The Charity Registration Number is :_ 1191670
RENEWAL CHAPEL LIVERPOOL CHURCH
Report and Accounts
31 December 2024

RENEWAL CHAPEL LIVERPOOL CHURCH
Report and accounts for the year gnded 31 December 2024
Contents
Page
Charfty infomiation
Trustee5' Annual Rèport
Stat•ment of Trustee$s' f•sponglbS1itie8
Independent A¢countarf¥ Report
Funds Statèmènts...
Statement of Financial Activiti$$
Movements in lunds
Incorne and Expenditure account
Balance shaèt
Notes to the accounts
10
14
15
16
18

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustees. Annual Report for th¢ year end8d 31 D¥¢ember 2024
The Trustees present Ihesr ReFwM and Acoyjnts for the year ended 31 December 2024.
Reference and admlnistrative details
The charity namo.
The legal name of the Charity is:. RENEWAL CHAPEL LIVERPOOL CHURCH.
The charity is also knovm by its operating name, RENEWAL CHAPEL LIVERPOOL CHURCH.
The charity's ar•as oper•tion and UK ¢haritsble Kvglstratson.
Th8 charity is registered in England & Wales wth the Charity Commission in England & W8les ICCEW) Mlh
charity numbor 1191670.
The charity does not operate in any ovgrseas jurisdiciion$.
Legal stru¢tUTe of the charity
The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The
governing d￿UMent of the charity 1$ the con5ti1uiion of tho CIO as approved by the Charity Commission in
England & Wales {CCEW) .
The goveming document is dated Cfj October 2020
There are no restrictions in the govemin9 documents on the operation of the Charity or on ils
investment powers other than those imposed by Charity Law.
The trustees are all individuals.

RENEWAL CHAPEL LIVERPOOL CHURCH
Tru¥tees' Annual Report for the y•ar •ndÈd 31 De¢ember 2024
The prinelpal opèrating add￿$$. telephone numbèr. •mail and web add￿SseS of the charity arè=.
15 COLLEGE CLOSE
PRENTON,
CH43 9XP
Telephone'07840255766
Email Addrèss $lephen.thaman
gmail.i))rn
Web address https".Ihensvralch8pelliveTpool.orgl
The Trustees In offie• on thè date the report was approved ￿r#._
Shahid Mahmood
John Stephen Chaman
Shamim Xavier
Thè ft*llowing per59ng ¥erved as Twsto88 durfng the y•ar•ndod 31 Dècern￿r 2024 :.
The trustees who served as a trustee in the reporting period were as shown above. and there were no
changes during the year. or in thè period betr￿n Ihe year end and the approval of the accounts.
All the Iruslees are also members of the charity.
Objects and activities of the charity
The purpose3 of the ¢harity as set out in its governing documenL
To advance the Christian religion for the benefit of the public in Liverpool in accordance with the
statement of faith by holding services of prayer and worship, providing faith leaching and delivering
Christian outreach.
The main activities undertaken in relation to those purposes during the year.

RENEWAL CHAPEL LIVERPOOL CHURCH
Truste￿, Annual Report for the year ended 31 Dèe•mber 2024
Throughout the course of the year, the dedicated team at the RCLC meliGulously adhered lo the
comprehensive guidelines laid out by the Commission on matters of public benefit. We focused our
efforts on the specific provisions and detsiled 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 only in accordance with these guidelines but also served to
embody the core tenets of our faith.
Our commitment to inclusivty and community engagement was reflected in our approach. We
extended a warm and welcoming invitation to individuals from all walks of life. enabling them lo
become an integral part of the parish community. Within the nurturing embrace of our center, we
offered a sacred space for worship and contemplative prayer, creating an environment that
fostered spiritual growth and connection to the divine.
As part of our educational efforts, we diligentty provided comprehensive teachings on the Gospel,
illuminating the profound rnessages contained wtthin its sacred lexts. 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
to explore their spirityality and engage with the rich tapestry of religious Iradilions.
Furthermore, our pastoral care inrtiatives were a leslament to our commitment lo the well-being of
those in the parish community. We undertook missionary work with a heartfelt dedication, striving
to reach out lo individuals in need and those who sought spiritual guidance. Our outreach
programs were designed to offer solace and 5UPPOrt, ensuring that no one in our parish fett alono
or without the nurturing care of a community that shared their faith.
Our activities at the RCLC over the year were characterized by a meticulous adherence lo
guidelines, an open and inclusive approach to community involvement. comprehensive religious
education, and a genLEine commitment lo pastoral care for our parish members, demonstrating our
unwavering dedication to promokn.ng the advancement of reli9KJn and public benefft in OUT
community.
The main activities undertaken during the period

