NEW LIFE CHURCH (NORTH LONDON)
Our mission is to reach those who don't know Christ in the North London area and beyond: To that end we run Alpha Courses locally. We organise camps for children and young people. We partner with other Churches, providing volunteer workers for a local foodbank.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £7,196 for the year ended 31 March 2024, compared to a surplus in the previous year. Total funds at year-end stood at £2,729,108, with unrestricted funds of £2,711,518, which the trustees consider sufficient to maintain reserves equivalent to three to six months of expenditure.
What the accounts disclose
“It is the policy of the church that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
“One of the trustees, N.T. West, received remuneration during the year of £39,562 (2023: £41,232).” — page 16
“During the year the Church paid J.E. West, the wife of one of the trustees, N.T. West, a salary of £9,499 (2023: £8,962) in respect of duties performed.” — page 19
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- Robert William Sousterchair
- Andrew Richard Clarke
- MRS ONOH
- Monica Jane Bond
- NICHOLAS THEODORE WEST
- Shamylea Angel Miller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £189k | £201k |
| 31/03/2024 | £187k | £195k |
| 31/03/2023 | £251k | £178k |
| 31/03/2022 | £2.6m | £103k |
| 31/03/2021 | £116k | £88k |
Common questions
Is NEW LIFE CHURCH (NORTH LONDON) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £7,196 for the year ended 31 March 2024, compared to a surplus in the previous year. Total funds at year-end stood at £2,729,108, with unrestricted funds of £2,711,518, which the trustees consider sufficient to maintain reserves equivalent to three to six months of expenditure. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SACHS FOUNDATION | 1 | £383k |
Charities like this
- NEW LIFE CHURCH (SUFFOLK)
- NEW LIFE CHURCH LETCHWORTH CIO
- NEW LIFE CHURCH CAMBRIDGE
- NEW COMMUNITY CHURCH S.E. LONDON
- NEW LIFE CHURCH BRISTOL
- NEW LIFE CHRISTIAN CENTRE (CROYDON)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW LIFE CHURCH (NORTH LONDON) | £189k | — | 0 | above | — | no doubt |
| NEW LIFE CHURCH (SUFFOLK) | £154k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH LETCHWORTH CIO | £115k | — | 0 | above | — | no doubt |
| NEW LIFE CHURCH CAMBRIDGE | £114k | — | 0 | above | — | no doubt |
| NEW COMMUNITY CHURCH S.E. LONDON | £1.1m | £60,001 - £70,000 | — | above | — | no doubt |
| NEW LIFE CHURCH BRISTOL | £104k | — | 0 | unclear | — | no doubt |