Charity number. 328339 ALONGSIDE FOR HIS GLORY fomierly NEW DAY MINISTRIES TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
ALONGSIDE FORHISGLORY coKrENTS Pag8 Reference and admlnlstratlve d•talls ol the charlty, Its tru$t¢¢$ and advlsers Truste•B' report Indopgndont •xamln•tr8 raport Statsment of financlal acllvtties Balanca sheot Not08 to the flnanclal statoments 10-iJ
ALONGSIDE FORHIS GLORY REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2024 Tn4sto0s Mr A Lowe Miss S H8N8y Mr R Swain TrAiss E D Cox Charfty regl8tered number 328339 Prlnclpal offlce 177 Station Road Klngs Norton Blmiingham 830 1DO Accountants Scofleld & Co 16 H8lllwick G8rden8 Felpham Bognor Regis West Sussex P022 7JE 8ank•rs S8ntander Bank PLC 8ridle Road Bootl8 Mers8yside GIR OAA P8ge 1
ALONGSIDE FOR HIS GLORY TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2024 The Trustees present their annual report together Viith the flnan¢lal statemenls of Alongsidè for HSS Glory (the charity) for the year ended 5 April 2024. The Trustees confirm thal the Annual report and financial stat8ments of the charily comply WFth the current st8tLrtory requirements, the requiremenls of the chaiiws goveming document and the provisions of the Statem&nt of Recommended Practice (SORP), appli¢able to charities preparlng their accounts in acGordancg wilh Ihe Financi81 R8POrting Standards for Smallér Entrtl8s (affective 1 January 2015). Structur•¥ governance and managem•nt CONSTITUTION Th8 principl8 obj8Ct of the charity is the advancement of the Christian Faith in accordance With its hi*oric, biblical and orthodox formulations in the life of the Church shared across its various denominalional expressions and missionary enterprises, thich are directed towards the wèlfare, education and redemptive care of all., particularly, in the relief of suffering and the alleviation of poverty both of spirit and body. The charlty Charyd Its name from New Day Mlnlstries to Alongslde for HIS Glory. METHOD OF APPOINTMENT OR ELECTION OF TRU8TEES The man8gemenl of the charity is the responsibility of the Trustees who are elecl8d and co-opted under Iha term6 of the D9ed of Trust. RISKMANAGEMENT The Trustees have assessed the malor risks to which the charlty is exposed, in partlcular those related to the operations and finances of the charity. and are satisfied that system5 and procedure3 are in place to mltigate our exposure to the major risks. ObJoctlv•s and A¢llvltl•8 POLICIES AND OBJECTIVES The Trust's primary objective is to promote Chrislian faith by working in partnership with local churches and thelr leadershlp, and with Cttrlstlan org8nlsations and thelr leadership, and with individual believers and se&kers to enhance ar)d facili&¥e the primary objective. This may occur al local, national or intemation81 levels and across all denominational boundarles. 11 d08s so by continuing to support and facilitste lh8 minlsirtes of sieve & Su8 R8yment as Ihey serve the overarching purpose of promoting Christian faith in various contexts. ACTIVITIES FOR ACHIEVING OBJECTIVES A variety of activities are ernployed in the pursuit of the above objectiVBS In the realm of prayer, teachlng, and prophetlc resource and support for Indlvlduals and churches. Thls may take the form of ministry and teaching on Sun¢ays in local thurGhes, Gcnferen¢es, teaching s8ri8S, training & teaching d8yB, seminars, mentoring, spiritual dlreGtlon, r8treats and personal counselling. Achlev•ments and performance Page 2
ALONGSIDE FOR HIS GLORY GOING CONCERN After making appropriale enquiries, the trustees have a reasonable expectation th8t the charity has adequate resources to continue in operational existen for the fcres88able fLrture. For this reason they continue to adopt the going concern basis in preparing the financial statement5. Mlnlstry Report The work 8nd ministry of Alongside for His Glory has continuecl apace during 2023-2024. tt is 6xpressed primanly t17rough Steve s strong relational giffjng, as he walks alongsid8 Other Chnstian fflinistries and charitable trusts, youth ministries, couples and individuals, seeking to help establish and fvrth&r their relalionships with God the Father, Son and Holy Spirrt, in order that they thgn berne more fruitrul in their own missional activitl8s and lives. IAuch of Steve's role is one of 'spiritually fathering, others, particularly though not exclusivaly. young people that they too Mt grow and become spiritual fathers in the faith. rhis y88r St&V6 sleppad asida fmm his role as a director with tha House of 8re8d (W8Nickshire) Trust whilst contrnuing and expanding the woth with Tcp 8am Tnist & Ministry, The Arising Trust and Youth Arise, Generation J8sus, H8bit8tion Minislry. He Gontinues to se8 great fruil from this involvement. Only thls weekend 8 ChUh leader texted after coming to speak at a Testimony evening Steve was organising to say.. 