0 ~~ab Xe,~~ New Life Fellowship UPC
ANNUAL REPORT & ACCOUNTS 2021
Registered charity no. 1099988 New Life Fellowship UPC, Bilston, West Midlands
New Life Fellowship UPC
2021
Table of Contents
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PAGE TITLE PAGE NUMBER
Pastor’s Introduction to 2021 ......................................................................................................... 3-4
Trustees’ Report 2021 .................................................................................................................... 5-7
Receipts & Payments Account 2021 ................................................................................................... 8
A Graph Showing the Top 10 Categories of Expenditure in 2021 ......................................................... 9
Statement of Assets & Liabilities 2021 .............................................................................................. 10
Independent Examiner Report ........................................................................................................121
Appendix 1 & 2: New Life Fellowship UPC - 2021 Cash flow – Income & Expenditure .................. 132-13
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New Life Fellowship UPC
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ANNUAL REPORT AND ACCOUNTS TO BE SIGNED BY TRUSTEES:
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NAME: ……………………………………………………….Mr T Haycock NAME: ………………………………………………………
SIGNATURE: …………………………………………....Mr T Haycock SIGNATURE: …………………………………………….
28th Oct 2022
DATE: ………………………………………………………. DATE: ……………………………………………………….
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1. Pastor’s Introduction to 2021
Greetings in the mighty name of our Lord Jesus:
The year 2021 began with members of New Life Fellowship Bilston returning to normality after the Covid-19 restrictions with the church being open for service but with special measures in place. A few visitors took church membership, and the church organised a monthly men's meeting called 'Mentor.'
In February, the roof collapsed in the church office causing some damage. The church an online fundraiser called 'Go Fund Me' to assist with the required repairs.
The members continue to grow spiritually from strength to strength. We also launched a YouTube channel to help those who are housebound and unable to attend our Sunday services. We also launched our Wednesday Services by Zoom as well as in-person. In March, we had a Zoom Seminar on Mental Health with a guest speaker, Dr James B Hughes from the US which attracted several guests from around the UK which was a help to the church community.
Our Youth Community project is ongoing in reaching out to the youth within the surround community by arranging sports activity in the local park, bowling, go karting as well as indoor
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activities within the Youth Club. In June, we launched our church podcast which hosts guests from around the UK and overseas sharing their life experience and giving encouraging words. This has continued to be popular.
We have a weekly Outreach Programme in Bilston town centre supporting those in need. In October, we had another guest speaker from the US, Bro Mark Shutes who gave a Seminar on Identity. We ended the year with a Christmas Carol Service Outreach in Bilston town centre which was well received as shoppers stopped to join in with the carols.
Glory to God, in Jesus' Name.
Reverend B. S. Ramruttun
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2. Trustees’ Report 2021
i. Annual Report for the Year Ending 31 December 2021
New Life Fellowship UPC, Bilston, West Midlands, is registered with the Charity Commission (Charity no. 1099988) and constituted by a Deed of Trust.
ii. Responsibilities of the Trustees
As the trustees of New Life Fellowship UPC, in accordance with the Charities Act 2011 Provision 162: Charity trustees to prepare Annual Reports, we are responsible for the following:
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(1) Preparing, in respect of each financial year of the charity, an annual report containing:
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(a) Such a report by the trustees on the activities of the charity during that year, and
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(b) Such other information relating to the charity or to its trustees or officers, as may be prescribed by regulations made by the Secretary of State.
iii. Charitable Objects
The Object of New Life Fellowship UPC is to:
- Promote the advancement of the Christian religion, the worship of God, the exhortation to faith
in Christ, and the relief of persons who are sick or in necessitous circumstances.
iv. Organisational Structure
The responsibility for day-to-day administration and operation of New Life Fellowship UPC belongs
to the Board of Trustees, comprising:
Mr. T Haycock Mrs. D Ramruttun
Bishop A Francis Mr. A Paul
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v. Appointment of the Trustees
New Life Fellowship UPC trustees are appointed/re-appointed annually. No changes to the appointments were reported from 2020.
vi. Review of the Non-Financial Activities
The New Life Fellowship Trust is organisationally stable and continues to grow as we have an established group of members. No Gift Aid was claimed during the year.
