2021-07-31-accounts

MOORE Kingston Smith New Creations A Company Limited By Guarantee And A Registered Charity Unaudited Accounts For the year ended 31 July 2021 Chahfy Reoitstyatkn No. 1045719 Camyny No. 03041408 IEngl•id Ind Wale$l

New Creatlons General Infomiation DIRECT(IR8miusTEES..- Revd C. Jonos Rev'd R.J. Kllththig M18ts S.C. Philliw Mrs M.H. Iztard Ml&$ S.K. pol￿ng￿r Mbas A.IA.M. Smllh REGIBTERED CHARITY NO... 1045719 COMPANY REG18TrATION NO:. 03041408 REGI8TEREO OFFICE:. clo Woore Klngiton Smllh LLP Bttchworth House 57. 65 si•ibn R¢•d Redhill Surrey RH1 IDL INDEPENDeNTEXAIAINERS:. Muor• Klngi¢on Srnllh LLP Bèlchworth Hou 5T. 85 SLgllon Road R•dhlll RH11DL 8ANI(ER8:. 8•tdayD Bank PIC Croylun SuNoy CR7 7YP

New Creations Report of the Trusto05 For the year ended 31 July 2021 Tho Trustaes who 4Lre IhB tlirectors of Ihg charily. Submit Ihalr report and 4ccounls for tha endod 31StJ￿Y2021. Tl The Charity is a pnvale company limited by guarant80. regI8￿r8d numbèr 03041408, and 118 Affalrs Are governed by the provlslons ol 115 hlemorandum snd ArtSde8 of Associabon. ThE chllnly IS rggislgrgd tho Ch8rityCoMmlB￿on under r•gkglralion numb8f 1045719. The Charlll8 priTh&pAI addr8sK h.. Bgtchworth HouJJ•, 57- 65 Slauon Rol, Il•dhill, Surmy RH1 1DL. RE IThIEFIT There are slx Trus￿01 and il li nol coniidered W￿53•ry lo recTuII ￿0th￿ trusi88 ai tha pr8aanl Ilmè. Ho￿ve1, Ihii 1$ kept under re9ular review. The Chailly's plirnaryobject￿e 18 th• adVan￿mInI of th Chdsll8n ro119lon. Th18 ￿ 8chl8¥ed Ihfough iha usi of lh• rt8, •nd spodfiGHNy laxtlkry art, by gng8oing. Informlng 4nd Onhgnung ￿￿T￿hIP qcross 4 K4de crou sgcbon of Ihe mmunity.'Th• LlnhgW- the property In Soulh Davon bythe Ch•dty- IJ being u8ed 88 a d8dic4ied slL¥llo for th research, désign and prodLttion of 411 Ihe lexble ￿P1k. Our f4r$i huy• •xhibilion Thmd• through R•wl•llon vlsllad 14 c8lhadtnls boN￿en 2016 Ind 2016 wjs ￿On by over mllllcn pooplg. Mwnyw4lk¢d 8round rogdlng tho Bible on thoir phon88 or thking pholoa ID zoom out frbonds n88r And far. Th•nks 10 its succesa VA ￿ve many c•lhedrg1• on our Jldel We 8lre8dy Mve 15 c4lhedrai• slgned up for a i¢iJr)l Thr••d• through Cr•411¢)n, thich w•• cOmp￿led in iha 8•rly p8rt of 2021, •nd li plannBd Icur Iroin 202110 2024. Th• flnql number of v8nu•8 10 Ilkoly 10 be