NEW LIFE CHURCH CAMBRIDGE
FINANCIAL STATEMENTS
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FOR THE YEAR ENDED
31 AUGUST 2025
CHARITY No. 1019876
NEW LIFE CHURCH CAMBRIDGE
FINANCIAL STATEMENTS
For the year ended 31 August 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Charity number: 1019870
Principat address:
New Life Church Cambridge PO Box 1395 Cambridge CB24 9UJ
Trustees:
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Tan Rawley (Senior / Associate Pastor) David Silver (Chairman and Treasurer) Isobel Summers
Janet Watt Martin Wilde (Secretary and Bookkeeper)
Treasurer:
Book Keeper
Bankers:
David Silver
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Martin Wilde , CAF Bank Ltd 25 Kings Hill Avenue Kings Hill . West Malling Kent : ME19 4JQ
Solicitors:
Rutter & Rutter Solicitors St Audrey’s
South Street Wincanton Dorset BAS 9DR
Independent examiner:
Robert Altin FCA
Milton Hall Ely Road Milton Cambridge CB24 6WZ
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NEW LIFE CHURCH CAMBRIDGE
FINANCIAL STATEMENTS
For the year ended 31 August 2025
INDEX
PAGE
| Trustees’ annual report | 1-3 |
|---|---|
| Reportoftheindependentexaminer | 4 |
| Receiptsand payments account | 5 |
| Statementofassets | 6 |
| Noiestothefinancialstaternents | 7 |
NEW LIFE CHURCH CAMBRIDGE
TRUSTEES' ANNUAL REPORT
For the year ended 31 August 2025
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The Trustees present their report together with the financial statements for the year ended 31st August 2025. The financial statements have been prepared using the receipts and payments basis.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The Charity was created by a Declaration of Trust dated 16th February 1993, as amended by a supplemental deed dated ist August 2004, an order of the Charity Commission dated 4th February 2005, and a supplemental deed dated 21st February 2005. The main organ ofthe Trust is New Life Church, Cambridge (‘the church’).
Resignations and Appointments of Trustees
There were no changes to the Board of Trustees in the current reporting period. The Board continues to represent a broad range of expertise - including legal, financial, market research, public healthcare, and the international charitable sector. The Trustees periodically review further appointments for the benefit of the Charity. When a new Trustee is appointed, they are given a copy of the Trust Deed and the supplemental governing documents, plus relevant free booklets that are available to charities from the Charity Commission. Since the current Trustees are all active members ofthe church, no specific training or orientation was required to enable them to understand the aims, objectives, and ethos ofthe Charity.
Organisation
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The Trustees formally meet four times a year (and on an ad hac basis when necessary) to oversee all the activities of the Charity. However, the day-to-day management of the Charity, through the church, is undertaken by the church eldership team, which is led by the Senior Pastor. This team meets monthly (and on an ad hoc basis when necessary), but in addition to their formal meetings, they also frequently correspond with one other on matters of church management. The Senior Pastor also meets often with various configurations ofchurch staffand volunteers in order to facilitate the delivery ofthe church's projects and programmes. During the year, Ian Rawley contracted his services to New Life Church Cambridge as its Senior Pastor from 1 September to 31% December 2024, and ag its Associate Pastor from I January to 31° August 2025.
Network Affiliations and Related Parties
During this reporting period, New Life Church Cambridge completed a transition from being part ofthe Lifelink Global network of churches to becoming part of the ‘Ground Level’ network of churches. New Life Church Cambridge also remains a member of the Evangelical Alliance.
Risk Management
As a result of careful financial management, the church ends this reporting period with an operating surplus.
The Trust’s reserves continue to be healthy, and the Trustees are broadly confident that the finances are stable at a relatively low level of threat. However, they will continue to carefully monitor all income and expenditure.
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The Trustees have reviewed the Charity’s insurance needs and have put in place policies to cover public liability, injury to church workers and loss or damage to and from various properties used by the church in furtherance of its activities. They have a Data Privacy policy and notice and have implemented an updated and comprehensive . Safeguarding and Child Protection Policy. All policies are regularly reviewed.
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NEW LIFE CHURCH CAMBRIDGE
TRUSTEES' ANNUAL REPORT
For the year ended 31 August 2025
OBJECTIVES AND ACTIVITIES
The Charity’s main objectives are:
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e To advance Christianity in Cambridgeshire and elsewhere, by any means or medium that is or may become available, in accordance with the statement ofdoctrine set out in the schedule of the supplemental declaration oftrust dated | August 2004.
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' @ Torelieve poverty and to help those who are in need because of sickness or age or some other charitable need.
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¢ To advance education both general and vocational forchildren and adults, but always withinthe principles of the Christian faith.
