NEW LIFE CHURCH CARDIGAN TRUST
To advance the Christian faith in accordance with the statement of beliefs in the counties of Ceredigion & Pembrokeshire and in such other parts in the United Kingdom or the world.
Financial health, per its FY2024 accounts
The accounts state that total incoming resources were £290,536 against resources expended of £274,588, resulting in a net surplus for the year. The charity holds unrestricted free reserves of £603,072, which is higher than the previous year's figure of £601,723. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“trustees Mr D. Bell and Mrs J. Bell received a total gross income of £26,400 (2023:£25,760) in salary related payments in accordance with clause 21 of the Declaration of Trust and in furthering the charity's objects.” — page 13
“trustees Mr D. Bell and Mrs J. Bell received a total gross income of £26,400 (2023:£25,760) in salary related payments in accordance with clause 21 of the Declaration of Trust and in furthering the charity's objects.” — page 13
“The loan outstanding to Mr D. Bell & Mrs J. Bell currently stands at £87,726 (2023:£85,621 as at the 31st December 2023.)” — page 13
“trustees Mr D. Bell and Mrs J. Bell received a total gross income of £26,400 (2023:£25,760) in salary related payments in accordance with clause 21 of the Declaration of Trust and in furthering the charity's objects.” — page 13
“The loan outstanding to Mr D. Bell & Mrs J. Bell currently stands at £87,726 (2023:£85,621 as at the 31st December 2023.)” — page 13
Trustees
- Alastair Greenshields
- DOUG BELL
- JACKIE TAYLOR
- JANICE ANN BELL
- TOM TAYLOR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £291k | £275k |
| 31/12/2023 | £288k | £156k |
| 31/12/2022 | £273k | £156k |
| 31/12/2021 | £349k | £189k |
| 31/12/2020 | £325k | £337k |
Common questions
Is NEW LIFE CHURCH CARDIGAN TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total incoming resources were £290,536 against resources expended of £274,588, resulting in a net surplus for the year. The charity holds unrestricted free reserves of £603,072, which is higher than the previous year's figure of £601,723. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CATALYST NETWORK OF CHURCHES | 1 | £656k |
| THE SACHS FOUNDATION | 1 | £383k |
| THE PENTECOSTAL CHURCH | 1 | £72k |
| GATEWAY CHURCH ASHFORD | 1 | £12k |
Charities like this
- NEW LIFE TRUST
- NEW LIFE CHURCH (SUFFOLK)
- NEW LIFE CHURCH MILTON KEYNES
- NEW LIFE CHURCH MINISTRIES (SLEAFORD)
- EGLWYS EFENGYLAIDD CAERFYRDDIN
- THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST, CARDIFF
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW LIFE CHURCH CARDIGAN TRUST | £291k | — | 0 | unclear | — | no doubt |
| NEW LIFE TRUST | £778k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH (SUFFOLK) | £154k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH MILTON KEYNES | £1.5m | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH MINISTRIES (SLEAFORD) | £585k | — | 0 | above | — | no doubt |
| EGLWYS EFENGYLAIDD CAERFYRDDIN | £122k | — | 0 | unclear | — | no doubt |