## **Trustees’ Annual Report for the period** **From 1/4/24 Period start date To 31/3/25 Period end date** **Charity name: The Source, Derby** ## **Charity registration number: 1196401** ## **Objectives and Activities** ||SORP
reference||| |---|---|---|---| |Summary of the
purposes of the
charity as set out
in its governing
document|Para 1.17||The Object of the CIO is, for the public
benefit, the advancement of the
Christian faith in Derby and such other
parts of the United Kingdom and the
world as the Charity Trustees may
from time to time decide.| |Summary of the
main activities in
relation to those
purposes for the
public benefit, in
particular, the
activities, projects
or services
identified in the
accounts.|Para 1.17
and 1.19||-
Weekly gatherings comprising
activities outlined in our
statement of faith and
constitution (eg. prayer,
communion, hospitality etc).
Meeting outside, in public
places in addition to homes.
-
Online Wednesday evening
gatherings for theological
learning and discussion.
-
Retreats provide reflective time
and hospitality for members of
the public.
-
Voluntary donations to other
charities and organisations
-
Networking with other churches
and charities sharing similar
objectives (Synergy UK, City
Vision, Journey Church)
-
Producing and providing
resources via online platforms
(Spotify, Whatsapp)| |Statement
confirming
whether the
trustees have had
regard to the
guidance issued
by the Charity
Commission on
public benefit|Para 1.18||Trustees have been sent, have read
and are fully aware of the guidance
issued by the Commission regarding
public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|N/A| |Policy on social investment
including program related
investment|Para 1.38|N/A| |Contribution made by
volunteers|Para 1.38|Volunteers have made a consistent
contribution to the main activities of the
charity to ensure continuity of existing
activities and development of new activities.
They have sought to draw in contributions
and participation from members of the public
and have reported back to Trustees on a
regular basis.| |Other||N/A| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|-The charity has met its objective of
advancing the Christian faith for the benefit
of the public.
-It has consistently provided a variety of
spaces both in person and online, for
members of the public to explore, learn and
grow in the Christian faith through the
practices outlined in our constitution.
-The charity has sought to build community
for participants, enabling people to connect
during and outside of charity activities and
events. Members of the public have received
practical help and pastoral support when
needed.
-The charity has resourced and equipped
members of the public to live out the
practices of the Christian faith in a variety of
contexts (eg home, community, workplace)..
. -The charity has promoted ‘everyday faith’
for the benefit of the public and those around
them.
-The charity has experienced a growing
number of participants in its activities and
events.
- The Trustees of the charity have met
regularly and have established a rota of
items to be discussed at different points
during the year to ensure that internal and
external deadlines are met| -The charity has remained financially sustainable and in good financial health. - The charity agreed a budget for 25/26 in accordance with projected income and expenditure for the year - The charity formed a Finance Committee to manage donations to other charities/organisations. The charity also developed a giving policy to distribute donations effectively -The charity reviewed policies and procedures on a regular basis and where applicable, amended them with the agreement of Trustees. The safeguarding policy was reviewed and made available for members of the public to view - The two employees of the charity have undergone an appraisal process with their designated Accountable Person -The charity renewed its Public Liability Insurance. -The charity’s presence in the city brings a positive contribution to individuals, the wider faith community in the city and promotes the general welfare of the city. -The charity has networked with other similar charities/organisations and provided helpful advice and guidance in addition to receiving help and support. ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|- Charity employees and volunteers have
engaged in group based learning around
Forest/Outdoor Church online
- Members of the public were invited to two
Community Meetings to gather feedback
