2023-03-31-accounts - New Living Ministries

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PHOENIX COMMUNITY CARE LIMITED Report of the Trustees for the Year Ended 31 March 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

PHOENIX COMMUNITY CARE LIMITED Report of the Trustees for the Year Ended 31 March 2023

OBJECTIVES AND ACTIVITIES

Purpose

a) The relief of those in need, hardship, or distress especially those that are vulnerable, young people, asylum seekers and refugees by the provision of supported housing for their benefit.

b) To advance in life and relieve the needs of young people by the operation of a foster care agency and by providing care and support for their benefit.

c) To advance the education of the public by delivering training and education for young people (between the ages of 14-19), asylum seekers and refugees who are not in education or employment.

d) The relief of poverty but not exclusively in Sri Lanka, Romania and Kenya by funding and providing support to orphanages, schools and to feeding programs that affect members of deprived communities; and by the provision of volunteers to further this work.

Supported Housing

We started our supported housing programme back in 2001. This service takes young vulnerable adults, the majority being 16yrs - 18yrs old and are refugees or asylum seekers. We provide semi-independent accommodation; help enrol them into college or training programmes and support their legal and medical needs. During their stay with us, their allocated keyworker will help them develop their independent living skills. A recognised qualification that all our service users can obtained while with us. During 2018 PCC registered with OCR (Oxford Cambridge Royal Society of Art) to be able to deliver courses in life skills, and to certificate them up to level 3. Also working with Met Police and ‘You Vs You’ in training courses / life skills.

We have always been in this financial year at high occupancy with a 98% capacity for the year of our 27 possible placements.

Foster Care Agency

Our foster care agency opened in 2005. We went from 20 households on April 1[st] 2022, to 19 households (also 2 respite carers) on March 31[st] 2023 with 1new families approved / 2 respite carers approved / 2 families left the agency in this period. Our occupancy is still high within the agency with 26 in placement (plus another 3 on ‘Staying Put’) on 31[st] March 2023, with 4 classed as long-term placements.

Monitoring continues to evolve to meet the needs of the service with CHARMS audits done monthly and always looking at ways of improving our monitoring.

We continue to aspire to sustainable growth at our current pace with a strong focus on the approval of a mature and diverse pool of foster carers that reflect the community that we occupy and the needs of the children we foster.

PCC also continue to pursue working in the Northeast of England but have struggled to grow since the first household joined in 2019. This is something we continue to investigate with a planned recruitment strategy for implementation during the next financial year.

Short Term Aims

During the next financial year, build up to 22 households that can accommodate 30 placements.

Long Term Aims

A long-term business goal would be to establish more of a presence in the North of England. Also we hope raise households in Clacton from 2 to at least 5 in next two years. We are promoting PCC nationally via our online presence and by attending regional promotional events, conferences, and festivals.

Continuous Professional Development

Foster Carers are expected to participate in a minimum amount of training and this is delivered by PCC’s team. Topics this year have included safeguarding, child development, communication, education and ACEs. This is delivered regularly through Zoom across the year as well as in person training being delivered annually to the carers.

All PCC staff undertake scheduled training through the Atlas system which gives us access to specific training topics that are relevant to our roles as employees as well as to our individual roles. For example, fire safety, health and safety, safeguarding and conflict management. In relation to our social work staff as part of their ongoing registration they need to maintain a level of CPD and this year it had to include peer reflection. The social workers in staff have been undertaking regular meetings to facilitate peer reflection and this has been evidenced and submitted, along with additional CPD.

Strategies

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the charity commission relating to public benefit and to its supplementary public benefit guidance on grant making charity. We also seek the advice and guidance of parties we are affiliated to and registered with, such as NAFP & Foster Talk. We are also governed by OFSTED and our practice is closely scrutinised. We have obtained recognition from Investors in People and have held onto this award for 13 years.

We employ qualified personnel to facilitate the following roles within the organisation:

Key working
Administration & Accounts including DBS
Placements
Maintenance
Data control & IT
Social work - Foster care management & governance - Training OCR and CPD
Practice Educators / training and monitoring student social workers.

