## New Creation Church London Report and Accounts Year ended 30 September 2022 1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk ## **NEW CREATION CHURCH LONDON** ## **LEGAL AND ADMINISTRATIVE DETAILS** # **FOR THE YEAR ENDED 30 SEPTEMBER 2022** ADDRESS FOR CORRESPONDENCE Flat 146 Lemare Lodge Fair Acres Bromley BR2 9BS GOVERNING DOCUMENT Constitution dated March 2014 CHARITY REGISTRATION NUMBER 1156316 TRUSTEES RESPONSIBLE FOR Alan Vance MANAGING THE CHARITY Ayodeji Bajomo (resigned October 2022) George Asampong Steven Holmes (appointed January 2023) BANKERS INDEPENDENT EXAMINER Barclays Bank UK PLC Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB ## **INDEX** Page 1 Legal and Administrative Details Page 2-3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Page 7 Notes to the Accounts Appendix [6 pages] Full Trustees' Report Page 1 ## **NEW CREATION CHURCH LONDON** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 30 SEPTEMBER 2022** The Trustees have pleasure in submitting the Report and Accounts for the year ended 30 September 2022. ## **Objects of the charity** The charity, which is a church, is governed by a constitution. The charity's principal objects, as set out in its governing document, are: The Trust seeks to demonstrate the Christian faith in action by preaching the gospel of Jesus Christ, praying for the sick, helping the poor, teaching the scriptures and offering counselling support. The Trust operates mainly in and around the Bromley area. ## **Review of the charity's main activities and achievements** _See Appendix for review of activities during the year._ ## **Post year end event** Plans were discussed in October 2022 and a decision was taken to stop meeting as a church and activities were moved to a new location. Changes to the charity were not a huge difference to what was currently in operation. The pastoral work and teaching to continue by serving in the community as before, along with Chaplaincy positions. The board changed in January 2023 as one member was appointed. Any other changes to the board in the future will be in line with the constitution: 3 board members at any given time. The name of the charity was changed in July 2023 to 'Restore Foundation'. ## **Financial review** During the year income decreased by £22,100, to £59,700, and expenditure decreased by £8,100, to £63,900. As a result the cash held by the charity decreased by £4,200, to £68,000, of which £52,600 is unrestricted and can be used for any charitable purpose. ## **Reserves policy** The trustees have determined that the charity should aim to hold unrestricted cash of no less than £20,000 (which equates to about 4 months of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £52,600 and the charity is complying with its reserves policy. The Kingdom builder restricted funds was the community arm - and was never limited to Bromley. The new shape of the charity will focus more extensively on work in the community using the funds for the purpose they were set out. General funds will continue to be used for the charity; salaries, accounts and general costs of running the charity, including a new website. ## **Governance** Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the charity. Responsibility for the day to day operation of the charity has been delegated to department heads. New trustees are recruited and appointed by recommendation and nomination in agreement by trustees. Page 2 ## **Responsibilities of trustees** Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. ## **Approval** This report was approved by the trustees and signed on their behalf by: George Asampong Date: 17 July 2023 Page 3 ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF** ## **NEW CREATION CHURCH LONDON** I report to the trustees on my examination of the accounts of New Creation Church London ('the charity') for the year ended 30 September 2022 on pages 5 to 7 following. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in accordance with section 130 of the 2011 Act; or 2. the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB Date: 20 July 2023 Page 4 ## **NEW CREATION CHURCH LONDON** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE YEAR ENDED 30 SEPTEMBER 2022** |Notes
**_Income receipts_**
Donations
Gift aid receipts
Interest
Other
**_Total receipts_**
**_Payments_**
2
**_Total payments_**
Transfers between funds
4
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
A
Net
of
receipts
/
(payments)
before
transfers
Payments
in
relation
to
charitable
activities undertaken directly||General
Designated
Funds
Funds
£
£
45,937
-
8,821
-
9
-
490
-
55,257
-
58,976
-
58,976
-
(3,719)
-
(106)
-
(3,825)
-
56,451
-
52,627
-
Unrestricted Funds|Restricted
Funds
£
3,405
1,019
-
-
4,424
4,927
4,927
(503)
106
(398)
15,741
15,343|Total
2022
£
49,342
9,840
9
490
59,681
63,903
63,903
(4,222)
-
(4,222)
72,192
67,970|Total
2021
£| |---|---|---|---|---|---| |||General
Funds
£
45,937
8,821
9
490
55,257
58,976
58,976
(3,719)
(106)
(3,825)
56,451
52,627|||| ||||||69,084
12,656
2
40| ||||||81,782| ||||||71,962| ||||||71,962| ||||||9,820
-| ||||||9,820
