2022-03-31-accounts

COMPANY REGISTRATION NUMBER: 03680002 CHARITY REGISTRATION NUMBER: 1074780

New Life Church (Suffolk) Company Limited by Guarantee Unaudited Financial Statements

31 March 2022

ADEPTA LIMITED

Chartered Certified Accountants Suite 3, Crown Point Estate Kirby Road Kirby Bedon Norwich Norfolk NR14 7DU

New Life Church (Suffolk)

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2022

	Page
Trustees' annual report (incorporating the director's report)	1
Independent examiner's report to the trustees	6
Statement of financial activities (including income and
expenditure account)	7
Statement of financial position	8
Notes to the financial statements	9

New Life Church (Suffolk)

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2022

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2022.

Reference and administrative details

Registered charity name New Life Church (Suffolk) Charity registration number 1074780 Company registration number 03680002 Principal office and registered 4 Pochard Close office Stowmarket Suffolk IP14 5EX The trustees Mr J Fenning Mr S D W Ginns Mr A Davies Rev. M Smith Rev. A Elmes (Resigned 4 May 2022)

Independent examiner Karl Jermyn, FCA Adepta Limited Suite 3, Crown Point Estate Kirby Road Kirby Bedon Norwich Norfolk NR14 7DU

1

New Life Church (Suffolk)

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

Achievements and performance

As a ministry we are now moving forward with all our in person events. Many of our projects operate in different ways and different places since the pandemic. (New Season New Way)

We as trustees are now actively looking for somewhere for us to buy or rent, for us to operate from. (Our Dream Centre) Family church moved to a new location; Stowmarket Scout centre in August 2021.

Most people have returned and we have had several visitors. We have continued with Sunday church online, with a pre-recorded message which is set to go live at 10:30am every Sunday on Youtube, Facebook & Vimeo.

House of prayer continues online via Facebook & Connect continues via zoom, and in person. Youth work will finish in July 2022 in its present form and we are looking for new youth workers.

The foodbank continues in its new location, Blacksmith Meadow, Combs Lane.

The church office finishes at community centre July 2022, moving into 4 Pochard Close on a temporary basis.

Family support work is continuing visiting people, offering friendship & support, both to families in and out of church. Family church and foodbank giving has been continuing online through KindLink, our giving platform and also in person, now we are back in the building. The demand for help from the foodbank increased during the pandemic, slowed down over the summer but is beginning to increase again. We are continuing to run the foodbank Monday to Friday, with donations dropped off at our donation points in local supermarkets and at the community Centre, rather than the foodbank itself.

Our mission work in Africa continues in Rwanda, supporting New Life School feeding project for children every school day, through Africa New Life. Working with Pastor John Ndhuro, holding Pastors and Leaders conferences on zoom.

In Uganda, we are running foodbanks in Masaka and Budaka to support people in poverty. Running one day conferences with Pastor Sam Sombi in different towns around Uganda to train Pastors and leaders of local churches on zoom. We are also helping Pastor Sam Sombi building his family home on land his family own in Busia area of Uganda.

2

New Life Church (Suffolk)

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

Financial review

New Life Church (Suffolk) received funding from donations and grants. The total of incoming resources were £209,907 (2021:£248,512).

Outgoing resources were £160,070 (2021: £156,747) which were spent on the management and delivery of the charity's aims.

The Church made charitable donations during the year of £39,694 (2021: £48,664).

Another vehicle was purchased in the year for the use of the foodbank to make deliveries during the coronavirus lockdown.

The total funds carried forward at the end of this accounting period were £ up from £183,611 in the previous year.

Objectives and activities

Public Benefit

The provision of Christian church activities for the people of Stowmarket and the surrounding area. Raising funds for distribution for charitable purposes. Running a food bank for the benefit of the local community.

3

New Life Church (Suffolk)

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

Structure, governance and management

Trustees' responsibilities statement

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity 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 applicable Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material

• departures that must be 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 Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

4

New Life Church (Suffolk)

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

The trustees' annual report was approved on 16 September 2022 and signed on behalf of the board of trustees by:

Rev. M Smith Trustee

5

New Life Church (Suffolk)

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of New Life Church (Suffolk)

Year ended 31 March 2022

I report to the trustees on my examination of the financial statements of New Life Church (Suffolk) ('the charity') for the year ended 31 March 2022.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Karl Jermyn, FCA Adepta Limited Independent Examiner

Suite 3, Crown Point Estate Kirby Road Kirby Bedon Norwich Norfolk NR14 7DU

6

New Life Church (Suffolk)