vii. Review of the Financial Activities
The New Life Fellowship Trust is financially stable. In accordance with the Charities Act 2011 Provision 133: Account and statement an option for lower-income charities, the accounts include a Receipts and Payments Account and a Statement of Assets and Liabilities. Cashflow Statements are also included (Appendix 1 and Appendix 2)
In summarising the 2021 financial performance, the following points can be noted:
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a. The Operational surplus for 2021, after all incomes and expenditures, is £14,604
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b. Pledges, Tithes, Offerings £31,599 in the year. This averaged out as:
£2,614/month (£2,614/month in 2020)
£603/week (£603/week in 2020)
- c. A table of Comparative Financial Performance shows 2021 performance relative to previous years:
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Comparative Financial performance
| Year | Inc £ | Exp £ | Net £ | |
|---|---|---|---|---|
| Actual | 2006 | 7,856 | 8,016 | -160 |
| Actual | 2007 | 7,512 | 9,145 | -1,633 |
| Actual | 2008 | 11,807 | 6,169 | 5,638 |
| Actual | 2009 | 7,090 | 7,024 | 66 |
| Actual | 2010 | 8,135 | 7,871 | 264 |
| Actual | 2011 | 5,664 | 7,418 | -1,754 |
| Actual | 2012 | 13,745 | 8,936 | 4,809 |
| Actual | 2013 | 20,368 | 23,116 | -2,748 |
| Actual | 2014 | 16,236 | 15,308 | 928 |
| Actual | 2015 | 24,713 | 24,005 | 708 |
| Actual | 2016 | 22,698 | 21,076 | 1,622 |
| Actual | 2017 | 14,542 | 18,243 | -3,701 |
| Actual | 2018 | 29,607 | 15,996 | 13,611 |
| Actual | 2019 | 23,155 | 35,633 | -12,478 |
| Actual | 2020 | 31,367 | 24,989 | 6,378 |
| Actual | 2021 | 31,599 | 16,995 | 14,604 |
viii. Reserves
New Life Fellowship reserves have increased by £15k from 2020 to 2021, due to general reduction in costs and transfer of £12.5k to PCU account:
| Opening Reserves In-year Surplus / (Deficit) Refunds received Closing Reserves, reconciled to Bank Statement |
£ 13,860 £ 14,604 £ 659 £ 29,123 |
|---|---|
Ix Independent Examination
BFS Associates Ltd have been appointed to carryout an independent examination of these accounts.
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3. Receipts & Payments account 2021
New Life Fellowship UPC
Receipts & Payments account for the period 1 Jan to 31 Dec 2021
| Income Tithes & offering Unpaid Cheque Gift Aid Other Income Total Income Expenditure Pastors Stipend Pastors other exp (church) Stationery Office / Printing Telephony & ITC IT Hardware & Software Love Offering Supplies Insurance Utilities Professional Fees CCLI Missions Hardship Fund Fees & Subscription UPC District Sub Rent Car Park DBS Pastoral Tithes Building Maintenance Security Costs Equipment Christmas Expenses Sunday School Love Offering Total Expenditure In-year Surplus/(Deficit) |
2021 £ 31,139 -40 0 500 31,599 3,250 1,255 1,690 461 603 779 466 531 2,404 575 117 0 300 150 500 40 129 100 2,142 782 551 81 89 16,995 14,604 |
2020 £ 22,609 0 7,477 1,281 |
|---|---|---|
| 31,367 | ||
| 2,200 2,124 445 490 570 100 129 688 1,595 500 0 480 900 728 83 40 0 500 10,619 773 2,027 0 0 |
||
| 24,989 | ||
| 6,378 |
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Note:
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a. See Appendix 1 for detail of New Life Fellowship UPC - 2021 Cash flow - Income
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b. See Appendix 2 for detail of New Life Fellowship UPC - 2021 Cash flow – Expenditure
4. A Graph Showing the Top 10 Categories of Expenditure in 2021
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Expenditure for 2021
4% 3%
4%
23%
5%
6%
4
11%
15%
13%
15%
~ Pastor Stipend . Utilities ¥ Building Maintenance
. Stat Office / Printing x Pastors Expenses (Church ¥ Love offering
Security Costs IT Software Professional Fees
Conference subs
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5. Statement of Assets & Liabilities 2021
New Life Fellowship UPC has rights of ownership, risk, and reward over the following assets.
NOTE: As New Life Fellowship completes its building development and grows its asset base, it will be necessary to re-evaluate its asset value by conducting a proper valuation of the property and by identifying any new fixed assets within the organisation’s remit of ownership and control.
