Charlty reglstfdtlon number 1178511
NEW LIFE CHURCH (REDCAR)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

NEW LIFE CHURCH {REDCAR)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustoes
P Mileham
J Murphy
A Ibhadon
R Mileham
W Mileham
S Meadows
Charlty number
1178511
Principal address
Gr08mont Close
sl Dyke Road
Redcar
TS10 4PJ
Reglstsred offic•
2 Ely Crescent
Redcar
TS10 3PT
Independent examinor
Azets Audit Servlcgs
nyard Park House
Wnyard Avenue
TS22 5TB
Unf(ed Kingdom
Bankers
TSB Bank PLC
Redcar
TS10 1RP

NEW LIFE CHURCH (REDCAR)
CONTENTS
Page
Trustees, report
Independent examlnels rep)rt
St8temenl of finan¢K81 activities
Balance sheet
Notes to th8 financial statements
7-12

NEW LIFE CHURCH {REDCAR>
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report arKI finanryal statements for the year endgd 31 Marth 2024.
The financial statemen18 have been prepared in accordants wth the accounting policies set out in note 1 to the
financial statements and com ￿Y wrh the charlty's Igoveming d¢xumentl, the Charities Act 2011 and 'Accounling
and Reporting by Charities.. Stalemanl of Recommended Pr8¢tice applicat￿8 to charitie5 preparing Ih&'r accounts in
accordance wth the Financial Reporting Standard applicabk in the UK and Republic of lieland {FRS
1021" leffective 1 January 20191.
Oblectlves and actlvltles
The Church is surrounded by 8 community of residential houses, shops and a local School and a$ such, 15 ideally
plaGed 10 Serve.
The objèctive of the Church is 88 follows..
To provide a place of y￿rshIp and fellowship for both the congregation ond I￿al communlty-
To make available the facilities ot the church lo the local community, and to 8dvan¢? the Chrfstlan faith through the
actiwties of the church in accordance with NLCR Mission Statement
To help Ihgse in neety and lo reliev& sickness 8nd financial hardship wherever posslble, and lo promote and
preseNe g¢)od heatth by provision of funds, g¢)ods and services induding counselling and support in such p8rts of
the cLJmmunity, United lQngdom, or the world as the Church Council from time to time think fit.
To promots and advance Christian education within the UK and wder world as seen appropriats and ffitllng.
The Trustees have paid due regard to guidance issued by the Charity Commlssion in dadding what activf(ies the
charty should undertake.
Achlevements and perfomiance
As trustee5 of New Lits Church Redcar, we are plgased to report once again, that the church continues to expand
and increase, ￿th new people coming in and enjoying a wami welcome and s* environment.
We 8re particularty oncouraged by children from thg local communlty who are coming in and taking part in Sunday
School actlvilles. The children are thriving, growng in confidence arKI learning new skills. They're tsking on new
role8 8nd responsbilities and are a valued part of the church family.
The heart of our ministy continues to be th8 de￿re lo serve God and our ¢ommunty and th1$ is demonstrated in
number ol ways.
Due lo our location, wrthin a disadvantaged communrty, opportunities arise to come along￿de those wlh
ijependencies on drugs and alcohol, as well 8S Other soual issues. Thankfully, we have seen succes$ with
ndividuals Ghanging habitual Ilfestyès and becoming rehabilrtated to the point that they are able lo fU￿tIOn once
again in s¢xiety and offer support to others dealing wth 8tmllar prob￿M&
We also work wth a chri8kn.an rehabilitation centre who provide residential QPFQrtunilies for those who need to movo
OLrt of the area for a lime, in order lo be free from peer pre8suie and delrimentsl relalic¥)ships.
NLCR has a heart for the peopb and community it serves and wo are pleased lo wtness lives being changed for
the better.
We ¢C￿tinUe to provide sound biblical teaching. whith is delivergd both in churth and a180 broadcast over the
Internet.
The weekly coffee mornings provide another opportunity fgr Feopk lo come into d)urch anrj enjoy a time of
friendship and fellowship.

