CHARITY COMMISSION FOR ENGLAND ANO WALES Trustees, Annual Report for the period From 17 March 2022 To 31 May 2023 Charity name: New Life Community Church Mllnrow Charity registration number: 1198289 Objectives and Activities SORP refertrn¢• Para 1.17 Summary of the purposes of the charity as set out in its governing document The purposes of the church are the advancement of the Chrlstlan faith In accordance with the 8a318 of Faith prlmarlly but not exclusively wlthin Mllnrow. Rochdale, and the surrounding nei hbourhood. Other such charitable purposes as shall, In the opinion of the charity trustees, put into practice the Christian faith In accordance with the Basis of Faith, Including but not Ilmited to: the prevention and relief of need, hardship and sickness; the advancement of education; and the provision of facilitses in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infimiity or disability, financial hardship or social circumstances with tho object of improving their conditions of life. The trustees have read this guidan¢o. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17and Statement confirming whether the trustees have had regard lo the guidance issued by the Charity Commission on publi¢ benefit Para 1.18 Achievements and Performance SORP itrferen Summary of the main achievements of the charity, identifyin9 the difference the charity's work has made to the circumStanS of its beneficiaries and any wider benefits to society as a whole. Thls charity Nèw Life Community Church Milnrow {Registration Number 1198289) was established to replace its predècessor established in 1994 known as New Life Trust Mllnrow (Registration Number 10421921, following advice that it would be advisable to move to an incorporated structure. Para 1.20
Financial Review Review of the charity's financial Posltion at the end of the period ParA 1.21 Th8 mergèr and transfor of all a8set8 and liablllties took place on 31 May 2023. The new CIO began oporatlng on 1 June 2023. Our misslon and lollowshlp Inftlatlve• conslder future costs and as Such w• recognise the need to hold In reserve resources which help meet our ongoing needs. Followlng the merger of the 2 charltles: Current alc £23,392.00 Building alc £12,874.34 Famil Central alc £17 756.75 Statement explaining the policy for holding reserves stating why they are held Para 1.22 Amount of reserves held Para 1.22 Structure, Governance and Management Description of charity's trusts.. Type of governing document How is the charity constituted? Para 1.25 CIO Association Constitution Para 1.25 cio Reference and Administrative details Charil name Other name the chari uses Re istered charit number Charity's principal address New Llfe Communi NLCCM 1198289 3 Edmund Street Milnrow Rochdale OL16 4HR Church Milnrow Names of the charity trustees who manage the charity Trustt• name Office lif any) Dates acted if not for whole ear Nam• of pÈrBon lor body) ontitled ta int trustee if an Derek Hargreaves Margaret Lloyd Susan Mitzi Chairman Secretary Treasurer lan Lowe Darren Mitzi Paul Bedford David Corke Howard Wilkinson
Declarations The trustees declare that they have approv8d tho Irusteo•' report abov•. Slgned on behalf of the charlty's tru8tees Signature Full name Position Date 07-((- 2015
| NEW LIFE COMMUNITY CHURCH MILNROW | NEW LIFE COMMUNITY CHURCH MILNROW | NEW LIFE COMMUNITY CHURCH MILNROW | NEW LIFE COMMUNITY CHURCH MILNROW | NEW LIFE COMMUNITY CHURCH MILNROW | NEW LIFE COMMUNITY CHURCH MILNROW | NEW LIFE COMMUNITY CHURCH MILNROW | NEW LIFE COMMUNITY CHURCH MILNROW | NEW LIFE COMMUNITY CHURCH MILNROW |
|---|---|---|---|---|---|---|---|---|
| Registered Charity Number : 1198289(Previously 1042192) | ||||||||
| Accounts for 14 Months Ending 31st May 2023 | ||||||||
| Income & Expenditure | 2023(14 months) | 2022 | ||||||