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustèe$' Annual Report forth• ytar ènded 31 Decemb•r 2024
The RCLC is committed to providing an array of serviees throughout the year. carefully designed lo
meet the spiritual and communal needs of our diverse community. Our programs have been
thoughtfully slruclured to offer enriching and spiritually satisfying experiences.
One of the comerstones of our offerings is the Sunday prayer servi￿. a cherished 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 serviees serve as a source of solace and inspiration. allomng
attendees lo deepen their relationship with their fath.
In addition to our prayer seNices, we have cultivated a nurturing environment for young people lo
explore and learn about Christianity and the beliefs of our church. Through engaging and age-
appropriate programs, we aim to impart the foundational teachings of Christianity, fostering a
strong foundation for their spiritual growlh.
Our efforts have also been directed towards welcoming families with children into our church
community. In doing so, we have played a pivotal role in enhancing their understanding of Christian
beliefs. By offering educational pro9rams and resources, we have contributed to the spiritual
development of not only the adults bul also the younger members of our congregation, thus
nurturing a multi-generational environment of faith.
We extend a wami and open invitation to everyone in our community to join us for our regular
services. Currently, our congregation boasts with 90 new members welcomed over the course of
the year. Testament to our vibrant and inclusive community, our average weekly attendance
throughout this year has been a commendable 90 individuals, showcasing the dedication and
active engagement of our congregation in the spiritual life of the RCLC.
RCLC offers a comprehensive suite of services and aclivilies designed to cater lo the diverse
needs of our community. whether through prayer. youth education. or fostering a welcoming
atmosphere for families. We take pride in our growng congregation, reflective of the positive
impact our cenler has in the lives of those who seek spiritual enrichment and community
engagement.
The trustee8 have had regafij to the Charity Commission's guidance on public benefit rn managing the
activities of the charity.
The main achievements and perforniance of the charity during the year.
Through a meticulously pSanned array of services and acbvilies, 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 intimate and
peaceful space for worship and reflection. Furthemore, the church's unwavering ded1calion lo
providing young people with opportunities to explore and understand Christian beliets has
contributed to the religious education and development of the next generation. A significant
accomplishment has been the wami embrace of families wth children, resulting in increased
understanding of Christian beliefs within this demographic_ In essence, the ehurch's performance
underscores ils role as a beacon ol spiritual enrichment and inclusive community engagement.

RENEWAL CHAPEL LIVERPOOL CHURCH
Trust8¢s' Annual Report for the year ended 31 December 2024
The difference the charity's perfomiance during the year has made to the
beneficiaries of the charity.
The church's perfonnance during a SFeCtfie period has made several drfferen¢es in te￿nS of
benefits to its beneficiaries, which include the congregation and the wider community.
Spiritual Growth and Conneth"on'. The church's perfomiance can impacted the depth of spiritual
growth and connects.on experienced by its congregats"on. Providing more in-depth and engaging
religious services. semions. and programs can lead to a stronger sense of spiritual fulfillmellt and
8 closer connection to their faith.
Youth Engagement and Education.. The qualty and variety of programs offered to young people
can signifiCan￿Y impact their understanding of Christianity. Enhanced educational inib"atives,
engaging ?clivilies, and OpportUn￿eS for Fefsonal grthvth Fxowded a more profound impact on the
younger members of the congregakn"on.
Community Inclusivity.. The church's commitment to welcoming families wrth children and fostering
a sense of community can created a more inclusrve and bghly-knrt parish. A church's perfomiance
in creating an atmosphere of wamith and belonging made a significant benefft to both current
members and newcomers.
Community OLrtreach.. The impact of the church's outreach programs and support for the wider
community measured in tem)s of the number of people assisted, the depth of support provided.
and the positive changes brought about in the lives of those in needed.
The degree to which the achievèments and perforniance during the year have
benefited wlder society.
The church has tskn"sfactority ach￿ed the ￿￿f0MlanCe metrics and goals as discussed above,
and this success has extended its benefits to a broader s¢xielal context. The achievement5 and
perfomance of the church durin9 the per￿1 have indeed beneffted the wder society in several
meaningful ways.
Structure. governance and management of the charity
Tho methods used to recrult and appoint new charity trustoos.
The existing trustees are responsible for the recrurtment and app)intrnent 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
posrtive contribukn.on to the charity. Any new trustees must go through one-year probation before
they become perrnanenl members.

