COMPANY REGISTRATION NUMBER: 03680002 CHARITY REGISTRATION NUMBER: 1074780 New Life Church (Suffolk) Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 JERMYN & CO ACCOUNTANTS LIMITED Chartered Accountants Unit 3 Hill Farm Kirby Road Kirt)y Bedon NOlCh Norfolk NR14 7DU
New Life Church (Suffolk) Company Llmlted by Guarantee Flnanclal Statements Year endod 31 March 2025 Page Trustees, annual report (incorporating the directorfs report) Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) statement of financial position Notes to the financial statements
New Life Church (Suffolk) Company Limited by Guarantse Trustees. Annual Report (Incorporatlng the Dlrectoffs Roport) Year endod 31 March 2025 The trustee5. vtho are aLso the directors for the purposes of company law, present their f8POrt and the unaudlted financial statements of the charity for Ihe year ended 31 March 2025. Roforonce and admlnlstrallv• dotalls Roglst•rad charlty nam• New Lrfe Church (Suffolk) Charfty rngistratlon numbor 1074780 Company roglstratlon nurnr 03680002 Prlnclpal offlce and r•glsternd Red Gables Ipswich Road Suffolk IP14 1BE Tho Trusto•s Mr J Fenning MrSDWGlnns Mr A Davies {reslgn8d 4 Jun8 2024) Rev. M Smith Mr R Tovell (apw)inted 18 September 2024 Mr D knher (appoint1 18 September 2024 Indopondont •xamlner Karf Jermyn. FCA Jennyn & Co Accountants Llmlted Unit 3 Hill Farn Kirby Road Kirby Bedon NOlth Norfolk NR14 7DU
New Life Church (Suffolk) Company Limited by Guarantse Trustees. Annual Report (Incorporatlng the Dlrectorfs Report) (¢onUn Year ended 31 March 2025 Achl•v•monts and p•rformane• Durlng the year New Life Famity Church contlnu8s at the Scout center every Sund8y moming with Kids church. As from January 2025 we now live stream church on YouTube & Facebook Ivering our Intemallonal audiencel giving us more ¢tact In Uganda Rwanda, wth church8S W8 planted over the years during Iwr visits. Hous8 of Prayer every Wednesday. Vba Facebook Llve has over 200 average follow8rs. church famlly growing w811 In 2025. Foodbank project continues to meet local food pov8ty needs through this outreach. Top up Shop: Tuesday & Wednesday momlngs help with weekly support oncg ui5i8 SOrt•d. end of day goods Adi Lidl & dented tins etc. Afrlea work We are actlV8ly worklng in Bugasara Rwanda, Passion Atlve Church, PastorJohn Ndhiro., sewing project with 10 local women; tralnlng & providing work. We hold Leaders conferences & couples conferences by Zoorn to bless th8 community. Passion Allve also managg our Rwanda Foodbank relieving poverty and sharing th8 chrf8an faith in the communty. Uganda; Pastor Sam Sombi, Hilltop, Busia & Masaka, supportlng Financialty Bulldlng Proled for new church meeting., 450-seater main worship area plus Bibl8 school rcK*msl Just completed roofing works. Mission house Is now complete and we have supported. cows and plgs for pastor Sam's small fam project. Localty In January 2025- w8 launched a new Youth project in Stowmarko( meeting on a monthly bas15. Adrian & Carollne Davies left the charfty August 2024. to support a local church at Eye Suffolk. Our core team Richard & Alson Fennlng with David & Gwen Archer hav8 Stepped in to fill the gap In our minlsty and support Pastors Mike & Hazel. We have in January 2025 appointed new Worship Team for Famlly Church covering Liv8 music every Sunday, Chris & Von Laughlin from Ipswich. We continue to work wlth Stowmarket churches together. on local 8v8nts and communlty fun days. Flnanclol rovl•w New Lifè Church (Suffolk) received funding from donatK)ns and grants. The total of incorning rosources was £158.987 (2024: £171.075). Outgoing resources wer8 £153.476 (2024: £179.234) whith vrnre sp8nt on the management and delhery of the charitys aims. The Church mad8 charitable donations during the year of £29,500 (2024: £42.684). The totsl fund$ carried forward at the end of thls accounting period were £246,267 an Increase from £240.756 In the previous year.