We offer student social workers 70- and 100-day placements to the University of Hertfordshire, Sussex University and Middlesex University using our service and practice educators. This is providing work experience and valuable training to those who seek to become effective and influential in the field of social work.

Measuring

Examining and measuring success seems improper when dealing with looked after children's lives and young people but for the purpose of this report we do the following: -

Foster Care: We monitor placement availability and referrals from local authorities by use of the CHARMS system. OFSTED carry out three-year inspections (last one was in 2022) and make recommendations of how we can improve our service.

Unaccompanied children (UAM's) - Supported Housing: We monitor the number of referrals being received as well as the ethnicity and country of origin of the service user. Our team meet monthly to review all cases and individual needs of service users. We also use CHARMS for all our record keeping. This part of our service will be governed / inspected by OFSTED in 2024.

Charity Income:

We have seen a steady and stable increase in the amount of regular donations being received into PCC. Various projects here and overseas are being supported. This information is compiled into a monthly report and reviewed by the Trustees. PCC is a specialist in handling finance for special projects in Romania, Kenya and Sri Lanka and other organisations have asked us to help them in the transfer of funds to their non-UK projects. We are particularly helping our partner charity in South London who regularly contribute to Rain Edge in Kenya, to Dare to Dream in Romania and to the Tumaini Project also in Kenya. We charge no admin fees for this service. We do incur bank charges. This we will keep under review by the trustees.

Friends of PCC: We occasionally have people wanting to donate to the local work we are doing with our unaccompanied asylum-seeking children. We also have individuals regularly sponsoring our work here in the UK and they are considered ‘Friends of PCC’.

Significant activities

To run all our programmes and the following, we have 17 staff members , facilitate 4 or 5 student social worker placements, & various volunteers. We have also added our first apprentice social worker to our team.

Phoenix Community Care actively promotes and raises funds for the work of the following projects as well as our own projects here in the UK.

All being successful we are supporting work in:

Rainedge International, Nakuru, Kenya.
Paalam Project, Wattala, Sri Lanka
Dare to Dream, Romania

Grantmaking

We collect regular donations from individuals for the work in Kenya and pass these on to the various projects.

In March 2023 we were awarded a grant worth £38,760.25 from an organisation called Beyond Sport. This is to deliver to 40 young people, mindfulness workshops, mental health self-care and NFL training. We have until March 2024 to complete the contract and we will partner with You vs You to do this.

We receive small grants for facilitating student social work placements and for helping new social work graduates complete their AYSE.

Public benefit

We provide services to support some of the most vulnerable people within our community. Looked after children, asylum seekers and refugees need consistent support, reliable advocacy and to have a voice. Our provision helps bring stability and make a difference to those in need. It also seeks to educate everyone to understand the complex needs that the most vulnerable have. Our services have been effective in helping to reduce homelessness, youth offending, teenage pregnancy, loneliness and improve mental health. It helps encourage a greater understanding of cultural diversity thus reducing fear and misunderstanding. We want our local community to grow peacefully, addressing the needs of those less fortunate and be a place of safety and empathy.

Social investments

We continue to put investment into Football United working with various charities to bring weekly training and activities for young refugees/asylum seekers. A project initially funded through Model City London.

Volunteers

Unfortunately, we did have any volunteers this financial year.

STRATEGIC REPORT

Achievement and performance Charitable activities

Foster Care – Less Carers but more placements. Provided different methods of support to our carers helping them to keep children safe.

UASC Supported Housing – Even higher occupancy and even more training activities (using ‘You Vs You and the Met Police).

Charity - managed to secure a substantial number of sponsors for Sure 24, Nakuru, Kenya, a project which funds children’s care and educational needs. We continued our ‘sponsor a child’ scheme with a Norwegian charity.

Financial review

Financial position.

Our overarching financial income is generated through the services we provide through our supported housing and our fostering agency as these services are paid for at time of referral. Our income this year was £1,749,684.00 which is a 11.62% increase on last year. Our contracts with the placing authorities are open ended as they are based on spot purchasing. Out of these funds we are endeavouring to build up a reserve large enough to cover the business activities for a further three months should any disaster occur. None of our current activities make a loss.

The charity receives various donations that are used for the projects they have been designated to. In the past year the total donations have been £159,716.00.

