Company registration number: CE038255 Charity registration number: 1210999 **NEWCASTLE IPC CHURCH TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 19 NOVEMBER 2024 TO 31 DECEMBER 2025** Global AS UK Limited ## **Newcastle Ipc Church Contents** ||**Page**| |---|---| |Trustees' Report|1—2| |Independent Examiner's Report|3| |Statement of Financial Activities (including Income and Expenditure Account)|4| |Balance Sheet|5| |Notes to the Financial Statements|6—8| |The following pages do not form part of the statutory accounts:|| |Detailed Statement of Financial Activities (including Income and Expenditure Account)|9| ## **Newcastle Ipc Church Company No. CE038255 Trustees' Report For the Period 19 November 2024 to 31 December 2025** The trustees present their report and the financial statements for the period ended 31 December 2025. ## **Objectives and Activities** ## **Aims and Objectives** The advancement of the Christian faith worldwide in accordance with the Doctrines and Core Beliefs of the Church. The charity aims to preach the Gospel, operate local community outreach programmes, support missionary work, and provide a place of worship to nurture the spiritual and physical well-being of the community. ## **Public Benefit** The trustees have given due consideration to the Charity Commission’s general guidance on public benefit. The charity provides a public benefit by holding regular open-to-all worship services, conducting pastoral care, providing youth and community community programs, and supporting relief work for those in financial or social hardship, regardless of their background or beliefs. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. ## **Reference and Administrative Details** ## **Trustees** Mr Rajeev Daniel Mr Jomon Joy Mr Winny Issac Mr Agin John Varghese - Chair Mr Jobin Antony ## **Charity Number** 1210999 ## **Company Number** CE038255 ## **Independent Examiner** Joshy Mani Global AS UK Limited Page 1 ## **Newcastle Ipc Church Trustees' Report (continued) For the Period 19 November 2024 to 31 December 2025** ## **Small Company Rules** This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The trustees' report was approved by the board of trustees and signed on its behalf by: Mr Jobin Antony Trustee 22/06/2026 Page 2 ## **Newcastle Ipc Church Independent Examiner's Report to the Trustees of Newcastle Ipc Church For the Period 19 November 2024 to 31 December 2025** I report to the charity trustees on my examination of the accounts of the Company for the period ended 31 December 2025. ## **Responsibilities and Basis of Report** As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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. Joshy Mani 22/06/2026 Page 3 ## **Newcastle Ipc Church Statement of Financial Activities (including Income and Expenditure Account) For the Period 19 November 2024 to 31 December 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
**EXPENDITURE ON:**
Raising funds
**4**
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**10**|**31**
**December**
**2025**
**Unrestricted**
**funds**
**£**
22,985| |---|---| ||(16,582)| ||6,403| ||6,403
-| ||6,403| The notes on pages 6 to 8 form part of these financial statements. Page 4 ## **Newcastle Ipc Church Balance Sheet As At 31 December 2025** |**Notes**
**FIXED ASSETS**
Tangible Assets
**8**
**CURRENT ASSETS**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**9**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**10**|**31**
**December**
**2025**
**Unrestricted**
**funds**
**£**
1,448| |---|---| ||1,448
4,956| ||4,956
(1)| ||4,955| ||6,403| ||6,403| ||6,403| ||6,403| For the period ending 31 December 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. On behalf of the board Mr Rajeev Daniel Trustee 11/06/2026 The notes on pages 6 to 8 form part of these financial statements. Page 5 ## **Newcastle Ipc Church Notes to the Financial Statements For the Period 19 November 2024 to 31 December 2025** ## 1. **General Information** Newcastle Ipc Church is a company limited by guarantee, incorporated in England & Wales, registered number CE038255 and registered charity number 1210999. The registered office is . ## 2. **Accounting Policies** ## 2.1. **Basis of Preparation of Financial Statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. ## 2.2. **Incoming Resources** Incoming resources are recognized in the financial statements when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received, and the amount can be measured reliably. Voluntary Income: Tithes, offerings, and donations are recognized upon receipt. Gift Aid: Income tax recoverable on Gift Aid donations is recognized when the underlying donation is received and the claim is validly submitted to HMRC ## 2.3. **Resources Expended** Liabilities are recognized as resources expended as soon as there is a legal or constructive obligation committing the charity to that expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Charitable Activities: This includes all costs incurred by the church in delivery of its activities and services for its beneficiaries, including ministry costs, church maintenance, and community outreach. Governance Costs: Includes costs associated with the constitutional and statutory requirements of the charity, such as independent examination fees and legal compliance. ## 2.4. **Tangible Fixed Assets and Depreciation** Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Motor Vehicles 15 % on reducing balance Fixtures & Fittings 15 % on reducing balance Computer Equipment 15 % on reducing balance ## 2.5. **Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. ## 3. **Income from Donations and Legacies** Page 6 **Newcastle Ipc Church Notes to the Financial Statements (continued) For the Period 19 November 2024 to 31 December 2025** |Donations and gifts
Member subscriptions and sponsorships
4.
