CATCH THE FIRE THREE RIVERS
FINANCIAL STATEMENTS
FOR
30 SEPTEMBER 2024
Charity Number 1192294
FINANSURE LIMITED
2 Sheppard Street, Brymbo, Wrexham, LL11 5FF
CATCH THE FIRE THREE RIVERS
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
| CONTENTS | PAGES |
|---|---|
| Charity information | 1 |
| 2 to 6 | |
| Independent examiner report |
7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 to 14 |
Page 1
CATCH THE FIRE THREE RIVERS
CHARITY INFORMATION
The board of trustees Thomas D Allsop David A Richards Kieron P Densham Registered office 14 Artichoke Dell Dog Kennel Lane Chorleywood Rickmansworth WD3 5EG Independent Examiner Luke Howson MAAT Finansure Limited 2 Sheppard Street Brymbo Wrexham LL11 5FF
Page 2
CATCH THE FIRE THREE RIVERS
YEAR ENDED 30 SEPTEMBER 2024
Annual Report 2024 Catch the Fire Three Rivers Charity Registration number: 1192294
The Charity is a charitable incorporated organisation (CIO) governed by its foundation constitution document and registered with the Charity Commission for England and Wales on 11[th] November 2020. This is the fourth year of activity for the Charity.
Structure, governance and management
The Trustees (listed below) have continued to ensure due diligence in all matters relating to the management of CTF3R.
To ensure proper safeguarding, the trustees require all staff and any volunteers to have current : to provide these checks for us. A volunteer administrator continues to ensure GDPR / Safeguarding compliance.
The trustees meet at least quarterly and are in close contact with the Senior Leaders to ensure the good management and governance of the Church.
Trustees:
Thomas David Allsop David Andrew Richards Kieron Philip Densham
Trustee Appointment and Selection
The memorandum provides for a minimum of three Directors and a maximum of 9. The Directors are responsible for the appointment of new members. New Directors would be briefed on their legal obligations under charity and company law, the content of the Constitution, the decision-making processes and the recent performance of the charity.
Trustee Selection from the Constitution of the CIO:
(1) Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees.
(2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Page 3
CATCH THE FIRE THREE RIVERS
(CONTINUED)
YEAR ENDED 30 SEPTEMBER 2024
Aims and Purposes
To advance the Christian religion for the benefit of the public throughout the Three Rivers area, and throughout the United Kingdom or internationally as the trustees from time to time may see fit, in particular but not exclusively through the holding of prayer meetings, lectures, public celebration of religious festivals, providing pastoral care and carrying out missionary and evangelistic work.
Achievements and performance
In addition to this, the activities of the Charity benefit the public in many ways, for example, both volunteers and attendees learn transferable skills which can be taken back to their local communities.
The trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission. We have regard to both the t of religion for the public benefit. The trustees always ensure that the activities we undertake are in line with our charitable objects and aims.
Continuing into our fourth year of operations the advancement of our charitable objectives continues to be successful. We have continued to see an increase in members and accordingly volunteers willing to contribute towards the aims and objectives of the charity. The church has moved from being a plant to feeling very much like an established ministry, with many members stepping up to take on increased responsibility and ownership for different areas of ministry.
We have again taken on two placement students from the local theological college with the aim of them being given opportunities to explore their vocational calling within church ministry.
We have continued to grow our midweek meetings and have found these to be places where people connect and grow in a more relational setting than Sunday mornings allow. These groups are well attended, and spaces are sought after. Our aim is to launch a number of new groups in order to better facilitate our overall increase in attendance.
Weekly worship services - We continue to meet at Arnett Hills School. Our connection with the school has continued to be a positive outworking of our aim to engage with our local community. Our church has assisted with a number of school events, including running a quiz to help the PTA raise much-needed funds for the school. We have also run events that have been attended by school families, which has been a very positive opportunity to connect with local families.
breakfast followed by all age worship and bible study. Each age group has provided positive feedback on these weeks. It is wonderful to see members of varying ages engaging with one another and enjoying the opportunity to learn from each other.
Page 4
CATCH THE FIRE THREE RIVERS
(CONTINUED)
YEAR ENDED 30 SEPTEMBER 2024
Missions - provide assistance with various initiatives, including Tom leading a weekly bible study for some local people connected with the charity. We have also contributed time and resources to a churches together holiday camp called Detonate that facilitates a 5-day bible camp locally in Chorleywood. Tom continues on the leadership team for Detonate and we have a number of volunteers who help in varied capacities during the event.
