## **NXT Move Europe Charity No. 1205044** ## **Annual Report and Financial Statements** **Period from 3[rd] October 2023 to 31[st] December 2024** Page 1 **NXT Move Europe Year ended 31st December 2024** ## **__________________________________________________________________** ## **NXT Move Europe Reference and administrative details** Trustees (appointed 3[rd] October 2023) Pete Baker Dan Randall Louise Yip Andrew Belfield Colin Piper Principal address Life Church 30 Sycamore Ave Burnley BB12 6QP Bankers Virgin Money Registered Charity Number 120544 Independent Examiner M R Heaton FCCA FCIE DchA KM Chartered Accountants 1[st] Floor, Block C The Wharf Manchester Road Burnley BB11 1JG Page 2 **NXT Move Europe Year ended 31st December 2024** ## **__________________________________________________________________** ## **TRUSTEES ANNUAL REPORT** The trustees present their first annual report with the financial statements of the charity for the year ended 31[st] December 2024. ## **OBJECTIVES** The objects of the charity, as per its constitution dated 3[rd] October 2023 are: for the public benefit, the advancement of the Christian faith, in particular but not exclusively, by providing , and facilitating training to organisations and their leaders and providing resources in order to build capacity among ministry leaders, churches or missions to equip and enable them to carry out evangelism and missionary work and deliver charitable projects in disadvantaged communities. ## **ACHIEVEMENTS AND PERFORMANCE** During the period, there has been a demonstration of the stated objectives. We can report that we have delivered: mentoring and coaching to Christian leaders to equip them to deliver hands-on leadership training opportunities and develop new leaders; creating resources for development in leadership, faith and life - for the advancement of the Christian faith; training young leaders of charities and churches by facilitating leadership training events (conferences, etc); developing different expressions of church in community, business and other spaces outside the ordinary Sunday services that churches normally hold. In particular: ## **Lancashire** - Facilitated The Gathering for youth leaders of Lancashire continued and grew serving more youth leaders in Lancashire ## **United Kingdom** - Helped run Amplify Young Evangelists Academy: has now 150 people in the programme this year - Helped launch The SEND UK & Ireland in the build up to the Wembley gathering in July **Europe** - Hosted and shaped the general assembly of the European Evangelical Alliance - Took on the leadership of the European Youth Ministry Network: serving over 400 national and regional youth leaders in Europe - Ran Dare2Share Live across Europe in 11 different nations: www.dare2share.org/events/live/ - Hosted leaders from across Europe at the National Youth Ministry Weekend - Created speaking opportunities to inspire people to focus on mission in the next generation - Facilitated ‘NOW Conversations – Not On Our Watch – catalytic conversations with rooms of leads to help them look at the reality and collaborate together in: Portugal, Bosnia, and Italy Page 3 **NXT Move Europe Year ended 31st December 2024** ## **__________________________________________________________________** - Mentored and coached 20+ leaders - Launched the Community of 15-20 national leaders for a heart for collaboration and next generation mission from 15-20 different nations - Launched 3 new tables / collaborative groups - Gospel Advancing – seeking to raise up more young gospel advancing leaders - Next Gen Bible Engagement – hosted with Biblica helping ministries collaborate around the missional nature of scripture - Raising Young Business and Entrepreneur Kingdom Minded Leaders ## **PUBLIC BENEFIT** In accordance with our objectives for this year, and with due regard to the published Charity Commission guidance on the operation of the Public Benefit requirements of the Charities Act 2006, the trustees have undertaken appropriate activities in furtherance of these aims for the public benefit. This report explains how our activities achieve public benefit. ## **FINANCIAL REVIEW** Our principal funding sources are grants, individual giving, organisational giving, consultancy and charity partnerships. The trustees of NXT Move Europe consider that an appropriate level of reserves that should be held to cover future funding needs is between 2 and 3 months historic costs (based upon the average costs incurred in the previous three-month period - excluding any large one off exceptional expenditure). At the year end our reserves, being the amounts held in bank accounts, amounted to £11,544. The organisation’s ongoing giving and income is very stable, coming from diverse sources, and the trustees consider that it would be possible to take fundraising or cost saving action in good time should the reserves seem to be heading below target level. Reserves will be held on deposit in a current or deposit account with the organisation’s approved bankers. As the charity grows, the trustees would like to increase the charity’s giving. The charity, therefore, has a grant making policy. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The charity is a Foundation Charitable Incorporated Organisation and is governed by its constitution dated 3[rd] October 2023. 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. ## **Risks and uncertainties** At quarterly meetings, the trustees discuss business risks and implement systems to mitigate these risk, ensuring they are regularly monitored. The principal risks the trustees recognise the charity facing are unforeseen demand for our services and the termination of funding from other services. Page 4 **NXT Move Europe Year ended 31st December 2024** ## **__________________________________________________________________** This report was approved by the trustees on 21st March 2025 and signed on their behalf by: Pete Baker **Trustee** Page 5 **NXT Move Europe Year ended 31st December 2024** ## **__________________________________________________________________** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NXT MOVE EUROPE** I report to the charity trustees on my examination of the accounts of the charity for the period ended 31[st ] December 2024 ## **Responsibilities and basis of report** As the charity's 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 charity’s accounts carried out under section 145 of the 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 matters have come to my attention in connection with the examination giving me cause to believe: - (1) accounting records were not kept in respect of the charity as required by Section 130 of the Act; or - (2) the accounts do not accord with those 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. M R Heaton FCCA FCIE DChA KM Chartered Accountants 1[st] Floor, Block C, The Wharf Burnley Lancashire BB11 1JG ## **13th March, 2025** Page 6 **NXT Move Europe Year ended 31st December 2024** ## **__________________________________________________________________** ## **RECEIPTS AND PAYMENTS ACCOUNT** ||Period ended
Period ended
**31.12.24**
**31.12.24**
**General**
**£**
**Restricted**
**£**|Period ended
Period ended
**31.12.24**
**31.12.24**
**General**
**£**
**Restricted**
**£**|Period ended
Period ended
**31.12.24**
**31.12.24**
**General**
**£**
**Restricted**
**£**| |---|---|---|---| ||||| ||||| |**Receipts**|||| ||||| |Grant
Organisational contributions
Consultancy
Individual giving
Gift Aid
Honorarium
Total Receipts|3,000||| ||26437
15750
11881
1365
307||| ||||**3000**| ||**55740**||| ||||| ||||| |**Payments**|||| ||||| |Salaries and consultancy
Transport
Gatherings and conferences
Office costs
Other costs
Total payments|33367
5132
1157
2080
757
3783||| ||||**2080**| ||**44196**||| ||||| ||||| |Net receipts|||**920**| ||**11544**||| ||||| ||||| |Balances bfd|||**-**| ||**-**||| ||||| ||||| |Balances cfd|||**920**| ||**11544**||| ||||| ||||| ||||| |**STATEMENT OF ASSETS AND LIABILITIES**|||| Page 7 **NXT Move Europe Year ended 31st December 2024** ## **__________________________________________________________________** ||||| |---|---|---|---| |Bank balances|||**920**| ||**11544**||| ||||| ||||| |Amounts invoiced not received|||**-**| ||**1350**||| ||||| ||||| This report was approved by the trustees on 21st March 2025 and signed on their behalf by: Pete Baker **Trustee** NOTES TO THE FINANCIAL STATEMENTS Page 8 **NXT Move Europe Year ended 31st December 2024** ## **__________________________________________________________________** 1. Basis of preparation These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities Act 2011. 2. Fund Accounting - (a) Unrestricted funds are those that can be expended at the discretion of the trustees in the furtherance of the objects of the charity - (b) Restricted funds are those that may only be used for specific purposes. Restrictions arise when specified by the donor. 3. Taxation The charity is not liable to tax on its charitable activities. The charity is not registered for VAT. Irrecoverable VAT is included in the expense to which it relates. 4. Transactions with trustees Dan Randall and Marina Randall: These are the only employees of the charity. Dan is a trustee. This is authorised by the charity constitution. No remuneration nor expenses were paid to any of the other trustees or any persons connected with them during the year. Page 9