CHARITABLE INCORPORATED ORGANISATION NUMBER.. 1177764
New Life
Church
Woking
rsrAIYJ
R . g Aeknuen - frAklJ[ormikg7 eArfA
,on earth as it is in heaven., Matthew 6..10
High Street, Old Woking, Surrey. GU22 9BX
www.newlifewoking.com
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
for the year ended 31st March 2024

THE NEW LIFE CHURCH, WOKING CIO
CONTENTS
OF THE REPORTOF THETRUSTEES
& FINANCIAL STATEMENTS
for the year ended 31 March 2024
I. ADMINISTRATIVE DETAILS ,,,.,,....,................................
I. OBJEcfivES ANO ACTIVITIES ...........................
3. STRUCTURE, GOVERNANCE AND MANAGEMENT ........,....................
ACHIEVEMENTS AND PERFORMANCE ...............................
io
5. FINANCIAL REVIEW,,....,..,.......................................
.12
6. STATEMENT OFTRUSTEES, RESPONSIBILITIES..........
.13
INDEPENDENT EXAMINER'S REPORT YO THE TRUSTEES OF THE NEW LIFE CHURCH, WOKING CIO
.14
The Trustees present thelr report with the finan¢ial statements of the charlty for the year ended 31 March
2024 as required under the Charltles Act 2011. The Trustee5 have adopted the provlslons of the Statèment of
Recornmended Prac￿Ce ISORPI issued in 2015 for churches with a gross income of over £250.000.
New Life Church, Woklng CIO.Annual Report.. April 2013-March Z024Ver5ion 5

I. ADMINISTRATIVE DETAILS
Charltable IncDrporated Organlsation.. Reglstered Charity number.. 1177764
Charltable Unlncorporated Asso¢iation.' Reglstered Charlty number: 1136353
Principal Address
Igh Street
OLD WOKING
Surrey
GU229BX
Trustees of the Charitable Incorporated Organlsatlon
las at the AGM on 24th January 20241
Giles Gllllngham (Chalr of Trustees)
Tony Faccini ITreasurerl
Alan Nelson IPa5torl
Rowland Lynch
Peter Edwards Isafeguardlng Trustee)
Vlncent Sacco (Assotiate Pastor from May 20231
Trustee of the Charitable Unlncorporated Associatlon
The New Life Chvr¢h, Woking CIO
Independent Examlners
Bankers
Shaw Gibb3 Llmlted
Wey Court Wesl
Unlon Road
Farnharll Road
Surrey
GU97PT
Lloyds Bank
6 Commerclal Way
Wokln8
Surrey
GU216ER
GOVERNING DOCUMENT
The New Llfe church, W¢kin8 operates as a Charltable Incorporated Or8anlsation ICIOI and Is controlled by its
Governlng Document, a Constitthion adopted on 24ih january 2018. The Constltution is supplemented by the
Church Leadership Procedure5 and other pollcles that are set out In the Church Handbook,
All the assets of the Charllable Unincorporated Assoclatlon111363531 were transferred to the CIO on 14ih
August 2018, and the Unincorporated Charity is a dormant entity1Snked to the CIO under a Linking Order
Issued by the Charlty Commission and effectlve as of 22nd July 2018. The CIO is the sole member and Trustee
of the Unincorporated Charity.
NgwLlfe Church, Woking cio. Annual Reporl-.Aprll 2023-k4arth 2024Ver51or 5

2. OBJECTIVES AND ACTIVITIES
OBJECTIVES
New Life Church Ifornierly Kin8field
Baptist Church) was started in 1929 as
a Sunday School and Church plant from
the Ithenl Woking 88Ptlst Church. It
became an independent Baptist
Church in 1956 with 91 Foundation
Members.
The prlnclpal purpos• of the church is
the advancement of the Chrlstlan falth
according to the principles of the
Baptist denomination. The church may
Iso advance educatlon and carry out
other tharltable purposes in the
Unlted Kingdom and/or other parts of
the world. We do thls through the
promotion of Chrlstlan Falth, Charltsble Glvlng, Pastoral Support and general Rltes of pa￿a8•- weddin85,
funerals. baptisms, etc.
NLC FOUNDATIONAL DNA
New Life Church has Identified 5 areas of str•n8th that are Inherent In Its foundation (Our "Foundatlonal
DNA"). We seek to resource these area5 as much as possible in terms of commltmenL staff and finance. These
S strengths are,.
Youth & Children's Ministry
Biblical Teaching
Support for Overseas Mission
The place of15r8el in God's Purposes
Bein8 a "Place of Refuge & Grace" lor those bartered by the storm5 01 life,
NLC VISION STATEMENT
'We want to be a ehurch that equips all people to live a joyful and genuine Christian11fe through experlenclnq
the presence of God, Ilvlng by the word ol God, lovlng one another as the family of God. and transformlng the
world through the power and love of God."
MISSION STATEMENT
"We willseek tofulfll ourvision with qn7ce und Inteqrlty, acknowledging ourdependence on the Holy Spirit to
moke us o sacrlAlclulond lrtluslve community thot welcome5 011 people, and recognises thotoll people are on a
lifelongiourney of trc7nsformotion. We are motlvuted by Gods heart of loveforall people- revealed
supremefy in the life& ministry of Jesus Chri5t- irrespective of oge. religion, 5tqtus orgender..
NewLifeChurch, Wokin8 CID.Annual Reptyrt-. Aprll 2023-March 2024Ver5ion5

