Charlty reglstratlon number 1145094 {England and Wales) Company registration number 07835914 NEW LIFE CHURCH DORKING ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 '.• xeinadin
NEW LIFE CHURCH DORKING LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr P M Sutherland Mr P Hajiltofi Mrs A J Puttick Mr M S Phillips Mrs P D Williams (Appointed 1 April 2025) {Appointed 1 April 2025) {Appointed 1 April 2025) Charlty numbar (England and Wales) 1145094 Company number 07835914 Reglstered offlce 54 Chart Downs Dorking Surrey UK RH5 4DH Independent examlner Hazel Day Xeinadin London Limited 46148 Easl Street Epsom Surrey United Kingdom KT17 1HQ
NEW LIFE CHURCH DORKING CONTENTS Pago Trustees, reporl Independent examine¢s report Slalemenl of financial activities Balance sheet Notes to the financlal slalemenls 7-16
NEW LIFE CHURCH DORKING TRUSTEES. REPORT (INCLUDING DIRECTOR'S 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 financlal statements have been prepared in accordance with the accounting policies set out in note 1 to Iha rinancial slatemonts and comply wlth the charily's governing document, the Companles Act 2006, FRS 102 'The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland" and the Charilies SORP °Accounling and Reporting by Charities.. Stalement of Recommended Practice appllcable lo charities preparing thelr accounls in accordance with the Fin8ncial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" ObJ8cllv88 and acllvltles Th8 charity's object Is defined In Ils Tnjst Deed 8s- To advance the Chrlsllan fallh In accordance with the St8lement of Beliefs appearlng in the Schedule hereto in Dorking and in such other parts of the United Kingdom or the world as the trustees may from time lo time think fil and lo fulfil such other purposes which are exclusively charitable accordlng lo the law of England and Wales and are connected with the charitable work ol the trust, and The policies adopted in furtherance of thase objects ar8 as follows.. Invoslmonl Policy The Trustees aim to see Incomlng resources used for the ends and therefore does not seek lo invasl for the sake of income. And cash is held on deposit. All income Is from voluntary donations, The trustees have pald due regard to guidance issued by the Charity Commission in decidlng whal aclivilies Ihe charity should underlake. This includes the Commission's specific guidance on "Advancement of Religion for the Public B8n&fil'. Th& maln activSlles ol the Charily were as follows: Worshlpplng God Ihrough sm811 group and whole-church gatherings and individual Ilfoslyles, Equlpping the Church (young and old) through leachlng. encouraging and example to live out their faith with passion and Integrity. This includes allendance al other wider Church events including residentlal youth events. Sharlng the good news of Jesus with people who wanl lo know more. Building a strong sense of'church Family. in which everyone is loved and cared for and in which new people are made to feel welcome. Wlder involvement in Children's and Youth Work with other Churches in Dorklng. Maintaining and updating our Chlld Protection Policy and provldlng tralnlng lor 811 those Involved with young peopl8. Pracllcal care for those in need, both In Ihe Church and Ihe local cornmunlly Financial support of a number of people within Ihe Church in keeping with Ihe Charily's objecls Developing the leadershlp, governance and adminislrative capacily as the Church grows. Publlc benefit The Iruslee5 have paid due regard to guidance Issued by the Charity Commlsslon in deciding what activities Ihe charlty should undert8ke.
