REGisfERED COMfANI I. ￿li￿lIBER. D.7346i22 IEnxlAnd and Wale51
REGISTERED CIIARITI, liI,'MBER- 1112203
Trnsttts. Report and
Lnaudited Fin9nci¥I Siatements
for the Year Ended 31 hlarch 2023
for
Ple* l¥'orld 1%11551011 Rlssocialion I'.K
(A Companv Limited by Guarantee)
Gar5ide and Co. Limiied
Suite 631. Linen Hall
162_168 Regeni SLreet
London
WIB5TG

New World Mission Association UK
Conittits of the Financial Statem¢nl$
ror the Yexr Ended 31 March 2023
Page
Reference and Administrative Details
Trustees. Report
IndependeDI Ex#mitter's Report
Sixtemtnt of Finanti*l Activitie5
Balance Sheet
CAsh Flow Staternent
13
Note5 to the Cash Flow StatemeDt
14
Notcs io the Financial Statements
15 to 24
DetAiled state￿C￿t of Fin#*ci*l Attivities
25 to 26

NEW WORLD MISSION ASSOCIATION UK
Reference .AdministrAtii'¢ Det#il$
FOR THE YEAR F.YI DED.11 MARCH 2023
TRUSTEES
J I Bedoya Martin
D Ravelo
N Miguel
A Vinasco
A ToJTes
COIMPANY SECRETARY
REC.ISTERED OFFICE
78 SouthwaTk Brid¥e Road
Lolldoii
SEI OAS
REGISTERED cof*XPANY
NUMBER
05346522 (Engl)nd and Wales}
REGISTERED CIIARITY
NUMBER
1112203
INDEPEf4DEF4T E￿￿IllNER
GaTside aTKI Co. Limiied
Suite 631. Linen Hall
162_168 RegeThi Street
Londo
WIB5TG
Page I

P4EW WORLD.MISSIOY ASSOCIATiofs' UK
Trustees. Report
FOR THF. YEAR EINDED 31 hlARCH 2023
Th¢ Tnjstees presertt th¢ir annual r¢p)n togthr w]th the indetthdent examincr rcFOrt of thc fiT￿cial statements foT the
year l April 2022 10 31 Mai¢h 2023.
Since the charity qualifics 85 small ur)der se¢tioTh 383. the strategic rew>rt required of tnedium a]kl large companies under
The Companies Act 21￿0 (Strategic Report and Di[￿10￿5 Rep)n} Regulaiion$ 2013 is noi require
The Chariry a]so trades utmler the name EWMA.
OBJECTIVES ATriD AcfiviTIES
Policies and objeclives
'I'he 1'ruslees contitm ih)t when reviewing the Chariws aims. aTKI planning the objectives aJKI acti￿ltieS. they have had
diie T¢¥ttrd lo ihe Chariry Commission's guidance on publi¢ bertfii and its partictslar the stspplcjncniary guidan¢e
regarding the advancement of religion.
Thc obj¢ctive5 of the ChaTity ajr sei olli in goycrning documcnt a￿1 can be su[nMaris￿ &s'.
* Ti)c advanccffient of th¢ Chnstian Faith:
+ Relief foi those in need, hardship or distress,. and
* Tl)e Jdvanccjneni of educaiion on the b&sis of Cljtislian PTinciplfS
Oiir currcnt prin¥tpal aims ar¢ to be..
A Mission Church.. to communicat¢ the lov¢ of Christ ix)th lo¢ally and globally
. A Model Church.. io ¢ontinue w develop a m￿ti-rac1al. muiti-age community that demonstraies the Kingdom of G¢xl as
taLighi in ihc ncw resrameni
. A Multipliuiion Churih.. to ¥ear for ot)-going growth in the UK and overseas
. A Media Church.. to creat￿￿e[Y ￿￿e ail modem methLMLs of COn￿￿u￿1ca1io￿
Objective5 for 2022121b23
Iii essence. our god15 fvT 2(J2212023 Is a continuaiion of the goals ofthe previo￿8 year. namely-
Tu t)ev¢lop stronger devoliiM]al foutjdation thn)ugh times of ptayer and f&%ting: and pro8iatntne of Bible reading for
Church members
. To develop sironger Icadcrship foundations
. To Jcv¢lop greater pastoral care through the netwolk of groups that the thurth has
. To develop our provision of CQTnfort and supwkrt for th¢ b¢ieav¢(L hurttng and n￿rgiNall5¢d
• To conliniie the developmeni of our mini2trieÈ io the Youn￿ and old. and Ma￿led and siiigrles
. To support the developmeni of family life both wiihirt the ehurch and in lttal cotntnunitie5
For Siinday att¢ndaThc¢ and church atlendance ihroiigh 5fftall groups 8row and exter￿. crtaiing morc Sunday Servite
Community d¢%ire 10 continue sernirtg the l(xal commurtilies
Strategies for achieving objectiYe5
The strategies for aLhiei'ing the aims aThl objettives ate set out In the home small groups vision dcveloped by
many churches around Ihe WQTid with many huTKireds of thousaniLs ofmemtrErs. Inspired by ihe remarkable growth and
qiiality of this N'isio]L New World Mission Associaiion kn adopied the small groups ViSiOEJ. The swalcgy is based on
Chri51's example of training dixipks who would in turn make furthcr disciples and is a four-siep process".
Il'lIN new believeT$ through p2t50na] friendship as w¢ll as through invitations to leam of the Chtistian me55age in
public scrviccs and in smaller group mcctings-
. CON8OLIDATE {atTim) in Ihe faithl new Christtans - ijii]tiwing them in their faith and supp)rting theni with care and
coun5cI.,
. DISCIPLE lor Inin) klievers Èn the Christian Life through 5mall'di5cipleship' grow)s and the's¢hool of leaders, and
. SEND lor launchl Chrisila￿ it)lo leadership- reprLKlucing what they have expeticnccd
Activities for achieving •bjectives
Thr Chority Tuni ItKal Jriiyiiics as wcll a5 aCti)IiiC5 furtkr aftcld in parts￿[shIp wi￿1 othcr orgallisaiions..
Pa8e 2

