Registered Charity Number: 1155084
NEW LIFE
Annual Report and Financial Statements for the year ended
1[st] November 2021
New Life
Contents
| Legal & Administrative information | 3 |
|---|---|
| Introduction from Chairman & Chief Executive | 4 |
| Report of the Trustees | 5-8 |
| Independent Examination | 9 |
| Statement of Financial Activities | 10 |
| Statement of Assets & Liabilities | 11 |
| Notes to the accounts | 12 |
New Life
Legal & Administrative information
| Registered Charity number | 1155084 |
|---|---|
| Founder & Chief Executive Officer | Trevor Goodall |
| Chairman & Trustee | Russell Jeffreys (resigned November 2020) |
| Paul Homersham | |
| Trustees | Desmond Kelly |
| Natalie Bealing | |
| Steve Dopson | |
| Charity Address: | Bluebell Wood Barns |
| Hawkridge Hill | |
| Frilsham | |
| Thatcham | |
| Berkshire | |
| RG18 9XA |
New Life
Introduction from our Chief Executive
2021 has been an amazing year. With your generosity, we have reached £1 million in donations since the charity began – an amazing milestone!
The amount we have raised is a testament to the hard work and generosity of all those who support us. Fundraising & donations received in the year to 1[st] November 2021 totalled £114,184 (2020: £74,179). This has, in turn, facilitated the awarding of £28,979 (2020: £31,207) for the purchase of vital equipment for special care baby units.
The incredible generosity of New Life supporters made possible the purchase of cutting-edge and muchneeded equipment at hospitals around the UK. This equipment is saving the lives and improving the chances of some of our most vulnerable babies and making it easier for parents to help in the care of their newborn.
We know there is so much more we can do - the number of babies born prematurely or requiring neonatal care is increasing and yet NHS budgets are more stretched than ever. With your support we can make a difference. With your generosity, we can help ensure our special care baby units have the equipment they need to improve the chances of a new life surviving and thriving.
…………………………….
Trevor Goodall Founder and Chief Executive
New Life
Report of the Trustees for the period ended 1 November 2021
What we do
New Life is a charity dedicated to supporting babies cared for in neonatal units, by providing grants for hospitals to purchase vital equipment to improve the chances of a positive outcome. Babies in neonatal units are often fighting for their lives and rely on expert care, attention and facilities if they are to survive.
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Every year over 100,000 babies are cared for in neonatal units in the UK because they have either been born prematurely (before 37 weeks of pregnancy), or made it to full term (after 37 weeks) but are too sick to go home. This means that 1 in 7 babies born in the UK are admitted to a neonatal unit each year.
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It costs the NHS in excess of £1,000 per day to look after a baby who requires intensive care in a neonatal unit
Our mission
Neonatal units rely on specialist equipment to save, treat and monitor premature babies and to support the family during this highly emotional and stressful time. NHS budgets do not stretch to ensuring that the latest and most effective equipment is available. That’s why it’s our mission to provide neonatal equipment to special care baby units, that improve the chances of a new life surviving and thriving.
How we work
To achieve this goal, we raise funds through sponsorship and donations which are then awarded as grants to neonatal units across the UK upon successful application.
Over the last 25 years we have built up an understanding of, and a relationship with, many neonatal units across the South of England in particular but also throughout the UK. Through regular dialogue we receive requests for funding of new equipment either in part or in full. When resources allow, and subject to the request fitting within our grant framework, funds are released and equipment purchased.
We strongly believe that through collaboration we can raise awareness of the desperate need of special care baby units and raise more funds more quickly that we might do on our own.
Strategic Report
Our impact: what we did in 2020/21
Between December 2020 and November 2021, thanks to our generous supporters, New Life’s income from voluntary donations reached £114,184. This enabled us to commit £28,979 to purchase much-needed new equipment for neonatal units.
Our funds
Total funds held at the reporting date were £71,055 (2020: £44,351)
Our activities
Many of our activities are based around challenges in the great outdoors, from cycling, to hiking and kayaking, to marathon running. Our fundraisers face all types of weather to compete in challenges that stretch them as individuals and offer opportunities to try something new. The teams that go out often depart as strangers and return as lifelong friends.
As well as sporting endeavours, we ran a weekly series of virtual quizzes during Lockdown – great fun and they certainly took people’s minds of being stuck at home. In April, we launched ‘Little Paws for Tiny Lives’ which challenged dog owners to walk 50 miles with their beloved pets. Everyone that participated made a donation to the charity. It was a great success with participating dogs getting stamps on their mileage check sheet and a gorgeous bandana to wear whilst out walking. Our socials were full of great photos from participants too.
In May, the charity hit the headlines with a namecheck in The Sun. The paper had joined forces with baby charity, Bliss, and asked their readers to knit baby blankets and send them in. The appeal was so successful that the paper was overwhelmed and New Life were chosen as one of four other charities who would benefit. We took delivery of hundreds of beautiful blankets and were able to donate them to local hospitals as well as playing our part in helping Afghan refugees arriving in the UK.
There was a 65-mile cycle around Avebury in July, raising over £2500, a fun poker evening and the first of our golf days, at Calcot Park, which raised a great amount, £21,000 – a fantastic achievement. July also saw the Three Peaks Challenge raise an amazing £6,000.
In August we tried something a bit different and organised our own festival, ‘Frilfest’. It was a great night with lots of local bands, good food and great company.
The magic million became a reality in September at which time we also held our annual golf day at Donnington Valley. The year was topped off with a Black Tie Ball at Newbury Racecourse to mark World Prematurity Day.
Covid-19 & Government Grants
New Life’s activities were severely affected by the pandemic from March 2020 onwards and into this reporting year. It was decided that government grants were able to be claimed under the Coronavirus Job Retention Scheme and in the year the charity claimed £13,728. This is shown within Other Income in the Statement of Financial Activities.
