2024-07-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST JULY 2024

REACH SOUTH

(Charitable Incorporated Organisation)

CHARITY REGISTRATION No: 1196451

REACH SOUTH

(Charitable Incorporated Organisation)

CONTENTS

LEGAL AND ADMINISTRATIVE INFORMATION	3
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS	4
TRUSTEES’ REPORT	5-7
STATEMENT OF FINANCIAL ACTIVITIES	8
STATEMENT OF ASSETS AND LIABILITIES	9
NOTES TO THE FINANCIAL STATEMENTS	10-12

REACH SOUTH (Charitable Incorporated Organisation)

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER

CHARITY NUMBER 1196451 DATE OF REGISTRATION 08 November 2021 START OF FINANCIAL YEAR 01 August 2023 END OF FINANCIAL YEAR 31 July 2024 TRUSTEES AS AT 31st JULY 2024 J. A. Clifton F. E. O. Saer J. P. Shulver P. J. Bentley-Taylor LEGAL STATUS Charitable Incorporated Organisation

GOVERNING INSTRUMENT

CIO Foundation Registered 8th November 2021

OBJECTS

The advancement of the Christian faith in the United Kingdom and other parts of the world as the trustees determine, through the establishment of a partnership of evangelical churches cooperating to plant and resource new churches, recruit and support gospel workers, train members of the churches for ministry, and co-ordinate efforts and expenditure for the furtherance of the gospel by publications, assemblies, courses and otherwise.

CORRESPONDENCE ADDRESS

PRIMARY BANKERS

Burgess Road Library Burgess Road Southampton SO16 3HF CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4TA

INDEPENDENT EXAMINER

Nathan Vogt ACA

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REACH SOUTH (Charitable Incorporated Organisation)

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Report to the trustees/members of Reach South CIO on the accounts for the year ended 31st July 2024 set out on pages 5 to 7.

I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31 July 2024.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the 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

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: Nathan Vogt

Date: 27/05/2025

Relevant professional body: Institute of Chartered Accountants England and Wales

Address: 28 / 451 Glebe Point Road

Glebe, 2037 NSW Australia

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Reach South Trustees Report 2023-2024

OBJECTIVES AND ACTIVITIES

The purposes of Reach South are:

The advancement of the Chris7an faith in the United Kingdom and other parts of the world as the trustees determine, through the establishment of a partnership of evangelical churches coopera7ng to plant and resource new churches, recruit and support gospel workers, train members of the churches for ministry, and co-ordinate efforts and expenditure for the furtherance of the gospel by publica7ons, assemblies, courses and otherwise.

When planning and reviewing the objec7ves of the ac7vi7es of the Church, due considera7on has been given to the Charity Commission’s general guidance on public benefit and, in par7cular, the specific guidance on chari7es for the advancement of religion.

The charity set out to encourage and equip those leading and aJending the churches that make up Reach South. For this repor7ng period (August 2023 to July 2024) the member churches were Christ Church Southampton, Cornerstone Church Portsmouth, Redeemer Winchester and Trinity Church Salisbury. Encouragement and equipping happened through:

• Monthly meetings between the pastors of the member churches

• Training events for all those who attend the members churches

• An annual celebration event for all those attending the member churches

ACHIEVEMENTS AND PERFORMANCE

Appointment of New Trustee:

Pete Bentley-Taylor, pastor of Trinity Church Salisbury, was appointed as a trustee of Reach South CIO in October 2023.

Church PlanDng:

The Trustees remain commiJed to plan7ng new churches across the region. AZer a long process of delibera7on and research, the Trustees commiJed to plan7ng a church in Chichester to start in summer 2025. During the repor7ng period, work started on finding a pastor to lead the church plant and Chris Fry was appointed in June 2024 to start work with Reach South from September 2024.

Monthly MeeDngs For Church Leaders:

Each month, the pastors of the four member churches met to provide updates on each church as well as offering support and advice to one another. During the mee7ngs the four pastors were able to discuss maJers pertaining to their churches; offer one another encouragement, wisdom and prayer; and plan future Reach South ini7a7ves.

The Equip Course:

The Equip Course (started by Reach South in September 2022), con7nued into its second year. The Course is run over two years, although not all par7cipants will stay for both years. The number of par7cipants over the repor7ng period was 19.

In order to make The Equip Course more accessible to those who could not commit to the weekly course, the director of the course arranged three Equip For All days. These days were open to anyone to join and each day had a focus on some area of Chris7an teaching and thought. AJendance on these days ranged between 20 and 40.

