Ch•rlty rnglstrntion nUM￿r 1178511
NEW LIFE CHURCH (REDCAR)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

NEW LIFE CHURCH (REDCAR)
LEGAL AND ADMINISTRATIVE INFORMATION
Trusts09
P Mileham
J Murphy
A Ibhadon
R Mlleham
Wmileham
S Meadows
ChJrlty number
1178511
Prlnclpal addr￿8
Grosrnont Close
Wesl Dyke Road
Redcar
TS10 4PJ
RogiBt•r•d offlce
2 Ety Crescent
Redcar
TS10 3PT
Indepènd•nt •xamln•r
AzetsAudlt SeNce8
ny8rd Park House
nyardAv8nue
TS22 5TB
United Kingdom
Bankers
TSB Ba￿ PLC
Redcar
TS10 1RP

NEW LIFE CHURCH (REDCAR)
CONTENTS
Pag•
Trustses. rewt
Independent gxaminerb report
Statement of fina￿al actlvlues
Balance sheet
Noteg to fv financial statements
9-14

NEW LIFE CHURCH (REDCAR)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Thg Truste83 present their annual report and finandal statements for the y8aT ended 31 March 2025.
The financ181 slalemonls have been popored in accordance with the acwjnting poliaes set <xrt in note 1 to the
financial ststemenls and compty wlth the chanty's [governlNd documentl. the Charities Ad 2011 and 'A￿Unting
Reporting by c￿￿tIes.. Statement of Recommended PracticR applicab￿ to eh•rities preparing their accounts In
accordance the Fina￿￿91 Rep¢rting Standard appliGabie in the UK and Republlc of Ireland {FRS
1021" {effecllve 1 January 20191.
Objectlves and actlvllle8
The Church Is SUI￿nded by a communrty of residential houses, shops and a local 3ch(M)l and as Such, is Idealty
placed to 8erYe.
The Trustees hav8 pad due regard lo guidafKe 18sued by the Charity Commlssion in decrdiThJ what advilie5 thè
charity Should undgrtake.
The objective of the Chur¢h is as foll(Ms'.
To provide a place of worship and fellowship for both the ccryregation and local eomrnunty.
To make available the fadlltles of the church to the Ioc81 community, and to advance the ChriBfian faSth through the
activities of the thrch in accordance with NLCR Misslon Slatemenl.
To help those in need and to r81ievg sickness and financial hardshlp wherever possible. and to promote and
preserve good health by provlsion of funds, goods and Se￿1¢88 induding wunselling and support in suth parts of
the community, United Kingdom. or the workl 88 the Church Councgl from lime to time think fft.
To promot8 and advance Christian oducatlon vAthin the UK and ￿der wcrty as seen appropriate and fftts'ng.
Achlevements and perfornianc•
As we look back over another year's mlnlsty, we the IrLBte88 of New L We Church Redear can See an encouraging
prcgresslon and grovAh in a number of way&
We have seen another incTeasg in congregatlon. and regular 8ttendarrR from a range of groups, nafionalf(ies
and backgrounds.
The continued theme and feedbad( from new pe¢)ple con7tng Into the church is th8( this is a ￿ace where thgy
Immediately feel at home and comfortable, which is key to the advancement of any ¢huTch. We also telieve that
there is 8omethlng posttlvety drfferent in the atmospherg of the church whith people are looking for today.
As we receive people into the church for whom Engllsh is rKJt th￿r first laThJuage. the challenge is to provid8
suitable level of translation in order for the church services to be of real value, and for individuals and families lo feel
part of the church communty. As well as genulne frlendship and giwng of time, we have been tri811ing a number of
audible and wrftten
real time tran81atlon 8ppliGations which we are finding helpful aThJ will contriue to Improve
upon.

