2024-04-30-accounts - Created: Church

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

CHARITY REGISTRATION NUMBER: 1140899

Created : Church Charitable Incorporated Organisation Unaudited Financial Statements

30 April 2024

HASWELL BROTHERS LLP

Chartered accountants First Floor Pembroke House Ellice Way Wrexham Technology Park Wrexham LL13 7YT

Created : Church

Charitable Incorporated Organisation

Financial Statements

Year ended 30 April 2024

	Page
Trustees' annual report	1
Independent examiner's report to the trustees	9
Statement of financial activities (including income and
expenditure account)	10
Statement of financial position	11
Statement of cash flows	12
Notes to the financial statements	13

Created : Church

Charitable Incorporated Organisation

Trustees' Annual Report

Year ended 30 April 2024

The trustees present their report and the unaudited financial statements of the charity for the year ended 30 April 2024.

Reference and administrative details

Registered charity name Created : Church CIO Charity registration number 1140899 Principal office and registered PO Box 65 office Newton Aycliffe DL5 7YR The trustees Mr A Chaudhary Mr D F Jarvis Mr B P Cross Mrs P H Pinder Mr T Pinder Independent examiner Mr P T Harris FCA First Floor Pembroke House Ellice Way Wrexham Technology Park Wrexham LL13 7YT

Created : Church

Charitable Incorporated Organisation

Trustees' Annual Report (continued)

Year ended 30 April 2024

Structure, governance and management

The charity is registered in England and Wales (registered number 1204123). Day to day management and decision making is vested in the leadership team led by the senior pastors.

The Trustees have exercised due regard to the public benefit guidance published by the Charity Commission and the current Trustee body is diverse with varying skills and knowledge to ensure due diligence. The board consist of five trustees four of whom are locally based with one in Warrington. All trustees are in agreement with the Doctrines and Articles of Belief and wholeheartedly support the objectives of the charity.

The trustees meet to review progress, discuss current issues, and implement best practice using up-to-date information.

Trustee training

No training has been provided with regards to the roles and responsibilities of a trustee as all are experienced in the role, however the aim is to provide each one with a trustee pack containing information on the charity, roles and responsibilities of a Trustee in relation to governance requirements under Charity Law.

Public benefit

The charity trustees have complied with their duty in section 17(5) of the 2011 Charities Act to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. The activities mentioned above demonstrate this.

Created : Church

Charitable Incorporated Organisation

Trustees' Annual Report (continued)

Year ended 30 April 2024

Structure, governance and management (continued)

Risk assessment

The major risks to which the charity is exposed, have been identified by the trustees and systems have been established to mitigate them. The risks are in the following categories:

Governance risks
Operational risks
Financial risks
Law and regulation compliance risks

These risks have been mitigated with the following actions:

The appointment of diversely skilled individuals to the Board of Trustees
The appointment of appropriately skilled individuals in areas of leadership.
Separation of authority to approve online banking transactions.
Regular reporting of areas of risk to the Church leadership team.
Engagement of external professional advice on significant issues.
Review of policies and procedures.

The charity has the infrastructure in place to continue with its mission to advance the Christian faith through the pronouncement of the Gospel of Jesus Christ and the building of His Church in the north-east region of England, the United Kingdom and beyond.

Created : Church

Charitable Incorporated Organisation

Trustees' Annual Report (continued)

Year ended 30 April 2024

Objectives and activities

Principle aims and objectives are:

Created: Church was launched on Sunday 7th January 2024. The church, formerly known as New Generation Church was pioneered on the 5th February 2011 and became the working name of the charity Aaron Chaudhary Ministries (charity 1140899). During the year under review and prior to its launch the church successfully applied for Assemblies of God status; formed this charitable incorporated organisation, and was renamed Created: Church. The inspiration for the name comes from Ephesians 2:10, 'For we are His workmanship, created in Christ Jesus for good works, which God prepared beforehand that we should walk in them'.

The trustees of New Generation Church, most of whom are trustees of Created: Church, agreed that all funds previously received by New Generation Church in tithes, offerings, and claimed by gift aid, and all property should be transferred to Created: Church. This took place in stages during the year under review and the following year.