NEW LIFE CHURCH (REDCAR)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
For many, just comlng through the doors is a real breakthrough and can often be a great help to thos8 suffering
from an￿ety, mentsl heaNh i55ue5 and loneliness.
Pastoral cara Is extendod to all who are In need. and the sick are visited al home-and in hospital. Thi$ can make
huge drflerence to those that are isolated or feeling alienaled for one rea80n or another
We continue lo see a healthy mlx of nationalities and 80cial backgrounds vAthin Ihe church and vakne the cultural
dwersty that this brings lo the fellowship.
We've once again been able lo Come alongside our emergency Servi￿$, catE homes, and hospitals as well as local
rewdents and those in need, with gifts and support throughoui thè year. Church members contribute t¢)wards these
gifts and th8 appreciation expressed by the reciF4ents Is extremely louGhiw.
Of course, with the evor-growing concems ovor world issues, environmental problems and natural disaste￿ *,
on& Df the most important rdes of the church is to pray. We fimily believe that prayer makes a difference and
blessed lo see the evidence of this on 8n ongoing basis.
The church eonlinues lo be open daily and we welcome people to take the opportunity to come in and pray while we
still have the freedorn lo do 80.
Financlal revlow
On completion of our annual r8vlew of flnances. we ale ple88ed to be 8ble to report a healthy and stable position.
This fln8naal year has seen additional investrn&nt in the infrastructure and $om9 significant costs made in s)rder to
maintain a very good standard of upkeep.
th ts grolth of the ehurch has corne the necessity to expand the parking facilities which, with carefijl
man￿ement of costs flnalised atjust under £15,000.
The limber perimeter barrier had lasted well due to ongoing maintenance, but was finally replaced with a ga1van￿ed
and powder coated steel barrier al a cost ofiust over £12.000.
th work en the main hall windows and internal lighling, the capital expendilure was taken to almst £30.L)00 bLrt
ha8 greatly improved both inside the bulldlrYJ. and the church grounds.
W)Ile we envi$age further improvement works in the near future due to the age of the building, we have been
careful to make provision for arising costs through the building up of the rè5eNe funds.
The church Iruslees made the decision to transfer £35,000 of frJnds from the TSB general account, Into a higher
interest account al Kingdom Bank where finances are used to )lJrther church developments and offer ex¥llerst
otwrbJnits'es for both indivlduals 8nd organisab'ons
A review of the churches gilb'ng wa$ also made by thè trustees, and increase5 made where p95s1￿e lo
organisation$ under growlng financial pressure. such as an orphanage In Romania. and the work lo assist the
petseculed church.
Due to our growing 8UPPOrt of those ￿ught up Sn drug and alcohcl abuse, we have increased our gi￿ng lo
Christian rehabilitation lacility.
We have been able to support vrtims of tragic ffash fiooding In Africa and those affected by the eorfflict in Gaza, as
well as charitable needs WTihin our ovm communlty
In the year ahead, w8 plan lo continue lo use the charity's resources to further the objectiv8s of the organisaliL
and support wherever possiblè, as rt gr¢)ws and develops by God's gra￿.
We a￿ truly grateful for the many gffts offered in faith by members of the fellowshlp and for continued giving in line
with biblical teaching.

NEW LIFE CHURCH (REDCARI
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
It is the policy of the chanty that unrestricted funds vthleh have not been designated for a specific use Should be
maintained al a level equwalenl to be￿een th￿ and six month's expenditure. The Trustees consider that reserves
at this level wll ensur8 that, in the event of a significant drop in funding, they wll be able lo cnntinue the charity's
current activ￿85 while ¢on$ideralion is given lo ways in whi¢h additional fvnds may be raised. This level of reserves
has been maintained throughout the year.
StruGture• govomance and management
The eharfty Is governed by its CIO Deed, dated 24 May 2018, and under this deed is ¢onslituied as a Charitsble
Ineorporaled Oryanisation ICIO}.
The Truslaes who seNed during the year and up to the dale of signature of the finanryal statements were..
P Mileham
J Murphy
A Ibh8don
R Mileham
Wmileham
S Meadow8
The trustees, report
s approved by the Board of Trustees.
P Mileham
Tru8tee
8 Novembei 2024

