NEW RIVER CHURCH
ANNUAL REPORT
AND
STATEMENT OF ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
CHARITY REGISTRATION NUMBER 1202947
Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester PO20 7EG
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NEW RIVER CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
CONTENTS
FOR THE YEAR ENDED 31st MARCH 2025
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Trustees' Report | 3 to 7 |
| Independent Examiner's Report on the | 8 |
| Accounts | |
| Statement of Receipts and Payments | 9 |
| Statement of Assets and Liabilities | 10 |
| Notes to the Accounts | 11 to 16 |
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NEW RIVER CHURCH TRUSTEES REPORT MAR25
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER
1202947
These accounts cover New River Church Charitable Incorporated Organisation’s first full 12 month period of activity. As the CIO was registered on the 04 May 2023, but the assets from Unity North London Trust (Charity No 1060893) were not transferred until 01 January 2024, the previously published accounts held only three months of activity.
WORKING NAMES NEW RIVER COMMUNITY HUB START OF FINANCIAL YEAR 1 April 2024 END OF FINANCIAL YEAR 31 March 2025 TRUSTEES AT 31 MARCH 2025 Wendy Anne Banks (Chair) Alan Charles Goldring Paul James Hutton Phillipe Edouard Alain Nicolas Graham Alfred Chappell (Secretary David George Wisker
The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument.
GOVERNING INSTRUMENT Constitution dated 24 February 2023 REGISTRATION DATE 04 May 2023: CIO registration
OBJECTS
The objects of the CIO are, for the public benefit:-
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a) To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule hereto in London and in such other parts of the United Kingdom or the World as the trustees may from time to time think fit.
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b) To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in London and in such other parts of the United Kingdom or the World as the trustees may from time to time think fit.
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c) To advance education in accordance with Christian principles in London and elsewhere as the trustees may from time to time think fit.
CORRESPONDENCE ADDRESS
21 Huxley Place Palmers Green London N13 5SU
PRIMARY BANKERS
The Co-operative Bank Olympic House, 6 Olympic Court Salford, M5 2QP
INDEPENDENT EXAMINER
Kim Gomes, Independent Examiners Ltd, The Grain Store, Hills barns, Appledram lane South , Chichester PO20
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NEW RIVER CHURCH TRUSTEES REPORT MAR25
Trustees Report for the Financial Year ended 31 March 2025
Full Name of the Charity: NEW RIVER CHURCH Number in the Register of Charities: 1202947 Date of Entry in the Register of Charities: 04-May-23 Postal Address: NEW RIVER CHURCH 69 Croyland Road Edmonton London Telephone:- 020 8803 7000 N9 7BE Email:info@new-river.church Correspondent’s Address: The Secretary to the Trustees Graham Chappell 21 Huxley Place Palmers Green London Telephone:- 020 8882 8588 N13 5SU Email:graham.chappell@new-river.church Gift Aid Administration and Legal: Stewardship Anthony Collins Solicitors LLP 1 Lamb's Passage 134 Edmund Street London Birmingham EC1Y 8AB B3 2ES Insurance: Kingdom Bank Ruddington Fields Business Park Mere Way Ruddington Nottingham NG11 6JS
Summary of Trustees’ Investment Powers: The Trustees’ powers of investment are as described in clause 5.6 of the Constitution.
Aims and Organisation (where not described elsewhere in the reports and Financial Statements)
Where the CIO Operates: The activities of the Charitable Incorporated Organisation (CIO) are executed through the operations of New River Church based in Edmonton, North London. The church has established an office base for its staff and this facilitates the majority of the necessary administrative activities.
How the CIO is Organised: There is an Elders group which meets regularly with the Trustees’ Committee. A Leadership Team also meets with the Lead Elder to assist in co-ordinating the church’s programme and pastoral activities. Spiritual oversight of the Church is provided by Jenny Sinnadurai and Karen Dey. New River Church has a Safeguarding Statement. This is reviewed periodically by the Trustees.
Who the CIO Employs: As at the end of the report year, New River Church employed two part time members of staff, the Lead Elder and a Missions Worker. An externally funded full-time Youth Worker was in post from September 2022 until February 2025. A small team of casual cleaning staff are also paid via the Church’s PAYE scheme. The Lead Elder and the Missions Worker are enrolled in the Church’s pension scheme.
