Ch•rity regl$tr•tlon number 1176061 (England ind Wal￿)
NEW LIFE WOOD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Caladine
Charlered Certified Accountanls

NEW LIFE WOOD
LEGAL AND ADMINISTRATIVE INFORMATION
Tru•t•o•
MrAndrew Mcclintock Ichalrl
Mrs Lesley M'clelland ltreasurerl
Mr Colin Gab811
Mr Stephen Dean
Mi Marbn K8tt
Charlty numb•r (Enghnd ond Wah81
1176061
Prln¢lpg1 •ddm8
The Lab Bulldlng
l Tyler Country Park
Pltsea H811 Lane
B9$11don
EJsex
SS164UH
Independent exarnlner
John Caladine FCCA CTA FCIE
Cgladine ￿'MIted
Chantry Hou3¢
22 Upperton Rood
E8slboume
East SusAèx
BN21 1BF

NEW LIFE WOOD
CONTENTS
P•g•
Trustees, report
Stal•m•nt of TNslees' responslbllttles
Independent examlne¢¥ report
Stslement offinAnclal
Slal8rnent of1Snanclal po3lUon
Note• to the fflnanrJg1 $lat•monts
9-17

NEW LIFE WOOD
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees Present their onnu81 report and finandal ststernents for the year ended 30 Septernber 2025.
The financial statement8 have been prepared accordance wth the Accountlng polides set out in note 1 to the
ffinancial Btalements and comply ￿th the charfV$ con$Ututlon, th• Chadtles Act 2011 and "Accounting and
Reporting by Chanties.. Statement of Recommended Practice applicable to charities preparing thelr accoun15 In
accoidance wlth Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021"
leffeclNe 1 Januory 20191.
ObJectlve• and actlvltlè•
Th• chartty's obl•ct8 ar•:
1. To relleve unernployment for the benefft of Ihe public In Essex. by the pfovlslon of opportunttles for voluntaerfng,
training and work experience lo increase their employabllty,, #nd
2. To r•11•￿ financlol hardship by tha provlslon of courses in money management and debt coun8ts1llng.
Our Mls•lon Sl•t•m•nt:
"Taklng Ilves and goods thal others would dlBcard and provlde Iht mo•n6 10 s•¢ lhotse Ilves and good6 renewed lo
become a value¢J part of our cornmunlty
New Llfe Wood Cor• Vglu•s'.
Rwdlng lumbar
Reducing landfill
Re5torlng lives
New Lrfe Wood 18 8 small charfty set up to help relleve unemployment and reduce ffnBnclal hardshlp. Our
lorget benefiaaries are vulnerable aduhs Ihat are soclally disadvantaged for a variety of re8$ons In¢luding ex-
offenders. thoBe Ilvlng wfth mental health problem8 Indudlng l?arning diffi¢ulU?6, and pevplo who ar¢ in recovery
from drug or alcohol miBUSe.
We wn a wood re¢ydlng proled Ihat 8UPPOrts work •xperl8nce opportunltles Includlng tralning and vocation81
exPed¢n￿ lo our pl0￿M￿nIs. Th1$ Improves thfrlr chances ol employment, helps manage thelr finance3 and bulld$
confidence, glvlng hop6 for th6 future. We also recycle wood, giving it a new Ilfe whilst tr8nsfomilng thé livès of
Vulnerable adults. Last year we saved over 275 lonne8 of wood wa81e frorn goinB Into landflll. thereby dellv•ring
8igntficant en￿rOnMents1 benefits.
We are p8ld lo collect W881e y￿0d from bulldlng 81186 in our New Llfe Wood truck. The wood18 brought back to our
silè to bè sorted. Som& wood is kept lor sale In our wood store whlch we were able to build in 2022 and make lull
Use ol. Stjme wood 15 used to create products to sell in our shop or to meet bespoke orders. Our Ir8ined carpenlei
designs items Ihat can be made by our placements ￿￿th varylng le¥èl8 of dit￿culty •nabling tham to learn the skils
they need in our. well-equipped Workshop.
On average, the work placements attend one to Je$slon$ 8 we¢k whlch consisl of 8 three or slxthour shfft.
There were 22 IndNidual placements who 8ttend¢d durlng the current reportlng year.
Our usual length of a placement hès historically been three to six month8 but we have found that several of our
placements with m8ntAI ha8hh condlilons need much longer time wlth us. We have many who have b88n with u$
for over six rnonths and placements celebrated year5 With u5 in September and continue to benefit from our
services. This has reduced the number of placernent8 we havè had in thi8 rèporung yèar. We cuffently have 10
individu81 pl8cemenls attending on a weekty basis. We ar8 w0￿1ng wlih the atternative education provider, 1Up
Colledve, lo tske pla¢emenls aged betsveen 16 and 18 yeois of age. We have our first placernent who is attendlng
vo sessions a week. We are pleased to be able to help younger persons who are not able to b8 In the school
system. We expect to continue and extend the relalion3hip with Ihls provider.
Eath placement beneffts from h8ving s?veT81 training modules delivered, including heath and safety in the
workshop, with a view to increaslng thdr confidence levelB and prospects ol future employment. At the end of thelr
placement, Ihey receive a pack which consists of certificates of training, a written relerenee for firture employers or
volunleeFing- and pictures of products they have hplped lo from r¢Glaimed limber.

