NEW WAYS

Registered charity 1035688 · accounts filings on the Charity Commission register

Latest income
£396k
Latest spending
£361k
Registered
1994
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total funds increased to £311,287, with unrestricted reserves of £148,145 exceeding the trustees' stated minimum policy target of £50,000. The charity reported a net income of £24,910, supported by significant restricted funding from grant-making organisations, while maintaining low administrative costs through volunteer support.

What the accounts disclose

Reserves policy: minimum level of £50,000 (held: £148k)
The trustees propose to maintain the charity's reserves at a minimum level of £50,000 — page 6
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by WDM.

Public fundraising profile: JustGiving — New Ways (matched by registered charity number).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ethiopia · Kenya · Malawi · South Sudan

Income and spending

Financial year endIncomeSpending
31/12/2024£396k£361k
31/12/2023£460k£435k
31/12/2022£485k£456k
31/12/2021£430k£360k
31/12/2020£281k£347k

Common questions

Is NEW WAYS financially healthy?

The accounts state that total funds increased to £311,287, with unrestricted reserves of £148,145 exceeding the trustees' stated minimum policy target of £50,000. The charity reported a net income of £24,910, supported by significant restricted funding from grant-making organisations, while maintaining low administrative costs through volunteer support. Its FY2023 accounts were audited by WDM.

Who funds NEW WAYS?

Funders whose own accounts filings name NEW WAYS as a grant recipient include ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT, THE RAINFORD TRUST, THE PETER STEBBINGS MEMORIAL CHARITY, CBRE UK CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NEW LIFE HOME TRUST UK CIO.