## **New Wells Church Family**
Registered charity no. 1173803
## **End of Year Financial Statements**
## **Year ending December 2024**
Page **1** of **15**
## **Statement of Financial Activities**
||**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior**
**year**
**total**
**funds**
351,290
-
1,857
-
353,147
353,995
23,642
-
354
-
23,996
54,400
-
-
-
-
-
-
1,347
-
-
-
1,347
1,263
13,084
-
-
-
13,084
9,569
**389,363**
**-**
**2,212**
**-**
**391,574**
**419,227**
-
-
-
-
-
-
358,770
-
2,154
-
360,924
371,145
28,388
-
-
-
28,388
27,170
**387,158**
**-**
**2,154**
**-**
**389,312**
**398,315**
**2,205**
**-**
**58**
**-**
**2,262**
**20,912**
250
4,041
415
-
4,706
94,644
(4,456)
-
(250)
-
(4,706)
(94,644)
-
-
-
-
-
-
-
-
-
-
-
-
**(2,002)**
**4,041**
**223**
**-**
**2,262**
**20,912**
**92,590**
**2,078,775**
**(4,492)**
**- 2,166,873**
**2,145,960**
**90,588**
**2,082,816**
**(4,269)**
**- 2,169,135**
**2,166,872**|
|---|---|
|**Income and endowments from:**
Donations and legacies (Note 3)
Income from charitable activities
Other trading activities (4)
Investments (5)
Other income (6)
**Total income**
**Expenditure on:**
Raising funds (7)
Expenditure on charitable activities
(8)
Other expenditure (9)
**Total expenditure**
**Net income / (expenditure)**
**resources before transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains/losses on investment assets
Gains on revaluation, fixed assets,
charity's own use
**Net movement in funds**
**Reconciliation of funds**
**Total funds brought forward**
**Total funds carried forward**||
Page **2** of **15**
Balance Sheet
Asat
3111212024
Asat
3111212023
Flxed assets
Tangible Assets (Note 14)
2.343.550
2.343.550
2.345.075
2.345.075
Currenl assets
Debtors (15)
Cash At Bank And In Hand (16)
12.194
81,433
93.627
17,989
83,354
101.343
Llabllltlos
Creditors: Amounts Falliro Due In On8 Year {17)
9.249
13,245
13.245
Net eurrent assèts less current liabllltl
84,378
88,098
Total assets less current Ilabllltl08
2A27,928
2.433.173
Llabllltles
Greditors.. Amounts falling due after than yoar {18)
258.793
258,793
2,169,135
266.300
286,300
2,166,873
Tolal not assets less Ilabllhl•s
Ropro8ontsd by
Unrestrfcted
Unrestncted - General Funds
Deslgnated
Designated - Marw Fund
D85ignated- orseaS Mission
Designated - Premises Fund
Restrfcted
Restricted - Community (Mjtreath
Restricted - Fabric Fund
R8stricted- SperAal Offering
R8strfcted - Leadership D8vobpment Fund
92.590
2,082.816
2.078,775
(51
250
14,5141
283
{4,7751
Fund Totsls
2.169.135
2.166.873
The notes pages 4-15 fomi an integral part oftk£* accounts. The accounts were approveLI by theTrUst5
on 20 (ktotEr 2025 arKI sign1 on their llf ty Matthew W(KKlhill.
Signed by: Matthew W(KMJhill. Trnstees
20 OctotKr 2025
Page3 of15
## **NEW WELLS CHURCH FAMILY**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2024**
## **1 BASIS OF PREPARATION**
The accounts are prepared in accordance with the Charities Statement of Recommended Practice (Charities SORP 2021), FRS102 and with the Charities Act 2011
New Well Church Family is a registered charity (no. 1173803) and meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **2 ACCOUNTING POLICIES**
## **a Income recognition**
All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
## **b Donations**
Donations are accounted for gross when received. Fixed asset gifts in kind are recognised when receivable and are included at fair value.
## **c Legacies**
Legacies are accounted for when probate has been completed, the amount of the legacy can be reliably quantified and the conditions of the legacy are within the control of the church.
