2020-12-31-accounts - New Life Church, Crouch Valley

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		Page
Report ofthe Trustees	1	to	4
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	7	to	8
Notes to the Financial Statements	9	to	16
Detailed Statement ofFinancial Activities	17	to	18

	FOR THK YE	AREND	ED 31DECEM	BER2020
					2020	2019
			Unrestricted	Restncted	Total	Total
			funds	funds	funds	fullds
		Notes
INCOME AND KNDOWMKNTS FROM Donations and legacies			229,042	339	229,381	214,747
Charitable activities General			6,947	11,185	18,132	5,174
Other trading activities Investment income			40, 104 248		40,104 248	74,692 367
Total			276,341	11,524	287,865	294,980
EXPENDITURE ON Raising funds		4	(220,458)		(220,458)	51,290
Charitable activities General MIRACLE HOUSE			481,155	5,959	487,114	176,309 59,469
Total			260,697	5,959	266,656	287,068
NKT INCOME			15,644	5,565	21,209	7,912
RECONCILIATION	OF FUNDS
Total funds brought	forward		48,093	2,579	50,672	42,760
TOTAL FUNDS CARRIED FORWARD			63,737	8,144	71,881	50,672

				2020	2019
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
CURRENT ASSETS Debtors Cash at bank		2,000 125,001	8,292	2,000 133,293	2,010 115,408
		127,001	8,292	135,293	117,418
CREDITORS Amounts falling due within one year		(4,775)		(4,775)	(4,775)
NKT CURRENT ASSETS		122,226	8,292	130518	112643
TOTAL ASSETS LESSCURRENT LIABILITIES		122,226	8,292	130,518	112,643
CREDITORS Amounts falling due after more than one year	10	(58,637)		(58,637)	(61,971)
NKT ASSETS		63,589	8,292	71,881	50,672
FUNDS	13			63,737	48,093
Unrestricted funds				8,144	2,579
Restricted funds
				71,881	50,672
TOTAL FUNDS

		NOTES TO THK FINANCIAL STATEMENTS FOR THK YEAR ENDED 31DECEMBER	NOTES TO THK FINANCIAL STATEMENTS FOR THK YEAR ENDED 31DECEMBER	-continued 2020
2.	OTHER TRADING	ACTIVITIES		2020	2019
	Coffee shop Hall hire			29,785 10319	49,050 25,642
				40,104	74,692
3.	INVKSTMKNT INCOME			2020	2019
					K
	Deposit account interest			248	367
4.	RAISING FUNDS
	Raising donations	and legacies		2020	2019
	Support costs			(260,864)
5.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated after charging/(crediting):
				2020	2019
				K
	Hire ofplant and machinery			754	3,543

There were no trustees' expenses paid for the year ended 31December2020 31December 2019.	There were no trustees' expenses paid for the year ended 31December2020 31December 2019.	There were no trustees' expenses paid for the year ended 31December2020 31December 2019.	nor for the	year ended
COMPARATIVKS FOR THE STATEMENT OFFINANCIAL ACTIVITIES Unrestricted			Restricted	Total
		funds	funds	funds
INCOME Donations	AND ENDOWMENTS FROM and legacies	210,733	4,014	214,747
Charitable General	activities		5,174	5,174
Other trading activities Investment income		74,692 367		74,692 367
Total		285,792	9,188	294,980

	NOTES TOTHE FINANCIAL STATEMENTS -continued FOR THK YEAR ENDED 31DECEMBER2020	NOTES TOTHE FINANCIAL STATEMENTS -continued FOR THK YEAR ENDED 31DECEMBER2020	NOTES TOTHE FINANCIAL STATEMENTS -continued FOR THK YEAR ENDED 31DECEMBER2020	NOTES TOTHE FINANCIAL STATEMENTS -continued FOR THK YEAR ENDED 31DECEMBER2020
7.	COMPARATIVKS FOR THE STATEMENT OFFINANCIAL ACTIVITIES -continued Unrestricted Restricted				Total
			funds	funds	funds
	EXPENDITURE ON Raising funds		113,686	(62,396)	51,290
	Charitable activities General MIRACLE HOUSE		161,917	14,392 59,469	176,309 59,469
	Total		275,603	11,465	287,068
	NKT INCOME/(EXPENDITURE)		10,189	(2,277)	7,912
	Transfers between funds		4,465	(4,465)
	Net movement in funds		14,654	(6,742)	7,912
	RECONCILIATION OF	FUNDS
	Total funds brought forward		33,439	9,321	42,760
	TOTAL FUNDS CARRIED FORWARD		48,093	2,579	50,672
8.	DEBTORS: AMOUNTS	FALLING DUK WITHIN	ONK YEAR	2020	2019
	Other debtors			2,000	2,010
9.	CREDITORS; AMOUNTS FALLING DUK WITHIN ONK YEAR			2020	2019
	Bank loans and overdrafts Accrued expenses	(see note 11)		3,335 1,440	3,335 1,440
				4,775	4,775

	NOTES TOTHE FINANCIAL STATEMENTS -continued FOR THK YEARENDED 31DECEMBER2020
10.	CREDITORS: AMOUNTS FALLING DUE AFTERMORE THAN ONK YEAR	2020	2019
	Bank loans (see note 11)	58,637	61,971
11.	LOANS
	An analysis ofthe maturity ofloans is given below:
		2020	2019
	Amounts falling due within one year on demand:
	Bank loans	3,335	3,335
		3 335	3,335
	Amounts falling due in more than five years:
	Repayable by instalments: Bank loans more 5 yr by instal	58,637	61,971
12.	SECURED DEBTS
	The following secured debts are included within creditors:
		2020	2019
	Bank loans	61,972	65,306

