| Page | |||
|---|---|---|---|
| Trustees' annual report |
|||
| Independent examiner's report |
to the trustees | ||
| Statement offinancial activities |
|||
| Statement offinancial position |
|||
| Notes to the financial statements | |||
| The following pages do not form part of | the financial statements | ||
| Detailed statement offinancial |
activities | 18 | |
| Notes to the detailed statement | offinancial | activities | 20 |
| Reference | and administrative | and administrative | details | ||||
|---|---|---|---|---|---|---|---|
| Registered | charity | name | New Life Christian | Centre | |||
| Charity registration | number | 1052137 | |||||
| Principal office | 24 Deere Street | ||||||
| Morpeth | |||||||
| Northumberland | |||||||
| NE61 1HW | |||||||
| The trustees | |||||||
| N Hedley | (Resigned | 1 October 2021) | |||||
| M Willis | |||||||
| SClemente | |||||||
| I Foskett | (Appointed | 1 October 2021) | |||||
| Independent | examiner | Michael W | Reed | ||||
| Russell House | |||||||
| Greenwell | Road | ||||||
| Alnwick | |||||||
| Northumberland | |||||||
| NE66 1HB |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | 6 | ||||||
| Income and endowments | |||||||
| Donations and legacies |
4 | 107,585 | 107,585 | 91,549 | |||
| Investment income |
5 | 5,462 | 5,462 | 6,151 | |||
| Total income | 113,047 | 113,047 | 97,700 | ||||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 6 | 120,717 | 120,718 | 90,461 | ||
| Total expenditure | 120,717 | 120,718 | 90,461 | ||||
| Net (expenditure)/Income | and net | ||||||
| movement in funds |
(7,670) | (7,671) | 7,239 | ||||
| Reconciliation offunds |
|||||||
| Total funds brought | forward | 653,953 | 7 | 653,960 | 485,895 | ||
| Total funds carried | forward | 646,283 | 7 | 646,290 | 493,134 |
| 12 | 678,401 | 868.378 | ||
|---|---|---|---|---|
| Cunent assets | ||||
| Detaors | 13 | 16079 | 12,T03 | |
| C4rsh m bank and in | hand | 29.797 | 35.562 | |
| 45.678 | 51235 | |||
| Credhors: amounts ieet cunent assets |
falling doe within one Tear | 14 | 35.514 | 10.021 41~ |
| Total assets kms cunent fabianas | 7133tTS | 729.040 | ||
| Credaors: mnounts | falling dua aher more than one yasr | 87,8M | 75.880 | |
| ffet assets | 846259 | 053,980 | ||
| 7 | 7 | |||
| 048263 | 053,953 | |||
| Terai Charny hrnds | ~7 | 040290 | 053.980 |
| value, over the useful econo | mic life ofthat asset as fo |
llows |
|---|---|---|
| Freehold property | 2%straight line |
|
| Plant and machinery | 15years straight | line |
| Fixtures and fittings | 20% reducing balance |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||
| 6 | F. | 6 | 8 | ||
| Donations | |||||
| Donations | 102,349 | 102,349 | 80,286 | 80,286 | |
| Fees received | 144 | 144 | 1,200 | 1,200 | |
| Church group | income | 2,450 | 2,450 | ||
| Contractural | income | 250 | 250 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |||
| E | E | E | ||||
| Grants | ||||||
| Job rention | scheme | 2,392 | 2,392 | 10,063 | 10,063 | |
| 107,585 | 107,585 | 91,549 | 91,549 | |||
| 5. | Investment | income |
| Investm | ent income |
||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| F | E | F | E | ||
| Room | hire and rental income | 5,460 | 5,460 | 2,964 | 2,964 |
| Income | from cash investments | 2 | 2 | 3187 | 3187 |
| 5,462 | 5,462 | 6,151 | 6,151 |
| Expendit | ure on charitable |
