|||Pages|
|---|---|---|
|Trustees'
Annual
Report||2to 4|
|Independent
Examiner's|Report||
|Statement of Financial Activities|||
|Balance Sheet|||
|Notes to the Accounts||8to 13|
|Detailed Statement
of Financial Activities||14to 15|
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|Statement
o
forthe year|f Financial Activit
ended 31March|ies
2023|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||funds|funds|Total funds|Total funds|
||||2023|2023|2023|2022|
|||Notes|f|f|E|f|
|Income and|endowments||||||
|from;|||||||
|Donations|and legacies||58,377|240|58,617|47,126|
|Charitable|activities||0|2,007|2,007|475|
|Investments|||55|6|61||
|Other|||11,857||11,857|18,594|
|Total|||70,289|2,253|72,542|66,195|
|Expenditure|on:||||||
|Charitable|activities||10,686|2,012|12,698|1,922|
|Other|||54,049|144|54,193|53,644|
|Total|||64,735|2,156|66,891|55,566|
|Net gains on|investments||||||
|Net income|||5,554|97|5,651|10,629|
|Transfers between
funds|||||||
|Net Income
gains/(losses)|before other||5,554|97|5,651|10,629|
|Other gains and losses|||||||
|Net movement
In funds|||5,554|97|5,651|10,629|
|Reconciliation
offunds:|||||||
|Total funds brought forward|||436,387|4,652|441,039|430,410|
|Total funds carried forward|||441,941|4,749|446,690|441,039|
|New Life Church
- Ok
Balance Sheet
at 31March 2023|New Life Church
- Ok
Balance Sheet
at 31March 2023|New Life Church
- Ok
Balance Sheet
at 31March 2023|ehampton||||
|---|---|---|---|---|---|---|
|Charity No. 1050313|||||2023|2022|
||||||6|f|
|Fixed assets|||||||
|Tangible assets||||9|435,000|435,000|
||||||435,000|435,000|
|Current assets|||||||
|Debtors||||10||110|
|Cash at bank and||in hand|||38,699|36,284|
||||||38,699|36,394|
|Creditors: Amount|falling due within one year|||11|(3,599)|(2,933)|
|Net current assets|||||35,100|33,461|
|Total assets less current
liabilities|||||470,100|468,461|
|Creditors: Amounts||falling due after more than one year||12|(23,410)|(27,422)|
|Net assets excluding|||pension asset or liability||446,690|441,039|
|Total net assets|||||446,690|441,039|
|The funds ofthe charity|||||||
|Restricted funds||||13|||
|Restricted income|||funds||4,749|4,652|
||||||4,749|4,652|
|Unrestricted
funds||||13|||
|General funds|||||441,941|436,387|
||||||441,941|436,387|
|Reserves||||13|||
|Total funds|||||446,690|441,039|
##
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|last year and no chan|last year and no chan|last year and no chan|ges
have been made to accounts for previous years.||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Fund accounting|||||||||||
|Unrestricted||funds|These are available for use at the discretion ofthe trustees|||in furtherance|||of|the|
||||general objects ofthe charity.||||||||
|Designated||funds|These are unrestricted
funds earmarked
by the trustees|for particular|||purposes.||||
|Revaluation||funds|These are unrestricted
funds which include
a revaluation||reserve representing|||||the|
||||restatement
of investment
assets at their market values.||||||||
|Restricted|funds||These are available for use subject to restrictions
imposed|||by the donor||or|through||
||||terms ofan appeal.||||||||
|Income|||||||||||
|Recognition||of|Income is included
in the Statement of Financial Activities|||(SoFA) when|the||charity||
|income|||becomes entitled to, and virtually
certain to receive, the|income and the||||amount of|||
||||the income can be measured
with sufficient
reliability.||||||||
|Income with||related|Where income has related
expenditure
the income and|related expenditure||||||is|
|expenditure|||reported
gross in the SoFA.||||||||
|Donations|and||Voluntary
income received
by way ofgrants, donations|and gifts Is included|||||in the||
|legacies|||the SoFA when receivable
and only when the Charity has||unconditional||entitlement||||
||||to the income.||||||||
|Tax reclaims||on|Income from tax reclaims
is included
