Charity Te$trat[On ner.. 1188137 The Faith Movement (A Charitable Incorporated OigaDisatiooI Allllual Rqx)rt and Financial Ststeme]Jts for thc Year Endcd 31 Marcb 2025
The Faith Movement Contexts Reference aod AthllUU5trative Detalls Trustee5' Report 2ro5 Statcmcnt of TnLSf¢cs' RespobIcs Llldependent ExamUS Rew>rt Statement of Fi&¢181 Activities Balance Sheet Notes to the Fiuan¢ial StateDwots Ioto IS
The Faith Movement Referenee and Administrative Details Tru$te¢s P Burke R Cawbell M Dokn)a G Fartelly M OThitman M Parr T Parr R Reddy L Ruscillo N We]sh A Hughes W Massie CIEarity R¢gi5tratlOll Number 1188137 PrkneApal Offjte 2 Dower Avcnue Walliogton &416 ORG IDdependeDI Eiaminer Hodsou & Co wis¢ullHost I WiSn Avenue Worth]ng West sseX BN14 7QL Page I
The Faith Movement Trslee5, Report The InLStees preseni annual tcport togth with tht fjnancial statsmeats of tbe ctwity for the year euded 31 March 2025. Objectives and acti%rytses Objects I44q[m$ Tbe object of the ¢h2rity is ro advapce the Catholic reliBioD by of producing. pUbShing artd distrbutill books. onliue aterIalS, rAtnplLlers and other literawre; by produ¢ing electtoni¢ and digLta] fDedia COtEullunications and broddcasts" aDd by otganisiog aA)d hostsng Gollferellc. Iff¢V$. course5 and study events. The esselktial of the Faith Movement is offer With the Church & llew iosight ill¢0 the Catholic faith based on a synthesis of conremporny scieDce and divine ievelatior4 which -vIndIcateS the prilnacy of jll5 Christ over all creation. throughout bthtory. ¢ulbJr¢ and slety and wtthiTh ev¢ry buman tKr50D. The Faith mo.eMent pseS these tdeas in a Spirit of ob¢diellce to the Church's MagisleriutD. The Movement sees tbis new synth¢sJs as all effeclive tool for eVaDgeltio[I atwj Cat and ws tt as sucFL Tbe principle acti¥ity of the charity is the advancement of the Catholic rcligryou djrough the organising of conferenees, le¢tutes resideutial events for young people from thc a8es of ten 10 35. The cbarity also or8antses resjdtntial litnsx of on8oiDg foJmation for priests Ind lairy. Page 2
The Faith Movement Trustees, Report {¢ontlDued) Public benef The IwusÈees are satisfied that the ongoing activilies which they are involved ID meaos that the charity is toutinuing to sneel th¢ pUbC benefit r4uiretit. The tru5tces bayc considered the Charity Couunis5ion's guidaCe on wblic benefi4 in¢luding ihe suidance 'Public BenefiL Ruoning a Chatity IPB?).. The Iru5tee5 are aware of and have complied with the duty ID 5ectiOD 4 of Charities A¢t 2006 to bave due regard io the PUbC benefii guidatsce publisbed by the Charities CommtsJiofL IXL particular. the Irustecs would ke io lll"ghtsght the folltswithg aboui the 'ork and a¢uviLies of the Faith MoveDLenL Public acccss. All cvents Orsed by the Faith Movement are open tr) all young people and are widely adven1S OD]uJe via our w'ebsite and social tncdia pages as well as in chwthes aDd uniycrsity cbaplatncies. Th¢r¢ is DO rbarg¢ for UOTL-resideDiial e¥enLS. Similarly. hlIst there is a charge forhard copies of our literatt, much of il is available io dowDload free of dw8£ frorn our website, ensunllg greatei aecess to our The residential evellts for young people were held tti July aud August 2024 and January 2025. Four residential events were held in all in fiutheT of the chariti¢s ain%. for young people ages I1- 14 aDd then for people aged 18-30. The CIO has also ¢ommenced wotk on a social media and ¢ommuDicaliO strategy to fijnber the omrnuDication aims of the