be￿•￿ 20 25. Thr•ith th￿9h ¢r•iiom lu m4de up ol twelve very laTg8 51siched p8neli12m and bo1￿0n 1.2-3m ￿d•1 u8iTrJ vlbranl dyeg. melalliG Ivalher3 ¥Mk¥ on Vinl•ge linen bed8heel8. And ih6r8'8 a book Thr••dB Ihrough cr••11¢￿ whKh 4ccompRnie5 the le￿11• •thibilion vAih • Shortor oulde. po8icArd8 Ind pMniÉ. Th• iour bogan In S•llBbury Caihadr81 In Au9U812021 •n gbvnd8nvJ of ￿￿1• InlereBI resullirvJ In a photograph In ThB Dally Tekryor4ph, 8nolher In Th• Tim88. and • lttifd in the Church TIT￿$. Thou¥onds w511•¢ tho e¥hltAlion. including claJie• ol thi￿10￿. •nd left mony pos￿1¥8 commonis In •xhlbllion noièbook Many cf the Calhedral quldos enjoyed lh• opportunlly lo eharo meir fallh, re￿110￿ lo Ihe exhlbltyon. wlh vlsliorn. Tho calh8dr•l bookthop m¢n•qer •mo1￿￿ to B•y'Thank you 80 m￿h for pmvkllng aith i IAbuloui axhiblloTh-11 h•s bq•n much •niwd by vlaltors, jlaff Ind ¥olunlo•rs, 8nd wo can'l wall for th8 n•xi onel.. JACqUi PrkinAon 8t•rtad ¥￿)ik on Thr••d¥ through th• Cro•• in Oclobar 2021 bt's qJdrnBlqd Ihal Il'll l•k• •PWOM1rn8tely 3 paf8 10 compial• lh• tex¢ik w¢rk Bnd accornp8n￿n9 book forthi8 Ihird18fga eXhIt￿ll0n. 11 ill b• itr tentre piece DI tha 31•ry0 oxhitslbnj and Il'& hoped Ih•l, diy, •1 thre• will iour logolh•r un(kni th• Illl• Thr••ds throtsgh th• 81bkn. In Chudl•lgh, Soulh D•¥on. a•m Pu￿011 •$ itudlo •nd and re￿arCh b81• for ￿¢quI P4rklnwn.11 •180 hou88s th•18#li￿ ￿rk 4hen il Is nol on Ivur. The Chanty r8m81Tr8 praieful lor iht Iyppori from il¥ qen•rou• donorn and aim8 to keep tmrn Informed of d8v•lopmoDi8 and thange8 In the ￿)Ik Covid-19 reduced the numberol C8lhedral8 from 14 10 7 for the exNtyition of Tr•• of Llf• ond Op•n bul now b4ck on ir&ck for Thr••d• through Cr••tlon. Alihough Ih6r8 were miny problèm8 10 ovoicome. both around I 8ff8Ct8 of CovKI-19 Ind &ce8&J lo Frfince followlng Br1￿1￿,5 departure from the Europaan Union, Thr••d• through A•￿1￿150￿ did go to Lille Cathedral over yumm2r of 2021 org•nised by Catholic, Peni¢co8tal. and Orthojox 188der8 and congregations IDyelhvr lo make the exhiblbon 8 great 8ucc•es with perfomiing arts ?vvnts'. The orgglll¥gr5 'Lol us pray Ihal many hearts %%ill bo I￿¢￿￿4 byth¢ Lord IhrDugh Ihls common 8n¢J or*in•l work. ￿rk Jacqul. 8nd ihe done hern bylhv musitsllns. I￿11re adopter and darKers in Iho 8-9uide

