NEW CREATION LIVING MINISTRIES
HOLDING REGULAR CHRISTIAN WORSHIP SERVICES IN THE COMMUNITY.
Objects
THE OBJECT OF THE CIO IS FOR THE BENEFIT OF THE PUBLIC: TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN SUCH WAYS AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that unrestricted net assets increased to £43,763 by the end of the year, with cash funds rising to £38,618. The trustees report that the charity is in a good position to manage its costs and maintain reserves. The independent examiner confirmed that proper accounting records were kept and accounts complied with statutory requirements.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.” — page 4
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Volunteer management
Trustees
- Charles Junior Mensah - Bonsu
- FREDERICK RANDOLPH
- PASTOR OLIVER GARSHONG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £41k | £29k |
| 31/12/2023 | £27k | £27k |
| 31/12/2022 | £16k | £12k |
| 31/12/2021 | £11k | £3k |
| 31/12/2020 | £15k | £7k |
Common questions
Is NEW CREATION LIVING MINISTRIES financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted net assets increased to £43,763 by the end of the year, with cash funds rising to £38,618. The trustees report that the charity is in a good position to manage its costs and maintain reserves. The independent examiner confirmed that proper accounting records were kept and accounts complied with statutory requirements. Its FY2024 accounts were independently examined.
Charities like this
- NEW CREATION CHURCH TAUNTON
- NEW CREATION CHRISTIAN FELLOWSHIP
- CHRISTIAN LIFESTYLE MINISTRIES
- COMMUNITY OF SAINT JOHN
- THE LORD'S CHOSEN CHARISMATIC REVIVAL MINISTRIES
- CHRIST LIFE MINISTRIES (LEICESTER).
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW CREATION LIVING MINISTRIES | £41k | — | 0 | unclear | — | no doubt |
| NEW CREATION CHURCH TAUNTON | £173k | — | 0 | unclear | — | no doubt |
| NEW CREATION CHRISTIAN FELLOWSHIP | £110k | — | 0 | below | — | no doubt |
| CHRISTIAN LIFESTYLE MINISTRIES | £179k | — | 0 | unclear | — | no doubt |
| COMMUNITY OF SAINT JOHN | £116k | — | 0 | unclear | — | no doubt |
| THE LORD'S CHOSEN CHARISMATIC REVIVAL MINISTRIES | £429k | — | 0 | unclear | — | no doubt |