New Beginnings Christian Centre Company Limited by Guar#ntee Unaudited Financial Statements 31 March 2024 COMPAiYY REGISTRATION NUMBER.. 0756S706 CHARITY REGISTRATION NUMBER: 1142639 STREETS SPENSER WILSON CHARTERED ACCOVNTANYS
NEW BEGINNINGS CHIUSTIAN CENTRE COMPANY LIMITED BY CUARANTEE FINANCIAL STATEMENrs YEAR ENDED 31 MARCH 2024 PAGE Trustees, annual report (incorporating th¢ directorfs report) Independent examinerfs report to the truste¢s Statement of fAnan¢ial a¢tiviti¢s (including income and expenditure account) Statemeiit of fman¢ial position Notes to the financial statements
NEW BEGINNINGS CHRISTIAN CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) YEAR ENDED 31 MARCH 2024 The Irustee.q, who are also the dircctors for the purposes of company lawy present their report and tlie unaudited financial statemeiits of the charity for t]1¢ year ended 31 March 2024. REFERENCK AND ADMINISTRATTrT DETAILS Registered tbarlty name New Beginnings Christian Cent Charity registration number 1142639 Company registrAtion number 07565706 Prillcipal oiTice and registered Equitable House 0te 55 Pellon Lane Haltfax West Yorkshire HXI 5SP The trustees L. Thorpe P. J. Kemp M R Durgan Rev. A Pugh (Retired 17 August 2024) <R¢tir¢d 29 November 2023) Company steretary L. Thorpe Xndependent examiner Elizabeth Short FCA Streets Spenser Wilson (Yorkshire) Ltd Equitable House 55 Pellon Lane Halifax West Yorkshire HXI 5SP
NEW BEGIIYNINGS CHRISTIAN CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (coNIiiiuEd) YEAR ENDED_II MARCH 2024 STRUCTURE, GOVERNANCE AND mANAGE1VNT Governing dOcMent ie organisation is a charitable company limited by guarantee, in¢orporat¢d oil 16 March 2011 and registered as a charity on 29 June 2011. The Conipany was established under a Memorandum of Association whicli ¢stabli5hed the objects and powers of the charitable company 8nd is governed under the Articles of Association. The In¢mbeT5 have no shareholdiiig but in the event of a winding up they hav¢ und¢rtak¢n to Contribute tothe payment of liabtlitie5 su¢h amountasmay be required not exceeding a total of £1. Membership of the Company is open to all who can demonstrate the following: has by grace eyhibited saving f8ith in fhe Lord Jesus Chri* has desire to worship &nd servc God is coTnTnilt¢d to promoting the objects is nominated by the Senior Minister and approved by a majority of members The Trustees can also admit'Friends and Associate5, and give them powers and duties as they think fiL but such persons will notbe members of the compony and sliall not be entitled to speak or vote at general meetings. The company work5 in fellowship with ELIM and in accordance with the Statement of Faith issued by the G2ncral Council. Recruitment alld appoilltment of Trustees Trustees are directors for the purposes of company law. TTU5tees shall comprise the Senior Minister of the Church together with such persons as tlie Senior Minister shall nominate together witli otlier persons that the Board of Trustees may appoint. Th¢ numbcr of Trustees shall not be less than J witl) no maxifftum and the Trustees are not required to retire by rotation. The Trustees may delegate their powers to any committee consisting of one or Inore Tnistees and may delegate to any Managinu Trustee or Trustee holding executive office such tx>wers as they think fit. The Tru5tee5 meet on a regular basis (at least monthly) and are responsible for strateglc direction and operational policies. The d&y to day administration is delegated to Linda Thorpe (a Trustee). Truslee tralDlnE And Induction On appointmcnt thc Trustees are provided with a copy of the CharÉty's Memorandiim and Articles of Association, the Charity Commission guidanc¢-Th¢ Essential Trustee, tlie lale5t financial accounts and other relevant tnatters . The Senior Minister also discusses the requirements and expectations of the Church in relation to their dutie5 as Tn]stees. Risk assessment The Trustees hav¢ reviewed the major risks to which the Charity is exposed and are satisfied that systems are in pla¢¢ to miligat¥ exposure to those risks.
