**Charity number: 328339**
## **ALONGSIDE FOR HIS GLORY formerly**
## **NEW DAY MINISTRIES**
## **TRUSTEES' REPORT AND FINANCIAL**
**STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023**
**ALONGSIDE FOR HIS GLORY**
|**CONTENTS**||
|---|---|
||Page|
|**Reference and administrative details of the charity, its trustees and advisers**|1|
|**Trustees' report**|2 - 3|
|**Independent examiner's report**|4|
|**Statement of financial activities**|5|
|**Balance sheet**|6|
|**Notes to the financial statements**|7-10|
**ALONGSIDE FOR HIS GLORY**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2023**
## **Trustees**
Mr A Lowe Miss S Harvey Mr R Swain Miss E D Cox
## **Charity registered number**
328339
## **Principal office**
177 Station Road Kings Norton Birmingham B30 1DD
## **Accountants**
Scofield & Co 16 Halliwick Gardens Felpham Bognor Regis West Sussex PO22 7JE
## **Bankers**
Santander Bank PLC Bridle Road Bootle Merseyside GIR 0AA
Page 1
**ALONGSIDE FOR HIS GLORY**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2023**
The Trustees present their annual report together with the financial statements of Alongside for His Glory (the charity) for the year ended 5 April 2023. The Trustees confirm that the Annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standards for Smaller Entities (effective 1 January 2015).
## **Structure, governance and management**
## **CONSTITUTION**
The principle object of the charity is the advancement of the Christian Faith in accordance with its historic, biblical and orthodox formulations in the life of the Church shared across its various denominational expressions and missionary enterprises, which are directed towards the welfare, education and redemptive care of all; particularly, in the relief of suffering and the alleviation of poverty both of spirit and body.
The charity changed its name from New Day Ministries to Alongside for His Glory.
## **METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES**
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Deed of Trust.
## **RISK MANAGEMENT**
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.
## **Objectives and Activities**
## **POLICIES AND OBJECTIVES**
The Trust's primary objective is to promote Christian faith by working in partnership with local churches and their leadership, and with Christian organisations and their leadership, and with individual believers and seekers to enhance and facilitate the primary objective. This may occur at local, national or international levels and across all denominational boundaries.
It does so by continuing to support and facilitate the ministries of Steve & Sue Rayment as they serve the overarching purpose of promoting Christian faith in various contexts.
## **ACTIVITIES FOR ACHIEVING OBJECTIVES**
A variety of activities are employed in the pursuit of the above objectives in the realm of prayer, teaching, and prophetic resource and support for individuals and churches. This may take the form of ministry and teaching on Sundays in local churches, conferences, teaching series, training & teaching days, seminars, mentoring, spiritual direction, retreats and personal counselling.
## **Achievements and performance**
## **GOING CONCERN**
Page 2
**ALONGSIDE FOR HIS GLORY**
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
## **REVIEW OF ACTIVITIES**
The work of Alongside for His Glory has continued a pace after the Covid lockdown period. Steve’s unique gifting enables him to walk alongside leaders and Christian Trusts in a special way and some of the primary expressions this year have been:
1. Working alongside Top Barn Trust in their many aspects of Christian Ministry. Top Barn is something of a ‘hub’ where people come to find and encounter Christ with His love, healing, encouragement and strength for their lives, homes, and own personal ministries.
2. Continuing to be a Trustee and Director of the House of Bread (Warwickshire) a Christian Retreat centre, which serves leaders, Churches, individuals across the whole Body of Christ to find fresh place ofIII. encounter with Christ in the place of retreat and stillness.
3. Helping to establish a new CIO (charitable incorporated organisation) called ‘The Arising,’ where Steve has been functioning as their Chair of Trustees to help get this Trust up and running…quite a task in these days… but great to see this fledgling Trust begin to fulfil its call particularly with young people,
4. Along with these there has been the continued privilege of walking alongside many individuals and couples seeking to inspire, encourage and strengthen their relationship with Jesus and the outworking of their faith in the places God has put them.
## ...............................
## **FINANCIAL PERFORMANCE**
The Trust achieved a surplus of £2,332 (2022 - surplus of £6,496). This was added to the General Fund, leaving a balance of £21,913 (2022 - £19,581) carried forward.
## RESERVES POLICY
The reserves of the Charity are kept under review and are considered to be adequate for the work of the
Trust. This report was approved by the Trustees on 2023 and signed on their behalf by:
Miss S Harvey Trustee
Page 3
.
**ALONGSIDE FOR HIS GLORY**
## **INDEPENDENT EXAMINER'S REPORTFOR THE YEAR ENDED**
**5 APRIL 202** 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW DAY MINISTRIES**
I report t o t h e t r u s t e e s on my examination of the accounts of the above charity (“The Trust”) for the year ended 5 April 2023.
## **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 Trust’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 14(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 which gives me cause to believe that in any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Account 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 matter 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.
Signed: Dated: 2023
G H T Scofield FCCA Chartered Certified Accountant
## **SCOFIELD & CO**
16 Halliwick Gardens Felpham Bognor Regis West Sussex PO22 7JE
Page 4
**ALONGSIDE FOR HIS GLORY**
## **STATEMENT OF FINANCIAL ACTIVITIES(incorporating income and expenditure account) FOR THE YEAR ENDED 5 APRIL 2023**
|**Note**
**INCOMING RESOURCES**
Incoming resources from generated funds:
Incoming resources from charitable activities
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
Charitable activities
3,4
Governance costs
5
**TOTAL RESOURCES EXPENDED**
**MOVEMENT IN TOTAL FUNDS FOR THE YEAR - NET**
**INCOME/(EXPENDITURE) FOR THE YEAR**
_Total funds at 6 April 2022_
**TOTAL FUNDS AT 5 APRIL 2023**||**Unrestricted**
**Funds**
**2023**
**41,193**|_Total_
_funds_
_2022_
_£_
_45,862_|
|---|---|---|---|
|||**41,193**|_45,862_|
|||**38,286**
**575**|_38,791_
_575_|
|||**38,861**
**2,332**
_19,581_|_39,366_|
||||_6,496_
_13,085_|
|||**21,913**|_19,581_|
The notes on pages 9 to 12 form part of these financial statements.