| Note | Unrestricted Funds |
Restricted Funds |
Total Funds |
Total Funds |
||||
| £ | £ |
£ |
£ | |||||
| Income | ||||||||
| Offerings | 1 | 56,087.58 | 1,340.00 | 57,427.58 | 46,257.83 | |||
| Gift Aid | 2 | - | - | - | 10,047.65 | |||
| Building | 3 | 10,985.00 | 10,985.00 | 10,200.00 | ||||
| FamilyCentral | 4 | - | 11,210.00 | 11,210.00 | 8,800.00 | |||
| Kidz Klub & EPIC | 5 | - | 1,787.96 | 1,787.96 | 1,246.47 | |||
| Other | 6 | 2,108.66 | 2,108.66 | 2,126.40 | ||||
| Bank Interest | - | - | 11.69 | |||||
| Total Income | 58,196.24 | 25,322.96 | 83,519.20 | 78,690.04 | ||||
| Expenditure | ||||||||
| Wages & NI | 19,036.00 | - | 19,036.00 | 12,643.75 | ||||
| Travel Expenses | - | - | - | - | ||||
| Depreciation | 7 | 14,149.95 | - | 14,149.95 | 12,078.93 | |||
| Rent | - | - | - | 25.50 | ||||
| Utilities | 21,483.80 | - | 21,483.80 | 7,570.79 | ||||
| Mortgage Interest | 784.77 | - | 784.77 | 1,142.62 | ||||
| Insurance | 2,007.44 | - | 2,007.44 | 1,820.90 | ||||
| Repairs & Maintenance | 4,494.00 | - | 4,494.00 | 4,449.57 | ||||
| Sound,Vision & Media | 697.56 | - | 697.56 | 50.98 | ||||
| Telephone & IT | 1,040.76 | - | 1,040.76 | 876.40 | ||||
| Administration | 1,406.11 | - | 1,406.11 | 426.56 | ||||
| Subscriptions & Licences | 2,212.87 | - | 2,212.87 | 1,235.66 | ||||
| Ministry,Missions & Gifts | 8 | 4,834.59 | - | 4,834.59 | 3,449.00 | |||
| Events | 2,639.58 | - | 2,639.58 | 89.11 | ||||
| Kidz Klub & EPIC | - | 1,824.83 | 1,824.83 | 566.09 | ||||
| FamilyCentral | - | 13,739.17 | 13,739.17 | 15,929.73 | ||||
| Youth & Childrens Work | 331.75 | - | 331.75 | 450.02 | ||||
| Training& Conferences | 1,827.99 | - | 1,827.99 | 510.00 | ||||
| Legal & Professional Fees | 5,017.43 | - | 5,017.43 | 2,062.08 | ||||
| General Premises Expenses | 2,729.11 | - | 2,729.11 | 1,699.73 | ||||
| Catering | 875.21 | - | 875.21 | 1,196.72 | ||||
| Literature | 19.98 | - | 19.98 | 52.13 | ||||
| Total Expenses | 85,588.90 | 15,564.00 | 101,152.90 | 68,326.27 | ||||
| Suplus/(Deficit) In Year | (27,392.66) | 9,758.96 | (17,633.70) | 10,363.77 | ||||
| Assets & Liabilities | ||||||||
| Fixed Assets | ||||||||
| Tangible Assets | 7 | 264,282.21 | 275,732.16 | |||||
| Current Assets/Liabilities | ||||||||
| Current Account | 23,392.00 | 64,834.01 | ||||||
| BuildingFund Account | 12,874.34 | 1,889.34 | ||||||
| FamilyCentral | 6,534.08 | 9,063.25 | ||||||
| PettyCash | 93.47 | 8.12 | ||||||
| Kidz Klub & EPIC Current Account | 11,129.20 | 11,166.07 | ||||||
| Kidz Klub & EPIC PettyCash | ||||||||
| SundryDebtors | ||||||||
| SundryCreditors | ||||||||
| Total Net Current Assets/ (Liabilities) | 54,023.09 | 86,960.79 | ||||||
| Long Term Liabilities | ||||||||
| StewardshipMortgage | - | (26,753.95) | ||||||
| Total LongTerm Liabilities | - | (26,753.95) | ||||||
| Total Net Assets | 318,305.30 | 335,939.00 | ||||||
| Represented by:- | ||||||||
| OpeningReserves | 335,939.00 | 325,575.23 | ||||||
| Surplus/ (Deficit)In Year | (17,633.70) | 10,363.77 | ||||||
| Closing Reserves | 318,305.30 | 335,939.00 |
| New Life Community Church Milnrow | New Life Community Church Milnrow | New Life Community Church Milnrow | |||||
|---|---|---|---|---|---|---|---|
| Notes to the Accounts for 14 Months Ending 31st May 2023 | |||||||
| Non | ** Funds |
||||||
| Gift Aided | Gift Aided |
Transfer |
Total |
||||
| 1. Offerings | £ | £ | £ | £ | |||
| Unrestricted Funds | - General Offertory | 46,319.54 | 10,468.04 | (700.00) | 56,087.58 | ||
| Restricted Funds | - Action Together Grant | 1,340.00 | 1,340.00 | ||||
| 46,319.54 | 11,808.04 | (700.00) | 57,427.58 | ||||
| ** £600 was transferred to the Kidz Klub & EPIC account in theyear and was redefined as restricted funds. See note 5. | |||||||
| 2. Gift Aid | |||||||
| Income tax recovered via the Gift Aid Scheme is recorded in the accounts when received from HMRC. | |||||||