ACTIVITIES
The Trustees are aware of the Charity CommissSon's guid3nce on public benefit. In order to meet these
objectives, our activities Include those mentioned below, whlch are 811 open to both church
members/attender5 and the local and wider communlty.
WORSHIP SERVICES
While living through the aftermath of the Coron8viru5 Pandemic resulted In a dlmlnished con8re8ation, we cre
pleased to see some new folk attending the church. There is a growing sense of expectancy and hope as we
¢¢ntinue to pursue God's presence.
We continue wth our monthly Informal"Café-style" services which started In October 2021 as people were
ieturning to church after the Pandemic. While they were origlnally set up to relleve the pressures on worship,
youth and childrèn's teams, Café-style services have lor8ed an identity of their own offering a morè'inclusii'e"
and infomial style of servlce ihat Is enjoyed by manv.
We contlnue to stream servlces throu8h the Internet when we have sufficlent volunteers to operate the
streaming system. We do have some people who regularly.lune In" to these services, as do regular attènders
If they are away lor any reason.
CONNECT GROUPS
Our smallèr'connect Groups" contlnue a pattern of regular meetln6. There
continues to be a mlx of locus within the different groups, but all seek to enable
closer relatitsnships that encourage care and support. Slnce the appointment of
Vincent Sacco In May 2023, he has taken on responsibillty lor Connect Groups.
We are looklng for Connect Groups to be¢ome more focused on discipleship- encouraglng all partlclpants to
develop their walk with God.
nnect
ups
LOOSE THREADS.
Loose Threads connect group 15 Ostensibly a craftlnB group, but It serves as a way to ¢at¢h up with people,
become aware ol needs and also as a great frlendship group. It includes non-christians who feel comfortable
Comin8.
Thls year, among other things,
the group has been knittin8 5cft
toys lor a Children's OrphanaBe
we have links to in Kenya, and
also squares for the local
Maternity Unil that hdp
mothers and bables bond.
LOOSE
THREADS
i N4W.DiiN&Chnl
PASTORAL CARE
As alw8VS theie have been rnany pastoral needs during thi5 year and we are very grateful to those who have
given lifts, wsited people in their homes or visited people In hospital.
Alongside thls has grown the need for more people to be involved In the ministry of inner healing as new
people joln us from backgrounds thai have been dysfunctlon818nd trauma filled. In the autumn Andrew Bates
and Karen Nelson attended an NHS mental health course which wa5 very helpful, Some also attended a regular
support loom for people helping those with particularly deep-set trauma.
Alongside the visits and 8dwce our pastoral team and vO￿￿n1eers give, New Life also seeks to provide financial
help to those in need. There are occasional "one off, glfts made to people who find themselves in an
New LileChur¢h, W¢kin8 CIO. Annual Report'.April 2023-March 2024VersSon5

unexpected financial crlsls, and in addition to Food Bank clients- we also glve financial gifts to families and
others on the approach to Christmas.
We have run 2 Freedom-in-christ courses which have been well-attended and have brought freedom and
healing to many.
CHILDREN & FAMILIES
This year, we continued to provide weekly Brick Club lunchtime sessions at
our local school, Kinglield Primary School, which have helped children to
work together and regulate their emotions. Each session has a theme that
is connected to positive values and Christian stories. The clubs have been
enjoyed by the chlldren and will continue for the foreseeable future. We
are also involved in presentlng monthly a$5emblies at the school that are
based on blble stories and give the chlldren an opportunity to particlpate.
In the summer term of 2023, we worked alongside another outreach
charity, Engage, and another local church. by helplng Year 6 children in two
local primary schools with thelr transition to Secondary school. The-lvs
Your Move" initiative also involved our lolnt fundin8 of booklèts that were distributed to the chlldren to help
wlth thelr transition.
During the summer of 2023, a couple of staff were trained in Drawing 2nd Talkin8Therapy lo help settle four
children in the church who had additional needs. Each child received 12 sessions ol weekly therapy. This
Iherapy was also offered to our local school and has helped a chlld work through some difficultle5 and settle
back into school Ilfe.
During the Autumn term. we reached out to our local school and ran a craft stall raising £50 for the school.
We also provlded food hampers tg 5 familles who the schod identified as beifig In need.
AlonB5ide our Te8ulèr Sunday children's 8roup5, we arranged training by professionals who have expertise In
Additional Needs and Trauma for all our volunteers who are a part ol the Children's Minlstry at the church to
ensure that we are understanding and supportln8 the children we serve In the church and lo¢al tommunlty.
We have contlnued wlth our monthly family support group that was Initially meant to support parents of
children with additional needs only. Thls group was expanded to a Parenting Support Group as a way of
supporting all parents in raising their children,
YOUTH
In the last year, we have continued to run both Sunday and Friday youth provlsion with our team of dedicated
volunteer leaders. We've also had Will and Kari Nelson take up the running of the Frlday evening youth
group. We've valued their contributions and their creativity and joy as they run this. The youth have a150 just
begun to meet on Tuesday evenings for youth di5cipleshlp at the Sacco's home. We've had Nicola Rablndren
regularly help lead this, with occaslonal help from Debbie 8urn5. Thus, wlth our three youth ac￿VItieS we have
good mix of social. blble-study, community. and Chrlstlan practice that seek to see our youth transfomied bv
Gtsd's presence, love, word. and family.
The youth have been helping with leading worship at rnost Café-style Services as well. Il's been 8ood to see
the youth band back up and running. The youth also served at the Light Event in October.
In Novernber of 2023, we baptised five of our youth in one Service. It was a real joy to see them all confess
their faith boldly before the whole church family.
NewLifeChvrch, Woklng CIO.Annual Repor%..April 2023-March 2024Ver5ion5

MISSIONS
Local, N3tion31 and International MissSon continuès to be a focus of New Llfe Church.
We are blessed to have been able to maintain giving to organlsations and individuals
who are serving Chrlsvs mission in different ways,
KINGFIELD ARC (Acceptance, Restoration. Compassion)
continues as an umbrella for the communlty focused activities of NLC. This
enables each of our community-based projects to have a sense of mutual
support, and also enables communication across the projerts to promote more
harmony in terms of setting course dates and information sharing. The vario
projects that make up KINGFIELD ARC have 8rown organically through developlng relationships and dlscove'v
of local need5. These Include.,
FOOD BANK
The South Woklng Comrnunlty Food Bank ISWCFBI, run by New Life
Church INLCI. is now in its IO, year of operation. It is continuing to
provide emergency food parcels to families that are struggling in the local
¢ommunity.
Year 2023-24 has been the buslest on record Since the SWCFB started in November 2013. Demand has
continued to incrèase by a further 12.5%, whlch ¢an primarily be attrlbuted to the cost-of-living crlsls Ihlgher
food, fuel and energy costsl. Over the past year the Food Bank te3m have packed and delivered 490 food
parcels lover 9 per weekl to needy 3nd vulnerable families in the local community. Each food parcel cont8in5
about 80 item5 Ilresh food, non-perlshable food and hoitsehold produ¢t51 and nearly 40,000 item5 have been
8iven awav.
Durlng the year the SWCFB has recelved 8rants totalllng £23,020 and this ha5 helped the Food Bank to
purchase the necessary food and household products that are needed for each of the food parcels. £5.000
came from the Communlty Foundation of Surrey ICFSI and £18.020 ¢arne from Surrey County Councll ISCCI as
part of the 8overnment's Household Support Fund IHSFI.
rhe 490 food parcels were 8lven to 53 new clients as well as slgnllicant number of existin8 clients that still
need to be supported. About 50% of the food b3nk clients are single parent farnilies, 25% are two parent
famllles and 25% are single people,
The small but c¢mmitted team of volunteers, prlmarily from NLC, pack and then dellver food parcels to cllents,
hornes on Wednesdays each week. Durin8 the vlsit the team take the opportunity to di5CUSS the cllents,
sltuations and where posslble- slgnp05t them to other aBencles in the local area thèt may be able to help the
farnilies wlth specific needs (furniture, white goods, debt counsellin8, mental health, addictlon support etc.).
CHILL'N, CHAT
Our communlty drop In,"Chill 'n' Chaf
continue5 to be well received. We offer a warm
welcorne with hot drinks and brunch and have a
team on hand to listen and chat to guests. The
alm Is to provide a place of belon8ing for guests
where they can be8in a journey toward5 a fuller
life. It continuès to be appreciated t)y local rnen
Im3inlyl who are Isolated and who stru88le with thar rnental health at various levels. One
of the fruits of this ministry is the friendships formed between guests. A number of gue5tS
joined us for a summer outing to nearby Waverley Abbey House.
'IDppreclJteehillLTndchol
èEcou5eii means thot Ictrrt htsve
sole tsndhttppyploce to go to
know thoi iflneed to tolkabout
onything thLTll Ihot tliere Lvlllbe
someone IhDtwlllhelp me.
New Lifp Church, wo￿ne CIO. Annual Report.. Aprll 2023- March 2024Verslor 5