NEW LIFE CHURCH DORKING TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and performance SignifiG8nl 8clivi118s and achi8vemenls against objeclives The year lo March 2025 saw the life of the Church family at the Chart Downs Communily Centre conllnue remain slrong and there was further growth in the significant positive impacl on the local community. The Sunday Morning Breakfasl Café continued throughout Ihe year. providing a popular venue for local people of all ages lo meel up and connect. Several people from Ihe local community who are nol part of Ihe Church continue to help in various ways wilh the running of Ihe café. The Messy Mondays Baby Group run by New Life at the local Family Cenlre is now thriving with as many as 50 people atlending on a Sunday morning from 20-30 families. It draws a range of parents with babies and toddlers from a wid8 variaty of backgrounds. The "Crafty Companions" group meeting at the Communily Centre on a Friday morning continues to Ihrive with a strong Inler-generational feel. A number of elderlylretir8d folk from the estate atlend but this is also rnixed with a growing number ol Mum's (particularly) and bableslloddlers, some of whom also attend Messy Monday earlier in tho week. Plans were also put in place for a now -8aby Massage. course lo start at the sama venu8 on Frlday mornlngs followed by an 'Early Days Café. where parents can discuss and se8k advlce on varlous Issues from breast-feeding lo sleeping or slmply download a bit on the stresses of parenlhood. Th8 Friday night Youth Club for Years 7-9 also continues at the Communlty Centre and r8gularly allracts 10-20 young people. As with most of the other aclivitles, Ihls Is enlirely run by volunteers from the Church. The wider work with young p8ople has continued lo develop Ihrough co-operation with other local Churches and wo were agaln able to take a group of over 20 teenagers from thoso Churches lo a major Chrisllan Youth Fesllval (Newday} In Norfolk. This Is now the biggest Youth Fesllval In Ihe UK wilh over 8000 young people allending. Most people in the Church are actively Involvedlserving In one or more of Ihe Church aclivitles oulside of the Sunday Worship gathering5 and Ihe Church is slowly starting lo grow In number. Underlying financial giving by Church members has also ris8n again slighuy durlng Ihe year. The growth and broadening of the activities of Ihe Church has led lo further effort being exp8nded in the following areas,. The establishment of"Community Llfe. as a banner and working framework for those actlvllles which have a dSrecl communlly focus as opposed lo Ihose Ihat are focused directly on New Llfe Church family. Financlal Management- grant appllcations (moslly successful) have grown and this means that accounting processes and procedures are being reviewed. with Ihe possibility Ihal another bank account is required, Trustees - the capacity and expertise of tho Trustees needs to be slrengihened and expanded and new Trustees will be appointed in April 2025 and this will be reported in Ihe lollowing Report and Accounts. Safeguardlng - again, the pollcies and procedures have needed to be reviewed, logelher wlth Irainlng and communication. Finally, the Church has continued to support tho work of Ihe Dorking Men's Shed {DMS) al Ihe Hampslead Road bulldlng, although the building is currently in the process of being sold. Thls Is Ilkely to complote by the end of 2025 and the DMS are due lo move to another location In Ihe summer of 2025. Flnanclal revlew The financial posilion of the Church remained fairly consislenl during the 12 months to March 2025 whlch is demonslraled in the accounls presenled in this documenl. The financial slalus of the Church is monitored regularly, with a view to laking appropriate aclion if required to maintain the reserves required by the policy slated previously.
NEW LIFE CHURCH DORKING TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Reserves policy 11 is Ihe policy of the charity Ihal unreslricled funds which hava nol been designated for a specific use should be maintained al a lovel equivalent lo between three and six monlh's expenditure. The tfuslees consider Ihal reseryes at Ihis level will ensure that, in the evenl of a significant drop in funding, they will be able to contlnuè th& charity's currenl activities whlle conslderalion is given to ways in which addilional funds may be raised, This level of reserves has been maintalned Ihroughout Ihe year. Slructure, govornance and management The charity is a company Ilmited by guarantee and is governed by its Trust Deed. The Irustees, who are also th8 directors for Ihe purpos8 of company law. and who setved during the year and up io the dale of slgnalure of the financlal statements were- Mr P M Sutherland Mr P Hajiltofi Mf R W Taylor Mrs AJ Pultick Mf M S Philllps Mrs P D Wllllams (Relired 31 March 2025> {Appoinled 1 Aprll 