Charity no. 1110194
NEW WAY CHRISTIAN LIFE FELLOWSHIP UK
REPORT AND FINANCIAL STATEMENTS
Year ended 31st December 2024
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NEW WAY CHRISTIAN LIFE FELLOWSHIP UK Report of the trustees for the year ended 31st December 2024
The trustees present their annual report and financial statements of the charity for the year ended 31st December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's trust deed and the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities.
Objectives and activities for the public benefit.
The purposes of the trust are:
The proclamation and furtherance of the Gospel of the Lord Jesus Christ through the nation by any charitable means for the advancement of the Christian faith and Christian religious education.
To promote a Christian counselling service for the relief of persons who are in conditions of need, hardship or distress.
The trustees confirm that they have referred to the Charity Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
To benefit the public in the most effective way, the trustees have decided to operate separate strategies aimed at those who do not have a relationship with Jesus Christ and those who have already accepted Jesus Christ as their Lord and Saviour.
Non believers are targeted by various outreach activities based either in the local community or further afield.
By becoming relevant, accepted and known in the local community, the trustees believe that they can demonstrate their beliefs in a real way.
For believers, the trustees endeavour to create an environment where a person's faith can be increased and matured.
Services, groups and resources are made available through the following regular activities:
Regular biblical teaching Praise. Worship and Prayer meetings Provision of pastoral work
Visiting and praying for the sick and infirmed Counselling the spouses during marriage issues and breakups
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NEW WAY CHRISTIAN LIFE FELLOWSHIP UK
Report of the trustees for the year ended 31st December 2024.
Objectives and activities for the public benefit (Contd)
2024 has been a fulfilling and productive year for the Ministry. With more space and time to extend its mission, the Ministry has successfully conducted various mission trips and strengthened its engagement with the Ash Vale Community.
Battle Rhythm
A steady and purposeful rhythm has been established to promote spiritual growth and consistent fellowship among church members.
Monday: All day fasting with individual prayers during free time and breaks. Wednesday: Mid-week Fellowship at 7.30pm Friday: Alternating between Prayer Power Night and Dubai Fellowship. Sunday: Sunday service at the Chapel from 10.30am. Midnight Prayers: Held on Monday, Wednesday, Saturday and Sunday from 10.30pm
Mission Highlights
Kenya Mission trip - December 2024
The Men's Ministry led a fruitful mission trip to Kenya where they:
Conducted seven weddings for NWCLF Pastors Initiated groundwork for Africa Mission Projects across Mt Elgon, Turkana, Lokichar and other African regions.
Greece Study Trip - June 2024
A successful study trip was undertaken by the Men's Ministry to Greece for spiritual enrichment and fellowship.
Women's Dubai Mission - April 2024
The Women's Ministry embarked on a mission trip to Dubai to support and empower Fijian nurses working in the region. The visit was deeply impactful and spiritually uplifting for all involved.
Building Projects
Malolo Church Project: Successfully completed with the charity's support.
Pakistan Church Project: Nearing completion. Plans are underway for Rev Raqio to officiate its official opening.
0
Church property acquisition
Future Intentions
The ministry continues its patient and prayerful search to acquire a permanent
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NEW WAY CHRISTIAN LIFE FELLOWSHIP UK Report of the trustees for the year ended 31st December 2024.
Church property acquisition (contd)
church property in the Aldershot, Tongham, Ash Vale or Fleet areas.
A year long lease has been secured at Tongham Community Centre for monthly combined services - eliminating the pressure to rush into a property purchase.
Governance Departments
The Trustees are considering transitioning from a Board of Trustees to a Board of Directors to mitigate legal and financial risk and strengthen the governance structure for future growth. This remains under discussion and is part of the ministry's forward planning.
Financial review
The work of the trust is entirely dependent on the voluntary offerings of people attending the various meetings that have taken place during the year.
The income for the year increased by 63% to £247,403 (2023 = £151,297 ). This includes amounts received under the Gift Aid system.
Reserves policy
The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to enable financial commitments to be met and also give them enough time to review and revise ongoing commitments should a long term decrease in income be recognized.