NEW RIVER CHURCH TRUSTEES REPORT MAR25
Trustees Report (continued) for the Financial Year ended 31 March 2025
A Summary of the CIO’s Activities: The main activity of New River Church has been its weekly worship and praise celebrations held each Sunday morning. A small Sunday school operates in parallel for the remaining half of the Sunday meeting. A youth group meets during the week. House Groups also meet weekly. Worship, Prayer and Bible Study meetings also take place at various weekly and monthly points. A mother and toddler group also meets weekly during term-time. The on-line streaming of the Sunday meetings, which was initiated during the world-wide COVID-19 pandemic, has remained in place since. Post-service, the recordings remain publicly accessible and attract many ‘mid-week’ views.
Working with Other Organisations: During the period the Leadership Team continued to strengthen contacts with a range of other churches and organisations based in the London Borough of Enfield and, due to our work with foodbanks, now includes the Enfield Food Alliance. Other organisations, which also have a regional or national focus include The Message Trust, Pray London, Streetlight UK, School Pastors, Street Pastors and Nexus Youth Support Services. Representatives have also participated in the Enfield Faith Forum and are exploring ways to increase dialogue and understanding between faiths. The Metropolitan Police have invited the church to participate in SAFE Enfield, a Community Safety Partnership. The Lead Elder is a Police Chaplain, which is a voluntary position.
Review of Progress and Achievements
This report covers the second accounting period for the CIO since its establishment. Attendance levels for regular church meetings have remained steady and often reach the capacity of the building’s modestly sized congregational space.
Review of Financial Activities and Affairs
At the close of the period on 31st March 2025 there was a surplus on unrestricted Funds of £100,549.
The fund-raising initiative for the Building Project launched in 2017 continues to gain momentum with £303,508 raised by the period-end and further sums pledged. Planning consent for an extension and first floor addition was secured from the local authority in January 2021. However since that date due to a number of delaying factors, which included the rapid increases in building price inflation, the Trustees considered it prudent to revise the original approach by deciding to completely replace the existing structure with a new, more purpose designed building. Among the significant advantages this new strategy provides are:
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A purpose-designed building providing internal spaces that more closely match the church’s needs rather than being compromised by the constraints of the existing structure.
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A lower (ground-level) floor level giving step-free access, thereby removing the need for expensive and regulatory restrictive ramps, etc.
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A more thermally efficient building that will be more economical to run and maintain.
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A building made completely from modern materials that will be able to continue to serve future generations.
At the time of this draft report, the building project team has taken a decision to temporarily pausing the development of the current scheme until the trustees have confidence that the eventual total cost is affordable. Among the additional fundraising actions being progressed is a loan application for 50% of the total project cost. Once the outcome of that submission is known, it is hoped that consultations can be
NEW RIVER CHURCH TRUSTEES REPORT MAR25
swiftly concluded with the local council in respect of revising the existing planning consent and concluding other matters such as securing Building Regulations approval.
Reserves Policy
Trustees will annually review the level of reserves they consider are appropriate to the charity's needs whilst endeavouring not to set aside funds unnecessarily. The review takes into account the church's size, the level of financial commitments held and the CIO’s responsibilities as an employer. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is unexpected expenditure or a temporary shortfall in income.
Going Concern
Trustees acknowledge their responsibility for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting.
Public Benefit
The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake and acknowledge the requirement to demonstrate clearly that the charity has charitable purposes or ‘aims’ that are for the public benefit. Details of how this is achieved are provided in this Trustees report.
Particulars of grants made to the value of £1,000 or more
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(i) Since April 2003, all general income has been tithed to the providers of Spiritual oversight of the Church - Jenny Sinnadurai and Karen Dey. This is paid monthly but three weeks in arrears. Payments have totalled £12,426 during the report period.
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(ii) Since January 2015 monthly donations have been paid to Helen Taylor in support of her living expenses whilst working with Exodus Cry, a US based anti-sex trafficking charity. These have totalled £1,200 during the report period.
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(iii) Since December 2022 a monthly ministry gift has been paid to Joshua Wisker in support of mission to the Middle East. These have totalled £3,000 during the report period.
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(iv) Since September 2022 a monthly ministry gift has been paid to Paige Wisker for supporting the church’s social media and other communications requirements. These have totalled £3,000 during the report period.
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(v) Since April 2023 a weekly ministry gift has been paid to Lana Sophocli for coordinating the church’s Junior Church (Sunday School, etc.) arrangements. These have totalled £3,120 during the report period.
