## 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** **----- Start of picture text -----**
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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1 New Life Fellowship UPC 2021 ## **ANNUAL REPORT AND ACCOUNTS TO BE SIGNED BY TRUSTEES:** **----- Start of picture text -----**
NAME: ……………………………………………………….Mr T Haycock NAME: ………………………………………………………
SIGNATURE: …………………………………………....Mr T Haycock SIGNATURE: …………………………………………….
28th Oct 2022
DATE: ………………………………………………………. DATE: ……………………………………………………….
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2 New Life Fellowship UPC 2021 ## **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 3 New Life Fellowship UPC 2021 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** 4 New Life Fellowship UPC 2021 ## **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: - (1) Preparing, in respect of each financial year of the charity, an annual report containing: - (a) Such a report by the trustees on the activities of the charity during that year, and - (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 5 New Life Fellowship UPC 2021 ## **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: - a. The Operational **surplus** for 2021, after all incomes and expenditures, is £14,604 - 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: 6 New Life Fellowship UPC 2021 ## **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. 7 New Life Fellowship UPC 2021 ## **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**| 8 New Life Fellowship UPC 2021 ## **Note:** - a. See Appendix 1 for detail of New Life Fellowship UPC - 2021 Cash flow - Income - 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** **----- Start of picture text -----**
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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9 New Life Fellowship UPC 2021 ## **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. 10 New Life Fellowship UPC 2021 ## **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: 1. A review of the accounting records kept by New Life Fellowship UPC, and a comparison of the accounts presented with these records. 2. 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) 11 New Life Fellowship UPC 2021 ## **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**| 12 New Life Fellowship UPC 2021 ## **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| 13