|||NEW SPRINGS UK|NEW SPRINGS UK| |---|---|---|---| |||A COMPANY|LIMITED BYGUARANTEE| ||||CONTENTS| ||||Pages| |Legal and Administrative||Information|| |Report ofthe|Directors||3-8| |Independent|Examiners'|Report|| |Statement of|Financial Activities||10-11| |Balance Sheet|||12| |Notes forming|part ofthe|Financial Statements|13-20| ## ## ## ## ## ## ## |Rev P C Weaver| |---| |E Lockwood| |Rev N Weaver| |RAtkinson| |Mr X Lin| |H M SWeaver| |The NSC Arena| |4 Belton Road West Extension| |Loughbo rough| |Leicestershire| |LE115XH| |Rogers Spencer| |Newstead
House| |Pelham
Road| |Nottingham| |NG5 1AP| |Barclays Bank PLC| |3 Market Place| |Loughborough| |Leicestershire| |LE113EA| |Geldards
LLP| |No 1 Pride Park Place| |Pride Park| |Derby| |DE24 8QR| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||FOR T|HE YEA|R ENDED 31 DEC|EMBER 2021||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted||Total| ||||Notes|Funds|Funds|Total|| |||||2021|2021|2021|2020| ||||||R|R|| |Income|||||||| |Donations||||371,138||371,138|329,409| |Charitable
activities|||||||| |Church activities||||48,309||48,309|24,585| |Other|||||||| |Grant —PACE||||8205||8205|12000| |||||4~276 2||427 652|365 994| |Other operating|income||||||| |Coronavirus
job retention||||40374||40374|43580| |Total income||||468026||468 026|409574| |Expenditure|||||||| |Charitable
activities|||||||| |Operation
ofNew|Springs|UK||319,530|1,121|320,651|284 042| |Governance
costs||||5067||5067|4 585| |Total expenditure||||324 597|1 121|325.718|288627| |Net income/(expenditure)||and net||143429|~1121|142308|120947| |movement
in funds for the year|||||||| |Net movement
in funds||||143,429|(1,121)|142,308|120,947| |Reconciliation
offunds|||||||| |Total funds brought
forward||||750495|1121|751616|630669| |Total funds carried|forward|||89~24||89@24|Z51ji16| |||FOR T|HE YEA|R ENDED 31 DEC|EMBER 2020|| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|| ||||Notes|Funds|Funds|Total| |||||2020|2020|2020| |||||||K| |Income||||||| |Donations||||329,409||329,409| |Charitable
activities||||||| |Church activities||||24,585||24,585| |Other||||||| |Grants|||||12000|12000| |||||353994|12000|365994| |Other operating|income|||||| |Coronavirus
job retention||||43580||43580| |Total income||||397574|12000|409574| |Expenditure||||||| |Charitable
activities||||||| |Operation
of New|Springs|UK||273,163|10,879|284,042| |Governance
costs||||4 585||4585| |Total expenditure||||277 748|10879|288 627| |Net incomel(expenditure)||and net||'119826|1 121|120947| |movement
in funds for the year||||||| |Net movement
in funds||||119,826|1,121|120,947| |Reconciliation
offunds||||||| |Total funds brought
forward||||630 669||630669| |Total funds carried|forward|||Z5~||| ||NEW SPRINGS UK|NEW SPRINGS UK||| |---|---|---|---|---| ||A COMPANY LIMITED BYGUARANTEE|||| ||BALANCE SHEETAS AT 31DECEMBER2021|||| |||2021||2020| ||Notes|||| |Fixed assets||||| |Tangible fixed assets||1,369,149||1,190,442| |Current assets||||| |Debtors||48,020|46,264|| |Cash at bank and in hand||77726|150849|| |||125,746|197,113|| |Creditors falling due||||| |within one year||~21 144|~22498|| |Net current assets||104602||174615| |Total assets less current||||| |liabilities||1,473,750||1,365,057| |Creditors falling due||||| |after more than one year|10|579827||613441| |Net assets||%93.924||051ji16| |Restricted funds||||| |Unrestricted
funds||893,924||750,495| |Restricted funds|13|||1 121| |Total funds||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| |3(a|1). Charitable
activities||funds
f|fundsf|2021f|2020
f| ||Grants made to PACE||13,722||13,722|2,718| ||Ministry support
and expenses||75,396||75,396|81,345| ||Staff salaries (note 6)||64,278||64,278|53,031| ||Charitable
gifts||6,899||6,899|5,924| ||Premises and equipment|costs|13,611||13,611|13,053| ||Management
and administration||52,430|1,121|53,551|50,256| ||Events and activities||29,490||29,490|20,614| ||Mortgage
interest||24,072||24,072|24,190| ||Depreciation||39632||39632|32911| ||||22L63D||3292362|2B62]62| ||||Unrestricted|Restricted|Total|| |3(a2). Charitable
activities|||funds
f|fundsf|2020
f|| ||Grants made to PACE||2,718||2,718|| ||Ministry support
and expenses||81,345||81,345|| ||Staff salaries (note 6)||53,031||53,031|| ||Charitable
gifts||5,924||5,924|| ||Premises and equipment|costs|13,053||13,053|| ||Management
