Charfty reg58tratlon number 1205186 IEngl•nd and W4lei)
A NEW THING
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD 12 OCTOBER 2023 TO 31 OCTOBER 2024
Caladine
Chartered Certified Accounlonts

A NEW THING
LEGAL AND ADMINISTRATIVE INFORMATION
AA￿rrfBnwa
N Thomp50n
(Appolntad 12 October 20231
(Appointed 12 October 20231
(Appointsd 12 October 20231
Charlty number (England •nd Wal••l
1205186
Prfncl￿l •ddr••*
11 MgnoNew Court
Court Bush85 Road
yteleofe
CR3 OHG
Ind•p•nd•nt •x•mln•r
John C8ladlne FCCA CTA FCIE
Cg18dine Llmitvd
Chjnlry House
22 Upperton Rolld
Eostboume
Ea8t Su8Jex
8N21 1 BF
ankw•
Uoyd8
98 Vlctorfa Street
London
SWIE SJL

A NEW THING
CONTENTS
Pgg•
TTUStees' report
Statement of tru8lee¥' responslb116I•8
Independent examln•¢8 rnport
stbtsment of flnanclal gctfvttlei
Stgtement of flnandal po8Nlon
Notes lo the flnand•l 8tat•mant8
7-14

A NEWTHING
TRUSTEES. REPORT
FOR THE PERIOD ENDED 31 OCTOBER 2024
The trustees wesent Iheir annual report and financial statements for the period endeLI 31 October 2024.
The ffn8naal statements have been prepared In accoTtlan¢e ¥￿th the accounting policie5 Set out in note 1 to the
financlal statements and comply with the charity's governing document, the ChJntles Act 2011, FRS 102 The
Financial Reporthng Stand8rd 8pplicable in the UK and Republlc of Ireland 8nd the Chaiities SORP "Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable lo ¢harrtles preparing their 8ccounls In
accordance vAth thè FInan￿oI Repoiting Standard 8ppllcable In the UK and Republlc of Ireland IFRS 1021".
ObJectiv•• •nd aetlvltle•
The object of Ihe CIO 18 tht advancement of the Chrf811on fglth. in parUcJJlar by wovldlng worshlp, Pr￿er and
Christian teathlng
are a thurch group, a christlan cre91￿ ￿mmunIty who meet weekly for our prayer Mee￿.n9$ Ilu•slthursl,
sunday sesslons and also midweek bible cjass seasonally. We Gqry Out our communlty work through Hands & Feel
Inrtiats've whKh 8UPPOrt8 the local communlty In hackney & &urroundlng 8reas.
A New Thing h89 demon¥tr8led Its commilrnent lo the dèvelopment of health 5p&￿tUal￿ and holSsllcalty, Ihl$ has
been reflected through Its activltle6 of prayer moetlng8, sunday 6e85lonL4 With dynamic teachlng on pr8CtIc811slng
Spirttual truth8 and 8lso speaking on and encoufgglng the church on their physlcal heatth. Hosung v8rfou$ drSves
ond Initlativos that helped develop tho ¢ongfeg8tlon's commllmenl to r•pf8senting Chr181 in th•ii dlfferent sphere of
Influence8.
Public benefit
The trust••8 have paid dve regard 10 9uldgn¢8 185ued by the Chartty Commlsslon In deddlng what adlvttle8 the
eharlty should undertake.
Achlevement• •nd yrforni•nee
Significant Bctivities and 8chiev8ménts agalnst objeGIIv88
We were ablg lo have our first blood drtvt in support of Slckle Cell Month through our Hands & F9&1 Inltl8liv8. thls
WB8 lo help r8[88 awArene86 amtsngsl our ¢ongregalion who are pi¢domlnantty black which18 8 dèmogrophic that'8
8ffe¢t¢d malorfy.
had our first finance dg$s wh•rn we tsughl blbll¢81ty how to steward flnance$ and pr8Ctlcal tlps on budgeting.
8avlng & Invesllng In an athlcol and heallhy way, lad & led by a professional frorn our congregation. The ¢hur¢h 8180
derided Ih•l we would financialty 3upport tharfty org8ni88tions ￿th 1 OQA ol our Income movlng forward as our
flnancial romrnltment to contrtbullng lo the bett8mient of sodety,
The church also had the opportunlty to help those negalivety Affected mentallylernotionally who didn't have the
means lo afford coun¥olllng over a period of ts'mo. ￿nIribU￿ng to Iheii mental and emotional well belng of the
Cong￿get￿On.
A NEW Summer Is our time of extenslve $odal •etlvlty where we were 8bl• to host dlfferenl ￿ndS of meetlngs such
08..
Sod81 Sunday
TAP Sunday
A NEW Fun Day
Ih•t helped foster communty and sodal acllvlty amongst the ¢ongr¢gatlon. Thls provided ample opportunity for u8
to pracbce vthal we wertt b•lng taught.
Flnanclal revlew
During the period Ihe Charlty had a surplus on Unr88tricted funds of £84,749, arisinu Irom Income of £160,378.
This perlod was a transitional one, as the CIO took over the acbvities of the Church which were prevlously held In 8
limited company. Income indudes excess reseryes which were gifted ￿eT on the tran5feT.

