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2023-03-31-accounts

•eDGe_ MINISTRIES - Reaching forgotten 'eople in li forgotten places ANNUAL REPORT OF THE TRUSTEES For the year ending 31 March 2023

Edge Ministries Report- Year ending 31 Mar¢h 2022 Page 2 0128

1. OVERVIEW AND VISION 5
2. ACTIVITY DURING THE REPORTING PERIOD 7
3. SUMMARY 10
4. REPORT OF THE TRUSTEES 11
5. INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES 12
6. STATEMENT OF FINANCIAL ACTIVITIES 13
7. STATEMENT OF FINANCIAL POSITION 14
8. NOTES TO THE FINANCIAL STATEMENT 15
9. DETAILED STATEMENT OF FINANCIAL ACTIVITIES 23

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Edge Ministries Report - Year ending 31 March 2022

Edge Ministries Report- Year ending 31 Mar¢h 2022 Page 4 0128

Edge Ministries is a mission focused on providing hope and help for all in 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 centred 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 Edge Faith Community hubs

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

We are working in 5 specific areas across the UK to establish regional Edge Faith Community hubs. These will be self-financing but drawing on the model and rules of life being developed in the Chesterfield EFC. It is hoped to have these up and functioning in the next reporting period.

Events

We host and run occasional larger scale, national events to help people discover and grow in faith in Jesus and enjoy community within a family friendly environment. We aim to give space and time for individuals and families to meet with other people in a Jesus centred 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.

Staff

A new member of staff was taken on team as Director of Community Impact during the reporting period to oversee the development of projects across Chesterfield.

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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 developed in quite miraculous ways, provision of grant funding has been a key part of our ability to deliver this, and we are keen to build on this process.

Chesterfield

Staveley

Edge continues to operate its National HQ from leased offices in Staveley Methodist Church. Discussions are underway to sign a 10 year lease for the majority of the building, allowing us to expand our projects and services to the community. The office space is shared with our partner organisation Christian Vison for Men (CVM). The Edge Centre also operates out of the building, with all projects and services free to all visitors. Strong links have been formed with the local council, health providers and various local businesses and community groups. During the reporting period the following projects were operating:

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Edge Ministries Report - Year ending 31 March 2022

Tupton

The legal transfer of Tupton Evangelical Church to Edge commenced in January 2022, and finally completed in July 2023 (in the next reporting period). However, we were able to build our services and projects and the following were operating in the reporting period:

Holme Hall

The process to finalise the Trust Deed and legal transfer of Holme Hall community centre to Edge Ministries was ongoing during the reporting period. (Note it was finally completed in May 2023, in the next reporting period).

Although unable to operate from the building the local team continued to run a toddler group based in the local school. Good progress was made in preparing / refurbishing the building ready to open fully in the next reporting period, we’re grateful to a large group of volunteers from a supporting church who offered their time and skills to achieve this.

Town wide

The three centres and communities operate as one Edge Faith Community, coming together regularly to worship, eat together and socialise. This includes monthly walks, bimonthly worship evenings and quarterly communion meals. A series of outreach evenings titled ‘Edge Presents’ commenced in March 23 with over 80 people from the EFC and local community attending a fish and chip supper and testimony / gospel talk from Gram Seed.

Edge Centres

During the reporting period in addition to the centres in Chesterfield there were 2 Edge Centres operating across the country, with the specialist support provided by our partners, The Freedom Project.

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.

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Edge Ministries Report - Year ending 31 March 2022

Partner Ministries

Events

Ladies Rise up. Edge Ministries women’s weekend was held in March 2023, with over 80 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.

Discussions are ongoing as to possible future national gatherings of Edge Faith Communities, with opportunities to bring local families and friends to a Gospel centred holiday week. This would replace the previous summer event called ‘EdgeFest’.

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Edge Ministries Report - Year ending 31 March 2022

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

11 January 2024

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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 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 Stopfords (Mansfield) Ltd Synergy House 7 Acorn Business Park Commercial Gate Mansfield Nottinghamshire NG18 1EX

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

Mr Alan Philip Price Trustee

30[th] November 2023

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Edge Ministries Report - Year ending 31 March 2022

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2023 which are set out on pages 13 to 23.

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 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.

