The Charity Registration Number is :. 1191670
RENEWAL CHAPEL LIVERPOOL CHURCH
Report and Accounts
31 December 2023

RENEWAL CHAPEL LtVERPOOL CHURCH
Report and accounts forthe year ended 31 December 2023
Contents
Page
Charity infomation
Trustees. Annual Report
Statement of Trusteess. responsibilities
Independent Accountanvs Report
Fijnds Statements.-_
Slalemenl of Financial Activities
Movements in funds
Income and Expenditure account
Balance sheel
Note5 to the accounts
10
14
15
16
18

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustees. Annual Report for the year ended 31 December 2023
The Trustees pre8enl their Report and Accounts for the year ended 31 DKernber 2023.
Reference and administrative details
The charity name.
The legal name of Ihe charity is:_ RENEWAL CHAPEL LIVERPOOL CHURCH.
The charity is also knowrt by tts operating name. RENEWAL CHAPEL LIVERPOOL CHURCH.
rh• charity's arèas operation and UK eharitabl• r8gistration.
The charity is regislefe(l in England & Wales wth the Charity Commission in England & Wales ICCEWJ wilh
charity number 1191670.
The charity does not operate in any overseas juriSd￿tionS.
Leg81 structure of the charity
The charity is constitlrted as a Charitable Incorporaled Organisation ICIOI in England & Wales. The
governing document ofthe eharity i¥ the constitution ofthe CIO as approved by the Charity Commission in
England & W81es ICCEW) .
The governing document is dated 06 October 2020
There are no reslriclions in the governing documents on the operation of the Charity or on ils
investment powers other than those imposed by Charity Law.
The trustees are all indiwdu815.

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustees. Annual Report for the year ended 31 tlecember 2023
The principal op•rating address, telephone number, emall and web addresses of the charity a￿:.
15 COLLEGE CLOSE
PRENTON,
CH43 9XP
Telephone .07840255766
Email Address slephen.charnan
gmail.com
Web address https'.Il￿neW8Ich8peI1Iver￿)I.orgl
The Trustees in office on the date the report was approved were:.
Shahid Mahmood
John Stephen Charnan
Shamim Xavier
The following persons 58rv8d as Trustee5 during the year ended 31 DKemlJer 21J23:_
The trustees who served as a truslee in the ￿porting peri￿￿ %we as Shown above, and there were no
changes dLtring the yeaf. or in the period befv￿n the year end and the approval of the accounts.
All the Iruslees are also members of the chanty.
Objects and activities of the charity
The purposès of the charity as sel out in its governing documgnt.
To advance the Christian religion for the benefit of the publ￿ in Liverpool in accordance with the
slalemenl of faith by holding services of prayer and worship, providing faith teaching and delivering
Christian outreach.
The main activities undertaken in relation to those purposes during the year.

RENEWAL CHAPEL LIVERPOOL CHURCH
Trust9￿. Annual Report for tht year ended 31 December 2023
Throughout the course of the year. the dedicated team al the RCLC meticulously adhered lo the
comprehensive guidelines laid out by the Commission on matters of public benefit. We focused our
efforts on the specific provisions and detailed guidance pertaining to charitable organizations that
are dedicated lo the promotion and advancement of religion. In doing so, we made it our mission to
ensure that our activities were not onty in accordance with these guidelines but also served to
embody the core tenets of our faith.
Our commitment to inclusivity and eommunty engagement was reflected in our approach. We
extended a warm and welcoming invitation to indivsduals from all walks of life, enabling them lo
become an integral part of the parish community. Within the nurturin9 embrace of oui center, we
offered a sacred space for worship and contemplative prayer. creating an environment that
fostered spiritual growth and conneth.on to the divine.
As part of our educational efforts, we diligently provided comprehensive teachings on the Gospel,
illuminating the profound messages contained within ils sacred texts. Our aim was to empower
individuals with knowledge. helping them deepen their faith and enhance their understanding of
Jesus, life and teachings. Through a variety of educational programs, we encouraged participants
lo explore their spirituality and engage with the rich tapestry of religious Iradilions.
Furthermore, our pastoral eare initiatives were a testsment lo our comrnitment to the well-being of
those in the parish community- We undertook missionary work with a heartfell dedication, striving
to reach out lo individuals in need and those who sought spiritual guidance. Otjr outreach
programs were designed to offer solace and support. ensuring that no one in our parish felt alone
or wilhoul the nurtunng care of a community that shared their faith.
Our activities at the RCLC over the year were chara¢lerized by a meticulous adherence to
guidelines, an open and inclusive approach to ￿MMunity involvement, comprehen5sve religious
education, and a genuine commitment tr) pastoral care for our parish members. demonstrating our
unwavering dedicatson lo promotsng the advancement of religion and public benefit in our
community.
The main activities undertaken during the period

