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2022-03-31-accounts

•eDGe_ MINISTRIES - Reaching forgotten 'eople in li forgotten places ANNUAL REPORT OF THE TRUSTEES For the year ending 31 March 2022

Edge Ministries Report- Year ending 31 Mar¢h 2022 Page 2 0121

1. OVER VIEW AND VISION 5
2. ACTIVITY DURING THE REPORTING PERIOD 7
3. SUMMARY 9
4. REPORT OF THE TRUSTEES 10
5. INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES 11
6. STATEMENT OF FINANCIAL ACTIVITIES 12
7. STATEMENT OF FINANCIAL POSITION 13
8. NOTES TO THE FINANCIAL STATEMENT 14
9. DETAILED STATEMENT OF FINANCIAL ACTIVITIES 19

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Edge Ministries Report - Year ending 31 March 2022

Edge Ministries Report- Year ending 31 Mar¢h 2022 Page 4 0121

Edge Ministries is a mission focused on reaching all forgotten people in all forgotten places. We do this in several ways:

The Edge Faith Community

In the heart of the UK, we have established our Edge Faith Community, a band of missionaries committed to proclaiming Christ, serving the poor, living to a set of simple Christ centered values and practicing what it means to live as a dispersed community together. Regularly sharing communion meals, committing to serve our wider community, following a simple rule of life called ‘Stuff we do’ and keeping the sabbath holy. We operate ‘open living rooms’ as a place of welcome and hospitality/ We worship, pray and eat together regularly. Everything we do tends to point to gathering around a table, and the table points to Christ. This is our ‘church’ community, dispersed across three sites in Chesterfield. These become akin to mini villages, bursting with activity.

Edge Centres

These are rescue centres that are manned by a team of local volunteers, alongside expert help from our associates to provide all manner of help, hope and interventions. Offering housing, benefits and debt advice, parenting courses, toddler groups, recovery work, counselling, community gardens, drop in cafes, social activities, preloved school uniform shops, community support groups and more. Each Edge Centre offers a warm, non-judgmental welcome to all, regardless of gender, race, or religion in the local community.

Evangelism

As a ministry we are completely committed to evangelism and outreach. The teams at each Edge Centre are passionate about sharing their faith in a friendly and non-judgmental manner. Carl Beech who leads Edge Ministries, is regularly in demand to communicate the good news of Christ to churches, events and festivals. We also train and mentor evangelists alongside mission and church leaders.

Mission partnerships and Alliances

We work closely with many national and local mission agencies to power the Edge Centres, projects within the Edge Community and our associate Edge Centres across the country.

Edge Associate Churches and Communities

We have a network of associate churches and leaders who mutually support, encourage, and pray for each other. They all have a heart for the poor and are working in acutely deprived communities. We also work with a small number of churches to help them get on the front foot of mission or help them through difficult seasons.

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Edge Ministries Report - Year ending 31 March 2022

Events

We host and run occasional larger scale, national events to help people discover and grow in faith in Jesus and enjoy community across a family friendly environment. We aim to give space and time for individuals and families to meet with other people in a Jesus centered atmosphere. We offer a non-judgmental, love and grace filled approach to people from all backgrounds, struggles and challenges. We give free or reduced-price tickets to those who are facing financial hardships and wish to attend.

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Edge Ministries Report - Year ending 31 March 2022

This year has seen incremental growth across our main hub in Chesterfield, and the growth of services provided from the Edge Centre’s. Some of this has been unexpected with buildings and Centre’s being acquired in quite miraculous ways.

Chesterfield

Staveley

Edge moved into new leased offices in Staveley Methodist Church in October 2021. The office space is shared with our partner organization Christian Vison for Men (CVM). The Edge Centre opened in the building at the same time, providing a community café with free advice, social activities, and a base for outreach via the Communion meals held fortnightly. At the end of the reporting period, numbers attending the café were 20 – 25 weekly, with 2-3 receiving advice from the on-site advisor. Around 25 – 30 were attending the Communion meals on a regular basis. The team also started work on the community garden project on land to the front and rear of the building. Strong links have been formed with the local council, health and social service providers and various community partners. Other projects have subsequently commenced outside the reporting period including preloved school unform events. Discussions will be held within the next reporting period to extend the lease on the building.

Tupton

Edge was approached by the Trustees of Tupton Evangelical Church, to offer to transfer their chapel building to us free of charge. This process commenced in January 2022, when we were also able to open an Edge Centre. A team rapidly grew up in the area and by the end of the reporting period were running toddler group and Communion meal. The Community Café with advice service commenced outside the reporting period, alongside a preloved school uniform event. It is anticipated that the legal transfer of the building will be completed by end of 2022.

