Charlty registration number 1114139
Company registration number 05760552 (England and Wales)
NEW GENERATION CHURCH TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Caladine
Chartered Certified Accountants

NEW GENERATION CHURCH TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr M Monk5field
Mr D Hill
MsEMBox
Mr B Marriott
Mr O Ogunnaike
Charlty number
1114139
Company number
05760552
Prlnclpal address
New Generation Centre
Birkbeck Road
Sidcup
Kent
DA14 4DJ
Reglstered offlce
New Generatlon Centre
Birkbeck Road
Sidcup
Kent
DA14 4DJ
Independont examlner
Colin Dadswell FCA FCCA DChA
Caladine Limited
Chanty House
22 Upperton Road
Eastbourne
East Suss8X
BN211BF
Bankerg
Lloyds Bank PLC
12 Sydenham Road
Lewisham
London
SE26 5QD

NEW GENERATION CHURCH TRUST
CONTENTS
Page
Trustees, report
statement of trustees, r•sponsibilities
Independent examlnels report
statement of flnanclal activities
Statement of financlal position
Notes to the financial statements
8-18

NEW GENERATION CHURCH TRUST
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial Statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the trust's Memorandum and Articles of Association, the Companies Act 2006
and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 102) (effective 1 January 2019)"
Objectlves and activities
The trust's objects are to.. advance the Christian faith in accordance with the Statement of Beliefs, to provide and
maintain facilities for the benefit of the community of Sidcup and the surrounding neighbourhood, to further Christian
education, and to relieve persons who are in condition of need or hardship or who are aged or sick.
PubliG benefit
The trustees have paid due regard to guidance Issued by the Charity Commlssion in deciding what activitles the
trust should undertake.
Achlevements and performance
As Trustees we are fully aware of our main responsibility and that is to be accountable for the legal and authenticity
side of our Charity. If we were to be totally involved in every Church activity, every decision made, or even every
procedure required then we would no doubt Struggle. So, it's important right from the start of this report that we
highlight our thanks to the main lead8rship and oversight of New Generation Church. They, together with each and
every member who have continued to support and encourage the work of New Generation Church, are so highly
thought of and they do so much to lighten the Trustees load.
Each year brings challenges. It's how we respond to challenge that defines the year and ourselves. Nèw Generation
Chur¢h has continued to excel in many areas. Our support of local initiatives such as the Bexley Foodbank has
continued and once agaln Lark in the Park was held at Sidcup place. Our own Church members represert a major
'h of the volunteers for the latter event. Support of the Blackfen Communty Library and New Generatson Schools
Trust contlnues. In particular the number of courses and support initiatives that are run from the library space is
amazing In worklng with various 'interest' and vulnerable groups.
The Library at Blackfen continues to hold our main Sunday gatherings as a Church and we have maintained a
'Zoom' presence on line for the smaller number who have not been able to join us physically for a number of
reasons. Our main meetings have been well attended and there have been Significant times where we have
experienced the spiritual presence of our God. Worship, prayer and learning from inspirational speakers has again
been at the heart of these gatherings.
The Trustees recognise that there have been adverse criticism of some Churches, Christian organisations and even
reputable Christs'an leaders over the last year or so. We are currenlly in the process of reviewing and updating all
policies and procedures to reflect the changing times that we are in and the necessary 'safeguards' that are now
required to be in place. The safety of our staff, our members and the community at large will always be our priority.
Our finances have remained steady over the year. This enables us to not only continue to support our main
initiatives but to also support smaller ones both in the UK and overseas. We continue to be part of the Pioneer
network of Churches and our key leadership roles are also spiritually supported by Pioneer. We often say that we
could not run a Church without the sacrificial giving of our members and it goe5 Wlthout saying that we again say
THANK YOU to each and everyone who supports but also encourage5 the work of the Church and thus the
Trustees. We salute you.