ALPHA
We offered an evening Mpha course which ran from the end of January to the end of March.
We had 5 guests attend who enjoyed delicious meals together and great conversations around
the evenin85' topics. It was good to see people engaging with the course and growing in their
understanding of the Christian faith and its relevance to them.
As well as runnlng these groups, we are committed to walk with people for the long haul to offer support and
friendship. and a number of church members give their time to do just that.
CAP MONEY COACHING
During the year, two church members 8Qt tralned up to run CAP (Christians Against
Poverty) Money Coachlng, a course whlch helps people to mana8e their finances
well. We had hoped to launch the coursé in the New Year but one of the indivlduals
has had to drop out due to other commitments. So, thls initiative Is on hold as we
seek a new volunteer.
PARTNERING WITH OTHERS
HALE END COURT
It was September 2022 when we started runnlng monthly services for the residents of a
new local, council run'As515ted Living, residence. The council invited
us to serve the residents in thls way a5 they had seen it work well in
their other'Assisted Living, residence. These services are jointly run
by us and St. Peter's Church. Wè offer a short Service and then take
tlme to enjoy tea and conversatlon with residents. A highlight was the Christmas Carol
service where one of the staff mèmbers jolned us In puttin8 on a humorous and
en8agin8 nativliy plav.
CORONATION GARDEN PARTY
Due to the success of ourjubilee Garden Party Iminl Fun Dayl13st
year, we once a8ain p8rtnered wlth our Angllcan friends to host a
repeat event to celebratè the King'5 Coronation in May. As before,
thls wa5 held in St. Mark's Churth garden. The event Was again
greatly appreciated by all sectlons of the ¢ommunity. Young
families enjoyed the many fun activitle5 on offer, while seniors
enjoyed coming together, soakin8 UP the atmosphere over a cup of
tea and 51ice of cake. As ever, both churches enjoyed and
appreclated worklng together. Indeed, neither church could have
staged an event like thls alone.
WoklnB Mayor
Coron?tIDn Ihèmel
LIGHT BEACONS
Our Light beacon, Halloween alternative. was once again well received by the local
community. We have been running these Since 2010 alongside other local churches
and numbers attending remained high-this year, we agaln gave out t. 200 hot dogs,
and had numerou5 children take part in a craft aclivlty that was run by our church
youth group. People continue to appreciate the sense of safety at the beacon and the
fact that we are offering an alternative to Halloween.
New LlfeChur¢h, Woklng CIO. Annual Report.. Aprll 2023- March 2024Verslon 5

REVIEW
We review all our attqvities on a regular basis to ensure they fulfil our alms and oblectrves. This is done
through the regular meetlngs of the Trustees. Elders, Exècutive and Church Members.
VOLUNTEERS
The Church contlnues to benefit 8reatly from the voluntary seN]￿S of ourTreasurer, leaders, offlce holders
and helpers. We acknowledge that the work of the church would be greatly reduced wlthgut the comrnitted
Involvernent of so many in every area of church Ilfe., Children and Youth Mlnlstries, Audio Visual, Worship
Team. PrayerTeam, Various group leaders, Chalr layout, Cornmunlty Actbvltles, etc... Thank you, everyonel
3. STRUCTURE, GOVERNANCE AND MANAGEMENT
Property
Thè Baptlst Unlon Corporatlon Llmlted Is the custodlal trustee of the church bulldln8 and land on behalf of the
CIO as the benefl¢lal owner. The Trustees of th8 CIO take responsibllltyfor ensurln8 Its care and upkeep. The
chureh Is affiliated to the Baptlst Union of Great Brltaln, the Evang4ll¢al Alllance, and the South Eastam
Baptlst Assoclatlon.
Rules and Regulatlons
The church Is managed in accordance wlth Its Constltutlon and Church Leadershlp Procedures. These
documents set out thé rule5 4nd re8ulatlons 6overnln8 the chur¢h, Includlng membership, appoSntments of
Pastors, Staff, Trustees, Elders, Executlve, other leadershlp roles ènd church meetlngs and also contaln the
Declaratlon of Falth.
Trustees
When needed, the existlng Tru5t8eS seek to recrult from among the members those who have the abllitles and
skSlls required tQ Serve as Trustees. The Trustee$ and Treasurer are then appolnted In accordance wlth the
Constitution. Tru5tee5 are legally responsible to the CharSty Comrnisslon for all aspects of ffinance and
8overnancq of New Llfe Church, for staff appolntmenls l appra15als, and for overseelng Safeguardlng. The
Trustees meet on a quarterly basi5 prior to Church Members, Meetin85. At thejanuary AGM Rowland Lynch
was reappolnted for a further three-yèar term.
Elders
Elder5 are appolnted by the Church Meetlng In accordance wlth the Church Leadership Procedures. They are
responsible for the spirltual vlslon and dlrectlon of New Life Church, pastoral support of members and
attenders, the prDgramme of teaching and preaching, outreaeh and misslon. Elders meet twlce per month for
bu51ness and prayer. At the Aprll Church meetingAndrew Bate5 was appolnted as an Elder for a three year
temi. At the January AGM Rowland Lynch and Nicky Blll were each reappointed for a further three-year tem.
Executive
The Executive handles matters of flnance, compliance and practlcal organisation for the church and Is
appointed In accordance with the Church Leadershlp Procedures. The Executlve Is accountable to theTrustees
In the fulfllment of thelT dutle5. It meets on a monthly basls.
Other Leadershlp Roles
Other wider leadership app¢lntmehts are made in accordance wlth the Church Leadership Procedure5. Such
appolntmenis would include Connect Group leaders. youlhlchildren's leaders etc. and would cover all church
teams. These wider leadershlp groups meet re8ularty withln thelr own teams and are a¢countablÈ to the
New Llfe Church. Wokln8 CIO.Annual RÈPOrt', Aprll 2023-bAarEh 2024v￿￿on S

