REGISTERED COMPANY NUMBER: 12365171 (England and Wales) REGISTERED CHARITY NUMBER: 1189356
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
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 2022
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Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 13
Detailed Statement of Financial Activities 14
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DIVINE RENOVATION UK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the Charity are to advance the Christian faith, particularly but not exclusively through education in the subjects of religion and church leadership including the areas of evangelism and missionary work, via formal education, conferences, online content and provision of grants to individuals who wish to attend training activities.
Significant activities
Divine Renovation UK provides parishes across the United Kingdom with missional support focused on building strong teams and creating a culture of evangelization. Over the past several years, the UK has seen incredible growth in the number of pastors who've taken on the challenge of parish renewal. Our team in the UK supports pastors through events and the formation of a strong Catholic community among parishes in the region.
Public benefit
In planning the activities of the charity the trustees have considered the Charity Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The objects of the charity Divine Renovation UK as stated in our Articles of Association are the advancement of the Christian faith and the advancement of education. Specifically, Divine Renovation Ministry inspires, connects, and equips Catholic parishes through events, conferences, speaking engagements, resources including webinars, podcasts and books, and training/coaching all designed to help parishes make and form Christian disciples. These disciples, in turn, transform their local neighbourhoods and communities through works of service.
In 2022, the charity related to 796 Catholic parishes in England, Scotland, and Wales. These parishes accessed or downloaded our resources or attended events in person or online. We connected with 475 Catholic priests, the main leaders of these parishes. We coached 94 parishes online either in groups or 1:1.
Online Events
Online events are designed to inspire Catholic parishes that change is possible, that they can develop an outward-facing posture, and that they can impact their local community with the Good News of Jesus Christ. In 2022, we hosted six online events attended by 443 unique registrants (59 priests, 384 lay people and 191 parishes represented). We furthermore jointly hosted a global webinar, 'What is God saying to the Church?', attended by 383 UK participants. For this event, 68 watch parties were registered, with an average of 20 people attending each one. An estimated 1743 people were therefore impacted by this event.
In Person Events
Through in person events, the charity connects parishes to each other in order to consolidate the learnings from online coaching and to create a forum in which they are able to share with each other their successes and learnings. Through these events, we create communities of practice which enable an accelerated pace of change. In May 2022, we organised a two-week road trip with a Divine Renovation coach, during which time we met in person with 290 lay leaders, 3 bishops and 49 priests, visiting 8 parishes in person and connecting with 6 missional communities. The two-week trip encompassed speaking engagements such as a priests' lunch in London attended by 17 priests, a coaching day with a fraternity of young priests, and multiple connections with parish leadership teams. It culminated with the DR Open House event in Salford.
Five in person events were held around the UK in 2022 in Salford, Winchester, Nottingham, London and Paisley. 250 people attended (comprising 55 priests, 195 lay people and representing 67 parishes). A further book launch event was hosted in London, to publicise our book, Preaching on Purpose. This was attended by 32 people including 21 priests and a speech was given by Archbishop Mark O'Toole.
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DIVINE RENOVATION UK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
Coaching
Parishes in coaching increased from 60 parishes in January 2022 to 94 parishes in December 2022. Parishes are not charged any fees for coaching and are enabled to access it through the generous support of donors. Coaching consists of short series of group coaching on different topics (e.g. getting started with parish renewal; using metrics to manage growth in your parish; preaching; the Sunday experience) and also of bespoke bundles of 1:1 coaching. In the latter form, parishes are offered a short 'bundle' of 3 coaching sessions on a specific topic, e.g. forming vision for your parish; or building your leadership team. For a certain group of parishes whose journey towards mission is at a faster pace, we offer ongoing 1:1 coaching: normally 20 sessions across a 12-month period.
In 2022, 70 priests had completed initial group coaching (Kickstart), 20 had completed subsequent group coaching, 5 had completed metrics coaching, and 17 were in a 1:1 coaching relationship.