New Life Church (Suffolk) Company Llmltsd by Guarantse Trustees. Annual Report (Incorporating the Dlrectorfs Report) {coftdniM Year ended 31 March 2025 ObJectlv•s and actmtl Public Benefft The provision of Chrlstian church activibes for the people of Stowmarket and the surrounding area. Ralslng funds for dlstribution for charitable purposes. Running a food bank for the benefit of th8 local communty Structur•. gov•manc• and manag•mont Trustees. responsibilltl8s statement The charlty trusta85 aro responsible for preparing a trustees, annual report and financlal statem8nts in accordanc8 wtth applicable law and United lfjngdom Accounting Standards (United lfjngdom Generally Acceptsd Accounting Practice). The law applicabl8 to charities in England and Wales requir8s th8 charity trustees to prepare financial ststements for each yaar which give a lJue and fair view of the state of affairs of the charity and of the incomlng r8sources and applIon of resourc8s, of the charity for Ihat period. In pr8parirvJ the financial ststements. the trustsgs are required to: Select suitable accounUng polici8s and then apply them conslstsnty, observe the methods and prlncipl8s in the applicable chaeS SORP: make judgements and estlmat85 Ihat are reasonable and prudent stats whether applicable accounting standards have been followed, subject to any rnaterial departure5 that must be dlsclosed and explained in the financial ststements" prepar8 the financial stat8ments on the going concern basis unless it is inappropriata to presuma that the charity wll continue in business. The trusteas are r8sponsibl8 for keeping proper accounting r8wryls that disclose wlth rnasonable a¢curacy at any tim8 the financAal position of the charity and to enable them to ensure that the financial statements comply wtth the Charities Act 2011. the applicable Charities (Accounts and Reports> Regulations. and the provisions of the Trust deed. They are also responslble for saf8guarding the assets of th8 charity and taking reasonable steps for the prevenllon and d8tection of fraud and other irragulartti8S. The trust88s are responsible for th8 maintenance and integrity of the charty and financial information included on th8 charity's website In accordance with legislation in the United Kingdom governing the preparation and dissemination offlnancial statements. Small company provlslons This report has been prepared In acix)rdance with the provisions appllcable to companies entitled to Ihe small c¥>mpanies exemption.
New Life Church (Suffolk) Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Dlrectorfs Report) (¢ondnu Year ended 31 March 2025 The trustses, annual rgport was approved on 23 Soptember 2025 and swJned on behaff of the board of trustees by: Rev. M Smlth Trustee
New Life Church (Suffolk) Company Llmltod by Guarantse Independent Examlnerfs Report to the Trustses of New Llfe Church (Suffolk) Year ended 31 March 2025 I report to th8 trustees on my examination of th8 financial statements of New Life Church (Sulrolk) (Ih8 charity) for the year endgd 31 March 2025. RMponslbllltlo8 and basls of r•port As the trustses of the company (and also its directors for th8 purpos8s of mpanY law) you are re8ponslble for the preparation of the financial statements In accordanlx with the requirements of the Companles Act 2006 {The 2006 Act.). Hn9 satisfi8d mys8lf that the accounts of the company ar8 not required to be audrted 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 (Ihe 2011 Act,). In carrying out my examinati¢Jn 5 have followed the Directions given by the Charlty Commlssion under section 145{5}Ib) of the 2011 Act. Indepondont oxamln•f8 Stat•m•nt I have completed my examination. I confimi that no matters have come to my attention in connectlon wrf(h the examinaoon gtving m8 cause to believe: accounting r8cords were not kept In respect of the charity as required by sectlon 386 of th8 2006 Act" or the financlal stat8rn8nts do not accor(I wSth those records: or the financial statements do not comply with the accounting requirements of sectlon 396 of the 2006 Act other than any requir8ment that the ac¢ounts give a Irue and falrf viow whsch is not matter considered as part of an independent examination., or th8 financial ststsments have not been prepared in accordanc8 wlth the methods and prinaples of the Statement of R8commanded Practice for accounllng and reporting by charities applicable to charities preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of lrnland {FRS 102). I have no concems and have come across no other matters in connection vAth th8 examination to which attention should b8 drawn in this report in order to enable a proper understanding of the accounts to be reached. Kart Jemiyn. FCA Jernyn & Co Accountants Limited Independent Examlner Unit 3 Hill Farm Kirby Road Klrby Bedon NoThvich Norfolk NR14 7DU Th• not•s on pag•s 8 10 16 forn) part of th•M flnanclal #tst•m•nts.