2025) (Appoinled 1 Aprll 2025) (Appoinled 1 April 2025) Recniilmenl and Igppolnlmenl of Inislees In accordance with th8 Trusl Deed, Ihe followlng provisions shall apply in felalion to the appoinlment of trustees: a) In addition to the slalulory powers of appointment a new Trustee may be appoinled by a r8801ulion of the trustees passed by a malorlly of the Iruslees for the lime belng (and not just a simple majorlly present al a meetlng when the resolullon is considered) and such resolution shall be recorded in the mlnutes and slgned by th8 new Irusle8 and by the chalrman of the meeting and such records shall be conclusive evidence of hls appolntmenl. b) When any new trustee is appolnted, Ihe Iruslees shall ensure Ihat any land or other properly belongSng to lh8 charity which is not vested in the Offlcial Custodian for Charilies or in a custodian Irustee or a nomlnee, Is effecllvely V6sled in the persons who are the trustees followlng such an appoinlment, c) A technical defect in the appointment of a twstee of which the Iruslees are unaware at Ihe tlme does not invalidate declslons taken by the Irustees. None of th8 Irust88s has any beneficlal Interest In Ihe company. All of the trustees are members of the company and guarantee lo contribute £1 in the evenl of a windin9 UP. Organisalional slruclure The Trust was eslabllshed in 2011. It is governed by Memorandum and Articles of Assoclalion whereln the charitable objects and powers are laid down. The Iruslees, report was approved by the Board of Trustees. Mr P M Sutherland
NEW LIFE CHURCH DORKING INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW LIFE CHURCH DORKING I report to the trustees on my examination of the finanual statements of New Life Church Dorking (the charily) for th8 year end8d 31 March 2025. Responslbllltles and basls of report As the trustees of the charity (and also its directors for Ihe purposes of company law), you are responslble for the preparation of the financial statements in accordance with the requiremenls of the Companies Acl 2006. Having sa115fied myself Ihat the financlal slalements of the charity are not required lo be audited under Parl 16 of the CoTnpanies Act 2006 and ara eligib18 for independant examination, I report in respect of my examinalion of th8 charity's financial slalements carried out under seclion 145 of the Charities Act 2011. In carrying out my exarninallon I have followed the Directions given by the Charity Commission under section 145{5)Ib} of the Charilles Act 2011. Independent examlner's slatement I have completed my examination. I confirm Ihal no mallers have come to my altenlion in connection wilh the examination giving me cause to believe Ihat in any material respecl.. accounting records were not kepl in respect of Ihe charity as required by section 386 of the Companles Act 2006. the financial statements do nol accord with Ihose records: or the financial statements do nol cornply wilh the accounting requirements of seclion 396 of the Companies Acl 2006 other Ihan any requirement that Ihe financial slalemenls giv8 a tru8 and fair vi8w, which is not a malt8r conslderod as part of an Independent examination; or the flnanGlal statements have not been prepared In accordance wilh Ihe methods and principles of th8 Sta18menl of Recomm8nd8d Praclice for accounting and reportlng by charitles applicable lo charities preparlng thelr flnanclal statements in accordance wllh the Flnanclal Reporting Slandard applicable In the UK and Republic of Ireland (FRS 102}. I have no concerns and have come across no other mallers In connection wilh th8 examination lo which altenlion should b8 drawn in this report in order to enable a proper understanding of the financial slalemenls to b8 r8ached. Hazel Day 8Sc (Hons) FCA DChA Xeinadin London Limiled 46148 East Slreet Epsom Surrey KT17 1HQ United Kingdom
NEW LIFE CHURCH DORKING STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unreslrlcted funds 2025 Restricted funds 2025 Total Unrestrlcted funds 2024 2025 Notes Income from: Donations and legacies Investments 85,561 813 7,250 92.811 813 77,638 417 Total Income 86,374 7,250 93,624 78,055 Expendlture on: Ralslng funds Charitable acllvitles Donatlons Youth Work Events & Projects Sunday & Premises Cosls Training staff Costs Admin Cosls 311 311 216 11,998 450 12.448 5,870 321 2,228 8.832 1,867 47,883 11,364 7,637 11.865 2,264 52,096 12.542 2,499 10.136 11.865 2,264 52.og6 12,542 Total charltable expondllure 98,402 2.949 101,351 78,365 Total expendlture 98.713 2,949 101,662 78.581 Net In¢omel(expendlture) and movemenl In fund8 (12.3391 4,301 (8.038) (5261 Reconclliation of funds: Fund balances al 1 April 2024 321.145 321.145 321.671 Fund balances at 31 March 2025 308.806 4,301 313.107 321,145 The stalement of financial aclivilies Includes all galns and losses recognlsed In Ihe year. All income and expenditure derlve from continuing aclivilies.
