NEW GENERATION CHURCH TRUST
To advance the Christian Faith, provide services and facilities for the local community, further Christian education and relieve hardship in Sidcup and surrounding areas
Financial health, per its FY2025 accounts
The accounts state that the trust recorded an overall deficit of £9,011 for the year ended 31 March 2025, resulting in unrestricted funds decreasing to £95,365. The trustees confirm that the trust has adequate resources to continue in operational existence for the foreseeable future, maintaining a going concern basis. The trust's reserves policy targets three to six months of expenditure, and the trustees consider the current level of reserves sufficient to continue activities.
What the accounts disclose
“It is the policy of the trust 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 5
Register events
- Received assets from another charity (18/08/2022)
Trustees
- Brian Marriott
- David Roy Hill
- Esther Marianne Box
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £303k | £312k |
| 31/03/2024 | £333k | £303k |
| 31/03/2023 | £289k | £289k |
| 31/03/2022 | £267k | £264k |
| 31/03/2021 | £292k | £230k |
Common questions
Is NEW GENERATION CHURCH TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the trust recorded an overall deficit of £9,011 for the year ended 31 March 2025, resulting in unrestricted funds decreasing to £95,365. The trustees confirm that the trust has adequate resources to continue in operational existence for the foreseeable future, maintaining a going concern basis. The trust's reserves policy targets three to six months of expenditure, and the trustees consider the current level of reserves sufficient to continue activities. Its FY2025 accounts were independently examined.
Who funds NEW GENERATION CHURCH TRUST?
Funders whose own accounts filings name NEW GENERATION CHURCH TRUST as a grant recipient include EASTGATE (KENT) LTD.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| EASTGATE (KENT) LTD | FY2022 | £10k |