In addition to coaching, Divine Renovation UK offers parishes the assistance of a Relationship Guide, who checks in with the parish at least every 3 months. The road towards becoming missional is commonly found to be extremely difficult, so the assistance of a Guide who has 'from the trenches' experience of leading a parish, and who can be used as a sounding board for working through problems can be extremely valuable. This service enables a parish to maintain momentum and provides some accountability to the priest and leadership team.
FINANCIAL REVIEW
Financial position
At 31 December 2022 the charity had reserves of £7,230 (2021 £33,417). The charity reported a deficit of (£26,187) (2021 surplus of £33,417).
Reserves policy
The Charity was incorporated on December 16, 2019 and is still very much in the early growth stages of its operations.
Over the past few years, the Charity has operated without reserves due to the fact that the majority of the funds it accumulated were spent on charitable activities.
As the Charity relies upon donations and grants from various sources each year, the Trustees are cognizant of the fact that reserve funds may be needed to give the Trustees time to take action if income falls below expectations. While the Charity has not been in a position to build reserves to date, it aspires to build unrestricted general funds equal to the average three months operating expenses each year. To do this, the Charity is investing more time in development activities by applying for additional grants during the year and developing relationships with donors. This targeted reserve is reviewed on an annual basis to determine if the targeted level of reserves needs to be amended in light of changing funding, financial climate and other risks.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted as a company limited by guarantee and was incorporated on 16 December 2019. The charitable company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1
Recruitment and appointment of new trustees
At Divine Renovation, UK - the selection and recruitment of new board members is a critical task that requires careful consideration. We begin by reflecting on the skills and talents that are needed and then develop a skills matrix to identify potential gaps. We brainstorm with other board members to expand our reach, and we use discretion to seek additional information and advice on potential candidates.
Once we have a shortlist of candidates, we extend invitations and have a personal meeting to discuss the organization's current state, the candidate's strengths, and their potential contribution. Orientation materials are provided, along with introductions to current board members. New members are encouraged to ask questions and share their thoughts on discussed issues. With this thoughtful selection process and thorough orientation, new board members become valuable assets to the organization. Our board members met quarterly this year. Meetings were held virtually for the most part, with the exception of one in-person meeting.
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DIVINE RENOVATION UK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The charitable company is governed by its trustee board which is responsible for setting the strategic direction of the organisation and the policy of the charity. The trustees carry the ultimate responsibility for the conduct of the charity and for ensuring that it satisfies its legal and contractual obligations. The trustee board meets at least quarterly and there may be additional meetings of appropriate members or groups as required. The day-to-day operation of the organisation has been delegated to the Executive Director and other staff and volunteers, who are key to providing the services offered by the charity.
Wider network
The charity is part of a wider network of charitable organisations with similar objects, operating worldwide and in particular, the USA, Canada, Australasia and Germany.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure 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
Trustees
D J O'Rourke -President Of Divine Renovation Ministry E Alberto - Director E Davies - Director C J Purslow - Director O Roylance-Smith - Director
Executive Director
Hannah Vaughan-Spruce
Independent Examiner
Hartley Fowler LLP Chartered Accountants 4th Floor Tuition House 27-37 St George's Road Wimbledon London SW19 4EU
Bankers
National Westminster Bank plc South Kensington Station PO Box NO592 18 Cromwell Place London SW7 2LB
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DIVINE RENOVATION UK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Divine Renovation UK for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. E Davies - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DIVINE RENOVATION UK
Independent examiner's report to the trustees of Divine Renovation UK ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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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
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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
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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)).
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.
Jonathan Askew
Hartley Fowler LLP Chartered Accountants 4th Floor Tuition House 27-37 St George's Road Wimbledon London SW19 4EU
Date: .............................................