We have various policies in place explaining financial procedures and accountability. Our payroll and pension liabilities are calculated for us by JMH Partnership.

Reserves policy

The trustees have examined Phoenix Community Care Charity's requirements for reserves in the light of the main risks to the organisation and has determined that a reserve of three months expenditure be held. The present level of reserve available to the Charity is £186,423.00 and PCC are looking to increase this over the next 12 months.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity is controlled by its governing document, its Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by companies Act 2006.

Recruitment and appointment of new trustees None

Wider network

Accountants

The JMH Partnership Ltd Chartered Certified Accountants 481 Green Lanes, London N13 4BS

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

03798480 (England and Wales)

Registered Charity number

1139773

Registered office

The Trampery 639 High Road London N17 8AA

Trustees

A Hawkes Mrs A Kelly J A Coates MBE Mrs C Mayer G Hawkes Mrs P Hawkes Mrs Miri Burnett

Company Secretary

Mrs A Kelly

REFERENCE AND ADMINISTRATIVE DETAILS

Senior Statutory Auditor

Mr Stephen Anderson FCCA

Auditors

Knox Cropper LLP Chartered Accountants 153-155 London Road Hemel Hempstead Hertfordshire HP3 9SQ

FUNDS HELD AS CUSTODIAN FOR OTHERS

Rainedge International, Nakuru, Kenya Tunaimi, Nairobi, Kenya Dare to Dream, Soard, Kenya

AUDITORS

The auditors, Knox Cropper LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 24[th] November 2023 and signed on the board's behalf by:

.............................................

Mrs P Hawkes - Trustee

Trustees Responsibility Statement for the Year Ended 31 March 2023

The trustees (who are also the directors of PHOENIX COMMUNITY CARE LIMITED for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

there is no relevant audit information of which the charitable company's auditors are unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

REGISTERED CHARITY NUhlBER: 1023328 Rort ofthe Trtee5 and Unauditad Financlal Statemènts forthè Year Eknd 31 March 2023 NEW LIVING MIt41STRIE5 Knox Crcpper LLP Chartered Accountants 153-155 London Road Hemel Hempste Hertrd$hir8 HP3 95Q

NEW UVING MINISTRIES Contsnts oftho Financlal Statemerrts for th• Yo*r End 31 March 2023 Page Report ofth• Trusto•s 1 to 2 Indepondgnt Examlnots pOrt ststement of Financial A¢tlvltl88 Balan¢6 She8t N¢>tss to the Financial Statements 6 to 11

NEW LIVING MINISTRIES Roport ofthe Trustsos fgr thg Year Ended 31 March 2023 The trustèes present their report the financial statèments of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Rèwrbng by Chanties.. ststemenl of Recommended Practice applicable lo charibes preparing their accounts in accordance wth the Finanaal Repott"ng Standard applicablè in the UK and Republic of Ire18nd (FRS 102) {effectwe 1 January 20191. OBJECTIVES AND ACTIVITIES ObJe¢tives and aims The prornob.on of the heart of God (Jesus ChTiStI in action. grace and being there for people. We do this through meeting together, encouraging gifts, projects and busine8se8. Significant activltlgs ActNiliè5 included= Phoenix Academy- Education for all children ages 5- 18 years of age. Kenya & Sri Lanka- Charities to benefft living staThJards in these areas. Publlc nofft Community projects and education. Volunteers One parent in the 5¢trwl. ACHIEVEMENT AND PERFORMANCE Charitable activiti•s Ralnbow The Trust Lises the name Rainb)w. Rainbow meet monthly for wayer or peace meals. We also promote other events V1n the local and wder communty. These include such things as art events, holidays {i.g. camping), mission trips abroad community events. This is coming to an end in this finanu81 year as Gareth Hawkes has handed in his notice with admin and we won't be recruibng a new memter. Phoènix Aodemy Phoenix Academy is registered as an Ilependent SGho(J and governed by OFSTED. It conlinues to operate from 85 8ounces Road, N9. It has afound 20 sluijents enrolled ben the ages of 5 - 18 years old and all a worlong towards achieving an ICCE qualification at school leawng age. The %hool operates with a Board of Govemors consisting of Garelh Hae8 (Chairl, Pauline Hawkes. Adrian Hae$, Samuel Kelly. Angela Kelly. Paul Kelly (Head Teacher). Gena Areola (Designated Safeguarding Officer) and Donna-marie Sargent & Aaron Chambers (pants). The Academy charge5 low fees lo parents sufficient to subsidise Staff wages and leaming materi$. Fundralslng a¢tiviti•s We receive regular gffts from our church attendee5 and local community. Intomal and oxt8rnal factor8 The New Living Ministries Trust has been spon80red by Phoenlx Communty Care Ltd (PCCI. PCC Is a local charty worknng looked after Children, care leavers, asylum seekers and refvgees. FINANCIAL REVIEW Prfncipal funding sources The trust 55 primarily fvnded by donatp?ns and the receipt of subsidised school fees. FIThURE PLANS To continue supporting the schcol and the govemors vi81¢)n. Page 1

