NEW COVENANT CHURCH PARK ROYAL

Registered charity 1175135 · accounts filings on the Charity Commission register

Religious activities.

Causes: Religious Activities · Get email alerts

Latest income

£65k

Latest spending

£44k

Registered

2017

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that total income for the year was £64,902 against expenditure of £44,044, resulting in a net increase in unrestricted reserves of £20,858. The charity holds unrestricted funds of £214,696, which significantly exceeds the trustees' stated policy target of holding up to six months of expenditure. The independent examiner reported no matters requiring attention, confirming the accounts accord with accounting records.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: up to six months of expenditure (held: £215k)

“The Trustees therefore aim to hold up to six months of expenditure as unrestricted funds.”

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

ADEKANMI MOSES ADEWUMI
Dr BIRGIT OGUNTOYINBO
Sara Rolake Aruwajoye

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2024	£65k	£44k
31/12/2023	£61k	£43k
31/12/2022	£77k	£48k
31/12/2021	£51k	£19k
31/12/2020	£44k	£21k

Common questions

Is NEW COVENANT CHURCH PARK ROYAL financially healthy?

Per its FY2024 accounts: The accounts state that total income for the year was £64,902 against expenditure of £44,044, resulting in a net increase in unrestricted reserves of £20,858. The charity holds unrestricted funds of £214,696, which significantly exceeds the trustees' stated policy target of holding up to six months of expenditure. The independent examiner reported no matters requiring attention, confirming the accounts accord with accounting records. Its FY2024 accounts were independently examined.