NEW LIFE CHURCH {REDCAR)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The evidence of rising mental hearth Issues in the communty 18 of G¢JrKem, but as we spend time VXsrkirvJ vAth, and
caring for people with Ihesfr needs, we see a rewarding developmant of confider￿e and stabillty In their lives both in
church and outside, in day-to4ay life.
Our aim Is. not only to provide education within the Christian falth, but also lo encourage a slrcnger ouuook for
Indlvlduals with mentsl health issues. and to be able to deal with the pressures of lif9 In 8 different and more
sustalnable way due to their fath.
The Sunday school contlnuès lo see chilijren from the lo￿1 community attend, ￿on9 with the children of churth
members, and together we $ee them develop and grow os they're inv¢Jlv8d in a range of activllles, and feel an
inryeased level of confidenc6.
Imth the pre88ures of growing up in an ever changing W￿d, beliove the Sunday school chlldfftn have the
opportunity to spend time in an environment where they relax, have fun and be safe, while leaming blbllcal
principl95 which help equip them for lrfe's challenges.
The young beli8vers 1th088 young In the faithl meet monthty and are taught the foundational truths of the bible,
along￿de the awargness of what the bi￿9 says about the world today, and 8lsD tomorrow.
We are greauy er¢cyJuraged to see a dèsire from the young bellevers lo know more of God's wttd, and to apply rt to
their lives.
The heort of our ministry ￿ntInUeS to be the desire to serve Gtyj and our community, and this 1$ demonstr81gd in
number of ways.
Wg feel that the church needs lo touch the communoty. and remind the people wlhin the hous8s and the est8le8
that surround the church- that we ar& here for them.
Th& church eongreg81ion, and leadei¥hip, are very much awar8 of the challenges that are evldent In Ihe
dlsadvantsged community that we 8ra in the centre of, and we often have the opportunity lo come alongslde those
with dependenues on drugs and alcohol, a$ well as othei 80cial issues.
Thankfully, we continue to sea success with individuals changing habitual lifestyles 8nd técoming rehabilitsted to
the point that they are able to fvnction once again in society and offer support lo others dealing wlh similar
problems, through the positsve changes to their own Ilfestyles.
NLCR continues lo support 8 numbgr of other charitie$ and support groups, Induding a Christl8n rehabilitation
cenlre,
Thi¥ ￿habilItatIon centre Is srtuated outside of the lo￿1 area, and provides long temi re¥tdentHI opportunities for
those who ne8d to move out of the area, in order to be free from peer pressurg and detrlmèntal relationships.
The ladles of the ChU￿h meet regularty lo discuss opportunities, %thlch include reaching out into the local
neighbourhood. often with simple bLrt effeCt￿e tssks suth as litter pithng arKI scoal ¢are for the elderiy.
NLCR has a heart for the people and comML￿ttY it serves and are pleased to witne88 Ilves teing changed for
th8 better.

NEW LIFE CHURCH (REDCAR)
TRUSTEES. REPORT (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
We continue lo providg sound bSblieal tsathing, whlch 18 dallvered both in thurch and al#0 broa(kayt over the
inlemet.
The weekty coffee momlngs providg an¢)ther opportunlty for people to come into thurch and enjoy 8 time of
friend￿Mp and fellowship.
For many, just e￿Ing through the doors is a r8al breakthrough and ran often te a great help to those mentioned
e￿ier- suffering from anxiety, mental health Issue$ and lonelines8.
Pastoral care Is extendgd lo all wl)o ar8 in nggd, and the Sick are visited al home-and in ho8pitsI. Thls can make
huge dlfference to tho$e that are isolated or feeling alienated for orn rea¥on or another.
We mantsin a great relationship vJith other k)cal seNi¢es, indudlng our emergency 8eThlce8, care homes, arhj
hospltajs.
Every year we endeavour to reath out to th088 88NIce8, lo¢al ftsidents and th¢)se in need, gifts and supp¢)rt.
Church member8 ¢ontribule trAvard8 these glfts, and the appreuaticn expressed by ts reoplents 1$ extremely
touchlng.
One of tha comer stones of the churth Is the abilty lo come and pray.
As we Y￿tneSS the ever¥rowng concerns over ￿tIr1d issues, environmental problems 8nd natural disaBter8 etc, the
rthd lo pray is all Ihe more obvlou$.
We fi￿lY believe that prtyer makes a difference and are blessed to see the evidence of th18 on an ongoing basls.
The church conkn.nues lo be open dally and we wokome people to tske the opportunity to come In and pr8y whilg we
still have the freedom to ￿ 80.