Holme Hall

The opportunity arose to purchase Holmebrook Valley Family Centre. This is situated on a deprived estate in the North of Chesterfield. Funds were gifted by a supporter, and the process commenced. Due to legal requirements to place the building into a trust with a lasting covenant, the process has taken a lot longer to complete than predicted. At the end of the reporting period the building had been sold to a third-party trust thus securing it for community use. A binding agreement is in place between the holding Trust and Edge Ministries that Edge will take on ownership on satisfactory completion of the legal requirements. It is anticipated that this will occur within the next reporting period. During this interim phase we are not able to operate from the building but have commenced some internal refurbishment works.

Although unable to operate from the building the local team have started a toddler group based in the local school and are well placed to rapidly establish the Edge Centre and Edge Faith

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Edge Ministries Report - Year ending 31 March 2022

Community once ownership is finalised. The team have been fully trained by our partner Kids Matter to run parenting courses.

Town wide

The three centres and communities operate as one Edge Faith Community, coming together regularly to worship, eat together and socialize. This includes monthly walks, bimonthly worship evenings and quarterly communion meals.

Edge Centres

During the reporting period in addition to the Centres in Chesterfield there were 4 Edge Centres operating across the country, with the specialist support provided by our partners, The Freedom Project. Enquiries continue to come in expressing interest in opening Centres in different locations nationally.

Associate Churches and Leaders network

The network of church leaders has grown to over 100, and plans are being developed to establish Edge Faith Community hubs in key locations across the country, modelled on the work in Chesterfield.

Partner Ministries

Events

EdgeFest was not held in 2021 due to the pandemic.

Rise Up. Edge Ministries women’s weekend was held in March 2021, with over 70 women coming together to pray and explore their calling to serve God in their local community and raise up leaders from across the Edge Faith Communities.

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Edge Ministries Report - Year ending 31 March 2022

Since relaunching Good News Crusade as Edge Ministries in 2018 the Trustees have been excited to see the new vision firmly established, and the board believes Edge Ministries is perfectly placed to provide a growing level of support and hope to many in some of the most challenging areas of deprivation in the UK.

The Trustees are thankful to God for the financial support from individuals, churches and trust fund grants that have enabled the work to grow over the reporting period, which places Edge Ministries in a sound position as reported in the annual accounts.

Approved by the Board of Trustees and signed on its behalf

Mr Alan Philip Price

12 December 2022

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Edge Ministries Report - Year ending 31 March 2022

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity The Edge Ministries Charity registration number 225483 Principal address Staveley Methodist Church Chesterfield Road Staveley Chesterfield Derbyshire S43 3XD

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Mr Alan Philip Price Mr Anthony William Pearse Mr Stephen Kenneth Martin Independent examiners GSB Accountancy 10 Cormorant Drive St Austell Cornwall PL25 3BA

Approved by the Board of Trustees and signed on its behalf by

Mr Alan Philip Price 12 December 2022 Trustee

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Edge Ministries Report - Year ending 31 March 2022

I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2022.

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 2011 Act').

I report in respect of my examination of the charity'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 examiners 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 that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts 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.

G Bawden

GSB Accountancy

10 Cormorant Drive

St Austell

Cornwall PL25 3BA 13[th] January 2022

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Edge Ministries Report - Year ending 31 March 2022

Notes
Income and endowments from:
Donations and legacies
2
Other trading activities
3
Other income
4
Total
Expenditure on:
Mission work
5
Total
Net income/expenditure
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Unrestricted
funds
£
2020
£
153,893
139,768
36,674
-
400
7,062
190,967
146,830
(200,815)
(143,074)
(200,815)
(143,074)
(9,848)
3,756
266,983
108,227
257,135
111,983

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Edge Ministries Report - Year ending 31 March 2022

Notes
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity
Unrestricted income funds
12
Total funds
2022
2021
155,244
155,366
155,244
155,366
33,336
33,336
68,555
78,281
101,891
111,617
101,891
111,617
257,135
266,983
257,135
266,983
257,135
266,983
257,135
266,983

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

Mr Alan Philip Price Trustee

12 December 2022

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Edge Ministries Report - Year ending 31 March 2022

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.