Since the end of our financial year, we were able to raise a significant amount of funds to assist a Ukrainian family affected by the war. This contact came through two of our members attending a Catch the Fire conference in Bulgaria where they met with the family in question. This fund-raising initiative was a great opportunity for our local church family to connect with a mission outside of their locality, reminding them of the worldwide church family that we are part of.
Children's church - Numbers have continued to grow, both in terms of the children and team of staff and volunteers. The Sunday school has provided an excellent opportunity for the children to advance their own faith. Our two new Kids Team Leaders who started roles in September are assisting Lucy in her leadership role. Our plans to develop the children's work into two age groups were implemented and have enabled the Kids team to tailor the teaching more specifically to the ages of the children.
Midweek support groups - Our midweek support groups have been another point of connection available to anyone within the church. This has helped us to ensure we are fighting loneliness in our community. It has also been one of the main ways we have provided pastoral support to attendees and is one of our stated Charitable Purposes.
The midweek groups include parent and child play mornings and coffee mornings for those retired or out of work, which has increased the wellbeing of the community. We also had a number of shared daily bible plans running throughout the year where the congregation could encourage each other daily. In addition, we have run some online Theological Training courses which have been well received.
We are also delighted to report that we have started a Youth Programme this year, following an increase in the number of youth attending church. These regular meetings began as social events, designed to give the youth an opportunity to get to know each other and build trust. They have now developed to include bible teaching and developing the youth in their faith.
We ran a very successful church weekend away in 2024 to deepen relationships and spend some extended time together. This weekend was enjoyed by all, despite the awful weather!
Looking forward, we are continuing to explore a move to a larger venue to reflect the increased number of adults and children now regularly attending. Our aim is to stay as close to the centre of Rickmansworth as possible, whilst finding a venue that has the space to grow into.
Page 5
CATCH THE FIRE THREE RIVERS
(CONTINUED)
YEAR ENDED 30 SEPTEMBER 2024
Financial Review of 2024
Our donations income increased by 80 per cent to £133,000 with congregation giving becoming more regular as our membership grows. Total income grew to £136,000, an increase of £62,000. Operating expenditure increased by 39 per cent to £83.000 with higher staff and support costs. This resulted in net income for the year of £53,000, up from £14,000 in the previous year. This surplus has increased our reserves to £88,000 and will provide the resources to support our progress in the coming year as we seek a larger venue and anticipate increased operating costs.
Reserves and Risk Management
Our reserve policy is to hold at least six months running costs, equivalent to approximately £62,000, and we aim to maintain at least this level as the church grows and our fixed costs increase. Our support for mission, UK and overseas, is expected to rise in the coming year. Our principal source of funds is donations and gifts from church attendees and visitors.
The trustees have considered the key operational, financial, and strategic risks that have a bearing on the charity. Suitable management information is available to the trustees on a regular basis to monitor these risks, and allow any mitigating action to be taken to address them.
Page 6 CATCH THE FIRE THREE RIVERS TRUSTEES ANNUAL REPORT (CONTINUE[) YEAR ENDED 30 SEPTEMBER 2024 sTATEmEp OF TRUSTEES, RESPONSIBILlEs rity law reyuires the trustees to Fxep8re financial statenErts fcy each fin1 year. lch give a ttue fair view of the state of affairs of the tharity and of its finemal activitEs for ttt r. In preparing those financial ststenErrts the Iru8lees are required to: t suitable accounting wlicies and apply th consistsnty; make judjmerrts and estimates tst are reascllaije arKI pxudrt. state whether the F))licres a(Wed are in aCcCrdae with the Stateent of Rn1thed Practi. 'AccntirJ arKI RewirYJ by Charities {efflIVe January 2019)" and with apFjb a(xountiry s18fKlards, subject to any material departures dilOSed and explained in financial statements" prepare the financial stateEnts on the going concem basis un*s it is inapproFJiate to assume the tharity will continue Opati1vJ. b) d) The trustees are resFX)nsible for keeping yoper acccunting rdS disck)se with reas(nable accuracy at any tirre the finarKial FJ)Sition of the drity and to enable to ensure that the financial statents comply WIOI the Charities Act. They are also respjnsible for safeguardiru the assets of the charity and hen f laking reasonable steps the preverrtv)n and dettIon of fraud or otrEr iegUlaritieS. This report was approv by the trustees 4th April 2025 arvj is sTrJn on their behdf by: T$maS Allsop Tnjstee D8vid Rthards Tnjstee
Page 7
CATCH THE FIRE THREE RIVERS
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES
We report on the financial statements for the year ended 30 September 2024 set out on pages 8 to 14.
Respective responsibilities of trustees and examiner
trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and
-
to state whether particular matters have come to my attention.
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the statement below.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 a
-
matter considered as part of an independent examination.
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.