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustees, Annual R•p)rt for the year ended 31 December 2024
Financial review
The charity's financial position at the end of the year ended 31 December 2024
The financial F)osib"on of the chanty al 31 December 2024 and comparakn"ve5 for the prior period. a5
more ftjlty detailed in the accounts, can be summarised as follows.'-
2024
2023
Nèt in¢orne
13.544
Unrestn"¢ted Revenue Funds available for the
general purposes of the charty
33,059
23,909
Total Funds
33.059
23,909
Financlal review of the position at the repo￿.ng date, 31 December 2024.
Funds available are sufficient to pemiit Ihe charity lo continue operating in the mediuffl to long
lemi. The day-to-day running of the church is supported by voluntsry donations. There are no
uncertainties about the charity conb"nuing as a going concem.
Policies on reserves.
Reserves are vital for ensuring the long-lerm financial stabilty and sustainabiltty of the church,
enabling it to fulfill ils mission, support its operab"ons, and provide ongoing services lo the
community.
The church has the follow.ng policies:
1 Operab"ng Reserve.. This reserve is designated to cover short-tem cash flow fiuctuations,
unforeseen expenses, and ernergencies that may arise during the church's day-to-day operations.
It ensures that essen1121 seNices and prc¥Jrams can be maintained wrthout interruption.
2 Expansion and Development Reserve." This reserve is earmarked for future expansion.
development projects. or major caprtal expenditures_ It aims to support the church's growth and
strategic initsatives, including the constnjction or acquisition of addib.onal facilities to accommodate
the evolving needs of the eommunity.
The mosqLte's reserve p)licy is communicated to relevant stakeholders. including the board of
Iruslees, church management, and the communty. to foster transparency, understanding, and
confidence in the church's financial management practices. This resave policy is reviewed
peai)dically. or as necessary, to ensure its al￿nMent with the church's evolving financial needs and
compliance with applicable regulats.ons and best practices. Any revisions or updates to the policy
shall be approved by the board of trustees.

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustees. Annual R•port forthg year gnded 31 December 2024
Availability and adequacy of assets of each of the funds
The board of trustees is salisfied that the charivs assets in each lund are available and adequate
lo fulfil its obliqations in respect of each fund.
Statement of Trustees. Responsibilities
The charitys trustees are responsible for the preparation of the accounts in accordance with the
terms of the Charities Ael 2011 and the Charities (Accounts and Reports) Regulations 2008.
NO￿lth51anding the explicit requirement in the extant statutory regulalions,the Charities {A¢counts
and Reports) Regulations 2008, to prepare the financial stslemenls in accordance with the SORP
2005, in view of the fact that the SORP 2005 has been wlhdrawn, the Trustees detemined to
interpret this resFX)nsibility 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 Charities) 201 S, las amended by the Bvllelin issued in October 2018 and
applicable lo all accounting periods beginning on or after 1s1 January 2019), (The SORPI,
In particular, charity law requires the Tnjstees. if they prepare accounts on an accruals basis, lo
prepare financial statements for each financial year which give a true and fair view of the slate of
affairs of the charity as at 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 a¢Gordance wtth United Kingdom Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable lawl.
- select suitable accounting policies and appty them consistenUy'.
make judgements and estimates that are reasonable and prudent.,
prepa￿ the financial statements on the going concem basis unless il is inappropriate
to presume that the charity will continue in business;
State whether applicable accounting standards and statements of
recommended practice have been followed, subject lo any material
departures disclosed and explained in the financial statements.,
The law requires that the trustees musl not approve the accounts unless they a￿ satisfied that
they give a true and fair view of the slate of affairs of the charity and of the surplus or deficit of the
charity for the year.
The Trustees are also responsible for maintsining adequate accounting records which disclose
with reasonable accuracy al any time the financial position of the charity and which are sufficient to
Show and explain the charity's transactions and enable them to ensure that the financial
statements compty 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 irregularities.