on the activities of the charity| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|N/A| |Investment performance
against objectives|Para 1.41|N/A| |Other||N/A| |||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity is £40,000 in credit at the end of
the period 31 March 2025, a significant
increase to the previous year due to an
increase in donations and also a backdated
Gift Aid claim| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Paragraph 5.5 of our Finance Policy reads:
_5.5 Level of reserves_
_The Trustees will agree_
_annually on reserve levels,_
_bearing in mind the_
_consequences if reserves are_
_significantly above or below_
_the agreed levels._
Reserves are held to demonstrate that The
Source Derby is financially sustainable and
to mitigate in the event of a large variation in
income or expenditure. This variation may be
due to an unforeseen expenditure arising or
the dissolution of the charity.| |Amount of reserves held|Para 1.22|
£8,000| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Donations| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A| |A description of the principal
risks facing the charity|Para 1.46|All donations are made by individuals by
monthly standing order, therefore the main
risk is that the amount per month may
fluctuate depending on people’s personal
financial situations. In addition, donors may
decide to withdraw their donations at any
time.| |Other||N/A| |||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|_Apart from the first Charity Trustees, unless_
_the Charity Trustees decide otherwise every_
_Charity Trustee must be appointed for a term_
_of two years by a resolution passed at a_
_properly convened meeting of the Charity_
_Trustees ._
_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._
_All Charity Trustees must subscribe and_
_adhere to, in belief and lifestyle, the_
_Statement of Faith._
(section 11, constitution)
Regarding the selection process, after a
proposal is brought to the Trustees and
agreed, the Chair of Trustees will contact
them, sending them appropriate introductory
documents. After a discussion, if the person
is happy to be appointed and the current
Trustees are in agreement and this is
minuted, induction documents are sent to the
new Trustee and they are invited to the next
Trustees’ meeting.
An enhanced DBS check for new Trustees
will
be
made
by
the
Trustee
with
responsibility for safeguarding.
New trustees are also updated on the
Charity Commission website and Register.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction and
training of trustees|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|New trustees are sent the following
documents:
-
Constitution including Statement of
Faith
-
Safeguarding policy
-
Conflict of interest policy
They are requested to read and address any
questions of clarification to the Chair of
Trustees.| |---|---|---|---| ||||| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charity consists of a board of Trustees
and two employees who are accountable to
the Trustees. Decisions concerning charity
events and activities are delegated to the
volunteers who report back to the Trustees
four times a year. The responsibility of the
Trustees is to ensure that all activities of the
charity and the way in which these are held
comply with the objectives of the charity and
are in accordance with existing policies and
procedures, with particular attention to areas
of finance, safeguarding and health and
safety.
See above for the policy and procedures for
inducting new Trustees.| |---|---|---| |Relationship with any related
parties|Para 1.51|
The relationship between the charity and
other charities and organisations with similar
objects have operated on a relational basis
and the charity is not bound or restricted in
any way (ie financially or operationally) by
these other groups.| |Other||| ## **Reference and Administrative details** |Charity name|The Source, Derby| |---|---| |Other name the charity uses|| |
Registered charity number|1196401| |Charity’s principal address|104 Kedleston Road
Derby
DE22 1FW| ||| ## **Names of the charity trustees who manage the charity** |1
2
4
5
6
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**
**Name of**
**person (or**
**body)**
**entitled to**
**appoint**
**trustee (if**
**any)**| |---|---|---|---| ||
Gaynor Shaw|Chair of
Trustees/Church
Leader|
Board of
Trustees| ||Jennifer Smith||Board of
Trustees| ||Robyn Johnstone||Board of
Trustees| ||Elizabeth Matthews||Board of
Trustees| ||David Matthews||Board of