New Creations Report of the Trustees For the year ended 31 July 2021 (continued) RE ERVES POLICY 11 i¥ Ihe poI￿Y ol Ihe Chariiy to m8intain unr881ricted funds, Y4hich are the fre? rejerves of the tharily. al w level whith exc8ed$ 8pproxirnalely Mylve rnonth5 ufireslricled expendilurn. This provldes suffidenl fundg io Cover m8na98m8ni 8nd

dminlÉiraUon support C0515. Ir9e reserve¥ al Ihe balanc4 8h881 d818 8mouni to £291.&3212020.. £279,463).

The INote06 believe th8 r888rvos aw at an ad8ouale IBvel. INAMCIAL REVIEW Incomtr receiv•d was t70,02e12020.. £31.3451 wh￿h was 8 Incroase Imm the ￿&r beforo. Th• Tru6t•o• ￿8￿ to I￿1r think8 i0￿rdI Ill of NowCMoii¢ni' doror•. 0￿ra11 • def￿1 of£6,83712020.. deficit of £25,041) w•$ generai•d in Ihe ￿r. Reliance on income from don•li)ns does leavo New Creaiion8 more •XPDsed lo the oconomlc cllmale and the nnandAI OU1￿0￿ for 2022 18 unc8rt8in, m88ning t￿1 New Creallons n￿d5 10 5ocure moro conslBi8nl fUnd￿n9, 08pèclallyfrom Indivklul8 And churth••. MEN Control ThB Trusl•eJ hav• owjrall respon￿￿lItY for•n4uhno thAI th•M 8re approprlat• conlrol 8y81om8 for:. Efflcienl 8nd effedive opof&llon,' Proleclion sgalnsl unaulhorisod UBO or disPO8lllon of 48sets', M8lntenance of proppr rorordj Wlh th• provlwon of rthl•ble flnqrKlg1 InlorfflBln'. and ComplLqnc8 vAlh rnlovanl klglsliiion ond regulollon. In kYaC1k￿ I￿$0 wo d8189•1od 10 th• Cornp4ny Flnanp Off￿•r, h•• d•y lo d•yrn8nwq•rneDI of IhD 4ccounlB. bul who Is r•qulirfyo¢¢ouni•tyi¢ lo •1 leaot NYD TruBl•ep. Tho Company Flnwnce Offic4r •lDo 08N•o 1 $8parai• Chanty. Sh4re Jeiu& Inlom8lion81 (Charity Number 10697841. a8 their Fina￿8 Officer. He a•rves ￿￿cre&ll0￿3 under Ifrnngemenl b•Mwn Ihè Mo ChAr￿lIs. Rl•k F•ctor The Trus￿•1 coniidor that falls Inio ￿ ov4rn11 r•8A-flnww •nd Infr•¥tru¢luN Ilnwme, 8xp•ndllur•. th• ronlgnis ol Ihe chartly 8iu¢Jbl and operation81 i88U86 It￿ ￿re of thè ￿lIk on tour and pos•ibl• rl•k• io Ihlid pania8 whllAI the publk vlevA the charll¥y vrt>rkl. The Trusia•i h4vo milig•¢fjd iho fln8rw 4n¢J Infr88lruGlur• rhBk8 by.. Eneurlng ther8 Ill no over-r•11&n￿ on onypr• fvnding uourc• orflxed iorrn Income,. Enwrln9 •yBterns ex181 ￿ comtrai tho Ihr•el of compulor virnsoi and loas of inforrn•iion', and En￿rIng pp¢opri1￿ 1niuron￿5 arn In plau for OqL4pmonl. compK818d and ￿￿K In progre￿. The Trustees h8V8 mlligal•d op•rnllonal rf8k8 by,. M8inth)ining 4pproprial• Inuurwrt•. lfi JhBpiDg auf obieclivei for the >•r Ind pl•nning our aclfvllNis, tho Truilet8 have cons￿r0d Iho Charity Cornmi¥sion's guldanc• on publlc benenl and, In parti￿19r, tha spocific 9uklarK• on ohArbli&8 for th¢ odY•n¢•m•ni of TEE The TruBleeB, tho 8re a0 IM tXraraor8 undar company ￿w, vtho sBrvqd durtng IhB year ￿rI... Rev'd C. Jones Rev'd R.J. Kilchl Mi85 S.C. Phllllp8 Mrs M.H Izzf Ml8s S.K. PoiurrtJ8r Mlsa A.M.M Srnlth

