# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025**
## **NEW UNITY**
(Charitable Incorporated Organisation)
**CHARITY REGISTRATION No: 1161363**
Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester, West Sussex PO20 7EG
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 2024 **END OF FINANCIAL YEAR** 31st March 2025 **TRUSTEES AS AT 31ST MARCH 2025** Dr Susan Morrison Chair Dr Berenice Guyot-Rechard Resigned - 5 Jan 2025 Grace Ann-Marie Graham Resigned - 5 Jan 2025 Dr Tara Weermanthri Resigned - 5 Jan 2025 Vicky Ryder Lisa Roskam Themistoklis Tefas Appointed - 5 Jan 2025 Mary Wright Appointed - 5 Jan 2025 **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 The Grain Store Hills Barns Appledram Lane South Chichester, West Sussex PO20 7EG
3
## **NEW UNITY**
(Charitable Incorporated Organisation)
## **TRUSTEES REPORT**
## **FOR THE YEAR ENDED 31ST MARCH 2025**
The Trustees present their annual report and the financial statements of the charity for the year ended 31 March 2025. 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 2025**
This has been another extremely busy and productive year for the executive committee. We said goodbye and thank you to two very hard working trustees: Grace Graham who was initially vice-chair and who then took on the role of treasurer and Bérénice Guyot-Réchard, who was a pivotal member of the post National Lottery Heritage Funding (NLHF) project. We appointed new trustees, Mary Wright, who has also focused on Sustainability and Safeguarding and Themis Tefas who has concentrated on becoming executive secretary. The committee has continued to be very ably assisted by Nick Toner, general manager. We have had good feedback from the membership, valuing our efforts to be more visible and available as trustees.
Following a second interregnum, and another robust recruitment process, we were delighted to appoint Adam Slate, a former member of NU, as minister-elect in January 2025. He has hit the ground running and his full appointment will follow his inclusion on the roll of General Assembly of Unitarian and Free Christian Churches (GAUFCC), expected Autumn 2025. One of the few advantages of the interregnum was 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. We have continued to strengthen our links with the GAUFCC churches in the UK and are reaching out to other faith denominations.
We have revisited NU’s priorities as part of our ministerial recruitment processes and revised our governance and safeguarding policies. The trusteeship is very much a team effort and decision-focused executive meetings have encouraged development within our changing group.
We value a sense of community and belonging with a non-religious spiritual ethos, that allow us to continue a dissenting approach, challenging new thinking and embracing the unexpected. We are constantly exploring the meaning of radical inclusivity.
Main themes informing the focus of our work this year have been raising attendance and membership, especially within our young people’s group and restoring our financial stability. We have an active Social Action group. This focus remains imperative in living our Unitarian values, promoting actions that stem from our beliefs. We also run a weekly collection from the meeting house to contribute to the Hackney Food Bank. We are 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.
Lisa Roskam, our treasurer, has been working alongside Nick and Adam in the Finance committee, bringing critical appraisal to the management of our financial governance. We have refurbished the Upper Street manse to bring in income whilst we consider future options.
A particularly exciting and creative development this year is the emergence of the Arts on the Green initiative which follows on from the NLHF project. We commissioned a consultant to apply for Arts funding grants and help us put events in place. We are off to a flying start with well attended musical, comedic and dramatic events which have attracted audiences well outside our usual congregation and have been due in large part to the efforts of Vick Ryder. We hope this variety of arts events will nourish the congregation, publicise the wonderful Newington Green Meeting House and raise some funds to enable the project to go forward.
4
## **NEW UNITY**
(Charitable Incorporated Organisation)
## **TRUSTEES REPORT Continued**
## **FOR THE YEAR ENDED 31ST MARCH 2025**
Jeremy Corbyn gave the 2025 Richard Price lecture, outlining the history of dissent from the 17th century to present day, which was very well attended. Plans are underway to create an annual Mary Wollstonecraft event.
We have continued to provide our popular hybrid gatherings introduced during Covid. Members have put in much commitment in maintaining an active and high quality link with our online members.
New Unity is a community organisation within which so many individuals deserve mention. But I would like to acknowledge and thank David Bidwell, our chapel warden who keeps meticulous oversight, preparing the building for our gatherings and other events and without whom many of our activities would not happen.
