2022-08-31-accounts - New Life Church Coalville

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Trustees, Annual Report for the period Perioxj slart date Llay Period end dale From AUCIIJSI Section A Reference and administration details Charlty name NEW LIFE CHURCH COALVILLE Other names charlty Is known by NEW LIFE CHURCH COALVILLE NEW LIFE CHRISTIAN FELLOWSHIP- COALVILLE Registered charity number {if any) 1051891 Charlty's prlnclpal address NEW LIFE CHURCH MARGARET STREET COALVILLE, LEICESTEFISHIRE Postcode LE67 3LY Names of the charity trustees who manage the charity Dates acted rf not ts whole eor Trustèè nam• Offieè {sf any) Chair Name ol person lor body) entled oint trustee if an Tim Maycock James Fox Andrew Hogsden Paul Zseli Treasurer Names of the trustees for the charlty, If any, (for example, any custodian trustees) Name Dates acted if nol for whole AOG Propety Trust- holding trustees ear Names and addresses of advlsers (Opiional InformatSon} e of advlser Name Address ANK irgin Money Eastgates, Leicester LE1 5YA Section B Structure, overnance and mana ement Description of the charity's trusts Constitution with trust deed. Type of governing document How the charity is constiluted Trust Trustee selection methods Appointed Addltlonal governance Issues {Optlonal Informatlon) TAR March 2012

You may choose to include additional information, where relevanl, about: The charity is affiliated to Assemblies of God. The revised model constitution was adopted by special resolution in April 2006 The trustees meet every other month primarily to review and plan and manage the business. finances and governance of the charity. policies and procedures adopted for the induction and training of trustees., the charity's organisational slructure and any wider network with which the charity There is a separate Senior Leadership Team and a Ministry Leadership Team to plan. co-ordinate spiritual and pastoral aspects of church life. There is also a Hope67 Steering Group. Trustees are represented on all these forums. All these lorums report to the Trustees. The church building is available for the use of the local community. The building is used by a pre-school. The building is maintained within the fInanS available and donated to the church. relationship with any related parties., trustees, consideration of rnajor risks and the system and procedLtres to manage them. Section C Ob'ectives and activities Summary of the objects of the charlty sel out in its governing document To advance the Christian faith To relieve sickness and financial hardship To advance education In June 21 we ComMend extensive building work including a new warehouse for Foodbank, a new kitchen, accessibility work le.g. installation of a lift, aCsSible toilets, a rampl, the opening up of the downstairs lounge and installation of a new lire escape. From July to December 2021 the church met at a local community cenlre whilst other activilies remained online or at suitable venues in line with government guidan. From December 2021 we resumed services in the building, initially in the new café area and from February 2022 in the main auditorium upstairs which had been redecorated as part of the building development. Attendance at our Sunday services increased significantly in the year. Church membership increased to 48 in September 2022. The Foodbank. supported by Trussell Trust, working in partnership with other local churches operated from a local church until November 2021 when it re-commenced operating from the building. Inilially this was an outdoor service only due lo Covid restrictions, but from April 22 the new café opened. 2,550 people were fed with food parcels in the year ended 31 August 2022. In June 22 we were awarded £52,000 trom Trussell Trust to supporl Ihe work of Foodbank and Hope67 for a two-year period. This resulted in a change to the way in which Foodbank operates clients are offered a service, STEP, to understand their situalion and to refer them to agencies and other support services, with an overall aim to reduce their need for food parcels. o The Hope 67 debt advice service operated throughout Ihe year. We gave away a tree gift lo every household on the local streets at Christmas and Easter to help build local connections and offer support. In September 2022 a new initiative, branded Revwe. was launched to support parents and carers of children and people with special needs. In October 2022 a wami s Summary of the main actlvltles undertaken for the publlc benef it in relation to these objects (include within thls section the slatulory declaration that trustees have had regard to the guidance Issued by the Charlty Commission on public benefit) ace was oflered one mornin er week TAR March 2012

