Governance & Financial Information
New Life Church Ltd is a registered charity in Singapore. We are committed to stewarding faithfully what has been entrusted to us, and to being open with our members and the wider public about how the church is governed and how its resources are used.
1. Registration Details
Unique Entity Number (UEN): 198403049K
Legal form: Public company limited by guarantee
Registered charity since: 1984
Registered address: 11 Sims Drive #03-04, SCN Centre, Singapore 387385
Financial year end: 30 June
Auditor: NLA DFK Assurance PAC
New Life Church Ltd is a registered charity but does not hold Institution of a Public Character (IPC) status. Offerings and donations to the church are therefore not tax-deductible.
2. Governance Structure
New Life Church Ltd is governed by two bodies. The Board of Elders are the directors of the company and hold ultimate legal responsibility for the church. The Church Council is the highest management body, responsible for the decisions and day-to-day running of the church, including oversight of programmes, finances and governance. Members of both bodies serve without remuneration.
Board of Elders (Directors)
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Grace Lim Chiew Buay
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Lim Geok Huat
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Peh Kok Hwa
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Cheong See Hock
Church Council
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Timothy Peh — Chairman, appointed 1 January 2025
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Victor Lim — Treasurer, appointed 1 January 2025
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Gavin Lu — Lead Pastor and Council Member, appointed 1 January 2025
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Lim Geok Huat — Council Member and Elder, appointed 1 January 2025
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Cheong See Hock — Council Member and Elder, appointed 1 January 2025
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Chng Shih Hian — Council Member, appointed 1 January 2025
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James Tan — Council Member, appointed 1 January 2025
Staff
The church has one member of staff, our Lead Pastor Gavin Lu, whose profile is on our About page.
3. Financial Information
The figures below are drawn from our audited financial statements for the financial year ended 30 June 2025. The full breakdown of income and expenditure, and the independent auditor's report, are set out in our Annual Report and on the Charity Portal.
Total income: $278,344 (FY2024: $269,636)
Total expenditure: $316,277 (FY2024: $318,176)
Deficit for the year: $37,933 (FY2024: $48,540)
Accumulated fund at 30 June 2025: $1,245,033 (FY2024: $1,282,966)
The church is funded mainly by the tithes and offerings of its members, together with rental income from properties it owns. A deficit was recorded in both financial years.
The church holds reserves to provide financial stability and continuity of ministry in the event of unexpected shortfalls in funding. The Council reviews the level of reserves annually and considers it adequate for the church's size and scope of activities. The church held no restricted or endowment funds during the financial year.
4. Governance and Accountability
Conflict of interest. Council members and staff are required to declare any actual or potential conflicts of interest. Where a conflict arises, the individual concerned abstains from the relevant decision, and all declarations are recorded and reviewed annually.
Fund-raising. The church does not engage professional fund-raisers or commercial fund-raising agencies. Offerings are received voluntarily during worship services and at designated events, and the Council reviews and approves all fund-raising activities.
Related party transactions. The church is a member of Life Edu Services Ltd, a company limited by guarantee. During the financial year the church donated $1,000 per month, or $12,000 for the year, in support of Life Edu Services' activities, and Life Edu Services rented the Circuit Road property from the church at a nominal fee of $1 per month to run its programmes. These arrangements were approved by the Council and are disclosed in the financial statements.
5. Annual Report and Audited Statements
Annual Report for the financial year ended 30 June 2025
Our annual report, audited financial statements and Governance Evaluation Checklist are submitted each year to the Commissioner of Charities within six months of our financial year end, and are published in full on the Charity Portal for public viewing.
A copy of the audited financial statements may also be requested from the church office.