The level of unrestricted reserves as at 31st December 2024 was £388,193. Three months average expenditure totals £39,000
The current level of reserves is therefore adequate in the opinion of the trustees.
Structure, governance and management
The trust is a registered charity, number 1110194 and is constituted under a trust deed dated 31st May 2005.
The trust does not raise funds from the public and seeks to continue its charitable works through the careful stewardship of the donations from members.
New trustees are appointed by the existing trustees.
There are regular meetings of the trustees where they agree on the future broad strategy and areas of activity.
They also review the level of reserves, risk management policies etc. The day to day leading of the charity is delegated to the senior pastor.
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NEW WAY CHRISTIAN LIFE FELLOWSHIP UK Report of the trustees for the year ended 31st December 2024.
Structure, governance and management (Contd)
New trustees are chosen from the membership after showing continuous integrity and faithfulness to the charity. Before accepting the position, the potential trustee is given copies of the Trust Deed, previous financial statements and meets with the existing trustees for an overview of the plans of the charity for the future. Any training requests are quantified and arranged as necessary.
Key management personnel remuneration.
The trustees consider the board of trustees and the Senior Pastor as comprising the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a day to day basis. All trustees give their time freely and no trustee remuneration was paid in the year. There were also no trustee expenses paid or related party transactions to report.
Trustees are required to disclose all relevant interests and are required to withdraw from decisions where a conflict of interest arises.
The salary of the senior pastor is reviewed annually by the board of trustees.
Reference and administrative information
Trustees
Setareki Tuinaceva (Chair) Inoke Vavataga Aisea Kotomaikaciwa Atunaisa Lalauvaki Simione Tuisinu Senior Pastor Pastor N Raqio
Principal office 6 Ingle Green Southampton SO40 2SN
Independent Examiner
George Kitcher FCA Regus 15th Floor, Brunel House Fitzalan Road Cardiff CF24 0EB
Bankers
National Westminster Bank
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NEW WAY CHRISTIAN LIFE FELLOWSHIP UK Report of the trustees for the year ended 31st December 2024.
Risk management
The main risks faced by the trust are as follows:
a. Financial
This facet includes any serious decrease in the amount of income received and thereby causing the trust to be unable to meet its financial commitments. This has been mitigated by the trust receiving regular up to date quarterly management accounts to enable the trustees to plan accordingly.
b. Reputational
Much effort has gone into ensuring that the young and vulnerable members of the charity are kept as safe and secure as possible during all activities organised by the charity.
The ratio of competent adults to children has been reviewed and revised to what has been considered to be more reasonable. DBS checking for all involved has been upgraded and placed on a more secure footing.
A sub group has also worked with the manager of the sites of the summer and
winter camps to ensure that valid risk assessments have been carried out and put in place.
The trustees are continuing to work on relevant policies to ensure that they are doing everything possible in this important area.
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NEW WAY CHRISTIAN LIFE FELLOWSHIP UK Report of the trustees for the year ended 31st December 2024.
Trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)
The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements in each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the applicable Charities SORP;
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make judgments and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees on 27th September 2025 and signed on their behalf by:
S Tuinaceva - Chair of Trustees
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Independent Examiner's Report to the Trustees of:
NEW WAY CHRISTIAN LIFE FELLOWSHIP UK
I report on the accounts for the trust for the year ended 31st December 2024 which are set out on pages 9 to 15 .
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act
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- follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and
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- to state whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with the General Direction given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees on any such matters. The procedures undertaken do not provide all the evidence that would be required by an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no material matters has come to my attention which gives me cause to believe that in any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements
set out in the Charities (Accounts and Reports) Regulations 2008 other than the requirement that the accounts give a "true and fair" view which is not a matter considered as part of the 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.
