Financial Position | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Note | £ | £ | |
| Fixed Assets | |||
| Tangible fixed assets | 7 | 1,198 | 1,438 |
| ────────── | ────────── | ||
| 1,198 | 1,438 | ||
| ────────── | ────────── | ||
| Current Assets | |||
| Debtors | 8 | 5,887 | 4,077 |
| Cash at bank and in hand | 39,839 | 33,459 | |
| ────────── | ────────── | ||
| 45,726 | 37,536 | ||
| ────────── | ────────── | ||
| Creditors: amounts falling due within one year | 9 | 2,133 | 1,571 |
| ────────── | ────────── | ||
| Net Current Assets | 43,593 | 35,965 | |
| ────────── | ────────── | ||
| Total Assets less Current Liabilities | 44,791 | 37,403 | |
| ────────── | ────────── | ||
| Net assets | 11 | 44,791 | 37,403 |
| ────────── | ────────── | ||
| Funds of the Charity | |||
| Unrestricted funds | 10 | 44,791 | 37,403 |
| Restricted funds | - | - | |
| ────────── | ────────── | ||
| Total Charity Funds | 44,791 | 37,403 | |
| ────────── | ────────── |
Trustee Responsibilities
These financial statements were approved by the board of trustees and authorised for issue :
Andrew William Oxley
Name of Trustee:
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Signed on behalf of the Trustees:
Date of Approval:
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25/08/2023
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Notes to the Financial Statements
1 Accounting Policies
Basis of Preparation
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities Financial Reporting Standards applicable in the UK and Republic of Ireland (Charities SORP 2019 FRS 102) and the Charities Act 2011.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
Fund Accounting
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
Incoming Resources
All incoming resources are recognised once the charity has entitlement to the resources, it is probable that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability.
• All voluntary income from supporters are recognised as donations and are included in full, with associated Gift Aid receivable in the Statement of Financial Activities.
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Grants where entitlement is not conditional on the delivery of specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.
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Income resources from charitable trading activities such as the letting of the building are accounted for when invoices are drawn up (as the point of entitlement).
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Donated services and facilities are included at the value to the charity where this can be quantified and the donation is material to the accounts.
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Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
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Volunteer time, the value of voluntary support for the work of the charity is not included in the accounts but is described in the accounts.
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Investment income is included in the accounts when receivable.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Notes to the Financial Statements
Resources Expended
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Tangible Fixed Assets
All assets costing more than £500 are capitalised and at historic cost. Fixed assets are stated at cost less accumulated depreciation. Depreciation is charged on furniture and equipment which is written off on a straight-line basis over time, estimated useful life of the asset.
Pensions
The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.
Operating Leases
Rental charges payable under operating leases are charged on a straight-line basis over the terms of the lease.
Taxation
The charity is exempt from tax on its charitable activities.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Notes to the Financial Statements
| **2 ** | Analysis of Income | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Donations and Legacies | ||||
| Donations | 72,898 | 350 | 73,248 | |
| Gift aid | 16,893 | 88 | 16,981 | |
| ────────── | ────────── | ────────── | ||
| 89,791 | 438 | 90,229 | ||
| Charitable Activities | ||||
| Church weekend away | - | - | - | |
| Youth weekend away | - | - | - | |
| ────────── | ────────── | ────────── | ||
| - | - | - | ||
| Investment Income | ||||
| Bank interest | 26 | - | 26 | |
| ────────── | ────────── | ────────── | ||
| 26 | - | 26 | ||
| ────────── | ────────── | ────────── | ||
| Total Income | 89,817 | 438 | 90,255 | |
| ────────── | ────────── | ────────── | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| Donations and Legacies | ||||
| Donations | 77,834 | 5,355 | 83,189 | |