These objectives are achieved mainly through the regular worship, prayer and teaching meetings of New Life Church, Cambridge, including meetings specifically designed to introduce the Christian Gospel to people for the first time. These meetings are both ‘all-church' in nature, and age or gender specific, as appropriate, and are designed to further Christian discipleship and to spread the Christian message. Throughout this reporting period, the vast majority ofthese meetings have been held in person, although some smaller meetings are held online.
The Trustees have had regard to the Charity Commission’s guidance on public benefit.
ACHIEVEMENTS AND PERFORMANCE
Review of Activities
Throughout the reporting peried, New Life Church has worked in various ways to nurture its members in the Christian faith and to reach out to others. For example:
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® Most core church members have met together regularly mid-week in small groups. * The church’s various outreach activities continue to grow in number and impact. * Informal gnest-orientated Sunday meetings throughout the reporting helped to strengthen local residents’ awareness ofthe church’s presence in the expanding new communities of northwest Cambridge.
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¢ An Alpha Course run in the Spring of2025 gave an accessible opportunity to introduce the Christian faith to members ofthe wider community. The church’s excellent relationship with Cambridge City Council’s community development team and the University of Cambridge’s Eddington Placemaking Team continued to be very positive and productive.
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- Eddie's Community Café - which the church runs every Monday morning in the foyer of Storey’s Field Centre, in the heart ofthe Eddington campus - continued to be a very popular place for local residents to meet and enjoy free home-made refreshments.
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® Inaddition, four well-attended, seasonally themed, family-focused events were held by New Life Church for the Eddington and northwest Cambridge Community, based around the themes of Christmas, Easter, Valentine’s Day and the October half term.
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e As in previous years, the Trustees have made grants to like-minded charities and various individuals, in furtherance of the Charity's objects, 7
Financial Review
A surplus of£684 (2024: surplus of £8,293) increased the net cash funds held to £79,094 (2024: £78,410) at the year end.
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NEW LIFE CHURCH CAMBRIDGE
TRUSTEES' ANNUAL REPORT
For the year ended 31 August 2025
Reserves Policy
The Charity holds no investments, and its reserves consist solely ofthe balances in its current and deposit accounts. There are no restrictions on these funds, except as shown in note 3 to the financial statements and are otherwise free for the Trustees to use in accordance with the Charity’s objectives. At the year end the level of unrestricted cash held was £70,484 (2024: £66,060), which is greater than the three months! expenditure required by our reserves policy.
Principal Funding Sources
The Charity’s principal source offunds is in the form oftithes and offerings from the members and friends ofNew Life Church, Cambridge.
Grants
The Charity makes donations and grants in line with Scriptural principles and consistent with its main objectives.
PLANS FOR FUTURE PERIODS
Following a smooth transition in senior church leadership, with Tim Anderson succeeding fan Rawley as Senior Pastor in January 2025, the church is now seeking new individuals to serve in a range of middle-level leadership roles, Additional Trustees are also being recruited to join the current board as we develop the next phase of the church’s ongoing commitment to sharing the love of God with the people ofnorthwest Cambridge. This includes initiatives that build and strengthen the community, such as plans to sponsor a new Holiday Lunch programme for local residents.
SIGNED ON BEHALF OF THE BOARD OF TRUSTEES Va A. Silver Chairman of the Board of Trustees Date: JI Fobmnaey 2926
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REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF
NEW LIFE CHURCH CAMBRIDGE
For the year ended 31 August 2025
f report on the accounts of the trust for the year ended 31 August 2025, which are set out on pages 5 to 7.
This report is made solely to the Charity’s Trustees, as a body in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the Charity’s trustees those matters that I am required to state to them in the independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity’s Trustees as a body for my work, for this report, or for the opinions ! have formed.
Respective Responsibilities of Trustees and Examiner
The Charity’s Trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year under section 144(2) ofthe Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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® Examine the accounts under section 145 of the 2011 Act;
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To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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To state whether particular matters have come to my attention.
Basis ofIndependent Examiner's Report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
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(1) Which gives me reasonable cause to believe that in any material respect the requirements:
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¢ to keep accounting records in accordance with section 130 of the 2011 Act; and
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¢ to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
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(2) To which, in my opinion, attention should be drawn in order to enable a proper understanding ofthe accounts to be reached.