RENEWAL CHAPEL LIVERPOOL CHURCH
Trustees, Annyal Report for th¢ year ended 31 D•¢ember 2024
The Trustèes are also responsible for the conlents of the Trustees. repc•rt. and ihe statutory responsibility of
Ihe Independent Examiner in relation to the Truslees. report is limited to examining the report and ensuring
Ihat, on the tsce ol the report. there are no material inconsistencies vrith the figures disclosed in the financi81
$tslements.
This ￿pOrt was approvèd by Ihe board ol trusteÈs on 25 October 2025.
John Stephen Chaman
Trustee

RENEWAL CHAPEL LIVERPOOL CHURCH
Roport of the Independent A¢¢ountant to the Trustees of the charfty on the accounts for the
year ended 31 December 2024
We report on the financial statements of RENEWAL CHAPEL LIVERPOOL CHURCH for the yè8r ènded 31
December 2024, as Set out on pages 10 to 17, which comprise the Statement of Financial Activities, the
5ncome and Expenditure Ac¢ount. the Balance Sheet and the related notes to the financial statements,
inclLJding a summary of significant accoun15ng poli￿es. In our opinion. ihe acLompanying financrdl statements
of the charity are prepared, in all material respècts. in atcx)rdance wilh charity law applicable within the
jurisdiction ol England & Wale$ and the ar£ounts have been prepared in accordance with FRS 102 SORP
(Slalement of Recommended PraGtKe for Accounting and Reporting by Charities} 2015, las amended by the
Bulletin issued in October 2018 and applirable lo all a￿ounting periods beginning on or after 1st January
20191, (The SORP}, published by the Charity Commission in England & Wales ICCEW) , effeCt￿e Janijary
2016, under the histori¢al c05t convention. and in accordance with the accounb.ng policies set out on page
18, which framework GorTrstitutes the applicable United Kingdom Generalty Accepted Acwunting Practice_
Respective re$ponsTrbilities of the dlyectors and the accountant
As described on page 7. you, the charity's TnJstees ale Trswnsible for the preparation of the accounts.
The Trustee5 consider that the audit requirement of Se¢b"on 144111 of the Charitie5 Act 2011 (the Act) does
not apply, and that there is no requirement in the Go¥ernirvJ Document for the conducting of an audit. Tho
Trustees also consider the charity lo be exempt from the requirement to be subjeci tr) Inde￿nd￿nI
Examination.
Our responsibility 15 to prepare accounts upon the basis of the inf0m￿tIOn supplied to us. v￿Out conducting
any fomal scruliny.
No statement of opini<)n
We have not carried out any auijit prC￿dUre5 and have Telied u[￿ inf0m￿tIOn supplied to us by the
Trustees. and the information supplied by the Tnsstees in Ihe course of the examination is not subjected to
audit tests or enquiries, ar￿ consequenuy we do not express an audit or other assurance opinion on th& view
given by the accounts.
Slgned-.
AAHIL & CO.
Accountants Lid.
Chartered CeriTrliedAccotsnlanl$
4a Smithdown Road. Liverpool
UK, L74JG
01517335679
www.aahilandco.co.uk.
Aahll & Co Ac¢ounlants L¢d- IndependentAccountant
ACCA
4a
Smithdown road
Liverpool
United Kindom
L7 4JG
This report Wa8 signed on 26 October 2025

RENEWAL CHAPEL LIVERPOOL CHURCH - Statement ol Flnancial Actlvlties for the year
ended 31 DeGember 2024
Statèment of Financial Actlvities ft)r the year ended 31 December 2024
SORP
un•ntyfrar
Urbrestrlct
Funds
Currert yo•r
R¢*trl¢t•d
Funds
Currnntyear
Total Fur
PvlorYe•r
Total Fun
2024
2024
2024
2023
Income & Endowmients from:
Donations & Legacies
A1
17,944
17.944
23,280
Expenditure on..
Raising funds
B1
82
4.753
4.831
4.753
4,831
2,199
7,537
Total expendltur8
9.$84
9.$84
9.736
Net Income for thè year
8.360
8.360
13.544
Tran$fer5 bets￿n funds
Net income after tran8feYs
A-8-C
8.360
8.360
13,514
Net movement In funds
8.380
13,544
Reconciliation of funils-_
Total funds brought forward
27.864
27,864
14.320
Total funds carried forward
36,224
36.224
27,864
The'SORP Ref indicated above is the dassificalKJn of in¢ome set out in the formal SORP documents. As required by
par8gr2ph 4.60 of the SORP, the brought foTrord and carried forward lurtls above have been agreed 10 the Balance
Sheel.
A separate Statement of Total Recognised Gains and Losse5 is not required as this Statement ind￿¥ all ￿¢0￿nis￿d
gain5 and losses.
All the prior year transactions unresthcted rterns, no further anatysis is required
All activities derive from continuing operations
10