io
PastorlElders. We also have a stringent Safeguarding poSi¢y. All those with accèss to children, youth 4nd/or
vulnerable adults are required to have an up-tTrdate DBS check.
Staff
Our Staff Team work In association wth the Leadership team (Elders & Trusteesl. Staff are appointed by the
Church Members, Meetin8. Members of the Staff Team have regular appralsals and meet weekly for prayerful
support. This year the Staff Team has seen some changÈs. We are pleased to have appointed Helen Shandley
to take on thè fole of Church Admlni5tratlon. We are also delighted to have appolnted a new Assoclate
Mlnlster, Vincent Satco, who splits hls Tespon51bllltSes between overseeingyouth and general Ministerlal
duties. Both Helen and Vincent started working in May 2023.
Alan Ne150n: Pastor IFrri
Vlncent Sacco.. ksociate Minister14 days per weekl
Helen Shandley: Administrator120 hours per week
Carol Harrlngton: Financial Controller112 hour5 per weekl
Kareh Nelson: Pastoral Worker116 hours per weekl
HèatherThompson: Chlldren's Work Consultant1Self-employedl
Nlcola Rablndren.. Children & FamSlles Team Leadèr116 hours per weekl
Andrew Bates: Outreach Team Leader116 hours per weekl
Rlsk Management
The Trustees have a duty to Identlfy and revlew the flnanclal risks to whlch the charlty Is exposed and to
ensure approprlate controls are in place to provide rea50nablÈ assurance agalnst fraud and error. The
Trustees a150 have a duty to ensure other rlsks are Identlfied, ellminated or approprlately managed throu8h
the reBular revlew of pollcle5 coverl¥4 Chlld Protectlon, Health & Safety and Drugs & Al¢oh¢l. In addltlon,
land as part of the H&S Pollcyl there 15 an annual 'church wide, RlskAssessment, and all Indlvldual groups
usln8 the bulldin8 are requlred to complete the1r own Rlsk Assessment.
4. ACHIEVEMENTS AND PERFORMANCE
Church Membershlp
Durln£ the year ending 31 March 2024.. 4 people came Into membershlp, 3 Membws reslgned12 of whom had
moved away), 6 people were bapt15ed, and l Member died.
Members, Meetings
The meetings for the last Ilnanclal year were on 26th Aprll, july, 18 October 2023, 24 January and 24,
March 2024. The meetlng on 24, March was a Special Churth meetlng to aptxove the budget. The Meeting
on 24 January 2024 wa5 also an AGM.
Normal business procedure5 are followed wlth cl¥culation of Agendas, Minutes. and a Pastoral Letter which
glves background to some ¢1 the major is5ue5 for dlscusslon and decision. All key matters for Information and
decision were processed at these meetin85.
Princlpal Aims and Outcomes for the Year Ending March 2024
AIM ONE: Bulldlns Projeci-To ¢omplete Phase 2 and pait of the Phase 3 work, continue local Fund-raising
and pursu2 applications to Grant.maklng bDdie5 Wlth a view to completlng the remalnder of the Phlse 3 work
at the earliest opportunity.
New Llfechwth, WoklD8 QO.Anrnual Rep¢rt..Aprll 2023-Mar¢h 2024Verskin 5

li
OUTCOME: An enhanced "Phase 2" has been completed whlch has provTdèd a disabled lift enclosed In a larger
atriurnlentrance to the church and glvlng accèss to the l>t floor. The iyl Iloor Itself has an enhanced lobby a￿a
that gives access to the main hall. The work wa5 completed by the end of February and included some extra
elements to Improve safety including external bollards to protect the atrlum from vehl¢les belng drlveh into IL
Provision has also beén Made for the installation of CCN whlch will monltor pe¢ple accessing the bulldlng as
well as actiwtiès in the car park
We have had dlsCU5sions with the local Borough Councll as rnany of the Councll run facllltles are belng closed.
They have said they can slgn-post comrnunitygroups that have lost thelr space towards NLC which will help
develop the use of the bu11dlng for wlder communlty purposes.
Development of the flnal phase Idlsabled toilets on the 1st floor 3nd an upgrade to the structure and décor of
the maln hall) has been put on hold whlle we consolidate the general flnan¢es of the church. It is hoped to
recommencè fundraising for the fSnal phase once overall church funds are consolldated and in a more
sustainable posltlon goingforward.
AIM TWO: Post Covid-19 recovery- To Reach, Rèstore and Release members ol the ¢hurch following the
perlod of lockdownlrestrlctions. To rebulld team5 wlthln the church that have been particularly impacted as a
result of Covld-191È.8. WDrshlp team, chlldren's team, youth te8m, tech team).
OUTCOME: We are pleased that the Chlldren's and Youth team5 have been enhanced, but there is stlll the
need to provlde a further team leader to give complete cover. We have an addltlonal worshlp leader and the
Associate Pastor Is startlng a youth band, both ol which will help Cover worshlp. We do st115 requlfe volunteers
for the technlcal team, but thls15 provlng to be a dlfflcult ream to recrult to.
AIM THREE., Outreach- Contlnulng to expand the work of Kln8fièld ARC by IdentSfylng local needs and
adaptlng courses and helpers lo flt. Malntslnln8 the drop-ln café to serve the local communitv.
OUTCOME.. Food 8ank cgntlnues to provlde a Ilfellne to many In our local communlty. "Loose Threads" and
"Chlll 'n' Chat" provlde a place where people Irom the local communlty can meet tO8ether. Alpha also
¢ontSnue5 to be a place where people cèn explore faith whlle a150 bullding relatlonshlps,
AIM FOUR: Dlsclpleshlp. ExploYSn6 ways to enhance Lifelon8 DisclF4e5hlp wSthln the Church Famlly.
OUTCOME.. Our Asso¢late Pastc*r15 Passionate about Ilfelon8 dlscipleshlp, and Is worklng to grow opportunltles
for thls. We are Continulng to look at a varleiy of resources that we can off2r midweek to people In all stages
of Ilfe and falth so that we can all contSnue to grow. We are looking to establlsh a Connect Grtsup that focuses
on famllles wlih younger children, and also a group that wlll nurture new Chrlstlan5.
Princlpal Aims for the Year Ending March 2025
AIM ONE,. Vlslon and culture-To r911 out a fresh VSslon and Culture throughout the church.
AIM TWO.. Bulldlng Prolect-To start the Intern31 reconstruction of the I, Floor including upgradin8 of the
Uppér Hall when funds permlt. This intludes maklng further applicatlons to grant makin8 bodies.
AIM THREE: Oirtreach-To continue to expand the work of Kingfleld ARC by identifylng local needs and
adaptlrtg courses and helpers to fit. Maintaining the drop-ln café to serve the Ioc01 communlty.
AIM FOUR: M15$1on Partners- To revlew mission partners support Such that we can move towards a more
transparent 3nd fair mean5 of stewar(ling resources for both local and global mi55ion.
AIM FIVE: Dlsclplèship-To contSnue to explore way5 to enhance LSfelong Discipleshlp wlthln the Church
Family. This Includes lookin8 to provide more Connertgroups.
New LlfeChur¢h. wo￿n$ CIO.Annual Report.. Aprll Z023-March 2024 Versl¢r 5