activities by fund type | |||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| F | E | ||||
| Activities | 44,355 | 44,355 | 30,125 | 30,125 | |
| Support | costs | 76,362 | 76,363 | 60,336 | 60,336 |
| 120,717 | 120,718 | 90,461 | 90,461 |
| 7. | Analysis ofsupport costs | Analysis ofsupport costs | |||
|---|---|---|---|---|---|
| Analysis of | |||||
| support costs | |||||
| activity 1 | Total 2022 | Total 2021 | |||
| E | E | E | |||
| Staff costs | 45,689 | 45,689 | 37,789 | ||
| Premises | 18,103 | 18,103 | 11,166 | ||
| Communications | and IT | 526 | 526 | 175 | |
| General office | 6,335 | 6,335 | 5,127 | ||
| Finance costs | 3,134 | 3,134 | 3,653 | ||
| Support costs - | Other costs | 1,326 | 1,326 | 1,176 | |
| 75,113 | 75,113 | 59,086 | |||
| 8. | Net (expenditure)/income |
| Net (expenditure)/incom | e | ||
|---|---|---|---|
| Net (expenditure)/income | is stated after charging/(crediting): | ||
| 2022 | 2021 | ||
| E | E | ||
| Depreciation oftangible |
fixed assets | 15,900 | 13,702 |
| Operating lease rentals |
9,097 | 11,442 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Fees payable | to the independent | examiner for: | |||
| Independent | examination | ofthe | financial statements | 1,250 | 1,250 |
| 12. | No Trustees received any benefi Tangible fixed assets |
ts or received any reimb | ursement of |
expenses. | |
|---|---|---|---|---|---|
| Freehold | Plant and | Fixtures and | |||
| property | machinery | fittings | Total | ||
| E | E | F | E | ||
| Cost | |||||
| At 1 April 2021 | 697,121 | 11,853 | 42,817 | 751,791 | |
| Additions | 5,985 | 5,985 | |||
| At 31 March 2022 | 697,121 | 11,853 | 48,802 | 757,776 | |
| Depreciation | |||||
| At 1 April 2021 | 22,809 | 2,370 | 38,236 | 63,415 | |
| Charge for the year | 13,942 | 790 | 1,168 | 15,900 | |
| At 31 March 2022 | 36,751 | 3,160 | 39,404 | 79,315 | |
| Canying amount |
|||||
| At 31 March 2022 | 660,370 | 8,693 | 9,398 | 678,461 | |
| At 31 March 2021 | 674,312 | 9,483 | 4,581 | 688,376 | |
| 13. | Debtors | ||||
| 2022 | 2021 | ||||
| Other debtors | 16,079 | 12,703 |
| 14. | Creditors: amounts | falling due within one year | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 6 | F | |||
| Bank loans and overdraRs | 7,470 | 7,468 | ||
| Accruals and deferred | income | 2,268 | 2,251 | |
| Social security and other taxes | 624 | 302 | ||
| 10,362 | 10,021 | |||
| 15. | Creditors: amounts | falling due after more than one year | ||
| 2022 | 2021 | |||
| 6 | ||||
| Bank loans and overdrafts | 67,686 | 75,680 |
| Analysis ofc | haritable | funds | ||||
|---|---|---|---|---|---|---|
| Unrestricted | funds | |||||
| At | At | |||||
| 1 April 2021 | Income | Expenditure | Transfers | 31 March 2022 | ||
| 6 | F | F | 6 | 6 | ||
| General funds | 653,953 | 113,047 | (120,717) | 646,283 | ||
| At | At | |||||
| 1 April 2020 | Income | Expenditure | Transfers | 31 March 2021 | ||
| 6 | F | F | 6 | |||
| General funds | 485,888 | 97,700 | (90,461) | 160,826 | 653,953 |
| Restricted funds | ||||||
|---|---|---|---|---|---|---|
| At | At | |||||
| 1 April 2021 | Income | Expenditure | Transfers | 31 March 2022 | ||
| 8 | F | F | ||||
| Betel charity furniture | 7 | 7 | ||||
| At | At | |||||
| 1 April 2020 | Income | Expenditure | Transfers | 31 March 2021 | ||
| F | F | F | 6 | |||
| Betel charity furniture | 7 | 7 | ||||