RENEWAL CHAPEL LIVERPOOL CHURCH - Statement of Flnanclal Activities for the year
ended 31 December 2024

RENEWAL CHAPEL LIVERPOOL CHURCH - Statement of Flnanclal Activities for the year
ended 31 December 2024
12

RENEWAL CHAPEL LIVERPOOL CHURCH - Statement of Financial Activitleg for the year
ended 31 December 2024
RENEWAL CHAPEL LIVERPOOL CHURCH - Resources applled In the year ended 31
December 2024 towards fixed assets for Charity u$e:_
2024
2023
Funds generated in the year as detai￿ in thè SOFA
Re50urce$ applth on functional fixed a5sels
Other applications of funds
8.360
13,544
Net resources avallable to fund charltable actlvlties
8.380
13.544
13

RENEWAL CHAPEL LIVERPOOL CHURCH - Statement of Finan¢lal Activities for the year
ended 31 December 2024
Movgments In revenue and capltsl funds for the year ended 31 December 2024
Revenue a¢¢umulated funds
Llthr•strf¢i•d
Restrictsd
Totsi
Last yg¥r
Total Fund5
Funds
Fund¥
Funds
2024
2024
2024
2023
Accumulated funds brought fowdrd
27.864
27,864
14,320
Re¢o9nised gains and 105ses befo
transfers
8,360
13.544
,224
36.224
27,864
IFromyfo un￿stricted revenue fuThJs
Closlng revenue lund$
36,224
38,224
27,864
Summary of funds
Unrestricted
Total
LAgtY&ar
F¥nd$
Funds
Toial Funds
Deslynat•d fvndg
2024
2024
2024
2023
Revenue accumulated funds
36,224
36,224
27.864
14

RENEWAL CHAPEL LIVERPOOL CHURCH - Staternent of Flnanclal Activltles for the year
ended 31 December 2024
RENEWAL CHAPEL LIVERPOOL CHURCH
Income and Expenditure Account for the year ended 31 December 2024 as required by thè
Companies Act 2006
2024
2023
Incomè
Income trorn operation5
17,944
23.280
Investment income
Gr05s income in th• year beforn •x¢•ptional ltsms
17.944
23,280
Gros¥ income in the y￿r including Èxceptional Item8
17,944
23,280
Expendltutp
Charitable expenditure. excluding depreciation ar¥J amortisats.on
Fundra151ng costs
Realised losses on disposals of sooal inwlmenls which are prCo3rarnw￿ relaied
4.040
4,753
6.548
2.199
Total •xp8ndltur• In the ygar
9.S84
9,738
N•t Income before tsx In th¢ fln•n¢lal year
8,360
13.644
Tax on surplus on ordinary activit￿8
Net Income after tax In th• finan¢lal y•ar
8,360
13,644
R•tsln&d surplu$ for the flnan¢lal ygar
8,360
13.644
l activities derive from continuing operations
In accordan￿ with the provisions of the C(ryanes Act 2(kn. Ihe headings and subheadings used in the Incorne and
Expenditure account have been adapied to refle¢t the SFerial nature of the ¢haritl$ activities.
15

