Charlt!. number: 1054376
New Life Family Church
Trustees, report and financial statements
for the year ended 31 December 2011

New Life Family Church
Contents
Pa%e
txgal adminis¢ratiN'e inform&ion
Trnytee5 report
Independent examiners report
SEaEement of finanLial aLli%'ities
Balancc sl
No*s to the financial %latem¢nis
9-16

New Life Family Church
Legal and administrative Anforn)ation
Charity number
1054376
Registered orriL
8 Church Street
Marsaie
Kcni
cr9 1ST
Trnslees
H. N,. R￿lOrff
P. N. L. Dart
J. D. Thomson
T. Todd
R. Roesiorff
G. R. Young
(Apwinied on 0111212023)
Accountants
Eric & Co
Chdrtered Certified AccoUntA￿L
& Regisiered AudiiDrs
87 Tylecroft Road
London
SW164BJ
Bgnkers
HSBC PIC
244 Northdowi Road
Margate
Keni. CTI I OQL
Sollcitors
Geldards LLP
4 CapilaE Quarter
Ti'ndall Streci
Cardiff
CF104BZ
PgJV• I

New Life Family Church
Report of the trustees
for the vear ended 31 December 2011
The trustees preseni their TEWJrt and the financial stsieff*nLS for the vear ended 31 December 2023. The wusiees who served
during the yeiw and up to Ihe dale uf ihi% rew)rt are oui on pagc l.
Structure? governanee and management
Tbe goi'erning Trust deed was adopied on 20 March 1994 by the TnJsl and 25 amended on 25 Februry 2018.
The T￿Slee5 wcre appointed by ltgreemenl uf ¥ quonun o( ¢urreni Truslees. The T￿LS￿e5 meei al Icas16 in Lhe year.
The day to day operaiion of ihe ChMriEy is controlled and managed by the T￿slee5 and overseen by the Prim8ry i£ader%hip
Tean). In praeiice. decisio￿4 of the Primar). Jxader%hip Team were p&4%ed domii to the TN4iees for impleff*niation,
s￿Lif1L￿]IY in Lhe are￿ or finanLia] manilg¢17￿nl and LomplianLe w'ith law5 atHJ regulalii)N%.
Risk .Management
The Tru8t¢¢s have &s%essed the major risLs to which the charitv is expo%ed. Pthicularlj. those rclaied io thc op¢rdtion% dnd
rinances of ihe ChaTity and are satisfied systell￿ and controls art in plAce io miiigaie thcir exposure io the major risks.
Objectlves And activities
The main objcctivc of the Fellow4hip is the proclamation and fuTtherance of the Go%pel of God concerning His Son, Je4u
Christ. Ihe Lord. Ihrou8h preaching and le￿hing ihe Word of God.
The mi4sion of the Fellowship is io e%tabli%h and to ex￿nd the Kingdom of God tn Thanet. England and (he world.
Activities io promoie the objectives includ¢ missionary support. Communiiy Outreach programs and youth work.
Wh¢n planiiii?g (Trur aciii'iiies for ihe year. ￿ tnisiees considered the Commission'5 guidan¢¢ publiL b¢n¢fii and in
Pdrticular, Ihe %￿LIf￿C guidanLe on ¥h4rities for ihe advdncement of reli8i0D.
AchieTrements and perforniance
Sunday Gaiherings
During thi% year we have seen incre&s¢ in ortenddnce num￿[￿. We were overjoyed to b#ptise 5 people in tkL"ember. The
building is being fillcd up ai a sw'ifi pace future consideraiions will need io k made io acLI)mmotste the
ever-increasing numbeT5. During 202.3 the Chureh saw an avern8e weekly attendance of 20?.1- 20.1 (2022 - 1491.
In 2023 we responded io the Increas￿ number of families with children aL￿nding the Lhurch and were able io resinjctvre
4Th1 Lredtr d new role for an existing %uff nymber Ntho was covering matrrniiy kave io coniinue on payroll dedicating l O
hour5 per week io leading OUT Sunda), SC1K￿l.
P&%loral Care
'Y()ung at Heall, aims 10 reduce loniliness & self-isolaiion by Lreating a space where new friendships Lan be built and
exi%iing one% strengthened. The church emplo)'N Iwn IFfF.i employee4 in a PiLsiordl rt)le. pmi'iding 4PirilUdl aTKi rnen￿l
well-being by befriending aThJ extending G￿.5 love to those who would ordinarily otheTh'i%e be isolaied. Pas[or￿ carc 15
'ide comprehensive in lis application. ranging from personal & tnarita] counselling. bereavemeni suppon. praciical
a%4isranLe & guidance. family 104rering healthy communit). reldtiot)%hip% & in(e8rdiing individu41% liunilie4 inro
churLh life & fellowship.
Communil). OutreaLh and participaiion
We Lolliinue to be a safe space for new individuals and families coming inio the area and aim 10 n￿t their physi¥al.
emutiondl. mentdl & spiritual needs. We run d kn'nisugi Wellbeing Group twice this ye4W where prdciicdl tool% ￿ 8iveD to
dllendee4 1() nÉl%'igTa(e menial hcJlih challengcN. A Bible COUPie w&s launLtr*d in 2 t(1 help pe(Iple s spiritual gri)wth
a￿1 be M 8ood wiiness for Jesus in our ¢ommurJiiJ'.
A parcnt & i(xldler gruup ICI)ftee Cup) Laier% for Pdrcni% dnd child￿ n within i)ur LX)Tnmuniiy edLh Friday during lerni lime.
ew Life coniinues io findncially SUPFKJrt local orgaDi%ation5 (Acts & Thdnei Fijod Linki iu mdk"e dn impdct ID our
community and schools as M'ell as In￿rnatiOnal minisir¥ partner5 w'ho share the vision atml mission of the church.