During the year under review the church continued its activities as before with a combination of corporate gatherings and small group meetings. Corporate gatherings were held at a single location in Newton Aycliffe from where services were streamed live online, and small groups were held in various homes and cafes in the surrounding areas.

Those attending Sunday services come mainly from the County Durham and Teesside area. The services regularly attracts new visitors some of whom have discovered the church online. The aim is to encourage those attending on Sunday to be a part of a small group. Small groups are varied around age, gender, location, and interest based including service teams.

Small groups serve as the means of building community and providing a level of pastoral care for members. During this period under review there were 16-17 such groups in place.

The online presence is well established and is a means of fulfilling the charity's objective to advance the Christian faith and present the Gospel of Jesus Christ to a wider audience. Reports continue to come in from people around the country joining the live broadcast and others being impacted by watching the church services online from around the United Kingdom and beyond.

Created: Kids takes place on Sundays during the message. It is led by a dedicated team of leaders and helpers committed to teaching children about Jesus on their level. Created: Kids volunteers are appropriately vetted and the necessary safeguarding checks are carried out.

Awaken Youth is the name for the ministry to 11-17-year-olds. Its aim is to 'awaken' young people to their God-given identity and God-given potential. Youth gatherings take place weekly and involves both a social and fun element with games between teams, and a spiritual component with worship, prayer and a short teaching. And on the last Sundays of each month the youth exit the main service before the sermon to gather at a separate location where they have teaching and discussion.

Two areas have been further developed for the benefit of the youth: a youth band, and a Bible Study for the young ladies of the youth group. The youth band meets for rehearsals and leads worship at Youth events; this has seen those involved flourish-growing in confidence and in their contribution to church life. They are given the opportunity to lead worship for special events, and invitations to lead worship in a joint service of local congregations. The Bible Study has seen those involved grow in their faith and their appreciation of the Bible. The intention is to start a Bible study for the young men.

Created : Church

Charitable Incorporated Organisation

Trustees' Annual Report (continued)

Year ended 30 April 2024

The team of Youth volunteers continues to grow. All volunteers are appropriately vetted and the necessary safeguarding checks are carried out.

Young Adults meet regularly for community, worship and Bible study.

Sisters meet bi-weekly in Connect Groups and monthly on Saturday mornings for community, worship and Bible study. This event regularly attracts new people, some who come to faith and others who find a place where they can grow in their Christian faith.

Men's gatherings were usually social and involved gatherings in cafes, meals.

Reach is the care ministry of the church and provides practical aspects of pastoral care for people within the church and from time-to-time reaching into the local community. The work includes visiting, help with transport for hospital appointments, and support for those in difficulty. Meals are provided from time-to-time for those who temporarily need the help.

Strategy

The strategy for achieving these objectives have been consistent since the ministry was first established:

To present the truths of the Gospel of Jesus Christ and the teachings of the Christian faith in a way that is relevant in today's culture.
To build a Christ-centred and Bible based church based in the north-east of England able to serve the local community, our region, the United Kingdom and beyond.
To encourage members of the church to:
Commit to regular church attendance.
Connect relationally in some aspect of Church life in a small group, and/or as part of a team.
Serve in some capacity thereby adding value to other people, and contributing to the life, health, and expression of the Church.
Accept responsibility for personal growth and spiritual development in their daily life, and to encourage others to do the same.
Contribute financially to support of the vision and mission of the church according to Biblical stewardship principles.

Created : Church

Charitable Incorporated Organisation

Trustees' Annual Report (continued)

Year ended 30 April 2024

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and performance

Services were held in the Bethany Centre in Woodham Village, Newton Aycliffe. New people were added to the church resulting in some growth.

People continue to find the church online and have joined the congregation having moved into the area. Several people in other parts of the country consider themselves as part of the online church. The online service therefore continues to enable the charity to share the Christian faith to a national audience, and a global audience with reports coming from Asia, Africa, South America and Australia. Locally, people still discover the church online and decide to make it their church committing to regular attendance, joining a small group, committed to serving on a team, and contributing financially to support the vision and mission of the church.