NEW LIFE CHURCH DORKING BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Flxed assets Tangiblo assets 12 281.440 281,751 Currant assets Debtors Cash at bank and in hand 13 19.021 57,129 19.806 21,799 76.150 41,605 Credltors: amounts falllng due wlthln one year 14 (44,483) (2,211> Not currenl asset8 31,667 39,394 Total ass8t8 le88 ¢urront liabllltles 313.107 321,145 The funds of the charlty Reslriclod incom8 funds Unreslricled funds 15 16 4,301 308.806 321,145 313,107 321,145 The company is entilled lo the exemption from the audit requirement contained In section 477 of the Companles Act 2006, for the year ended 31 March 2025. The director acknowledges his responsibili118s for complying wilh th8 requlremenls of the Companies Acl 2006 with respect to accounllng records and the preparalion of financlal statements. The members have not required the company to obtain an audit of ils financial statements for the year in question in accordance with seclion 476. These financlal slalements have b86n prepared in accordance wilh the provisions applicable lo companies subS8cI to the Small companies reglme. The finan¢lal slalemenls were approved by the iruslees on . .o.lify)w.f• Mr P M Sulherland Company regislratlon number 07835914 (England and Wales)
NEW LIFE CHURCH DORKING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Charlty Informatlon New Llfe Church Oorklng Is a private company limited by guarantee incorporated In England and Wales. The registered office is 54 Chart Oowns. Dorking, Surrey. RH5 4DH, UK. 1.1 8asls of preparatlon The financial statements have been prepared in accordance wilh Ihe charily's governing document, the Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable In tha UK and Republic of Ireland" and the Charilles SORP 'Accounllng and Reporting by Charlties.. Slalement of Recommended Praclice appllcabl8 to charities preparing Iheir accounts in accordance wllh the Flnancial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102)" The charily Is a Publlc Benefit Entlty as defined by FRS 102. The charity has laken advantage of Ihe provisions In Ihe SORP for charilies not to prepare a statement of cash flows, The financlal statemenls are prepared in sterllng, which is Ihe functlonal currency of the charlly. Mon8lary amounts in these flnanclal statements are rounded to Ihe nearest £. The financial slalemenls have been prepared under the hlstorical cost convention. The principal accounting policie5 adopted are set out below. 1.2 Golng concern Al the lime of approving the flnanclal statem8nls. the trust8es have a reasonable expectallon that the charlty has adequate resources lo continue in operallonal oxistence for the foreseoable fulure, Thus Ihe trustee5 continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charltable funds UnreslriGled funds are available for use at the dlscretlon of the trustees In furtherance of thelr charllable objectives. Reslrlcled funds are sublecl lo specific condlllons by donors or grantors as to how they may be used, The purposes and uses ol the restricled funds are sel out in Ihe notes lo Ihe financial slalemenls. Endowment funds are subject to specific conditions by donors Ihal the capltal must be mainlained by the charity. 1.4 Income Income Is recognised when the charity is legally enlitled lo it after any performance conditions have been met, the amounls can be measured reliably, and il is probable Ihat income wll be received. Cash donallons are recognised on recelpt. Other donalions are recognised once Ihe charity has been nolified of the donalion, unless performance conditions require deferral of the amount. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the Ilme of Ihe donation. Legacies are recognised on receipt or otherwise if Ihe charity has been notified of an impending dislribulion, the amount is known, and receipt is expected. If the amount is nol known, Ihe legacy is treated a5 a conlingent asset.
