Charity Number: 1188131 Company Number CE020823 ## **Gower New Life Church CIO** Charity number: 1188131 Company Number: CE020823 **Trustee Report and Financial Statements** for the year ended 24[th] May 2023 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 ## Contents ||Page| |---|---| |Legal and administrative information|2| |Trustees report|3 - 7| |Independent Examiner’s report|8| |Statement of financial activities|9| |Balance sheet|10| |Notes to the financial statements|11 – 14| Page 1 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 ## Legal and administrative information Company Name: Gower New Life Church CIO Charity Registration Number: 1188131 Company Number: CE020823 Address: Barham Centre Mount Pisgah Parkmill, Gower Swansea SA3 2EQ Trustees: Fleman Patrice Aka Linda Anne Knox David Bassett Thomas (resigned 5[th] May 2023) John Kenneth Tancock Independent Examiner: Nicola Lewis EasyBooks Wales Ltd Unit 4, Dragon 24, North Dock, Llanelli, SA15 2LF Bankers: HSBC UK Bank PLC 4A Vaughan Street Llanelli SA15 3TY Page 2 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 ## **Report of the Trustees** For the year ended 24 May 2023 The Trustees present their report and the financial statements for the year ended 24 May 2023. The trustees who served during the year and up to the date of this report are set out on page 2. The organisation received charitable status approval as a CIO on 24[th] February 2020. ## **Structure, governance and management** The Charity is managed by trustees who are appointed and in line with the charity’s governing document. ## **Governing Document** The charity is governed by its Constitution. ## **Objectives and activities** The main purpose and objects of the charity are set out in the governing document as follows: - The advancement of the Christian faith in accordance with the doctrine set out in the underwritten Fourth Schedule and the worship of God in the county of Swansea and in such other parts of the United Kingdom or the World and elsewhere by any means whatsoever including (but not by way of limitation) the preaching and proclamation of the Christian gospel, the teaching of the Christian Doctrine and principles, the pastoral care of Christian people and the printing and distribution of the Bible and Christian literature including video, and audio recordings and by any other media which is, or may become, available; - The relief of persons who are in conditions of need, hardship or distress or who are aged or sick and the promotion and preservation of good health by the provision of funds, goods or services of any kind including through the provision of training, counselling and support in the county of Swansea and in such other parts of the United Kingdom or the World and elsewhere as the trustees may from time to time think fit; ## **Achievements and performance** ## **Kingdom Series and Ekklesia** As we saw last year, since the Kingdom of God is within us and is to be lived out through our interactions with our communities and workplaces, we prayed for a practical way to make it a reality. This came in the form of Ed Silvoso’s book: Ekklesia – Rediscovering God’s Instrument for Global Transformation. As a result, we transitioned from the kingdom series to church and kingdom series. Ekklesia is the Greek word for church. We decided to study it as it helped us have a better understanding of the church and her mission as God’s agency of kingdom expansion and community transformation. We encouraged the church to read Ed Silvoso’s book Ekklesia as a text book for both Sunday teachings and bible study discussions. There was a real excitement and hunger to learn and apply those fresh revelations. These series encouraged the church to be more outwards looking. The practical applications are highlighted by activities throughout the year. In May 2022, we continued our series on Ekklesia with the aim of consolidating what we have learnt so far and bringing it all together. The main topic was ‘Ekklesia - Operational Methodology’. Here we looked at how the Ekklesia, the Church was meant to operate practically in the community. Some of the key points were: - The concepts of Swamp vs River – both have life in them however a swamp can stagnate while a river doesn’t because it is connected to a constant water source which provides a life-giving flow. In order for the church to avoid stagnation, like a river, we need outlets for the Holy Spirit (Source of Page 3 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 rivers of living waters) to flow. Those outlets must be transcultural, transgenerational and transdenominational. - The two banks of the River – - Bank 1: The 5 pivotal paradigms of transformation – define the what (the great commission), why (the atonement that secured our redemption), how (work is also worship and provides an outlet to believers who are also ministers to minister to others in their workplace), where (Building the Church – It is Jesus who builds His Church, our assignment is to use the keys of the kingdom to lock and unlock, to bind and loose) and what for (Elimination of poverty in all its forms – spiritual, relational, motivational and material)? - Bank 2: Prayer Evangelism – define the way to live out the paradigms. - Seeking first the Kingdom – As we entered 2023, the Lord reminded us that we should focus and the kingdom and his righteousness. In other words, it should be our number 1 priority as church. - Addressing unexpected challenges – unfortunately as we were preparing to implement the Bank 2 – Prayer evangelism, we face unexpected challenges which needed to be addressed. So we focused on strengthening foundations by going back to teaching the basics of the Christian life such as: - The pattern of the church and addressing warning against false teaching. - Prince of peace vs warrior king where the peace of God was ministered to the congregation - Prophetic utterance which built on the warning message to teach about how to share the prophetic words and what to share prophetic words in the local church with the emphasis on safeguarding the congregation. - How does God see authorities? Teaching the church about how to relate and deal with human authorities from God’s perspective. - God is with Us - Word of comfort and encouragement to the church with key statements such as I know you, I know your works. I have opened the doors that no one can shut. I know you have little strength. ## **Sunday Services** Our Sunday services help us to fulfil our vision of “Following Jesus and Growing Together…” Our core activities consist of providing a contemporary worship experience, relevant bible teachings and fellowship. One of the most common feedback we get from our Sunday service visitors is that “it feels like family”. This is a real encouragement as being a church family where all generations can be family and feel at home, is one of our core values. We continued to meet at Pennard Parish Hall, provided a space for both our main meetings but also has additional spaces for both our kids and youth church as well as prayer. As previously mentioned, our Sunday messages focused more on the kingdom series, and the church and the kingdom, which led to teaching “Ekklesia”. Although we were meeting in person (offline), we became aware of the “new normal”, which meant that we needed to make provisions for our online audience too. As a result we continued to invest in digital solutions that enabled us to livestream our services to social media, mainly Facebook and YouTube. This bore fruit, as some people joined our in person (offline) meetings after watching our live streamed services. ## **Gower New Life Groups** Our midweek life group meetings are vital parts of church expression with the focus on bible study and fellowship. Our life group expressions of church are as important as our Sunday meetings. They offer the opportunity to build meaningful relationships, grow in faith, hope, love and get connected into the life of the church and community. This year we continued to focus our studies on Ed Silvoso’s book: Ekklesia, with special emphasis on the first bank of the river and looking at the 5 pivotal paradigms of transformation. This stirred our hearts to be more a mission focused church. However, moving to Bank 2: Prayer Evangelism which defines the way to live out the paradigms, proved a bit challenging as the idea of stepping out started to cause some apprehensions for some people who needed a bit more time. On the other hand, there were those stirred up who started to be bit impatient because they felt the church was a bit slow. The focus of the leadership was to preserve unity and ensure that no one was left behind. Therefore, the approach was to try to setup an outreach team who would coordinate, lead and model Page 4 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 outreach activities. The hope was that this would be the opportunity for those who felt ready to step out to do so and be an encouragement to those who needed a bit more time. ## **Bless Mumbles** Before covid, we felt the Lord highlighting Mumbles to us as part of Gower and that it should not be ignored. We had further confirmation when the Lord opened the door to us at Tabernacle chapel. As a result, Bless Mumbles was born – a time for worship, prayer and healing. Unfortunately, our first meeting coincided with covid 19 and Bless Mumbles was put on hold. In