2021-03-31-accounts

					Page
Trustees' annual report (incorporating		the	director's	report)
Independent examiner's report to the		trustees
Statement of financial activities	(including		income and
expenditure account)
Statement of financial position
Notes to the financial statements

Registered		charity	name	name	New Life Church	New Life Church	(Suffolk)
Charity registration			number		1074780
Company	registration			number	03680002
Principal office and			registered		4 Pochard Close
office					Stowmarket
					Suffolk
					IP145EX
The trustees
					MrJ Fenning
					MrS D W Ginns
					Mr A Davies
					Rev. M Smith
					Rev. A Elmes
Independent		examiner			Karl Jermyn,	FCA Adepta		Limited
					Suite 3,Crown Point Estate
					Kirby Road
					Kirby Bedon
					Norwich
					Norfolk
					NR14 7DU

		Y	ear end	ed 31 March	2021
					2021		2020
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	2	2	2	2
Income and endowments
Donations and legacies			5	141,212	107,243	248,455	130,178
Charitable activities			6	57		57	503
Total income				141,269	107,243	248,512	130,681
Expenditure
Expenditure on raising funds:
Costs of raising donations		and
legacies			7	56,980	58,118	115,098	69,342
Costs of other trading	activities		8	25,373	16,276	41,649	51,806
Total expenditure				82,353	74,394	156,747	121,148
Net income and net movement		in	funds	58,916	32,849	91,765	9,533
Reconciliation offunds
Total funds brought forward				57,037	34,809	91,846	82,313
Total funds carried forward				115,953	67,658	183,611	91,846

		31 March 202	1
				2021	2020
			Note	2	2
Fixed assets
Tangible fixed assets			14	16,599	15,639
Current assets
Debtors			15	12,363	13,185
Cash at bank and in	hand			165,265	71,285
				177,628	84,470
Creditors: amounts	falling	due within one year	16	10,616	8,263
Net current assets				167,012	76,207
Total assets less cunent		liabilities		183,611	91,846
Net assets				183,611	91,846
Funds ofthe charity
Restricted funds				67,658	34,809
Unrestricted funds				115,953	57,037
Total charity funds			19	183,611	91,846

value, over the	useful economic	life of that asset a	s follows:
Short leasehold	property	10%straight	line
Motor vehicles		25%reducing	balance
Equipment		15%reducing	balance
Impairment of	fixed assets

			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
					2
Donations
Appeals	and	donations	133,857	63,733	197,590
Grants
Grants	receivable			43,510	43,510
Government		grant income	7,355		7,355
			141,212	107,243	248,455
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
				2	2
Donations
Appeals	and	donations	85,349	40,829	126,178
Grants
Grants	receivable			4,000	4,000
Government		grant income
			85,349	44,829	130,178

Charitable	activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
					2
Sales of purchased		goods		57	57	503	503
Costs of raising donations			and	legacies
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
							2
Donations -	foodbank purchases					8,951	8,951
Wages and	salaries					35,177	35,177
Pension costs					1,497		1,497
Rent					120	8,870	8,990
Bank charges					25		25
Repairs &maintenance					80		80
Insurance					2,699	544	3,243
Motor/travel	costs				1,725	3,596	5,321
Telephone					676		676
Other office	costs				438	322	760
Charitable donations					48,334	310	48,644
Sundry expenses					440	348	788
Accountancy					946		946
					56,980	58,118	115,098
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
					2	2	2
Donations -	foodbank purchases
Wages and	salaries					22,853	22,853
Pension costs					685		685
Rent					11,473	5,024	16,497
Bank charges					25		25
Repairs & maintenance					1,904	386	2,290
Insurance					1,002		1,002
Motor/travel	costs				6,039	3,479	9,518
Telephone					575		575
Other office	costs				895		895
Charitable donations					10,541	1,189	11,730
Sundry expenses					907	1,465	2,372
Accountancy					900		900
					34,946	34,396	69,342

8.	Costs ofother trading a	ctivities
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
					2
	Wages and salaries		20,477		20,477
	Trustees remuneration		6,271	12,823	19,094
	Other office costs		168	10	178
	Depreciation		662	3,443	4,105
	Profit on sale offixed assets		(2,205)		(2,205)
			25,373	16,276	41,649
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
	Wages and salaries		28,399		28,399
	Trustees remuneration		16,096	2,624	18,720
	Other office costs		859	279	1,138
	Depreciation		3,349	200	3,549
	Profit on sale offixed assets
			48,703	3,103	51,806
9.	Taxation
	The charity isa registered	charity and is therefore exempt from taxation.
10.	Net income

9. 10.	Taxation The charity is Net income	Taxation The charity is Net income	a registered	a registered	charity and is therefore exempt from	charity and is therefore exempt from	taxation.
	Net income is		stated after		charging/(crediting):
							2021	2020
							2
	Depreciation	of tangible		fixed assets			4,105	3,549
11.	Independent		examination		fees
							2021	2020
							2	6
	Fees payable		to the independent			examiner for:
	Independent	examination			ofthe	financial statements	960	960

Staff cos	ts
The total	staff costs and	employee	benefits for the reporting	period are analysed as	follows:
				2021	2020
				2
Wages and salaries				55,654	51,252
Social security costs				19,094	18,720
Employer	contributions	to pension	plans	1,497	685
				76,245	70,657

14.	Tangible fixed asset	s
			Short
			leasehold	Motor
			property	vehicles	Equipment	Total
						2
	Cost
	At 1 April 2020		2,261	12,663	46,607	61,531
	Additions			7,960		7,960
	At 31 March 2021		2,261	20,623	46,607	69,491
	Depreciation
	At 1 April 2020		2,261	7,321	36,310	45,892
	Charge for the year			2,602	1,503	4,105
	Disposals			2,895		2,895
	At 31 March 2021		2,261	12,818	37,813	52,892
	Carrying amount
	At 31 March 2021			7,805	8,794	16,599
	At 31 March 2020			5,342	10,297	15,639
15.	Debtors
					2021	2020
	Prepayments and accrued income				12,363	13,185
16.	Creditors: amounts	falling due within	one year
					2021	2020
	Accruals and deferred	income			9,816	7,159
	Social security and other taxes				800	1,104
					10,616	8,263

Government	grants
The amounts	recognised	in the financial		statements		for	government	grants are as follows:
								2021	2020
								2	2
Recognised	in income from donations		and		legacies:
Government	grants income							7,355
Analysis of	charitable	funds
Unrestricted	funds
										At
						At			31 March	20
				1 April 2020			Income	Expenditure		21
					2		2	2
General funds					57,037		141,269	(82,353)	115,953
										At
						At			31 March	20
				1 April 2019			Income	Expenditure		20
					2		2
General funds					54,834		85,852	(83,649)	57,037
Restricted funds
										At
						At			31 March	20
				1 April 2020			Income	Expenditure		21
					P.		2
Stowmarket	Food Bank				34,809		107,243	(74,394)	67,658
										At
						At			31 March	20
				1 April 2019			Income	Expenditure		20
								2	2
Stowmarket	Food Bank				27,479		44,829	(37,499)	34,809