NEW LIFE CHURCH WINCHESTER
Financial health, per its FY2025 accounts
The accounts state that the charity generated an excess income of £18,114 for the year ended 31 March 2025, with total charitable income rising to £192,012. Per the trustees' report, unrestricted reserves increased to £180,153, reflecting a rebuild of funds to mitigate risk as operations grow. The charity holds significant net assets of £1,330,153, primarily driven by freehold property valued at £1,150,000.
What the accounts disclose
“it is a policy requirement of the church that in any one financial year, to have maintained and set aside funds that have not been restricted or designated for a specific use elsewhere equivalent to a minimum of four months’ expenditure.” — page 6
“Salaries have been paid to Trustees for their other roles as follows:Sanjaykumar Sanil £38,198 - Silas Brown £24,000” — page 14
Trustees
- Rev Sanjaykumar Poovappa Sanilchair
- Benjamin Leslie Chainey
- Dr Helena Maria Angell
- Gemma Louise Reeves
- Pamela May Maton
- Silas David Casimir Brown
- TERENCE LESLIE CHAINEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £192k | £175k |
| 31/03/2024 | £168k | £159k |
| 31/03/2023 | £164k | £160k |
| 31/03/2022 | £103k | £120k |
| 31/03/2021 | £64k | £82k |
Common questions
Is NEW LIFE CHURCH WINCHESTER financially healthy?
The accounts state that the charity generated an excess income of £18,114 for the year ended 31 March 2025, with total charitable income rising to £192,012. Per the trustees' report, unrestricted reserves increased to £180,153, reflecting a rebuild of funds to mitigate risk as operations grow. The charity holds significant net assets of £1,330,153, primarily driven by freehold property valued at £1,150,000. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £152k |
| HOPE CHURCH HARROGATE | 1 | £375 |