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2025-03-31-accounts

REGISTERED CHARITY NUMBER: 1124970

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CHEADLE NEW LIFE CHURCH

Dale Hicks OCR ICB 15 Cecilly Street Cheadle Stoke-on-Trent Staffordshire ST10 1DF

CHEADLE NEW LIFE CHURCH

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page Report of the Trustees 1 to 4 Independent Examiner's Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes to the Financial Statements 8 to 13

CHEADLE NEW LIFE CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The work of Cheadle New Life Church includes the following:

To advance the Christian faith in accordance with the Statement of Beliefs and practices in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit. To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the Trustees from time to time may think fit; and to advance education in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit.

Public benefit

The Charity acknowledges it's requirement to demonstrate clearly that it must have a charitable purpose or “aim” that is for the public benefit. During this financial year our purpose to benefit the public included;

Page 1

CHEADLE NEW LIFE CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

ACHIEVEMENT AND PERFORMANCE

The Sunday service continues to be broadcast live for members and the wider online audience utilising 'YouTube Live'. Live individual device views are nationwide and international and view after the service are into the hundreds. The services have led to new members joining the church.

There are usually three mid-week meetings, two of which are open to the public, one specifically for new believers.

We work with 'Walk Ministries', an ex-offenders rehabilitation programme based in Stoke-on-Trent, welcoming them to the services as part of their recovery programme.

Work supporting the international benefit provided by the charity to Romania by way of a donation to the 'Doxa Foundation' to support them and also Ukrainian refugees. We also help the 'Doxa Foundation' with the annual, well known, 'Christmas Shoebox' appeal to their local orphanage, we have supported this for over 30 years now.

Church events have been reintroduced to include;

Regular activities include

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CHEADLE NEW LIFE CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

FINANCIAL REVIEW

Investment policy and objectives

See “Statement of Financial Activities” and “Balance Sheet” for financial position.

The reserves the Charity is holding is £97,054.

Reserves policy

The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue fulfil it's charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Constitution adopted 11 May 2008 and amended 25 April 2017.

Charity Constitution

The Charity is an unincorporated association.

Recruitment and appointment of new trustees

The Trustees do not remain the same since the previous report with S Calvert resigning his position on 28 January 2025 and being replaced by M Shenton also on 28 January 2025.

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CHEADLE NEW LIFE CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Number 1124970 HMRC for Charities Reference Number XT13814

Principle address

The Bethel Tape Street Cheadle Stoke-on-Trent Staffordshire ST10 1BG

Trustees

C M Longhurst D Longhurst M Shenton

Independent Examiner

Dale Hicks OCR ICB 15 Cecilly Street Cheadle Stoke-on-Trent Staffordshire ST10 1DF

Approved by order of the board of trustees on 30 January 2026 and signed on it's behalf by:

C M Longhurst – Trustee.

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHEADLE NEW LIFE CHURCH

Independent examiner's report to the trustees of CHEADLE NEW LIFE CHURCH

I report to the charity trustees on my examination of the accounts of CHEADLE NEW LIFE CHURCH (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

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:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

D J Hicks OCR ICB 15 Cecilly Street Cheadle Stoke-on-Trent Staffordshire ST10 1DF

29 January 2026

Page 5

CHEADLE NEW LIFE CHURCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

2025 2024 Unrestricted fund Total funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 26,905 22,250 Other trading activities 3,194 2,250 Interest income 9 31 Total 30,108 24,531 EXPENDITURE ON Raising funds 29,601 21,461 Other 1,036 1,547 Total 30,637 23,008 NET INCOME/(EXPENDITURE) (529) 1,523 RECONCILIATION OF FUNDS Total funds brought forward 97,583 98,586 TOTAL FUNDS CARRIED FORWARD 97,054 100,109

The notes form part of these financial statements

Page 6

CHEADLE NEW LIFE CHURCH

BALANCE SHEET 31 MARCH 2025

2025
Unrestricted
fund
Total
FIXED ASSETS
Notes
£
Tangible assets
6
173,273
CURRENT ASSETS
Debtors
7
0
Cash at bank
3,654
3,654
CREDITORS
Amounts falling due within one year
8
(8,910)
NET CURRENT ASSETS
(5,256
)
TOTAL ASSETS LESS CURRENT
LIABILITIES
168,017
CREDITORS
Amounts falling due after more than one year
9
(70,963)
NET ASSETS
97,054
FUNDS
Unrestricted funds
11
97,054
TOTAL FUNDS
97,054
2024
funds
£
180,976
270
9,691
9,961
(18,910)
(8,949
)
172,027
(71,918)
100,109
100,109
100,109