September 2022, we had relaunched Bless Mumbles in the form worship, vision and prayer meeting. Bless Mumbles was well attended by from some churches in mumbles as well as outside Mumbles. It was a safe space where we worshipped, prayed for Mumbles and also prayed for those who needed healing. ## **Other Activities** ## **Youth Ministry** As a family church, investing in youth is very important to us. Unfortunately, due to lack of youth leaders, haven’t been about to run the activities of previous years. However, we have tried to include them in our Sunday services at the beginning of the Sunday service, we integrate the youth by sharing Bible stories via videos, followed by an action song and dance, engaging the whole congregation. We like to call it our “workout” at the beginning of the service! They also helped with the children’s church as volunteers. Where possible we tried to organize some occasional outings to have some fun activities with the young people of their own age group. ## **Children Ministry** As a family church, investing in children is very important to us. Our children ministry is called Ignite and is aimed at those between the ages of 5 and 11. We are committed to teaching God’s word to all ages, giving children a firm foundation in scripture. Through instructional Bible study, crafts, fun games, and memory verses, we seek to convey God’s truth in a lively, interactive, and understandable way. Ignite meets on a Sunday morning during the normal meeting time. . In May 2021, when we moved the Parish Hall, we transitioned seamlessly, integrating the “Creative Corner” within the main meetings. This area encouraged mainly children, but also youth and adults, to get creative and learn through arts and crafts, within the main meeting hall, during the Sunday service. At the beginning of the Sunday service, we integrate the children by sharing Bible stories via videos, followed by an action song and dance, engaging the whole congregation. We like to call it our “workout” at the beginning of the service! At the end of the service, the creative corner was invited to share their amazing arts and crafts with the congregation. It is always encouraging to see our children grow in their faith, their love for Jesus and blossom. ## **Prayer Ministry** The prayer team meet weekly, bringing church and community needs, issues and requests to God in prayer. As a church we believe that everything we do needs to be underpinned by prayer. During our prayer meeting, we focus on: - Committing concerns and requests to God, asking that He would intervene and act to bring about His plans and purposes in situations. - Listening for His leading and directions so we can act in His power to fulfil His will and not be doing things aimlessly and ineffectively. - Thanking God for answered prayers, His revelation and direction and acknowledging His power and sovereignty and requesting these be manifest in us as a church and over all that we are and do. Page 5 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 In the future, we plan to make prayer more accessible to our community so they can also experience the power of prayer in their own lives and draw them closer to the love of God. We believe that God cares for every member of our community and wants to meet them at their points of need. ## **Outreach at the Beaufort Arms** Like last years, it has been as exciting year. We have seen existing groups grow and we can see the hand of our Lord clearly evident in all of them. ## **Men’s Afternoons** We continue to meet on the 1st and 3rd Tuesdays in the month and although it was a slow start after the break for Covid a core group remains, and we have got to know each other well. It is always a lovely afternoon with lots of fun and laughter as well as interesting conversations on a myriad of topics. The group is doing what it was always intended to do, to show the love of Jesus in the community, to help prevent feeling of isolation and loneliness within the community, by encouraging men to leave the house and provide a safe and friendly space where they can have a chat, swap stories and where they are also heard. In essence, we aim to make a difference to the lives of all who come. ## **Knit and Natter** This continues to meet on the 1st and 3rd Thursdays in the month and since Covid we have lost a few ladies and gained new ones. New friendships have been made and old ones rekindled over their mutual love of knitting or crocheting. Most ladies knit to support the Romanian Aid Foundation Charity (RoAF) which is a small Christian charity taking clothing and humanitarian aid to the needy in Dorohoi, northern Romania and through the sale of new balls of wool we continue