NEW LIFE CHURCH HAMPTON Trustees Report For the year ended 31 August 2024 Achlevements and Performance New Life Church Hampton continues to advance the Christian faith in Hampton, Middlesex, and we continue to work on partnering with different organisations to help strengthen and support the families around us. Members with needs have been looked after (both spiritually and practically}, and the pastoral team alongside the overseers of each ministry, work together to achieve this. In accordance with the charitvs objectives, Church services are held on a Sunday, and include a time of prayer, worship, teaching, preaching and ministry. A prayer meeting is also held every Sunday for one hour before the start of the service. Additional ministries also operate alongside the main meeting for both children and the youth, and a time for fellowship and refreshments is enjoyed by everyone at the end of each service. Events during the week have included the following: Bible College, worship rehearsals, pastoral meetings and visits, leaders and departmental meeting5, and prayer and fellowship groups. Many additional events were planned throughout the year to help strengthen the relationships within the Church, and provide outreach opportunities, including: fellowship lunches, ladies ministry meetings, men's ministry meetings {at outside venues including a cooked breakfast), a 'Songs of Praise, evening (a 'Churches Together around Hampton, event), and a walk at Epsom Downs followed by lunch at John & Julie's house. Our annual 3-course Christmas Lunch {following our Carol Service) at the Salvation Army Conference Centre, was also greatly enjoyed by everyone, including guests. Pastor Tim also met regularly with the other ministers in Hampton (from different denominations) to discuss the needs within the community. The volunteers in the children's ministry and the youth are all DBS checked, and we continue to see an increase in the individuals offering to serve in the Church. Training is ongoing in different areas of the ministry, and the deacons and volunteers work very well together as a team, so that the Church runs seamlessly when we take annual leave. All the ministries are working well with dedicated leaders and helpers, and strong friendships are being formed across all age groups in the Church. Pastor Tim and the creative team have designed and built new staging for the church, which has dramatically improved the visual aesthetics, and it was great to see so many volunteers using their different skills to achieve this. The Bible College students and those in the congregation continue to grow in their faith, and there is a genuine hunger for His power to manifest in their lives, and in the lives of others, in order to bring glory to God. Pastor Tim's sermons are available to view on the website, and he is receiving positive feedback and testimonies, both online and in the Church. In accordance with our mission statement, our heart is to demonstrate the love of God to our family, friends, community, nation, and the third world, through good works that reveal God's love, mercy, and justice. Financial Review The results for the year are shown on the Financial Statements, and show healthy charity. Our Income has increased to £46,762.00 (£32,930.00- 2023), and likewise, our expenditure has also increased to £39,255.￿ {£34,107.CM) - 2023), resulting in a surplus figure of £7,507.00. This does not include the accrued gift aid of £1178.00 (not yet claimed from 1517124- 31" August 2024), and would therefore increase the true surplus figure to £8685.00. As a Church, we also tithe a minimum of IO% on all of our gross income. The sum of £4,914.00 was distributed to other ministries, both here and in the third world, to minister to the poor and hungry, and proclaim the Word, so that lives can be transformed. It is the policy of the charitable organisation that unrestricted funds {which have not been designated for a specific purpose) should be maintained at a level equivalent to between three to six months expenditure. The trustees consider that reserves at this level will ensure that in the event of a significant drop in tithes and offerings, they will be able to continue the current activities whilst consideration is given to ways in which additional funds may be raised. This level of resenies has been maintained throughout the year. Rlsk Mana ment The trustees have a duty to identify and review the risks to which the charity is exposed, and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Reserves and Assets The charity has no reserves that are not invested in fixed and current assets. The trustees regularly review the current level of reserves held by the charity, and are satisfied that they are appropriate to its current circumstances. Structure Governance and Mana ement New Life Church Hampton is a Charitable Incorporated Organisation, and is registered as a charity with the Charity Commission. None of the trustees have any beneficial interest In the organisation, and all of the trustees are members of the organisation and guarantee to contribute £1 in the event of a winding up. The Trustees report was approved by the Board of Trustees. Rev. Tim Bowyer (Chairman) 02 Mrs. C. Michev (Trustee) 2¢25 NEW LIFE CHURCH HAMPTON UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31" AUGUST 2024 (CHAIUTY REGISTRATION NO: 1166219) Page l of 11 coNrENTS Legal and Administrative Inforn]ation ................................................ Independent Examiner's Report ................................ .. Statement of Financial Activities................-............................ Balan¢eSbeet.................................................................. Notes to the Fitwicial Statements ..........,. Page2of11 LEGAL AIYD ADMINISTRATIVE DETAILS Staths New Life Church Hampton is a Charitable Incorporated Orgatiization and as such is a Registered Charity. Charity registration number.1166219 Contact Address: PO BOX 379. Sunbury-on-Thames, Middlesex, TW16 9DB Tn￿ceS. Rev. Tim Bowyer (Chair) Mrs Julie Mcclelland Mrs Christine Michev Bankers: HSBC BanL Church Street, Weybridge, Surrey, KT13 8DF Reporting accountant: Sturgess and Co Ltd 6 Oak Drive Elsenham CM22 6GB Page3of11 Statement of Trustees, Responsibilities The1n￿teeS areresponsible for preparingthe Trustees, Annual Report andthe financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. The trustees are required to prepare financial statements for each fmancialyear which give atrue and fair view of the state of affairs of the charitable incorporated organization and of the incoming resourc¢s and application ofresources, includingthe income andexpenditure. ofthe charitable incorporated organization for that period. In preparing these financial statements, the trustees are required to: select suitsble accountingpolicies andthen applythem consistently observe the methods andprinciples in the Charities SOBP • make judgements And estimates that are re&8onable and prudent state whether applicable UK Accounting Standards havebeenfollowe4 subjectto anymaterial departures disclosed and explained in the fu￿nCIal statements preparethe financial statements onthe going¢on¢ern bhsisunless it is inappropriate to presume that the charitable company will ¢ontinue in operation The tr￿ste¢S are responsible for keeping proper accounting records whith disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the flllancial ststements comply with the Charilies Act. They are also responsible for safeguarding the assets of tbe charitable incory)orated orgatiization and hence for taking reasonable sfrps for the prevention and deteclion of hud and other1￿egularllties. Signed on behalf of the board Rev. Tim Bowyer (Chair of TMffee3) Page4of11 INDEPENDENf EXAMINER'S REPORT Rwpecdv¢ Re8poD81bllldt8 of Trustees And Examiner The trustees are responsible for the pr¢p8ration of the accoullts. The charity's ustees consider Ihat an audit is notrequired for this y¢ar under section 144 ofthe Charilies Act 2011 (the Charitieg Act) and that an independent ex8mination 18 n¢¢d￿. I arn qualified and experienced to undertake the exaMiD￿On &8 a It is my responsil)ility to: examine the accounts under section 145 of the Charities Act to follow the procedures laid down in the general directions given by the Charity Commission {und¢r s¢ction145(5)(b) of the Charities ACL and to stats whether partlcular matters have Come to my att¢rAtion B&¥iB of itidependent exAmlner'$ 8t*tement My examination was wried oul in a¢¢oTdance with gener81 dtrectii)ns given by the Charity commissio￿ kn examination includes & review of the accounting recordg kept by th¢ charity and a Comparison of the aeeounts preyent¢d with those records. It also includes Dsidcration of any unusual items or disclosures in the a(xounty and seekin8 ￿planatIonS from the1nL8tees concerning any such mattets. The procedures widert8ken do not provide ￿ the evidence that would be rqUIr￿ in an audit, and consequently no opinion is given as to whether the accounts pregent a'true and fail view and the report is limited to thos¢ matters set out in the statement below. Independent e￿mIller'S itat¢m¢nt In comiection with my examination. Do matter h&8 come to my attention to Indicate that: • accowiting records have not been kept RTh ￿)rdance with section 130 of the Charities Act . the arKounts do not auord with such records . where accoutts are pr￿ared on an accTuals basis. whether they fJil to wmply with relevant accounting requirements under the Charities Ac* • any matter which the examiner believes should be drawn to the attenti¢)n of the read¢r to gain a proper undffstanding of the a¢wunts sturge5s and Co Ltd Aeeountrynt Th8 Monor House statloth Road. Felst•d CM6 3EZ 01371 $324S1 091 01 12025 R Mit¢h¢ll ATT Page Sof11 STATEMENf OF FINANCIAL ACTIVITIES INCORPORATtNG THE tNCOME AIW EXPEIYDITURE ACCOUNTING For ihe period ended 31 August 2024 Unrestricte41 Restricted FuDd$ Fulld$ Total 2024 Note Incoming Regourees Incoming resources from g¢nerating funds Voluntsry incom¢ Incomillg resources from haritable activities 37.892 37,892 8.870 8.870 Total of Incoming Resour￿8 R¢sour¢¢8 Kxp¢ttded Charitable activities Depreciation of fixed ￿Sets Employm¢nt Costs Total of Resources Expended 24,408 2,347 12,500 39255 24.408 2.347 12,500 39355 Net In¢omingl(Outgoing) Resources 7,507 7,507 Totsl fund$ brougbt fonward Transfer btheen ffllnds 7.640 7,640 Total Funds Cpdrried Fomrd 0 15,147 The notes on pages 8 to I I form an itrtegral part of these finan¢ial statements. Page 6 of11 BALANCE SHEET AS *t 31 August 2024 Total 2024 No Fixed knets Current knets Debtors and Prepayments Cash at bank and in hand A¢¢ru¢d Gift Aid 21.127 1.178 22 05 Creditors and accruals.. atnounts falling du¢ within one year (120) Total current assets less curr¢nt liabilities 22,185 Ne¢ As8ets 22,185 Funds Restricted income fimds UnTestricted income funds: Total Futtds 22,185 22,185 The financtal statements were approved by the board on 16 Febnwy. 