## **d Investment Income**
Investment income is included in the accounts in the year in which it is receivable.
## **e Expenditure recognition**
Expenditure is accounted for on an accruals basis. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
## **f Costs of raising funds**
The church does not make formal appeals for funds, and expenditure on these items is therefore not material.
## **g Grants payable**
The church makes grants to other organisations whose charitable objects complement its work. They are accounted for when remitted.
## **h Support costs**
Support costs are those that assist the work of the church but do not directly represent charitable activities and include office costs and governance costs. Where support costs cannot be directly attributed to particular headings they have been allocated to expenditure on charitable activities on a basis consistent with the use of resources. Much of the management of church ministry is carried out without charge by
Page **4** of **15**
volunteers. This intangible cost is not included in the Statement of Financial Activities since there is no measurable cost to the volunteers for their service.
## **i Fixed Assets**
Tangible fixed assets are capitalised if they can be used for more than one year and cost at least £2,000. They are initially recognised at cost, or for donated assets, at a reasonable estimate of their value on receipt.
There is no reliable information available for the cost of the church premises and so on first time adoption of FRS102, the insurance value used previously was adopted as deemed cost.
## **j Depreciation**
Depreciation is provided on fixed assets to write off the cost on a straight-line basis over their expected useful life, at the following rates:
Furniture and fittings 5 years
Computers and equipment 3 years
The church building and manse properties are not subject to depreciation as the intention is to maintain the buildings in such good repair that they continue to have an indeterminate useful life and the residual value of the properties is such that any charge would be immaterial.
## **k Funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for specific purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for specific purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Endowment funds represent those assets which must be held permanently by the charity. The church currently does not have any endowment funds.
## **l Employee benefits**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as an expense when they are due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in an independently administered fund.
Prior to 2012 pension provision was made through multi-employer defined benefit pension plans. Further information on this scheme is contained in Note 21.
Page **5** of **15**
## **3 DONATIONS AND LEGACIES**
|**ONATIONS AND LEGACIES**|||||
|---|---|---|---|---|
|**Unrestricted**
**Restricted**
**Donations and legacies**
Donations
283,285
1,320
Gift Aid
51,141
538
Grants received
5,000
-
The Well donations
11,863
-
Legacies
-
-
TOTAL
351,290
1,858
**THER TRADING ACTIVITIES**
**Unrestricted**
**Restricted**
**Other trading income**
Fundraising events
-
-
TOTAL
-
-||**2024**
284,605
51,678
5,000
11,863
-
353,147
**2024**
-
-||**2023**
270,051
49,073
22,500
12,371
-
353,995
**2023**
-|
||||||
||||||
|||||-|
## **4 OTHER TRADING ACTIVITIES**
In 2022 we held two craft fairs to raise funds for the church’s community outreach fund.