Trustees| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| – Corporate trustees names of the directors at the date the report was approved |**Director name**||| |---|---|---| |Gaynor Shaw||| |Elizabeth Matthews||| |David Matthews||| |Nathan Phaisey|Appointed May 2025|| Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |N/A||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|N/A| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|N/A| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---|---| |**Type of**
**adviser**
**Name**
**Address**|||| ||N/A||| ||||| ||||| ||||| |**Name of chief executive or names of senior staff members (Optional information)**|||| ||N/A||| ||||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details N/A ## **Other optional information** N/A ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** G. SHAW **Full name(s)** Gaynor Philippa Shaw **Position (eg Secretary,** Chair of Trustees **Chair, etc) Date** 13/1/26 **Charity Name No (if any) The Source, Derby 1196401 Receipts and payments accounts CC16a** ## **Receipts and payments accounts** **For the period** Period start date Period end date **To from** 4/1/2024 3/31/2025 **Section A Receipts and payments Unrestricted Endowment Restricted funds Total funds Last year funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts** |**A1 Receipts**||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Donations||**-**|**27,645-**|||**-**|**--**|||**-**|**--**|||**-**|**27,645-**|||**-**|**28,914-**|| |Interest||||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**6-**|| |Opening Balance||||||**-**|**--**|||**-**|**--**|||**-**|**--**|||||| |Misc||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||||| |Gift Aid||**-**|**8,104-**|||**-**|**--**|||**-**|**--**|||**-**|**8,104-**|||**-**|**--**|| |||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|| |||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|| |||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|| |||**-**|**35,749-**|||**-**|**--**|||**-**|**--**|||**-**|**35,749-**|||**-**|**28,920-**|| |**_Sub total_**_(Gross income for AR)_||||||||||||||||||||| |||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |**A2 Asset and investment sales,**||||||||||||||||||||| |**(see table).**||||||||||||||||||||| |||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||||| |||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|| |**_Sub total_**||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|| |||||||||||||||||||||| |**_Total receipts_ **||**-**|**35,749-**|||**-**|**--**|||**-**|**--**|||**-**|**35,749-**|||**-**|**28,920-**|| |**A3 Payments**||||||||||||||||||||| |Grants & Donations paid||**-**|**801-**|||**-**|**--**|||**-**|**--**|||**-**|**801-**|||**-**|**910-**|| |Subscriptions||**-**|**465-**|||**-**|**--**|||**-**|**--**|||**-**|**465-**|||**-**|**540-**|| |Governance Costs||**-**|**436-**|||**-**|**--**|||**-**|**--**|||**-**|**436-**|||**-**|**--**|| |Salary and oncosts||**-**|**13,350-**|||**-**|**--**|||**-**|**--**|||**-**|**13,350-**|||**-**|**12,780-**|| CCXX R1 accounts (SS) 1/7/2026 1 |Expenses|||||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**145-**|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Hospitality and Resources|||||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**610-**|| |Misc|||||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**149-**|| |Staff Development|||||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**672-**|| |Community costs|||**-**|**2,118-**|||**-**|**--**|||**-**|**--**|||**-**|**2,118-**|||**-**|**--**|| ||**_Sub total_ **||**-**|**17,170-**|||**-**|**--**|||**-**|**--**|||**-**|**17,170-**|||**-**|**15,806-**|| ||||||||||||||||||||||| |**_Sub total_ **||**-**|**17,170-**|||**-**|**--**|||**-**|**--**|||**-**|**17,170-**|||**-**|**15,806-**|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||||||||| |**A4 Asset and investment**||||||||||||||||||||| |**purchases, (see table)**||||||||||||||||||||| |||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||||| |||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||||| |**_Sub total_ **||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||||| |||||||||||||||||||||| |**_Total payments_ **||**-**|**17,170-**|||**-**|**--**|||**-**|**--**|||**-**|**17,170-**|||**-**|**15,806-**|| |||||||||||||||||||||| |**_Net of receipts/(payments)_ **||**-**|**18,579-**|||**-**|**--**|||**-**|**--**|||**-**|**18,579-**|||**-**|**13,113-**|| |**A5 Transfers between funds**||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|| |**A6 Cash funds last year