and administration||39,377|10,879|50,256|| ||Events and activities||20,614||20,614|| ||Mortgage
interest||24,190||24,190|| ||Depreciation||32911||32911|| ||||2Z3 1LI||2848)2I2|| ||||Unrestricted|Restricted|Total|Total| |3(b).|Governance costs||funds|funds|2021|2020| |||||f|f|f| ||Independent
examiner's|fee||||| ## ## ||||New Springs|New|Total|Total| |---|---|---|---|---|---|---| |4a.|Allocation ofthe Charitable
Activities||Sunderlandf|Springs
Loughboroughf|2021|2020| ||Income|||||| ||Tithes and offerings and|||||| ||donations||56,985|269,685|326,670|281,144| ||Gift aid receivable||9,347|35,121|44,468|48,266| ||PACE recharges —van hire, etc.|||25,762|25,762|| ||PACE Camp recharges|||10,615|10,615|| ||Other church activities||9,340|10,797|20,137|24,584| ||Other - grants|||||12,000| ||Coronavirus
job retention|grant|14 750|25624|40 374|43 580| ||Total Income|||||| ||Expenditure|||||| ||Grants paid|||9,513|9,513|2,718| ||Ministry support 8 expenses||27,819|49,675|77,494|81,345| ||Staff salaries||10,512|53,765|64,277|53,031| ||Charitable
gifts||3,333|3,438|6,771|5,924| ||Premises and equipment|costs|4,706|8,905|13,611|13,053| ||Management
and administration||18,127|35,424|53,551|50,256| ||Events and activities||520|31,209|31,729|20,614| ||Mortgage interest|||24,073|24,073|24,190| ||Depreciation||6,867|32,765|39,632|32,911| ||Governance
costs|||5087|5067|4585| |||||25%832I|325@18|28L62Z| ||Net movement
in funds|||||| ## ## |4b.|Allocation ofthe Charitable
Activities|Allocation ofthe Charitable
Activities|New Springs
Sunderlandf|New
Springs
Loughborough|Total
2020| |---|---|---|---|---|---| |||||R|| ||Income||||| ||Tithes and offerings and|donations|||| ||Gift aid receivable
Church activities
Other - grants
Coronavirus
job retention|grant|40,645
7,500
9,888
17250|240,499
40,766
14,696
12,000
28330|281,144
48,266
24,584
12,000
43580| ||Total Income||||| ||Expenditure||||| ||Grants paid
Ministry support
Ii' expenses
Staff salaries
Charitable
gifts
Premises and equipment
costs
Management
and administration
Events and activities
Mortgage
interest
Depreciation
Governance
costs||2,718
32,568
2,936
5,209
4,562
7,443
295
6,623|48,777
50,095
715
8,491
42,813
20,319
24,190
26,288
4 585|2,718
81,345
53,031
5,924
13,053
50,256
20,614
20,614
32,911
4585| |||||2262Z3|28L022| ||Net movement
in funds||||| |5.|Net income for the year|||Total
2021|Total
2020| |||||R|| ||The net income is stated after charging:-||||| ||Independent
examiners fees
Depreciation
(Profit on disposal ofvan)|||5,067
39,632|4,585
34,911| ## ## ||||||||NOTES TO TH|E FINANCI|AL STATEIIIIENTS||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||Total|Total|| |6.||StafFcosts and|||trustee remuneration||||||2021|2020
f|| |||Wages and salaries|||||||||||| |||No employees|||received remuneration|||in excess|off60,000 per annum||||| |||The average|number ofemployees was:||||||||2021|2020|| |||Direct charitable|||activities||||||||| |||Two trustees,||who||are|also the key management||personnel,||||| |||received remuneration|||||during the year|as follows:|||2021|2020|| |||||||||||||F|| |||Rev P CWeaver-||||Support|||||42,846|43,933|| |||||||Pension contribution|||||4,731|4,784|| |||Rev N Weaver-|||salary||||||30,000|30,000|| |||||||Pension contributions|||||3578|2566
~45|| |7.||Tangible fixed||assets|||||||||| ||||||||||Freehold||Fixtures,||Total| ||||||||||land and||fittings,||| ||||||||||buildings|¹|plant 8||| ||||||||||||machinery||| |||Cost|||||||||||| |||At 01/01/2021|||||||1,180,521||186,588||1,367,109| |||Additions
Disposals|||||||213,192||5,147||218,339| |||At 31/12/2021|||||||||||~85~| |||Oepreciation|||||||||||| |||At 01/01/2021|||||||24,921||151,746||176,667| |||On disposals|||||||||||| |||Charge for the
At 31/12/2021||year|||||12637
~i56||26 995
~92||39632| |||Net book value|||||||||||| |||At 31/12/2021|||||||||||| |||At 31/12/2020|||||||||||| ||¹|see notes 9and|||10||||||||| ## ## ## ## ## |13a.|Restricted|funds|movements|—year ended|31December 2021|31December 2021|| |---|---|---|---|---|---|---|---| |||||Incoming
f||Outgoing
P|Balance 31 Dec| ||National|Lottery|Community||1,121|(1,121)|| ||fund||||||| ||||Incoming||Outgoing|Balance 31 Dec| |---|---|---|---|---|---|---| |National|Lottery|Community||10,000|(8,879)|1,121| |fund||||||| |Samaritan*s|Purse|||2 ODO|~2DOO|| ||||||~BZB)|| ## ##