A NEW THING
TRUSTEES, REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
ReseNes policy
ANT holdB larye reserve5 again81 unfo￿5**n •vents and ha8 maintained on above target level of reserves w
re9ards tD the ongoing level of expenses incurred.
The level of reseryes held on 31 Oetober 2024 was £84,749. Given the financial poslfjon at the balance she•t dats,
the trustees have a reason8ble expectai¢on that Ihe church has adequate fesource5 to continue lo operate for the
foreseeable future on 3 going concem basis in prep8ring the financAal 8talements.
Structure, govomanc• and managgmont
The tharty Is a Chadiable Incorporated Organlsallon ICIOI. It was registered wlth thè Charrty Commits8lon on 12
Oetober 2023 Ino. 12051861. The work ol the chaty wa$ previousty c8rTied out by g prlvAle Ilmlted company Ino.
121158241. On 31 J8nuary 2024 the ocilvhlei wore tran61erred to the CIO.
The tru81e&s vtho 8erved durfng the perlod and up to the date ol slBnalure of the finanrial stsltrm•nt8 were..
AAklnfenwa
N Thompson
O Olu8ola
(Appointed 12 October 2023>
(Appolnted 12 October 20231
(Appolnted 12 Oct¢Jber 20231
R8crullment 8nd appointment of Iru$t&8S
TruBlees wllh rel¢vgnl knovledge and exp•￿6n¢& ￿th 8 heart for •thl•vlng the object8 01 the th8rty ar8 recrulted
from Imo to tlm• as needed by recommend•tlon ofthe exlsllng Tru816&8.
None ofthe trustees ha3 any b•neficial interest In the Company. All ofthe tru3lee¥ m•mbers of the company •nd
guarnntee to conlrtbut• £1 In tha event of a vlndlng up.
Org8nis8llon81 stmcture
Ayokunu 8nd Su8an Oduntyl $¢￿¢ a8 88nlor leadeT8 OIA N￿ThIng London.
The trustees, report was approvad by the Board olTru61￿$.
AAkinfenw8
Tru8t••
Date..
..e..Sg.pLp.Mtsor.2Q.2￿....