| George Kitcher FCA | George Kitcher | George Kitcher | |||
|---|---|---|---|---|---|
| Chartered Accountant | 29th September 2025 | ||||
| Brunel House | |||||
| Cardif | |||||
| CF24 0EB | Page 8 | ||||
| NEW WAY CHRISTIAN LIFE FELLOWSHIP UK | |||||
| Statement of Financial Actvites | |||||
| Year ending 31st December 2024 | |||||
| Designated | U/Restd | Total | Total | ||
| NOTE | Funds | Funds | Funds | Funds | |
| 2024 | 2023 | ||||
| £ | £ | £ | £ | ||
| Income | 1 | ||||
| Donatons | 3 | 0 | 240,596 | 240,596 | 145,997 |
| Investment Income | 4 | 0 | 6,807 | 6,807 | 5,300 |
| TOTAL INCOME | 0 | 247,403 | 247,403 | 151,297 | |
| Expenditure | |||||
| Expenditure on charitable | |||||
| actvites | 1,5 | 0 | 156,321 | 156,321 | 140,006 |
| TOTAL EXPENDITURE | 0 | 156,321 | 156,321 | 140,006 | |
| Net incoming/(expenditure) | 0 | 91,082 | 91,082 | 11,291 | |
| Reconciliaton of funds | |||||
| Total funds brought forward | 344,124 | 294,660 | 638,784 | 627,493 |
| 344,124 | 385,742 | 729,866 | 638,784 | |
|---|---|---|---|---|
| Transfer between funds | -2,451 | 2,451 | ||
| Total funds carried forward | 341,673 | 388,193 | 729,866 | 638,784 |
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NEW WAY CHRISTIAN LIFE FELLOWSHIP UK Balance Sheet as at 31st December 2024
| Total | Prior | ||
|---|---|---|---|
| NOTE | Funds | Year | |
| £ | £ | ||
| Fixed assets: | |||
| Tangible assets | 7 | 11,673 | 14,124 |
| Total fxed assets | 11,673 | 14,124 | |
| Current assets: | |||
| Debtors | 23,896 | 35,423 | |
| Cash at bank and in hand | 699,581 | 593,839 | |
| Total current assets | 9 | 723,477 | 629,262 |
| Liabilites: | 10 | ||
| Creditors falling due within | |||
| one year | -5,284 | -4,602 | |
| Net Current assets | 718,193 | 624,660 | |
| Net assets | 729,866 | 638,784 |
| The funds of the charity: | 1,11 | ||
|---|---|---|---|
| Designated funds | 341,673 | 344,124 | |
| Unrestricted income funds | 388,193 | 294,660 | |
| Total charity funds | 729,866 | 638,784 |
The notes at pages 10 to 14 form part of these accounts
Approved by the trustees on 27th September 2025 and signed on their behalf by:
S Tuinaceva - Chair of Trustees
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NEW WAY CHRISTIAN LIFE FELLOWSHIP UK
Notes to the accounts
1. Accounting Policies
(a) Basis of preparation and assessment of going concern
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities, the charity's Trust Deed and the Charities Act 2011.
The accounts have been prepared under the historic cost convention with items recognized at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
(b) Funds structure
All of the charity's funds are unrestricted which the trustees are free to use for any purpose in furtherance of the charity's objects.
The trustees have decided to allocate some of these unrestricted funds to a designated fund which will be used to pay the deposit on a suitable building for meeting purposes as and when a suitable building becomes available.
The designated fund also represents the investment in fixed assets owned by the charity totalling £11,673 at the year end (2023 = £14,124 )
The balance of the designated fund at the year end is £341,673 (2023 = £344,124)
(c) Income recognition
All income is recognized once the charity has entitlement to the income, there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Donations from members and other donations are recognized when received.
Income in respect of HMRC Gift aid claims is recognized when the claim has been submitted to HMRC.
Interest on funds held on deposit is included upon notification of the interest payable by the Bank.
(d) Expenditure recognition
Liabilities are recognized as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured quickly. Page 11 NEW WAY CHRISTIAN LIFE FELLOWSHIP UK Notes to the accounts
All expenditure is recognized on an accruals basis.
(e) Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure head for which it was incurred.
(f) Governance costs
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include the independent examination and any costs incurred relating to trustee board meetings.
(h) Charitable activities
The expenditure on charitable activities includes the governance costs and is shown in note 5.
(i) Tangible fixed assets and depreciation
All assets costing more than £750 are capitalised and valued at historic cost. Depreciation is charged from the year of acquisition at rate of 25% pa on a reducing value basis.
(j) Pensions
The charity has entered the Auto-Enrolment system to provide pension contributions for its employee.
