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|1.|ADMINISTRATIVE
DETAILS|
|---|---|
|2.|OBJECTIVES AND ACTIVITIES.|
|3.|STRUCTURE, GOVERNANCE
AND MANAGEMENT.|
|4.|ACHIEVEMENTS & PERFORMANCE|
|5.|FINANCIAL REVIEW|
|6.|STATEMENT OF TRUSTEES RESPONSIBILITIES|
|7.|INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW LIFE CHURCH, WOKING, CIO.......15|
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
||||Notes|E|f|f|
|INCOME AND ENDOWMENTS|||||||
|Donations
and Legacies||||232,571|63,334|295,905|
|Charitable
Activities||||14,043||14,043|
|Investments||||948||948|
|Grants Received|||||20,500|20,500|
|Total||||247,562|83,834|331,396|
|EXPENDITURE|||||||
|Expenditure
on Charitable||Activities|||||
|Missions||||53,358|36,671|90,029|
|Church||||218,192|20,092|238,284|
|Governance
Costs||||13,649||13,649|
|Total||||285,199|56,763|341,962|
|NET INCOME/(EXPENDITURE)||||-37,637|27,071|-10,566|
|TRANSFERS BETWEEN||FUNDS|17|2,063|-2,063||
|NET MOVEMENT|OF FUNDS|||-35,574|25,008|-10,566|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward|||897,563|32,086|929,649|
|TOTAL FUNDS CARRIED FORWARD||||861,989|57,094|919,083|
|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
||||Notes|||f|
|INCOME AND ENDOWMENTS|||||||
|Donations
and Legacies||||221,926|70,988|292,914|
|Charitable
Activities||||21,629||21,629|
|Investments||||1,088||1,088|
|Insurance
Claim||||10,241||10,241|
|Total||||254,884|70,988|325,872|
|EXPENDITURE|||||||
|Expenditure
on Charitable||Activities|||||
|Missions||||50,957|22,315|73,272|
|Church||||230,021|22,042|252,063|
|Governance
Costs||||14,074||14,074|
|Total||||295,052|44,357|339,409|
|NET INCOME/(EXPENDITURE)||||-40,168|26,631|-13,537|
|TRANSFERS BETWEEN FUNDS|||17|465|-465||
|NET MOVEMENT|OF FUNDS|||-39,703|26,166|-13,537|
|RECONCILIATION|OF FUNDS||||||
|TRANSFER FROM|NEW|LIFE CHURCH||937,266|5,920|943,186|
|TOTAL FUNDS CARRIED FORWARD||||897,563|32,086|929,649|
||||BALANCE SHEET As|at 31"March|2021|||
|---|---|---|---|---|---|---|---|
||||Notes|2021f|2021|2020
f|2020
f|
|FIXED ASSETS||||||||
|Tangible Assets|||12||768,379||798,064|
|CURRENT|ASSETS|||f||||
|Debtors|||13|22,551||30,035||
|Cash at bank and in||hand||137,820||108,439||
|||||160,371||138,474||
|CURRENT|LIABILITIES|||||||
|Creditors:|Amounts|due||||||
|within one|year||14|-9,667||-6,889||
|||||-9,667||-6,889||
|NET CURRENT ASSETS|||||150,704||131,585|
|NET ASSETS|||||919,083||929,649|
|Represented|by:|||||||
|FUNDS|||16|||||
|Unrestricted
funds|||||861,989||897,563|
|Restricted|funds||||57,094||32,086|
||||||919,083||929,649|
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|2.VOLUNTARY|INCOME||||||
|---|---|---|---|---|---|---|
||||01/04/20||31/O3/19||
||||31/O3/Z1||31/o3/zo||
|||||f|f||
|Gift Aid donations||||231,746|243,440||
|Other donations||||64,159|49,474||
|||||295,905|292,914||
|3.INCOMING
RESOURCES FROM||CHARITABLE ACTIVITIES|||||
||||01/04/20||31/03/19||
||||31/O3/Z1f||31/03/20f||
|Other income||||14,043|21,629||
|||||14,043|21,629||
|4.INVESTMENT|INCOME||||||
||||01/04/20||31/03/19||
||||31/03/21f||31/03/20f||
|Deposit account|interest|||948|1,088||
|||||948|1,088||
|S.CHARITABLE|ACTIVITIES COSTS||||||
||||Grant funding of||||
|||Direct Costs|activities||Support Costs|Totals|
|||(see note 6)f|(see|note 7)f|(see note 8)f|f|
|Church||204,992||12,773|33,264|251,029|
|Missions||||77,256||77,256|
|||204,992||90,029|33,264|328,285|
|6.DIRECT COSTS OF CHARITABLE||ACTIVITIES|||||
||||01/04/20||31/03/19||
||||31/O3/Z1f||31/o3/zof||
|Trustees'
remuneration||||56,686|56,015||
|Trustees' expenses||||270|907||
|Staff remuneration||Note 18||41,708|40,369||
|Staff expenses||Note 18||584|1,118||