to support the RoAF’s baby milk fund. However, supporting the RoAF is not obligatory nor expected and we welcome all ladies including those who just want to come along for the company. We are gradually accumulating a lot of wool and a great many needles and patterns through donations so we can knit without it costing anything. It is a lovely afternoon that aims to make a difference to the lives of those who come. A huge thank you must go to Kittle Bakery as it continues to provide, free of charge, all our cakes. ## **Kittle Carols** It has become a tradition that Kittle Carols happen on the second Sunday in December and this year we gathered in the late afternoon of the 12th. It was the first proper Kittle Carols since Covid although it was cold and damp it was very well attended and with the help of a risk assessment and marshals, we were able to parade with our torches and lanterns around the village stopping to sing on each of the greens. This event was organized by Kittle Events and was the first year that GNLC has been involved and we would like to say a big thank you to the church for its contribution which included the purchase of mulled wine and/or hot chocolate for all 50 adult carollers which was very much appreciated by everyone. As usual the Kittle shopkeepers generously donated all our mince pies. A big thank you to everyone who took part and enabled it to happen. ## **Daily prayer for the Beaufort in the Beaufort** This began in September 2021 after reading the book entitled Transformation by Ed Silvoso which was recommended, and it continues every day save the odd one. It began because of the dire circumstances, both financial and managerial, in which the pub found itself after Covid. The manager was asked if our Beaufort outreach leader, who leads this work, could come in every day to pray for the pub and he welcomed the idea. By praying in the pub for the pub Jesus was invited daily into the pub, giving him authority to be at the centre of it. In March 2022 a new Tenant took over, an answer to prayer. She has testified as to seeing the transforming work of Jesus evident in the change of atmosphere, felt, and voiced by both staff and customers. There has also been a rapid increase in the takings of the pub since March. Regular customers and staff have asked for prayer and have even brought friends for prayer. All this outreach has been possible because Jesus has enabled it. Our Beaufort outreach leader feels well supported by GNLC and knows that if she steps out in faith, Jesus does the rest. Thank you, Jesus, thank you GNLC, and thank you to The Beaufort for hosting us because without the generous provision of a free venue, free teas and free coffees these groups would struggle. ## **Little Nativity – 18th December 2022** We finished the year celebrating Christmas through our first ever Nativity play. It was a very professional and well-organized play by talented church members who wrote, produced, designed and made the costumes. Page 6 Gower New Lrf• Church Charity Number: 1788131 Company Number CE020823 In order to adhere Irj Covid restrictions and rewKerrents. the community rwJistered vi8 the Eventbrite. Abotrt 80 b¢kets were sokj out ￿thin weeks! There was a real interest and the hall was packed. It was an hour of fun and laughter in the Christmas Spiiit, ￿lebratir0 the bith of our Lord Jesus Christ with the Gower communlly. The community stayed within the hall after the performarKe and continued th8 Christmas celebrahorbs by eryoying mulled wino. hol thinks aNI'Christmassy' sweettr8ats- ￿lf Clvislmas gift to tho communily.11 proved lo be a real success. Futurn Pla During 2023, we contlnue to on four key wO(th$". Kingdom Focus Sunday Church èxprès$bJns (mainly in as r#th¢li(Th albw and online when necessary) Gower Naw Lifg Groups Bless Gower IniliatNe. which is essentiamy our ￿￿$SIOnS arKI ¢crfnff￿n1ty aclions ministry, knplemenled dur the covid as "Th8 Gower Wel￿881n9 Propcf. We will continue to supr*Jrt our cijmmunity via a range of relevant acts'vitl&s. Inanclal r•vl Pollcy on r•s•rv•8 The reseN6s Oicy is to keep a minlmum In gèneral funds k> cover 3 ffK)nth's operdtlrKJ costs. Statom•nt ol tru•tM•' r•sponslbIl￿ The Irusle8S 8r8 responsibl8 for pT8paring the annual reFrt)rt and Ihts financial statem8nts in accordance with applicable law and United lthngdom Gaf￿ra1￿ kneptéd Atttsjntiffj Practice. L8w applkable to charilies in England and Wales requires the trustees to prepare financial ststements for each financial year wh￿h give a true ond fair view of chanty's finandal aelivilies during the year and of Its finandal posttlon al thg end of Ihe year. In preparfng Ilnanclal $tatemenfs glvirvJ a true and fair vlew, the truslegs