## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 1 AUGUST 2023 **To** 31 JULY 2024 ## 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** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||John King|Chair||| ||Joel Tarbutton|||| ||Samuel Huggill|||| ||Sarah Carlson||Uptill 14thApril|| ||AshleyCroft|||| ||Garth Pendleton-
Browne|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **TAR** MAR 24 1 ## **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) CIO registered 21 February 2020 How the charity is constituted - (eg. trust, association, company) Appointed by existing trustees in conjunction with Church Elders Trustee selection methods (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** MAR 24 2 - 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 a local school 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** MAR 24 3 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 erformance p **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 2023-24 with regular monthly donations have included: - - Further Faster - • Transforming Lives for Good - Christian Initiative to Schools in Letchworth & District - • Choice North Herts • Tender Heart India 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). During the period, SOZO was wound up as a charity, and the CIO now supports Rekai directly. 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. Members of the Church have committed to the programme. The Church has worked with one secondary school in Baldock, 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 (0.2) 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 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. During the period the trustees actively considered the purchase of an unused church premises in Letchworth. The building in question required extensive remodelling and investment. A bid was submitted but was not accepted by the vendors. **TAR** MAR 24 5 Section D Achievements and erformance p 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** MAR 24 6 ## **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 £138354 over the revised reserves policy. These reserves will be drawn on to cover the planned expenditure for the next year. The trustees considered the Church’s reserves policy and in particular the uncertainty arising from the pandemic and the wider economy and the possible impact on both the Church’s income and the need for its work. As a result the trustees have decided to increase the minimum reserve of £30,000 to £40,000 and to link the reserves required to the running costs of the Church. The trustees believe that a reserve of between 3-6 months unrestricted fund running costs (£26219 - £52437 this year) 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** 12/1/2025 **TAR** MAR 24 8 **----- Start of picture text -----**
No (if any)
New Life Letchworth Church (CIO)
Receipts and payments accounts CC16a
Period start date Period end date
For the period from To
01 August 2023 31 July 2024
Section A Receipts and payments
Unrestricted Restricted Endowment Total
Last year
funds funds funds funds
to the
to the nearest £ to the nearest £ to the nearest £ to the nearest £
nearest £
A1 Receipts
Tithes and Offerings 87,364 7,382 - 94,746 100684
Grants - -
23,173 2,731 - 25,904 24516
Gift Aid
Interest 1 - 1 75
Contra payments 330 - 330 5480
Loan from NLC Trust 69,319 4,484 - 73,803 0
2 - 2 94
Other
- - 0
180,189 14,597 - 194,785 130849
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total [ - ] - - - -
Total receipts 180,189 14,597 - 194,785 130,849
A3 Payments
Employment costs
60,984 - - 60,984 72,537
Leadership Network support 3,898 - - 3,898 8,920
Ministry, church services and events
14,135 20,079 - 34,214 19,593
Offerings, gifts and projects 3,736 1,200 - 4,936 14,450
Premises 15,052 - - 15,052 22,283
Administration 7,072 - - 7,072 7,117
Contra payments - - - - -
- - - - -
- - - - -
Sub total [ 104,876.15 ] 21,279.11 - 126,155 144,899
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A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total
- - - - -
Total payments 104,876 21,279 - 126,155 144,899
Net of receipts/(payments) 75,312 - 6,682 - 68,630 - 14,050
A5 Transfers between funds - 7,818 7,818 - -
A6 Cash funds last year end 110,860 6,690 - 117,550 131,600
Cash funds this year end 178,354 7,826 - 186,180 117,550
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## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**|**Details**
**Details**
**Details**
**Details**
(agree balances with receipts and payments
account(s))
**Details**
New Life Church Letchworh CIO(less
restricted funds held in General acc)
New Life CIO -Make lunch (plus restricted
funds in General bank acc)
Petty cash
**_Total cash funds_**|**Unrestricted**
**funds**
**to nearest £**
**178,261**
**93**
**178,354**
OK
**Unrestricted**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**|**Restricted**
**funds**
**to nearest £**
**7,826**
**7,826**
OK
**Restricted**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Cost**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Endowment**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**| |---|---|---|---|---| **----- Start of picture text -----**
B5 Liabilities Interorganisational loan from NLC Trust - 155055 -
General
Interorganisational loan from NLC Trust - 4479 -
Restricted
Interorganisational loan from NLC Trust - 70000 -
Designated
Harship conduit fund 460 -
-
Signed by one or two trustees on behalf Date of
of all the trustees Signature Print Name approval
JOHN H KING 22-May-25
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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustee￿ i members of Il New Life Church Letchworth Charitable Incorporated Organisation ICIO) On accounts for the year onded 31 July 2024 Chartty no lrfany) 1188017 Sot out on pago5 1-3 ofthe CC16a report I report to the trustees on my examination of the accounts of the above charity for the year ended 311712024 Responsibilities and As the charrty trustees you are ￿SF￿Sib1e for the preparation of the basls of report accounts in accordan￿ with the requirerTEnts of the Charilies Act 2011 (Ihe Acr). I report in re$Fect of my examination of the a￿unt8 of the charity carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I cOnfi￿n that no material matters have coffE to my attention (other than thal disdosed bel(w ') in connection with the examination whith gives me cause to believe that in, any material respeca: a￿OUntIng re￿)rdS were not kept in accordance wrth section 130 of the Act or the 8ccounts do not ￿e0rd with the accountina reccrds I hav• coneéms and have wma xross no other matters in connection wth the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. ' Please ￿late the wonys in the brnc*ets rfthéy do not apply. 22 May 2025 Nam•: l Magdalena Shotter of ATS Acminting & Tax SolutFons Ltd R8l•vant prof•Mional , FCA- qualificatlonls) or body ' Fellow of the Institute of Chartef•d Accountants of England and Wales Ilf any): Independent examiner's Statement Slgn•d: Addr•••: 6 Corfield Cloa• Finchampstead Woklngham, RG40 4PA IER October 2018