NEW LIFE CHURCH {REDCAR)
TRUSTEES, REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Flnanclftl revlew
Wlh a steadily growing Congrega￿On, wa are bkssed wlh continued corrtribu￿on8 and do not have to tely on
extem81 finance$ or grant applications.
Due to this finanaal stability. we are pleasgd to be abl& to further 8UPFQrt 8d81ng extemal needs. induding disaster
appeals and calls for help from other charities and agenGie$.
We continue our ffi￿an￿al support for Betel Christk4n rehabilitation. Open Doors, Camlnul Fellx, &ble Network, CFI
and others.
Malntenancg Expgndlturg
On going wJrks lo the labrlc of the building and the grounds Includo the replacement of the final $gction of orfginal
timber perimeter baffler wrth new. galvanized sleel sedon6 to the Grosmonl Close slde of the premiseB.
The over head prolactor, main PA 8pe8ker3. 8nd platfom monitors have needed rgplacemenl after 13 years of
service.
Due to incieased prices. and reduced availabilty of Iluorescent fittings. the lighting in the foyer and coffee bar has
changed lo LED whith wll see a long81 t8rm reduction in energy costs.
The foyer flooring had delaminated and has bgen replaced with new non slip floorfng.
The above costs came in al just over eighteen thousand pounds.
The trustees are mind￿1 of additional refurblshment and replackment costs, and also ari$ing projects. As suth
provision has been made through the bullding up of the reserve funds.
In the ye8r ahead, we plan lo contlnue to use the charity's resources lo fvrther the ¢>bl￿tiVeS of the organisalion
and sUp￿rt wherever possible. as11 grows and develops by Gc<l's graee.
We are trLty gTatefvl for the many gffts offered in faith by memb8rs of the fellowship and ft>T conllnued giving in line
wbth blblical teachirvj.
Re￿r¥05 policy
It 18 the pollcy of the charity that unrestricted furKls which have not been deslgnated for a spgdfic us6 Should be
malntained at a level equNalent to between three and six month's expanditurg. The Tru$lee5 conslder that reserves
al thls level wll ensure that, in the event of 8 signfficant drop in fundlng, they wll be able to continue the tharily's
current actNitie$ while consideratlon Is gwen to ways in whlch ￿lditIonS1 funds may be raised. This level of reserves
has been maintained through)Lrt the year.
Structure. govemance and managernent
The charity is governed by 118 CIO Deed. dated 24 May 2018. and under this deed is con8titut¢d a8 a Charitable
Incorporated Organisalion {ClO).
The Tru8tee& who served during the year and up to the dale of signatur8 of the finan￿al statements were..
P Mileham
J Murphy
A Ibhadon
R Mileham
WMil¢ham
S Meadows

NEW LIFE CHURCH (REDCAR)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Stat•m•nt of trustses, responslbllltles
The Trustees are resFK)nsible for preparing the Tru8tee8' Report ond the finaneial statements in accoidan¢o wlth
applicablo law and United KFngdom AcwJnlh)g Stsndard8 (United Klngdom Generally Accepted AeLounling
PracticÈl.
The18w applt¢able to ch8rftle8 In England and W8les requlres the Tnjslees to prepare finanoal Statements lor each
financial year which give a tnje and fair view of the st81e of aff8irs of the charlty and of th& incoming resour¢es and
applic8tron of resourcos of the tharity for that year.
In preparfrKJ th68e financid statements, the Trustees are required to:
- 8elect suitable 4￿ntIng pollcle8 and Ihen aFply them cons18tenlly',
- obseNe Ihe methods and prfndrAes in tha chgrib.es SORP.,
- make judgements and estimates that are reasonable arKI prud8nt',
state I￿￿ther applicabl8 accountlng standards have been folbwed, subject to any material departures d(8do8ed
and explained In the finandal stalemenls,. ond
- prepare the financlal statements on the wing concern ba81$ unb$s it is Inapproprl8te to presume that the ch8dty
11 continue In operation.
Tho Trustees are responsible for keeplng sufficient accountirrfj records that disdose wllh reason8bla accurxy at
any lime the financial p051tKJn of Ihe charity and enable them to ensure that the finandal statements eomply with the
Charities Act 2011, the Charity {Accounts 8nd Reports) Rggulalions 2008 and the proMS￿n$ of the trust deed. They
are also responsible for safeguarding the arysels of the ch8rity and henc8 for taking reasonable step$ ￿ the
prevgntion and detectlon of fraud and other iNegularilies.
The trustees, rep)rt was approved by the Board ofTrustees.
P Mileham
Trust•e

