R4stued Charity Number: 1174129 Company number: l(%15097 The Brfdse. New Ufe thurth AIINUAL REPORT AND U14AUDrrED FINANCIAL STATEMENTS For the year ended 28 F¢bry 2024
Legal and admlnlstTatre knfwmatlon Tru5tees' anrwl report ststanent of flnandal actlwtles Balance sheet Notes to the accounts io-
for the ytar ended 28 Febrnary 2024 Blseykn*s Sandra Mulllns Matthew H(h4gkinson Scott Pell Katreena TomInS Ann Ramsdale AN1ftted 9 W 2023 Resd 9 May 2023 9 Sifverdales Dinnin8t Sheffield S25 2RS 10615097 Chartty rtwnber 1174129 Seven Hills Accwntants Umtted 57 Burton Street Sheffield S6 2HH
The trustees are pkased to wesent theSr Te annual report ttyaethtt with the financial ststements ofthe dwrityforthe year endin& 28 Fetsnry 2024vthich are also prepared to meetthe requirements for a director< report and aCCnts tr Companies Art Ixrpos& The finanaal statements comFy with the Charltles Art2011, the Companles Act 21x6. Memorandwn and Artides ofA550datlon. andthe tharitlesststement ol Ilecomfflended Pr4rtlce (applicable to tharities prepari their accounts in aCttsrdan with the FinaKlal Rewtiw Standard applicable In the UK and Ilepiiblic (rf Ireland: FRS 102) Issued In OLtoLw2019. It is the purpose of The BYe . New Life Church to wmd. present and aclivefy INe cmrt the 80(xl news of JESUS CHRisf accordit0 the Holy Scripturts and to demonstre the 1tr4e al G¢rf In word and deed, to the whde of society, helpi to meet the needs of all ¥wle5 whether these be spirltual. nural. physlcal. emotINl or educational. as we are alAe. The YYds of Jesus command us to let and pod deak shh Into the wtym,. We shall endeavourto do so, be8innin8 with the wnmed•ate vklnity of Dlrbnirwn and extendlng outwards even to Idenffied needs In other cowrtfles Irrespecll¥e of race, natxlnallty. culture. faith belletsor n(w. We are a tsmlty thurch with pe from al ages, b•th4rwnds and cultwes. As a Pentecostsl thurth v a part ofthe In the UL We 4rewaTrn and frlendly, wxl alm to be a e¢Kon of Iwe, eost oAthe MJ,. The ott of the Charity are: • to att¥ancethe ChTlstlan faith in acCOrdar with the ststement in such ways and in such parts al the United Kingdorn or the worfd as the dilect$ fr(n tlme to tlme maythlnk fft: • to rel slcknv•S and financial hardsl¥p to womote and preserye good health by the provision of funds goods or ser¥1 of any kind irKludlng thr(Mh the wovlsion of counsellir and support In suth parts of the untted kIdn or the worfd a5 the directors from tkne to tlme think fit; and to advance edwatM>n In such ways aThl In parts of the unlted klnsdtyn cff the world as the dlrectors from tolhne may thlnk fft Whllst plannlrwd theii actlvitles the trusttt5 hm hal rn8ard to the auIdan Issued by the Charity C<mmission on pukASc benefft. aThl in rtICUlar the specific 8uidance relatin8 to thari1s the advaner1t0f reli8lon. The thurth does not dbarye fees fwtheir actNltlek Regdar Momln8 Worship Serkn are held every 11¥1. The Ctgrekn has increased over the year with between 40 .50 regular attenders as comp3red to 3W the year before. The servi IrudeS communlon, where families and friends (an wtiapate toBets, on a ekty basts together. Also incknled are teathIn based on the W(*d of God i.e. the Bible. The service beiins and ends with praise and worship led by the Worshlp team, made up of muslcians and singers from the congregati. Thi5 is an opportunlty fty Indhidual prayEr and worslwp. Fellowship before and after the meetSng encourage5 people to open up and share problerns and requ fw pray wlth leadsto suwort and indusion. We are a tdmily and watch at and Te foreath th.
