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2023-11-01-accounts

Independent Examiners Statement to the Trustees of New Life

We report on the accounts of the charity for the period ended 1st November 2023 as set out on pages 10 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 INDEPENDENT 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.

INDEPENDENT EXAMINER'S STATEMENT

In connection with my examination, no matter has come to our attention:

have not been met; or

G Rowell LJ Smith Accountants Ltd Orwell House 50 High Street Hungerford Berks RG17 0NE

Dated: 30th August 2024

9

New Life

Statement of Financial Activities For the period ended 1st November 2023

Notes
Incoming resources
Fundraising & Donations
Total incoming resources
Resources expended
Direct charitable expenditure
Grants & equipment provided
3
Fund raising costs
4
Total Resources expended
Other Income
5
Reconciliation of Funds
Balance of funds brought forward
Balance of funds carried forward
Incoming resources from generated
funds
Net increase/(decrease) in funds from
charitanble activities
Net increase/(decrease) in funds for the
year
2023
£
£
220,712
220,712
61,733
141,191
202,924
17,788
553
18,341
73,299
91,640
2022 2022
£
£
181,817
181,817
85,230
94,383
179,613
2,204
39
2,243
71,055
73,299
£
181,817
2,204
39
2,243
71,055
73,299

10

New Life

Statement of Assets & Liabilities As at 1st November 2023

Notes
Current assets
Cash at bank
Current liabilities
Payroll & Social Security Creditor
Net current assets
Funds
Unrestricted funds
2023 2023 2022 2022
£
95,077
£


£
80,047
£


95,077
3,437
80,047
6,748
91,640 73,299
91,640 73,299
91,640 73,299
91,640 73,299

11

New Life

Notes to the accounts For the period ended 1st November 2023

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
4FUNDRAISING COSTS
Event & Fundraising costs
Salaries
Pension (Auto-enrolment)
5OTHER INCOME
Interest received
2023
£
61,733
2023
£
114,680
25,400
1,111
141,191
2023
£
553
553
2022
£
85,230
2022
£
68,521
24,900
962
94,383
2022
£
39
39

12

Independent Examiners Statement to the Trustees of New Life

We report on the accounts of the charity for the period ended 1st November 2023 as set out on pages 10 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 INDEPENDENT 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.

INDEPENDENT EXAMINER'S STATEMENT

In connection with my examination, no matter has come to our attention:

have not been met; or

G Rowell LJ Smith Accountants Ltd Orwell House 50 High Street Hungerford Berks RG17 0NE

Dated: 30th August 2024

9

New Life

Statement of Financial Activities For the period ended 1st November 2023

Notes
Incoming resources
Fundraising & Donations
Total incoming resources
Resources expended
Direct charitable expenditure
Grants & equipment provided
3
Fund raising costs
4
Total Resources expended
Other Income
5
Reconciliation of Funds
Balance of funds brought forward
Balance of funds carried forward
Incoming resources from generated
funds
Net increase/(decrease) in funds from
charitanble activities
Net increase/(decrease) in funds for the
year
2023
£
£
220,712
220,712
61,733
141,191
202,924
17,788
553
18,341
73,299
91,640
2022 2022
£
£
181,817
181,817
85,230
94,383
179,613
2,204
39
2,243
71,055
73,299
£
181,817
2,204
39
2,243
71,055
73,299

10

New Life

Statement of Assets & Liabilities As at 1st November 2023

Notes
Current assets
Cash at bank
Current liabilities
Payroll & Social Security Creditor
Net current assets
Funds
Unrestricted funds
2023 2023 2022 2022
£
95,077
£


£
80,047
£


95,077
3,437
80,047
6,748
91,640 73,299
91,640 73,299
91,640 73,299
91,640 73,299

11

New Life

Notes to the accounts For the period ended 1st November 2023

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
4FUNDRAISING COSTS
Event & Fundraising costs
Salaries
Pension (Auto-enrolment)
5OTHER INCOME
Interest received
2023
£
61,733
2023
£
114,680
25,400
1,111
141,191
2023
£
553
553
2022
£
85,230
2022
£
68,521
24,900
962
94,383
2022
£
39
39

12

Independent Examiners Statement to the Trustees of New Life

We report on the accounts of the charity for the period ended 1st November 2023 as set out on pages 10 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 INDEPENDENT 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.

INDEPENDENT EXAMINER'S STATEMENT

In connection with my examination, no matter has come to our attention:

have not been met; or

G Rowell LJ Smith Accountants Ltd Orwell House 50 High Street Hungerford Berks RG17 0NE

Dated: 30th August 2024

9

New Life

Statement of Financial Activities For the period ended 1st November 2023

Notes
Incoming resources
Fundraising & Donations
Total incoming resources
Resources expended
Direct charitable expenditure
Grants & equipment provided
3
Fund raising costs
4
Total Resources expended
Other Income
5
Reconciliation of Funds
Balance of funds brought forward
Balance of funds carried forward
Incoming resources from generated
funds
Net increase/(decrease) in funds from
charitanble activities
Net increase/(decrease) in funds for the
year
2023
£
£
220,712
220,712
61,733
141,191
202,924
17,788
553
18,341
73,299
91,640
2022 2022
£
£
181,817
181,817
85,230
94,383
179,613
2,204
39
2,243
71,055
73,299
£
181,817
2,204
39
2,243
71,055
73,299

10

New Life

Statement of Assets & Liabilities As at 1st November 2023

Notes
Current assets
Cash at bank
Current liabilities
Payroll & Social Security Creditor
Net current assets
Funds
Unrestricted funds
2023 2023 2022 2022
£
95,077
£


£
80,047
£


95,077
3,437
80,047
6,748
91,640 73,299
91,640 73,299
91,640 73,299
91,640 73,299

11

New Life

Notes to the accounts For the period ended 1st November 2023

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
4FUNDRAISING COSTS
Event & Fundraising costs
Salaries
Pension (Auto-enrolment)
5OTHER INCOME
Interest received
2023
£
61,733
2023
£
114,680
25,400
1,111
141,191
2023
£
553
553
2022
£
85,230
2022
£
68,521
24,900
962
94,383
2022
£
39
39

12