New Creatlons Report of the Trustees For the year ended 31 July 2021 (continued) STATEMENT FTR TEE Tha Tmsteas Iwm are 8180 DI￿10￿ ol Nv&88tltsns far the purpo&8s oft0mpany114Ia￿ far rrftyarfng the Trust905' R9POrt and th8 r5Da￿AdI stgt8Wt8 in 8ccrxd8nco applkat48 I￿8nd Unlied Klngdom ACCOUn￿ng St8ndard& Iunbled KJnoJm G8notylly A¢¢¢N•d A¢¢ounling pre￿1￿.) ethi￿rty requi￿ Tru¥loe¥ to prep￿rInanCi slalemenls fLY eAch flnanclal yearthlch a tsuo and ffilr vlew cl iho Slate oflhe AffAir8 oflh6 Charilab￿ company and Ifs Incame and •xp8ndhure for In thtt•fhancl81 •1¥1gmHnl¥. Twstees gre rwuirwj to.. adecl iulitsb￿ accounung polldÈ# And thèn appty thom ob8eNa the methoda and pnndplei In Ihe charit￿￿ SORP". make ludgamentÉ and •itlm•le6 that ir8 reiÉonablq PFL4lenl," UKA¢¢4Juniing SIWOqrd5, IrKludlno FRS102. hove bogn lollow•Y. Bub￿ to ary mal•iial d8Partur65 dWos8d and 8xplaSned in thè financial stale￿￿15., 918l&whothera S181em8ni ol Récommenthd Prnctke ISORPI bB•n follvwod. iubl8¢1 to iny rnaierK41 dopartures whkh 8ro oWakn8d Sn ihe nnanclal SL8tsm8nts,' and pr•pare the fl￿￿￿ statern8nts on thg pjlng corKwn un881118 In8Fw￿sM to m¢ th1 th• ¢Wt•¥•Mmwy ￿11 Convn￿l in ￿￿¥105. Tm8w$ w¢ reswnslble for k¢oplng 8mnllng iec¢rds Ihql diKk7s?￿th re8sWab￿ accur8Cy at gny Wrne11 finarKlwl pos￿1￿ of th• chart￿ble comp8ny and 0￿bla ￿ern to ensure Ih81 tha fin8￿4 8lai8mn16 coTryty%ih Iho Componles Act 20CQ. Tnay BtÈ 8Lg0 r&tsKxy)8ibl• for tafe9uirdlng the 8¥Bals ol Iho Chqrhablo company 8nd ￿1￿8 ILK takl reqsonatAe 8lep$ ILY the preveniion 8TrJ d8￿ctIon offraud and othw IN8guLgri1￿$. In aofar 88 the Tru81088 aro ￿re. thorn 18 M relevant Informa￿0￿ ol whSch Ihe chor4t8￿e componls Exominer18 unaware, and the htsvè IAk•i #N steps that theyou￿1 to he¥8 taken lo m&ke Ih8m88W 8ware ol ony relv4orsl Informouon and lo￿tAbIllh Ihat thé Ex￿In•r ￿ •ww•gfthil In1r￿￿tIon. AS on tha Tru8t688' 8tatsmenl on th8 baiBnce Shaai, lh& Tru$*gJ hmlokgn •avwlw ol th• frDrn •Jdll app1.￿bI? lolhe thgntqble cornp8ryand th08e8ccounl8 ha￿ not bean audw. Thly rwort ha5 been prePa￿j In accudancewlh Sp￿al to smjll P•115 ef the Companw Ad 20Cfj. On b8haN clthe Board on 14 Dec8mb8r 2021

New Creations Independent Examiner's Report to the Trustees of New Creations For the year ended 31 July 2021

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2021.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

• 1) accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

• 2) the accounts do not accord with those records; or

• 3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

• 4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.

I have no concerns and have come across no other matters 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.

Ian Matthews FCA Moore Kingston Smith LLP

Chartered Accountants

Betchworth House 57 - 65 Station Road Redhill Surrey RH1 1DL

Date: 14 December 2021

• 4 -

New Crnatlons Statément of Flnanclal Actlvltles For the year onded 31 July 2021 t>JnaUona Jnd 4d•a Investm•nt& S6.813 ?6 13.197 70,010 16 31.14T 10 TOTAL S6.8 ro,028 Ji.345 11 44.730 32.133 70.8e3 TOTAL 32,133 76.863 Ney iexpENDITiIIIEIIIFI¢O 12,099 118,9281 16,8371 125,0411 TAAN8FER BEIVIEEN FUNDI NET IAOVEME14T8114 FUND8 12.099 118.9381 16.8371 125.0411 TOTAL FUNDS BROUQHT FORWARD 279.463 25,819 3D5,28Z 330,323 TOTAL FUND8 CARRIED FORWNAD 291.$62 6.883 298,44S )5.282 Summary Incomo and Expendlturn Account For the ￿aT ended 31 July 2021 Qr••• In¢•m• lyom ¢M11n￿￿4 •o¥vllb•8 70.028 31,346 Tot•1 •xp•nthtw• w ¢onllnuinq OP•rn¢kn• 58,386 Il•YwrdllLvJl I Inwmq for 6.837 25.041 TMBurnm•rylncoff• •nd •AF•ndllur•8rKountl$dthwd from IN• St•i•ff•nlof Fknand&lAtyi¥ttio• tffj•lh•r whh Ihb nota8 to th* o¢Munt¥ w the tsllowkn9 p•9¢• w¢v•Jes lull Inf¢rm•lon on Ihe rrthemqnts during I￿￿•r.

