## Trustees Report and Financial Statement
For period 01 January to 31 December 2023
## **New Life Christian Fellowship (Bedford) CIO**
**Charity Registration No: 1192376**
**(Not operating during this period)**
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**New Life Christian Fellowship (Bedford) CIO 1192376**
## Trustees Report and Financial Statement
For period 01 January to 31 December 2023
## **Contents**
Charity Information
Trustees Report
Balance Sheet
Notes to the Financial Statements
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**New Life Christian Fellowship (Bedford) CIO 1192376**
## **Charity Information**
**Trustees are** Isaac Masih (Chairman)
Sanjiv Melvin Parvin Masih
**Charity Number is: 1192376**
**Registered Office:** New Life Christian Fellowship (Bedford)
16 Bedford Road Kempston Bedford MK42 8AD
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## **New Life Christian Fellowship (Bedford) CIO 1192376**
## **Trustees Report**
The Trustees present their annual report and accounts for the period ended 31[st] December 2023.
During this period, the charity was not operating.
## **Structure, governance and management**
The Charity is constituted as a Charitable Incorporated Organisation (CIO) Foundation, as a body corporate under Part 11 of the Charities Act 2011. The CIO registered with the Charity Commission.
Trustees are legally responsible for the governance and management of the charity. Trustees are responsible of setting strategies and policies for ensuring these are implemented.
## **Risk management**
The charity's trustees have considered the major risks to which the charity is exposed and have reviewed potential risks. Systems and procedures have been put in place to manage the risks and to mitigate any adverse outcomes.
## **Objectives and activities**
The governing document defines the charity's objects as being :
The advancement of the Christian religion in the UK and Worldwide. The advancement for the public benefit of religious and other education. The relief of the aged, poor, sick and disabled. Any other charitable purpose that the Trustees see fit.
## **Activities and Achievements**
The CIO was not operating during this period.
## **Financial review**
No transaction took place during this period.
## **Future plans**
New Life Christian Fellowship (Bedford) CIO (Charity no 1192376) is expected to start operations, once the assets have been transferred from our operating charity trust.
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**New Life Christian Fellowship (Bedford) CIO 1192376**
## **Trustees' responsibilities statement**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that 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, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They 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.
Approved by the trustees and signed on their behalf:
Isaac Masih (Trustee) Chairman
........................................................
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**New Life Christian Fellowship (Bedford) CIO 1192376**
## Balance Sheet as at 31 December 2023 – Non operational Accounts
|**Fixed Assets**
**Notes**
**£**
Tangible Assets
Total Fixed Assets
**Current Assets**
Cash at bank and in hand
**Liabilities**
**Creditors: amounts falling due**
**within one year**
**Net Current Assets**
**Net Assets**
**Financed by:**
Unrestricted General Fund
Restricted Funds
**Total Funds**|**31-Dec-23**
**£**
0
0
0
0
0
0
0
0
0|**31-Dec-22**
**£**
0|
|---|---|---|
|||0|
|||0
0
0|
|||0|
|||0
0
0|
Approved by the Trustees and signed on their behalf
......................................... Isaac Masih (Trustee) Chairman
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## **New Life Christian Fellowship (Bedford) CIO 1192376**
## **Notes forming part of the financial statements for the year ended 31 December 2023**
## **Accounting policies**
## **Basis of preparation**
The accounts have been prepared in accordance with the receipts and payments basis in accordance with the Charity Commission guidance.
## **Charity status**
The Charity is constituted as a Charitable Incorporated Organisation (CIO) Foundation, as a body corporate under Part 11of the Charities Act 2011 on the 17 Nov 2020.The CIO registered with the Charity Commission on the same day.
## **Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund
is set out in the notes to the financial statements.
## **Receipts**
All incoming resources are included in the Receipt g payment Accounts when the charity actually obtains legally entitled income.
## **Payments**
All expenditure is accounted for on payments basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
## 2. Member liabilities
The members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
## 3. Debt outstanding
There is no particulars of any debt outstanding at the date the statement of assets and liabilities.
## 4, Related Parties
## Controlling entity
The charity is controlled by the trustees. During the year the Trustees received no emoluments or incurred any expenses using Trust funds.
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