A NEW THING
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE PERIOD ENDED 31 OCTOBER 2024
The tru81ee8 a￿ ￿sponsIble for prep•rlng th8 TnJsiees' Report and the financi81 statements in accordance wrth
applicabl8 law and United ￿'ngdoM Aecounting Stsndard8 (Unked Kingdorn Genor81ty Accepted A￿o￿ntIng
Practlcel.
The law applicable to In England and Wales ￿qUIres the trustttrs to prepare financial stBtements for each
14nonclal period which glvg a tfue and fair view of the state of affairs of the chorlty and of Ihe incomlng resourc88
and application of resources of the charlty for that perfod.
In PTeparing these finanu81 statements, th8 trustees are requlred to:
select 8uilgble 8ccounllng pollcAeB and than apply them consiBlenlty:
observe the methods and princlples in the Chariues SORP..
makp l(bdgements and estim4t¥$ thal are ￿s8onable and prudent.,
state vthether applic8blo 8¢counting standard8 have been followed, wblect lo any matertal d&p8rtur88 dl8doBed
gnd explalned In the finan¢181 stAtements', and
prepare th• finan¢lal stalemenls on Ihe golng concem ba81B unleii It 1$ in8pprcyl8le to pra3um8 th8t the charfty
11 contlnue In oper8lion.
The trustaos Are responsbble for keeplng 8ufflclenl accountlng rncordB that dl8dose wllh reasonable accuracy at any
m8 the flnandal p0811Ion of the charlty and enabl* Ih8m to en8ure that the ffin8ncial 8latemenl8 compty wrth the
Charftle8 Act 2011, the Chanty (Accounts and Reports) Regulatlon3 2008 and the provlslons ol Ihg Iru$t deed. They
are alBO re8ponslble for 60feguardlng th¢ assets of the ch#dty and hence for taking ￿0•onable 8tepB for the
prevenuon and delethon of fraud and other irregularltle3.

A NEW THING
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF A NEW THING
I report to the tru8tse$ on my examination of Ihfj financial statements of A New Thing Ithe chantyl for the period
ended 31 Octob8r 2024.
ReBpon*lbllltl•s and ba81• of roport
A$ the trustees of the chatity you are responslble for the preparation of the financlal s18tements in accordance wlth
the requ1￿ments ol the Charrtj'es Act 2011.
I report In respect of my examinatlon of the tharivs finanual 51atemenl$ carTled ovt undef $8don 14S of the
Charities Act 2011. In carying out my examinatlon I have followed the Dlreclions given by the Charty Comfftssion
under 14SlSllbl ol the Ch•rrtJ"es Act 2011.
Ind•p•ndent ex•mlnerf• •tstsm•nt
Your attentlon Is drawn lo the lact that tha char5ty has Prepared thè ￿nanCIalSta18ments In a￿ordAnce ￿th the
relevant verslon of the Slalernenl of Recommended Pf8Ctice 8ppllc8tAe to chadlles piepadng Iheir financial
•lat8monts In accordanc• ￿th the Flnanclal Reporting Standard 8ppllc8ble in the UK Jnd Republic of Irel8nd IFRS
1021 In preference to the A￿?untIng and Reportlng by Ch8dll•s.' Statement of Recornrnended Pradlce issued on 1
Aprll 2005 whlch Is r¢l&rr&d to In Ihe extant regul8lion8 but h8s now been vAthdrawn. l under6t8rHI Ihol thi$ has
been done in order for the financlal ¥lalemenls to provlde a true and falr vl•w In accordance UK Generalty
Accepted Accounllng Practlce.
I hav• completed my •xamln•llon. I conflrm that no mottwl h8V8 come to my att¢ntlon In connection the
•xomlnation giving rne cause to believe that In eny m8lerf81 respect..
8¢counllng records were not kept in respect of the ch8rty as rèquiréd by sectlon 130 of th• Ch8dll88 Act 2011.
the financial statèments do nol accord with those record8', or
Ihts financlal Blalemtrnts do not compty wlth the eppllcable requlrements concemlng th• form and content ol
flnbnclal statements Set out in the Charilbes (A￿unt8 and Report81 Regulatlons 2008 other than any
Tequirem?nl that th8 flnancjal slalem?nl$ glv& 8 true and fhlr view, whith 1$ not 8 m8tteT consldered a8 pArt ol
an ind¢p¢ndent examlnation.
I hpve no concems and ttave CDme across no other matters In tt*nn8ctlon wth the exarnlnatlon lo whlch attention
Should be drawn In thls Teport In ord8r lo enable a proper und•r5t8ndlng of the fin8nci?18lalements to be reached.
John C•l•dln• FCCA CTA FCIE
Caladlne Llmlled
Chantry House
22 Upperton Road
Eastboume
East Sussex
BN21 18F
Dat•..

