## **THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE**
**Charity No. 1182696**
**Company No. 11871701**
## **Trustees' Report and Unaudited Accounts**
**31 March 2021**
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2 to 8|
|Independent Examiner's Report|9|
|Statement of Financial Activities|10|
|Summary Income and Expenditure Account|11|
|Balance Sheet|12|
|Notes to the Accounts|13 to 17|
|Detailed Statement of Financial Activities|18 to 19|
Page 1
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Trustees Annual Report**
## NEWNESS OF LIFE
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2021.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 11871701**
## **Charity No. 1182696**
## **Principal Office**
24 Piren Green Silverdale, Newcastle-under-Lyme Staffordshire ST5 6SX
## **Registered Office**
24 Piren Green Silverdale Newcastle Under-Lyne ST5 6SX
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
O. Babatunde R. Ibrahim A. Ishola
## **Company Secretary**
D. Shorun
## **Key Management Personnel**
Pastor Dominic O Shorun
## **Accountants**
RAK ACCOUNTING SOLUTIONS LIMITED 11 Louvaine Close Abbey Hey Manchester M16 8SJ
## **Bankers**
HSBC UK Crown Bank Hanley Stoke-On-Trent, Staffordshire ST1 1DA
Page 2
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Trustees Annual Report**
## **OBJECTIVES AND ACTIVITIES**
The purpose of the charity as set out in its governing document, the Trust Deed of the Parish Newness of life Christian Church Centre are to:
Provide worship, spiritual, emotional support consistent with the beliefs and practices of the Christian faith; Advance the Christian faith according to the principles of the Redeemed Christian Church of God Worldwide. This includes the advancement of education, community service and such other general charitable purposes in such parts of the United Kingdom;
Pursue activities that allow people in Staffordshire (Newcastle-under-Lyme + 50 miles radius) to express their faith, joy in knowing God and to enact and raise awareness of the love of God in the community; to relieve sickness and financial hardship, and promote and preserve good health by the provision of funds, goods or service of any kind through the provision of counselling and support in such parts of the United Kingdom or the world as the RCCG Council, from time to time thinks fit. The Church provides other charitable services, both to its membership and to the community generally. The aim is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as living Lord.
Page 3
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Trustees Annual Report**
Summary of the main activities in relation to these objectives
## 1. Corporate gatherings for worship, prayer and mutual encouragement.
This is central to the work and witness of the church. We have provided well structured, enjoyable services in the year including series of teachings and enrichment seminars during our Sunday and Wednesday services. Prayer life of the church continues in every service. Particularly every Friday evenings provide further opportunities for church members to pray together for God’s leading and offer prayer needs for country, community, households, church family and individuals. Our meetings, seminars continue to be open to the public and are advertised through our websites and social media handles.
Pandemic: We have never in the history of the church needed to stop meeting for worship! Due to COVID-19 we had to close all in-person meetings. From the 22 March 2020, our worship services (on Sundays, Wednesdays and Fridays) have continued to be live-streamed till date. In-person meetings (Sunday worship services only) resumed on the 11th April 2021 alongside continued live streaming. Adjustments to the modes of worship enabled us to continue to:
- help the church continue to worship
- help and encourage the congregation and wider community
- keep people connected
- continuously improve the quality of what we do, both technical and content.
We met on several occasions online and then later in person to prepare for in-person services in line with the UK Government’s strategic framework. We carried out the following work:
• We used advice and guidelines from the UK Government, NHS and RCCG UK to complete a Risk Assessment, which we kept under periodic review. Care was taken to ensure we had a system up and running that would allow track and trace in the event of a case scenario. We implemented a cleaning plan with additional cleaning of ‘most touched’ areas of the building, on top of regular cleaning after service. Appropriate signage was up throughout the building with floor markings where needed. We communicated with each person or family that is part of our church, clearly explaining our responsibilities and actions as well as their responsibilities should they attend in-person services. We created a register that would help our congregation to engage with in-person church and ensure we were meeting the government’s regulations on the cap of number of people with physical distancing, as well as all the other measures such as masks, visors, distancing, one-way systems, hand gel stations, and no offering bags. Communion services/practice remained virtual, and no refreshments were served up until July 27th after restrictions had been lifted.
