2021-06-30-accounts

Charity Number 1174303

NEW LIFE IN CHRIST CHURCH

TRUSTEES’ REPORT AND ACCOUNTS

30 JUNE 2021

NEW LIFE IN CHRIST CHURCH

Financial statement

For the year ended 30th June 2021

Contents

	Page
Reference and administrative details	3
Report of the trustees	4
Accountants’ report	6
Income statement	7
Statement of financial position	8
Notes to the accounts	9

2

NEW LIFE IN CHRIST CHURCH

Reference and administrative details

For the year ended 30th June 2021

Charity Number	1174303
Registered Address	Patricroft Methodist Church
	Alexandra Road
	Eccles
	MANCHESTER
	M30 7HJ
Trustees	Trustees, who are also directors under company law,
	who served during the year were as follows:
	Moise Housima Bhora_– Chair of Trustees_
	Rehema Amisi
	Guy Makela
	Nsimba Kidimbu
Bankers	Lloyds Bank Plc
	42-46 Market Street
	Manchester
	M1 1PW

3

NEW LIFE IN CHRIST CHURCH

Report of the trustees

For the year ended 30th June 2021

About us

New Life in Christ Church is a faith-based charity that advances the Christian religion mainly, but not exclusively, by means of broadcasting Christian messages of an evangelistic and teaching nature for the benefit of the public through the holding of prayer meetings, lectures, public celebration of religious festivals, producing and/or distributing literature on Christian religion to enlighten others about the Christian religion.

We promote social inclusion for the public benefit by working with people in Salford who are socially excluded on the grounds of their ethnic origin, religion, belief or creed (in particular, members of the Christian community) to relieve the needs of such people and assist them to integrate into society, in particular by:

• a. providing a local network group that encourages and enables members of the Christian community to participate more effectively within the wider community;

• b. increasing, or co-ordinating, opportunities for members of the Christian community to engage with service providers, to enable those providers to adapt services to better meet the needs of that community.

Our social inclusion programme also supports refugees and asylum seekers who are socially excluded on the grounds of their social and economic position, by providing:

• a. education and training in the English language and in vocational skills;

• b. social and recreational facilities and events involving the local community.

Trustees

The following person served as trustees during the period:

1. Moise Housima Bhora – Chair of Trustees

2. Rehema Amisi

3. Guy Makela

4. Nsimba Kidimbu

Statement of responsibilities of the trustees

The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

4

NEW LIFE IN CHRIST CHURCH

Report of the trustees

For the year ended 30th June 2021

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the 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 Statement of Recommended Practice applicable to charities in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102). 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.

Each of the persons who is a trustee at the date of approval of this report confirms that:

• so far as each of the trustee is aware, there is no relevant material information of which the charity’s accountants are unaware; and

• each trustee has taken all steps that they ought to have taken to make themselves aware of any relevant material information and to establish that the accountants are aware of that information.

• Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up.

Approved by the trustees on June 1, 2022 and signed on their behalf by

Moise Housima Bhora Chair of Trustees

5

NEW LIFE IN CHRIST CHURCH

Income Statement

For the year ended 30th June 2021

Note Income: Income from charitable activities: Operation of the charity 2 Income from other activities: Other charity activities 3 Total income Expenditure: Expenditure on charitable activities: Expenses on operation of the charity 4a Costs of raising funds: Other charitable activities 4b Total expenditure Net income/(expenditure) and net movement in funds for the year Reconciliation of funds Total funds brought forward Total funds carried forward	30 June 2021 £ 5 1,702 1,707 (2,371) (1,546) (3,916) (2,210) (13,854) (16,064)	30 June 2020 £
		2,918 664
		3,582
		(17,470) (313)
		(17,783)
		(14,201) 346
		(13,854)

The notes on pages 9 to 12 form part of these financial statements

6

NEW LIFE IN CHRIST CHURCH

Balance Sheet

As at 30th June 2020

Note Fixed assets Tangible assets Current assets Short-term investments Cash at bank and in hand 6 Debtors 7 Creditors: amounts falling due within one year 8 Net current assets Total assets less current liabilities Creditors: amounts falling due after one year 9 Total assets Funds Unrestricted funds Restricted funds Total funds	2021 £ 32,000 16 2,280 34,296 (360)	2021 £ - - 33,936 33,936 (50,000) (16,064) (16,064) (16,064)	2020 £ -
			- 35,246 1,400
			36,646 (583)
			36,062
			36,062 (49,917)
			(13,854)
			(13,854) -
			(13,854)

The trustees are satisfied that the charity is entitled to exemption from the requirement to obtain an audit/independent examination under section 144(2) of the Charities Act 2011 (the 2011 Act).