A NEW THING
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE PERIOD ENDED 31 OCTOBER 2024
I￿￿￿trIct•d
fund•
2024
Income from:
DonalOon8 and legacie8
Invastments
Othtrr In¢om8
151,881
8,484
Total In¢om•
160,378
Expendlture on:
Charftsble gCthhle4
75,827
Total •xpendltur•
75.627
N•t Incorn? and mov•m•nt In fund•
84,749
R•Gonclll•tlon ol lund•:
Fund balances at 12 Octob•r 2023
Fund balmnce¥ It 31 O¢tob•T 2024
84,749
The Statement of fin8ndal Act￿￿leS Indudes all galns and 108ses recogn5￿d In th• porfod. All Income and
expendltur¢ ¢Jerfve from contlnulng actlvitles.

A NEW THING
STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024
2024
Not•B
Flxed aB8ets
Prop¢rty, plant and equipmant
13
7.548
Curr•nt a••ets
Trade and other receivables
Cosh at bank and in hand
14
3,772
74,809
78,581
11,3801
Currvnt Il•blllll
15
N•t curr•nt aM•t•
77,201
Totsl a••et• l••• ¢urr•nt Ihbllltl••
84,749
Th• fund• of the ch•￿ty
Unre8trfct8d fund8
16
84.749
84.749
Th• knandal otste￿nI¥ were •pproved by the tN8tee8 on
8th September 2025
AAkinfenwa
Tru•ts•

A NEW THING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024
Accountlng poll¢b••
Ch•rlty Inforniatlon
A New Thing Is registered wlth the Charity CommisBion for England 8nd Wales Ino. 12051861. 111& govemed
In accordance wlth fts Con8t6tulon datsd 12 Oclober 2023.
1.1 R•portlng p•rlod
The flngncial 8latemenls have been pr8parnd from reglstratlon 12 October 2023 to the period end 31 Octobtsr
2024.
1.2 B••l• of prepiratlon
The finan￿al slaternents ha￿ b￿n pffjpared In accordance wrth thtr charlty's governing dwjmenl, the
Charftles Act 2011, FRS 102 The FlnancAo1 Reportlno Stand8rd appllcable In Ihe UK and Republlc of Ireland"
and the Ch8rllle8 SORP "A¢countlng and Reporb'ng by Ch8ri11¢s.' Statement of Recommended Practice
applicable lo char￿.¢$ preparlng their accounts In 8ccordanca wlth th8 Flnanclal Reportlng Standard
applicable In the UK ond Republic of Ireland IFRS 1021 The chadty is a Public Bonefil Entty as defined by
FRS 102.
The charity ha8 takèn 8dvonlo9¢ of the prov181on8 In the SORP for ¢h8rftl88 not to prepare a stslemenl ol
cath now$.
Tho flnAndal statements have departed Irom the Chgdtle$ IAccount6 and Report81 Rogula￿OnS 2008 only lo
the axtent required lo provide a true and falr wew. This departure h08 Invo￿e￿ follovlng the Slatement ol
Recommended Practlce ftsr charlll8s apptylng FRS 102 rather than tho vèrslon of the Statement of
Recommendad Proctice whith Is r8fe¥Ted to in the Regulation8 bul whlch has since been wthdrawn.
The fin8ndal 6tatem8nts are prepa￿d in sterfing. vthich is the fundonal currency of th• chAdty. Monetary
amount$ In these fin8nrABI steternent3 8re roundad to thè nearest £.
The finandal 5t8lernent¥ have béen pr8pared under the hlBtorfcal cost ¢onvenlbn. The prln*al accounllng
pollcles adopted are 8el out below.
1.3 Golng concern
At the Ilme of approvlng th8 finand81 Statements, the tmstees have a re880n8bl8 axpeciatlon that the tharity
has adequate reBourceB to ￿nInue in operational existence for th• foreseeoble future. ThuB the Iru$liJe8
conllnue to adopl the golng concern basls of accounllng in pmparfng Ihe flnancAal statements.
1.4 Chorltable fund•
Vnrvslrict?d fund5 are Available fvr use at the d18crellon of the trustees in furtherance of thelr charftable
obl8dves.
1.$ Income
Income Is recogn15ed when the cha￿ty13 legalty enlttled to It after any p8rfomiance condltions have been mgt.
the amounts can b¢ measured rellabty, and rt 1$ Probable that income wll be received.
Cash donatlons are recognisèd on receipt. Other donatlon5 are recogni$8d onee the charity has been notified
of the donation, unle55 performance condrtions require defernal ol the arnoL6nt. Incorne tax re¢over8ble In
rtrlation to donations received under GiftAid or deed5 of ¢ovenant is recognised at the timg of the donatson.
Legacies are rerAlgnlsed on receipt or othe￿158 if thÈ charity h4s been nOt￿d of an impending distributktn,
th& amount Is known, and receipt is expected. If the amount is not known, the ley8Cy IS treated as a
contlngent asset.