in the SoFA at the same time as the||||||||
|donations|and gifts||gift/donation
to which
It relates.||||||||
|Donated services|||These are only included
in income (with an equivalent
amount
in expenditure)||||||||
|and facilities|||where the benefit tothe Charity
is reasonably
quantifiable,|||measurable||and|||
||||material.||||||||
|Volunteer|help||The value ofany volunteer
help received
is not included|in||the accounts.|||||
|Investment||income|This is included
in the accounts when receivable.||||||||
|Gains/(losses)
on|||This includes
any gain or loss resulting
from revaluing
investments
to market|||||||value|
|revaluation||offixed|at the end ofthe year,||||||||
|assets|||||||||||
|Gains/(losses)
on|||This Includes any gain or loss on the sale of investments.||||||||
|investment||assets|||||||||
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|2|Income fr|o|m donations|and legacies|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||||2023|2022|
||Gift Aided||Donations||20,481||20,481|22,534|
||Offerings|&Other Donations|||20,059||20,299|20,149|
||HMRC Gift||Aid||9,275||9,275|4,443|
||Charitable||Grants||8,562||8,562||
||||||58,377|240|58,617|47,126|
|3|Income from charitable|||activities|||||
||||||Unrestricted|Restricted|Total|Total|
||||||||2023|2022|
||Community||and Ministry|Gifts||760|760||
||Street Level|||||1,247|1,247|73|
||Supergang|||||||402|
||||||0|2,007|2,007|475|
##
|4|Income from in|v|estme|n|ts||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Total|Total|
||||||||||2023|2022|
||Bank Interest Received||||||55||61||
||||||||55|6|61||
|5|Other income||||||||||
|||||||||Unrestricted|Total|Total|
||||||||||2023|2022|
||Rental Income|||||||10,803|10,803|11,060|
||HMRC Covid JRSGrant|||||||||7,534|
||Other Income|||||||1,054|1,054||
|||||||||11,857|11,857|18,594|
|6|Expenditure
on|charitable||||activities|||||
||||||||Unrestricted|Restricted|Total|Total|
||||||||||2023|2022|
||Expenditure
on charitable||||||||||
||activities||||||||||
||Community
and|Ministry||||Gifts|3,646||3,646|556|
||Street Level|||||||954|954|259|
||Supergang|||||||818|818|296|
||Missionary
support||||||1,410||1,650|811|
||Other Charitable||Activities||||5,630||5,630||
||Governance
costs||||||||||
||||||||10,686|2,012|12,698|1,922|
|7|Other expenditure||||||||||
||||||||Unrestricted|Restricted|Total|Total|
||||||||||2023|2022|
||Church
Building|Running|||Costs||8,074||8,074|9,109|
||Manse Running|Costs|||||6,676||6,676|2,320|
||Bank loan and overdraft||||||||||
||interest payable||||||1,869||1,869|2,096|
||Employee costs||||||35,190||35,190|34,659|
||Motor and travel||costs|||||||58|
||General administrative||||costs||1,856||2,000|3,818|
||Legal and professional|||costs|||384||384|1,584|
||||||||54,049|144|54,193|53,644|
|8|Staff costs|Staff costs||||||
|---|---|---|---|---|---|---|---|
||||||2023||2022|
||Salaries and||wages||35,190||34,659|
||||||35,190||34,659|
||No employee||received emoluments|in excess of660,000.||||
|9|Tangible|fixed assets||||||
|||||Land and|Church|||
|||||||Manse|Total|
|||||buildings|Contents|||
||Cost or revaluation|||||||
||At 1April|2022||200,000|20,000|215,000|435,000|
||At 31March||2023|200,000|20,000|215,000|435,000|
||Net book|values||||||
||At 31March||2023|200,000|20,000|215,000|435,000|
||At 31March||2022|200,000|20,000|215,000|435,000|
|10|Debtors|||||||
||||||2023||2022|
||||||6||f|
||Prepayments||and accrued income||||110|
||||||||110|
|11|Creditors:|||||||
||amounts|falling due within one year||||||
||||||2023||2022|
||||||f||6|
||Bank loans and overdrafts||||3,599||2,933|
||||||3,599||2,933|
|12|Creditors:|||||||
||amounts|falling due after more than||one||||
||year|||||||
||||||2023||2022|
||||||f||f|
||Bank loans and overdrafts||||23,410||27,422|
||||||23,410||27,422|
##
||||||||||Incoming|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||resources||At 31|
|||||||||||Resources||