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John Taylor con7nued to oversee the running of the course on behalf of Reach South. The teaching was provided by a wide variety of lecturers including John Taylor, individuals from Reach South churches, and some from other churches in the region.

The majority of the par7cipants came from those who aJended churches within the Reach South network, but some came from outside of the Reach South network. The Trustees are keen to increase the reach of the Equip Course.

The aim of the course is: the south coast to beNer understand, live out and teach God’s Word in whatever seTng they find themselves.” The trustees are sa7sfied that the course is accomplishing its aim.

Annual Big Day Out:

Each year, all those who aJend the member churches, gather for the Big Day Out (BDO). The BDO is a day of celebra7on and equipping. In 2024, the BDO took place on Sunday 9 June. Over 600 aJended and enjoyed teaching sessions by Graham Beynon on “Emo7ons.” Alongside the main adult sessions, there was a whole programme for children aged 0-18 and a family’s concert in the aZernoon.

Mutual Support :

One of the ways member churches express their support of each other is through an annual ‘pulpit’ swap. A pastor from each member church preaches in a different member church. The pulpit swap happened in February 2024 and was well received by each church.

Youth Weekend Away:

In November 2023, 14-18yr olds from three of the Reach South Churches had a weekend away in the New Forest. 32 aJended and they enjoyed games and ac7vi7es and teaching on: “What is the Gospel?”

STRUCTURE, GOVERNANCE AND MANAGEMENT

Reach South as a legal en7ty is a Charitable Incorporated Organisa7on. It is governed by a cons7tu7on dated 16 September 2021. Registered Charity status was granted on 8 November 2021 under Registra7on Number 1196451. The Charity is governed by a board of Trustees who also cons7tute the members of the Charity. They meet regularly (normally monthly) to set policy and review the ac7vi7es of Reach South.

need of further trustees and the qualifica7ons – spiritual and otherwise – of the person proposed for the role.

All trustees serve without remunera7on in their capacity as Trustees.

FINANCE

Total receipts over the repor7ng period (1 August 2023 – 31 July 2024) amounted to £40,664 over the year. Total outgoings were £37,688. The balances carried forward into August 2024 totalled £19,474.

As the charity moved into its second year, some addi7onal funding was sought beyond the contribu7ons of member churches. Regular dona7ons (totalling £17,809) were made by a small group made up of those who were once part of a Reach South church. The other significant source of income was from Equip Course fees (totalling £11,918).

The majority of outgoings over the year was spent on The Equip Course, totalling £19,125. Most of that money was spent on the salary of the course director who was seconded from Christ Church Southampton for 2 days a week. A small amount of money was spent on venue costs.

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short-fall.

A reserves policy exists whereby – in normal circumstances – cash reserves should be retained amoun7ng to 3 months basic opera7ng costs (such costs being es7mated at a nominal 80% of the full current-year charity budget.) In the repor7ng period this target was met.

similar level.

RESPONSIBILITIES OF THE TRUSTEES

accordance with applicable law and United Kingdom Accoun7ng Standards (United Kingdom Generally Accepted Accoun7ng Prac7ce).

for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and applica7on of resources of the Charity for that period. In preparing the financial statements the Trustees are required to:

• select suitable accounting policies and apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on a going concern basis unless it is inappropriate to assume that the Charity will continue in operation.

The Trustees are responsible for keeping proper accoun7ng records that disclose with reasonable accuracy at any 7me the financial posi7on of the Charity and enable them to ensure that the financial statements comply with the Chari7es Act 2011, the Charity (Accounts and Reports) Regula7ons 2008 and the provisions of the governing document.

They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the preven7on and detec7on of fraud and other irregulari7es.

included on the charity’s websites. Legisla7on in the United Kingdom governing the prepara7on and dissemina7on of financial statements may differ from legisla7on in other jurisdic7ons.

