NOW CHURCH
Financial health, per its FY2022 accounts
The accounts state that unrestricted funds increased from £53,999.12 to £110,771.18 during the year, resulting in a net surplus of £55,219.53. The trustees report that most funds are spent each year on achieving the charity's aims and that they are satisfied with their expenditure. No specific reserves policy target is stated, only that funds are spent annually.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £180k | £261k |
| 31/12/2023 | £238k | £166k |
| 31/12/2022 | £171k | £116k |
| 31/12/2021 | £106k | £105k |
| 31/12/2020 | £94k | £77k |
Common questions
Is NOW CHURCH financially healthy?
The accounts state that unrestricted funds increased from £53,999.12 to £110,771.18 during the year, resulting in a net surplus of £55,219.53. The trustees report that most funds are spent each year on achieving the charity's aims and that they are satisfied with their expenditure. No specific reserves policy target is stated, only that funds are spent annually. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £152k |
| SANTANDER UK FOUNDATION LIMITED | 1 | £41k |
| THE FYRISH FOUNDATION | 1 | £10k |
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