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|1.|ADMINISTRATIVE
DETAILS||
|---|---|---|
|2.|OBjECTIVESAND ACTIVITIES||
|S.|STRUCTURE, GOVERNANCE
AND MANAGEMENT .||
|4.|ACHIEVEMENTS AND PERFORMANCE||
|5.|FINANCIAL REVIEW.|.12|
|6.|STATEMENT OFTRUSTEES RESPONSIBILITIES||
|7.|INDEPENDENT EXAMINER'5 REPORT TO THE TRUSTEES OF THE NEW LIFECHURCH, WOKING, CIO||
|||14|
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||STATEMENT OF FINANCIAL ACTIVITIES for the|STATEMENT OF FINANCIAL ACTIVITIES for the|STATEMENT OF FINANCIAL ACTIVITIES for the|ear ended 31"March 2023|ear ended 31"March 2023||
|---|---|---|---|---|---|---|
||||Unrestricted|Designated|Restricted|Total|
||||funds|funds|funds|funds|
|||Notes|f|f|f||
|INCOME AND|ENDOWMENTS||||||
|Donations
and Legacies|||247,018|10,656|88,892|346,566|
|Charitable
Activities|||20,669|||20,669|
|Investments|||3,087|||3,087|
|Grants Received|||||30,360|30,360|
|Total|||270,774|10,656|119,252|400,682|
|EXPENDITURE|||||||
|Expenditure
on|Charitable
Activities||||||
|Missions|||56,422||22,376|78,798|
|Church|||202,332||36,910|239,242|
|Governance
Costs|||14,514|||14,514|
|Total|||273,26&||59,286|332,554|
|NET INCOME/(EXPENDITURE)|||-2,494|10,656|59,966|68,128|
|TRANSFERS BETWEEN FUNDS||17|-21,750|10,000|11,750||
|NET MOVEMENT OF FUNDS|||-24,244|20,656|71,716|68,128|
|RECONCILIATION
OF FUNDS|||||||
|TOTAL FUNDS|BROUGHT FORWARD||871,483||49,775|921,258|
|TOTAL FUNDS|CARRIED FORWARD||847,239|20,656|121,491|989,386|
||||||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|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|
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|||NOTES TO THE FINANCIAL STATEMENTS forthe|NOTES TO THE FINANCIAL STATEMENTS forthe|NOTES TO THE FINANCIAL STATEMENTS forthe|NOTES TO THE FINANCIAL STATEMENTS forthe|ear ended 31"March 2023|ear ended 31"March 2023|
|---|---|---|---|---|---|---|---|
||||||CONTINUED|||
|2.VOLUNTARY||INCOME||||||
||||||01/04/22|01/04/21||
||||||31/03/23|31/03/22||
||||||f.|f.||
|Gift Aid donations|||||202,916|218,815||
|Other donations|||||143,650|82,589||
||||||346,566|301,404||
|3.INCOMING|RESOURCES FROM CHARITABLE ACTIVITIES|||||||
||||||01/04/22|01/04/21||
||||||31/03/23f|31/03/22f||
|Other income|||||20,669|18,453||
||||||20,669|18,453||
|4.INVESTMENT||INCOME||||||
||||||01/04/22|01/04/21||
||||||31/03/23f|31/03/22f||
|Deposit account||interest|||3,087|517||
||||||3,087|517||
|5.CHARITABLE||ACTIVITIES COSTS||||||
||||||Grant funding of|||
||||Direct Costs||activities|Support Costs|Totals|
||||(see note|6)
f.|(see note 7)|(see note 8)
f.|f|
|Church|||210,201||4,953|29,041|244,195|
|Missions|||||73,845||73,845|
||||210,201||78,798|29,041|318,040|
|6.DIRECT COSTSOF CHARITABLE|||ACTIVITIES|||||
||||||01/04/22|01/04/21||
||||||31/03/23
f.|31/03/22f||
|Trustees'
remuneration|||||41,246|42,543||
|Trustees' expenses
Staff remuneration|||Note 18||547
39,210|263
30,694||
|Staff expenses
Hire ofpremises
Premises and insurance|||Note 18||1,018
25,958
21,615|801
22,400
21,031||
|Light and heat
Sundries|||||5,098
45,411|5,312
29,887||
|Depreciation|||||30,098|31,810||
||||||210,201|184,741||
|7.GIFTS|7.GIFTS|MADE||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||01/04/22|01/04/21||
||||||||31/03/23f|31/03/22f||
|Missions|||||||73,778|84,600||
|Church|Fellowship||||||4,953|8,832||
|Bank charges|||||||67|259||
||||||||78,798|93,691||
|The total grants paid to institutions|||||during the year was as follows|||||