NEW M'ORLD.MI&SION A￿(￿lATION UK
Trustees, Rtport
FOR THE YEAR ENDED 31 hlARCH 2023
OWECTIVES AND ACTIVITIES
LOCAL CHURCH AcfiviTIES
Sundav Service
We have 6 s¢rvic¢s in 6 Iwaiions, we are one church with manyrampu5cs. we have our.
Pimlico Campvs on Lupus StrttL Pitnlico Academy. SWIV 3AT. this catnpus holds bilit)gual setvice (Spanish ￿ld
English)-
Central CampLS at Angel V￿e Cinem& Screen 6, 36 Parkfiel StreeL NI OPS. English-speaking Campus",
Straiford Campus, London Academy of ExcellencE 322 High Streel [15 IAJ, this carnpus hol¢ls bilingual servic¢
ISpat]ish and En¥lish)-
man￿ House Campus. Skinners Academy. W(MMJlw GJDv< N4 ISY, this carnpu5 holds bilingual se￿iCe (Spanish
and English)
Flephanl AtLd Casilc Campus, Southbank Atademy, Tra[al￿r StrecL SE17 2TP. this Campus holds biliRgual s¢rvi¢e
{Spanish gnd English)..
Berniondsey Campu5, City of London Academy. LJTrlon Road, SEI SLA, this campus hold5 bilingual service (Spanish
and En¥lish):
Each campu5 has chilthen's progrdm and iranslalion Inlo English or Spanish simulianeously stage.
Communitv Groupsl C Group5
Our small groups are kno￿.￿ as ¢ells, as rhe Bjble refe15 to ihe church &$ a tK)dy of believeT5 and the cell is Iht b&8ic
component of rhc bo(ly. Sinall groups "cells- Iirc operi to Chnsiiarts and nonQhri5tian5 olikt Iv Icarn about Ihc l¢a¢hings
of Jcsus There are cclls for all aocs." ¢h51dr¢n. youth and adults. Wc also ntn th"sciplcship cell gTOUPS whi¢l) eonsisi of up
10 12 church mcmbcrs who tommiiied io suP￿rt and ¢ncourage each other in their ChrtsliaD Iiiies.
Retreats
F.ncounier weekends, pre-En¢ounier and posi-Encounler are for anyone who has decided t(> join ihc churcl).
Th¢y lottn Ihe corc of our 'consolidation' stF2iegy, cnabling Feople lo have a rcal cncounter with (i(xJ, 10 ¢n5ure th
have a clear Ullder5tsndin¥ of the Christiaji ￿t￿sage, be sd free fwm hwts and leatn Iiow thc ¢hurch Or￿rai¢S and
how to fuid theii place within it.
L¢#dership training and World lithk Mission School
'IThc 'School of dT%¢iples' is run lo provide a thorough grounding in the ieachings of ihc Biblc and traiii Chrisiiaiis to ruli
their own small 8roup8. C13Lses are once a u'eek and the sthwl last a mininium of a y¢ar_ This is 2 eore pan of the
'Di5ciple' strniegy. In addition we ihe 'World liith mi￿10￿ School. for those who want to advancL thLir studies, dii8 is
also Irainitig for those thai are preparing fly the pastoral minis￿. atld th0￿ WI￿ are opening new churches within Our
netwvrk within London and inl¢TnatioTrally.
BaplT5m strvites
CCL yearly liold bapiism services, these are for new membus who have made a decision 10 be a disctple of Je5U5 ChrisL
we hold the baptism s¢tvice at differcnt venu¢s (Baptsst ¢hur¢h'sl.
Media
We have a small rncdia Icam that is Com￿)sed of stsff and volunteers, they help through 5wJal tnthlia and cliurcli web
patse updaic atjd inform all that thL Church is doino a¢ross the campux% w'e also pul thc Sunday scrnion5 onlin¢ for
thos¢ who c&t)'t attcnd Sunday SL'rvice. Wc have also improviTh8 CHURCH ONLINE, a Christian live streaming service
by social Tndi4 Fdcebtx)k and YouTubE.
Evangelism on ihe Streets
Leadcrs of ilie cliurcli program a weeke￿d oDce cvery month atN)ut 60 leaders and n￿mI￿S go to help Ihe poor aiid
[na[gi￿]is¢d by giving fLx)d alld ¢lothing and conneci them with organisation thai ¢an help them to find accoTnmodaiioii
dnd Louiiscl.
Page 3

EW WORLD MISSION ASSOCIATIOli UK
Trustees. Report
FOR THE YEAR EiSDED JI MARCH 2023
0￿ECTIVEs APID AcfivITIES
Seminar5 and conferences
CCL LliurLh will Inviie guts¢ sp¢4kets throughout the vear to build up the congregation H'ith scmiTMrs and COnfe￿n¢¢5.
these wtll be held ai ditTereni times of the yeat and will f(Kus h¢lping build up the men's Detwoik. womeji's neThvork
aDd youth and children'5 network. CCL will COV￿ the costs for th¢ sF¢ak¢ts for these serninars arml conferences.
Churches and Mi55ions
The Church provtdes pasioral ovetsighi to churches in Spaitk. Ecuador. C4>lumbia artd Peru, we work closely on the
development and activitie5 of those churches and missions. The Charity )lso send5 dclegatcs to pathcipat¢ #nd speak in
Ihese ¢huTclies and missions.
Ecuador
We coniillue lo hold a building for our church in Quito, Ecuador. However, for the sttk¢ of p￿d¢￿ce w¢ havc dccmed it
Irtappropna￿ to h)ve the value of this building slmiwing In lh¢ a¢¢ounts until legal owncrship is fully SttUTcd. The legal
costs for the year asgociaied with the Ong0￿g pr(Kess of seeuftng owneTShip constitut¢ thc bu]k of the legal and
professLonal fees stated Jn ihe accounts.
Page 4

NEW M'ORLD MISSION ASSOCIATION UK
Trustees, Keport
FOR THE YEAR EYDED 31 MARCH 2023
OWEcfivES AND èicfiviTIES
Voluntt¢r$
All tliL charity's 2cliviiies are facilii*ed in some respeci by dedIca￿d v01wi￿rs. severnl htsndred of whom give their
iinie 10 a5SiSi in Some way- for example fi]IfJllane a tole in our Sujiitsy service, annua] conferejice, assisiijig in the church
office OT WOTking with children ￿ youth.
Public benefit
The Ttusiees haye considered the Charity CoTnmi*sionet< Guidan¢¢ on Publi¢ Benefit atHJ. irk particular, the SFtcific
guidance OD Chantjes for Advgn¢¢meni of Reliwon gnd is satisfi¢d that the activ5ts¢S of New World Mission Association
UK fall wiihjn such guidance_
ACHIEVEMENT AYD PERFORMANCE
The following 15 a sumtnary ofouT achievetnents For the yeat eT￿l￿g 3110312023
School of dL5riple5
The school of djsciples now an averdge of 50 students every trimester- an improvemcnt on last year.
School disciples
Th¢ s¢hth)l of di5cipIcs [￿W h&$ ath average of70 sThJdenis every tnmester- an improvemcni on last year.
Medt2
W¢ have improvcd our websiic and coniinuc ro strcam the Sunday seTr'ice in foul of our catnpus online. Now that we
gather physically we Continue 10 upload thc Sunda) messagcs through Sound cloud so ihai Ihe membeTS )nd new people
can have aeccss io the message5.
May of the home groups still meet weekly online through the zoom platfom). We are working in improvi118 OUT social
media pr¢s¢zJc¢ ¢very week and are planning kn tske it to the next l¢vel as w¢ understand the iniportance of tliis {see
Futuie Plans below.
1is51011$
We 112ve a CIJuTLh in Ecuador and also 5 chutches in SFHin. Tht Chthrhes do ditTercnt activitics such as W￿klY
meetings and retreais and Ihe annual confemKe this is io help the growth of the Chuich.
We have i)pened two wells in Nigcria ihi5 ycar and plan to opth more wells in ihe futurc.
Our Church in IA*ndo
Wc havc six camp115cs whete we gather the Church every Sunday. We cutrently have approximaiely 800 men)bers
cross Ihe six Campuses which m&ins we n73inlained rnosi ofour memb¢rs durin¥ the diificull limes of Cov2d.
The Church also tneets In small groups every week. we hav¢ alx)ui LIMI Small wups.
Encounter retreat5
CCL ¢ncount¢rs we held at Outsource hotel thjring the year. We had a total of10 en¢oun¢ers dwing the y&w.
Tot21 people baptiscd
During Iht year IIMJ pcoplc wcre baptis￿1
FINANC.IAI. REVIEW
Fin#n¢Èal sunjmar)
New World Missioii A5SO¢iation UK INEMMA UK) ended the year willi a deficit oji general funds of £142,385 (2022..
£2,766 surplus ) the details of which can be 5¢en in the athtsexed f￿anCIal 51alements land noicsl for the periiKi.
The T￿￿1¢¢5 are very I1￿)kfi)I lo all the rnewnbers (2nd oiher siakeholdetsl for their coniinuous geTreiosiry whtch eii¥bles
the ChiirLh lo mainlain it's amy of aciiviiics in IhGE¢ thttllengirtg iimcs.
Page 5