to people who didn't want to heat their homes and to provide a cofflmunity space. The lollowing acttvilies were undertaken either online or in person dependent on the restrictions in place at the tim8 of the event.. Taken part in local Churches Together events although these were limited due to Covid restrictions. Provision for children during Sunday services. This resumed on a face-lo-face basis in September 21 . All age family Servi provided. Fortnighlly bible study group. A Men's curry night was held together with some walks. Further Men's and Women's events have been held since 31 August 22. Weekly Sunday meetings providing worship, bible teaching and pastoral care. Fortnightly prayer and praise meetings. A Polish Fellowship meets online and recommenced monthly meelings in church in the year. Monthly meetings in peoples. homes at differenl times and on different days to encourage and support each other. Ladies graft group to bring ladies together through craft for the purpose of support and prayer. Hired out facilities to community groups including a nursery who use the faciltlies eve da durin school term times. Addlllonal delalls ol objectives and activities {Optional information) You may choose to include further statements. where relevant, about-. policy on grantmaking: policy programme related investment. Church members and friends actively supwrt the events undertaken by the church. This includes maintenance of the church property to attract use by the local community. The Foodbank has approximately 30 volunteers from New Life Church, other local churches and those not affiliated to a church. Hope67 has 6 volunteers in total from New Life Church and other churches. contribution made by volunteers. Section D Achievements and performance Summary of the maln achievemenls of the charity durlng the year Maintained family-locused church group, welcoming visitors and new members. Ongoing influence in the local community through activities and prayer as detailed above. Continuing support for other local churches facilitates co-operalive working for the benefit of the local community. The church completed a building and renovation project in February 2022. The building was re-opened in December 2021 with an official opening weekend in February 2022. 2.550 people were fed in the year ended 31st August 2022. This represented a 5% decline on 20121 though we anticipate becoming busier in 22123. The Hope67 debt advice services affiliated to Money Matters Leicester and Comfflunity Money Advice continued to operate. 2 new volunteer debt advisors joined in the year bringing ihe lotal lo 4 volunteers and 2 support volunteers. In the year, 17 people were helped with money problems. Their total debt was almost £100.000 bringing ihe debt managed since opening in January 21 to over £200,000. Clienl's income was increased b £91 er month. TAR Maid) 2012

Section E Financial review The policy is to set aside reserves equivalent to 3 months expenditure on the general fund. Brief statement of the charity's policy on reserves Detalls of any funds materlally In deflclt None. Section G Declaration The trustees declare that they have approved the trustees. roport abovo. Signed on behall of Ihe charity's trustses Slgnature(s) Full name(s) Timoihy James Maycock Posltlon (eg Secretary. Chalr. etc) Chairman Date 16" June 2023 TAR March 2012

New Life Church Coalville Charity No (if any) 1051891 Annual accounts for the period Period start date To 01/09/2021 Period end date 31/08/2022

Section A Statement of financial activities

Recommended categories by activity Incoming resources (Note 3) Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Separate material item of income Other Resources expended (Note 6) Expenditure on: Raising funds Charitable activities Separate material item of expense Other Net gains/(losses) on investments Extraordinary items Other gains/(losses) *Reconciliation of funds:* *Total* *Net movement in funds* Total funds brought forward *Total funds carried forward* *Total* Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 44,654 130,848 - 175,502 265,266 18,580 2,945 - 21,525 24,751 - - - - - 51 - 51 8 - - - - - - - - - -
	63,285 133,793 - 197,078 290,025
	- - - - - 76,399 65,224 - 141,623 154,159 - - - - - - - - - -
	76,399 65,224 - 141,623 154,159

	13,114 - 68,570 - 55,455 135,866
	- - - - -
	13,114 - 68,570 - 55,455 135,866
	- - - - - 16,136 16,136 - - - - - - - - - - - - - -
	3,022 52,434 - 55,455 135,866
	74,754 164,693 - 239,448 103,582
	77,776 217,127 - 294,903 239,448

