## **North Derbyshire New Life Church** 

## Annual Report 

Regarding the financial accounts of New Life Church for the year ending 31st July 2023 we can report a significant rise in income from £96,987 to £108,800 partly due to an increase in Gift Aid which was submitted late and so is included in this financial year and partly due to an increase in offerings. 

Whilst the tithe remained the same at £71,752 Gift Aid increased to £17,333 and it was encouraging to see the offerings increase from £13,546 to £19,614. 

In regards to expenditure our total expenditure our total outgoings increased from £99,715 to £110,346.  Once again the administration costs for the year were very low as we have no offices but work from home. £1,226 was spent covering auditing, bank charges, printing, postage & stationary, while advertising was just £894. 

Room hire costs rose from £12,068 to £18,031 due to increased meeting in person events and mileage costs went up to £2,421. 

Items for meetings shows an outlay of £744 which included bread, wine, Easter videos, Mothers’ Day flowers Fathers’ Day chocolates, coronation flags and refreshments. 

No costs were incurred in the category of Music, however Outreach expenditure nearly doubled from £535 to £1,052 as we gave gifts to Street Pastors, produced gospel tracts, evangelism and coronation booklets 

There were no costs incurred in the categories of Food & Catering as the church people have contributed collectively.  However we spent £490 on Pastoral Care including flowers cards and gifts to those in need. 

£1,825 spent on Equipment included P.A. speakers and 3 gazebos that we use for outreach purposes. 

The Ministry Gift of £7,631 was our tithe to Together Ministries Together Ministries oversee and help a number of churches. The increase from £6,100 was partly due to making up a shortfall in the previous year. 

We invested £484 into children’s work for craft supplies, bibles, selection boxes Easter eggs and our regular donation to MAST (Matlock & Area School Trust) who minister into local schools. 



The cost of Subscriptions was £817 which includes our giving to Alfreton Churches Together, Christians Together for Chesterfield and Zoom subscription, Microsoft Office and 2 year Anti-Virus cover.  There was also a £216 investment into the website for IT support. 

The £1,116 for Relief and Oversees donations included £500 towards Covenant College and £200 for Compassion UK. Also a special offering for the Turkey Earthquake appeal raised £1,660 which was sent out to the organisation. 

Another portion of expenditure is accounted for with the wages of four people who are involved in the equipping and discipleship of people across three congregations now in Chesterfield, Alfreton and Clay Cross. There are three leaders and a Pastoral/administrative P.A. The wages bill totalled £71,748 

In summary, we are pleased that the year saw an increase in our income. We have been able to keep the church on a firm financial footing while still investing heavily in our primary purpose and having a healthy bank balance of around £41,020. 

We are very grateful for the ongoing faithful giving into the church which indicates that people are on board with our vision to show the love and kindness of God to people within the church and our community. 

D V Bunting 

North Derbyshire New Life Church 



Balance Sheet
Cash H¥hJ
42,305
2.￿3
2.624
12
13
T¢*al LIthHII••
44901
13.8881
41.020
(7.42ei
G•n•ral Fund Total
15
Total Fund•
41

2022
Vo￿nty Inc(rfT
108,800
96,987
110M•O
Fundrai8iTrJ 8
894
2,396
1.116
1,660
110,346
99.715
114341
10V13
{3.8881
17.4261
52.334
52.334
$2,334
Fund• Canl•d Fomnl
UnrestriLled
Totsl

2.74)
17.333
19.614
71.752
zi
13.548
71
TUrktyA￿l
P¥e3

2023
2022
150
140
•94
1.116
18.031
157
1.825
12.ojg
Cthurch F*thf
744
1.127
724
1421
7.831
6,IrAJ
l.T
145
817
1S8
129
Tr8inWJ
71.748
216
71,076
1tOJ46
.718
P4e4

2022
71.748
71.¢176
0.15
0.15
135
11. TnMI•
WA
WA
1&Fw
9).758 ￿.
94.047 90.758
45.8501 (3865$>
17.1771 17.7951
(S3￿2?) 145.8501
41.020 44901
Pw5

North Derbyshtre New Life CIAKch

CHARITY COMMISSION
FOR AND WALES
Independent examinerfs report on the
accounts
Section A
Independont Examincr s Report
NORTh CERBYSHIRE NEW LIFE CHURCH
31 JULY 2023
Charlty no
(If any)
7LX)251
1to5
I reF￿ to the trustees ￿ my examination ofthe accounts of the above
chwity (Ihe Trusfi for ttk* year ended 31107r2023.
bA8ls of report
accounts m atrxyd￿ ￿th the requirem￿ ofthe Charths Act 2011
llhe W.
I rewt in respect of my examination of the Twsl's account$ out
urwjer sed1￿ 145 d the 2011 Ad and in Ca￿￿1n9 Ixrt my examination, I
follcM*d all the ap￿Kable Directions given by thg Charty Comm*51
sela1￿ 1495)(b) of A
Indepndent I have ecrfnF￿d my exaM￿atiOn. I that no maten.al matter5 h
cause to b8lieN* that in. any malen'al respecl..
of the Charilies Ad: or
th8 accounts dMI not comply with thg appbcable requirements
corKemry the fomi and c4Yrtent of a￿Ount5 set (Mjt in the Charit*s
(Act￿nts and Repc¥is) Regulations 2CK)8 thher than any requirement
that the accounts giwa a In￿ and fairf view whth is not a matter
OMKlered as part of an independwrt examin81ion.
vath the ex*ninatiw to att¢nbon should be drawn in this report in
order to enable a woper uThJerstandiryJ of accounts to be reachwj.
ANDREW PAUL RUSSELL
Rèlevant pyof•Mlonal
qu•lfficattorf8) or body
Ill anyl."
FKiiAT, FFA
APR ACCOUNTANCY SERVICES LIMITED
SbLAN HOUSE. 8fy86 NORTH STREET. KEIGHLEY. BD213AF