New Life Fellowship UPC
Statement of Assets & Liabilities as at 31st December 2021
| Non-current assets Church Building CURRENT ASSETS NLF Project Account 12,525 NLF Current Account 16,598 29,123 CURRENT LIABILITIES Creditors Loan amout to be repaid 0 0 NET ASSETS Financed By Reserves b/f Building 387,000 Opening Capital at at 1st Jan 2020 13,860 Refunds 659 In the Year 2021 surplus |
2021 2020 387,000 387,000 25 14,494 14,519 0 29,123 0 14,519 416,123 401,519 387,000 7,482 401,519 394,482 14,604 6,378 416,123 400,860 |
2021 2020 387,000 387,000 25 14,494 14,519 0 29,123 0 14,519 416,123 401,519 387,000 7,482 401,519 394,482 14,604 6,378 416,123 400,860 |
|---|---|---|
| 400,860 |
6. Independent Examiner Report
i. Independent accountant’s report to the Trustees
Mr Brian Smartt was appointed to conduct an independent audit for the New Life Fellowship UPC 2021 accounts.
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ii. Responsibilities of trustees and independent accountant
- Trustees of New Life Fellowship UPC are responsible for preparation of the accounts and should consider that the audit requirement of Charities Act 2011.
It is the Auditor’s responsibility to state, on the basis of procedures specified in the General Directions given by the Charities Act 2011, whether particular matters have come to attention.
iii. Basis of independent accountant’s report
The Auditor’s examination was carried out in accordance with the General Directions given by the Charity Commissioners. It includes:
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A review of the accounting records kept by New Life Fellowship UPC, and a comparison of the accounts presented with these records.
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Consideration of any unusual items or disclosures in the accounts, seeking explanation from trustees in respect of any such matters. Note: there were none.
iv. Independent accountant’s statement
In carrying out my investigation and assessment of the financial position of New Life Fellowship UPC, there are no matters of concern.
Examination done by Mr Brian Smartt on behalf of BFS Associates Ltd (reg number 08166031)
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Appendix 1: New Life Fellowship UPC - 2021 Cash flow – Income
| Opening balance - Current a/c Opening balance - NLF Proj 50 Income Tithes & Offering UPC Disc Contribution Gift Aid Pledge Baptism Returned funds Total Income |
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total £ £ £ £ £ £ £ £ £ £ £ £ £ 13,863 15,986 17,848 19,587 20,431 21,412 25,647 25,052 26,014 26,700 28,463 28,410 28,464 659 - - - - 12,500 - - - - - - |
|
|---|---|---|
| 13,863 15,986 17,848 19,587 20,431 21,412 25,647 25,052 26,014 26,700 28,463 28,410 28,464 |
||
| 3,154 3,366 2,666 1,767 2,226 4,985 3,305 2,120 1,931 1,662 1,935 2,021 31,139 - - - - - - - - - - - - 0 - - - - - - - - - - - - 0 - - - - - - - - - 500 - - 500 - - - - - - - - - - - - 0 - - - - - - - - - - - - 0 |
||
| 3,154 3,366 2,666 1,767 2,226 4,985 3,305 2,120 1,931 2,162 1,935 2,021 31,639 |
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Appendix 2: New Life Fellowship UPC - 2021 Cash flow – Expenditure
Expenditure
| Parking Pastors Expenses Insurance Fees & Subs Stipend Professional Pastor Tithes Broadband Printing Gas Electricity Water Security Equipment Building Works Computer Accessories Love Gift - general Love Gift - speaker Love gift - Sunday School Conference Hardship General Expenses Rev Entry Monthly Surplus / (Deficit) |
- - - 10 - 10 - - 10 - - 10 40 213 107 - 137 100 129 225 119 246 - 113 213 1,602 - - - - - - - - - - 531 - 531 - - 32 - 150 - - - - - 129 85 396 250 250 250 250 250 250 500 250 250 - 250 500 3,250 - - - - - - - - - - 575 - 575 - 100 - - - - - - - - - - 100 38 38 38 38 38 38 38 38 38 38 38 38 461 148 177 - 148 - - 1,304 90 - - - - 1,867 243 101 265 - 239 95 16 11 - 29 - 149 1,147 74 74 74 74 74 74 74 74 74 74 74 74 888 - - - - - - - - - 192 - - 192 65 65 65 65 65 65 65 65 65 65 65 68 782 - 116 90 - - - - - - - - 276 482 - - - - - - 1,680 - 462 - - - 2,142 - 226 28 - 329 - - 10 - - - - 592 - - - 51 - - - - - - 100 15 166 - 250 - 150 - - - - 100 - 113 - 613 - - - - - 89 - - - - - - 89 - - - - - - - 500 - - - - 500 - - - - - - - - - - - 300 300 - - 45 - - - - - - - - 239 283 - - 40 - - - - - - - - - - |
|---|---|
| 1,031 1,504 926 924 1,245 750 3,901 1,158 1,245 398 1,988 1,967 16,998 |
|
| 2,123 1,862 1,740 844 981 4,235 (596) 962 686 1,763 (54) 54 14,641 |
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