REGISTERED COMPANY NUDABER: CE030615 (England and Ilvalesl REGISTERED CHARITY NUMBER.. 1200926 Report of tho Trustpos and Flnanclal Statements forthe Year Ended 31 December 2024 for New Dimensions Community Fellship NèwFbOrt, {Cymru}. (Charitable Incorporat8d Organisationl DHB Axoufrtaits Limled Chartered AcLountants Sl*ulory Auditors 110 rtchuh Road Cardrff CF14 3LY
New Dimensions Communty Fellowship Newwrl (Cymrul. (Charitable Incorporated Oryanbatlon) Contents ofthe Financial Statmniy for the Year Ended 31 December 2024 Pa Report ol the Trustees Indepenthnt Examlnerfs Rewrt ststement of Financial Actbvilies anco Sh8et Notes.tothg Financlal Statoments 8 to 12 Detail Statement of Flnanrlal Actlviti8S
-"Thew Dlmen$ions Communty Fellowshlp Newpoit Icymntl. IChaTitable IncorpoTated Organisation Report of the Trustees forthe Year End 31 D8cembor 2024 The trustees present their POrt together with tha financial statements of the tharty for the year ended 31 December 2024. The trustees havè ajopted the provisions of AccountirwJ and Reporting ty Charities". Slalemenl of Recommended Practu applicablie tr) chatittes pteparing thr aOUr.(5 in aLY0rda[ with the Financial Reporting Standard apPIab in the UK and Republic of IreL2nd {FRS 1021 leffeLtNé 1 January 2019}. OBJECTIVES AND ACTIVITIES Objactlves and alms Tho charitable objects of the charity are to advan the Chostian Faith for the benefit of the public in accordance wf(h the Stslewnt of Faith in Nvwt arKI the surrounding areas. Slgnlficant activities In orderto aShve ts acttvihes the charity reli&s up)n tithes. th)nations and various fund raising acbvibes. An Dngoing fund was established in the prevDu5 pe[d to'purchase a Churth" it is planned to raise funding lo acquire a building as a pemwnenl hcffle for the churth. The chanty has a Social Media presenrE from which further information ran be Lthingj bul which th)es not fomi part ol these financial statements. Publlc beneflt In shaping th8 objvtNes of the charity and planning its actmtw the trustees have consthred the Charity CixnmissK)n guidan on pubIic bw)efrt. The charity gNeS careful SideratIon to ensuring its activities are acSsible lo all elKJible usets from all aspects of the cA)mmunty. Voluntsers In common with many charrties it wwkl dtfficult to oper* witho% the Supp of YUteerS and the chaTity has beneffted from approxrnaldy six volunteers have engaged with the charity during the period cVered by thèse accounts. ACHIEVEMENT AND PERFORMANCE Charitsble activities Having registered as a Charttable In(xwraled OrganiJalion with effect from 7 November 2022 tho CIO continues the W( of the churth led ty Eldpr JuYK)r Earfe and Minister Maureen Earte. Thè church is associated with the Bethel AposlolK UK organisation and rexhes our and ministers to community in Newport. The church offers a regular Sunday serVe and with ts own M1bUS SUPFKJrts acSS to th8 church from the community and beyond.11 also falItateS Bible study arKI Prayer ttIrs. FINANCIAL REVIEW Financial position The charity has applied all of rts incoming res(yJr +0 fvrther the objects of the charrty. Ivs financial Position is set out in these financial statements and the trustees are satk%fied with results and financial position of the eharity as al 31 December 2if24. Reserves policy The trustees have considered the requirernents for reserves of the charity whth has enccmpassed incom8 and expendrture Strea ayi d the need to match Variab InMe wth fixed wnmilments and the nalute of available rourCe. The tnjstèès are aware of Ile importarKe ané need to continualy monrtor reserves atld are s8tisfied that the charity 711 be able lo meet its Obliga5 as they fall due.The trustees consider the reserves as al 31 De¢ber 2024 to be suffiaenl for their puq)Dses. Golng concern The trustees having eWed their fLrtu)E requirements, fund raising plans and obligations are sattsfKgI Ihat the going concern concept as a bas for the preparabon of the financial stslements enti appropriate. Page 1
