NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
Charity Registration number.. 1118978
Company Registration number.. 6065940 (Englond and Wales)
REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Pcox
D Gbesemete
J Lawn
J Hatcher
M Steinbrecher
C Tomlin (appointed 21.1.2025)
C Walker
Secretarv
O Gbesemete
Charlty number
1118978
Company number
6065940
Registered office
11 Cranbury Terrace
Southampton
Hampshire
S014 OLH
Independent examiner
Knight Goodhead
7 Bournemouth Road
Chandler's Ford
Eastleigh
Hampshire
S053 3DA
Bankers
HSBC
165 High Street
Southampton
S014 2NZ

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
REPORTS AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
Page
Trustees, report
Statement of trustees, responsibilites
Independent examiner's report
Statement of flnancial activities
Balance sheet
Notes to the account5
10-20

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report and financial ststements for the year ended 31 March 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the
accounts and comply with the charity's M8morandum and Articles of Association the Companies Act
2006, Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and
'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with FRS 102 (effective 1 January 2015)"
Objectives and activltles
The company's charitable objects are:
i) To advance the Christian Faith in accordance with the Statement of Beliefs of the church in such
ways and in such parts of the United Kingdom or the world as the trustees from time to time may
think fit.,
ii) To relieve slckness and financial hardship and to promote and preserve good health by the provision
of funds, goods or services of any kind, including through provision of counsellinq and support in such
parts of the United Kingdom or the world as the trustees from time to tim8 may think fit,, and
iii) To fulfil such other purposes which are exclusively charitable according to th8 law of England and
Wales and are connected with the charitable work of the church.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what
activities the charity should undertak8.

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
TRUSTEES, REPORT (CONTINUED) (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
Ministry
We are so thankful to God for the way he has been leading us as a church and has led many to give
so willingly and faithfully again over the last twelve months. especially as many continu8 to be
impacted by the cost of living crisis and facing financial difficulties.
In April 2024 we had be8n meeting in one Sunday venue for about a month (as opposed to three
sites earlier that year). We are grateful to God that many were accepting of th8 change as we came
together at a single site again. A few families moved on to local churches in their area because of
the change, but others have joined at the same time and we are now gathering more as one site
than we previously did as three.
We stopped streaming our meetings online, but recorded them and put them out on social media
instead. We continued to have visitors most weeks and a number of new people joined the church
over this last year. By March 2025 we estimated we were gathering between 225 to 250 adults and
children on a Sunday morning.
Our Life Groups continued to grow and flourish with mid-week meetings hosted in person and some
meeting online across the city to help those in the church in need as well as encourage engagement.
Life Groups not only provide a place of fellowship, prayer, companionship and support for each other.
but have branched out to offer specific courses (e.g. parenting, membership etc) as well as incorporate
a wider range of activities (e.g. walking, photography and football) and also discussing cultural issues
such as race and managing debt. We are pleased to say we had 35 different Life Groups meeting
over the year across th8 three terms.
Our vision to be a resource church included supporting a full-time leader in Pokhara, Nepal and w&
gave to Commission to enable church planting and apostolic mission across the UK and the nations.
Our leaders also attended several prayer and leadership events, again some online and some in
person throughout the year with five individuals supported on the Commission Leadership Training
course.
Chris Kilby continues to be released to serve other churches in the UK, Portugal, Spain and Nepal,
along with making new connections with churches in Serbia and Italy.
We have been able to bless both University Christian Unions in Southampton, served on average 80
cooked breakfasts a month to those in need at 'The Breakfast Club, utilising over 400 hours of
volunteer time throughout the year and supported many individuals with genuine needs through our
Life Support Fund. The Life support fund released around £13,300 during the year to help with

practical needs of people across the city, including paying for emergency accommodation, food and
household bills, medical care and practical purchases to make sure that people did not have to fall
into debt, as well as supporting our CAP debt centre.
Our funds were also used to support other charities including UCCF, STEPS and Amber.
The CAP debt centre that we launched in 2020 continues to help those in need financially get back on
their feet and we are thrilled to have seen 48 people become debt free in the time that the debt centre
has been running. This year we have been fully booked with 48 families booked in over the 12 month
period.
Achlevemonts and performance
Buildings
We celebrated our three year anniversary of our new offices (The Boathouse) in September 2024
and had various internal changes done to make it suitable for the staff team and other users.
The trustees believe we have sufficient resources to see us through the next stage of growth of the
church.
Financial revlew
During the year we maintained proactive financial control measures to ensure we continue to meet
our obligations as a charitable organisation for the foreseeable future. As a result, the surplus for the
period totall8d £45,041.
The Trustees continue to hold sufficient reserves above the minimum 3 month requirement and
continue to be prudent to ring fence SLrfficient funds to meet our day to day expenditure and work
towards building a diverse and resourceful church across the city of Southampton,
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that
systems are in place to mitigate exposure to the major risks.