NEW UVING MINISTRIES Report of tho Tte&S forthe Year Endgd 31 March 2023 STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The chatity is controlled by its goveming documen( a deed of trust and constilLrtes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAIUJ Rogistered Charity number 1023328 Principal address 85 Boun¢es Road London N9 8LD Trustees Mrs A Kelly G l J Hawkes G Areola JA Ha%re$ Indppendent Examlner Knox Cropper LLP Chartered Aountants 153-155 London Road Hemel Hempstead Hertfordshire HP3 9SQ Approved by order ofthe board of trustees 19 December 2023 and Sne{l on its behalf by.. Mts A Kelly- Trustee Page 2

Independent Examinerfs Report to tha Tru8t•o8 of New Llving Ministries Indepondgntexamlner's report to the trustsfrs of New Uvlng Mini8trio$ l lo the charity trustees on my examinalion of the accounts of New LNing Ministries (the Trust) for the year en(led 31 March 2023. Rgsponslbllltlos and ba$ls of rgport A5 the charity tnjslees of the Trust you are responsible for the preparation of the accounts in a{11<1an wth the requirements ofthe Charrties Act 2011 (the Acri. I report in respect of my examination of the Twsfs accounts carrled out under Se¢Uon 145 of the Act and In carrying out my examination I have follo%d all applicable Directions given by the Charity Commission under Section 145{5}Ib) of the Act Ind9P9ndent oxaminèrfs statsment I have compleled my examination. I confim that no mateTial matter5 have ccffle to my attention in connectson with the examination gmng me Gause to believe th* in any material respect.. antIng records were not kept in respect of ihe Trust as required by Sethon 130 ofthe Act,. or the accounts do not accord those records., or the Unts do not comply with the applicable requirements concerng the form and content of accounts set out in Ihe Charities (Accounts and Reports) Regulations 2008 other than any requirement that the a¢¢tsunts give a true far view whith is nol a matter nSidered as part of an independent examinalKJn. I have no concems and have come ac¥038 no other matters in Connect wth the examination to vthlch attention should be drawn in this report in order to enable a proper understanrfing of the acct)unts to be reached. stephen Anderson Knox Cropper LLP Chartered AcctsJntant8 153-155 London Road Hemel Hempstead Hertfordshire HP3 9SQ Page 3

NEW LIVING MINISTRIES statsment of Financlal Activiti05 for the Year Ended 31 March 2023 2023 Total funds 2022 Total fijnds Unrestricted Restricted fijnd fund Notes INCOME AND ENDOWMENTS FROM Donations and legaaes 56,690 $6.690 49.654 Charltablg ad]vltles SchcK)I 51.057 51,057 57,960 Other income 285 265 Totsl 108,012 108,012 107,614 EXPENDITURE ON Charltable actlvStles School 80,439 80A39 87,188 Other 16.969 16,969 18.599 Tolal 97,408 97N08 105,787 NINcOmE 10,604 10.604 1,827 RECONCILIATION OF FUNDS Total funds bioughl forhyard (42,404) 183 {42.221) {44,0481 TOTAL FUNDS CARRIED FORWARD (31,80D) 183 {31.617) 142,2211 note$ forni part ofthe8e financlal statements Pap4