NEW LIFE CHURCH (REDCAR)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NEW LIFE CHURCH (REDCAR)
I r8PJrt to the Trustees on my examinalion of Ihe financial statements of New Llfe Chur¢h IRedcar} (the t*•rity) for
the year ende(131 March 2025.
Re8ponslb1l￿1a8 and ba818 of report
As the Trustees of the charty YOU s￿ responsibl8 for the prgparalion of the financi81 siatfjments in a¢¢￿dance with
the reqU1￿MentS of the charIt￿A¢1 2011 {the 2011 A¢t}.
I report In resF*Ct of my examination of Ihe tharity's financlal 81alemenls carried out under Section 145 of the 2011
Act. In carrying out my examination I have followed all the appllcable DlrectisJn$ given by the Charity Commission
untsr section 145(5)<b) of the 2011 Act.
Independent examln¢rf8 8tst•mgnt
I have completed my examination. I confimi that no matters have come to my attention in conneGtion wth the
examination giving me cause lo tefieve that in any material respect:
counting records w8re not kept in respect of the tharjty as rgquired by section 130 of the 2011 Act." or
the financial ststements do not acccfd with those records., or
the financkql statements (kj not comply ￿￿th the applicable requirement3 K*ncerning the fomi and content ol
accounts set out in the Charit195 (Accounts and Reports} Regulations 2008 olh8r than any requirement that the
aCc￿nts give a true and fdr 15 not a matter considered a8 part ofan independent examinauon.
I have no concern8 and have come acr088 no other mattern In connectKJn with the examination to vthich attention
should be drawn In this report in or(lfjr to gnatlo a proper understanding of the financial 8tatements to bg reached.
IV
Graham
tzgerald BA FCA tKI
Az8tsAudil Ser¥ices
nyard Park Hou8e
V￿nyard Av8nu8
TS22 STB
United Kingdom
Dated..
zlIT{Zoli

NEW LIFE CHURCH {REDCAR)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOMEAND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unr•strl¢t•d Unrostrlcted
funds
funds
2026
2024
In
Donations and legacies
Charitable advttles
Investments
79,789
5,361
3.179
62,657
4,673
Totsl Income
88.329
67.716
Charitsble advitles
57.637
48,192
Net Income for the yearl
Net movement In fund8
30,692
19,524
Fu￿1 balances al 1 April 2024
913,984
894,440
Fund balanc•$ #t 31 March 2025
944.656
913,964
The statement of financial activibes indud8s 811 gains and losses recognised in the year.
All income and expendi￿re derive from ¢ontinuing activits'es.