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
TRUSTEES. REPORT (CONTINUED) (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and management
The charity is a Company limited by guarantee and by not having a shar8 capital, company number
06065940.
The company is a Registered Charity, number 1118978.
The trustees, who are also the directors for the purpose of company law, and who seNed during
the year and up to the date of signing the accounts were". D Gbesemete, J Lawn, J Hatcher, M
Steinbrecher, C Walker. C Tomlin and P Cox.
None of the trustees has any beneficial interest in the company. All of the trustees are members of
the company and guarantee to contribute £1 in the event of a winding up during the period of their
membership (or within a year following).
The business of the church is managed by the trustees who meet six times a year to review strategy,
policy and operational matters.
Rlsk Management
The trustees complete an annual assessment of risk and have not identified any significant or
unmanageable risks to the charity at this time.
The Trustees, report was approved by the Board of Trustees.
D Gbesemete Trusteel
Director
Dated:

STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also the directors of New Frontiers Life Church Southampton for the purpose of
company law, are responsible for preparing the Trustees, Report and the accounts in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the trustees to prepare accounts for each financial year which give a true and fair
view of the state of affairs of the charity and of the income and expenditure of the charitable company
for that year.
In preparing these accounts, the trustees are required to:
select suitable accounting policies and then apply them 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 been followed, subject to any material
departures disclosed and explained in the accounts; and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the
charity 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 charity and enable them to ensure that the
accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets
of the charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES ON THE
UNAUDITED ACCOUNTS OF NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
I report to the trustees on my examination of the accounts of New Frontiers Life Church Southampton (the charity)
for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the Charity land 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 (the 2006
Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of the trustee's
accounts carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I
have followed all the applicable directions given by the Charity Commission under section 145151{bl of the 2011
Act.
Independent examiner's statement
Since the company's gross income exceeded £250,000 your examiner 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 Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect:
111 accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
(21 the accounts do not accord with those records,. or
(31 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 15 not a matter considered as
part of an independent examination,. or
{41 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 Reportin8 Standard applicable in the U K and Republic of Ireland
IFRS 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 accounts to be reached.
C J Goodhead FCA
Knight Goodhead Limited
Chartered Accountants
Dated: < ￿1￿
7 Bournemouth Road
Chandler's Ford, Eastleigh
Hampshire, S053 3DA

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted
funds
funds
Total
2025
Total
2024
Notes
INCOME
Donations and legacies
Other Income
Investments
288,130
41,404
10.104
69,723 357,853
41,404
10,104
390,284
28,450
5,738
Total income
339,638
69,723
409,361
424,472
EXPENDITURE
Charitable activities
337,605
26,715
364,320
420,350
NET INCOME/IEXPENDITUREI BEFORE TRANSFERS
2,033
43.008
45,041
4,122
Transfers between funds
10,580
(10,580)
NET MOVEMENT IN FUNDS
12,613
32,428
45,041
4,122
FUND BALANCES AT I APRIL 2024
642,105
196,523
838,628
834,506
FUND BALANCE5 AT 31 MARCH 2025
11-12
654,718
228,951
883,669
838,628
The statement of flnanclal activities also complies wlth the requirements for an income and expenditure account
under the Companies Act 2006.