New Life Church (Suffolk) Company Limlted by Guarantee statement of Flnanclal Actlvllles (Includlng Income and expendlture account) Year ended 31 March 2025 2025 Unrethcted Restricted funds fijnds Total fund8 Total funds 2024 Incom• and •ndowrnnts Donations and legaciès Charitable athitses 110,354 48,633 158.987 171.075 Total Inme 110,354 48.633 158,987 171,075 Expendtture Exwnditure on raising funds.. Costs of raising donations aThJ legaci8S Costs ofother trading activities Total wndItuTe 43.279 39,119 56.883 14.195 100,162 53.314 118.937 60,297 82,398 153.476 179.234 Net Ineom• and not mov•mont In fund¥ {22.445> (8.159) R•conclll•tlon of funds Total funds brought forward Total funds carrfod forward 160,605 80,151 240,756 248,915 188,561 The statement of financial activtties includes all galns and losses recognised in th8 y88r. All income and expenditure derive from continuing activltl8S. Th• note# on pagM 8 to 16 ft*m) part of th•w flnand•l st•t•m•nts.
New Life Church (Suffolk) Company Llmltsd by Guarantee Statement of Flnanclal Position 31 March 2025 2025 2024 FIx0d as80ts Tangible fixed assets 14 35.060 44.282 Curront a880ts Debtors Cash at bank and In harKI 15 12,931 207,606 220.537 12,466 196,844 209,310 Cr•dltors: amounts falllng duo wlthln on• y•ar Not curront assats 16 9.330 12.836 211.207 196.474 Total ass•ts1oss current Ilabllltl 246,267 240,756 240.756 Not assets Funds of the charlty R8Strict8d funds ur8StrICted fijnds 57,706 188.561 80.151 160.605 Total charlty funds 19 246.267 240,756 For the year ending 31 Marth 2025 the charlty was entilled to exemptlon from audlt under SecOn 477 of the Compani8s Act 2006 relating to small MpanIeS. Directors, responsibilibe8: The member5 have not required thg company to obtain an audit of ts financial statemgnts for the year in question in accordance with section 476. The directors acknowledge thelr responsibilrtles for comptying with the requlrements ofthe Actwlth respect to accounting reo)rds and the preparation of financial statsments. These financial statements have been prepared in accordance with the provisions appIlble to companies subject to the small companies, regime. These financial statements were approved by Ihe boar(l of trustees and authorfsed for issue on 23 S8ptember 2025, and are signed on behalf of the board by.. Rev. M Sm Truslee Th• nots• on pag•s 8 to 16 forn) part of th•80 flnanclal •tatom•nl•.
New Life Church (Suffolk) Company Llmlted by Guarantse Notes to the Flnanclal Statements Year ended 31 March 2025 G•n•ral Infornwtlon The charity is a public b8neffit entty and a private company Ilmlted by guarantse. registered in England and Wales and a registered charity in England and Wal8s. The address of the reglstered offic* Is Red Gables, Ipswlch Road, Stovffliarket. Suffolk. IP14 18E. stat•mont of cornpllance These flnancial ststements have b88n pr8par8d in compllance wlth FRS 102. The Flnan(xal R8POrtlng Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordanc8 vAth the Financial Reporting Standard appli¢8ble in the UK and Republic of Ireland (FRS 1021 (Cha85 SORP {FRS 102)) and the C(Mnpanies Act 2006. Accountlng pollclos Bas1• of prnparatlon The flnanclal ststements have been prepared on thg historical cost basls, as rnodffl by the revaluation of certain financial assets and liabilities and investrn8nt prop8rt18s m8asured at fair value through Inwme or exp8nditure. The financial ststernents are prepared in sterling, whlch Is th8 lunctlonal currency of the enlty. Golng concorn There ar8 no material uncertalntles about the ch8rity'8 abilty to c¥)nllnu8. Judg•m•nts and key sourc•s of •stlmatlon unc•rtalnty Th8 preparatlon of the financL91 stslements requires management to make judgernents. 8stimat8S and assumptions that affect the amounts reported. These estimates and judgements arn continually reviewed and are basthy on experience and other factors, Including eXpeCtstns of future events that are believ8d to be reasonable under the circurnstsnces. Fund accountlng Unrestrlcted funds are avallable for use at the discretion of the tru8tses to further any of the charity's purpose5. Deslgnated funds are unrestrfcted fvnds eam)arked by the trustees for particular future project or commitment. R8stdcted lunds are subl8d8d to restrldons on thelr expendlture declared by the donor orthrough the tems of an appeal and fall Inlo one of sub<la$ses: restricted Income funds or endowrnent funds.