NEW LIFE WOOD
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
As 8alarie8 are the blgge8t COBI. we keep th8 number of employed $18ff to a mlnlmvm. We have hvo fijll time
employee5, the gener81 manager & c8ry)enler and currenlty six part tlme employees-the workshop manager,
drfver8. Iwo108ders and a bDokkeepei- whlch add up to the equivalent of jusl over two fvrther fulktime staff in total.
Our general rn8n89er has been wth us since February 2024 and is now well settled into the role. He h85 built good
relallonships w￿h our relerring agencies and has enioyed w0￿1ng with placements and 588lng lfves ch8nged. Fmm
Seplember 2025 we have taken on a young. local apprentice. This has developed into a mutually benefidal
relationship in which the apprentice is gaining woodwork & w0￿8b0P Irainlng from us while we are benef￿ng Irom
his support In making bterns for Sale, 88 well a8 the stlrnulu$ his enlhuslasm provldes to our placements.
Public ben&rif
The Tru6tee8 are aware of thelr re8ponsibllkles. have had due reg8id lo the ChArfty Comml8sk)n'8 guidance on
publlc benefit ¥then exerclslng powers or dub'8s in r818￿On to tho running of th& charity. We have engaged wlh our
stakeholders lo ensure the be81 p053lble benefit l¥ delivered lo the public of Essex. The Stakeholder8 Steerfng
Group meèts quartarfy and comprf88s r•pre8entatlon from'.-
Referrfng agencles.,
New Lrfe Vvood Volunteers,.
New Lwe Wood Staff.,
Our plaeam•nts',
New Llfe Wood Tru8tees.
We have a relallonship ￿th.. -
Bagildon Counul.,
Sl. Andrews Heallhcaf8.'
Cygnel.,
E8sex P8rtnar$hlp Unlvorslty NHS Foundatlon Tru61'.
Th? Probation Service
HMP Ch•lmsford Chaplalncy Team..
Comrnunity Volunteers Servlces in Baslldon and Southend.,
Open Road. Basildon.,
VVe8t Lelgh Bapt181, Sholg81• Bapll$l #nd other Iocol church•8',
Local schools.
A¢hi•v•m•nts #nd p•rforniane•
The Charty is 8581sled in delivering ts cttaritoble plm$ by 8 ¢ohort of vclunteer mentors vlllingly give up Ihelr
Ilrne to Support the WO￿ of New Llfè Wood and who also benefit from volunteerlng within the charity. Our volunteer
m8ntor8 learn new sk1115 to help them work alongside and support vulnerable adults, through trainin9 provided by
the charity. Thls Includes autism awareness, mental health ffirst aid awarene85. und¢rsl•ndlng parsonallty disorder
and schizophrenia, and rnore. In Ivm, our volunteers feel better equipped to help understand and support the
vulnerable adutts in our cere. They also love the sense of 'maklng a ditference, and 'giving back, to Ihelr local
communty - which in lum increases their own sèlf4st88m And confidence. Many of our volunteers come frorn a
bBckground of i501atiun and loneliness often caused by bereavement. During the rePo￿.n9 year we have had 14
volunteer mentors who worked on the site on variou5 days of the week. They have becorn8 5ki118d in carpentry and
uslng powered and non*)owered hand tools as a result of the training 8nd support the charty provide5. They have
also become effective listeners and befriender8 10 thtr vulnerable adults In our care, vthilst recognising the
importance of working %w¢hin prDfe88i0ng1 bound8rie$ gnil slgnposling lor further support when needed. We are
8180 pleaseil that In a prevlousty male domlnated group,. three ladles now support regulady and bring new skllli. Wè
cgn ¢)ffer support from a local Counselllng organlsatlon.
Our work pla￿rnents have been referred to us by stalutory and non-stAbJtory organlsations including St. Andrews
He8tthcBre, Essex Partnership UniveTsIty NHS Foundation Tnjst IEPUTI, Cygnet. Thurrock Mind. Open Roa¢J
Recovery Services, 1Up CollectSve and local churches. We have a150 negotiated refetTals with the Ioc81 Probgllon
Service but disappointingly the irnplemen¢abon has been limited with no placements c￿￿endY with ttrs.