New Dimensions Communlty Fellowshlp NewporL ICymrn}. (Charitable Incorporated Organlsationl Reportofthe Tnjstees lorth& Year Ended 31 Decernbpr 2024 STRUCTURE, GOVERNANCE AND MANAGEME Governing document The legal fom of the chatity is that of charitab Inccwated Oryanisa)n {CIOI which is subj&t to a governing doGumenl, its constitution which t effect origirydty from the die of registration of the CIO on 7 November 2C122 but arnded on 9 Febnary 2024. Oryanlzational slructu The charrty Iru5tees manage the affaws rf the CIO li allorda wfth thelr tNJwers as set out in the constitution document There musl al all times be at least thfft charity Iruslees. Every first charity truste&8 is appointed for a term of throe yeaTS after meethng ¢riteria set out in the (Thstitulion. The t¥ustees meet regulady to disujss all ofthe thrs ofthe CIO. Inductlon and training of new tntstees The appoin".ed Iruslees actively èncouraJe and s*k to identfy indDJ¥Juals for appointment as charity Iruslee havi regard lo the skilL8, krKwledge and experience On appointment each truste8 is prOV0d with a ccyy of the constitution and fina81 lnfCtn and appropibate training is provid lo enable any new Iruslee top understand the role required of th and to alkmf them lo fulfill thr duties. Risk management The trustees have a duty to identify arKJ wew the risks to which the charity is eywsed and to ensure appropriate controls a in place to providè reasonable a&sUran against fra and error. The trustees are Satisfied Ihgy have met Ihese requIrennts and that aAvate Cr018 are in place. REFERENCE AND ADMINISTRATV41E DETAILS Registered Company number CE030615 (England and Wal&81 Registered Charfty number 120092 Registéred office Wotkbench 15 Neptune Court Vanguard Way Cardrff CF24 5PJ Twstaes L T Campkll K Lucock J C Earle MSEaAe J P Mkamwandi Smsmart Company Secretary Independent Examingr S P HorrKJan FCA DHB Accounlanls Limrted Chartered Awountants Stsliilory Audrftors 110 Whilchurch Roaj Cardi CF14 3LY Page 2
Dimensions Communty Fe114)wship N8wporL Icymrul. (Charitabte Incorporated Organisationl Report of the Trustees fw the Year Ended 31 December 2024 STATEMENT OF TRUSTEES. RESPONSIBIUTIES The trustees are resp(sible for preparing the RepLXt of the Trust and Ihe finanGial statements in accordance with applicable law and United Ifjngdc AcCntir Standards IUK Generally Accepted Accounting Practice). The law applicable lo chanlies In Er¥Jland and Wakn. the Charibes Act 2011 and the constrf(ution requires tho Iruslees to prepare finanaal stalemènf s for each financBI year whth give a true an and fair vw of the slate of affairs of the charity and of Ihe incoming resources and applilOn of resources, including incom8 and expendituro, of the charity for that period. In preparing ttr¥)se finarKrdl statement, the tw$t are tequiBJ to.. - sde¢t suitsble accwnting P)IleS and then apply th&n consistentty.. - observe the melhcmls and principles in the Charty SORP" - make judgements and estimates that are sonable and pruden( - Ptepare the finan¢i31 statements on the going nCern baws unkss it is inappwriate lo pres that the charity will CclinUe. The trustees are responsible for keeping proper acwunting records which disclose reasonable accuracy at any lime the financ[ w)sition of the charity and to enable them to ensure that the financial slalerYEnYs comply with ltte Cb,arrties Ad 2011 and the rA)nSts.tutn. They are also responsible for safeguarding the assets of tne charity and here for tIng reasonable step5 for the pwention and dete¢th)n of fraud and other Irregularit$. .lty for comptyiThJ with Ihe requ'irements of tre Charities Act 2011 The Iru81ees acknowledge their responsib: respect to accounting records and preparation ol aonts. The members of the CIO have nol required the CIO lo obtain an audit ofthe financial staiements. . ar $Jned on its behalf by.. M S Eark- Trustee Page 3