The Trustees who served during the report period were:
Wendy Anne Banks (Chair) Alan Charles Goldring Paul James Hutton Phillipe Edouard Alain Nicolas Graham Alfred Chappell (Secretary David George Wisker
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NEW RIVER CHURCH TRUSTEES REPORT MAR25
Trustees Report (continued) for the Financial Year ended 31 March 2025
Responsibilities of Trustees
The Charity Act 2022 requires the Board of 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 its incoming resources and resources expended for the period. In preparing those financial statements, the Board of Trustees should follow best practice and are required to;
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select suitable accounting policies and apply them consistently
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make judgments and estimates that are reasonable and prudent
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comply with applicable accounting standards subject to any material departures disclosed and
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explained in the financial statements
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prepare the financial statements on the going concern basis unless it is inappropriate to
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presume that charity will continue in operation
The Board of Trustees is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2022. 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 and to provide reasonable assurance that:-
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the charity is operating efficiently and effectively
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all assets are safeguarded against unauthorised use or disposition and are properly applied
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proper records are maintained and financial information used within the charity or for
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publication is reliable
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the charity complies with relevant laws and regulations
The systems of internal control are designed to provide reasonable but not absolute assurance against material misstatement or loss.
16th December 2025 Approved by the Trustees on….....................................
Signed on their behalf by Trustee …..............................
Printed Name: Graham Chappell
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NEW RIVER CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS For the Year ended 31st MARCH 2025
I report to the Trustees on my examination of the accounts of the above Charitable Incorporated Organisation ("the CIO") for the year ended 31st March 2025.
As the CIO's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
Responsibilities and basis of report
I report in respect of my examination of the CIO's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
As New River Church's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a fellow member of the Association of Charity Independent Examiners, which is one of the listed bodies.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed :
Date: 17.12.25
Kim Gomes FCIE MAAT Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester PO20 7EG
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NEW RIVER CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
STATEMENT OF FINANCIAL ACTIVITIES
For the Year ended 31st MARCH 2025
| Notes Income and Endowments from: Donations & Legacies 2a Investment Income 2b Charitable Activities 2c TOTAL Expenditure on: Costs of Charitable Activities 3 TOTAL 4 Restated from Receipts & payments BALANCES CARRIED FORWARD RECONCILIATION OF FUNDS: Funds Brought Forward 2023/24 TRANSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS NET INCOMING/(OUTGOING) RESOURCES |
Unrestricted Restricted Total Total Funds Funds 2024/25 2023/24 £ £ £ £ 134,477 - 134,477 22,866 6,585 - 6,585 863 475 116,131 116,606 27,044 |
|---|---|
| 141,537 116,131 257,668 50,773 |
|
| 103,058 75,057 178,114 56,380 |
|
| 103,058 75,057 178,114 56,380 |
|
| 38,480 41,074 79,553 (5,608) - - |
|
| 38,480 41,074 79,553 (5,608) |
|
| 62,437 277,397 339,835 345,443 1,266,717 - 1,266,717 1,266,717 |
|
| 1,329,154 277,397 1,606,552 1,612,160 |
|
| 1,367,634 318,471 1,686,104 1,606,552 |
All of the Charity's operations are classed as continuing operations.
The notes on pages 11 to 16 form part of these financial statements.
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NEW RIVER CHURCH (CHARITABLE INCORPORATED ORGANISATION)
BALANCE SHEET
For the Year ended 31st MARCH 2025
| Note Fixed Assets Tangible assets 2 Total Fixed Assets Current Assets 8 Debtors 7 Total Current Assets 9 10 NET ASSETS Funds of the CIO General Funds Designated Restricted Funds 4 Total Funds CO-OP Bank Lloyds Banks Assets Petty cash CASH AT HAND AND IN BANK Creditors:due in more than one year NET CURRENT ASSETS TOTAL ASSETSless current liabilities Creditors:due within one year |
Restated Total Total 31-Mar-25 31-Mar-24 £ £ 1,262,562 1,262,562 |
|---|---|
| 1,262,562 1,262,562 192,571 161,277 226,414 177,998 34 560 5,453 4,555 |
|
| 424,472 344,390 930 400 423,542 343,990 |
|
| 1,686,104 1,606,552 - - |
|
| 1,686,104 1,606,552 |
|
| 1,367,634 1,329,154 - - 318,471 277,397 |
|
| 1,686,104 1,606,552 |
TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS
The financial statements were approved , authorised and signed on their behalf by: 16th December 2025 Approved by the Trustees on …....................................
Signed on their behalf by Trustee …..............................
