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2022-04-05-accounts

New Life Church, Biggin Hill

Report and Accounts Year ended 5 April 2022

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

NEW LIFE CHURCH, BIGGIN HILL

CHARITY INFORMATION

FOR THE YEAR ENDED 5 APRIL 2022

Trustees J Chambers (resigned 10 November 2022)
N Hardwick
J Price
T Stirk
G Wales
D White
S Turner
I Smith (appointed 3 June 2021)
J Wicking (appointed 3 June 2021)
Key Staff - Church Elders S Turner
G Wales
Governing Document CIO - Constitution dated 12 December 2016
Charity Registration Number 1172916
Principal Address Main Road
Biggin Hill
TN16 3BB
Independent Examiner Stephen Mathews FCA
Stewardship
1 Lamb's Passage
London
EC1Y 8AB
Bankers National Westminster Bank plc
Station Rd, Paddock Wood
Tonbridge
TN12 6EP
Contents Page
Charity Information 1
Trustees' Annual Report 2-9
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Accounts 13-18
Detailed Statement of Financial Activities with Comparatives 19

Page 1

The trustees have pleasure in submitting the Report and Accounts for the period April 2021 to April 2022.

Our main objectives as a church and a charity are to promote the Christian Faith in Biggin Hill, the UK and in other Countries around the world.

Our Vision – is to make known to the local community, the love of Christ and the grace of God demonstrated in the life, death and resurrection of Jesus Christ.

Our strategy in achieving these objectives continues by:

Public Benefit In undertaking the planning of the many activities organised during this year, we have taken into account the Charities Commission guidance on public benefit and in particular in relation to the guidance relating to the advancement of religion. We have sought to ensure that all our activities are available and open to all within the community in which we serve, both in the provision of services of worship and in provision of community activity and support.

Page 2

Structure, Governance and Management

The charity is a member of the Evangelical Alliance and the Baptist Union and is established within Regions Beyond - part of the Newfrontiers family of Churches. Directions relating to the charity are made by the Trustees in consultation with the Elders, who are responsible for governing the life and teaching of the church. Day to day decisions on expenditure and activities are decided by the staff and volunteers in charge of different areas of the church, with budgets set and monitored by the Trustees. In general, the responsibility for appointment of Trustees rests with the Elders. New Trustees are primarily selected from the members of the church and from leaders of other local churches sharing the same vision, since this means the Trustee body is wholeheartedly involved in seeing the mission of the church worked out in practice. On being appointed, new Trustees will spend time with the existing Trustees and also undertake a training course for trustees run by respected charity advisers who are involved in church and Christian charity leadership to ensure they understand their responsibilities and the legal and financial framework in which the church operates.

Responsibilities of trustees under charity law -The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. (United Kingdom Generally Accepted Accounting Practice)

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

Page 3

Acknowledgement

The Trustees extend their thanks for the hard work and faithful service of the Elders and those who served during this unusual and challenging year in many different ways, particularly to the staff, who have, once again, served the community of the Church. They also express their gratitude for the generosity of those supporting the objectives and vision of the Church.

Church staffing

In 2019 Jordan Brown was appointed on a 2 year fixed term contract for the purpose of training in church leadership. When this came to an end in September 2021 Jordan and his wife felt a calling to pursue further work at Dihlabeng Church and school in Clarens, South Africa, linked to us via the Regions Beyond group of churches. Many of the church members were extremely faithful in their generosity to help fund their year. Jordan’s work load at New Life Church has been divided between a number of other paid and volunteer members of the church. Megan Park who had been employed as administrative staff has taken on much of this work especially youth work in which she excels.

Volunteer members have taken over the sound, website management and online Sunday service responsibilities.

Two new trustees were appointed by the elders in March 2021 -Isaac Smith and James ~~-~~ Wicking. They both completed the training course and have already become highly valued members of the trustee team.

With great joy two new Church Elders were appointed on 27/3/22:- Isaac Smith and Rob Lewis. The role of an elder is similar to that of a father in a family. An elder should bring direction, discipleship (and discipline) devotion and doctrine to the family of God in the church. Elders are not served by the church, but serve the church with leadership gifts. Rob and Isaac will bring their own particular blend of gifting to the church in this way.

Priorities Identified in 2021

1) How, through demonstrations of our faith, can we begin to correct the negative effect COVID has had on our local community

2) The effect COVID has had on people’s mental health and the need for the church in their pastoral role to help those suffering and bring hope with faith and fellowship.