New Creations Balance Sheel As at 31 July 2021 2021 202 IXED A88Et8 T8nglb1fr assets CURRENT AgSET8 Slwk¥ Bank 8nd ealh Dobtor8 and prepAymnt8 193,711 192.NJ4 99,76J 107.gTh8 108.257 116,492 Amounts due ¥%iihln onB yelr 3.523 3,274 104.734 113.218 208 d45 305,282 HEF 14D Unw1￿Cle￿ funds Doslgnaled Ro8inci•d funog 291.311 251 277.569 1.874 298 445 For Iho IlnRnc181 ￿arended 31 July2021 the comp8nyw8S tn1111od to txomptlon frorn audll Jnd•rs8cllon 477 Comp8nloi Act 20D6. No m8mb8r of Ihe company h•• depo8iied a nolke. purnubnl to 58cllon 47e. rgqulring an •udll of tha￿ Ilnancill 1th18menii undw lh• r•qulmmni8 of IN? Compnie$ Aci 21Xrf. Th• dlreGlor5 sd¢nowl8dao Ih•lr r88ponBibilll188 for C4jm￿￿￿ lh• T•4￿r•M•￿teOff lh• A￿￿1h r•sP•Ct lo •cMunllnq r￿ord84nd the Pfoparaiion of fln4nd8181418m8nM. The flnAnclal thwm8n18 hAve b￿n prepAr•d In 4eurdAnc• wllh lh• pm¥I￿OnI9ppl1clb1e 10 compAni88 8ubl•cl lo iho •mill compank*¥ rnglrno Yllhln P•rt 15 al￿ CDmwkryB Acl 2006. Approved by lh• Bo4rd for Imue on 14 December 2021 rn. M.H. Izu Tw•t•glDlr•ctor

New Creations Notes to tha acGounts for the year ended 31 July 2021 harl rm NBwCrealion¥ Is a Gomp4ny Iirniled by gwrJnle• IraKpor8led In England and Wale8. Tho regi$teied off￿• 8ddffjs8 18 Batthworth Hou88. 5745 Slalion Road, Redhill, Surrey, Rklfj 1DL. Th8 Financial Slalefflents ttthvè bven prepared in accordan￿ wlh the Finarwl Reportiry Slandord appli¢ab in the LIK And Republlc of IrelAnd IFRS 1021- The company Is 8 public eniily lor ihe purpo888 of FRS 102 and 8 regithred charlly8siabllshe¢ 8$ a comp8ny Iimii8d by gU8f8nto• and therefore has Dlzo prepared ILI financial stsiamtnis In iccordancè vllh ihe st8￿meNt of RerAJmmgndgd Procti¢e app1￿￿b￿ lo chariu pieparing Ihelr llpLounls in acrArdanc• wlh the Finar0￿1 Reporting Sta￿0rd appllcabl• In tho UK and RBpublic ol Irgland (Th FRS 102 Ch4rlUe• SORPI. It Compan1•8 Act 2006 &nd Ch8rib88 Aei 2011. ThJ fln8rtty•l ii•iements prp•i¢d in $terfiry. wfiich Is th• lunctionol currency of Ihe chAritobl8 rA)mp4ny. The fin4ncial slilernenls hllvE been prqp•r•4 undor th• hluloricol cost c4)nv•nUon. Tho prI￿paI A￿o￿n￿n9 polldo9 adopiad 8ra 881 out below. The Iw6t¢O8 h•v• •9109sgd wh¢ih•r lh• usp of going conwm IB •pproprtqle and h4vg cDn$kred poisltsl• ventj or condilionj Ih•l mvahl c•sl SVanifi￿nI doubl on iho abilrty d It ch8dlab￿ company lo conlinw as going wncem. Th• trusie8$ h8¥e rn8de th18 8s5888monl lor 8 pedod of it lek81 on8 y&8r Irom th8 date ol Ihg appro¥41 of Ih68a fin8ncl8l 8iai8m&n15. In partI￿l￿r, Ihe con¥KJ0￿1 thg ¢h¥rii4bkn wmp•ny'¥ for0¢491$ •n¢ proJp¢ii•ns •nl h•ve tken 8ccounl of pre8sureB on Incorno. All•r making onquiil88. the trust•88 havv conclud•d th•1 Ihorels a ro8songble expect8lloD th81 th6 chaniabl8 company hag adeou81• ioaourc•8 to conllnu• In operat1￿81 a￿￿10nCe for the lor•ge•able future. Thè t￿$1+•$ h•V• •$o¥IMI tho Im￿￿1 ol th• wDrld¥%id¢ COVIO-19 p•ndemlc on lh8 ctt4dly ind congider ary pg¢1 or del¥y8 lo bo short iefm only. AB a r•BUI ihe IruBI•88 bollew Ih81 the Chartly%￿lI b8 lblo to coniiM8 and mo01116 li&biliUe6 88 Ih•ylJll due lor e pèrknd of &1 le881 I￿1v0 rronih$ from lh• d•1• 01 •ppr¢v•l ol th• Iln4nci81 SL9￿￿ont¥. Qn th1# b••l•, th• Iru￿•• con$ld•r Il•pproprtql• lor th• vxount• to be pr8p4md on tho g￿ThJ conc•m ba818. Tangibkn flxéd a9￿11 lire xt41ed li colll l•Bi depreclAIIDn. DBprgrJ8lion 1$ provldod on 811 t4nglble Ilxed A8ge13 41 f8i•J c¥kulaled lu off th• cotsi1•88 •limi￿d n•1 résldu•l v•lu# 01 ¢8¢h •ssei ov•r Ill •ff•¢t1￿ us•fLI Ill• 08 follo￿.. Flxlurns and 8gulpm•nl 25% par annum on reduclng balAnc• VolunlDry irK¢me i¥ r•wiv¢d byw•y ol donat￿)n3 and gilL8 and IB Induded in full In the Sl8lomenl of Financial AciivilS when feceiv8ble. The VAlue of yeNices provided byvolunle*rs hlls npl bogn I￿￿￿dId. Lvgacy donllioro 8re recoonised vknen the arrKiunl can bo rellablym888ur8d and recaipt IB rn880nab cert81n.