62,372| ||||||72,192| The notes on page 7 form part of these accounts. Page 5 ## **NEW CREATION CHURCH LONDON** ## **STATEMENT OF ASSETS AND LIABILITIES** ## **FOR THE YEAR ENDED 30 SEPTEMBER 2022** |**A Cash funds**
Cash at bank with immediate access
Notice deposits
**B**
**Other monetary assets**
Gift aid due to charity
Rental deposit
Hall hire paid in advance
**C**
**Liabilities**
**Falling due within one year:**
Pension due
Fee for Independent Examination
Credit card expenditure
**D**
**Assets retained for charity's own use**
Equipment
Motor vehicle - Volkswagen van|General
Designated
funds
funds
£
£
31,238
-
21,389
-
**52,627**
**-**
1,344
-
210
-
-
-
**1,554**
**-**
52
-
960
-
237
-
**1,249**
**-**
Unrestricted Funds|Restricted
funds
£
15,343
-
**15,343**
-
-
-
**-**
-
-
-
**-**|Total
2022
£
46,581
21,389
**67,970**
1,344
210
-
**1,554**
52
960
237
**1,249**
Value
2022
£
30,153
1
**30,154**|Total
2021
£| |---|---|---|---|---| |||||50,812
21,380| |||||**72,192**| |||||4,442
210
2,133| |||||**6,785**| |||||44
1,140
661| |||||**1,845**| |||||| The trustees have used insurance values as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values. ## **E Guarantees and secured debts** The charity has not given any guarantees and has not provided its assets as security for any liabilities. The accounts were approved by the trustees and signed on their behalf by date George Asampong 17 July 2023 The notes on page 7 form part of these accounts. Page 6 ## **NEW CREATION CHURCH LONDON** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 30 SEPTEMBER 2022** ## **1 Accounting policies** The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs. General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. |**2**
**Payments in relation to charitable activities undertaken directly**
Employment
Rent and premises costs
Church running and ministries
Vehicle expenditure
Travel, training and events
Legal and professional fees
Phone and internet
Insurance (excluding vehicle insurance)
Equipment
Office, administration and support
Other costs||Unrestrict|Designated
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
ed Funds|Restricted
Funds
£
-
-
2,476
-
1,050
-
-
-
-
1,329
72
4,927|Total
2022
£
40,852
2,016
4,288
3,280
4,887
4,064
1,893
523
-
1,457
644
63,903|Total
2021
£| |---|---|---|---|---|---|---| |||General
funds
£
40,852
2,016
1,812
3,280
3,837
4,064
1,893
523
-
128
572
58,976||||| |||||||47,280
3,863
8,869
2,608
1,153
3,602
1,671
488
994
928
506| |||||||71,962| ## **3 Transactions with related parties** Alan Vance served as a church leader and was paid £25,000 [2021: £25,000] respectively for serving in that capacity, not for serving as a trustee. Lydia Vance, spouse of trustee Alan Vance, received a salary of £10,425 [2021: £10,000] in her role as Administrator. The above payments are permitted by the charity's governing document. |**4**
**Movement of funds**
General funds
Designated funds
Restricted funds
Metro Children
Kingdom Builders
Total funds|Opening
balance
£
56,451
56,451
1,352
14,389
15,741
72,192|Receipts
£
55,257
55,257
-
4,424
4,424
59,681|Payments
£
(58,976)
(58,976)
(1,457)
(3,470)
(4,927)
(63,903)|Transfers
£
(106)
(106)
106
-
106
-|Closing
balance
£| |---|---|---|---|---|---| ||||||52,627| ||||||52,627| ||||||-
15,343| ||||||15,343| ||||||| ||||||67,970| The Metro Children fund relates to donations given for the children's ministry of the church. The Kingdom Builders fund relates to donations given for the purpose of funding specific community events to alleviate child poverty. Page 7 ## **NEW CREATION CHURCH LONDON** ## **TRUSTEES REPORT** **1[st] October 2021 – September 30[th] 2022** 1 ## **NEW CREATION CHURCH LONDON** ## **1. ADMINISTRATIVE INFORMATION** **TRUSTEES** Alan Vance - Chairman Ayodeji Bajomo George Asampong **CHARITY NUMBER** 1156316 **ADMINISTRATIVE CORRESPONDENCE ADDRESS** 146 Lemare Lodge Fair Acres Bromley, BR2 9BS **BANKERS** Barclays Bank UK PLC 2 ## **NEW CREATION CHURCH LONDON** ## **2. REPORT** The trustees present their report for the year ended 30 September 2022. ## **2.1. Structure, governance and management** The Trustees who served during the year were: Alan Vance (Chairman) Deji Bajomo George Asampong The Trustees are assisted in the day-to-day activities of the church by heads of various departments who have responsibility for running their own areas. The church is a member of the Evangelical Alliance since February 2016, member No. 238503 ## **2.2. Objectives and activities:** 1. The church continued to perform its functions and main objectives from 1[st] October 2021 – 30[th] September 2022, advancing the Christian faith and engaging with the local community through its outreach activities, and supporting those who are in need. 2. Promoting good health including the provision of counselling and support as the Trustees and senior leadership team from time to time may think appropriate. The Trustees have paid due regard to guidance issued by the Charity Commission on public benefit to decide what activities the charity should undertake and in particular, the specific guidance on charities for the advancement of religion. The charity undertakes a number of activities in order to achieve these objectives which are summarised below. 