NEW BEGINNINGS CHRISTIAN CENTRE COMPANY LIMITED BY GUARANTEE TRUST£ES' AINNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) YEAR ENDF.D 31 MARCH 2024 Org&nisational structure The board of trnstees meets on a regular basis to oversee the operations of tlie Charity. make policy decisions and be responsible for governance. Rplated parties Peter Knp, Liiida Thorp¢, Martin Duw and Pastor A D Pugh were all trustees during th¢ year. During the year a Christmas gift of £200 (2023 £nil) was given to Linda Thorpe and £500 (2023 £500) to V Pugh the wife of Pastor A D Pugh. OBJECTIVES AND ACTIVITIES Th¢ objects of the Charity are for the benefit of the public to advance the Christian gospel, to relieve sickness and fin&niial hardsliip* to promote and PiEserv¢ good health by the provision of funds, goods Dr .%ervices of any kind including through the provision of counselling and support and to advance education in such ways and li) such parts of the United Kingdom or the world as ihe Trustees froTn IiTne to time may think fit. In fijrtherance of the main objects, the Charity undertake5 the following activities.. Church services Children's clubs Fcllowship nights Food distributlon to the needy Men's evening Seniors Club Easter Fun Day Christmas Fayrc and Grotto Narcotics Anonymous Youth Fellowship The Trustees confim? that they have r¢vi¢wed the Charity Commission guidelines on public ben¢fit and consider that by providing the above services and activities to th¢ l(Kal community ih¢y are providing a piiblic benefit. ACHIEVEMENTS ATrID PERFORMANCE The Trustees Nwill be concentrating on expanding the services the Church offers to its congregation and people living in the Calderdale and West Yorkshire area. We have now moved to a larger Town centre location so we can offer more community facilities and increase the niembers of the church. We have secured premises in tlie Town centre on a 20-year lease at very favourable rate5. The first phase of tlie building work. the main auditorium and the ground floor. renovations, has now been completed with phase 2 commencing in January 2025 ivhich includes the Church offices and the rooms for hire. We will be using this new location to promote Church gr0h as well as providing more facilities to ¢n¢ourage the public to both use the building and come to Chlirch Services.
NEW BEGINNINGS CHRISTIAN CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (conripwdj YEAR ENDED 31 MARCH 2024 FANAL REEw The Charlty had net income during the year of £54.819 (2023 - Slirplus £7,333), to be added to tlie Charity's funds brought forw'ard. Reserves at the end of the year were £298,497 (2023 £243,678). which ar¢ lo be used to finance additional activities in the ensuing year. Reserves policy The Unrestiicted funds of the Charity are all available to promote the objects. Of the unrestricted nds at the year end £44,286 {2023 £48,858) aff¢ held in fixed a55els leavTng a balance OF £254,211 (2023 - £194.820) held in reserv¢ to be used over the next 2 to 3 years to promote the expansion of the Charity'5 activities. There are no restricted funds. Principal fulldillg sources The principal soiirce of funds e1Ved is from members donations, church offerings and tithes. PLANS FOR FtrruRE PERIODS The Trustees are planning to offer part of th¢ building for hire for Children's parties. open a cotnmunity café, provlde a Santa's grotto over the Cliristmas period, increase both OilT children's and Youtli outreach and continue with our over 60's club and hopefiilly increase their numbers. With the ChLirch tnoving to a more accessible location for all the peopl¢ of CalderdaE¢ we hope to grow the Church, provide inore community services aThd reacli a much wAder vari¢ty of the cotnmunity. SMALL COMPANY PROVISIONS This report has been prepAred in accordance with the provislOD5 applicable to companies entitled to the small companies exemption. The trustees, allnual report and th¢ strategic report were approved on 23 December 2024 and signed on behalf of the Ix)ard of trustees by: PJMP Trustee
