North Derbyshire New Life Church Annual Report Regarding the financial accounts of New Life Church for the year ending 31 st July 2024 we can report that we had a similar amount of income to that of 2023 and we still have a healthy balance of £37,931. We are encouraged that the tithes have gone up by approximately £3,000 from £71,752 to £74,884. Gift Aid was similar to the previous year but the offerings were down from £19,614 to £12,997 which retumed to a 2022 level. Donations came in at £2,630. There were restricted and designated funds of £4,468 which included additional giving of £75 to the Scarborough trip, £1,021 emergency gift to a member of the church in difficulty, £153 to Pathways, £875 to Covenant College, £464 to help with funeral costs, £1,130 gift to a minister on retirement and £750 to the Watoto Choir of orphaned children from Uganda perfonning a concert to raise money for the education and care of the children. In regards to expenditure our total expenditure were similar to 2023 at £115,038. Once again the administration costs for the yearwere very low as we have no offices but work from home. £1,345 was spent covering auditing, bank charges and printing. Room hire costs were similar to 2023 at £17,456 paying for Sunday venues and halls needed for any further events. Items for meetings shows an outlay of £706 which included videos, refreshments and items for Easter and Christmas services. Also new P.A. speakers were bought and costs included in the equipment category. Pastoral expenditure was £241 which included costs incurred in the giving of flowers for specific occasions. Gifts to those in need rose to £1,313 which included £180 to Tearfund, £347 to Pathways, giving to Ashgate Hospice and as already mentioned help for people in difficulty. Hospitality costs were to provide ovemight accommodation for the drivers of the Watoto Choir.
Outreach expenditure trebled to £3,168 which is encouraging as it reflects the fact that we had the money to spend on one of our main primary purposes. The outgoings included a Scarborough trip which was opened out to others, a church picnic, BBQ outreach, Hasland Community Gala, Alpha Course kit and Chesterfield Street Pastors. We invested £179 into King's Kids which is our children's work and children's meeting. This included craft supplies, and our regular donation to MAST (Matlock & Area School Trust) who take the Christian message into local schools. The cost of Subscriptions was £768 which includes our giving to Alfreton Churches Together, Christians Together for Chesterfield. These groups facilitate churches coming together to reach into our communities. We also paid out for Zoom subscription and Microsoft Office. The £1,115 for Relief and Development included £380 given to Compassion, gifts to Huddersfield to Ukraine Humanitarian Aid, Help International Zambia to help with replacing a roof and £125 to Toilet Twinning helping to provide better sanitation in poorer countries. We also spent £417 on our website and intemet plus £653 on insurance including public liability. P.A. systems cover and personal accident and legal protection. The annual music licences for both Chesterfield and Alfreton groups cost £822. Other expenses £145 on Safeguarding, £1,613 on telephone, mobile and broadband for the church leaderslministries. Website costs included £172 to Go Daddy and £245 for Square Space. Regarding costs for ministries and leaders we gave a ministry gift of £6,425 to Together Ministries. They oversee and help a number of churches including ourselves and work into Africa where they have built and now run a Bible School in South Africa. Another portion of expenditure is accounted for with the wages of four people who are involved in leadership, in equipping and discipleship of people within the church and who work into our community. There are three leaders and a Pastoralladministrative P.A. The wages bill totalled £71,073 In summary, we are pleased that we have been able to keep the church on a fimi financial footing having a healthy bank balance. It is our intention
to look to greater income so that we can increasingly invest in people's lives within the church, into our community and our primary purpose. However we will continue to look at the finances with wisdom and cut our cloth according to the means of the church. Finally 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 those within the church and also into our communities where we hope to have a positive impact. D V Bunting North Derbyshire New Life Church
North Derbyshire New Llfe Church Accounts for thÈ year to 31 July 2024 Balance Sheet Nots• 2024 2023 Current As•ots Cash Held Current Account Deposrt Account Debtors & Prepayments 35.269 2,662 38.396 2,624 12 Total Currant A8••ts 37,931 41.020 Uabllltie Creditors 13 Totsl Uabllltl•• Total N•t A•••ts 37,931 R•pr•••nted by Gon•ral FurKI Brought foNrnrd Movement this year General Fund Tolal 41,020 {3.089) 37.931 (3,888) 41,020 15 R••trlct•d Fund• Brought foThvard Movement this year R•strlctod Fund• Totsl Totsl Funds 37,931 41,020 Slgned on behalf ol th• tru•to 12th March 2025
North Derbyshire New Life Church Accounts for the year to 31 Jufy 2024 Statement of Financial Actlvttle• Notes 2024 2023 Incomlng Resources Eamed Income Voluntary Income Restricted Fund Income 107.481 108.8 Total Incomlng R•8ourc 111.949 110.460 R•sources Used Administration & Management Fundraising & Publicty Grants Restricted Fund Grants Towards our Primary Purpose 1.345 632 1.115 1,226 1.116 107,478 110,348 Total RMouru8 U••d 115,038 114348 Not Incomlng l (Outgolng) of Rwourc•• (3,089 13,888) Fund8 brought foTrvard Unrestricted Restricted Total 41,020 44,908 41,020 Fund• Carrl•d Forward Unrestrlcted Restricted Total 37,931 41,020 37,931 41,020
