New Life (Aberdeen)
Report and Accounts Year ended 31 March 2026
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
NEW LIFE (ABERDEEN)
COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2026
Trustees
Governing Document
Lewis David Campbell Rosemary Campbell David Johnson Alisdair John McKibben Memorandum and Articles of Association dated 29 July 2014
Company Registration Number SC471285 (Closed 22nd April 2026 due to conversion to SCIO) Charity Registration Number SC030494 Principal Address & Registered Office 1 Endrick Place Aberdeen AB15 6EF
Independent Examiner
Hannah Clack Stewardship 1 Lamb's Passage London EC1Y 8AB
Bankers
Royal Bank of Scotland 40 Albyn Place Aberdeen AB10 1YN
| Contents | Page |
|---|---|
| Company Information | 1 |
| Trustees' Annual Report | 2-3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7-8 |
Page 1
NEW LIFE (ABERDEEN)
TRUSTEES ANNUAL REPORT
1 APRIL 2025 – 31 MARCH 2026
The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the financial year ended 31 March 2026.
OBJECTIVES, ACTIVITIES, AND ACHIEVEMENTS
New Life is a Christian organisation with a focus on meeting needs, transforming lives, and restoring community; these are expressed in one or more of the following: The advancement of religion and specifically the advancement of the gospel of the Lord Jesus Christ; the prevention or relief of poverty; the advancement of education; the advancement of citizenship or community development; the advancement of the arts, heritage, culture, or science; the provision of recreational facilities, or the organisation of recreational activities with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended; and the relief of those in need by reason of age, ill health, disability, financial hardship, or other disadvantage.
We have taken opportunity to serve and support a number of people in a variety of circumstances. These have included things such as bereavement, job loss, alcoholism, loneliness, relationship troubles, sickness, family disputes, mental health, housing problems, and more. We’ve served and supported by providing practical help, emotional support, and most importantly spiritual direction and guidance. In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
STRUCTURE, GOVERNANCE, AND MANAGEMENT
New Life (Aberdeen) is a charitable company limited by guarantee. It is governed by its constitution, and is under the control of the Board of Directors (the charity Trustees). New trustees are recruited by the current trustees and appointed by special resolution in accordance with the articles of association. New trustees are advised of their responsibilities on appointment.
The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and estimates that are reasonable and prudent;
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state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
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The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
FINANCIAL REVIEW, RESERVES POLICY, AND DONATED SERVICES
The trustees monitor the reserves and future commitments to ensure a continuing ability to meet the charity’s objectives. The charity ended the year with a small deficit of £468 and as a result the charity held unrestricted funds of £4,530 as at the reporting date. We aim to keep sufficient funds in reserve to meet regular commitments for a period of three months. Our policy is not to use bank overdraft facilities or any other form of debt. The charity complied with the reserves policy throughout the financial year. We are grateful for the time and energy given to the charity by volunteers.
APPROVAL
This trustees annual report was approved by the trustees, as the company directors, and signed on their behalf by:
R Campbell Trustee
Date:
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INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
NEW LIFE (ABERDEEN) ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026 on pages 5 to 8 following, which have been prepared on the basis of the accounting policies set out on page 7-8.
Respective responsibilities of trustees and examiner
The charity’s trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply.
It is my responsibility to examine the accounts as under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be in an audit, and I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection
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to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
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to prepare prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations
have not been met, or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Hannah Clack Stewardship 1 Lamb's Passage London EC1Y 8AB
Date:
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NEW LIFE (ABERDEEN)
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2026
| Note INCOME AND ENDOWMENTS FROM: Donations 3 Investments 4 Total income and endowments EXPENDITURE ON: Charitable activities 5 Other Total expenditure Net income/(expenditure) Transfers between funds Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 1,080 10 1,090 1,558 - 1,558 (468) - (468) 4,998 4,530 |
Restricted Funds £ - - - - - - - - - - - |
Total Funds 2026 £ 1,080 10 1,090 1,558 - 1,558 (468) - (468) 4,998 4,530 |
Total Funds 2025 £ 2,141 14 2,155 1,331 - 1,331 824 - 824 4,174 4,998 |
|---|---|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The statement of financial activities also complies with the for an income and expenditure account
There were no restricted funds this year or in the previous year.
The notes on page 7-8 form part of these accounts.
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NEW LIFE (ABERDEEN)
BALANCE SHEET
AS AT 31 MARCH 2026
| Note CURRENT ASSETS Cash at bank and in hand 6 CREDITORS: Amounts falling due within one year 7 Net current assets / (liabilities) TOTAL NET ASSETS FUND BALANCES Unrestricted Funds General funds Restricted Funds |
Unrestricted Funds £ 5,550 5,550 (1,020) 4,530 4,530 4,530 4,530 - 4,530 |
Restricted Funds £ - - - - - - - - - |
Total Funds 2026 £ 5,550 5,550 (1,020) 4,530 4,530 4,530 4,530 - 4,530 |
Total Funds 2025 £ 6,018 6,018 (1,020) 4,998 4,998 4,998 4,998 - 4,998 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.
The members have not the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.
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The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities (a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the of Sections 394 and 395 and which otherwise comply with the of the Companies Act 2006
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relating to financial statements, so far as applicable to the charitable company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Directors and were signed on its behalf by:
R Campbell Date: _______
Company number: SC471285 (Closed 22nd April 2026 due to conversion to SCIO)
Charity number: SC030494
The notes on page 7-8 form part of these accounts.
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NEW LIFE (ABERDEEN)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2026
1 Statutory Information
The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.
2 Accounting Policies
These financial statements are prepared on a going concern basis, under the historical cost convention.
These financial statements have been prepared in accordance with the Charities and Trustee investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and 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) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Companies Act 2006. The charity meets the definition of a public benefit entity as set out in FRS 102.
The principles adopted in the preparation of the financial statements are set out below.
a) Going concern
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
b) Income Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
Investment income represents income generated by the charity's assets and includes income from bank interest.
c) Expenditure
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a
The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
There were no costs associated with raising funds during the year.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory
d) Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. There were no restricted funds during the current financial year.
e) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
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f) Exemption from preparing a cashflow statement The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.
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g) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.
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NEW LIFE (ABERDEEN)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2026
3 Donations
| Donations of cash and similar 4 Investment income Bank interest 5 Charitable expenditure a Costs incurred directly on specific activities Insurance Office costs Governance costs Independent examiner's fee Other Total expenditure |
2026 £ 1,080 1,080 2026 £ 10 10 2026 £ 187 231 418 1,020 120 1,140 1,558 |
2025 £ 2,141 2,141 2025 £ 14 14 2025 £ 172 36 207 1,020 104 1,124 1,331 |
|---|---|---|
The fee payable to the independent examiner for preparing and examining the accounts was £1,020 (2025: £1,020); in addition the charity paid £70 to Stewardship for consultancy services.
6 Cash at Bank and in Hand
| Cash at bank with immediate access itors: liabilities falling due within one year Accruals |
2026 £ 5,550 5,550 2026 £ 1,020 1,020 |
2025 £ 6,018 6,018 2025 £ 1,020 1,020 |
|---|---|---|
7 Creditors: liabilities falling due within one year
8 Transactions with related parties
There have been no transactions with related parties and no payments to trustees for expenses during the current or preceeding year.
9 Events since the year end
For non-adjusting post balance sheet events, disclose:
- On 22nd April 2026 the chairty coverted from a charitable company to the SCIO. The charity expect to produce receipts and payments accounts for 31 March 2027
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