2024-07-31-accounts

Trustees' Annual Report for New Life Children Centre

Charity Name: New Life Children’s Centre Reporting Period: 1 August 2023 – 31 July 2024 Charity Registration Number: 1065802

Structure, Governance, and Management

New Life Children Centre is governed by its Constitution, which outlines the framework for decision-making and charity operations. The Trustees are responsible for ensuring that the charity operates in compliance with its objectives and within the guidelines of the UK Charity Commission.

The charity’s governing board consists of 6 Trustees. Trustees are recruited based on their skills and commitment to the charity’s objectives. Meetings are held quarterly to review progress, finances, and plans for future development. Day-to-day operations are managed by a team of dedicated staff and volunteers, both in the UK and The Gambia.

Name	Ofce(if any)	Dates acted, if not for wholeyear	Name of person (or body) enttled to appoint trustee
Ken Morgan	Chairman		Trustees of Charity
Beth Evans	Secretary		Trustees of Charity
Margaret Staples			Trustees of Charity
Rebecca Walker			Trustees of Charity
Mark Gordon			Trustees of Charity
Lisa McDavid			Trustees of Charity

Objectives and Activities

The purpose of New Life Children Centre is to provide education, resources, and care for children in The Gambia. Our two schools cater to children from underserved communities, offering them opportunities for learning and personal development. Beyond education, the charity also undertakes community development initiatives aimed at improving living standards, providing healthcare support, and promoting sustainable development.

The main objects of the Charity as agreed in its Constitution are to: -

• a) Advance the Christian faith both abroad and in the United Kingdom;

• b) The relief of poverty and sickness for persons in any part of the world

• c) The worldwide advancement of education on the basis of Christian principles.

Key objectives include:

1. Ensuring access to quality education for all children enrolled in our schools. 2. Supporting community health initiatives, including hygiene awareness campaigns and provision of essential supplies.

2. Collaborating with local partners to promote economic self-reliance through skills training.

3. Strengthening ties between the UK and The Gambia through fundraising and volunteer opportunities.

As set out in the Constitution for the Charity, any new trustees will be appointed by a wider group of interested people. This group is what we call ‘partners of NLCC’ and their mandate is to appoint, when necessary, any new trustees to the Board of Trustees along with the existing ones. They would not carry any responsibility of the trustees as their only role and responsibility is to appoint new trustees when applicable. All Partners of NLCC are welcome to join with the trustees in all the Board meetings that take place.

Trustee induction and training

New Trustees receive an induction which includes a briefing: their legal obligations as Trustees under charity law, the Charity Commission guidance on public benefit, information regarding the content of the Memorandum and Articles of Association, key policies and procedures, the organisational structure and decision-making processes and the recent financial performance of the charity. Trustees are encouraged to attend appropriate external training events which will facilitate the undertaking of their role.

Partners of NLCC

Trustees are appointed by a wider group of people who are actively involved in the charity along with existing trustees and have a range of expertise necessary to the success of the work comprising of: -

Ceri Lennon – HR Manager Sylvia Morgan – Retired Teacher Samantha O’Connell – Finance Sian Wade – Minister and Community Worker Pam Chard - Retired district nurse Heather Beedham – Retired nurse

Achievements and Performance (August 2023 - July 2024)

During the reporting period, New Life Children Centre made significant progress in achieving its objectives:

1. Educational Impact:

• Over 700 children were sponsored across our two schools, receiving quality education over the year

• Successfully launched an extracurricular program, including arts, sports, and literacy initiatives.

• Funded teacher training workshops to enhance teaching quality through our NLCC partners.

• Our schools come amongst the top in the country, with an aggregate of 6

2. Community Development:

• Distributed essential supplies, including school uniforms, textbooks, and hygiene kits, to families in the Gambia Villages

• Implemented a clean water project benefiting the school communities and surrounding areas.

• Volunteer and UK-Based Support:

• Engaged UK-based supporters through fundraising events, raising awareness of the charity’s work.

• Regular Trips to the Gambia organised by the charity to volunteer in the school, local health clinics and to provide support in building projects.

• Volunteering opportunities in our Charity shop in Newark continued to grow

Financial Review

Income: The charity’s total income for the reporting period was. £197,218.37 This was primarily generated through:

• Donations from individual supporters and corporate sponsors.

• Monthly Sponsorship from supporters

• Fundraising events held in the UK.

Expenditure: Expenditures totalled £218,870.66, with funds allocated as follows:

• Educational resources and school operations: £34,693.19

• Community development projects: £28,394.00

• Administrative and operational costs: £155,783.47

The charity achieved a net loss of £21,652.29.