Section B Balance sheet

Unrestricted funds £ F01 - 162,499 - -	Restricted income funds £ F02 - 140,687 -	Endowment funds Total this year £ £ F03 F04 - - - 303,186 - - - -	Total last year £ F05
			- 23,759 - -
162,499	140,687	- 303,186	23,759
- 3,765 - 34,838	22,522 1,548 49,114 3,256	- 22,522 - 5,313 - 49,114 - 38,094
			26,613 8,628 86,063 98,025
38,603	76,440	- 115,043	219,329
			3,640
4,931		- 4,931

33,672	76,440	- 110,112	215,689

196,171	217,127	- 413,298	239,448
			- -
118,395 -	-	- 118,395 - -

77,776	217,127	- 294,903	239,448
- 77,776	217,127	- 217,127 - 77,776 -
			- 164,693 74,754
77,776	217,127	- 294,903	239,448
Tim Maycock Andrew Hogsden		Print Name Tim Maycock Andrew Hogsden	Date of approval dd/mm/yyyy 02/06/23 02/06/23

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with  preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of • and with  Ireland (FRS 102)

and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*



1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern;

Disclosure of any uncertainties that make the going concern assumption doubtful;

Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

Not applicable Not applicable Not applicable

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.

Yes  No

Please disclose:

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The accounts have been prepared in compliance
with FRS102 because on a receipts and payments
(i) the nature of the change in accounting policy;
basis both income and expenditure exceeded
£250,000 for the year ended 31st August 2022.
(ii) the reasons why applying the new accounting policy The new method pf preparing the accounts was
provides more reliable and more relevant information; adopted to comply with the Standard of
and Recommended Practice for Charities
(iii) the amount of the adjustment for each line affected If the accounts were prepared on a receipts and
in the current period, each prior period presented and payments basis the deficit for the year ended 31st
the aggregate amount of the adjustment relating to August 2022 would have been £95,088. A detailed
periods before those presented, 3.44 FRS 102 SORP. reconciliation to the surplus when accounts are
prepared in compliance with FRS102 is shown in
Note 2.1
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1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

Yes  * -Tick as appropriate No

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes No		* -Tick as appropriate

Section C Notes to the accounts (cont)

Note 2 Accounting policies

Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable.

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE

Please provide a description of the nature of each change in accounting policy

The income and expenditure for the charity exceeded £250,000 on a receipts and payments basis and therefore the charity has adopted FRS102 accounting for the year ended 31st August 2022. The prior year figures have been restated.

Reconcilation of funds per previous GAAP to funds determined under FRS 102

Fund balances as previously stated on receipts and payments basis at 31/8/21
Deficit for year ended 31 August 2022 on receipts and payments basis
Adjustments:
Gift Aid due not paid
Food donated in kind
Food provided to Foodbank clients
Rent due not paid
Charitable activities accrual
Depreciation
Food accounted for as stock
Building costs shown as tangible asset
Loan advance (mortgage)
Fund balance as restated

Reserves at
31/8/21
Reserves at end of
31/8/22
£
£
184,088
184,088
(95,880)
5,137
2,529
45,252
80,074
(47,792)
(86,705)
3,491
1,784
4,413
2,293
1,327
4,589
26,613
22,523
16,919
299,608
(120,000)
239,448
294,903

Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102

Adjustments:
Reverse opening Gift Aid accrual
Closing Gift Aid accrual
Reverse opening rent accrual
Closing Rent accrual
Food donated to Foodbank
Loan from Kingdom Bank (mortgaged)
Reverse Opening Charitable activities accruals
Closing Charitable activities accruals
Foodbank value of food distributed
Tangible Assets at Costs
Deptreciation oftangible assets
Reverse Opening Governance cost accrual
Closing Governance cost accrual (accounted for in Charitable activities)
Net income/(expenditure) as previously stated on receipts and payments basis
Previous period net income/(expenditure) as restated

