Registered Charity Number: 1155084
NEW LIFE
Annual Report and Financial Statements for the year ended
1[st] November 2022
New Life
Contents
| Legal & Administrative information | 3 |
|---|---|
| Introduction from Chairman & Chief Executive | 4 |
| Report of the Trustees | 5-7 |
| Independent Examination | 8 |
| Statement of Financial Activities | 9 |
| Statement of Assets & Liabilities | 10 |
| Notes to the accounts | 11-12 |
New Life
Legal & Administrative information
| Registered Charity number | 1155084 |
|---|---|
| Founder & Chief Executive Officer | Trevor Goodall |
| Chairman & Trustee | Paul Homersham |
| Trustees | Desmond Kelly |
| Natalie Bealing | |
| Steve Dopson | |
| Charity Address: | Bluebell Wood Barns |
| Hawkridge Hill | |
| Frilsham | |
| Thatcham | |
| Berkshire | |
| RG18 9XA | |
| Website: | www.newlifebabies.org.uk |
New Life
Introduction from our Chief Executive
2022 has seen a continuation of our great work with all our volunteers and fundraisers who contribute. Following our £1 million milestone in 2021 of total donations since the charity began, 2022 has seen an increase in the annual donations received and grants & equipment we have subsequently been able to provide.
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 2022 totalled £181,817 (2021: £114,184). This has, in turn, facilitated the awarding of £85,230 (2021: £28,979) 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 2022
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 2021/22
Between December 2021 and November 2022, thanks to our generous supporters, New Life’s income from voluntary donations reached £181,817. This enabled us to commit £85,230 to purchase much-needed new equipment for neonatal units.
Our funds
Total funds held at the reporting date were £80,047 (2021: £72,989)
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. A number of teams took on the Three Peaks Challenge, we had the SAS challenge and the Loch Lomond Kayaking alone raised £5,000.
Our SPORTathon event hosted by David Lloyd continues to grow and this year raised £35,000. Our New Life Charity Ball was a great success raising over £20,000 and our golf days at Donnington Valley and Calcot Park continue to raise large sums for the charity.
The donations and fundraising that these events generate has allowed us to provide £85,230 in grants & equipment. These include providing funds towards:
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Criticool Machine for Royal Berks Hospital
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Transport Incubator for Basingstoke Hospital
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Transport Incubator for Royal berks Hospital
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Biliblankets for Winchester Hospital
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Specialist course for Great Western Hospital
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 information of which the charity’s independent examiner 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 accounts information and to establish that the independent examiner 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 2023 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 2022 as set out on pages 9 to 12.
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 RG17 0NE
Dated: 31[st] August 2023
New Life
Statement of Financial Activities
For the period ended 1st November 2022
| 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 in funds from charitable activities Other Income 5 Net increase in funds for the year Reconciliation of Funds Balance of funds brought forward Balance of funds carried forward |
2022 £ £ 181,817 181,817 85,230 94,383 179,613 2,204 39 2,243 71,055 73,299 |
2021 | 2021 |
|---|---|---|---|
| £ 85,230 94,383 |
£ 28,979 72,228 |
£ 114,184 |
|
| 114,184 101,207 |
|||
| 12,977 13,728 |
|||
| 26,704 44,351 71,055 |
New Life
Statement of Assets & Liabilities As at 1st November 2022
| Notes Current assets Cash at bank Current liabilities Payroll & Social Security Creditor Net current assets Funds Unrestricted funds |
2022 £ £ 80,047 80,047 6,748 73,299 73,299 73,299 73,299 |
2021 | 2021 |
|---|---|---|---|
| £ 80,047 |
£ 72,989 |
£ | |
| 80,047 6,748 |
72,989 1,934 |
||
| 71,055 | |||
| 71,055 | |||
| 71,055 | |||
| 71,055 |
New Life
Notes to the accounts
For the period ended 1st November 2022
- 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
| Grants & equipment distributed FUNDRAISING COSTS Event & Fundraising costs Salaries Pension (Auto-enrolment) |
2022 £ 85,230 2022 £ 68,521 24,900 962 94,383 |
2021 £ 28,979 |
|---|---|---|
| 2021 £ 48,311 23,400 517 |
||
| 72,228 |
- 4 FUNDRAISING COSTS
| 5 OTHER INCOME Interest received Government Grants |
2022 £ 39 - 39 |
2021 £ - 13,278 13,278 |
|---|---|---|