are required lo: - so1￿1 suilatle accounliw FK)IicAes and Ihon apply thom consislenty.. - make ludgemenls and esllmala8 that are leas(￿abl& and prudent.. and - prepare the financtal statements ￿ Ihe wng CO￿ basis unless it18 inappropriate lo presume that the charfty will ¢￿tinUe in operation. The trustees are responstle for keeFing accounting reccffds vthid) dl$¢b$e with reasonable accuracy al any tim6 the fmancial position of the charity and 6nat48 them lo ensure that the finan￿al statements comply with the CharIt￿S Act 2011. Trustees are also resFonsit4e for safeguardirKJ the asse15 Of the charty and hence for taking reasonable steps lor the prevenkn and datec￿Th of fraud arKI other irregularities. The trustees (leclare that ttw have approved the trustees. reFMxI alxtrve. On behalf of Ihe tM)ard Trustee Print Name.. Page 7 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 ## **INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES** ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. I have been appointed as independent examiner under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 145 of that Act. My responsibility is to examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to our attention. ## **Basis of independent examiner’s statement** I have examined the financial statements for the year ended 24[th] May 2023 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). This report is made solely to the charity’s trustees, as a body, in accordance with section 154 of the Charities Act 2011. My independent examination work has been undertaken so that I might state to the charity's trustees those matters we are required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity's trustees as a body, for any audit work, for this report, or for the opinions I have formed. ## **Independent examiner’s statement** In connection with my examination, no matter has come to my attention (other than that disclosed below) - Which gives me reasonable cause to believe that in, any material respect, the requirements: - To keep accounting records in accordance with section 130 of the Charities Act; and - To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or - To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed:………………………………………Independent Examiner Date:…25[th] June 2024... Nicola Lewis (EasyBooks Wales Ltd) Page 8 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 ## **Statement of Financial Activities** For the period ended 24th May 2023 |**Statement of Financial Activities**|For the period|For the period|ended 24th Ma|ended 24th Ma|y 2023|23|3||| |---|---|---|---|---|---|---|---|---|---| |**INCOME**
**Donations, Legacies & Similar Incoming resourc**
Grants Received
Regular Donations received
Donations from Other Organisations
**Investment Income**
Bank Interest Received
**Other Incoming Resources**
Tax Rebate from Gift Aid
Other Income
**TOTAL INCOMING RESOURCES**
Note 3
**EXPENDITURE**
**Costs of generating Funds**
Fundraising Costs
**Charitable Expenditure**
Grants/Gifts in furtherance of objectives
Management, Administration & Ministry
Note 4
Loss on Sale of Asset
Depreciation Charge
Professional Fees
Accounting & Bookkeeping Fees
Note 6
**TOTAL RESOURCES EXPENDED**
NET INCOMING RESOURCES Before transfers
Transfers Between Funds
NET INCOMING RESOURCES After transfers
Gains/Losses on Fixed Assets
**NET MOVEMENT IN FUNDS**
Total Funds Brought Forward
Total Funds Carried Forward|**Unrestricted**
**Funds**
**es**
0
10,089
0
33
0
0||**Restricted**
**Funds**
0
0
0
0
0
0||**Total**
**Funds**
0
10,089
0
33
0
0|**Total**
**Funds**|**Total**||**last year**
0
8,458
0
1
0
0| |||**Funds**
0
10,089
0
33
0
0|||||||| |||10,122||0|10,122||||8,459| ||
|0
0
7,245
0
2,655
0
794||0
0
0
0
0
0
0|0
0
7,245
0
2,655
0
794||||0
0
7,197
0
2,517
0
756| |||10,693||0|10,693||||10,470| ||||||||||| |||(571)||0|(571)||||(2,011)| |||0
(571)
0||0
0
0|0
(571)
0||||0
(2,011)
0| |||**(571)**||**0**|**(571)**||||**(2,011)**| |||17,969
17,398||0
0|17,969
17,398||||19,980
17,969| Page 9 Gow•r N•w Llf• Church Charty Numb8r.' 1188131 Company Number CE020823 Balanc• Sheet Lknrn*rt¢ted Re*rl¢l•d Funds Fund* Totsl la Funds ￿al As at 24th May 2023 Flx•d Awts.Ta Ibl• Fixtures & Eqw'wnènl No*9 4.518 4,518 6.462 4.578 4.518 6.462 Cufr•nt A••ts Dabl¢YS & PrqMym•rts M•n &1¢ & No* 10 14.485 13.133 14.485 14.485 13.133 Curr•nt Ll•bllld•# 1.626 Low repayn￿ts ¢X• in 1 y 1.605 1.626 Assets 12. 12.wj 11.507 Total Assels less Lth"lrt*$ C(•*'t(Ms Fallry ¢kn 1 yeJW Total Ass•t$ 17. 