## **5 INVESTMENT INCOME**
|**NVESTMENT INCOME**||||
|---|---|---|---|
|**Investment income**
Bank interest
TOTAL
**THER INCOME**
**Other income**
Insurance refunds
3P Ministries
Other income
TOTAL|**Unrestricted**
**Restricted**
1,347
-
1,347
-
**Unrestricted**
**Restricted**
-
-
-
-
13,084
-
13,084
-|**2024**
1,347
1,347
**2024**
-
-
13,084
13,084|**2023**
1,263|
||||1,263|
||||**2023**
1,454
-
8,115|
||||9,569|
## **6 OTHER INCOME**
Page **6** of **15**
## **7 RAISING FUNDS**
|**AISING FUNDS**|||
|---|---|---|
|**Unrestricted**
**Restricted**
**Expenditure on raising funds**
Fundraising events
-
-
TOTAL
-
-|**2024**
-
-|**2023**
-|
|||-|
## **8 CHARITABLE ACTIVITIES**
|**Expenditure on charitable**
Ministry
Mission
Staff costs
Establishment/Administration
TOTAL|**Unrestricted Restricted**
**activities**
63,157 1,914
38,775
-
116,257
-
-
-
218,188
1,914|**Allocation**
**of**
**support**
**costs**
9,357
-
55,214
76,251
140,821|**Total**
**2024**
74,428
38,775
171,471
76,251
360,924|**Total**
**2023**
79,488
71,482
133,894
86,281|
|---|---|---|---|---|
|||||371,145|
Allocation of support costs includes £239.40 expenditure of restricted funds
NI Allowance of £5000 (rebate) is included in the staff costs 2024
## **9 OTHER EXPENDITURE**
|**Other expenditure**
Loan interest
Independent Examination
Depreciation
TOTAL|**Unrestricted**
**Restricted**
20,237 -
1,630 -
6,521-
28,388-|**2024**
20,237
1,630
6,521
28,388|**2023**
19,479
1,680
6,011|
|---|---|---|---|
||||27,170|
Page **7** of **15**
## **10 SUPPORT COSTS**
|**UPPORT COSTS**|||
|---|---|---|
|**Support costs**
Staff costs
Rent
Telephone and internet
Utilities and council tax
Building repairs and maintenance
Insurance
Office and administration
Equipment, furniture and fittings
Memberships and subscriptions
TOTAL|**2024**
55,214
15,350
3,610
22,184
16,650
5,051
17,921
3,698
1,144
140,822|**2023**
34,759
13,575
3,950
27,024
17,818
3,270
15,824
23,600
1,356|
|||141,176|
## **11 GRANTS PAYABLE**
|**Grants payable**
BMS World Mission
Baptist Union (Home mission)
3P Ministries (general)
3P Ministries (church planting
in Tajikistan)
Fountain Church, Ashford
Community Action Romania
RCO Ministries
Espero Global
Baptist Twinning INEC
Ashford Street Pastors
D & D Flynn - Deaf Awareness
Dnipro Hope Mission
Other (gifts of £1,000 or less)
TOTAL|**Unrestricted**
**Restricted**
2,000
-
7,000
-
7,000
-
4,000
-
-
-
3,000
-
5,000
-
-
-
2,000
-
2,000
2,640
-
-
-
4,045
-
38,685
-|**2024**
2,000
7,000
7,000
4,000
-
3,000
5,000
-
2,000
2,000
2,640
-
4,045
38,685|**2023**
7,000
7,000
3,000
-
2,000
2,000
2,000
1,500
-
500
-
2,439
3,200|
|---|---|---|---|
||||30,139|
Page **8** of **15**
## **12 NET INCOME FOR THE YEAR**
|**NET INCOME FOR THE YEAR**|||
|---|---|---|
|**Net income for the year**
Stated after charging(/crediting):
Independent examination
Other services
Loss(/gain) on disposal of fixed assets
TOTAL|**2024**
-
-
-
-
-|**2023**
-
-
-
-|
|||-|
## **13 STAFF COSTS, TRUSTEES’ EXPENSES AND RELATED PARTY TRANSACTIONS**
|**Staff costs**
Stipends, salaries and wages
Employer’s National Insurance
NI Allowance
Pension costs
TOTAL|**2024**
151,879
10,721
(5,000)
13,871
171,471|**2023**
119,966
8,672
(5,419)
10,675
133,894|
|---|---|---|
The average number of employees during the year was 9
During the year the church employed two ministers, one minister-in-training, a café manager, a media & communications manager and three cleaning staff. No employee received total remuneration in excess of £60,000 during the year.
The remuneration and benefits of key management personnel total £85,800.
In addition to the paid members of staff, many volunteers give their time and expertise in the delivery of the church’s ministry.
## **Trustees and related parties**
The two full-time ministers, Rev M Hirst and Rev K James, serve as trustees in accordance with the church constitution. In 2024 they received the following remuneration and benefits in respect of their services as ministers. Each minister also occupies a manse owned by the church.