3) Undertaking a full Risk review and acting on the findings

4) Looking at how the leadership team could be expanded

5) Consider the need to reach out to other people and Churches within the Regions Beyond group who were struggling due to COVID or other reasons and also to find ways to keep in contact with our Church families across the world whilst travel restrictions apply.

Page 4

Progress made on these priorities:

The COVID pandemic has had such far reaching effects on the community with not only illness and loss but the inability to meet as a church. As taught in the Bible the Church is not a building but a gathered people and this inability to meet led to isolation and in some people despair and weakening of faith. Although the church officially reopened in November 2020 the Elders and Trustees felt the need to protect vulnerable people and thus proceeded cautiously. A booking system was used so that numbers in the room would not go above 50 and tables and chairs were spaced to allow social distancing. Worship restarted joyfully (although cautiously with masks on!) in July 2021. As restrictions lifted nationally, the Elders were careful in allowing time for nervous, vulnerable members to gain confidence to attend and seating has continued to be well spaced. Initially many still preferred to view Church from home, and so the online service on Sundays and the “10 at 10” (daily Devotionals) continued. These services have allowed elderly, infirm and other vulnerable individuals, as well as visitors locally and abroad, to have an ongoing connection with the Church. The services have been viewed by some as far away as Africa, India and Australia. Zoom has still featured strongly in many meetings locally and across the world and is expected to continue to do so for some time.

Mental health - Following the pandemic, and as mental health has been such an issue, a Group was started (called Magnify: Renewing Your Mind) in September led by one of our Pastors and focusing on mental health issues. Meeting monthly for a couple of hours, the Group has been for those who feel the weight of unhelpful thoughts affect their walk with God and the way they feel about themselves. The Group has addressed the need to know biblical truth that sets us free, provided strategies to help our relationships with other people and encouraged attendees to reflect on their thinking about God and His plans and purposes for their lives. It has included some teaching, discussion, prayer and a task to be completed each month to help people to change and overcome fears and other difficulties. The group has been very successful, has grown considerably and was most welcomed by those who attended.

Kids and Youth Work -

New Life Youth was back up and running after the pandemic on Friday evenings in October with youth members from year 7 through to year 13 meeting at the building. It remains a great, safe place for our young people and their friends to hang out, play games and reconnect. Historically many young people from the community who have not grown up in a church family, have come to know Christ this way.

New Life Kids Devotionals -During August and September 2021 the youth leaders sent the kids home with devotionals encouraging them to do these at home with their families.. They were to be a resource to encourage discussion, prayer and to help our New Life Kids grow in their own relationships with God.

Risk management -A full risk review was undertaken by the Church staff in late 2021. This has resulted in a report highlighting the key areas where action needs to be taken to minimise our risks. An action plan has been put together and this is being implemented by the relevant Elders, administrative, leadership and trustees teams.

Leadership team - As well as the two new Elders we have also been able to expand the leadership team to include 6 members who have started a course in leadership funded by the church that began in January 2021 and will continue for 3 years. These leaders are stewards of the church who are committed to serving the church and bringing enthusiasm, empathy and faithfulness to the Church community.

Page 5

Achievements and Performance

Page 6

Page 7

Plans for the future

Finances and Reserves

As we emerged from the COVID 19 pandemic, a cautious approach continued to be taken to the management of the Church finances.

The Church finances are kept under regular review as a matter of course; our membership continued to give faithfully and generously with monthly giving averaging over £12,000 per month.

As it was largely a season of ‘re-gathering’, there were no overseas mission trips and our outreach programme was necessarily curbed in a number of areas as we were generally cautious in arranging large scale events. Therefore, our main operational expenditure for the period were staff costs and ‘overheads’ such as building maintenance and insurances. There was continued investment in equipment to improve our capability to stream services, prayer meetings and daily devotionals online.

We were pleased to maintain our full outward financial support programme with regular gifts for mission and outreach projects in both the UK and Africa.

Our income from general giving covered most of our operational costs for 2021/22, with the shortfall being covered from reserves.

The Trustees have set a policy of retaining sufficient reserves to cover at least 3 months general expenditure i.e to cover the normal day to day costs of running the Church and keeping the building open. In the Financial Year 2021/22, £55,000 was considered a prudent level of general reserve to be held.

The level of general reserves continues to be monitored regularly in conjunction with the Elders. Currently there are no plans for large scale capital expenditure.

At the end of the financial year 2021/22, free reserves amounted to approximately £300,000. These funds have not been specifically designated yet; nonetheless there are outline plans to use some of the reserves for longer term church development and strengthening of the Leadership team as well as for local church planting.