## 2. Small Connect Groups
At the outset of the year 2020, we set up small connect groups which helped people to stay connected, and feel connected via phone (WhatsApp), email and Zoom technology. As the year progressed a new group was set up. The married couple’s fellowship was a new initiative but a vision that has been at the heart of the senior pastor for well over 10 years. Changes in church membership demographics, and responsible response to membership needs had helped to facilitate the birth of this vision. Membership of the married couple’s connect group has grown and two major activities (socially distanced love feast – May 2021 and seminar August 2021) have now taken place.
Page 4
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Trustees Annual Report**
## 3. Children’s Groups
• All our children's focussed meetings stopped abruptly as a result of the pandemic. This left a massive vacuum. However, we continued to try and engage with our children through virtual children led/focussed service in March/ April 2020/21.
- With parental support and engagement, children were regularly sent /signposted to Christian
books/resources and virtual seminars to encourage their spiritual and emotional wellbeing.
- Welfare calls were also placed to check on families with children at various times throughout the year.
- Families were encouraged to continue to help children to be part of our virtual worship services.
- Children focussed Sunday school classes are planned to resume in September 2021 in line with health and safety provisions.
## 4. Pastoral Care
Our membership has been well cared for. Pastoral care became a real challenge during the year as needs increased but the opportunity to spend time with people in person decreased. Much use was made of phoning, emailing, “Zooming”, meeting in gardens (where appropriate). We offered practical help and support to church family and community by helping with food shopping and dropping at footsteps. 5. Training
We have worked to equip members of our congregation with the skills and knowledge to live out their Christian faith, participate effectively in the life and ministry of the church. We have taken advantage of conferences run by other ministries (e.g., Grace & Faith Conference through Andrew Womack Ministries, West African Faith Believers Conference / Pastors and minister’s training conference by Covenant Nation). We have run several workshops such as Goals visions setting, 7- week Discipleship course and Finance seminars.
It was essential for the leadership to be apprised of the evolving situation during the year. This was a clear priority and experienced people were consulted and drafted in alongside the church senior leadership team to help shape church activities. Sources of information included the Government website, NHS website, RCCG UK website and Pastors meetings, and Evangelical Alliance / STAR website and meetings.
It was important to learn and adopt new innovations as we went along and in a very short space of time. We took church services online and adopted new technologies to keep meetings and connections with the church members.
Members, workers and stewards meeting was organised and conducted in-house in August 2021.
6. Community engagement & social responsibility and advocacy
The Church continues to play an active part in the life of the community, by donating to foodbanks and supporting the distribution of food to the less privileged in association with Higherland Methodist Church, The YMCA, Salvation Army and Newcastle-under-Lyme food bank. The church has met with council officials, and councillors to network and raise awareness about our charitable work but most importantly to know about area of much need help and how we can come alongside them to support our community.
## 7. Mission abroad
We seek to recognise and develop our part in God’s wider mission not only locally, but nationally and internationally, both within the RCCG and across denominational boundaries. We continue to support other RCCG initiatives in the UK and overseas mission causes through our giving to the RCCG Central Office. A number of our members support specific charities and organisations such as the Christian Legal aid and UCB.
Page 5
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Trustees Annual Report**
## 8. Prison Ministry
• Volunteers from the church continued working with chaplaincy and prisoners at Drake Hall. The church facilitated Christmas 2020 Angel tree programme and organised the distribution of Christmas gifts and faith-based age-appropriate books to children in (~110 families) affected by prison sentences.
• We supported the prison chaplaincy, offered encouragement, and took up prayer needs as requested.
9. Volunteer stewards/workers. The Trustees would like to thank all volunteers for their invaluable contribution to the life of the church (charity).
## **FINANCIAL REVIEW**
In promoting Christian faith, the church has managed to generate a total income of £43,309(2020 £40,087) through holding regular weekly meetings, conferences and joint conferences with other churches It is the Trustees objective to build up sufficient reserves to cover three month's recurrent expenditure.
## **PLANS FOR FUTURE PERIODS**
In furtherance of the gospel and providing pastoral care, we will continue to improve our operations and activities as above in furtherance of the objects of the church. This includes organizing conferences and seminars, to promote the Christian faith, singles Retreat, married couples' dinner and regular leadership training.
We will continue to offer welfare support to individuals within our congregation and the local community at large
We will continue to develop and create volunteering opportunities and engaging with our local community, statutory agencies and enhancing good working relationship with key stakeholders in the local community.