NEW LIFE CHURCH (REDCAR)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NEW LIFE CHURCH {REDCAR)
I report lo the Trustee5 on my examination of the financial sL*ements of N8w Llfe Church IRedcar} Ilhe charty) for
the year ended 31 March 2024.
Responslbllltles and ba818 of report
AS the Trustees of the tharty you are respc)nsible for the preparathJn of the financial slalements In accordance with
th& requirements of the Charrtie$Acl 2011 Ilhe 2011 Act).
I report in respect of my examinatlon of the charity's financkgl statements carrled out under section 145 01 the 2011
Act. In earrying out my &xamin8tion I have followed all the applicable Dlrectlons glven by the Charty Commissi
under Section 14515llbl of th& 2011 Act.
Indgpondont oxamIn8￿8 8tstement
Your attention Is drawn to the fact that the eharty has pr8pared ffinancial statements in accorda￿ V￿th Accounting
and Reportlng by Charities preparing their accounts in accordan￿ ¥wth the Financial Reporh'ng Standard applicable
In the UK and Republic of Ireland IFRS 102) In prefererte lo the Accounting and Reporting by Charities.. Statement
of Recommended Practice issued on 1 April 2005 whith is referred to in the extant regulations but has now been
withdrawn.
l understand that this has been done in order for financial statements to provide a true arKJ fair wew in 8ecordance
wlth Gener81ty Acceplod Accounting Pracbce effectivg for rgporting periods beginning on or after 1 January 2015.
I have completed my examlnallon. l eonfim that no matters have come to my attentton in connection with the
examination giving m8 cause to believe that in any malerial respect..
accounting records were not kept in respect of the eharty as required by section 130 of the 2011 A¢t'. Cf
the financial stslement5 do not a¢cord wth those records., or
the financial slaloments do not comply with the 8pplicable requlrements concernirKJ the fom ind content of
accounts sèt out in the Charities (Ac¢gunts and Reports) Ragulations 2008 other than any ￿quirement that the
aceounts give a true an(i fair view which is not a matter considered as part of an independent examination.
I have no concerns and hav& come acros5 no other matters in connection vith examinat￿n to which attention
should be drawn in Lhis report in order lo enable a proper understanding of thè finanual stslements to be reached.
Graham Fitzgerald BA FCA DChA
A2els Audit Servicas
nyard Park House
Wyny8rd Avenue
TS22 5TB
Unlt&Y lQngdom
Dated: 8 November 2024

NEW LIFE CHURCH (REDCAR)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrl¢tod Unr08tricted
nd$
funds
2024
2023
Notss
Donations and legacies
Charitable activilk9S
Investments
62,657
4,673
386
49.631
4,057
384
rotsl Income
67,716
54,072
Charitsble ￿tIvitIeS
48,192
48.078
Net income for the yearl
Ngt movement In lund8
19,524
5,994
Fund balanees at l April 2023
894,440
888.446
Fund balance5 at 31 March 2024
913,984
894,440
The statement of financial activth'es includes all gains and losses recognised in the year.
All income and expendllure derive from continuing activities.

NEW LIFE CHURCH (REDCAR)
BALANCE SHEEr
ASAT31 MARCH 2024
2024
2023
Notss
Flxed assets
Tangible assgts
772,772
744,336
Current a$sots
Debtors
Cash at bank and in hand
10
363
151,076
145,347
145.347
151,439
Credltors: amounts fallSng due wlthln
one year
11
14.1551
{1,3351
Net current assets
141,192
150,104
Totsl assets less ¢urr•nt Ilabllliles
913,964
894,440
Income lundg
Unrestricted fijnds
913,964
894,440
913,964
894,440
The frnanaal slalements were approved by the Trustees on 8 November 2024
P Mlleham
Trustse

NEW LIFE CHURCH (REDCAR)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcS08
Charlty Infomiation
New Lrfe Churth (Redcarl is a charlt?ble Incorporated organi$8tion registered in England and wa￿8. T
registered office 15 2 Ely CieKent, Redcar, TS10 3PT. New Lrfe Church {Redc8rl is situated at Grosmnl
Close, Wesl ttyke R¢￿d, Redear, TS10 4PJ.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance with th8 charity's goveming document, the
Chariti8s Act 2011, FRS 102 The Finan￿al Reporting Standard applicable in the UK and Republio of
Irdand" I'FRS 102.1 and the Charitie8 SORP "Accounting and ReFrt)rting by Charities.. Statement ol
Recommended Practice applicable to Charilles preparing their accounts in 8ccord8nts with the Financl81
Reporting Sland8rd applicable in th8 UK and Republic of Ireland IFRS 102}" (effectlve 1 January 20191. The
¢harity is a Public Benefit Enlty as deffinèd by FRS 102.
The Gharity has taken advantage ol the provisions in the SORP for charities not to prepare a Stalanent of
Cash Flows.
The financi81 st8lemenls have departed from the Charities {A¢counls and Roports} Regulations 2008 only to
the extent required to provide a true and faif view. This departure h8$ Involved following the Statement of
Rocommended Practice for ch8rilies applying FRS 102 rather than the version of the Slalement of
Recomm&nded Practi￿ which is Teferred lo In the Regulations but which has since been withdrawn.
The financial statemen15 ère prepare(l in sterling, which is the functional currency of the charfty, Monetary
amounts in these financval st8tements are rounded to the nearest £.
The finanual statements have been prepared under the hi$toriGal cost convention. The principal accounting
poliaes adopted ara sat out below.
1.2 Golng coneern
Al the balance sheet dale, the charity had unrestricted fvnds of £913,964 12023 £894.440). We draw your
attention to the financlal rewew on p8ge three of the trustees report. At the time of approvlng the ffnancial
stslements. the Trustees have a reasonable expectation that the charity has adequate resources to continue
in operational existence for the frjrseeable future. Thus the Trustees continue to adopt the going concem basis
of accounting in preparing the financial statements.
1.3 Charltable funds
Unreslricled funds are available for use al the discretion of the Trustees in furtherance of their charilable
objectives.
Restricted funds are subject to speclfic conditions by donors as to how they may be used. The purposes and
u$&s of the ￿$tricted funds are $el Olrt in the notes to the financial stalemenls.
Endowment funds are subject lo specific conditi'ons by donors that the cawtsl musl be mairrtained by the
charity.
1A Incom$
Income is recognlsecl when the charity is legally entilled to it after any performance condthons have been me(
the amounts can be meaSU￿d reliably, gnd il is probable that income wll be re￿ived.
Cash donations aro recognised on receipt. Other dorTrations are recognised once the charity Thes been notified
of the donation. unless perfoimance condition5 require deterral of the amount. Income tsx recoverable in
rdation lo donatsons received under GIft￿d or deeds of covenant is recognised at the time of the donatDn.