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustees, Annual Report for the year ended 31 December 2023
The RCLC is committed lo providing an array of services throughout the year. carefully designed lo
meet the spiritual and eomrnunal needs of our diverse community. Our PTograms have been
thoughtfully structured lo offer enriching and spirittjally satisfying expenences.
One of the cornerstones of our offerings is the Sunday prayer service, a eheri5hed and integral part
of our church calendar. Our Sunday prayers are meticulously crafted lo create an atmosphere of
intimacy, peace, and reflection, providing our congregation wth a serene space for worship and
spiritual connection. These services Serve as a source of solace and inspiration. allowng
allendees to deepen their relationship with their faith.
In addition lo our prayer services, we have cultNaled a nurturing environment for young people to
explore and learn about Christianity and the beliefs of OLsr church. Through engaging and age-
appropriate programs, we aim to impart the foundats.onal teachings of Christianity, fostering a
strong foundation for their spiritual growth.
Our efforts have also been direcled towards welcoming families with children Into our church
community. In doing so. we have played a pivotal role In enhancing their understanding ol Christian
beliefs. By offering educational programs and resources. we have contributed lo the spiritual
development of not only the adults bul also the younger members of our congregation. thus
nurturing a mulli-genefational environment of faith.
We extend a warm and open invitation to everyone in our community lo join us for our regular
services. Currently. our congregation boasts with 90 new members welcomed over the course ol
the year. Testament lo our vibrant and inclustve community. our average weekly attendance
throughout this year has been a commendable 90 individuals. showcasing the dedication and
8eb.ve engagement of our congregatson in the spiritual life of the RCLC.
RCLC offers a comprehensive suite of services and activities designed lo cater lo the diverse
needs of our community, whether through prayer. youth education. or fostering a welcoming
atmosphere for families. We lake pride in our growing congregation, reflective of the positive
impact our cenler has in the lives of those who seek spiritual enrichmenl and community
engagement.
The trtjslees have had regard lo the Charity Commission's guidance on public benefit Tn managing the
activities of the charity.
The main achievements and perfornianGe of the charity during the year.
Through a meticulously planned array of serVI￿S and activitres. the church has successfully
facililaled an atmosphere of spiritual growth and communal engagement. This is exemplified by
consistently high attendance al its Sunday prayer services, where parishioners find an inlimale and
peaceful space for worship and refleelion. Furthermore, the church's unwavering dedication to
providing young people with opportunilies to explore and understand Christian beliefs has
contributed to the religious education and development of the next generation. A significant
accomplishment has been the warm embrace of families with children, resulting in increased
understanding of Christian beliets within this demographic. In essence. the church's performance
underscores its role as a beacon of Spiritual enrichment and inclusive community engagement.

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustees. Annual Report for the yèar èndèd 31 0￿mb•r 2023
The difference the ¢harity's perforniance during the year has made to the
beneficiaries of the Gharity.
The church's perfomiance durtng a specific period has made several differences in temis of
benefits to its benef￿lar1eS. which include the congregation and the ￿der community.
Spiritual Growth and Connectson". The church's performance can impacted the depth of spiritual
growth and eonneclion experienced by ils congregation. Providing more in4epth and engaging
religious services, sermons, and programs can lead lo a stronger sense of spiritual fulfillment and
a closer connection to their faith.
Youth Engagement and Education". The quality and variety of programs offered to young people
can significantly impact their understanding of Christianity. Enhanced educational inib"atives,
engaging aclivilies, and opportunities for personal growth prOV￿ed a more profound impact on the
younger members of the congregab"on.
Community Inclusivity". The church's cornmitment lo welcoming families wlh chIld￿n and fostering
a sense of community can created a more inclusive and tighdy-knit parish. A church's performance
in creating an atmosphere of warmth and belonging made a significant benefit lo both current
members and newcomers.
Community Outreach= The impact of the chU￿h'S outreach programs and support for the wider
community measured in terms of the number of people assisted, the depth of support provided,
and the posibve chan9es bfought about in the lives of those in needed.
The degree to which the achievements and perforniance during the year have
benefited wider 30ciety.
The church has sab"sfactonly achieved the performance melrics and goals as discussed above,
and this success has extended ils benefits lo a broader societal context. The achievements and
performance of the church during the penod have indeed benefited the wider society in several
meaningful ways.
Structure. governance and management of the charity
The methods used to recruit and appoint new charity trustees.
The exi51ing Iruslees are responsible for the recruilmenl and appointment of new trustees. The
process consists of the Current board of trustees are looking for a new trustee. All interested
applicants are invited to send their Cvs highlighting their strengths and how they can make a
posit1ve contribution lo the charity. Any new tnjstees must go through one-year probation before
they be￿me permanent members.

