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.
Objects
TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO IN THE COUNTIES OF CEREDIGION AND PEMBROKESHIRE AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT.(FOR FURTHER DETAILS SEE DECLARATION OF TRUST)
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Volunteer management
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 PENTECOSTAL CHURCH | 1 | £72k |
| GATEWAY CHURCH ASHFORD | 1 | £16k |
Charities like this
- NEW LIFE TRUST
- THE BRIDGE CHURCH, CARDIFF
- NEW LIFE CHURCH (SUFFOLK)
- NEW LIFE CHURCH RUGBY
- NEW LIFE CHURCH MILTON KEYNES
- NEW LIFE CHURCH MINISTRIES (SLEAFORD)
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 |
| THE BRIDGE CHURCH, CARDIFF | £374k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH (SUFFOLK) | £154k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH RUGBY | £428k | Under £50,000 | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH MILTON KEYNES | £1.5m | — | 0 | unclear | — | no doubt |