| Gift aid | 16,571 | 1,324 | 17,895 | |
| ────────── | ────────── | ────────── | ||
| 94,405 | 6,679 | 101,084 | ||
| Charitable Activities | ||||
| Church weekend away | 1,495 | - | 1,495 | |
| Youth weekend away | 390 | - | 390 | |
| ────────── | ────────── | ────────── | ||
| 1,885 | - | 1,885 | ||
| Investment Income | ||||
| Bank interest | 6 | - | 6 | |
| ────────── | ────────── | ────────── | ||
| 6 | - | 6 | ||
| Other Income | ||||
| Expenses reimbursed | 423 | - | 423 | |
| ────────── | ────────── | ────────── | ||
| 423 | - | 423 | ||
| ────────── | ────────── | ────────── | ||
| Total Income | 96,719 | 6,679 | 103,397 | |
| ────────── | ────────── | ────────── |
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Notes to the Financial Statements
3 Expenditure on Charitable Activities by Expenditure Type
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Administration and communication | 4,157 | - | 4,157 |
| Building and premises | 8,560 | - | 8,560 |
| Church weekend away | - | - | - |
| Equipment | 1,720 | - | 1,720 |
| Event costs | 389 | - | 389 |
| Gifts and grants | 16,565 | 438 | 17,003 |
| Ministry costs | 4,532 | - | 4,532 |
| Professional, legal and governance costs | - | - | - |
| Staff salary costs | 43,553 | - | 43,553 |
| Staff related costs | 2,953 | - | 2,953 |
| Youth weekend away | - | - | - |
| ────────── | ────────── | ────────── | |
| 82,429 | 438 | 82,867 | |
| ────────── | ────────── | ────────── | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Administration and communication | 2,742 | - | 2,742 |
| Building and premises | 4,466 | - | 4,466 |
| Church weekend away | 2,455 | - | 2,455 |
| Equipment | - | - | - |
| Event costs | - | - | - |
| Gifts and grants | 31,871 | 6,676 | 38,547 |
| Ministry costs | 3,349 | - | 3,349 |
| Professional, legal and governance costs | 910 | - | 910 |
| Staff salary costs | 44,164 | - | 44,164 |
| Staff related costs | 1,208 | - | 1,208 |
| Youth weekend away | 761 | - | 761 |
| ────────── | ────────── | ────────── | |
| 91,925 | 6,676 | 98,602 | |
| ────────── | ────────── | ────────── |
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Notes to the Financial Statements
Donations from the church have been made to the following organisations during the year:
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Regions Beyond | 5,238 | 4,800 |
| Refuse Café | - | 2,400 |
| Jubilee Church Hull | - | 2,500 |
| Spirit of Africa | 200 | 2,000 |
| Heartwood Skills | 3,585 | 7,500 |
| Supporting foreign churches | 5,000 | 14,286 |
| UCCF | 1,500 | 3,000 |
| Catalyst Network Ukraine | 500 | - |
| ────────── | ────────── | |
| 15,523 | 36,486 | |
| ────────── | ────────── |
4 Volunteers
The church benefits greatly from the voluntary contributions of time and money by its regular attendees. Please refer to the trustee's report for further detail about volunteer contributions in the organisation.
5 Independent Examination Fees
Fees payable to the independent examiner for:
| Fees payable to the independent examiner for: | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Independent examination and preparation of the financial statements |
960 | 910 |
| ────────── | ────────── | |
| 960 | 910 | |
| ────────── | ────────── |
6 Staff Costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 37,600 | 39,190 |
| Social security costs | - | - |
| Employer contributions to pension plans | 4,978 | 4,930 |
| ────────── | ────────── | |
| 42,579 | 44,120 | |
| ────────── | ────────── |
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Notes to the Financial Statements
The average head count of employees during the year was as follows:
| 2022 | 2021 | |
|---|---|---|
| Average head count | 3 | 3 |
The number of employees that received employee benefits of more than £60,000 during the year was as follows:
2022 2021 - - More than £60,000
Key Management Personnel
The charity considers its key management personnel to be the lead elder. The total employee benefits received by key management were as follows:
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Key management personnel employee benefit | 35,869 | 35,190 | |
| **7 ** | Tangible Fixed Assets | ||
| Furniture and | |||
| Equipment | Total | ||
| £ | £ | ||
| Cost as at 1st January 2022 | 1,438 | 1,438 | |
| Additions | - | - | |
| ────────── | ────────── | ||
| Cost as at 31st December 2022 | 1,438 | 1,438 | |
| ────────── | ────────── | ||
| - | - | ||
| Depreciation as at 1st January 2022 | - | - | |
| Depreciation charge | 240 | 240 | |
| ────────── | ────────── | ||
| Depreciation as at 31st December 2022 | 240 | 240 | |
| ────────── | ────────── | ||
| - | - | ||
| ────────── | ────────── | ||
