Cherith Fellowship Trust (Redburn Community Church) Charity No. NIC100246 Trust Report for financial year 6[th] April 2023 - 5[th] April 2024 Approved: B Gingles E Smyth P Matier T Hull ## **Financial Management Team:** Treasurer - Trevor Hull Trustees - Brian Gingles - Paul Matier - Eva Smyth - Trevor Hull (Chair) ## **Trust Opening Balance @ 6[th] April 2023:** ## **Public Benefit Statement** - Any expenditure by the Trust needs to demonstrate alignment with the ‘Purposes’ of the Trust as defined in our Public Benefit statement as follows... - Advancement of religion by evangelism, teaching, Sunday school, public worship and conferences. - Community outreach by Pastoral care (befriending, Home, Hospital and Care-Home visitation), prayer ministry/support, aid to the needy through the provision of financial, clothing and food gifts. - Working with other local churches for betterment of community (community events, community worship, community prayers). - Support to home and foreign missions. - Approval of this report by the Trustees demonstrates the agreement that expenditure was allocated accordingly. ## **Highlights** - Total income to the Trust was **£15,830.70** : - £1842 interest from all bank & savings accounts - £11539 ‘Normal’ income from tithes and offerings to the current account - Current Account income Includes: £2448 Gift Aid return - In line with Public Benefit Statement and previous Trustee’s agreement monthly standing orders and some ‘one-off’ donations made in support of the following foreign mission partnerships: - ICEJ Ministries (Israel), Decision Ministries (Mission Mexico), Good News Ministries (India), special medical cost support for evangelist (India), and BFoC Arad Ministry (Bedouin tribe) - Financial contributions were also made for church attendees at BFoC Ireland annual 2023 Conference - Funding was also provided from the Trust for local Mission support and local ‘helps’ including North Down Storehouse and medical bill support for a church member - Standard operating costs covering: Church website costs, Easy Worship annual licence, Zoom annual subscription, CCLI (music / lyric reproduction licence) and public liability insurance ## • Main outgoings: - Normal operating costs (pastoral expenses, hall hire, speakers, insurance, licenses, equipment): **£7,095.17** - Foreign mission support: **£7,600** - Help Gifts and home mission support: **£5,678.75** - Tithe of income to BFoC Ireland **: £1,560 standing order** - Conferences **£4,605.85** - Total outgoings from Trust over the year: **£26,539.77** Income Summary ncome lo Business Reserve Account Monthly Interesl paid From Bank Total income to Business Reserve Account 942.95 942.95 2. 2 Income lo CuTTent Account (Exteinal income only and does not consider movemeni belv een Chuich accounts) April (from 6th April 2023) Includes £2448.50 Gill Aid relurn May June July August September October November December January February March Apfil (to 5th 20241 3.225.48 1,178.88 881.85 914.98 846.98 1.090.92 841.98 988.98 1.025.98 782.98 897.98 1.113.31 100.00 14.000.40 11.539.26 Interesl £12. 