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 Ro*l, 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 P*rkinAon 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 Indivklu*l8 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 InlorfflBl*n'. 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 a*0 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 Izz*f
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 oft0mpany1*14Ia￿ far rrftyarfng the
Trust905' R9POrt and th8 r5Da￿AdI stgt8Wt8 in 8ccrxd8nco applkat48 I￿8nd Unlied Klngdom ACCOUn￿ng St8ndard&
Iunbled KJno*Jm G8notylly A¢¢¢N•d A¢¢ounling pre￿1￿.)
ethi￿rty requi￿ Tru¥loe¥ to prep￿rInanCi* slalemenls fLY eAch flnanclal yearth*lch 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 un*881118 In8Fw￿sM to
m¢ th*1 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
Unw*1￿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? Comp*nie$ 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 pr*p•i¢d in $terfiry. wfiich Is th• lunctionol currency of Ihe chAritobl8 rA)mp4ny.
The fin4ncial slilernenls hllvE been prqp•r•4 undor th• hluloricol cost c4)nv•nUon. Tho prI￿paI A￿o￿n￿n9
polldo9 adopiad 8ra 881 out below.
The Iw6t¢O8 h•v• •9109sgd wh¢ih•r lh• usp of going conwm IB •pproprtqle and h4vg cDn$k*red 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 t*ken 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 Aciivil*S 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 Ét*tem•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
pr*e. 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 ppl*lO¥ •¢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 wor4tytrw*dbylh•¢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.$80
1.874
56.820
1,311
251
11,6231
279463
58829
291,562
Tot•1 F￿thdA
Tol•l R•Jlr*t•d Fund
14,258
25.619
Unmlilct•d Fund•
GErnral Fun
D•$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. Com**1 over E••tor￿&z.
D40 Gk*rf• 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. to*lirvJ £12012020.. £nll ￿re rwLw•d Irom Matsn Izz8￿ ITru81801 to WJFPJrt
Thread$ Thwh Crgth.
Dudry Ihe yaar, don81kns toiAling £17012020. Enll*Yre 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-