| Non | ** Funds |
||||||
| Gift Aided | Gift Aided |
Transfer |
Total |
||||
| 3. Building Fund | £ | £ | £ | £ | |||
| Restricted Funds | - General Income | 6,485.00 | 4,500.00 | 10,985.00 | |||
| 6,485.00 | 4,500.00 | - | 10,985.00 | ||||
| * Grants are onlyincluded in the accounts when the charityhas unconditional entitlement to the resources. | |||||||
| New Life Community Church Milnrow | New Life Community Church Milnrow | New Life Community Church Milnrow | |||||
|---|---|---|---|---|---|---|---|
| Notes to the Accounts for 14 Months Ending 31st May 2023 | |||||||
| 1. Offerings | Gift Aided £ |
Non Gift Aided £ |
* Funds* Transfer £** |
Total £ |
|||
| Unrestricted Funds | - General Offertory | 46,319.54 | 10,468.04 | (700.00) | 56,087.58 | ||
| Restricted Funds | - Action Together Grant | 1,340.00 | 1,340.00 | ||||
| 46,319.54 | 11,808.04 | (700.00) | 57,427.58 | ||||
| ** £600 was transferred to the Kidz Klub & EPIC account in theyear and was redefined as restricted funds. See note 5. | |||||||
| 2. Gift Aid | |||||||
| Income tax recovered via the Gift Aid Scheme is recorded in the accounts when received from HMRC. | |||||||
| 3. Building Fund | Gift Aided £ |
Non Gift Aided £ |
* Funds* Transfer £** |
Total £ |
|||
| Restricted Funds | - General Income | 6,485.00 | 4,500.00 | 10,985.00 | |||
| 6,485.00 | 4,500.00 | - | 10,985.00 | ||||
| * Grants are onlyincluded in the accounts when the charityhas unconditional entitlement to the resources. | |||||||
| 4. Family Central | Gift Aided £ |
Non Gift Aided £ |
* Funds* Transfer £** |
Total £ |
|||
| Restricted Funds | - General Income | 5,430.00 | 5,430.00 | ||||
| Restricted Funds | - Action Together Grant | 720.00 | 720.00 | ||||
| Restricted Funds | - Rochdale MBC | 5,060.00 | 5,060.00 | ||||
| 5,430.00 | 5,780.00 | - | 11,210.00 | ||||
| * Grants are onlyincluded in the accounts when the charityhas unconditional entitlement to the resources. | |||||||
| 5. Kidz Klub & EPIC | Gift Aided £ |
Non Gift Aided £ |
* Funds* Transfer £** |
Total £ |
|||
| Restricted Funds | - General Income | 350.00 | 837.96 | 700.00 | 1,887.96 | ||
| Restricted Funds | - Action Together Grant | 600.00 | 600.00 | ||||
| 350.00 | 1,437.96 | 700.00 | 2,487.96 | ||||
| * Grants are onlyincluded in the accounts when the charityhas unconditional entitlement to the resources. | |||||||
| ** £600 was transferred from the main account in theyear. See note 1. | |||||||
| 6. Other Income | Gift Aided £ |
Non Gift Aided £ |
* Funds* Transfer £** |
Total £ |
|||
| Unrestricted Funds | - Solar Panel Income | 2,108.66 | 2,108.66 | ||||
| - | 2,108.66 | - | 2,108.66 | ||||
| 7. Fixed Assets: tangible assets | |||||||
| Assets are capitalised if theycan be used for more than oneyear and cost at least £500. Theyare valued at cost or | |||||||
| reasonable value on receipt. Fixed assets are stated at cost less accumulated depreciation. Thepropertyis valued | |||||||
| at historic cost and is not depreciated as it is considered to have a useful life ofgreater than 50years. Property | |||||||
| valuations will be carried outperiodicallyto ensure the market value of thepropertydoes not fall below the NBV. | |||||||
| Depreciation is charged on a straight line basis at the followingrates: | |||||||
| Freehold Property2%,Additions & Improvements to Freehold Property5%,Fixtures & Fittings 25%. | |||||||
| New Life Community Church Milnrow | New Life Community Church Milnrow | New Life Community Church Milnrow | |||||
|---|---|---|---|---|---|---|---|
| Notes to the Accounts for 14 Months Ending 31st May 2023 | |||||||
| 7. Fixed Assets: tangible assets | Freehold Property £ |
Building Improvements £ |
Fixtures & Fittings £ |
Total £ |
|||
| Cost | |||||||
| As at 1 April 2022 | 159,117.05 | 179,733.81 | 17,225.94 | 356,076.80 | |||