2. Related party transactions and trustees' expenses and remuneration
The trustees all give freely of their time and expertise without any form of remuneration or other benefit in cash or kind. There are entitled to claim any expenses. The amount of expenses paid during the year was £nil (2023 = £nil)
Mr Setareki Tuinaceva, the Chair of the Trustees, received a donation of £2,000 during the year. (2023 = £nil). This amount was included in Donations.
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NEW WAY CHRISTIAN LIFE FELLOWSHIP UK Notes to the accounts
3. Income
| 3. Income | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Donatons | 192,405 | 113,279 |
| Gif Aid | 46,386 | 26,058 |
| Contributons to costs | 1,805 | 6,660 |
| 240,596 | 145,997 | |
| 4. Investment Income | ||
| 2024 | 2023 | |
| £ | £ | |
| Interest on cash deposits | 6,807 | 5,300 |
| 5. Charitable Expenditure | ||
| 2024 | 2023 | |
| £ | £ |
| Ministry Costs | 74,974 | 62,800 | |
|---|---|---|---|
| Worship Team | 0 | 641 | |
| Administraton | 11,484 | 17,357 | |
| Professional Fees | 8,210 | 5,982 | |
| Travel and Motor | 11,434 | 22,019 | |
| Donatons | 28,778 | 16,873 | |
| Actvites | 8,252 | 9,318 | |
| Finance Costs | 450 | 683 | |
| Conference Costs | 11,507 | 0 | |
| Other Costs | 1,232 | 4,333 | |
| 156,321 | 140,006 | ||
| 6. Governance costs | 2024 | 2023 | |
| £ | £ | ||
| Independent Examinaton | 1,850 | 1,650 | |
| Costs of meetngs | 0 | 0 | |
| 1,850 | 1,650 | ||
| Page 13 | |||
| NEW WAY CHRISTIAN LIFE FELLOWSHIP UK | |||
| Notes to the accounts | |||
| 7. Tangible fxed assets | |||
| Equip | Vehicles | Total | |
| Cost | £ | £ | £ |
| At 1st January 2024 | 53,425 | 48,756 | 102,181 |
| Additons | 871 | 0 | 0 |
| Disposals | 0 | 0 | 0 |
| At 31st December 2024 | 54,296 | 48,756 | 103,052 |
| Depreciaton | |||
| At 1st January 2024 | 47,408 | 40,649 | 88,057 |
| Charge for the year | 1,483 | 1,839 | 3,322 |
| Eliminated on disposals | 0 | 0 | 0 |
| At 31st December 2024 | 48,891 | 42,488 | 91,379 |
| Net book value | |||
| At 31st December 2024 | 5,405 | 6,268 | 11,673 |
| At | 31st December 2023 | 6,017 | 8,107 | 14,124 |
|---|---|---|---|---|
| 8. | Analysis of staf costs | 2024 | 2023 | |
| £ | £ | |||
| Salaries and wages | 33,187 | 31,211 |
The average number of employees during the year was 1 (2023 = 1) with all employee time involved in the day to day operations of the charity.
No employee received emoluments of more than £60,000.
| 9. Analysis of current assets | 2024 | 2023 |
|---|---|---|
| £ | £ | |
| Members' Loans | 5,576 | 24,672 |
| Debtor | 978 | 0 |
| HMRC - Gif Aid | 15,730 | 10,751 |
| Venue Deposit | 1,612 | 0 |
| Cash at bank | 699,581 | 593,839 |
| 723,477 | 629,262 | |
| Page 14 |
NEW WAY CHRISTIAN LIFE FELLOWSHIP UK Notes to the accounts
10. Analysis of current liabilities.
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Creditors under | 1 | year | 5,284 | 4,602 |
Included in the creditors is a figure of £1,846 due to HMRC for PAYE (2023 = £4472)
11. Allocation of funds
| Unrestricted | Designated | TOTAL | |
|---|---|---|---|
| £ | £ | £ | |
| Fixed Assets | 0 | 11,673 | 11,673 |
| Current Assets | 393,477 | 330,000 | 723,477 |
| Current Liabilites | -5,284 | 0 | -5,284 |
388,193 341,673 729,866 Page 15