| 1. | ADMINISTRATIVE DETAILS . |
|
|---|---|---|
| 2. | OBJECTIVES AND ACTIVITIES | |
| 3. | STRUCTURE, GOVERNANCE AND MANAGEMENT . |
|
| 4. | ACHIEVEMENTS AND PERFORMANCE | 10 |
| 5. | FINANCIAL REVIEW |
|
| 6. | STATEMENT OFTRUSTEES RESPONSIBILITIES | 12 |
| 7. | INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE NEW |
LIFE CHURCH, WOKING, CIO |
| 13 |
| 2022 | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| Notes | f | f | f | |||
| INCOME AND ENDOWMENTS | ||||||
| Donations and Legacies |
235,968 | 65,436 | 301,404 | |||
| Charitable Activities |
18,453 | 18,453 | ||||
| Investments | 517 | 517 | ||||
| Grants Received | 7,500 | 7,500 | ||||
| Total | 254,938 | 72,936 | 327,874 | |||
| EXPENDITURE | ||||||
| Expenditure on Charitable |
Activities | |||||
| Missions | 56,579 | 37,112 | 93,691 | |||
| Church | 196,852 | 20,904 | 217,756 | |||
| Governance Costs |
14,252 | 14,252 | ||||
| Total | 267,683 | 58.016 | 325,699 | |||
| NET INCOME/(EXPENDITURE) | -12,745 | 14,920 | 2,175 | |||
| TRANSFERS BETWEEN | FUNDS | 17 | 22,239 | -22,239 | ||
| NET MOVEMENT | OF FUNDS | 9,494 | -7,319 | 2,175 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 861,989 | 57,094 | 919,083 | ||
| TOTAL FUNDS | CARRIED FORWARD | 871,483 | 49,775 | 921,258 |
| STATEMENT OF FINANCIAL ACTIVITIES for the | STATEMENT OF FINANCIAL ACTIVITIES for the | STATEMENT OF FINANCIAL ACTIVITIES for the | ear ended 31"March 2021 | ear ended 31"March 2021 | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| Notes | f | 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 |
| BALANCE SHEET As | at31"March | 2022 | ||||
|---|---|---|---|---|---|---|
| Notes | 2022f | 2022f | 2021f | 2021f | ||
| FIXEDASSETS | ||||||
| Tangible Assets | 12 | 767,956 | 768,379 | |||
| CURRENT ASSETS | ||||||
| Debtors | 13 | 24,666 | 22,551 | |||
| Cash at bank and in | hand | 135,832 | 137,820 | |||
| 160,498 | 160,371 | |||||
| CURRENT LIABILITIES | ||||||
| Creditors: Amounts | due | |||||
| within one year | 14 | -7,196 | -9,667 | |||
| -7,196 | -9,667 | |||||
| NET CURRENT ASSETS | 153,302 | 150,704 | ||||
| NET ASSETS | 921,258 | 919,083 | ||||
| Represented by: |
||||||
| FUNDS | 16 | |||||
| Unrestricted funds |
871,483 | 861,989 | ||||
| Restricted funds | 49,775 | 57,094 | ||||
| 921,258 | 919,083 |
| NOTES TO THE FINANCIAL STATEMENTS for the | NOTES TO THE FINANCIAL STATEMENTS for the | NOTES TO THE FINANCIAL STATEMENTS for the | ear ended 31"March 2022 | ear ended 31"March 2022 | ||
|---|---|---|---|---|---|---|
| CONTINUED | ||||||
| 2.VOLUNTARY | INCOME | |||||
| 01/04/21 | 01/04/20 | |||||
| 31/o3/zzf | 31/O3/Z1f | |||||
| Gift Aid donations | 218,815 | 231,746 | ||||
| Other donations | 82,589 | 64,159 | ||||
| 301,404 | 295,905 | |||||
| 3.INCOMING | RESOURCES FROM | CHARITABLE ACTIVITIES | ||||
| 01/04/21 | 01/04/20 | |||||
| 31/o3/zzf | 31/O3/Z1f | |||||
| Other income | 18,453 | 14,043 | ||||
| 18,453 | 14,043 | |||||
| 4.INVESTMENT | INCOIVIE | |||||
| 01/04/21 | 01/04/20 | |||||
| 31/o3/zzf | 31/O3/Z1f | |||||
| Deposit account | interest | 517 | 948 | |||
| 517 | 948 | |||||