12
AIM SIX.. Income-To look to Improve income as a result of the cornpletion of Phase l and 2 of the buil(fing
project.
5. FINANCIAL REVIEW
Reserves policy
It Is the policy of the church to have a general fund with suffitlent reserves to cover up to slx months.
expend1ture but recognislngthat there may be limes when this level needs to drop so as not t¢ resirtct the
more immedlate need5 of thè church. The level of reserves Is monitored regularly. A budgeted level ol
support for mission work and mernberslartenders of the fellowshlp who are in financial need is made by
means of transfer from the general fund 35 rÈquir&d. There Is a150 a Bulldlng Fund Snto whlch 5UTpIus
unrestrlcted funds can be transferred.
Many members of the church also make addltlonal gift5, whl¢h are for thè purpose of support for the building
fund, misslon work, or membèrs of the fellowshlp and wider comrnunlty who are In flnancial need. These are
consldered to be restrlcted funds and are treated accordingly.
Flnally, there Is a ¢apltal reserve malnly relatin8 lo the value of the church bulldlng at ￿nEfield.
Missions giving policy
It has been the longstandlng policy of the church to set a51de a sum of around 2S% of total Income to asslst
those involved In Chrlstlan based work enhanclng the lives of those in thelr communlt5es, many of whom wlll
be overseas. Support is provlded, taking Snto a¢¢ount alternatlve sources of support and local costs of livin&
In addltion, local groups seeking to work wSthln schotsls and the local communlty are assisted In thelr alms.
Flnally. church membtrs in tralnln8 retelve support for their course lee5. Thls Is suble¢i to the Trustee5
?cceptlng thatthelr tralnln81s as a result of a Chrlstlan call ènd Is Ilkely tu bèneflt the wider church In the
l¢n8er term.
New LlfeCh¥rrh.Wobln8 CIO.Annual ReporL. Aprll 2023-March 2024Verslon 5

13
6. STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responslble for prÈparing the report of the trustees and the financlal statements in
accordance with the appllcable law and United Kingdom Generally Accepted A¢¢ciuntlng Practice.
Thé law applicable to charitles sn England and W3les. the Charlties Act 2011, the Charity (Accounts and
Reports) Re8ulatlon5 2008 and the provisions of the ConstI￿tion requires the trustees to prepare financlal
statements for each flnancial yèar which give a true and lair vlew of the stale of affalrs ot the charity for that
perlod. In prÈparing those financlal statements, the Irusiees are required to,.
Select Suitable accounting policles and appl¥ them conslslenlly.
Observe the rnethods and prlnclples in the charity SORP.
Make judgements and estim2tes that are réas0rfjb￿ and prudent.
State whether appllcabie accountancy standards have beèn followed, subject to any matertal
departures dlsclosed and explained in the financial gt8tÈment5.
Prepare the flnanclal statements on the 8oin8 concern basis unless It Is inapproprlate to
presume that the charity will continue in busSness.
The Trusiees are responslble for keeping proper accountlng recorcls whlch dlsc105e wlth
reasonable accuracy at any time the flnanclal ptssltlon of the charlty and to enable them to ensu-e
that the financial staternents comply wlth the Charities Act 2011. the Charity (Accounts and
Reptsrtsl Regulations 2008 anij the provisions of the Consrllutlon. They are also responsible for
$8fe8uarding the assets of the charity and hence for taklng reasonable steps for the prevention
and detection ol fraud and other Irre8ularltles.
ON 8EH
TH
AR
Chair of Trustees
NewLiftChur¢h, WO￿￿$ UO. AnnLHI Report.'Aprll 2023-March 2024 Verslon5

14
7. INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF THE
NEW LIFE CHURCH, WOKING CIO
I report on the accounts for the perlod ended 31 March 2024, which a￿ set out on pagés 15 to 27.
REsPE￿1VE RESPONSI8IUTIES OF THE TRUSTEES AND THE INDEPENDENT EXAMINER
The charity's trustees are responsible for the preparation of the account5. The tharity's tru5tee5 con51der that
the audlt requlrement of sertlon 144 of the Charit52s Act 2011 (the Act) does not apply and that an
independent ex¥mlnatSon is needed.
The charitls gross income exceeded £250,000 and l am qualified to undertake the examinatlon by being
quallfled member Of the Instltute of Chartered Accountants in England and Wale5.
It is my responsSbillty to..
Examine the accounts under 5ectlon 145 of the Act;
To follow the procedures lald down in the General Directions glven by the Charlty Commlsslon undèr sectlon
14515llbl of the Act; and
To st8te whether partlcular matte¥s have come to my attentlon.
BASIS OF INDEPENOENT EXAMINER'S REPORT
My èxamlnation wa5 carrled out In accordance wlth the General Dlrectlons glven by the Charlty Comm15510n.
An examlnatlon includes a review of the accounilng record5 kept by the charity and a comparison of the
accounts presented with those retords. It also includes conslderation of any unusual items or dlsclosures in
the ac¢rJunts and seeklng explanatitsns from the trustees concernlng such matters. The procedures undertaken
do not provide all the evldence that wovld be requlreil In an audlL and consequently no oplnlon15 8lven a5 to
whether the atcounts present a 'true and falr view, and the report is Ilmlted to those matters set out In the
statement below.
INDEPENOENT EXAMINER'S STATEMENT
In connectlon with my examlnatlon, no matter has come to my attentlon..
I, Which glves me reasonable cause to believe that in any materlal respect the ￿qUIrementS..
to keep accounting records in accordan￿ wlth section 130 of the 2011 Act,. and
to prepare ac¢ount5 whlch accord with the accountlng records and t¢ comply wlth the
accounting requirements ol the 2011 Act have not been met,. or
2. To whlch, in my opinion, attention should be drawn In order to enable a proper understandlng
of the accounts lo be reached.
Slgned
Date
Lance Redman BSC ACA FcfA
Shaw Glbbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT
New Life chVrth.Wo￿ll1 CIO.Annual R£port=Aprll 2023-Marth Z024Verslon 5