| Additions | 2,700.00 | 2,700.00 | |||||
| Disposals | - | ||||||
| At 31 May2023 | 159,117.05 | 182,433.81 | 17,225.94 | 358,776.80 | |||
| Depreciation | |||||||
| As at 1 April 2022 | 26,719.81 | 37,106.15 | 16,518.68 | 80,344.64 | |||
| Charge for theyear | 3,156.86 | 10,636.41 | 356.68 | 14,149.95 | |||
| Disposals | - | ||||||
| At 31 May2023 | 29,876.67 | 47,742.56 | 16,875.36 | 94,494.59 | |||
| Net Book Value | |||||||
| At 31 May 2023 | 129,240.38 | 134,691.25 | 350.58 | 264,282.21 | |||
| At 31 March 2022 | 132,397.24 | 142,627.66 | 707.26 | 275,732.16 | |||
| 8. Ministry, Missions & Gifts | Total £ |
||||||
| UK | - NLCCM Gifts | 809.30 | |||||
| - Bridges | 950.00 | ||||||
| - Go & Tell Ministries | 600.00 | ||||||
| - Groundlevel Network | 350.00 | ||||||
| - The Message Trust | 175.00 | ||||||
| - PFJ | 80.00 | ||||||
| - MissionaryVentures GB | 350.00 | ||||||
| - General | 120.29 | ||||||
| Overseas | - Release International | 350.00 | |||||
| VisitingMinistries/Preachers | 1,050.00 | ||||||
| 4,834.59 | |||||||
Clare Smith ACCOUNTANCY LTD Dear TrUstS. Independent examinerfs report to the trustees of New Life Community ChurGh Milnrow 1198289 I reFrf)rt on the a[Xjnts of the CIO for the year ended 31 May 2023. Responsibilities and basls of report Ttte Cnaffty's tiusleeJ are responsiblè for the preparation of the wiunts. The charity s trustees consider that an aL1t is not fequired for this year under section 144121 of the Charthes Ad 2011 (Ihe Ad.) and that an independ¢nt ¢xaminats"on is nwJ• It is my responsibilty to: examine the ac£ounts under seclion 145 of the 2011 Act", follow the procedures laid down in the General Directions gi)Rn by the Charity Commission under sed'on 145{5){b) of the Act, and sLqte whether particular matters have Con to my attention Basis of Independent examinefs statement My examination was carried out in accordan with the General Diredions given by the Chartty Commission. An examinatson Indudes a remew of the accounting records kept by the charity and a comparison of the accounts presenled with Ihose records. It also indudes consideration of any unusual items or disdosures in the %ca)unls. ana Seeng expian*'ons from you a5 truslees conceming any such matters. The prctedures undertaken do not prowde all the evidence that would be required in an audrt arKI consequemiy no oFM'nion is giNen as to whether the ac£ounts pre3ent a Irue and fair view, and the rertjrt is limrted to those matters set out in the slatement bel(w. Independent examinevs statsment In connadion wrth my ex2mingtion. m mgtter has cnm@ to my attention" which gives me reasonable cause to believe that, in any material respe, the requiiefflenls. to keep accounting records in accordan with sethon 130 of the 2011 Act.. and to PTepaie untS wth axord ?Mth the accounting records BAMFORD ROAD. HAèt U VLIV 4Mv WWV4.LLaiesiiilin dccountant AAT Licensed Ao.c.ni Intant TELEPHONE. 01706 621 351 MOBILE 07773 696 745 EMAIL." clareoclaresmithaccountants co.uk ' lISed and reguiaipd by AAT under11cence nutntrer 6CKJ7 SORT CODE. 09-01-29 ACCOUNT NO 09831371 COMPANY REG No 674 34 VAT REG No 9411703 49 DIRECTOR CLare Sm1th FMAAT
Clare Smith ACCOUNTANCY LTD have not been nt', or 2. to which, in my opinion. atterrtion shcJuhJ be drawn to enabla a proper understanding of the accounts to be reached. Signed.. Clare Smith On behalf of Clare Smith A(xountancy Ltd 315t March 2024 WITHIN Rnr)Y MATTFQq f.ym Hnni FY Firiir)C.F Mll I BAMFORD ROAD. HEYWOOD OLIO 4AG www.claresmith.accountant AAT Licensed Accountant TELEPHONE.. 01706 61 3 ri 40llE.. 0777J 698 74r EMAIL". clare'&claresmithaccountants co.uk 7¢d and -c9ulalod by AQT 1¢8n¢• number 6007 SQRT C.()fJF no-ni-?Q AC.r.nllNT NQ noA31371 COMPANY fiEG No 674 1234 VAT REG No 9411703 49 DIRECTOR Clare Smith FMAAT