New Destiny Ministry
-We promoted the Christian religion-We relieved people who are in conditions of need-We conducted a Sunday school service to educate the children
Objects
1. TO ADVANCE THE CHRISTIAN RELIGION FOR THE BENEFIT OF THE PUBLIC THROUGH THE HOLDING OF PRAYER MEETINGS, LECTURES PUBLIC CELEBRATION OF RELIGIOUS FESTIVALS PRODUCING AND/OR DISTRIBUTING LITERATURE ON CHRISTIANITY TO ENLIGHTEN OTHERS ABOUT THE CHRISTIAN RELIGION IN THE UNITED KINGDOM OR ELSEWHERE2. RELIEVE PEOPLE WHO ARE IN CONDITIONS OF NEED IN THE UNITED KINGDOM OR ELSEWHERE3. ADVANCE EDUCATION ON THE BASIS OF CHRISTIAN PRINCIPLES IN THE UNITED KINGDOM OR ELSEWHERE.
Financial health, per its FY2024 accounts
The charity reported a net expenditure of £206 for the year, reducing its unrestricted funds from £7,396 to £7,190. It holds £1,529 in net current assets but carries £4,573 in current liabilities, resulting in a negative net current asset position in the prior year which has improved. The accounts are unaudited and subject to independent examination.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- STEPHEN IRIEchair
- ISHMAIL FODAY KAMARA
- Viviane Mahi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £142k | £142k |
| 31/12/2023 | £147k | £150k |
| 31/12/2022 | £96k | £93k |
| 31/12/2021 | £96k | £93k |
| 31/12/2020 | £39k | £41k |
Common questions
Is New Destiny Ministry financially healthy?
Per its FY2024 accounts: The charity reported a net expenditure of £206 for the year, reducing its unrestricted funds from £7,396 to £7,190. It holds £1,529 in net current assets but carries £4,573 in current liabilities, resulting in a negative net current asset position in the prior year which has improved. The accounts are unaudited and subject to independent examination. Its FY2024 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| New Destiny Ministry | £142k | — | 0 | unclear | — | no doubt |
| DESTINY CHRISTIAN CENTRE MINISTRIES | £168k | — | 0 | unclear | — | no doubt |
| NEW HOPE CHRISTIAN MINISTRIES | £44k | — | — | unclear | — | no doubt |
| INTERNATIONAL PLENITUDE MINISTRIES | £216k | — | 0 | unclear | — | no doubt |
| DIVINE DESTINY PARISH CELESTIAL CHURCH OF CHRIST | £37k | — | 0 | below | — | no doubt |
| DESTINY MINISTRIES INTERNATIONAL | £50k | — | 0 | above | — | no doubt |