NEW WAY CHRISTIAN LIFE FELLOWSHIP UK
The proclamation and furtherance of the Gospel of the Lord Jesus Christ through the nation by any charitable means for the advancement of the Christian faith and Christian religious education. To provide a Christian counselling service for the relief of persons who are in conditions of need, hardship or distress.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £388,193, which the trustees consider adequate against a policy target of three months of expenditure (£39,000). The charity reported a net incoming resource of £91,082 for the year, with total income increasing by 63% to £247,403.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure.” — page 4
“Mr Setareki Tuinaceva, the Chair of the Trustees, received a donation of £2,000 during the year. (2023 = £nil). This amount was included in Donations.” — page 13
Trustees
- MR SATAREKI TUINACEVAchair
- ATUNAISA LALAUVAKI
- Aisea Kotomaikaciwa
- Inoke Vavataga
- SIMIONE TUISINU
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £247k | £156k |
| 31/12/2023 | £151k | £140k |
| 31/12/2022 | £113k | £114k |
| 31/12/2021 | £158k | £106k |
| 31/12/2020 | £182k | £117k |
Common questions
Is NEW WAY CHRISTIAN LIFE FELLOWSHIP UK financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves were £388,193, which the trustees consider adequate against a policy target of three months of expenditure (£39,000). The charity reported a net incoming resource of £91,082 for the year, with total income increasing by 63% to £247,403. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CATALYST NETWORK OF CHURCHES | 1 | £656k |
| THE SACHS FOUNDATION | 1 | £383k |
| THE PENTECOSTAL CHURCH | 1 | £72k |
| GATEWAY CHURCH ASHFORD | 1 | £12k |
Charities like this
- NEW LIFE CHURCH MINISTRIES (SLEAFORD)
- NEW LIFE CHURCH MILTON KEYNES
- NEW LIFE TRUST
- NEW LIFE CHRISTIAN CENTRE (CROYDON)
- THE NEW LIFE CHURCH, WOKING
- NEW LIFE CHURCH WINCHESTER
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW WAY CHRISTIAN LIFE FELLOWSHIP UK | £247k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH MINISTRIES (SLEAFORD) | £585k | — | 0 | above | — | no doubt |
| NEW LIFE CHURCH MILTON KEYNES | £1.5m | — | 0 | unclear | — | no doubt |
| NEW LIFE TRUST | £778k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHRISTIAN CENTRE (CROYDON) | £1.3m | Under £60,000 | 0 | above | 0.0% | no doubt |
| THE NEW LIFE CHURCH, WOKING | £410k | — | 0 | above | — | no doubt |