The Edge Ministries meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

2. Income from donations and legacies

Unrestricted funds
Donations received
2022
£
2021
£
153,893
139,768
153,893
139,768

3. Income earned from other activities

Events
Rental income
2022
£
2021
£
34,574
-
2,100
-
36,674
-

4. Other income

Unrestricted funds
CJRS Grants
2022
£
2021
£
400
7,062
400
7,062

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Edge Ministries Report - Year ending 31 March 2022

5. Expenditure on generating donations and legacies

Unrestricted funds
Mission work
Support costs
2022
£
2021
£
88,072
86,671
112,743
56,403
200,815
143,074

6. Analysis of support costs

6. Analysis of support costs
Voluntary Income
Support Costs
Bank charges
Events
Fund raising costs
Insurance
IT, website and design
Light and heat
Office costs
Post and stationery
Telephone
Travel and subsistence
Wages
Safeguarding
Property (Maintenance)
Property (Rent)
Depreciation
Governance costs
Legal fees
Accountancy fees
2022
£
2021
£
99
112
28,696
4,358
1,672
4,281
1,320
955
2,906
6,799
721
938
5,553
82
247
123
323
338
9,491
6,287
33,075
30,685
318
-
2,344
-
6,357
-
122
-
93,244
54,958
17,999
(55)
1,500
1,500
112,743
56,403

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Edge Ministries Report - Year ending 31 March 2022

7. Net income/(expenditure) for the year

This is stated after charging/(crediting):

his is stated after charging/(crediting):
2022 2021
£ £
Accountancy fees 1,500 1,500
Office costs 5,553 82
Post and stationery 247 123
Fund raising costs 1,672 4,281
IT, website and design 2,906 6,799
Events 28,696 4,358
8. Staff costs and emoluments
Salaries and wages
2022
£
2021
£
33,075
30,685
33,075
30,685

9. Comparative for the Statement of Financial Activities

The comparative year values on the Statement of Financial Activities are for unrestricted funds.

10. Tangible fixed assets

Cost or valuation
At 01 April 2021
At 31 March 2022
Depreciation
At 01 April 2021
Charge for year
At 31 March 2022
Net book values
At 31 March 2021
At 31 March 2022
Land and
Buildings
£
Plant and
Machinery
£
Fixtures and
Fittings
£
Computer
Equipment
£
Total
£
131,731
29,948
11,609
366
173,654
131,731
29,948
11,609
366
173,654
(23,269)
29,948
11,609
-
18,288
-
-
-
122
122
(23,269)
29,948
11,609
122
18,410
155,000
-
-
244
155,244
155,000
-
-
366
155,366

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Edge Ministries Report - Year ending 31 March 2022

11. Debtors

11. Debtors
Amounts due within one year:
Amounts due by group and associated undertakings
Other debtors
2022
£
2021
£
26,600
26,600
6,736
6,736
33,336
33,336

Amounts due by group and associated undertakings represents the inclusion of a loan to The Edge Events Limited of £26,600. This has been adjusted within the Financial Statements to reflect the existence of the loan prior to the 31st March 2020.

12. Movement in funds

Unrestricted Funds

Unrestricted Funds
Balance at Incoming Outgoing Transfers Balance at
01/04/2021 resources resources 31/03/2022
£ £ £ £ £
General
General 266,983 190,967 (200,815) - 257,135
266,983 190,967 (200,815) - 257,135
Unrestricted Funds – Previous Year
Balance at Incoming Outgoing Transfers Balance at
01/04/2020 resources resources 31/03/2021
£ £ £ £ £
General
General 108,227 146,830 (143,074) 155,000 266,983
108,227 146,830 (143,074) 155,000 266,983

Purpose of unrestricted Funds

General

General fund

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Edge Ministries Report - Year ending 31 March 2022

13. Analysis of net assets between funds

13. Analysis of net assets between funds
Unrestricted funds
General
General
Previous year
Unrestricted funds
General
General
Tangible
fixed assets
£
Net current
assets /
(liabilities)
£
Net Assets
£
155,244
101,891
257,135
155,244
101,891
257,135
Tangible
fixed assets
£
Net current
assets /
(liabilities)
£
Net Assets
£
155,366
111,617
266,983
155,366
111,617
266,983

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Edge Ministries Report - Year ending 31 March 2022

INCOME AND ENDOWMENT
Donations and legacies
Gift aid
Donations
Other trading activities
Events
Rents received
Other income
CJRS Grants
Total incoming resources
EXPENDITURE
Raising donations and legacies
Mission work
SUPPORT COSTS
Support Costs
Support Costs
Governance costs
Governance costs
Total resources expended
Net Income
2022
£
2021
£
9,504
9,579
144,389
130,189
153,893
139,768
34,574
-
2,100
-
36,674
-
400
7,062
400
7,062
190,967
146,830
(88,072)
(86,671)
(88,072)
(86,671)
(93,244)
(54,958)
(93,244)
(54,958)
(19,499)
(1,445)
(19,499)
(1,445)
(200,815)
(143,074)
(9,848)
3,756

This page does not form part of the statutory financial statements Edge Ministries Report - Year ending 31 March 2022

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