NEW LIFE CHURCH (REDCAR)
BALANCE SHEEr
ASAT31 MARCH 2025
2025
2024
Fixed assets
Tanglble assets
789,680
772,772
Current assets
Cash at bank and In hand
157,035
145,347
Crodknrn: arnounts falllng due wlthln
year
10
(2,0591
14,155)
Net ¢urrent a3Fet$
154,976
141,192
Totsl assets le88 ¢urr¢nt liabiliti
944,656
913.964
Income funds
Unreslricled funds
944.656
913.964
944,6
913.964
23111
Thefinan¢ial $t*ments were approved by the TNsie8s on............... .........
P Mileham
Trust••

NEW LIFE CHURCH {REDCAR)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policr•s
Charlty Inforniatlon
New Life Churth IRed¢2r} is a charrtable incorprxaled organisalion registered in England and Thg
registered office is 2 Ely Crèscent, Redcar, TS10 3PT. New Lrfe Church {R8dcar) is situaled at GrO$n￿nt
C108e, INe8t Dyke Road. Red¢or, TS10 4PJ.
1.1 Accountlng conventlon
The financi81 ststements have been prepared in accordance with the charlty'$ goveming drtumenl,
Chadlies Act 2011. FRS 102 Yhe Finaroal Reporting Stsndard applicaLle in th8 UK and Republlc of
Ireland. fFRS 102.} and the Charibes SORP 'Accounling and Reportlng by Charitie8." SL*emenl of
Recommended Practice applicable to charrbes pr8paring their accounts in a¢¢ordance with the Financial
Reporting Stsndard applicable in the UK and Republlc of Ireland {FRS 102)" (effective 1 January 2019). The
charity is a Public Benefft Entity as defined by FRS 102.
The charity ha8 taken advantage ol the provisions in the SORP for charitie8 not to prepare a Statan8nt ol
Cash Flows.
The financial statements have dgparted from the Charities (Accounts and Reports) RegUla￿on6 2008 onty lo
the extent required lo provkle a true and fair view. This departure has involved following the Statement ol
Recommended Pradice for charities opplying FRS 102 r8ther than the version of the Slatsmenl of
Recommended Practice whi¢h is referred to in the RegulaUons but ha8 Since been wthdrawn.
The financial statem8nts arg prepared in sterling, which is the funclional cwrrency of the charity. Monetary
8mounls in these finanu*l statements are rounded lo the nearest £.
The finanaal slalements have been prepared under the hlstorical o)st Convention. The prlnapJ accounting
poli(aes adopted aTe set out below.
1.2 Golng c¢n¢•rn
At the balance sheet date, the charty had unreslitted funds of £944,656 12024 £913.964). Vi* draw y¢)ur
attention to th8 financial rewew on page three of the trustees report. Al the time of approving the financial
statements, the Trustees have a reasonable expectation that the charity has adequate resources lo continue
in operational e￿Stence for the forseeable future. Thus the Trustees continue to adopt the going conc8rn basis
of aeeounting in preparing the ffinanual statements.
1.3 Charltsble funds
UnreslrKted funds are available for UBe al th8 discretion of the Twste86 in furthèrano of their charilab
objeotives.
Restricted fiJnds are Subject to specmc condltlons by donors a8 to how they may be used. The purposes and
u$e5 of the restrided fvnds are sel out In the notes to the fin8ncial ststements.
Endowment funds are 5ubj8Ct to $P8ufic conditions by doncws that the ￿￿tal must be malntalned ty the
charity.
1A Income
Income 1$ re¢ognised when the charity legally entlued to it after any perfomiance conditrons have been met,
the amount& ¢on te measuied reliably. and il is probable that Income ￿11 be received.
Cash donations are wognised on receipL Olher donallon8 are r8cc*3nlsed once th8 charity has been nollfied
of the donation, unle$$ p8rfomiance conditions require deferral of the amount. Income tax recoverable in
relation lo donation$ received under GiftAid or deeds of covenant is recognised al the time of the donation.

