Newlife Trust Accounts report Ending Year, December 31, 2024
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|---|---|
|Previus Year|£0.00|
|Gross income|£58,590.08|
|Total Expenses|£58,928.20|
|Balance at closing|-£338.12|
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Cost of Goods Sold:
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|---|---|---|---|
|Beginning Inventory|£0.00|
|No goods were sold|
|Less:|Ending Inventory|£0.00|
|Cost of Goods Sold total|£0.00|
|SubNet Balance|-£338.12|
|ee|
|Income:|
|Donations|£14,949.57|
|Donations Declared|£12,158.30|
|Grants|£19|,|720.00|
|Gift Aid|£11,762.21|
|Expenses:|
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|---|---|
|Rent|£0.00|
|Petrol|£399.17|
|Community Food|£5,528.05|
|Equipement|£1,535.30|
|Office Expenses|£676.54|
|Travel|£2,354.92|
|Bills|£370.80|
|Others|£7,860.63|
|£412.00|
|EC01 Child Care|
|EC02 Venue Hire|£1,300.00|
|EC03 Volunteers|£445.00|
|EC04 Class Trips|£0.00|
|EC05 Events,|£776.26|
|EC06 Teacher|£750.00|
|EC07 Project|£400.00|
|EC08 Overheads|£44.48|
|International|£6,381.77|
|Permits Immigration|£5,788.28|
|Reseve|£23,905.00|
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Pr.Omne Guzman ~~en <~~ Br. Kyle Dyal 77 ee
Page 1 of 4
NEWLIFE TRUST Trustees’ Annual Report For the period: 01/01/2024 – 31/12/2024
Charity Name: NEWLIFE TRUST Charity Registration Number: 1125377
1. Objectives and Activities
NEWLIFE TRUST is a community-focused charity with the following aims:
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General Charitable Purposes
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Education and Training
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Prevention or Relief of Poverty
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Overseas Aid and Famine Relief
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Maintaining Human Faith and Hope
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Other Charitable Purposes , including:
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Provision of Human Resources
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Advocacy, Advice, and Information
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Winter Shelter
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Social and Physical Training for Young People (e.g., football, music education, and other activities)
Additional Information:
The charity operates under policies to safeguard the community and ensure compliance with government laws and regulations.
2. Policies
2.1 Policy on Grant Making
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Funds are provided exclusively to support projects with charitable purposes benefiting the community.
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Trustees may approve other applications if deemed beneficial for the charity.
2.2 Policy on Social Investment
- The charity currently has no social investments.
2.3 Policy on Volunteer Contributions
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Volunteers are a vital part of the charity, providing significant value to both the community and the organisation.
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There is no compulsory financial contribution required from volunteers.
NEWLIFE TRUST 2024 Trustees’ Annual Report
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3. Achievements and Performance
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2024 a year of increase where the charity has continued supporting the community through visits, counselling, and delivery of goods.
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Music teaching projects through 2024 positively influenced young people, teaching them to play various instruments.
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Football clubs and other community activities continue to engage both youth and adults.
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English speak up is a programme that helps others languages speakers to get confidence with English speaking .
Additional Information:
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The charity is committed to going beyond its objectives to provide better services, increase employment participation, and support neighbourhood integration.
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Fundraising activities met or exceeded objectives, and the introduction of Gift Aid has boosted community programs.
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Investment in music, sports, and family support projects has reduced isolation and fostered integration.
4. Financial Review
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NEWLIFE TRUST maintains modest finances compared to project ambitions but shows a positive trend over previous years.
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In 2024, the charity achieved a financial increase of approximately 35%.
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Currently, the charity does not have a reserve policy.
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The charity does have a reserve value of £10000.
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Funds are primarily sourced from social events, charitable programs, donations, and approved grants.
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The principal financial risk is inflation, which increases running costs.
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The charity continues to address ongoing financial challenges to meet community demands.
5. Structure, Governance, and Management
Charity Goals:
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Prevention or relief of poverty locally and, to a limited extent, overseas.
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Advancement of education, faith, and hope.
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Provision of human resources, advancement of health, and saving lives.
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Advancement of citizenship, community development, arts, and skills.
NEWLIFE TRUST 2024 Trustees’ Annual Report
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- To provide grants or financial assistance to individuals in need for the purposes of advancing education, including the provision of support to enable them to achieve academic or vocational success.
Governing Document:
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Constitution adopted on 7th July 2008
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NEWLIFE TRUST is an unincorporated charity
Trustee Selection:
- Candidates attend a board meeting to observe operations and meet other trustees before members make a final selection.
Policies and Procedures:
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Safeguarding Vulnerable Beneficiaries
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Bullying and harassment policy and procedures
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Complaints handling
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Complaints policy and procedures
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Internal charity financial controls policy and procedures
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Internal risk management policy and procedures
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Safeguarding policy and procedures
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Safeguarding vulnerable beneficiaries
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Serious incident reporting policy and procedures
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Social media policy and procedures
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Trustee conflicts of interest policy and procedures
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Volunteer Agreement
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Trustee expenses policy and procedures
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Volunteer Job Description
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Volunteer Policy
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Volunteer management
6. Reference and Administrative Details
Charity Name: NEWLIFE TRUST Previous Name: MINISTERIO NOVA VIDA Registered Charity Number: 1125377 Principal Address: 134 Frith Road, London, E11 4E
Trustees:
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Hildebrando Garcia
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Rev. Raquel Moreira
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Kyle Dyal
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Teresa Sofia De Guzman
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Eliane Albano De Sousa
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Omne Jesus Guzman Acevedo
NEWLIFE TRUST 2024 Trustees’ Annual Report
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Property and Assets:
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NEWLIFE TRUST c u rrently does not hold property or assets .
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The charity does no t hold funds on behalf of others.
Exemptions from Disclosure:
- The charity has no n on-disclosure policies.
7. Declarations
The trustees declare that t h ey have approved this Trustees’ Report.
Signature(s): ___ _ ____ |
Full Name(s): _Omne J G u zman Acevedo
Position(s) (e.g., Secretary, Chair, etc.): _Chair____
Date: _06/10/2025 _
NEWLIFE TRUST 2024 Trustees’ Annual Report
Independent Examiner’s Report
Report to the trustees on my examination of the accounts of NEWLIF E TRUST for the year ended 31 December 2024.
Examiner’s Statement
I confirm that no matters have come to my attention which give me c a use to believe that:
- accounting records we r e not properly kept in accordance with secti o n 130 of the Act;
or
- the accounts do not ac c ord with those records; or 3. the accounts do not co m ply with the accounting requirements of th e Act; or 4. the accounts do not co n tain the disclosures required by applicable l a w.
I have no concerns and h a ve come across no other matters in connec t ion with the examination to which att e ntion should be drawn.
Independent Examiner’s details
Name: João Silva Sousa V entura Das Neves
Relevant professional qualification or body (if applicable):MAAT (Fina n ce Manager) Address: 1 Rowan Cresce n t, Horsford, NR10 3GB a Signature: __ _ _____ s-* Date: 30[th] October 2025