| 5.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 | 184,741 | 8,832 | 33,015 | 226,588 | ||
| Missions | 84,859 | 84,859 | ||||
| 184,741 | 93,691 | 33,015 | 311,447 | |||
| 6.DIRECT COSTS OF CHARITABLE | ACTIVITIES | |||||
| 01/04/21 | 01/04/20 | |||||
| 31/o3/zzf | 31/O3/Z1f | |||||
| Trustees' remuneration |
42,543 | 56,686 | ||||
| Trustees' expenses | 263 | 270 | ||||
| Staff remuneration | Note 18 | 30,694 | 41,708 | |||
| Staff expenses | Note 18 | 801 | 584 | |||
| Hire of premises | 22,400 | 22,223 | ||||
| Premises and | insurance | 21,031 | 18,298 | |||
| Light and heat | 5,312 | 4,382 | ||||
| Sundries | 29,887 | 29,281 | ||||
| Depreciation | 31,810 | 31,560 | ||||
| 184,741 | 204,992 |
| 7.GIFTS MADE | ||
|---|---|---|
| 01/04/21 | 01/04/20 | |
| 31/o3/zzf | 31/03/21f | |
| Missions | 84.600 | 73,893 |
| Church Fellowship |
8,832 | 15,973 |
| Bank charges | 259 | 163 |
| 93,691 | 90,029 |
| Unrestricted | Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| 01/04/21 | 01/04/21 | 01/04/21 | 01/04/20 | |||||
| 31/o3/zzf | 31/o3/zzf | 31/o3/zzf | 31/03/21f | |||||
| Ag C DeFreitas (YWAM) | 8,300 | 7,284 | 15,584 | 15,558 | ||||
| Across Ministries | 1,580 | 1,580 | 1,530 | |||||
| African Pastors | 1,000 | 1,000 | 1,040 | |||||
| Andrew Bates (Stewardship |
Fund)2, 090 | 2,090 | 2,030 | |||||
| Churches Together | in Woking | 280 | 280 | |||||
| David Hathaway | 100 | |||||||
| El am Ministries | 1,060 | 360 | 1,420 | 1,360 | ||||
| Engage | 2,970 | 2,970 | 2,880 | |||||
| Ezra (UK) | 685 | 8,606 | 9,291 | |||||
| Fellowship Fund Gifts |
6,782 | 6,782 | 10,683 | |||||
| Gundula Koethnig |
(South | Africa) | 6,975 | 5,680 | 12,655 | 12,652 | ||
| H Thompson (Powerpack |
Ministry)8, 430 | 1,050 | 9,480 | 9,193 | ||||
| Israel (see detail below) | 14,430 | 13 | 14,443 | 13,620 | ||||
| J Koch | 1,687 | |||||||
| J Lubinga | 552 | 552 | ||||||
| Living Fire | 1,500 | 1,500 | 1,500 | |||||
| Local Missions | 550 | 50 | 600 | 139 | ||||
| N &jSayers (Fullness and | Fun) | 900 | 900 | 900 | ||||
| Pat Frame (Ezra International) | 2,860 | 2,625 | 5,485 | 5,955 | ||||
| Romania | 1,320 | 3,050 | 4,370 | 3,349 | ||||
| Street Angels | 400 | 400 | 400 | |||||
| Youth Trip Refunds | 3,200 | |||||||
| Other gifts made | 2,050 | 2,050 | 2,090 | |||||
| 56,480 | 36,952 | 93,432 | 89,866 | |||||
| Israel Detail | ||||||||
| Mark Ashkenazi | 2,700 | 2,700 | 2,215 | |||||
| Guy Cohen | 2,300 | 13 | 2,313 | 2,215 | ||||
| Lev Havkim | 4,325 | 4,325 | 2,190 | |||||
| Ezra International | 2,000 | 2,000 | 2,000 | |||||
| Christian | Friends of Israel | 2,000 | 2,000 | 1,950 | ||||
| Prayer for Israel | 1,105 | 1,105 | 1,025 | |||||
| Hani Sayegh | 2,025 | |||||||
| 14,430 | 13 | 14,443 | 13,620 |
| 01/04/21 | 01/04/20 | ||||||
|---|---|---|---|---|---|---|---|
| 31/o3/zzf | 31/O3/Z1f | ||||||
| Salaries | 21,033 | 22,520 | |||||
| Pensions | 1,598 | 1,559 | |||||
| Social security | 546 | 689 | |||||
| Office and | telephone | 7,599 | 7,561 | ||||
| Volunteer's | Expenses | 53 | |||||
| Sundries | 2,186 | 963 | |||||
| 33,015 | 33,292 | ||||||
| 9.GOVERNANCE | COSTS | ||||||
| o1/o4/z1 | 01/04/20 | ||||||
