## **NEW LIFE IN CHRIST MINISTRIES – NORTH YORKSHIRE**
**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED**
**31 DECEMBER 2023**
**Charity Number 1087715**
**HPH Chartered Accountants Conyngham Hall Business Centre Bond End Knaresborough HG5 9AY**
**NEW LIFE IN CHRIST MINISTRIES – NORTH YORKSHIRE**
## **FINANCIAL STATEMENTS**
## **YEAR ENDED 31 DECEMBER 2023**
|**CONTENTS**|**PAGE**|
|---|---|
|Legal and Administrative Information|**1**|
|Trustee’s Annual Report|**2 to 4**|
|Independent Examiner’s Report to the Trustees|**5**|
|Receipts and Payments Account|**6**|
|Statement of Assets and Liabilities|**7**|
|Notes to the Accounts|**8**|
## **The following pages do not form part of the financial statements**
Detailed Income and Expenditure Account **9**
## **NEW LIFE IN CHRIST MINISTRIES – NORTH YORKSHIRE**
## **LEGAL AND ADMINISTRATION INFORMATION YEAR ENDED 31 DECEMBER 2023**
**THE TRUSTEES**
Patricia Cobb Stephen Thompson - Chair Vernon Roosevelt Agness Bwalya Sharon Bosworth
**SECRETARY TO THE TRUSTEES** Patricia Cobb **REGISTERED OFFICE** 39 Greenfields Avenue Harrogate North Yorkshire HG2 7BN **CHARITY NUMBER** 1087715
**INDEPENDENT EXAMINER** Sarah Wearing HPH Chartered Accountants Conyngham Hall Business Centre Bond End Knaresborough HG5 9AY
1
## **NEW LIFE IN CHRIST MINISTRIES – NORTH YORKSHIRE**
## **TRUSTEES’ ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023**
The Trustees have pleasure in presenting their report and the financial statements of New Life in Christ Ministries - North Yorkshire for the year ended 31 December 2023.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
The Charity registered with the Charity Commission on 19 June 2001, under number 1087715. The governing document of the Charity is the “Declaration of Trust” adopted 19 June 2001.
## **Trustees**
The Trustees in office throughout the year were as follows:
Patricia Cobb Stephen Thompson (Chair) Vernon Roosevelt Agness Bwalya Sharon Bosworth
## **Appointment of Trustees**
The Trustees are also members of the Charity’s management committee and are elected/re-elected at an annual meeting in accordance with the Charity’s governing documents.
## **Organisational structure**
The Charity's management committee meets at regular intervals and is responsible for the strategic direction and policy of the Charity.
## **Additional governance issues**
The trustees have assessed the major risks to which the Charity is exposed and are satisfied those systems are in place to mitigate exposure to the major risks.
## **OBJECTIVES AND ACTIVITIES**
## **Objective of the charity**
New Life In Christ Ministries – North Yorkshire is a non-denominational, bible based, Christian Church offering religious worship services, bible studies and other community activities on a weekly basis.
2
## **NEW LIFE IN CHRIST MINISTRIES – NORTH YORKSHIRE**
## **TRUSTEES’ ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023**
## **Summary of main activities undertaken for the public benefit in relation to these objects:**
- We run ministries, teaching seminars and Bible study workshops for adults & children.
- Making disciples and equipping our members for mission work.
- We offer help & assistance to other charities in need who share similar objectives.
- We are working towards having our own property for worship and community outreach.
- Aim to increase the number of our church members, enhance their spiritual wellbeing, and inspire them to engage in community activities that promote stronger community **.**
The Trustees confirm that they have complied with their duty in section 17(5) of the 2011 Charities Act to have due regard to the guidance on public benefit published by the Commission in exercising their powers or duties.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Summary of the main achievements of the charity during the year:**
- Ongoing provision of professional training for the church musicians and worship team.
- Regular leadership team meetings.
- Presentation of quarterly financial reports to the leadership team.
- Donations to Compassion UK and some local charitable causes.
## **FINANCIAL REVIEW**
## **Financial review**
Income decreased by 26% during the year to £52,699 (2022 - £70,859) and expenditure increased by 21% to £57,682 (2022 - £47,621) This resulted in net expenditure (before the purchase of fixed assets) of £6,411 (2022 – net receipts £20,522.)
## **Reserves policy**
It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three to six month's expenditure.
The charity held cash reserves at the year end equating to 6 months expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised.
3
## **NEW LIFE IN CHRIST MINISTRIES – NORTH YORKSHIRE**
## **TRUSTEES’ ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023**
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
The Trustees are responsible for preparing the Annual Report and the Financial Statements in accordance with applicable law and regulations.
Law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK accounting standards and statements of recommended practice have been followed, subject to any material departures 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 operation.
The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy the financial position of the Charity and which enable them to ascertain the financial position of the Charity and which enable them to ensure that the financial statements comply with applicable law, regulations and trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on 31 October 2024 and signed on their behalf by:
Stephen Thompson Trustee
4
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF**
## **NEW LIFE IN CHRIST MINISTRIES – NORTH YORKSHIRE**
I report to the trustees on my examination of the accounts of New Life In Christ Ministries – North Yorkshire for the year ended 31 December 2023.
