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← New Unity

2024-03-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

NEW UNITY

(Charitable Incorporated Organisation)

CHARITY REGISTRATION No: 1161363

Independent Examiners Ltd Unit 2,The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

1

NEW UNITY

(Charitable Incorporated Organisation)

CONTENTS
Page 3 Legal and Administrative Information
Pages 4 - 5 Trustees' Report
Pages 6 Independent Examiner's Report to the Trustees
Page 7 Statement of Financial Activities
Page 8 Balance Sheet
Pages 9 - 15 Notes to the Financial Statements

2

NEW UNITY

(Charitable Incorporated Organisation)

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER 1161363 DATE OF REGISTRATION 21st April 2015 START OF FINANCIAL YEAR 1st April 2023

END OF FINANCIAL YEAR 31st March 2024 TRUSTEES AS AT 31ST MARCH 2024 Dr Susan Morrison Chair Dr Berenice Guyot-Rechard Grace Ann-Marie Graham Dr Tara Weeramanthri - appointed 13.11.23 David Brewerton - Resigned 22.10.23 Vicky Ryder - appointed 2.5.23 Lisa Roskam - appointed 13.11.23 Malita Munyenyembe - Resigned 22.10.23 Roberta Wedge - Resigned 22.10.23 LEGAL STATUS Charitable Incorporated Organisation GOVERNING INSTRUMENT CIO - Association Registered 21st April 2015 OBJECTS The advancement of Religion in accordance with the usage and practices of the Unitarian Movement. CORRESPONDENCE ADDRESS New Unity 277a Upper Street London N1 2TZ PRIMARY BANKERS CAF Bank Ltd West Mailing Kent ME19 4TA

INDEPENDENT EXAMINER Independent Examiners Ltd Unit 2,The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

3

NEW UNITY

(Charitable Incorporated Organisation)

TRUSTEES REPORT

FOR THE YEAR ENDED 31ST MARCH 2024

The Trustees present their annual report and the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 2015 "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2020.

Objectives and activities

New Unity was registered as a Charitable Incorporated Organisation (CIO) in April 2015.

The Objects for which the Charity is established:

The advancement of Religion in accordance with the usage and practices of the Unitarian Movement. Our intention is to inspire a vision of cooperative and compassionate community growth and development, aligned to innovation with clear Unitarian objectives. We aim to use an emotionally and culturally intelligent approach seeking multiple perspectives that foster wide engagement with our membership and local community.

Main achievements in period to 31st March 2024

This year was an unexpectedly challenging one for New Unity CIO.

Having welcomed a new minister in September 2022 it became clear that what was originally thought to be a good fit with NU was not working out as anticipated. Through an honest but painful process it was decided, by mutual agreement, not to extend the Rev’s appointment beyond the two year probationary period. This uncertainty has brought a good deal of extra work and stress for all involved, especially our General Manager, Nick Toner, and our trustees, Grace Graham, Bérénice Guyot-Rechard, Vick Ryder, Lisa Roskam and Tara Weeramanthri, all of whom have taken on a workload far beyond their anticipated voluntary commitment. I would very much like to thank them all for their invaluable contributions.

But I am very pleased that both the Executive, alongside the Rev and his partner (who also brought a good deal of his time and energy to NU,) continued to work alongside each other in the service of the congregation with compassion ,dignity and humour, maintaining good relationships throughout. The main task for me as chair was to keep an overview of the bigger picture and the future of a viable NU, making difficult decisions that would ensure this and communicating these to the membership.

We find ourselves having to negotiate another big ministerial transition and I would like to say a special thank you to Lisa Roskam who has stepped up to head the New Minister search party group of volunteers. We hope to make a new appointment in August and have a new minister in place by November at the latest. One of the few advantages of yet another interregnum is the opportunity for us to have visiting message givers for our Sunday gatherings, some from our own membership and other visiting Unitarians, which we have much enjoyed. The interim organisation of Sunday gatherings is being ably led by Coco Tas.We have continued to strengthen our links with the General Assembly of Unitarians and Free Christian churches in UK and I have been co-opted onto their Executive, as suggested by our congregation.