NEW LIFE WOOD
TRUSTEES. REPORT (CONTINUED
FOR THE YEAR ENDED 30 SEPTEMBER 2025
We 85$05$ our p18cemgnts vjhen they $tgrt out us 81 Ngw Llfe Wood gnd wilnue to do Bo throughout thelr
tlme with us. We plan to meet thelr varying needs through mentoring and training and through partnering with their
referrer. We keep records to evidence the growth in confidence and in other areas that we see. Three of our
placement6 has been able lo find employment al ihe end of their time wth us, and others have gone on lo different
volunteering or tralnlng opportunitie8.
We art dellghted that during the reportlng year w& hovtr ¢onllnued to employ of our prevlovs plac•ments ¥Athln
the prolèct.
We offared daleB for COUfBe8 In money man8gement and debt coun8elllng but dld not have anyone attend. We are
pleased to leam that the NHS referrers do offer their own courses. We will continue to offer courses and largol
Iho8e that do not already have th13 prov1810n.
We have many case studies that evidence the Slgnmcant Impo¢t of our project. We see Ilve8 changed and Improved
through time spent at New L We Wood.
We have had refett•l$ from StAndrew8 He•lth¢aro for almo$¢ 8ovtn years. Thoy say:
M8ny of our p8tlents begln thg proj8et wllh low confidence, limited skills both physioally and 80cl8lly, and mlnimal
motiv81ion. Yel through Ihe dedication, knowledge and supportprovthd by Ihe le8m af New Life Wood, we witn8SS
remark8bl8 transfonnalions.
Our pglienls grow. flourish 8nd so8r 81ong Ih8ir rg¢overy p8thw&ys. They gain confidence, dgvelop néw skills 8nd
redlscover th&lr sans& of puo)os6 8nd joy. The posllive In17uenc8 of Now Lifo Wood is und&ni8ble. They inspir6,
empctwerand change Ilves, leaving a lasting lrnpact on everyone they woth with.
We are deeply gralelul for the inGTrdible work New Lrfe Wood doe8. Watching our patients Ihrive I￿9￿8￿ of Ih•lr
quid8nce is Iruly h8ortW8nnlng and motlvolionèl.
A rTh)r8 recent refeTher to U8. Cygnel, wrote to 8ay.'
We'rè c8lèbr8ting two ye8rs ofp8rtnership 81 Okl L81gh Hou8¢ With Ngw Lrfo Wood, g chArity th8t01￿s bolh petsple
and m8lènols 8 S8concl chan¢8.
Tlvo indivlduals we 8llPPOrt Bt Gur residential seryKe In Ess8x have be&n carving out n&w sknlls along￿￿6 skill8d
mentors- leaming Ir8th'lionel woodwoffting techniques and creating handm8ts8 pieces Irorn reC￿led wood.
This P8rtnership h8$ been 8 wl above the r8$1, helplng them lo bulld ¢wfid8nc•, community, and a morn
susloin6ble future.
Flnanelal revlew
During the year, the th8rlty rn8de a deflcit of £23,641 12024.. Surplus ol £34,017). Total reseNes were £70,540
12024.. £94,181) whlch £4,88112024.- £20,792) were restrlcted.
The buihjing of new prcpertles has nol plcked up a6 rnuch as we expecied frorn Govemmont plans. Th18 8dvor88
impacted our wood collection volume and re¥ullant income. We are confident that there will be On upturn in new
bullds but whllsl thi8 recov¢ry may take somè Ilme, we have tsp￿d thè expertise ol our te8m to ffind new revanu
sourcas. In parlculai, tha enlire team has been involved with bespoke orders for timber goods from individuals,
businesses, churches, schools, elc. Thls has requlfed the deslgn expertise of OUT manager coupled with many
hours ol work frorn Btaff. volunteer5 & placernenls but has enabled seveial large proje¢15 to be completed wrfh
ignific8nl income for New Lffe Wood. Biggest of these was 8 contT8Ct for seating. stor8ge and large plyy
oquipment lor a local primary school. On completlon, the school wrote indudlng 'We are real￿ pleased with all the
work you have completed. We love the name and accessories on the ship! The children can't wait to play on it..
Other schools have shown interest and we expect io expand this Side of the business. We have a150 developed
partnership wtth the company that are bvilding th8 new Thames cr055ing and aro disaJ551ng lots of Dpportunitle5 for
produd building and wood collections.
Earned Inco￿￿, from wood collections, wood sales and products made by our placemen18, covered 54% of our
running costs this year. We have relied on grants and gift5 to fund the remalnlng 46V..

NEW LIFE WOOD
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
In th& repDrtlng y&ar w8 wgre very grateful to re(*fv& gT8nts totalllng £7,500 from PFCC towards our placetnenl
costs.
We also roeeived £24,565 in unTestri¢ted grants that w& couhl use lor our CO￿ CDSt5 from the Garfeld Weslon
Trust. th8 Coombewood Amenty Fund through Es8ex Communty Foundation, th8 Augusbne Courtsuld Trust and
the Chapman Charft8ble Trust.
We would like lo thank all our grant providers for their ancouragornenl and support for our work. It Is Ilkely that the
Charity will continue fo need flnancial support vla grants to $uppbment r6v•nuè gèneralad from its advities in ord*r
to cover totsl operational costs, so èfforts lo obtain further grants will c￿n￿nUe.
W8 woukj also Ilk8 lo Ih8nk our regular supp)rter$ and our onfroff donors stepped In when w8 Were struGgllng.
The SUPPL¥t W98 much needed and very rnuch appraclat8(1.
All fund8 w•m held In tha bank In our current and 98vlng8 occ￿nts.
RèsèThgs polky
It ig the pollcy of the itsnty that unreslrfcled funds which have not b88n designated lor a spe￿fic u88 should be
malnlbimd 8t 8 minimum level equiv818nl Irj month'5 8xp8ndItU￿. The trustees con8ider th8t reseryes al Ihl8
lèvel will ensura that In Ihe 8venl of a 61gninc8nl drop In funding, thay will be able lo conb'nue the chArity'3 cvrrenl
advlli•s whlle ¢￿SIderatIon is glven lo ways in whlch &ddititsrtal funds may b8 ralsed. Thls k8vel of ￿BerVeS has
been maintainad thro￿hOUt the year.
rlsks
The Trustaag assessed the maior risks lo whlch Ihe Charfty Is 8XPO8od and are 6ati8figd that Sy8t8ms are In place lo
m*Uggte exp08ur• to lh8 maior risk6
StrUC￿re$ gov•manc• and manag•m•nt
The Chanty operates vl8 8 CIO and uses 8 W(y)d rècycling project whkh is part of 8 n8bonal neiwwk of 30 plus
franchl866 to achi8ve 118 aims.
The trust￿ who 8erv&J durlng y*8r and up to tha dalg of Blgnature oflhe ffinanc&l $latementS Ware..
Mr Andr8w Mcclintock (chair}
Mrs L8sley M'Cl8118nd1tr888UTerl
Mr Cdin Gabell
Mi Stephen Dean
Mr Marfin Kett
Recruitment and 8ppointment of tmst865
Now Trugt809 8re appointed by the •xistkng Trustees. The Ch8vlty ha5 a Trnstee Pollcy which Includès Inductstsn
and tralning and development of Iho trustees. None of Ihe Trustees has any beneficial inter8St In the charlly. All
Tnjstees ar6 mernber8 01 the CIO and guar8nt88 to rx>ntrlbute £1 in the event of a wind￿9 up.
L M'clèlland was employed by lh8 charlty a8 the bookkeeper before she b8came 8 Twstee and conts.nued lo bè
8 pawj employee. Wherever the￿ is likety to be a conflict of int8rest in an Item dL%cJJ$sgd, it is declared, and tho
n6cessary procedures undertakèn.
The To￿te9$. r
rtwas apprmd by thè Board of Twstees.
drew mcclint￿￿ l¢hairl
TrusteE
Datè".