Year ended 31/8/22
Year ended 31/8/21
£
£
(95,880)
112,245
(5,137)
(1,085)
2,530
5,137
(3,491)
(3,770)
1,784
3,491
34,822
45,252
(120,000)
0
3,390
2,624
(6,314)
(3,390)
(35,651)
(47,792)
282,689
24,471
(3,262)
(1,327)
250
260
(275)
(250)
55,455
135,866

Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.2 INCOME

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This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a
different or additional policy has been adopted then this is detailed in the box below.
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
 the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and Yes No N/a
 the monetary value can be measured with sufficient reliability. 
Yes No N/a
There has been no offsetting of assets and liabilities, or income and expenses, unless required
Offsetting or permitted by the FRS 102 SORP or FRS 102. 
Yes No N/a
Grants and donations are only included in the SoFA when the general income
Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP). 
Yes No N/a
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP). 
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has Yes No N/a
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the 
charity or have been met.
Yes No N/a
Government grants The charity has received government grants in the reporting period

Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift Yes No N/a
donations and gifts and is treated as an addition to the same fund as the initial donation unless the donor or

the terms of the appeal have specified otherwise.
Yes No N/a
Contractual income and This is only included in the SoFA once the charity has provided the related goods or
performance related services or met the performance related conditions. 
grants
Yes No N/a
Donated goods are measured at fair value (the amount for which the asset could be
Donated goods
exchanged) unless impractical to do so. 
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
Yes No N/a
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised 
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
Yes No N/a
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading 
activities'.
Yes No N/a
Goods donated for on-going use by the charity are recognised as tangible fixed assets

and included in the SoFA as incoming resources when receivable.
Yes No N/a
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable. 
Yes No N/a
Donated services and Donated services and facilities are included in the SOFA when received at the value of
facilities the gift to the charity provided the value of the gift can be measured reliably. 
Yes No N/a
Income from interest, This is included in the accounts when receipt is probable and the amount receivable can
royalties and dividends be measured reliably. 
Yes No N/a
Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations
subscriptions and Legacies. 
Insurance claims are only included in the SoFA when the general income recognition Yes No N/a
Settlement of insurance
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2.4 ASSETS Intangible fixed assets The depreciation rates and methods used are disclosed in note 9.2. Depreciation is charged on the original costs of the asset on a straight line basis on the following basis Freehold land and buildings is depreciated at 4% per year. Fixtures and fittings are depreciated at 10% per year. Computer equipment are depreciated at 33.33% per year. Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 2.3 EXPENDITURE AND LIABILITIES Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Investment gains and losses The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Tangible fixed assets for use by charity The charity has creditors which are measured at settlement amounts less any trade discounts Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial instruments Settlement of insurance claims criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. They are valued at cost. These are capitalised if they can be used for more than one year, and cost at least Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. Creditors		 Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a 

Section C Notes to the accounts (cont)

Note 3 Analysis of income

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Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 37,142 34,121 - 71,263 163,936
and legacies: Gift Aid 7,512 7,520 - 15,032 11,691
Legacies - - - - -
General grants provided by government/other
charities - 54,385 - 54,385 44,387
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services - 34,822 - 34,822 45,252
Other - - - -
Total 44,654 130,848 - 175,502 265,266
Charitable House rent
activities: 10,325 - - 10,325 11,722
Church Buiilding Rent 7,224 - - 7,224 6,840
- - - - -
Other 1,031 2,945 - 3,976 6,189
Total 18,580 2,945 - 21,525 24,751
Income from Interest income 51 - - 51 8
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total 51 - - 51 8
Total - - - - -
TOTAL INCOME 63,285 133,793 - 197,078 290,025
Other information:
Income in the prior year was unrestricted except for: (please
provide description and amounts) Foodbank 80,899
Hope67 21,500
Building Development 54,972
Foodbank warehouse 54,388
New Wine 5,427
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Section C Notes to the accounts (cont)

