NEW HERITAGE FOUNDATION
Promoting religious harmony for the benefit of the public through various educational methods. This includes lunches and meetings bringing together religious leaders to help provide information and education on inter-community tensions. As a result of this, progress has been made in bringing together parties from all religions to avert conflict.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £1,035 at year-end, a figure the trustees describe as minimal because the charity holds no staff or premises costs and passes 100% of funds to good causes. The charity secured a £2.1 million loan to purchase property, resulting in significant cash holdings, but the trustees note that the lack of reserves is a weakness in their transparent approach.
What the accounts disclose
“As there are no staff and premises costs to consider minimal amounts are kept for reserves.” — page 7
Trustees
- Simone Susan Vince
- TIMOTHY VINCE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £37k | £36k |
| 31/12/2023 | £71k | £117k |
| 31/12/2022 | £84k | £38k |
| 31/12/2021 | £0 | £0 |
| 31/12/2020 | £2k | £2k |
Common questions
Is NEW HERITAGE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves were £1,035 at year-end, a figure the trustees describe as minimal because the charity holds no staff or premises costs and passes 100% of funds to good causes. The charity secured a £2.1 million loan to purchase property, resulting in significant cash holdings, but the trustees note that the lack of reserves is a weakness in their transparent approach. Its FY2024 accounts were independently examined.
Who funds NEW HERITAGE FOUNDATION?
Funders whose own accounts filings name NEW HERITAGE FOUNDATION as a grant recipient include The Marks Family Charitable Trust.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| The Marks Family Charitable Trust | FY2023 | £2k | |
| The Marks Family Charitable Trust | FY2024 | — |