CHRIST CHURCH NEWHAM URC
Christian worship and teaching, service to the community,
Financial health, per its FY2024 accounts
The accounts state that the charity's financial position is satisfactory, with free reserves of £89,108 covering eight months of operating costs, which exceeds the trustees' policy target of six months. Total incoming resources were £146,510 against total expenditure of £124,799, resulting in a net surplus for the year. The charity holds unrestricted funds of £103,063 and restricted funds of £24,225.
What the accounts disclose
“Offering Income £ 65,133” — page 12
“The Elders’ policy on reserves is to hold sufficient free reserves to cover six months projected operating costs for the year ahead (£64,000).” — page 7
Register events
- Received assets from another charity (26/10/2019)
Trustees
- ANNIE ELIZABETH OSEI-TUTU BONSU
- Ann Obatomi
- Blaise Dias
- CHARLES KWABAAH ACHEAMPONG
- JEMIMA MUKANKUSI NKUSI
- MRS BOLA MOSURO
- ROSALIND BURKE
- Temitope Alegbeleye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £147k | £125k |
| 31/12/2023 | £139k | £107k |
| 31/12/2022 | £102k | £88k |
| 31/12/2021 | £64k | £52k |
| 31/12/2020 | £101k | £69k |
Common questions
Is CHRIST CHURCH NEWHAM URC financially healthy?
Per its FY2024 accounts: The accounts state that the charity's financial position is satisfactory, with free reserves of £89,108 covering eight months of operating costs, which exceeds the trustees' policy target of six months. Total incoming resources were £146,510 against total expenditure of £124,799, resulting in a net surplus for the year. The charity holds unrestricted funds of £103,063 and restricted funds of £24,225. Its FY2024 accounts were independently examined.
Who funds CHRIST CHURCH NEWHAM URC?
Funders whose own accounts filings name CHRIST CHURCH NEWHAM URC as a grant recipient include THE NORWOOD AND NEWTON SETTLEMENT.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE NORWOOD AND NEWTON SETTLEMENT | FY2022 | £25k |