Mr Phillip Nicholson

30[th] November 2023

Member of the Institute of Chartered Accountants in England & Wales

Stopfords (Mansfield) Ltd

Chartered Accountants & Registered Auditors Synergy House 7 Acorn Business Park Commercial Gate Mansfield Nottinghamshire NG18 1EX

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Edge Ministries Report - Year ending 31 March 2022

For the year ended 31 March 2023

Notes
Income and endowments from:
Donations and legacies
2
Other trading activities
3
Other income
4
Total
Expenditure on:
Charitable activities
5
Other
Total
Net income/ (expenditure)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Unrestricted
funds
Unrestricted
funds
2023
£
2022
£
246,075
153,893
28,565
36,674
400
274,640
190,967
224,296
200,815
33,336
257,632
200,815
17,008
(9,848)
257,135
266,983
274,143
257,135

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Edge Ministries Report - Year ending 31 March 2022

For the year ended 31 March 2023
Notes
Fixed assets
Tangible assets
8
Current assets
Debtors
9
Cash at bank and in hand
Current assets
Creditors - amounts due within one year
11
Net current assets
Total assets less current liabilities
The funds of the charity
Unrestricted income funds
12
Total funds
30,710
119,373
2023
£
155,122
119,021
33,336
68,555
2022
£
155,244
101,891
150,083 101,891
31,062 -
274,143 257,135
274,143 257,135
274,143 257,135

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

Mr Alan Philip Price Trustee

30[th] November 2023

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Edge Ministries Report - Year ending 31 March 2022

1. Accounting Policies

a. Basis of accounting

The Edge Ministries is a charity registered in England, governed by a trust deed dated 23[rd] September 1964 and last amended 6[th] September 2022. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 11 of these financial statements. The nature of the charity’s operations and principal activities are disclosed on page 5.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

b. Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

c. Critical judgements

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Depreciation

The directors review depreciation rates and useful lives of the tangible fixed assets on an annual basis to ensure the effects of usage, wear and tear or technical obsolescence are reflected in the carrying value of the asset.

Impairment

The directors review fixed assets for indications of impairment in conjunction with review of depreciation above. The company has policies in place to review assets on an ongoing basis.

d. Going concern

These financial statements are prepared on the going concern basis. The trustees have a reasonable expectation that the charity will continue in operational existence for the foreseeable future.

The trustees have considered the level of cash, current assets held and the expected level of income and expenditure for 12 months from authorising these financial statements and reinforce decision making with forecasting, making allowance for all available information.

The trustees consider that the charity’s main activities are underpinned adequately by donations and income from Charitable activities. After careful consideration and evaluation of current management information and forecasts they continue to adopt the going concern basis of preparation.

e. Financial instruments

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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Edge Ministries Report - Year ending 31 March 2022

f. Income

Donations and other forms of voluntary income are recognised within the Accounts when received.

Legacies are accounted for when notified. Income tax recoverable on gifts received is recognised in the period when the gift is received.

g. Investment assets and the income arising

Investment income is treated as income when received.

h. Basis of allocation of expenses

Expenses are recognised when incurred and are apportioned where possible exactly to the category to which they relate.

i. Fund raising

These costs are an allocation of expenses incurred.

j. Tangible fixed assets

Fixed assets are recognised at cost.

Depreciation is charged on computers and office equipment at a rate of 33% per annum.

k. Funds accounting

Funds held by the charity are:

n. Pension costs

The charitable company operates a defined contribution pension scheme. Contributions payable to this scheme are charged to the profit and loss account in the period to which they relate. These contributions are invested separately from the charity’s assets.

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Edge Ministries Report - Year ending 31 March 2022

2. Income from donations and legacies

. Income from donations and legacies
Unrestricted funds
Donations received
2023
£
2022
£
246,075
153,893
246,075
153,893

3. Income earned from other activities

. Income earned from other activities
Events
Rental income
Edge centres
. Other income
Unrestricted funds
CJRS Grants
2023
£
2022
£
16,625
34,574
5,940
2,100
6000
28,565
36,674
2023
£
2022
£
-
400
-
400

4. Other income

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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
. 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
Other costs
Edge Events Ltd - debt written off
Historic debt written off
2023
£
2022
£
101,953
88,072
122,343
112,743
224,296
200,815
2023
£
2022
£
712
99
25,883
28,696
10,554
1,672
1,610
1,320
3,154
2,906
3,284
721
4,329
5,553
301
247
367
323
11,966
9,491
26,935
33,075
287
318
11,032
2,344
14,310
6,357
122
122
114,843
93,244
3,512
17,999
3,988
1,500
112,743
26,600
-
6,736
-
33,336
-

6. Analysis of support costs

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Edge Ministries Report - Year ending 31 March 2022

7. Staff costs and emoluments

Salaries and wages
Average number of staff for the year
Average number of staff - based on equivalent full time
Support staff
2023
£
2022
£
26,935
33,075
26,935
33,075
3
2
3
2