New Life Family Church
Re￿rt of the trnstees
for the year ended 31 December 2011
Breakout a￿1 Youth outreach coniinues 10 influence children aged 3 to 18 through regular mtd_week gathcrings. events. and
.Sunday sen'ices. This initiative a150 facilithies conttctions with our eonwgation between nonrychurch attending caregivers
and parents.
Connect Group.4
PartiLipalion in small groups cuntinues strong with six regular connect group5 meeiing ￿"¢¢kIY/bl-WeekjY during 2023.
Connect Groups are small in 5iz¢. usually up ro l S people. and provide a comfondble & Safe environmeni io ask questions.
engage in life's suesses and challcngc5. dc%'elop spirilually, and pray for one another and our community. Thc5e small
groups enftble the church io do life iogeiher by sharing in each other's burden5. joys. and i¢ars.
Mi.55ions
Charitable spending in the area of missions and outreach decrta5ed during the )'ear 20?.3 - £11.781 (202? _ £1.3.978J as ihe
church has conlinued io adopi conirol and aceouniabiliii, me&%wes io en%ure Thai funds are ￿Ing given inteniiunall) and
bear truii in line M'ith the Chariiy's objeLlii'e and mi5SiOt]. Mission partners arc regularl), revicw'ed lai l¢asi ei'ery six months)
and regular contacl is made and ensured with each partner. In ?023. the church contributed To and %upported ov¢r4e&
mis%ions dcdicatcd 10 spreading the Gospel of Jesus Chrisi. The church suprK)ned or¥anisations and indii'iduals in countrie
such Germany. the 1kmocr￿iC Republic of Congo. ugan￿ IrKli& Asi& South Africa. and the Uniied Kingdvm.
Thc churuh's goal 1% io be 5elf-su51aining ￿'ithOu1 relying on eX￿rnal fundin8. with the church fully funded through the
generous 8Tfts" and donations of ils members.
Financial reTriew
As at 31 DeceM￿r 20?3 the chariiy holds maleria] inv¢siments in a building. which is US￿ for the matn Chariiable purpose
dnd 4lLtivilie% of the church.
8 Church SireeL Mar8ai¢. KenL cr9 1 ST. The l)uildin8 is a prel'iously ommed School and M'as acquired by the Lharity in
2￿3. The Lhuriiy dlso UV¥TA% inve%tmenl pr()￿nY 99 Colleg¥ Rodd. Keni. CT9 4AA. previou*ly used d% d
nwnsc.
Durin¥ 2023. following the shuntdll of operniing Ldsh experienced during 2022 and the protrLiive rt*&sures tsken by the
Irusl¢es and Icadership. thc financcs of th¢ church havc improl'cd. Thc general goa] of the year io build our reserves and io
recommence mceting oui uplated reserves tK>liLy been r￿1. C4Lth re4¢r%'es overall liquid funds di the end of yedr 2023
'ere £62.398 1?022 L13.4261.
A budget wa5 operaled month on nK)nth and ￿'aS monilored at each pcriodic mceiing of th¢ Uu5￿¢$ to ensure thal costs and
rtcome rcmainLd ¥N'iihin planned paran￿[￿r5 allowin¥ thc Lh￿1). iu cTrperaiL in a Sus￿1n#b1e la%hiun. Anuin&lies ur Vdrianic5
were identifi¢d, addrcs5ed dnd approprixte [en￿dial action tdken.
Totlll receipis from incorning retyources increased from £167.084 in 2022 10 £? IY.104 lan increa* of 21 <5). The annual
budgei continues ￿ be met and remain5 appropriate with ihe goal of achievin8 the purpose of the ¢hariiable aclivitie5. airns
dnd i)hjective5.
The trustecs have noi Édenlified any material uncertainties relawl w evenis or condiiions Ihat may cast significant doubt
alK)ui Ihe chariiy'4 iihiliiy io cr>niinue as a gning coKern and ihe going corttrn h#LSi5 ffmain4 appmpriaie.