## **Finance overview - 2024-25**
## This was New Unity’s tenth 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 and at the Newington Green Meeting House. In this period we successfully navigated another ministerial transition and ensured that we are investing in this crucial role. Our arts programme has continued to grow and we hosted a number of successful surplus-generating events.
We continue to keep an eye on revenue and reserves levels, and take action as necessary to ensure the financial health of the charity. As of the end of the 2024-25 financial year we were exploring opportunities to increase rental income, and considering the potential sale of our flat at 49 Florence Street.
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:
- Select suitable accounting policies and apply them consistently
- observe the methods and principles in the Charities SORP 2015 (FRS 102).
- Make judgements and estimates that are reasonable and prudent
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements.
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. Select suitable accounting policies and apply them consistently
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.
> Approved by the Trustees on : 10.10.25 Signed on their behalf by: Name : Sue Morrison, Chair, NU CIO
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 2025.
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 accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
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 : 10.10.2025
K Gomes MAAT,FCIE Independent Examiners Ltd The Grain Store, Hills Barns
Appledram Lane South,Chichester,West Sussex PO20 7EG
6
## **NEW UNITY**
(Charitable Incorporated Organisation)
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025**
|**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**
Funds Transferred
Total Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
42,559
-
42,559
155,862
66,330
-
66,330
104,399
2,128
-
2,128
1,976
2,707
-
2,707
12,538
1,003
-
1,003
256|
|---|---|
||**114,727**
**-**
**114,727**
**275,031**|
||8,110
-
8,110
2,321
241,903
-
241,903
384,286
2,440
-
2,440
4,802|
||**252,453**
**-**
**252,453**
**391,409**|
||**(137,726)**
**-**
**(137,726)**
**(116,378)**|
||**8,619**
**8,619**
**-**
**-**
**-**
**2,986,775**
**8,619**
**2,995,395**
**3,111,773**|
||**2,857,669**
**-**
**2,857,669**
**2,995,395**|
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 2025**
|**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 ASSETS**less 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-25**
**31-Mar-24**
Funds
Funds
**Total**
**Total**
£
£
**£**
**£**
2,782,787
-
2,782,787
2,851,354|
|---|---|
||**2,782,787**
**-**
**2,782,787**
**2,851,354**|
||23,383
-
23,383
57,028
72,661
-
72,661
107,264|
||**96,044**
**-**
**96,044**
**164,292**|
||21,161
-
21,161
20,251
74,883
-
74,883
144,041|
||**2,857,669**
**-**
**2,857,669**
**2,995,395**
-
-
-
-|
||**2,857,669**
**-**
**2,857,669**
**2,995,395**|
||2,857,669
-
2,857,669
3,159,900
-
-
-
32,563|
||**2,857,669**
**-**
**2,857,669**
**2,995,395**|
The financial statements were approved , authorised and signed on their behalf by:
> Approved on : 10.10.25
Signed on their behalf by Trustee :
> Printed Name: Sue Morrison, Chair, NU CIO
8
## **NEW UNITY**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025**
## **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 2025**
## **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 2025**
## **2. TANGIBLE FIXED ASSETS**
|Cost
01-Apr-24
Additions
Revaluations
Cost Value at
31-Mar-25
Depreciation
01-Apr-24
Charge
Depreciation at
31-Mar-25
Net Book Value
31-Mar-25
Net Book Value
31-Mar-24|Newington
Land &
Unity
Newington Green
Fixtures
Green
School
Unitarian
2nd Floor Flat
Fittings &
**2024/25**
Church
Hall
Church
1 Church Walk
Equipment
**Total**
£
£
£
£
£
£
1,543,692
707,757
673,228
151,662
28,163
3,104,502
-
-
-
-
-
-
-
-
-
-
-
-
**Land & Buildings**|
|---|---|
||1,543,692
707,757
673,228
151,662
28,163
3,104,502|
||123,496
56,620
53,859