'Steve, it was such 8py and a privilege to be with you18St night. Thanks for lh8 invrfe. Love what you re doing Èhere. God is good. l love to spend more time with you tr)0 and will be in touch aft8ryou've been away. You are a great blessing and encouragement and carry something thal's powerful. prophetic, beauliful. loving and sensitive all at the same time, It's the Fatheffs heartllAnd it's Gontagious,, (Simon Woodw8rd- Lif& City Church Wolvert78mpton) Ther0 8ro many such encour8gem8nts as God touches Ie$ deeply through the work of Alongside for His Glory. A couple of 8x8mples.' M8tf and I have gleaned time and 8g*"n ov8rth& past 2 years through Stev& andhow lje h8s literally embodied the name of Alongside forHis Glory." Wé hav9 b&an ministergd to, h&lped and released to Walk in wh8t th9 Father has spoken cver us thfrDugh Stev&. Th9rg have been different significant moments, 88ch 8S precious as the other. Last year when w8 fa¢eLY One of our hardest times, Stgve spoke so wisely I to our Iiv6S and how to navigate that season in a Godly and Kingdon way. We ar8 forevergrateful to him for coming alongside us. (2024.07.04 Ruth & Matt Rogers Generation Jesus) Steve Rayment has impacted my life in a way that very few prophetic voices have. I met Sfeve in Janu8ry of2024 & &nce then we have been in, constant communication. H8 hss minist8tsd lo m8 greatly and continu&s to do so,. in a sense I rec91V6 him 8$ 8 fathering ce and I'm excited Eo continue this journey with him. (William Hinn Habitation Ministries. 2024.07.09) FINANCIAL PERFORMANCE The Trust had a deficit of £504412023 surplus of 123311 thar was used from the General Fund leaving a balance of £76869 (2023- £21,913) carried forward. RESERVE5 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 a y the tmstees c 2024 and signed on thelr behalf by: Adrian Lowe Truste8 Page 3
ALONGSIDE FOR HIS GLORY INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2024 INDEPENDEr EXAMINER'S REPORT TO THE TRUSTEES OF NEW DAY NIINISTRIES reporl t o t h e t r us t e e s on my examination of the accounts of the above charlly ("The TnJst"> for the year ended 5 April 2024. RESPOMSIBILrtlES AND BASIS OF REPORT As the charitys Trustees. you are responsible ftsr the preparation of the accounts ift accordance wilh the requirements of the Charities Act 2011 (-The Act"). I report in respect of my examination cl ihe Trusl's accounts carried out under Section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Direclicns given by the Charity Commission under section 1415}<b) of the Act. INDEPENDENT EXAMINER'S STATEMEKr I have completed my examination. I confirm that no rnat8rial Tnatters have come to my attention In connecllon with the examinatlon whlch glves me cause to belleve that in any materlal respect.. Ihe accounting records were not kept In accordance wh SeCt)n 130 of the Charllies Act; or the accounts did not accord with the accountlng records., or Ihe 8ccountS (Jid not comply with the applic8ble requirements concerning the form and contenl of accounts sèt out in the Charitias {Account and R8POrts) Regulations 2008 cther than any requlrement that the accounts give a Yrue and faiff view which is not a matter considered as part Df an indendent examination. I have no concerns and have corne across no other matter irn connection with the examination to which 8ttontion should be drawn in this report in order to enable a proper underst8nding of the accounts to be reach8d. Sigred.. Dated.. 2 9 11 , 2024 G H T Scofield FCCA Chartered Certtfied Accountant SCOFIELD & CO 16 Halliwick Gardens Felpham Bognor Regis West Sussex P022 TJE Page 4
ALONGSIDE FORHISGLORY STATEMENT OF FINANCIAL AcnvmES (In¢orporatlng Incoma and expendltur6 a¢counl) FOR THE YEAR ENDED 5 APRIL 2024 Unr•strlctod funds 2024 Totaj funds 2023 Note INCOMING RESOURCES Incoming resources from generated funds.. Incoming resourGes from charitable activitses 97 42,554 26 41.167 TOTAL INCOMING RESOURCES 42,651 41,193 RESOURCES EXPENDED Chan'table activilies Govemance sts 3,4 47,120 575 38,287 575 TOTALRESOURCES EXPENDED 47,695 38,862 MOVEMENTINTOTAL FUNDS FOR THE YEAR- NET INCOMEI(EXPENDITURE) FOR THE YEAR 4,044 2,331 Total funds al 6 Apnl 2023 21,943 19,581 TOTAL FUNDS AT 5 APRIL 2024 16,869 21,913 The notes on pages 910 12 form part of these financial statement& Page 5
