2022-03-31-accounts - New Life Church, Teesside

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				Unrestricted	Itestricted	Total	Total
				Funds	Funds	Funds	Funds
				2022	2022	2022	2021
Income			Notes
Donations and legacies				151,523		151,523	107,659
Income from charitable octlvltles
Fees and other income received				358,661		358,661	394,602
Investment	income lk interest			142		142	228
Total incoming resources				510,326		510,326	502,489
Expenditure
Expenditure	on charitable	activities		495,904	1,570	497,474	459,651
Total expenditure				495,904	1,570	497,474	459,651
Net income	and net movement
in funds for	the year			14,422	(1,570)	12,852	42,838
Total funds	brought forward			285,585	6,290	291,875	249,037
Movement	in Revaluation	reserve
Total funds	carried forward			300,007	4,720	304,727	291,875

IL Income
Income from charitable activities
	Unrestricted	Restricted	2022	2021
Fees ond other income	E	E	E	E
Day care and other departments	358,661		358,661	393.920
Foodbank				675
Otherdepartments				7
	358,661		358,822	394,602

Expenditure	on Charitable	on Charitable	Activities
					Basisof	Charitable	Governance
					Allocation	Costs	coals	2022	2021
								Total	Total
Costs directly	allocated
to acthides
Staffcosts					Direct	340,914		340,914	325,546
Travel &training					Direct	5,827		5,827	4,192
Independent	Examiner's	Fee			Direct		1,356	1,356	1,300
Direct charitable costs					Direct	12,991		12,991	11,718
Depreciation					Direct	8,753		8,753	8,753
Support costs allocated		to
acthrities
Staffcosts					Time	32,533	3,615	36,148	32,741
Premises Costs					Usage	36,097	4,010	40,107	38,442
Other admin	costs				Usage	44,827	4,981	49,808	' 36,969
						481,942	13,962	495,904	459,651
Inthe current	year 61,570ofexpenditure			related	to restricted	funds.
4.Net incoming resources forthe year								2022	2021
This is stated	after charging:							E	6
Depreciation								8,753	8,753
Trustees' remuneration		and	benefits (see	below)				39,439	38,527
Independent	examiner'sfee							1,356	1,300

			YEAR ENDED 31st MARCH 2022
				2022	2021
5.Staff Costs				6	6
Wages and salades				348,917	332,176
Social security	costs			15,569	13,086
Pension costs				13,020	13,025
				377,506	358,287
No employee	received emoluments		ofmore than E60,000in either this year or last year.
				2022	2021
The average number ofemployees			wasr
Direct charitable		activities		25	24
Administration				2	2
				27	26

No provision has been made in respect 7.Tangible Fixed Assets	oftaxation, as the chaiity i	s exempt	from tax on i	ts charitable a
		Furniture,	Plant fa	Total
	Property	Equipment
	E		E
Costor valuation At 1"Apnl 2021	177,270		91,599	268,869
Additions	147,555			147,555
Disposals	(25,000)			(25,000)
Revaluation
At 31"March 2022	299,825		91,599	391,424
Depreciation
At 1u April 2021			64,728	64,728
Eliminated on disposal
Charge forthe year			8,753	8,753
At31"March 2022			73,481	73,481
Net book value
At 31u March 2022	299,825		18,118	317,943
Net book value
At 31"March 2021	177,270		26,871	204,141

Tees at a valu	e ofE60,	000.
8.Debtors			2022	2021
			6	E
Trade debtors			8,594	27,889
prepayments	and other debtors		4,000	7,673
			12,594	35,562
All debtors are receivable within one year.
				2021
9.Creditors: amounts		falling due within one year		E
Other creditors and accruals			11,443
Social security	and other taxes		5,314	3,861
Loan (see below) Deferred income			3,500 6,371	2,081 7,133
Hire purchase			1,510	2,148
			28.138	21,866
			2022	2021
10.Creditonu	amounts	falling due after more than one year	E	E
Loan (see below) Hire purchase			65,890 0	15,430 1,338
			65,890	16,768

as a than	, church. The loan is repayable in monthly instalments one year is due as follows:	over 20years at an interest rate of7.5%.The bal	ance due af
		2022	2021
		E	E
Due Due	in 2-5years after 5years	14,000 51,890	9,170 6,260
		65,890	15,430

						Unrestricted	Restricted		Total
11.Analysis ofnet	assets		between funds			Fundsf	Fundsf		Fundsf
Tangible fixed assets						317,943			317,943
Net current assets						47,954	4,720		52,674
Creditors: amounts	falling		due after more than 1year			(65,890)			(65,890)
						300,007	4720		304,727
12. Movement in	funds
				At 1st	Other				At 31st
				April	Incoming	Resources		Revalu-	March
				2021f	Resourcesf	Expendedf	Transfers f	ation E	2022 E
Unrestricted funds
Generalfunds				86,635	118,628	(96,429)	26,623	-	135,457
Property revaluation		reserve		116,028				-	116,028
Total general funds				202,663	118,628	(96,429)	26,623	-	251,485
Designated funds
Oay care &Family Centre Property trust investment Vision			fund	14,577 49,149 12,340	357,921 104 29,017	(393,337) (50)	(27,000)	-(20,839) 49,253 14,307
Youth				63					63
Outreach				1,572	1,363	(3,300)	365
Book room and Tape		Ministry		79					79
Coffee bar				1,942		(87)			1,855
Crusaders				422		(434)	12
Foodbank					901	(901)
Prayer for Israel Parent and toddler				529 1,797	1,653 498	(1,200) (119)			982 2,176
Oasis				452	241	(47)			646
Total designated funds				82,922	391,698	(399,475)	(26,623)	-	48,522
Total unrestdcted	funds			285,585	510,326	(495,904)		-	300,007
Restricted Funds
Sensory room				6,290		(1,570)			4,720
Total restricted funds				6,290		(1,570)			4,720
Total Funds				291,875	510,326	(497,474)		-	304,727