NEW BEGINNINGS CHRISTIAN CENTRE COMPANY LIMITED BY GUARANTEE tNDEPEfiDENT EXA,MINER'S REPORT TO THE TRUSTEES OF NEW BEGINNINGS CHRISTIAN" CENTRE (coNrlNiie YEAR ENDED 31 IWIARCH 2024 report to th¢ trustees on my examination of the finan¢ial statements of New Begintkings Christian Centre Cthe charity,) for the year ended 31 March 2024. RESPONSIBILITIES AND BASIS OF REPORT As the trustee5 of the cotnpany (and also its directors for thc purposes of company law) you a responsible for the preparatioii of tlie fmaneial statements in accordance with the requirem¢nts of th¢ Companies Act 2006 ('the 2006 Acl')- Having satisfied myself that the &ccouThts of the company are not required Éo b¢ audit¢d under Part 16 of the 2006 Act and are eligible fiir independent examination. I report in respect of my examin&tion of the charity's accoLlttts as carri¢d olit under section 145 of the Charities Act 2011 (:the 201 l Act')- In ¢arrying out my examination I have lollowed the Directions given by ihe Charity Commission under section 145{5}(b) of the 2011 Act. llYDEPENDENT EK4MINER'S STATEMEf4T- MATfER OF CONCERN IDENTIFIED l conf] that no otlier matters have come lo my attention in connection with my examination giving rtLe cause lo believe that in any m8terial respect- accounting records were not kept ITh respect of the charity as requll'ed by section 386 of the 2006 Act. or the financial stat¢ments do not accord with tliose records- or the financial statements do not comply with the accounting reqiiirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and faiP view which is not a matter considered as part of an independent examination. or the fiiiancial statements have not b¢cn prepared in accordance with the methods and principles of the Statement of Recommended Practice for a¢¢ountiug and r¢w)rting by charities applicable to cbarities preparing thesr accounts in a¢cordance with the Financial Reporting Standllrd applicable in the UK and Republic of Ireland (FRS 102)- I confLnn that there are no oilier matters to which your attention shoiild be drawn to enable a proper und¢t3tanding of the accounts to be reached. Elizabeth Short FCA Str¢¢ts Spenser Wilson (YorkshTre} Ltd lildedent Examiner Equitsble Hous¢ 55 Pellon Lane Halifax West Yorkshire HXI 5SP
NEW BEGINNINGS CIIRISTIAN CENTRE COMPANY LIMITED BY GUARANTEE STATEMFNT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPEIYDITURE ACCOUNT) YEAR ENDED 31 MARCH 2024 2024 2023 Unrestricted funds Total funds Total funds Note Income and endowments Donations and legacies Oil)er trading activities Investment income 79,920 53,823 29 79,920 53,823 29 70,978 31,075 23 Total income 133,772 133,772 102.076 Expelldi¢ure Exp¢nditur¢ on raising funds.. Costs of other trading aclivities Expenditure on charitable activities Other expenditure Total expenditure 847 78,106 847 78,106 740 94,394 (391) 94,743 9,10 12 78.953 78,953 Net income and net movement in Imllds 54,819 54019 7,333 Reeonciliation of funds Total funds brought forward Total fullds carried fonvard 243,678 243,678 298,497 236.345 243,678 298,497 The statement of fLtVdDcial activtties includes all gains and losses recognised in the year. All income and expenditiire derive from continuing activities. The notes pages 8 to 16 form part of these financial statements.
NEW BEGINNINGS CHRI,STIAN CLNTRE COMPANY LIMITED BY GUARANTEE STATEIVIENT OF FINANCIAL posrrIoN (¢ollWiitted) 31 MARCH 2024 2024 2023 Note FIXED ASSETS Tangible fixed assets 17 44,286 48,858 CURREf4T ASSETS Debtors Cash at bank and in hand 18 10,642 245,503 256,145 8,903 187,624 196,527 CREDfTORS: Ydmounts falling due within one year NET CURRLNT ASSETS 19 1,934 254,211 194,820 TOTAL ASSETS LESS CURRENT LIABILITIES 298,497 243,678 NET ASSETS 298,497 243.678 FUIYDS OF THE CHARITY Unrestricted funds 298,497 243.678 Total charity fuuds 21 298.497 243,678 For the year ending 31 March 2024 the charity wa5 entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities= The members have not required the company to obtsin an audit of its finanoial statements for the year in question in accordaAc¢ with section 476- The direclors acknowledge their responsibilities for complying with tlie requirements of the Act with respect to accounting r¢cords and the preparation of fmancial styatements. These financial statements have been prepared in accordance witli the provisions applicable to companies subject to the small companies, regime. These fiiian¢ial statements were approved by the board of trustees and authorised for issue Oll 23 Dec¢mber 2024. and are signed on behalf of th¢ boatxl by.. PJKEMP Trustee The notes 011 Pages 8 to 16 forni pail of these finan¢ial statements.