Reserves Policy: Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emergency repairs and other expenditure. The Trustees have established in their Reserves Policy that the charity reserves should cover 3 months of essential operating costs to cover the continued operation of the charity in the event of a reduced level of income for any reason. The reserve fund would be £25,000 (D1.500,000).

---

Plans for the Future

For the upcoming year, New Life Children Centre aims to:

• Expand enrolment to reach more children, particularly those in remote areas.

• Building of a New location School in Faraba

• Develop a sustainable agriculture program to support school meals and community nutrition in the new location school

• To encourage the ongoing advancement of the Christian religion within the schools

• The continued staff training programmes to ensure a high level of teaching across our schools.

• Repair and update of both school premises.

• Seeking more media promotional resources for promoting the charity and the work in Africa

Statement of Trustees' Responsibilities

The Trustees are responsible for preparing an Annual Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires them to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, for that period. In preparing the financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

● state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

● prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The Board of Trustees recognise the need for effective management of the key risks faced by the charitable company. They also recognise that risk management is something that has to happen constantly and continually on an informal basis at all levels.

The objectives of New Life Children’s Centre risk management strategy are to:-

• Raise awareness of the need for risk management;

• Minimise loss, disruption, damage and injury and reduce the cost of risk, thereby maximising resources;

• Inform policy and decision making by identifying risks and their likely impact.

These objectives are achieved by:

• Establishing clear roles, responsibilities and reporting lines within the organisation for risk management

• Effective communication with, and the active involvement of, Trustees, Key Volunteers and the School Management.

• Monitoring arrangements on an ongoing basis

Key processes undertaken are:

• Risk assessments are undertaken, appropriate to the organisation's size and complexity, to match, support and feed back up into the risk register headings and provide evidence that risk is being managed.

Trustees and volunteers (workers) all have a responsibility to identify, assess, and manage risks in their area of work or responsibility. In some areas this might be done informally, without formal record of the actions taken, due to the fast-moving and volunteer nature of the organisation. In most areas however, and in many situations, a more formal risk assessment and management process is in place.

Statement as to disclosure to our independent examiner

In so far as the Trustees are aware at the time of approving our Trustees’ Annual Report:

● there is no relevant information needed by the independent examiner in connection with preparing their report, of which the independent examiner is unaware, and

● the Trustees, having made enquiries of the independent examiner that they ought to have individually taken, have each taken all steps that he/she is obliged to take as a director in order to make themselves aware of any relevant audit information and to establish that the independent examiner is aware of that information.

Acknowledgments

The Trustees express their heartfelt gratitude to all donors, sponsors, volunteers, and partners who have contributed to the success of New Life Children Centre. Your support has made a tangible difference in the lives of children and families in The Gambia.

Signed on behalf of the Trustees:

Kenneth Morgan Chair of Trustees Date: 4[th] March 2025

New Life Children’s Centre

Charity Accounts

12 Months to 31[st] July 2024

(Charity Registration Number: 1065802)

SAVIOUR Accounting, 5 Spring Drive, Fernwood, Newark, Nottinghamshire NG24 3JS Tel: [phone] Email: [e-mail]

New Life Children's Centres

Income and Expenditure Account for the 12 months to 31 July 2024

==> picture [508 x 662] intentionally omitted <==

----- Start of picture text -----
|||||| |---|---|---|---|---| |NatWest and| |Yorkshire|Newark shop| |Banks|cash account|Gambia|Total| |£|£|£|£| |INCOME| |UK Income| |Donations|102,737.54|102,737.54| |Gift Aid|17,171.48|17,171.48| |Shop income|1,853.70|24,974.05|26,827.75| |Fund raising events|0.00|0.00| |Gambia Income| |School income|41,790.89|41,790.89| |Land Income|4,855.51|4,855.51| |Interest|1,231.94|1,231.94| |Miscellaneous|1,965.45|1,965.45| |TOTAL INCOME|121,762.72|24,974.05|49,843.78|196,580.55| |EXPENDITURE| |Salaries|87,858.56|87,858.56| |Social Security / Tax|7,097.84|7,097.84| |Utilities|2,346.90|2,346.90| |Maintenance|8,256.95|8,256.95| |Transport|390.56|390.56| |School fees|975.77|975.77| |Stationery|2,285.97|2,285.97| |Bank charges|1,014.33|1,014.33| |School Equipment|7,197.49|7,197.49| |Rice Appeal Gifts|0.00|0.00| |Special Events Expenses|3,532.59|3,532.59| |Miscellaneous|2,696.10|2,696.10| |Exchange adjustment|4,362.23|4,362.23| |Shop expenses|15,065.57|15,065.57| |Travel|2,691.26|2,691.26| |Publicity|0.00|0.00| |Miscellaneous|14,301.58|14,301.58| |TOTAL EXPENDITURE|32,058.41|0.00|128,015.28|160,073.69| |NET INCOME|89,704.31|24,974.05|(78,171.50)|36,506.86|

