NEWFIELD COMMUNITY CHURCH TRUST
To advance the Christian faith. This is achieved by such charitable works as the Trustees may from time to time in their discretion think fit, including the relief of people in need, sickness, hardship or distress, both locally and abroad.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £165,311 are in excess of the trustees' stated policy target of £10,000 to £12,000. The charity reported a net expenditure of £1,482 for the year, with total income of £66,839 against charitable expenditure of £68,321. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between £10,000 and £12,000 in order to meet the short to medium term operating needs.” — page 4
Trustees
- Coral Rumble
- David Hedges
- Gillian Snowden
- Grant Syred
- Matthew James Sweet
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £67k | £68k |
| 31/12/2023 | £57k | £52k |
| 31/12/2022 | £57k | £46k |
| 31/12/2021 | £38k | £36k |
| 31/12/2020 | £38k | £31k |
Common questions
Is NEWFIELD COMMUNITY CHURCH TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves of £165,311 are in excess of the trustees' stated policy target of £10,000 to £12,000. The charity reported a net expenditure of £1,482 for the year, with total income of £66,839 against charitable expenditure of £68,321. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.