The financial statements were approved by the Board of Trustees and authorised for issue on 30 January 2026 and were signed on it's behalf by;

C M Longhurst – Trustee

D Longhurst – Trustee

M Shenton – Trustee

The notes form part of these financial statements

Page 7

CHEADLE NEW LIFE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Plant and machinery - 25% on reducing balance Computer equipment - 25% on reducing balance

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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CHEADLE NEW LIFE CHURCH

NOTES TO THE FINANCIAL STATEMENTS – continued FOR THE YEAR ENDED 31 MARCH 2025

2. OTHER TRADING ACTIVITIES
Fundraising events / room hire charges
3. INVESTMENT INCOME
Interest receivable
4. TRUSTEES' REMUNERATION AND BENEFITS
2025
£
3,194
2023
£
9
2024
£
2,250
2024
£
31

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year
ended 31 March 2024.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM £
Donations and legacies 22,250
Other trading activities 2,250
Interest income 31
Total 24,531
EXPENDITURE ON
Raising funds 21,461
Other
1,547
Total 23,008
NET INCOME 1,523
Page 9

RECONCILIATION OF FUNDS Total funds brought forward

98,586

100,109

TOTAL FUNDS CARRIED FORWARD

Page 10

CHEADLE NEW LIFE CHURCH

NOTES TO THE FINANCIAL STATEMENTS – continued FOR THE YEAR ENDED 31 MARCH 2025

6.
TANGIBLE FIXED
ASSETS
Freehold
Improvements
Plant and
Computer
COST
property
£
to property
£
machinery
£
equipment
£
At 1 April 2024
165,693
13,935
5,213
2,100
Additions
-
-
-
At 31 March 2025
165,693
13,935
5,213
2,100
DEPRECIATION
At 1 April 2024
16,569
1,393
782
840
Charge for year
3,853
278
1,307
527
At 31 March 2025
2 0, 42 2
1,671
2 , 0 8 9
1,367
NET BOOK VALUE
At 31 March 2025
145,271
1 2 , 2 6 4
3,124
733
At 31 March 2024
149,124
1 2 , 5 4 2
4,431
1,260
7.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
Other Loan
£
0
8.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Bank loans and overdrafts (see note 10)
4,830
Other creditors
1,200
6,030
Totals
£
186,941
186,941
Totals
£
186,941
186,941
Totals
£
186,941
186,941
19,584
5,965
2 5 , 5 4 9
161,392
167,357
2024
£
270
2024
£
7,710
11,200
18,910

Continued,,,,, Page 11

CHEADLE NEW LIFE CHURCH

NOTES TO THE FINANCIAL STATEMENTS – continued FOR THE YEAR ENDED 31 MARCH 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025 2024 £ £ Bank loans (see note: 10) 70,963 71,918 10. LOANS An analysis of the maturity of loans is given below: 2025 2024 £ £ Amounts falling due within one year on demand: Bank Loans 8,910 18,910 Amount falling due between one and two years: Bank Loans – 1-2 years 8,910 18,910 Amounts falling due between two and five years: Bank Loans – 2-5 years 23,189 23,130 Amounts falling due in more than 5 years: Repayable by instalments: Bank Loans more 5 yr by instal 40,676 44,078 11. MOVEMENT IN FUNDS Net movement At 01/04/24 in funds At 31/03/25 £ £ £ Unrestricted funds General fund 100,109 (3,055) 97,054 TOTAL FUNDS 100,109 (3,055) 97,054 Net movement in funds, included in the above are as follows: Incoming Resources Movement resources expended in funds £ £ £ Unrestricted funds General funds 30,108 30,637 (529) TOTAL FUNDS 30,108 30,637 (529)

continued..... Page 12

CHEADLE NEW LIFE CHURCH

NOTES TO THE FINANCIAL STATEMENTS – continued FOR THE YEAR ENDED 31 MARCH 2025

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

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