NEW GENERATION CHURCH TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Financlal review
The unrestricted funds show a surplus after transfers for the year of £12,790 (2023 - deficit of £19,537) leaving
unrestricted funds of £120,102 at the year end.
The designated funds show a surplus after transfers for the year of £9,000 leaving a balance of designated funds of
£9,000 at the year end.
There was a surplus after transfers on restricted funds of £7,556 (2023 - surplus of £18,987) leaving restrlcted funds
at the balance sheet date of £97,186.
Overall the Church recorded a surplus of £29.346 (2023 - deficit of £550)
Resgrves pollcy
It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be
maintained at a level equivalent to be￿een three and six month's expenditure. The trustees consider that reserves
at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the trust's
current activities while consideration is given to ways in which additional funds may be raised. This level of reserves
has been maintained throughout the year.
Majorrisks
The trustees have assessed the major risks to whlch the trust is exposed, and are satisfied that system8 are In
place to mitigate exposure to the major risks.
Structure• governanc8 and management
The trust is a company limited by guarantee, governed by its Memorandum and Articles of Association dated 29
March 2006 and amended in October 2009 and May 2012,
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to
the date of signature of the financial statements were..
Mr M Monksfield
Mr D Hill
MsEMBox
Mr B Marriott
Mr O Ogunnaike
R8cmltment and 8ppolntment of trustees
Trustees are appointed by the members of the Church, and training and Induction is provided as required.
None of the trustees have any beneficial interest in the company. All of the trustees are members of the company
and all members guarantee to contribute up to £1 in the event of a winding up.
O￿an1S8t10nal stwcture
The spiritual government and leadership of the Church fellowship resides with the recognised spiritual leadership of
the Church whilst the trustees have responsibility for the proper management and administration of the Charity.
The
stees, report was approved by the Board of Trustees.
arriott
Trustee

NEW GENERATION CHURCH TRUST
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The twstees, who are also the directors of New Generation Church Trust for the purpose of company law, are
responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair
view of the state of affairs of the trust and of the incoming resources and application of resour￿8. including the
income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to..
select sultsble accounting pollcies and then apply them consistently.,
observe the methods and princlples In the Charities SORP.,
make Sudgements and estimates that are reasonable and pwdent.,
state whether applicable UK Accountlng Standards have been followed, subject to any material departures
disclosed and explained in the fi'nancial statements,. and
prepare the financial statements on the going concern basis unless it is Inappropriate to presume that the trust will
continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the trust and enable them to ensure that the financial statements comply with the
Companie5 Act 2006. They are also responsible for safeguarding the assets of the trust and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.

NEW GENERATION CHURCH TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NEW GENERATION CHURCH TRUST
I report to the trustees on my examination of the financial statements of New Generation Church TNst (the trust) for
the year ended 31 March 2024.
Responsibilltles and basis of report
As the trustees of the trust (and also its directors for the purposes of company law) you are responsible for the
preparation of the financial staternents in accordance with the requirements of the Companies Act 2QC6 (the 2006
Act).
Having satisfied myself that the financial statements of the trust are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I rèport in respect of my examination of the trust's financial
statements carried out under section 145 of the Charities Act 2011 {the 2011 Act). In carrying out my examination I
have followed all the applicable Direction8 given by the Charity Commission under section 145(5)Ib) of the 2014 Act.
Indèpendent examlnerfs statement
Since the trust's gross income exceeded £250,000 your examlner must be a member of a body listed in section 145
of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the
Association of Chartered Certified Accountants, which Is one of the Ilsted bodies.
I have complet8d my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the trust as required by section 386 of the 2006Act; or
the financial statements do not accord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination., or
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK arul
Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connectlon with the examlnation to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
C4Ch
Colln Dadswell FCA FCCA DChA
Caladine Llmited
Chantry House
22 Upperton Road
Eastbourne
East Sussex
BN21 18F
q&k..bl(thb￿ 1021