Risks and uncertainties
Regular monitoring and reporting of potential risks through our risk register allows them to be properly managed and mitigated. The risk register is formally reviewed and assessed twice a year.
A summary of principal risks currently identified and actions taken to manage these risks is below.
| Risk | Action |
| Over-reliance on third party platforms (closure of BT My Donate) |
New Life constantly monitors the suitability and viability of third party platforms, moving swiftly to change provider if needed |
| Financial fraud | We have robust policies and procedures in place to protect against internal or external fraud, including the authorisation of grants and bank payments and transfers |
Our structure, governance and management
Governing document
The objects of the charity, as set out in the Trust Deed, are the advancement of health in babies in special care baby units in the UK by the provision of equipment for hospitals or grants to invest in equipment and facilities that would not otherwise be provided.
Trustees appointment and training
New Trustees are appointed depending on experience and key skills needed. New Trustees are interviewed by the Chair along with others from the Board as needed and are formally approved at the New Life Board meeting.
On appointment, new Trustees are provided with a copy of the Trust Deed and are given guidance from the Charity Commission -- CC3 The Essential Trustee.
Volunteers
We have an increasing number of volunteers supporting us in a variety of ways including:
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Organising, hosting and helping out at events
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Attending fundraising events to support participants and collect funds
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Volunteering to support administrative needs of the charity
Our Trustees and Secretary all carry out their roles on a voluntary basis.
Remuneration
New Life had operated for 24 years on the passion, goodwill and selflessness of our volunteers. In July 2019 Trevor Goodall resigned as a Trustee to take on the position of Chief Executive - the one and only paid role at the charity.
We are a small charity, dedicated to ensuring that the vast majority of what is raised is given to the hospitals and neonatal units for vital equipment. Remuneration levels are set in accordance with the responsibilities of the role, with annual salary reviews taking into account individual performance over the past year. Salaries are benchmarked using data from the charitable sector. Salaries are approved by the Trustees. We do not have a bonus scheme in place and Trustees are not remunerated.
Our approach to fundraising
The majority of our fundraising comes from sponsorship and donation at the events we create and deliver. We do not work with third parties to encourage donations and we do not sell or swap data with other organisations.
Insofar as each of the Trustees are aware:
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there is no relevant audit information of which the charity’s auditor is unaware; and
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they have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information
The Report of the Trustees prepared under the Charities Act 2011 was approved by the Board of Trustees on 31[st] August 2022 and signed on behalf of the Trustees by
Independent Examiners Statement to the Trustees of New Life
We report on the accounts of the charity for the period ended 1st November 2021 as set out on pages 10 to 13.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The Charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is our responsibility to:
examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to our attention.
BASIS OF INDEPENDANT EXAMINER’S STATEMENT
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes the review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
INDEPENDANT EXAMINERS STATEMENT
In connection with my examination, no matter has come to our attention:
- 1) which gives us reasonable cause to believe that in any material respect the requirements
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act.
have not been met; or
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
G Rowell LJ Smith Accountants Ltd Orwell House 50 High Street Hungerford Berks RG17 0NE
Dated: 31[st] August 2021
New Life
Statement of Financial Activities
For the period ended 1st November 2021
| Notes Incoming resources Incoming resources from generated funds Fundraising & Donations Total incoming resources Resources expended Direct charitable expenditure Grants & equipment provided 3 Fund raising costs 4 Total Resources expended Net increase/(decrease) in funds from charitable activities Other Income Net increase/(decrease) in funds for the year Reconciliation of Funds Balance of funds brought forward Balance of funds carried forward |
2021 £ £ 114,184 114,184 28,979 72,228 101,207 12,977 13,728 26,704 44,351 71,055 |
2020 | 2020 |
|---|---|---|---|
| £ 28,979 72,228 |
£ 31,207 50,061 |
£ 74,179 |
|
| 74,719 81,269 |
|||
| (7,090) 9,266 |
|||
| 2,177 42,174 |
|||
| 44,351 |
New Life
Statement of Assets & Liabilities
As at 1st November 2021
| Notes Current assets Cash at bank Current liabilities Payroll & Social Security Creditor Net current assets Funds Unrestricted funds |
2021 £ £ 72,989 72,989 1,934 71,055 71,055 71,055 71,055 |
2020 | 2020 |
|---|---|---|---|
| £ 72,989 |
£ 46,316 |
£ |
|
| 72,989 1,934 |
46,316 1,965 |
||
| 44,351 | |||
| 44,351 | |||
| 44,351 | |||
| 44,351 |
New Life
Notes to the accounts
For the period ended 1st November 2021
1 ACCOUNTING POLICIES
The following are the main accounting policies adopted by the charity.
a) Accounting convention & Basis of preparation of the accounts
The financial statements have been prepared as a going concern under the historical cost convention and in accordance with the Charities SORP and all other applicable accounting standards. The accounts have been drawn up in accordance with the provisions of the Charities Act.
b) Donations
The charity received much of its income from voluntary contributions. These are accounted for on a received basis.
c) Allocation of costs
Fund raising costs
These are recognised on a payments basis
2 TAXATION
The trust is a registered charity and accordingly is exempt from taxation on its income where they are applied for charitable purposes.
3 ANALYSIS OF RESOURCES USED
| ANALYSIS OF RESOURCES USED | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Grants & equipment distributed | 28,979 | 31,207 |
4 FUNDRAISING COSTS
| Event & Fundraising costs Salaries Pension (Auto-enrolment) |
2021 £ 48,311 23,400 517 72,228 |
2020 £ 26,145 23,400 516 |
|---|---|---|
| 50,061 |