NEW LIFE CHURCH CAMBRIDGE
Latest income
£114k
Latest spending
£114k
Registered
1993
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with an operating surplus of £8,293, increasing net cash funds to £78,410. Per the trustees' report, unrestricted cash held was £66,060, which exceeds the three months' expenditure target set by their reserves policy. The trustees expressed broad confidence in the stability of the finances.
What the accounts disclose
Reserves policy: three months' expenditure (held: £66k)
“At the year end the level of unrestricted cash held was £66,060 (2023: £61,676), which is greater than the three months' expenditure required by our reserves policy.”
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- David Alan Silver MA Cantab
- Dr Joanna Helen Salmon MBiol PhD
- IAN STEPHEN RAWLEY
- Isobel Faith Summers
- Martin Wilde MA Cantab
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £114k | £114k |
| 31/08/2024 | £100k | £92k |
| 31/08/2023 | £89k | £85k |
| 31/08/2022 | £83k | £85k |
| 31/08/2021 | £93k | £83k |
Common questions
Is NEW LIFE CHURCH CAMBRIDGE financially healthy?
The accounts state that the charity ended the year with an operating surplus of £8,293, increasing net cash funds to £78,410. Per the trustees' report, unrestricted cash held was £66,060, which exceeds the three months' expenditure target set by their reserves policy. The trustees expressed broad confidence in the stability of the finances. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SACHS FOUNDATION | 1 | £383k |