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2023-03-31-accounts

New Life Church, Biggin Hill

Report and Accounts Year ended 31 March 2023

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

NEW LIFE CHURCH, BIGGIN HILL

CHARITY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2023

Trustees J Chambers (resigned 10 November 2022) N Hardwick J Price T Stirk G Wales D White S Turner I Smith J Wicking C Goodson (appointed 5 April 2023) 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

Trustees

Contents Page
Charity Information 1
Trustees' Annual Report 2-9
Independent Examiner's Report 11
Statement of Financial Activities 12
Balance Sheet 13
Notes to the Accounts 14-19
Detailed Statement of Financial Activities with Comparatives 20

Page 1

The trustees have pleasure in submitting the Report and Accounts for the period 6[th] April 2022 to 31[st] March 2023.

Our main objectives as a church and a charity are to promote the Christian Faith in Biggin Hill, the, local community, 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 considered 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 the 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 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)

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

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 year in many 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.

Pastor’s notes for the year

This past year has continued to be a time of regathering and rebuilding following the global pandemic. Some areas of church life have really found momentum whilst other areas are still finding their way forward. It’s been a real joy and privilege to see ‘Stay and Play’, our parent and toddler group, grow from strength to strength and our youth group starting to rebuild. However, it’s also been clear that for some of the church the ‘routine’ and ‘habit’ of church attendance has changed. We’ve seen a significant increase in the number of guests attending our Sunday morning gatherings, mainly from within our community. People for whom this season of history has made them ask significant questions about life, death and their purpose. As a church we have been forced to consider how we meet these fresh needs from within our community.

For the leadership Team of New Life, it’s been a time of building together after appointing new Elders in March 22. The eldership team went on a retreat together in January 2023 to pray and plan for the upcoming year which was an excellent 2 days together. We continue to look to invest in and develop the next generation of leaders for New Life and are excited for what this next season has in store for us. Leading a local church is never boring and rarely are there any two days the same. There are highs and lows, challenges and joys and I am so thankful that God has put a great group of people around me and the church. Our leadership team and our trustees have faithfully discharged their responsibilities and we continue to look forward to all God has planned for us.

Church staffing

John Chambers, a dedicated trustee, stepped down after nearly 10 years of faithful service in September 2022 and we wish him well for the future. We were blessed to have Carol Goodson offer to take his place, bringing a wealth of wisdom from previous Christian charitable work. She will be formally taking up the position on 5th April 2023 with the full agreement of the elders and other trustees.

The role of our administration officer during her maternity leave, which started in February 2023, is being covered internally with existing staff members and Elders.

,

Priorities Identified in 2022 and how they have progressed:

Page 4

been on “regathering” and “rediscovering” who we are as a church. There has been encouragement to “recommit” to who God is and what He wants to do in Biggin Hill through our church.

Multiple gatherings were organised (in July, November 2022, and January 2023) with bring and share lunches with the idea of welcoming anyone new to the church to meet and form bonds with people in the church family but also to reconnect those who may not have seen each other during the long isolation of the pandemic. Later in the year a “census” was taken of the members so that records could be updated and to find out where people resided on membership within the church community. This gave an opportunity to tighten our information governance, especially on social media.

Members of the church gave a special offering to assist financially with sending eighteen young people to the Newday Christian festival in the Norfolk showground. Their enormous generosity meant that families only had to pay a small fraction of the cost (inclusive of food, accommodation, entry fee and transport). Any family that was unable to afford it at all, was covered in full. Not all the young people had families in the church – some were from the Biggin Hill community and had become involved via the Friday Youth group. Newday started a new journey in Christianity for five of the young people who were subsequently baptised at New Life Church.

A Youth Cafe was organised by our wonderful Youth leaders for the Summer and October 2022 half terms, to provide a safe meeting place for teenagers to drop in, bring friends and have a chat and to build relationships. The pool table and table tennis tables were used, and different themes given to days e.g., pizza or milkshake day!

The first baptism held in the church for 2 years was on Easter Sunday 2022 – with another five people being baptised after Newday in November 2022.

Page 5

Other achievement and performance: -

Ongoing pastoral/ outreach and discipleship groups and events-

Achievements and Performance

Page 6

An Action programme is underway to mitigate the major risks identified.

Events involving other World Nations:

Events involving the Biggin Hill Community

Page 7

.

Plans for the future

Finances and Reserves

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 £13,000 per month.

Our main operational expenditure for the period were staff costs and ‘overheads’ such as building maintenance and insurances. Our salary costs were actually, down from the previous year, due to a temporary reduction in staff numbers. We continued to invest in equipment to improve our capability to stream services and prayer meetings online.

We were pleased to be able to increase our outward financial support programme with regular gifts and support for mission and outreach projects in both the UK and Africa. We also took up Special Offerings for the relief effort in Ukraine and in the aftermath of the Turkey/Syria earthquake.

Our income from general Giving covered most of our Operational costs for 2022/23, with the shortfall being covered from reserves.

Page 8

Reserves and plans for the future

The level of general reserves is monitored regularly in conjunction with the Elders. At the end of the Financial year 2022/23, free reserves amounted to approximately £300,000.