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustees, Annual Report for the year ended 31 Decemb•r 2023
Financial review
The charity's financial position at the end of the year ended 31 December 2023
The financial position of the charity at 31 December 2023 and compaiatives for the prior period, as
more fully detailed in the accounts, can be summarised as follows".-
2023
2022
Net income
13,544
5.352
Unrestricted Revenue Funds available for the
general purpose5 of the charity
25.187
11,643
Total Funds
25,187
11.643
Financial review of the position at the reporting date, 31 December 2023 .
Funds available are 5ufficienl to permit the charity lo wntinue operatsng in the medium to long
term. The day-to-day running of the church Is supported by voluntary donations. There are no
uneert2inties about the charity continuing as a going coneem.
Policies on reserves.
Reserves are vital for ensuring the lon9-lerm financial stabilrty and sustainability of the church,
enabling il lo fulfill ils mission, support ils operations, and provide ongoing services lo the
community.
The church has the following wlicies".
1 Operating Reserve.. This reserve is designated to cover short-term cash flow ftuctualions.
unforeseen expenses. and emergencies that may arise during the church's day-to-day operations.
It ensures that essential services and programs can be maintained without interruption.
2 Expansion and Development Reserve.. This reserve is earmarked for future expansion.
development projects, or major capital expenditures It aims to support the church's growth and
strategic initiatives. Including the conslrucb.on or acquisition of additional facilib'es to accommodate
the evolving needs ol the community.
The mosque's reserve policy is communicated to relevant stakeholders, including the board of
Iruslees, church management. and the community. to foster transparency. understsnding, and
confidence in the church's financial management practices. This reserve policy is reviewed
periodically, or as necessary, to ensure ils alignment with the church's evolving financial needs and
ompliance with applicable regulations and best pracb"ces. Any revisions or updates lo the policy
shall be approved by the board of Injstees.

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustee5' Annual Report for the year Ènd￿ 31 Decèmbèr 2023
Availability and adequacy of assets of each of the funds
The board of trustees is satisfied that the charitys assets in each fund are available and adequate
lo fulfil its oblioations in rest)ecl of each fund.
Statement of Trustees. Responsibilities
The charitys trustees are responsible for the preparation of the accounts in accordance with the
lems of the Charities Act 2011 and the Charil*s (Accounts and Reports) Regulations 2008.
No￿l1h51andlng the explicit requirement in tt)e extant slatulory regulations,the Charities (Accounts
and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP
2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to
interpret this responsibility as requiring them to follow current best practice and prepare the
accounts according to the FRS 102 SORP (Stslement of Recommended Practice for Accounting
and Reporting by Chanlies} 2015. las amended by the Bulletin issued in October 2018 and
applicable lo all accounbng periods beginning on 01 after 1st January 20191, (The SORPI,
In particular. charity law requires the Trustees. rf they prepare accounts on an accruals basis, lo
prepare financial stalemenls for each financial year which gNe a true and fair view of the state of
affairs of the charity as al the end of the financial year and of the Surplus or deficit of the charity. In
preparing those financial statements the Trustees are required to "_
- to prepare the accounts in accordance wilh United Kingdom Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable lawl.
seleel suitsble accounting policies and apply them consistently",
make judgements and eslimales that are reasonable and prudent".
prepare the financial statements on the going concern basis unless il is inappropriate
lo presume that the charity will continue in business.
slate whether applicable accounting standards and statements of
recommended practice have been followed, subject to any material
departures disclosed and explained in the financial stalements".
The law requires Ihat the trustees must not approve the accounts unles5 they are satisfied that
they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the
charity for the year.
The Trustees are also responsible for maintaining adequate accounb'ng records which disclose
with reasonable accuracy at any time the financial position of the charity and which are sufficient lo
show and explain the charity's transactions and enable them lo ensure that the financial
slalemenls comply with regulations made under the Charities Act 2011. They are also responsible
for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregulants"es_