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 March 2022

			2022		2021
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	5	142,985	66,818	209,803	248,455
Charitable activities	6	104	–	104	57
		--------------------------------	---------------------------	--------------------------------	--------------------------------
Total income		143,089	66,818	209,907	248,512
		================================	===========================	================================	================================
Expenditure
Expenditure on raising funds:
Costs of raising donations and
legacies	7	54,566	47,633	102,197	115,098
Costs of other trading activities	8	43,525	14,346	57,873	41,649
		--------------------------------	---------------------------	--------------------------------	--------------------------------
Total expenditure		98,091	61,979	160,070	156,747
		================================	===========================	================================	================================
		--------------------------------	---------------------------	--------------------------------	--------------------------------
Net income and net movement in funds		44,998	4,839	49,837	91,765
		================================	===========================	================================	================================
Reconciliation of funds
Total funds brought forward		115,953	67,658	183,611	91,846
		--------------------------------	---------------------------	--------------------------------	--------------------------------
Total funds carried forward		160,951	72,497	233,448	183,611
		================================	===========================	================================	================================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 9 to 17 form part of these financial statements.

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New Life Church (Suffolk)

Company Limited by Guarantee

Statement of Financial Position

31 March 2022

		2022	2021
	Note	£	£
Fixed assets
Tangible fixed assets	14	41,295	16,599
Current assets
Debtors	15	14,002	12,363
Cash at bank and in hand		187,772	165,265
		--------------------------------	--------------------------------
		201,774	177,628
Creditors: amounts falling due within one year	16	9,621	10,616
		--------------------------------	--------------------------------
Net current assets		192,153	167,012
		--------------------------------	--------------------------------
Total assets less current liabilities		233,448	183,611
		--------------------------------	--------------------------------
Net assets		233,448	183,611
		================================	================================
Funds of the charity
Restricted funds		72,497	67,658
Unrestricted funds		160,951	115,953
		--------------------------------	--------------------------------
Total charity funds	19	233,448 ================================	183,611 ================================

For the year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 16 September 2022, and are signed on behalf of the board by:

Rev. M Smith Trustee

The notes on pages 9 to 17 form part of these financial statements.

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New Life Church (Suffolk)

Year ended 31 March 2022

Company Limited by Guarantee

Notes to the Financial Statements

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 4 Pochard Close, Stowmarket, Suffolk, IP14 5EX.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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New Life Church (Suffolk)

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

• legacy income is recognised when receipt is probable and entitlement is established.

• income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

• income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

• expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.

• expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

• other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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New Life Church (Suffolk)

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	10% straight line
Motor vehicles	-	25% reducing balance
Equipment	-	15% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.

Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

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New Life Church (Suffolk)

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The charity is a company limited by guarantee and does not have share capital. Every member of the charity undertakes to contribute such amounts (not exceeding £10) as may be required in the event of a winding up.

5. Donations and legacies

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Donations
Appeals and donations	139,910	56,818	196,728
Grants
Grants receivable	–	10,000	10,000
Government grant income	3,075	–	3,075
	--------------------------------	---------------------------	--------------------------------
	142,985	66,818	209,803
	================================	===========================	================================
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
	£	£	£
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
	================================	================================	================================

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New Life Church (Suffolk)

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

6. Charitable activities

		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Sales of purchased goods	104	104	57	57
		==============	==============	==============	==============
7.	Costs of raising donations and	legacies
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
			£	£	£
	Donations - foodbank purchases		–	5,013	5,013
	Wages and salaries		–	26,499	26,499
	Pension costs		1,554	–	1,554
	Rent		5,553	6,601	12,154
	Bank charges		–	–	–
	Repairs & maintenance		76	3,645	3,720
	Insurance		204	273	477
	Motor/travel costs		2,759	4,368	7,127
	Telephone		513	137	650
	Other office costs		1,670	850	2,519
	Charitable donations		39,694	–	39,694
	Sundry expenses		1,597	247	1,844
	Accountancy		946	–	946
			---------------------------	---------------------------	--------------------------------
			54,566	47,633	102,197
			===========================	===========================	================================
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			£	£	£
	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
			===========================	===========================	================================

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New Life Church (Suffolk)

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

8. Costs of other trading activities

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Wages and salaries	27,859	–	27,859
Trustees remuneration	13,169	6,405	19,574
Other office costs	118	–	118
Depreciation	2,379	7,941	10,322
Profit on sale of fixed assets	–	–	–
	---------------------------	---------------------------	---------------------------
	43,525	14,346	57,873
	===========================	===========================	===========================
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
	£	£	£
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 of fixed assets	(2,205)	–	(2,205)
	---------------------------	---------------------------	---------------------------
	25,373	16,276	41,649
	===========================	===========================	===========================

9. Taxation

The charity is a registered charity and is therefore exempt from taxation.