## The Community connection Programme:
We will continue with our plans to develop Transformation Community Resource Centre and the community projects we are currently running
The charity intends to expand its operations and charitable activities and has therefore proposed to start a PAYE Scheme that may be used to pay employee's wages and remunerations.
Also to improve the finances of the organisation, the trustees are planning to register for the Gift Aid Scheme from the beginning of 2021 financial year to claim the approve HMRC gift aid repayments.
## Leadership Development:
Leadership development in the church remains a central priority. Plans are in place for seminars and trainings.
## Connect Groups:
Connect Groups must become a greater focus in the life of the church. They offer a way for people to be and feel more connected.
## Missions:
We plan to lift the profile of mission work at home and abroad.
Page 6
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Trustees Annual Report**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## Affiliations and Connections
Newness of Life Christian Centre Newcastle-under-Lyme UK is a parish of and is affiliated to the Redeemed Christian Church of God UK. RCCG UK
## Governing Document
Approved governing document (also known as The Constitution).
## Trustees
There has been no change to the trustee membership for the reporting period.
## Organisational structure
The main office bearers of the charity are the Chairman, Secretary (who are members of the Management Trustees) and the senior Pastors who are responsible for ensuring that the daily activities of the charity are in accordance with the charity objectives.
## Risk Management and Trustees Meetings
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. It is considered by the Trustees that there is currently no foreseeable risk where “Newness of Life Christian Centre” is exposed. The charities financial system is adequate to ensure appropriate supervision. Non-financial risks are also reviewed.
The Trustees meet on a regular basis (3 times in the reporting year) to discuss the business, finances, mission, vision, leadership, and direction of RCCG Newness of Life Christian Centre. Additional ongoing email correspondences (open/including all) were required in conjunction with statutory meetings to constantly review principal risks and uncertainties as well as urgent practical issues as needed (such as managing the COVID-19 situation and the search for prospective suitable worship centre.
The main office bearers of the charity are the Chairman, Secretary (who are members of the Management Trustees) and the senior Pastors who are responsible for ensuring that the daily activities of the charity are in accordance with the charity objectives.
The management of the Charity is the responsibility of the Directors who are elected and co- opted under the terms of the Articles of Association. This states that any person, being a member of the Church who accepts the doctrine of the Church, may be appointed to the board by the members.
Each of the appointed Trustees / Directors draws on specialist and professional advice for their area of responsibility. Each has received training and teaching to help them bring governance and direction to their area of responsibility.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
Page 7
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Trustees Annual Report**
O. Babatunde Trustee 31 October 2021
Page 8
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Independent Examiners Report**
## **Independent Examiner's Report to the trustees of THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE**
I report to the charity trustees on my examination of the accounts of THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the accounts do not accord with those records; or
- the accounts do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Nii Otu Quaye FCCA FFA FIPA Institute of Financial Accountants
RAK ACCOUNTING SOLUTIONS LIMITED 11 Louvaine Close
Abbey Hey Manchester
M16 8SJ 31 October 2021
Page 9
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Statement of Financial Activities**
## **for the year ended 31 March 2021**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
**Total**
**Expenditure on:**
Charitable activities
4
Other
5
**Total**
Net gains on investments
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2021**
**£**
44,809|**Total funds**
**2021**
**£**
44,809|**Total funds**
**2020**
**£**
47,303|
|---|---|---|---|
||44,809
5,898
4,620|44,809
5,898
4,620|47,303
5,711
17,150|
||10,518
-|10,518
-|22,861
-|
||34,291
-|34,291
-|24,442
-|
||34,291|34,291|24,442|
||34,291
73,324|34,291
73,324|24,442
48,882|
||107,615|107,615|73,324|
Page 10
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Summary Income and Expenditure Account**
## **for the year ended 31 March 2021**
|Income
**Gross income for the year**
Expenditure
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2021**
**£**
44,809
44,809
10,518
10,518
34,291
34,291|**2020**
**£**
-|
|---|---|---|
|||-|
|||-|
|||-|
|||-|
|||-|
Page 11
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Balance Sheet**
## **at 31 March 2021**
|**at 31 March 2021**||
|---|---|
|**Company No.**
**11871701**
**Notes**
**2021**
**£**
**Current assets**
Debtors
7
-
Cash at bank and in hand
107,615
107,615
**Net current assets**
107,615
**Total assets less current liabilities**
107,615
**Net assets excluding pension asset or liability**
107,615
**Total net assets**
107,615
**The funds of the charity**
**Restricted funds**
8
**Unrestricted funds**
8
General funds
107,615
107,615
**Reserves**
8
**Total funds**
107,615|**2020**
**£**
3,000
70,324|
||73,324|
||73,324
73,324|
||73,324|
||73,324|
||73,324|
||73,324|
||73,324|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 October 2021
And signed on its behalf by:
O. Babatunde
Trustee
31 October 2021
Page 12
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Notes to the Accounts**
## **for the year ended 31 March 2021**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 13
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 14
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Notes to the Accounts**
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
Page 15
## **THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE**
## **Notes to the Accounts**
## 3 **Income from donations and legacies**
|4
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
_Governance costs_
5
**Other expenditure**
Motor and travel costs
Premises costs
General administrative costs
Legal and professional costs
6
**Staff costs**
No employee received emoluments in excess of £60,000.