chaTity. Thc sidential and llou-residetliial evcnr5 always have as a key 8$pt of their Organisatio a social dimeosion as we believe that it is important that youog people ate eu¢ouragd to make fri¢nd5 and 10 End their true identity ip a Catholic cotLiexi. tn Providing ampl¢ social opportunstie5. it is our expenence that #uny young people find valu¢ a]Jd pu0$¢ in their live5 from the shared they have with o(hets and are then 5UPPOrted to live good and upn8hi lives, cverLtually bemIng effeetive contributQT5 10 50ci¢ty a5 a wF&)l¢. tn order w ensure the safery aDd well&Èug of ail of those wbo attcnd evots orgamsed by the Faith Moverne4t. all helpers under80 regular safeguatding training and ttK>se workn.ttg ttt Telev3nt P051tSODS are subject to DBSIDis¢losure screenin(p The Faith Movement has a robust Safeguarding Poltcy which CAJJ be viewed oa our website as well as a Safeguarding Team Tnade up of exprriellccd prof1011$ who deal wilh safeguarding ¢on¢etns. and update and change ihe Safe8uardin8 Policy and prrKedwts Ls [Cs2ry. A member of the Safeguarding Team rq>orts to the TteeS on a regulat b¥is. The Faith Movemcnt b&$ a ftumber of policies lo eDSu¥e CQTnply with the relevanr legislation oll equalitie5. data protection, Tecnjitment arld health and 5afrty as well as having 1]c1t$ on J75k managetlletlt, anti-bullyin8, finan¢ial ¢onlrDI and trustcc conflicts of inrcres4 10 ensuTC that the ¢hanty 15 legally and in a manoer which value5 all who contribuie to our2ims alld objlxtives The trustees cottfirm thai they have ¢¢xnpli¢d with the requemen15 of sectiou 17 of the Charitie5 Aci 2011 to ave dlle regard to the pubh¢ bencfrt guidance publlshed by the Chariry CommtssioD for En8lartd alld Wales. The tNstee5 confirrll that they have ccxnplied with the requirements of seaioa 17 of the Charities A¢t 2011 to have due regard 10 the public ben¢fii guidance publish&J by the thatity CommiK8ion forEngLaftd alld Wales. Achievements aDd perforrnance Th¢ key achi¢Y¢nt of the charity his been the 5uccessfv1 hosiiDg of young people conference5 in the north arkd 50Uth of En8land in July and August 2024 for ages 11-14. Tbi5 ID addition to Ihe su¢¢essfvl hostithg or our winter confetence for 18-30 years old ill north of Ellgland held Ln Jaouary 2025. as well as the successfijl reinsraterneni and hoshng of the 5ummu conference for l8-30 yearolds inthe north of EoglaThd in July 2024.
The Faith Movement Trustees, Report (continued) FiDancial revi¢Y4 Results to 31 MoT¢h 2025 SI a surplus of £10.84] (2024 sw?lus £64.9601. Total illcoming rourCeS for the yeaT WEre £84.723 with expetlditure of £73.882. Utire>tricted fimds at 31 Mar¢b 2025 were £241.575 {2024 £230,734), Policy reserves All reseryes rdliued are Ullre5tricd. The Tnlsiees se¢k tts ]na]n sufficient reserves to ¢nsut¢ the 5ULwth ongoing opcrJtJons of the chariry. We oitti to tffjsure that e%rry aclÉvity coi'ers i(5 own costs and whete this is not the case we seek to itttrodu¢c measures to 1crease revenue. Plans for futllTt periods A¢tiviliuplon#e4 to 4¢hieve 4iws The Trusi¢¢s will look ¢0 Continue io confereoces 8th1 Tesidetstia] events. including a new SUllJULet ¢onf¢reucc for 1&30 year olds in additiDn to repeariug tbe thr¢e held durÉo8 FY25. Tbese will b¢ IKld across the The aveToge ythr would Sce tsvo rnajor conferences orgaDise¢ one iti the sUtDmu for a durauon of fiv¢ day$. another ill the winter. lasting three days. These cyrnts would UQUDally b¢ attended by around 80-150 yo people and a rLLtnib¢r