NEW WORLD MISSION A&SOCIATION UK
Truste¢s' Reporl
FOR THE YEAR EINDED 31 MARCH 2023
FINANCIAL REVIEW
Reser¥e5 polie
Thc Board of TTus*es has examined the Charity'5 requiTEments for Teserves in lighi of the main risks io the organisaiion.
Our current policy is to aim 10 mainiain ai least three t￿NthS of all expenses. B&%ed on the iothl expendill￿t i
202212023 this is in the region of £164,793 12022.. 149.(KKI).
At th¢ end of 31103n023 the charity held fr¢e ush T￿rVeS of £67224 12022-£194,1271. The Charitgs main asset is a
fre¢hold building which is largely uneneumbered and could be ulilis¢d to provide 3dditson liquidily if TeqUjT¢d.
Notwithstanding t￿"5 we focused on building up cash rcscrvcs gojng fonvard.
Going concern
Aftcr making appropriale enquiri¢s. th¢ tru5t¢¢5 havc a rtay>nablc cxpccthtion thai thc ehariiy has adcqualc resour¢¢s to
contiDue In operation21 exisience for ihe forcieeable fuDJre. For this rea￿Tr they Continue to 3dtspt the going Concetn
basis in preparing the financial 51alemetLts. Further detsils regarding the adopii4M) of the going eonLYm basis be
found in the A¢¢ounting Poli¢ies.
FtrruRE PL￿Ns
We are working 10 rLlaunih the 2022 ChurLh Vision as we tK)w seeing niorneniuni of new and tEgulaT men)krs. Thi
means we need to double dow￿ on ¢ommuni¢atin¥ aTrJ ¢larify"Ig the vision ofour chureh_
We are looking for new P￿t￿lSe$ whete wt ean also hold Churcli setvices as well as do other aciiviiies like hold
departmenial meeting, worship rehearsals and building OUfWOT5hip and tncdia niiT)istyics.
TheicftsTe, we intend to launch a fllnilrdising Campai￿ io an appropriare building. Th¢ campaign may include
csiablishing a ncw building fund and s¢lling the Etuadtsrbuilding.
Another strategic obj¢dive is to fither strengthen the Media departtnent tts. not only to ￿tter prOT)￿te our church and
it's [nI￿lOn in Ihe UK 2nd abr()art bui 21s() to promote speeific I￿2[ communiry training and ini¢mship progratns. Such
programs include initiatives like C￿eer developmeDI projeLts {e.8. seeking. ereaiing Cvs and pracii¢itLg job
intet¥i¢wsl and educating families on how io navigaie online safely_
STRucfiFRE, GOVEILYANCE AND MANAGEMEfiT
Governing docujnent
Th¢ thzrity is tontrolled by Jts govtming docurt￿n4 a deed of a￿4 consijthies a liwnit¢d company. limited by
guarantec, as dcflncd by the Companies Act 21X>6.
Consiilution
Ncw World Mission Aswialion is a tLon-denomJnationa] church basd ID Lon(lon UK. The Chariry is governed by ihe
slees and registered with the Charity Commission.. Charity NumE¢r l 112203.
New World Mission A$￿)c1allon UK is registerd also as company. Company Numlxr". 5346522.
The Charity w&$ inCor￿rated on 28ib January 2￿15 and is govemed by a Memornndutn and Articles of Association.
ThL A&sociatiota wtss rewsieied with the Ch￿lty Cornmi55ion on ihe 2?nd Novem￿ 21)05 in accordance with the
Charities ACL New World Mission Associ21ion is a ch￿11￿bIt In￿1 arKI is rnn by a iK)aid of Trusiees.
Oiir Objeeiives lo advance the Christian Faiih and educ*ion in Churehes estsblished and maiiitained by Ihe Chariiy, to
teach an PTcpaic Missio￿leS, to organise cotnrnunity and social wotK lo relieve for tijose in need, hardship, distres$ 01
poverty within the United Kin¥dom and Ihrougboul the World.
Method of appoinlrnent or clertio￿ of Trusltts
Trustec5 may bc 3ppoinLcd by a fotn]al n￿￿or￿nth1￿ of spiritual leader5 of ihe Church. TnJ$iees rnu51 be a member of
the church and accepl the doctrine of the Church. Truste￿ arc appointed in actoithnte with th¢ provisions of Ihe
Anicles of the Charity and with reference io the ASs￿La11011'S Govemartte Poli¢y.
Pulicies adopted lor Ihe induclioTh ADd trAiDing ofTru5tee5
Ti)e Tru%lee5 aTe requiTed io i¢ad the Charily Commissiotb guidance 'ilK effective TtlLs*e" and encoulaged io read their
other publicaiion5.
Page 6

.NEW W'ORLD D+lISSION UK
Trustees, Report
FOR THE YEAR E￿DED 31 MARCH 2023
STRUC"fuRE, GOVERNANCE Af*D MATr4..IGEMENT
Paw policv for senior slaff
Thc ¢liaTltv lia5 considcrcd its p)licy fgr 5eiting thc pay and ￿Muneral10￿ of the charity's key managcmcni ￿]sonn￿l.
This i5 based on past ¢XP¢Tience and levels set by similar organi5ations. The t￿le£S iogether with the minjster are
working ort a new policy for ministcrs aNI church leaders.
Organisatllbngl structure and decision rnaking
The sirniegic decisio￿% of die chariry are tsk-en by Ihe Board of Ttustees. The Boaid of Ttusiees oEmie collectively
with the Ex¢Llltiv¢ Manag¢rTr¥ni and DIF¢rlvrs. 10 ¢thsider specific subjects and make recommendations to the Board.
Spiritual leader5
The Spirittjal leaders of the church conipromisc the S¢nioT Pastor iogethct wjih ¥ team of twelve tnen aiid Iwclvc womcn
who oversee the pastoral care of chiwch tnern￿￿. th¢ progTamrn¢ of Chti4ian t¢aching and providc spiritual dircction to
the church.
Thc trusiees rccognise that thc spiritual IcadcT5 th¢ spitttual authority of the chu]rh. The sp1rin￿l IcadcTS recogni5e
thar the TtU51ee5 are the Custodians and administrators of the funds. The mL5tees l)ave th¢ responsibility to
Idministcr tlie tn￿l funds. whirh th¢y Mill widtttske irt fvll rteognition of the spiritual guidancc provide43 by th¢ cliutch's
spiritual leadets.
Having assessed the pr2ciical iniplicauotLs involved in fvifilling tbe spiritual direciion given by the churcli's spiritual
leaders, th¢ trusl¢e5 creat¢ and maintain".
. AccouL)ting structur
Palicy staletnents
. Reporiins structures
Working practices
Page 7

