NEW LIFE PENTECOSTAL CHURCH
Religious activities
Financial health, per its FY2024 accounts
The accounts state that total income increased to £90,099 from £77,732 in the previous year, driven by an extra mortgage and manse rent. However, total expenditure rose more significantly to £96,172, resulting in a deficit of £6,073 for the year. The trustees note that general finances were tight during the year, requiring a loan from a trustee to cover costs.
What the accounts disclose
“The main income for the Church comes from money given through Tithes and Offerings, a total of £44,762”
“As general finances were tight during the year, a Church member, who is also a trustee, gave the Church a loan of £3,900 to help with costs. This loan is being paid back monthly, and £2,800 was outstanding at the end of December 2024.” — page 6
Trustees
- Richard Knightchair
- Dawn Tracy Dorrington
- Jaroslaw Racki
- Katarzyna Przerwa
- Lisa Knight
- Marcin Pawlak
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £90k | £96k |
| 31/12/2023 | £78k | £73k |
| 31/12/2022 | £67k | £72k |
| 31/12/2021 | £70k | £69k |
| 31/12/2020 | £69k | £67k |
Common questions
Is NEW LIFE PENTECOSTAL CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that total income increased to £90,099 from £77,732 in the previous year, driven by an extra mortgage and manse rent. However, total expenditure rose more significantly to £96,172, resulting in a deficit of £6,073 for the year. The trustees note that general finances were tight during the year, requiring a loan from a trustee to cover costs.