NEW LIGHT (NORTH OF ENGLAND)
Providing support for the development of art and disabled artists
Objects
2.1. The Charity's objects are restricted specifically:2.1.1. To advance the education of the public in the subject of modern (contemporary) art;2.1.2. To promote work produced by contemporary artists who were born in, live in, or attained their arts-based degree in the north of England (“Northern Artists”), for the benefit and education of the public, through some or all of the following activities:2.1.2.1. The establishment of exhibitions open to entries from Northern Artists;2.1.2.2. The placement of Northern Artists’ work in galleries;2.1.2.3. The award of financial grants to Northern Artists;2.1.2.4. The running of education programmes; and/or2.1.2.5. The establishment and maintenance of a collection of art by Northern Artists.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £33,701 for the year, reducing its total funds from £185,169 to £151,468. The trustees report material uncertainties regarding the charity's ability to continue as a going concern due to the loss of a major funder and a reduction in regular donations. Despite these risks, the charity maintains sufficient unrestricted reserves of £91,468 to cover liabilities as they fall due.
What the accounts disclose
“The Trustees have assessed that the going concern basis is appropriate but that there are material uncertainties about the charity's ability to continue as a going concern.” — page 5
Register events
- Received assets from another charity (06/04/2022)
Trustees
- ANNETTE PETCHEYchair
- Dr Phyllis Johnson
- Euan Thomas Cartwright
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £85k | £119k |
| 31/12/2023 | £155k | £95k |
| 31/12/2022 | £52k | £78k |
| 31/12/2021 | £148k | £143k |
| 31/12/2020 | £116k | £97k |
Common questions
Is NEW LIGHT (NORTH OF ENGLAND) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £33,701 for the year, reducing its total funds from £185,169 to £151,468. The trustees report material uncertainties regarding the charity's ability to continue as a going concern due to the loss of a major funder and a reduction in regular donations. Despite these risks, the charity maintains sufficient unrestricted reserves of £91,468 to cover liabilities as they fall due. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DEO GLORIA TRUST | 1 | £13k |
| WESTHILL ENDOWMENT | 1 | £12k |
Charities like this
- LIGHT LONDON
- NEW CREATIONS
- NORTHERN LIGHTS CHURCH
- LIGHT FOR THE PEOPLE MINISTRY
- LANTERN OF LIGHT
- GREAT LIGHT CHURCH LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW LIGHT (NORTH OF ENGLAND) | £85k | — | 0 | unclear | — | material uncertainty |
| LIGHT LONDON | £602k | — | — | unclear | — | no doubt |
| NEW CREATIONS | £183k | — | 0 | unclear | — | no doubt |
| NORTHERN LIGHTS CHURCH | £41k | — | 0 | unclear | — | no doubt |
| LIGHT FOR THE PEOPLE MINISTRY | £87k | — | 0 | unclear | — | no doubt |
| LANTERN OF LIGHT | £105k | — | 0 | within | — | no doubt |