NEW LIFE CHURCH (REDCAR)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Aecounting pollcles
(Contlnugdl
Legacies are recognised on receipt or oth8rMse rf the charity has been notifpd of an Impending di8tributicfi,
the amount is known, and r￿elpt 15 expected. If the amount is not kn¢)wn, th9 legacy is treated as a
ntingent asset.
1.5 Exp•ndlturn
x￿ndft￿re is re¢ognised once there is 8 legal or corbStructwe obllgaticft to transfer economic benefit to
Ihlrd party, il Is probable that a transfer of economic ben&tits wll be required in setuement. and the amoLrt of
the obligation be measured reliably.
Expenditure 18 classified by actlvmy. The costs of each activlty are made up of ts total of dir&t costs and
Shared costs, including support costs involved in undertaking each actNty. Dlrect costs atlributa￿e lo a single
activty are alloc8led diredly lo that activity. Shared costs vthich contribute to more than one acfrvity and
support costs which are not attributable lo a single activity are apportioned betsveen those acti￿tE$ on a bas18
consistent wlh the use of resources. Central staff costs are allocated on the basis of time spent, and
depreaation tharges are allocated on th8 Portlon of the asset's Use.
1.6 Tanglbl• flxed assets
Tangible fixed assets are Inltially measured al cost and 5ub¥equenly measured at cost or valuath)n. nel ol
d8preaation and any impairment losse&
Depwats'on Is recognlsed so as lo vfflte off the cost or v81u8tion of ass8ts1gs$ Iheir residual values over thetr
Useful Ilve8 on the followng bases..
Freehokl land and bulldin98
Plant and equipment
Not D8pteclal8d
10% Redu¢ing Bolance
The gain or loss arising on the disposal of an a88et Is detemiined as the difference betsveen the sale proceed5
and the Garrying value of the asset, and Is recognlsed in Ihe statement of financial 8ctivibe$.
The building 1$ used for the organisalion's charitable ￿tiv1b'e$, the organisatic￿ believes the value wll not
dimlnlsh 8lgnlflc£ntty over Yme.
1.7 Impalrnignt of fixed a88ets
Al each reporting end date, the charity reviews the carying amounts of rts tangibl8 assets to determir
whether there 1$ any indication that those assets have suffered an impaimient loss. If any such indralion
exists. the rewverable amount of the asset Is estlmated in order lo detemiine the extent of the impairment
l¢MS lif any}.
1.8 Cash and cash equivalents
Cash and cash equivalents Include Cash tn hand. dop05rts held at call banks, other Short-lerni liquid
inv85tment8 with oiiginal malurth.es of three months Dr less, and bank overdrafts. Bank overdrafts are sh¢)wn
wlthln borrowtrvJs In current liabilities.
1.9 Flnanclal Instrumonts
The charity has e19Cted to apply the provision$ of Section 11 'Basic Financi81 Instruments, and Seebon 12
'Olher Financial Instruments Issues, of FRS 102 to all of its finandol InslNments.
Financial instruments 8re recognised in the chadtls balance $hogt when the charity bg¢omes party lo the
contra¢tual provision8 of the instrument.
Financial aBse15 and liabilitie$ aro offset, with the net amounts wesent8d in the finandal statements. when
there is a legally enfortsable righl to $91 off the r￿OgnIsed amounts and there is an intention to setue on a net
b881s or to reallse the asset and setue ￿ lia￿'11ty Simultaneou￿Y.
10-