Indappndent Examinerfs Report to the Trte&S of New Dimenslons Communty Fellowship NewporL ICymru}. ICharftabl8 Incorporated Oryanisatton) I report lo tho charty truths my examination of the accoun15 of the Nthv Dimens)n$ Crjnmunty Fellowship, Newport. ICYMN). (chartsb Irwrated Organisation) Charrty number 1200926 for the pericé 7 NOVemr 2022 to 31 December 2cr24. Re8pon$lbillties and basls of report As the charity trustees you are responsible for the EKeparati( d acix)unts in accordance wih tha requirem&nls ofthe Chatilles act 2011 Dhe Acr). I report in respect of my exanynation of the Unts of the charity carrr8J out uNler SectK)n 145 of the Act and in carrying out rny examination i have fOlkyed all diredK)n5 gNen by the Charity Commission under Section 145(5llbl of the Ad. Independent ExamlneTS Statement I have ¢ompleled my examination. I wfim) that no material rnatt5 IBve come to my attention in cOnntiOn wf(h the exnir.ation gmng m8 cause lo that in any material respect 1. accounting records wer& not kept in respe¢t of thecthwity as r4uired by Se(thn 130 of theAct,'or 2. the 8c£ounls do not accord Vth those rec05..0r 3. the accounts do not (xXnP with the applicable requirements concerning the fonn and content of accounts set out in the Charilw IAccoJnts and Rep(Ktsl RsJulalwJns other than any requirement that accounts give a IDJ& and fair view which is not a matter nskered as part of an ind6FEndent exarThnation 4. the accounts have not Len prepared in a(X0rdan with the nlhcKls and princip5 DI the Statement of Recommended Practice for OuntE nad re]rtIj by charitie5 {apIlb lo charities preparing their counts in accordance with the Financial Reporb'ng Staard applicable in the UK and Republic of Irelsnd IFRS 102) I have no concems and have ccffie rosS no clher matters in nne¢lion with the examination to which attention should be drawn in this report in ordw lo enabE a pro ur,derslancng of the accounts to be reached. S P Horrigan FCA DHB Accountants knmiled Chartered Accounlar.Is Statutory Auditors 110 Whitchurch Road Cardrff CF14 3LY Page 4
New Dlmenslons Community Fellowshlp Newpor( Icymrul. (charitsb Incorporaled Organisation> statement of Financial ActNities for the Year Ended 31 Decernber 2024 Period 7111r22 Year ended 31112124 Total fuThYs 31112123 Total funds UnrestrKaed Restric fund funds N8$ INCOME AND ENDOWMENTS FROM Donations and legacies 15.801 21.147 44,414 Investrnent income 929 929 Total 16.730 22.076 44,414 EXPENDITURE ON Charitable a¢tlvltles Hire (rf Church Facilities Supplias for service5 & meetings Donalions Ministers rcths & vestments Costs of fund raising events 3.D33 1,769 1,105 2.124 2,241 643 2,124 2,241 Other 10.573 2,221 12,794 9,754 Total 17,575 2.705 20.280 15,661 NET INCOMEI{EXPENDITUREI 18451 2.641 1.796 28,753 RECONCIUATION OF FUNDS Total fvnds brought forwar(t 20,132 8.621 28,753 TOTAL FUNDS CARRIED FORWARD 19,287 11,262 30,549 28,753 CONIINUING OPERATIONS l income and expa)diture has frryn conftnuing actsvitte5. The rK)tes form p8rt of Ihese financial slalements Page 5
New Dne5nS Communlty FellOhIp Newport {Cymrul. (Charilable Incorporated Oryankationl Balance Sheet 31 December 20 2024 Total funds 2023 Total funds UN7Cted Restric1 fu funds FIXED A$Ss Tangib assets 3,115 CURRENT ASSETS Cash al bank 20.187 11,262 31,449 26,538 CREDITORS Amounts falling due wlhin one year 19CM)) I9> 19001 NEf CURREKf ASSErs 19.287 11,262 30,549 25,638 TOTAL ASSEfs LESS CURRENT UALITIEs 19.287 11,262 30,549 28.753 NET ASSETS 19.287 3Q,549 28.753 FUNDS Unr8Stricted funds Restrided funds.. mini1$ Fund "Purchase a Church. 10 19,287 20.132 2,221 6,400 11.262 11,262 8,621 TOTAL FUNDS 30.549 28,753 The charrtable cryny is enlrfed to exemplKJn from audi( under 477 of the Cc#npanie8 Act 2006 for the year ended 31 December 2024. The members have not wuir&l the company to obtain an audit of its financial stalemerts for year end 31 December 2024 in axordance SectiDn 476 ofthe Cc4ry)anies Ad 2[.. The trustees acknowledge their responsibilities fi la) ensuring th¥. the Charitab coTrwany keeps accounfing rcd5 that etfftpty Sections 386 and 387 ofthe Companies Act 2006 and Ib} preparing financk81 statements whth gNe a Iwe and fair VV•V of the state of affairs of the tharitab ccmpany as al the end of each financkgl year ané of tis surplus or deficlt for each financkgl year in 8CCOTdance th the rUlments of Sections 394 and 395 and which otherwise comply with the requIreentS of the Companies AL 20L6 Itij tr) financ1 strdlernents, so far as applicab lo the charitable company. The financial stalenwts were approv1 by the Board of Trustees and authoril for Issuè on .. and were swJned ts behalf ty. The notes fomi part of Ihese financial stalemer Page 6 ccfftlinued...