7th April 2025 Luke Howson MAAT Date
Finansure Limited, 2 Sheppard Street, Brymbo, Wrexham, LL11 5FF
Page 8
CATCH THE FIRE THREE RIVERS
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 30 SEPTEMBER 2024
| Unrestricted | Restricted | TOTAL | TOTAL | ||
|---|---|---|---|---|---|
| Funds | Funds | 2024 | 2023 | ||
| Note | £ | £ | £ | £ | |
| INCOMING RESOURCES | |||||
| Donations and gifts | 2 | 122,550 | 10,930 | 133,480 | 74,090 |
| Income from charitable activities | 2,655 | - | 2,655 | 112 | |
| Investment income | 85 | - | 85 | - | |
| TOTAL INCOMING RESOURCES | 125,290 | 10,930 | 136,220 | 74,202 | |
| RESOURCES EXPENDED | |||||
| Charitable activities | 3 | 72,269 | 10,930 | 83,199 | 60,065 |
| TOTAL RESOURCES EXPENDED | 72,269 | 10,930 | 83,199 | 60,065 | |
| NET INCOME / (EXPENDITURE) | |||||
| FOR THE YEAR | 53,021 | - | 53,021 | 14,137 | |
| Transfers between funds | - | - | - | - | |
| Net movement in funds | 53,021 | - | 53,021 | 14,137 | |
| Balances brought forward | 34,599 | - | 34,599 | 20,462 | |
| Balances carried forward | 87,620 | - | 87,620 | 34,599 |
The charity has no recognised gains or losses other than the results for the year as set out above.
All of the activities of the charity are classed as continuing.
The notes on pages 10 to 14 form part of these financial statements.
Page 9 CATCH THE FIRE THREE RIVERS BALANCE SHE 30 SEPTEMBER 2024 2024 23 FIXED ASss Tangible frA >s 9,742 8.237 cuRREr ASSErs tors Cash at bk axl in hand 13261 77,812 4,978 29,857 91,073 34,835 cREDORS. Amounts falling due within one year 10 {13.195 {8A73) cURRETr ASss LESS CURRETrTh LIABILITIES ASss Tl,878 26,W2 87,620 ,599 FUNDS uryestr1cl ls. - Genal reswes FlesltKt fv$ 11 11 87,620 34.599 87,620 trustees ackmwe trEir resrK1tIItyf(r. ccThrAwrg with the of the Act with to ac(Dunti the ye[£ratn of aCc£nIs. Flering aCt[ntS thich give a tsue a1 far vi8w of thg stale of affairs of the dwity as at the e of trE fir01 year and of r(s ret irccKnir@ cr Wiru rescurces fcr trE tharKl year in accu{kn wth rrntS oftrE Act rdatirg lo firorrial Stat4 so far as aF¥IKaNe to the These fnanaal statements have Iken Frepared in acc(rdan trE Staternent of Recommended Practi.. Accounting Reporting by Clwrities the Firorrial RerKrtirvJ stard IFRS 102 - effectwe January 20191. TrEse finanaal StsIents were a[prOv byts lyustees (n 4th 4)ri12025 aKI is signed on ther alf ThcAros Ajlsq) Trustee DavKI RKwds The noles on pages 10 10 14 fcffii part of these finwKial stalem
Page 10
CATCH THE FIRE THREE RIVERS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
1. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared under the historical cost convention, and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities and the Financial Reporting Standard (FRS 102 effective January 2019).
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
Investment income and gains are allocated to the appropriate fund.
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Gift Aid receivable is included in income when there is a valid declaration from the donor.
No amounts are included in the financial statements for services donated by volunteers.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Support costs are apportioned to activity/project according to total costs of activities undertaken directly and grant funding of activities.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Assets are capitalised if they have a useful life of more than one year and a cost value greater than £100.
Depreciation is provided at the following annual rates in order to write off the value of each asset over its expected useful life:
-
Computer equipment 33% on cost
-
- Other equipment 20% on cost
Page 11
CATCH THE FIRE THREE RIVERS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
2. DONATIONS AND GIFTS
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Unrestricted donations | 112,099 | 66,286 |
| Restricted donations | 2,180 | 735 |
| Restricted grants received | 7,750 | - |
| Gift Aid tax reclaimed | 11,451 | 7,069 |
| 133,480 | 74,090 |
3.
