Charity registration numbèr 1114139 (England and Wales)
Company registratlon number 05760552
NEW GENERATION CHURCH TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Caladine
Charlered Certified Accountants

NEW GENERATION CHURCH TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr M Monk5field
Mr D Hill
MsEMBox
Mr B Marriott
Mr O Ogunnaike
Charity number (England and Wales)
1114139
Company number
05760552
Prln¢lpal addres8
New Generation C8ntre
Blrkbeck Road
Sldcup
Kent
DA14 4DJ
Reglstered office
New Generation C8ntr8
Birkbeck Road
Sidcup
Kent
DA14 4DJ
Independent examlner
Colin Oadswell FCA FCCA DChA
Caladine Limited
Chantry House
22 Upp8rton Road
Eastbourne
East Sussex
BN211BF
Bankers
Lloyds Bank PLC
12 Sydenham Road
Lewisham
London
SE26 SQD

NEW GENERATION CHURCH TRUST
CONTENTS
Page
Trustees, report
statement of trustees. responsibilitias
Independent examinels report
statement of financial activities
statement of financial posltion
Noles to the flnanclal slatements
8-18

NEW GENERATION CHURCH TRUST
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statemènts have been prepared in accordance with the accounting policies set out in note 1 to Ihe
financial statements and comply with the trust's Memorandum and Artides ofAssociation, 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
(FRS 102) {effective 1 January 2019)
ObJÈctlves and actlvltlÈ8
The trust's object5 are to.. advance the Christian faith in accordance with the Ststement of Beliefs, to provide and
maintsin facilitie5 for the benefit of the Gommunily of Sidcup and the surrounding neighbourhood, to further Christian
education, and to relleve persons who are in Gondition of need or hardshlp or who are aged or slck.
Public benefit
The tru51ees have paid due regard lo guidance issued by the Charity Commission in decldlng what activlties the
trust should undertaka.
Achlevements and perforniance
Every year running the New Generation Church Trust brings its joys. The Trustees are acutely aware that there are
servants, leaders, staff and of course an Oversight team that make up the bigger picture of us as a Trust and we are
so thankfvl that we have faithful people in place to carry on the work. We would not exist without them. We
acknowledge these people first and foremost because they are all so valued.
Each year also brings challenges. As I have said before, it's how we respond to challenge that defines the year and
ourselves. There have been any number of newèr initiatives thal have resulled in the review of all Trust and
employment policies. We have continued to update and change according to current legislation and these changes
reflect the challenging times that we are in. In particular, it should be noted, that with extensive input, we have
significantly updated our 'Safeguarding' policies. The safety of our staff, our church members and th8 community al
large will always be our priority.
As a Church we continue to reach out into the local communlty. Nol just through Sunday church meetings that are
currently still held at the Blackfen Community Library but also through various courses, classes and interest groups
either at the library or other premises. These are all very popular.
Our support of local initiatives has also continued. Lark in the Park has again been warmly received in Sidcup
during the summer, with significant attendance on most days. Support of our local Foodbank and Hope School has
also carried on. Main 'church' meetings have been well attended and there have been significant times where the
Holy Spirit has been on the move. Worship, prayer and learning from inspirational Speakers has again been at the
heart of these gatherings, We continue to be a part of the Pioneer national network of Churches.
Financially we have received gifls and donations over quile a few years towards 8 new building that has long been
desired. Although we occupy the New Generation Cenlre in Birkbeck Road we do not own it. These received funds
were given specifically so we have decided to set these aside in a separate savings account going forward. We
have also commenced a project which will look at our staff salary slructure, comparing the different roles and
responsibilities with olhers of similar churches.
There have been changes to our membership numbers with people moving in and out of our area. We have also
seen a small number of retirements and as a result our donations and gifts have slightly dropped. However general
income through our faithful members has remained steady. This enables us to not only continue to support OUT main
Christian initiatives but to also support smaller ones both in the UK and overseas. We are so very graleful for all the
financial and sometimes sa¢rifiGial giving thal we receive. The Trust and indeed the Church would not exist without
the support of our members.