New Life Family Church
Report of the trustees
for the year ended 31 December 2023
Reserve pollcy
'ew Life Fdmilv Church's Reseryes Policy is to hold a minimum of six months of average expenditure in Teserve funds.
Thi.% policy is e4iahlished t(y ensure Ihat the church cun su%lain it% operations in the evenl of any unforeseen circumstances.
swh as an economic dowmtum or an unexpecied expense.
The reserves will be held in a separate account and invesied in a I0￿-r1$k insirumenl lo ensure the safety and liquidily of ihe
funds. The church will review the ￿selveS regularly and adjusi the balan¢¢ as necessary io ensure thai li mee15 the policy's
requirement%.
This tKylicv requirenKnl was1￿1 reviewed on 6th FebruaT)' 2024.
Any dei'ialion from this policy musi be approved by the Board of Trustees, and the reasons for ihe devialion will be
dikurnenied in writing.
The Reserves Policy will be tt%"iewed annually by the Board of Trustees lo ensure li remains appropriaie and relevani io
the church s need%.
By Lsrablishing Ihis Reserves Policy. ￿le￿. Life Family Church aims to ensure the continued financial stability and
inthility Df the church Jnd IL% 0￿ratIons.
As ai Ihe .3 I si December 2023 reserves were held in a general fu￿1 to coi'er three rnonths ai'erage expenditure. bui the wget
io hold reserve fund4 for Six monihs 1.4 likely tc) be by the end (if financial year 3141 tkc¢niher 2025.
Plans for future periods
The pliin4 for future peric)ds ar¢ to rontinve further aaivilies io help meei the charity's key objectives whi151 seeking to
4upporT ihe l¢ader%hip of ihe Church. li will continue io do thi% b). en%uring thaE sufficient financial re.qources are available
for fuiure growth. dctiviiies a5 the primarily leadership and s¢¢m fil.
Statement of trustees, responsibilities
The trusiees are responsible for preparing the Trustees Annual Report aod the fin1￿cIal 5Èatements in dLiordance wilh
pplicable law and Unlied Kingdom Accounting Sianddrd4 Iunitrd KingdotD Generally Accepied Accounling Practice).
IAW. applicable to charities in England atml Wale5 requires the misic£s w prepare financial statemenis for each finanLial year
which give a true and fair view of charit)" and of the iKoming resources and applicaiion of r¢soLtrcu of the chority for that
year. In pr¢parin8 these fin￿1￿ staiemeDts th¢ INstees are required ￿.
.4Lleci suiiable accounting policie% and then upply t￿M CO￿￿1*[en￿Y.
observe ihe meihods and principles in the Charitie% SORP..
make judgements and esiimaies thai reasonable 8nd prndeni:
slaie whcthcr appliLable UK Accounung Siandards hai'c been followtd. subjeci to any M￿erial depanur¢s discloscd and
expluined in the tinarKial sta*n*nLs: and
prepare th¢ finanei&l Siatements on the going concern b&sis unless it is inapFff0pri￿e io presume thai the charity will
coniinue in 0￿ratIon.
p￿￿p a