New Life Church (Sufft)Ik) Company Limitod by Guarantee Notes to the Financial Statements (¢onlnu•dJ Year ended 31 March 2025 A¢¢ountlng pollclos f¢¢)ftthwo) Incomlng rosourco8 All incoming resourc8S are Induded in the statement of financial actrrfities when enkn'llemènt has passed to the charity: it is probable that the economic benefits associated with th8 transaction will flow to the charity and the amount can be reliably measured. The following specific policies ar8 applied to partbcular categories of incxjme: InMe from donations or grants Is r8cognls8d whèn there is evidence of entitlement to Ihe gift, receipt is probable and Its amount can be measured reliably. legacy income is recognised when receipt is probable and entil8m8nt is establish1. Incom8 from donatad go¢)ds is measured al the falr value of the goods unless this is impractlcal to measure reliably. in which case tho value Is derlved from the cost to the donor or the 8stimatgd resale value. Donated farAlttses and sarrfices are recognised in the aUnIS when received rf the value can be rellably m8asur8d. No amounts are dUded for the contribution of general voluntsers. income from contracts for the suppty of services is recognis8d with the d8liv8ry of the contracted service. This Is classrfied as unrestricted fvnds unless there is a contractual requirement ft)r it to be spent on a particular purpose arKI retumed rf unspent, in which Case it may b8 regar(led as restrlcted. Resour$ expond•d Expenditure is recognised on an accruals basis as a liabilty is incurred. Expendlture includ8s any VAT vthich cannot be fulty reo)vered, and Is classrfl8d under headiry of the statement offinancial activities to which it relates: 8xp8nditure on raising funds includes the costs of all fundraising activities. events. rK)n- charitable trading a1vIties. and the sale of donated goods. expenditur8 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 o)sts relating to the govemance of the charity apportioned to charitable acovltss. Other 8xp8ndiiure includes all expenditure that Is nelthor relatsd to ralsing funds for th8 charty nor part of ts exp8nditure on charitsble activit. I costs are allocated to 8xp8nditure catogories refiecting the use of the resource. Direct costs attributsble to a slngle activlty are allocat8d directy to that activity. Shared costs are apportioned belween the acltvfties thay contribute io on a reasonable. justifiable and consistent basis. Tanglbl• assèts Tangible assets are lnitsa1 red at cost and SUbsequenY stated at c¢)st less any aCrnlated depreciation and impalmient losses. Any tangible assets carried at revalued amounts are recorded at the fair value at tho date of rovaluatlon less any subsequ8nt accumulat8d depreciation arKI subsequent accumulated impalmient losses.
