New Life Church Northampton LTD
To promote the advancement of Christianity; to relieve people in need by the provision of food, money, clothes or other items, and to promote the advancement of education on the basis of Christian principles.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £117,756 are below the trustees' stated policy target of three months' operating costs, although total funds carried forward are £585,416. The trustees confirm that finances remain healthy and there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Directors have decided to make reserves that equate to 3 months operating costs.” — page 6
“Related party disclosure Paul Worth is a Trustee of Kingdom Life Church Ministry Uganda. Kingdom Life Church received donations totalling £50,035 (2023: £31,456) for Kingdom Life Church Ministry Uganda. Kingdom Life Church: paid Kingdom Life Church Ministry Uganda £53,010 (2023: £50,762 as Mission Support.” — page 16
Trustees
- PAUL LESLIE WORTH
- Stephen James Flanagan
- Timothy Surry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £372k | £379k |
| 31/12/2023 | £297k | £352k |
| 31/12/2022 | £417k | £319k |
| 31/12/2021 | £305k | £294k |
| 31/12/2020 | £268k | £197k |
Common questions
Is New Life Church Northampton LTD financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves of £117,756 are below the trustees' stated policy target of three months' operating costs, although total funds carried forward are £585,416. The trustees confirm that finances remain healthy and there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.