Charity Accounts Intelreading the accounts so you don’t have to

NEW LIFE CHURCH MILTON KEYNES

Registered charity 1119167 · accounts filings on the Charity Commission register

Latest income
£1.5m
Latest spending
£1.5m
Registered
2007
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity finished the year with a positive financial position, reporting total funds of £2,976,047 against total expenditure of £1,077,242. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors.

What the accounts disclose

Reserves policy: three to six months of the annual expenditure budget, less giving (UK and overseas), depreciation and (if still available) a month mortgage payment holiday (held: £2.5m)
“For the current financial year, the target level of free reserves equates to three to six months of the annual expenditure budget, less giving (UK and overseas), depreciation and (if still available) a month mortgage payment holiday.” — page 8
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Ridgeway Centre Conferencing Limited, Ridgeway Community Trust
“The Consolidated Statement of Financial Activities (SOFA) and Consolidated Balance Sheet consolidate the financial statements of the Charity and its subsidiary undertakings.” — page 22
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Streets Audit LLP.

Corporate structure

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.5m
Total spending
£1.5m
Cost of raising funds
£260k
Reserves (reported)
£447k
Employees
33

Reported reserves equal ~3.7 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Brazil · Buckinghamshire · Congo (Democratic Republic) · Germany · Macedonia · Milton Keynes · Philippines · Tanzania

Income and spending

Financial year endIncomeSpending
31/08/2025£1.5m£1.5m
31/08/2024£1.8m£1.2m
31/08/2023£1.2m£1.1m
31/08/2022£1.1m£960k
31/08/2021£968k£760k

Common questions

Is NEW LIFE CHURCH MILTON KEYNES financially healthy?

The accounts state that the charity finished the year with a positive financial position, reporting total funds of £2,976,047 against total expenditure of £1,077,242. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors. Its FY2023 accounts were audited by Streets Audit LLP.

Who funds NEW LIFE CHURCH MILTON KEYNES?

Funders whose own accounts filings name NEW LIFE CHURCH MILTON KEYNES as a grant recipient include CATALYST NETWORK OF CHURCHES, GATEWAY CHURCH ASHFORD.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
CATALYST NETWORK OF CHURCHESFY2022£613k
GATEWAY CHURCH ASHFORDFY2023£5k
GATEWAY CHURCH ASHFORDFY2022£3k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE SACHS FOUNDATION1£383k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NEW LIFE CHURCH MINISTRIES (SLEAFORD).