NEW GENERATION CHURCH TRUST
TRUSTÉES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Financial review
The unrestricted fvnds show a deficit after transfers for the year of £24,737 (2024 - surplus of £12,790) leaving
unrestricted funds of £95,365 at the year end.
The designated funds show a surplus after transfers for the year of £nil {2024 - sU￿lUS 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 £15,726 (2024 - surplus of £7,556) leaving reslricled funds
at thè balance sheet date of£112,912.
Overall the Church recorded a deficit of £9,011 (2024- surplus of £29,346)
Reserves policy
It is the policy of the trust that unrestricted funds which have nol been designaled for a specific use should be
maintained at a level equivalent to between 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 consid8ration is given to ways in which additional funds may be ralsed. This level of reserves
has been maintained throughout the year.
Major risks
The trustees have assessed the major risks to which the trust is exposed, and are satisfied that systems are in
place to mitigate exposure to the major risks.
structure. govemance and management
The trust is a company limited by guarantee, govemed by its Memorandum and Articles of Association dated 29
March 2006 and amended in October 2009 and May 2012.
The trustees, who are a150 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 8 Marriott
Mr O Ogunnaike
Recruitment and appointment of trustees
Trustees are appointed by the members of the Church, and training and indudion is provided as required.
None of the trustees have any beneficial interest in the company. All of the tTUStees are members of the company
and all members guarantee to contribute up to £1 in the event of a windlng up.
Organisation81 structure
The spiritual government and leadership of the Church fellowship resides with the recognised spiritual leadership of
the Church whilst the Irustees have responsibility for the proper management and administration of the Charity.
ustees, report wa5 approved by the Board of Trustees.
Mr
arriott
Trustee

NEW GENERATION CHURCH TRUST
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also the directors of New Generation Church Trust for the purpose of Company law, a
responsible for preparing the Truslees, Report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi￿).
Company law requires the trustees to prepare financial statements for each finanaal year whith give a true and fair
view of Ihe state of affairs of the trust and of the incoming Tesources and application of resources, including the
income and expenditure, of the charitsble company for that year.
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply ihem consistently;
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have b8en followed, sublect to any rnaterial departures
disclosed and èxplained in the financial statemenls., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the tTUSt will
continue in operation.
The tnjstees are r8sponsib18 for keeping adequate accountlng records that disclose with reasonable accuracy at
any time the financial position of the trust and enable them to ensure that Ihe financial statements comply with Ihe
Companies 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 Trust (the trust) for
the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the trust (and also its directors for the purposes of company lawl, you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the trust are not required lo be audited under Part 16 of the
Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the
trust's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I
have followed the Dlrections given by th8 Charity Commission under section 145(5)(b) of the Charities 2011.
Independent examlnerf8 Statement
Since the trust's gross incom8 exceeded £250,000, the Independent examiner must be a member of a body list8d in
section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am
member of the Association of Chartered Certified Accountants, whith is one of the listed bodi8S.
I have completed my examination. I confimi that no matters have come to my attention in connectlon with the
examination giving me cause to believe that in any material respect..
accounling records wère not kept in respecl of Ihe Irust as requlred by sectlon 386 of the Companies Acl 2006.
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 Companies Act
2006 other than any requirement that the financial statements 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 financial statements in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102).
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 financial statemenls to be reached.
Colln Dadgwell FCA FCCA DGhA
Caladine Limiled
Chanlry House
22 Upperton Road
Eastbourne
East Sussex
BN211BF
03J.12.J.Ir!IS