This report is made solely to the Charity's Trustees, as a body, in accordance with Section 154 of the Charities Act 2011. My independent examination work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my independent examination work, for this report, or for the opinions I have formed.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Sarah Wearing, FCA, DChA HPH Chartered Accountants Conyngham Hall Business Centre Bond End Knaresborough HG5 9AY
31 October 2024
5
## **NEW LIFE IN CHRIST MINISTRIES - NORTH YORKSHIRE RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
|**Receipts**
Offerings and donations
Interest received
Other
Gift aid received
**Payments**
Direct charitable expenses:
Training and education
Donations
Miscellaneous
Computing and electronics
Missionary costs
Professional fees
Travelling and subsistence
Premises costs
Staff costs
Administration
Hospitality
Ministry costs
Advertising and media
Purchase of fixed assets
**Net receipts/(payments)**
**Cash funds this period end**
Cash funds b/fwd
Cash funds c/fwd|**Unrestricted**
**funds**
**£**
43,790
749
950
7,210
52,699
895
2,512
535
718
5,740
1,706
2,885
9,859
13,200
3,941
3,504
11,325
862
57,682
1,428
59,110
(6,411)
**(6,411)**
50,416
44,005|**2023**
**£**
43,790
749
950
7,210|**2022**
**£**
70,693
166
-
-|
|---|---|---|---|
|||52,699|70,859|
|||895
2,512
535
718
5,740
1,706
2,885
9,859
13,200
3,941
3,504
11,325
862|168
3,865
164
821
2,614
1,194
1,825
4,312
13,200
4,111
6,400
8,320
627|
|||57,682
1,428|47,621
2,716|
|||59,110|50,337|
|||(6,411)|20,522|
|||**(6,411)**|**20,522**|
|||50,416|29,894|
|||44,005|50,416|
6
## **NEW LIFE IN CHRIST MINISTRIES - NORTH YORKSHIRE STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2023**
|**Cash funds**
Bank and Cash Balances
**Current Liabilities**
Credit Card
Accruals|**Unrestricted**
**funds**
**£**
44,005
44,005
405
570
975|**2023**
**£**
44,005
44,005
405
570
975|**2022**
**£**
50,416|
|---|---|---|---|
||||50,416|
||||409
517|
||||926|
Approved by the Trustees on 31 October 2024 and signed on their behalf by:
……………………………..
Stephen Thompson **Trustee**
7
## **NEW LIFE IN CHRIST MINISTRIES - NORTH YORKSHIRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. Basis of accounts**
The trustees have taken advantage of section 144 (2) of the Charities Act 2011 and have prepared accounts on a receipts and payments basis. Cash-based accounts are not prepared on an accruals basis and therefore the Charities SORP does not apply to their preparation.
## **2. Trustees' remuneration and expenses**
During the year £13,200 was paid to V Roosevelt for services rendered (2022:£13,200.) No expenses were paid in respect of Trustees (2022 - nil)
## **3. Related party transactions**
There were no related party transactions in the year (2022 - none)
8
## **NEW LIFE IN CHRIST MINISTRIES - NORTH YORKSHIRE DETAILED EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2023**
|**Direct charitable expenses:**
Training and education
Books and online resources
Donations
Donations to UK charities
Miscellaneous
Sundry items
Computing
Computing and electronics
Website
Mission Costs
Missionary support
Professional fees
Subscriptions
Accounts fee
Advocacy and admin services
Travelling and subsistence
Petrol and travel
Premises costs
Rent
Repairs and renewals
Staff costs
Wages and salaries
Administration
Consultancy services
Stationery
Bank charges
Hospitality
Celebrations
Church supplies expenses
Ministry costs
Ministers and guest expenses
Evangelistic outreach
Live streaming and media
Benevolence funds
Praise and worship ministry
Advertising
Advertising and media
**Total direct charitable expenses**
Purchase of fixed assets
Sound system
Video camera
Printer
Computer monitor
Office furniture
**Total Fixed Assets**|**2023**
**£**
895
2,512
535
718
-
718
5,740
748
540
418
1,706
2,885
9,408
451
9,859
13,200
3,600
272
69
3,941
910
2,594
3,504
2,125
-
-
5,600
3,600
11,325
862
**57,682**
-
-
884
310
234
**1,428**|**2022**
**£**
168|
|---|---|---|
|||3,865|
|||164|
|||550
271|
|||821|
|||2,614|
|||342
490
362|
|||1,194|
|||1,825|
|||4,312
-|
|||4,312|
|||13,200|
|||3,900
154
57|
|||4,111|
|||3,694
2,706|
|||6,400|
|||2,776
129
-
700
4,715|
|||8,320|
|||627|
||||
|||**47,621**|
|||1,174
1,542
-
-
-|
|||**2,716**|
9