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustees. Annual Report for the year ènded 31 Oecember 2023
The Trustees a￿ also responsible for the contents of Ihe Trustees. report. and the ststutory responsibility of
the Independent Examiner in ielation to Ihe Truste85' report ts limrted to examining the report and ensuring
that . on the face of the report. there are no material inconsislencies with the figures disclosed in the financial
statements.
This feport wa5 approved by the txjard of trustees on 25 o￿ober 2024.
John Stephen Chaman
Trustee

RENEWAL CHAPEL LIVERPOOL CHURCH
Report of the Independent Accountant to the Trustees of the charity on the accounts for the
year ended 31 December 2023
We report on the financial statements of RENEWAL CHAPEL LIVERPOOL CHURCH for the year ended 31
December 2023. as set out on pages 10 to 22, which comprise the Slatement of Financial Activrties, the
Income and Expenditure AcccxJnt. the Balance Sheet and the felated notes to the finanrial statements.
including 8 summary of significant accounb.ng policies. In our opinion. the aocompanying financial 5tatemenis
ol the charity are prepared. in all material respe￿. in aGcoidan¢e with charity law applicable within the
jurisdiction of England & Wales and the account5 have prepafed in accordance with FRS 102 SORP
Istatement of Recommended Practice for Accounting and Reporting by Charities) 2015, la5 arnended by the
Bulletin is5ueil in October 2018 and applicable to all accounting peric#Js beginning on or after 1st January
20191, (The SORPI. published by the Charity Commission in England & Wales ICCEW) , effectivg January
2016. under the historical cost convention. and in ac£ordance with the accounting poliues sel out on page
19. which fiaTnework conslEtules the applicable Unrted Kingdom Generally Accepted Accounting Practice.
Respective responslbllities of the director5 and the accountsnt
As described on page 7, you, the tharity'$ Tru¥tees are reswnsible for the preparation of the accounts.
The Trustees consider thal Ihe audit requirement of Seclion 144111 of the Charities Act 2011 Ilhe Act) does
not apply. and that the￿ is no requirement in the Goveming Document for the conducting of an audit. The
Trustees also consider the ch￿lty lo be exetnpl Irom the requirement to be subject to Independent
Examinatson.
Ouf responsibility is lo prepare a¢￿Unts upon th? b8815 of the information supplied to us. wthout condL￿ting
any formal scrutsny.
No ststemènt of opinion
We have not carried out any audtt procedu￿$ and have relied upon informalion supplied to us by the
Trustees. and the Information supplsed by the Twstees in the course of the examination is not subjected to
audit test5 or enquiries, and Consequently we do not express an audil or other assurance opinion on the view
given by the accounts.
$19ngd..-
Aahil & Co Accountsnts Ltd- Independent Accountsnt
ACCA
4a
Smilhdown road
Liverpool
United Kindom
L7 4JG
This report was signed on 27 October 2024

RENEWAL CHAPEL LIVERPOOL CHURCH- Ststement of Financial Activities for the year
ended 31 December 2023
Statement of Financial Activities for the year ended 31 December 2023
SORP
Current year
Currgnt yoar
Rtstrict¢d
Cuvrort year
T4)tsl F¥thd¥
Priorvear
Tolal Funds
Funds
2023
2023
2023
2022
Incom¢ & Endowments from:
Donations & Legacies
Al
23.280
23,280
11,246
Expenditure on-
R31sing funds
Charitable a¢tivrties
B1
B2
4.753
4.983
4.753
4,983
2.199
3,695
Total expenditure
9.736
9,736
5,894
Net income for the year
13.544
13.544
5,352
Translern be￿een ￿ndS
Net income after transfers
A-B-C
13,SU
13.544
5,352
Net movement In funds
13,544
13,544
5,352
Reconciliation of fund$:.
Total fund5 brought forward
14.320
14.320
8.968
Total lund$ ¢arrb8d forwaril
27,864
27.864
14,320
The'SORP Ref indicate(l above 1$ the clas5ffjcation of incc¥Y* 8et out in the formal SORP tlocuments. As required by
pafagraph 4.60 of the SORP. the brought forwar¥J and carri￿1 forwafd fvnds above have t)een agreed to the Balan¢e
Sheet
A separate Ststement of fotal Rewnised Gains and Losse5 15 nol wuired as this statement Includes all ￿COgnised
gain5 and losses.
All the prior year Iran5acttons unrestricte(l It￿5. and no further anatysis is required
All activities derive from continuing operations
10