REACH has been effective as the care and outreach ministry of Created: Church, providing pastoral care and practical support for people within the church, and reaching into the local community from time-to-time. The intention remains to develop strategic partnerships with national and international organisations to: preach the good news of Jesus Christ; support the persecuted church; and provide humanitarian aid (including organisations who help to provide clean drinking water to third world communities). This will continue as the church transitions into Created: Church.

Financial review

The charity's income is made up of transfer of funds transferred from New Generation Church, tithes and offerings, and gift aid receipts from church attendees and supporters of the ministry. Total income was £221,338 during the year, and total expenditure was £22,977 leaving a surplus of £198,361.

The charity does not hold fundraising events.

The main areas of expenditure were church running costs, ministry fees, venue rental costs, expensed equipment purchased, rented equipment, and donations to individuals and organisations whose objectives are the same as the charity's.

We are pleased with the results for the year ended 30th April 2024 and the charity is in a healthy financial position.

Reserves

The charity ended the year with reserves of £198,361. It is the intention of the Trustees to build the level of reserves to cover a minimum of six months of activities and provide for future projects designated by the Church Leadership and Trustees including the purchase of buildings and lands.

Created : Church

Charitable Incorporated Organisation

Trustees' Annual Report (continued)

Year ended 30 April 2024

Plans for future periods

Our mission and the objectives that underpin our plans for the future remain constant, that is to take the truths of the Gospel of Jesus Christ and the teachings of the Christian faith and communicate them in a way that is relevant to the days in which we live.

The objectives for the future are to build on our strengths, strengthen our weaknesses, grow from our experiences, and to see increase in the numbers of people entering into a relationship with Jesus Christ. We want to see growth in church attendance and an increase in the numbers of people actively involved in Church life-either by joining a team and/or be part of a small group.

We will continue to host events to celebrate our achievements and acknowledge individual efforts and expressions of our values. Team Nights will be used to communicate vision and culture with the understanding that this creates a pathway for individuals to grow personally. We have learned that working in a healthy environment with others fosters unity, increases individual capacity, and develops leadership potential. And coupled with the personal development of Bible based attitudes, beliefs and skills, we believe this will enable individuals to fulfil their God-given potential and to lead in every sphere of life.

We aim to create an environment for people in our Church to grow in their faith, to become mature as Christians, with a clear understanding of the Bible and how it applies to everyday life, in the hope that they will encourage others to do the same.

Created : Church

Charitable Incorporated Organisation

Trustees' Annual Report (continued)

Year ended 30 April 2024

Trustees responsibility statement

The trustees are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom generally accepted accounting practice (UK GAAP)).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgments 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;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. 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.

The financial information included with this report was provided for the accountants to be independently examined on 17th December 2024.

The trustees' annual report was approved on 10 April 2025 and signed on behalf of the board of trustees by:

Mr A Chaudhary Trustee

Created : Church

Charitable Incorporated Organisation

Independent Examiner's Report to the Trustees of Created : Church CIO

Year ended 30 April 2024

I report to the trustees on my examination of the financial statements of Created : Church CIO ('the charity') for the year ended 30 April 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements 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 giving me cause to believe that in any material respect:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements do 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.

Mr P T Harris FCA Independent Examiner

First Floor Pembroke House Ellice Way Wrexham Technology Park Wrexham LL13 7YT

10[th] April 2025

Created : Church

Charitable Incorporated Organisation

Statement of Financial Activities (including income and expenditure account)

Year ended 30 April 2024

		2024		2023
		Unrestricted
		fundsTotal funds		Total funds
	Note	£	£	£
Income and endowments
Donations and legacies	4	91,284	91,284	–
Investment income	5	54	54	–
Exceptional income	6	130,000	130,000	–
		--------------------------------	--------------------------------	--------------
Total income		221,338	221,338	–
		================================	================================	==============
Expenditure
Expenditure on charitable activities	7,8	22,977	22,977	–
		--------------------------------	--------------------------------	--------------
Total expenditure		22,977	22,977	–
		================================	================================	==============
		--------------------------------	--------------------------------	--------------
Net income and net movement in funds		198,361	198,361	–
		================================	================================	==============
Reconciliation of funds
Total funds brought forward		–	–	–
		--------------------------------	--------------------------------	--------------
Total funds carried forward		198,361	198,361	–
		================================	================================	==============

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 13 to 18 form part of these financial statements.