NEW LIFE WOOD
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trv81eé8 8r8 r•spon81ble for preparing the Twstee8' Report and the fln8ncl81 statements in accordance wNh
applicable 18w and Unrt8d Klngdom Accounting Stsndards Iunrteil Klngdom Generally Accepted Account(ng
Praeticel.
The law applicable to charities in Engl8nd and Wales requires the trustees to prepare flrhana81 statements for each
flnanaal year which glve a true and falr vlew of the state of affairs of the chartty and of th8 Incornlng resources and
applicaty'on of rasourcos of the charty for that y&ar.
In praparing those fln8ndal statement8. the Iru5tees are requlred to..
select sultable occounting poliae8 and then appty them consS¥lenty-,
observe the methods and prfnclple5 in the Charities SORP.,
make judgement5 and 83tln78les that Bre re8sonable and prudenl..
state whether appllcable accountlng standards have been followed, Bubject tu any materlal departures dl8clo8ed
and explained In th¢ ffnanciAI statements.. and
prepa￿ the flnandal 818tements on Ihe going con¢•m ba8[$ unle8$ It18 Ingpproprfale to presume that the charlty
wlll ¢gnllnu8 in operallon.
The tTU8lees are reBponslbl• for k••plng $ufM•nt accounting recoTd$ that dl$¢lo#8 wlth ragsonable accuracy at any
tlme the financial posliion of the charity and enable them to ensure that th8 financl818t8tement6 comply wlth the
Ch8rtle& Acl 2011, the Charity IAccounls and Reports) Regulallons 2008 and th8 provisions of the trust deed. Th•y
are also responsible for Safeguarding the 885el8 ol the charlty and hence for taklng ffj48onabl8 at•pÉ for the
prev&nllon and detectlon of fraud and other Irregul•rtti•$.

NEW LIFE WOOD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NEW LIFE WOOD
I report to the tnJ8t•88 on my ex8mln8llon of Ihe ffn8nd818t81em6n18 01 New Life Wjod Ilhe ¢harityl for the ye8r
ended 30 September 2D25.
Re•pon•lbllltlM and ba•l8 of rnport
As the trustetr$ of the Charity you are responsible for the preparallon of the flnanclal 81algments In accordancg wllh
the requirements of the Charities Act 2011.
I report in respect of my exarnination of the charity's finanaal statements carried out under seciion 145 of the
Charfties Act 2011. In carying out my examination I have followed the D1￿ctionS given by the Charity Commi88ion
under sèction 14515llbl of the ChBritie8Act 2011.
Ind•p•nd•nt oximln•f• •tat•m•nt
Your attentlon 18 drawn to the fact that Ihe charity ha8 prepared the flnanclal Blaternent8 In accordance wtth the
relevant ver8lon of the Slalement of Recornmended Practice applicable lo charilR6 preparing their financtal
8t8t•ments In accordane• vAth the Fln8nci81 Reporting Standard appllcgble In the UK and Republlc of Ireland IFRS
1021 In pr8f8r•nc• to the Accounllng And R¢porting by charl￿¢$,. Slalemenl ol R¢¢omm¢nd¢d Practlco l$sued on 1
Aprtl 2005 which IB referred to In the extant regulatlons but has now been wrthdr8wn. l und&r8tand that Ihls h88
been done In order for the financial statements to provide a true and fair View in 8ccord8nce with UK Generah
A¢¢epled A¢counling Pracllce.
I have compl•tsd my •x8mln8tlon. I confimi IhAI no m8tt•r$ h8¥e come lo my 8tt•nlion In ¢onne¢tbn wllh tha
examination g5vlng m8 cause to belleve that In gny matadal re$peci'.
ceounllng r¢¢ords wgro not k¢pt In respect ol Ihe charlty as r•qulred by sectlon 130 of the ChartUe8 Act 2011.
the financlal 8laternents do not accord wtth thoBe record8', or
ihe finandBI stgtem*nts do not comply ￿th the oppllcable r¢qulremenl8 CDneeming Ihe form gnd content of
Ilnancial statements set out in the Charitses (Accounts and Reports) Regulation8 2008 olher than any
requlremenl that the financl81 statements glve a true and falr vlew. whlch Is not a matt8r con8ldeTed as part of
an ind*pend?nl examination.
I have no conc8rns And hAvè com8 aeross no othèr m8tt•rs In conn•ction wlh tha 8xamSnatlon lo wlJl¢h att•ntlon
strould be drawn In thi8 report In order to enable a propeT understandlng of th• fin8ndal statements to b8 reached.
John C•l•dln• FCCA CTA FCIE
CaladiTre Limited
Chantry House
22 Upperton Road
Easibourna
East Su58&X
BN2118F
DAtè'.