NEW WORLD MISSION ASSOCIATION, UK
Trustees. Report
FOR THE ENI)ED 31 MARCH 2023
STRUCTURE, GOVERNAh'CE AND MANAGEhlENT
Risk Man#getEJent
Tli¢ lrnsiecs have recognised the importance of a$￿$$Ing and mana￿llg nsk &ss(*iaied with Chanty's objectjves.
process of identifying rjsk is ongoing and has been an esseniial part of the managemerti foi some years. The Trustees #r¢
iTnpl¢rt5enting sys*ms to enswe identification, managemeni and d(Kumenthtion of foreseeable risks.
GowerNanrt risks
Trusiees may require more time to hav¢ itHkpth teviews the ¢hatity. PlaT￿l￿g ahead for the yw with th¢ Trusrees at all
the me¢tings redu¢l￿ risk.
Operational risks
Ina(l¢quale sLiff being employed tould lead to mistakes ￿l￿g made. This risk is mtgiated by sending those thal are
working for the charity 10 training sessions atml Semi￿ to k t*tter eqUip￿d.
Financial Ta5k5
Don8t)on5 could decre35¢ leaving the ChaTity short of fi￿￿5. Th¢ ty to create new ways for pwplc to give to
thc Chanly, online or by post OT standing order for￿￿.
External Risks
Change.% In Cjovernmcni policy or the economy fmcmaiing could have an 8(fvetse eff￿ on the Charity. Thc Chariry can
ke¢p b¢n¢fi¢itiFies Infom)eil how these ¢h#nges ¢an effe¢1 them. The Chatity ¢¥D I(Mik at ways io prepare for th&%e
chwiges.
Dirtitors of the charity will hai'e "Going ¢onc¢m and liquidity ris*.. GUida￿e for Directo￿ of UK Companies 21x19"
fTom the Finhnrial R¢w>rting CourKil. DJTertors and Tru￿¢¢5, will have di5CUs5ions earlier in the year 10 help mjnimise
any risks io the chariry before the reporting JKn(Ml.
Compliance with Laws and Regulation$
Not hJkin¥ suffi¢ieni informaiion Vé"heD STarting new prtsjrfts in the ChaTiry could lead to non-complianee. The Charity
nccds lo always look ai ncw ways to help and give to ￿ncr*I￿ri￿ in the community {and further oiitl, but there must bc
legal advice Vdken before a new projeci Ès tsken onboar
W¢ ai¢ continually reviewing and rnaking sure all dO[￿li0￿S are rwrned. main ofrerin¥s are ¢ollecia on Sunday and
kept secure on Monday momin8 and banked ott the same day. All our tell group5 that colle£1 offerings also have Teports
Ihai arc given ai Church offiecs of all thai h&$ bttn eolle¢ied weekly.
S9feeuardine Poliey
bafeguaiding poljty Js #irned 3t PTofr¢ting TrvEnmble children or adulrs from ab￿ and neglect in all circumsiatites.
Thi5 inLludts all piocedllres designed 4> preveni harni. also refejs io the process of protecting childrcn and adults - by
providing safe and effective care. All our employees a[￿ volwite¢rs work under t1￿ guidance 8t￿ a¢cordit)g the
Safeguarding prevention 8overnmeTht p)licies and under the The Di&lOsu￿ and Barring Service {DBS} checks.
££
Approved by order of th¢ board of on.............. .....
. and Si￿d on its behalf by:
D Ravelo Tn]s
ee

IndepelldeDt knmiDer's Report tt) the Trusttts of
Ntw Worfd Mission AssociatlOD UK
INdepeDdenl examiner'5 report to the trnstees ofNew Mission Associatio￿ UK ('Ihe Company'}
I report to the charity truslees on rny ex2minaiton of the accounts of the Company for the year ended 31 March 2023.
Responsibilitie5 and ba515 of report
A5 the charity's trustecs of the Company land also its dire￿orS for the PUTPOSC5 of compaThy law) you are resp0115ible for
the prcparntion of th¢ awounl$ 5ll aC¢QTdanc¢ with th¢ rquircmeTrts of the Companie5 Act 21x16 {'Ihe 2(N)6 Aci'}.
Havintr saiisfied myself that the accounts of the C4>mpany are not required to be a￿1]1￿ under Part 16 of the 21)06 Act
and aTe eligible for indcpcndcnt Cxamination. l Tepon in t¢sr￿1 ol my cxaminalÈon of your Charity's aceounis as carried
out under Section 145 of the Chanties Act 2011 I'the 2011 Act,). In carrying oui my examinatio￿ I have followed the
Diieclions given by Ihc ChaTity Con]mission under SecLion 145(5) Ibl of the 2011 Ael.
Independent examiner's st*temeni
Since your charity'5 g?T05S income excee￿ £250.0(h) youi examiDer must be a nthber of a listrd body. I can confirni
Ihat l an) qualified io undert2ke the ex&m2naiion betause l am a member of the InMilu* of CbarteTed A¢couniants in
England and Wales. which is one oftht listed b(Nlies.
I havc cotnpleled tny cxan)It￿l￿n. I confiFm that rnJtler3 havr to my attention in connection with the
¢xaniin8tion giving me cause to b¢li¢ve'.
couniino records were not kept in resr*rt of the Company as required by Se£rion 386 of the 2(KK> Act,. or
the accounts do noi accord ￿1th Ih(k* I¢¢OTd& or
the 2t¢ounts do noi eomply with the ¥tounling requirernetjts of Section 396 of the 21)06 A¢1 other than any
rquiremeni that the accounts give a tyue and fair view which is noi a matter consideTfyJ as part of an in(l¢p¢nd¢DI
examinalion" OT
the acLounts have not ken prepared In accordance M'ith the methods and principles of the Sralcmcnt of
Recommended Praciice for accouniing and reporting by thariiies {applicable lo chariiies J)reparing Ilicir accounts
in accordance with the FIna￿la1 Kq￿rting Siattdard applicable in ihe UK and Republic of Ireland IFRS 1021).
I have no conc¢rns and have conK across no other mallers in conneciion with the txaminalion io which a￿￿tIOn Should
be drawn in this re]x)rt in order to enable a proper understhndin8 of the acc￿nts io k reached.
Gareth Owen Hughes ACA
The Institule of Chartered Ac¢ouDtsnts In England athd Wales
GaT5ide and Co. Lirniied
Suite 631. Linen Hall
162-168 Rcgcai Stycci
London
WIB5TG
Date..
Page 9

NEW WORLD MISSION ASSOCIATION UK
Statemeni of Finantial ActiTritie5
oDco￿Orating aD Incorne and EAptndiiure Account)
FOR THE YEAR ENDED 31 MARCH 2023
31.3.23
Total
funds
31.312
Total
furids
Unrestritted
fi]nd
Resrricied
fund
Noies
IN'COME FROM
Donation$ 2nd legaci
6(Y),963
609.963
553,890
Charitable activitie5
Chunh Aillvlties
9,854
9,854
616
Investtnent ii]come
Oihcr Income
22
17
42.489
Tot41
619,839
619,839
597,012
EXPENDITURE ON
Ruising funds
Rdising donaiioNs and legacies
4,591
4,591
4,920
4591
4.591
4,920
Charitablc activities
Church Aclivilies
SuptKTrrt costs
599.389
158244
599,389
158,244
425,730
163.596
Total
762224
762,224
594246
NET INCOMEI{EXPENDITURE)
{142.3851
(142,3È5 }
2,766
RLCONCII.IATION OF FUNDS
Tothl fund5 broughi forwaTd
1.030.695
1291
1.031.986
1.029,220
TOTAL FUNDS CARIUED FORWARD
888.310
1.291
889.601
1.031.986
The noies fomi part ofthese financial staiemeDIs
Page 10

NEW WORLD MISSION ASS(KIATRON UK
Bal*D¢e Shed- tontittued
31 MARCH 2023
Thes¢ financial statements have ktn prcparcd in acCorda￿e with thc provisions applicable io thaTitsble conipanie5
5ubjcci to the small companies [C￿[ne.
na
ial siaiements were approved by the Boatd of Tnjstees aTKJ authori5¢d for issue
..1.3................ and wert SI￿¢￿ on its￿ha]rby..
on
D Rav¢lo-
The no*$ fomi part of thes¢ fiTwKial stsi¢m¢nts
Page 12