Since the end of the financial year, regular giving continues to average about £12,000 per month which is largely covering our operational costs. Our reserves are strong; the Trustees

Page 8

thus continue to believe the Charity will be in operation and able to meet all liabilities as they fall due, for at least 12 months from the date of the signing of the 2021/22 Accounts.

On behalf of the Trustees:

(signed) Simon Turner

Trustee: Simon Turner

(signed) Neil Hardwick Trustee: Neil Hardwick

Date of approval of Trustee Report: 11 January 2023

Page 9

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

NEW LIFE CHURCH, BIGGIN HILL ('the Charity')

I report to the charity trustees on my examination of the accounts of the Charity for the year ended 5 April 2022 on pages 11 to 19 following, which have been prepared on the basis of the accounting policies set out on pages 13 to 14.

Responsibilities and basis of report

As the charity’s trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 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 the Charity’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 qualified to undertake the examination because I am a member of Institute of Chartered Accountants in England and Wales which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do 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.

Stephen Mathews

Stephen Mathews FCA Institute of Chartered Accountants in England and Wales

Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: 12 January 2023

Page 10

NEW LIFE CHURCH, BIGGIN HILL

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 5 APRIL 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Total income and endowments
EXPENDITURE ON:
Charitable activities
5
Total expenditure
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 Unrestricted
Funds
£
182,684
5,085
187,769
222,196
222,196
(34,428)
(1,025)
(35,453)
336,174
300,721		 Restricted
Funds
£
99,119
-
99,119
83,619
83,619
15,499
1,025
16,524
54,397
70,921		 Total
Funds
2022
£
281,803
5,085
286,887
305,816
305,816
(18,929)
-
(18,929)
390,571
371,643		 Total
Funds
2021
£
298,196
(773)
297,423
275,830
275,830
21,593
-
21,593
368,979
390,572

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The notes on page 13 - 18 form part of these accounts.

Page 11

NEW LIFE CHURCH, BIGGIN HILL

BALANCE SHEET

FOR THE YEAR ENDED 5 APRIL 2022

Note
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Debtors
8
Cash at bank and in hand
9
CREDITORS: Amounts falling
due within one year
10
Net current assets / (liabilities)
Total assets less current liabilities
TOTAL NET ASSETS
FUND BALANCES
12
Unrestricted Funds
General funds
Designated funds
Restricted Funds		 General
Funds
£
13,870
13,870
42,355
249,433
291,788
4,937
286,851
300,721
300,721
170,151
130,570
300,721
-
300,721		 Restricted
Funds
£
-
70,921
70,921
70,921
70,921
70,921
-
-
-
70,921
70,921		 Total
Funds
2022
£
13,870
13,870
42,355
320,354
362,710
4,937
357,773
371,643
371,643
170,151
130,570
300,721
70,921
371,643		 Total
Funds
2021
£
15,852
15,852
40,791
340,970
381,761
7,041
374,720
390,572
390,572
192,933
143,241
336,174
54,398
390,572

The financial statements were approved by the Board of Trustees and were signed on its behalf by:

James Wicking

TRUSTEE: James Wicking

DATE: 11 January 2023

Charity number: 1172916

The notes on page 13 - 18 form part of these accounts.

Page 12

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2022

1 Statutory Information

The charity is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These 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 (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements. In making this assessment the trustees have considered the impact of Covid-19 and have concluded that its impact on net income will not be material.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes: i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.

The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not ii) been included in these financial statements as they cannot be reliably measured.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

The Charities SORP requires charities with income over £500,000 to allocate costs to the various activities undertaken by the charity. The nature of the work of the church is considered to be so integrated that the core charitable activity costs are considered to be for the one activity.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

Page 13

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2022

d) Fund accounting

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. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £2,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Equipment

Over 5 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

g) Taxation

The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

h) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

3 Donations and legacies

Donations of cash and similar
Legacies receivable
Income tax recoverable
Government grants (note 3a)
Other grants receivable
a
Government grants comprise:
Job Retention Scheme grants
4
Charitable activities
Church activities		 Total
2022
£
234,385
-
42,426
-
4,992
281,803
Total
2022
£
-
-
Total
2022
£
5,085
5,085		 Total
2021
£
243,368
10,200
40,830
2,212
1,586
298,196
Total
2021
£
2,212
2,212
Total
2021
£
(773)
(773)

