DoGusign Envelope ID." C9EE913E_9F2447ED*85&B92946C1COAC REGISTERED IN ENGLAND REGISTERED CHARrrY NO 1188240 FAITH CHURCH FAKENHAM ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Clenshaw Minns L Chartered Accountants
DoGusign Envelope ID." C9EE913E_9F2447ED*85&B92946C1COAC FArrH CHURCH FAKENHAM INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2023 Truslees Darren Waietfield Pdul Lorriinore Frederick Sibix)ns Andrew Osborne (Chairl Charity number 1188240 Princip41 oddre55 Unit 8 mille Close Fakenham Norfi)Ik NR218NW Accountants Cl¢n%hdw Minn% Ltd Chancrcd ALLC)uniani% Nor(i)Ik House ?4 Market Place Swaftham Norfolk PE.37 7QH
DoGusign Envelope ID." C9EE913E_9F2447ED*85&B92946C1COAC FAITH CHURCH FAKENHAM cowrEwrs Page Truslees. annual retK)rt Independent examiner's retK)rt Siaiemenl of financial activilies Balance sheel Noies lo the financial %iaiemenis
DoGusign Envelope ID." C9EE913E_9F2447ED*85&B92946C1COAC FAITH CHURCH FAKENHAM TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 OBJECTIVES AND ACTIVITIES Aims & Objectives The advancemeni of ihe Chrisiian faith for ihe benefii of the public. This includes. but noi ¢xclu%ively, preaching. tcaching and cducaiion.. io provide Ca and support to ihos¢ facing nccd. hardship. or distress. Maln 4Ctlvl¢les for #chlevlng obJeetlves Chrisiian serYice.s and meetings C()rnmunity eveni SpLLial ministry 10 ihose in need Children, youth, and fan)ily ¥upport ACHIF.VF.MF.NTS AND PF.RFORMANCE Our fiKu4 wa4 On d LonliDud¢ivn ul our pr¢viou4 year4 dLtivi¢ie4 whiLh provcil effcLtive in gr<)wing ihe church. advancing (he faiih. discipling Jiiendees kniiiing iogeihcr (he body of belie¥er% a fdmily unii. During the year we allo coniinued with aciivitie¥ designed io raise awareness of ihe Chri¥iian Faith in the Ii)Lal drcd. Thi% included ()UirChc4 wiihin Fakcnham iown centre, advcrti4ingi in ihe local pr¢ss and live.4ireaming of services and meeiing4 online. The continud(ion of live %treaming our %ervice.% proven to be e%CiallY effective in allrdcling new a¢tendee4 re%ul¢ing in good numerical growih during the year. li ha% al40 been of benefLI ¢0 Iho¥e wh(} would nom)dlly diiend bu( find Ihemselve% unable due 10 ill hedlih (Ir fdmily commiimeni.% l'ostering EK%ioral care and preveniing ihem from feeling cui off during those limes from the congregalion. We coniinue lo ru$ on Chrisiian discipleship. spiriiual developmeni and pastoral support which is ¢5scntial in building up th¢ church lor ryi(¢ Lo othcrs. From a financial [spective. as a direct resuli of growih in attendance we have seen giving up 17% on thc previous year. The rne1 of local ouireach and Chri51ian discipleship has proven sUesSful over the last year and will continucd and rrvicw'cd. FtNANCIAL REVIEW Reserves policy Ai (he year ending 31 December 2023. Ihe Chariiy has reserves Ialling £25.-385. A cenain amount of working capithl is kcpi in thc currcnt accouni for mcciing rcgular financial Lommitmeni5.