Page 5
**ALONGSIDE FOR HIS GLORY**
## **BALANCE SHEET AS AT 5 APRIL 2023**
|**Note**
7
8
**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Cash at bank
**CREDITORS:**amounts falling due within
one year
**NET CURRENT ASSETS**
**NET ASSETS**
**CHARITY FUNDS**
Unrestricted funds
9
**TOTAL FUNDS**
**Prepaid Income**|**£**
**2023**
**£**
_£_
_2022_
_£_
**365**
_474_
**21,898**
23,657
**800**
**21,548**
_19,107_
**21,913**
_19,581_
**21,913**
_19,581_
**21,913**
19,581
**(1,150)**
(4,550)|**£**
**2023**
**£**
_£_
_2022_
_£_
**365**
_474_
**21,898**
23,657
**800**
**21,548**
_19,107_
**21,913**
_19,581_
**21,913**
_19,581_
**21,913**
19,581
**(1,150)**
(4,550)|
|---|---|---|
||||
|||_19,581_|
|||_19,581_|
|||19,581|
The financial statements have been prepared in accordance with the provisions applicable to small entities within the Charities Act 2011, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements were approved by the Trustees on
2023 and signed on their behalf, by:
.............................................. .............................................. **Miss S Harvey**
The notes on pages 10 to 12 form part of these financial statements.
Page 6
**ALONGSIDE FOR HIS GLORY**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023**
## **1. ACCOUNTING POLICIES**
## **1.1 Basis of preparation of financial statements**
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 for Smaller Entities published on 16 July 2014, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Charities Act 2011 and applicable regulations.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **1.2 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
## **1.3 Incoming resources**
All incoming resources are included in the Statement of financial activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
## **1.4 Resources expended**
Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
All resources expended are inclusive of irrecoverable VAT.
## **1.5 Tangible fixed assets and depreciation**
All assets costing more than £250 are capitalised.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
- Fixtures & fittings 25% reducing balance - Computer equipment 25% reducing balance
Page 7
**ALONGSIDE FOR HIS GLORY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023**
## **2. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES**
|**2.**
**INCOMING RESOURCES FROM CHARITABLE ACTIVITIES**|||
|---|---|---|
|Gifts received
Tax refunds
Interest received
Total
**3.**
**DIRECT COSTS**
Travel
Motor expenses
Donations
Ministry fees
**4.**
**SUPPORT COSTS**
Office Expenses
Communications
Sundries
Refreshments
Insurance
**5.**
**GOVERNANCE COSTS**
Accountancy
Depreciation - tangible fixed assets|**2023**
**£**
**(41,167)**
**-**
**(26)**
**(41,193)**
**Total**
**£**
**2023**
**74**
**2,736**
**6,010**
**25,000**
**33,820**
**Total**
**£**
**2023**
**1,848**
**1,065**
**340**
**903**
**200**
**4,356**
**Unrestricted**
**funds**
**2023**
**£**
**575**
**110**
**685**|_2022_
_£_
_(45,861)_
**-**
_(1)_
_(45,862_
_Total_
_2022_
_£_
_39_
_2,114_
_7,584_
_25,000_|
|||_34,737_
_Total_
_2022_
_£_
_2,507_
_802_
_4_79
_2 0_|
|||_3,908_|
|||_Total_
_funds_
_2022_
_£_
_575_
146
_721_|
**5. GOVERNANCE COSTS**
Page 8
**ALONGSIDE FOR HIS GLORY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023**
## **6. NET EXPENDITURE**
This is stated after charging:
||**2023**|_2022_|
|---|---|---|
||**£**|_£_|
|Depreciation of tangible fixed assets:|||
|- owned by the charity|**110**|146|
During the year, no Trustees received any remuneration (2022- £NIL). During the year, no Trustees received any benefits in kind (2022- £NIL). During the year, no Trustee received reimbursement of expenses (2022 - NIL).
## **7. TANGIBLE FIXED ASSETS**
|**Cost**
At 6 April 2022
Additions
Disposals
At 5 April 2023
**Depreciation**
At 6 April 2022
Depreciation on disposals
Charge for the year
At 5 April 2023
**Net book value**
At 5 April 2023
_At 5 April 2022_|**Fixtures &**
**fittings**
**£**
245
-
-
___________
245
**245**
-
**-**
**245**
**-**
_-_|**Computer**
**equipment**
**Total**
**£**
**£**
2,075
2,320
-
-
-
-
___________ _____________
2,075 2,320
**1,601**
1,699
-
-
110
146
**1,711**
1,845
**364**
474
_474_
_621_|
|---|---|---|
Page 9
## **ALONGSIDE FOR HIS GLORY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023**
## **8. CREDITORS:**
## **Amounts falling due within one year**
|**Amounts falling due within one year**|||
|---|---|---|
||**2023**|_2022_|
||**£**|_£_|
|Accruals and deferred income|**1,150**|4,550|
## **9. SUMMARY OF FUNDS**
|**SUMMARY OF FUNDS**|||||
|---|---|---|---|---|
||**Brought**|**Incoming**|**Resources**|**Carried**|
||**Forward**|**resources**|**Expended**|**Forward**|
||**£**|**£**|**£**|**£**|
|General funds|**19,581**|**41,193**|**(38,861)**|**21,913**|
Page 10