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 2022/23, £55,000 was considered a prudent level of general reserve to be held. However, a full review of Reserve policy is planned to be held in 2023/24 to ensure that general reserves will be sufficient so that in the event of a significant drop in funding, the Church's current activities will be able to continue, whilst consideration is given to ways in which additional funds may be raised

In the short term, we are mindful that one of our employed Pastors will be leaving in late 2023 to take over leadership of a Church in Lydney. Thus, there will be changes to the leadership team and the likely recruitment of an experienced Church leader as well as another member of staff. This will mean an increase in staff costs (early estimate is an additional £22,000 for 2023/24) but as the various staff changes planned will be taking place over a period of several months, the increases in costs will not be fully seen until the financial year 2024/25.

Our Income from General Giving may cover the forecast increase in salary costs for 2023/24 but £22,000 will be designated in the Reserves, for these extra costs, as a precaution.

Plans are also in place for new boilers to be installed at the Church building in late 2023 together with an up grade to our electrical system. Alongside that, there will be additional P.Cs purchased for staff use. We estimate the costs of these improvements and upgrades will be circa £20,000 and this amount has been designated within our Reserves for these purposes.

Looking to the longer term, there remain outline plans to use some of the remaining reserves for further church development and local church planting.

Since the end of the last Financial year, regular giving averages about £14,000 per month which continues to largely cover our operational costs. Our Reserves are strong; the Trustees 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 2022/23 Accounts.

Page 9

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).

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to

any material departures disclosed and explained in the financial statements; and

  1. prepare the financial statements on a going concern basis unless it is inappropriate

to presume that the charity will continue in operation.

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.

On behalf of the Trustees:

(signed) Simon Turner Trustee Simon Turner

(signed) Neil Hardwick

Trustee Neil Hardwick

Date of approval of Trustee Report 15 January 2024

Page 10

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 31 March 2022 on pages 12 to 20 following, which have been prepared on the basis of the accounting policies set out on pages 14 to 15.

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: 17 January 2024

Page 11

NEW LIFE CHURCH, BIGGIN HILL

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2023

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Other income
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
£
217,214
4,702
130
222,046
221,578
221,578
468
-
468
300,721
301,189		 Restricted
Funds
£
105,428
-
-
105,428
109,935
109,935
(4,507)
-
(4,507)
70,922
66,415		 Total
Funds
2023
£
322,642
4,702
130
327,474
331,513
331,513
(4,039)
-
(4,039)
371,643
367,604		 Total
Funds
2022
£
281,803
5,085
-
286,887
305,816
305,816
(18,929)
-
(18,929)
390,571
371,643

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 14 - 19 form part of these accounts.

Page 12

NEW LIFE CHURCH, BIGGIN HILL

BALANCE SHEET

As at 31 March 2023

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
£
11,889
11,889
47,596
252,046
299,642
10,342
289,300
301,189
301,189
170,619
130,570
301,189
-
301,189		 Restricted
Funds
£
-
66,415
66,415
66,415
66,415
66,415
-
-
-
66,415
66,415		 Total
Funds
2023
£
11,889
11,889
47,596
318,461
366,057
10,342
355,716
367,604
367,604
170,619
130,570
301,189
66,415
367,604		 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

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

James Wicking James Wicking 14 January 2024 ---------------------------------------------------------------------------------------------------------------TRUSTEE SIGNED DATE Charity number: 1172916

The notes on page 14 - 19 form part of these accounts.

Page 13

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

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.

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 14

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

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
Other grants receivable
itable activities
Church activities		 Total
2023
£
258,978
10,000
47,672
5,992
322,642
Total
2023
£
4,702
4,702		 Total
2022
£
234,385
-
42,426
4,992
281,803
Total
2022
£
5,085
5,085

4 Charitable activities

Page 15

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

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
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
2023
£
126,668
23,572
2,612
2,142
7,858
126,942
289,794
Total
2023
£
3,600
3,600
25,170
3,681
7,285
1,982
41,718
331,513		 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

The fee payable to the independent examiner for preparing and examining the accounts is detailed above; in addition the charity paid £635 (2022: £875) and £150 (2022: £150) to Stewardship for payroll bureau and consultancy helpline membership respectively.

c Grants payable

Mission support
Relief of poverty
Educational grants
Other grants
For 2021/22
Mission support
Relief of poverty
Educational grants
Other grants
The charity's principal grants to institutions comprised:
Sponsorship Dihlabeng Christian School (SDCS), South Africa
Regions Beyond UK (Church planting and relief of poverty)
Hope for tomorrow (Education and poverty relief in Burundi)
Jubilee Church Hull
Catalyst Network of Churches
Keystone Church, South Africa
Breakthrough Trust
Grants to institutions for less than £1,000 each		 Institutions
£
26,201
8,305
75,900
200
110,605
Institutions
£
14,040
5,560
68,809
175
88,584		 Individuals
£
16,250
87
-
-
16,337
Individuals
£
10,700
1,000
-
-
11,700		 2023
£
42,451
8,391
75,900
200
126,942
2022
£
24,740
6,560
68,809
175
100,284
2023
£
75,900
26,942
2,614
-
1,649
1,200
1,200
1,100
110,605		 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

Page 16

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

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		 2023
£
104,664
6,481
15,523
126,668		 2022
£
112,861
7,204
16,170
136,235

The average monthly number of employees during the year was 3 (2022: 4). 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
37,464
-
11,863
S Turner
46,063
-
3,160
following amounts were payable in the previous year:
Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
G Wales
37,150
-
11,820
S Turner
45,750
-
3,120		 2023
£
49,327
49,223
98,550
2022
£
48,970
48,870
97,840

The following amounts were payable in the previous year:

During the year key management received employment benefits totalling £98,550 (2022: £97,840).