NEW LIFE CHURCH (REDCAR)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollclo8
(Contlnuodl
888k Ilnancl818ssèts
Basic fin8nc4al 8sset$, which incfudo debtors and cash and bank balances, are Inltlalty measured 8t
ttans8Ction price including transathon costs and are subsequently carried al amortised cost using the effective
Interest method unless the arrangement constillrtes a financing transaction, where the transaction 1$
measured al the present value of the future receipts discounted at a market rate of interest. Finandal assets
classnSed 88 receivable within ¢Jne year are not amortised.
Bask Ilnanclal Mablllfles
Basic finandal liabllilies, induding creditors and bank loans are inlllally recognised at transaction price unless
the arrangement constitutes a financiry transaction, where the debt tnstrument is measured at Iho present
value of the fuiure payments discounted at a market rate of Interest. Finanoal liabilities classlfi&J as payab
within one year are not amort158d.
Debt instrurnent8 are sub88quenYy ¢arrFed at amorti$ed cost. using the effedve interest rate method.
Trade creditus are obligations lo pay for goods or services Ihal have been acquired in the ordln8ry course of
oper*ions from suppliers. AmoJnts payable are das$ffigd a$ current liabilities if payment Is due within one
yeor 01 less. If not, thty are presented as nonrfurrent liabilities. Trade creditors ar8 racognised inibally al
transaction price 8nd subwu8ntfy mea8Ufed al amortised cost using the effective interest method.
Dere¢ognltlon of financi•l liabilities
Financial liabilities are derecogni8ed when Ihg thartys contractual obligations expire or are distharged OT
car￿$[19￿.
1.10 Employe• b•nèflts
The cost of any unused hollday entrtlement Is reeognised in the Feriod in which tho employee's Se￿1￿ afe
recaved.
Termination beneffts are recognised immgdialely as an expense when Ihe charity 1$ d&mon8trabty committed
to terminate the employment of an employee or lo proNid8 t8rn1inalion benefits.
1.11 Retlrem8nl b•nefft8
Payments lo defined contribution retirement benefit schemes ar8 charged as an expense as they fall duè.
Donations and 1ogaci8s
Unmtrictsd Unrgstrlct
fund8
funds
2026
2024
Offerings
HMRC., GiftAid rebate
60.271
10.518
55,6C6
7,051
79,789
62,657
11

NEW LIFE CHURCH (REDCAR)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charitable actlvltles
Unrestrietod Unrn8triGtod
funds
funds
2025
2024
Coffee bar
Room hire
4.221
1,140
3,653
1,020
5,361
4.673
Investmonts
Unrestrlctod Unrestricted
funds
funds
2026
2024
Interest recetvable
3,179
¢harltable actlvltles
Unrn8trlctgd Unr88trlctsd
funds
fund$
2025
2024
Staff costs
Repalrs and renewals
Rates
Utilities
Telephone
Advertising
Sundries
38,862
1.786
695
4,807
423
2,776
352
31,765
1,407
5.352
413
427
191
L 11
Chureh Supplles
License6
InsurarKe
D¢￿atIOns
Depreciation
Independent examiners fee8
Evangellsm
1,269
641
186
1,593
2,805
650
1,296
787
1,783
1,098
1,357
1,355
878
57,637
48,192
57.637
48,192
12-

NEW LIFE CHURCH (REDCAR)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Tru$ts•s
Nong of the Trustees lor any persons conn8cted with them) rece6ved any remuneration, èeneffts or e>penses
from the ch8rity during the year.
Employe08
The average monthly Nmber ofemployees during the year was..
2025
Number
2024
Number
Employm8nt costs
2026
2024
ges and salaiies
Other penslon costs
37,911
951
31,500
265
38,862
31.765
Thère ￿re no employee8 ￿0$9 annu￿ remuneration was more than £60,000.
Taxatlon
The charity Is exempt from tsx on income and gains falling within section 505 of the TaxesAct 1988 or sgctlon
252 of the T8xalionof Chargeable Gains Act 1992 to Ihe extent that these are applied lo 118 charitablo objects.
Tanglble flxed agsets
Frn•hold land
and bulklSn
Plant and
•qulpm•nt
Totsl
Cost
At 1 April 2024
Addition8
768.788
e,743
9.098
11.522
77S,886
18,265
At 31 Marth 2025
773.531
20,620
794.151
D8prnciation and impalmiont
At 1 April 2024
Depreclation charg9d In the year
3,114
1,357
3,114
1,357
At 31 Marth 2025
4,471
4,471
Carylng amount
At 31 Marth 2025
773,531
16,149
789,880
At 31 March 2024
766,766
5,984
772,772
13-

NEW LIFE CHURCH (REDCAR)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
10 Crodltors.. amounts f411ing dug wllhln one year
2025
2024
Other taxation ar￿ sctial $eGwty
Other creditors
A¢¢ruals and deferred income
707
220
1,132
2,511
2,059
4,155
11 Relat•d party trnnsac*ion8
There waro no discfo8*ib related paty transactions durfng the year12024 . none).
14-