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2024-07-31-accounts

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5

The Christian Fellowship, Norwich

Charity No. 288046

Trustees' Report and Unaudited Accounts

31 July 2024

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5 The Christian Fellowship, Norwich Contents

Pages
Trustees' Annual Report 2 to 4
Independent Examiner's Report to 5
Statement of Financial Activities to 6
Balance Sheet to 7
Notes to the Accounts 8 to 15
Detailed Statement of Financial Activities 16 to 17

Page 1

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5

The Christian Fellowship, Norwich Trustees Annual Report

The Christian Fellowship

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 July 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 288046

Principal Office

New Hope Christian Centre Martineau Lane

Norwich NR1 2HX

Trustees

The following trustees served during the year:

J. Betts (Resigned 19 October 2023) E. Davey D. Elkins (Appointed 13 February 2024) E. Makuve R. Sadler (Appointed 13 February 2024) R. Smith (Resigned 1 August 2023)

Accountants

Andrew Parker Associates Ltd

Unit 7

Beech Avenue Business Park Beech Avenue, Taverham Norwich NR8 6HW

OBJECTIVES AND ACTIVITIES

Overview

Summer Programme

We have had the privilege of hosting the Rev. Dr. Joseph Boot, who came and spoke to us on Coronation, Kingship and the Gospel, which was a fantastic evening launching this year's Summer Programme. He also preached for us at our Sunday service.

We have been holding a teaching series focussing on Romans 8, which has been beneficial to the life of the church, being able to slow down and study in depth one chapter as opposed to our regular overview of whole books. Alongside this series, we have held a worship night on the farm, a book club discussion night on Islamic apologetics, and an evening where John Betts shared his life journey - the lessons he has learnt and many testimonies along the way.

We had Dan Gower from Open Doors spend an evening with us sharing stories from the persecuted church and helping us to engage creatively in prayer for our brothers and sisters in Christ. This was a sobering and impactful night, even though many of us are aware of the work that Open Doors is engaged in.

Page 2

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5 The Christian Fellowship, Norwich Trustees Annual Report

Overseas Mission

Victor continues to visit the Home of the Sparrow orphanage annually which maintains excellent relationships with the ministry. Our mission secretaries have been maintaining correspondence with the other ministries we support for over a year now, and this has greatly improved our communication and ability to support them in prayer by knowing more up to date details of their programmes and needs.

City Ministries

We held a Christmas Outreach together in the city, singing carols, preaching simple Christmas gospel messages, handing out Gospel tracts and holding a CBR UK display. This was very encouraging to continue to work together and stand for the gospel in the public sphere.

For Good Friday, we gathered together for an outreach event at Norwich market. This is such a great time to declare the good news on the streets and change the atmosphere through prayer and worship.

At the end of July, we held a joint week of prayer and fasting, gathering around the various locations of those involved in City Ministries and praying together. This culminated with a Pride parade outreach where we worshiped and preached amidst the parade. As a result, several people committed themselves to Christ! Hallelujah!

Ministry Events

We held a drop in party at Jubilee park for Halloween, with many games with sweets as prizes, the coffee cart and the hope bus where we gave a gospel message of Christ as the light in the darkness.

A new idea that we tried with success was an evangelism meal. We encouraged people to invite non-Christian friends or family to a free 3 course meal at church, but between courses various people shared a 2 minute testimony finished by one longer testimony and gospel challenge. This was very well attended, great food and atmosphere and encouraged great conversations with those among whom we have been witnessing. As a result, one lady began a journey which has resulted in her becoming a Christian!

ACHIEVEMENTS AND PERFORMANCE

Bilney

We were delighted to host several representatives of Memoria Press, who gave an excellent presentation of Classical Christian Education to interested families. They are beginning to adapt their curriculum for the UK and so we look forward to staying in touch and seeing what comes from this.

For the first time, another church in Norwich opened their doors to us to share the vision for Bilney. We had the opportunity to speak with parents and teachers from City Gates and had many sign ups from parents who will be interested in several years, and teachers eager to explore other options apart from secular schools.

We felt that God was taking us in a slightly different direction and so what wee had originally shared (school) was not in line with the desire to help reunite families and provide educational support to the parents in their primary role as educators. We visited Veritas Academy in Austin, Texas, where we had the privilege of seeing how a collaborative classical Christian school operates, and this helped us in refining what we believed God was calling us to do.

Page 3

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5

The Christian Fellowship, Norwich

Trustees Annual Report

STRUCTURE, GOVERNANCE AND MANAGEMENT

We welcomed two new trustees, Duane and Richard, for whom we are extremely thankful.

Appointment of Trustees

Is by recognition of the two church leaders and Senior Management Team. A formal interview is conducted to ensure the candidate meets the standards required for a leadership role in the church. Trustees will have been in church membership for over 1 year, at least 21 years of age, and completed a church induction course.

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

E. Davey Trustee 01 October 2024

Page 4

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5 The Christian Fellowship, Norwich Independent Examiners Report

Independent Examiner's Report to the trustees of The Christian Fellowship, Norwich

I report to the trustees on my examination of the financial statements of The Christian Fellowship, Norwich for the year ended 31 July 2024.

