NEW LIFE HOME TRUST UK CIO
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £2,255.30 at the end of the financial year, with a current account balance of £49,636.81 largely representing donations pending transfer to Kenya. The trustees report that UK operational costs remained below their 15% of total income target, and the independent examiner confirmed there were no concerns regarding the charity's financial position or ability to continue as a going concern.
What the accounts disclose
“A small contingency is maintained. This was invested many years ago and has not been added to.”
Register events
- Received assets from another charity (18/06/2015)
Trustees
- DAVID PETER WILLIAM WRIGHTchair
- ANN GILLIAN FOLEY
- ANNA WRIGHT
- Anthony Kenneth Denson
- Bev Stockley
- Elizabeth Ashby
- Geraldine Louise Denson
- RUTH MARGETTS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £118k | £128k |
| 31/12/2023 | £106k | £121k |
| 31/12/2022 | £114k | £102k |
| 31/12/2021 | £130k | £114k |
| 31/12/2020 | £100k | £101k |
Common questions
Is NEW LIFE HOME TRUST UK CIO financially healthy?
The accounts state that the charity held unrestricted reserves of £2,255.30 at the end of the financial year, with a current account balance of £49,636.81 largely representing donations pending transfer to Kenya. The trustees report that UK operational costs remained below their 15% of total income target, and the independent examiner confirmed there were no concerns regarding the charity's financial position or ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 3 | £8k |
| THE ANGUS LAWSON MEMORIAL TRUST | 1 | £35k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £10k |
| THE STERRY FAMILY FOUNDATION | 1 | £7k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £7k |
| BRITISH HUMANE ASSOCIATION | 1 | £5k |
| W F SOUTHALL TRUST | 1 | £3k |
| HELP CHANGE LIVES | 1 | £3k |