NEW WORLD MISSIO￿ ASSOCIATION UK
Balance Shec¢
31 MARCH 20?3
31.3.22
Toial
rllnds
Unresoicied
furvj
Restricied
rwid
Toial
FU￿1$
N￿e5
FIXED ASSETS
TOng￿ble assets
13
821.086
821,086
836,567
CUIiRENT ASSETS
Debiors.. aniounts falling due wiihin one y
C￿h at bank and in hand
14
19.136
98.3fA)
19,136
99.651
65,652
194,4.$0
.291
117,496
1.291
118,787
260,102
CREDITORS
Amthunts fJlline due within one year
15
(24.458)
(24,4581
{29.262)
NET CURRETr4T A&SETS
93.038
1291
94.329
230,R40
TOTAL.4SSETS LESS CURRENT
LIABILITIES
914.124
1291
915,415
1,067,407
CRLDI"I"ORS
Amounis fallinbt due &ftei mote th&n one ycar
16
(25,814)
(25,11141
{35,4211
NET ASSETS
888 J10
1291
889,601
1.031,986
FUNDS
18
Ujircstrictcd funds
RebtTicl¢d tunds
888,310
1291
1,030,695
1,291
TOTAL FUNDS
889,601
.031,986
Thc chi¢ rilahlc company is cntitlcd to cxLmplion fnmi audii under Section 477 of col￿PanieS Aci 2(￿ for lh¢ year
ellded 31 March 2023.
The nienib¢rs have not required Ihe company io obtain audil of its fjnancial stsicmcnts for ihe year ended
31 March 2023 in aecordance with Section 476 of the CoMp3]]￿S Act 2IM)6_
The trJsle¢s a¢kno￿.1CdgC their r￿pOnsIbl1￿1&s for
lal
ensunn¥ ihLi Ihe chaTJlable company keqbs accounling recor& that eomply with S¢cliotb5 386 and 387 of the
ConiFYanie5 Aci 20(16 and
prL'ptiTing financial sliTrlctnents which givc a Iruc arml fair view of ￿ stsi¢ of affaits of the cliaritable company as
ai tlie end of each finantial ytsr apd of it% surplus or deficii for each financi￿ year in accordanc¢ with the
requir¢m¢nts of SectiorLs 394 and 395 and which oihc]wise c¢)mply ILNuircmcnts of the Companics Act
2(K16 relating io financial sratements. so faras applicable to the charitable company.
Ibl
The notes foTtn part of these financial ststements
Pag¢ll
continu¢d...

IYEW WORLD ￿115510￿ ASSOCIATION UK
Ca5b Flom" Statejllent
FOR THE YEAR E.NDED 31 .MARCH 2023
31.3_23
31.3.22
Not¢5
Cash flows from opersiiog llctivitit5
C85h g¢ncraicd from Okxrations
(99,7321
{7.669}
Nel cash us¢d in operating activities
(99.7321
{7.669)
Cash nows from investing actii'itie5
Purchase of iatjgible fixed assets
(5.715)
(7,1381
Ncl ¢ash us¢d In Jnv¢stJng ￿lIVitI
(5.7151
17,1381
C2$h nthiY* (rorn finanting Xdivities
Loan TepayTrients in year
10.048
4,437
Net cash piovided by financing acti￿tieS
10,648
4.437
Chdnge in tash tash e4uivAlents
the reporting period
Casli and casli equi%'alen15 31 the
beginnillg of the reporting p¢ri(bd
{94.7991
110,3701
194.450
204,820
Cash and cash equii'alents at the end of
the rÈporting period
,651
194,450
Th¢ not¢s fortn part of tbcsc fina￿la1 ststthiettrs
Page 13

P4EW WORLD MISS10Tr4 A&SOClATIOPi UK
Notes to the Cash F]tbW Staternent
FOR THE YEAR ENDED 31 .￿{ReA 2023
RECONCILIATION OF NET (EXPENDITUREVINCO,ME TO NET CASH FLOW FROM
OPERATING ACTIVITIES
31.3.23
31.3.22
Net lexpenditureyiDcome for the rq>orting period las per ihe
Statement of Financial Aetivitie51
Adjuslmen15 for..
Dcpreclation charges
DeLreascl{incrcase} in debtOTS
IDccTeascyincrease in creditOTS
1142.3851
2,766
21,195
46,058
124,6001
20.717
146,106)
14.954
Net cash used operations
{99,7321
(7,6691
ANALYSIS OF CHANGES NET FUNDS
At 1.4.22
Cash flow
At 31.3.23
Net cgsb
Cash ai bank and in ha￿]
194.450
194.7991
99,651
194,450
194.7991
99,651
Debt
Debiy falling due within l year
Dcbts falling due after l year
(10.647}
(35,421 }
{10.6471
(25,8141
9,607
(46,068)
9,607
{36.4()1 I
Total
148,38?
(85.1921
63,190
The notes foTm Part of these financial sraiements
Page 14

NEW WORLD MISSION ASSOCIAT10Tr4 UK
Notes to Ihe Tr'inancial Ststernents
FOR THE YEAR b:liDb.D 31 ￿lARCH 2023
ACCOVP4TING POLICIES
Basis of prcparing the fiN&n¢i&l stalem¢nts
The finanLial siaiemcnis ha￿¢ been prcp&rcd xcordancc with Accountittg and Reporting by Charities..
Statctncni of Recommended Pnctite applicable ￿ tharjties prepariÈJg their accoLU)ts in accordance with the
Financial Repx)rting Standard applicable in the UK arKL Republic of Ireland (FRS 1021 {effeLlive l January 2019}
Icharilies SORP {FRS 102}l. the Finajicial RetK)rting Standard a¥)plicable in the UK and Republic of Tre[￿7d
IFRS 102) and the Companies Act 21KJ6
New World Mission Association UK meets thc delmirion of a public bcnefit ¢n¢ity under FRS 102. Assets and
li&bililiLS are initially recognised at hisloncal cost or tr3Th5action value unless othetivise stared in the relevanl
accounijng w)licy.
Legil siatus
The ¢hanthble company is a COTnpany limited by guardniee. The members of the charitable company the
Trusrccs named on pag¢ l. ID the event tsf the charitsble company beillg wound UP) the liability irt respect of the
guarantee is IimitL¥d to £10 per member of thc charitable company.
Fund accounting
General fun(ts are unrestricied fi]n(Ls which ate available for use ai the discreii¢)n of the Tru51ee5 in furtherwite of
the general objectives of the Lhatity and which have bcen designaled for other putP05e5.
Restricted fuTH15 arc fund5 whLch atc kn bc used in accordanc¢ with specific restrictions Imposed by donors OT
which have Trised by ihc ehariiy for particular Purp￿. The ¢osL% of raising and adminislcring such fvnds
are charged aga1Th￿ the ycific fvnd. Th¢ aim and use ol each restricred fund is set out in the notes 10 the
financial siatements.
Investment income, gains and losses allocatrd to the appropTiate fimd.
Going ¢ont¢rn
The Iru%rees considei Ihere are no maiertal wicenaiDiies about Ihe ch&ity'S ability lo toniijiue as a going concem.
Th¢ ieview ol. our fir¢ancial posilion, r¢5etve levels and fijture plans gives Tru51¢fs confidence the Charity
Tell￿}n5 a Ljoing con¢¢m for the forcsecable future.
Income
All it]iume i5 Tecognised once the Lharitable company h35 ¢Trtitlrrnc￿1 to thc tnc4)me. it 15 probable that th¢
iDcoi*e will be reccived and the artxbunl of incomc receivablc can measured r¢liabty.
Donatcd .%Lt¥lLeS or facilitiL5 arc rccogDis¢d when the charitable ctstnp￿Y has control oi'Lr dic itcim, any
conditions assrti2ted wtih the d0T￿ted itetn hai'e Eten mei. the receipt of ecoDomic benerit from il)e use of Ilie
charitablL companv of thc itcm is PToI)able and thai econoinic b¢nefil cart be Ineasllred reliably. Iii accordoncL'
with tbe Ch3riiies SORP IFRS 1021, th¢ general volunker time is T￿1 recognisal.
On Teccipi, donared profcs5Jonal SCTVltes aThl doI￿red facilities aT¢ ie¢ogrti*l on the basis of ilic valuc of ¢he
gift to the charitsble COTywny whith is the amoiEnt thc chaTitsbl¢ tompany would havc been Hqlling iu pay to
obtain SeTViCCS OT facjlilies of cquivalcnt economi¢ benefit ot) the ma￿c1- a co￿¢spondIng amount is theii
reco8ni5¢d in expendimre in the peri(Kt of receipl.
Expenditsre
xpcndiluic is ￿0￿niSed once thcie is a legal or Cons[n￿liVe obligalion ￿ transfer econojnic benefit lo J tliird
pany, it is probable that a ransfer of e¢ot)omic benefits will be required settleniejil and die ainount of ihe
obligaiion can be niea5ured Telidbly. Expcndhiure is classiftd by &livity. The costs of ¢acli aclivily att madL UP
of th¢ u)tal oldiTeci costs and shareil costs, including supporn Costs Lnvolved Jn undertakjng each activity. Diiect
COSIS 8irribuiabl¢ to X 51Trgle aeiivity arc allLKated di[￿tlY lo that aLlivily. Shared costs which contribulc 10 morc
than one acijvjty and support rosts whith aTe nOI allTibutsbl¢ lo a singl¢ aeiiviry arc ap￿rtIOncd ith¥eeD those
activities on a basis Lonsisicnt wÉih Ihc use of ￿50V[c¢s. Central siaff c05t5 are allo¢at¢d ot) thc basis of timc
spent. and depreciation Charges allocatrd on ￿ ￿rtIOn ofthc &wt's ￿¢.
Page IS
continued...