15
STATEMENT OF FINANCIALACTIVITIES for the
ear ended Ilst March 2024
Unrestricted
funds
Designated
funds
Rèstricted
fund5
Total
funds
Notès
INCOME AND ENDOWMENTS
DonatlOn5 and Legacies
Charitsble Activities
Investments
Grants Recelved
203,233
22,730
8,292
32,529
151,157
386,919
22,730
8,292
54,705
54,705
Total
234,255
32,529
205,862
472,546
EXPENDITURE
Expenditure on Charltable Actlvltles
Missions
Churth
Governan￿ Costs
42,322
213,798
15,403
29,299
61,712
71,621
310,529
15,403
35,019
Total
271,523
35,019
91,011
397,553
NET INCOMEIIEXPENDITUREI
.37,268
-2,490
114,851
75,093
TRANSFERS BETWEEN FUNDS
17
225,264
-225,264
NETMOVEMENT OF FUNDS
187,996
-2,490
-110,413
75,093
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD
847,239
20,656
121,491
989,386
TOTAL FUNDS CARRIED FORWARD
1,035,235
18,166
11.078
1,064,479
New ￿leCh￿r￿, WoklnECIO. AnThu￿ Repoit.'Aprll 2023-￿rth 2024VErsv￿s

16
STATEMENT OF FINANCIAL ACTIVITIES for the
ear ended 31st March 2023
Unrestrfcted
funds
Dèslgnated
funds
Restrlcted
funds
Total
funds
Note5
INCOMEAND ENDOWMENTS
Donations ahd Legacies
Charltable Activitles
Investments
Grants Received
247,018
20,669
3,087
10,656
88,892
346,566
20,669
3,087
30,360
30,360
Total
270,774
10,656
119,252
4QO,682
EXPENDITURE
Expenditure on Charltable Activities
Mlsslons
Church
Governan¢e Costs
56,422
202,332
14,514
22,376
36,910
78,798
239,242
14,514
Total
273,268
59,286
332,554
NET INCOMEIIEXPENDITURE)
.2,494
10,656
59,966
68,128
TRANSFERS BETWEEN FUNDS
17
-21,750
10,OOD
11,7SO
NET MOVEMENTOF 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
Ntwllfe ChJrch,WO￿nSCI0.Annllal ReprtAprH2023- March 2D24Ver51on5

17
BALANCE SHEETas at 31" March 2024
Notes
2024
2024
2023
2023
FIXED ASSETS
Tangible Assets
12
933,431
739,080
CURRENT ASSET5
Debtors
C35h at bank and In hand
13
28,338
136,275
22,637
238,097
164,613
260,734
CURRENT LIABILITIES
Credltors: Amounts due
wlthln one year
14
-33,565
-10,428
-33,565
-10,428
NET CURRENT ASSETS
131,048
250,306
NET ASSETS
1,064,479
989,386
Represented by:
FUNDS
16
Unrestricted fund
Designated fund
Re5trScted funds
1,035,235
18,166
11,078
847,239
20,656
121,491
1,064,479
989,386
The flnanclal statements were approved by the Board of Trustees on
behalf by..
and were signed on Its
Trustee Ichalrmanl
Trustee ITreasurerl
New Llfechurch. Wgklng CIO. Annual Report'.Aprll 2023-M&tch 2024Verlch 5

18
NOTES TO THE FINANCIAL STATEMENTS forthe
ear ended 31 March 2024
ACCOUNTING POLICIES
Accounting convention
The financial statements of the Charltable Incorporated Organisation, whlch Is a public benefit
entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 102}
"Accounting and Reporting by Charities: Statement of Recornmended Practice applicable to
charities preparing their accounts in accordance with the Recommended Practice Standard
applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151" Financial
Reporting Standard 102" The Financial Reportlng Standard applicable in the UK and Republic of
Ireland" The financial statements have been prepared under the historical cost convention.
Incomlng recognltion
All incoming resources are included In the Statement of Financlal Activities when the charity is
legally entitled to the Income and the amount can be quantified with reasonable accuracy.
Donatlons are recognised when the donation has been received. Interest on funds held on
deposit is included when the Interest has been paid by the bank,
Expenditure recognltlon
Expendlture is accounted for on an accruals basis and has been classified under headings that
ag8re8ate all cost related to the category, Where costs cannot be directly attributed to particular
headlngs, they have been allocated to activities on a basis consistent with the use of resources.
Grants offered Subject to condltlons which have not been met at the year-end date are noted a5
a commitment but not accrued as expendlture,
Allocatlon and apportlonment of support and governance costs
Support C05ts comprlse direct expendlture on the employment costs of salaried employees,
travel expenses and other directly related exper)ses includln8 office and bullding costs. The costs
have been analysed in note 8,
Governance costs comprise all costs involvln8 the publlc accountabllity of the charity and Its
compliance with regulatlons and 8ood practlce. These costs have been analysed in note 9.
Charitable activitles
The expenditure on charltable actlvitles Include grants madei governance costs and an
apportionment of support costs as shown In note 5.
Tangible flxed asset5
Depreciatlon Is provided at the following annual rates In order to write off each a55et over its
estimated useful life.
Freehold property
-2% on cost or valuation
Fixtures and flttlngs
-25% on cost
Computer equipment
-25% on cost
Improvements to property
-2% on cost
Assets costing £1,500 or more are capitalised and valued at depreciated historical cost. All other
assets under thi5 amount are expensed to the Statement of Financial Activities.
Taxatlon
The charity is exempt from tax on its charitable activitles.
Fund accountlng
Unrestricted funds can be used in accordance with the charltable objectives at the discretion of
the trustees.
Restricted funds can only be used for the particular purpose within the objects of the charity.
Restrlctlons arise when specified by the donor or when funds are raised for particular restricted
purposes.
New Ufechurth. WaklnKCIO.Anfjual RoPOrt'. Aprll 2023-March 2024Verslon 5

19
Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
Leasing Commitments
Rentals paid under operating leases are charged to the Statement of Financial Activitie< on a
straight-line basis over the period of the lease.
Pen51on costs and other post-retirement benefits
The charity operates one pension scheme, whlch Is a deflned contribution pension scheme,
where the contributions payable are charged to the Statement of Financlal Activlties In the
period to which they relate.
New (Ifechurch, WokihgCIO.AmnLTII Repart.. Apdl 2023-Mirth 2074Version 5