RENEWAL CHAPEL LIVERPOOL CHURCH- Balance Sheet as at 31 December 2024
SORP
Note Ref
2024
2023
Flxèd assets
Tangible assets
3.164
3.955
Current assets
Cash al bank and in hand
24,309
Crèditors.. amounts falllng due withln
one year
9 C1
{4W}
14001
N•t current assets
33,060
23,909
The total net assets of the charoty
36,224
27.864
The total net assets of the charity are fund•d by the funds of the charity. as follows-.
Restri¢ted funds
Unrestricted Funds
Unrestricted Revenue Funds
14 D3
36.224
27.864
36,224
27,864
Designat•d Funds
Total charity funds
36,224
27,864
ThÈ'SORP Ref indicated above is the dassificalion of Balance Sheet items as set oul in the fotrnal SORP
documents. As required by paragraph 4.60 01 the SORP. the brought forwaid and carried forward funds above
have been agreed to the SOFA..
The Trustees acknowtedge their responsibiltlses lor complwng wtth the reqU1￿MentS of charity legislation with
respect to accounting recor(Is and the preparation of acGounls.
The Trustees arè satisfied that. although the charrty is not registered under the Companies Acts, rf it were so
registered, il would be eligible to prepare accounts in accordance vthh the provisions in Part 15 of the
Companies Act 2006. applicable to companies subiect lo the small companie5 regime.
John Stephen Chaman
Tru81ee
Approved by thè tK)aid of trustees on 25 October 2025
16

RENEWAL CHAPEL LIVERPOOL CHURCH - Balance Sheet as al 31 De¢ernber 2024
The notes attached on pag•s 18 to 22 fomi an Integral part of these accounts.
17

RENEWAL CHAPEL LIVERPOOL CHURCH
Notes to the Accounts for the year ended 31 December 2024
1 Accountlng pollcles
Policie5 relating to the production of the accounts.
8asls of preparation and accounting conventlon
The accounts have been prepared on the accruals basis. under the hislorieal eost convention, and in
accordance with the Financial Reporting Standard 102. (effective 1st January 20161 and 'FRS 102 SORP
Istalement of Recommended Practice for Accounting and Reporting by Charities) 2015, las amended by
Ihe Bulletin issued in O¢tober 2018 and applicable lo all accounting periods beginning on or after 1 st
January 20191, tfhe SORPI, published by the Charity Commission in England & Wales ICCEWI .
effective January 2016, and in accordance wlh all applicable law in the charity's jurisdiction of
regislrab'on. except that the charity has prepared the financial statements in accordancè with the FRS 102
SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015. las
amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or
after 1 st January 2019}, (rhe SORPI. in preference lo the previous SORP, thè SORP 2005, which has
been withdrawn. notwithstanding the fact that the exianl statutory regulab"ons. the Charities (Accounts and
Reportsl Regulations 2008 refer explicitly to the SORP 2005. This has been done lo accord with current
Rl$ks and future assumptions
The church is a public benefit entity, Economic downtums or unexpected financial challenges may irnpact
the donations received by the church. This can lead to difficulties in ftjnding projects and delivering the
intended services to the community. The church assumes that technological advancements will continue
lo improve ils opefalions. fundraising capabilities. and communication wth donors and beneficiaries. 11
anlicipales leveraging digTtal platfomis and tools lo enhance effieieney and reach a wder audience.
Policle$ relaung to ¢ategorles of Income and Income reeognitson.
Poll¢le$ relatlng to expendhure on goods and services provided to the charlty.
Voluntsgrs
In accordance wlh the SORP, and in recogniknon of the difficulties in placing a monetary value on the
Contribution from volunteers. the contribution of volunteers is not included within the income of the charity.
However. the trustees value the significant contribution made to the a¢livits"es of the charity by unpaid
volunteers and thi5 15 described more fully in Note5.
Pollcles relatlng to assets. liabilities andprovisions and othermatters.
ranglble flxed assets
Tangible fixed as5els are measured at their original cost 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 the￿ is a minimum amount below which items are not capitalised.
Deprè¢ialion has been provided at the following rates in order to write off the assets lo their anticipated
residual value over their estimated useful lives.
Freehold premises
Leasehold premises
Plant and machinery
Motor vehicles
O Oh straight line
2 % straight line
20 % straight line
25 % straight line
18

