NEW LIFE CHRISTIAN CENTRE (CROYDON)
Church activities: holding regular services of worship, providing bible teaching, supporting missionaries.Education activities: operating a pre-school for children from 2 to 4 years, holding parent and toddler groups, employing a team to visit local schools and teach the christian faith.Relief of financial hardship and sickness activities: providing grants for needy individuals locally.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2,534,244, which exceeds its stated policy target of three months' unrestricted charitable expenditure. The trustees report that the current level of reserves is higher than needed, and the independent auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“There were no employees with emoluments of £60,000 per annum or more.” — page 22
“we did not contract the services of any professional fundraisers as defined by section 58 of the Charities Act 1992”
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months’ unrestricted charitable expenditure.” — page 5
Corporate structure
- Registered company of the charity Companies House 06484891
Company officers (Companies House)
- CAIQUO, Cynthia on trustee list
- ADEREMI, Adetayo Oyemade on trustee list
- AMIAKA, Chima on trustee list
- ONABOLU, Olukunle Adeniyi, Dr on trustee list
- ROSSELL, Mark Andrew on trustee list
- SOKAN, Babatunde Adetokunbo Tony on trustee list
- AMIAKA, Chima
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr Olukunle Onaboluchair
- Adetayo Aderemi
- CHIMA AMIAKA
- Cynthia Caiquo
- MARK ANDREW ROSSELL
- MR TONY SOKAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.2m |
| 31/03/2024 | £1.3m | £1.2m |
| 31/03/2023 | £1.8m | £1.1m |
| 31/03/2022 | £1.1m | £1.1m |
| 31/03/2021 | £1.2m | £1.1m |
Common questions
Is NEW LIFE CHRISTIAN CENTRE (CROYDON) financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,534,244, which exceeds its stated policy target of three months' unrestricted charitable expenditure. The trustees report that the current level of reserves is higher than needed, and the independent auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Xeinadin Audit Limited.
What does the highest-paid employee of NEW LIFE CHRISTIAN CENTRE (CROYDON) earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds NEW LIFE CHRISTIAN CENTRE (CROYDON)?
Funders whose own accounts filings name NEW LIFE CHRISTIAN CENTRE (CROYDON) as a grant recipient include THE SACHS FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE SACHS FOUNDATION | FY2025 | £380k | |
| THE SACHS FOUNDATION | FY2024 | £3k |
Charities like this
- NEW LIFE CHRISTIAN CENTRE INTERNATIONAL
- NEW LIFE CHURCH LETCHWORTH CIO
- NEW LIFE CHURCH (NORTH LONDON)
- LIFE CHURCH
- NEW LIFE CHURCH BRISTOL
- LIFE CHURCH WIRRAL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW LIFE CHRISTIAN CENTRE (CROYDON) | £1.3m | Under £60,000 | 0 | above | 0.0% | no doubt |
| NEW LIFE CHRISTIAN CENTRE INTERNATIONAL | £248k | — | 0 | above | — | no doubt |
| NEW LIFE CHURCH LETCHWORTH CIO | £115k | — | 0 | above | — | no doubt |
| NEW LIFE CHURCH (NORTH LONDON) | £189k | — | 0 | above | — | no doubt |
| LIFE CHURCH | £176k | — | 0 | above | — | no doubt |
| NEW LIFE CHURCH BRISTOL | £104k | — | 0 | unclear | — | no doubt |