ALONGSIDE FOR HISGLORY BALANCESHEET AS AT 5APRIL 2024 2024 2023 Not• FIXED ASSETS Tangible assets CURRENT ASSErs Cash at bank 426 365 17,018 21,898 Prepayment CREDITORS: amounts falling due within one year (575) 1,150) NET CURREKf ASSErs 16,443 21,548 NET ASSETS 16,869 21,913 CHARI FUNDS Unre*ricled funds 16,869 21,913 TOTALFUNDS 16.869 21,913 The flnancial statements have been prepared in accordance with the provisions applicable to small entities withi n the Charities Act 2011, and in accordance wlth the Financial Reporting Standard for Smaller Entities (effettive January 2015}. The flnanclal gtatements vmre approved by the Trusteas onUwW/ 2024 and slgned on thalr bahalf, by: Ml88 L Cox The notes on pages 1010 12 form part of these financial 51atBment5. Page 6
ALONGSIDE FOR HIS GLORY NOTES TO THE FINANCIAL STATEMEiirs FOR THE YEAR ENDED S APRIL 2024 ACCOUNTINGPOLICIES 1.1 8asls of praparatlon of financlal statsmont$ The finanii31 statement5 have been prepared in accordance with Accounting and Reporting by Charities: Statemenl 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 5rnaller Entities (eff ectlve January 20151 and the Charlties Act 2011 and applicable regulations. Assets and liabilities are inltially recognised at historical cost or transaction value unless otherwise Stated in the relevant accounting policy. 1.2 Fund accountlng General funds are unr8Strict8d funds which ar8 availab18 for use at the discretion of the Trustees in furthoranca of the gen8r81 objectives of the charity and which have not been designated for oth8r purkKJses. 1.3 Incoming resourc•8 All incoming resources are Included In Ihe Statement of fin8ncial actlvitles when the Charity has er*titl6ment to the funds, certainty of receipt ané the amount Gan be measured with sufficient r8liabilty. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant Is recognisèd at th6 ts'mo of the donation. 1.4 Re80urce8 expended ExndItUre is account8d ft)r on an accruals basis and has bo8n included unr18r expense c816gori88 that aggregate all costs for allocation tc activities. Wher8 costs &2nnot b8 dir8clly attributèd to particular activities they have been alloGated on a basis consistent with the use of the resources. Support Gosts aTe those Gosts InGurred direclty in supwrl of exp6ndrtur8 on the obj'ect8 of Ihe charity ar include proja¢t management carried out at Headquarters. Governance costs are those incurred in connection wilh administration of the charity and compliance with constitutional and statutory requirements. All resources expended are inclusivè of irrecoverable VAT. 1.5 Tanglblo flxod assets and depredatlon All assets cosling mor8 than £250 are capitalised. Tanglble fad assets are stated at cost less éepreclatlon. Depreciatlon Is provlded at rates calculated to write off the cost of fixed assets, less their estimated residual value. over Iheir expected useful Ilves on the followlng bases: Fixtures & fittings Computerequipment 25Vo reducing balance 25Yo dUCIng balance Page 7
ALONGSIDE FORHIS GLORY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 INCOMING RESOURCES FROM CHARITA8LE ACTIVITIES 2024 2023 Grfls received Tax refunds Interest r8ceiv6d (39.335} {3,219) 197) (41, 167) (26) Total (42,651 (41, 193) DIRECT COSTS Total 2024 Total 2023 Travel Motor expenses Donati(X16 Ministry fees 74 2, 736 6,010 25,000 3,067 7.960 32,280 43,297 93,820 SUPPORT COSTS Total 2024 Total 2023 Offlce Expenses Communications Sundrle5. Refreshments Confergnces 1.$47 1,000 279 752 67 1,848 1,065 2CM) 3,645 4.35T GOVERNANCE COSTS Unr•strfct•d Total fvnds 2023 AccountanGy 6Jepreciation - tangible fixed assets $75 178 575 iio 753 Page 8
ALONGSIDE FOR HIS GLORY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 NET EXPENDITURE This is slated after charglno: 2024 2023 Depreciation of tangible fixed assets: - ownod by Ihe charity 178 iio During the year, no Trustags recelved any remun8ration {2023- £NIL). During the year, no Trustees received any benefits in kind (2023- £NILI. Durlng th8 y8ar, no Trustee received reiTnbursement of expenses {2023- NIL). TANGIBLE FIXED ASSETS Flxtur•s & fittlng8 Comput•r •qulpment Totsl At 6 Aprll 2023 Addrtions 245 2,075 2,320 239 239 Disposals At 5 April 2024 2,075 2.559 Depr8cSallon At 6 April 2023 DePreCtIon on disposals Chaige for Ihe y8ar 1,710 1.955 118 178 At 5 April 2024 305 1,828 2,133 Net book vae At 5 April 2024 179 247 426 At 5 Apnl 2023 365 365 Page g
ALONGSIDE FOR HIS GLORY NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 5 APRIL 2024 CREDrroRS: Amounts lalllng due wlthln one year 2024 2023 Accrualsand deferred income 575 1.150 SUMMARY OF FUNDS Brought Incomlng R8gOUrt•s Forward re8ource8 Expended Forwwd General fijnds 21,913 42,651 (47,695> 16,869 Page 10