New Life Church (Suffolk) Company Llmlted by Guarantee Notss to the Flnanclal Statements (contlnwd) Year ended 31 March 2025 Accountlng pollcl•8 Tanglble ass•t• (conVnv• An increase in the carying amount of an asset as a result of a revaluatlon, Is recognlsed In other recognisod gains and losses. unless it reverses a charge for Impairnient that has proviously been recognised as 8xpenditure Vthin the statement of financlal actlvlties. A decrease in the carying amount of an asset as a rosult of ValuatIon. is recognis8d in other recognised gains and lossos. except to which it offsets any previous revaluation gain, in whlch case the loss is shown withln other recc*)nlsed galn$ and losses on the statement of financial activiti88. D•pr•clatlon Depr8clatlon Is calcu18ted so as to writ8 off the cost or valuation of an ass8L18ss tts resklual value, over the useful ewnomic lrfe of that asset as follows: Sl)ort Feasehold propety Motor vehides Equipm8nt 10% Strah1 line 25% reducing balanc8 15% reducing balance Impalmi•nt offixod usots A review for Indlcators of impaimient is carrled out at each reportirvJ date, wlth the reo)verable amount beirwJ estimatsd where such indicator5 8XiSt. Vrfhere the ry1r¥J value oxceeds the recoverable amount. the asset Is Impaired aInglY. Prior impairnients are also reviewed for possible reversal at each porting date. For the rAJfpos8s of Impalrnient testing, when it Is not posslble to estimate the recov8rable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unlt to vthich the asset b8longs. The cash-generating unit is the small8St id8nllfiable group of assets that includes th8 asset and generates cash infiows that largety Independent of the cash inllows from other ass8ts or groups of assets. For impainn8nt tsstSng of gcottwlll. the goodwill aquIr1 In a buslness combination is, from th8 acquisition dats. allocated to each of the cash-gen8rating units that are expected to benefft from the synergies of the comblnation, irrespective of whether oth8r assets or Ilabllities of the charity are assigned to those units. Gov•mm•nt grants Govemment grants are renised at the fair valu8 of the asset recerved or receivable. Grants are not recognised until there is reasonable assurance that the charlty will (y)mply with the conditions attachlng to them and the grants will be received. Wher8 th8 grant does not Impose spedfied future performanc84elatsd condMlons on tha recipient. tt Is recognised in income when tho grant proceeds are received or r8ceivabl8. V4h8re the grant does impose sp8cified future perfomancevrelated conditions on the recipient. it is recognlsed In income only vthen the perfomianc8-related conditions have been met. Where grants r8celved are prior to satisfylng the revenue rocognition criteria, they are re(xunised as a liablllty. 10
New Life Church (Suffolk) Company Llmited by Guarantee Notes to the Flnanclal Statements (conUnu•d) Year ended 31 March 2025 Accountlng pollclos (C Defined contrlbutlon plan• Contributions to defined contribution plans are recognised as an expanse in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the ext8nt that the prepayrnent will lead to a reduction in future payments or a ¢8sh refvnd. When contributions are not expected to be sattled wholly within 12 month5 of tha and of the reporung date in which the employees render the related service, the liabilty is measured on a dlscounted present value basis. The unwinding of the discount is recognised as an expense in the period in vthkh It arises. Urnlt by guarnrrt•• The tharity is a company limited by guaranteej and does not have share capital. Every member of the charity undertakes to contribute such amounts (not exceeding £10) as May b6 required in the event of a winding up. Donatlons ond hgacl•s Unrnstrict&l Restrictsd Total Fund• Funds Funds 2025 Donatlon• AppaaL8 and donaUons 110.354 43.633 153,987 Grants Grants receNable 110.354 48,633 158.987 Unrestrided RestriGted Total FurKIs Funds Fun(ts 2024 Donatlon• Appeals and donalior 100,976 65,699 166.675 Grants Grants receivable 4.400 4,400 100,976 70.099 171,075 11