New Creatlons Notes to the accounts for the year ended 31 July 20211continu•d) Expenditure Is recoonixé on 8n aceruals basls. All co818 are alk)c•ied bel￿￿ IhB eynditure rategor￿4 ¢1 th& Stst•mMI of Fin•nrAal Acllviliu on b8siJ deoigreo io rellecl the use ol the regource. Costs re181ing to a ptsrtieJJlar llcbvity 8r• BIIDCllted dileclly, Olfvers are apportioned on an appropriale basls as tirne or esumaled ugage. C0818 relating 10 Iho 9oY8m8ncè of Ihe ¢hadi#blB conip&ny, compn¥ing1og414nd yore08￿1nIlfQeS and •ccounlancy lee#. are Included chadiable acaivilie8. Reslricied funds 4re to tre u98d for spaofic puFpos•s lald down by donor. Exp•ndllu¢• for Iheje purpoges Gh&rged lo fund, logelh•i 8 f•lr all￿8140￿ of ov•rheada And Support C0816. Unr881ncted fuThY8 afe donaik)no and ulher Incomln9 r•#owwJ r•¢•i￿d or genernled for ew0nditu￿ on tho 90n•r81 obj•Gbves of ihe Char￿Y. 8linalBd funds ar• unr•¥tnct•d fuTrJ8 hav• b•en 801 aslde for a partiwL8rluiuM pro￿￿ or commllmonl. All fix¢¢ wssel¥ are ￿PitalI1•d St co•1 gnd rncognlaed on an accmali bla￿. Irrecov•rBbKry VAT ID charg•d iqoin81 tho coi8goryof reaouKeg expandad forwhlth Ihay Mv• btron Incurr•d. Stocky 8ro It8￿￿ ol tha kmr of cog1 and nei r••ll••bl¢ v•lu•.11 ￿pr￿￿1¥ Ihp w•1• of1￿ tsppk Tnfeadts Ihiaugh R•wl•ibn'. The charilllbl• cornpBny has taken the Oxempllon aw•114bl• In p8rn9raph 7.18 of FRS102 and hAi not pr•p4r•d A c88tttlow Éttem•ni. C88h 8nd cwsh equlvalenls Co•h and equlv41enl¥ Indud• cejtt al bank• and In hand ind ahort iem) d8po8lt8 ilh A malurily dalè vf Ihfeé InDnlhs or ￿11. Debiof$ 8nd Gredllcrs Fecelv4b￿ or p4y4bb wlhin on• ￿Or of th• r•portinG date are carried al iheil Iran88clion pre. Debtors and credliofg th@1810 receivAblé or pHy4bla In more lttan Dne ￿ar und not subieGI lo • m•rk81 Ml• ol Inwroil aro moawrott ai tho pre8enl volu8 of Ihe •xp8eted lulum re￿iPlI or plym￿1 di￿U￿1t4 •1 rnlrkel rAl2 of InteTesl. Tht company 1$ Ilmiiod by gu•r•ni•• and doos rvJl hwv• 8 JJharo c8tyl•l, Every rwmbei ofiho wp•ny uDd8rtako8 lo to Ihe 8868to of tha company in thè evoni of iits beiny wvund up while h8 or she ij member. or ￿￿1h1n one yearBfier he or she c8858s 10 b• 8 m•mbef, fDr Ihv paymelll uf d?bls and liabilit￿3 conlfacitd before he or she cea¥d lo bv a rnembor, such 4rnounl a? rngy b• requirod. nol 8XC88dlng £10. In ihe Viewef Ihe T￿￿ee8 In appl￿￿￿ thg •c¢ounting ppllO¥ •¢Joplgd, Th) judgements were rgoulrfj¢J that hav8 gnlfic4nl eft8Ct on th8 amount3 recDgnised thv linllnci41 slalEmenls nor do any eslirn4ies or AsiumptsrK rnade ￿rry any8￿nif￿an1 of maiedal &d￿￿tMent on iha financiAI ￿ttr.