64 Total income to Cuiieni Account Ref only: Income coming from ottotiDg5 2.3 Income lo Mission Accounl Monthly Interest paid From Bank Total income to Mi551on Account 6.05 6.05 Ref only: Income fiom Bank inteiest lall alcsl £ 967.78 2.4 Income lo Savings Account (Piogiessivej 1st August 2023 Inteiest paid From Bank Total income ¢0 Savings Accounl 881.30 881.30 Out-going Summary and Closing Balance 3. Trusl out-going5 Irom 6th Apwil 2023 - 5th April 2024. All fiom curwent alc UOS. See bank 51alemenls low all delail. Pastoial Expenses (see lurthei detail below) Hall Rental- Noiih Down Boiough Council Isee IL4rihei delail belowl Tiihe ol income- BFOC Irèland ILainè CF) Legacy help to widow ol loimer member- Mis B Thorrpson Home Missions Isee lurthei detail belowl Forèign Missions (seè furthèr dètail below) Conlerences (see luirher detail below) Helps Ministry Isoo lurthei detail below) Speaker Expenses Ise* lurther detail below) A TrTrual Licences Equipment and Sundry Exp•n5os Is•0 luith•i dotail bolowl Toial ouigolngs fiom Tiusi -£903.24 -£1.431.00 -t1,560.00 -£960.00 -t505.29 -£7,600.00 -£4,605.85 -t4.213.46 -£2,620.00 -£1,141.98 -£998.95 -£26.539.77 4. Closing Balance @ 5ih Apiil 2024- Businèss Rèserve Alc 9807xxxxxxxx438 Cuiienl Iworkingl Alc 9807xxxxxxxx069 Missionary Alc 9807HxxHxxxH572 Savings Account IPiogièssi¥el 11xxxxx395 Tolal Trusi Closlng Balan0• 65,009.14 As above notè ihat iheiè is poiiability 345.41 between these two accounts to 257.01 Monthly diiecl debit liom CL41rent •lc into ihis accounl 75,550.10 Inteiest addèd on1si Augusi èach yeai £141.161.66 Credil Out-going Detail- Pastoral Expenses &Hall Hire Deiailed Ouigoing Analysis Pastofal Expens•5 11-Apr-23 0g-May-23 12-Jun-23 14-Jul-23 24-Jul-23 14-Aug-23 14-Aug-23 13-Nov-23 22-Jan-24 25-Mar-24 Sub Toial -50 PETTY CASH -73.24 FOOD FOR GNM FELLOWSHIP EVENING -115 COAST REST AURANT PASTOR'S LUNCH -50 PETTY CASH -125 COAST REST AURANT PASTOR'S LUNCH -190 COAST REST AURANT PASTOR'S LUNCH -50 PETTY CASH -150 COAST REST AURANT PASTOR'S LUNCH -50 PETTY CASH -50 PETP¢ CASH -t903.24 Hall Hlre 07-Aug-23 07-Aug-23 07-Aug-23 04-S*p-23 04-Sep-23 02-Oct-23 06-No¥-23 30-Nov-23 04-Jan-24 05-Fob-24 08-Mar-24 28-Mar-24 Sub Toial -135 REDBURN HALL HIRE. PO CHALLS00483 -90 REOBURN HALL HIRE. PO CHALLS00665 -112.5 REOBURN HALL HIRE. PO CHALLSOO102 -99 REOBURN HALL HIRE. INVOICE CH000752 -108 REDBURN HALL HIRE. INVOICE CH000629 -108 REDBURN HALL HIRE. INVOICE CH000973 -171 REDBURN HALL HIRE. INVOICE CH001245 -108 REDBURN HALL HIRE. INVOICE CH001518 -148.5 REOBURN HALL HIRE. INVOICE CH001756 -108 REOBURN HALL HIRE. INVOICE CH002004 -108 REDBURN HALL HIRE. INVOICE CH002281 -135 REDBURN HALL HIRE. INVOICE CH002563 -t1.431.00 Out-going Detail- Home & Foreign Mission Mission IHoffle) 23-Aug-23 28-Nov-23 29-Nov-23 01-Dec-23 01-Dec-23 18-Dec-23 18-Oec-23 18-Oec-23 Sub Totthl -150 CONFERENCE OFFERING TO HOME MINISTRIES -34.54 EDEN TRACT5 -50 UCB DONA TION -18.18 EDEN TRACTS -21.55 CAAOL SEF4VICE INVITATIONS -31.02 CAAOL SERVICE FOOD -100 STOREHOUSE NO, CHRISTMAS GIFT #1 -100 STOREHOUSE ND. CHRISTMAS GIFT #2 -t505.29 Mi55ion (Foreign) 02-May-23 OZ-May-23 02-May-23 09-May-23 19-May-23 01-Jun-23 01-Jun-23 01-Jun-23 OS-Jun-23 03-Jul-23 03-Jul-23 03-Jul-23 01-Au9-23 01-Au9-23 01-Aug-23 10-Aug-23 15-Aug-23 01-Sep-23 01-Sep-23 01-Sep-23 -50 EMMAUS PROJECT. EMMAUS REDBURN. FP 02105123 30. 