NEW INGREBOURNE TRUST
The primary purpose is to facilitate, enable and support local Christian ministry projects in Havering and beyond.
Objects
A. RELIEF OF POVERTY B. THE ADVANCEMENT OF THE CHRISTIAN FAITH C.THE ADVANCEMENT OF EDUCATION D. OTHER CHARITABLE PURPOSES BENEFICIAL TO THE COMMUNITY IN PARTICULAR BUT NOT EXCLUSIVELY:- 1. FOR THE BENEFIT OF THE PEOPLE OF HAROLD WOOD ESSEX AND BEYOND AND 2. BY THE PROCLAMATION AND TEACHING OF THE WORD OF GOD AND THE TESTIMONY OF JESUS CHRIST AS SET FORTH IN SCRIPTURE
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves amounted to £2,975 at year-end, which the Trustees acknowledge is well below what is required for normal operations. Despite this low reserve position, the Trust reported an operating surplus of £83 for the year and maintains net assets of £384,070, largely driven by a revaluation reserve of £270,296.
What the accounts disclose
“At the year end the unrestricted reserves amounted to £2975 which the Trustees realise is well below what is required for normal operations.” — page 4
“The Trust owns a property known as 8 Archibald Road which was purchased in 1994 by a number of donations given by members of St Peters Church. That property continues to provide housing for ministry staff at St Peters. During the year the Trustees have agreed that the property should be made available at no cost to St Peters and at the same time St Peters have agreed that they will maintain the property and reimburse any costs which the Trust may incur in respect of the property.” — page 3
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- STUART Kerr BROOKSchair
- Andrew Rogers
- Ian Michael David JEFFREY
- John NORTON
- Kevyn Michael Davies-Jones
- Matthew Edward Ellis Harrison
- Robert Hudson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £172k | £166k |
| 31/12/2023 | £153k | £154k |
| 31/12/2022 | £133k | £137k |
| 31/12/2021 | £111k | £133k |
| 31/12/2020 | £69k | £87k |
Common questions
Is NEW INGREBOURNE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves amounted to £2,975 at year-end, which the Trustees acknowledge is well below what is required for normal operations. Despite this low reserve position, the Trust reported an operating surplus of £83 for the year and maintains net assets of £384,070, largely driven by a revaluation reserve of £270,296. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARLES S FRENCH CHARITABLE TRUST | 1 | £5k |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
Charities like this
- REIGATE BAPTIST CHURCH TRUST
- TRINITY BAPTIST CHURCH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARBORNE
- INCORPORATED TRUSTEES OF THE NUMBER 1 TRUST FUND
- Islington Gospel Trust Limited
- THE LINCOLN DIOCESAN TRUST AND BOARD OF FINANCE LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW INGREBOURNE TRUST | £172k | — | 0 | below | — | no doubt |
| REIGATE BAPTIST CHURCH TRUST | £651k | — | 2 | above | — | no doubt |
| TRINITY BAPTIST CHURCH | £1.7m | — | — | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARBORNE | £882k | — | 0 | unclear | — | no doubt |
| INCORPORATED TRUSTEES OF THE NUMBER 1 TRUST FUND | £392k | — | 0 | unclear | — | no doubt |
| Islington Gospel Trust Limited | £240k | — | 0 | above | — | no doubt |