Page 14

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2022

5 Charitable expenditure

5 Charitable expenditure
a
b		 Costs incurred directly on specific activities
Church activity
Salaries and pastoral support
Pastoral expenses and conferences
Mission teams and travel (2021 flight refunds)
Evangelism
Youth work and events
Grants payable (Note 5c)
Costs incurred on support & administration
Governance costs
Accounts preparation and independent examiner's fee
Church activity
Property and office
Insurance
Sundry expenses
Depreciation
Total expenditure		 Total
2022
£
136,377
17,792
7,470
4,541
2,111
100,284
268,575
Total
2022
£
3,600
3,600
22,721
3,472
5,467
1,982
37,241
305,816		 Total
2021
£
141,097
2,861
(794)
775
1,577
96,518
242,033
Total
2021
£
4,000
4,000
18,964
3,473
5,378
1,982
33,797
275,830

Total expenditure

The fee payable to the independent examiner for preparing and examining the accounts is detailed above; in addition the charity paid £875 (2021: £875) and £150 (2021: £120) to Stewardship for payroll bureau and consultancy helpline membership respectively.

c Grants payable

Mission support
Relief of poverty
Educational grants
Other grants
For 2020/21
Mission support
Relief of poverty
Educational grants
Other grants
The charity's principal grants to institutions comprised:
Dihlabeng Nursery School, South Africa
Regions Beyond UK (Church planting and relief of poverty)
Hope for tomorrow (Education and poverty relief in Burundi)
Jubilee Church Hull
Gateway Church (Segamat Malaysia)
Salvation Army, Athens (refugee relief)
Breakthrough Trust
Grants to institutions for less than £1,000 each		 Institutions
£
14,040
5,560
68,809
175
88,584
Institutions
£
21,907
2,160
66,958
222
91,246		 Individuals
£
10,700
1,000
-
-
11,700
Individuals
£
3,600
1,672
-
-
5,272		 2022
£
24,740
6,560
68,809
175
100,284
2021
£
25,507
3,832
66,958
222
96,518
2022
£
68,809
14,400
3,400
600
-
-
1,200
175
88,584		 2021
£
25,507
3,832
66,958
222
96,518
2020
£
60,750
5,051
79,503
762
146,066
2021
£
66,958
14,400
2,400
2,400
2,028
1,439
1,200
422
91,246

Page 15

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2022

6 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses

ysis of staff costs, the cost of key management personnel and trustee remuneration and expenses
Gross wages and salaries
Social security
Pension costs		 2022
£
112,861
7,204
16,170
136,235		 2021
£
119,664
7,341
13,074
140,079

The average monthly number of employees during the year was 4 (2021: 5). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Charity Information page. Total employment benefits payable to key management for the year were as follows:


management for the year were as follows:
Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
G Wales
37,150
-
11,820
S Turner
45,750
-
3,120		 2022
£
48,970
48,870
97,840

The following amounts were payable in the previous year:

Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
G Wales
34,567
-
9,305
S Turner
44,625
-
3,030		 2021
£
43,872
47,655
91,527

During the year key management received employment benefits totalling £97,840 (2021: £91,527).

G Wales and S Turner served as church leaders and received the above payments for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document.

No other trustees received employment benefits in either the current or those that acted as trustees in the preceding year.

7 Tangible fixed assets

Tangible fixed assets
Cost
At 6 April 2021
Additions
At 05 April 2022
Accumulated depreciation
At 6 April 2021
Charge for the year
At 05 April 2022
Net book value
At 05 April 2022
At 6 April 2021		 Fixtures,
fittings and
equipment
£
19,815
-
19,815
3,964
1,982
5,945
13,870
17,834		 Vehicles
£
-
-
-
-
-
-
-
-		 Total
2022
£
19,815
-
19,815
3,964
1,982
5,945
13,870
17,834

The charity uses the building at Main Road, Biggin Hill, Kent. The charity does so on the basis of the trust deed between The London Baptist Property Board Limited and Biggin Hill Baptist Church, Kent dated 19 August 1963. The cost of repair and improvements are met by the funds of the charity.

Page 16

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2022

8 Debtors

tors
Falling due within one year:
Tax recoverable
Total debtors
h at Bank and in Hand
Cash at bank with immediate access
itors: liabilities falling due within one year
Trade creditors
Accruals		 2022
£
42,355
42,355
42,355
2022
£
320,354
320,354
2022
£
-
4,937
4,937		 2021
£
40,791
40,791
40,791
2021
£
340,970
340,970
2021
£
1,649
5,392
7,041

9 Cash at Bank and in Hand

10 Creditors: liabilities falling due within one year

11 Pension commitments

During the year employer’s pension contributions totalling £16,170 (2021: £13,074) were payable to defined contribution personal pension schemes. Pension contributions of £1,337 (2021: £1,391) were owing at the balance sheet date.