Nei* Life Family Church
Report of the trustees
for the year ended 31 December 2023
The ￿lste¢S are resp()n5ible for keeping proper accouniing records ￿1¢h disclose reasonable accuracv ai any lime the
rindllcidl PO%iiion of ihe charity and endhle them lo en.sure thai ihe financial *ta￿Me￿I% cnmpl). H'iih Ihe Chariiie% ALI 2QI I
and ihc Chariii. (Accounis and Reports) Regulations ?(M)8. Th¢y arc also rcspvn%iblc for safcguarding the a55cls of th¢
charity and hence for ukin8 reasonable sieps for the prei'eniion and det￿tIon uf fraud and other irregulariiies.
On belmlf of the tK¥drd
G. TL I'o
Trustee
Iq.-..o6f..-20 8(t
Date: .
PAO• 4

## **New Life Family Church** 

## **Independent examiner's report to the trustees on the unaudited financial statements of New Life Family Church.** 

I report on the accounts of New Life Family Church for the year ended 31 December 2023 set out on pages 2 to 16. 

## **Respective responsibilities of trustees and independent examiner** 

As the charity's trustees you are responsible for the preparation of the accounts, you consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.  It is my responsibility to examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act and to state whether particular matters have come to my attention. 

## **Basis of independent examiner's statement** 

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. 

## **Independent examiner's statement** 

In connection with my examination, no matter has come to my attention: 

- (i) which gives me reasonable cause to believe that in any material respect the requirements: 

   - to keep proper accounting records in accordance with section 130 of the 2011 Act; and 

   - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act 

have not been met; or 

- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

## MAL 

## **Eric Ashong (FCCA)** 

on behalf of Eric & Co 

## **Independent examiner** 

Chartered Certified Accountants & Registered Auditors 87 Tylecroft Road London SW16 4BJ 

## **Date: 29 October 2024** 

**Page 6** 



New Life Family Church
Statement of financial activities
For the year ended 31 December 2023
U￿r￿rIe(ed Re￿rICted Endow￿￿￿1
fund
funds"
2023
Tot
2022
Totsl
Noles
Incomlng resources
Incoming resources from generaling funds-
Volunido income
Aciivitie% for generdtins fvnd
Investment income
Other incoming resources
197.590
197.590
150.222
8,?55
8.310
297
6,203
1.91J5
6,?03
1,983
Total Incomlng resources
219.1(4
219.11
167.084
Rewurces expended
Charitablc actii'ities
Governance costs
145.441
2,45?
12.775
158.?16
2.452
187.482
2.292
10
Total resources expended
147.89.1
12,775
160.668
189.774
Net IncomlnvJ(outgolngl resources before
other reeognised galns and lo&ses
71.21
112,775)
.5¥,436
(22.690)
Other recognised gains and losses
Gainsl{Losscsl on iniesim¢ni asS¢i4
250.1151
13.851)
?47,iK
(4)
Nel movement In funds
322.(KJ?
(12.775)
{3.851) .305.436
122.6941
Totul fund5 broughi forwdrd
56.133
513,37?
3.851
573,156
596.050
Total funds carried forward
378.195
5(X).597
878.792
573.356
The no¢es on pages 9 to 16 forni an Integrnl part of these flnan¢lal ststen*nt&

New Life Family Church
Balance sheet
as at 31 December 2023
2023
2022
l%oles
Flxed awts
Tanqible asseis
Ini'esimeni property
14
15
5(H.686
.115.(MK)
557.553
819.686
557.553
Lurrenl assets
DebtLir
Ini'e4tmenis
Ci%h &1 bonk and in hand
16
17
3.089
2,775
3.851
13.426
62J98
65.487
20.052
Creditors: amounts falling
due M'llhln one Trear
18
(6.3RI I
(4.2491
Net current assets
59.106
15.803
Net assets
878.792
573.356
Funds
End(Iwment funds
19
3.851
Resiricted Incon￿ fund5
511.372
Unrestri¢led inLDme funds-
Unresiri¢Eed income funds
Revaluation reserve
131.195
247.(NX)
56,133
Total unrestric*d income funds
.378.195
Total funds
878.792
573.356
ei*¢£f-.1gWnd signed on its behalfby
Tr rinancial 51a*ments w¢re iipproved by the vuste¢s on ........
oung
Trustee
T. Todd
Trustee
The noto on pages 9 10 16 form an Inle8ral part of these flnanclal 5tgtement