A NEWTHING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
Accountlng pollcl•* Icontlnuedl
1.6 Expendlture
ExpenditUTe is fe¢ognlBed once there 18 ? logo1 or ¢onstructive obllgatlon to transfer economic benefit to
thlrd party, It Is Pfobable that a Iransler ol economic beneffts will be requlwd In settlement, and the 8fTK)unl of
the obli9ation can be measured reli8bty.
Expenditure io dasskThtsd by Actfvlty. The costs of ea(* actlvity are m8d• up of the tot41 of dlr•ct costs gnd
$har8d costs, including SUPPOrt C05t5 Involved in undert8king 8ach activity. Direct Costs attnbytable to a single
aclivty are allocated directy to that activity. Shared cost5 which contrlbute to more than one aC1￿ty and
support costs whl¢h ere nol attrlbutable io a single actlvty are apportloned betwe8n those aclivlts'es on a b8$18
con8i8tenl Wllh the use of resources. C?nlral stBff cost8 are allocBted on the ba816 of time spent. and
depreclgllon Charges are allocated on the portlon of the asset's use.
1.7 Propertyi plant and equlpment
Propety, plant and equlpment ol cost greater than £1,000 are c8W8118ed, and are Initlally rMa$ured at cosl
nd 8ubsequenlly m&96uff*d at cost or valuation, net of dèpr•clation 8nd any impmirmtnl losses.
Depreciatlon is recognl$ed so as lo vthle off the cosl or valua11￿ of 488al5 less Ihelr Te8l¢Ju81 v8lu•s over their
Useful lives on th• follo￿ng b8818'
Equlpment
25% Blrnight Iln•
The ggln or loBs arfslng on tho d16posal ol an asset is detemilnod a8 thè difference bebveen Ihe 881e proc&8d8
and the chrylng value ollh? ass•l, and Is recognlsed in the $t8t•m•nt of finandal actlvlles.
1.8 Impalmi•nt ol non.curr•nt ai••ts
At e8¢h r8POrtlng end dale, the charity r•vièws the carrylng 8rn0unls of Its l•nglble assets to delemilno
whelher there Is any indlcation that IhD88 a55ets have 8uffered an impalrm¢nl loss. 11 any such indicali
¢xist8. the recoverable amount ol th• 8888t is 68timaled in order lo d•lernNn8 the exlenl ol th¢ Imp&lrrnent
loss I￿ any).
1.9 Ci#h and ea•h •qulv•lents
Cash and cash eqLtivalents include cash in hand, d•po8lts held at call with bank8, other 8hort-tenn Ilquld
nvestrnents wllh origlnal rn8turitles of Ihrto months or less, and b¥nk ovèrdrafts. Bank overdraft8 are shown
within borrowings In current Itabililies.
1.10 Flnanclal Instrurnont•
The eharity has elected to appty the prow¥iDns ol Soctlon 11 '8asic Finanri81 Inslrnm•nts' of FRS 102 10 ell of
it$ flnanual instruments.
Financjal instruments are recognised In the charftys balance sheet when the chartty becomèi p8rty to the
contractual provl8ions of th8 Instrument.
Finandal 8$sels ond 11obllities are offset, wlth thè nat gmounts presented in tho finandal statements, vthen
ther¥ 1$ a legalty enforceable right lo s8t olf the recognised amounts and there Is an intenlon to settle on 8 nal
b4$i$ or to realise the as8el and 8eltlè th8 IlabS1ty simultaneously.
Baslc Iln•nci•l •ss¢ts
88sic financial assets, which In¢lu¢Ye tr&de and other recelv8ble$ and cash 8nd bank balance5, are inlfjglly
measured at Iiansacbon prlce induding transaction c05t5 and are subsequentty carried at amortised cost
using the effective Interest method unless the arrangement constitutes 8 financlng transaclion, where the
Iran88Ctlon Is measured al the present value of the future receipts discounted at a market rate ol intere81.
Finanaal assets dassified a5 re¢¢fvable ￿thIn one year are not ank)rtlsed.

