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NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE

Registered charity 1087715 · accounts filings on the Charity Commission register · also known as NLICM

New Life in Christ Ministries is a non denominational, bible based, Christian church offering religious worship services, Bible studies and other community activities on a weekly basis.

Causes: Religious Activities · website · Get email alerts

Latest income
£51k
Latest spending
£54k
Registered
2001
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds at year-end were £41,062, which the trustees consider sufficient to cover nine months of expenditure. This exceeds the charity's stated reserves policy target of maintaining three to six months of expenditure. The charity reported a net expenditure of £2,568 for the year, resulting in a decrease in cash reserves from the previous year.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £13,200
“During the year £13,200 was paid to V Roosevelt for services rendered (2023:£13,200.) but no payment was made in respect of his role as Trustee.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: between three to six month's expenditure (held: £41k)
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three to six month's expenditure.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: North Yorkshire

Income and spending

Financial year endIncomeSpending
31/12/2024£51k£54k
31/12/2023£53k£59k
31/12/2022£71k£50k
31/12/2021£60k£64k
31/12/2020£58k£59k

Common questions

Is NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds at year-end were £41,062, which the trustees consider sufficient to cover nine months of expenditure. This exceeds the charity's stated reserves policy target of maintaining three to six months of expenditure. The charity reported a net expenditure of £2,568 for the year, resulting in a decrease in cash reserves from the previous year. Its FY2024 accounts were independently examined.

What does the highest-paid employee of NEW LIFE IN CHRIST MINISTRIES- NORTH YORKSHIRE earn?

Per its FY2024 accounts, the highest-paid employee was in the £13,200 band.