NEW GENERATION CHURCH TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Current financial year
Unrestricted Unre8tricted
funds
funds
general deslgnated
2025
2025
Restrlcted
funds
Totsl
Total
2025
202S
2024
Notes
Income from:
Donations and legacies
Charilable adivities
Inveslments
Other income
262,817
21,096
1,789
17,148
279,983
21,096
2,171
310,955
11,451
1,282
9,000
382
Totsl Income
285,702
17,528
303,230
332,688
Expendlturg on:
Charitable activities
300,939
11,302
312,241
303,342
Total expendlturn
300,939
11,302
312,241
303,342
Net Incomel(expendlture)
115,237)
6,226
19,011)
29,346
Transfers between funds
17
(9,500)
9,500
Net movement in funds
(24,73n
15,726
(9,011)
29,346
Reconclllatlon of funds:
Fund balances at 1 April 2024
120,102
9,000
97,186
226,288
196,942
Fund balances at 31 March 2025
95,365
9,000
112,912
217,277
226,288
All income and expendlture derive from continuing activities.

NEW GENERATION CHURCH TRUST
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Prior financial yoar
un￿strIcted Unrestricted
funds
funds
gèneral designated
2024
2024
Restricted
funds
Totsl
2024
2024
Notes
Income from:
Donations Snd legacies
Charilable activities
Inveslments
0th8r income
294,255
11,451
510
16,700
310,955
11,451
1,282
9.000
772
9,000
Total income
3C6,216
9,000
17,472
332,688
Expendlture on:
Charitable activities
284,428
18,916
303,342
Total oxponditura
284,426
18,918
303,342
Net Incomellexpenditure)
21,790
9,000
(1,4441
29,346
Transfers between funds
17
(9,000)
9,000
Net movement In funds
12,790
9,000
7,556
29,346
Reconciliation of funds:
Fund balances at 1 April 2023
107,312
89,630
196,942
Fund balanc88 at 31 March 2024
120,102
9,000
97,186
226,288

NEW GENERATION CHURCH TRUST
STATEMENT OF FINANCIAL POSITION
ASAT31 MARCH 2025
2025
2024
Notes
Fixed assets
Property, planl and equipment
13
15,096
17,037
Current assets
Trade and other receivables
Cash at bank and in hand
14
15,638
191,292
9,995
213,419
206,930
(4,749)
223,414
(14,163)
Current liabllltles
15
Net current a88ets
202,181
209,251
Total assets less current Ilabilitle$
217,277
226,288
The funds of the tru8t
Restricted income funds
Unrestricted funds- general
Unrestricted funds - design?led
17
19
18
112,912
95,365
9,000
97,186
120,102
9,000
217,277
226,288
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 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting reGords and the preparation of financial statements.
The members have not required the Company to obtain an audit of its financ4al statements for the year in question In
accordance with section 476.
These flnancial statemenls have been prepared in accordance with the provisSons appllcab5e lo companies subject
to the small companies ￿gime.
The financial statements were approved by the trustees on
Mrm
Trustee
nksfield
Marriott
stee
Company registration number 05760552 (England and Wales)

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounllng policies
Company Information
New Generation Church TTU5I 15 a privale company limited by guarantee incorporated in England and Wales.
The registered office is New Generation Centre, Birkbeck Road, Sidcup, Kent, DA14 4DJ.
1.1 Basls of preparation
The financial stat8ments have been prepared in accordance with the trust's Memorandum and Articles of
Association,
the Companies Acl 2006 and "Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable lo charities preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" The
trust is a Public Benefit Entity as defined by FRS 102.
The trust has taken advantage of the provisions in the SORP for chaiities applying FRS 102 Update Bulletin 1
not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functlonal curr8ncy of the trust. Monetary
amounts in these flnanclal statements ar8 rounded to the nearest £.
The financlal statements have b8en prepared under the hlstorical cost convention. The principal accounting
policies adopled 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 Charitable funds
Unrestricted fijnds are available for use al the discretion of the tTUStees In furtherance of their charitsble
objectiV88.
D8signated funds comprise funds whlch have b88n set aside at the dlscretion of the trustees for speclfic
purposes. The purposes and uses of the designated funds are set out In the notes to the financial statements.
Reslricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the trust is legally entitled to il after any perfomian¢e 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
thè donation, unless perfomiance conditions require deferral of Ihe amount. Sncome tax recoverable in relation
to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or othemise if the trust has been notified of an impending distribution, the
amount is known, and receipt is expected. If the amount is not known. the legacy is tre8ted as a contingent
asset.