New Creations Notes lo the accounts for the year ended 31 July 2021 (contlnued) JIG•LE FLYED A Land & BulbJlng• Flxturm & E¢wlpm• To Ai ai 1ÉiAU9￿t202o 191,942 18,558 21D,4g8 210,498 fowrd * 31￿ JulyW21 191.942 .520 210 498 groughlforb¥wdat 1ts1 ￿20 Ch•pae loi the￿llr 18,434 317 18.393 41 317 CHrrlBd lamtd ￿ 31• JLlyX>21 18.751 A• It 31iiJuly 2021 191.942 193.711 192.Ce4 Ats ot 31Bt JU￿ 2020 191,942 122 192. 192.105 TM wor4tytrwdbylh•¢hthty Isb•lnB •dBdc•led li￿10 for lh• F•¥•orch. (Wn ond p￿¢￿￿*)￿¢1￿1F . Tha cobi of th• pwotyJi?l July 2021 •muntsd10 £191,942131 Juty2020.. £191.9421. 2,431 PrwYm￿￿ Othercrndkn• 3,274 TanBlt40 Curr4nt C￿r￿nt Ikgblll N•1 a$8818 103.711 101.374 3.523 291.562 193.711 108.257 3.5rJ 0.883

New Creations Notes to the accounts for tho year ended 31 July 2021 (Gontlnued) 192. ,87J ?e2.064 116.4g2 3.274 305.262 25.819 CurrBrt liaknliii NBt R••¢rt¢t•d Fund• 4,070 20.472 1,277 25.619 4070 Fwd•- ThI￿g￿CT+4tIQn. Rèstrthd Fwd8- DBO Glorla Ponali. Total ￿8￿rictEd Furth 8,197 5,orAI 127.5821 32.133 UnM•trfd•d Fun Gweiw Furth DeJSunakny Funda.'TrnD of Lllo'l fjpan ￿8￿n, DO5￿￿￿led Fundi.'Opan UnrutrW•d Fu 2n.$80 1.874 56.820 1,311 251 11,6231 279463 58829 291,562 Tot•1 F￿thdA Tol•l R•Jlrt•d Fund 14,258 25.619 Unmlilct•d Fund• GErnral Fun D•$lqrpthd Furf•- ol Uf•' DbÈl9naiÉd Fu￿jU-v￿Bn HeBven' Tot81 307,5 6,025 971 6,149 1.IXIO 136,oeei 18,0821 277.589 1,874 T•t•l Fwd• Thr￿[9 Through Rw•lth, Trr••d• ThrouohC1••t￿n.Tr￿ OIL11￿p•Tr H•B¥qn ThM• Ihf•e M￿Or wo￿¢1• mlè¢t8lty•iwth•ihrowh1￿ u$oolhupfDbrfr p4no1s all de￿9￿10 gndcTOgted by Chrfbu TextlleArtIBt Joc4ul Pwkknion. ￿n￿s￿oI3 IBrgo panel44nd 4 ra￿ed c811 of JoiuB on a ropè IBdd•r. Al 3 to bpdiVfv￿IyVd In bullolrw aac0t￿￿kn. Ihg luTh1• remalntOL¥vei thèrthi• ol or nvwdl¥pPay ryLrfwnenl'. 8LKh oa119hl8, cablln9. b4B. e￿4nd lh• •xNbhlon 1$ ttyJM9. $0, onoégy, 1180n￿•br￿d tywtall 3 whlbttloni Thrmththrough Crmllgn 8ThJ Thm•d•¢hr•￿h th•¢mM￿¢T￿rI•d• IhrouBh R•¥•￿I￿ry Mlll lour iogeihw- th1D￿lI 1arge1ur￿B. Trn•OIUh corAknue to In th• futurn. Iviqokng ￿ gchw¢h In LW••rf. Com1 over E••tor￿&z. D40 Gkrf• b4nn• rwuwi•knvarfou8 exhblltons. There0￿41¥0 comg InvoWd wtlry oth •xhlbMan8.