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NEW RIVER CHURCH
(CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS
For the Year ended 31st MARCH 2025
BASIS OF PREPERATION
Due to the turnover being over the 250k threshold for March 2025,the accounts have been moved from the Receipts and Payments format and are now presented as accruals basis in March 2025.
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) 2nd addition effective 1 January 2019 and with the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
ACCOUNTING POLICIES
The particular accounting policies adopted are set out below.
INCOME
Recognition of Income
These are included in the Statement of Financial Activities (SOFA) when:
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the CIO becomes entitled to the income;
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it is more likely than not that the trustees will receive the resources; and
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the monetary value can be measured with sufficient reliability.
Grants and Donations
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP).
Tax Reclaims on Donations and Gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Contractual Income and Performance Related Grants
This is only included in the SoFA once the CIO has provided the related goods or services or met the performance related conditions.
Government Grants
The CIO did not receive any government grants in the reporting period.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the Trustees' annual report.
Income from interest, royalties and dividends
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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NEW RIVER CHURCH
(CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS For the Year ended 31st MARCH 2025
Expenditure and liabilities
Charitable Activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes costs that can be allocated directly to such activities.
Liability Recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the CIO to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Governance and Support Costs
Support costs represent the cost of central functions, for example governance costs, payroll administration, information technology. Governance costs are those support costs which relate to public accountability of the charity and its compliance with regulation and good practice.
Grants Payable without Performance Conditions
Where there are no conditions attaching to the grant that enables the donor CIO to realistically avoid the commitment, a liability for the full funding obligation must be recognised.
Deferred income
Deferred income not been included in the accounts.
Creditors
The CIO has creditors which are measured at settlement amounts less any trade discounts.
Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date
Debtor
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the CIO. Subsequently, they are measured at the cash or other consideration expected to be received.
| 1. TANGIBLE FIXED ASSETS Cost 01-Apr-24 Additions Cost at 31-Mar-25 Depreciation 01-Apr-24 Charge Depreciation at 31-Mar-25 Net Book Value 31-Mar-25 Net Book Value 31-Mar-24 |
Equipment Building Total £ £ £ 84,107 1,178,455 1,262,562 - - - |
|---|---|
| 84,107 1,178,455 1,262,562 |
|
| - - - - - - |
|
| - - - |
|
| 84,107 1,178,455 1,262,562 |
|
| 84,107 1,178,455 1,262,562 |
Both the Building and equipment are held at the insurance value.
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31 March 2025 : None 31 March 2024 : None
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NEW RIVER CHURCH
(CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS For the Year ended 31st MARCH 2025
2. ANALYSIS OF INCOME
| Note 3. ANALYSIS OF EXPENDITURE Note a) Costs of Charitable Activities 5 Independent Examiner Fee Insurance & Legal fees Bank charges Furniture&Fittings/Equipment Evangelism Hardship Grants Ministry Gifts & Grants Miscellaneous (incl Church W/e Office Costs PA Systems Premises Running Costs & Rent Staff Costs Room Hire Costs Advertising & Publicity Building & Fabric Costs Catering & Hospitality Costs Children's & Youth Work Development Fund Local & Borough Mission / Miscellaneous (incl Church W/e Other income (incl Overseas c) Incoming from Charitable b) Investment Income Interest Received a) Donations & Legacies Gifts & Offerings Income Tax Recovered |
Unrestricted Restricted Total Total Funds Funds 2024/25 2023/24 £ £ £ £ 111,158 - 111,158 19,143 23,319 - 23,319 3,722 |
|---|---|
| 134,477 - 134,477 22,866 |
|
| 6,585 - 6,585 863 |
|
| 6,585 - 6,585 863 |