We have continued consulting with the congregation on all aspects of how New Unity runs, including the proposed development of an Arts initiative to follow on from the Heritage Lottery Fund project which finished in December 2023. Trustees Bérénice Guyot-Rechard and Vick Ryder have joined with Nick Toner in taking a particular interest in this development, consulting those with relevant experience and expertise outside the organisation, and an Arts on the Green project is emerging. There are plans for a variety of arts events to take place in the autumn that will nourish the congregation, publicise the wonderful Newington Green Meeting House as a new Arts venue and hopefully also raise some funds to enable the project to go forward.

David Brewerton resigned as a trustee but has continued to lead the Social Action group alongside Helen Curtis and Mary Wright and to maintain links with Citizens UK. This focus remains imperative in living our Unitarian values , promoting actions that stem from our beliefs. Grace Graham has been running a weekly collection from the meeting house to contribute to the Hackney Food Bank.

Mary Wright has also been active in raising the profile of Unitarians for Climate Justice in our community and we have begun to focus more on Sustainability awareness in all we do at NU.

The trusteeship is very much a team effort and the numerous extra Executive meetings have encouraged development within our changing group. We will say goodbye to Bérénice at the AGM as her work overseas makes it very difficult to continue in the role. She has been a vital part of the team and her input into the post National Heritage Lottery Fund project and the constructive critical awareness she has brought to many debates will be sorely missed. We thank her very much.

4

NEW UNITY

(Charitable Incorporated Organisation)

TRUSTEES REPORT Continued

FOR THE YEAR ENDED 31ST MARCH 2024

Grace Graham has worked tirelessly as treasurer constantly liaising with Nick to help the organisation financially flourish. Grace and Nick have paved the way for an upgraded Pay Policy to be implemented 2024-5. As well as her role in the development of Arts on the Green Vick Ryder has put a lot of time and work into ongoing reviews of the maintenance and future of our buildings and is a wonderfully supportive and steady vice chair .Tara Weeramanthri has initiated a very successful online poetry group and sources readings to partner Sunday’s messages. She has also made a major contribution to the upgrading of our Safeguarding policy.

We strive to be an inclusive community and we have had good feedback from the membership valuing our efforts to be more visible and available as trustees.

We have revisited NU’s priorities as part of our preparation to recruit and appoint a new minister and revised our governance and safeguarding policies.

We have continued to provide hybrid gatherings introduced during Covid and these continue to be popular. I would particularly like to thank Steve Champion for all his work in maintaining an active and high quality link with our on line members.

Finally, I would like to acknowledge and thank David Bidwell, our meeting house warden who keeps a meticulous oversight, preparing the building for our gatherings and other events and without whom many of our activities would not happen.

Finance overview - 2023-24

This was New Unity’s ninth year as a standalone charity.

The charity has continued to receive generous support from members, including through pledges. Rentals have continued to be a major source of income for New Unity, including both at Upper Street but also at the Newington Green Meeting House. Another ministerial transition is on the horizon, and the trustees are keeping a careful eye on the financial side of this. One big financial change in this period was the end of our National Lottery Heritage Fund grant. This grant dates back several years, and was the main source of funding for the renovation of the Meeting House. In recent years, this grant mostly funded programmes and activities in the building. By March 2023 the trustees were actively exploring a funding framework for future programmes in a similar vein, including those focused on arts and culture. New Unity’s finance function exists to ensure that our assets are well-managed and that the charity is adequately funded and properly managed. As ever, the ultimate goal of this work is simple: to ensure our buildings and the communities using them for so many diverse purposes continue to thrive.

Reserves policy:

The trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.