----- End of picture text -----

SAVIOUR Accounting, 5 Spring Drive, Fernwood, Newark, Nottinghamshire NG24 3JS Tel: [phone] Email: [e-mail]@saviouraccounting.co.uk

Email: [e-mail]@saviouraccounting.co.uk

New Life Children's Centres

Expanded Receipts and Payments Account for 12 months to 31 July 2024

==> picture [486 x 706] intentionally omitted <==

----- Start of picture text -----
|||||| |---|---|---|---|---| |NatWest and| |Yorkshire|Newark shop| |Banks|cash account|Gambia|Total| |£|£|£|£| |RECEIPTS| |UK Receipts| |Donations|102,737.54|102,737.54| |Gift Aid|17,809.30|17,809.30| |Shop income|1,853.70|24,974.05|26,827.75| |Rag Bag Shop Sales|0.00| |Loan - Derek Beal|0.00|0.00| |Fund raising events|0.00|0.00| |Gambia Receipts| |School income|41,790.89|41,790.89| |Land Income|4,855.51|4,855.51| |Interest|1,231.94|1,231.94| |Miscellaneous|1,965.45|1,965.45| |TOTAL RECEIPTS|122,400.54|24,974.05|49,843.78|197,218.37| |PAYMENTS| |Salaries|85,247.02|85,247.02| |Social Security / Tax|7,229.92|7,229.92| |Utilities|2,346.90|2,346.90| |Maintenance|8,256.95|8,256.95| |Transport|390.56|390.56| |Purchase of Land|28,394.00|28,394.00| |School fees|975.77|975.77| |Stationery|2,285.97|2,285.97| |Bank charges|1,014.33|1,014.33| |Repairs & Renewals|26,519.92|26,519.92| |School Equipment|7,197.49|7,197.49| |Building project - Half Dye|0.00|0.00| |Building project - Kanifing|0.00|0.00| |Micellaneous Staff Expenses|507.26|507.26| |Miscellaneous|6,578.48|6,578.48| |Rice Appeal| |Special Events|3,532.59|3,532.59| |Exchange adjustment|4,362.23|4,362.23| |Staff loans paid|2,053.62|2,053.62| |Loan repayment|0.00| |Shop expenses|15,065.57|15,065.57| |Travel|2,691.26|2,691.26| |Publicity|0.00|0.00| |Miscellaneous|14,301.58|14,301.58| |TOTAL PAYMENTS|32,058.41|0.00|186,893.00|218,951.41| |NET PAYMENTS|90,342.13|24,974.05|(137,049.22)|(21,733.04)| |Balances brought forward 31 July 2023|569.45|1,070.45|36,929.90|38,569.80| |TRANSFERS| |Paid in to Bank from shop|25,655.00|(25,655.00)|0.00| |Paid in to Bank from Rag Bag sales|0.00|0.00| |Transfers to The Gambia|(138,000.00)|138,000.00|0.00| |TOTAL TRANSFERS|(112,345.00)|(25,655.00)|138,000.00|0.00| |Balances carried forward 31 July 2024|(21,433.42)|389.50|37,880.68|16,836.76|

----- End of picture text -----

SAVIOUR Accounting, 5 Spring Drive, Fernwood, Newark, Nottinghamshire NG24 3JS Tel: [phone] Email: [e-mail]@saviouraccounting.co.uk