10. Net income

Net income is stated after charging/(crediting):

	Net income is stated after charging/(crediting):
		2022	2021
		£	£
	Depreciation of tangible fixed assets	10,321	4,105
		===========================	=======================
11.	Independent examination fees
		2022	2021
		£	£
	Fees payable to the independent examiner for:
	Independent examination of the financial statements	960	960
		==============	==============

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New Life Church (Suffolk)

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

12. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as	The total staff costs and employee benefits for the reporting period are analysed as	follows:
	2022	2021
	£	£
Wages and salaries	73,932	74,748
Social security costs	-	-
Employer contributions to pension plans	1,554	1,497
	---------------------------	---------------------------
	75,486 ===========================	76,245 ===========================

The average head count of employees during the year was Nil (2021: 6). The average number of full-time equivalent employees during the year is analysed as follows:

	2022	2021
	No.	No.
Number of staff	6	6
	==============	==============

No employee received employee benefits of more than £60,000 during the year (2021: Nil).

13. Trustee remuneration and expenses

During the year the charity made the following transactions with trustees:

Rev. Michael Smith

The Trustee Rev. Michael Smith received remuneration of £19,573 (2021: £19,094).

During the year Mrs Hazel Smith, the wife of Rev. Michael Smith received remuneration of £19,573 (2021: £19,094).

Mr Adrian Davies

The Trustee Mr A Davies received remuneration of £5,871 (2021: £5,728).

During the year Mrs Caroline Davies, the wife of Mr Adrian Davies received remuneration of £17,126 (2021: £16,708)

No other trustees, nor persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

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New Life Church (Suffolk)

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

14. Tangible fixed assets

		Short
		leasehold	Motor
		property	vehicles	Equipment	Total
		£	£	£	£
	Cost
	At 1 April 2021	2,261	13,760	46,607	62,628
	Additions	–	18,395	16,621	35,016
		-----------------------	---------------------------	---------------------------	---------------------------
	At 31 March 2022	2,261	32,155	63,228	97,644
		=======================	===========================	===========================	===========================
	Depreciation
	At 1 April 2021	2,261	5,954	37,813	46,028
	Charge for the year	–	6,551	3,770	10,321
		-----------------------	---------------------------	---------------------------	---------------------------
	At 31 March 2022	2,261	12,505	41,583	56,349
		=======================	===========================	===========================	===========================
	Carrying amount
	At 31 March 2022	–	19,650	21,645	41,295
		=======================	===========================	===========================	===========================
	At 31 March 2021	–	7,806	8,794	16,600
		=======================	===========================	===========================	===========================
15.	Debtors
				2022	2021
				£	£
	Prepayments and accrued income			14,002	12,363
				===========================	===========================
16.	Creditors: amounts falling due within	one year
				2022	2021
				£	£
	Accruals and deferred income			9,621	9,816
	Social security and other taxes			–	800
				-----------------------	---------------------------
				9,621 =======================	10,616 ===========================

17. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,554 (2021: £1,497).

18. Government grants

The amounts recognised in the financial statements for government grants are as follows:

	2022	2021
	£	£
Recognised in income from donations and legacies:
Government grants income	3,075	7,355
	=======================	=======================

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New Life Church (Suffolk)

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

19. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
	At			At
	1 April 2021	Income	Expenditure	31 Mar 2022
	£	£	£	£
General funds	115,953	143,089	(98,091)	160,951
	================================	================================	===========================	================================
	At			At
	1 April 2020	Income	Expenditure	31 Mar 2021
	£	£	£	£
General funds	57,037	141,269	(82,353)	115,953
	===========================	================================	===========================	================================
Restricted funds
	At			At
	1 April 2021	Income	Expenditure	31 Mar 2022
	£	£	£	£
Stowmarket Food Bank	67,658	66,818	(61,979)	72,497
	===========================	===========================	===========================	===========================
	At			At
	1 April 2020	Income	Expenditure	31 Mar 2021
	£	£	£	£
Stowmarket Food Bank	34,809	107,243	(74,394)	67,658
	===========================	================================	===========================	===========================

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