NEW BEGINNINGS CHIUSTIAN CENTRE COMPANY LIMITED BY GUARANfEE NOTES TO THE FINATrICIAL STATEMENTS YEAR ENDED 31 MARCH 2024 GEPIERAL INFORMATION Th¢ charity is a public benefit eiitity and a private company liinited by guarantee. registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Equitable House, 55 P¢llon Lane, Halifax, West Yorkshire. HXI 5SP. STATEMENT OF COMPLLINCE These financial stalemenls have been prepared Tt] cotnpliance with FRS 102. The Financial Reporting Standard applicable in th¢ UK and the Rcpublic of Ireland,, the Statement of Recommended Practice applicable to charities preparing tli¢ir accounls in e0rdaNCe with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) 8nd th¢ Companies Act 2006. ACCOUNIING POLICIES Basi5 of preparation The fjnancial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair valiie through &ncome or expenditure. Tlie financial statemeiits ar¢ prepared in sterlinu which is the fimetional currency of the entity. Going coneern There are no material uncerta&nties about the charitys ability to continiie. Judgements and key sourees of estimation uneerlainty The preparation of the financial statements requires manag¢men¢ to make judgements, estimates and assumptions that affe¢t the atnounts reported. These estimates And judgements are continually reviewed and are based orL exp¢rience and other factors, including expectations of future events fhat are believed to k reasonable linder the circiiinstsnces. There are not considered to be any judgements or accountiDg estimates or assumptions that have a significant impact on the financi&l statements.
NEW BEGINNINGS CHRISTIAN CENTRE COIIIPANY LIMITED BY GUARAiYfEE NOTES TO THE FINANCIAL STATEMENfs (ttrJil&iuEd) YEAR ENDED 31 MARCH 2024 ACCOUNTtNG POLICIES (eortliniierf) FuDd a¢¢ounlillg Unr¢slri¢ted fLinds are available for use atthe discretion of the tNste¢s to furth¢rany of the charity's purposes. Designated fvnds are unrestricted funds earmarked by the trustee5 for particular future project or ommitsnent. R¢stricted funds are subjected to restrictions on their expenditure declared bythe donor or through the ternis of an appeal, and fall into one of two 5ub-classes-. restrioted ineome funds or endowment funds. Incoming resource5 All income is included in the slateTnent of fInancial activities wh¢n entitlement has passed to the charity, it is probable thal the economic beiicfits associated with the transaction will flow to the charity and the aInoiint can be reliably measured. Tlie folloiving specific policie5 are applied to particular categories of income: income from donations or grhnts is recognised when there 15 evid¢nce of entitl¢m¢nt to the gift, receipt is probable and its amount can be measured reliably. legacy income i& recognised when receipt is probable And entitlement is established. Resources expended Expenditure is recognised on an aCCruS basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of th¢ statementof financial afjlivities lo which it relates- expenditure on raising funds includes th¢ costs of all fundraising aotivi¢i¢s, events, non- haritable trading activitie8, and th¢ sale of donated goods. expendilure on charitable activities includes all costs iiicurred by a charity in undertaking activities that further its charitabl¢ aims for the benefit of its beneficiaries, including thos¢ support ¢osts and costs relating to th¢ governance of the charity apportioned to charitsble activities. other eXndItre includes all expenditure tliat is iicither related to raising funds for the charity nor part of its expellditure on charitable aclivities. All costs are allo¢ated to ¢xpenditure tegOrieS reflecting the use of tlie resource. Direct Costs attributsble to a single activity are allocated directly to that activity. Shared cost5 ate apportioned between the aetiviti¢s they contribute to on a reasonllble, justifiable and corksislent basis.