Page **9** of **15**
|**Managing trustee**
**remuneration and benefits**
Stipend
Employer's National Insurance
NI Allowance
Pension costs
Council tax and utilities
Travel expenses
TOTAL|**Rev M**
**Hirst**
40,040
4,270
(1,992)
4,820
4,353
89
51,581|**Rev K**
**James**
31,460
3,086
(1,439)
3,980
1,651
-|
|---|---|---|
|||38,738|
A number of trustees and related parties were reimbursed for expenses incurred wholly and exclusively for the charitable activities of the church. Such expenditure is not disclosed.
£325.65 in total was paid for three Trustees in respect of travel and training expenses.
Total donations received from the trustees amounted to £36,507 during the year. Donations to NWCF from related parties (individuals) amounted to £10,980 during the year.
## **14 TANGIBLE FIXED ASSETS**
|**ANGIBLE FIXED ASSETS**|||||
|---|---|---|---|---|
||||**Computers**||
||**Land &**|**Furniture**|**&**||
|**£**|**Buildings**|**& Fittings**|**Equipment**|**Total**|
||LB|FF|EQ||
|**COST OR VALUATION**|||||
|At 1 January 2024|2,337,250|
178,431|
5,919|2,521,600|
|Additions|955|
0|
4,041|4,996|
|Disposals|0|
0|
0|0|
|At 31 December 2024|2,338,205|
178,431|
9,960|2,526,596|
|**DEPRECIATION**|||||
|At 1 January 2024|(672)|
(170,289)|(5,565)|(176,525)|
|Charge in year|(2,015)|
(3,366)|(1,140)|(6,521)|
|Net impairment movements|0|
0|0|0|
|Depreciation on disposals|0|
0|
0|0|
|At 31 December 2024|(2,687)|
(173,654)|(6,705)|(183,046)|
|**NET BOOK VALUE**|||||
|At 31 December 2023|2,336,578|
8,142|
354|2,345,075|
|At 31 December 2024|**2,335,518**|**4,777**|
**3,255**|**2,343,550**|
Land and buildings comprise the church premises on Hythe Road and two manses. The church premises value is based on insurance valuation (last revalued 2015).
Page **10** of **15**
## **15 DEBTORS**
|||**2024**||**2023**|
|---|---|---|---|---|
||**Debtors**||||
||Accrued income|12,194||14,103|
||Prepaid expenses|-||3,886|
||TOTAL|12,194||17,989|
|**16**|**BANK AND CASH BALANCES**||||
|||**2024**||**2023**|
||**Bank and cash balances**||||
||CAF Cash account|25,623||8,157|
||CAF Gold account|40,323||57,021|
||Metro Community account|15,487||18,176|
||Barclays Current account|-||-|
||TOTAL|81,433||83,354|
|**17**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**|||**YEAR**|
|||**2024**||**2023**|
||**Creditors: amounts falling due within one year**||||
||Loans and overdrafts||-|-|
||Other creditors|7,696||8,476|
||Accruals and deferred||||
||income|1,553||4,769|
||TOTAL|9,249||13,245|
## **18 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
|**2024**
**Creditors: amounts falling due after more than one**
Baptist Union Loan
258,793
TOTAL
258,793|**2023**
**year**
266,300
266,300|
|---|---|
The Baptist Union loan was taken out in 2021 to purchase the manse at 28 Sandilands and has a term of 20 years.
Page **11** of **15**
## **19 MOVEMENT OF FUNDS DURING THE YEAR**
|**Restricted**
**funds**
Community
outreach
Overseas mission
Special – Special
Offering
Fabric
Leadership
development
TOTAL
**Unrestricted**
**funds**
General
Overseas mission
Premises
Manse
TOTAL|**01-Jan-**
**24**
**Incoming**
**resources**
**Outgoing**
**resources**
**Transfers**
**Gains**
**and**
**losses**
**31-Dec-**
**24**
283
1,211
(1,499)
-
-
(5)
-
-
-
-
-
-
(4,775)
500
(239)
-
(4,514)
-
-
-
-
-
-
-
-
(415)
415
-
-|
|---|---|
||(4,492)
1,711
(2,154)
415
-
(4,519)|
||92,590
389,363
(387,158)
(4,206)
-
90,588
-
-
-
-
-
-
2,078,775
250
-
4,041
-
2,083,066
-
250
-
(250)
-
-|
||2,171,365
389,863
(387,158)
(415)
-
2,173,654|
Purpose of restricted and designated funds
**Community outreach** – This fund was established to receive funds in support the church’s work in the community, including activities coming under the umbrella of ‘Love Willesborough’.