of priests" ar¥J reiw"ou5. Ell the sutum¢i Ibere 'QUId also be Iwo ra8idenual 'camps' organtsed for children aged I1-14, lastitig four days. Thcse would be attcndcd by around 30-50 cbildrery, with aroulld five pricsts arHt several other adult leaders. It remauLS the intention of tnjsttts of tbe CIO to ¢thLtinue thesc cvcnts artrj confcr¢nres. but also build a renewed presence on social media and ¢OTnmunic3tions strategy. Goine cothcern There are no m2terial llllcenain(ies about the chari$ ability to eontinu The trusieu havt a55e55ed Ihe irnpact of the conLinuing economi¢ ¢I¢ll8t5 ill the UK and r¢$u]iing high inieresl Tatts. Whilst we remain prud¢ni m planning and tllanag¢nKnt of the CIO, the trustre5 have a Teasonable txpeclation thai the chanLy will ¢onfillUt in operat50[ exLStence for the ltrreseeable futsjre. The financial sialemcnts have therefore beerh prepared on 8 80ing concern bLSiS. Structtrr4 governDct and man42¢mt NHre ofgoverning docNmen¢ The Faith Movement 15 a Charity In¢oTpoEawJ (hganisaiion (CIO) and Wd5 establisbed in Febnwy 2020. The charity number is I188137_ On 6 May 2020 thc Charity Cotnmission authoTised the traIer of a55cts and liabilities of The FaidKeYwaY Tru51 to The Faith MovemeDt CIO. The Faith-Keyw?y Trust was closed and rEnVed from the Charity Commi5siott list ir) Nlay 2024 - after the yVdr*tyJ 31 March 2024. The Board b&% the power to appoini additv)nal trvstces if it considers fit w do $0. Page 4
The Faith Movement Trustees, Report (continued) &Bdtr4¥niBg ofÉrnJfe¢s N¢w trustees aTE U]ad¢ familiar with th¢ ¢batity VLSLOII, opetatioD ad goals by dialogu¢ with ¢xistillg peTsonneJ and provLSLOll oln]itLUte5 atld other literdtute pertaining to clwity acLivity. All Izuslees ale aIready fatEJili#r with thc practical work of the cbaraty. New trustees are encoutsg¢d to attend all trtte aDd tnanagcmtnt mefflings. Or8QniStTlionalsÈrnclure The charity is organised so that th¢ InlS merf regulaEly to Iiiaiiage It iffatrs. The chanty is overseen by the trusiets. supw>rted by volunteets. Key strategic and admiDistratsve decisions are made by agreement of the ttvs¢ee& aad d¢lwted as appropriate. Fign¢ll instrum¢nl$ Objectives andpolicie5 Tbe cbaiity QDly has fillan¢tsl a%s¢ts aTuJ fitwicial ILabiliiie5 of a knnd tbat quaIafy as basic finallcÉal in51tuents. Basic fllwicial insrrutnetkts are iniiially 08nISed at traaCtiOn valu¢ and sub5equeDtly measured ai their settlement vuC with the exeeptiotl of bank loars wbicb ate subsequently musuted at amortised cosi using tbt eifective iTLt¢rest tn¢ttKMJ The anDual yert was 2g,I1.2f ved by the trustees of the cbarity OD . ....... ... ..... aDd signed on its behalf by.. VeryR anon Lulz Joao Ruscillo TTUStee Page 5
The Fgitb Movemetst Statement of Trustees, Responsibilities The trste¢S are responsible for preparitig the IDJstees' Tepon an¢J the fjnancial sta¢¢¢ in accordance with the Unlied Kingdom .4ccouuling Standards (United KgdOrn Grneral] Accepted AccouDun8 Pt2¢ti¢el and applicable law and rtgulations. The law 8pplIcable 10 chariues requiies the trtee5 to prepar¢ finattcial stsi¢mEuts for each financial year wkn.ch give & true and fair view of the state of affairs of the cbanty and of the iu¢otning iesources and apphcation of resour¢e5 of the charity for that period. In preparing these fumncjal 5tstutkyJts. the tru5kC5 are requited to". selecl suitable aCCOUDttn8 policfftes and then appl) th¢rn Co[Ls¥endy. obsetve the meththjs *Jd PTiticiples tn the Charities SORP." mak'e