NEW BEGINNINGS CHRISTIAN CENTRE COMPANY LIMITED BY GUARAINTEE NOTES TO THE FINANCIAL STATEMENTS fcoRlinKedJ YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES (coRilivErf) Operating leases Lease payments are recols¢d as an expense over the leas¢ terjn on a slraight-line basis. The aggregate benefit of lease incentiv¢s is recogni5ed a5 a reduction Éo expense over the lease tenn, on a straight-line basis. Tangible assets Fixed assets (excluding investments) aTe stated at cost less accumulated depreciation. The costs of minor additions or those costing below £250 are rkot capitalised. Deprlation Depreciation is calculat¢d so as to write off the cost or Yaluatioii of an asset, less its residual value, over the iis¥ful ¢conomi¢ life of that asset as followg.. Furnithre & fittings Equipment I 00/0 on reducing blllance IOD/o on reducing balan¢e Impairment of fixed assets A review for indicators of impairmcnt IS Carried oiit at each reporting date. fvvith the recoverable amount being estimated where sucl) indicators exist. Where the ¥arrying value exceeds the recoverable amount, the asset is fftmpaired accordingly. Prior impairments are also reviewed for possible revers818t each reporting date. Finaneial instruments The company only has financial assets and financial liabilili¢s of a kind that qualify as basic finaiicial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measiir¢d at their settlement value Ivith the exception of batik loans wliich are Subsequently measured at amortised cost using the effective interest m¢tliod. Defined contribution plans Contributions to defjned ¢onlribution plans al'e recognised as ali expense in tlie period in which the related service is provided. Prepaid contributions are recognised as an asset lo th¢ extent that the prepaynent will lead to a reduction in futhre payrllents or a cash refiind. Tydxatio Th¢ Company is a Tegistered charity and linder the provisions of Income and Corporation Taxes Act 1988 15 exempt from taxation. io
NEW BEGINNINGS CHRISTIAN CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEIVIENTS fcoiiliirued) IAR ENDED 31 MARCH 2024 LIMITED BY GUARANfEE The Charity is a comparty limited by guarantee. Eacli Jnember undertake5 to contribute such an amount (not exceedtng £1) as may be r¢quir¢d in th¥ evcnt of winding up. DONATIO]NS At+4D LEGACIES Unre5tricled Total Funds Unrestricted Total Funds Funds 2024 Fuiids 2023 DONATIONS Donations Tithes 6,701 53,855 6,701 53,855 4,190 44,909 4,190 44,909 GIFrs Gift aid tax refund 9,619 9,619 10,000 10.000 OTHER DONATIONS AND LEGACIES Church offerings 9,745 9,745 11,879 70,978 11,879 70,978 79,920 79,920 OTHER TRADING ACTIVITIE*> Unrestricted Total Funds Unr¢strict¢d Totsl Funds Funds 2024 Funds 2023 Fundraising events Cafe income Conference incorn¢ Food bank 8.884 2,408 40.860 1.671 8,884 2,408 40,860 1,671 8,929 2,398 14,473 5,275 11,075 8.929 2.398 14,473 5,275 31,075 53,823 53,823 INVESTMEiYf INCOII Unrestricted Total Funds Unrestrtcled Total Funds Funds 2024 Funds 2023 Bank interest receivable 29 29 23 23 COSTS OF OTHER TRADING ACTivifIES Unrestricted Total Funds Unrestricted Total Fiinds Fundb. 2024 Fiinds 2Q23 Cafe exp¢nses 847 847 740 740 li
NEW BEGINNINGS CIIRISTIAN CENTRE COMPANY LIMITED BY GUARATrITEE NOTES TO THE FINANCIAL STA TEMENTS i(owllniierfJ YEAR ENDED 31 MARCH 2024 I XPENDITURE ON CHAIUTABLE ACTIVITIES BY FUND TYPE Unrestricted Total Funds Unrestricted Totai Funds Funds 2024 Funds 2023 Fuiidraising Food bank Support costs 1.342 3,747 73,017 lJ42 3.747 73,017 5.035 11,510 77,849 5,035 11,510 77,849 94,394 78,106 78,106 94.394 10. EXPEIYDITURE ON CHARfTABLE ACTIVITIES BY ACTIVITY TYPE Activities und¢rtaken dir¢Gtly Support costs Total funds 2024 Total fund 2023 Fundralsing Food bank Governance costs 1,342 3,747 71,128 72,470 3,747 1,889 78,106 79.424 11.5lO 3.460 94,394 1,889 73,017 5,089 11. ANALYSIS OF SUPPORT COSTS Total 2024 Total 2023 Staff costs Premises Communications and IT General office Finance costs Governance costs Travel and conference cost5 Repairs and renewals Insuranee Printing and stationery Depreciation Licen¢¢s and subscriptions Catering and cl¢aning 29,900 22,159 5,927 1,864 533 1089 30.572 24.000 5.957 2,143 558 3.460 11 lJ17 1,041 1,062 445 4,917 1586 377 1,163 1.523 803 455 5,430 1,133 652 77,849 12