Created : Church

Charitable Incorporated Organisation

Statement of Financial Position

30 April 2024

		2024			2023
	Note	£	£	£		£
Current assets
Debtors	13	15,527			–
Cash at bank and in hand		183,734			–
		--------------------------------		--------------
		199,261			–
Creditors: amounts falling due
within one year	14	900			–
		--------------------------------		--------------
Net current assets			198,361				–
			--------------------------------			--------------
Total assets less current liabilities			198,361				–
			--------------------------------			--------------
Net assets			198,361				–
			================================			==============
Funds of the charity
Unrestricted funds			198,361				–
			--------------------------------			--------------
Total charity funds	15		198,361				–
			================================			==============

These financial statements were approved by the board of trustees and authorised for issue on 10 April 2025, and are signed on behalf of the board by:

Mr A Chaudhary Trustee

The notes on pages 13 to 18 form part of these financial statements.

Created : Church

Charitable Incorporated Organisation

Statement of Cash Flows

Year ended 30 April 2024

	2024	2023
	£	£
Cash flows from operating activities
Net income	198,361	–
Adjustments for:
Other interest receivable and similar income	(54)	–
Interest payable and similar charges	94	–
Accrued expenses	900	–
Changes in:
Trade and other debtors	(15,527)	–
	--------------------------------	--------------
Cash generated from operations	183,774	–
Interest paid	(94)	–
Interest received	54	–
	--------------------------------	--------------
Net cash from operating activities	183,734	–
	================================	==============
Net increase in cash and cash equivalents	183,734	–
Cash and cash equivalents at beginning of year	–	–
	--------------------------------	--------------
Cash and cash equivalents at end of year	183,734	–
	================================	==============

The notes on pages 13 to 18 form part of these financial statements.

Created : Church

Charitable Incorporated Organisation

Notes to the Financial Statements

Year ended 30 April 2024

1. General information

The charity is a charitable incorporated organisation registered with the Charity Commission in England and Wales. address of the registered office is PO Box 65, Newton Aycliffe, DL5 7YR.

2. Statement of compliance

The accounts have been prepared in accordance with applicable accounting standards, the statement of Recommended Practice, “Accounting and Reporting by Charities” (The Charities SORP FRS 102), effective January 2019 and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

There are no accounting estimates and assumption made by management during the preparation of the accounts.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Created : Church

Charitable Incorporated Organisation

Notes to the Financial Statements (continued)

Year ended 30 April 2024

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Created : Church

Charitable Incorporated Organisation

Notes to the Financial Statements (continued)

Year ended 30 April 2024

3. Accounting policies (continued)

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments which are initially.

4. Donations and legacies

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2024	Funds	2023
	£	£	£	£
Donations
Tithes and offerings	75,757	75,757	–	–
Income tax recoverable	15,527	15,527	–	–
	----------------------------	----------------------------	--------------	--------------
	91,284	91,284	–	–
	============================	============================	==============	==============

5. Investment income

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2024	Funds	2023
	£	£	£	£
Bank interest receivable	54	54	–	–
	==============	==============	==============	==============
Exceptional income
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2024	Funds	2023
	£	£	£	£
Exceptional income	130,000	130,000	–	–
	============================	============================	==============	==============

6. Exceptional income

During the year all the activities of the New Generation Church which had been previously carried out by the Aaron Chaudhary Ministry Fund Charity were transferred to this charity.

As part of this transfer all funds it was decided that all funds that were previously held by the Aaron Chaudhary Ministry Fund Charity that had been generated from the activities of the New Generation Church should be donated to this charity.