RENEWAL CHAPEL LIVERPOOL CHURCH
Notes to the Accounts for the year ended 31 De¢ember 2024
A regular anrsual review of the likelihood of asset impairment 18 undertaken.
Creditors and provisions
Creditors falling due wlhin one year are other ueditors.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the charity.
Thefe S￿ no designated funds.
There are no restricted fund$
There are no endowinent funds.
2 Liability to taxation
The Trustees consider that the chanty salisffies the tests set out in Paragraph 1 Schedule 6 of the Finance
Act 2010 for UK corporation tax PLtrposes. Acwrdingly, the Charity is potentially exempt from taxation in
respect of income or eapilal gains received within categories covered by chapter 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 recoverable by the charity. and is therefore included in the re5evant
C051s in the Slalemenl of Financial Activities.
3 Winding up or di$solution ofthe charity
11 upon winding up or dissolLrtion of the challty there remain any assets, after the satisfaction of all debts
and liabilities. the assets represented by Ihe accvmulaled fund shall be transferred to some other
charitable body or bodies havina similar objects lo the charity.
4 Significance of financlal Instruments to the charlty's posltlon
There are no significant implications of such matters.
S The contribution of volunteers
The charity depends on the support of ils volunteers, which is much appreciated. The charity had 4
Volunteer5 who donated 832 hours of their lime stewarding events. The volunteers and the tharity accept
and agree that no contract of employment is created by these arrangements.
No employees received emolum$nts (excluding pen$ion costs) in excess of £60,000 per annum.
6 Deflned ¢ontrlbutlon penslon ￿heM¢S
The charity does not operates defined contribution pension scheme.
7 Remuneratlon and payments to Trustees and persons connected wlth them
19

RENEWAL CHAPEL LIVERPOOL CHURCH
Notes to the Accounts for the year ended 31 Decembèr 2024
No trustees or persons connected wth them received any remuneration from the charity. or any related
enlily.
8 Tanglble fixed assets
Current Year
Land and
Plant &
Bulldlngs Machinery
Motor
Vehicles
Totsl
Cost
At 1 January 2024
Additions
4,944
At 31 December 2024
4,944
4,944
Depreciation
At 31 December 2024
1,780
1,780
Net book value
At 31 Decernber 2024
3.164
3,164
At 31 December 2023
3.955
Prior Year
Land and
Plant &
Bulldlngs Machinery
Motor
Vehicles
Total
Cost
14,944)
14.9441
Depreclatlon
989
Net book value
3,955
All assets a￿ used for direct charitable purpo$es.
9 Credltors.. amounts falllng due within one year
2024
2023
Other creditors
400
400
10 Loans to trustees Included In debtors
20

RENEWAL CHAPEL LIVERPOOL CHURCH
Notes to the Ac¢ounts for th• year ended 31 December 2024
11 Guarantees mad8 by the charity on behalf of trustees
12 Income and Expendlture account summary
2024
2023
At 1 January 2024
Transfers in lor the year
At 1 January 2024
Surplus after tax for the year
At 31 December 2024
27.864
14.320
27,864
8.380
14,320
13,544
36.224
27,864
13 Partlcular5 of how partlcular funds are represented by assets and liabllitles
At 31 December 2024
Unrestrictec Deslgnated
funds
funds
Restrlcted
funds
Totsl
Fund$
Tangible Fixed Assets
Cur￿n1 Assets
Current Liabilities
3,164
33.460
{400}
3,164
33,460
1400}
36,224
36,224
At l January 2024
Unrestrictec Deslgnated
funds
funds
Restrlcted
funds
Total
Funds
Tangible Fixed Assels
Current Assets
3.955
24,309
3,955
24,309
27,864
27.864
14 Chango In total funds over the year as shown In Note 13. analysed by Indlvldual funds
Fund$
Movement
brought In funds In
forward
2024
from
Transfers
btrtween
funds In
2024
Funds carrfed forward to
2025
See Note 15 See Note 16
un￿stricted and deslgnated funds:.
Unrestricted Revenue Funds
27.864
8,360
36.224
Total unrestricted and deslgnat 27.864
8,360
36.224
Total charlty funds
27.864
8,360
36,224
21

RENEWAL CHAPEL LIVERPOOL CHURCH
Notes to the Accounts for the year ended 31 De¢ember 2024
15 Analysis of mov*m¥nts in funds ov¢r the year as shown in Note 14
Other
Gains &
Losses
2024
Income Expenditure
Movement
In funds
2024
2024
2024
Unrestr7Cted and designaled funds...
Unrestricted Revenue Funds
17.944
(9.584)
,360
17.944
9.S84
8,360