The trustees of the charity have not required the charity to obtain an independent examination in accordance with section 144(2) of the Act.

The trustees acknowledge their responsibilities for complying with the requirements of the Charity Act 2011 with respect to accounting records and the preparation of accounts.

Approved by the trustees on June 1, 2021 and signed on their behalf by:

Moise Housima Bhora

Chair of Trustees

The notes on pages 9 to 12 form part of these financial statements

7

NEW LIFE IN CHRIST CHURCH

Notes to the financial statements

For the year ended 30th June 2021

1 Accounting Policies

Accounting conventions

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

New Life in Christ Church 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.

Incoming resources

All incoming resources are included in the SOFA when the charity is legally entitled to the income, is reasonably certain of receipt and the amount can be measured with sufficient reliability. In accordance with the SORP, no value has been attributed to the work performed by volunteers, although their work is considered vital to the activities of the charity.

Tithe, Regular offering and Donations

Tithe, Regular offering and Donations consist of the total tithe, regular offering and donations from members of the church and other members of the public along with income from fundraising events.

Company status

The charity is a charitable Incorporated Organisation (CIO). The members of the charity are represented by the trustees named on page 3. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs of generating funds are those incurred in seeking voluntary income and do not include the costs of disseminating information in support of the charitable activities.

8

NEW LIFE IN CHRIST CHURCH

Notes to the financial statements

For the year ended 30th June 2021

Gift aid

Gift Aid tax reclaims is recognised for any Gift Aid certificates received up to two months after the year-end, in relation to donations made prior to the year-end, where the Gift Aid tax reclaim application was filled to HMRC prior to the year-end.

In many cases, costs are incurred on projects before the relevant restricted income is received. Therefore, unless contrary to a donor’s wishes, interest income generated from restricted funds is treated as unrestricted, to cover the pre-financing costs incurred.

2. Operation of the charity Tithe offering Regular offering Donations 3. Other charity activities Charitable sales Bank interest Government grant Other income 4a. Expenses on operation of the charity Accommodation and rent Depreciation Honorarium Annual thanksgiving General office expenses	30 June 2021 £ - - 5 5 30 June 2021 £ - - 1,186 516 1,702 30 June 2021 £ - - - - 2,371 2,371	30 June 2020 £
		918 1,710 290
		2,918
		30 June 2020 £
		- - 63 602
		664
		30 June 2020 £
		2,350 - - - 15,120
		17,470

9

NEW LIFE IN CHRIST CHURCH

Notes to the financial statements

For the year ended 30th June 2020

4b. Expenses on operation of the charity Advert and promotion Governance cost Interest on loan (£50,000 2.50%) Professional fees 5. Tangible fixed assets Cost Balance B/F Additions Disposals Revaluations Transfers Depreciation Charge for the year On disposals Net book value 6. Cash at bank and in hand Bank Cash	30 June 2021 £ - - 1,186 360 1,546 30 June 2021 £ - - - - - - - - - - 30 June 2021 £ 16 - 16	30 June 2020 £
		- - 63 250
		313
		30 June 2020 £
		- - - - -
		-
		- -
		-
		-
		30 June 2020 £
		35,246 -
		35,246

10

NEW LIFE IN CHRIST CHURCH

Notes to the financial statements For the year ended 30th June 2020

7. Debtors Grant debtors Prepaid Rent Prepaid Insurance Others debtors Loan to members Total debtors 8. Creditors: amounts falling due within one year Accountancy services 50,000 2.5% Bounce Back Loan Total creditors 9. Creditors: amounts falling due after one year Accountancy services 50,000 2.5% Bounce Back Loan Total creditors	30 June 2021 £ - - - - - 1,800 480 2,280 30 June 2021 £ 360 - 360 30 June 2021 £ - 50,000 50,000	30 June 2020 £
		-
		-
		- -
		-
		920 480
		1,400
		30 June 2020 £
		250 333
		583
		30 June 2020 £
		250 49,667
		49,917

11