A NEWTHING
NOTES TO THE FINANCIAL STATEMENT8 (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
A¢¢ountlng pollchs (Continued)
Baslc financlal liabllltl•$
B•sic financial liabllrt￿s, Inclvd5ng tr8de and other payabl88 and b8nk loans are initsally recognised al
Iransactlon price unless the arrangement constiluies a financing transaction. where the debt Instrument is
measured al the present value ol the fijture payrnents dlscounled at a market rale of Iniei8sI. FinanrAal
liabilltleB d858lfied as payable vAthln one year are not arnortised.
Debt In8lwuments 4r9 subsaquenlfy carried at amorl$od cost, uslng the effectivg inter•¥t ral¢ method.
Trade p8y8ble$ 9re obligalons lo pay for goods or 8&rvlces that have been acqulred In the ordlnary cA)urse of
OP8rations frorn suppliers. Arnounts payable are d88sified a8 curmnt 118b11￿leS rf payment 18 due wtthin one
year oc less. If not, they are pre$erte¢J as non-current liabl1￿9$. Trade payables are recognls8d inlti8lly al
Iran8acllon prfce and subs•qu•nlW rn￿5￿red at amortl3•d cost U8lng the effectlve Inter8st method.
D•recognifion of fln*nel•l Il•bllltle4
Fln8nc181 Ilabllltles are derecoynls¢d when the tharity'6 contr•¢lual Obl￿ationS expire or ar• dl8charged or
cancelled.
1.11 Employ•• b•n•flts
The cost of any unused holldAy •ntlUement IB recognlsed In tho perlod In whkh the employee'$ g•rvlces are
recelved.
Termlnollon benefits are fecognised Immedlataty as on expense when the ¢h8rty18 demonstrably comm6tt•d
lo tefmlnate the enwloyrnent of an èmployee or to provlde lerminatlon benefits.
Crltlcal •ccounllng o•tlm•t•• and ludg•m•nts
In the applicgllon of the chaflty'8 accountlng po11¢iès, the trustees are required to make judgements. estirnales
nd assumptions about the Carrying #mount of 8sset8 ond liabillles that are not readily apparenl frorn other
Sources. The estlmales and aBsoElaled assumption5 are based on hislorical 8xp8rlence and other factors th•1
ora con6id8red lo be relevant. A¢tual resutts may differ trom thes8 •ltimate8.
The estimates and underfylng a83umptionB are rtrvlewed on an ongolng b8318. R•¥Aslon8 to accountlng
e6tlmate8 are recognised In the perlod In whlch Ihe estlmate 16 revlBed whèrn tho revislon affects only that
period, or In the peflod of ihe revision and futuro perfods where the re￿￿on 8ff8cts both current and future
pe￿0d8.

A NEWTHING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
Incom• Irorn don•tlon8 and legacl
Unrnstrlctsd
fund•
2024
Donation¥ and glfts
151.881
DonatSon• 4nd glft•
Slewardshlp
Tlthes and offorlDg$
127,027
24.854
151.881
Incom• from InvHtm•nt•
Unmtrfct•d
fund•
2024
Int•re¥t r•c•lv•ble
11
oth•r Ineom•
Unr••trlctsd
fund•
2024
A New Thlng London Ltd
8.484
10-