NEW GENERATION CHURCH TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Current flnanclal year
Unre5trlcted Unrestrlcted
funds
funds
general deslgnated
2024
2024
Restrlcted
funds
Total
Total
2024
2024
2023
Notes
Income and endowments from:
Donations and legacie5
Charitable activities
Investments
Other income
294.255
11,451
510
16,700
310,955
11,451
1,282
9,000
277,136
11,312
264
772
9,000
Total Income
306,216
9,000
17,472
332,688
288,712
Expenditure on:
Charitable aC￿vItIeS
284,426
18,916
303,342
289,262
Total expendlture
284,426
18,916
303,342
289,262
Net Incomel(expendlture)
21,790
9,000
(1,4441
29,346
(550)
Transfers be￿een funds
17
(9,000)
9,000
Net movoment In funds
12,790
9,000
7,556
29,346
(550)
Reconciliatlon of funds:
Fund balances at 1 Aprll 2023
107,312
89,630
196,942
197,492
Fund balances at 31 March 2024
120,102
9,000
97,186
226,288
196,942
All income and expenditure derive from continuing activitie5.

NEW GENERATION CHURCH TRUST
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Prior flnancial y8ar
Unrestrict8d
funds
2023
Restrlcted
funds
2023
Total
2023
Notes
Incom8 and endowments from:
Donations and legacies
Charitable activities
Investments
262,692
11,312
138
14,444
277,136
11,312
264
126
Total Income
274,142
14,570
288,712
Expendlture on:
Charitable activities
275,499
13,763
289,262
Total expenditure
275,499
13,783
289,262
Net Incom81{expendlture)
(1,3571
807
(550)
Transfers b8bN8en funds
17
(18,1801
18,180
Net movement In funds
(19,537)
18,987
1550)
Reconclllatlon of funds:
Fund balances at 1 April 2022
126,849
70,643
197,492
Fund balances at 31 March 2023
107,312
89,630
198,942

NEW GENERATION CHURCH TRUST
STATEMENT OF FINANCIAL POSITION
ASAT31 MARCH 2024
2024
2023
Notes
Fixed assets
Property, plant and equipment
13
17,037
17,338
Current assets
Trade and other receivables
Cash at bank and in hand
14
9,995
213,419
19,935
166,191
223,414
(14,163)
186,128
(6,522)
Current Ilabllltles
16
Net currant assets
209,251
179,604
Total assets less current Ilabllltles
226,288
196,942
The funds of the trust
Restricted income funds
Unrestricted funds - general
Unrestricted funds - designated
17
19
97,186
120,102
9,000
89,630
107,312
226,288
196,942
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to 8ccounts.ng records and the preparation of financial statements.
The members have not required the company to obtain an audit of its flnancial statements for the year in question in
accordance with section 476.
These financial statements have been prepared In accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the tru
es
12
Mrmmo
Trustee
sfield
rriott
Trustee
Company registratlon number 05760552 (England and Wales)

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Company informatlon
New Generation Church Trust is a private company limited by guarantee incorporated in England and Wales.
The registered office is New Generation Centre, Birkbeck Road, Sidcup, Kent, DA14 4DJ.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance with the trust's Memorandum and Articles of
Association,
the Companies Act 2006 and "Accounting and Reporting by Charities.. Slatement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 1 Q2) (effective 1 January 2019}" The
trust is a Public Benefit Entity as defined by FRS 102.
The trust has taken advantage of the provlslons in the SORP for charities applying FRS 102 Update Bulletin 1
not to prepare a Statement of Cash Flows.
The flnancial statements are prepared in sterling, which is the functional currency of the trust. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the trust
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charttable funds
Unrestricted funds are available for use at the discretion of the trustees In furtherance of thelr charitsble
objectives.
Designated funds comprise funds which have been set aslde at the dlscreticn of the trustees for specific
purposes, The purposes and uses of the designated funds are set out in the notes to the financial statements.
Restricted funds are sublect to specyfic condltions by donors or grantors as to how they may be used. The
purposes and use5 of the restricted funds are set out in the notes to the financlal statements.
1.4 Income
Income is recognised when the trust is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that Income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of
the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation
to donations received under GiftAid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or othemse if the trust has been notified of an impending distribution, the
amount is known, and receipt is 8xpected. If the amount is not known, the legacy is treated as a contingent
asset.