Email: [e-mail]@saviouraccounting.co.uk

New Life Children's Centres

Balance Sheet as at 31 July 2024

==> picture [490 x 646] intentionally omitted <==

----- Start of picture text -----
||| |---|---| |2024| |BANK AND CASH|£| |Virgin Bank|5,879.44| |NatWest Bank|7,187.36| |The Gambia|37,880.68| |Newark shop cash account|389.50| |Total bank and cash|51,336.98| |DEBTORS| |Gift Aid|2,198.93| |Staff loans|672.92| |2,871.86| |LAND AND BUILDINGS| |Kanefing| |Balance brought forward|340,840.53| |Additions|0.00| |Total|340,840.53| |Half Dye| |Balance brought forward|357,815.60| |Additions|0.00| |Total|357,815.60| |Faraba Land| |Balance brought forward|19,912.69| |Additions|28,394.00| |Total|48,306.69| |Total land and buildings|746,962.81| |Total assets|801,171.65| |CREDITORS| |Income Tax and Social Security|550.75| |Shop rent (Newark)|5,000.00| |TOTAL CREDITORS|5,550.75| |NET ASSETS|795,620.90| |GENERAL FUND| |Balance brought forward 31 July 2023|759,114.04| |Excess income over expenditure for the year|36,506.86| |Balance carried forward 31 July 2024|795,620.90|

----- End of picture text -----

NOTE TO INCOME AND EXPENDITURE ACCOUNT AND BALANCE SHEET Exchange adjustment rate movements during the 12 months were between 76.73 to 86.19.

SAVIOUR Accounting, 5 Spring Drive, Fernwood, Newark, Nottinghamshire NG24 3JS Tel: [phone] Email: [e-mail]@saviouraccounting.co.uk

Email: [e-mail]@saviouraccounting.co.uk

New Life Children's Centres

Balance Sheet Notes as at 31 July 2024

==> picture [226 x 82] intentionally omitted <==

----- Start of picture text -----
||| |---|---| |BANK AND CASH BALANCES| |Bank - NatWest|7,187.36| |Bank - Virgin|5,879.44| |Bank - Gambia|37,880.68| |Cash|389.50| |TOTAL MONETARY ASSETS|51,336.98|

----- End of picture text -----

==> picture [380 x 579] intentionally omitted <==

----- Start of picture text -----
||||| |---|---|---|---| |LOANS TO STAFF|DALASI|EXCHANGE RATE| |Loans brought forward|252,000.00|76.73|opening| |Loans paid|10,000.00|81.32|average| |Staff Loans provision|(127,000.00)|86.19|closing| |Loan repayments|77,000.00|81.32|average| |Loans carried forward|58,000.00|86.19|closing| |135,000.00|135,000.00| |SALARIES AND STAFF LOANS| |Opening debtor - staff loans|3,284.46| |Payments - salaries and staff loans|85,247.02| |Loan repayments estimate| |Closing debtor - staff loans|672.92| |Provision| |Extra on salary paymetnts| |Net expenditure|87,858.56| |88,531.48|88,531.48| |INCOME TAX AND SOCIAL SECURITY - STERLING| |Opening creditor|682.83| |Payments|7,229.92| |Net expenditure|7,097.84| |Closing creditor|550.75| |7,780.66|7,780.66| |INCOME TAX AND SOCIAL SECURITY - DALASI| |Closing creditor - Dalasi|47,469.37| |Closing Exchange rate|86.19| |Closing creditor - Sterling|550.75| |GIFT AID| |Debtor brought forward 31 July 2023|2,836.75| |Receipts during the year|17,809.30| |Net cash movement|17,171.48| |Debtor carried forward 31 July 2024|2,198.93| |20,008.23|20,008.23| |SHOP EXPENSES CREDITOR| |Opening Creditor|5,000.00| |Payments|15,065.57| |Net expenditure|15,065.57| |Closing Creditor|5,000.00| |20,065.57|20,065.57|

----- End of picture text -----

SAVIOUR Accounting, 5 Spring Drive, Fernwood, Newark, Nottinghamshire NG24 3JS Tel: [phone] Email: [e-mail]@saviouraccounting.co.uk

Email: [e-mail]@saviouraccounting.co.uk

Inde endent examlner's re istered Charlt 1065802 ort to the trustees of New Life Children's Centres I report to the trustees on my examlnatlon of the accounts of the New Llfe ChSldren's Centres (the Trust} for the year ended 31" July 2024. Res onslbllltles and basls of re ort As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act'l. I report in respect of my examination of the Trust'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 bv the Charity Commission under settion 14515llb) of the Act. Inde endent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 8ivin8 me cause to believe that in any material respect: l. accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or 2. the accounts do not accord with those records. I have no concerns and have come across no other mattL):. in connection with the examination to which attention should be drawn in this report ill ord tr:. o enable a proper understanding of the accounts to be reached, Slgned: Name: Jon Broughton Relevant professlonal qualification or membershlp of professlonal bodles (If any): None Address: 99 Farndon Road, Newark, Notts, NG24 4SQ Date: 22. May 2025 Confldential