Ats communion. the dmldren between 5 and 12 yes go into the designated children's rrn for their i>vJn chikkfriendfy Sery1 vthith indudes garn stofies arKI uaft all based on the Bible to encourage an understanding and a love for &id. Cafe thurch is held twice a month, In the evenk¥. The ser¥tce is held In an InftKmal settln8 wlth chairs around coffee tables. wlth coffee and cae wovided. The ser¥ite Indudes worshlp and either a pson 8i¥ing thelr lffe story {testim(xry}, or missionary thers infoTmiry us of the wxk they do either here in the UK or abroad. Ths encourdges the churth membtrs to see God's in act1. Non regular thurth attendees are encouraged to cune tothese meetlr Pi¥yer Meetln85 are held twlce a week to enable thwch member5 to get tO8th to rny for the thth and the local c¢ynmunlty as well as wlder r•rld Issues. Z(xwn meetlnBs stsrted durlNa the cr kk&>wTh and have contlnued once a week for those are unabte to p•¢111¥ aetto thurch to have felloPw1th re8ular churth attende. It15 atlme of waver, evMeTht and a look at Go$ word. , look * Gotts word and encoura8e eath other. This oftth irthmles a meal and fellothip. Earller thls year we Tan a Olsdpleshlp course whkh lasted a few month& Thls was a small group whlth met a regular ba4s to work thrTh4h a by Greg 08den called [5dple5hlP Esswtlab,. The alm of the course was to encourage to make disciples of others. We also ran a MIDl#ry course. once a m(xrth. Thls vras led by a scholar VAM) has taught Mlnistry all over the W(Id to teach members how to comprtse and deli¥er a sermon. Thjs TaS attended by a small 8roup of 6 and has resulted in a few stepplr out in falth aThl del1ver1 a sermon on a Sunday mornln& The thurch kltchen has been refurbished to meet the requlrements for the HyBlefie Certlficate and vrd5 en a ratin8 of S. Thls has enabled us to Wd a breakfast fN members and their frlends to encourage fell<bw5hlp and combat15olatloD. Youth Meetln8- twlce a rnorrth for 12- 18 years oldstsre can welaL play 8arn4 meet frlerth In a safe, dru8and akoTrMJl freeen¥irLwffint sed ty D8Sthecked Chrlstlan adults. The meetin8lrdudes a short snippet from the)Bth encow¥in8 them to further study the BilAe and ask questk)n5. Heart of KnlttlnL thls ts an external woup whlch usesthe thurth fadttie& The group kn tharlty by knIttI baby hats and cardlgans for Jessops, the Cl¥ldren's Hosmal aln Sheffield nd for less knunate families in the area. Ladies BAG IBefriendiTra AriW Group) meet once a week in the thurch to clxnbat isolatJn, and 8i¥e support for mental health for la(Mes In the crynmunity. This youp ts by a BACP rewrtered F(#)tbal at the fCtb3ll area tskes place once a week (Tmther pem1tt1}. thurth rnembe who have been DBS checked suwthise 8ame sesslons lotal thildren who Just w) In to enj a game of
Street Work. ¢)cca5ionally a COU will vRlkthe streetsof DiMirWn, 1TrtheevantO meet andenga8e with local resldentsto en(1age and suppytthem wilh prayer and help. Wewlll colrtlnuewlth the actlvitles listed alxh and411 de¥elopthem asand then wrth are wdllable. This is often a thallen8e as we are onty a small thurth. We are Invftlng an enthwlastlc ell$t to come w(xk wlth u5 wd en(x)ura8ir¥ other members of the thurth to be evan8ellsts wlth help and traini New Christians. toeetherwlth OtherS¥h are Interested. will be In¥ltedto a'thrlstlanlty Explored, course to stren8thenthelr faith and underStsndir of Gods word and what It meansto be a Chri5tlan. At a recent ffleetl of the Ladles 8AG. Group It dedded to relaunth the monthly mffee mornln85 on the first Frthy of the month from 5wlns ol next ar. No.9. EXtenSe recons0 wlxk Is beln8 arrknl (xrt to No. 9 Slfverdales to C4)nvert tt Irlto ¥ meetl room communlty use and a self<ontsSrd flat Thts TAork has r#X 8one as