Note 4 Analysis of receipts of government grants

Leicestershire County Council Leicestershire County Council Government grant 3 Other Leicestershire County Council Leicestershire County Council Leicestershire County Council Other	Total Total Description Foodbank - food Food poverty hubs - training and development Foodbank - running costs and development costs Foodbank - food Building - development of community space For debt advice start up costs Description	This year £ 2,000 8,113 - -
		10,113
		Last year £ 13,887 3,000 7,500 -
		24,387

Note 5 Donated goods, facilities and services

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This year Last year
£ £
Donated food for Foodbank 34,822 45,252
34,822 45,252
This year Last year
The value of food provided is based on the The value of food provided is based on the weight
Please provide details of the
weight of food provided. A value per kilogramn of of food provided. A value per kilogramn of food
accounting policy for the recognition
food donated is applied to derive an economic donated is applied to derive an economic value of
and valuation of donated goods, value of food donated. food donated.
facilities and services.
The foodbank relies on volunteers. There were 2 The foodbank relies on volunteers. There were 2
Please give details of other forms of
foodbank session per week in the year ended foodbank session per week in the year ended
other donated goods and services not
31st August 2022, with an average of 15 hours 31st August 2021, with an average of 13 hours
recognised in the accounts, eg donated at each session which amounts to donated at each session which amounts to
contribution of unpaid volunteers. approximately 1,560 hours in the year. approximately 1,350 hours in the year.
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Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Analysis Spiritual activities and care Provision of food parcels for the needy Provision of debt advice to individuals New Wine festival Resdevelopment of church building Expenditure on charitable activities: TOTAL EXPENDITURE Total expenditure on charitable activities	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds 76,399 72 - 76,471 66,298 184 - 66,482 43,762 - 43,762 - 50,703 - 50,703 18,445 18,445 12,173 12,173 2,945 2,945 5,427 5,427 - - - - - 19,374 - 19,374 This year Last year
	76,399 65,224 - 141,623 66,298 87,861 - 154,159
	76,399 65,224 - 141,623 66,298 87,861 - 154,159

Section C Notes to the accounts

Note 9 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

This year

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Support cost Raising funds General Fund Activity 2 Activity 3 Grand total Basis of allocation
(examples) £ £ £ £ £ (Describe method)
All Governance costs have
Governance - 6,453 - - 6,453 been allocated to the general
fund
- 6,453 - - 6,453
Total
Last year
Support cost Raising funds Activity 1 Activity 2 Activity 3 Grand total Basis of allocation
(examples) £ £ £ £ £ (Describe method)
All Governance costs have
Governance - 6,428 - - 6,428 been allocated to the general
fund
- 6,428 - - 6,428
Total
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Section C Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than audit or independent examination - costs in relation to an accountants report which was required for the mortgage application Tax advisory fees	This year Last year £ £ 250 250 60 - - - - -

Section C Notes to the accounts (cont)

Note 11 Paid employees

Please complete this note if the charity has any employees.

11.1 Staff Costs

Salaries and wages Social security costs Other employee benefits Total staff costs Pension costs (defined contribution scheme) Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28.	This year Last year £ £ 42,782 39,046 3,191 2,364 1,205 955 - -
	47,178 42,365
	This year Last year £ £ 26,356 23,327

11.2 Average head count in the year

The parts of the charity in which the employees work

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This year Last year
Number Number
Fundraising - -
Charitable Activities 2 1
Governance - -
Other - -
Total 2 1
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Section C Notes to the accounts (cont)

Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.

12.1 Please complete this note if a defined contribution pension scheme is operated.

Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds. Amount of contributions recognised in the SOFA as an expense	This year £ 1,205 Pension contributions are allocated between funds according to the amount of time employees spend on activities pertaining to the relevant fund.	Last year £ 955 Pension contributions are allocated between funds according to the amount of time employees spend on activities pertaining to the relevant fund.

12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.

Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.

Not applicable. The charity does not participate in a defined benefit scheme.

