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2024-12-31-accounts

NICC Trustees’ Annual Report

Year ended 31 December 2024

Table of Contents

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Chair’s Report – Achievements

During 2024 we focused on strengthening fellowship, launching our permanentIhome appeal and deepening community engagement.

Highlights were:

• Christmas Worship Night – 14 December 2024 at our Unit E1 premises drew around 50 worshippers for an evening of praise, ministry and prayer, igniting fresh momentum for the building appeal.

• “Meet Me There” Picnic & BBQ – 26 August 2024 (summer bankIholiday weekend) brought approximately 50 adults and children together for food, sport and conversation, introducing several new families to NICC’s community life.

• BuildingIProject Launch – Sunday 3 November 2024 formally kickedIoff our £100,000 appeal for a permanent home; pledges and gifts had already reached the full target by yearIend.

• Leadership restructure – we clarified and expanded departmental oversight under the Church Council, establishing dedicated ministries for Men, Women, Youth, Children, Music, Evangelism, Finance, Media, Events, Usher, Protocol and Administration.

These milestones, achieved entirely by volunteer effort, mark a year of renewed vision and forward momentum.

Achievements and Performance

Key Activities in 2024:

• Worship & Discipleship – weekly services, smallIgroups and prayer meetings continued to nurture faith and fellowship.

• Community Events – the ‘Meet Me There’ picnic and Christmas Worship Night strengthened local connections and showcased NICC’s heart for inclusive community.

• Strategic Development – trustees approved, and the congregation embraced, a refreshed departmental structure to enlarge capacity for evangelism, pastoral care and administration.

Across all ministries, eight committed volunteers contributed over 2,000 hours of service, enabling every initiative without paid staff.

Financial Review – Year ended 31 December 2024

Total income for the year was £70,932, comprising £27,508 of donations and £43,424 other income.

Total expenditure was £65,657, of which £38,360 related to deposit, legal and planning fees toward the proposed purchase of a permanent facility.

The trustees consider these costs a necessary investment in achieving NICC’s longIterm objective of securing a stable base.

Despite rising costs, careful budgeting ensured the charity ended the year in a stable position with sufficient unrestricted reserves to meet dayItoIday commitments.

The trustees have not yet adopted a formal reserves policy and will address this during 2025.

Governance and Volunteers

The charity is run entirely by volunteers.

A core team of eight gave over 2,000 volunteerIhours during 2024, covering everything from preaching and worship to administration, catering and event setIup.

Their dedication remains the lifeblood of NICC’s ministry.

Risk Management

During 2024 the board regularly monitored three principal risks:

  1. Funding shortfall – monthly budget reviews and active fundraising pipeline;

  2. Safeguarding – adherence to Assemblies of God and Thirtyone:eight guidance;

  3. Volunteer capacity & burnout – realistic scheduling and pastoral support.

Controls remained effective and no reportable incidents occurred.

Future Plans

In 2025 the trustees will:

Thanks to Supporters

The trustees extend their heartfelt thanks to all partner churches, individual donors and friends whose generosity makes our work possible.

Trustees, Governing Document & Independent Examiner

Trustees – Alex Azu, Samalie Sekatawa Tugume and Jose Tomas served for the whole of 2024. Governing document – unincorporated church constitution adopted 2016; no amendments in 2024. Independent examiner – details supplied separately.

New Identity Christian Centre New Identity Christian Centre New Identity Christian Centre New Identity Christian Centre CC16a
For the period
from
Period start date
01-Jan-24
To
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
43 424
-
-
-
27 508
-
-
-
70 932
-
-
-
70 932
5 789
1 760
5 560
720
1 610
4 500
1 965
654
89
1 430
2 720
38 360
500
65 657
-
-
-
65 657
5 275
-
-
5 275
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
Total funds
to the nearest £
43 424
-
-
-
27 508
-
-
-
70 932
-
-
-
70 932
5 789
1 760
5 560
720
1 610
4 500
1 965
654
89
1 430
2 720
38 360
500
65 657
-
-
-
65 657
5 275
Last year
to the nearest £
B/F 43 424 -
-
-
-
-
-
-
-
-
13 515
Grants - -
Vol Sector CommunityGrant - -
BAWSO Ltd - -
Donations/Tithe 27 508 39 803
- -
- -
- -
Sub total(Gross income for
AR)
70 932 53 318
A2 Asset and investment sales,
(see table).
- -
-
-
- -
Sub total - -
Total receipts
A3 Payments
- 53 318
Rent/Insurance/Council Tax 5 789 -
-
-
-
-
-
-
-
-
-
-
-
-
-
1 062
Volunteers cost & Travel 1 760 2 397
Food/refreshments/dry goods 5 560 2 122
Assemblyof God 720 720
Consumables/Postage 1 610 1174
Salaries & Training 4 500
Musicequipment/TV 1 965 -
Utilities 654 -
Stationary/Internet/IT 89 454
Storage ThirtyoneEight 1 430 1 297
Maintance/Repairs 2 720
Building 38 360
Accounts 500 668
**Sub total ** 65 657 9 894
A4 Asset and investment
purchases, (see table)
- -
-
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 9 894
5 275
-
43 424
- -
-
-
-
-
- -
5 275
-
5 275 43 424

CCXX R1 accounts (SS)

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
Signature
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
Agreement Error
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Alex Azu
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Alex Azu 30-06-25

CCXX R2 accounts (SS)

2

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