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DIVINE RENOVATION UK
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2022
| Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 48,800 - Charitable activities 3 Missional support 128,411 31,563 Total 177,211 31,563 EXPENDITURE ON Charitable activities Missional support 203,398 31,563 NET INCOME/(EXPENDITURE) (26,187) - RECONCILIATION OF FUNDS Total funds brought forward 33,417 - TOTAL FUNDS CARRIED FORWARD 7,230 - |
2022 Total funds £ 48,800 159,974 208,774 234,961 (26,187) 33,417 7,230 |
2021 Total funds £ 49,072 145,247 194,319 160,902 33,417 - 33,417 |
|---|---|---|
The notes form part of these financial statements
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DIVINE RENOVATION UK
BALANCE SHEET 31 DECEMBER 2022
| Notes CURRENT ASSETS Debtors 10 Cash at bank CREDITORS Amounts falling due within one year 11 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 13 Unrestricted funds TOTAL FUNDS |
2022 £ 2,210 20,491 22,701 (15,471) 7,230 7,230 7,230 7,230 7,230 |
2021 £ 10,615 73,715 84,330 (50,913) 33,417 33,417 33,417 33,417 33,417 |
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. E Davies - Trustee
............................................. O Roylance-Smith - Trustee
The notes form part of these financial statements
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DIVINE RENOVATION UK
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
1. GENERAL INFORMATION
The charitable company is incorporated and domiciled in England and Wales. The address of its registered office is 5-7 Cromwell Road, London SW7 2HR. The registered number of the company is 12365171. The registered number of the charity is 1189536.
The financial information presented is for the year ended 31 December 2022 and 31 December 2021. The financial information is presented in sterling.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
a) Preparation of the accounts on a going concern basis
The financial statements have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves, the financial position, future plans and the expected level of income and expenditure for 12 months from authorising these financial statements.The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Support Services and Volunteers
The Charity receives support from its sole guarantor, Divine Renovation Ministry, in the form of payroll administration, budgeting and accounting, information technology, human resources, finance and other program and services. In addition, the Charity relies on the contribution of unpaid volunteers in carrying out its activities. The costs of the support services provided by Divine Renovation Ministry as well as the value of the contributions by volunteers are not included in these accounts as they cannot be reliably measured.
Governance costs
Governance costs include those incurred in the governance of the charity and are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities. Governance costs include the production of the statutory accounts and the independent examination of the charity.
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.
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DIVINE RENOVATION UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
2. ACCOUNTING POLICIES - continued
Fund accounting
Restricted funds can only be used for particular restricted purposes within the objects of the charity. 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
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
3. INCOME FROM CHARITABLE ACTIVITIES
| 2022 Activity £ Conference Revenue Missional support 7,982 Preaching on Purpose Sale Missional support 369 Grants Missional support 151,623 159,974 Grants received, included in the above, are as follows: 2022 £ Divine Renovation Ministry 120,060 Kristos Media 31,563 Porticus UK - 151,623 4. GRANTS PAYABLE 2022 £ Missional support 2,940 Grants payable represents donations made to other organisations. 5. SUPPORT COSTS Governance Finance costs £ £ Missional support 696 3,813 |
2021 £ 1,260 - 143,987 145,247 2021 £ 61,616 37,303 45,068 143,987 2021 £ 5,840 Totals £ 4,509 |
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DIVINE RENOVATION UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
| 7. STAFF COSTS Wages and salaries Social security costs Other pension costs |
2022 2021 £ £ 134,884 104,410 10,100 6,668 4,133 2,519 |
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| 149,117 113,597 |
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| The average monthly number of employees during the year was as follows: Management and support |
2022 2021 4 3 |
| The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2022 2021 £60,001 - £70,000 1 1 |
|
| 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 49,072 Charitable activities Missional support 62,876 |
Restricted Total funds funds £ £ - 49,072 82,371 145,247 |
| Total 111,948 |
82,371 194,319 |
| EXPENDITURE ON Charitable activities Missional support 78,531 |
82,371 160,902 |
| NET INCOME 33,417 |
- 33,417 |
| TOTAL FUNDS CARRIED FORWARD 33,417 |
- 33,417 |