Yew Life Family Church
Notes to financial statements
for the vear ended 31 December 2011
Accounting policies
The principal dLIULuILing polAcies are sununariscd below.
Basis of accounting
These accoun1.% have heen prep￿d in accordance with the Accounting Regulaiions sei oul under the Ch8riiies
Ac12011. and w'ith the Chariucs s￿len￿nI of ReL'ommended Pwiice - Charities SORP FRS 102.
The charity meei5 Ihe defmition of a public benefit enliiy under FRS 10? Assels and liabiliiies arc iniudlly
recosnised ai historical cosi or trdnsaciion value unless othern'ise sthted in the relevant accounting policy.
1.2. Incoming resources
All incuming resourLes are included in the staiemeni ol financial activilies when the charity is eniiiled to ihe
income and The arnount can be quantified with reasonable accurncy. The follow'ing specific wlicies are applied to
panicular cate¥ories of incoll￿.
Voluntary income is received by w¥y of donatio￿￿. offerin&% and tithes. and is accounted for in the %taiement of
rinancial activiiies on receivable basis.
Other incomes are included in the year in whieh li is received.
InLome from investn￿￿(S is rccognised on a rweii'cd basis. Rental income is recognised on a rcLeipl basis
1.3. Resources expended
ExpLndirur¢ 1% reliisnl￿d on an aCCTual basis 4 liabiliry 1% inCu￿ed. Expenditure i￿l￿deS any VAT which
cannoi be fully recovered. and is rewrted as part of the expcndilure to whiL'h li relates.
Grants paJ'm¢nts are pa>'able once ihe!. have been agreed by the Trustees. C.hari14bl¢ acii%'i(ies cost5 comprise rhe
LQIIS H4%nLiated with allr￿ling v()lunidr)' InL()Tr￿. li inLlude% ￿)lh c<lii% thal cJn be dlli]Cdied direL'iI>' li) tsuch
aciiviti¢s and th0￿ cosls of an indircct naturc ncccs5ary io suptKTrrt them.
Support L05ts are th05C C05ls incurred directly in 5uppon of expenditure on the objects of the LhaTii)'.
1.4. Tanglble r￿ed assets and depreclallon
Tangible fixed are %iaied ai co41 le%% decumulwed depT￿lation. Depreciation 1% pmvided at rdtes calculaied
lo write off the cost or valu￿10￿ Icss residual value of each &ssei over lis expwi¢d useful life. 8$ follow5..
Land and buildings
Improvemeni to properly
Fixtures. fiiiings and eqUipn￿nI
Moior vehicles
Strdighi line over 50 years
Strnight line over So years
20* Teducing balarKr meth
20% reducing balance meth(Ml
1.5. Investments
The inve%lment pmperty 1.% included in the accounis at ihe Trusttt'% valvaiion. Any gain% or1thse.% on Traluaiion or
disp()%al ure ioken through ihc staicment of fI￿nCIal acii¥ities.
Curreni asset investments ttre at the lower of c￿1 and nei reali5able value.
Defined contrlbution penslon schemes
Th¢ p¢nsion Lhar8ed in th¢ fuuncial 4Lllemenls represent contribution payable by the chariry during the
year.

New Life Family Church
Notes to financial sLitements
ror the year ended 31 December 2023
Voluntar) income
LTnTe5trlcted
fuDd5
2023
Toial
2022
Total
General offerings
s￿Lia} offerings
Gifi aid donations
Gift aid lax refund
95.337
4.1(
76.947
91.198
95.337
4.108
76.947
21.198
55.088
1.777
73.6(
19.748
197.51A)
150,?22
Activities for generating funds
UDrestrlcied
fun4Ls
2023
Total
2022
Total
Shop inLome
Breakoui subscripiion
Rwm hire
?65
?65
737
4.552
I3.(￿1
13.(K)I
13.326
13,326
8,255
Investmenl income
Unrestrlcted
funds
2023
'rot81
'rotal
Income from UK ini'e51ment propentes
Bdnk ini¥resL reLeisable
5.781
420
8.108
420
6.2U3
6.?03
8.310
Other Ancomlng rewurces
Unrtsirleted
funds
2023
Total
2022
Total
Oiher income
.985
297
1.985
1.985
297
111