Section C Notes to the accounts (cont)

Note 13 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

This year:

13.1 Analysis of grants paid (included in cost of charitable activities)

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Grants to
Analysis institutions Grants to individuals Support costs Total
£ £
Assembies of God 360 0 0 360
Creative Solutions 1,550 0 0 1,550
Heartland Youth for Christ 1,910 0 0 1,910
Encourage International 950 950
New Wine Nation Changers 300 300
Churches Together Coalville 350 350
British Youth for Christ 1,000 0 0 1,000
Total 6,420 - - 6,420
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Please enter “Nil” if the charity does not identify and/or allocate support costs.

13.2 Grants made to institutions

*Yes* No Assemblies of God Creative Solutions Heartland Youth for Christ Encourage International New Wine Nation Changers Churches Together Coalville Youth for Christ *TOTAL GRANTS PAID* Gikondu Health Centre To bring good news to young people in and around Coalville Names of institution *My charity has made grants to particular institutions that are material in the* *context of its grantmaking. Details of the institution supported, purpose of* *the grant and total paid to each institution is available on the charity's web* *site.* Purpose AoG World Mission fund To show Jesus in a relevant way to every young person in Britain To equip Slavic men and women to bring the good news of Jesus to their mation *Other unanalysed grants* *Total grants to institutions in reporting period* To bring the nation back to Jesus through local churches To bring Christians together in Coalville	*Yes*	*Please provide* *details of charity's* *URL.* *Provide details* *below* Total amount of grants paid £ 360 1,550 1,910 950 300 350 1,000
	No
		6,420
		- 6,420

Last year:

13.3 Analysis of grants paid (included in cost of charitable activities)

----- Start of picture text -----
Grants to
Analysis institutions Grants to individuals Support costs Total
£ £
AoG 360 0 0 360
Creative Solutions 1,200 0 0 1,200
Heartland Youth for Christ 1,560 0 0 1,560
Encourage International 600 0 0 600
New Wine Nation Changers 300 0 0 300
Youth for Christ 1,200 0 0 1,200
- - -
Total 5,220 - - 5,220
Please enter “Nil” if the charity does not identify and/or allocate support costs.
13.4 Grants made to institutions
Please provide
details of charity's
My charity has made grants to particular institutions that are material in the URL.
Yes
context of its grantmaking. Details of the institution supported, purpose of
the grant and total paid to each institution is available on the charity's web
site.
Provide details
No
below
----- End of picture text -----

Assemblies of God Creative Solutions Heartland Youth for Christ Encourage International New Wine Nation Changers Youth for Christ *TOTAL GRANTS PAID* Names of institution *Total grants to institutions in reporting period* *Other unanalysed grants*	Purpose AoG World Mission fund Gikondu Health Centre To bring good news to young people in and around Coalville To equip Slavic men and women to bring the good news of Jesus to their mation To bring the nation back to Jesus through local churches To show Jesus in a relevant way to every young person in Britain	Total amount of grants paid £ 360 1,200 1,560 600 300 1,200
		5,220
		- 5,220

Section C Notes to the accounts (cont)

Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 14.1 Cost or valuation

At the beginning of the year Additions Revaluations Disposals Transfers At end of the year *Basis Rate** At beginning of the year Disposals Depreciation Impairment Transfers At end of the year Net book value at the beginning of the year Net book value at the end of the year 14.3 Net book value 14.2 Depreciation and impairments*	Freehold land & buildings Fixtures, fittings and equipment Total £ £ £ 16,919 8,235 25,154 282,689 - 282,689 - - - - - - - - -
	299,608 8,235 307,843
	SL or RB (Straight Line or Reducing Balance) SL SL - 1,395 1,395 - - - 677 2,586 3,262 - - - - - -
	677 3,981 4,658

	16,919 6,840 23,759 298,931 4,254 303,186

14.4 Impairment

This year: Please provide a description of the events and circumstances that led to the recognition or reversal of an Not applicable. impairment loss. Last year: Please provide a description of the events and circumstances that led to the recognition or reversal of an Not applicable. impairment loss.