qulckty as we antldpated but when completed wlll yovlde on additional meetlng Pl for the thurth whith will be available to the der community. The flat towher wlth no.11 Silverdales (also owned the Churth) wlll be used to house *vrkers for the thurth We are always worklng to Increase the re83tim Nmbets ar w)rker5 to undertake dlffertnt actNldes whith wlll benefrt the cmUnIty A mlsslon5trlp is planned for 2025 toTurkey. The thurth has undertaken slmilar mlsskn trlps In the past and the trip is ained at offering physical help regardsn81Ik1Tr& palntin& etc aswell asfinèncial support We have continued to supportour Mlssion partnvs tr4erseasfinandaty. Dur13 the flDandal year 2023- 2024 we sUpPted w(wk In tsrael. Philippines. Unlted Kin8dryn. Uganda and WO of Worth. In addltion a considerabk donJdon was sent to the Ul4alMwi)cco Disaster Fun The InCe for the ye•r to 28 FebTUary 2024 w35 £64,102 {2023: 517801. ExpendTwre for the year d5 £55,57012023: 70,478), wving a nEt surplus of £IP2212023: deficit of £17.698). At the year end fund balaKeswere £354,822 (2023: £346). split betwew: General fund5 É59,767 {2023: £39,ffi6) Designated funds (indlIlIX assets) Q91.2n (2023: £ts362) Restrirted fund5 £3.78412023: £1.862)
The trUStee5 have detemilned a target of 3 fflth$ runnln8 costs to be wfficlent re5eThes held, thlch1s approxlmatety £22SCKI In totsl. As at February 2024 the free re5eThe${8u11 funds exduding fed assets) we £59.603 (2023: 39.066). In adthtlon £291271120U: £3053621 was held In denated fvn(ts. relathw to: £234.871 {2023: £247.341) property fed assets • £24,28912023: £25.9101 held towants pwopefty refurtiislmnent costs £32.11112023: £32.111) set aside to contribute towayds worker to#s The refurlJshln8 of No. 9 has pnr4ed more expensfve than inallY experted and surplus general funds wlll be utllbsed to furnish the property orKe refurblthSry work has been completed. We wlll coDtinue to tMAld the Worker fund to efiable us to offer a secure term of emthment should a suftable appllcant be found. The or8anlsallon Is a drttable c(xnpary Ilmlted by 8uarantee. Incorporated ffi 13 February 2017 and re8lstered as a tharlty on 4 August 2017. The company was estsblished a Memorandum Assoclatk•n whlth estawished the objects and ptywers of the thartsble company ar Is 8overned Under its Micles of A$sodaon. In the event of the o)rybany bel *A)und up manbers are required to contrlbute an amount not exceed{ £1. The or8anSsation is mana8ed by a board of Trustees meet on a fegular basls either in person or via Zocm to discuss any issues that have arisen and to oversee any ewthre that has been undertaken or 15 planned. other aspects of Health & Safety, etc. are also standard agenda iterns. The day to day operatlons are carfled out by the Senk)r Pastor lthe onty pald emplryee) SUPPDrted a team of %x)lunteets who undertake the various a4)ects of thurthwork e & Youth and Chlldren's ministry, Mlsslons mlnistry, Worship mlnistry. eto
The Brf. New Ule Chu Ffy the )ar ended 28 Felmmry 2024 The charity trustees (Who are also the direLtrS of the charity for the purFWS of cgthpary law) are reSp(Ible forpreparingaTrusteg annual reportalfinaN)aI statements in accdanwlth applicable lawand Unlted KlngdomkntIfi85tsndard5qUn1ted Klngkn Generallyknepted Ac¢ountln8 Prartice). The report and accounts have be wepared in xcwdance with the WOVigDThS In the Companies Act 2(K16 relatlrvA to small conI C(#npary law reoulre5 the tharity trusteesto prepare finandal StatemtsfOr eath yearwhlch e atrue and fairvlew of the stste ufaffawsofthe charitsble (1PanY andthe group arml ofthe Incoming resources and 3ppllcatlon of resour, Induding the income and eXlture. of the tharitable 8roup for that period. In preparin8 the financial statem. the