61013155668953000J -50 ICEJ. ICEJ REDBURN. FP 02105123 30. 60013155667603000J -150 DECISION MINISTAIE, AEDBUAN MEXICO -600 GNM ANNUAL DONTION, VIA MOBILE- LVP, FP 0710512310, 63145346685185000J -100 DECISION MINISTAIE, FRM JUDI @ AE08UAN, VIA MOBILE- LVP -50 EMMAUS PROJECT, EMMAUS REDBURN, FP 01106123 30, 51023231768287000J -50 ICEJ, ICEJ REOBURN. FP 01106123 30, 50023231766608000J -150 DECISION MINISTRIE. REDBURN MEXICO -600 BFOC Ireland11srael Rep Flights lo Conl•i•no+l 4078 -50 EMMAUS PROJECT. EMMAUS REDBURN. FP 03107123 30. 450l3N334320￿J0oJ -50 ICEJ. ICEJ REDBURN. FP 03107123 30. 44013143341412000J -150 OECISION MIN13TRIE. REDBURN MEXICO -50 EMMAUS PROJECT, EMMAUS AEDBURN, FP 01108123 30, 4104003007199500fyJ -50 ICEJ, ICEJ REDBUAN, FP 01108123 30, 4004003cm)649060￿J -150 DECISION MINISTAIE, AEDBURN MEXICO -1000 CHANTI MEDICAL COSTS, VIA MOBILE- LVP. FP 0910812310, 47225053459847O￿J -300 GNM OONATION, VIA MOBILE- LVP. FP1510812310, 44162739485541000J -50 EMMAUS PROJECT. EMMAUS REDBURN. FP 01109123 30. 17023338038148000J -50 ICEJ. ICEJ REDBURN. FP 01108123 30. 16023338027420000J -150 DECISON MINISTRIE. AEDBURN MEXICO Out-going Detail- Foreign Mission (continued) Mission (Foreignl- oonlinued 02-Oct-23 02-Oct-23 02-Oct-23 30-Ocr-23 01-Nov-23 01-Nov-23 01-Nov-23 01-D+c-23 01-Oec-23 01-Dec-23 18-D*c-23 20-Oec-23 OZ-Jan-24 OZ-J•n-24 02-Jan-24 22-Jan-24 01-F•b-24 01-Feb-24 01-F*b-24 01-Mar-24 01-Mar-24 01-MaT-24 02-Apr-24 02-Apr-24 02-Api-24 Sub Tolal -50 EMMAUS PROJECT. EMMAUS REDBURN, FP 02110123 30, 35013159539987000J -50 ICEJ, ICEJ REOBURN. FP 02110123 30. 34013159537493000J -150 DECISION MINISTAIE. REOBURN MEXICO -1000 CHANTI MEDICAL COSTS, VIA M081LE- LVP, FP 2711012310. 35203647069454CthJ -50 EMMAUS PROJECT. EMMAUS REDBURN. FP 01111123 30. 25023233487518000J -50 ICEJ. ICEJ REOBURN. FP 01111123 30. 24023233485822000J -150 DECISION MINISTRIE, REDBURN MEXICO -50 EMMAUS PROJECT. EMMAUS REDBURN. FP 01112123 30. 04040038881742000J -50 ICEJ. ICEJ REOBURN. FP 01112123 30. 03040038876357000J -150 DECISION MINISTFIIE, REDBURN MEXICO -250 GNM CHRISTMAS APPEAL. VIA MOBILE- LVP. FP1611212310. 4￿￿28525868680oOj -250 OECISION MINISTRIES CHRISTMAS GIFT 3745 -50 ICEJ, ICEJ REOBURN, FP 02101124 30. 35013158506171000J -50 EMMAUS PROJECT. EMMAUS REDBURN. FP 02101124 30. 36013158507270000J -150 OECISION MINISTAIE, REDBUAN MEXICO -500 GNM- CHANTI HONORARIUM. VIA MOBILE- LVP, FP 20101124 10. 10191926403729OOOJ -50 EMMAUS PROJECT. EMMAUS REDBURN. FP 01102124 30. 27023227786790000J -50 ICEJ, ICEJ AEOBURN, FP 01102124 30, 26023227782865000J -150 DECISION MINISTRIE. REDBURN MEXICO -50 EMMAUS PROJECT. EMMAUS REDBURN. FP 01103124 30. 23023243714235000J -SO ICEJ, ICEJ REOBURN, FP 01103124 30, 22023243712360000J -150 DECISION MINISTRIE. REDBURN MEXICO -50 ICEJ. ICEJ REOBURN. FP 02104124 30. 36013238352312000J -50 EMMAUS PROJECT, EMMAUS REDBURN, FP 02104124 30. 370132383539900013J -150 DECISION MINISTRIE. REDBURN MEXICO -£7.600.00 Out-going Detail – Conferences, Helps & Monthly Speakers Out-going Detail – Monthly Speakers (continued) & Annual Licences Out-going Detail – Annual Licences, Equipment and Sundry Expenses