**Overseas mission** – This fund is used to support mission work in other countries.
**Special Offering** – This was used to raise funds for the mezzanine
**Fabric** – This fund is used for grants and funding for the refurbishment and development of the church premises.
**Manse** – This was used to raise funds for the purchase of a second manse in 2021.
**Premises** – This fund is used to house the value of the church premises, fixtures, equipment etc, and two manse properties.
**Leadership development** – This purpose of this fund is the development of leaders and it is currently used for the LEAD intern programme.
Page **12** of **15**
## **20 ANALYSIS OF NET ASSETS**
|**Analysis of net**
**assets**
Tangible fixed assets
Investments
Net current assets
BU loan
TOTAL|**General**
**Designated**
**Restricted**
259,779
2,082,816
955
-
-
-
107,665
(262)
(23,025)
(258,793)
-
-
108,651
2,082,554
(22,070)|**Total**
**funds**
2,343,550
-
84,379
(258,793)|
|---|---|---|
|||2,169,135|
## **21 PENSIONS**
The Church is a participating employer the Baptist Pension Scheme (“the Scheme”), which is a separate legal entity administered by the Pension Trustee (Baptist Pension Trust Limited). The assets of the Scheme are held separately from those of the Employer and the other participating employers.
The Scheme, previously known as the Baptist Ministers’ Pension Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011. Prior to this date the main benefit provided through the Defined Benefit (DB) Plan was a pension of one eightieth of final minimum pensionable income for each year of pensionable service together with additional pension in respect of premiums paid on Pensionable Income in excess of Minimum Pensionable Income.
From January 2012, pension provision is being made through the Defined Contribution (DC) Plan within the Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6% of members’ Pensionable Income into individual pension accounts, which are operated and managed on behalf of the Pension Trustee by Broadstone Corporate Benefits Ltd. In addition, the employer pays a further 4% of Pensionable Income to cover Death in Service Benefits, administration costs, and an associated insurance policy which provides income protection for Scheme members if they are unable to work due to long-term incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Aviva Limited. [Members of the Basic Section pay reduced contributions of 5% of Pensionable Income, and their employers also pay a total of 5%.]
The Scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. Because it is not possible to attribute the Scheme’s assets and liabilities to specific employers, the scheme is accounted for as if the Scheme were a defined contribution scheme.
The Minister(s) [and some members of the church staff] is / are eligible to join the Scheme.
## **Actuarial valuation as at 31 December 2019**
A formal valuation of the DB Plan as at 31 December 2019 was carried out by a professionally qualified Actuary using the Projected Unit Method. At the valuation date the market value of the DB Plan assets was £298 million, whilst the level of assets needed to pay benefits was £316m, giving a deficit of £18m (equivalent to a past service funding level of 94%). The Church and the other participating employers in the DB Plan are collectively responsible for funding this deficit.
Page **13** of **15**
The key financial assumptions underlying the valuation were as follows
|**Type of assumption**|**%**|
|---|---|
||**p.a.**|
|RPI price inflation assumption|3.20|
|CPI price inflation assumption|2.70|
|Minimum Pensionable Income Increase Adjustment (above CPI)|0.50|
|Pre-retirement assumed investment returns (gilt yield plus 1.75% pa)|2.95|
|Post retirement assumed investment returns (including benefits|1.70|
|matched by the insurance policy) (gilt yield plus 0.5% pa)||
|Minimum Pensionable Income increases (CPI plus 0.5%)|3.20|
|Deferred pension increases (based on RPI)||
|Pre April 2009|3.20|
|Post April 2009|2.50|
|Pension increases||
|Based on CPI with an annual floor of 0% and annual cap of 5%|2.70|
Mortality is assumed in accordance with 80% of the S3NA standard mortality table. Future improvements projected from 2013 in line with the “CMI 2019” projection with a long-term rate of improvement of 1.75% p.a. for males and 1.5% p.a. for femaleswith the core smoothing parameter and with additional initial mortality improvement factor A=0.5%.