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
Charity number: 1118978
BALANCE SHEEf AS AT 31 MARCH 2025
2025
2024
Notes
FIXED ASSETS
Tangible assets
798,215
801,695
CURRENT ASSETS
Debtors
Cash at bank and in hand
24,37Z
390,825
415,197
15,207
365,518
380,725
CREDITORS: amounts falling
due within one year:
(22,507)
126,372)
NET CURRENT ASSETS
392,690
354,353
TOTAL ASSETS LESS CURRENT LIA81LITIES
1,190.905
1,156,048
CREDITORS.. amount falling due
in more than one year
(307.236)
{317,420)
883,669
838,628
FUNDS
11-12
Restricted
228,951
196,523
Unrestricted:
Designated
Other unrestricted
485,715
169,003
490,756
151,349
654,718
642,105
TOTAL FUNDS
883,669
838,628

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
BALANCE SHEET AS AT 31 MARCH 2025 (continued)
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. No member of the company has dep051ted a notice, pursuant to section
476, requiring an audit of these f inancial statement5.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to
the small companies regime.
The accounts were approved by the Trustees on.......
D Gbesemete
Trustee
Company Registration No. 6065940

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
I ACCOUNTING POLICIES
(al Basis of accounting
The accounts have been prepared in accordance with the charity's governing document, the Companies Art 2006,
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and Accounting and
Reporting by Charities.. Statement of Recommended Prattice applicable to charities preparing their accounts in
accordance with FRS 102. The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken adva ntage of the provisions of the SORP for charities applying FRS 102 Update Bulletin I not to
prepare a Statement of Cash Flows,
The financial statements are prepa red in sterlin& which the functional currency of the cha rity. Monetary amounts in
these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention modified to include the revaluation of
freehold properties, The pri ncipal accounting policies adopted are set out below.
(bl Going concern
At the time of 3 pprovi ng these financial statements, the trustees have a reasona ble expectation that the charity has
adequate resources to continue in operational existence for the foreseea ble future. Th us the trustees continue to
adopt the goin8 concern basis of accounting in preparing the financial statements.
(c) Charitable funds
Unrestricted funds are donations and other income receivable or generated for the objects of the charity without
further speclfied purpose and a re available as general funds.
Designated funds are unrestricted funds earmarked by the trustees for partlcular purposes.
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these
criteria is charged to the fund.
Idl Income
Income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when
receivable. The value of services provided by volunteers has not been included, but significant time is given by
volunteers, particularly in undertaking management and administration work. Gifts pledged are not brought into the
financial state ments until they are actually received.
Income from investments is included in the year in which it is receivable.
(el Expenditure
Expenditure is recognised in the year in which it is incurred. Expenditure includes attributable VAT which cannot be
recovered.
Management and administration costs are those incurred in connection with administration of the charity and
compliance with constitutional and statutory requirements.
io

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)
I ACCOUNTING POLICIES (continued)
In Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Land and buildings fair val ue is measured reliably and held under the revaluation model at a revalued amount, being
their fair value at the date of valuation less any subsequent accumulated depreciation and subsequent accumulated
impairment losses. The fa ir value of the land and buildings is considered to be their market value.
Depreciation is recognised so as to write off the cost or valuation of assets less their resid ual values over their useful
lives on the following ba51S:
Freehold build ings
Fixtures, fittings a nd equipment
Computers
2.5% straight line
25% straight line
25% straight line
The gain or loss arising on the d isposal of an asset is determined as the difference between the sale proceeds and the
carrying value of the a55et, and is recognised in net income/lexpenditurel for the yea r.
Igl Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine 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 loss lif anv).
{hl Financial instruments
The charity has elected to apply the provisions of Section 11 '8asic Financial Instruments, and Section 12 '0ther
Financial Instrument5 Issues, of FRS 102 to all of its financial instruments.
Basic financial assets
Basic financial assets, which include debtors 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 unles5
the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the
future receipts discounted at a ma rket rate of interest. Financial assets classified as receivable within one year are
not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the
arrangement constitutes a financing transaction, where the debt instrument 15 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.
li

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)
I ACCOUNTING POLICIES Icontinuedl
(il Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
ljl Leases
Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a
straight line basis over the term of the relevant lease.
2 ADMINISTRATIVE INFORMATION
The charity is a private company limited by guarantee Incorporated in England and Wales.
The registered office of the charity is 11 Cranbury Terrace, Southampton, Hampshire, S014 OLH.
12