NEW BEGINNIDIGS CHRISTIAN CENTRE COMPANY LIMITED BY GUARAINTEE NOTES TO THE FINAIYCIAL STATEMENTS {&TiiÉinMed) YEAR ENDED 31 MARCH 2024 12. OTHER EXPENDTtURE Unrestricted Total Funds Unrestrict¢d Total Fiinds Funds 2024 Fiinds 2023 Loss/Profit on disposal of tangibl¢ fixed asset5 held for Charity's own use (391) (391) 13. IYET INCOME Net income is stated after ehargingl(crediting)= 2024 2023 Depreciation of tangible f¢d assets Gaitis on diswsal of tangible fixed assets Operating l¢ase rentals 4,Y17 5,430 (391) 842 312 14. INDEPENDENT EXAMINATIOLY FEES 2024 2023 Fees payable to the indep¢ndent examiner for= Inde]kndent exainination of the financial stateEnents 1,876 I,680 15. STAFF COSTS The totsl staff cost5 and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Social securitv costs Employer contributLons to pension plans 29,91MJ 29,710 701 161 29.900 30,572 13
NEW BEGINNllYGS CHRISTIAN CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (¢0 iliii¢e YEAR ENDED 31 MARCH 2024 15. STAFF COSTS (¢onlinIied) The average head eount Df employees during the year was l (2023: 1)- The average nuinber of full_ time equivalent employees during the year is analysed as follows: 2024 2023 Number of staff No eillployee received employe¢ benefits of mor¢ than £60.000 during the year (2023: Nil). 16. TRUSTEE REMUNERATION AND LXPENSES Pastor A D Pugh received remuneration of £29.900 (2023: £29,710) and £161 (2023.. £161) was contributed to his workplace pension. All payments were in refpect of thcir employment a5 pennitted by the Charity's Memorandum ld Articles of Associafioty. No oilier trustee r¢¢¢iv¢d remuneration or ben¢fRts fiDtn the Charity. 17. TANGIBLE FIXED ASSETS Fixtures & fittings EquipJnent Total Cost At l April 2023 Additions 32,836 91,622 345 124,458 345 At 31 March 2024 32,836 91,967 124,803 Depreciation At l April 2023 Charge for tl)e year At 31 March 2024 21,647 1,118 22,765 53.953 3,799 57.752 75,600 4,917 80,517 Cariying amount At 31 March 2024 10,071 34.215 44286 At 3 1 March 2023 11.189 37,669 48,858 18. DEBTORS 2024 2023 Prepayments and accrued income Oihgr dgbtors 798 9,844 903 8,000 10,642 8,903 14
NEW BEGINNINGS CHRISTIAN CEIYTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEIVIENTS fc011111erfl YEIIR ENDED 31 MARCH 2024 19. CREDTTORS.. amounts falliug due withill one year 2024 2023 Accruals and deferred income 1,934 1.707 20. PENSIONS AND OTHF.R POST RETtREMENT BEf4EFITS Defined ¢ontribution plans Th¢ amoiint recognised in income or expenditure as an expense in relatiotl to defined contribution plans was £Nil (2023.. £161). 21. ANALYSIS OF CHARITABLE FUNDS Unrestri¢ted funds l Apr2023 IncoTne Expenditure 31 Mar 2024 General funds 243,678 13J.772 (78,953) 298,497 l Apr 2022 Income Expenditure 31 Mar 2023 General funds 236,345 102,076 (94,743) 243,678 15
NEW BEGINNINGS CHRISTIAN CENTRE COMPAIYY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {conli iitterf) YEAR ENDED 31 MARCH 2024 22. ANALYSIS OF NET ASSETS BETWEEN FUNDS UDrestri¢ted Total Funds Fund5 2024 Tangible fed assets Current assets 44,286 254,211 44,286 154,211 Net Assets 298,497 298,497 Unrestrirted Total Fund5 Funds 2023 Tangible fixed assets Currellt assets 48,858 194,820 243,678 48,858 194.820 243,678 Net assets 23. OPERATING LEASE COMMITMENTS Tlie total future miniinum lease payments under non-¢an¢¢llable operating leases are as follows.. 2024 2023 Not later than l year Later than l year and not later than 5 years 749 62 811 24. RELATED PARTIES Peter Kemp, Linda Tliorpe. Pastor A D Pugli were all knistees during the year. A Christmas gift of £200 (2023: £nil) was given to Linda Thorpe and £500 (2023.. £nil} to V Pugh the wife of Pastor A D Pugh. 16