A NEW THING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
Expendbture on charftsbh 8¢tlvltle8
Charftabl•
a¢tlvltle•
2024
Dlrect cojts
Staff CAJStB
Depf8dation And Impalnnent
Pastoral Bnd mlnlslry
Prem1988
Travelllng
Cgtering
Equipmènt
Media produdon
8,100
2,517
7.430
24,574
2,896
7.417
6,675
3.328
62,937
Grant fvndlng of 8ctfvill•818•• nol• n
7,942
Shar• of •upport ¥nd gov•manc• ¢o•t• (8￿ not• 81
Support
Govemance
2,998
1,760
75,627
An•ty•l• by fund
Unre8trtted funds
75,827
Grnnts payable
Charit*bl•
•ctlvStle8
2024
Grant8 to In￿lUtIons..
Don¥llon8 and communlty BUPPOrt
2,491
Grnnts to Indlvldual
5,451

A NEW THING
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
Support allocatsd to actlvllle8
2024
AdminiStra￿Dn
Insurance
Governan￿ Costs
2,760
238
1.750
4,748
Charilable 8ctivitle8
4.748
2024
GoY•manc• co•t• comprt••:
Independent examlnaiion l••$
Accountancy
8onk lees
Payroll
540
848
1.750
N•t mov•m•nt In lund•
2024
The not movement in fvnd$ li $taled after charglngllcrndltlngj..
Fee6 pay&ble to the charity's Independent exgmlner..
- for the independent exafflin4tion of the chantys financlal $tatemen174
- for tax od￿s0ry Se￿ICe6
for Othèr financial ￿NICeS
Depr8datlon of owned property, pl8nt and equlpmenl
1.140
2.517
10 TN•t•
The chority recefved aggregAts donailons from tru8tè•8 and related parties of £24,703 durfng the pe￿0d.
Trustee Emmanuel Aklnfenwa and his Spou￿ fac81￿d anniversary gifts of vAlue £444 during the pèriod. as
part of the Charity'$ pastoral activities.
No other trustees lor any persons connected with theml raceNed ary remuneratk)n or benefits from the
charty during the peiiod.
12-

A NEW THING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
11 Employ••s
The average monlhty number of employee8 durlng th& pe￿ad was..
2024
14umb•r
Employment cost•
2024
Wgg88 and 88larf88
8.100
The￿ were no ernploy?e8 vth080 8nnual rernuner8t6on was more Ihan £60,000.
Remumrnllon of k•y man•gem•nt per•onn•l
Th• remuneration of key managem8nt peT8onnel wa8 a8 follo￿..
2024
Aggregat• comp8n88llon
8.100
12 T•xatlon
The charfty18 exempt frnm lax¥llon on It8 advltie8 becau•• 811 Its Income Is applied for ¢horltat4• pU￿0¥e8.
13 Property, plant and equlpm•nt
Equlpm•fi¢
Co•t
Addillon8
10,IX5
At 31 O¢iob•r 2024
10,085
D•preelatlon and lfflp•lrm•nt
Depre￿9110￿ ¢harg•d Sn the period
2,517
Al 31 Orlober 2024
2,517
CArrylng amount
At 31 October 2024
7.548
14 Trad• •nd other r•celvable•
2024
Amounts f•lllng due wlthln one ye•r:
Other recelv8bies
3,772
13-

ANEW THING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
15 Currnnt Ilabllltles
2024
Acuuals and deffe￿•d Incom8
1.380
16 UDr••trlet•d lund•
The unrestricted fijndi olthe charity compn'se the unexpgnded b8lance8 of don8tlons and grants ¥thlch ar•
not subject to 8pecfftc condlfjons by donors and groniors as to how they rnay be u$&d. These include
de3lgnal?d fvnds whlch have been Sel asldv out of unrestricled fund8 by the Iw8tees for 8peclftc purp0888.
At 12 OctDb•r
2023
Incomlnq
oureo•
R￿QuIC￿ At 31 Octobor
?xpond•d
2024
Gener81 funds
180,378
(75,62n
84.749
17 Rel•t•d p*ty tr•nMctlon•
Th•r• were no diBcIoBabl8 related pfjty tranB8Ction8 durfng the p•rlod (- none).
14-