8. Tangible fixed assets

Cost or valuation
At 01 April 2022
At 31 March 2023
Depreciation
At 01 April 2022
Charge for year
At 31 March 2023
Net book values
At 31 March 2023
At 31 March 2022
Land and
Buildings
£
Plant and
Machinery
£
Fixtures and
Fittings
£
Computer
Equipment
£
Total
£
155,000
29,948
11,609
366
173,654
155,000
29,948
11,609
366
173,654
-
29,948
11,609
122
18,288
-
-
-
122
122
-
29,948
11,609
244
18,410
155,000
-
-
122
155,122
155,000
-
-
244
155,244

9. Debtors

Amounts due within one year:
Amounts due by group and associated undertakings
Invoiced debtors
Other debtors
2023
£
2022
£
-
26,600
2,100
-
28,610
6,736
30,710
33,336

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Edge Ministries Report - Year ending 31 March 2022

10. Cash at bank and in hand

0.
Cash at bank and in hand
Lloyds current account
Lloyds treasury account
Lloyds covenant account
Stripe
Petty cash
1.
Creditors
Supplier invoices
Deferred income
Accruals
2023
£
2022
£
101,963
57,446
17,113
11,043
66
66
210
-
21
-
119,373
68,555
2023
£
2022
£
1,596
-
15,000
-
14,466
-
31,062
-

11. Creditors

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Edge Ministries Report - Year ending 31 March 2022

12. Movement in funds

Unrestricted Funds

2.
Movement in funds
nrestricted Funds
Balance at Incoming Outgoing Transfers Balance at
01/04/2022 resources resources 31/03/2023
£ £ £ £ £
General fund 257,135 256,538 (241,806) - 271,867
Designated funds
Mission work - Garden 3,313 (3,313)
Warm Welcome 4,789 (4,789)
Holme Hall Refurbishment 10,000 (7,724) 2,276
18,102 (15,826)
257,135 274,640 257,632 - 274,143
nrestricted Funds – Previous Year
Balance at Incoming Outgoing Transfers Balance at
01/04/2022 resources resources 31/03/2022
£ £ £ £ £
General fund 266,983 190,967 (200,815) - 257,135
266,983 190,967 (200,815) - 257,135

Unrestricted Funds – Previous Year

Purpose of unrestricted designated funds

Mission work – Garden To develop a Community garden at Staveley Edge Centre, with opportunities for local groups and individuals to assist and utilise the space for mental and physical well-being. Warm Welcome Part of the Warm Welcome national scheme, providing an open space for anyone in the community General fund General refurbishment of the building prior to opening as Edge Centre.

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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
Designated
Previous year
Unrestricted funds
General
General
Tangible
fixed assets
£
Net current
assets /
(liabilities)
£
Net Assets
£
155,122
116,745
271,867
2,276
2,276
155,122
119,021
274,143
Tangible
fixed assets
£
Net current
assets /
(liabilities)
£
Net Assets
£
155,244
101,891
257,135
155,244
101,891
257,135

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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
Edge centres
Other income
CJRS Grants
Total incoming resources
EXPENDITURE
Raising donations and legacies
Mission work
SUPPORT COSTS
Support Costs
Support Costs
Governance costs
Governance costs
Other costs
Edge Events Ltd - debt written off
Historic debt written off
Total resources expended
Net Income
2023
£
2022
£
15,744
9,504
230,331
144,389
246,075
153,893
16,625
34,574
5,940
2,100
6,000
-
28,565
36,674
-
400
-
400
274,640
190,967
101,953
(88,072)
101,953
(88,072)
114,843
(93,244)
114,843
(93,244)
7,500
(19,499)
7,500
(19,499)
26,600
6,736
33,336
257,632
(200,815)
17,008
(9,848)

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Edge Ministries Report - Year ending 31 March 2022

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Edge Ministries Report - Year ending 31 March 2022

. hepGe , MINISTRIES ChesterfieiThoad Staveley Chesterfield S43 3XD '¥rn',F , edgeministries.net

edge-ministries-annual-report-2022-23

Final Audit Report

2024-01-16

Created: 2024-01-15 By: Alastair Weller (al.weller@edgeministries.net) Status: Signed Transaction ID: CBJCHBCAABAAevlA8oNqRN4WX_LijrHwyWET4yb12eLm

"edge-ministries-annual-report-2022-23" History

Document created by Alastair Weller (al.weller@edgeministries.net)

2024-01-15 - 2:53:23 PM GMT

Document emailed to phil@stopfords.co.uk for signature

2024-01-15 - 2:53:28 PM GMT

Email viewed by phil@stopfords.co.uk

2024-01-15 - 2:53:39 PM GMT

Signer phil@stopfords.co.uk entered name at signing as Mr Phillip Nicholson 2024-01-16 - 9:35:21 AM GMT

Document e-signed by Mr Phillip Nicholson (phil@stopfords.co.uk) Signature Date: 2024-01-16 - 9:35:23 AM GMT - Time Source: server

Agreement completed.

2024-01-16 - 9:35:23 AM GMT