NEW LIFE WOOD
STATEMENT OF FINANCIAL ACTIVITIE8
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
UnMirfct•d R••trlcted
fund*
funds
2026
2026
Total Unrejtrfcted R••trlctsd
funds
fundB
2024
2024
Total
2025
2024
Nots8
Incom8 from..
Dona￿OnS and leqades
Chaiitable activities
Inve8lmenl$
Other income
59.831
92,868
220
5,836
7.600
67,331
92,888
220
5.836
44.353
84,943
398
11.082
50,100
94,453
84.943
398
11.082
Total in¢om•
158.755
7.SOO
186.2SS
140,778
50.100
190,878
Exp•ndltur• on:
Charitable actlvh
1efj.485
23,431
189.898
132,437
24,422
156,859
To¢al •xppndltur•
166.485
23,431
189,896
132.437
24,422
158,859
Net In¢om•ll•xp•ndltur•l
(7.7101
{15.9311
123,8411
8.339
25,878
34,017
Transfer8 behveen
lund5
16
24.500
124,500
N•t mov•m•nt In
fund•
(7,7101
{15.9311
123.8411
32,839
1.178
34.017
Reeonelllat+on of fund•:
Fund balances gt 1 October
2024
73.388
20.792
94,181
40,550
19,e14
60.184
Fund balanc￿ •t 30
8?pt•mber 2026
85,679
4,881
70,540
73,389
20,792
94.181
The statement of finanrAal ac*vlties Include6 all galns and108$e8 recogni8ed In the y•Ar. All Income and exp8ndMure
derive from ¢onlinulng activlD"o$.

NEW LIFE WOOD
STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2025
202S
2024
Not•s
Flx•d ts6•ts
Property. plant and w4uipmont
12
16,713
21,113
Currnnt awt8
Trade and oth•r recefvoblgs
Cash at bank and in hand
13
28.448
32,720
12,454
69,430
61,168
17,3411
Curront Ilab511tl••
81,884
16,8161
14
N•t current aM•t•
53.827
73.068
Total a$••t• l¥ty• curr•nt Ilablllil•B
70,540
94,181
N•t au•ts
70.540
94.181
Th• funds of th• charlty
Re51rict6d Sn¢ome funds
Unrestrictsd luThJs
16
17
4,861
65,879
20,792
73.389
70.540
94,181
The financial $ts18me
wer8 Approved by the tnJst••s on....1.a..,.i.2.￿.
cCllnto¢k Ichairl
Mrs Le81
Tru¥
'Clelland1trga6urerl

NEW LIFE WOOD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accountlng pollGle8
Charity inftsnn•tlon
New Life Wood is a Ch8ritable Incorporated Org8niBation (CIO)
1.1 8¥81• of prgparatlon
The financial statements have been prepared in accordance wilh the tharrW8 governing d0￿Ment, th¢
ChArrties Act 2011 ond 'Accounting and Reporting by Charttles., Slalemenl of Recomrrended PfBdce
applicable lo chantle8 preparlng thelr accounts in accordanc8 With tha Flnanclal R&porting Standard
applicable in tho UK and Republic of Ireland IFRS 1021 leffeclbve l Janugry 20191. The charfty Is a Publlc
Bene￿1 EnJly 85 defined by FRS 102.
Th8 charlty has tak8n Advantage of the provlslons In the SORP for charlues apptylng FRS 102 Upd91• Bullolln
1 not to prepare a Statement of Cash Flows.
The flnanrial slalemenls have departed from the Charlll•$ IA¢¢ounts and R8POrtsl R8gulallon8 2008 onty to
the exlenl requlred lo provlde 8 true and fair vlew. Thls departure has Involved followng Ihe Statement of
Recommandad Pradce for charltlas apptylng FRS 102 rather Ihan the verslon ol the Ststemenl of
Recommended Practice vthich Is referred to In the Regulatlons but whlch ha8 slnce been wllhdrewn.
The fln8ndo18latsment8 are prepared in sterflng, whSch Is the fun¢llonal CUTrnncy of the charlty. Monetary
amounts Sn these ffinandal stsl?menls are round•(I 10 the n••re$t £.
rhe fingnclgl s1olemenl$ have been prepared under the hl8torlcal COBI convenUon. The prlnclpal accounlng
pollde8 adopted are Bet out below.
1.2 Golng ¢on¢•m
At the time ol approving the financlal slatemenls. the tru6lee8 have 8 reasonablè expeclatlon that the charfty
has adequate re80urce8 lo corrtjnue in Operati￿81 exlslencÉ for thè lor•ge•able luture. Thus the trustee5
COn￿nUe Its adopl the golng ¢oncern b¥818 of accountlng In pr•p8rlng the flnandal Statements.
1.3 Ch•rft•bh fund•
Unrestdctad funds are avgllable for use at the dlscretlon of the tnJ8lee8 In furtherance of thelr charttab
oblectives.
Reslrlcted fiJnd6 are Subject to specKk condltions by donors or grantors as to how Ihèy m8y bo u8•d. Th
purposes and u8es of Ihe restricted funds are set out In the note8 lo the fin8nd81 staternents.
1.4 Ineom•
Incowo IB recogni5￿ when the ¢harity 1$ legolly ¢ntitlod to It after any performance condition8 have been met,
the amounts can be mea$ur¢d rellgbly, •nd il 1$ probabk that income be recelved.
Cash donations are recognised on receipt. other donatlons are recognised once the charity has been nolffied
of th• d¢n81ion, unl88$ p8rfomancè COnd￿on$ require deferrgl of the amount. Income tax recoverable In
re14tion to donatlons recelved under GiftAld or deeds of covenant is recognised al the time of the donation.
L&ya¢l¢s arp ro¢ognl$ed on r8¢elpl or otheA￿se if the charity has been notified of an impending dislribulion,
the amount 1$ known. and receipt Is expected. If the arnount IB nol known, thts legacy 18 trèatèd 88
contingent asset.