14.5 Revaluation

----- Start of picture text -----
If an accounting policy of revaluation is adopted, please provide: This year Last year
the effective date of the revaluation Not applicable. Not applicable.
the name of independent valuer, if applicable
the methods applied and significant assumptions
the carrying amount that would have been recognised had the - -
assets been carried under the cost model.
14.6 Other disclosures
This year Last year
£ £
(i) Please state the amount of borrowing costs, if any, None None
capitalised in the construction of tangible fixed assets and the
capitalisation rate used
(ii) Please provide the amount of contractual commitments for Nil 255,775
the acquisition of tangible fixed assets.
(iii) Details of the existence and carrying amounts of property, New Life Church
plant and equipment to which the charity has restricted title or Coalville is subject
that are pledged as security for liabilities. to a first legal
mortgage.
----- End of picture text -----

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

Section C Notes to the accounts (cont) Note 17 Investment assets Please complete this note if the charity has any investment assets.

17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.

Social investments Other investments Analysis of current asset investments Cash or cash equivalents Listed investments Investment properties Total	£ £ - - - - - - Last year 86,063 49,114 - This year -
	86,063 49,114

Section C Notes to the accounts (cont)

Note 18 Stocks

Please complete this note if the charity holds any stock items

18.1 Please state the carrying amount of stock and work in progress analysed between activities.

activities.
Charitable activities: *Opening* *Added in period* *Expensed in period* *Impaired* *Closing* Total this year *Total previous year*	For distribution For resale For distribution For resale £ £ £ £ £ - - 26,613 - - - - 34,822 - - - - - 38,913 - - - - - - - - - 22,522 - - Work in progress Stock Donated goods
	- -22,522- -
	- -26,613- -

Section C Notes to the accounts (cont)

*Please complete this note if the charity has any* *debtors or prepayments.* 19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors Total Note 19 Debtors and prepayments	This year Last year £ £ - - 4,313 8,628 1,000 0
	5,313 8,628

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Accruals for grants payable Bank Mortgage Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors Total	This year Last year This year Last year £ £ £ £ - - - - 1,631 - 118,395 - - - - - - - - - 3,300 - - - - - - - - - - - Amounts falling due within one year Amounts falling due after more than one year
	4,931 - 118,395 -

Section C Notes to the accounts	(cont)
Note 24 Cash at bank and in hand Other Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date) Short term deposits	This year Last year £ £ 49,114 86,063 - - 38,094 98,025 - -
	87,208 184,088

Section C Notes to the accounts (cont)

Note 25 Fair value of assets and liabilities

25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.

This year

Credit Risk: the charity engages in few credit transactions. The main risk is presented from tenants falling into arrears from letting the house adjacent to the church Liquidity Risk: surplus funds are held in notice accounts. Liquidity risk is therefore low. Market Risk: the charity does not invest in financial instruments nor investments with a higher risk rating such as stocks, shares and bonds.

Last year

The charity does not invest in financial instruments.

25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

----- Start of picture text -----
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
General U Spiritual activities and care 74,754 63,285 (76,399) 16,136 0 77,776
Foodbank R Provision of food parcels to needy 59,709 50,172 (43,762) (24,671) 0 41,448
Hope67 (Debt Advice) R Provision of debt advice to individuals 9,327 9,695 (18,445) 8,535 0 9,112
Building R Re-development of church building 40,598 43,634 0 0 84,232
Foodbank Warehose R Build of food storage facility 54,338 1,075 0 0 55,413
Pastoral R Provision of pastoral support 414 0 0 0 0 414
Womens R Provision of ministry to women 120 0 (72) 0 0 48
Mens R Provision of ministry to men 188 0 0 0 0 188
New Wine R For those attending the New Wine festival 0 2,945 (2,945) 0 0 0
Provision of debt advice to foodbank clients and a
Trussell Trust R triage service, signposting and referral service 0 26,272 0 0 0 26,272
0 0 0 0 0 0
Other funds N/a N/a 0 0 0 0 0 0
Total Funds 239,448 197,078 (141,623) 0 0 294,903
----- End of picture text -----*

