## 

## 

|1.|ADMINISTRATIVE<br>DETAILS .||
|---|---|---|
|2.|OBJECTIVES AND ACTIVITIES||
|3.|STRUCTURE, GOVERNANCE<br>AND MANAGEMENT .||
|4.|ACHIEVEMENTS AND PERFORMANCE|10|
|5.|FINANCIAL<br>REVIEW||
|6.|STATEMENT OFTRUSTEES RESPONSIBILITIES|12|
|7.|INDEPENDENT<br>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<br>and Legacies||||235,968|65,436|301,404|
|Charitable<br>Activities||||18,453||18,453|
|Investments||||517||517|
|Grants Received|||||7,500|7,500|
|Total||||254,938|72,936|327,874|
|EXPENDITURE|||||||
|Expenditure<br>on Charitable||Activities|||||
|Missions||||56,579|37,112|93,691|
|Church||||196,852|20,904|217,756|
|Governance<br>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<br>and Legacies|||232,571|63,334|295,905|
|Charitable<br>Activities|||14,043||14,043|
|Investments|||948||948|
|Grants Received||||20,500|20,500|
|Total|||247,562|83,834|331,396|
|EXPENDITURE||||||
|Expenditure<br>on|Charitable<br>Activities|||||
|Missions|||53,358|36,671|90.029|
|Church|||218,192|20,092|238,284|
|Governance<br>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<br>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<br>by:|||||||
|FUNDS||16|||||
|Unrestricted<br>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'<br>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<br>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<br>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<br>Fund Gifts|||||6,782|6,782|10,683|
||Gundula<br>Koethnig|(South|Africa)||6,975|5,680|12,655|12,652|
||H Thompson<br>(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<br>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<br>f|fundsf|fundsf|
|Fixed assets|||767,956||767,956|768,379|
|Current assets|||110,723|49,775|160,498|160,371|
|Current<br>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<br>funds|||||||
|Genera<br>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<br>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<br>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<br>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<br>RESOURCES|||||
|Voluntary<br>Income|||||
|Gifts|||218,815|231,746|
|Donations|||82,589|64,159|
||||301,404|295,905|
|Investment<br>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<br>expenses|||||
|Trustees'<br>salaries|||34,836|47,545|
|Trustees'<br>pension contributions|||6,162|7,102|
|Trustees'<br>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<br>offreehold|property||19,000|19,000|
|Depreciation<br>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<br>Sank Charges|||131<br>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|