Now Dlmenslons Communily Fellowshlp NewporL {Cymru). (Charitable Incorporated Oryan16atlonl continued... Balance Sheet- continued 31 Decèmber 2024 M S Eart8 - Trustee S M Smart- Trustee The notes fomi part of these finan(ial statements Page 7
New Dlmenslons Communty Fellowshlp Newporl (Cymrul. (Charitable Incorporated Oryanlsation Notes to the Flnanclal Slatemgnts fr>r the Year Ended 3l0gcemr 2024 GENERAL INFORMATION New Dimensions Community F8IFowship, Newpcrt {Cymrul. i8 a Charitable Incx)rwrated OrganisatÉon {CIOl registered wlh and reguLqled by the Chanty cCMISsion in England & Wales. The registered office of the charity 15 disclosed in the Re[ ofthe Trust$ as are details of the objectrves ofthe charty and those trustees who held office during the covered by these ffinancial statements. ACCOUNTING POUCIES Basls of prnparlng the Ilnancial stslements The financial statements of the charrtable )mpanY. whkh 1$ a publ benefit entity under FRS 102, have been prepared in acc(xdance with the Charibes SORP IFRS 102) 'Accounting and Reporting by charit.. Statement of Recommended Practice appluble to Charits preparing Iherr accounts in accordance with the Financial Reporting StandaNJ appIable in the UK and Ropublic of Ireland {FRS 1021 leffeclive 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republ of Ireland. and th8 Cornpani Act 2006. The financial $tatefflents have bn prepared under the historical cost Convention. The financkql statements are presented in pounds steding which is the functional cJJrren¢y ofthe char(ty. The charity continues its fund raisiny actwities and having regard to those activities and the financial needs of the charity the trustees are of the view that the futu of the charity for the foreseeable fvture is secure and that the charity is a going concem. Income All income is recognised in the Statement of Financial Actsvilies On the charity has entitlerrEnt to the nds, it is probable that the income will be and the annt can be measured reliably. Expendlture Liabilities are recognised as expendibjre as sn as there is a legal or constructive obligation committing the charity to that expenditure, it is probab that a transfer of economic benefits will be ffquired in settlement and the amount of the 0[gatIon can be ThEasured liablY. Expenditure is acc¢unted for on an accruals basis and has been Glassified under headings that aggregate all cost related lo the category. ere costs cannot be di¢t atlributed to partular headings they have been allocated to activities on a basis consistent vthh the use of resources. Tanglble flxed assots The cost of fixed assets is written off over the eskn'mated useful li of the assets at the following annual rales.. Motor vehleS - Slraight line over 5 years Taxation The charity is exempl from cofporation tax on ils tharItab activityes. Fund accountlng Unrestricted fvnds be used in accordan Ihe Charitab objectives at the discretion of the trustees. Page 8 ontinued...