MOVEMKNTINFUNDS
		Net
		movement	At
	At 1/1/20	in funds	31/12/20
Unrestricted funds General fund Miracle House Fundraising Designated Little Sparks	399,500 (355,230) 632 3 191	56,451 (41,091) 284	455,951 (396,321) 632 3,475
	48,093	15,644	63,737
Restricted funds Help Fund Charity Box Ascend Essex Training Jacobs Hidden Prayer Macmillan Coffee Morning	1,214 530 790	(313) 79 5,834 10 ~45)	901 609 6,624 10
	2,579	5,565	8,144
TOTAL FUNDS	50„672	21,209	71 881
Net movement in funds, included in the above are as follows:
	incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds General fund Miracle House Little Sparks	251,332 24,187 822	(194,881) (65,278) ~538)	56,451 (41,091) 284
	276,341	(260,697)	15,644
Restricted funds Help Fund Charity Box Ascend Essex Training Jacobs Hidden Prayer Macmillan Coffee Morning	250 79 11,185 10	(563) (5,351) (45)	(313) 5,834 10 ~45)
	11524	~5,959)	5,565
	383,865		21,209

Comparatives for movement in funds
		Net	Transfers
		movement	between	At
	At lill19	m funds	funds	31/12!19
Unrestricted funds General fund Miracle House	350,313 (316,874)	47,327 (38,356)	1,860 632	399,500 (355,230) 632
Fundraising Designated Little Sparks		1218	1,973	3,191
	33,439	10,189	4,465	48,093
Restricted funds Restricted Little Stars Help Fund Charity Box Conferences Fund Raising Ascend Essex Training UP2U	1,973 921 327 2,164 632 2,437 867	(1,126) 293 203 (1,647)	1,126 (1,973) (2,164) (632) (867) 45	1,214 530 790 45
Macmillan Coffee Morning
	9 321	~2,277)	~4,465)	2,579
TOTALFUNDS	42,760	7912		50,672

Comparative net movement in funds, included	in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds General fund Miracle House Little Sparks	259,481 24,040 2271	(212,154) (62,396) ~1,063)	47,327 (38,356) I 218
	285,792	(275,603)	10,189
Restricted funds Restricted Help Fund Charity Box Ascend Essex Training	3,477 293 244 5,174	(4,603) (41) ~6,821)	(1,126) 293 203 ~I,647)
	9,188	~011,463	~2,277)
TOTAL FUNDS	294,980		7,912

A current year 12months an	d prior yea	r 12months co	mbined pos	ition is as follo	w	s:
				Net		Transfers
				movement		between	At
		At I/1/19		in funds		funds	31/12/20
						K
Unrestricted funds General fund Miracle House		350,313 (316,874)		103,778 {79,447)		1,860 632	455,951 {396,321) 632
Fundraising Designated Little Sparks				5 1 502		1,973	3,475
			33,439	25,833		4,465	63,737
Restricted funds Restricted Little Stars Help Fund Charity Box Conferences Fund Raising Ascend Essex Training UP2U Jacobs Hidden Prayer Macmillan Coffee Morning			1,973 921 327 2,164 632 2,437 867	(1,126) {20) 282 4,187 10 ~45)		1,126 (1,973) (2,164) (632) {867) 45	901 609 6,624 10
			9,321	3288		~4,465)	8 144
TOTAL FUNDS			42,760	29 121			71,881
A current year 12months	and prior year 12months		combined net movement		in	funds, included	in the above are
as follows:
				Incoming resources		Resources expended	Movement in funds
Unrestricted funds General fund Miracle House Little Sparks				510,813 48,227 3,093		(407,035) (127,674) ~1,591)	103,778 (79,447) 1 502
				562,133		(536,300)	25,833
Restricted funds Restricted				3,477 543		(4,603) (563)	(1,126) (20)
Help Fund Charity Box Ascend Essex Training Jacobs Hidden Prayer Macmillan Coffee Morning				323 16,359 10		(41) {12,172) ~45)	282 4,187 10 ~45)
				20,712		~(17,424	3,288
TOTAL FUNDS				582,845			29,121

INCOME AND ENDOWMENTS
Donations and legacies	228,159	212,476
Donations	1,222	2,271
Subscriptions
	229,381	214,747
Other trading activities	29,785	49,050
Coffee shop	10,319	25,642
Hall hire
	40,104	74,692
Investment income	248	367
Deposit account interest
Charitable activities	6,947
Grants	11,185	5,174
Training fund
	18,132	5,174
	287,865	294,980
Total incoming resources
EXPENDITURE
Other trading activities	39,445	48,465
Coffee shop purchases	961	2,825
Make lunch
	40,406	51,290
Charitable activities	21,093	29,156
General expenses Travel and subsistence Repairs and renewals	2,325 6,469 940	719 4,070 884
Subscriptions and licences	3,043	9350
Training
	33,872	44,179
Support costs
Management	120,303	117,026
Wages	754	3,543
Hall hire Miracle House expenditure	62,351 183,408	59,469 180,038
Carried forward


		2020	2019
Management Brought forward Light and heat		183,408 1,501 524	180,038 2,059 849
Telephone Postage and stationery		1,519 194	1,810 1,079
Advertising			13
Sundries
		187,146	185,848
Finance		865	1,384
Bank charges Mortgage		2,927	2,927
		3,792	4,311
Governance Accountancy	costs and legal fees	1,440	1,440
Total resources	expended	266,656	287 068
Net income		21,209	7,912