|
| - 47,146 47,146 13,012 - 1,480 1,480 481 - 18,379 18,379 3,058 475 49,126 49,601 10,493 |
|
| 475 116,131 116,606 27,044 |
|
| Unrestricted Restricted Total Total Funds Funds 2024/25 2023/24 £ £ £ £ 3,464 - 3,464 1,068 3,150 - 3,150 15,085 5,526 8,719 14,245 1,473 8,187 - 8,187 1,308 626 - 626 45 1,894 - 1,894 300 - 9,747 9,747 - 20,237 18,978 39,215 12,125 1,168 - 1,168 - 945 - 945 423 2,094 468 2,562 75 7,292 7,134 14,426 3,063 42,682 30,010 72,693 19,053 - - - 75 930 - 930 - 4,781 - 4,781 2,229 80 - 80 58 |
|
| 103,058 75,057 178,114 56,380 |
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NEW RIVER CHURCH
(CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS (continued) For the Year ended 31st MARCH 2025
| 4. RESTRICTED FUNDS CURRENT FINANCIAL YEAR Events PRIOR YEAR a) Church House seed b) Community Grocery Project + Food Bank c) Other Hardship Gifts a) Events b) Community Grocery Project + Food Bank a) Mission to Greece b) Mission to Message Academy Manchester c) Enfield Youth FTSOTG & Inside Out Projects d) Mission to Message London e) Mission to Youth f) Mission to Sri Lanka g) Mission to the Middle East h) Mission to the Middle East a) Church House seed d Other Hardship Gifts a) Events b) Other Ministry Gifts Building Fund b) Other Ministry Gifts a) Mission to Street Light a) Church Weekend Other Projects b) Mission to Greece c) Mission to Message Academy Manchester d) Enfield Youth FTSOTG & Inside Out Projects e) Mission to Message London f) Mission to Youth g) Mission to Sri Lanka Building Fund h) Other Missions c) Community Project grants Other Projects ( formerly 'Development fund) |
Balance Balance 01/04/24 Income Expenditure Transfer 31/03/25 £ £ £ £ 256,603 46,905 - - 303,508 - 14,268 (14,268) - - 6,050 - - - 6,050 105 1,480 (1,585) - - 2,119 2,800 (2,119) - 2,800 254 240 (468) - 26 3,058 4,111 (4,960) - 2,210 125 4,662 (4,787) - - 1,674 13,403 (13,346) - 1,731 - 2,366 (2,366) - - 1,633 3,600 (3,180) - 2,053 100 1,500 (1,600) - - 5,614 11,703 (17,223) - 94 63 3,908 (3,971) - - - 3,622 (3,622) - - - 1,560 (1,560) - |
|---|---|
| 277,397 116,128 (75,055) - 318,471 |
|
| Balance Balance 04/05/23 Income Expenditure Transfer 31/03/24 £ £ £ £ - 12,952 - 243,651 256,603 - - - 6,050 6,050 - 481 (493) 117 105 - 60 - 194 254 - 3,058 - - 3,058 - 125 - - 125 - - - - - - 4,678 (3,779) 775 1,674 - 1,639 (1,639) - - - 940 (1,005) 1,697 1,633 - 375 (375) 100 100 - 2,209 (10,666) 16,191 7,734 - - - 63 63 - 528 (528) - - |
|
| - 27,044 (18,484) 268,838 277,397 |
The Restricted Funds are wholly represented by the Charity's cash reserves and are to be expended as specified above.
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NEW RIVER CHURCH
(CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS (continued) For the Year ended 31st MARCH 2025
5. STAFF COSTS AND NUMBERS
| Gross Wages & Salaries Employer's National Insurance Costs Employer's Pension Contributions |
TOTAL TOTAL 2024/25 2023/24 £ £ 69,883 14,701 762 1,263 2,048 434 |
|---|---|
| 72,693 16,398 |
Average number of employees who were engaged in each of the following activities:
| TOTAL | TOTAL | |
|---|---|---|
| 2024/25 | 2023/24 | |
| Charitable Activities | 4 | 4 |
Trustee David Wisker, employee, received £36,552 gross salary in the current financial period.
The Charity operates a PAYE scheme to pay all employed members of staff and no employees received emoluments in excess of £60,000. N/A
6. TRUSTEES AND OTHER RELATED PARTIES
Apart from Trustee David Wisker receiving £36,552 in gross salary, no other payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.
| 7. DEBTORS AND PREPAYMENTS Trade Debtors 8. CASH AT BANK AND IN HAND Current Account - CO-OP Community Savings Account - Lloyds - 32 Day Current Account - CO-OP Business Current Account - Lloyds Business Savings Account - CO-OP - 14 Day Savings Account - Lloyds - 32 Day Petty Cash Total Independent Examination 9. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE |
Total Total 2024/25 2023/24 £ £ |
|---|---|
| 5,453 4,555 |
|
| Total Total 2024/25 2023/24 £ £ 5,418 7,042 500 3,239 - 4,235 36,821 24,431 187,153 150,000 189,093 150,327 34 560 |
|
| 419,019 339,835 |
|
| Total Total 2024/25 2023/24 £ £ 930 400 |
|
| 930 400 |
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NEW RIVER CHURCH
(CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS (continued) For the Year ended 31st MARCH 2025
10. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE
Nil 2024 (Nil 2023)
11. RISK ASSESSMENT
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
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