| 31/o3/zzf | 31/03/21f | ||||||
| Salaries | 10,128 | 9,881 | |||||
| Pension | 911 | 889 | |||||
| Socia I Security | 79 | 79 | |||||
| LegalFees | 131 | ||||||
| Bank charges | 30 | ||||||
| Interest on | tax paid late | 153 | |||||
| Independent | Examiner's | Fees | 2,820 | 2,800 | |||
| 14,252 | 13,649 | ||||||
| 10.TRUSTEES' REMUNERATION | AND BENEFITS | ||||||
| 01/04/21 | 01/04/20 | ||||||
| 31/o3/zzf | 31/O3/Z1f | ||||||
| Trustees' | salaries | 34,836 | 47,545 | ||||
| Trustees' | pension | contribution | 6,162 | 7,102 | |||
| Trustees' | socia I security | 1,545 | 2,039 | ||||
| 42,543 | 56,686 | ||||||
| 01/04/21 | 01/04/20 | ||||||
| 31/03/22f | 31/O3/Z1f | ||||||
| Trustee's | expenses | 263 | 270 |
| NOTES TO THE FINANCIAL STATEMENTS for the | NOTES TO THE FINANCIAL STATEMENTS for the | ear ended 31"March 2022 | |
|---|---|---|---|
| 11.STAFF COSTS | |||
| 01/04/21 | 01/04/20 | ||
| 31/03/22f | 31/03/21f | ||
| Wages and salaries | 94,840 | 118,116 | |
| Other pension | costs | 10,417 | 11,718 |
| Social security | 2,275 | 4,177 | |
| 107,532 | 134,011 |
| The average | monthly | number | ofemployees | during | the year was as | follows: |
|---|---|---|---|---|---|---|
| 01/04/21 | 01/04/20 | |||||
| 31/03/22 | 31/03/21 | |||||
| Trustee | 1 | 2 | ||||
| Direct Charitable | 2 | 2 | ||||
| Support | 2 | 2 | ||||
| Governance | 1 | 1 |
| No employee earned more than |
f60,000. | |||
|---|---|---|---|---|
| 12.TANGIBLE FIXED ASSETS | ||||
| Freehold | Fixtures & | Computer | Total | |
| Propertyf | Fittingsf | Equipmentf | ||
| COST | ||||
| As at 1"April 2021 | 1,022,000 | 301,036 | 16,399 | 1,339,435 |
| Additions | 31,387 | 31,387 | ||
| Disposals | ||||
| As at 31"March 2022 | 1,022,000 | 332,423 | 16,399 | 1,370,822 |
| DEPRECIATION | ||||
| As at 1"April 2021 | 262,000 | 292,657 | 16,399 | 571,056 |
| Charge for the year | 19,000 | 12,810 | 31,810 | |
| Disposals | ||||
| As at 31"March 2022 | 281,000 | 305,467 | 16,399 | 602,866 |
| NET BOOK VALUE | ||||
| As at 31"March 2022 | 741,000 | 26,956 | 767,956 | |
| As at 31"March 2021 | 760,000 | 8,379 | 768,379 |
| 13.DEBTORS:AMOUNTS | 13.DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|---|---|
| 31/03/22f | 31/03/21f | |||||
| Gift Aid tax recoverable | 24,222 | 22,551 | ||||
| Loans outstanding | 444 | |||||
| 24,666 | 22,551 | |||||
| 14.CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 31/o3/zzf | 31/O3/Z1f | |||||
| Trade creditors | 5,915 | 3,913 | ||||
| Taxation and social security | 1,281 | 5,754 | ||||
| 7,196 | 9,667 | |||||
| 15.ANALYSIS OF | NET ASSETS BETWEEN FUNDS | |||||
| 31/o3/zz | 31/03/22 | 31/o3/zz | 31/03/21 | |||
| Unrestricted | Restricted | Total | Total | |||
| fundsf | funds f |
fundsf | fundsf | |||
| Fixed assets | 767,956 | 767,956 | 768,379 | |||
| Current assets | 110,723 | 49,775 | 160,498 | 160,371 | ||
| Current liabilities |
-7,196 | -7,196 | -9,667 | |||
| 871,483 | 49,775 | 921,258 | 919,083 | |||
| 16.MOVEMENT | IN FUNDS | |||||
| At 01/04/21 | Net | Transfers & | At 31/03/22 | |||
| from New Life Churchf | movementf | adjustmentsf | ||||
| Unrestricted funds |