12,132
7,041
253,148
30,874
14,155
13,465
3,033
7,041
68,568|
||154,370
70,775
67,323
15,165
14,082
321,715|
||**1,389,322**
**636,982**
**605,905**
**136,497**
**14,082**
**2,782,787**|
||1,420,196
651,137
619,369
139,530
21,122
2,851,354|
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2025 : None
31st March 2024 : None
11
## **NEW UNITY**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025**
## **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
**2024/25**
**2023/24**
£
£
£
£
36,758
-
36,758
44,257
5,801
-
5,801
9,549
-
-
102,056|
|---|---|
||**42,559**
**-**
**42,559**
**155,862**|
||66,330
-
66,330
104,399|
||**66,330**
**-**
**66,330**
**104,399**|
||2,128
-
2,128
1,976|
||**2,128**
**-**
**2,128**
**1,976**|
||2,707
2,707
12,538|
||**2,707**
**-**
**2,707**
**12,538**|
||1,003
-
1,003
256|
||**1,003**
**-**
**1,003**
**256**|
12
## **NEW UNITY**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31ST MARCH 2025**
## **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
**2024/25**
**2023/24**
£
£
£
£
8,110
8,110
2,321|
|---|---|
||**8,110**
**-**
**8,110**
**2,321**|
||582
-
582
902
538
-
538
9,732
121
-
121
221
-
-
-
2,006
42,335
-
42,335
97,374
-
-
-
2,571
68,568
-
68,568
68,568
1,661
-
1,661
1,017
1,204
-
1,204
1,131
7,520
-
7,520
6,314
499
-
499
620
1,030
-
1,030
2,218
91
-
91
1,973
1,472
-
1,472
2,156
3,883
-
3,883
834
90
-
90
99
8,593
-
8,593
46,694
73,451
-
73,451
106,496
783
-
783
1,084
1,818
-
1,818
2,035
234
-
234
327
7,085
-
7,085
1,232
20,345
-
20,345
27,723
-
-
-
959|
||**241,903**
**-**
**241,903**
**384,286**|
|||
|Independent Examiner's Fee|2,100
-
2,100
2,100|
|Legal & Professional Fees|340
-
340
2,702|
||**2,440**
**-**
**2,440**
**4,802**|
13
## **NEW UNITY**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025**
## **5. RESTRICTED FUNDS**
|**5. RESTRICTED FUNDS**||
|---|---|
|Heritage Lottery Project (HLP)
Heritage Lottery Project (HLP)|**Balance**
**Balance**
**01-Apr-24**
Income
Expenditure
Transfers
**31-Mar-25**
£
£
£
£
£
8,619
8,619
-
(0)|
||**8,619**
**-**
**-**
**(8,619)**
**(0)**|
||**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**|
## **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
Gift Aid Tax Recoverable|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**31-Mar-25**
**31-Mar-24**
£
£
**£**
**£**
72,661
-
72,661
107,264|
||**72,661**
**-**
**72,661**
**107,264**|
||Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**31-Mar-25**
**31-Mar-24**
£
£
**£**
**£**
17,582
-
17,582
52,643
-
-
-
4,385
5,801
-
5,801
-|
||**23,383**
**-**
**23,383**
**57,028**|
## **8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Rental Deposits
Sundry Creditors
Independent Examiner's Fee|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**31-Mar-25**
**31-Mar-24**
£
£
**£**
**£**
15,619
-
15,619
14,089
3,442
-
3,442
4,062
2,100
-
2,100
2,100|
|---|---|
||**21,161**
**-**
**21,161**
**20,251**|
## **9. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR**
The CIO held no long term liabilities during this or the previous financial period.
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## **NEW UNITY**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025**
## **10. STAFF COSTS AND NUMBERS**
|**10. STAFF COSTS AND NUMBERS**||
|---|---|
|**2024/25**
**£**
Gross Wages & Salaries
71,850
Employer's National Insurance Costs
1,601
Pension Contributions
1,472
**74,923**
Employees who were engaged in each of the following activities:
**2024/25**
TOTAL
Activities in furtherance of organisation's objects
3
**3**|**2023/24**
**£**
102,666
3,830
2,156|
||**108,652**|
||**2023/24**
TOTAL
3|
||**3**|
No employees received emoluments in excess £60,000 (2023/24: None)
## **11. TRUSTEES AND OTHER RELATED PARTIES**
The Trustees and related parties who received funds this year for the following reasons were : Sue Morrison -Received a small gift using charity funds.
Vick Ryder - was reimbursed for an out of pocket expense for purchasing Sound craft mixing Desk.
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
15