NEWLIFE TRUST
Relief of PovertyOverseas aid/Famine reliefReligious activities.People of a particular ethnic or racial originGeneral public/Mankind.Makes grants to individualsProvides other financeProvides human resources
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a financial increase of approximately 35% in 2024, with total expenses of £58,590.08. Per the trustees' report, the charity does not have a stated reserve policy but holds a reserve value of £10,000. The principal financial risk identified is inflation increasing running costs.
What the accounts disclose
Trustees
- OMNE JESUS GUZMAN ACEVEDOchair
- Eliane Albano de Sousa
- HILDEBRANDO GARCIA
- KYLE DYAL
- Rev RAQUEL MOREIRA
- TERESA SOFIA DE GUZMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £79k | £63k |
| 31/12/2023 | £43k | £47k |
| 31/12/2022 | £31k | £25k |
| 31/12/2021 | £14k | £12k |
| 31/12/2020 | £13k | £9k |
Common questions
Is NEWLIFE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a financial increase of approximately 35% in 2024, with total expenses of £58,590.08. Per the trustees' report, the charity does not have a stated reserve policy but holds a reserve value of £10,000. The principal financial risk identified is inflation increasing running costs. Its FY2024 accounts were independently examined.