||||||
| Genera I funds |
93,446 | 9,905 | 12 | 103,363 | ||
| Capital reserve | 768,543 | -22,650 | 22,227 | 768,120 | ||
| 861,989 | -12,745 | 22,239 | 871,483 | |||
| Restricted funds | ||||||
| Fellowship fund |
6,100 | -3,894 | 2,206 | |||
| Mission fund | 3,122 | -193 | -12 | 2,917 | ||
| Building fund | 32,179 | 20,816 | -20,227 | 32,768 | ||
| Food Bank Grants | fund | 6,202 | -4,489 | 1,713 | ||
| Food Bank fund | 6,286 | 2,694 | 8,980 | |||
| Other fund | 3,205 | -14 | -2000 | 1,191 | ||
| TOTAL FUNDS | 919,083 | 2,175 | 921,258 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resourcesf | expendedf | in fundsf | |
| Unrestricted funds |
|||
| General fund | 198,359 | -188,454 | 9,905 |
| Missions | 56,579 | -56,579 | |
| Capital reserve | -22,650 | -22,650 | |
| 254,938 | -267,683 | -12,745 | |
| Restricted funds | |||
| Fellowship Fund |
2,888 | -6,782 | -3,894 |
| Mission fund | 30,137 | -30,330 | -193 |
| Building fund | 20,816 | 20,816 | |
| Food Bank Grants fund | 7,500 | -11,989 | -4,489 |
| Food Bank fund | 7,202 | -4,508 | 2,694 |
| Other fund | 4,393 | -4,407 | -14 |
| TOTAL FUNDS | 327,874 | -325,699 | -2,175 |
| 01/04/21 | 01/04/20 | |||
|---|---|---|---|---|
| 31/03/22f | 31/03/21f | |||
| INCOMING RESOURCES |
||||
| Voluntary Income |
||||
| Gifts | 218,815 | 231,746 | ||
| Donations | 82,589 | 64,159 | ||
| 301,404 | 295,905 | |||
| Investment Income |
||||
| Deposit account interest | 517 | 948 | ||
| 517 | 948 | |||
| Incoming resources from | charitable | activities | ||
| Other income | 18,453 | 14,043 | ||
| 18,453 | 14,043 | |||
| Grants Received | 7,500 | 20,500 | ||
| 7,500 | 20,500 | |||
| Total incoming resources | 327,874 | 331,396 | ||
| RESOURCES EXPENDED | ||||
| charitable expenses |
||||
| Trustees' salaries |
34,836 | 47,545 | ||
| Trustees' pension contributions |
6,162 | 7,102 | ||
| Trustees' social security |
1,545 | 2,039 | ||
| Trustees' expenses | 263 | 270 | ||
| Staff remuneration | 30,694 | 41,708 | ||
| Staff expenses | 801 | 584 | ||
| Hire of premises | 22,400 | 22,223 | ||
| Premises and insurance | 21,031 | 18,298 | ||
| Light and heat | 5,312 | 4,382 | ||
| Sundries | 29,887 | 29,412 | ||
| Depreciation offreehold |
property | 19,000 | 19,000 | |
| Depreciation offixtures and fittings |
12.810 | 12,560 | ||
| Gifts to institutions | 84,859 | 74,056 | ||
| Gifts to individuals | 8,832 | 15,842 | ||
| 278,432 | 295,021 |
| 01/04/21 | 01/04/20 | |||
|---|---|---|---|---|
| 31/o3/zzf | 31/O3/Z1f | |||
| Governance | costs | |||
| Salaries | 10,128 | 9,881 | ||
| Pensions | 911 | 889 | ||
| Social Security | 79 | 79 | ||
| Legal fees Sank Charges |
131 30 |
|||
| Interest on | tax paid late | 153 | ||
| Independent | examination | fees | 2,820 | 2,800 |
| 14,252 | 13,649 | |||
| Support costs | ||||
| Wages | 21,033 | 22,520 | ||
| Pensions | 1,598 | 1,559 | ||
| Social security | 546 | 689 | ||
| Office and telephone | 7,599 | 7,561 | ||
| Sundries | 2,186 | 963 | ||
| Volunteers' | expenses | 53 | ||
| 33,015 | 33,292 | |||
| Total resources expended | 325,699 | 341,962 | ||
| Net (expenditure)/income | 2,175 | -10,566 |