2022-12-31-accounts - New Life Church Northampton LTD

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

FOR THE YEAR ENDED 31stDECEMBER 2022	FOR THE YEAR ENDED 31stDECEMBER 2022
	Notes	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				2022			2021
				6		6	6
Income and endowments	from:
Donabons and legacies		247,435	112,589	360,024	245,457	52,544	298,001
Charitable activities					5,091		5,091
Other trading activities		14,999	42,332	57,331	1,389		1,389
Investment income					152		152
Total Income and endowments		282,434	164,921	417,366	252,089	52,544	304,633
Expenditure on:
Charitable activit res		132,392	78,217	210,609	103,929	50,118	154,047
Support costs			10,058	108,362	129,655	10,519	140,174
Total Expenditure		230,696	88,275	318,$71	233,584	60,637	294,221
Net incoming resources before transfer		31,738	66,646	98,384	18,505	(8,093)	10,412
between funds
Transfer between funds		11,275	11,275		5,928	5,928
Net movement in funds		20,463	77,921	98,384	12,577	(2,165)	10,411
Total funds brought forward		133,775	414,449	548,224	121,198	416,614	537,812
Total funds carried forward		184,238	492 370	646,608	133,775	414,449	548,224

BALANCE SHEET AS AT 31stDECEMBER 2022	BALANCE SHEET AS AT 31stDECEMBER 2022	BALANCE SHEET AS AT 31stDECEMBER 2022				Com an	Number:	04355047
		Notes	Unrestricted	Restricted	Total	Unrestricted	Restricted	Tots I
					2022		f	2021 f
ASSETS:
Fixed Assets		13	39,852	365,045	404,897	44,307	375,077	419,384
Current Assets
Debtors		14	5,891		5,891	9,795	1,491	11,286
Cash at Sank			113,581	127,325	240,886	86,772	37,881	124,653
			119,452	127,325	246,777	96,567	39,372	135,939
Creditors
Amounts falling due
within one year		14			5,066	7,099
						(7,099)		(7,099)
Net Current	Assets Less Current Liabilities		114,386	127,325	241,711	89,468	39,372	128,840
Net Assets			154,238	492,370	646608	133,775	414,449	548,224
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
FUNDS					2022f	f		2021f
Unresbicted	and Designated	17
General fund			142,378		142,378	118,247		118,247
Hardship Fund			11,860		11,860	15,528		15,528
Restricted		17		492,370	492,370		414,449	414,449
			154,238	492 370	646,608	133,775	414,449	548,224

Donations and Le	ga	cies
				Unrestricted	Restricted		2022		Unrestricted	Restncted		2021
				Funds E		Funds E	Total E		Funds f	Funds f.		Totalf
Gifts, donations				177,489		108,450	285,939		198,071	52,244		250,315
Gift Aid				30,978		4,139	35,117		43,055		300	43,355
Other income				38,9M			38,968		4,331			4,331
				247,436		112,589	360,024		245,457	52,544		298,001
Other Trading Activities
Events				1,264			1,264		327			327
Room Hire				1,924			1,924		45			45
Youth trips				597			597		590			590
Parents and toddlers				697			697		122			122
Other				9,591		42,332	51,923					122
Cafe income				353			353		41			41
Youth and Life				573			573		284			264
				14,999		42,332	57,331		1,389
Investment Income
Deposit account interest									152			152
Income from Charitable			Activities
Government grants			Direct Charitable						5091			5,091
									, 89	52,544
Government grant income offnil (2021:f5091)is recognised unfulfilled conditions attached to this income and the charity						in respect ofCJRS Furlough Scheme. There is no has not received any other government assistance.
Charitable Actlvldes		Costs					Total					Total
Direct charitable				Unrestricted f	Restricted f		2022f	Unrestricted f		Restricted f		2021f
Trustee' salaries				66,100			66,100		56,750			56,750
Trustee's social security				3,342			3,342		5,392			5,392
Trustees' pension	contributions			2,323			2,323		2,002			2,002
Wages				6,850			6,850		7,800			7,800
Travel				1,014			1,014
Telephones				2,712			2,712		3,312			3,312
Advertising									495			495
Sundnes				1,716			1,716		882			682
Youth and children				11,875			11,875		1,123			1,123
Self-financing church		events		1,080			1,080		3,843			3,843
Tithe donations				12,864			12,864		13,518			13,518
Evangelism									786			786
Uganda -J Robinson						78,217	78,217			50,118		50,118
Course costs				273			273		1,311			1,311
Gifts and donations				10,024			10,024		6,489			6,489
PA/AV expenditure				2,276			2,276		326			328
Pastoral care									100			100
Outreach activities				9943			9943
				132,392		78,217	210,609		103,929	50,118		154,047