NEW WORLD MISSIoN.iSS(￿IATION UK
IYote5 to the TrinaDrial St3temtnt5- continued
FOR THE YEAR E.NDED JI MARCH 2023
ACCOUINT1Tr4G POLICIES-
E￿pendI￿re
Siipwrt costs are those costs incurred direa]y irt support of experwjiturc on the objects of the chaTJl#ble
company. Goveman¢e costs are those I￿Vr[CAJ itt CO[￿¢¢1]0￿ wth administrdtion of the charitable compaiiv and
complianc£ with constirntional aNI SLqmiOry requirements.
All resources expended are inclusive of irretoverable VAT.
Tallglble fixed Asset$ #nd depre¢1*￿
All asseis costing ￿Ve rhan E125 are capitslised.
review for imp&irnJeni of a fixed assa is carried out If events or ¢hange5 itb cirCums￿n£eS indicate thai ¢he
t&trying value of any fixed Lsset tnay not be recoverable. SIK)nfalls Edween the caTrying value of fixed assets
and their recoY¢rablc amounts arc rcco8niscd as impaimients. ImpaiTm¢ni losse5 are r￿0gniSed in ihc Siatemeiil
f financial a¢tivities in¢0￿0[all￿g income and expeThliture acc4)unt.
Tangible fixed assets are Carried ai Com. net of dqrcciaiion aTMJ any PTOViSiOn for impait7nent. Depreciation is
provided at raies cal¢ulai¢d io write off the of fiKvJ assets. less their esrjmal￿l residual value, tsver their
expected useful live5 Otl the following b&se5".
Freehold property 20/0 Straight line
Office qujptnenl 250/0 reducJn8 blatKe
OperAting Ieatts
Rcnials undcr opcrdiing leases art ¢hao¢d to the Sta*menl of fjnancial activilie5 incorw>raling income and
expendiDJre accouni on a 5traighi line basts over the It￿¢ letm.
Bencfit5 tecetved and receivable as an incentive to sign an op¢raiing lease are recogniscd on a str4ight line basjs
over Ihe ￿n[￿l Uthiil the dale the tent is to be adjusted to the prevailing markct rat¢.
Tixation
The chariry is exempi from ¢orp)raiion on its clwi'thble aciiviues_
Other atcountin(F policics
Interest receivable
Interest on fimds held on deposil 15 inch]ded when receivable and the amount can be measured ieliably by the
harity.. thi5 is nornially uwn notLfieaiion of the interesL paid orpayabl¢ by the Bank.
Debtors
Trade and other debtors are reco8rtised at the settlem¢DI arnounr aller any trade dis¢tsunt offered. PTepayments
arc valued al the amouni prepaid net of any ttad¢ discounts due.
Cash 91 Bank and in hand
Cash at bank and in hand i￿]￿deS cash and short tcrni highlv liquid inveM¥nents with a short maiurity of three
months 01 less from the dale of acquisiiion oropelling of the deposir or similar aetount.
Li#bililies and provisions
Liabiliiies are rLeo￿l￿ed when there is an Obligati￿ at the Balante sheei date as a resuli of a past eveni, it is
prob3bl¢ that a transfer of economic benefil will be iequired itl senlen*ni. a￿1 the amount of th¢ settlement can
be cslimaied reliably. Liabilitie5 are recognised al Ilje ￿M￿nI dial the chaTiiy aniicipaies Il will pay Io settle ilie
debi or Ihe amount tt has r¢ceiv¢d 35 advanced payments for the goods or services it musl PTovide. Provisions are
me&sured ai the best esiiTnate of the Jmounts required io seiile the obligation. WI￿¢ the cfTecl of the time value
of money is JtJat¢ri?I, Ihe provision is b&%ed ot) the preseni valu¢ of ihose amounts. di5counred 21 the PTe lax
discount rale that reflects the nsks s]Krific to the liability. The uthwinding of the di￿nt 1$ recosnised within
interest payable and sitnilar charges.
Page 16
conttnued...

New World ￿71$51￿n A5￿c19t10Th UK
Plotes to the Trinancial StatemcnlS- continued
for ihe l'ear Ended 31 March 2023
ACCOUNTING POLICIES- continued
Other aceounting policies
Crbtic*l accountiiig estimates and area5 of judgerneTht
Estimates and jud£en)eiiis are cojiiinuallv evaluated ai?d are based on historical experience and other factor5.
iiicluditib* txpect31ions of future events thai are believed 10 be re￿Ilable uiider the circuinstances.
Criti¢*l Ac¢ounting estimates and assumplions
The Charity makes estjmaies and assiimpiions concerning the fimire. The resulting accounting e51imal¢s and
assumptions will, by definition. scldom equal the related actual results. The t￿1¥￿at¢S and assumpiions thai have
a significant risk of causing a material adjust¥nenl to the carrj'ing amounts of asse(s and liabiliiies within tlie next
rinancial year are dis¢u&sed in the a¢¢ouniing poli¢ies above.
Financial instruments
Tlie charit). only financial assets and fin*ieial liabilities thai qualify as basic fiiiaiicial iiisiruinei)ts. Basi¢
financial it)sirumenis are it)iiiall)' recognised ai transaction value aiid subsequently n)¢asured ai ilieii. settleiiiejii
value.
DONATIONS AND LEGACILS
31.3.23
31.3.22
Unr¢strict¢d
funds
Resthcted
funds
Totsl funds
Total funds
'I'ithe5 & offerings
Jifi aid
Gr￿ltS from Council
565.507
i8.524
7.222
565.507
493.35
54,731
5.845
7.222
Toial
611.253
611,523
55J.891
In 2022, of the 10131 ineon)e from donaiions and lesacie5. £55).891 ivas to unrestricted fund5 and £NTL iwas to
restricted fund5
INVES1.￿lENT INCOME
31.3.23
31.3.22
u[￿estrIcted
runds
Restricied
funds
Total fund5
Total funds
Bank interest received
22
22
Total
22
22
In 2022. of ihe total invesiment income, £17 was to unrestritied funds and £NIL was to restricl¢d funds.
Page 17
¢ontinued...