NEW LIFE WOOD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accountlng pollcle4 Icontlnuodl
1.45 Expendliure
Expendrture Is re¢ogni$ed on an *ccru•ls basls when the Ilabllty is incurred.
Charitable expenditure comprises those costs incurred by the charity in pursuit of it8 chontsble oblectlv•s.
Support and governance cost5 are recharged to the rnain activrtie8 and fom part of the charitable expend1ture
with a separate anaty815 belng Sn the notes. Governance cos15 include th080 costs As$oclated with meeting
the statutory requlrernent$ ol the charfty and Include Independent Examlnatlon fees and cost6 linked to the
strategic managemont ol the charity.
1.6 Property, plant and equlpm•nt
Property, plant and equlpment are initially measured al co81 and subs•quenlly me•aurèd At cost or valuatlon.
net of depreaation and any impalrmenl1085es,
Depreuation is recognised so aB to wrtte off Ihe cost or valuBlon of a8Set8 les3 thelr re8ldu•l v)lues over th•lr
u8efiJl IlveB on the foll￿n9 ba¥l8'.
Flxiures and fittlng8
Motor vehldes
3 years Btr81ghl Ilno
20% reduclng balance
The gain gr1085 aiislng ¢n the dllposal of on 888et is dalemined 8s the difference be￿een the sple proceeds
end the rarylng value of the assat. and18 recognlsed In the slalement of financlal actlvlties.
1.7 Impalm•nt of non4urr•nt 8•8•ts
At each reportlng end date, the ch8rfty rèvlewa th• carrylng amounts of It8 tanglble 088ets to determlne
whether there is any Indlc8llon that Ihosè assats have suff&red an Impoimient IOSB. If any such indicallon
exist8, the reeoverable amount of the asset Is e8*'mated in order to deteTrnine the trxt8nl Of the Inwalmont
loss Ilf gnyl.
1.8 C••h •nd ¢o$h •qulval•nts
Cash Bnd c83h equ￿￿lent& Include rA8h In hand, deposlts held At call ￿th bonk8. Other Short-terrn liquld
inve5tmtnts ￿th origlnal mAturltles of three months or less, and bank overdrafts. Bank overdraft6 are shown
thin borrmnys In current liabilhles.
1.9 FSnancl•l In•trum•nts
The ¢harfty has #l¢cted to 8ppty th• prowslon8 of S•ction 11 'Basic Financial In8lrumenl8' of FRS 102 10 ell of
s flnandal Instruments.
Flnanci81 instruments are Tecognlsed in the charitys balance sheet when the charhy becomes party to the
contractual provisions of the instrument.
Fln8n¢l818swl$ and Ilabililles are offset, wlth the net amounts presented in the fin?nclo1 slolem¢nls, when
there is a leg811y enforceable right to set off the recognised Bmounts and there 18 pn intenllon lo $ettle on • nel
basis or to realise ihe asset and settle the liability &imultaneou51y.
8a¥ic fin•n¢lal •8$01S
Basic financjal assets, whlth Indudè tr8de and othér r8c•lvables and cash 8nd bank balances. are Inltialty
measured al Iran5a¢tion price induding transaction costs and are subsequenuy carried at 8morts'$ed c051
usSng the effective Interest method unless the arrangement constitutes a financing iransaction, wher8 thè
transaction is measured at the present value of the futu￿ receip15 discounted al a market rate of interest.
FinancAal assets classified 85 recelv8ble wthin one year are not amort5sed.
10-

NEW LIFE WOOD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
A¢eountlng pollcl•s IContlnu¢dl
B•sic financial liabilities
Basic Ifnantial Ilabilities. Includlng trade and other paya￿e$ and bank loans are inffjahl recognised ot
transactlon price unless the arrangement constitutes a finandng transactlon, where the debt instrurnenl Is
measured at the present value of the future payments discounted at a market Tate of interest. Financial
Ilabllilles dassified as payable wlthin one year are not amortlsed.
Debt Instruments are 8ubsequentty c8Trfed at amortised co81, u8lng the effecllve Inl?tv¥t rste molhod.
Trgde payabl88 gre obllggtlon8 to pgy for goods or servl¢e8 that hgve been 8￿U1red in the ordinary COUTBe of
operatlons from suppllers. Amounts payable are classifled as current liabilitles rf payment Is due wlthin one
year or leBS. If not, they are presented as non-current liabilities. Trade payable8 are recognised InlliBIy 81
Ir8n$actlon prfce bnd ¥ub$equenlty measured at amorU¥ed ￿11 u6lng thtr 8fftctlv& Int•r88t méthod.
D•rnetwnlHon of flnanelal Il•bllhl•8
Financt81 Ilabl1￿e8 are derecognl8ed when the charfty'B contractual obllg8Uons explre or are dlschargad or
cancelled.
1.10 Employe• bèn•flt•
The cost of any unused hollday enlill?m?nl l¥ rvcognls•d In th• p•rlod In th• vmploy¢•'$ s¢rvI￿3 arn
received. whgr¢ the v8lu¢ 1$ mo1¢rf81.
Terniination benefrts are recognised Immediately a8 an expen8e when the charity 18 demonstrably commhl•d
lo tarmlnatè the grnploymont olln employee or lo provldo lamlN8tlon btrn•fft8.
1.11 R•tlr•m•nt b•n•flt•
Payments to defined contrlbullon rellremenl ben•fil 8theme$ are ¢h•rg•d •s •n Éxpan88 ai thay fall duo.
Crltl¢•l •¢¢ountlng ••tlm•t•• •nd ludg•m•nts
In the appllcation of the charty's accountlng poliaes, the tru31ee5 a￿ required lo make judgements. estimale8
and B8sumptions about the carylng amount of assets and Ilabililfes that are not wdity apparent frorn other
source5. The e5tim8tes and 88SOCl8ted assumptions are based on historic81 experience gnd othgr laclors that
ore consldered to bo relBv¥nl. Aaual Te8ult8 may dltsr from these esllmJte8.
The estimates and underfylng assumptlons are revlewed on an ongoing baslg. Revlsbons lo eccountlng
e6tlmates are recognised in the perlod in whlch the esllrnaie is revised where the revi8iDn allects only that
period, or in the period of 1he revhion and future perfi)d¥ where the revislon affects both current and fLrtur•
ods.
11