judgetDent5 and estitDates that are reaSOab and prudcnL siaie wbether applicable a¢couutiDg standar(Ls have been followtsl subject to Y material depatDJres disclosed and explaitied iD the fitwi£ial 5ts1eroenw and pf¢pare the fin8ncial statements ott the goÈng concern basi5 Ut)less st is illappropriatr to presurne thai the bdrity will continue in busittess. The tsustee5 reSpOlbIt for keepmg pwper accountiD8 tecords that disclose with rcasothle accuracy at ally time the financial posttion of the charity and bI¢ them to eDsure that tbe fillanGial 5tatetnents comply with the arities Act 2011. the Cban"Ties (AccouDts aDd Rem) Elegulatio 2008. and the provisions of the ¢onstituiion The tnjstees are a150 resp)DStble for safeguatth"J]g the assets of the charity ajjd ben¢e for re&8onable steps for the preTr'entioo a1 detection offiaud and other irre8ularitte5. The tru5tces are responsible for the rllaiDtllancc and integriry of the coOrd and fi]Jancial infotmation iu¢lud¢d oll the ¢baTiiabl¢ LxiInpaIiy's EbsIte. Legi%laiion gov¢tlliDg preparattoo 8nd disseminatton of financial 5tarement$ may differ from l¢gi51ation in other jtsrisdLctson5. AppToved by the tr]stees of th¢ cbarity oll.................... and signed on its t¢balfby". Very R¢v Cat Lulz JO Rwcillo TTUStee
The Falth Movement Independent Examiner'5 Report to the trustees ofThe Fith Movement I report to the ttustees on my exaoiination ctf the ac¢oullts of Tt Faith MoveD)eot for tb¢ y¢8r ¢od¢d 31 MaT¢h 2025. R¢5P0115ibilities a•d b•sis of report As the cbattr). trustees Of The Faith Mov¢rncnt you are reSpolb[e prepatAtion of tbe accounts in accordarkce with the requeMents of the Chariiies Act 2011 ('the Aet'}. L report in respeci of my examJDation of The Faith MtsvetneDt'5 accouuts catiied out under section 145 of the 2011 Act 20d tn cartving out my examinauott I have followed 211 the applicable DitectiODS giverl by the Charity ComtnissioD under sectiorl 14515Mbl of the Act. IlldepeDd¢nt ¢xmlner'$ statew¢Dt I have completed njy examination. I confJrnL that no material Jnatters have cottte th my attention in connection with the ¢xamin8rion yviog JDe cause lo beh.eve that tti aDy material tespect: accountin8 rOrdS W¢tE Dot kept ID spect of Th¢ Fatth Movement as ffqUiTed by S110 130 of th¢ Ac4 2. the attouttis th) not aCCOtd with those rtcords" or 3. Ibe accounts do Dot COTnply with the a¢¢ountiJ)g tequifem¢nts ¢oncming the fonn and Content of a¢ts set out in the Charili&% (Accounts aEhd Ryrts) Rcgulalions 21)08 other than requIreellt tbat the aecouols give a 'tr aDd fair view. wbich is not a matter considered patt of an independent examina¢io#. I have no concenL% and have come acr( no other mait¢ts in ¢onncrtioll with the eKarninatton to wlu.ch attention should be thaw] iti tbis Tepon ia ord¢T to enable a PTopeT undeT5t2ndiDg of the accll to be reacbed. Matthew Ho(LsoD FCA Independeni Exanuner Wiston House I WLSton Avenue Worthin8 W¢si Sussex BN14 7QL Page 7
Tbe Faith Movement Statement of Financial Activities for the Year Ended 31 March 2025 UJwe5tricted funds RestTiCted fuuds Total 2025 No Incorne and Endowments frnm: Dou2fiQll5 and legacit5 C]Jotitable activjties love51m¢nt income Other income 10.429 64.634 3.699 5.961 10.429 64.634 3,699 Total ill¢onJe Expenditure on: ChaTitsble a¢tiviiias (73.8821 (73.8821 Total expendittu¢ (73.88? 