trtees are re(wired to: Select surtable accounting policies and then applythem Observe the methods and prinLiples in the Charities SORP: Make judgements and estimates that are rea5(able and FKudent: State whether appllcable UK stsrrflanls have been follod. subjert to wy mrlal departures dlsdosed and ewained in the finandal statements; and Prepare the flTrandal ststeM on the cfjncem basis unles5 it Is inapproprfats to presume thatthe charitylll ctyrtinue In tAtslnes& The trustoes are res[nSIble fi keeplwd adequate accountlna record5 th disclose wlth reasonable accuracy * any tlme the financial posttkn of the charlty and to enable them to ensure that finandal stments compfy with the Companies Ad 2(K. Tly are abo responslble for safeguardinc the assets of the charfty and the Broup and hence tsklry reasonable steps forthe preverrtlon and detectk>n of fra1 and other irreaularlties. The trustees are resporL%lble for the malntenarKe and Intlty of the dwlty and finandal Inf<Jrmation Inced on the thaTiiVs wetsite Sn ac£(Kdano wlth It11n In the Unlted Klwdom governin8 the reparatlon and dlssemln*lon of financial statttne Thls report has been prepwed In accordance Vrith the Speckl for small MpanIES under Part 15 of the Compani&% Act 2. The dlrertors dedarethatthey have aKvo¥ed theTrted annual repJrtalJ(we Slgned on behalf ol director5: Print name:
I rwt to the rt1tnee$ on rny exarninatr ofthe ac£(xmts dthe Comparryfor the yearended 28 February 2024. As the th3riVstrteeS of the Company land atso its dtrectors foril prSe5 of company lawl you are reswisible for the weparation of the accOUr in ¥(nce with the regrements of the Companies Act 2(X]6 (he 2( Ace). Havlng satisfied myself that the accounts of the C(mpany are not requlred to be audtted under Part 16 of the 2(ffi Act and ¥e ellgible for independent ex•niro3tion. I rew>rt in respert ot my examination of yo charftrfs accounts as carried out undu Section 145 of the Charitles Act 20111.ts 20ll ACVI. In carrying out my exaffl1natk I have fOr4d the 8wen lrythe Chafity Commission under sertlon 14515) Ib) ofthe 2011 Art I have c(Mnpleted my exarnlnati. I confimi that M matter5 c(xne to attentlon In CneCtl ¥Ath the examlnation me cause to beli. . accourt11 records were not kept in respect of the Company as required try sertion 386 of the I6 Art: •X 2. the accounts do not acc(Kd with th05e recud%" or 3. the accounts do not comth wlth the accountin8 requlrements of sectlon 396 of the 2(rf)6 Act other than any reqrernent that the aCLxxmts 81¥ a 'trne and fair view is not a matter considered as part of an independent examination; or 4. the accounts have not been wepared In a(an0 lth the method5 and prlndples of the ststement of Reccfftnended Praclke f(* accounting and rep(xtlng by charlties applkable to tharitles weparln8 thar accounts In accordance wlth the FInala1 RewOn8 Stsndard applicable in the UK and Rewblic of Ireland (FAS 102) I have no concerns and have Con across no other matt$ ID Conne with the examination to ¥thlth attentlon should be dr in thts repcrt kn order to enable a proper underStsnd1 of the accounts to be ached. Swah UghrfooL FCA f)ChA Seven Hllls AccA)untsnts Umlted 57 Burton Street Sheffield S6 2HH
The Brf*. Mew Llfe Chwth T41ts1 Donations legacles Rentsl inr(The Inve51ments- bank InterEst 55.W 60.412 52.248 251 27 710 132 59J35 $2,Th) Charttable actfvltles 34A 14.523 6224 S570 70h78 14 24312 531 117ffi Transfers 13.6111 3.611 N•tmov•m•ht In firMIs 20.7W 117,698) Totsl fvnds brou8ht frrnd 39,W 305362 IW 346290 363,988 The Statement of flnandal activltles Indudes all 8alns and losses rec(w45ed In th¢ y. All of the thaiitable company's (wations arn das5ed as uxrtinui The prkn year Statemert of Flnaftdal Ac¢hllles ty fvnd Is wtylded In 14.