NEW LIVING MINISTRIES Balan Sheet 31 March 2023 2023 Total fvnd$ 2022 Total funds Unrestri¢ted Jnd Restricted furKf Note5 CURRE1 ASS8 Debtors Cash al bank 11.459 7,817 11.459 8,000 18,815 2.596 183 19,276 183 19,459 21.411 CREDITORS Amcrtjnts falling due vithin one year 151,076) {51,0761 163,6321 NET CURREpif ASSETSIILIABIUTIESI (31.800 183 (31.617) 142.2211 TOTAL ASSETS LESS CURRENT LIABILITIES 131.800) 183 131,617 142,2211 NET ASSETSIIUABIUTIES) 131,8001 183 131.617) {42,221) FUNDS Unrestricted funds Restricted funds (31,8001 183 142,404) 183 TOTALFUNDS 131.617) 142.2211 The financial statements were approved by the Board of Trustee8 and 8uthorised for issue on 19 December 2023 and were signed on its behalf by.. A Kelty- TnJstee The notes form part of these finanaal statements Page S

NEW LNING MIMISTRIES Not•s to tho Financial Statements for the Yèar Endèd 31 March 2023 ACCOUNTING POLICIES Basis of proparing the financlal statsmonts The financial 5tstements of the charity. which is a public benefft entity under FRS 102, have been prepared in accordance wlh the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice aN)licable to charitie5 preparing their a¢UnIS in accordance th the Fin8n¢ial Reporting Standard applicable in the UK and Republic of Irelancl IFRS 1021 (effe¢b 1 January 20191,, Financial Reporbng Standard 102 'The Financial Reportj'ng Standard applicable in the UK and Republic of Irelanrj, and the Charities Act 2011. The financial statements h8ve been prepared under the historical cost nVention. Going concern The charitls financial statements have be prepad on the going conrn basis on the grounds that the rrent and future sources of funding or support wll be more than adequate for the Charity's needs. In making their slalemenl on going concern. the trustee5 are reIng on the commitment made by related paty that they wll not seek repayment of the amount due to them un1 there are suffident fvnds lo repay the amounts owed {8ee note 10). Incom• l InMe is recognised in the Statement of Finantyal A¢tiwties once the charity has entilkment to the fijnds, rt is probable that the Inccffie wll be received and the amount can measured reliably. Expendlture abilities are recognised as expenditure 8$ 800n as thaE is a legal or constructive obligalion commitbng the charity lo that expenditure. it is probable that a transfer of economic benefils will be required in settlement and the amount of the obligation can be measured lIablY. Expenditure is accounted for on an atxruals basis and has been classified under headings that aggregate all cost related to the category. Where cos15 cannot be directly a¢tiibuted to parbcular headings they have teen allted to a¢b'vities on a basis ¢onsi$tenl Wbth the use of resources. Tangible fixed assets DepreThalion 15 provided al the following annual rates in order to vrtite off each asset over its estimated usefiJl life. Fithres and ffttings 10% on cost Taxation The charity is exempt from tax on its charitable activofjes. Fund a¢¢ounting Unrestricted funds Can t* used in accordan ¥th the charitable objectives at Ihe discTetion of the trustees. Restricted funds can only k used for particular reslricted purposes vAihin the objects of the charity. Restrictions arise when specified by the thmor or vthen funds are raised for p8Clar restricted purposes. Further explanation of the nature and purwse of each fuTrJ is irlUded in the notes to the financial statements. Pgnsion costs and othar post4etlr8rngnt b9nefits The charity operates a defined contribution pension stheme. Contributions payable lo the Charity's pension scheme are charged to the Statement of Financial Athities in the period to they relate. Page G eonlinucd...