NEW LIFE CHURCH (REDCAR)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles
{Conllnued}
Legacies are recognised on receipt or othewse rf the charity ho$ been notified of an impending d￿tributIon,
the amount is known. and receipt is expected. 11 the amount is not known, thè legacy Is treated as a
CC￿lIngent a8sel.
1.5 Expgndlture
Expenditure 15 recognised once there Is a legal or conslruclive obligation to transfer economic benefit to a
third paty, it is probable that a transfer of econ¢Jmic beneffts will be requlred In settlement, and the amount of
the obligation can be measured reliably.
ExpÈndftU￿ Is classffied by actNity. The Costs of each adivity are made up of the lolal of dir&t cost8 and
8h8red eosts, including support costs involved in undertaking each 8fAivity. Direct costs attribulaÈ4e lo a single
activity are allocated directly lo that actiwty. Shared ￿￿ts which contribute to more than ene activity and
support Costs whith are not attributable lo a single activity are apportioned betsveen those activilEs on a basis
consislenl wth the use of resources. Central staff wst$ are allocated on the basis of Ilm8 spent, and
depreciation charges are allocated on the portion of the asset's usa.
1.6 Tanglble fixod assets
Tanglble fixed assets are Inilialty measured at cost and subsequenty measured at cost or valuatlon, net of
depreciation and any imp8imenl10sses.
Depreciation 15 recognised so as lo ￿lte off Iha ¢ost or valuation of assets le88 Ihelr residual values over their
useftjl lives on tho followng bases..
Freehold18nd and building8
Plant and equipment
Not Depreciated
10% Reducing Balan
The gain or loss arislng on the dlsposal of an asset is detenTrined as the difference between the sale prLKeed$
and the carying value of the asset, and is recognised in the statement of finanual actr.v￿es.
The building is used for the organisation'$ ¢harrtable actlvrties, the organisation beli6ves the value will not
dlmlnlsh significantly over time.
1.7 Impalm)6nt of fixed assets
At each reporting end date, the charity rewews the carying amounts of 115 langlble assets to detemiine
whether there is any indicallon Ihat those a$sel$ have suffered an impaimenl less. If any such Ind￿￿tIOn
exists, the recoverable amount ol the a$$el is estimated in order lo determine the extent of the impairment
l¢)ss Irf any).
1.8 Cash and cash •qulvalgnts
Cash and cash equlvalents include cB5h in hand, deposrts held al call wrth banks, other short-tem liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts afe shown
within bc*rrowings in current liabilrties.
1.9 Flnanclal Instruments
The charlty has elected lo apply the provisions of Saction 11 'Basic Financial Instruments, and Se￿10n 12
'Other FinancBI Instruments18sues' of FRS 102 to all of ils financial instruments.
Financial instruments are recognised In the charity'$ balance sheet vthen the charity becomes paty lo the
conlradual provisions of the instrument.
Financial assets and liabilrtiès are offset. wlh the nel amounts presented in the financial slatsments, when
there is a legally enforceable right to sel off the recognised amounts and there is an intention lo settle on a net
basis or lo rgalise the asset and settle the liabilty simultsneously.