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.2 Details of material funds held and movements during the PREVIOUS reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

----- Start of picture text -----
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought Gains and carried
R or UR
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
General U Spiritual activities and care 51,541 72,889 (66,298) 16,622 0 74,754
Foodbank R Provision of food parcels to needy 46,134 80,899 (50,703) (16,622) 0 59,709
Hope67 (Debt Advice) R Provision of debt advice to individuals 0 21,500 (12,173) 0 0 9,327
Building R Re-development of church building 5,000 54,972 (19,374) 0 0 40,598
Foodbank Warehose R Buiuld of food storage facility 0 54,338 0 0 0 54,338
Pastoral R Provision of pastoral support 414 0 0 0 0 414
Womens R Provision of ministry to women 120 0 0 0 0 120
Mens R Provision of ministry to men 259 0 (71) 0 0 188
New Wine R For those attending the New Wine festival 0 5,427 (5,427) 0 0 0
Provision of ministry to children and young
Youth R people 113 0 (113) 0 0 0
Other funds N/a N/a 0 0 0 0 0 0
Total Funds 103,581 290,025 (154,159) 0 0 239,448
----- End of picture text -----*

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.3 Transfers between funds

This year

This year
	Reason for transfer and where endowment is converted to income,		Amount
		legal power for its conversion
Between unrestricted and	Transfer from Foodbank to General for rental of space and allocation of		16,136
restricted funds	staff time.
Between endowment and
restricted funds
Between endowment and
unrestricted funds

Last year
	Reason for transfer and where endowment is converted to income,		Amount
		legal power for its conversion
Between unrestricted and	Transfer from Foodbank to General for rental of space and allocation of		16,622
restricted funds	staff time.
Between endowment and
restricted funds
Between endowment and
unrestricted funds

CC17a (Excel)

26/05/2023

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Constitution and Trust Deed Adopted 2/4/06, amended 2/9/13 Timothy Maycock Name of trustee Legal authority (eg order, governing document)	Remuneration Pension contribution Redundancy (including loss of office)/ex gratia Other TOTAL £ £ £ £ £ 25,588 768 - 26,356 - - - - - - - - - - - - - - - Amounts paid or benefit value

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

Tim Maycock is the Senior Pastor of the Church and Chair of Trustees. He was employed by the Charity for 30 hours per week during the year.

Not applicable

Last year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

Constitution and Trust Deed Adopted 2/4/06, amended 2/9/13 Timothy Maycock Legal authority (eg order, governing document) Name of trustee	Remuneration Pension contribution Redundancy (including loss of office)/ex gratia Other TOTAL £ £ £ £ 22,648 679 - - 23,327 Amounts paid or benefit value

----- Start of picture text -----
-
- - - -
-
- - - -
-
- - - -
Please give details of why remuneration or other Tim Maycock is the Senior Pastor of the Church and Chair of Trustees. He was
employed by the Charity for an average of 27 hours per week during the year.
employment benefits were paid.
Where an ex gratia payment has been made to a trustee,
provide an explanation of the nature of the payment.
----- End of picture text -----

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False)

Type of expenses reimbursed Subsistence Travel TOTAL Accommodation Other (please specify):	664 - Last year - - - - - £ This year - £ - -
	- 664

Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

This year

There have been no related party transactions in the reporting period (True or False)

TRUE

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees of New Life Church Coalville Accounts for the year ended 31" Au8USt 2022 Charity no 1051891 I report to the trustees on my examination of the accounts of the above charity I'the Trust") for the year ended 31" August 2022. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Att 2011 I'the Act"). I report in respect of my examination of New Life Church Coalville's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect- the accounting records were not kept in accordance with settion 130 of the Charities Act,- or the accounts did not accord with the accounting records- or I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. Signed: Date: 26, May 2023 Name: Mr5 Claire Carlin Professional body: ACCA Address: Key Accountants Imidlandsl Ltd Office 5, The Forest Rock Offices, Whitwick, Leicestershire, LE67 5GQ