3 ## **NEW CREATION CHURCH LONDON** ## **REPORT (continued)** ## **2.3. NCCL – Sunday Services** Sunday services continued online through zoom live meetings. The meetings are recorded and available on Podcast during the week. The average attendance at the live meetings is 20 members, including the youth. In addition to the main Sunday service, midweek online prayer meetings are held occasionally on Wednesdays. Family Celebration Service was held at Bromley Court Hotel on 3[rd] October 2021 with an average attendance of 30 members. Refreshments were provided at the end of the service and there was also a separate program included for the children. ## **2.4. Metro Kids** Our Children’s Ministry is for children up to the age of 11. This was continued online for our regular Sunday services for the kids and was conducted on Zoom with the children’s worker team on rota. We continued to deliver learning activities aimed at developing their creative skills as well as their emotional and spiritual well-being. Online safeguarding measures are in place, and we ensure that parents are in attendance during the meetings. An average of 8 children attend the meetings regularly. ## **2.5. Kingdom Builders** Kingdom Builders was launched in October 2019 as an initiative to raise additional monies for the church to fund specific community projects to alleviate child poverty. Donations have continued to fund school projects across the local community during the last year. - November December 2021 ## Metro Foundation 16th November - shoes and toys were delivered free to St John’s primary school in Penge. At total of 4,080 Selection Boxes were wrapped and given free of charge to 13 local primary schools – St Mary’s COE Swanley, St Johns COE Penge, St Anthony’s Catholic school Anerley, Hextable Primary Hextable, Horizon Primary, Swanley, Crokenhill Primary, Crokenhill, James Dixon Primary, Anerley, Trinity COE, 4 ## **NEW CREATION CHURCH LONDON** ## **REPORT (continued)** Bromley, Marjorie McClure School, Chislehurst, Marvels Lane Primary, Lewisham, Launcelot Primary, Bromley, Rangefield Primary, Bromley, Forester Park Primary, Catford. 50 selection boxes were also given out at NCCL’s Carol Service at Bromley Court Hotel held on 19[th] December with 35 in attendance. Seasonal refreshments were included after the service and the children performed a fun seasonal film for the service. ## March 2022 (Operation Easter Eggs) A total of 614 £1.00 Easter eggs was delivered to 3 schools, including those of our own Church family’s children. The schools were: - St Mary’s COE – Swanley, - St Anthony’s Catholic Primary – Anerley, and - St John’s COE – Penge. Each child received a free Easter egg. ## **2.6.** April 2022 ## House Church Introduced Due to a much lower church attendance after Covid, not having our own facility and the cost of hiring becoming increasingly expensive we introduced House Church. As well as meeting in homes we continued to host church on Zoom for a season. We began House Church on Sunday 3[rd] April which included online connection, a message, Communion and end of service fellowship with refreshments. A separate children’s program was also included. A total of 15 - 20 members attended or joined online. 5 ## **NEW CREATION CHURCH LONDON** ## **REPORT (continued)** House church - Trip to Brighton was arranged on July 3[rd] 2022. This was a whole day out including a meal at Harry Ramsden’s together. A coach was hired for the occasion. All house church members attended. House Church – Summer Family ‘Get-together’ lunch was arranged at a local restaurant on 28[th] August 2022 all house church members attended. July 2021 ## Donation of soft play. Soft play was donated to a local school - St Mary’s COE Primary School in Swanley. This was greatly received and put to full use in their new Nursery. ## **2.6. Remembrance Service** Our annual Remembrance Service for 2021 was held on 28[th] November at the Bromley Court Hotel in the Wellington Suite. The attendance was over 120 people with the lighting of candles in remembrance of loved ones and their names being read out. Refreshments were provided and each family represented received a gift of a lantern and Forget-me-not seeds. ## **2.7. 21 Days Prayer and Fasting** We began the year in January 2022 with our annual 21 days of Prayer and Fasting. This event is optional to all who wished to participate. Midweek prayer meetings were also held online during this period to pray for one another, our local community, and the Country. ## **2.8. Bubble Groups** Bubble Groups were encouraged to continue where possible for church member families to meet once a month in their homes during the online Sunday services. The aim was to encourage face to face fellowship and prepare a gradual return to normal. This ended when House church was introduced in April 21. On Behalf of the Trustees New Creation Church London **Lydia Vance** ## **Church Administrator.** 6