| Net book value as at 1st January 2022 | 1,438 | 1,438 | |
| ────────── | ────────── | ||
| Net book value as at 31st December 2022 | 1,198 | 1,198 | |
| ────────── | ────────── | ||
| **8 ** | Debtors | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Accrued gift aid | 4,118 | 4,077 | |
| Prepayments | 1,769 | - | |
| ────────── | ────────── | ||
| 5,887 | 4,077 | ||
| ────────── | ────────── |
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Notes to the Financial Statements
9 Creditors: amounts falling due within one year
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Accruals | 1,933 | 1,571 | |||
| Deferred income | 200 | - | |||
| ────────── | ────────── | ||||
| 2,133 | 1,571 | ||||
| ────────── | ────────── | ||||
| Analysis of Charitable Funds | |||||
| 1 Jan 2022 | Income | Expenditure | Transfers 31 Dec 2022 | ||
| £ | £ | £ | £ | £ | |
| Unrestricted Funds | |||||
| General fund | 37,403 | 89,817 | (82,429) | - | 44,791 |
| Restricted Funds | |||||
| Regions Beyond | |||||
| special offering | - | 438 | (438) | - | - |
| ────────── | ────────── | ────────── | ────────── | ────────── | |
| Total | 37,403 | 90,255 | (82,867) | - | 44,791 |
| ────────── | ────────── | ────────── | ────────── | ────────── | |
| 1 Jan 2021 | Income | Expenditure | Transfers 31 Dec 2021 | ||
| £ | £ | £ | £ | £ | |
| Unrestricted Funds | |||||
| General fund | 32,608 | 96,719 | (91,925) | 3 | 37,403 |
| Restricted Funds | |||||
| India Covid 19 appeal | - | 6,679 | (6,676) | (3) | - |
| ────────── | ────────── | ────────── | ────────── | ────────── | |
| Total | 32,608 | 103,398 | (98,601) | - | 37,403 |
| ────────── | ────────── | ────────── | ────────── | ────────── |
10 Analysis of Charitable Funds
Fund Description
Regions Beyond Special offering donation made to Regions Beyond (Registered Charity special offering 1152827) to help with supporting initiatives in church planting, training and projects supporting the poor around the world.
India Covid 19 appeal
Donations made to Regions Beyond (Registered Charity 1152827) to help provide basic food provisions to families through the local church in Mumbai
Fund Transfers
The transfer from the India Covid 19 appeal restricted fund to the general fund was to move out residual funds to close the restricted fund.
15
Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Notes to the Financial Statements
11 Analysis of Net Assets Between Funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Fixed assets | 1,198 | - | 1,198 |
| Current assets | 45,727 | - | 45,727 |
| Creditors less than 1 year | (2,133) | - | (2,133) |
| ────────── | ────────── | ────────── | |
| 44,792 | - | 44,792 | |
| ────────── | ────────── | ────────── | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Fixed assets | 1,438 | - | 1,438 |
| Current assets | 37,536 | - | 37,536 |
| Creditors less than 1 year | (1,571) | - | (1,571) |
| ────────── | ────────── | ────────── | |
| 37,403 | - | 37,403 | |
| ────────── | ────────── | ────────── |
12 Trustee Expenses and Transactions
During the year four trustees were repaid for out of pocket expenses totalling £1,341 (2021:£179.1). The expenses were incurred on travel, training, and other day to day running costs of the church.
During the year the total aggregated donations made to the charity by the trustee's was £22,909 (2021: £21,863.02).
13 Related Party Transactions
During the year one trustee and one close family relative of a trustee received remuneration for their services to the charity as employees and not for their duties as trustees. The employment remuneration payments have been authorised by the remaining members of the trustee board and under the Charities Constitution.
Employment remuneration: £ Alastair Scott 35,869 Employment remuneration: £ Claire Scott 2,688
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2022
Notes to the Financial Statements
Related Party Transactions cont.
Trustee Susannah Hart was employed by The Refuse Café. Redeemer Church paid £475 for renting the café (no money was owed at the end of the year).
Trustee Nigel Tree's spouse, Carol Tree, is the chair of trustees for the charity Spirit of Africa (Charity registration number 1141351). During the year the church donated a gift of £200 (2021: £2,000) to further the work of the charity.
Trustee Andrew Oxley also holds a trusteeship at The Christian Outdoor Pursuits Trust CIO (Registered Charity 1195877) also know as Bassenfell Manor. During the year the church paid £100 to The Christian Outdoor Pursuits Trust as a deposit for the use of their building for the church weekend away in October 2023, this was held as a other debtor on the balance sheet.
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