## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 1 AUGUST 2022 **To** 31 JULY 2023 ## Section A Reference and administration details **Charity name** New Life Church Letchworth CIO **Other names charity is known by** New Life Church Letchworth **Registered charity number (if any)** 1188017 **Charity's principal address** Oakhurst Stevenage Road HITCHIN **Postcode SG4 7JX** ## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 John King Chair
2 Michael Foster Up to 13/3/2023
3 Sarah Carlson
4 Joel Tarbutton
5 Samuel Huggill
6 Ashley Croft
Garth Pendleton- From 21st May 2023
7
Browne
8
9
10
11
12
13
14
15
16
17
18
19
20
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
**----- End of picture text -----**
**TAR** 1 MAR 24 ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Constitution - (eg. trust deed, constitution) How the charity is constituted CIO registered 21 February 2020 - (eg. trust, association, company) Trustee selection methods Appointed by existing trustees in conjunction with Church Elders (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; New Life Church Letchworth is governed by New Life Church Letchworth CIO which was formed in February 2020. There is also the original Trust in existence, charity number 299705. The Church is gradually moving all operational and administrative functions from the Trust to the CIO. - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** The objects of the charity, as stated in its constitution are: **Summary of the objects of the charity set out in its governing document** - The advancement of the Christian Faith in accordance with the doctrines set out in the constitution and the worship of God in Hertfordshire and elsewhere by any means whatsoever including the preaching and proclamation of the Christian gospel and the teaching of Christian doctrine and principles and the pastoral care of Christian people and the printing and distribution of the bible and Christian literature. **TAR** 2 MAR 24 - The relief of persons who are in conditions of need, hardship or distress or who are aged or sick. - The advancement of education on the basis of Christian principles and without prejudice to the generality of the foregoing the provisions of such education in any educational establishment and if the trustees so decide the provision of one or more charitable education establishments for the general education of children or adults on the basis of such Christian principle. New Life Church Letchworth has continued to hold Sunday services throughout the period, providing both adult and children and young person's spiritual education and support on a weekly basis. The Sunday services are available in person, remotely via YouTube live stream and subsequently via YouTube. Other church meetings known as Fused Groups are held in various homes or via zoom during the week. Regular men's breakfasts and ladies events are also held. **Summary of the main activities undertaken for the public benefit in relation to** The CIO also coordinates and supports a scheme which provides meals **these objects (include within** to families during the school holidays, called Make Lunch. **this section the statutory declaration that trustees have** The CIO also supports local schools by providing a one to one mentor to **had regard to the guidance** pupils who are deemed by the school to be at risk of exclusion. **issued by the Charity Commission on public** The charity trustees have due regard to the guidance on public benefit **benefit)** published by the commission in exercising their powers and duties. ## **Additional details of objectives and activities (Optional information)** **TAR** 3 MAR 24 You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance **TAR** MAR 24 4 Section D Achievements and performance |**Summary of the main**
**achievements of the charity**
**during the year**|The CIO employed three part-time (0.8, 0.4 and 0.2) staff. The CIO has
also continued to support several charitable trusts. The Charitable Trusts
supported during 2022-23 with regular monthly donations have included:-
•
Global Horizons
•
Further Faster
•
Transforming Lives for Good
•
Christian Initiative to Schools in Letchworth & District
•
Choice North Herts
Additionally the CIO has supported the Rekai Tangwena Children’s
Home in Nyanga (Mangondoza Township), Zimbabwe. The Children’s
Home is linked to Holy Cross Church in Nyanga. A regular sponsorship
scheme has been administered to provide regular and committed
assistance with food, clothing & education for around 18 children. This
funding has been channelled through the charity SOZO (Support of
Zimbabwe’s Orphans).
Other donations and support has been given to Missions in the UK and
overseas including

Love Moldova

Tender Heart India.
•
Letchworth Foodbank
In recent years the Church has been partnering with the charity
Transforming Lives for Good (TLG). TLG has trained volunteers to go
into local schools to provide personal mentoring and guidance. Several
members of the Church have committed to the programme. The Church
has worked with two schools in Letchworth and coaches are committed
to giving an hour per week over the academic year to work with individual
students. The CIO employed a part time family & community pastor. Part
of this role is to further the work of TLG in the local area, and to
coordinate with other local churches the Make Lunch programme.
Last year the CIO received grants from the local business sector and
schools to run a TLG Make Lunch programme, and we are grateful for
this additional funding to support the running of this programme. Make
Lunch enables and equips churches to provide free, hot and healthy
meals and food parcels to children and families that could otherwise go
hungry. Make Lunch also organised a family fun day during the summer
break as well as Easter and Christmas food hampers and presents.
The Church has continued to use Letchworth Free Church (LFC) Hall and
the North Herts District Council owned Howard Hall for its Sunday
service, various meetings and activities throughout the week. We have
been grateful to LFC for hosting us and have been able to continue invest
our funds and resources in making improvements to the Hall for our
mutual benefit. The Church has continued to work, particularly in prayer
and outreach, with other local churches in and around Letchworth.
The Church organised a weekend break in Norfolk in July which was
attended by over 120 people.