New Dimensions Communlty Fellowship NewporL Icymru). (Charitable Incorporated Oryanisatlonl Note5 to the Flnanclal Statements- Conned forthe Yoar Ended 31 Decllber 2024 INVESTMENT INCOME Period 7111122 Year ended 31112r24 31112123 Daposil account interesl 929 SUPPORT COSTS GoveTnance Management u)sts Totals Other resources expended 11,894 12,794 NET INCOMEIIEXPENDITURE Net incomel(expenditufe) is sta1 after d)arglW{tting>'. Period 7111122 lo 31112123 Year ended 31112124 DepreciatK)n- owned asset8 3,115 779 TRUSTEES. REMUNERATION AND BENEFrrs There were no trustees. reMunelIOn or other benefits for the year ended 31 Drntr 2tr24 nor for the period end 31 2023. Trustees. expenses Expenses were paid durtng the triod to certain trustees for Servi to the church as reimbursement of travel costs the basis of o)sts itKurred. Trustees reLewJ m payment in nnec[lon with Iheir seNice as Inlstees. COMPARATIVES FOR THE STATEMENT OF HNANCIAL ACmlfjllES Up.restiictwJ nd Restricted funds rota5 funds INCOME AND ENDOVIMENTS FROM Donations and leg&ies 35.014 9,4CX) 44,414 EXPENDITURE ON Charitable activilles Hire of Church Fac4lities SuFFlies for sgrvices & meetings Donations 3,033 1,769 1,105 3.033 1.769 1,105 Other 8.975 779 9,754 Total 14,882 779 15,S61 Page 9 continued...
New Dlmenslons Community Fellowshlp NewporL ICymrn}. (Charitable Incorporated OryanisatEonl Notes to the Financial Statements- continued forthè Year Ended 31 December 2024 COMPARAIIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES- Continued Unr*.ricted Restricted fuThJ funds Total nds NET INCOME 20,132 8.621 28,753 TOTAL FUNt)S CARMED FORWARD 20,132 8,621 28,753 TANGIBLE FIXEO ASSETS Motor vehiclès COST At 1 January2024 and 31 December 2024 3,894 DEPRECIATION At l January2024 Charge ltsr year 3,115 At 31 Dember2l4 3,894 NET BOOK VALUE Al 31 Dember 224 At 31 December 2023 3,115 CREDITORS: AmOUs FALUNG DUE WITHIN ONE YEAR 2024 2023 Accrued eXPSeS 9Cx) 900 10. MOVEMEMf IN FUNDS Net movement in funds At 31112124 At 111f24 Unwtri¢ted funds General fund 20.132 {8451 19.287 Restrfcted funds Minibus Fund Pufcha5e a Church" 2,221 12,2211 4,862 11,2W2 2,641 11.2&2 TOTAL FUNDS 28,753 1,7 30,549 P¥10 continued...
New Dimensions Communty Fellowshlp M64wJrL (Cymru). {Charitabl& Incorporated Organisationl Notes to the Financial Statements- continued forthe Year Ended 31 DeCnber 2024 10. MOVEMENT IN FUNDS - continued Net mvemenl in funds, induded in the thve are as folkJNs.' Incoming re50ur Resources expended Movement in funds Unrestrictgd funds General fund 16,730 (17,575) 18451 Restricted funds Minibus Fu1 'Puichase a Ghurch" (2.2211 1484} {2,2211 4,862 5,346 (2.705) 2.641 TOTAL FUNDS 22,076 (20,280) 1,796 Comparatlves for movement in funds Nel movement in funds At 31112123 Unroslri¢ted funds General fund 20,132 20.132 Rostricted funds Minibus Fund 'Purchase a Church" 2,221 6,400 2,221 6,400 8,621 8,821 TOTAL FUNDS 28,753 28,753 Comparatwe net mvement in fijnds, included in the above are as folbws.. Incoming resources Resources Movent eXpen{d n funds Unrestricted funds General fijnd 35,014 (14,8821 20,132 Restricted funds Minibus Fund Turchase a Chh. 3,000 6.400 (7791 2,221 6,400 (T19} 8,621 TOTAL FUNDS 44.414 115,661) 28,753 Page11 continu...
New Dlmftnsions Cornmunity Fell¢)wship NewpotL (Cymru). (Charitable Incorporated Organisation} Nots8 to the Financlal SlatemeDts-contlnued for Ihe Year End¢d 31 December 2024 11. RELATED PARTY DISCLOSURES There were rKJ relaloj paty transacti)ns forthe year ended 31 DeLr 21Y24. 12, IJJEM8ERS LIABILrrY In thè event of a wn(ling up (rf the CIO the members have Tr) per5(1 liabilty for the debts and liabilities of the CIO and no liabilty to contiibule to its assets. P*Je12