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2025-05-24-accounts

Gower New Life Church

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 24th May 2025

1

Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Contents

Page Page
Legal and administrative information 3
Trustees report 4-8
Statement of financial activities 8-11
Balance sheet 12-15
Notes to the financial statements 15-22

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Legal and administrative information

Company Number: CE020823

Address:

Barham Centre

Mount Pisgah

Parkmill, Gower

Swansea

SA3 2EQ

Trustees:

Fleman Patrice Aka

Linda Anne Knox

John Kenneth Tancock

Bankers:

HSBC UK Bank PLC 4A Vaughan Street

Llanelli

SA15 3TY

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Trustees Report

for the year ended 24 May 2025

The Trustees present their report and the financial statements for the year ended 24 May 2025. The trustees who served during the year and up to the date of this report are set out above. The organisation received charitable status approval as a CIO on 24th 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;

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Achievements and performance

Sunday Services and Teaching Ministry

Our Sunday services help us to fulfill 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 pieces of 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 belong and feel at home is one of our core values.

Our Sunday messages focus heavily on the more excellent way, the Holy Spirit, and the Kingdom. Over the past year, key teaching series included "Seeking the Kingdom & Taking the Land," "Hearing God's Voice," "Building the Core Team" (using the Gideon model), overcoming internal obstacles, and "Spiritual Birthing." We also put a greater emphasis on fellowshipping and spending more time together after the service to encourage each other, strengthen our faith in God, and build our relationships with one another.

Key Events and Community Activities (May 2024 – June 2025)

Throughout the year, we engaged heavily in community outreach, spiritual growth, and regional fellowship:

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

same venue.

Youth Ministry

As a family church, investing in youth is very important to us. We continue to include them at the beginning of the Sunday service 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! Our young people are highly active: they helped manage gates at the Penarth Carnival, performed sketches for our family Easter celebration at the Gower Inn, and volunteer in children’s church. Notably, Joshua participated in the Shine film series and has shared more during Sunday services. Some of our youth have even started to preach successfully during services, and this will continue to grow. Where possible, we organize occasional outings for fun activities in their own age group.

Children Ministry

Our children’s ministry 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.

Prayer Ministry

The prayer team meets weekly, bringing church and community needs, issues, and requests to God. We believe that everything we do needs to be underpinned by prayer. We focus on committing concerns to God, listening for His leading so we can act in His power, and thanking Him for answered prayers and direction. 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 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.

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Financial review

During the financial year ending 24 May 2025, the charity recorded total incoming resources of £5,122.25, primarily generated through regular donations, tithes, and offerings.

Total operating expenses for the year amounted to £5,825.49. When combined with the noncash depreciation charge of £2,566.00, total resources expended were £8,391.49. This resulted in a net deficit of -£3,269.24 for the year. However, due to careful financial management in previous years, the total funds carried forward remain healthy at £12,234.84, providing a secure foundation for the charity's ongoing operations.

Policy on reserves

The reserves policy is to keep a minimum in general funds to cover 3 month's operating costs.

Plans for Future Periods

Statement of trustees' responsibilities

The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees declare that they have approved the trustees' report above.

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Govmr Néw Uf• Church Charity NurTI)er. 1188131 Cc(npany Number: CE020823 On b•hall of the Prfnt Nam•: Statement of Flnanclal Actlvities For the perlcd ended 24th May 2025 INCOME Unrestricted Funds (£) Restrfcted Funds (E) Totsl Funds 2025 (£) Last Year 2024 IE> Donatlon L•gachs & Slmll&r Incomlng Rerwl Donations IDD. Cash. One-offs) 5.12225 5.12125 10.248.91 23121

Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Refunds

Refunds
Investment
Income
Bank Interest
Received
0
0
0
37.05
TOTAL
INCOMING
RESOURCES
5,122.25
0
5,122.25
10,518.17
EXPENDITURE
Charitable
Expenditure
Management,
Administration &
Ministry (Note 4)
4,693.49
0
4,693.49
8,743.99

9

Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Equipment
Purchases
(Expensed in
2024)
0
0
0
2,106.86
Depreciation
Charge
2,566.00
0
2,566.00
0
Professional
Fees
364.00
0
364.00
0
Accounting &
Bookkeeping
Fees (Note 6)
768.00
0
768.00
756.00
TOTAL
RESOURCES
EXPENDED
8,391.49
0
8,391.49
11,606.85
NET INCOMING
RESOURCES
Before
transfers
-3,269.24
0
-3,269.24
-1,088.68