73.882 income 10,841 10.841 '¢t rnovemcnt in fwids 10.841 10.841 Reconciiiatl•tt of f•nd5 Total fijnds bmugtLt foThvard 230.734 252,734 Total fund5 &qrrityJ forward 14 241,575 22.000 Restricted fvnds 263 575 Total 2024 Unrestricte41 funds Income and Endoivments from= Donattons and legacics Charitable acuvities tuvt51m¢nt income Other income 17.463 6,030 4211) 49.954 39.463 6,030 4,200 49.954 Total itKomc 77,647 22.( 99.647 Expenditure on". Chariiable activitie5 (34,687 134,687) Talal exFenth"mre 134.6871 134.687 Net iDcome 4?,960 ?? o(x Nei movernent &JJ fithds 42.960 L?.O(X) 64.960 Reeonclliitson of funds Total funds brought forvdrd 187,774 187,774 Total fvTrds carried fDrw3rd 14 230.734 22,(HM) 252.734 All of the cbarity's activilies deriv¢ from continuin8 opetatt"orLS during the above No period%. The fund5 breakdowTh for ?024 15 5howTh in note 14. The rHAes on pages 10 to 15 fonn aTh integral pan of these finallcial statements. Page 8
The Faith mOveent (Registralion number: 1188137) Balance Sheet as at 31 March 2025 2025 2024 Note cllrret assets Debtor5 Cash a¢ ballk and iti baod 12 268.807 252,290 268.807 254,600 Creditors: AmonDts falling du¢ withik yr 13 32 1.866 Net xs$ets 263.575 252.734 Funds of the ¢kn4rity- Restricted intome funds Restricted fiJn(is 14 22.000 UDre$tricted income funds Urtrestricted fi]nds 241.575 230.734 Totsj funds 14 263.575 252,734 Th¢ finan¢ial st3teuLent5 on pagcs 8 to IS wer¢ approved by the tsLsttts, attd authonsed for ille on - ! I. LS.. and signed on their behalf by: Very R¢v Tru5tec The not¢5 on Pag 10 ¢0 15 fonn an integrnl partof these financ1 staternents. Page 9
The Faith Movement l%ote5 to the Financial Stfdtements for the Year Ended 31 March 2025 Charity st#ths Tbe charIly is a Charitable IncortM)ratal Or8anisation (CIOI. th ch2tity nuD)ber 1188137, and consequently does Doi have a share capital. Ststemetst of eompliance The fintncial ststements bavc been preparEd iD accordarLCC with the second editioo of the C]Jariiics SialemeDt ol R¢cUlled¢d Practice issued in OLtober 2019. the FanCial Rwrvog St8tsdard applicable in tbe United Kdorn and Republic of t[ela] IFRS 1021 and the cban.bes Act 2011. Basis of preparation The Faith Movement meets the defwitioo of a public benefit eotity uth FRS 102. The accowits (finan¢ial stalements) have been prepared under the bisio¥i¢al cost convenknon wsth It¢ recogDtsed ai cost OT tran$tion value utllcss otherwise statrd in the relevaDt notel5) to these accounts. Eiemptioll from preparing • ¢sb flow $tstemet The cbarity opted to early adopt Bvlletin I publislmi on 2 Febn4ry ?016 and has therefore noi included a cash floiv siat¢m¢nr itt thc5c fitwjcial 5taterncnts. Gothg ¢once The trustees consider rtt there are no material tertaIneS aboui the tharitys abiliry to continue 25 a goiug concern oor 2ny significant areas of UnCertatY that affeci the carryiug vu¢ èlassds held by the chatity. Illcot And endowments Voluntary income includiDg dorhations. fis. lewies and grants provide ¢OTe fiJDding OT are of a general nature 15 reCQ.li5ed when the charity has eDiiilemeat to the ineow. 1¢ is probable thar the illcotDe will be rec¢ived and the amouni Can be measured with sufficient teliability. Donations aJLd l¢oacie5 are rcco8nised on a receivable basis when receipt ts pmbable and the amotsnt caD be reliably rne&sure(L Domrtledsenyces qndf4cililiey Where seryices or farilitits are providd to the chariry as a donation Ihat K>ll1d normally be purchased from out supplieTS, this beuefit is included in the fuwncial statemeots at its fair lalue unless its fair vale cannot be rcaliably mca5urcd. theo ai the cost to the doftor or the resile value of g(KMts that are to be SDId. Eipeuditure All expendinire J$ rrcognised once there is a Icgal or constructiv¢ obligation 10 thai expenditurc, it is probablc settle¢llt l5 rcquircd and the amount be measured reLiably. All costs are allocared to the appli¢able expendin heading that aggtcgate sitnila¥ CO io that ¢aiegory. Whete Costs be directly attributcd to parritular headings they have been allocatyl on a b3SiS COtkSiStent with the use of resources. Pase 10