|Hire of premises||||22,223|21,014||
|Premises
and insurance||||18,298|20,662||
|Light and heat||||4,382|4,576||
|Sundries||||29,281|43,589||
|Depreciation||||31,560|32,647||
|||||204,992|220,897||
|7.GIFTS MADE|7.GIFTS MADE|||
|---|---|---|---|
|||01/04/20|31/03/19|
|||31/03/21f|31/03/20f|
|Missions||73,893|71,012|
|Church|Fellowship|15,973|2,155|
|Bank charges||163|105|
|||90,029|73,272|
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||01/04/20|01/04/20|01/04/20|31/03/19|
|||||31/03/21|31/03/21f|31/03/21f|31/03/20f|
|Ag C DeFreitas (YWAM)||||7,300|8,258|15,558|15,795|
|Across Ministries||||1,530|0|1,530|1,490|
|African Pastors||||1,000|40|1,040|0|
|Andrew
Bates (Stewardship|||Fund)|2,030|0|2,030|1,030|
|C S.A Webb||||0|0|0|4,800|
|David Hathaway
Elam Ministries||||100
1000|0
360|100
1,360|0
1,110|
|Engage
Fellowship
Fund Gifts||||2,880
0|0
10,683|2,880
10,683|2,800
0|
|Gundula
Koethnig|(South|Africa)||5,460|7,192|12,652|12,192|
|H Thompson
(Powerpack||Ministry)||8,180|1,013|9,193|8,225|
|Israel (see detail below)||||13,620|0|13,620|13,205|
|j Koch||||0|1,687|1,687|0|
|Living Fire||||1,500|0|1,500|0|
|Local Missions||||139|0|139|340|
|N 5j Sayers (Fullness and
Pastoral Visits||Fun)||0
0|900
0|900
0|900
812|
|Pat Frame (Ezra International)||||2,780|3,175|5,955|5,613|
|Romania||||3,349|0|3,349|2,700|
|Street Angels||||400|0|400|0|
|Youth Trip Refunds
Other gifts made||||0
2,090|3,200
0|3,200
2,090|0
2,155|
|||||53,358|36,508|89,866|73,167|
|Israel Detail||||||||
|Mark Ashkenazi||||2,215||2,215|2,650|
|Guy Cohen
Lev Havkim||||2,215
2,190||2,215
2,190|2,025
2,190|
|Ezra International||||2,000||2,000|1,340|
|Christian
Friends of Israel||||1,950||1,950|1,950|
|Prayer for Israel
Hani Sayegh||||1,025
2.025||1,025
2,025|1,025
2,025|
|||||13,620||13,620|13,205|
##
|8.SUPPORT COSTS|||
|---|---|---|
||01/04/20|31/O3/19|
||31/O3/Z1f|31/03/20f|
|Salaries|22,520|21,024|
|Pensions|1,559|1,521|
|Social security|689|709|
|Office and telephone|7,561|7,089|
|Sundries|963|823|
||33,292|31,166|
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||||||01/04/20|31/03/19|
|---|---|---|---|---|---|---|
||||||31/03/21f|31/o3/zof|
|Salaries|||||9,881|9,639|
|Pension|||||889|868|
|Social Security|||||79|87|
|Legal Fees|||||0|540|
|Independent||Examiner's|Fees||2,800|2,940|
||||||13,649|14,074|
|10.TRUSTEES' REMUNERATION||||AND BENEFITS|||
||||||01/04/20|31/O3/19|
||||||31/O3/Z1f|31/03/20f|
|Trustees'|salaries||||47,545|47,912|
|Trustees'|pension contribution||||7,102|6,885|
|Trustees'|social security||||2,039|1,218|
||||||56,686|56,015|
||||||01/04/20|31/O3/19|
||||||31/O3/Z1f|31/o3/zof|
|Trustee's|expenses||||270|907|
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|11.ST|AFF COSTS|||
|---|---|---|---|
|||01/04/20|31/03/19|
|||31/O3/Z1f|31/o3/zof|
|Wages|and salaries|118,116|112,863|
|Other|pension costs|11,718|11,335|
|Social|security|4,177|3,504|
|||134,011|127,702|
||01/04/20|31/03/19|
|---|---|---|
||31/O3/Z1|31/03/20|
|Trustee|2|2|
|Direct Charitable|2|2|
|Support|2|2|
|Governance|1|1|
##
|12.TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Freehold|Fixtures &|Computer|Total|
||Propertyf|Fittingsf|Equipmentf||
|COST|||||
|As at 1"April 2020|1,022,000|299,161|16,399|1,337,560|
|Additions||1,875||1,875|
|Disposa Is|||||
|As at 31"March 2021|1,022,000|301,036|16,399|1,339,435|
|DEPRECIATION|||||
|As at 1"April 2020|243,000|280,097|16,399|539,496|
|Charge for the year|19,000|12,560||31,560|
|Disposals|||||
|As at 31"March 2021|262,000|292,657|16,399|571,056|
|NET BOOK VALUE|||||
|As at 31"March 2021|760,000|8,379||768,379|
|As at 31"March 2020|779,000|19,064||798,064|