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activlty are made up of the total of dir&t costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
'support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis
con515tent with the use of resources. Central staff costs are allocated on the basls of time spent, and
depreciation charges are allocated on the portion of the asset's use.
Resources expended are recognised in the period in which they are incurred and allocated to the particular
cost centre to which they relate. Expenses include irrecoverable VAT.
1.6 Propertyi plant and equlpment
Propety, plant and equipment are initially measured at cost and subsequently measured at cost or valuation,
net of depreciation and any impairment losses.
Depreciation is recognised so as to wrf(e off the cost or valuation of assets less their residual values over thelr
usefijl lives on the following basis..
Fumiture and fixture5
Office equipment
Motor vehicles
AV equipment
200/0 Reducing balance
200/0 Reducing balance
250/0 Straight Line
200/0 Reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds
and the Garrying value of the asset, and is recognised in the statement of financial activities.
1.7 '1mpalrment of non-current assets
At each reporting end date, the trust reviews the c8rrying amounts of its tangible assets to detemlne whether
there is any indication that those assets have suffered an impairment loss. If any such indication exists, the
recoverable amount of the asset is estimated in order to determine the extent of the impairment Ios8 (if any).
1.8 Cash and cash equlvalents
Cash and cash equivalent5 include cash in hand, deposits held 8t call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Flnanclal Instruments
The trust ha5 elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the trust's balance sheet when the trust becomes party to the
contractual provisions of the instrument.
Financial asset5 and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amount5 and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcles (Continued)
Basic financlal assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially
measured at transaction price induding transaction costs and are subsequently carried at amortised cost
using the effective interest method unless the arrangement constitutes a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Financial assets classified as receivable within one year are not amortised.
8asic financlal liabllltles
Basic financial liabilities, induding trade and other payables and bank loans are initially recognised at
transaction price unless the arrangement constitutes a financing transaction, where the debt instnjment is
measured at the present value of the future payments discounted at a market rate of interest. Financial
liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordlnary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due withln one
year or 18ss. If not, they are presented as non-current liabilities. Trade payables are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognltlon of flnancial liabllitles
Financial liabilities are derecognised when the trust's contractual obligations expire or are discharged or
cancelled.
1.10 Employee banefrts
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termlnatlon benefits are recognised immediately as an expense when the tW8t Is demonstrably commltted to
temilnate the employment of an employee or to provide tenninatlon benefits.
1.11 Retirement beneflts
Payments to defined contributlon retirement benefit schemes are charged as an expense as they fall due.
1.12 Taxation
The trust is a charity, and in the opinion of the trustees its incoming resources are not subject to Corporation
Tax.
10-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donatlons and legacies
Unrestrlcted Restrlcted
funds
funds
2024
2024
Total Unrestrlcted Restricted
funds
funds
2023
2023
Total
2024
2023
Donations and gifts
294,255
16,700
310,955
262,692
14,444
277.136
Donatlons and glfts
Donations and gifts
Gift aid receivable
250,588
43,667
16,121
579
266,709
44,246
216,248
46,444
13.726
718
229,974
47,182
294,255
16,700
310,955
262,692
14,444
277,136
Incom• from charltable actlvltles
Unrestricted Unrestricted
funds
funds
2024
2023
Charltable actlvitles
Sale of goods
Charitable rental income
8,317
3,134
6,842
4,470
11,451
11,312
Incom• from Investm•nts
Unrestrfcted Restrlcted
funds
funds
2024
2024
Total Unr8Stricted R8Strlcted
funds
funds
2023
2023
Total
2024
2023
Interest receivable
510
772
1,282
138
126
264
Other income
Unrestrlcted Unrestrlcted
funds
funds
deslgnated designated
2024
2023
Scrappage of motor vehicle
9,000
11