The Faith Movement otes to the Financigl Statements for tht Year Ended JI March 2025 (continued) Charitable dchvities Charitsble expenditure compriscs those costs incutred by the chanty Lll the delivery of its actLVlties and services for iis nefiCianeS. It includes both cosrs thaT caD be allocated direc¢ly to w¢b aciiviiies aNI those ¢osts of an indirert llawr¢ 0¢sSary to support thenL Governan¢e costs These include the costs tttributable to th¢ ¢batity'S ¢oJnplian¢e wtdL constitytion21 aud stanttory requirem¢rtts. io¢ludJag 2udiL Sttategi¢ n)anaEement and trjstees mtttia8S and reimburscd eKpeD5es. Tayatio The charity Ès considered to pa55 the tests set out in Ptragxaph I Scbtdulc 6 of thc Finance Aci 2010 alld therefore it tlleets the definition of a charitable COTnPaUy for UK CQTporation tax purposes. Accordingly, the ¢bariry is potentially exempt from taxaaon in respect of iotom¢ or capital gal% received wirbjn categones Covered by cknp 3 Part 1 l of the Corporation Tax Acr 2010 or SectiOtL 2£6 of the TatsoIl ul Chargeknie Gains Act 1992, ¢(> the exlent ibat sucll incotne or gains are applied exclusi%'ely to charirablepuip05es. Tt•de dtbtors Trade debtois are amounts due from customers for mtt¢tdIse sold or savic¢s r0[ed in the ordinary course of busines5. Trade debiors 2Te re¢ogois¢d initially at the tsansa¢uon PTi¢e. They are sub$eylY measured at arnortised cost using the effective iuleTest eth{J, less provisioll for irnpaitmellL A provision for the irnp8irment of trade debiors is estsblish¢d when ttLere is ObJriv¢ ¢videwe that th¢ chanty nthb¢ able to colle¢t all amounts due according to the origina] tern of rbe receivables Cash and cash equivalents Cash and ¢quival¢nts comprise cash on hand and 11 dwsiw amd other thon.terni highly liquid inv¢stmeDts that ar¢ readily coni'ertible to a known atnount of cash and are subject 10 an Insigr)caDt risk of change in value. Fund strncture Unrcstrictcd iiicomc fimds arc gcncral that aTe awdilablt for use at thc diKTetion in funberance of the objeclives ch3Tity. Restricted mcome funds are those donated for use itl a particular area or for specific PWPDse& the use of which is restricted to ihat atea or PWFOSe. Fintsocial ltystrujoents CIos5rfit10ff The charity only has financial assets and liabilities of a kjnd that qualify as basic fmancial irJ5tNments. Basic financial instruments are initially rttognssed at transaction value and subsquently measured at their settl¢ment valu¢ *'ith the ¢x¢epuon of bank loans wbi¢h are 5ubsequendy measured 8[aDnised ¢osr using the ¢ffective inicre5t mttho Page 11