NEIV LIVING MINISTRIES Note5 to tho Financlal Statsmgnts- continugd for the Year Ended 31 March 20Z3 TRUSTEES. REMUNERATION AND BENEFITS 2023 2022 Twstee5' salarie5 5,640 5,840 Trust8aS' 8XPgns Trustees, expenses were £5,005 for the year ended 31st March 2023. STAFF COSTS The average monthly number of empbyees during the yearwa8 as follow8.' 2023 2022 Average monlhty number ofemployees No empl¢)yees reCeIv emoluments in excess of É60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTNITIES Unrestrf¢ted Reslrfcled fijnd nd Total funds INCOIJIE AND ENL)OWMENTS FROM Donations and legacies 49,594 49.654 Charitable activitias Schty)I 57.960 57,960 Total 107.554 60 107.614 EXPENDITURE ON Charitable activities 87,188 87,188 Other 18,099 500 18,599 Total 105,287 500 105,787 NET INCOMEIIEXPENDITURE) 2.267 {440) 1.827 RECONCIUATION OF FUNDS Total funds brought forward 144,671 > 623 144,0481 TOTAL FUNDS CARRIED FORWARD 142,4041 183 (42,221) Pagfr 7 oontinuod...

NEW LfviNG MINISTRIES Notos to tha Financial Statements - continued fortha Year Endgd 31 March 2023 TANGIBLE FIXED ASSETS Fixtures and fittings COST Al 1 April 2022 and 31 March 2023 16,489 DEPRECIATION At 1 April 2022 and 31 March 2023 16,489 NET BOOK VALUE Al 31 March 2023 At 31 March 2022 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade debtor5 Other debtors 10,993 466 13.269 5,546 11,459 18,815 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 Trade ¢$torS Taxation and social security Other creditors 902 134 5.354 58,278 51,076 63.632 LOANS An analysis of the maturity of loans is given belw. 2023 2022 Amoun15 falling due within one year on demand.. Other loans 45,959 51.959 Pag8 8 continu8d...

NEW UVING MINISTRIES Notos to the Flnancial Ststements- ¢onllnu8d for the Year Endod 31 MarGh 2023 MOVEMENT IN FUNDS Nel mtsvemenl in funds At 31.3.23 At 1.4.22 Unrestricted funds General fvnd (42A04 10,604 {31,800) Restricted funds Restricted 183 183 TOTAL FUNDS {42.221) 10.604 {31.8171 Nel m0Vern1 in funds, induded in the above are a5 follow5.. IncomirrfJ Resources reswrGes expeTrJed Movement in fvnds Unrostrlctsd fundB General fund 104012 197,408} 10,604 TOTAL FUNDS 108,012 197.4081 10.604 Comparatlves for movement in funds Net movement in funds At 31.3.22 At 1.4.21 Unrnstricted funds General fijnd {44,671) 2,267 {42.4041 Rgstri¢tsd funds Restrided 623 14401 183 TOTAL FUNDS {44.048} 1,827 (42.221) Page 9 contin...

NEW LIVING MINISTRIES N¢)tes to thè Flnan¢lal Ststwnents- continuod for the Year Ended 31 Mar¢h 2023 MOVEMENT IN FUNDS - ¢ontinuod Comparatrve nel movement in funds, induded in the above are as follows.. Incoming resources Resources Movement expended in fvnds Unrestrrcted funds General fund 107,554 1105,287) 2,267 Restricted funds Reslricted 60 {500) (4401 TOTAL FUNDS 107.614 (105.787) 1,827 A wrrenl year 12 months and prK)ryear 12 rTr)nth$ combined position is as follows.. Net movement in funds At 31.3.23 At 1.4.21 Unrestrlcted funds General fund (44,6711 12,871 (31,8001 Restricted funds Restricted 623 {4401 183 TOTAL FUNDS {44.048) 12,431 (31,6171 A current year 12 months and prior year 12 monlhs combined nel movement in fvnd$. induded in the above are 88 follow8: Ino)miThJ resources Resources expended Movemenl in fvnds Uniestricted funds General fund 215.566 1202,695) 12,871 Restrlcted funds Restricted 60 (500) {4401 TOTAL FUNDS 215,626 1203.195) 12,431 Page 10 continued...

NEW UVING MINISTRIES Notss to the Flnan¢lal Statsmènts- continuod for th? Ygar Ended 31 hlarch 2023 10. RELATED PARTY DISCLOSURES The tharity owes £45,9591£51.959 - 2022) to Pauline and Adroan Hawkes, who are the parents of one of the trustees of the charty. Phoenix Community Care Limitèd owes £466 {£400 - 2022) to the charty. The partEs are related as a resutt of directorslmembersftrustees hawng posili¢)n$ w'rthin each entity. Page11