| Analysis ofnet assets between funds | ||||||
| Unrestricted | Restdicted | TotalFunds | ||||
| Funds | Funds | 2022 | ||||
| F | 6 | |||||
| Tangible fixed assets | 678,461 | 678,461 | ||||
| Current assets | 45,869 | 45,876 | ||||
| Creditors less than | 1 | year | (10,362) | (10,362) | ||
| Creditors greater than | 1 year | (67,686) | (67,686) | |||
| Net assets | 646,282 | 646,289 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| 6 | 6 | |||||
| Tangible fixed assets | 688,376 | 688,376 | ||||
| Current assets | 51,278 | 51,285 | ||||
| Creditors less than | 1 | year | (10,021) | (10,021) | ||
| Creditors greater than | 1 year | (75,680) | (75,680) | |||
| Net assets | 653,953 | 653,960 |
| 2022 | 2021 | |
|---|---|---|
| 6 | 6 | |
| Income and endowments | ||
| Donations and legacies |
||
| Donations Fees received |
102,349 144 |
80,286 1,200 |
| Church group income | 2,450 | |
| Contractural income |
250 | |
| Job rention scheme | 2,392 | 10,063 |
| 107,585 | 91,549 | |
| Investment income |
||
| Room hire and rental income | 5,460 | 2,964 |
| Income from cash investments | 2 | 3,187 |
| 5,462 | 6,151 | |
| Total income | 113,047 | 97,700 |
| Expenditure | ||
| Expenditure on charitable activities |
||
| Wages and salaries | 45,036 | 37,333 |
| Pension costs | 653 | 456 |
| Church tithes/grants | 9,097 | 11,442 |
| Rates and water | 4,221 | 1,739 |
| Light and heat | 7,467 | 4,483 |
| Repairs and maintenance | 7,324 | 4,135 |
| Insurance | 3,312 | 2,548 |
| Sundries | 183 | 29 |
| Motor and travel | 1,328 | 1,176 |
| Materials | 3,829 | 819 |
| Sunday school activities | 64 | 136 |
| Fees paid | 1,829 | 602 |
| Subscriptions | 1,842 | 1,168 |
| Office costs | 3,006 | 1,483 |
| Depreciation | 15,900 | 13,702 |
| Interest on bank loans and overdrafts | 3,134 | 3,653 |
| Training (2021) | 50 | |
| Payroll and software costs | 1,185 | 1,079 |
| Accountancy charges |
2,352 | 2,568 |
| Website and ITcosts | 526 | 175 |
| Ministry gifts | 1,517 | 380 |
| Pastoral | 6,802 | 1,241 |
| Bank charges | 111 | |
| 120,718 | 90,461 | |
| Total expenditure | 120,718 | 90,461 |
| 2022 | 2021 |
|---|---|
| 6 | |
| (7,671) | 7,239 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 6 | |||||
| Expenditure | on charitable | activities | |||
| Activities | |||||
| Activities undertsiren |
directly | ||||
| Church tithes/grants | 9,097 | 11,442 | |||
| Grants | 4,221 | 1,739 | |||
| Materials | 3,829 | 819 | |||
| Sunday school activities | 136 | ||||
| Fees paid | 1,829 | 602 | |||
| Event costs | 985 | ||||
| Depreciation | 15,900 | 13,702 | |||
| Ministry gifts |
1,517 | 380 | |||
| Pastoral | 6,802 | 1,241 | |||
| Bank charges | 111 | 64 | |||
| 44,355 | 30,125 | ||||
| Supportcosts | |||||
| Wages/salaries | 45,036 | 37,333 | |||
| Pension costs | 653 | 456 | |||
| Light & heat | 7,467 | 4,483 | |||
| Repairs 8 maintenance | 7,324 | 4,135 | |||
| Insurance | 3,312 | 2,548 | |||
| Sundries | 183 | 29 | |||
| Motor and travel | 1,328 | 1,176 | |||
| Subscriptions | 857 | 1,168 | |||
| Office costs | 3,006 | 1,483 | |||
| Interest on bank loans and | overdrafts | 3,134 | 3,653 | ||
| Training (2021) | 50 | ||||
| Payroll and software costs | 1,185 | 1,079 | |||
| Accountancy | charges | 2,352 | 2,568 | ||
| Website and | ITcosts | 526 | 175 | ||
| 76,363 | 60,336 | ||||
| Expenditure | on charitable | activities | 120,718 | 90,461 |