The Faith Movement Note5 to the Finincial Statements for the Year Ended JI March 2025 (continued) 2 Income from doJ)4tions and legaciLg Unrestricted fwlds Generxl Total 2023 Total 2Q24 Donations and le¢1¢5., Legaci¢$ Donated servic£s and facilities 22,0( 17.463 10.4?9 10,4?9 10.429 10,429 39,463 3 lll¢oJDe from charitable attivlues Uure5tricted fwid5 GeDer Total 21125 Total 2024 Magazine subsenpttons Retreats and cotLfer¢tLces Priest Gather85 70 3.760 2.2CK) 64.6i4 64.634 64.634 64.634 6.030 Included within Retrt8ts and coDfcrcDce5' ts a ts)tsl of £3.843 (24.. .138), and within 'Priesr Gatheringg is a to1 of £Nil {?024.. £635) of doDatlODS received from the cbariWs trustees throughDUt the year. 4 lllyestment inconxe Unrpstricteil runds Generat Total fund5 Interest recti%'able atMI 5tmilar I0C. InLeTest receivable on bank detK>sits 3.699 J,699 Totsl for 20•5 3.699 3.699 Total Ir 2024 4.?fvJ 4.21M) 5 Other income Other inCe relates to the total futM15 thai have been transferred from The Faith-Ke Tr1 to The Fail Movement during the year. This transfer of fijnds is part of the transfef of assets authoTlSed by the Chariry Commission OD 6 May 2020. Ptre 12
The Faith Movement Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 6 FJxpendlture on ¢tharltable 8¢tMtles UDrestritttd funds Geueral Total 2025 Total Z024 Ma8aT.ine sub5CriPtion5 Lieryeais alld conf¢renc¢5 Priest Gatheting5 GoN'crnance costs 639 68.7L3 639 68.7E3 28,181 3,520 2.986 4.530 4530 73.882 73.882 34.687 7 Anaty5is of gov*Tnallte 511IIPgrt costs costs LTnrestricted fuDds GeTreral Totsl 2025 Total 2024 In(kpendcnt examiner f¢e5 ExaminaiiotL of the financial swemcnts Legal fees Other governauc¢ ¢osts 2.196 45 1196 45 1202 1,784 4,530 4.530 2.986 Pag¢ 13
The Faith Movement Notes to the FinAneiAI Statements for the Year Ended 31 March 2025 (Continued) 8 Trn5tees remllDeratioD expeAtses DuTg the ye& the cbarity madE the followu]g trnllsactsODS with tVJ5tees: P Burke £38312024.. £2211 of expeuse5 were re[b[s to P Bu¢ duriD8 the year. The eKpeoses reimbursed alve related to IT softwareAwdwaTe expens¢s. R Caffjpbell £NIl (2024.. £2451 of extThses were reimbuT5ed to R Campbcll dunng the year. The exrEnses reimbursed ab)ve relaTed to variows me¢uDg travel expeos 10'Gornian £Nil (2024.. £2631 of expen were tei]TLbur5ed to M O'Gornwi dwing the year. The expenses reiD]bwwJ ibove relar¢d to tT softworelhardware ¢xp¢nses. R MAr5de £30 (2024.. LNil) of expenses wert TeiTnbuTscd io R Matsdell the year. The expenses r¢io)EKusgJ abov¢ relaied to Retreat & conferen expenses. No rn]stce5, tr athy persons with thcm. have recetvcd any re0tration from the chanry durin8 the YM. N'o tr[¢¢$ havE received any other benefits from th¢ ¢lwity dutitig the year. 9 Ind¢p¢nd¢nt examiner's etratiO 2025 Z024 Examination of the financial starerrtents 2.196 1,202 10 Taxation The charity is a wsteied ¢h&ity atKI is therefore ¢xempi from t2xaiioiL 11 Debtors 2025 2024 Other dcbtors 2.310 12 Cash and £a$h equlvle#ts 2025 2024 Cash at bank 26S,807 252.290 Page 14
The Faith l¥lovement Notes to the Financial Stat¢ments for the Year Ended 31 March 2025 (continued) 13 Creditor5: arnots faUiu¥ due within 00¢ y 2025 2•24 Other creititDts AcCruS 2,070 3,162 5.232 1,866 14 Fund$ BAlaDce at I April 21124 Ineoming resourtes Re50urres tended BxliD¢e •t 31 March 2025 Ullr¢striet¢d fullds Geh¢rél Genernl 230.734 84,723 (73.882) 241.575 Restricted lunds Restricted 22.0 ?2.(MXb Totsl fMnd5 252.734 73,882 263.575 Bal#nee 4t I April Zts23 Resources expended B#14u¢e at 31 Marcb 2024 U•regtricted GEll¢AI 187,774 77,647 (34,6871 230,734 Re$trl¢t¢d Restncted 22.LM)O 22,000 Total fund$ 187.774 252.734 Thc specific purposes for which the funds are to be appliedare as follows.. Restricted Funds of £22,000 restricted io support the developtrtellt of an app fot The Faith MoveTtLent. IS Related party transactiohs There wetE Ilo telaled party ttansa¢tiorLS in the year. Page IS