NEW LIFE WOOD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Income from don•Uon8 and legaci
Unre¥trlctod Rmtrlcted
fund•
fund
2025
2025
Total UnrostrlGted R•8trfct8d
funds
lund•
2024
2024
Tot•1
2028
2024
Dona￿onS ond glns
Grants
15,268
44,585
15,266
52,065
22,203
22.150
22.203
72,250
7,500
50,100
59,831
7,500
67,331
44,353
50,100
94,453
Grnnts
Pollce Bnd Fire
Commlssloner
ECF
The Albert Gubay
Charttable FoundalSon
Po8l¢ode Place's Trust
Garfield Weston
Fovndatlon
Lottery Communlty Fund
Charlas S Fr?n¢h
Charitable Trust
The Clothworker8'
Found8tlon
Grants < £3,001
7,500
7,500
8,585
8.585
20,000
20,OCQ
10.000
10,000
10,OC
10,000
19,100
19,100
4.000
4,000
4.400
7.750
22.CtrJO
s,TrJo
28,400
12,750
6.000
e,000
44,565
7,500
52,085
22.150
50.100
72,250
In¢om• from ch•rtt•bl• aetlvltl••
Unre•trlct•d
fund8
2025
Unre•trfei•d
fund•
2024
Wood colledons and g¥le of goods
92.868
84,943
Ineorne frDm InvMtments
Unre8trtct•d Unr•8trfctod
fund#
fund8
2025
2024
Int•rest ￿ceIVable
220
398
12-

NEW LIFE WOOD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Oth•r Incom•
UnMtrfct•d Unre•trbcted
lund•
fund8
2025
2024
Net goin on dispos81 of tangible fixed B8set8
GIft￿d recoverable •nd pl•¢emenl fees
16,5381
17.fj18
5,836
5,836
11,082
ExpgndltUTO on ¢h•rll•bl• •etlvlll••
Charhabl•
•xp•ndltur•
Charitable
expendttu
2020
2024
Dlr•ct ¢o•t•
Staff cost$
D•pfeclatlon 8nd IMpai￿ent
Travel and sub$ldertc*
S￿e costs
Rates
Rent
Motor expen￿5
133,994
4.400
7.486
4.395
1,229
6,500
2.788
115.440
5,756
7.716
558
1,125
6,￿0
776
k 11
In8ur?nce
Offlce c05t5
Regulatory and profes8kJn81 cost8
Wood chlpplng
Tools and equlpment
General expenieB
Other cosl8
Irreeover8ble VAT
PPE
4,263
348
3,874
5,548
2,271
1,958
7,439
722
605
4,035
2,276
2.865
928
2,441
651
799
187,818
154.899
Shar• of Bupport and gov•manc• costs l•ee note 8}
Govemance
2,080
1.960
189.898
156,859
Analy818 by fund
Unrestricted funds
Reslricted funds
f66,465
23,431
132,437
24,422
189.896
156,859
13-

NEW LIFE WOOD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Support CO8ts alloGatsd to actlvlll
2025
2024
Accountancy
2,080
1,960
Analysed bfrtrmeen:
Chadlable ActpiilieB
2,080
1,960
Accountancy fees Ilsted above Indud&s paym8nts to the Indap8ndènt Examlner of £895 12024.. £8801 for
Independent Ex8minallon work and £1,18512024.' £1.0801 foi other sewvlces.
Tru¥t•••
During the year, Lesley M'clelland Itwil8•1 w•s paid £9,490 In her capadty a8 bookkeeper12024.' £7,371).
Tru8t•e don8tlon• In the yèar totalled £e,51812024'. £4.2401.
No Iru8tea8 r•￿I￿d Any •xp•ni•s during the year.
10 Ernploy•o•
Th• overage D￿nIhty number of employees durfng the year was..
2026
Numb•r
2024
Numb•r
Employment co•ts
2026
2Q24
Wage8 and s8larte5
Sod81 $¢¢urity ¢ost3
Olher penslon cost5
128,531
3,205
2,258
108,140
2,548
4,752
133,994
115,440
Ther8 were no employees whose annual remun8ratlon w98 mor• than £60,CK*J.
11 T•Mtlon
The charfty Is exempt from taxatlon on Its 8cAfivlllts8 bec8u$e all IIB Income is applled fcfj charftalAe purposes.
14-