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcies (Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefrt to a
third party, it is probable thal 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 activity are made up of the total of direct ¢osts and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activily. Shared costs which contribute to more than one activty and
support Costs which are not attributsble to a single actlvity are apportioned between those activities on a basis
consistent with the use of resources. Central slaff costs are allocated on the basis of 1Sme spent, and
depreciation charges are allocated on the portion of Ihe 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 equipment
Property, plant and equipment are initially measured at cost and subsequently measured at cosl or valuation,
net of deprerialion and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following basis..
Fumiture and ftxturès
Office equipment
AV equipment
200A Reducing balance
20% Rèducing balan
200A Reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of Ihe asset, and is recognised in the statemenl of financial activities.
1.7 Impalmient of non-currgnt assets
At each reporting end date, the trusl reviews the carrying amounts of its tangible assets to determine whether
there is any indication that those assels have suffered an impaimient loss. If any such indication exists, the
recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposlts held at call with banks. other short-term Ilquld
investment5 wilh original rnaturities of Ihree months or les5, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities,
1.9 Flnancial instruments
The trust ha5 elected to apply the provisions of Section 11 'Basic Financial Instruments, and Seclion 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recogni5ed in the trusvs balan￿ sheet when the trust becomes party to the
conlractual provisions of the instrument.
Financial assets 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 amounts and there is an intention to settle on a net
basis or to realise the asset and setue the liability simultaneously.

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcles (Continued)
Baslc Ilnanclal assets
Basic financial assets, which include Irade and other receivables and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at amortised cost
using the effective interest method unless the arrangement constitutes a financing transaction, where Ihe
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.
Basic financial Ilabllltles
Basic financial liabilities, including Irade and other payables and bank loan5 are initially recognised at
transaction price unless the arrangement constitutes a financing transaction, whèr8 the debt instrument is
measured at the present value of thè 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 melhod.
Trade payables are obligatlons to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are dassified as current liabilities if payment is due withln one
year or less. If not, they are presented as non-current liabilities. Trade payables are recognised Inltially at
transaction price and subsequentty measured at amortised cost using the effective interest method.
Derecognitlon of flnancial liabllltles
Financial liabilitie5 are derecognised when the trust's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benofits
The cost of any unused holiday entrtlement is recognised in the period in which the Èmployee's services are
received.
Terminatlon benefits are recognisèd immediately as an expense when the trust is demonstrably committed lo
terminate the employment of an employee or to prov5de temiination benafits.
1.11 Retlroment beneflts
Payments to defined contribution retlrement 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 2025
Income from donations and legacles
Unrestricted Restrlctèd
funds
funds
2025
2025
Totsl Unrestricted Restricted
funds
funds
2024
2024
Totsl
2025
2024
Donations and gifts
282,817
17,146
279,963
294.255
16,700
310,955
Donations and gifts
Donations and gifts
Gift aid receivable
227.794
35,023
16,623
523
244,417
35,546
250,588
43,667
16,121
579
266,709
44,246
262,817
17,146
279,963
294,255
16,700
310,955
Income from charltsble activities
Unrestrlcted Unrestrictod
fund8
funds
2025
2024
Charltable actlvltles
Activities and events
Charitable rental incoma
15,848
5,248
8,317
3,134
21,096
11,451
Income from Investments
Unrestrlcted Re8tr1cted
funds
funds
2025
2025
Total Unrestricted Restrf¢ted
funds
funds
2024
2024
Total
2025
2024
Interest receivable
1,789
382
2,171
510
772
1,282
Other Income
Unrestricted Unrestricted
funds
fund5
designated designated
2025
2024
Scrappage of motor vehicle
9,000
11