|NOTES TO|NOTES TO|THE FINANCIAL STATEMENTS for the|THE FINANCIAL STATEMENTS for the|THE FINANCIAL STATEMENTS for the|ear ended 31"March 2021|ear ended 31"March 2021|
|---|---|---|---|---|---|---|
|||||~CONTINUED|||
|13.DEBTORS:AMOUNTS||FALLING DUE WITHIN||ONE YEAR|||
|||||31/O3/Z1f|31/o3/zof||
|Gift Aid tax recoverable||||22,551|28,535||
|Loans outstanding|||||1,500||
|||||22,551|30,035||
|14.CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
|||||31/O3/Z1f|31/o3/zof||
|Trade creditors||||3,913|5,018||
|Taxation and social security||||5,754|1,871||
|||||9,667|6,889||
|15.ANALYSIS OF|NET ASSETS BETWEEN FUNDS
31/O3/Z1|||31/O3/Z1|31/O3/Z1|31/03/20|
||||Unrestricted|Restricted|Total|Total|
||||fundsf|fundsf|fundsf|fundsf|
|Fixed assets
Current assets
Current
liabilities|||768,379
103,277
-9,667|57,094|768,379
160,371
-9,667|798,064
138,474
-6,889|
||||861,989|57,094|919,083|929,649|
|16.MOVEMENT|IN FUNDS||At 01/04/20|Net|Transfers 5|At 31/03/21|
||from||New Life Churchf|movement
f|adjustments
f||
|Unrestricted
funds
General funds
Capital reserve|||99,335
798,228|-6,077
-31,560|188
1,875|93,446
768,543|
||||897,563|-37,637|2,063|861,989|
|Restricted funds
Fellowship
fund
Mission fund
Food Bank fund
Building fund
Other fund|||2,616
6,674
1,060
22,280
-544|3,484
-3,364
11,428
11,774
3,749|-188
-1,875|6,100
3,122
12,488
32,179
3,205|
|TOTAL FUNDS|||929,649|-10,566||919,083|
##
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||Incoming|Resources|Movement|
|---|---|---|---|
||resourcesf|expendedf|in fundsf|
|Unrestricted
funds||||
|General fund|194,204|-200,281|-6,077|
|Missions|53,358|-53,358||
|Capital reserve||-31,560|-31,560|
||247,562|-285,199|-37,637|
|Restricted funds||||
|Fellowship
Fund|14,167|-10,683|3,484|
|Mission fund|22,624|-25,988|-3,364|
|Building fund|11,774||11,774|
|Food Bank fund|28,604|-17,176|11,428|
|Other fund|6,665|-2,916|3,749|
|TOTAL FUNDS|331,396|-341,962|-10,566|
##
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||||01/04/20|31/03/19|
|---|---|---|---|---|
||||31/03/21|31/03/20|
||||E|E|
|INCOMING
RESOURCES|||||
|Voluntary
Income|||||
|Gifts|||231,746|243,440|
|Donations|||64,159|49,474|
||||295,905|292,914|
|Investment
Income|||||
|Deposit account interest|||948|1,088|
||||948|1,088|
|Incoming resources from|charitable|activities|||
|Other income|||14,043|21,629|
||||14,043|21,629|
|Insurance
Claim||||10,241|
|||||10,241|
|Grants Received|||20,500||
||||20,500||
|Total incoming resources|||331,396|325,872|
|RESOURCES EXPENDED|||||
|charitable
expenses|||||
|Trustees'
salaries|||47,545|47,912|
|Trustees'
pension contributions|||7,102|6,885|
|Trustees'
social security|||2,039|1,218|
|Trustees'
expenses|||270|907|
|Staff remuneration|||41,708|40,369|
|Staff expenses|||584|1,118|
|Hire of premises|||22,223|21,014|
|Premises and insurance|||18,298|20,662|
|Light and heat
Sundries|||4,382
29,412|4,576
43,589|
|Depreciation
offreehold|property||19,000|19,000|
|Depreciation
offixtures and fittings|||12,560|13,200|
|Depreciation
ofcomputer
Gifts to institutions|equipment||74,056|447
71,117|
|Gifts to individuals|||15,842|2,155|
||||295,021|294,169|
||||01/04/20|31/03/19|
|---|---|---|---|---|
||||31/03/21f|31/03/20f|
|Governance|costs||||
|Salaries|||9,881|9,640|
|Pensions|||889|867|
|Social Security|||79|87|
|Lega Ifees||||540|
|Independent|examination|fees|2,800|2,940|
||||13,649|14,074|
|Support costs|||||
|Wages|||22,520|21,024|
|Pensions|||1,559|1,521|
|Social security|||689|709|
|Office and telephone|||7,561|7,089|
|Sundries|||963|823|
|Volunteers'|expenses||||
||||33,292|31,166|
|Total resources expended|||341,962|339,409|
|Net (expenditure)/income|||-10,566|-13,547|