|||||||||At 1April|(Including
other|expended|March
2023|
|||||||||2022|gains/losses)|||
||||||||||f|||
||Restricted funds:|||||||||||
||Restricted||income funds:|||||||||
||Street Level|||Fund||||3,409|764|(1,026)|3,147|
||Supergang||Fund|||||1,243|1,249|(890)|1,602|
||Tanzania|Fund|||||||240|(240)||
||Total|||||||4,652|2,253|(2,156)|4,749|
||Unrestricted||||funds:|||||||
||General funds|||||||436,387|70,289|(64,735)|441,941|
||Totalfunds|||||||441,039|72,542|(66,891)|446,690|
||Purposes|and|||restrictions|In relation to the funds:||||||
||Restricted|funds:||||||||||
||Street Level|||Fund||||||||
||Supergang||Fund|||||||||
||Tanzania|Fund||||||||||
|14|Analysis of|||net assets between|||funds|||||
||||||||||Unrestricted|Restricted||
||||||||||||Total|
||||||||||funds|funds||
||||||||||f|f|f|
||Fixed assets||||||||435,000||435,000|
||Net current|||assets|||||33,950|1,150|35,100|
||Creditors
provisions|due|||in more than one||year and||(23,410)||(23,410)|
||||||||||445,540|1,150|446,690|
|15|Reconciliation||||ofnet debt|||||||
||||||||||||At 31|
||||||||||At 1April||March|
||||||||||2022|Cash flows|2023|
||||||||||f||f|
||Cash and|cash|||equivalents||||36,284|2,415|38,699|
||||||||||36,284|2,415|38,699|
||Bank loans||||||||(30,355)|3,346|(27,009)|
||||||||||(30,355)|3,346|(27,009)|
||Net debt||||||||5,929|5,761|11,690|
##
##
|for the year ended|3|1Mar|ch 2023|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
|||||2023|2023|2023|2022|
|||||f|f|f|F.|
|Income and endowments|||from:|||||
|Donations
and legacies||||||||
|Gift Aided Donations||||20,481||20,481|22,534|
|Offerings &Other Donations||||20,059|240|20,299|20,149|
|HMRC Gift Aid||||9,275||9,275|4,443|
|Charitable
Grants||||8,562||8,562||
|||||58,377|240|58,617|47,126|
|Charitable
activities||||||||
|Community
and|Ministry||Gifts||760|760||
|Street Level|||||1,247|1,247|73|
|Supergang|||||||402|
|||||0|2,007|2,007|475|
|Investments||||||||
|Bank Interest Received||||55||61||
|||||55||61||
|Other||||||||
|Rental Income||||10,803||10,803|11,060|
|HMRC Covid JRS|Grant||||||7,534|
|Other Income||||1,054||1,054||
|||||11,857||11,857|18,594|
|Total income and|endowments|||70,289|2,253|72,542|66,195|
|Expenditure
on:||||||||
|Charitable
activities||||||||
|Community
and Ministry|||Gifts|3,646||3,646|556|
|Street Level|||||954|954|259|
|Supergang|||||818|818|296|
|Missionary
support||||1,410|240|1,650|811|
|Other Charitable|Activities|||5,630||5,630||
|||||10,686|2,012|12,698|1,922|
|Total ofexpenditure
activities||on charitable||10,686|2,012|12,698|1,922|
|Other expenditure||||||||
|Church
Building|Running||Costs|8,074||8,074|9,109|
|Manse Running|Costs|||6,676||6,676|2,320|
|Bank loan and overdraft|||interest|||||
|payable||||1,869||1,869|2,096|
|||||16,619||16,619|13,525|
|Employee costs||||||||
|SaI a ries/wages||||35,190||35,190|34,659|
|Detailed Statement of F|i|nancial Activities|||||
|---|---|---|---|---|---|---|
||||35,190||35,190|34,659|
|Travel and subsistence||||||58|
|||||||58|
|General administrative||costs,|||||
|including
depreciation|and||||||
|amortisation|||||||
|Depreciation
ofChurch||Contents|||||
|Depreciation
of Manse|||||||
|Bank charges|||76||220|289|
|Subscrlptlons|||1,780||1,780|3,529|
||||1,856||2,000|3,818|
|Legal and professional|costs||||||
|Accountancy
and bookkeeping||||||1,584|
|Other legal and professional|||384||384||
|costs|||||||
||||384||384|1,584|
|Total ofexpenditure
of|other costs||54,049|144|54,193|53,644|
|Total expenditure|||64,735|2,156|66,891|55,566|
|Net gains on investments|||||||
|Net income|||5,554|97|5,651|10,629|
|Net income before other|||||||
|gains/(losses)|||5,554|97|5,651|10,629|
|Other Gains|||||||
|Net movement
In funds|||5,554|97|5,651|10,629|
|Reconciliation offunds:|||||||
|Total funds brought forward|||436,387|4,652|441,039|430,410|
|Total funds carried forward|||441,941|4,749|446,690|441,039|