The B. Plew Ufe Chunh TO[ble a55ets 235.035 247,668 Tot•1 Ilxed aM6ts 235JJ35 247,668 13.924 106.701 120.625 1284 96,988 99.272 Cash at bar& and In hand Lhditffj: amourts fallln8 due wlthln one ar 14•t assets 98.622 354022 346.21 Credlt(v& amthmtsfallln8 the after one year Totsl n•tasf•ts General funds t>anated funds Totsl unrestrfrted funds Restricted funds Tatsl dwrlty funds 59.767 39,(ffi6 291.271 305362 35138 344.428 3.784 1,862 354All 346290 li For the year endln8 28 February 2024 the coryarry T entltled to exemptlon from atht under 5ectlth 477 of Compnles Art 21x16 relatln8 to small companie& Dirertors. responglylities: The members h¥e requlred the compaDV to (kntaln an alIt kn xc(YdaKe wlth Settl 476 of the Companies Act 21h)6. The directoes ackn(Mle thelr resp111es f4x with the requirements of the kt *th r The COUnts have been prepared in 3cccKdae wlth the sd31 WlS1on$ relatbng to cixnpanies yjbiect tD the small companies re8ime wlthiTr part 15 ofthe Companles Art 21KJ6. 14 and oft tts behalf ty. Prknt narne:
tharity is ¥ffjuThl up the Ikbmtty In resped rfthe auarantre is knited to £1 per Memb of the charity. The address Stsndard aptdtcable in UK and Re5M4ic rf Irel¥KI (FR5 1021- (chwi 50RP IFRS 102)). the Financial Reivtln8 Stsndard applolde in the UK and Rewblk d IrthrKI IFRS 102) •MI the C4Mnparaes kt The finarthl stattmorts The Char nets the definllkn a pubmc benefit lIty a5 de[trd FRSIOL The finandal Statem are (b) tothe monle5 hwe be•n mel fecebptdthe Income ts wobjble and its aftt can bE relIab measured. EXpthture Is rec(£nlsed where thwt ts a le8al c(mtruth to pry a thlrd porti. It 15 w¢AJab5e that 8rwcrf irretcwerable VAT. Freehold bulldln8s CW 25 al5 Efflent estsblished when therÈ ¢4etth eleNe th* the crry WI n(rt be aè to collect all due XCOTdint to the ry18inal tennsd recehplAes
Trade ueditors are obiiMkTh tt> pay ftr gr or serbl¢es thar been at•ired In the a)wse d bwnEs% the end of tt reptydn8 peXI. to defersetdEmurtafthe uÈ(litw for at letwefvK m¢th after tt reFx>th8 esented a5 norrfwrent Iiamlil kn acc¢YdaKe 4th FRSIO2. tenn. ID T•ut certalntles exit The trustees hrn c(Thidwed the lebel of lunds held and tre expe(ted I1 of IrKc•Tre Tatal Trfal 4&7Ji 7J73 53.239 43.960 7.173 Glft aid ioryfund c4#npar3fj% 52248
Fwds Totsl Staff costs Traini IV93 16A93 24394 925 L120 274 274 ytsltl4 miristy L650 3mO 31 1.197 L197 L197 F¥operty reps and bu1ldlrywoS EqulFknent L974 23 16.890 471 1266 501 501 12,633 70 748 Jrfjurartce Lni 1.711 115 Le8al and PTofe5slonal fee5 lThleperxlent exarnlnatm fee Sundry expenses Bard¢ tharyes y21 284 124 ior yearfund compar4• SOJ19 20 5rles 24ml 393 16.493 The rage Thjmber of mtylthty ernpl5 w45 1 PQ3: 21. Ilo efflFlw recehrd emolurwts of more than £60.fxK) eltherswr. K Jones. a tnirtee. TKdS eryloytd as the Part d the dyjrth . the t(ts1 onpkryee beneftts in tt year TAwe £17515 12023.. £146211. EmployThnt of trtee5 Is permitted IV document No crther trustees we pahl or
A% at l Mwth 2023 Addility at 28 FeL¥ 2024 277,(rfX 27.791 )5A45 27.791 Asat l Mar¢h 2023 Char8e thls period 4.170 327 163 57,777 11633 11.080 al 28 FeEn4ry 2023 247 2024 7,026 6W8 rtepayrnei 1284 Trade UEdil(rf5 Othercredlttys (?15
247.341 25910 32.111 111470) 12.If>31 234.8n 24.289 32.111 Idin8 fund Workerfd 432 Funds asSdefor property rthirtthnert cost& TNWESPtht on refvrbthry No 9 Intheyew. F¥nds setasidet(Yward5 workttcc& 259Wi (U470J 247J41 17,889) uiii 325.641 ce y¢Ykshl Mlne Cwnexlons Yckshlre euitd SodetyAr YrArth 936 936 271 271 2Jll l.W7 38 78 (S) Yathle Mlnen habEa8reed tDtrarerthe tothe n1ssl IWKI. Mkslon
271 TNle sets 327 1784 ll9. X739 247341 50JJU 247.668 2023 Trtal S2248 s55 *1 59 70ATr 116a¥ 117, 6ll (W79) 117. L862