NEWLIFE BIBLE-PRESB YTERIAN CHURCH 44 Salusbury Road London MY6 6NN Tel.. 020 7328 0869 (Manse) Email.. newli eb london Charity No. 1060655 ahoo.co. uk Fyebsite.. www.newlifebpc.co.uk "For the Iyord o God and or the testimo Jesug Christ" ev ].'9 To The Charities Commission 20 October 2024 Dear Sirimadam, RE: SUBMISSION OF 2023 CHARITIES COMMISSION ANNUAL I hereby certify that the inforn]ation that has been provided as part of the 2023 Charities Commission Annual Return for New Life Bible~ Presbyterian Church (charity number - 1060655) listed below are correct to the best of my knowledge and has been brought to the attention of all the trustees. Annual Report 2023 Financial Report 2023 Account 2023 (Summary of Financial Activities) I further confm that there are no serious incidents or other matters which should have been brought to the attention of the Commission. Should you have any concerns or queries, please feel free to contact us. With the Lord's blessings, Danie Trustee for New Life Bible-Presbyterian Church On behalf of all charity trustees 2023 Returns Pack Page l of 7
New Life Bible-Presbyterian Church, London Annual Report l January 2023 to 31" December 2023 st The following is the annual report for New Life Bible-Presbyterian Churcty London: After much prayer and deliberatio Preacher Mok Chee Cheong infonned the church that he will be stepping down as the Resident Minister &5 both he and his wife. CaTOI, will be returning to Singap)re in April due to Carol's declinLng health. The congregation was deeply saddened to learn that Carol passd away in November, returning home to be with the IA)rd. During 2023, the following changes were made to the Morning and Afternoon worship services: From 5 March onwards - only the Morning worship services were held at the church premises. The Afternoon worship services were temporarily put on hold The church continued to broadcast the worship services via Zoom. Activities held during the period Cm chronological order): l. Easter SuDday servic& 9 April The speaker was Dr David Allen preached the message entitled "Inside the tomb" 2. Reforniation Sunday* 29 October The speaker w&s Eld George Chew who preached the message entitled "Value for Money" 3. Remembrance Sunday9 12 November Before the Morning worship service. a 2-minutes silence was observed. 4. Christmas servi¢< 24 December The speaker was Elder George Ch¢w who preached the me entitled "The Unspeakable Gift" Cbristmas Day Lunch was held after the morning service. 5. Annual CongregatioD Meeting (ACM), Postponed The Annual Congregational Meeting could not be held this year due to the departure of our Resident Minister. Preacher Mok Chee Cheong. Regular activities of the church.. l. Worship Services: Worship services were held every Lord's Day; I 1:00 am and 3..00 pm (on hold from 5 March onwards). Average attendances are 25 and l O respectively. Speakers for 2023 included Mr Charles Scott-Pearson (General Secretary, Protestant Alliance), Rev Lim Chee Boon (Supervisory Pastor). Pr Mok Chee Cheong (Church Resident Minister), Rev Timothy Poh. Rev Matthew Yong. EId Stephen Toms, Eld George Chew. Dr David Allen and Rev Paul Hanna. 2023 Relurns Pack Page2of 7
- Sunday School: The Sunday School cl&8ses were held after lunch. The children were taugbt by Mrs Elizabeth Tan. We express our heartfelt gratitude to God for FSS unwavering guidance and protection over our CA)ngregation througbout another year of challenges. We continue to faithfuIly pray thaL in His divine wisdom and perfect timing, God will bless us with a new Resident Minister to shepherd and lead our church fomrd. This concludes the report on the activities of New Life Bible-Presbyterian Church, London for the year ending 31 December 2023. Prepared by Jonathan Kim 2023 Returns Pack Page 3 of 7
TREASURER REPORT & ACCOUNTS 2023 Treasurer's Report to the Trnstees and Members of tbe Neff Life B.P. Chureh for the year ended 31 December 2023 Weekly Offering for the year was £38.01 I compared to the previous year of £44,991. Hospitality Income received was a donation from a wothipper who visited during Christsnas. Bank Interest received for the year £1645 which was substantially more than the previous year of £171 due to the increase in interest rates from 0.87•/0 to 1.98f/l o. Missionary fund - no donations were received during the year. There was a small balance of £34.92 in the account and the bank charges in this account was £30. Therefore this account was closed to avoid any further bank charges. Sovereign Grace - has resumed their monthly meetings and was granted free use of the Church hall for the year. They had Dot been able to use the church IMII previously durtng the pandemic even though they have made payments during that period. Building Fund - generous donations were received during the year amounting to £7,410 compared to £1664 