2025. and signed on its behalf by.. Rev. Tim Bowyer (Chair of Trwtees) Page 7 of11 NEW LIFE CHURCH HAMPTON NOTES TO THE FfNANCIAL STATEMENTS For the year ended 31 Au8USt 2024 l. A¢¢oMntlllg Policie8 The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year. 1.1. Basis of Accountlng The fillancial statements Are prepared und¢r the historical cost convention and in accordance with the Statement of Recomm¢nd¢d Practic¢'Accounting and Reporting by Charities, (SORP 2015). 1.2 BASIS of Preparation Th¢ accounts have been prepared on a going concern basi IJ. Fund Aceollnting Unrestricted funds ar¢ donalions and other incoming r¢sour¢¢s receivable or generdted for the obj¢ct5 of the charity without further specific purtK)se and which the charity may use for its purpose at its discretion. Designated funds are unrestricted funds earniarked by the TrustKs for particular puox)ses. RestTiCted funds are for HonoraTia and gifts to missions and are subject to r¢strictions on their exF¢nditure imposed by the donor or through the ternis of an ap￿al. No gift aid elaimed will be added to any restricted fund unless agreed beforehand with the trustees. 1.4. Incomillg Resources All incoming resources atr included in th¢ statement of f￿anCIal activities when the chartty is entitled to the incoTne and the amount be quantifi￿ with rewnable accuracy. The followin8 sp¢cifAc policies are applied io particular catsgories of in¢om¢'. Voluntary incom¢ is re￿ived by way of donations and gifts and 15 included in full in the Statement of Financial Activities when re￿Ivable. Donattyj assets are in¢luded at the value to the charity where this can be quanlifi¢d 4 third paty is bearing the cost. The valu¢ of setvices provid¢d by volunteers has not been included. Any gran1& including grnttts for the pu￿h￿ of fixed asse￿ are reco￿lSed in fvll in the Ststement of Finan¢ial A¢tivities in th¢ year in whi¢h they are receivable. 1.5. Resources Expended Expenditure is recognized on an a¢¢rual basis &$ a liability is incurred. Expenditure includes any VAT whi¢h oannot be fully recoveJt4 and is reported as part of the expenditure lo which it relates. Resources expended are recognized in the year in which th¢y are incurred. Page8of11 2. Voluntary Illcome Unre8trirted Funds Restrlctsd Funds Totsl 2024 General donations and funthaising 37,892 37,892 37 3. Incoming Re80urces fn)m Charitable Activities Gift aid tsx reclaimed 8,87 70 4. Costs of Charitable Aetivitie8- by 2¢tlvlty Activities undertsken directly Total (2024) Honoraria and Gifts to Missions Building Hire Church Supplies Youth & Children's Ministy Worship Ministy Licenses, Insurances and Memberships Professional Fees P&storni Care Outreach & Ev¢nt$ Capital Equipment 4,914 5,960 3.951 2.067 1,216 1.197 393 1,516 1.091 2.103 S. Employees Employment Costs Wag¢s and Salaries 12JOO Number of Employe Th¢ average monthly numbers of employee5 (including the trustees) during the year. calculated on the basis of full time equivalents, was as follows: 2024 Number Page 9of11 6. Taxation Th¢ charitys activities fall within the exemptlons 2fford¢d by th¢ provisions of th¢ Income and CorEx)ration T￿eS Act 1988. A¢cordingly. there is no taxation charge in these accounts. 7. Ikbtor8 2024 Accrued Income (Gift Aid) & Creditors: amoullts falllng due within olle year 2024 Trade Creditors 120 9. ADAIysis of llet *5s¢ts behveell funds Unre8tri¢ted Restrided Funds Total Funds Fund balances at 31" August 2024 as represented by: Fixed assets Current assets Current liabilities 22.305 -120 22.305 -120 Total 22,185 Page 10of11 Incoming Re80uree8 Outgoing Regonrces 10. Ullre81rfctsd Fund8 rd 2024 Umrstricted Funds 7.640 46,762 762 39355 39 55 15,147 15,147 IncomiDg Resources Outgoittg Resour¢es At 2024 11. Restricted Funds Blfd 12. FiIed Assets Equipment Net EKx)k value Blfd 4,208 Introdu¢ed 2.103 Deprecialion Charge for p¢rkod Net book value At 31, August 2024 1347 3.964 Fixed assets ar¢ depreciated at a rntr of 25 per¢¢nt on a straight-line b8sis ITh order to swead their value over their estimated useful lives. 13. Related Party Tran￿¢tiOnS Th¢re w¢re no r¢late4J party transactions during the year. 14. Controlling Ittter￿t No one individual controls th¢ charity. Page 11 of11 INDEPENDE￿1 EXAMINER'S REPORT Resp¢¢¢fve R¢8pon8ibllitlo8 of Tnth and Exanthier The tn￿ are responsible for the Pr￿aratIon of the a¢counts. The charitys trustees consider that an audit is notrequired for this year undtt section 144 ofthe Charities Act 2011 (the Charities Act) 8nd that an independ¢nt exarnin8tion is neede