The next actuarial valuation of the DB Plan within the Scheme was due to take place not later than as at 31 December 2022. However, the DB Plan is to be wound up, and the process to wind it up was started with effect from 31 March 2024 and therefore no formal valuation is due to take place.
## **Recovery Plan**
In addition to the contributions to the DC Plan set out above, where a valuation of the DB Plan reveals a deficit the Trustee and the Council agree to a rate of deficiency contributions from churches and other employers involved in the DB Plan. Following the 2019 valuation a Recovery Plan was signed in September 2020 under which deficiency contributions are payable until June 2026.
These contributions were broadly based on each employer's membership at 31 December 2014 and increase annually in line with increases to Minimum Pensionable Income as defined in the Rules. On 30th June 2022 the Baptist Pension Scheme signed an agreement with the insurance company Just Group (“Just”) to secure DB Plan members’ pension benefits. Just are now providing financial backing for all pensions provided through the Scheme’s DB Plan and, following this transaction, the Scheme no longer has a shortfall. An updated Recovery plan was then signed in August 2022 under which recovery contributions from each participating employer in the DB Plan reduced to £1 per month from August 2022. These contributions are payable under the recovery plan until June 2026. The outstanding deficiency contributions due under the Recovery Plan are not considered material and therefore have not been included in the balance sheet.
## **Pension cost**
|**ension cost**|||
|---|---|---|
|**Pension cost for the year**
DC contributions for ministers
DC contributions for staff
DB deficit payments
TOTAL|**2024**
11,227
2,644
10
13,881|**2023**
9,655
1,009
12|
|||10,676|
Page **14** of **15**
## **22 RELATED CHARITIES**
## **Baptist Union**
The custodian Trustee of the church is the Baptist Union Corporation Limited which is charity number 249635, and which is controlled by the Baptist Union Council. The church is also a member of the Baptist Union of Great Britain and the South East Baptist Association.
The church is in receipt of a loan from the Baptist Union Corporation as set out in note 18.
The church made a donation to the Baptist Union Home Mission Scheme as set out in note 11.
## **Willesborough Baptist Church Pre-school**
Willesborough Baptist Church Pre-School operates out of the church premises and pays rent to the church for this. It is registered as a charity (no. 1175202). The Lead Pastor of New Well Church Family serves as Chair of Trustees of the Pre-school.
## **Brabourne Baptist Church**
In 2022 NWCF entered a partnership with Brabourne Baptist Church (BBC) and both churches signed a memorandum of understanding. The partnership is designed to be mutually beneficial, with joint initiatives and shared resources. BBC makes a monthly donation of £2,500 to NWCF. NWCF supports BBC with pastoral support, some assistance with media and administration.
|**Income from BBC**
Donations to NWCF from BBC
Reimbursement of expenses
TOTAL|**2024**
**2023**
30,000
22,000
2,402
2,707|
|---|---|
||32,402
24,707|
## **3P Ministries**
Rev Mark Hirst works part-time for 3P Ministries (charity no. 1097597). In 2024 3P Ministries contributed a total of £12,976 in towards his salary. In 2024 NWCF supported 3P Ministries with financial gifts of £7,000 (general gift) and £4,000 (for church planting work in Tajikistan) as part of the church’s annual allocations.