DoGusign Envelope ID." C9EE913E_9F2447ED*85&B92946C1COAC FAITH CHURCH FAKENHAM TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 STRUCTURE. GOVERNANCE AND MANAGEMENT Constitution Faith Church Fokenham is a Charitabl¢ IncOrraI¢d Organi.tion ICIO). number I18824n. PLANS FOR THE FUTURE Future developments The Chariiy plan.s for coniinue lis aciiviiies for ihe foreseeable future. The I'oLu4 on ¢he 4labiliiy of Ihe Lhurch is a key priority. n¢w member4 being dddcd and ihe flxus on spiriiual diseiple%hip. fellowship and en.suring Ihai new people are kniiied inio Ihe family ol. Ihe Lhurch is key io our fuiure growih. We will coniinuc ouireach aciiviiic% in the town entre und ¢1140 live streaming our services. DF.CI.ARATION The Tru%(ee% decl ihat ihey have approved ihe above Iruslees. reFN)rt. Signed on behalf of the chariiy s Iru%iees'. Signaturelsl 89'e-FGE9I 1gYF89F8E91 Full namelsl Darren Pdul Waierfield Paul William Lorrimore Pol[lon le.g. Secrelary. Chair. eiLI Mf D waterfield Mr P Lorrirnore Date 28-10-2024 29-10-2024
DoGusign Envelope ID." C9EE913E_9F2447ED*85&B92946C1COAC FAITH CHURCH FAKENHAM INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 202.3 I r¢wbrt to th¢ charity trystc¢s on my cxamination of th¢ accounLs of th¢ charity for thc ycar ended 31 December 2023 which are sei oui on pages 4 10 8. Responsibilities and basis of rewbrt As the chariiy s irnsiees you are resw)nsible for ihe preparation of ihe accounts in accordance with the r¢quir¢mcnis of lh¢ Chariii¢4 Aci 2011 ('thc Act'l. I repon in respeci of my examinaiion of ihe chariiy s accounis carried out under seciion 145 of Ihc Act and in Larrying out eXinatIon I hJv¢ followcd all ihc Jppli¢dbl¢ Dircction% given by ihe Charity Commission under Section 14515llbl of ihe Aci. Independent examiner's statemen¢ I have compleied my examination. I confim] thai no material matter.¥ have come io my arieniion in connection with the examination giving me cause io believe rhai in any material ret.. ccounling record4 were noi kepl in re5ct of the charily as required by ¥eclion 130 of ihe ALI: ur the aceounis do noi accord with iho¢£ records: or the dLcpunt4 do not Lomply wilh ihe JppliLable requiremen1% concerning (he f()Tm dnd ¢unieni of dLI()un¢% %¢1 oul in th¢ Chdrilie% IALLouni% JnJ R¢p()rt¥l R¢¥ulJlion4 21111X ()Iher than any rc4uiremeni ihJ( Ihe dccoulli% give d 'irue Jnd fdir vicw, whiLh 1% noi a mditer con.%idered pan of indeFtndenl examinaiion. I hdve no concem% hdve come dcross no other mdiiers in conneciion wilh Ihe exJminaiion (o which aiiention should be drawn in ihis reFK)rt in order lo enable a proper under4landing of ihe ueeouni4 t() redLhed. Dal¢ . Oavin Minns Chartered ALLounian( Clenshaw Minns Ltd Chariered ALcounian(s Norfolk House 24 Mket Place Swdllham Norfolk PE37 7QH
DoGusign Envelope ID." C9EE913E_9F2447ED*85&B92946C1COAC FAITH CHURCH FAKENHAM STATEMENT OF FINANCIAL AcrIvrrIES FOR THE YEAR ENDED 31 DECEMBER 2023 Tolal Total funds 2022 Unrestricted funds 2023 Ineome: Donations 24.992 24,992 21,299 T(ital incoming resources 24.992 24.992 21,299 Expenditure Supportive gills R¥lli dnd %¢rvi¢e Lhdrge F.quipmeni and maintenance W¥b4il¢ and Lmail Lo4¢ Adverti%ing ALL()uniancy Leg7al & Pr{)fe.s.sional fees In%urance 8undry expen¥e D¥precialion 4.310 4.310 4.2 8.872 -s.$7 097 I.IIY7 4112 26¥ 4811 1119 812 401 Y811 2.14 -196 299 .5 06 609 Total resource5 expended 17.449 17.449 18,204 Net incomellexpendilure 7543 7,543 3,095 Net movement In funds 7.543 7.543 3.(W5 Total funds broughi forward 17.842 17,842 14,747 Total funds carried forward 25..38.5 25,-385 17,842
DoGusign Envelope ID." C9EE913E_9F2447ED85&B92946C1COAC FAITH CHURCH FAKENHAM BALANCE SHEET AS AT 31 DECEMBER 2023 Total funds 2023 Total funds 2022 Unrestricted Notes Fixed assets TangiblL asscts 1.827 1,827 Current a&sets Ca%h dt bank and in hand Rent deposit 22.582 1.750 22.582 1,750 1.750 26.159 26.159 18.220 Creditors." amounLs fglling due within one yeur A¢¢rual 774 774 .178 Ne¢ curren¢ assels 25.385 17.842 Total ssets less current Il#bllltles 25.385 17.842 Totsl net assets 25.-185 17,842 Totgl charity funds Unrestricted funds 25.-385 25,385 17,842 25..385 17,842 Thc financia] 5tatcm¢nts w¢r¢ approv¢d by ihc TrustC¢S . nd signed on i15 behalf by.. Trustee ... Truslee .. P Lorrimore