20
NOTES TO THE FINANCIAL STATEMENTS for the
CONTINUED
2. VOLUNTARY INCOME FROM DONATIONS AND LEGACIES
01104123
31103124
ear ended 31" March 2024
01104122
31103123
Gift Aid donations
other donations
229,077
157,842
202,916
143,650
386,919
346,566
3. INCOME FROM CHAR ￿ABLE ACTIVITIES
01104123
31103124
01104122
31103123
Other in¢ome
22,730
20,669
22,730
20,669
4. INVE5TMENTINCOME
01104123
31103124
01104122
31103123
Deposlt attount Interest
8,292
3,087
8,292
3,087
5. CHARITABLE AcfiviTIES COSTS
Grant fundlng of
actlvltles Support Costs
Is•e note 71 l$ee note 81
Dlrect Costs
(see note 61
Totals
Church
Misslons
281,513
3,615
71,621
25,403
310,531
71,621
281,513
75,236
25,403
382,152
6. DIRECT COSTS OF CHARITABLE AcfiviTIES
01104123
31103124
01104122
31103123
Trustees, remuneration
Trustees, expenses
Staff remuneratlon
Staff expenses
Hire of premises
Premises and insurance
Li8ht and heat
Sundries
Depreciatlon
64,903
768
42,194
794
37,410
19,079
11,185
72,648
32,532
41,246
547
39,210
1,018
25,958
21,615
5,098
45,411
30,098
Note 18
Note 18
281,513
210,201
Hire of premises includes an operating lease commitment for a house which is belng used as a manse.
NÉW ￿feChUrCh, Wokln8CV).Annual Report.. AprS12023-March 2024Ver510ts5

21
NOTES TO THE FINANCIAL STATEMENTS for the
CONTINUED
ear ended 31, March 2024
7. GIFfs MADE
01104123
31103124
01104122
31103123
Missions
Church Fellowship
Bank charges
71,493
3,615
128
73,778
4,953
67
75,236
78,798
The total 8rant5 paid to In51itutlons and Indlvlduals durlng the year was as follows
Unre5trlcted
Re5trlcted
Total
01104123
31103124
Total
01104122
31103123
01104123
31103124
01104123
31103124
A&C DeFrelta5 IYWAMI
8,725
Across Mlnlstrles
1,610
Andrew Bates Istewardshlp Fundl 2,200
Churches Together in Woklng
Elam Minlstries
Engage
Ezra IUKI
Fellowship Fund Glfts
Gundula Koethni81South Afrlcal 6,790
H Thompson (Powerpack Mlnistryl 8,860
Israel (see detail belowl
7,725
N & J Sayer5 IFullness and Fun)
Pat Frame (Ezra Internatlonall 3,010
Rornania
1,385
Splrit Matters
Street Angels
Other 8ifts made
7,340
16,065
1,610
2,200
15,593
1,580
2,130
80
I,iio
2,970
5,700
2,237
14,807
9,662
11,000
900
5,545
1,360
750
500
2,717
3,030
3,030
800
1,013
11,105
10,323
18,440
900
5,635
1,385
1,013
4,315
1,463
10,715
900
2,625
2,602
2,602
45,937
29,171
75,108
78,731
Israèl Dètall
Mark Ashkenazl
Guy Cohen
Lev Havkim
Chrlstlan Frlends of Israel
Prayer for15rael
2,575
2,575
2,575
3,219
4,277
3.219
5,794
6,852
5,794
2,500
2,500
2,500
2,300
1,200
7,725
10,715
18,440
11,000
New Llfecburch, W0￿￿￿ClO. Annual Report.. Aprll 202¥-March 2024V¢r$lon5

22
NOTESTO THE FINANCIAL STATEMENTS for the
CONTINUED
ear ended 31$1 March 2024
. SUPPORT COSTS
01104123
31103124
01104122
31103123
Salaries
Pensions
Social security
Expenses
Office and telephone
Volunteels Expenses
Sundries
15,208
1,256
339
31
5,832
18,159
1,358
152
6,466
2,737
2,901
25,403
29,041
9. GOVERNANCE COST5
01104123
31103124
01104122
31103123
Salarle5
Pension
Social Securlty
Expenses
Bank charges
Sndependent Examiner'5 Fees
10,950
985
81
10,330
930
29
li
3,370
75
3,150
15,403
14,514
10. TRUSTEES, REMUNERATION AND BENEFITS
01104123
31103124
01104122
31103123
Trustees, salarles
Trustees, penslon contrlbutlon
Tru5tees' 50¢ial securlty
54,894
8,278
1,731
34,736
5,9)5
605
64,903
41,246
01104123
31103124
01104122
31103123
TTUStees' expenses
768
547
As part of hls remuneration package, the minister. Rev. Alan Nelson, who is also a trustee of the charlty, ha5 received the non.
taxable benefit ol the use of a Manse, a property owned by Rev. Nelson and leased from hirn by the Church at 3 rental of
£21.000 per annurn. The associated service costs. namely gas, electricity, council tax and water are all pald by thè thurch.
Thèse costs and the rent amount to £26,745 and 3re all included in Hire of Prèmlses, under direct costs of charitable actlvltle5.
Furthermore. the church has felmbursed Rev. Nelson a total of £500 expensès such as conference accommodation costs ond
mileage.
The church ha5 a150 Colltributed E6,259 towards Rev. Nelson's pension which Is with the Bapt15t Unlon Pension S¢h@me.
As part of his remuneration package, the associats minister, Rev. Vlncent Sacco, who is also a trustee of the charSty, has received
the non-taxablÉ benefit of the use of a Manse, a property leased by the church. The rent paid durin8 the year was £5,389. The
associated servke costs, namelygal electricity, council tax and waier are all paid by the church.
New Ufechurth, Wokln8CKI.Annual RÈport'. Aprll 2023-Mar¢h 1024Verslon S

23
NOTES TO THE FINANCIAL STATEMENTS for the
CONTINUED
ear ended 31, March 2024
These costs and the rent amount to £10,665 and are all included in Hire of Premises, under direct costs of charitable 3ctivities.
The ¢hur¢h also paid the moving costs for Rev. Sacco which amounted to £2,472. This amount is included in Sundries. under
dlre¢t Costs of charitable actlvltles.
Furtherrnore, the church hJ5 reimbursed Rev. Sacco a total of £268 expense5.
The church ha5 also contributed £2,018 towards Rev. Sacco's penslon which is with the Baptist Unlon Penslon Scheme.
The number ofTrustees to whom retlrement beneflts are accruing under a defined contrlbutlon scheme 1$ 2.
11. STAFF COSTS
01104123
31103124
01104122
31103123
Wages and salarles
Other pension costs
Soci81 security
119,623
13,776
2,517
99,251
11,226
938
135,916
111,415
The average monthly number of employees durlng the year was as follows,.
01104123
31103124
01104122
31103123
Trustee
Dlrect Charltable
Support
Governance
No employee earned more than £60,000.
12. TANGIBLE FIXED ASSETS
Improvements
to Property
Freehold
Propèrty
Flxtures &
Flttln8S
Computer
Equipment
Total
COST
A5 at 1° Aprll 2023
Additions
Disposals
257,659
225,264
1,022,000
75,986
1,619
16,399
1,372,044
226,883
-1,787
-1,787
A5 at 31" March 2024
482,923
1,022,OOD
77,605
14,612
1,597,140
DEPRECIATION
As at I, April 2023
Charge for the year
Disposals
247,075
10,033
300,000
19,000
69,490
3,499
16,399
632,964
32,532
-1,787
-1,787
A5 at 31" March 2024
257,108
319,000
72,989
14,612
663,709
NET BOOKVALUE
As at 31" March 2024
225,815
703,000
4,616
933,431
As at 31" March 2023
10,584
722,000
6,496
739,080
NewLife Church, WokihE CIO, Artnual Report'.Aprll 2023-March 2024Ver￿on