Risk :

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

Trustees' Responsibilities

The Charities Act 2011 require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the CIO and of the surplus of the CIO for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the CIO. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

3rd December 2024

Approved by the Trustees on : Signed on their behalf by: Name : Sue Morrison, Chair, NU CIO

==> picture [211 x 37] intentionally omitted <==

5

NEW UNITY

(Charitable Incorporated Organisation)

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

I report to the Trustees on my examination of the accounts of the above Charitable Incorporated Organisation ("the CIO") for the year ended 31 March 2024.

As the CIO's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

Responsibilities and basis of report

I report in respect of my examination of New Unity'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 Act.

Independent examiner’s statement

Since New Unity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am a fellow member of the Association of Charity Independent Examiners, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed :

Date :

3.12.24

K Gomes MAAT,FCIE Independent Examiners Ltd Unit 2,The Broadfields Business Centre Delling Lane ,Bosham

6

NEW UNITY

(Charitable Incorporated Organisation)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024

Notes
INCOMING RESOURCES
Incoming Resources from Generated Funds
Donations & Legacies
3a
Activities for Generating Funds
3b
Investment Income
3c
Charitable Activities
3d
Other Incoming Resources
3e
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Costs of Generating Funds
Activities for Generating Funds
4a
Charitable Activities
4b
Governance Costs
4c
TOTAL RESOURCES EXPENDED
NET INCOMING (OUTGOING) RESOURCES
Total Funds Brought Forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2023/24
2022/23
£
£
£
£
53,806
102,056
155,862
153,137
104,399
-
104,399
93,965
1,976
-
1,976
814
2,406
10,132
12,538
10,740
256
-
256
30,247
162,843
112,188
275,031
288,903
1,461
860
2,321
732
263,934
120,352
384,286
366,693
4,802
-
4,802
2,168
270,197
121,212
391,409
369,593
(107,354)
(9,025)
(116,378)
(80,690)
3,094,129
17,644
3,111,773
3,192,463
2,986,775
8,619
2,995,395
3,111,773

Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.

The notes on pages 9 to 15 form part of these financial statements.

7

NEW UNITY

(Charitable Incorporated Organisation)

Registration Number 1161363

BALANCE SHEET AS AT 31ST MARCH 2024

Note
Fixed Assets
Tangible Assets
2
Total Fixed Assets
Current Assets
Debtors & Prepayments
7
Cash at Bank and in Hand
6
Total Current Assets
8
NET CURRENT ASSETS
TOTAL ASSETSless current liabilities
9
NET ASSETS
Funds of the Charity
General Funds
Restricted Funds
5
Total Funds
Creditors:amounts falling due
in more than one year
Creditors: amounts falling due within one
year		 Unrestricted
Restricted
31-Mar-24
31-Mar-23
Funds
Funds
Total
Total
£
£
£
£
2,851,354
-
2,851,354
2,917,684
2,851,354
-
2,851,354
2,917,684
57,028
-
57,028
53,728
98,645
8,619
107,264
170,242
155,673
8,619
164,292
223,970
20,251
-
20,251
29,881
135,422
8,619
144,041
194,089
2,986,776
8,619
2,995,395
3,111,773
-
-
-
-
2,986,776
8,619
2,995,395
3,111,773
2,986,775
-
2,986,775
3,159,900
-
8,619
8,619
32,563
2,986,775
8,619
2,995,395
3,111,773

The financial statements were approved , authorised and signed on their behalf by:

Approved on : 3rd December 2024

Signed on their behalf by Trustee :

Printed Name: Sue Morrison, Chair, NU CIO

==> picture [210 x 37] intentionally omitted <==

8

NEW UNITY

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

1. ACCOUNTING POLICIES

Basis of Preparation & Assessment of Going Concern

Basis of Preparation

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.

The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.

Incoming Resources

Recognition of Incoming Resources

These are included in the Statement of Financial Activities (SOFA) when:

▪ the charity becomes entitled to the resources;

▪ the trustees are virtually certain they will receive the resources; and

▪ the monetary value can be measured with sufficient reliability

Incoming Resources with Related Expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.

