NEW WINE INTERNATIONAL
Advancement of Christian faith, relief of poverty, education and the fulfilment of various charitable causes.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £38,360 for the year, resulting in total unrestricted funds of £5,581,436. The trustees consider the financial position satisfactory and maintain a reserves policy targeting 12 months of unrestricted expenditure. The auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“It is therefore the policy of the charity to maintain unrestricted funds at a level which equates to at least 12 months' unrestricted expenditure.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- PHILIP OLUSEGUN ADEYIchair
- Akinlaja Emmanuel Odidi
- ELIZABETH ADEJOKE OLUSOLA ADEYEMI
- Olutoyin Oludamilola Akinyemi
- babajide olaleye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.6m | £1.6m |
| 31/12/2023 | £1.5m | £2.0m |
| 31/12/2022 | £1.5m | £1.9m |
| 31/12/2021 | £2.2m | £1.9m |
| 31/12/2020 | £1.7m | £1.7m |
Common questions
Is NEW WINE INTERNATIONAL financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £38,360 for the year, resulting in total unrestricted funds of £5,581,436. The trustees consider the financial position satisfactory and maintain a reserves policy targeting 12 months of unrestricted expenditure. The auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Hilton Accountants.
Who funds NEW WINE INTERNATIONAL?
Funders whose own accounts filings name NEW WINE INTERNATIONAL as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF KNAPHILL WITH BROOKWOOD.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF KNAPHILL WITH BROOKWOOD | FY2022 | £4k | Overseas Mission |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF KNAPHILL WITH BROOKWOOD | FY2021 | £250 | Overseas Mission |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRINITY CHURCH WEST LONDON | 1 | £9k |
| CHARITIES ADMINISTERED IN CONNECTION WITH THE UNAFFILIATED CONGREGATIONAL CHURCHES | 1 | £3k |
Charities like this
- THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY
- TOGETHER FOR CHRIST HIS KINGDOM AND HIS CHURCH
- REDEEMED CHRISTIAN CHURCH OF GOD, TRUE VINE CENTRE
- THE EVANGELICAL FELLOWSHIP OF CONGREGATIONAL CHURCHES TRUST CORPORATION LIMITED
- THE CORNERSTONE CHURCH GROUP
- REDEEMER WINCHESTER
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW WINE INTERNATIONAL | £1.6m | — | — | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY | £141k | — | 0 | unclear | — | no doubt |
| TOGETHER FOR CHRIST HIS KINGDOM AND HIS CHURCH | £141k | £30,632 | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD, TRUE VINE CENTRE | £147k | — | 0 | unclear | — | no doubt |
| THE EVANGELICAL FELLOWSHIP OF CONGREGATIONAL CHURCHES TRUST CORPORATION LIMITED | £596k | — | 0 | unclear | — | no doubt |
| THE CORNERSTONE CHURCH GROUP | £226k | — | 0 | unclear | — | no doubt |