Responsibilities and basis of report

As the charity's trustees 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 can 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:

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 financial statements to be reached.

Andrew Parker FCCA

Andrew Parker Associates Ltd Unit 7

Beech Avenue Business Park Beech Avenue, Taverham Norwich NR8 6HW

01 October 2024

Page 5

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5 The Christian Fellowship, Norwich Statement of Financial Activities

for the year ended 31 July 2024

Notes
Income and endowments
from:
Donations and legacies
3
Other
4
Total
Expenditure on:
Charitable activities
5
Other
6
Total
Net gains on investments
Net expenditure
7
Transfers between funds
Net expenditure before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
funds
Restricted
funds
Total funds Total funds
2024 2024 2024 2023
£ £ £ £
68,379 3,458 71,837 87,730
5,975 - 5,975 4,539
74,354 3,458 77,812 92,269
38,868 4,636 43,504 35,468
54,805 8,762 63,567 61,442
93,673 13,398 107,071 96,910
- - - -
(19,319) (9,940) (29,259) (4,641)
(1,600) 1,600 - -
(20,919) (8,340) (29,259) (4,641)
(20,919) (8,340) (29,259) (4,641)
49,285 69,139 118,424 123,065
28,366 60,799 89,165 118,424

Page 6

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5

The Christian Fellowship, Norwich Balance Sheet

at 31 July 2024

Charity No. 288046
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors:Amount falling due within one year
11
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
12
Restricted income funds
Unrestricted funds
12
General funds
Reserves
12
Total funds
2024
£
67,054
67,054
4,287
21,695
25,982
(3,871)
22,111
89,165
89,165
89,165
60,799
60,799
28,366
28,366
89,165
2023
£
81,619
81,619
4,353
35,043
39,396
(2,591)
36,805
118,424
118,424
118,424
69,139
69,139
49,285
49,285
118,424

Approved by the trustees on 01 October 2024

And signed on their behalf by:

E. Davey Trustee 01 October 2024

Page 7

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5 The Christian Fellowship, Norwich

Notes to the Accounts

for the year ended 31 July 2024

Basis of preparation

The financial statements have been prepared in accordance with 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 if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 8

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5 The Christian Fellowship, Norwich

Notes to the Accounts

Expenditure

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Freehold property 5% straight line kitchen refurbushment 20% straight line Office equipment 25% straight line Fixtures and fittings 15% reducing balance

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 9

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5 The Christian Fellowship, Norwich

Notes to the Accounts

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to the charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Page 10

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5

The Christian Fellowship, Norwich

Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Statement of Financial Activities - prior year

2
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Other
Total
Expenditure on:
Charitable activities
Other
Total
Net income
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
4
Other income
Unrestricted
£
68,379
68,379
Unrestricted
funds
2023
£
77,977
4,539
82,516
29,771
52,680
82,451
65
(1,671)
(1,606)
(1,606)
50,891
49,285
Restricted
£
3,458
3,458
Unrestricted
£
5,975
5,975
Restricted
funds
2023
£
9,753
-
9,753
5,697
8,762
14,459
(4,706)
1,671
(3,035)
(3,035)
72,174
69,139
Total
2024
£
71,837
71,837
Total
2024
£
5,975
5,975
Total funds
2023
£
87,730
4,539
92,269
35,468
61,442
96,910
(4,641)
-
(4,641)
(4,641)
123,065
118,424
Total
2023
£
87,730
87,730
Total
2023
£
4,539
4,539

Page 11

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5

The Christian Fellowship, Norwich Christian Fellowship, Norwich
Notes to the Accounts
5 Expenditure on charitable activities
Unrestricted Restricted Total Total
2024 2023
£ £ £ £
Expenditure on charitable
activities
38,868 4,636 43,504 35,468
Governance costs
38,868 4,636 43,504 35,468
6 Other expenditure
Unrestricted Restricted Total Total
2024 2023
£ £ £ £
Employee costs 49,002 - 49,002 46,825
Amortisation, depreciation,
impairment, profit/loss on 5,803 8,762 14,565 14,617
disposal of fixed assets
54,805 8,762 63,567 61,442
7 Net expenditure before transfers
2024 2023
This is stated after charging: £ £
Depreciation of owned fixed assets 14,565 14,617
8 Staff costs
2024 2023
Salaries and wages 46,543 46,179
Pension costs 2,459 646
49,002 46,825
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
2024 2023
Number Number
Charitable activities 3 3
Administration 2 2
5 5

