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

NOWBELIEVE

Registered charity 1132384 · accounts filings on the Charity Commission register

Advancement of Christian faith through the ministry of a Christian evangelist together with Christian events and festivals.

Causes: The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£213k
Latest spending
£231k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £18,330 for the year ended 5 April 2025, resulting in unrestricted funds decreasing from £29,623 to £11,293. The trustees maintain a reserves policy of maintaining two months of expenditure, and the current unrestricted fund balance of £11,293 is below the implied target given the total expenditure of £231,478. The trustees confirm that the trust has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: two months expenditure (held: £11k)
“It is the long term policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level of 2 months expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 20
“During the year the Charity purchased merchandise for sale in the Bread café from I Am So Many Things Ltd, a company controlled by Trustee Mr Muir. Payments for goods amounted to £5,476.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): instagram

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
05/04/2025£213k£231k
05/04/2024£204k£202k
05/04/2023£132k£110k
05/04/2022£67k£77k
05/04/2021£46k£33k

Common questions

Is NOWBELIEVE financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £18,330 for the year ended 5 April 2025, resulting in unrestricted funds decreasing from £29,623 to £11,293. The trustees maintain a reserves policy of maintaining two months of expenditure, and the current unrestricted fund balance of £11,293 is below the implied target given the total expenditure of £231,478. The trustees confirm that the trust has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.