Page **15** of **15**
Independent Examine¢s Report to the Trustees of Incorporated Charity
New Wells Famiy Church
I report to the charity trustees on my examination of the accounts of the Company
for the year ended 31 st December 2024
Responslbllltles and basls of report
Athe charity'strustees ofthe company (who are also directors of the companyforthe
purpose of cornpany law), you are responsible forthe preparatlon of the accounts in
accordance with the requirements ofthe CompaniesAct 2006 {he 2006 Act2)
Having satisfied myself thatthe accounts ofthe Company are not required to be audited
for this year under Part 16 of the 2006 Act and are eligible for independent examination,
I report in Spect of my examination of your chantys accounts as carried out under
sectlon 145 of the Charltles Act 2011 ("2011 Act"). In carrylngout myexamination. I have
followed the Dlrectlons given bythe Charitycommission (under section 145{5)(b) of the
2011 Act.
Independent oxamln•fs Statement
The company's gross income exceeded £250,000 and l am qualffied to undertake the
examination by being a quallfled memberofthe Association of AccountingTechnicians.
I have completed my examinab"on. I confim that no material matters have come to my
attention which gives me cause to believethat:
11. accountlng recordswere not kept Sn accordance wlth sectlon 386 ofthe
Companles Act 2006; or
21. the accounts do not accord with such records; or
31. the accounts do not complywith relevant accounting requirements under section
396 of the Companles Act2006 otherthan any requlrementthatthe accounts give
a'true and fair vlewwhich is not a matter considered as partof an independent
examination; or
41. the accounts have not been prepared in accordance with the Charttles SORP (FRS102)
I have no concerns and have come across no other matters in connection with the
examination towhich attention should be drawn In this report In orderto enable a proper
understandingof the accountsto be reached.
signed:
dated. I5- OcE&ef 2Q25
Mrs Lesley Grove FMAAT
Accuracy Accounts
Sunnyside
Church Lane
Petham
Canterbury
Kent CT4 5RD
**NEW WELLS CHURCH FAMILY, Hythe Rd, Willesborough, Ashford, Kent. TN24 0QR Registered Charity Number: 1173803 The Trustees present their Annual Report and Financial Statement for 2024.**
## **Aims and Purposes**
New Wells Church Family (New Wells), formerly known as Willesborough Bap=st Church, is a charitable incorporated organisa=on and is governed by an Approved Governing Document which states that the principal purpose of the charity is the advancement of the Chris=an faith according to the principles of the Bap=st denomina=on to include the advancement of educa=on, community service and such other general charitable purposes in such parts of the United Kingdom and the world as the Church shall determine.
The Church occupies premises which are held by the Bap=st Union Corpora=on Ltd on Trust which are en=rely compa=ble with the above objec=ve.
## **Objec3ves and Ac3vi3es**
Our aim is to show the love of Jesus Christ in both word and deed and to bring people into a closer rela=onship with Him as Lord and Saviour. We are passionate worshippers of God who love Him with all our heart, soul, mind, and strength. We are commiNed to His teaching and way of life and seeing new believers come into a personal rela=onship with Jesus Christ as their Lord and Saviour. The Church provides a variety of ac=vi=es both to its membership and to the community generally. All these ac=vi=es are adver=sed on the Church’s website: www.newwells.church and many are also adver=sed on social media.
## _Church services_
Central to the work and witness of the Church is the provision of regular public services of Chris=an worship. Our main services take place each Sunday at 10.30 a.m. There are also occasional services at other =mes which are adver=sed in the church weekly update, the church website at www.newwells.church and hNps://www.facebook.com/newwellschurch. We also con=nue to broadcast services at 10:30 via Livestream on our YouTube channel @newwellschurch and Facebook for people who are unable to aNend in person for any reason, and to widen our reach. There is a full children’s programme and youth provision on Sunday mornings.
We also make the Church available to a Nepalese community – Gethsemane House of Prayer – who use it for their own church services, prayer mee=ngs and Sunday School.
## _Children and youth_
During the week Tot’s at the Well created a space where parents and carers could come with their preschool aged children to build community with other parents and engage in ac=vi=es to help their children grow and learn together. In the Autumn we launched a new Tot’s group at Brabourne alongside the already successful Oasis Cafe which has been a huge boost to the local community and seen many young families able to access community and support, while building connec=ons with the older genera=ons who aNend the café.
