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|Trustees'
annual
report (incorporating||the|director's|report)||
|Independent
examiner's
report to the||trustees||||
|Statement offinancial|activities (including||income and|||
|expenditure
account)||||||
|Statement offinancial|position|||||
|Notes to the financial|statements|||||
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|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|||||
||||||IP14SEX|||||
|The trustees||||||||||
||||||MrJ Fenning|||||
||||||Mr S D W Ginns|||||
||||||Mr A Davies|||||
||||||Rev. M Smith|||||
|Independent||examiner|||Karl Jermyn,|FCA Jermyn||&CoAccountants|Limited|
||||||Unit 3 Hill Farm|||||
||||||Kirby Road|||||
||||||Kirby Bedon|||||
||||||Norwich|||||
||||||Norfolk|||||
||||||NR14 7DU|||||
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|||||Y|ear end|ed 31 March|2023|||
|---|---|---|---|---|---|---|---|---|---|
||||||||2023||2022|
|||||||Unrestricted|Restricted|||
||||||Note|funds
8|funds
8|Total funds
f|Total funds|
|Income and|endowments|||||||||
|Donations
and legacies|||||5|107,994|75,255|183,249|209,803|
|Charitable
activities|||||6|178||178|104|
|Total income||||||108,172|75,255|183,427|209,907|
|Expenditure||||||||||
|Expenditure|on raising funds:|||||||||
|Costs|of raising|donations||and||||||
|legacies|||||7|59,524|37,096|96,620|102,197|
|Costs|ofother|trading|activities||8|46,682|24,658|71,340|57,873|
|Total expenditure||||||106,206|61,754|167,960|160,070|
|Net income|and net movement|||in|funds|1,966|13,501|15,467|49,837|
|Reconciliation
offunds||||||||||
|Total funds|brought|forward||||160,951|72,497|233,448|183,611|
|Total funds|carried|forward||||162,917|85,998|248,915|233,448|
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||31 March 202|3|||
|---|---|---|---|---|
|||Note|2023
8|2022
f|
|Fixed assets|||||
|Tangible fixed assets||14|34,022|41,295|
|Current assets|||||
|Debtors||15|13,938|14,002|
|Cash at bank and in|hand||212,042|187,772|
||||225,980|201,774|
|Creditor: amounts|falling due within one year|16|11,087|9,621|
|Net current assets|||214,893|192,153|
|Total assets less current liabilities|||248,915|233,448|
|Net assets|||248,915|233,448|
|Funds ofthe charity|||||
|Restricted funds|||85,998|72,497|
|Unrestricted
funds|||162,917|160,951|
|Total charity funds||19|248,915|233,448|
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||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|
||||Funds
f|Funds|2023
8|
|Donations||||||
|Appeals|and|donations|107,994|65,255|173,249|
|Grants||||||
|Grants|receivable|||10,000|10,000|
|Government||grant income||||
||||107,994|75,255|183,249|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
||||f|8|8|
|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|
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|Charitable
a|ctivities||||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2023|Funds|2022|
|||||||6|6||
|Sales ofpurchased||goods|||178|178|104|104|
|Costs ofraising donations||||and|legacies||||
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds
f|Funds
F|2023
6|
|Donations -|foodbank||purchases||||7,933|7,933|
|Wages and|salaries||||||18,567|18,567|
|Rent||||||5,081|3,219|8,300|
|Pension costs||||||1,894||1,894|
|Repairs &maintenance||||||2,223|952|3,175|
|Insurance||||||1,759||1,759|
|Motor/travel|costs|||||4,225|4,05B|8,281|
|Telephone||||||547|318|865|
|Other office|costs|||||364|819|1,183|
|Charitable
donations||||||42,452|1,232|43,684|
|Accountancy||||||979||979|
|||||||59,524|37,096|96,620|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds
f|Funds|2022
f|
|Donations -|foodbank||purchases||||5,013|5,013|
|Wages and|salaries||||||26,499|26,499|
|Pension costs||||||1,554||1,554|
|Rent||||||5,553|6,B01|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|2,520|
|Charitable
donations||||||39,694||39,694|
|Sundry expenses||||||1,597|247|1,844|
|Accountancy||||||946||946|
||||||||47,633|102,197|
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|Costs of|other trading activities||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds
f|Funds|2023
8|
|Wages and salaries||6,308||6,308|
|Trustees'|remuneration|38,248|18,518|56,766|
|Depreciation||2,126|6,140|8,266|
|Progt on|sale offixed assets||||
|||46,682|24,658|71,340|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|||f|F.||
|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 offixed assets||||
|||43,525|14,346|57,873|
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||||||2023
8|2022
f|
|---|---|---|---|---|---|---|
||Depreciation|oftangible fixed assets|||8,266|10,321|
|11.|Independent|examination|fees||||
||||||2023|2022|
||||||8||
||Fees payable|to the independent||examiner for:|||
||Independent|examination|ofthe|financial statements|979|946|
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|14.|Tangible fixed asset|s|||||
|---|---|---|---|---|---|---|
||||Short||||
||||leasehold|Motor|||
||||property
f.|vehicles
f|Equipmentf|Total
f|
||Cost||||||
||At 1 April 2022||2,261|32,155|63,228|97,644|
||Additions||||993|993|
||At 31 March 2023||2,261|32,155|64,221|98,637|
||Depreciation||||||
||At 1 April 2022||2,261|12,504|41,583|56,348|
||Charge for the year|||4,913|3,354|8,267|
||At 31March 2023||2,261|17,417|44,937|64,615|
||Carrying amount||||||
||At 31March 2023|||14,738|19,284|34,022|
||At 31 March 2022|||19,651|21,644|41,295|
|15.|Debtors||||||
||||||2023
f|2022
f|
||Prepayments
and accrued income||||13,938|14,002|
|16.|Creditors: amounts|falling due within|one year||||
||||||2023
f|2022
f|
||Accruals and deferred|income|||11,087|9,621|
||Social security and other taxes||||||
||||||11,087|9,621|
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|Analysis of|charitable
funds|||||
|---|---|---|---|---|---|
|Unrestricted|funds|||||
|||At|||At|
|||1 April 2022
f|Income
f|Expenditure
f|31Mar 2023
f|
|General funds||160,951|108,172|(106,206)|162,917|
|||At|||At|
|||1 April 2021
f|Income
f|Expenditure
F|31 Mar 2022
f|
|General funds||115,953|143,089|(98,091)|160,951|
|Restricted funds||||||
|||At|||At|
|||1 April 2022
f|Income
f|Expenditure
f|31Mar 2023
f|
|Stowmarket|Food Bank|72,497|75,255|(61,754)|85,998|
|||At|||At|
|||1 April 2021
f|Income
f|Expenditure
f|31 Mar 2022
f|
|Stowmarket|Food Bank|67,658|66,818|(61,979)|72,497|