10

Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Transfers
Between Funds
0
0
0
0
NET INCOMING
RESOURCES
After transfers
-3,269.24
0
-3,269.24
-1,088.68
Gains/Losses on
Fixed Assets
0
0
0
0
NET
MOVEMENT IN
FUNDS
-3,269.24
0
-3,269.24
-1,088.68
Total Funds
Brought Forward
15,504.08
0
15,504.08
16,592.76
Total Funds
Carried
Forward
12,234.84
0
12,234.84
15,504.08

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Balance Sheet

As at 24th May 2025

Note
Unrestricted
Funds (£)
Restricted
Funds (£)
Total Funds
2025 (£)
Last Year
2024 (£)
Fixed Assets
-Tangible
9
Church
Equipment /
Fixtures
1,327.00
0
1,327.00
2,106.86
1,327.00
0
1,327.00
2,106.86
Current
Assets
Debtors &
Prepayments
10
0
0
0
0

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Bank Current
a/c
7,162.48
0
7,162.48
8,351.86
Savings
Account
5,045.36
0
5,045.36
5,045.36
12,207.84
0
12,207.84
13,397.22
Current
Liabilities
Creditors &
Accruals
11
1,300.00
0
1,300.00
0
Loan
repayments
due in 1 year
0
0
0
0
1,300.00
0
1,300.00
0

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Net Current
Assets
10,907.84
0
10,907.84
13,397.22
Total Assets
less Current
Liabilities
12,234.84
0
12,234.84
15,504.08
Creditors
Falling due
after 1 year
0
0
0
0
Total Net
Assets
12,234.84
0
12,234.84
15,504.08
Fund
Balances
Funds Bfwd/
15,504.08
0
15,504.08
16,592.76

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Gow•r N•w Uf• Church Charlty Nuffthr. 1188131 Comp8ny Nurr4Jr. CE020823 Net movement of fuThYs -3.269.24 -3.269.24 -1.088.68 TOTAL FUNDS 12,234.84 12.234.84 15.504.08 $1gn•d: Prfnt Narn•: F LÈ IcaAkA 16 Dats: Notes to the financlal statements for year ended 24 May 2025 1. Basls of preparatlon 1.1. Basls of acccuntlng The finwKi* statements are prepared under the historical c¢)st c(Ybvention and in accordwte with the Statement of Recommended Practice'Accounting Reporting by Charrties: SLitement of Recommended Practice. ISORP FRS1021 and with the Charities ACL 1.2. Change in Basls of Accountlng There has been no change to the accounting poI￿leS Ivaluatic(b rules and methcrfjs of accounting> sirte last year. 1.3. Charyes to previous Accounts No changes have been made to accounts for the previous yews. 15

Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

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:

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.

3. Analysis of Incoming Resources

Incoming resources are as follows:

This Year (£) Last Year (£)
Direct Debit (DD) Offerings 4,025.00 7,890.41

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Cash Offerings 547.25 1,108.50
Other Donations (one-offs) 550.00 1,250.00
Other Income & Refunds 0 232.21
Bank Interest 0 37.05
Total 5,122.25 10,518.17

4. Analysis of Resources Expended

Management and Administration Costs are broken down as follows:

This Year (£) Last Year (£)
Venue Hire / Rent Expense 1,287.50 1,923.30
Bank Charges 81.03 73.24

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Licences & Insurance 684.32 870.12
Software & Zoom
Membership
171.49 225.72
Printing, Supplies & Sundries 1,816.89 581.30
Community Activities &
Outreach
0 1,707.95
Gifts 0 3,703.91
Repairs and Maintenance 53.60 0
Advertising & Marketing 194.02 0
Other Expenses (DBS) 404.64 6.00
Total 4,693.49 9,085.54

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

5. Trustee Expenses

There were no out-of-pocket expenses reimbursed to trustees during the year.

6. Governance Costs

This Year (£) Last Year (£)
Fee for Examination of
Accounts
768.00 756.00

7. Staff Expenditure

There were no employees during this financial period.

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

Fixtures & Equipment (£) Total (£)
Cost at 25.5.24 10,264 10,264
Additions 0 0

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

Disposals 0 0
Cost at 24.5.25 10,264 10,264
Accumulated Depreciation
25.5.24
6,371 6,371
Charge this year 2,566 2,566
Released on disposal 0 0
Accumulated Depreciation
24.5.25
8,937 8,937
Net Book Value 24.5.25 1,327 1,327

10. Debtors and prepayments

Breakdown is as follows:

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

This Year (£) Last Year (£)
Debtors 0 0
Prepayment 0 0
Total 0 0

11. Creditors and Accruals

Amounts falling due within 1 year are as follows:

This Year (£) Last Year (£)
Trade Creditors 0 0
Accruals 1,300.00 0
Total 1,300.00 0

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Gower New Life Church

Charity Number: 1188131

Company Number: CE020823

12. Transactions with related Parties

12.1 Remuneration and benefits

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.

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