This report was approved by the Trustees of Reach South on 27/05/2025 and signed on their behalf by:

J. A. CliZon (Trustee of Reach South CIO)

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(Charitable Incorporated Organisation)

REACH SOUTH

	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)
	STATEMENT OF FINANCIAL ACTIVITIES
	FOR THE YEAR ENDED 31 JULY 24
			YEAR		YEAR
		Notes	2024		2023
			~~£~~		~~£~~
INCOMING RESOURCES
	IncomingResources from Generated Funds	3. 1	17,809		25,623
	IncomingResources from Charitable Activities	3 .2	22,824		15,408
	Other IncomingResources	3 .3	31		26
TOTAL INCOMING RESOURCES			40,664		41,057
RESOURCES EXPENDED
	Charitable Activities	4 .1	35,791		25,881
	Governance Costs	4 .2	1,897		452
TOTAL RESOURCES EXPENDED			37,688		26,333
NET MOVEMENT IN FUNDS			2,976		14,725
TOTAL FUNDS BROUGHT FORWARD			16 ,498		1,773
TOTAL FUNDS CARRIED FORWARD			19, 474		16,498
All funds received and expended by Reach South in the period were unrestricted. Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes onpages 10 to 12 formpart of these financial statements.

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REACH SOUTH (Charitable Incorporated Organisation)

	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)
	STATEMENT OF ASSETS AND LIABILITIES
	AS AT 31 JULY 2024
			TOTAL		TOTAL
		Notes	2024		2023
			~~£~~		~~£~~
Current Assets
	Cash at Bank and in Hand		19,474		16,498
Total Current Assets			19,474		16,498
NET CURRENT ASSETS			19,474		16,498
TOTAL ASSETSless current liabilities			19,474		16,498
NET ASSETS			19,474		16,498
Funds of the Charity
	General Funds		19,474		16,498
Total Funds			19,474		16, 498

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REACH SOUTH (Charitable Incorporated Organisation)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2024

1. BASIS OF PREPARATION

1.1 Basis of Accounting

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP - FRS102) and the Charities Act 2011.

The Charity meets the definition of a public benefit entity under FRS102 through the objectives as set out in the Trustees' Report.

Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

1.2 Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

The trustees have prepared projections for more than 12 months from the signing of the accounts and are confident that the charity will be able to meet its financial obligations as they fall due in the forseeable future

2. ACCOUNTING POLICIES

2.1 Income

Income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Recoverable Gift Aid is recognised when the related donation is received. Gift aid that has not been recovered by the Balance Sheet date is included as a debtor.

The Charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

2.2 Expenditure & Liabilities

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Governance costs are those costs associated with the governance arrangements which primarily relate to constitutional and statutory requirements and include the strategic planning processes that contribute to the future development of the charity.

Pension contributions are charged to the statement of Financial Activities as they become payable.

3. INCOMING RESOURCES
			2024		2023
			£		£
3.1 Incoming Resources from Generated Funds
	Voluntary Income:
	Grants		17,809		25,623

REACH SOUTH

(Charitable Incorporated Organisation)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2024

	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)
	NOTES TO THE ACCOUNTS
	FOR THE YEAR ENDED 31 JULY 2024
			17,809		25,623
3.2 Incoming Resources from Charitable Activities
	BigDayOut		10,906		1,608
	EquipCourse Fees		11,918		13,800
			22, 824		15,408
3.3 Other Incoming Resources
	Bank & Other Interest		31		26
			31		26

REACH SOUTH

(Charitable Incorporated Organisation)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2024

	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)	REACH SOUTH (Charitable Incorporated Organisation)
	NOTES TO THE ACCOUNTS
	FOR THE YEAR ENDED 31 JULY 2024
4. RESOURCES EXPENDED
			TOTAL		TOTAL
		Notes	2024		2023
			£		£
4.1 Charitable Activities
	Ministry Activities
	BigDayOut Food and Refreshments		4,175		3,343
	BigDayOut General Expenses		1,768		1,312
	BigDayOut Venue		2,026		4,080
	EquipCoursegeneral expenses		47		706
	EquipCourse Speaker expenses		2,015		1,102
	EquipCourse staff costs		17,063		15,277
	External Missiongrantsgiven		8,500		-
	Reach South Travel expenses		48		-
	Reach South other expenses		90		-
	Administrative Costs
	Bank fees		60		60
			35,791		25,881
4.2 Governance Costs
	Advertising& Marketing		1,470		333
	Subscriptions		- 427		18 101
	Accountancyfees
			1,897		452
5. DETAILS OF CERTAIN LINES OF EXPENDITURE
5.1 Trustee Expenses & Remuneration
			2024		2023
	Number of trustees who werepaid expenses		1		3
	Nature of the expenses	Reimbursement of travel expenses		Reimbursement of travel & website expenses
	Total amount paid		48 £		70 £
5.2 Related Party Transactions
The only other payments made to the trustees or any person connected with them consisted of reimbursements for items purchased on behalf of the Church in furthering the Charity's objects. No other trustees received anyremuneration or benefits in kind duringthe financialyear.