NEW LIFE CHURCH DORKING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcies (Contlnued) 1.5 Expenditure Expenditure is recognised once there is a legal or construclive obligation to transfer economic benefil lo a third party, it is probable that a transfer of economic benefils will be required in setllemenl, and the amount of Ihe obligation can be measured reliably. Expendlture Is accounted for on an accruals basis and has been classified under heading Ihal aggregale all cost related to the category, Where costs cannot be directly attributed to particular heading they have been allocated to activities on a basis consistent with the use of resources. 1.6 Tanglble flxed a88818 Tangible fixed assets are initially measured al cosl and subsequenlly measured at cost or valuatlon, net of depreciation and any impairment losses. Depr8¢lation is recognised so as to write off the cost or valuation ol assets less Iheir residu81 values over Iheir useful lives on the following bases: Freehold land and bulldings Fixlures and fittings Computers Nil 10C/+o Slraighl line 25Yo Straight Ilne The gain or loss arising on the dlsposal of an asset Is delermlned as the difference between the sale proceeds and Ihe carrying value of the assel, and is recognised in the slatemenl of financial aclivilies. 1.7 Impalrment of flxed assets At oach roporting end dale, the charity reviews the carrying amounts of ils langible assets lo determine whether Ihere Is any indication that those assets have suffered an impairment loss. If any such indlcalion exists, the recoverable amount of Ihe assel is estimated in order lo detemiine Ihe exlenl of the impairmenl loss (If any). 1.8 Cash and Cash equlvalents Cash and cash equivalents Include cash in hand. deposits held al call with banks, other short-term liquid investments with orlginal maturi118s of Ihroa monlhs or less. and bank overdrafts. Bank overdrafts are shown wilhin borrowings in current liabililies. 1.9 Flnanclal instrument8 The Charity has elected lo apply Ihe provislons of Section 11 'Basic Financial Inslruments, and Section 12 'Olhor Financial Inslrumenls Issues. of FRS 102 to all of its financial instruments. Financial instrumenls are recognised in Ihe charivs balance sheet when the ¢harily becomes parly to Ihe conlractual provisions of the instiument. Financial assets and liabllili8s are offsel. with Iho net amounts presented In the financlal statements. when Ihere Is a legally enforceable right to sel off the recognised amounts and there is an Inlenlion to setlle on a nel basis or to realise Ihe asset and sellle the liabllity slfflultaneously. Baslc financlal assets Basic financial assels, which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequenlly carried al amorlised cost using the effective interest method unless the arrangemenl conslilutes a financing Iransaclion, where Ihe transaction is measured at the presènt value of the futur8 receipts discounted al a market rate of interest. Financial a55ets classified as receivable within one year are not amortised.
NEW LIFE CHURCH DORKING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Contlnued) Baslc financial liabilitles Basic financial liabilities, including creditors and bank loans are Inlllally recognlsed at transacllon price unless the arrangement constitutes a financing transaction. wh8re the debt inslrumonl is measured al tha pr6S@nt value of the future payments dlscounled at a market rate of interest. Financial liabilities classified as payable wllhln one year are not amortised. Debt instruments are subsequently carrled al amortls8d cost, usln9 the effective Interest rate method. Trade creditors are obligations lo pay for goods or seNices that have been acqulred In the ordlnary course of operations from suppliers. Amounts payable are Glassified as current liabilities if payment is due wllhin one year or less, If not, they are presented as non-currenl liabililies. Trade creditors are recognised Inllially at Iransaction price and subsequently measured at amorlised cosl using Ihe effeclive inlerest melhod. Derecognlllon of flnanclal Ilablll¢les Financial liabllllles are derecognised when the charity's contraclual obligations expire or are dlscharged or cancelled. 1.10 Employee beneflts The cost of any unused holiday enlillernenl is recognlsed In the pefiod In whlGh the employee's services are rec8ived. Termination beneflts ara recognls8d Immedlately as an expens8 wh8n the charity Is d8monslrably commltled lo termlnale the employmenl of an employee or lo provide lermination benefits. Crltlcal accountlng esllmates and Judgemenls In the applicalion of the charlty's 8c¢ounllng poll¢les. the trustees ar8 requlred to make ludgemenls, eslimales and assumptions about the carrying amount of assets and Ilabililies that are not readily apparent from other sources. The eslirnatcs and associaled a5surnplions are based on historlcal experience and olher factois that are Considefed to be relevant. Actual resulis may differ from these 8slimates. The eslimal8s and underlying assumptions are reviewed on an ongoing basis. Revisions to accounllng estimales are recognised in the period In which the estimate Is revised where the revision affects only Ihal period, or in the period of Ihe revision and future periods where the revision affects both current and future periods. Income from donatlons and legacles Unrestricted Restricted funds funds 2025 2025 Total Unrostrlctgd Restrlcted funds funds 2024 2024 Tolal 2025 2024 Donatlons and glfts Other 68,463 17,098 7.250 75,713 17,098 62.836 14.802 62,836 14.802 85.561 7,250 92.811 77.638 77.638