enn me are Seaa
Robert Allin FCA Milton Hall, Ely Road Milton, Cambs CB24 6WZ
Date: 7th February 2026
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NEW LIFE CHURCH CAMBRIDGE
RECEIPTS AND PAYMENTS ACCOUNT
For the year ended 31 August 2025
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|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|Unrestricted|
|General|Designated|Restricted|Total|Total|
|£|&|&|&|£|
|Note|
|RECEIPTS|
|Tithes and gifts|$2,801|$2,801|78,742|
|Gift Aid|18,069|18,069|15,948|
|Event income|40,082|10,082|4,592|
|Bank|interest|1,389|1,389|1,170|
|Other income|1,914|1914|
|TOTAL RECEIPTS|114,255|-|-|114,255|100,497|
|PAYMENTS|
|Mission|3|2,486|11,740|14,226|6,735|
|Trustee and employee costs|2|68,323|68,323|61,273|
|Other ministry|support costs|2,140|2,140|3,781|
|Venue hire|costs|11,285|11,285|10,963|
|Training, travel|and conferences|-|-|36|
|Office and administration|costs|1,880|1,880|2,524|
|Ministry|costs|5,060|5,060|1,145|
|Event costs|10,167|10,107|5,197|
|Independent examination|fee|550|550|550|
|TOTAL PAYMENTS|101,831|11,740|-|113,571|92,204|
|NET|RECEIPTS/(PAY MENTS)|FOR|
|THE YEAR|12,424|(11,740)|-|684|8,293|
|TRANSFER BETWEEN FUNDS|(8.000)|8,000|-|-|3|
|OPENING CASH FUNDS|66,060|4,281|8,069|78,410|70,117|
|CLOSING CASH FUNDS|70,484|541|8,069|79,094|78,410|
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NEW LIFE CHURCH CAMBRIDGE
STATEMENT OF ASSETS
As at 31 August 2025 SERREaane
;
| Unrestricted General £ |
Unrestricted Designated £ |
2025 Restricted £ |
Total z |
2024 Total £ |
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|---|---|---|---|---|---|---|
| CASHFUNDS | ||||||
| Bankcurrentaccount Bankdepositaccount |
5,179 65,305 |
541 - |
3,069 - |
13,789 65,305 |
£9,320 59,090 |
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| 70,484 | 541 | 8,069 | 79,094 | 78,410 | ||
| OTHERMONETARYASSETS | ||||||
| GiftAidreceivable | 4,786 | - | - | 4,786 | 3,908 | |
| 4,786 | - | - | 4,786 | 3,908 | ||
| LIABILITIES | ||||||
| PAYEandNIC liability | 394 | - | - | 394 | 349 | |
| 394 | - | - | 394 | 349 | ||
| ASSETSRETAINEDFORTHE | ; | |||||
| CHARITY’SOWNUSE | ||||||
| ElectricDrumKit | 2,200 | - | - | 2,200 | 2,260 | |
| 77,076 | 541 | 8,069 | 85,686 | 84,169 |
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NEW LIFE CHURCH CAMBRIDGE
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NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 August 2025
ACCOUNTING POLICIES
The financial statements of the Charity have been prepared using the receipts and payments basis.
Value Added Tax is not recoverable by the Charity, and as such is included in the relevant costs in the receipts and payments account.
2 TRUSTEE AND EMPLOYEE COSTS
The Declaration of Trust makes specific allowance for payments to and remuneration of Trustees (or connected persons) but with the conditions that the number of Trustees receiving remuneration shall never form a majority of trusteeship.
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| FeespayabletolanRawley as Senior /AssociatePastor Remuneration,employers’ NICandpension FeespayabletoTimAndersonasMissionLead/SeniorPastor |
23,783 13,960 30,579 |
29,688 11,793 19,792 |
| 68,323 | 61,273 |
3 MOVEMENTS ON FUNDS
Restricted Funds:
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Thank offerings are taken periodically for specific areas of need or projects, in accordance with the Charity’s objectives.
The Poor Fund represents donations specifically for the relief of poverty and financial hardship.
| Transfer in | |||||
|---|---|---|---|---|---|
| , | Brought forward |
Income | from unrestricted |
Expenditure | Carried forward |
| funds | |||||
| £ | £ | £ | £ | £ | |
| Thankofferings PoorFund |
493 7576 |
- - |
a : |
a : |
493 7,576 |
| 8,069 | - | - | - | 8,069 | |
| Designated Fund: | |||||
| The Apostolic Fund, established April 2023, associatedwiththeSeniorPastor’strans-local |
represents a ‘tithe oftithe’ to be used to cover ministry amongst, andbeyondthe LifelinkGlobalchurch |
direct expenses churchnetwork, |
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| Transfer in | |||||
| Brought forward |
aeons | from unrestricted |
: Expenditure |
Carried forward |
|
| funds | |||||
| £ | £ | £ | £ | £ | |
| ApostolicFund | 4,281 4,281 |
- - |
8,000 8,000 |
11,740 11,740 |
541 54t |
The Apostolic Fund, established April 2023, represents a ‘tithe of tithe’ to be used to cover direct expenses associated with the Senior Pastor’s trans-local ministry amongst, and beyond the Lifelink Global church network,
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