RENEWAL CHAPEL LIVERPOOL CHURCH . Statement of Flnancial Actlvltles for the year
ended 31 December 2023
11

RENEWAL CHAPEL LIVERPOOL CHURCH- Statement of Financlal Activities for the year
ended 31 December 2023
12

RENEWAL CHAPEL LIVERPOOL CHURCH _ Statement of Financial Activities for the year
ended 31 December 2023
RENEWAL CHAPEL LIVERPOOL CHURCH- Resources applied In the year ended 31
December 2023 towards fixed assets for Charlty use:.
2023
2022
Funds generated in the year a5 detailed in the SOFA
Resource8 applied on functional fixed assets
Other applications of fund$
13,544
12.2671
5.352
Net resources available to fund charftsble J¢tlvltles
11,277
5,352
13

RENEWAL CHAPEL LIVERPOOL CHURCH - Statement of Financial Activities for the year
ended 31 December 2023
Movements In revenue and capital lund$ for the year ended 31 December 2023
Revenue accumulated funds
Unrestrfcted
Total
Last year
Toral Funds
2022
Fund¥
Fund$
Fvnd¥
2023
2023
2023
Accumulated funds brought foward
14.320
14.320
8,968
Recognised gain$ and losse5 L*fo
Iransfer5
13.544
13,544
5,352
27,864
27.864
14,320
IFrom)ITo ynrestncte(S revenue funds
Closlng revenue funds
27.864
27,864
14,320
Summary of funds
Unrestrfcied
and
Oe51gnaied
2023
Total
La$t Year
Funds
Fut)ds
Tolal FuniJ8
2023
2023
2022
Revenue accurnul8ted ftjnds
27.864
14,320
14

RENEWAL CHAPEL LIVERPOOL CHURCH . Statement of Financial Activities for the year
ended 31 December 2023
RENEWAL CHAPEL LIVERPOOL CHURCH
Income and Expenditure Account forthe year ended 31 December 2023 as required by the
Companies Act 2006
2023
2022
Incomg
Income from operats'ons
23,280
11,246
Investment inccxr
Gros$ Income In the year befor* ex¢eptlonal ttems
23.280
11,246
Gross Income In Ihe year Ineludlng exCeP￿onal items
23,280
11,246
Exper￿ltUr*
ch8rilats￿ expenditu￿. excluding depwiation arKI amorbsati
Fundraising costs
Rea115ed105ses Ilisposal$ of sooal investrnents which a￿ progranTh ￿8¢ed
3,994
4.753
3.695
2.199
Total expendlture In the year
9,736
5,894
Net Income before tax In the financlal year
13.S44
6.362
Tsx on $urplus on ordinary act￿Ttl&S
Net Income after ts¥ In the flnan¢lal year
13,544
5,352
Retained surplus for the financial year
13.544
6.362
All activities derive from continuing operations
In accordanr£ Iwth the provisions ol Companies A¢t 2fKffj. the headiny$ and subheadings used in the Incorne and
Expenditure account have been adapted to ￿lleCt the s￿181 nature of the Charity's activities.
15

