``` REGISTERED COMPANY NUMBER: 12365171 (England and Wales) REGISTERED CHARITY NUMBER: 1189356 ``` ## **`REPORT OF THE TRUSTEES AND`** ## **`FINANCIAL STATEMENTS`** ## **`FOR THE YEAR ENDED 31 DECEMBER 2021`** ## **`FOR`** ``` DIVINE RENOVATION UK (A COMPANY LIMITED BY GUARANTEE) ``` ``` Hartley Fowler LLP Chartered Accountants 4th Floor Tuition House ``` ``` 27-37 St George's Road Wimbledon London SW19 4EU ``` ``` DIVINE RENOVATION UK ``` ``` CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ``` |||**`Page`**|| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`2`| |**`Independent Examiner's Report`**||`3`|| |**`Statement of Financial Activities`**||`4`|| |**`Balance Sheet`**||`5`|| |**`Notes to the Financial Statements`**|`6`|`to`|`9`| |**`Detailed Statement of Financial Activities`**||`10`|| ``` DIVINE RENOVATION UK ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with thefinancialstatementsofthecharityfortheyearended31December2021.Thetrusteeshaveadoptedthe provisions ofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` TheobjectsoftheCharityaretoadvancetheChristianfaith,particularlybutnotexclusivelythrougheducationin the subjectsofreligionandchurchleadershipincludingtheareasofevangelismandmissionarywork,viaformal education, conferences, online content and provision of grants to individuals who wish to attend training activities. ``` ## **`Significant activities`** ``` DivineRenovationUKprovidesparishesacrosstheUnitedKingdomwithmissionalsupportfocusedonbuilding strong teamsandcreatingacultureofevangelization.Overthepastseveralyears,theUKhasseenincrediblegrowthin the numberofpastorswho'vetakenonthechallengeofparishrenewal.OurteamintheUKsupportspastorsthrough events and the formation of a strong Catholic community among parishes in the region. ``` ## **`Public benefit`** ``` InplanningtheactivitiesofthecharitythetrusteeshaveconsideredtheCharityCommission'sguidanceonpublic benefit and, in particular, the specific guidance on charities for the advancement of religion. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityisconstitutedasacompanylimitedbyguaranteeandwasincorporatedon16December2019.The charitable companywasestablishedunderaMemorandumofAssociationwhichestablishedtheobjectsandpowersof the charitablecompanyandisgovernedunderitsArticlesofAssociation.Intheeventofthecompanybeingwound up, members are required to contribute an amount not exceeding £1 ``` ## **`Organisational structure`** ``` Thecharitablecompanyisgovernedbyitstrusteeboardwhichisresponsibleforsettingthestrategicdirectionof the organisationandthepolicyofthecharity.Thetrusteescarrytheultimateresponsibilityfortheconductofthecharity and forensuringthatitsatisfiesitslegalandcontractualobligations.Thetrusteeboardmeetsatleastquarterlyand there maybeadditionalmeetingsofappropriatemembersorgroupsasrequired.Theday-to-dayoperationofthe organisation hasbeendelegatedtotheExecutiveDirectorandotherstaffandvolunteers,whoarekeytoprovidingthe services offered by the charity. ``` ## **`Wider network`** ``` Thecharityispartofawidernetworkofcharitableorganisationswithsimilarobjects,operatingworldwideand in particular, the USA, Canada and Australasia. ``` ## **`Risk management`** ``` Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate controls are in place to provide reasonable assurance against fraud and error. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 12365171 (England and Wales) ``` ## **`Registered Charity number`** ``` 1189356 ``` ## **`Registered office`** ``` Divine Renovation Ministry UK 5-7 Cromwell Road London SW7 2HR ``` ``` -1- ``` ## **`DIVINE RENOVATION UK`** ## **`REPORT OF THE TRUSTEES`** ## **`FOR THE YEAR ENDED 31 DECEMBER 2021`** ## **`Trustees`** ``` D J O'Rourke President Of Divine Renovation Ministry C J Purslow Director O Roylance-Smith Director (resigned 25/9/21) ``` ## **`Independent Examiner`** ``` Hartley Fowler LLP Chartered Accountants 4th Floor Tuition House 27-37 St George's Road Wimbledon London SW19 4EU ``` ``` Approved by order of the board of trustees on 11 May 2022 and signed on its behalf by: ``` ``` D J O'Rourke - Trustee ``` ``` -2- ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DIVINE RENOVATION UK ``` ## **`Independent examiner's report to the trustees of Divine Renovation UK ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 31 December 2021. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006 Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccountsas carried outundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` Jonathan Askew FCA - ICAEW Hartley Fowler LLP Chartered Accountants 4th Floor Tuition House ``` ``` 27-37 St George's Road Wimbledon London SW19 4EU ``` ``` Date: ............................................. ``` ``` -3- ``` ## **`DIVINE RENOVATION UK`** ## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2021`** |||||||`Period`| |---|---|---|---|---|---|---| |||||||`16/12/19`| ||||||`Year Ended`|`to`| ||||||`31/12/21`|`31/12/20`| |||`Unrestricted`|`Restricted`||`Total`|`Total`| |||`fund`|`fund`||`funds`|`funds`| ||`Notes`|`£`|`£`||`£`|`£`| |**`INCOME AND ENDOWMENTS FROM`**||||||| |`Donations and legacies`||`49,072`||`-`|`49,072`|`15,889`| |**`Charitable activities`**||||||| |`Charitable activities`||`61,616`|`82,371`||`143,987`|`65,445`| |`Other trading activities`|`2`|`1,260`||`-`|`1,260`|`-`| |**`Total`**||`111,948`|`82,371`||`194,319`|`81,334`| |**`EXPENDITURE ON`**||||||| |**`Charitable activities`**||||||| |`Charitable activities`||`78,531`|`82,371`||`160,902`|`81,334`| |**`NET INCOME`**||`33,417`||`-`|`33,417`|`-`| |**`RECONCILIATION OF FUNDS`**||||||| |**`Total funds brought forward`**||`-`||`-`|`-`|`-`| |**`TOTAL FUNDS CARRIED FORWARD`**||`33,417`||`-`|`33,417`|`-`| ``` The notes form part of these financial statements ``` ``` -4- ``` ## **`DIVINE RENOVATION UK`** ## **`BALANCE SHEET`** ## **`31 DECEMBER 2021`** |`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`CURRENT ASSETS`**
`Debtors`
`6`
`10,615`
`-`
`Cash at bank`
`73,715`
`-`
`84,330`
`-`
**`CREDITORS`**
`Amounts falling due within one year`
`7`
`(50,913)`
`-`
**`NET CURRENT ASSETS`**
`33,417`
`-`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`33,417`
`-`
**`NET ASSETS/(LIABILITIES)`**
`33,417`
`-`
**`FUNDS`**
`8`
`Unrestricted funds`
**`TOTAL FUNDS`**|`2021`
`Total`
`funds`
`£`
`10,615`
`73,715`
`84,330`
`(50,913)`
`33,417`
`33,417`
`33,417`
`33,417`
`33,417`|`2020`
`Total`
`funds`
`£`
`36,726`
`27,698`
`64,424`
`(64,424)`
`-`
`-`
`-`
`-`
`-`| |---|---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year ended 31 December 2021. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon11May2022and were signed on its behalf by: ``` ``` D J O'Rourke - Trustee ``` ``` The notes form part of these financial statements ``` ``` -5- ``` ``` DIVINE RENOVATION UK ``` ``` NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies Act 2006. The financial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of resources. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ## **`Pension costs and other post-retirement benefits`** ``` Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ``` ## **`2. OTHER TRADING ACTIVITIES`** |**`OTHER TRADING ACTIVITIES`**||| |---|---|---| |||`Period`| |||`16/12/19`| ||`Year Ended`|`to`| ||`31/12/21`|`31/12/20`| ||`£`|`£`| |`Fundraising events`|`1,260`|`-`| ``` -6- ``` ``` DIVINE RENOVATION UK ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021 ``` ## **`3. SUPPORT COSTS`** |**`SUPPORT COSTS`**||| |---|---|---| |||`Finance`| |||`£`| |`Charitable activities`||`360`| |`Support costs, included in the above, are as follows:`||| |**`Finance`**||| |||`Period`| |||`16/12/19`| ||`Year Ended`|`to`| ||`31/12/21`|`31/12/20`| ||`Charitable`|`Total`| ||`activities`|`activities`| ||`£`|`£`| |`Bank charges`|`360`|`-`| ## **`4. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2021norforthe period ended 31 December 2020. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31December2021norfortheperiod ended 31 December 2020. ``` ## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`Restricted`
`fund`
`fund`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`15,889`
`-`
**`Charitable activities`**
`Charitable activities`
`65,445`
`-`
**`Total`**
`81,334`
`-`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Charitable activities`
`81,334`
`-`
**`NET INCOME`**
`-`
`-`
**`TOTAL FUNDS CARRIED FORWARD`**
`-`
`-`|`Total`
`funds`
`£`
`15,889`
`65,445`| |---|---| ||`81,334`
`81,334`| ||`-`| ||`-`| ``` -7- ``` ``` DIVINE RENOVATION UK ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021`** ## **`6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Trade debtors`
`Other debtors`
**`7.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Accruals and deferred income`
`Deferred income`
**`8.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted - general`
**`TOTAL FUNDS`**|`2021`
`2020`
`£`
`£`
`10,615`
`36,260`
`-`
`466`
`10,615`
`36,726`
`2021`
`2020`
`£`
`£`
`15,660`
`6,471`
`3,690`
`3,883`
`31,563`
`54,070`
`50,913`
`64,424`
`Net`
`movement`
`At`
`At 1/1/21`
`in funds`
`31/12/21`
`£`
`£`
`£`
`-`
`33,417`
`33,417`
`-`
`33,417`
`33,417`
`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`111,948`
`(78,531)`
`33,417`
`82,371`
`(82,371)`
`-`
`194,319`
`(160,902)`
`33,417`| |---|---| ``` -8- ``` ``` DIVINE RENOVATION UK ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021 ``` ## **`9. ULTIMATE PARENT COMPANY`** ``` The sole guarantor of the company is the Divine Renovation Ministry, correspondence address 26 Union Street Bedford, Suite 305 Bedford Nova Scotia, Nova Scotia, Canada, B4A 2B5. ``` ## **`10. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 December 2021. ``` ``` -9- ``` ``` 9 ``` ## **`DIVINE RENOVATION UK`** ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021`** |||`Period`| |---|---|---| |||`16/12/1`| ||`Year Ended`|`to`| ||`31/12/21`|`31/12/20`| ||`£`|`£`| |**`INCOME AND ENDOWMENTS`**||| |**`Donations and legacies`**||| |`Donations`|`46,986`|`15,889`| |`Gift aid`|`2,086`|`-`| ||`49,072`|`15,889`| |**`Other trading activities`**||| |`Fundraising events`|`1,260`|`-`| |**`Charitable activities`**||| |`Grants`|`143,987`|`65,445`| |**`Total incoming resources`**|`194,319`|`81,334`| |**`EXPENDITURE`**||| |**`Charitable activities`**||| |`Wages`|`111,078`|`67,564`| |`Retirement fund expenses`|`2,519`|`300`| |`Insurance`|`327`|`-`| |`Advertising`|`1,318`|`-`| |`Recruitment costs`|`-`|`265`| |`Administrative assistance`|`4,225`|`1,080`| |`Legal and professional costs`|`859`|`7,280`| |`Payroll costs`|`1,291`|`147`| |`Postage and couriers`|`147`|`65`| |`Office supplies`|`3,482`|`52`| |`Telephone and internet`|`987`|`48`| |`Donation processor charges`|`866`|`1,423`| |`Web App service fees`|`347`|`110`| |`Travel`|`7,361`|`-`| |`Training`|`249`|`-`| |`Donations`|`5,840`|`-`| |`Rent`|`750`|`-`| |`Programme Expenses`|`15,896`|`-`| |`Independent examination fee`|`1,500`|`1,500`| |`Other accounting charges`|`1,500`|`1,500`| ||`160,542`|`81,334`| |**`Support costs`**||| |**`Finance`**||| |`Bank charges`|`360`|`-`| |`Total resources expended`|`160,902`|`81,334`| |**`Net income`**|`33,417`|`-`| ``` This page does not form part of the statutory financial statements ``` ``` -10- ```