**Analysis of Expenditure**
Raising funds
5.
**Support Costs**
Employee costs
Premises expenses
General administration
6.
**Staff Costs**
Staff costs were as follows:
Wages and salaries|**Activities**
**undertaken**
**directly**
**£**
481|**Support**
**costs**
(see note 5)
**£**
16,101|**31**
**December**
**2025**
**Unrestricted**
**funds**
**£**
3,886
19,099| |---|---|---|---| ||||22,985| ||||**31**
**December**
**2025**
**Total**
**£**
16,582| ||||**31**
**December**
**2025**
**Raising**
**funds**
**£**
7,419
7,040
1,642| ||||16,101| ||||**31**
**December**
**2025**
**£**
4,625| No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. 7. **Average Number of Employees** Average number of employees during the period was: 2 Page 7 **Newcastle Ipc Church Notes to the Financial Statements (continued) For the Period 19 November 2024 to 31 December 2025** |8.
**Tangible Assets**
**Cost**
As at 19 November 2024
Additions
As at 31 December 2025
**Net Book Value**
As at 31 December 2025
As at 19 November 2024
9.
**Creditors: Amounts Falling Due Within One Year**
Trade creditors
10.
**Movement in Funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 19**
**November**
**2024**
**£**
-|**Income**
**£**
22,985|**Expenditure**
**£**
(16,582)|**Fixtures &**
**Fittings**
**£**
-
1,448| |---|---|---|---|---| |||||1,448| |||||1,448| |||||-| |||||**31**
**December**
**2025**
**£**
1| |||||**As at 31**
**December**
**2025**
**£**
6,403| ||-|22,985|(16,582)|6,403| ## 11. **Transactions with Trustees** During the period the expenses reimbursed to the trustees or paid directly to third parties were as follows: **31 December 2025 £** 12. **Related Party Disclosures** 13. **Company limited by guarantee** The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. Page 8 ## **Newcastle Ipc Church Detailed Statement of Financial Activities (including Income and Expenditure Account) For the Period 19 November 2024 to 31 December 2025** |**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Gifts in kind
Membership subscriptions
Sponsorships
**EXPENDITURE ON:**
**Raising funds**
Purchases
Wages and salaries
Travel expenses
Subsistence expenses
Rent
Computer and IT consumables
Repairs, renewals and maintenance
Insurance
Printing, postage and stationery
Bank charges
Sundry expenses
**NET INCOME**|**31**
**December**
**2025**
**Total**
**funds**
**£**
3,886
18,544
555| |---|---| ||22,985| ||22,985
(481)
(4,625)
(143)
(2,651)
(7,040)
(90)
(383)
(76)
(1,065)
(27)
(1)| ||(16,582)| ||(16,582)| ||6,403| Page 9