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)
3 INCOME
Total
2025
Total
2024
DONATIONS AND LEGACIES
Donations and gifts
357,853
390,284
OThER INCOME
Event income
Wider ministry income
Property income
Grants
10,270
4,434
6,478
9,688
7,850
31,134
41,404
28,450
4 EXPENDITURE
Total
2025
Total
2024
CHARITABLE ACTIVITIES
Staff costs
Depreciation and irnpairment
Office costs
Publicitv
Children's and yoiith work
Fellowship fund
Hospitality and integration
New Frontier5 and other gifts
Travel
Equipment
Guest speakers
Bookstall costs
Venue hire
Courses and conferences
Mortgage interest
Accountancy
167,705
16,195
51,482
263
2,435
45,429
1,077
21,666
1,367
7,705
1,066
427
14,113
3,460
26,584
3,346
222,232
14,269
56,499
274
3,422
35,908
1,527
22,474
2,099
8,769
54
20,765
1,661
27,013
3,384
364,320
420,350
Included within accountancy above are amounts due to the independent examiners in relation to the examination of
£2,100 (2024: £2,100).
Analysis by fund
Unrestricted fund
337,605
26,715
392,377
27,973
Restricted funds
364,320
420,350
13

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)
5 EMPLOYEES
Number of employees
The average number of employees during the year was 5 (2024: 71
Employment costs
2025
2024
Wages and salaries
Social security Costs
Other pension costs
148,806
11,096
7,803
167,705
197,576
14,823
9,833
222,232
No employee received emoluments in excess of £60,000.
Key management comprises three individuals who were paid a total of £140,519 12024: £134,242 to three
individuals),
6 TANGIBLE ASSETS
Freehold
Property
Flxtures & Computers
Fittin8S
Total
COST
At beginning of year
Additions
Disposals
At end of year
835,838
14,166
12,715
16501
26,231
4,495
854,499
12,715
16501
866,564
835,838
4,495
DEPRECIATION
At beginning of year
Charge for year
Disposals
At end of year
34,607
13,807
13,702
2,388
16501
15,440
4,495
52,804
16,195
16501
68,349
48,414
4,495
NET BOOKVALUE
At beginning of year
At end of year
801,231
787,424
464
801,695
798,215
10,791
During 2022123 the Beacon Road property was gifted to the church. The property was professionally valued in
November 2018 at £75,000, which the trustees believe is still a fair value for the property.
14

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)
7 DEBTORS: amounts falling due within one year
2025
2024
Trade debtors
Gift aid tax recoverable
Prepayments and accrued income
Other debtors
4,922
5,377
12,507
1,566
24,372
894
4,813
7,976
1,524
15,207
8 CREDITORS: amounts falling due within one year
2025
2024
Bank loans
Other taxation and socia15ecurity
Other creditors
Accruals and deferred income
io
9,882
3,547
5,447
3,631
22,507
8,466
4,750
6,753
6,403
26,372
9 CREDITORS: amounts falling due after one year
2025
2024
Bank loans
io
307,236
317,420
10 LOANS AND OVERDRAFTS
2025
2024
Bank loans
317,118
325,886
Payable within one year
Payable 2-5 years
9,882
48,125
58,007
8,466
41,859
50,325
Payable by instalments after 5 years
259,111
275,561
The bank loan is secured by fixed charges over the freehold property.
15

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)
11 RESTRICTED FUNDS
The income funds of the cha rity include restricted funds comprising the following donations and grants held on trust
for specific purposes..
Movement in funds
Transfers Balance at
between
31 March
funds
2025
Balance at
l Aprll
2024
Income Expendlture
The Nepal Fund
West End Building Fund
Building Fund
Life Support
Youth
Lottery Fund
6,309
83,077
90,509
9,101
3,120
5,013
40,453
21,137
12,6581
15,0001
15,2231 15,753)
113,2711
2,136
6,771
83,090
119,986
19,103
7,526
15631 16,963}
196,523
69,723
126,715) 110,580)
228,951
Restrlcted fund5
The Nepal Fund was established to contribute towards the cost of the church plant in Pokhara, Nepal. The income
from this fund comes from regular donations and one off gifts.
The West End Building Fund is to cover costs that are specifically linked with a bu ild ing in West End.
The Building Fund was established by the charity to finance renovations and building across all venues. The
income for this fund comes from regular giving and one off donations. The transfer out represents capitalised
works on the 8oathouse property,
The Life Support fund is to provide practical financial support in the way of purchases, grants or loans to relieve
hardship or poverty amongst persons known to Life Church Southampton. Ouring the year funds were transferred
from General Funds as a tithe.
The Youth Fund was established for initiatives involving 11-18 year olds, both part of Llfe Church and not, in
Southampton.
Lottery Fund represents a grant from the National Lottery Community Fund to expand the community meeting
space. We received permission to spend the remaining balance of this fund on kitchen equipment, since the
building work cost less than anticipated. The transfer out of the fund represents this capitalised expenditure.
16