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expendlture on charitsble actlvltles
Charltsble
activitles
Charitable
activities
2025
2024
Direct costs
Staff costs
Depreciation and impairment
Special activities, projects and events
Catering and consumables
Resource costs
Travelling expenses
Postage and stationery
Licen￿S and subscriptions
School, project
Training
Equipment
Cleaning
Sundry
Lark in the Park
125,401
3,777
24,760
6,673
7,750
6,705
6,488
3,334
133
3,081
473
2,242
434
4,736
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
195,987
189,010
Grant funding of activilies (see note 7)
25,654
38,510
Share of support and governance costs Iseo note 8
Support
Governance
88,273
4,327
71,$60
4,262
312,241
303,342
Analysis by fund
Unrestricted funds - general
Restricted funds
300,939
11,302
284,426
18,916
312,241
303,342
12-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Grants payable
Charitsble
activities
2026
Charitable
activities
2024
Grants to institutions..
Other
13,508
24,725
Grants to individuals
12,146
13,785
25,654
38,510
Support costs allocated to actlvltles
2025
2024
Rent and ratey
Insurance
Utilities
Repairs and maintenance
Telephone
Computer expenses
Bank charges
Govemance costs
48,384
3,171
9,943
16,943
2,500
1,202
4,130
4,327
44,006
3,386
10,578
7,477
2,334
3.363
438
4,262
90,600
75,822
Anal sed be￿een..
Charitable activities
90,600
75,822
2025
2024
Governance costs comprlse:
Independent examination fees
Legal and professional
Accountancy and independent examination
950
430
2,947
950
1,298
2,014
4,327
4,262
Net movement in funds
2025
2024
The net movement in funds is stated after chargingl(crediting)'.
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned property, plant and equipment
950
3,777
950
4.261
13-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Trustses
None of the trustees (or any persons connected with them) received any remuneration or benefits from the
trust during the year. No Irustees were reimbursed for any expenses during the year.
The total aggregate amount of unrestricted donations received frorn the truste8s and persons connected to
them amounted to £13,79612024'. £17,048).
11 Employoes
The average monthly number of èmployees during the year was.,
2025
Number
2024
Number
Employment costs
2026
2024
Wages and salaries
Social security costs
Other pension costs
117,704
2,404
5,293
118,908
2,365
4,901
125,401
126,172
There were no employees whose annual remuneration was more than £60,000.
Remuneratlon of key management personnel
The remuneration of key management personnel was as follows:
2025
2024
Aggregate compensation
58,432
53,972
12 Taxatlon
The charity is exempt fram taxatlon on Its activities because all its incorne Is applied for charitable purposes.
14-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Property. plant and equipment
Fumlturo and
flxtures
Offlce AV equipment
equipment
Total
Cost
At 1 April 2024
Additions
29,006
834
31,824
1,001
45,579
106,409
1,835
At 31 March 2025
29,840
32,825
45,579
108,244
Depreclatlon and impairnient
At 1 April 2024
Depreciation charg8d in the year
25,459
878
26,761
1,212
37.151
1.687
89,371
3,777
At 31 March 2026
26,337
27,973
38,838
93,148
Carrying amount
At 31 March 2025
3,503
4,852
6.741
15,096
At 31 March 2024
3,547
5,062
8,428
17,037
14 Trade and other rocelvable•
2025
2024
Amount8 falllng due within one year:
Other receivables
15,638
9,995
15 Current Ilabllltles
2025
2024
Other taxation and social security
Accruals and deferred income
1,718
3,031
2,889
11,474
4,749
14,163
16 Retlrement benefit scheme8
2025
2024
Defined contribution schemes
Charge to profit or loss in respect of defined contribution 5themes
5,293
4,901
The trust operates a defined contribulion pension scheme for all qualifying employees. The asset5 of the
5theme 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 2025
17 Restricted fund8
The income funds of the charity include the following restricted funds for donations and grants given on Irust
for specific purposes..
At 1 Aprll
2024
Incoming Resources
resources
expended
Transfers At 31 March
2025
Lark in the Park
Hampers
Building fund
Hardship fund
Asha fund
Into the Future
Ukraine
Minibus fund
Other
3,878
2,772
2,241
6,750
5,265
(4,736)
1,914
2,241
91,392
4,719
21
9,252
1,873
1,000
500
78,642
2,520
21
9,252
1,873
1,000
6,000
(3,066)
(3,5001
3,500
500
97,186
17,528
(11,302)
9,500
112,912
Prevlou8 year:
At 1 April
2023
Incomlng
resource5
R860urc88
expended
Transfors 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
4,161
835
(4,527)
(1,222)
3,878
159
5,500
{159)
3,500
68,981
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
89,630
17,472
18,916
9,000
97,186
Lark in the Park fund Lark in the Park is an annual cornmunity festival the Church established and helps
run with other churches and groups. It is now a sèparate charity.
Hampers fund . these were monies given to prepare and donate Christmas hampers.
Building fund this represents monies donated for property maintenance and future acquisitions of property.
Induded in the fund balance is also money set aside by the Trustees from general funds.
Hardshlp fund- these are monies given to the Church for the support of people in hardship.
Asha fund - the Asha fund represent5 monies collected and distributed for charitable work in India.
Into the Future - this is a restricted fund for monies received for special projects.
16-