end**||**-**|**21,565-**|||**-**|**--**|||**-**|**--**|||**-**|**21,565-**|||**-**|**--**|| |**_Cash funds this year end_ **||**-**|**40,144-**|||**-**|**--**|||**-**|**--**|||**-**|**40,144-**|||**-**|**13,113-**|| |||||||||||||||||||||| ## **Section B Statement of assets and liabilities at the end of the period** |||||||**Unrestricted**|||**Restricted funds**|**Restricted funds**||||**Endowment**|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||**Categories**|**Details**||||**funds**||||||||**funds**|| |||||||**to nearest £**||||**to nearest £**||||**to nearest £**|| |**B1**|**Cash funds**|Co-operative Bank|||**-**|**40,144-**|||**-**|**--**|||**-**|**--**|| ||||||**-**|**--**|||**-**|**--**|||**-**|**--**|| ||||||**-**|**--**|||**-**|**--**|||**-**|**--**|| |||**_Total cash funds_**|||**-**|**40,144-**|||**-**|**--**|||**-**|**--**|| |||(agree balances with receipts and payments account
(s))|||OK||||OK||||OK||| |||||||**Unrestricted**|||**Restricted funds**|||||**Endowment**|| |||||||**funds**||||||||**funds**|| CCXX R2 accounts (SS) 1/7/2026 2 |**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**|**Details**|**to nearest £**|**to nearest £**|**to nearest £**| |---|---|---|---|---| |||**-**
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**--**| |||||| CCXX R3 accounts (SS) 1/7/2026 3 |**B5 Liabilities**
Signed by one or two trustees on behalf of
all the trustees|**Details**

Signature
G Shaw|**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**--**
**-**
**--**
**-**
**--**
**-**
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Print Name
Gaynor Shaw|**When due**
**(optional)**| |---|---|---|---| ||||| ||||| ||||| ||||| ||||| ||||Date of approval| |||Gaynor Shaw|| ||||| CCXX R4 accounts (SS) 1/7/2026 4 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report Report to the trustees/** The Source, Derby **members of On accounts for the year** 31 March 2025 **Charity no** 1196401 **ended Set out on pages** 1 to 4 (One to Four) including this report I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2025. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **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 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. 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. |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body :**
**Address:**|Darren Warren
**Date:**|21/02/2026| |---|---|---| |||| ||Darren Warren – Paxton Independent Examiners|| |||| ||FMAAT|| |||| ||61a High Street South|| ||Rushden|| ||Northants, NN10 ORA|| Page 1 of 4 **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . Page 2 of 4 ## **CC Receipts & Payments Report** Charity name: The Source Charity number: 1196401 For the period from 01/04/2024 to 31/03/2025 ||Receipts andpayments|Receipts andpayments|||| |---|---|---|---|---|---| |Receipts
Voluntary Receipts
Fundraising Activities
Investments
Charitable Activities
Other Receipts
Asset and Investment sales etc
Total receipts
Payments
Voluntary Income Costs
Fundraising Costs
Charitable Activities Costs
Governance Costs
Assets and investments gains/losses
Total payments
Excess of receipts over payments
Transfers between Funds
Cash Funds Last Year End
Cash funds this year end|Unrestricted
funds
£
35,749
0
0
35,749
35,749
17,170
17,170
0
17,170
18,579
0
21,565
40,144|Restricted funds
£
0
0
0
0
0
0
0
0
0
0
0
0
0|Endowment
funds
£
0
0
0
0
0
0
0
0
0
0
0
0
0|Total funds
£
35,749
0
0
35,749
35,749
17,170
17,170
0
17,170
18,579
0
21,565
40,144|Last year
£
27,406
6
1,508| ||||||28,920| ||||||28,920| ||||||15,806| ||||||15,806
0| ||||||15,806| ||||||13,114| ||||||0
8,452| ||||||21,566| Page 3 of 4 **Charity Commission Receipts and Payments Details** ## **Paxton** ## **Charity no. 1196401** ## **The Source** |March 2025|||||| |---|---|---|---|---|---| |A1 Receipts
A1 Voluntary Receipts
Giving from Source members
Gift Aid
A3 Payments
A3 Charitable Activities Costs
Salary
Pension
Payroll costs
Website Subscription
Hospitality
Donations / Gifts
Synergy contribution
Other subscriptions
DBS registration
Staff Development/Retreat
Expenses
Retreat for community
Resources
Misc|Unrestricted
0
27,645
8,104
35,749
0
12,480
442
428
245
379
101
700
292
150
0
440
915
347
251
17,170|Restricted
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0|Endowment
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0|Year Total
0
27,645
8,104
35,749
0
12,480
442
428
245
379
101
700
292
150
0
440
915
347
251
17,170|Last Year| ||||||0
27,406
0
27,406
0
12,715
0
65
245
522
910
0
13
283
672
145
0
89
149
15,808| Page 4 of 4