RENEWAL CHAPEL LIVERPOOL CHURCH - Balance Sheet as at 31 December 2023
SORP
Note Ref
2023
2022
Frxed assets
Tangible assets
3.955
2,677
Current assèts
Cash al bank and in hand
24.309
12,043
CredStors'. arnounts falling duè within
one year
9 C1
I4￿)
14001
Net Cul￿nt assets
23.909
11.643
The total net assets of the Charity
27,864
14,320
The total net assets of the charfty arn funded by the funds of the charity. as tollows:.
Restricted fund5
Unrestrlcte(l Funds
Unrestricted Revenue Funds
14 D3
27.864
14,320
27.864
14,320
Designated Funds
Totsl charity funds
27.864
14.320
The 'SORP Ref indicated above bs the cla55ification of Balance Sheel itern5 as set out in the formal SORP
documents. A5 required by paragraph 4.60 of the SORP. the brtyjghl foward and carried f¢Th8rd funds above
have been agreed to the SOFA..
Thè TIu5tees acknowtedge their responsibilities for eomplying with thè Tequiremenls of charity legislation wth
respect to accounling records and the pieparalion of accounts.
The Trustees are satisfied Ihal. although the charrty bs not registered under the Companies Act5. if il were so
registered, it would be eligible to prepare accounts in accordance the prowsions in Part 15 of the
Companies Act 2CX)6. applicable lo companies subject to the 5m811 rL*npanies re9ime.
John Stephen Chaman
Trustee
Approved by the board of Iiustees on 31 O¢tober 2023
16

RENEWAL CHAPEL LIVERPOOL CHURCH - Balance Sheet as at 31 December 2023
Th? notes attached on pages 19 to 20 form an Irrte9fdl part of these accounts.
17

RENEWAL CHAPEL LIVERPOOL CHURCH
Notes to the Accounts for the year ended 31 December 2023
1 Accounting policies
Policies relaring to the productlon of the accounts.
Basls of p￿paratIOn and accounting convention
The accounts have been prepared on the accruals basis, under the historical c05t convenb'on. and in
accordance with the Financial Reporting Standard 102. leffe¢live 1st January 20161 and 'FRS 102 SORP
Islalement of Recommended Practice lor Accounting and Reporting by Charities) 2015, las amended by
the BLJllelin issued in October 2018 and applicable lo all accounting periods beginning on or after 1st
January 20191, IThe SORPI, published by the Charity Commission in England & Wales ICCEWI ,
effective January 2016, and in a¢cordance with all applicable law in the charity's junsdiclion of
registration, except that the charity has prepared the financial $18lements in accordan¢e with the FRS 102
SORP Islalemenl of Recommended Practice for Accounting and Reporting by Charities) 2015. las
amended by the Bulletin iSSLJed in October 2018 and applicable to all accounting peTrod5 beginning on or
after 1 st January 20191. IThe SORPI, in preference ro the previous SORP, the SORP 2005. which ha5
been withdrawn, notwithstanding the fact that the extanl statutory ￿gUlations, the Chanlies (Accounts and
Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current
Risks and future assumptions
The church Is a pu￿rC benefit entity. Economic dofftums or unexpected financial challenge5 Tnay impact
the donations received by the Church. This can lead to difficulties in funding projects and delivering the
Intended services lo the community. The church assume5 that technological advancements will Continue
to improve ils operations, fundraising capabililfes. and communicats.on with donors and beneficianes. 11
anticipates leveraging digital platforms and tools lo enhance efficiency and reach a wder audiÈn¢e.
Policies relating to Categories of ineome and income recognition.
Policies relating to expend1tts￿ on goods and Se￿IceS provlded to the cha17ty.
Volunteers
In accordance wlh the SORP. and in TeGognition of the difficulties in placing a monetary value on the
contribution from volunteers, the contribution of volunteers Is not included wlhin the income of the charity.
However, the Iruslees value the significant contribution made lo the aebvities ol the charity by unpaid
volunteers and this 15 described more fully in Note5.
Policie5 relating to assets. Ilabllities andpmvisions and other matter5.
Tangible fixed assets
Tangible fixed assets are measured at their original cosl value, or subsequent revaluation, or If donated,
as described above. Cost value includes all costs expended in bringing the asset into its intended working
condition. If there is a minimum amolsnl below which items are not capilalised.
Depreciatlon has been provided al the following rates in order to write off the assets to their anticipated
residual value Over their estimated useful lives.
Freehold premises
Leasehold premises
Plant and machinery
Motor vehicles
O % slraighl line
2 % straight linè
20 % slraighl line
25 % straighl line
18

