NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Charity Number 1087715 HPH Chartered Accountants Conyngham Hall Business Centre Bond End Knaresborough HGS 9AY
NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 CONTENTS PAGE Legal and Administrative Infomiation Trustee's Annual Report 2to4 Independent Examiner's Report to the Trustees ReiptS and Payments Account statement of Assets and Liabilities Notes to the Accounts The following pages do not fomi part of the financial statements Detailed Income and Expenditure Account
NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE LEGAL AND ADMINISTRATION INFORMATION YEAR ENDED 31 DECEMBER 2024 THE TRUSTEES Patricia Cobb Stephen Thompson - Chair Vernon Roosevelt Agness Bwalya Sharon Bosworth (Resigned 3 December 2024) 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
NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 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 2024. STRUCTURE GOVERNANCE AND MANAGEMENT Governing Document The Charity registered wth the Charity Commission on 19 June 2001, under number 1087715. The governing document of the Charity is the 'Declaration of Trusy 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 (Resigned 3 December 2024) Appointment of Trustees The Trustees are also members of the Charity's management committee and are electedlre-elected at an annual meeting in accordance with the Charity's governing documents. Organisational structure The Charity's management committee MtS 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 non4enominational, bible based, Christian Church offering religious worship services. bible studies and other community activities on a weekly basis.
NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 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 memtErs. 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 guidan 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 Tithed and offerings from our congregation members is our major Sour of income, plus gift aid. Income decreased by 3 % during the year to £50.700 (2023 - £52,699) and expenditure decreased by 8 1 to £53,268 (2023 - £57.682) This resulted in net expenditure (before the purchase of fixed assets) of £2,568 {2023- net expenditure £4,983.) 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 9 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 cuent activities while consideration is given to ways in which additional funds may be raised.
NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 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 charrties 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 27 October 2025 and signed on their behalf by.. Stephen Thompson Trustee
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 Dember 2024. This report is made solely to the Charity's Trustees. as a body. in accordance with sects.on 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 l am required to state to them in an Independent Examinels 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 fomied. 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 examinerfs statement I have completed my examination. I confimi 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 Conrning 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 27 October 2025
NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted funds 2024 2023 Receipts Offerings and donations Interest reiVed Other Gift aid received 42,798 908 42,798 908 43,790 749 950 7,210 6.994 6.994 50,700 50,700 52,699 Payments Direct charitable expenses: Training and education Donations Miscellaneous Computing and electronics Missionary costs Professional fS Travelling and subsisten Premises costs Staff costs Administration Hospitality Ministry costs Advertising and media 348 4,406 128 507 3,915 1,401 2,067 11.356 13,200 4,601 4,894 6,445 348 4,406 128 507 3,915 1,401 2,067 11,356 13,200 4,601 4,894 6,445 895 2,512 535 718 5,740 1,706 2,885 9,859 13,200 3,941 3,504 11,325 862 57,682 53,268 53,268 Purchase of fixed assets 375 53,643 375 53,643 1,428 59,110 Net receiptsl(payments) (2,943) (2,943) (6,411) Cash funds this period end {2,943) (2,943) (6,411) Cash funds blfwd 44,005 44,005 50,416 Cash funds clfwd 41,062 41,062 44,005
NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted funds 2024 2023 Cash funds Bank and Cash Balances 41,062 41,062 44,005 41.062 41,062 44,005 Current Liabilities Credit Card Accruals 405 570 1.194 1.194 1,194 1,194 975 Approved by the Trustees on 27 October 2025 and signed on their behalf by: Stephen Thompson Trustee
NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 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 ServIS rendered (2023:£13,200.) but no payment was made in respect of his role as Trustee. No expenses were paid in respect of Trustees (2023 - nil) 3. Related party transactions There were no related party transactions in the year (2023 - none)
NEW LIFE IN CHRIST MINISTRIES - NORTH YORKSHIRE DETAILED EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Direct charitable expenses: Training and education Books and online reSoUrS 895 Donations Donations to UK tharities 4,406 2,512 Miscellaneous Sundry items 128 535 Computing Computing and electronics Website 507 718 507 718 Mission Costs Missionary support 3,915 5,740 Professional fees sUbSptiOns Accounts fee Advocacy and admin ServIS 393 570 438 1,401 748 540 418 1,706 Travelling and subsisten Petrol and travel 2,067 2,885 Premises costs Rent Repairs and renewals 11,356 9,408 451 9.859 11.356 Staff costs Wages and salaries 13,200 13,200 Administration Consultancy services Stab"onery Bank charges 4,050 507 3,600 272 69 3,941 4,601 Hospitslity Celebrabons Church supplies eypenses 2,932 1,962 4,894 910 2,594 3,504 Ministry costs Ministers and guest expenses Evangelistic outreach Live sIamIng and media Benevolence funds Praise and worship ministy 1,515 153 2,125 300 4.477 6,445 5,600 3,600 11,325 Advertising Advertising and media 862 Total direct charitable expenses 53.268 57.682 Purchase of fixed assets Computer Printer Computer monitor Office furniture 375 310 234 1.428 Totsl Fixed Assets 375