| Activity or project | Activities undertaken directly |
Grant funding of activities (note 4) |
Support costs (note 5) |
Staff costs (note 6) |
Total 2024 |
Total 2023 |
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||
| Church runningcosts | 20,789 | - | 23,776 | 25,739 | 70,304 | 46,150 |
| Missions & giving | - | 12,895 | - | - | 12,895 | 13,915 |
| TOTAL | 20,789 | 12,895 | 23,776 | 25,739 | 83,199 | 60,065 |
| GRANT FUNDING OF ACTIVITIES 2024 2023 £ £ Restated Gifts to charities - Catch The Fire Ministries (UK) 8,460 9,419 - Other (UK) 636 - Gifts to individuals - Restricted gifts (UK) 2,750 - - Pastoral (UK) 807 1,101 - Poverty relief (UK) 242 2,150 12,895 12,670 |
4. GRANT FUNDING OF ACTIVITIES
Page 12
CATCH THE FIRE THREE RIVERS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
5. SUPPORT COSTS
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Accountancy | 643 | 915 | |
| Advertising & promotion | 698 | 1,384 | |
| Bank charges | 866 | 268 | |
| Computer expenses | 654 | 451 | |
| Expensed equipment | 167 | 1,076 | |
| Dues & subscriptions | 1,103 | 700 | |
| Hospitality | - | 686 | |
| Insurance | 186 | 207 | |
| Office expenses | 1,681 | 133 | |
| Professional fees | 1,371 | 942 | |
| Training | 1,257 | 250 | |
| Travel expenses | 1,252 | 434 | |
| Repairs & maintenance | 7,840 | - | |
| current year | 550 | 550 | |
| previous year | (75) | - | |
| Depreciation | 3,171 | 1,616 | |
| Other expenses | 2,412 | 327 | |
| 23,776 | 9,939 | ||
| STAFF COSTS | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Wages and salaries | 25,451 | 21,078 | |
| - | - | ||
| 288 | 114 | ||
| 25,739 | 21,192 |
6. STAFF COSTS
No employee received emoluments, as defined for taxation purposes, amounting to over £60,000 in the tax year or the previous tax year.
The total number of employees in the year was four one pastoral, two and one administrator (2023 one pastoral, five
The average number of employees on a full-time equivalent basis was one (2023 one).
Page 13
CATCH THE FIRE THREE RIVERS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
7. TRANSACTIONS WITH TRUSTEES
One trustee, Thomas Allsop, received remuneration of £15,840 (2023 - £11,140) during the year in his role as senior pastor. The charity also contributed £288 (2023 - £114) of pension All of the above payments were authorised by other trustees in the absence of the parties concerned and were made in accordance with the foundation document.
The total aggregate donations made by trustees and related parties to the charity during the year was £7,950 (2023 - £5,225).
8. FIXED ASSETS
| Cost or valuation At 1 October 2023 Additions Disposals At 30 September 2024 Depreciation At 1 October 2023 Charge for the year Disposals At 30 September 2024 Net book value At 30 September 2024 At 30 September 2023 |
Fixtures & Fittings £ 1,023 - - |
Sound/music equipment Office equipment Total £ £ £ 7,413 2,297 10,733 4,676 - 4,676 - - - |
|---|---|---|
| 1,023 | 12,089 2,297 15,409 |
|
| 151 204 - |
1,119 1,226 2,496 2,367 600 3,171 - - - |
|
| 355 | 3,486 1,826 5,667 |
|
| 668 | 8,603 471 9,742 |
|
| 872 | 6,294 1,071 8,237 |
9. DEBTORS
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Gift Aid recoverable | 13,230 | 4,959 |
| Prepayments | 31 | 19 |
| 13,261 | 4,978 |
Page 14
CATCH THE FIRE THREE RIVERS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
10. CREDITORS: Amounts falling due within one year
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Accruals | 13,041 | 8,345 |
| Payroll liabilities | 154 | 128 |
| 13,195 | 8,473 |
11. STATEMENT OF FUNDS
| At 1 October | At 30 September | ||||
|---|---|---|---|---|---|
| 2023 | Income | Expenditure | Transfers | 2024 | |
| £ | £ | £ | £ | £ | |
| Unrestricted funds: | |||||
| General reserves | 34,599 | 125,290 | (72,269) | - | 87,620 |
| Total unrestricted funds | 34,599 | 125,290 | (72,269) | - | 87,620 |
| Restricted funds: | |||||
| Joan of Arc grant | - | 7,750 | (7,750) | - | - |
| Specified gifts | - | 1,800 | (1,800) | - | - |
| Special offerings | - | 1,380 | (1,380) | - | - |
| Total restricted funds | - | 10,930 | (10,930) | - | - |
| Total funds | 34,599 | 136,220 | (83,199) | - | 87,620 |
The Joan of Arc grant was a restricted grant claimed against expenditure already paid out during the year.
Specified gifts and special offerings represent donations given for specified purposes or beneficiaries.