7
**Debtors**
Other debtors|**Unrestricted**
**£**
44,809
44,809
**Unrestricted**
**£**
5,898
5,898
**Unrestricted**
**£**
-
(1,500)
5,640
480
4,620
**2021**
**£**
-
-|**Total**
**2021**
**£**
44,809
44,809
**Total**
**2021**
**£**
5,898
5,898
**Total**
**2021**
**£**
-
(1,500)
5,640
480
4,620|**Total**
**2020**
**£**
47,303|
|---|---|---|---|
||||47,303|
||||**Total**
**2020**
**£**
5,711|
||||5,711|
||||**Total**
**2020**
**£**
3,405
5,052
8,693
-|
||||17,150|
||||**2020**
**£**
3,000|
||||3,000|
Page 16
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Notes to the Accounts**
## 8 **Movement in funds**
|**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Revaluation Reserves:**
**Total funds**
9
**Analysis of net assets between funds**
Net current assets
10 **Reconciliation of net debt**
Cash and cash equivalents
Net debt|**At 1 April**
**2020**
73,324
73,324|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
44,809
44,809
**At 1 April**
**2020**
**£**|**Resources**
**expended**
**£**
(10,518)
(10,518)
**Unrestricted**
**funds**
**£**
107,615
107,615
**Cash flows**
**£**|**At 31**
**March**
**2021**
**£**
107,615|
|---|---|---|---|---|
|||||107,615|
|||||**Total**
**£**
107,615|
|||||107,615|
|||||**At 31**
**March**
**2021**
**£**|
|||70,324|37,291|107,615|
|||70,324
70,324|37,291
37,291|107,615|
|||||107,615|
## 11 **Related party disclosures**
## _**Controlling party**_
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 17
**THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Detailed Statement of Financial Activities**
## **for the year ended 31 March 2021**
|**Income and endowments from:**
Donations and legacies
**Total income and endowments**
**Expenditure on:**
Charitable activities
**Total of expenditure on charitable**
**activities**
Fares
Premises costs
Rates
General administrative costs,
including depreciation and
amortisation
Equipment expensed
General insurances
Stationery and printing
Subscriptions
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**|**Unrestricted**
**funds**
**2021**
**£**
44,809
44,809
44,809
5,898
5,898
5,898
-
-
(1,500)
(1,500)
357
-
128
4,857
298
5,640
480
480
4,620
10,518
-
34,291
34,291
-
34,291|**Total funds**
**2021**
**£**
44,809
44,809
44,809
5,898
5,898
5,898
-
-
(1,500)
(1,500)
357
-
128
4,857
298
5,640
480
480
4,620
10,518
-
34,291
34,291
-
34,291|**Total funds**
**2020**
**£**
47,303|
|---|---|---|---|
||||47,303|
||||47,303
5,711|
||||5,711|
||||5,711
3,405|
||||3,405|
||||5,052|
||||5,052|
||||598
534
190
7,214
157|
||||8,693|
||||-|
||||-|
|||||
||||17,150|
||||22,861
-|
||||24,442|
||||24,442
-|
||||24,442|
Page 18
## **THE REDEEMED CHRISTIAN CHURCH OF GOD NEWNESS OF LIFE CHRISTIAN CENTRE Detailed Statement of Financial Activities**
|**Detailed Statement of Financial Activities**||||
|---|---|---|---|
|**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|73,324
107,615|73,324
107,615|48,882|
||||73,324|
Page 19