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DIVINE RENOVATION UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
| 9. 10. 11. 12. |
INDEPENDENT EXAMINATION The independent examiner's fee consisted of: |
2021 £ 1,500 750 750 - 3,000 2021 £ 10,615 - 10,615 2021 £ 7,869 7,791 - 3,690 31,563 50,913 |
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Independent examination Preparation of statutory financial statements Other services including irrecoverable VAT Prior year underprovision |
2022 £ 1,550 800 1,050 413 3,813 |
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| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Gift Aid recoverable CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Other creditors Accruals Deferred income |
2022 £ - 2,210 2,210 2022 £ 3,360 8,673 38 3,400 - 15,471 |
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| £ | £ | ||||||
| Deferred Income Balance at 1 January 2022 Amounts released to incoming resources Amounts deferred in the year Balance at 31 December 2022 |
31,563 (31,563) - - |
54,070 (54,070) 31,563 31,563 |
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| Deferred income comprises income received during the year which relates to the next ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted fund funds £ £ Current assets 22,701 - Current liabilities (15,471) - 7,230 - Comparatives for net assets between funds |
financial year. 2022 Total funds £ 22,701 (15,471) 7,230 |
2021 Total funds £ 84,330 (50,913) 33,417 |
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Unrestricted Restricted |
2021 | ||||||
| funds funds £ £ Current assets 52,767 31,563 Current liabilities (19,350) (31,563) |
Total funds £ 84,330 (50.913) |
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DIVINE RENOVATION UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
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12. ANALYSIS OF NET ASSETS BETWEEN FUNDS - continued
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33,417 33,417
13. MOVEMENT IN FUNDS
Net
movement At
At 1/1/22 in funds 31/12/22
£ £ £
Unrestricted funds
General fund 33,417 (26,187) 7,230
TOTAL FUNDS 33,417 (26,187) 7,230
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 177,211 (203,398) (26,187)
Restricted funds
Kristos Media 31,563 (31,563) -
TOTAL FUNDS 208,774 (234,961) (26,187)
Comparatives for movement in funds
Net
movement At
At 1/1/21 in funds 31/12/21
£ £ £
Unrestricted funds
General fund - 33,417 33,417
TOTAL FUNDS - 33,417 33,417
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DIVINE RENOVATION UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
13. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Porticus UK Kristos Media TOTAL FUNDS Restricted Funds |
Incoming Resources Movement resources expended in funds £ £ £ 111,948 (78,531) 33,417 45,068 (45,068) - 37,303 (37,303) - 82,371 (82,371) - 194,319 (160,902) 33,417 |
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Kristos Media - a grant awarded by Kristos Media to help the charity fund a Development Director role.
Porticus UK - a grant awarded by Porticus UK to support the parish growth and outreach.
14. 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.
15. RELATED PARTY DISCLOSURES
Key management remuneration
| Key management remuneration | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Salaries and other short-term benefits | 69,316 | 67,062 |
| Post-employment benefits | 1,850 | 1,650 |
| 71,166 | 68,712 | |
Key management includes certain senior employees who have authority and responsibility for planning and controlling the activities of the charity.
Chris Purslow, a trustee, is also a trustee of Kristos Media. Last year Kristos Media awarded the charity a grant of £68,868.
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DIVINE RENOVATION UK
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Charitable activities Conference Revenue Preaching on Purpose Sale Grants Total incoming resources EXPENDITURE Charitable activities Wages Social security Retirement fund expenses Insurance Advertising Other employee expenses Legal and professional costs Payroll costs Postage and couriers Office supplies Telephone and internet Donation processor charges Web App service fees Travel Training Rent Programme Expenses Video/Production contractor expense Preaching on Purpose cost Regional conference expenses Donations to other organisations Support costs Finance Bank charges Governance costs Independent examiner's fees Total resources expended Net (expenditure)/income |
2022 £ 46,590 2,210 48,800 7,982 369 151,623 159,974 208,774 134,884 10,100 4,133 392 3,531 303 300 960 381 3,504 1,722 653 244 23,588 1,576 - 19,923 3,820 500 16,998 2,940 230,452 696 3,813 234,961 (26,187) |
2021 £ 46,986 2,086 49,072 1,260 - 143,987 145,247 194,319 104,410 6,668 2,519 327 1,318 4,225 859 1,291 147 3,482 987 866 347 687 249 750 15,896 - - 6,674 5,840 157,542 360 3,000 160,902 33,417 |
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This page does not form part of the statutory financial statements
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