New Creations Notes to the accounts for the year end•d 31 July 2021 (continued) Thla 1$ aftw chirgiw,. Depfeuation of18nglbk 88sels Independ8ni8xamlnaWon r&munaraUc 317 3,7e4 41 10. IPIV 14COME B•nk Intoreèl re￿1¥4￿9 191 198 NDI 8,718 25,200 2,458 3,523 1.219 317 271 1.533 24,247 30,965 25.20D 2,458 11,409 1.219 317 271 1.533 18,024 25,200 1,982 4,794 2,095 41 175 l.Cfj8 3.007 ¢ngyii•n¢yl• ProptrtyeMpon8•8 Sarxeiwl•l •nd adrnln8tr¥lKJn Trav81 •nd •uty•i•tsnc• O•procwiion Sun¢Jry expenu Legal profeialonll fml Iin$ur•n¢•l Accountancy Npn• ol th• Trus1••5 w•r• mmurnralfjd dlmdly or Indlrocwy. Durhg iho par aYwn881 lor Idephone •xp¢n801 intl m￿lIN¢1 •ll•ndwn¢q lo14111rq £nll12020.. £241 ￿re p4KI 10 2 TfUBle8$12020.' 21. A• iho company alme tharIta￿a, no ts)rpor•lbn taxl14tsllly8rl1￿. Throu9hout the >ar cornpony h•8 baèn undortho conirol of its TnJ•t•¢s. 11

New Creations Notes to the accounts for the year endod 31 July 2021 (continued) 15. RELATED PARTY TRAN Durirl th• ￿r. tolirvJ £12012020.. £nll ￿re rwLw•d Irom Matsn Izz8￿ ITru81801 to WJFPJrt Thread$ Thwh Crgth. Dudry Ihe yaar, don81kns toiAling £17012020. EnllYre rnce1￿￿ Irr￿ Robert IGtrhBn ITrustg•1 to Threads ThroW Cioolon the FuTrJ. Durtn9 the yoar, ¢Jonalknn8 totalng £1,08012020. £nlll ￿re fmm Sarah phill1￿ ITrn%wi its WPFQrt th8 Unhay costs. D￿n9 y, donat¥Jns totdlw £1012￿.. Enlll w8r8 r8cdv8d from AryL9 Smhh ITNthel to ￿p￿)rt the Genernl Fund. 18. KEY MANAGEMENT PER8ONII There￿￿re no k8y man&Jement per8onnd outsbje ofthe Truste88 and Ilw Compgny Fin•n¢s Crfficsr n the ye8r. The ch8rlty h85 no 8mpk)yees. The Company Finance Offk4r also serveB 8eparat8 Charity, Sh¥e Jesus International (Charity Numbtr 10897841. aB thwr Finan￿ Offlcer. H& 8er¥e8 New Creal'on8 under an arrangern￿t betr￿n the t*t) ch￿tIeS. -12-