New Life Church (Suffolk) Company Llmfted by Guarantse Notes to the Flnanclal Statements (¢onttmMdJ Year ended 31 March 2025 Charltabl• acllvltlo8 Unrestrlcted Total Furbd• Unrestricted Totsl Fund8 Funds 2025 Funds 2024 Sales of purchased gorKIs Costs of ral$lng donatlon• andlogaclgs Unrestri(*8d Restricted Totsl Funds Funds Funds 2025 Donatlons- foodbank purchases Wages 8nd salaries Rent Penslon costs R8palrs & malnt8nanc8 Licenc85 Motorltravel ¢JJsts Telephone Other offic8 costs Charitable donati¢Jns 4.477 37.669 4.655 4.477 37.669 10.319 2,186 1,849 378 9,445 834 2,505 29,500 1,000 5,664 2,186 1,643 24 1,071 206 354 8.374 230 88 830 2.417 28.670 43.279 56.883 100.162 Unrestricted Restrited Total Ftmds Funds Funds 2024 DOnatn$- foodbank wrchases Wages and salaries Rent Pension u)sts Repairs & maintenance Insuranc Motorltravel Ix)8ts Telephone Other office costs Charitable donations Aixountan 16.746 34,015 3,355 16.746 34,015 8.655 2,211 2.211 182 839 821 252 639 1.745 8,898 41.964 979 9.227 42,664 979 700 57.439 118.937 12
New Life Church (Sufftilk) Company Limited by Guarantee Notes to the Financial Statements {conUnu•dJ Year ended 31 March 2025 Costs of oth•r tradlng aellvlllos Unrestricted Restrictsd Total Funds Funds Funds 2025 Wage$ and salaries Trustees. remuneration Depreciatlon 19,617 17.866 1,636 19.617 24.475 6.609 7,586 39,119 14,195 53,314 Unrestricted Restrlcted Total Funds Funds Funds 2024 Wages and salarles Trustees, remuneration Depreciation Profit on sale of red assets 6.161 33.495 2.134 6.161 11,471 9,678 {2.642) 11.812 (2.642) 41,790 18.507 60.297 Taxallon The charity is a reglstered charlty and Is ther8for8 8x8mpt from taxation. 10. N•t Incomo Net Income k8 Stated after chargin(Crediting). 2025 2024 Depreciation oftsngible fad assets 9,181 11,812 11. Indopondont oxamlnatlon feos 2025 2024 Feès Payab to th8 independent examingr fcr. Independent examination of the financial statements 930 13
New Life Church (Sufftilk) Company Limitsd by Guarantee Notss to the Flnanclal Statements (cwrfnu•d) Year ended 31 March 2025 12. Staff costs The totsl staff costs and 8mployee beneffts for the reporting p8rK)d are analysed as folk)ws: 2025 2024 Wages and salaries 81.762 85.142 Employer contributions to pension plans 2,186 2,211 The average head count of 8mploy88s durlng the year was 6 {2023: 6). average number of full-tlm8 8quÉvalent employees during the year Is analysed as follows: 2025 No. 2024 Numberofstaff No employee r1Ved employee benefits of morg than £60.OIX) durlng the year (2024: NII). 13. Trusts• r•mun•rntlon and expon8•s Durfng the year the charity rnade th8 following transactbons wf(h trustegs: Rev. Mlchael Smith The Trustee Rev. Mlchael Smlth received remuneration of £24,475 {2024: £22.4831. Durlng the year Mrs Hazel Smith. th8 wlle of Rev. Mlchael Smith r1Ved r8mun8ralon of £24.475 (2024: £22,483). Durlng the year Mrs Caroline Davies, the vlfe of Mr Adrlan Davies received remuneratlon of £10.410 (2024: £19,673) No other trustees, nor pgrsons nnected wth them. have reIVed any remuneration from the charity during the year. No trustees have roceiv8d any reimbursed expenses or any other b8neffts from lh8 charity durfng the year. 14
New Life Church (Suffolk) Company Limltod by Guarantso Notes to the Financial Statements (Mnllnu•dJ Year ended 31 March 2025 14. Tanglblo flxad ass•ts Short 18asehold property vehides Equipment Total At 1 April 2024 Addibons Dk8F)osals At 31 March 2025 2,261 47.216 116,107 2.261 47,216 66,630 116,107 Daprnclatl¢)n At 1 April 2024 Charge for the year Elimlnated on disposals At 31 March 2025 2.261 21.415 6,450 48.149 2,772 71,825 2.261 27,865 50.921 81.006 Carrylng amount At 31 March 2025 19.351 15.709 35,060 44,282 At 31 March 2024 25.801 18,481 15. 0•btorn 2025 2024 Prepayments and aCcnl inrne 12,931 12,466 16. Crodltors: amounts falllng duo wlthln one yoar 2025 2024 cruals and d8ferr8d in(x)m8 9.330 12.836 9,330 12.836 17. Panslons and other post rgtlrom•nt bonoflts D•finod contrfbutlon plans The amount recognised in income or expendlture as an 6xp8nse in r81ation to defin8d contribution plans was £2,186 (2024: £2.211). 15
New Life Church (Sufft)Ik) Company Llmltad by Guarantse Notes to the Flnanclal Ststements {lI1U Year onded 31 March 2025 18. Analysls of Charftable funds Unrostrlcted funds 1 Aprfl 2024 Income Expgnditure 31 Mar 2025 General fijnds 160,605 110,354 {82.398) 188.561 1 Aprll 2023 In Expendira 31 Mar 2024 G8n8ral funds 162,917 100.976 (103.288) 160,605 Rostrfet•d funds 1 April 2024 Income Expenditurè 31 Mar 2025 Stowmarket Food Bank 80,151 48,633 171,078) 57.706 1 April 2023 In(x)m8 Exp8ndlture 31 Mar 2024 stowmarket Food Bank 70.099 {75.946) 80,151 16