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)
12 UNRESTRICTED FUNDS
The income funds of the charity include the following designated funds which have been Set aside out of unrestricted
funds by the trustees for specific purposes:
Movement in funds
Transfers Balance at
between
31 March
funds
2025
Balance at
l Aprll
2024
Income Expenditure
Designated funds
Boathouse Property Fund
Beacon Road Propertv
Home for Good Fund
West End Fund
400,345
75,000
249
15,162
{40,392}
35,351
395,304
75,(M)O
249
15,162
Total deslgnated funds
490,756
140.392)
35,351
485,715
General funds
151,349 339,638
1297,213) 124,771)
169,003
Total unrestrlcted funds
642,105
339,638
(337,605)
10.580
654,718
Boathouse Property Fund This fund represents the net book value of the Boathouse property Ibased on historic
costl including the land and Improvements, less the outstanding loans.
Beacon Road Property Fund - This represcntS the fair value of the property transferred to the church in 2022123.
Home For Good Fund - This fund is for income and expenditure relating to the Home for Good initiative,
West End Fund - A fund to cover costs that are specifically linked with events and the building in West End.
17

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)
13 ANALYSIS OF FUNDS
Fund balances as at 31 March 2025 are represented by:
Unrestricted Restricted
funds
funds
Total
2025
Tangible assets
Current assets/lliabilities1
Long term liabilitie5
798,215
163,739
1307,236)
654,718
798,215
392.690
{307,236)
883.669
228,951
228,951
Fund balances as at 31 March 2024 are represented by..
Unrestricted Restrlcted
funds
Total
fund5
2024
Tangible assets
Current a5sets/{liabilitiesl
Long term liabilities
801,695
157,830
1317,4201
642,105
801,695
354,353
{317,4201
838,628
196,523
196,523
14 COMMITMENTS
At the balance sheet date the charity had remaining commitments of £7,02012024: £9,180) under operating leases,
15 RELATED PARTY TRANSACTIONS
J Hatcher received remuneration of £35,716 {2024: £32,942) and company pension contributions of £1,78612024:
£1,647).
With the exception of J Hatcher, no other the trustees lor any persons connected with them) received any
remunerations or benefits from the charity during the year.
During the year three tru5tee5 were reimbursed expenses totalling £572 for travel expen5es12024: three trustees
reimbursed a total of £1,455).
18

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)
16 PRIOR YEAR STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
Restricted
Total
funds
funds
2024
INCOME
Donations and legacies
Other Income
334,562
28,450
5,738
55,722
390,284
28,450
5,738
Investments
Total Income
368,750
55,722
424,472
EXPENDITURE
Charitable activitie5
392,377
27,973
420,350
NET INCOME BEFORE REVALUATION
123,627)
27.749
4,122
Transfers between funds
6,646
{6,646)
NET MOVEMENT IN FUNDS
116,981)
21.103
4,122
FUND BALANCES AT I APRIL 2023
659,086
175,420 834,506
FUND BALANCES AT 31 MARCH 2024
642,105
196.523 838,628
19

NEW FRONTIERS LIFE CHURCH SOUTHAMPTON
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)
17 COMPARATIVE FUNDS
FOR YEAR ENDED 31 MARCH 2024
Restricted funds
Movement in funds
Transfers Balance at
between
31 March
funds
2024
Balance at
l April
2023
Income Expenditure
The Nepal Fund
West End Building Fund
Building Fund
Life Support
Youth
4th Site
Breakfast club and those in need
Portugal
5,403
83,077
66,663
16,859
1,659
1,180
579
3,120
12,2141
6,309
83.077
90,509
9,101
36,426
5,594
2,732
15,9341
113,3521
14,3901
11,1801
15791
13241
16,646)
7,850
7,526
175,420
55,722
127,973)
16,6461
196,523
Unrestricted funds
Movement in funds
Transfers Balance at
between
31 March
funds
2024
Balance at
l April
2023
Income Expendlture
Deslgnated funds
Property Fund
Beacon Road Property
Home for Good Fund
West End Fund
399,512
75,000
249
14,662
113,8071
14,640
400,345
75,000
249
15,162
500
Total designated fund5
489,423
500
113,8071
14,640
490,756
General funds
169,663
368,250
1378,5701
17,994)
151,349
Total unrestricted funds
659,086
368.750
1392,3771
6,646
642,105
20