During the year the total of such donations received by this charity amounted to £130,000 with the remaining balance to be transferred in following year.

Created : Church

Charitable Incorporated Organisation

Notes to the Financial Statements (continued)

Year ended 30 April 2024

7. Expenditure on charitable activities by fund type

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2024	Funds	2023
	£	£	£	£
Promotion of the Christian Faith	19,588	19,588	–	–
Support costs	3,389	3,389	–	–
	----------------------------	----------------------------	--------------	--------------
	22,977	22,977	–	–
	============================	============================	==============	==============
Expenditure on charitable activities by activity type
	Activities
	undertaken	Support	Total funds	Total fund
	directly	costs	2024	2023
	£	£	£	£
Promotion of the Christian Faith	19,588	3,389	22,977	–
	============================	=======================	============================	==============
Analysis of support costs
		Promotion of
		the Christian
		Faith	Total 2024	Total 2023
		£	£	£
Communications and IT		595	595	–
General office		406	406	–
Finance costs		95	95	–
Governance costs		900	900	–
Motor and travel		99	99	–
Small equipment and repairs		619	619	–
Sundry including refreshments		676	676	–
		-----------------------	-----------------------	--------------
		3,390	3,390	–
		=======================	=======================	==============
Independent examination fees
			2024	2023
			£	£
Fees payable to the independent examiner for:
Independent examination of the financial statements			900	–
			==============	==============

8. Expenditure on charitable activities by activity type

9. Analysis of support costs

10. Independent examination fees

11. Staff costs

The average head count of employees during the year was Nil (2023: Nil).

No employee received employee benefits of more than £60,000 during the year (2023: Nil).

See note 12 regarding details of trustees remuneration.

Created : Church

Charitable Incorporated Organisation

Notes to the Financial Statements (continued)

Year ended 30 April 2024

12. Trustee remuneration and expenses

As permitted by the Governing Instrument, Mr A Chaudhary was paid £7,000 in respect of ministry fees.

Mrs P Pinder was reimbursed for purchases made on behalf of the charity totalling £368.

13. Debtors

		2024	2023
		£	£
	Other debtors	15,527	–
		============================	==============
14.	Creditors: amounts falling due within one year
		2024	2023
		£	£
	Accruals and deferred income	900	–
		==============	==============

15. Analysis of charitable funds

Unrestricted funds

			At			At
	1	May	2023	Income	Expenditure	30 Apr 2024
			£	£	£	£
General funds			–	221,338	(22,977)	198,361
			==============	================================	============================	================================
			At			At
	1	May	2022	Income	Expenditure	30 April 2023
			£	£	£	£
General funds			–	–	–	–
			==============	==============	==============	==============

Created : Church

Charitable Incorporated Organisation

Notes to the Financial Statements (continued)

Year ended 30 April 2024

16. Analysis of net assets between funds

		Unrestricted	Total Funds
		Funds	2024
		£	£
Current assets		199,261	199,261
Creditors less than 1 year		(900)	(900)
		--------------------------------	--------------------------------
Net assets		198,361	198,361
		================================	================================
		Unrestricted	Total Funds
		Funds	2023
		£	£
Current assets		–	–
Creditors less than 1 year		–	–
		--------------	--------------
Net assets		–	–
		==============	==============
Analysis of changes in net debt
	At		At
	1 May 2023	Cash flows	30 Apr 2024
	£	£	£
Cash at bank and in hand	–	183,734	183,734
	==============	================================	================================

17. Analysis of changes in net debt

18. Related parties

The Aaron Chaudhary Ministries Fund is a related charity to the Created : Church C.I.O as most of its trustees are also trustees of this charity.

During the year trustees donated the following amounts to the Charity:

Mr A Chaudhary - £2,408 (2023 – £Nil)

Mrs P Pinder - £750 (2023 - £Nil)

Mr D Jarvis - £563 (2023 - £Nil)

A total of £7,330 (2023 - £Nil) was paid to Mrs A Chaudhary for administrative services provided. Mrs A Chaudhary is connected with Mr A Chaudhary who is a trustee of this charity.