The Trustees have recognised the need for larger and more suitable
premises for its Sunday service and other meetings and activities for the
community. In the longer term this may well require the purchase or
building of suitable premises. A designated fund has been allocated for
this. Throughout the reporting year the Church has continued to invest
in and improve our use of on-line applications and Communications.| |---|---| **TAR** MAR 24 5 Section D Achievements and performance The donations received by the CIO are almost entirely through the giving of people within the Church. The trustees will continue to regularly review income and expenditure and ensure that resources are expended effectively in furthering the aims of the CIO. Other activity during this period has been to move the financial systems and regular donations from the Trust over to the CIO. This included accounting for Gift Aid amounts. **TAR** 6 MAR 24 ## **Section E Financial review** The trustees believe that a minimum unrestricted reserve is required to **Brief statement of the** effectively administer New Life Church Letchworth. The minimum reserve **charity’s policy on reserves** is required for the following reasons:- To ensure that all bills and payments are paid promptly To allow for short term fluctuations in income To ensure that New Life Church Letchworth can respond financially to unforeseen needs that may arise locally, nationally or internationally. To ensure that contractual (mostly employment related) and moral commitments are maintained. At the end of the accounting period the unrestricted reserves stood at £110860. These reserves will be drawn on to cover the planned expenditure for the next year. The Church’s reserves policy is to maintain a minimum reserve of £40,000, based on the trustees’ view that a reserve of between 3-6 months running costs is sufficient to meet the above objectives. In recognition of the Church’s need for larger premises for its Sunday Service, weekly meetings and activities the Trustees have designated a building fund of £70,000 from its unrestricted reserves. **Details of any funds materially in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** **TAR** MAR 24 7 ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** John Harvey King **Position (eg Secretary, Chair,** Chair **etc) Date** 12/3/2024 **TAR** 8 MAR 24 **No (if any) New Life Letchworth Church (CIO) CC16a Receipts and payments accounts For the period** Period start date Period end date **To from** 01 August 2022 31 July 2023 **----- Start of picture text -----**
Section A Receipts and payments
Unrestricte Restricted Endowme Total
Last year
d funds funds nt funds funds
to the to the nearest to the to the to the
nearest £ £ nearest £ nearest £ nearest £
A1 Receipts
Tithes and Offerings 92,712 7,972 - 100,684 47,760
Grants - - - -
Gift Aid 23,195 1,322 - 24,516 8
75 - - 75
Interest
Contra payments 5,480 - - 5,480 5,276
Transfer from NLC Trust - - - - 156,137
Other 94 - - 94 -
- - - - -
Sub total (Gross income for AR) 121,556 9,294 - 130,849 209,181
A2 Asset and investment sales, (see
table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 121,556 9,294 - 130,849 209,181
A3 Payments
Employment costs 72,537 1,614 - 74,150 31,752
Leadership Network support 8,920 - - 8,920 6,160
Ministry, church services and events 13,488 4,492 - 17,980 10,404
Offerings, gifts and projects 2,800 11,650 - 14,450 7,818
Premises 22,283 - - 22,283 15,342
Administration 7,117 - - 7,117 4,212
Contra payments - - - - 1,893
- - - - -
- - - - -
Sub total [ 127,144 ] 17,755 - 144,899 77,581
A4 Asset and investment purchases, (see
table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 127,144 17,755 - 144,899 77,581
Net of receipts/(payments)
- 5,589 - 8,461 - - 14,050 131,600
A5 Transfers between funds - 10,188 10,188 - -
A6 Cash funds last year end 126,637 4,963 - 131,600 -
Cash funds this year end 110,860 6,690 - 117,550 131,600
**----- End of picture text -----**
## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the charity’s**
**own use**
**B5 Liabilities**|**Details**
New Life Church Letchworh CIO
New Life CIO -Make lunch
Petty cash
**_Total cash funds_**
(agree balances with receipts and
payments account(s))
**Details**
Interdivisional loan to NLC Trust
**Details**
**Details**
**Details**
Hardship conduit fund|**Unrestrict**
**ed funds**
**to nearest £**
**110,860**
**-**
**-**
**110,860**
OK
**Unrestrict**
**ed funds**
**to nearest £**
**406**
**-**
**-**
**-**
**-**
**-**
**Fund to**
**which asset**
**Fund to**
**which asset**
**Fund to**
**which**
**460**|**Restricte**
**d funds**
**to nearest £**
**570**
**6,005**
**115**
**6,690**
OK
**Restricte**
**d funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Cost**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**|**Endowme**
**nt funds**
**to nearest £**
**-**
**-**
**-**| |---|---|---|---|---| |||||**-**| |||||OK| |||||**Endowme**
**nt funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current**
**value**
**-**
**-**
**-**
**-**
**-**
**Current**
**value**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**| Signed by one or two trustees on behalf of all the trustees Signature |Print Name
JOHN H KING|Date of
approval
12/03/2024| |---|---| CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner'5 Report Report to the trusteesl members of New Lrfe Church Letdworth Charltable Incorporated Organisation (CIO) On accounts for the year ended 31 July 2023 Charlty no lrfany) 1188017 Set out on pages 1-2 ofthe CC16a rewrt I report to the trustees on my examination of the ac￿Unts of the above chanty for the yeaf ended 31r112023 Responsibilities and As the chanty trustees you are reswnsible for the preparation of the basi5 of report accounts in aoJ)fdance with the requirerrEnts of the Chaiities Act 2011 (llhe Acr). I report in respect of my examin*on of the accounts of the charity carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicatAe Directions given by the Charity Commission under section 145{5){b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention {other than that disdosed below ') in connection with the examination which gives me cause to believe that in. any material respect.. accounting records were not kept in acrordance with section 130 of the Act or the accounts do not ￿rd with the aca)unting re(y)rds Independent examiners statement I have no COn￿mS and have come across no other matters in connection with the examination to which attents.on should be drawn in order to enable a proper understanding of the accounts to be reached. ' Please delete the words in the brndfets rfthey do not apply. Signed: 15 March 2023 Namo: Magdalena Shotter of ATS Ac£ounting & Tax Solutions Ltd Relevant professional qualification{s) or body (rfany): FCA- Felllyw of the Institute of Chartered AC￿UntantS of Engtand and Wales Address: 6 Coffield Close Finchampstead Wokingham, RG40 4PA IER October 2018 **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **October 2018** **IER**