NEW GENERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Restrictsd funds (Continued)
Ukralne fund - this is a reslrided fund for monies received for Ukraine humanitarian relief.
Van fund this represents restrided donations towards the cost of a van acquired by the New Generation
Community Trust and transferred to them in the year.
Minibus fund - this represents a restricted donation towards the cost of a new minibus.
18 Unrestricted funds . deslgnatsd
These are unrestricted funds which have been set aside by the Trustaes for a proposed fuluTe purpose.
At 1 Aprfl
2024
Incoming At 31 March
re8ourc08
2025
Minibus fijnd
9,000
9,000
Prevlous year:
At 1 Aprll
2023
Incoming At 31 March
resources
2024
Minibus fvnd
9,ODO
9,000
Minibu8 fund this represents Ihe scrappage allowance for the old minibus s8t aside as a deslgnated fund
towards the cost of a new minibus.
19 Unregtrl¢ted funda
The unrestricted funds of Ihe charlty comprlse the unexpended balances of donations and grants whlch are
not subject to specific conditions by donors and grantors as to how they may be used.
At 1 April
2024
Incoming Resources
resourGe3
expended
Transfer8 At 31 March
2026
General funds
120,102
285,702
(300,939)
(9,500)
95,365
Previous year:
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
General funds
107,312
306,216
(284,426)
(9,000)
120,102
17-

NEW GÈNERATION CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Analysis of not as5et3 between funds
Unrestrlcted Unregtrlctsd
funds
funds
general deslgnated
2025
2025
Restricted
'fund8
Total
2D25
2025
At 31 March 2026:
Property, plant and equipment
Current a5setsllliabilitiesl
15.096
80,269
15,096
202.181
9,000
112,912
95,385
9,000
112,912
217,277
Unre8tr1ctsd Unre8trlcted
fund$
funds
g•neral deslgnatsd
2024
2024
Restrleted
fund6
Totsl
2024
2024
At 31 March 2024:
Property, plant and equipment
Currenl assetsllliabilit18sI
17,037
103.065
17,037
209,251
9,OOQ
97,186
120,102
9,000
97,186
226,288
21 Flnan¢lal Commltmentsi guarantees and contingont liabllttle8
The Trust has a Manse leaseback arrangement with its Pastor at a rental of £22,800 per annum determined
on one months notice,
22 Related party transactions
There We￿ no disclosable related party transactions during the year {2024- none).
18-