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Exp8ndlture on charltable actlvltles
Charltable
activltles
Charitable
activities
2024
2023
Dlrect costs
Staff costs
Depreciation and impairment
Special 8Ctiwties, projects and event5
Catering and consumables
Resource costs
Travelling expenses
Postsge and stationery
Licences and subscriptions
School project
Training
Equipment
Cleaning
Sundry
Lark in the Park
126,172
4,261
18,865
7,930
6,669
9,041
1,991
3,899
227
3,651
560
2,805
1,105
1,834
121,187
4,333
23,936
7,000
4,490
8,927
9,118
3,470
252
1,038
546
3,173
1,107
925
189.010
189,502
Grant funding of activities (see note 7)
38,510
29,694
Share of support and governance costs (see note 8)
Support
Governance
71,560
4,262
67,076
2,990
303,342
289,262
Analysls by fund
Unrestricted funds- general
Restricted funds
284,426
18.916
275,499
13,763
303.342
289,262
Grants payable
CharltabSe
activities
2024
Charitable
activities
2023
Grants to institutions:
Other
24,725
20,530
Grants to individuals
13,785
9,164
12-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs allocated to actlvltles
2024
2023
Rent and rates
Insurance
Utilities
Repairs and maintenance
Telephone
Computer expenses
Bank charges
Governance costs
44,006
3,366
10,578
7,477
2,334
3,363
436
4,262
41,084
3,962
8,617
4,080
2,391
6,574
408
2,990
75,822
70,066
Charitable activities
75,822
70,066
2024
2023
Governance costs comprise:
Legal and profe55ional
ALLuuniaiicy and independent examination
1,298
2,964
380
2,610
4,282
2,990
Net movement in funds
2024
2023
The net movement in funds Is stated after chargingl(crediting)'.
Depreclatlon of owned propety, plant and equipment
4,261
4,333
10 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the
trust during the year. No trustees were reimbursed for any expenses during the year.
The total aggregate amount of unrestricted donations received from the trustees and persons connected to
them amounted lo £17,048 (2023: £10,430).
13-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11
Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Employment costs
2024
2023
INages and salaries
Social security costs
Other pension costs
118,906
2,365
4,901
114,442
2,214
126,172
121,187
There were no employees whose annual remuneratlon was more than £60,000.
Remuneratlon of key management personnel
The remuneration of key management personnel was as follow5..
2024
2023
Aggregate compensation
53,972
51,962
12 Taxation
The charity Is exempt from taxation on its activities because all its income is applied for charitable purposes.
14-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Property. plant and equipment
Furnlture and
flxtures
orrice
equlpment
Motor AV equlpment
vehlcles
Totsl
Cost
At 1 April 2023
Additions
Disposals
29.006
27,863
3,960
5,000
45,579
107.448
3,960
(5,000)
(5,000)
At 31 March 2024
29,006
31,823
45,579
106,408
Depreclatlon and Impalrment
At 1 April 2023
Depreciation charged in the year
Eliminated in respect of disposals
24,572
887
25,495
1,286
5,000
35,043
2.108
90,110
4,261
(5,000)
(5,000)
At 31 March 2024
25,459
26,781
37,151
89,371
Carrylng amount
At 31 March 2024
3,547
5,062
8,428
17,037
At 31 March 2023
4,434
2,368
10,536
17,338
14 Trade and other recelvables
2024
2023
Amounts falllng duo wfthin one year:
Other receivables
9,995
19,935
16 Current Ilabllltlos
2024
2023
Other taxation and social security
Accruals and deferred income
2,689
11,474
2,412
4,110
14,163
6,522
16 Retlrement beneflt schemes
2024
2023
Deflned contrlbutlon schames
Charge to profit or loss in respect of defined contribution schemes
4.901
4,531
The trust operates a deff ned contribution pension scheme for all qualifying employees. The assets of the