Page 12

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5

The Christian Fellowship, Norwich

Notes to the Accounts

9 Tangible fixed assets

9
Tangible fixed assets
Land and
buildings
£
Cost or revaluation
At 1 August 2023
234,318
At 31 July 2024
234,318
Depreciation and
impairment
At 1 August 2023
156,199
Depreciation charge for the
year
11,425
At 31 July 2024
167,624
Net book values
At 31 July 2024
66,694
At 31 July 2023
78,119
10 Debtors
Trade debtors
Prepayments and accrued income
11 Creditors:
amounts falling due within one year
Other creditors
kitchen
refurbushme
nt
Office
equipment
Fixtures and
fittings
£
12,353
12,353
11,931
63
11,994
359
422
Total
£
276,777
£
14,721
14,721
14,720
-
14,720
1
1
£
15,385
15,385
12,308
3,077
15,385
-
3,077
2024
£
3,171
1,116
4,287
2024
£
3,871
3,871
276,777
195,158
14,565
209,723
67,054
81,619
2023
£
3,550
803
4,353
2023
£
2,591
2,591

Page 13

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5

The Christian Fellowship, Norwich

Notes to the Accounts

12 Movement in funds

Movement in funds
At 1 August
2023
1,526
3,077
56,841
1,784
354
262
150
5,145
69,139
49,285
118,424
Incoming
resources
(including
other
gains/losses)
£
648
-
-
251
-
-
2,017
542
3,458
74,354
77,812
Resources
expended
£
Gross
transfers
£
-
-
-
-
-
-
1,600
-
1,600
(1,600)
-
At 31 July
2024
£
2,174
-
51,156
1,166
354
262
-
5,687
Restricted funds:
Restricted income funds:
Student fund
Kitchen refurbishment fund
2019/20
Building refurbishment fund
2013
Pastoral fund
Food bank
City Ministries
Ministry Budget
School project
Total
Unrestricted funds:
General funds
Total funds
-
(3,077)
(5,685)
(869)
-
-
(3,767)
-
(13,398)
(93,673)
(107,071)
60,799
28,366
89,165

Purposes and restrictions in relation to the funds:

Restricted funds: Student fund A fund to support our Students accessing training. Kitchen refurbishment fund This was charged to capital and is being depreciated over 5 years. 2019/20 Building refurbishment fund The refurbishment in 2013 was charged to capital, depreciated over 20 2013 years. Pastoral fund Donations to be used to support any member of the congregation with an emergency financial need. Food bank A fund to support the work of Foodbank at the New Hope Christian Centre. City Ministries A fund to support work in the city together with other ministries. Ministry Budget Only the money under the Fund 'Specific Appeal' is restricted. School project Holding money for this project until they can have their own account.

Page 14

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5 The Christian Fellowship, Norwich

Notes to the Accounts

13 Analysis of net assets between funds

13 Analysis of net assets between funds
Fixed assets
Net current assets
14 Reconciliation of net debt
Cash and cash equivalents
Net debt
Unrestricted
funds
£
10,213
13,522
23,735
At 1 August
2023
£
Restricted
funds
£
56,841
8,589
65,430
Cash flows
£
Total
£
67,054
22,111
89,165
At 31 July
2024
£
35,043 (13,348) 21,695
35,043
35,043
(13,348)
(13,348)
21,695
21,695
15 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases
2024
Land and
buildings
£
Operating leases with expiry date:
Pension commitments
The pension cost charge to the charity
amounted to:
are as follows:
2024
Other
£
2024
£
2,459
2023
Land and
buildings
£
2023
Other
£
2023
£
646

Page 15

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5 The Christian Fellowship, Norwich Detailed Statement of Financial Activities

for the year ended 31 July 2024

Income and endowments from:
Donations and legacies
Other
Total income and endowments
Expenditure on:
Charitable activities
Total of expenditure on charitable
activities
Employee costs
Salaries/wages
Pension costs
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of kitchen
refurbushment
Depreciation of Office
equipment
Depreciation of Fixtures and
fittings
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net expenditure
Transfers between funds
Net expenditure before other
gains/(losses)
Unrestricted
funds
2024
£
68,379
68,379
5,975
5,975
74,354
38,868
38,868
38,868
46,543
2,459
49,002
5,740
-
-
63
5,803
54,805
93,673
-
(19,319)
(1,600)
(20,919)
Restricted
funds
2024
£
3,458
3,458
-
-
3,458
4,636
4,636
4,636
-
-
-
5,685
3,077
-
-
8,762
8,762
13,398
-
(9,940)
1,600
(8,340)
Total funds
2024
£
71,837
71,837
5,975
5,975
77,812
43,504
43,504
43,504
46,543
2,459
49,002
11,425
3,077
-
63
14,565
63,567
107,071
-
(29,259)
-
(29,259)
Total funds
2023
£
87,730
87,730
4,539
4,539
92,269
35,468
35,468
35,468
46,179
646
46,825
11,425
3,077
-
115
14,617
61,442
96,910
-
(4,641)
-
(4,641)

Page 16

Docusign Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5 The Christian Fellowship, Norwich Detailed Statement of Financial Activities

The Christian Fellowship, Norwich
Detailed Statement of Financial Activities
Envelope ID: 23668343-64DB-41F8-A555-87ED54AEC5E5
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
-
(20,919)
49,285
28,366
-
(8,340)
69,139
60,799
-
(29,259)
118,424
89,165
-
(4,641)
123,065
118,424

Page 17