DoGusign Envelope ID." C9EE913E_9F2447ED85&B92946C1COAC FAITH CHURCH FAKENHAM NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 Aceounting wlieios 1.1 Basls of preparation or rman¢ii statements The financial siaiemenis have been prepared under ihe hisiorical cosi conveniion wilh iiems reLugnised at ¢ost or Iriinsaciiun Vdlue unl¢s5 otherwise stated in th¢ relevant note(sl to ihese acLouni5. The aecounts hal'e been prepared in accordance wilh the Statement of Recommended Pracii¢¢.' Accouniing and Reporting by Charities preparing Iheir accounts in accordanLe wilh (he Financial Reponing Siandard applicablc in ihc UK and Republic of Ireland IFRS 1021 issued un the 16 July 2014 dnd wilh th¢ ChJriles Acl 2011. 1.2 Accounting licIt$ The aecounis preseni a irne and fair view and ihe accouniin8 tM)licies adopted are ihosc ouilined in noie I l. I l. 1.3 Fund aeeounting General fund4 are unre.4tri¢ted fund% which are availJble for use ai ¢he di4¢reiion of ihe Trustees in furtherJnce of ihe general objeciives of the chariiy and which hJve not been designaied for (Mher purFN)%es. 1.4 Incomin% resources All inLoming re%ourLes are inLluded in Ihe Siaiemeni ol FindnLidl ALiiviiie% when ihe Lharity is legally eniiiled 10 ihe income and ihe amouni can be 4uaniified wilh rea%onable dccufdcy. InLome Tax reLoverdble in relaiion io donaiions received under Gifi Aid or Deeds of Covenani is recognibed al Ihe lime of Ihe donaiion. 1.5 Resources expended All eXtndItUre is accounted for on an accruals and has Ien included under expense caiegorie5 Itui aggregate all cos(5 for all(Ka(ion io aLiiviiies. Where cos15 cannoi be direLIIy attribuied to pariicular activiiies ihey have been allocaied on a basis COnSiATeni with the use of th¢ rcwurccs. Fundraising costs are those incurred in seeking volunlary contribution5 and do not include the costs of disserninating information in supIKTrrt of the charitable activities. SUprt costs are Ihose costs incurred direcily in suppon of exndItUre on ihe objecis of the chariry and include projeci managemeni carried oui ai headquaners. Management and adn)inistraiion costs are tho.%e incutted in connection with adrnini5tration of the charity and compliance with consiiiuiional and s(aiuiory requiremenis.
DoGusign Envelope ID." C9EE913E_9F2447ED85&B92946C1COAC FAITH CHURCH FAKENHAM NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 1.6 Tangible fixed assets and depreciation Tangible fixed asseis are siaied ai cost less depreciation. Depreciaiion is provided ai fdtes calculaied io write off ihe cosi of fixed assets. less iheir esiimaied residual value, over iheir cxpcctcd u.4cful livcs. on th¢ following bas¢s'. Fixiures & equipmeni - 25 reducing balance Computer equiptn¢nt- 259£ reducing balance Tangible fixed assets FixtUTes And equlpmen¢ Totsl Valuation Ai ol jUry 2023 Addiiiun Dispo%al8 4.305 4.305 Ai I l DeLember 2023 4..105 4,.105 Depreciation AI111 jUY 2023 Deprecidti()n eliminated on disF¥)sal Chdrge fur the year 1.868 1.868 6()9 Ai 31 DeLember 2023 2.477 2.477 Net book value At 31 DeLeiiiber 2023 1.827 1.827 At 01 January 2023 2.4.16 2.4.36 Cash at bank and in hand 2023 2022 Curreni account 22.582 14.0.34
DoGusign Envelope ID." C9EE913E_9F2447ED*85&B92946C1COAC FAITH CHURCH FAKENHAM NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 Creditors: amounts falling due within one year 2023 2022 Accruals and deferred income 774 378 Charity funds 2023 2022 oning funds Net tnuv¢rn¢nl in funds for ihe 17.842 7.543 14,747 3,095 Clusing funds 25.385 17,842 Clo%ing lund% 4hown aEK)ve are held on Irusl and in aCCordce with ihe restriclion5 contuined in the Charity % Memorandum of As4)ciaiion. 6. Analysis of net between funds Unrestricted 2023 UJ)ri'slrictcd 2022 Tangible Fixed A4%els Current Crediiors due within one year 1.827 24.-1.32 {774) 2.436 15,784 {3781 25.-185 17.842