NEW LIFE BAPTIST CHURCH KINGS HEATH
Latest income
£286k
Latest spending
£294k
Registered
2010
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that total receipts for the year were £275,548, while total payments amounted to £294,835, resulting in a net deficit of £19,287. The charity holds unrestricted cash funds of £51,884 at the end of the period. The trustees note that 2023 was a challenging year due to rising utility prices, leading to significant investment in building improvements.
What the accounts disclose
Trustees
- Rev Robert Lawrence Ballewchair
- Adam Michael Basey
- Brian Trevor Palmer
- Callum Bruce Mackinnon
- Dennis Myers
- Ellen Allie
- Errol Doyley
- Hapiloe Tsosane
- Janette Hilda Poole
- Terence John Law
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £286k | £294k |
| 31/12/2023 | £276k | £295k |
| 31/12/2022 | £238k | £237k |
| 31/12/2021 | £204k | £224k |
| 31/12/2020 | £188k | £193k |
Common questions
Is NEW LIFE BAPTIST CHURCH KINGS HEATH financially healthy?
The accounts state that total receipts for the year were £275,548, while total payments amounted to £294,835, resulting in a net deficit of £19,287. The charity holds unrestricted cash funds of £51,884 at the end of the period. The trustees note that 2023 was a challenging year due to rising utility prices, leading to significant investment in building improvements.