Our youth aged 11-17 con=nued to meet on a Friday evening where they were able to make friends, have fun and be introduced to the Chris=an faith. For those who wanted to go deeper in learning
about Jesus, a youth Bible study met on Monday evenings. Once again we were able to take some members of the Youth Group to the Big Church Fes=val weekend.
## _Prayer_
Prayer remains a high priority for the church and there are several opportuni=es outside of the normal church services to pray with each other:
- Early morning prayer at 6.30 a.m. via Zoom every Thursday.
- Morning Prayers via Facebook each weekday morning at 08.00 a.m.
- Twice-monthly corporate prayer at the church premises.
- Frequent social media posts sharing tes=mony, inspira=onal thoughts, and general encouragement.
- make the space comfortable and engaging offering another way/loca=on to pray.
- Our Maundy Thursday half night of prayer and worship from 8 p.m. to midnight to
- Fortnightly Thursday morning prayer at Brabourne to pray for the church and the local community.
## _Hospitality_
Throughout the last year we regularly held a meal for newcomers to welcome them into the church family. We also held a Vision Lunch for new members to share the vision of the church and explain the benefits of membership. We held a Church Family Christmas Meal on 12[th] December where the Church Leaders hosted a meal in the church for the whole church family, including some guests from the local community. On New Year’s Eve, we held our first New Year’s Eve party and worship with food, games, entertainment and worship into the New Year. This was appreciated by people from across church life and the wider community.
## _Other Community Outreach_
The Well, our community café, was open on Tuesdays, Thursdays and Saturdays throughout the year serving hundreds from the local community every week. Thanks to the Community Fridge and emergency food parcels through FareShare, we were able to support many individuals and families in need throughout the year. Within The Well, we also held Renew Wellbeing, a safe shared space where it is ok not to be ok. Renew supports those struggling with their mental health and enables them to build connec=ons, engage in simple hobbies and access support. We launched our CAP lifeskills course which supports people struggling financially to live within their means, eat well, grow in self-confidence and build healthy rela=onships.
The Real Meal provided a monthly space for men to connect with each other, build rela=onships and be inspired by a talk on a Chris=an theme. This was held at a local pub in Brabourne.
We con=nued our fortnightly Art Group to encourage and teach drawing and pain=ng skills. We held a regular craj group called Crajy Cuppa each month which was open to everyone and offered the opportunity to share skills and fellowship.
In July we hosted a free community event on our car park with bouncy castles, a train ride, BBQ and crajs with around 400 people from the local community aNending.
In October we provided a water/hype sta=on for the Givaudan 10k road race outside of the church which was greatly appreciated by the runners.
We con=nued to open our Stepping Stones Contact Centre - to enable separated parents to see their children in a supervised and safe environment fortnightly on a Saturday morning. Our building was also used by other organisa=ons, including North Willesborough Community Forum, Eat Well Spend Less Roadshow, Al-Anon and the local Councillors who held their surgeries in The Well on a Saturday morning.
We once again held our Very Messy Christmas event where we opened the church to the community and provided crajs, a dressing up photo booth and opportuni=es to pet small animals. This was very well received and was all free of charge. We also provided food for approx. 450 people aNending.
## _Discipleship_
We con=nued our objec=ves of regular Bible teaching, encouraging spiritual growth, pastoral care, and community involvement in many different areas. We con=nued developing our discipleship groups encouraging people to join a small group to meet and discuss scripture and apply it to their lives on a weekly or fortnightly basis. We held Exploring Bap=sm courses online and saw 15 people being bap=zed this year, the most on record for any year. In the Autumn 166 people signed up for our Freedom in Christ course which has a significant spiritual impact on individuals and the church as a whole.
## _Raising up leaders_
mentoring. We held teaching mornings on Saturdays which form part of the Lead Intern Program training, but we made them available to anyone who wanted to aNend. We had several people from other churches taking up this opportunity. We had significant input on leadership development from Adrian and Laura Lock from Enabled Leaders and Pieter Lalleman led a teaching day once more on Revela=on. Paula Chegwin con=nued her studies as Minister in Training coming into her final year at Spurgeon’s in the Autumn.
## _Brabourne Bap