Grants and Donations

Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Tax Reclaims on Donations and Gifts

Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.

Contractual Income and Performance Related Grants

This is only included in the SOFA once the related goods or services has been delivered.

Gifts in Kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.

Donated Services and Facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer Help

The value of any voluntary help received is not included in the accounts.

Investment Income

This is included in the accounts when receivable.

Investment Gains and Losses

This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

9

NEW UNITY

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024

1. ACCOUNTING POLICIES (continued)

Expenditure and Liabilities

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advise to trustees on governance or constitutional matters.

Grants with Performance Conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.

Grants Payable without Performance Conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.

Support Costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of the resources, e.g. allocating property costs by floor areas, or per capital employed, staff costs by the time spent and other costs by their usage.

Investments

Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.

Pensions

Pension contributions are charged to the Statement of Financial Activities as they become payable.

Unrestricted Funds

These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.

Restricted Funds

These funds are where the donor has specified a purpose for the donation made. These restrictions arise as a result of things like grant funding for specific purposes, donation appeals for specific capital works projects.

Designated Funds

These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects.

Fixed Assets

Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.

Land & Buildings

Land and Buildings are initially valued and included within the accounts subsequently measured at cost or valuation, net of depreciation.

Depreciation Expense

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold Land and Buildings Fixtures & Fittings

2% Straight Line Over 4 years

10

NEW UNITY

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024

2. TANGIBLE FIXED ASSETS

Cost
01-Apr-23
Additions
Revaluations
Cost Value at
31-Mar-24
Depreciation
01-Apr-23
Charge
Depreciation at
31-Mar-24
Net Book Value
31-Mar-24
Net Book Value
31-Mar-23		 Newington
Land &
Unity
Newington Green
Fixtures
Green
School
Unitarian
2nd Floor Flat
Fittings &
2023/24
Church
Hall
Church
1 Church Walk
Equipment
Total
£
£
£
£
£
£
1,543,692
707,757
673,228
151,662
25,925
3,102,264
-
-
-
-
2,238
2,238
-
-
-
-
-
-
Land & Buildings
1,543,692
707,757
673,228
151,662
28,163
3,104,502
92,622
42,465
40,394
9,099
-
184,580
30,874
14,155
13,465
3,033
7,041
68,568
123,496
56,620
53,859
12,132
7,041
253,148
1,420,196
651,137
619,369
139,530
21,122
2,851,354
1,451,070
665,292
632,834
142,563
25,925
2,917,684

The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2024 : None

31st March 2023 : None

11

NEW UNITY

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024

3. INCOMING RESOURCES

Note
a) Donations & Legacies
Gifts, Tithes & Offerings
Gift Aid Tax Recovered
Grants
b) Activities for Generating Funds
Rental Income
c) Investment Income
Interest Received
d) Charitable Activities
Activities & Events
e) Other Incoming Resources
Sundry Income		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2023/24
2022/23
£
£
£
£
44,257
-
44,257
46,348
9,549
-
9,549
8,769
-
102,056
102,056
98,019
53,806
102,056
155,862
153,137
104,399
-
104,399
93,965
104,399
-
104,399
93,965
1,976
-
1,976
814
1,976
-
1,976
-
2,406
10,132
12,538
10,740
2,406
10,132
12,538
10,740
256
-
256
30,247
256
-
256
30,247