12 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Legacy
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Child sponsorship fund
Burundi
Regions Beyond UK Fund
Missionary support fund
Overseas church funds
Dihlabeng support
Catering van fund
Biggin Hill projects fund
Crisis Care
Aggregate of funds		 Opening
balance
2022
£
143,241
143,241
192,933
336,174
47,366
214
1,421
1
773
508
469
2,627
1,018
54,397
390,571		 Incoming
resources
2022
£
-
-
187,769
187,769
74,043
-
-
25,076
-
-
-
-
-
99,119
286,887		 Outgoing
resources
2022
£
(12,671)
(12,671)
(209,525)
(222,196)
(73,844)
-
-
(9,526)
-
-
-
-
(250)
(83,619)
(305,816)		 Transfers
in the year
2022
£
-
-
(1,025)
(1,025)
-
-
-
-
-
125
-
-
900
1,025
-		 Closing
balance
2022
£
130,570
130,570
170,151
300,721
47,565
214
1,421
15,551
773
633
469
2,627
1,669
70,921
371,643

Page 17

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2022

Comparative figures for 2020
Designated Funds
Legacy
Unrestricted general funds
Restricted Funds
Child sponsorship fund
Burundi
Regions Beyond UK Fund
Regions Beyond
Missionary support fund
Overseas church funds
Dihlabeng support
Athens appeal fund
Catering van fund
Biggin Hill projects fund
Crisis Care
Aggregate of funds		 Opening
balance
£
99,210
99,210
214,215
313,425
47,661
214
1,421
0
1
773
508
1,440
469
3,068
-
55,554
368,979		 Incoming
resources
£
10,200
10,200
217,435
227,635
66,663
-
-
-
-
-
-
-
-
-
3,125
69,788
297,423		 Outgoing
resources
£
(19,141)
(19,141)
(185,745)
(204,886)
(66,958)
-
-
-
-
-
-
(1,439)
-
(441)
(2,107)
(70,945) 0
(275,830)		 Transfers
in the year
£
52,972
52,972
(52,972)
-

-
-		 Closing
balance
£
143,241
143,241
192,933
336,174
47,366
214
1,421
-
1
773
508
-
469
2,627
1,018
54,397
390,571

Designated funds

The Legacy fund is a designated fund set aside from legacies received. Amounts held are for major long term projects

Restricted funds

Child sponsorship fund is for sponsorship of children who are unable to afford schooling for education at Dihlabeng School in South Africa

The Regions Beyond fund is for the support of projects and church planting under the auspices of the Regions Beyond family of churches. The funds are normally granted to Regions Beyond UK (registered charity number 1152827).

The Biggin Hill projects fund is for projects associated with refurbishing and improving the church's premises.

The purpose of the Crisis Care fund is to support local people experiencing problems in the current financial crises.

The Missionary Support Fund is to assist funding of mission workers in the UK and abroad.

All other funds arise from offerings and other gifts for specific projects as indicated by the fund name.

13 Transactions with related parties

During the year the charity:

Page 18

NEW LIFE CHURCH, BIGGIN HILL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 5 APRIL 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Other charitable activities
4
Total income and endowments
EXPENDITURE ON:
Charitable activities:
5
Total Expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 2022
2021
£
£
182,684
218,208
5,085
(773)
187,769
217,435
209,525
185,745
209,525
185,745
(21,757)
31,690
(1,025)
(52,972)
(22,782)
(21,282)
192,933
214,215
170,152
192,933
Unrestricted Funds - General		 2022
2021
£
£
-
10,200
-
10,200
12,671
19,141
12,671
19,141
(12,671)
(8,941)
52,972
(12,671)
44,031
143,241
99,210
130,570
143,241
Unrestricted Funds - Designated		 2022
2021
£
£
99,119
69,788
-
-
99,119
69,788
83,619
70,945
83,619
70,945
15,499
(1,156)
1,025
-
16,524
(1,156)
54,398
55,555
70,922
54,398
Restricted Funds		 Total
Funds
2022
£
281,803
5,085
286,887
305,816
305,816
-
(18,929)
-
(18,929)
390,573
371,644		 Total
Funds
2021
£
298,196
(773)
297,423
275,830
275,830
-
21,593
-
21,593
368,980
390,573

Page 19