New World Mission Associgtion UK
Notes to the Fin&ntial.St#tement.s- ¢othtinu¢d
ror the Year Ended J I f¥larth 2023
INCOME FROM CHARITABLE AcfiviTIES
31.3.23
31.3.22
Unrestricted
funds
Resthcied
nds
Total funds
Total fiJJids
WoTld Link Mini$
Net5, Groups and Encounte
290
9,563
290
9,563
616
Ttstal
9.853
9,853
616
In 2022, of the toial income from charitable aciivities, £616 wds to unrestri¢ied fvnds and £NIL was to Tesiricted
funds
RAISIYC I)ONATIONS AND LEGACIES
31.3.22
Marketing & Publtcity
4.591
4,9?0
CHARITABLE ACYIVITIES COSTS
Direct
Cosis (see
note 71
Support
costs15ee
nore 81
Totals
Church Activities
Support cosis
599.)89
599,i89
158.244
158.244
599.389
158.244
757,633
DIRE(T cosrs OF CHARITABLE A(TIVITIES
il.3.23
31.3_22
Ministerial Expenses
Missionartes including overseas
Worldlink- School of Mjnistry
Worship & Depts
Rethts
Eneouniers
MJn15ters $31aries
AdminisiTative 5JlarJc5
Staff iratnins & welfare
Volunteers and misc expenses
Worship & Depts
Gen. Exps
12.324
13.177
3.167
184.3)8
25.3iO
169,059
16.4i7
8.224
13,077
12,855
26.387
81.672
138.299
109,981
188
503
61,482
67.333
599.389
461,081
Page 18
continued...

,NEW WORLD,MISSION ASSOCL4TION UK
Yotos to the Financigl St91eTnents- continued
FOR THE YEAR EYDED 31 MARCH 2023
SUPPORT C(YSTS
Suppihi
¢osts
Governance
costs
Totals
SupFN)rt costs
60,467
97.777
158,244
Support costs. included in the alx*ve. are as follows:
Support costs
31.3.23
SuprK>n
osts
31.3.22
Total
activiiics
Rent and rates
Lighi and heat
IE)surJnc¢
T¢lLyhi)rtL, fax and iiiletnet
Postage, printinu and ststionery
AdtninislTiilive LApois¢s
Bank interesi and charEe5
D￿reciatIon
General repairs and renewals
Covid Related Supwrt Expenses
3.244
1.344
6,517
3.262
1.252
17,421
5,238
21.195
1,418
3,199
6.775
2,826
6,536
20.717
14,788
12.00(J
60.467
86,209
Governaijtc C0515
31.3.23
SuppDrt
eosts
31.3.22
Total
activities
Independeni examiner fees
Legal & Professional fees
Siraiegy and (levelopmenl
7.21M)
68,060
22,517
7,200
26,188
8.648
97.777
42.036
NET INCOMKI{EXPE)TDVTliR V.)
Net incom¢llcxpcndiLiire) is siaied afier chargingl{oed]"tin8}.'
31.3.23
31.3.22
D¢pieciation- owned assds
Independent examiner fcl
21.196
7.2(K>
20,716
7,200
Page 19
continued...

NEW WOILLD MISSJON.4&SOCIATION UK
'o¢e5 to ikne Finanrial Sial¢JtE¢n15- continued
FOR THE YEAR EN'DED 31 TrIARCH 2023
io.
TRUSTEES. REMUNERATION AND BENEFITS
Tn￿[ceS. rcmuncrdtion arc disclosed in no* I l.
Trustees. expenses
The￿ wert no trus*es' expenses paid for the year ended 31 March 2023 nor for thc yc8r ended 31 March 2022.
ii.
STAFF cosrs
Employee e05ts
31.3.23
31.3.22
Wagts 2nd salaries
Employcr'5 Nl & Pcnsion
266,673
18,823
206,819
0,968
Tota]
285,496
217,787
The av¢ra¥e monthly nufflbei ofemployee5 duTing the year was as follows..
31.3.23
31.3.22
Ministers
Adminislration
FinattLe
17
15
No empItsy￿ rweived remunerdtion amounting to mote than £60.0￿ in cither year.
Remuneraiion payable io tnjsitts or conneci¢d pe￿)￿Ls
31.3.23
31.3.22
D Rttvtlo- for WO￿ as Pa51or
A Torres- for WQTk as Head of Finance
l Bedoya - for work as Pasior
£14,￿5
£17,363
£16.125
£14,231
£12,101
£14,961
Total
£48.39]
£41,293
Kcy rnan3g¢ment personnel
Thc key pcwDn¢l of the charity eompn5e the In￿le¢S and dirc¢1(￿S altsng with the PastQTg and
Head of Finance. The lotal employee benefits of the key management persorLnel of the organisaiion were
£188,657 (?022.. £142,351).
Page 20
coniinued...

EW W'ORLD MISSION A&SOCIATION UK
Notes to the binan¢ial Statement$- continued
FOR THF. YF.AR F.YDED.11 MARCH 202.1
12.
COMPARATIVES FOR THE STATEMEYI r OF FIP4AP*CIAL ACTIVITIE5
31.3.22
Total
funds
31.3.21
Total
fund$
Unrestricted
funds
Re5tritted
f￿ndS
INCOI¥IE FRO￿.[
Donations aiid l¢¥a¢ies
Chai'iiablL aciivitiL
Investment Income
Oihcr income
553.891
616
17
42.489
553.891
616
17
42,489
305,484
1.700
190
141,368
Total Income
597.013
597.013
448,812
EXPENDITbRE OI
ChariLqble aciivittes
594.247
594.247
456.783
Totkl expenditure
594247
594,247
456,783
NET
INCON.IEIIEXPENDITURE)
Transfeis between lun(ts
2.766
2.766
{7,971)
Trlet moverneNI in funds
2.766
2.766
{7.9711
RECOYCILIATION OF
FU.NDS
Total tiin(b broiighi foTW#td
1,027,929
1291
1,029.220
.037,191
TOTAL FUNDS CARRIED
FOR14.'ARD
1.030,695
1291
1.031.986
1.029.220
13.
TANGIBLE FIXED ASSETS
Freehold
propeEty
Otrice
e4uipmeni
Totsls
COST
Ai l April 2022
AddrtLons
1,199.416
84,345
5.715
.283,761
5.715
At 31 Majrh 2023
1.199.416
90.￿
1,289.476
DEPRECIATION
Ai l April 2022
Charge for ycar
372,Oi6
17,655
75.158
3,541
447.194
21,196
Ai 31 Mareh 2023
389.691
78,699
468.390
NET BOOK VALUE
Ai 31 MaiLh 2023
809,725
821,086
At 31 March 2022
827.380
9,187
836.567
Tncluded in Frcchold Proptsty 1$ the charity's adminisiTaliYe p]Emises (Southwark Bridge Road ) and a buildii)s
hcld ( full own¢tship subject legal Lompldion) by the ¢harity in Ecuador.
Page 21
ontinued...