NEW LIFE WOOD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
12 Property. plant •nd •qulpM•nt
Flxtur# and
flttlng
Motor
vehlc
Totsl
Cost
At 1 Octobtsr 2024
4.736
34,555
39,291
AI 30 September 2025
4.738
34,555
39.291
Depreelatlan and Impalrni•nt
Al 1 October 2024
Depredatlon charg•d lft th• year
4.514
222
13.664
4.178
18,178
4,400
At 30 September 2025
4,736
17,842
22,578
Carylng amount
At 30 September 202S
16,713
16.713
At 30 Seplefflber 2024
222
20,891
21,113
13 Tr•d• and oth•r r•c•lvable8
2025
2024
Amounts l•lllng du• *lthln one y•Ar'.
Trade recelvable•
Pr•p8yments and accrued income
27,906
542
11,912
542
28.448
12,454
14 Curr•nt Ilabllltl
2026
2024
other laxotlon and 80do1 secudty
Trade poyables
Actyuals and deferred income
4,487
1,244
1,630
8,872
1.580
7,341
8.816
18 Retlroment b•nefit •Ghem
2025
2024
O•fln•d eontrlbutSon ￿h￿ne
Chorge to profit or106s In rospecl of deffned ¢ontribuiion Schemes
2,258
4,752
Th? ¢h?wity operates a defined contrfbutlon pen#lon 8¢heme for all qualfying employees. The assets of the
scheme are held 8epar8tety from Ihose of the charity in an lnd8p8nden￿Y administered fijnd.
15-

NEW LIFE WOOD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
16 R•*trlct•d fund•
The restrlcted ftjnds of the charity comprise the unexpended balances of donations and grants held on trust
subject to SP8dfic conditions by donor5 as to how they rnay be used.
At 1 October
2024
Incomlng
r••oure•s
R•8oure•8
expendèd
Tran•f•rn
At30
September
2026
Property fijnd
Wages fund
Llfe and amploymènl skllls
PPE bjnd
Consuhanry fund
Tools fund
3.000
15.343
13,0001
115,3431
12,9491
16051
15711
19831
7,SC4J
4,551
310
915
571
963
20,792
7,500
123,4311
4.881
Pr•vlou• y••r'.
At l October
2023
Incomlng
ourc••
Refource•
expended
Tran•ler•
A130
S•w•mb•r
2024
Property fijnd
ge8 lund
Ex-offender8' expense¥ fvnd
PPE lund
Consult8nLy fvnd
Truck fund
Tool$ fvnd
3,000
23.100
3,000
15,344
14,814
2,500
1,713
S87
122,5701
12,$001
17991
1181
914
571
22,CtyJO
2.(￿0
122,C¥)01
11,0371
19,614
50,100
124,422)
124,5001
20,792
The Ex-offenders, expenses lund conlalns a donation given towards the support of ex-offender$. Th¢ origlnal
donor infomied the charity that these monles can be repurposed for unTe8trScted u￿. Atran$fei to unreslrfcted
fund6 wa6 made In the year 2023124, dosing the fund.
The Llfe and &ryJloym•nt fund provldeg Ille and employment skllls tralnlng for sectioned mental health
P8ti•nts and Is lundad by th• Pollc•, Flre gnd Cdme Commissioner for EB3ex.
The PPE fund holds rnoney previousty gNen lor the purchase of PPE, to protad our us•rs and
volvnteers whilst operallng rnachinery etc.
The Consultancy fund contslns grants gNen towards counselling BeNirE8 provided lo 8ewvlce u8erB, 818ff and
volunteers, as well as for evaluation of our strategies.
The Truck fund repros¢n15 grant monles r&¢¢lved lor the purchase of a ULEZ cornpliant truck. As the truc* 18
held for geneT81 purposes, a transfer has been made from the restricted fvnd to vnre¥triclgd funds
representing the purchase of the truck.
16-

NEW LIFE WOOD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
17 Unr••trlcted fund•
The unre8th.cted fund8 olthe th8rlty comprfse the unexpended balance8 of donations and grants ¥thlch are
not subject to 8perAffc condltlons by donDts and grantors as to how they may b? used. These indude
de8Ign#led fvnd$ whlch have been set aside out of unresthcted fiJnd3 by the trustee$ for 8pecthc PUTpose8,
At l October
2024
In¢omlng
r••our¢•*
Reiourees
•xp•nd•d
Trnn8fer#
At30
S•pternb•r
2025
General funds
73,389
158,755
1188.485}
65,679
Pr•vlou• y••r:
At 1 O¢tob?r
2023
IneDmlnq
r••ourc••
R•8ource8
•xpend•d
Tran•f•r•
At30
S•pt•mb•r
2024
General fund¥
40,550
140,776
1132,4371
24.500
73,389
18 An•ly•l• of n•t ••••ts b•tw••n lund•
Unrv¥trl¢t•d
fund•
2025
Re•trleted
lund•
2025
Totsl
20215
At 30 S•pt•mb•r 2026:
Prop81ty, plant and &quSprn8nl
Current a8881slllabllltle$l
18,713
48,9e6
16,713
53,827
4.881
65.879
4,861
70,540
Unrn•trlcted
fund•
2024
R￿trIcted
funil•
2024
Totsl
2024
At 30 S•ptsmb•r 2024:
Property, plant and equlpmenl
¢￿￿ent assetsllllabllhlesl
21.113
52.278
21.113
73.088
20,792
73,389
20,792
94.181
19 RelatBd party trnn•actlons
There were no disc105able related party transactions during the year12024- none).
17-