scherne are held Separately from those of the trust in an independently administered fund.
15-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Restrlcted funds
The income funds of the charity include the following restricted funds for donations and grants given on trust
for specific purposes..
At 1 Aprfl
2023
Incomlng
resourcas
Resources
expended
Transfers At 31 March
"2024
Lark in the Park
Hampers
Building fund
Hardship fund
Asha fund
Into the Future
Ukraine
Van fund
Minibus fund
5,528
2,877
1,063
4,181
835
(4,527)
(1,222)
3,878
159
5,500
(159)
3,500
88,981
4,275
21
9,252
1,573
78,642
2,520
21
9,252
1,873
(2,231)
(3,500)
300
7,436
1,000
{7,436)
1,000
89,830
17,472
(18,916)
9,000
97.188
Prevlous year..
Incomlng
resources
Resources
expended
Transfers At 31 March
2023
2022
Lark in the Park
Hampers
Building fund
Hardship fund
Asha fund
Into the Future
Ukraine
6,030
241
50,194
4,926
659
670
4,107
751
21
(1,161)
(960)
5,528
49
14,680
(49)
3,500
68,981
4,275
21
9,252
1,573
(1,353)
(3,500)
9,252
8,362
(6,7891
70,643
14,570
13,763
18,180
89,630
Lark In the Park fund - Lark in the Park Is an annual community festival the Church established and helps
run with other churches and groups. It is now a separate charity.
Hampers fund - these were monles glven to prepare and donate Christma5 hampers.
Building fund - this represent5 monies donated for property maintenance and future acquisitions of property.
Hardshlp fund these are rnonies given to the Church forthe support of people in hardship.
Asha fund - the Asha fund represents monies collected and distributed for charitable work in India.
Into the Future - this is a restricted fund for monies received for special projects.
Ukraine fund - this is a restricted fund for monies received for Ukraine humanitarian relief.
16-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Restrlcted funds (Contlnued
Van fund this represents restricted donations towards the cost of a van acquired by the New Generation
Community Trust and transferred to them in the year.
Mlnlbus fund - this represents a restricted donation towards the cost of a new minibus,
18 Unrestricted fund8- deslgnatad
These are unrestricted funds which have been set aside by the Trustees for a propos&d future purpose.
At l Aprll
2023
Incomlng At 31 March
resources
2024
Minibus fund
9,000
9,000
Mlnlbus fund this represent5 the scrappage allowance for the old minibus set aside as a designated fund
'towards the cost of a new minibu5.
19 Unrestrlcted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used.
At 1 Aprfl
2023
Incomlng
resources
Resources
expanded
Tran8f8rs At 31 March
2024
General funds
107,312
306,216
(284,426)
{9,000)
120,102
Prevlous year:
At 1 Aprll
2022
Incomlng
resources
Resources
expended
Transfers At 31 March
2023
General fvnds
126,849
274.142
(275,499)
(18.180)
107,312
17-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Analysis of net assets between funds
Unrestricted Unrestricted
funds
funds
general deslgnated
2024
2024
Restricted
funds
Total
2024
2024
At 31 March 2024:
Property, plant and equipment
Current assetsl(liabilities)
17,037
103,065
17,037
209,251
9,000
97,186
120,102
9,000
97,186
226,288
Unrestrlcted Unrestrlcted
funds
funds
general deslgnated
2023
2023
Restricted
funds
Totsl
2023
2023
At 31 March 2023:
Property, plant and equipment
Current assetsl(liabilitie5)
17,338
89,974
17,338
179,604
89,630
107,312
89,630
196,942
21 Flnanclal commltments, guarantaas and contlngent Ilabllitles
The Trust has a Manse leaseback arrangement with its Pastor at a rental of £13,800 per annum determined
on one months notice.
22 Related party transactlons
There were no dlsclosable related party transactions during the year (2023- none).
18-