RENEWAL CHAPEL UVERPOOL CHURCH
Not•$ to th¥ Ac¢ounts for the year ended 31 D¢¢•mber 2023
A iegular annual ￿VIeW of the likelihood of asset impaimient is undertaken.
Credltors and provislons
Creditors falling due Nwthin one year are other credito￿.
Fund Accounting
Unrestricted funds are available for use al the discretion of the trustees in furtherance of the general
objectives of the eharity.
There are no designated funds.
There are no restricted funds
There are no endowment funds.
2 Liability to taxation
The Trustees consider that the charity satisfies the tests Sel out in Paragraph 1 Schedule 6 of the Finance
Act 2010 for UK ¢orporalion tax purposes. Accordingly, the Charity is potentially exempt from laxalion in
respect of income or capital gains received within categories covered by Ghapler 3 part 11 of the
Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that
such income or gains are applied exclusively on the specific charitable objects of the charity and for no
other purpose. Value Added Tax is not ￿cOverable by the charity. and is therefore included in the relevant
costs in the Stalement of Financial Activities.
3 Winding up or dissolutlon of the chartty
11 upon winding up or dissoluts.on of the charity there remain any assets, after the satisfaction of all debts
and liabilities. the assets represented by the accumulated fund shall be transferred to some other
charitable body or bodies havinq similar obiecls to the Charity.
4 Significance of financial instruments to the charity'5 Position
There are no significant implications of such matters.
S The contribution of volunteers
The charity depends on the support of its volunteers, which is much appreciate(J. The charity had 4
Volunteers who donated 832 hours of their time stewarding events. The volunteers and the charity accept
and agree that no contracl of employment is created by these arrangements.
No employees received emoluments {excluding pension costs} in excess of £60.000 per annum.
6 Defined contrlbutlon pension schemes
The charity does not operates defined contribution pension scheme.
7 Remuneration and payments to Trustees and per50n5 connected wlth them
19

RENEWAL CHAPEL LIVERPOOL CHURCH
Notes to the Accounts for the year ended 31 December 2023
No Iruslees or persons connected with them received any remuneration from the chanty. or any related
entity.
8 Tanglble fixed assets
Current Year
Land and
Plant &
Buildings Machinery
Motor
Vehicles
Totsl
Cost
Al 1 January 2023
Additions
2.677
2.267
2.677
2.267
At 31 December 2023
4,944
Depreciation
At 31 December 2023
989
989
Net book value
At 31 December 2023
3,955
3.9SS
At 31 December 2022
2,677
2,677
Prior Year
Land and
Plant &
Buildings Machinery
Motor
Vehlcles
Total
Cost
(2.677)
12,677)
Depreciation
Net book value
All assets are used for direct charitable purposes.
9 Creditors: amounts falling due withln one year
2023
2022
Other creditors
400
400
10 Loans to trustees included In debtors
20

RENEWAL CHAPEL LIVERPOOL CHURCH
Not¢$ to the Accounts for the year ¢nded 31 December 2023
11 Guarantees made by the charity on behatf of trustees
12 Income and Expenditure account summary
2023
2022
At 1 January 2023
Transferts in for the year
At 1 January 2023
Surplus after tax for the year
14,320
8,968
14.320
13.544
8,968
5,352
At 31 December 2023
27,864
14,320
13 Partlculars of how partlcular funds arg represented by assets and liabilities
At 31 December 2023
Unrestrictei Deslgnated Restrlcted
lunds
funds
funds
Totsl
Funds
Tangible Fixed Assets
Current Assets
Current Liabilities
3,955
24,309
{4001
3.9SS
24.309
14001
27,864
27,864
At 1 January 2023
Unr•stri¢tK Deslgnat¥d Restrlct¥d
funds
funds
funds
Totsl
Funds
Tangible Fixed Assets
Current Assets
2,6T7
12,043
2.677
12.043
14,320
14,320
14 Changa In total funds over the year as $hown In Note 13 . analysed by Indlvldual funds
Funds
Movement
brought In funds In
forward
2023
from
Transfers
between
funds in
2023
Funds carrled forward to
2024
See Note 15 See Note 16
Unre5trlcted and designated funds...
Unrestricted Revenue Funds
14.320
13,544
27,864
Totsl unrestrlcted and deslgnat 14,320
13,544
27,864
Total charity funds
14.320
13.$44
27.864
21

RENEVVAL CHAPEL LIVERPOOL CHURCH
Note5 to the Account5 for the year ended 31 December 2023
15 Analysis of movements in funds over tho year as shown in Not• 14
Other
Gains &
Losses
2023
Income ExpendFture
Movement
In funds
2023
2023
2023
Unrestrlcted and designated funds...
Unreslricled Revenue Funds
23,280
19.7361
13,544
23.280
9,736
13,S44
22