24
NOTES TO THE FINANCIALSTATEMENTSforthe
CONTINUED
13. DEBTORS., AMOUNTS FALLING DUE WITHIN ONE YEAR
ear ended 315t March 2024
2024
2023
Gift Aid tax recoverable
Sundry creditor
28,338
21,362
1,275
28,338
22,637
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONEYEAR
2024
2023
Trade credltor5
Taxatlon and social security
Unsecured loan
11,565
2,000
20,¢X)O
9,720
708
33,565
10,428
15. ANALYSIS OF NEfASSETS B￿WEEN FUNDS
31103124
2024
Restricted
funds
2024
Total
funds
2023
Total
funds
Unrestrlcted
funds
Flxed a55els
Current assets
Current liabilities
933,431
153,535
-33,565
933.431
164,613
-33,565
739,080
260,734
.10,428
11,078
1,053,401
11,078
1,064,479
989,386
16. MOVEMENT IN FUNDS
AI 01104123
Net
Tran$fer5 & At 31103124
movement adjustments
Unrestrlcted fund$
General funds
Deslgnated funds
Capital reseNe
107,995
20,656
739,244
-6,355
-2,490
-30,913
101,640
18,166
933,595
225,264
867,895
-39,758
225,264
1,053,401
Restricted funds
Fellowship fund
Mi55ion fund
Building fund
Food Bank Grants fund
Food Bank fund
Other funds
2,438
2,842
114,861
.288
59
113,365
2,150
2,901
2,962
-225,264
5,891
-4,541
.3,727
5,442
2,164
901
TOTAL FUNDS
989,386
75,093
1,064,479
Èwllfe Churth, Wo￿￿$a￿.AThTr￿I RÈpDrt'.Aprll 2023- March 2024Ver51oD5

25
NOTES TO THE FINANCIAL STATEMENTS for the ear ended 31" March 2024
CONTINUED
16, MOVEMEKf IN FUNDS Icontinuedl
Net movement in funds included in the above are as follows:
Incoming
resources
Resources
expended
Movement
In lunds
Unrestrltted funds
General fund
Deslgnated fund
Ml551ons
Capltal reserve
188,309
32,529
45,945
-194,664
-35,019
-45,945
-30,913
-6,355
-2,490
-30,913
266,783
-306,541
-39,758
Restrlcted funds
F&llowship Fund
Mission fund
Building fund
Food Bank Grants fund
Food Bank fund
Other funds
725
28,345
113,365
23,020
5,188
35,220
-1,013
-28,286
.288
59
113,365
-23,020
.8,915
-29,778
-3,727
5,442
TOTAL FUNDS
472,646
.397,553
75,093
The MIs51on fund Income represents support from members for mi551on actlvltv.
The Bulldihg fund represents pledged Income from members to support the buildlng work undertaken In 2010, 2017,
2018, 2019, 2020, 2021, 2022 and 2024,
The Capltal Reserve relates to the ¢harlty's flxed a55etS,
17. TRANSFERS BETWEEN FUNDS
There was a transfer of £225,264 between the General Fund and the BulldSng Fund durSn8 the year In respect of
costs incurred in improvements to the property.
18. STAFF REMUNERATION AND EXPENSES
Included In staff remuneratlon Is a salary of £11,906 plus pension and 59cial security Costs totalllng £1,194 In respecl
of Mr5. Karen Nelson, the wlfe of Rev. Alan Nelson. In addition, the church paid expenses of £451 to Mrs. Karen
Nelson.
Also In staff remuneratlon Is a salary of £936 plus penslon costs of £42 in respect of Mrs. Kari Ne150n, the dau8hter-
In-law of Rev. Alan Nelson.
19. DESIGNATED FUND
Included In the Llnrestricted General Fund is a De518nated Fund whlch the Trustees have set up to account for the
income received and expenditure incurreLI in respect of Rev. Vincent sacco who was appolnled Assoclate Pastor of
the church in May 2023. The surplu5 of this fund will be transferred to the Unrestricted General Fund on I" Aprll
2024.
New ￿fe Chureh,wok1ngC￿.ATrnual Report'.Aprll 2023- March 2024V@rslM5

26
D￿AlLED STATEMENT OF FINANCIAL ACTIVITIES for the
ear ended 31" March 2024
01104123
31103124
01104122
31103123
INCOMING RESOURCES
Voluntary Income
Glfts
Donation5
229,077
157,842
202,916
143,650
386,919
346,566
Investment Income
Dep051t account Inte￿$t
8,292
3,087
8,292
3,087
Incomlng re50urce5 from charitable actlvltles
Other Income
22,730
20,669
22,730
20,669
Grants Recelved
54,705
30,360
54,705
30,360
Total 5ncomlng resources
472,646
400,682
RESOURCES EXPENDED
Charitable expenses
Tru5tees' salarles
Trustees, penslon contrlbutlons
Trustees, social security
Trustees, expenses
Staff remuneratlon
Staff expense5
Hire ¢f premlses
Premises and insurance
Light and heat
Sundrles
Depre￿atIon of freéhold property
Depreciation of fixtures and fittlngs
Depreciation of improvements to property
Gifts to institutlons
Glfts io individuals
54,894
8,278
1,731
768
42,194
794
37,410
19,077
11,185
72,648
19,000
3,499
10,033
71,621
3,615
34,736
5,905
605
547
39,210
1,018
25,958
21,615
5,098
45,411
19,000
11,098
73,845
4,953
356,747
288,999
New Llfe Church,W&kingtlO. R¢port'.Aprll 2023- March 2014Ver$iorn5

27
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the
CONTINUED
earended 31" March 2024
01104123
31103124
01104122
31103123
Go¥emanee costs
Salaries
Pensions
Soeial Securlty
Legal fees
Bank Charges
Independent examlnation fee5
10,950
985
81
10,330
930
29
li
3,370
75
3,150
15,403
14,514
Support cost5
Wages
Pen51on5
Social securlty
Expenses
OffSce and telephone
Sundrles
Volunteers, expenses
15,208
1,256
339
31
5,832
2,737
18,159
1,358
152
6,466
2,901
25,403
29,041
Total resources expended
397,553
332,554
Net lexpendlturel/lncome
75,093
68,128
New ￿l•ChUrCh, Wo￿￿¢1￿.AnthU￿I Report.. Aprll 2023-March 2024Version5