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|---|---|---|---|---|---|
|Directors|and|company|information|||
|Report of|the|directors||||
|Report of|the|independent||examiner||
|Statement|offinancial||activities|||
|Balance sheet|||||12|
|Cash flow|statement||||13|
|Notes forming||part ofthe||financial statements|14|
|NON-EXECUTIVE DIRECTORS|NON-EXECUTIVE DIRECTORS|NON-EXECUTIVE DIRECTORS||||||
|---|---|---|---|---|---|---|---|
||||Charles Glass|||||
||||Robert Gwynn|||||
||||Geoff Knott|||||
||||Scott Marques|||(appointed|14'"December 2022)|
||||Richard Wightman|||(appointed|14'"December 2022)|
|EXECUTIVE DIRECTORS||||||||
||||David Holden|||||
||||Stephen
Tibbert|||||
|NEWFRONTIERS TOGETHER TEAM||||||||
||||Stephen
Tibbert|||||
||||Andrey
Bondarenko|||||
||||Edward
Buria|||||
||||David Devenish|||||
||||David Holden|||||
||||Scott Marques|||||
||||Bryan Mowrey|||||
||||Richard Wightman|||||
|PRINCIPAL ADDRESS|||King's Church|London||||
||||21 Meadowcourt||Road|||
||||Lee|||||
||||London
SE39DU|||||
|BANKERS|||National
Westminster|||Bank pic||
||||PO Box2406|||||
||||Hove
BN3 2BS|||||
|SOLICITORS|||Wellers Law Group|||||
||||65 Leadenhall|Street||||
||||London
EC3A|2AD||||
|INDEPENDENT|EXAMINER||David Hoose, FCA|||||
||||Mazars LLP|||||
||||30 Old Bailey|||||
||||London EC4M|7AU||||
|REGISTERED|CHARITY NUMBER||1060001|||||
|REG ISTERED|COMPANY|NUM BER|03298732|||||
|WEBSITE|||www. newfrontiersto|||ether. or||
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|NCLUDIN|G
IN|COM||AND EXPE|NDI|TURE AC|COUNT|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||2022|||2021||
|||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||||Note|Funds|Funds||Funds|Funds||
|||||||f.'000|E'000|f.'000|f'000|F'000|6'000|
|Income||||||||||||
|Donations||||||134|1|135|102|50|152|
|Investments||||||||1|||1|
|Charitable
activities:||||||||||||
|Conferences
and||training||||72||72||||
|Trading
activities||||||||2||||
|Total income||||||209|1|210|108|50|158|
|Expenditure|on charitable|||activities:||||||||
|Apostolic|ministry|based||in the UK||57|1|55|70|50|120|
|Conferences
and||training||||120||120||||
|Apostolic|ministry|based||outside the UK||15||15|10||10|
|Total expenditure||||||192|1|193|88|50|138|
|Movement|in total|funds||for the year||||||||
|Net income|(expenditure)||forthe year|||17||17|20||20|
|Total funds|brought|forward||||216||216|196||196|
|Total funds|carried|forward|||7,8|233||233|216||216|
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||||Note||2022||2021|
|---|---|---|---|---|---|---|---|
|||||E'000|E'000|K'000|K'000|
|Current assets||||||||
|Debtors||||2||2||
|Cash at bank||||272||249||
|||||274||251||
|Liabilities||||||||
|Creditors: amounts||falling due||||||
|within one year||||41||35||
|Net current assets|||||233||216|
|Net assets|||||233||216|
|Representing:||||||||
|Unrestricted
funds||||||||
|Free funds|||||230||213|
|Designated|funds||||3||3|
||||||233||216|
|Restricted funds||||||||
|Total funds|||||233||216|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E'000|f.'000|
|Cash flows from operating||activities:|||||
|Net cash generated
from|operating||activities||23|40|
|Increase
in cash in the|year||||23|40|
|Cash at 1 January 2022|||||249|209|
|Cash at 31 December 2022|||||272|249|
|RECONCILIATION|OF|NET|MOVEMENT OF FUNDS TO||||
|NET CASH FLOW FROM OPERATING ACTIVITIES|||||||
||||||2022|2021|
||||||R'000|F'000|
|Net movement
in funds|for|the reporting||period (as per the statement|||
|offinancial
activities)|||||17|20|
|Adjustment
for:|||||||
|Increase
in creditors||||||20|
|Net cash generated
from operating|||activities||23|40|
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||||||2022|2022||||2021||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Grants|Direct|Support|Total|Grants|Direct|Support|Total|
||||||costs|costs|||costs|costs||
|||||F'000|F000|6'000|F'000|R'000|E'000|E'000|K'000|
|Charitable|activities:|||||||||||
|Apostolic ministry||based|in the UK|51|1|6|58|85|-|35|120|
|Conferences|and|training|||107|13|120|-|4|4|8|
|Apostolic ministry||based|outside the UK|10|4|1|15|—|5|5|10|
|Total charitable||expenditure||61|112|20|193|85|9|44|138|
|Total grants
by geographical
region:|||
|---|---|---|
||2022|2021|
||f'000|f.'000|
|Africa|10||
|UK and Europe|1|50|
|Global, not specific to one region|50|35|
|Total grants|61|85|
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|In respec|t ofthe|ye|ar, expenses were reimbursed
to directo|rs, as follows:||
|---|---|---|---|---|---|
|||||2022|2021|
|Contribution|to support||and travel|15,000||
|||||2022|2021|
|||||No.|No.|
|Number of|directors|receiving expenses||1||
|and a m|eal we|re as follows:|||
|---|---|---|---|---|
||||2022|2021|
||||E||
|Directors'|meeting|expenses|821|1,980|
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|2022|2021|
|---|---|
|R'000|R'000|
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|6.CREDITORS|||
|---|---|---|
||2022|2021|
||f'000|f'000|
|Accruals|35|26|
|Deferred income|6|9|
|Total creditors|41|35|
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|7.UNR|EST|RICTED FUNDS|||||
|---|---|---|---|---|---|---|
||||Balance at|||Balance at|
||||1 January|||31 December|
||||2022|Income|Expenditure|2022|
||||R'000|f'000|R'000|f.'000|
|Free funds|||213|209|(192)|230|
|Designated|funds||||||
|Projects|||||||
|Total Unrestricted||Funds|216|209|(192)|233|
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|Balance at|||Balance at|
|---|---|---|---|
|1 January|||31 December|
|2022|Incoming|Outgoing|2022|
|R'000|F000|f'000|R'000|
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|9.ANALYSIS OF NET ASSE|TS BETWEEN FUNDS|||
|---|---|---|---|
||Unrestricted|Restricted||
||funds|funds|Total funds|
||f.'000|R'000|f'000|
|2022||||
|Net current assets|233||233|
|2021||||
|Net current assets|216||21$|
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