17.398 17.969 17.398 17,398 17,969 Fund Balanc•• 81fM1 77.S 15711 17.398 17.9 {5711 17.398 19,9 12.0111 17.969 TOTAL FUNI Prirt Nwne .. On b•h•li th th• b￿rd ol Truth•* Page 10 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 ## **Notes to the financial statements** for the year ended 24 May 2023 ## **1. Basis of preparation** ## 1.1. Basis of accounting The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities: Statement of Recommended Practice' (SORP FRS102) and with the Charities Act. ## 1.2. Change in Basis of Accounting There has been no change to the accounting policies (valuation rules and methods of accounting) since last year. ## 1.3. Changes to previous Accounts No changes have been made to accounts for the previous years. ## **2. Accounting policies** The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year. ## 2.1 Incoming resources All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included. Tax Reclaims are included in the SoFA when they are received by the organisation. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable. Income from investments is included in the year in which it is receivable. Legacies are included when the charity is advised by the personal representative of an estate that payment will be made or property transferred and the amount involved can be quantified. ## 2.2 Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Resources expended are recognised in the year in which they are incurred. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management. ## 2.3 Tangible fixed assets and depreciation Expenditure is capitalised if the asset has a useful life of more than 1 year and its cost exceeds £100. Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, on a straight-line basis as follows: Office Equipment 25% Page 11 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 ## **3. Analysis of Incoming Resources** Donations income consists of regular giving by church members in tithes and offerings, plus “one off” gifts or donations. Where these gifts are given for a specific purpose they are held in a restricted fund. Incoming resources are as follows: |ncoming resources are as follows:||| |---|---|---| ||This Year|Last Year| |Donations Received|10,089|8,458| |Grants|0|0| |Bank Interest|33|1| ||**10,122**|**8,459**| There were no grants received in the year. ## **4. Analysis of Resources Expended** The financial value of volunteer time has not been included in the financial statements but forms a crucial part of the success of the organisation. Management and Administration Costs are broken down as follows: ||This Year|Last Year| |---|---|---| |Project Manager Costs|0|0| |Rent And Rates|1,353|1,083| |Bank Charges|81|37| |Memberships and Subscriptions|662|1,295| |Repairs and Maintenance|0|440| |Stationery,Postage & Advertising|286|226| |Small tools & Equipment|1,065|974| |Gifts and Donations|3,092|2,297| |Travel and Subsistence|0|150| |Books & Training|14|80| |Insurance|594|463| |Uniform|99|153| ||**7,245**|**7,197**| ## **5. Trustee Expenses** There were no out-of-pocket expenses reimbursed to trustees during the year. ## **6. Governance Costs** |**. Governance Costs**||| |---|---|---| ||This year|Last Year| |Fee for Examination of Accounts|794|756| ## **7. Staff Expenditure** There were no employees during this financial period. Page 12 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 ## **8. Grant making** Grants awarded – Grants are given in accordance with the objectives of the charity. All decisions on grant awards are considered and decided upon by the trustees. ## **9. Fixed Assets** No assets have been re-valued during the year. |Cost at 25.5.22
Additions
Disposals
Cost at 24.5.23
Accumulated Depreciation 25.5.22
Charge this year
Released on disposal
Accumulated Depreciation 24.5.23
**Net Book Value 24.5.23**|Fixtures &
Equipment|
Total| |---|---|---| ||10,264
710
0|10,264
710
0| ||10,974|10,974| ||3,801
2,655
0|3,801
2,655
0| ||6,456|6,456| ||**4,518**|**4,518**| ## **10. Debtors and prepayments** Breakdown is as follows: |Debtors
Prepayment|This Year
£
0
£
0
**£ 0**|
£
£
**£**|Last Year
0

0
**0**| |---|---|---|---| ## **11. Creditors and Accruals** Amounts falling due within 1 year are as follows: |in 1 year are as follows:||||| |---|---|---|---|---| |Trade Creditors
Accruals|
£
£
**£**|This Year||Last Year
150
1,476
**1,626**| |||
55
1,550
**1,605**|£
£
**£**|| ## **12. Transactions with related Parties** 12.1 Remuneration and benefits Page 13 **Gower New Life Church** Charity Number: 1188131 Company Number CE020823 No amounts were paid to trustees as salary in the year. ## 12.2 Loans No loans were made to the trustees or related parties during the year. No loans were made from the trustees during the year. ## **13. Restricted Funds Summary** There are no restricted transactions during the year. ## **14. Additional Disclosures** There are no further disclosures for this year. Page 14