NEW LIFE CHURCH (REDCAR)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles
Icontlnued)
B8s1¢ Ilnanclal assets
Basic financial assets, which include debtors and cash and bank balances. are In￿allY measured
transaction price including transaction costs and are subsequently carried at amorti8ed Cost the effectivè
interest method unless the arrangemenl ¢onstrtules a finanang transaction. where the transaction is
measured at the present V81ue of the future receipts discounted at a market Tate of inter8st. Finarri81 assets
classified as receivable ￿thift one year are not amortised.
Bas1¢ fin*ncièl liebilities
Basic financlal liabilllies, including creditors and bank loans are initially recognised at transaction price unl8SS
th8 a￿angement constilLrtes a financing transactlon, where the debt instrument is measured at the present
value of the futu￿ payments discounted al a market r8te of interest. Financial Ilabililies classified 88 payable
wthin one year are not amorttsed.
Debt instruments are subsequently ￿rried al amortised cost, uslng thè effective interest rate method.
Trade credllors are obligations lo pay for goods or $gNices that have been acquired In the ordinwy cour86 of
operations from suppli&rs. Amounts payable are dassified as current liabilrties if payment is due wilhln one
year er less. If rnl, they are presented as non-current liabilities. Trade creditors are recogni58d initially at
transaction price and subsequendy measured at amorbsed cost Using tha effective interest method.
Derecognition of flnanclal Ilabilitigs
Flnancial ILabililies are derecoJnised when the charity's contraclual obligations expire or are dlsch8rged or
C8ncelled.
1.10 Employge beneflts
The cost ol any unused holiday entlllemenl Is reeegnised in the period in %thleh the employ88 s sorvices are
received.
TemlnaOon benerrts are recognised immediately as an oxp8nse %then the charity is demonstrally committed
to lermlnate the employment of an employee or lo provide lemiination benefrts.
1.11 Rotlremont boneflts
Payments to tsfined contribution retirement benefit sehemes are charged as an expanse as they fall due.
Donation$ and legacles
Unrestrlded Unrestrictod
funds
funds
2024
2023
Offerings
HMRC.. Gift Aid rebate
56,6CNS
7,051
42.125
7.506
62,657
49,631

NEW LIFE CHURCH {REDCAR>
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charltable o¢livities
Unr•strlcted unr￿trIctod
funds
funds
2024
2023
Coffee bar
R￿M hire
3,653
1.020
3,537
520
4,673
4.057
Investments
Unrostrlctsd Unrestrlct8d
funds
lund$
2024
2023
Interest reeeivable
Charllable activitlos
Unr8$trlctsd Unrestrlcted
funds
funds
2024
2023
Staff costs
Repairs and renewals
Rates
31,765
1,407
677
5,352
413
427
191
30,029
4.303
516
6.214
402
308
148
720
176
1.423
104
1,3
560
1,350
525
Telephone
Advertising
Sundrie8
Chuieh Supplies
Licenses
Insurance
Legal & Prolessional
Donations
Deprea81iDn
Independent examiners fees
Evangelism
188
1,593
2,805
650
1.296
787
48,192
48,078
48,192
48,078
10-

NEW LIFE CHURCH (REDCAR)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Trusteas
None of the Trustees lor aw person$ Gonngcted w￿h th8ml received any remunèration or benefits kn the
charity during thè year.
Employees
The average monthly number of employ8es during th8 year was..
2024
Number
2023
Number
Employment costs
2024
2023
ges and salaries
Other pension costs
31,500
265
30.029
31.765
30,029
Thgre were no 6mplDyees whose annual remunerati)n was rnore than £60,000.
Taxatlon
The chartty 18 èxempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or sectlon
252 of the Taxab'onol Chargea￿e G8insAct 1992 to the exienl that these are applied to ils charitsble objects.
Tangible fixed a$$ets
Frn•hoW land
and bulldlng$
Plant and
ooulpmgnt
Total
Cost
At 1 April 2023
Additions
737,890
28.898
8,910
188
746,800
29.086
At 31 March 2024
766,788
9,098
775,886
Dopr8clallon and impairm•nt
At 1 Apiil 2023
Depr8dalion charged in the year
2,464
650
650
At 31 March 2024
3,114
3.114
Carylng amount
At 31 March 2024
786,788
5,984
772,772
Al 31 March 2023
737,890
6,446
744.33e
11

NEW LIFE CHURCH (REDCAR)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Debtors
2024
2023
Amounts falllng du• wlthln one yoar..
Other debtors
363
11 Credltors: amounts falllng due wlthln one year
2024
2023
Olhor taxation and social security
Other creditors
Accruals and deferred ineom&
303
2,511
1,080
1.032
4,155
1,335
12 Rèlatod party transactions
There wgre no disclosable reLated party transactions during the year12023 - none).
12-