NEW WORLD MISSION ASSOCIATION UK
Iyoles 10 tht fin*ntial SiaienJtnts- ¢onrinued
FOR THF. YEAR EP*DED 31 MARCH 2023
14.
DEFfoRS: AMOU￿￿Ts FALLING DUE WITHIN ONE YEAR
31.3.23
31.3.22
Gift Aid Re¢overdble
19,136
65.652
15.
CREDITORS: Amoupifs FALLING DUE wrrHlTri ONE YEAR
31.3.23
31.3.22
Bank loans and overthfis Isee TLoie 17)
Social seciinty and other laxes
Pension pavable
Ctrdii Card
AccTued cxpenses
10,647
3J42
777
2.492
7200
10,647
3,1(
735
3,176
11.600
24,458
29,262
16.
CREDITORS: ANIOUNTS FALLING DUE A￿ER ￿loRE THAN OliE YEAR
31.3.23
31.3.22
Bank loa¥
25,814
35.421
17.
LOANS
An analysis of the maNrity of loajjs is given below:
31.3.23
31.3.22
Amounts f211in8 due within one y&ir on demand..
Bank loans
10.647
10,647
Amounts falling ￿￿vCen onc and two )ears:
Bank loans- 1-2 yvars
10.647
10.647
Amounts falling due between two and five years..
Bank loans- 2-5 y&¥s
15,167
24,774
18.
MOVEMENT I.N FUNDS
Net
movemeni
in funds
At
31.3.23
1_4.22
Unre5trict¢d funds
General fund
1,030,695
(142,3851
888,310
Restric¢e(I funds
Restyicie
1.291
1,291
TOTAL FUNDS
1.031,986
(142.3851
889.601
Page 22
continued...

EW WORLD ￿.11sSION A&SOCIATION UK
Noies io ihe Finantial.Siaiemtnis- ¢onliNued
FOR THF. YF.AR ETriDED 31 MARCH 2023
18.
MOVEMENT IN FUNI)S- tonlillu¢d
Net movement in fi]nits. included in the above ate as foll¢)ws-
Iijcomijig
re50U1tt5
Resources
expcnded
Moveijietti
In funds
Unrf5trictcd funds
Geneial futjd
619.839
(762.2241
1142.3851
T(yfAL FUTr4DS
619.839
(762.2241
(142.385)
Comparatives for movemenl in
Nei
movemen(
iii fu￿lS
At
31.3.22
Ai 1.4.21
Unre$trict¢d funds
GLnLYal fund
1,027.929
2,766
1.030,695
Restricled fvTrd$
Restricted
1291
1,291
TOTAL FUNDS
1.029,220
2.766
1,031.986
Comparaiivc net movemerti in fi]nd¥ included in the at*)ve are &8 follows:
InLoming
Res0￿r£c$
expejided
MoveJiien(
ii) fun¢J5
UTrre5tricied funds
General fiind
597,012
1594.246)
2,766
TOTAL FUNDS
597,012
(594.246}
2,706
A ¢uTtent year 12 months and prior year l? months Combi]￿d position is as follows..
Net
At 1.4.21
In funds
31.3.23
Unrestri¢ied fumds
Gcneral fund
1.027.929
1139,619}
818,310
Restricted fund5
R¢slT]cicd
1291
1,291
TOTAL FUNDS
1.029.220
{139,6191
889.601
Pagt 23
continued...

NEW WORLD MISSIOh' ASSOCIATION UK
otes to the Finarycial St2tements- continued
FOR THE YE.IR ENDED 31 .MARCH 2023
18.
MOVEMENT IN FUYI DS- continued
A CUTr¢nt ycar 12 months and prior year 12 months combin¢d ￿ m¢*vetnent In fll￿ Intlllded the above are
a5 follows".
Incoming
resources
Resources
expended
Movement
in funds
Unresiri¢i¢d funds
General fund
1.216.851
11.356,470)
(139.6191
TOTAL FUNDS
1.216.851
11,356.47a I
1139,619)
The Testritted fuTrd rclares ts) the Pro Building fi￿d wthich was raised to help wirh the purchase of a building io
hold th¢ Sunday ServiLL￿ and also lo Loniinuc Ihc Charirfs othcr aclivities.Thc funds re£¢ived havc been pla¢cd
on derK)sil uniil such a timc when thcre is sufficient fuT￿5 to und¢TEak¢ the purchase.
19.
RELATED PARTY TRANSAcrioys
During the year. nvo Trusrees and one Director received remuneraiion amounting to £48.392 12022.. £39.6891
for thear work perfoTmed low￿d5 th¢ chaTity'5 obiectLV¢S.
Two ¢lose family members of the Tnjstees received remu]xeraiion 01 £20,499 12022: £14.169 1 for their work
perfornied towards the chariivs objectii'es.
20.
ULTIfvIATE CONTROLLING PARTY
Th¢ Chanty Is und¢r th¢ ¢￿trol ofits Trnsitts.
Pa8e 24

f4EW WORLD MI&SION A&SOCIATIOY UK
Det#ilod.Statemeni of Fin#n¢i#l Acti%'iti¢s
FOR'fHL YF.AR ENDE"D JI fvIARCH 2023
31.3.23
31.3.22
INCOME
Donglions leg2cie5
Tithe¥ & vfl¢TillgS
Gill aid
Grants frum Council
564.217
38.524
7.222
493,314
54,731
5.845
609,963
553,890
I￿V￿tment income
Bank inlercst rcceived
22
Charitable Artivitie5
WoTld Liiik Minibtry
N¥ls'. C)TOUPS aii(l Encount¢TS
290
9.564
616
9.854
616
Oth¢r income
Govetntniiil Fwlough Grani
42,489
Tottsl Incoinlng r￿Dure¢S
619.839
597,012
EXPF,NDITURE
R*is1￿1￿ di)n*liiTrns #nd le%acies
M&irkeiiiig & l)ubliciiy
4.591
4.920
Charitublo 4ctLVitleJ
12,324
13,177
3.167
184,338
25,330
169.059
16,437
8.224
13.077
12.855
2C?.387
I,r?72
16,637
138,299
l(VJ,981
188
503
61.482
Mis%ioi)aries includins overse
WnTldlink- School of Minisiry
Worship & t)¢piq
Rents
F.ncoiinicTS
Adminisiralive &il¢Vi¢S
tr*illiiliL4 & WL,Ir..
Voluiiteers and niisc expense5
Worship & Dcpls
Crfn. Exps
67.333
599,389
461.081
Support ¢ost$
Siipport tosts
RLnl and rai
Light and heat
3,244
1,344
6,517
3.262
1,252
15,619
1,418
-1,199
6,775
TelLphone. fax at)d it1￿Me1
Posiagc, priniitjg and stationery
Carried foTwJrd
2,826
17.359
This pagc docs not form part of thc s¢#tutory finaneiil s￿reMa)IS
Page 25

NEW WORLD MISSION ASSOCIATION UK
Detailed Siaiement of FiniDcial Actii'ities
FOR THE YEAR EIYDED 31 .MARCH 2023
31.3.23
31.3.22
Support COSt5
Brolighr foN'ard
A(Imini51Tativ¢ expenses
Bank In￿reST and charges
Depicciaiion
GeThLTal rLpoirs and renewals
Covid Relat¢d SvppDrt EX￿￿$
15,619
17.421
5,238
21,195
17,359
14,809
6,536
20,717
14,788
12,IKK)
60.467
86,209
fJovernyhee ¢o$ts
IDIlii)LnclLnl ¢X￿MIner fees
I.egal & Professional fces
Sirtsicgy and dcveloptncnt
7.21M)
68,060
22.517
7,200
26,188
8,648
97.777
42,036
Toial resource5 exrknded
762,224
594.246
Net lexpendlturc)nncome
1142.3851
2,766
This page drts not lom part of the statutory fiDancial slaiements
Pa8e 26