NEW LIFE CHURCH DORKING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from Investments Unrestrlcted Unrèstrlcted funds funds 2025 2024 Deposit account interest 813 417 Expendlture on fa13ing funds Unrestricted Unr8strScted funds funds 2025 2024 Tradlng c0818 Depreciation and impairment 311 216 10-
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NEW LIFE CHURCH DORKING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to activitles 2025 2024 Staff costs Admin and office expenses 8ank charges Insurance Governance costs 52,096 8,176 60 1,758 2,548 47,883 6,701 60 2,044 1,869 64,638 58.557 Analysed between., Slaff Costs Admln Costs 52,096 12,542 47.883 10.674 64,638 58,557 Not movement In funds 2025 2024 The nel movement in funds Is stated after chargingl(crediling): Fees payable for the Independent examlnatlon of the charfty's financial statements DcprcGlation of owned tanglble fixed assets 2,450 311 1,869 216 Trustees Expenses lotallng £5,020 (2024.. £8.380) was reimbursed to 2 (2024.. 2) trustees In respecl of costs incurred by them on behalf of Ihe Charity. Trustees. remuneratSon and beneflts Durlng th8 year Mr P Sulherland was pald £35.00012024: £32,000) for work carrled oul by hlm for Ihe charlly. 10 Employees The average monthly number of employees during lh8 year was: 2025 Number 2024 Numbor Church staff Employment costs 2025 2024 Wages and sa18ries 52,096 47,883 13-
NEW LIFE CHURCH DORKING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Employee3 {Contlnued) There were no employees whose annual remuneralion was more Ihan £60.000. 11 Taxatlon The Charity is exempl from taxalion on its aclivilies because all Ils income is applied for charitable purposes. 12 Tanglble flxed assels Froehold l•nd Flxtures and and bulldln95 Iltllng* Computèr8 Tolal Cost Al l April 2024 280,000 1,260 739 281,999 Al 31 March 2025 280,000 1,260 739 281,999 Depreciation and Impalrment At 1 April 2024 Depreciation charged in the ye8r 63 126 185 185 248 311 Al 31 March 2025 189 370 559 Carrying amount At 31 March 2025 280,000 1.071 369 281,440 At 31 March 2024 280.000 1,197 554 281,751 13 Debtors 2025 2024 Amounts falllng due wlthln one year: Other deblors Prepaymenls and accrued income 17,099 1.922 14,802 5,004 19,021 19,808 14 Credltors: amounls falling due wlthln ono year 2025 2024 Other taxalion and social securily Trade creditors Olher creditors Acciuals and deferred incoma 526 56 243 1,386 40,249 3,650 44,483 2,211 14-
NEW LIFE CHURCH DORKING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Rostricted funds The reslrlcted funds of the charity comprfse the un8xpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. Al 1 Aprll 2024 Incomlng resources Resources At 31 March expended 2025 Community Life fund 7.250 (2,949) 4,301 R8strlcled lunds The Communlty Life fund comprlses donatlons and granls received specifically to supporl the church's communlty engagement activltles and events Ihat promote soclal connectlon, wellbeing and pracllcal support wlthin the local community. 16 Unrestricted funds The unreslricted funds of the charlty comprlse Ihe unexpended balances of donatlons and grants whlch afe nol subjecl lo speclflc condltlons by donors and grantors as to how they may be used. These Include de51gnaled funds which hav8 b88n sel aside out of unreslricted funds by the Irust8es for speclfic purposes, At 1 Aprll 2024 Incomlng resources Resources At 31 March expended 2025 Gener81 funds 321,145 86,374 (98,713) 308,806 Prevlous year: Al 1 Aprll 2023 Incomlng resources Resources At 31 March expended 2024 General funds 321,671 78,055 (78,581) 321,145 17 Analysls ol net assets between funds Unrestrlcted funds 2025 Restrictèd fund5 2025 Total 2025 At 31 March 2025: Tangible assets Current asselsl(liabililiesl 281.440 27.366 281,440 31,667 4,301 308.806 4,301 313,107 15-
NEW LIFE CHURCH DORKING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Analysls of nol assots between funds (Contlnued) Unreslricted funds 2024 Restricted funds 2024 Total 2024 Al 31 March 2024: Tangible assets Current assetsl{Ilabllilles) 281,751 39,394 281,751 39.394 321,145 321.145 18 Related party transactions There were no dlsclosable related party transactions durlng ih6 year (2024 - none). 16-