12

NEW UNITY

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31ST MARCH 2024

4. RESOURCES EXPENDED

Note
a) Activities for Generating Funds
Fundraising Costs
b) Charitable Activities
Activities & Projects Costs
Advertising & Publicity
Bank Charges
Bad Debts (Pledges)
Contractors Costs
Donations, gifts
Depreciation
Equipment Costs
I.T Costs
Insurance Costs
Licenses & Subscriptions
Minister's Accommodation Costs
Office Costs
Pension Costs
10
Pulpit & Worship Costs
Rental Costs
Repairs & Maintenance
Salaries & Wages
10
Sundry Costs
Telephone Costs
Training Costs
Travel & Subsistence
Utility Costs
Volunteer Costs
`
c) Governance Costs		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2023/24
2022/23
£
£
£
£
1,461
860
2,321
732
1,461
860
2,321
732
902
-
902
140
5,431
4,301
9,732
3,232
196
25
221
161
2,006
-
2,006
-
42,452
54,922
97,374
96,646
-
2,571
2,571
-
68,568
-
68,568
61,527
1,764
-
2,781
1,017
5,368
453
678
1,131
2,086
6,314
-
6,314
5,623
567
53
620
3,601
2,218
-
2,218
1,738
447
1,526
1,973
731
2,156
-
2,156
2,666
614
220
834
2,147
99
-
99
57
18,983
27,711
46,694
46,299
82,959
23,537
106,496
99,156
1,022
62
1,084
4,816
1,048
987
2,035
1,920
327
-
327
482
1,169
63
1,232
6,488
27,723
-
27,723
21,246
44
915
959
564
263,934
120,352
384,286
366,693
Independent Examiner's Fee 2,100
-
2,100
1,740
Legal & Professional Fees 2,702
-
2,702
428
4,802
-
4,802
2,168

13

NEW UNITY

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024

5. RESTRICTED FUNDS

Heritage Lottery Project (HLP)
Heritage Lottery Project (HLP)		 Balance
Balance
01-Apr-23
Income
Expenditure
Transfers
31-Mar-24
£
£
£
£
£
17,644
112,187
121,212
-
8,619
17,644
112,187
121,212
-
8,619
Balance
Balance
01-Apr-22
Income
Expenditure
Transfers
31-Mar-23
£
£
£
£
£
32,564
84,877
99,797
-
17,644
32,564
84,877
99,797
-
17,644

6. CASH AT BANK AND IN HAND

6. CASH AT BANK AND IN HAND
Cash at Bank & in Hand
7. DEBTORS AND PREPAYMENTS
Sundry Debtors
Prepayments
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
Rental Deposits
Sundry Creditors
Independent Examiner's Fee		 Unrestricted
Restricted
Total
Total
Fund
Fund
31-Mar-24
31-Mar-23
£
£
£
£
98,645
8,619
107,264
170,242
98,645
8,619
107,264
170,242
Unrestricted
Restricted
Total
Total
Fund
Fund
31-Mar-24
31-Mar-23
£
£
£
£
52,643
-
52,643
47,414
4,385
-
4,385
6,314
57,028
-
57,028
53,728
YEAR
Unrestricted
Restricted
Total
Total
Fund
Fund
31-Mar-24
31-Mar-23
£
£
£
£
14,089
-
14,089
16,196
4,062
-
4,062
12,005
2,100
-
2,100
1,680
20,251
-
20,251
29,881

9. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

The CIO held no long term liabilities during this or the previous financial period.

14

NEW UNITY

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024

10. STAFF COSTS AND NUMBERS

10. STAFF COSTS AND NUMBERS
2023/24
£
Gross Wages & Salaries
102,666
Employer's National Insurance Costs
3,830
Pension Contributions
2,156
108,652
Employees who were engaged in each of the following activities:
2023/24
TOTAL
Activities in furtherance of organisation's objects
3
3		 2022/23
£
94,368
4,788
2,666
101,822
2022/23
TOTAL
5
5

No employees received emoluments in excess £60,000 (2022/23: None)

11. TRUSTEES AND OTHER RELATED PARTIES

The Trustees and related parties who received funds this year for the following reasons were : Sue Morrison - was reimbursed for two expenses, a claim for a gift paid to a former trustee who had just given birth and a claim for a small gift for current trustee Vick Ryder as a thank you for organising an event.

Vick Ryder - was the beneficiary of the gift .

Stacy Makishi - Received a small gift for services given in a Sunday service. No other payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them.

12. PUBLIC BENEFIT

The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake

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