||||||Unrestricted||Restricted|Total|Total|
||||||01/04/22||01/04/22|01/04/22|01/04/21|
||||||31/03/23f||31/03/23f|31/03/23f|31/03/22f|
|||A&C DeFreitas (YWAM)||||8,470|7,123|15,593|15,584|
|||Across Ministries||||1,610||1,610|1,580|
|||African Pastors|||||||1,000|
|||Andrew Bates (Stewardship|||Fund)|2,130||2,130|2,090|
|||Churches Together
Elam Ministries|in Woking|||SO
1,080|30|80
1,110|280
1,420|
|||Engage
Ezra (UK)||||3,030
5,400|300|3,030
5,700|2,970
9,291|
|||Fellowship
Fund Gifts|||||2,237|2,237|6,782|
|||Gundula
Koethnig|(South||Africa)|6,783|8,024|14,807|12,655|
|||H Thompson
(Powerpack||Ministry)||8,600|1,062|9,662|9,480|
|||Israel (see detail below)||||11,000||11,000|14,443|
|||J Lubinga
Local Missions|||||||552
600|
|||N &JSayers (Fullness and|||Fun)||900|900|900|
|||Pat Frame (Ezra International)||||2,920|2,625|5,545|5,485|
|||Romania||||1,345|15|1,360|4,370|
|||Spirit Matters
Street Angels||||750
500||750
500|1,500
400|
|||Other gifts made||||2,717||2,717|2,050|
|||||||56,415|22,316|78,731|93,432|
|Israel|Detail|||||||||
|Mark Ashkenazi||||||2,500||2,500|2,700|
|Guy Cohen
Lev Havkim||||||2,500
2,500||2,500
2,500|2,313
4,325|
|Ezra International|||||||||2,000|
|Christian||Friends of Israel||||2,300||2,300|2,000|
|Prayer|for Israel|||||1,200||1,200|1,105|
|||||||11,000||11,000|14,443|
##
|8.SUPPORT COSTS|8.SUPPORT COSTS|||||
|---|---|---|---|---|---|
|||||01/04/22|01/04/21|
|||||31/O3/Z3f|31/03/22f|
|Salaries||||18,159|21,033|
|Pensions||||1,358|1,598|
|Social security
Office and telephone||||152
6,466|546
7,599|
|Volunteer's
Expenses
Sundries||||5
2,901|53
2,186|
|||||29,041|33,015|
|9.GOVERNANCE|COSTS|||||
|||||01/04/22|01/04/21|
|||||31/O3/Z3f|31/O3/22f|
|Salaries||||10,330|10,128|
|Pension||||930|911|
|Social Security
Legal Fees
Bank charges
Interest on tax paid late||||29
75|79
131
30
153|
|Independent
Examnine's||Fees||3,150|2,820|
|||||14,514|14,252|
|10.TRUSTEES' REMUNERATION|||AND BENEFITS|||
|||||01/04/22|01/04/21|
|||||31/03/23f|31/o3/zzf|
|Trustees' salaries||||34,736|34,836|
|Trustees'
pension|contribution|||5,905|6,162|
|Trustees'
social security||||605|1,545|
|||||41,246|42,543|
|||||01/04/22|01/04/21|
|||||31/O3/Z3|31/O3/22|
|Trustee's expenses||||547|263|
##
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|11.ST|AFF COSTS|||
|---|---|---|---|
|||01/04/22|01/04/21|
|||31/03/23|31/03/22|
|||E|E|
|Wages
Other|and salaries
pension costs|99,251
11,226|94,840
10,417|
|Social|security|938|2,275|
|||111.415|107,532|
||01/04/22|01/04/21|
|---|---|---|
||31/03/23|31/03/22|
|Trustee|1|1|
|Direct Charitable|3|2|
|Support
Governance|2
1|2
1|
##
|12.TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Freehold|Fixtures &|Computer|Total|
||Property|Fittings|Equipment||
||E|E|E||
|COST|||||
|As at 1"April 2022|1,022,000|332,423|16,399|1,370,822|
|Additions||1,222||1,222|
|Disposals|||||
|As at 31"March 2023|1,022,000|333,645|16,399|1,372.044|
|DEPRECIATION|||||
|As at 1"April 2022
Charge for the year|281,000
19,000|305,467
11,098|16,399|602,866
30,098|
|Disposals|||||
|As at 31"March 2023|300,000|316,565|16,399|632,964|
|NET BOOK VALUE|||||
|As at 31"March 2023|722,000|17,080||739,080|
|As at 31"March 2022|741,000|26,956||767,956|
||NOTES|TO|THE FINANCIAL STATEMENTS forthe|THE FINANCIAL STATEMENTS forthe|ear ended 31"March 2023|ear ended 31"March 2023|
|---|---|---|---|---|---|---|
|13.DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||31/O3/Z3|31/o3/zzf||
|Gift Aid tax recoverable||||21,362|24,222||
|Loans outstanding||||1,275|444||
