#
##
##
##
##
||||||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||
##