New Life Family Church
Notes to financial statements
ror the year ended 31 December 2IILI
Costs of charllable activllfi£s - by fund type
Unre5tri¢ied Restrlcted
fun(Ls
funds
2023
Total
2022
Tot41
Fellow%hip activity aNJ minisiry
Hospilaliiy & breakoul
Mission5
130.757
2,903
11.781
1 ?.775
143.532
2.￿3
11.781
171.2?2
2.282
13.978
145.441
58.216
187.482
c.osts of charfitable actiTr4tles - by actii'it),
Activltles Don*ilons
undertaken
runding
directl)
artivitles
Support
Costs
2U23
Total
2022
Total
Fell(Iw%hip aL'liVi(y and mini%try
Hospitality & breakoui
Mission5
40.479
2.903
10.1.053
143.532
2.903
11.781
171.222
2.282
13.978
11.781
43.38?
11.781
10.1,053
58.216
187.482
l 1

NeTrTr Life Family Church
Notes to fmancial sLqtements
for the year ended 31 December 2023
Anal>sls of Donations
2011
Total
2022
T(Jta]
Watoio Child Carc Ministrics
G H Engelbrechi
Josua Kir¢he Papenburg
Thanei Food Link
Good Shepherd Homes
Aciive Christianiti, In Thanet Schools
cen￿al African Nli%.4ion
'nisiigi Hope
Veroniia Doyle DaVid￿n
Kampala Children Centre
Other gift5
552
552
2.1
2.71M)
1.211U
1.200
1.2
1.2(K)
11.781
13.978
Analysis uf support costs
2023
Tolal
2022
Totsl
Staft co4t
Light und heat
Repairs and maintenance
Insurance
Motor and trayclling cosls
Premises cosis
Legal and professional fee5
Other prufessional fee5
Telephone ¢osis
Chh¢r office expenses
Pr(Trfil (Trn di%w%al uf &K%et
Deprecidtion aDd lrnpairn￿n1
67,665
8.866
6.190
3.816
86
15.M7
2.355
6.876
2.094
4.791
1.557
16.690)
83.958
4..150
4,48?
86
9,579
769
2.&)2
4.487
15.638
103.053
137.619

New Lile Famil.v Church
Notes to financial statements
for the year ended 31 December 2023
io.
Governance Costs
Unrestrlcted
fun(L4
2023
Total
2022
Totsl
ALL{￿n{anLY fees
Bank charses
452
452
892
2,452
2.452
2.292
11. Emplo)ees
Employment costs
2023
2022
Wa¥e4 4alaries
S(Kidl ¥£curity LOs1s
Pen%ion Lost
62.635
916
4.114
76,852
?.656
4,450
67.665
83,958
No employee Teceived CDwlument14 of ub)re than £60.(KQ (?02? .. Tr*one).
Number of emplovees
The average monihl). number.% of employee% li￿]UdIng the ￿￿te£s) dur&ng the year. ¢al¢ulaied on the ba41% of
full equii'alenis. M'as as follows:
2023
Number
21122
umbtr
Sthff
12.
Trustees, emoluments
202J
2022
Remuneralion and other bencfiis
36.111
13.
Pension cosL
'I'h¢ LVIIIPiiny opcidl¢s d d¢fJiJLJ iontribuliuii FKnSiOll $ihei￿. Th¢ scheTr* dnd ils &sseis are held by independent
managers. The pension Charge repre5enis contributions due from the company and was as follnu's..
2023
2022
Pe￿6&on chdrge
4.114
4,450
11

