MARKET RASEN NEW LIFE CHRISTIAN FELLOWSHIP TRUST
Demonstrating and advancing the Christian Faith and relieving need in our community and further afield. We do this through regular services, small groups midweek & through range of outreach activities.
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £522,770, with free reserves of £31,671 held against a policy target of £25,000. The charity reports adequate provision to meet charitable objectives and running costs, with no material uncertainties disclosed regarding its ability to continue as a going concern.
What the accounts disclose
“We currently regard it prudent to have a reserve fund of £25,000” — page 6
“During the year remuneration of £26,984 (2023: £12,133) was paid to M Forsythe the husband of the trustee E Forsythe for his employment role as Church Centre manager.” — page 19
“Donations made to the church by trustees during the year amounted to £25,014.” — page 19
“During the year remuneration of £26,984 (2023: £12,133) was paid to M Forsythe the husband of the trustee E Forsythe for his employment role as Church Centre manager.” — page 19
“Donations made to the church by trustees during the year amounted to £25,014.” — page 19
Trustees
- GEOFF TAYLORchair
- Estelle FORSYTHE
- Michael MAY
- NORMAN PALMER
- RHONA VIVIEN SHEPPARD
- Sheila GRIFFITHS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £354k | £166k |
| 31/12/2023 | £159k | £120k |
| 31/12/2022 | £142k | £98k |
| 31/12/2021 | £83k | £74k |
| 31/12/2020 | £68k | £68k |
Common questions
Is MARKET RASEN NEW LIFE CHRISTIAN FELLOWSHIP TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased to £522,770, with free reserves of £31,671 held against a policy target of £25,000. The charity reports adequate provision to meet charitable objectives and running costs, with no material uncertainties disclosed regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Who funds MARKET RASEN NEW LIFE CHRISTIAN FELLOWSHIP TRUST?
Funders whose own accounts filings name MARKET RASEN NEW LIFE CHRISTIAN FELLOWSHIP TRUST as a grant recipient include SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION, GROUND LEVEL MINISTRY TEAM.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | FY2025 | £3k | |
| GROUND LEVEL MINISTRY TEAM | FY2025 | £1k | |
| GROUND LEVEL MINISTRY TEAM | FY2021 | £250 | Love your neighbour project |
| GROUND LEVEL MINISTRY TEAM | FY2022 | £175 | Love your neighbour project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CATALYST NETWORK OF CHURCHES | 1 | £656k |
| THE SACHS FOUNDATION | 1 | £383k |
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £200k |
| GATEWAY CHURCH ASHFORD | 1 | £16k |
Charities like this
- NEW LIFE CHRISTIAN CENTRE INTERNATIONAL
- NEW LIFE CHURCH LETCHWORTH CIO
- NEW LIFE CHRISTIAN CENTRE (CROYDON)
- NEW WAY CHRISTIAN LIFE FELLOWSHIP UK
- NEW LIFE CHURCH RUGBY
- NEW LIFE CHURCH MILTON KEYNES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MARKET RASEN NEW LIFE CHRISTIAN FELLOWSHIP TRUST | £354k | — | 0 | above | — | no doubt |
| NEW LIFE CHRISTIAN CENTRE INTERNATIONAL | £248k | — | 0 | above | — | no doubt |
| NEW LIFE CHURCH LETCHWORTH CIO | £115k | — | 0 | above | — | no doubt |
| NEW LIFE CHRISTIAN CENTRE (CROYDON) | £1.3m | Under £60,000 | 0 | above | 0.0% | no doubt |
| NEW WAY CHRISTIAN LIFE FELLOWSHIP UK | £247k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH RUGBY | £428k | Under £50,000 | 0 | unclear | — | no doubt |