North Derbyshi New Life Church Accounts for the year to 31 July 2024 Notss fornilng part of th8 flnanclal •tatamants 1. Accounting Policies a) These accounts have been prepwed in acairdance Tmih th• Charrtses Aca 2011. b) These accounts afe prepared on a ReIPts •Trd PayTnants basis. Thry givo a In and fotr of the State of aff8j.rs of the thwty. c) Voluntsry irmne is received by way of don8b'on$ and syfts from mombers of th• chw( and 18 inthded In fidl In the SOFA re.¥•bI•. Tho value ol womdfjd by voluntoorn has not been induded. d) ImIng r•soUr from Ihe HMRC (Glft Akl) arn IncKMled on the SOFA utM)n receipL o) Bank d8po8rt interest th inLaled in the accolts kn rKeNed. ry RMource8 eypended are reo)gnis•d in the penod in they are pakl. gl Liabilth'eg aro rKognAod a8 there Is a legal or C(ns1nKti oblyallon carnmrtng the Qlanty to the expenditure. h) Re8ource$ expendod arn •lIoted to tho ParlIf a(vty Wh the c08t relat08 directy to trt acmy. Unltrd FuThJs ar8 donakns Irom tho churc members. and are gift-aKI dairnod on thom d¢ThtlX8, for th• obJo(8 of th• iltthrt speafied purpw arKI are ble a• gorwal ft8. k) D•synated Fund8 ore ufire•trk fvnds •am)arf(ed by tru¥teei for pthlar pu8. l) Rostrlclad FurKJ8 aro to be used for yufi¢ pUry1 as lald by the donor. Expenditwe whlth meet8 thue ¢>lterla o (*arged to the fvnd a lak all(Kation of rnanagwn•nt ind •upwt ti. 2024 2023 l Eam•d Incom• Indud•4 f•M chargad for o)nforvnc08 etc arKI olher sundry ttomi IrKludky Int8rn11 3. Vdunt•ry IncLYn• DonaOon8 & R•fiJnd8 Glft AKJ Refund• Offertngs Tthes Bank Internst R•c•lv•d 16.932 12.997 74,884 38 17,333 19.614 71.752 21 107881 108.aoo 4. RMtrlct•d Fund Incom• l)esi8nated Gifts S. Admlnl•trallon & Managemont Auditing Bank Charge8 Church Offi¢e Pnnting, Postsge. Ststior 185
14orth Defbwiire New fe Church Accounts for the year to 31 July 2024 2024 2023 . Fundral•lng & Publlelty Advertising 832 632 7. Gr•nts Relief & Developrmnt Oversea• Grants 1.115 1,116 1.115 1,118 . ReJtrl¢W Fund Grants Gifts to Needy Relief & Development Other 1,625 1,205 g. Toward• our Prlmary Purpo Accomod8lJon Room Hire Church Famhty EquiKwnent Entfjrtalnment Food & Caterlng Gifts to the Neaty Hol91Y Imurnnce It•m8 lor rrotingJ Kids Lic•nce Mileage Ministy Glftj Mu•lc & Equipffnt Outrea Pa8tOfal Professional Fees Repairs & Maintenanca Saleguardlng Sub•¢yiption• SurKlry Expen8e8 Training Telephena Teachi Wages Web8rt0 & Intemel 17.456 18,031 157 1,825 229 1.313 118 814 744 179 822 1.931 8,425 764 2,421 7.631 3.168 241 145 817 185 158 1,613 71.073 417 71.748 218 107.478 110.346
North Derbyshi New Life Church Accounts for the year to 31 July 2024 2024 2023 10. Staff Co•ts and Nufflb•r• Slaff Salaries & Wages 71,073 71.748 No employee received emoluments of mcxe than £80.CKM) The numbern •rnployed dumg the year. calcula1 on the basis of futi equivabonts follow8 Church Mini8tern Admintrator 0.15 0.15 136 136 11. Tru•l• No trustse rocelve6 remunerats'on or any other beneffto from the Ghanty for bth'ng a trustee. The iwti churth rnhl•tern, are trustses. are paid atrdIng lo Ihe schedube outlinod In note 10 above. WA 13. Cr•dltorn WA 14. In•urnnc• Th• Charlty hu adequate Public Insurance. 18. Fund• For oporaloml purpo888, 9on•rnl fund• are d•signatod 48 follcms. 94,047 90,758 5,184 3,289 99,231 94,047 Mcvem•nt Offerln (53.0271 {45,8&01 18.2731 17.1771 161.3001 153,0271 Movernenl Total Canl•d foThvard 37.931 41,020
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl memb•rn of NORTH DERBYSHIRE NEW LIFE CHURCH On accounts for the yoar ended 31 JULY 2024 Charlty no (If any) 700251 Set out on pag•8 1to5 I report to the trustees on my examination of the accounts of the above charity (Ihe Trust") for the year ended 3110712024. Responslbllltles and basis of rnport As the charity's trustees, you are r8spon8ibl8 for the preparation of the accounts in accordance wth the requirements of the Charities Act 2011 ("the Act.). I r8POrt in respect of my examination of the Trust's accounts camed out under section 145 of the 2011 Act and in carrying out my examination. I have foll0vd all the applicable Directions given by the Charlty Commi88ion under Section 14515)(b) of the Act. Independent I have completed my 8xamination. I confirm that no material matters have oxamlnorfs statsmont come to my attention in connection with the examination which give8 me cause to believe that in, any material respect. the accounting records We not ke0 in accordance wrth 8ection 130 of the Charitie8 Act", or Ihe accounts did not accord with the accountiry record8; or the accounts did not comply with the applicable requirements conceming the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the account8 give a Irue and fair. view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matter8 in connection wrth the examination to which attention should be drawn in thi8 report in order lo enable a proper understanding of the accounts to be reached. Slgn•d: Dats: Ir Name: ANDREW PAUL RUSSELL Relovant profegslonal qualiflcatlon(s) or body (If any): FMAAT , FFA Addreu: APR ACCOUNTANCY SERVICES LIMITED SHAN HOUSE, 80-86 NORTH STREET, KEIGHLEY, BD213AF