|||||22,637|24,666||
|14.CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
|||||31/O3/Z3|31/o3/zzf||
|Trade creditors||||9,720|5,915||
|Taxation and social security||||708|1,281||
|||||10,428|7,196||
|15.ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||||
||||31/O3/Z3|31/O3/Z3|31/03/Z3|31/o3/zz|
||||Unrestricted|Restricted|Total|Total|
||||fundsf|fundsf|fundsf|fundsf|
|Fixed assets|||739,080||739,080|767,956|
|Current assets|||139,243|121,491|260,734|160,498|
|Current
liabilities|||-10,428||-10,428|-7,196|
||||867,895|121,491|989,386|921,258|
|16.MOVEMENT|IN FUNDS||||||
||||At 01/04/Zz|Net|Transfers &|At 31/O3/Z3|
|||from New Ufe Church
f.||movementf|adjustmentsf||
|Unrestricted
funds|||||||
|General funds|||103,363|26,382|-21,750|107,995|
|Designated
funds||||10,656|10,000|20,656|
|Capitalreserve|||768,120|-28,876||739,244|
||||871,483|8,162|-11,750|867,895|
|Restricted funds|||||||
|Fellowship
fund|||2,206|232||2,438|
|Mission fund|||2,917|-75||2,842|
|Building fund|||32,768|70,343|11,750|114,861|
|Food Bank Grants fund|||1,713|-1,713|||
|Food Bank fund|||8,980|-3,089||5,891|
|Other fund|||1,191|-5,732||-4,541|
|TOTAL FUNDS|||921,258|68,128||989,386|
##
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##
||Incoming|Resources|Movement|
|---|---|---|---|
||resourcesf|expendedf|in fundsf|
|Unrestricted
funds||||
|General fund|214,352|-187,970|26,382|
|Designated
fund|10,656||10,656|
|Missions|56,422|-56,422||
|Capital reserve||-28,876|-28,876|
||281,430|-273,268|8,162|
|Restricted funds||||
|Fellowship
Fund
Mission fund|2,469
20,064|-2,237
-20,139|232
-75|
|Building fund
Food Bank Grants fund|70,343
16,360|-18,073|70,343
-1713|
|Food Bank fund|5,430|-8,519|-3,089|
|Other fund|4,586|-10,318|-5,732|
|TOTAL FUNDS|400,682|-332,554|68,128|
##
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|||01/04/22|01/04/21|
|---|---|---|---|
|||31/03/23f|31/03/ZZ|
|INCOMING
RESOURCES||||
|Voluntary
Income||||
|Gifts||202,916|218,815|
|Donations||143,650|82,589|
|||346,566|301,404|
|Investment
Income||||
|Deposit account interest||3,087|517|
|||3,087|517|
|Incoming resources from charitable|activities|||
|Otherincome||20,669|18,453|
|||20,669|18,453|
|Grants Received||30,360|7,500|
|||30,360|7,500|
|Total incoming resources||400,682|327,874|
|RESOURCES EXPENDED||||
|charitable expenses||||
|Trustees' salaries||34,736|34,836|
|Trustees'
pension contributions||5,905|6,162|
|Trustees'
social security||605|1,545|
|Trustees' expenses||547|263|
|Staff remuneration||25,958|30,694|
|Staf expenses||1,018|801|
|Hire of premises||25,958|22,400|
|Premises and insurance||21,615|21,031]|
|Light and heat
Sundries||5,098
45,411|5,312
29,887|
|Depreciation
offreehold property||19,000|19,000|
|Depreciation
offixtures and fittings||11,098|12,810|
|Gifts to institutions||73,845|84,859|
|Gifts to individuals||4,953|8,832|
|||288,999|278,432|
##
||||01/04/22|01/04/21|
|---|---|---|---|---|
||||31/03/23f|31/03/22|
|Governance|costs||||
|Salaries|||10,330|10,128|
|Pensions|||930|911|
|Social Security|||29|79|
|Legal fees||||131|
|Bank Charges|||75|30|
|Interest on|tax paid late|||153|
|Independent|examination|fees|3,150|2,820|
||||14,514|14,252|
|Support costs|||||
|Wages|||18,159|21,033|
|Pensions|||1,358|1,598|
|Socia I security|||152|546|
|Office and telephone|||6,466|7,599|
|Sundries|||2,901|2,186|
|Volunteers'|expenses||5|53|
||||29,041|33,015|
|Total resources expended|||332,554|325,699|
|Net (expenditure)/income|||68,128|2,175|