New Life Family Church
Notes to financial statements
for the year ended 31 December 2023
Land &.
buildin&s
freehold
14. Tangible flxed assets
lmprnTren￿nt
FF&
to propertv equlpment
Motor
vehicles
Total
Lost
Ai l Januar), 20?1
Di5PO%dl4Jr¢cldS%ification
At 31 Dccember 2023
29S.1 ?2
168.(XM))
491.633
127.189
918.694
(72,750)
(4,750)
227.122
491.633
127.189
845.944
Depreciation
Ai l January ?0?3
Charge for the ye
On di1p0%al￿ree1&411fic￿t10n
Ai I l DeCeM￿r ?023
118.6?5
.942
(31.437}
118.193
9,835
121.130
.970
3.193
361.141
14.747
(3.193) {34.630)
.i.io
128.078
341.258
Net book values
Ai 31 DeLcn)ber ?023
136.992
363.(A)5
4.08Y
504.686
At 31 Deccmber 2022
176.497
373.440
6.059
1,557
557,553
Is.
"ixed &￿t investments
Investh)ent
property
Total
Valuatlon
Addiii(In
Rei'aluations
68.(XJ)
247.(XKI
247.IXK)
Al 31 December 2023
315.
315.IXKI
HÉstorical c05t as at 31 December 2023
68.(
68.(KK)
The tru4tecs have CO￿lucIed a valuaiion. taking into account cu￿ent nwkei conditions and aTr'&ilable propertie4 in
local mark¢is. They believc the op¢n market value of the investment PTopeny to be £315.IXM) &$ of 31st
December ?023.
All fixed assei investments are held within the United Kingdo
IA

New Life Family Church
Notes to financial statements
for the year ended 31 December 2023
16.
Debtors
2023
2022
Trade debiors
Other debiuTh
Prepayments
1.314
.769
3,089
2,775
17.
Currenl asset Investments
2023
2022
Other unlis￿d investrnents
3.851
18.
Creditslrs: amounts falling due
wlthin one year
2023
2022
Trdde crediiors
Oiher tax¢s and svcial sccuriiy
Oiher creditors
AccruaEs
18
l.W4
709
2.417
414
1.4(Kl
6..181
4.249
The Lharity operate% a defined COn￿lbull0n pctL%iOD Khemc for employee5. The of the ￿h¢n* ate held
sepapaiely from those of the ¢hurii)' in an indcpcndenilv adminisiered fund.
At the staiemeni of financial position date unpaid Contribuiions is £110 {?0??: £142) were due to the fund. They
are included Other Crediiors.
19.
Anal)'sls of net assets between funds
Unre51ricied Restrlcted
funds
nds
Total
funds
Fund baiance5 at 31 December 2023 as represented by:
Tangihle fixed a%%15
Investment asseis
Curreni assels
Current liabililies
4.089
115.IKX)
65.4x7
16.3811
5W.-fj97
-504.b86
-115.(XK)
65,487
16,3811
378.195
5(X).597
878.792
pl

New Life Famil} Church
Notes to financial statements
for the year ended 31 December 2023
20.
Unrestrfcted funds
At
l Janu4rv IDcomin8 Outgolng
2023 rewurces resources Tr8nsfers
G41ns and 31 December
losses
2023
Genernl funds
56.133
?19.IlJ4
(147.893)
3.851
247.(KK)
378.195
Puryose5 of unrestricted funds
The unrestricted funds of ihe Trusi are expendable ii the discrelion of Ihe Trustees in funherance of the
objeciives of the chariiy.
The detsignated funds ￿ ￿et aside for b￿CIfiC projecTs.
21. Restricled funds
At
At
l January ()utgoing 31 D¢cember
2023 resources
2023
Propeny funds
5J 3,372
(1 ?,775)
5(K1.597
22.
Endowment funds
At
l January
2(b23 Trnnrfers
At
31 DecembL'r
2023
Investmeni capitsl funds
13.851)
23.
Related party transactions
Remuneration receii'ed by member of the IK)ard of Trustees Hemwjtss Nicol&￿ R(*storff whose ￿tIng role w&5
p&4tor 14 £28.$69 (20?2.' 28.445).
Remuneration ￿ceIVed by nymber of the board Tnjsiees Ras￿l}e Roeslorff whose acting rok w85 Pastor is
£11.801 {2022: £6,520).
Remunerauon receiTr¥ed by a ¥pouse of the Chinw io the Ix)drd of Trnstee% whose actsng tole was admini%trdior
is £7.9091?0?2.. 12?.89111.
RemuneraEion receiv¢d by a family member of the tM>ard of Trusle¢s whose acting role was in pasloral care is
LS.-5411?022-. £9.93?).
P•0• 1