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 2022
Additions
At 31 March 2023
Accumulated depreciation
At 6 April 2022
Charge for the year
At 31 March 2023
Net book value
At 31 March 2023
At 6 April 2022		 Fixtures,
fittings and
equipment
£
19,815
-
19,815
5,945
1,982
7,927
11,889
13,870		 Vehicles
£
-
-
-
-
-
-
-
-		 Total
2023
£
19,815
-
19,815
5,945
1,982
7,927
11,889
13,870

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 17

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

8 Debtors

ors
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		 2023
£
47,596
47,596
47,596
2023
£
318,461
318,461
2023
£
5,423
4,919
10,342		 2022
£
42,355
42,355
42,355
2022
£
320,354
320,354
2021
£
-
4,937
4,937

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 £15,523 (2022: £16,170) were payable to defined contribution personal pension schemes. Pension contributions of £1,319 (2022: £1,337) 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
Sponsorship Dihlabeng Christian School (SDCS)
Burundi
Regions Beyond UK Fund
Missionary support fund
Overseas church funds
Dihlabeng Church support
Catering van fund
Biggin Hill projects fund
Crisis Care
Ukraine
Turkey & Syria earthquake fund
Aggregate of funds		 Opening
balance
2023
£
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		 Incoming
resources
2023
£
-
-
222,046
222,046
83,985
-
12,518
7,011
-
-
-
-
-
265
1,649
105,428
327,475		 Outgoing
resources
2023
£
-
-
(221,578)
(221,578)
(76,408)
(214)
(12,542)
(15,370)
(773)
-
-
(2,627)
(87)
(265)
(1,649)
(109,934)
(331,512)		 Transfers
in the year
2023
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2023
£
130,570
130,570
170,619
301,189
55,141
-
1,397
7,193
-
633
469
-
1,582
-
-
66,415
367,605

Page 18

NEW LIFE CHURCH, BIGGIN HILL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

Comparative figures for 2022
Designated Funds
Legacy
Unrestricted general funds
Restricted Funds
Sponsorship Dihlabeng Christian School (SDCS)
Burundi
Regions Beyond UK Fund
Missionary support fund
Overseas church funds
Dihlabeng Church support
Catering van fund
Biggin Hill projects fund
Crisis Care
Aggregate of funds		 Opening
balance
£
143,241
143,241
192,933
336,174
47,366
214
1,421
1
773
508
469
2,627
1,018
54,398
390,572		 Incoming
resources
£
-
-
187,769
187,769
74,043
-
-
25,076
-
-
-
-
-
99,119
286,888		 Outgoing
resources
£
(12,671)
(12,671)
(209,525)
(222,196)
(73,844)
-
-
(9,526)
-
-
-
-
(250)
(83,619)
(305,815)		 Transfers
in the year
£
-
-
(1,025)
(1,025)
-
-
-
-
-
125
-
-
900
1,025
-		 Closing
balance
£
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

Designated funds

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

Restricted funds

Sponsorship Dihlabeng Christian School (SDCS) 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:

14 Change of accounting date

The charity has changed its accounting date from 5 April to 31 March, and therefore the figures in these accounts cover the period from 6 April 2022 to 31 March 2023. The change in date has had no material impact on the numbers in these accounts and therefore the numbers for the prior year have not been restated.

Page 19

NEW LIFE CHURCH, BIGGIN HILL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 MARCH 2023

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Other charitable activities
4
Other income
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		 2023
2022
£
£
207,214
182,684
4,702
5,085
130
-
212,046
187,769
221,578
209,525
221,578
209,525
(9,532)
(21,757)
-
(1,025)
(9,532)
(22,782)
170,151
192,933
160,619
170,151
Unrestricted Funds - General		 2023
2022
£
£
10,000
-
10,000
-
-
12,671
-
12,671
10,000
(12,671)
10,000
(12,671)
130,570
143,241
140,570
130,570
Unrestricted Funds - Designated		 2023
2022
£
£
105,428
99,119
-
-
-
-
105,428
99,119
109,935
83,619
109,935
83,619
(4,507)
15,499
-
1,025
(4,507)
16,524
70,922
54,398
66,415
70,922
Restricted Funds		 Total
Funds
2023
£
322,642
4,702
130
327,474
331,513
331,513
-
(4,039)
-
(4,039)
371,643
367,604		 Total
Funds
2022
£
281,803
5,085
-
286,887
305,816
305,816
-
(18,929)
-
(18,929)
390,572
371,643

Page 20