NEWHAM YOUTH FOR CHRIST
Newham YFC seeks to help young people to discover and deepen Christian faith and equip local churches across Newham to develop sustainable, effective youth ministry
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net incoming resource deficit of £7,825 for the year ended 31 December 2024, resulting in total funds decreasing from £27,479 to £25,464. The trustees note that reliance on grant funding fell significantly to 33.9% of total income, while unrestricted reserves stood at £11,702 against a policy target of covering three months of basic running costs estimated at £12,000.
What the accounts disclose
“In 2024 we received £8,622 (2023: £12,747) from individuals and churches through donations and regular and/or one-off gifts.”
“On 31st December 2024, Newham Youth for Christ held £11,702 in unrestricted reserves in an account with CAF Bank.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £37k | £45k |
| 31/12/2023 | £49k | £51k |
| 31/12/2022 | £44k | £38k |
| 31/12/2021 | £61k | £68k |
| 31/12/2020 | £62k | £67k |
Common questions
Is NEWHAM YOUTH FOR CHRIST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource deficit of £7,825 for the year ended 31 December 2024, resulting in total funds decreasing from £27,479 to £25,464. The trustees note that reliance on grant funding fell significantly to 33.9% of total income, while unrestricted reserves stood at £11,702 against a policy target of covering three months of basic running costs estimated at £12,000. Its FY2024 accounts were independently examined.
Who funds NEWHAM YOUTH FOR CHRIST?
Funders whose own accounts filings name NEWHAM YOUTH FOR CHRIST as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARKS FOREST GATE.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARKS FOREST GATE | FY2023 | £750 | Planned Giving |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARKS FOREST GATE | FY2022 | £750 | Planned Giving |