received the previous year. Some of these funds have been used towards the general building repair4 renewals and maintenance of the church buildings and other areas of the church during the year. (See Building Repairs & Maintenance below) Tax Reclaim - this was in respect of Gift Aid submitted in 2023 for £18582. This is a government financial incentive Tebate of wbich these funds could be used for the general upkeep and maintenance of the church. Other Income of £2,882 received during the year was from Bright Funds an Organisation supporting charitable causes of which our church was nominated to receive the funding by a member. Funds received previously We from CAF (Charities Aid Foundation), an organisation whose mission is to aid charities and provide funding to them. Honorarium and Salary was £24,684 in 2023 compared to £17,834 in 2022. The incre&8e was due to exterDal speakers LVerillg for Preacher during ljis holidays and on other occasions. Also the pension contributions which our church make towards the Preachevs pension scheme have increased during the year. Designated Gifts - of £4052 was comprised of various love gifts to various people and organisation. The Protestant Alliance, Reverend Lim (our Supervisory P&stor) who came for a period, a gift to the family of the late Prema after her passing and return to be with the Lord plus a love gift and wreath to our Preacher on his wAfe's p&ssing and return to be with th¢ Lord. 2023 Retll Pack Page4 of 7
Building & Contents l Health & Safety Insurance premiums had only increased slightly for the year from £4,814 in 2022 to £4,950 in 2023 representing about 3 percent increment. Office Expense of £76 was mainly for copying papers and toners. Telephone & Broadband cost remained relatively unchanged with expenditure slightly decreasing from £497 in 2022 to £485 in 2023 when market prices for services h&s been increasing substantially throughout the year with other internet providers. Lighting and beating cost had increased substantially during the year from £3,913 in 2022 to £5,918 in 2023 representing a 51 percent increase. Gas and electricity prices have been increasing continu0$]Y throughout the year. Water Charges - no payments made during the year. Building Repairs and Maintenance during the year was £774 compared to £1664 in 2022. These were general repairs and maintenance work on an ad hoc basis during the year. Council Tax l General Rate had unexpectedly decreased slightly for the year from £2,614 in 2022 to £2319 ID 2023 when Council services and amenities cost throughout the borough have incre&sed The decrease represented a 12.72 percent reduction Publications & Subscriptions of £360 were payments to the Evangelical Times foT their monthly paper and the Affinity Gospel Church. Housekeeping Expenses of £20 were in respect of general toiletries. CleaDing- no cleaning expenditure inCued during year. Bank Charges of £198 were levied by the bank during the year on all the current accounts of the church including the missionary account. Miscellaneous expenditure of £83 was for a licence granted to operdte the Church payroll. Prepared by: Tomas Tan Treasurer 2023 Returns Pack Page 5 of7
ACCOUNTS 2023 Summa of Financial Activities Do note that this statement covers the accounts for 2023 (and a reference to the 2022 figures). New Life Bible Presbyterian Church Statement of Financial Activities For The Year Ended 31 December 2023 2023 2022 INCOMING RESOURCES . Weekly Offering Hospitality tncorne Interest Received Missionary fund Sovereign Grdce CoDtributions (Hall Hire) Building Fund Tax Reclaimed- Gift Aid Gitls Other Income TOTAL tNCOMING REsoifRCES 38,011 120 1.645 44,991 171 300 420 1,880 7,952 7,410 18.582 400 4.638 RESOURCES EXPENDED . Honorarium & Salary Des]ed Gifts Building & Contents / Health & Safety Insurdn Office Expenses { Printin& Postage, Ststionery. IT ) Telephone & Broadband Lighting & Heating Water Charges Building Repairs & Maintenance Council Tax l General Rate Travelling Missionary Donations Equipment- Purchases & Repairs Publications & Subscriptions Housekeeping Expenses Cleaning Bank Charges Miscellan¢ous 24,684 4052 4,950 76 485 5.918 17.834 200 4.814 250 497 3,913 774 2,319 5.519 2.614 1,620 45 360 20 39 86 198 83 279 TOTAL RESOURCES EXPENDED 40.880 2023 Returns Pack Page6 of 7
New Life Bible Presbyterian Church ststement of Financial Artivities For The Year Ended 31 December 2023 2023 2022 Unrestricted Funds l Deficit (- ) for the Yvdr Unrestricted Funds i DefIcit {- ) Brought Forward Unrestricted Funds i DefKit {- ) To DAte 19J67 127 420 19,472 127 420 REPRESENTED BY BANK & CASH BALANCES . Bank Current Account 14 Day No. 2 Account YAF Ae¢ount Petty Cash ( Kitchen Float ) Petty Casb ( Office FloAt ) 41,650 105234 23,693 103.589 35 15 88 15 88 14A 127.420 Prepared by Tomas Tan (Tr&gsurer) 2023 Returns Pack Page7 of 7