Support and	Management	Management	Management	Management	Management		Unrestricted	Restricted	2022	Unrestricted	Reshicted	2021
							Funds	Funds	Total	Funds	Funds	Total
sragss							29,133		29,133	35,000		35,000
Social security							1,025		1,025	2,386		2,386
Pensions							579		579	874		874
Insurance							3,930		3,930	3,814		3,814
Light and heat							18,154		18,154	12,389		12,369
Office stahonery		and	expenses				549		549	694		694
Sundries							2,874		2,874	3,782		3,782
Utiliiy costs							444			869		669
Building maintenance							29,815		29,815	58,270		58,270
Cafe expenditure										439		439
ITservices										194		194
Depreciation oftangible					and heritage
assets							4,431	10,058	14,489	4,914	10,519	15,433
							90,934	10,058	100,992	123,405	10,519	133,924
Finance
Bank and other		charges,			fees							332
Governance	costs
Independent examination						fee	1,800		1,800
Independent examination						fee for
other as Moss
Payroll and pension			admin			support	857		857
Legal and professional				fess			4,629		4,829	2,166		2,166
							7,286		7,286	5,918		5,918
								10,058	106,362	129,855	10,519	140,174

TES	TO THE ACCOUNTS
9	Net Income/(Expenditure)				Unrestricted Z	Restricted f	2022f	2021
	Net Income/(Expenditure)	is stated after charging		/(crediting):
	Independent Examination	fee			1,800		1,800	2866
	Independent Examination	fees for other services						886
	Depreciation - owed assets				4,431	10,058	14,489	15,341
10	Trustee' Remuneration	and	Benefits				2022	2021
								B
	Trustees' salaries						86,100	56,750
	Trustees' social security						3,342	5,392
	Trustees' pension contribution		to money purchase	scheme			2,322	2,002
							71,764

SaffCosts
				2022	2021
				f
Wages and salaries				101,725	99,550
Social security costs				4,596	7,778
Other pension costs				3,030	2,876
				109,351	110,204
The average monthly	number	ofemployees	during the year was as follows:
				2022	2021
Minitrandadministr	tion			4	4

The average monthly number	ofemployees	during the year was as follows:
Ministry and administration

OTE	S TO THE ACCOUNTS
								2022		2021
12	Trustees' Remuneration	and	Benefits
	Trustees' salaries							66,100		56,750
	Trustees' social security							6,978		5,392
	Trustees' pension contributions		to money purchase schemes					2,154		2,002
	During the year directors'	emoluments		were	paid	in respect ofa contract ofsennce between		the church,	Mr P Worlh and
	Mr RC Goldring, in their	capacity as		Paster	and	Assistant Pastor respecbvely	As required	by the church	constitution
	Mr Worth and Mr Goldring are		also trustees.
	No remuneration is paid to any		trustee for acting			in this capacity.
	Trustees' expenses
	There were no expenses	reimbursed		to Trustees		in the current year or pnor	year.
	Staff costs Wages and salaries							2022f		2021f
	Social security costs							102,189		99,550
	other pension costs							9,596		7,778
								3,031		2,876
								114,816		110204
	Theaverae monthl nu	mber	ofemp	loyees	duri	gtheyearwasas follows.		2022		2021

		Freehold	Improvement	Plant and	Total
		property	to	machinery
Tangible Fixed	Assets	f	property f
Cost or revaluation		450,000	210,882	142,733	803,815
At 1 January 2022
Add additions in	year	450,000	210,882	142,733	803,615
Less: disposals At 31 December	during the year 2022	460,000	210,882	142,733	803,615
Depreciation
At 1 January 2022		115,500	169,131	99,599	384,230
Charge in year At 31 December	2022	8,000 121500	4,175 173,306	4,313 103,912	14,488 398,718
Net book value
At 31 December	2022	328,500	37,676	38,821	404,897
At 31 December	2021	334,500	41,751	43,133	419,384

Debtors: Amounts	falling due within one Unrestricted	Restricted	2022	Unrestricted	Reshicted	2021
	Funds	Funds	Total	Funds	Funds	Total
	8		5		f.
Gift Aid recoverable	4,970		4,970	9,379	1,491	10,870
Other debtors	921		921	416		416
	5,891		6,891	9,795	1,491	11,286

						Unrestricted	Restricted	Restricted	2022		Unrestricted	Restricted	2021
						Funds	Funds		Total		Funds	Funds	Total
						5	5		8				E
	Bank loan	and overdrafts		(see	note 15)						5,92S		5,928
	Trade Creditors					3,866			3,866		247			247
	Accruals	and deferred		income		1,200			1,200		924			924
									5,066		7,099		7,
15	Loans
	An analysis ofthe maturity				ofloans is given below.						2022		2021
	Amounts	falling	due within		one year on demand.
	Bank Overdraft												5,928
16	Movement offunds						Balance		Incoming		Resources	Transfers	Balance
							01.01.22		resources		expended	between	31.12.22
												funds
												E
	Unrestricted funds
	General	fund					118,247		257,129		(221,723)	(11,275)	142,378
	Hardship	fund					15,528		5,305		8,973		11,860
							133775		262	434	230,696	11,275	154	238
	Restricted funds
	Building	funds					334,500				(6,000)		328,500
	Building	improvement		fund			30,802				(3,081)		27,721
	Studio							780			(78)			702
	Family centre assets							845			(84)			761
	Uganda	children					38,477		42,331		(78,217)	11,275	13,866
	Gift day						9,045			300	(815)		8,530
	Janet Robinson		flat						112,290				112,290
							414	449	164,921		88,275	11,275	492,370
	Totalfunds						548	224	417,355		318,971