NEW COVENANT CHURCH ISLINGTON
Activities that advance Christian religion and values for public benefit. Objectives Being -1. The advancement of Christian Faith in the United Kingdom.2. The relief of persons who are in conditions of need, hardship or distress or who are sick or aged in the United Kingdom.3. The relief of poverty.
Objects
TO ADVANCE THE CHRISTIAN RELIGION FOR PUBLIC BENEFIT
Financial health, per its FY2025 accounts
The accounts state that the charity held total funds of £319,180 at year-end, which the trustees considered more than sufficient to meet its revenue expenditure and premises costs. The charity reported a net surplus of £1,897 for the year, with principal funding derived from voluntary donations and Gift Aid. The trustees confirmed that the financial statements were prepared on a going concern basis with no material uncertainties regarding the charity's ability to continue in operational existence.
What the accounts disclose
“Total income for the year amounted to £60,693, consisting of voluntary income (building fund and tithes and offerings).” — page 13
“The Church aims to hold reserves that would cover a minimum of three months revenue expenditure, legal commitments under contracts of employment and a reserve to meet essential immediate expenditure to the Church's rent costs, necessary to allow the Church to continue to function.” — page 10
Policies the charity declares
- Bullying and harassment policy and procedures
- 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
- Paying staff
- 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
- IFEOLUWA MERCY AMUSAN
- MARY OLUWASEUN AKINSULIRE
- Rev Obafemi Mobolaji Mafoh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £61k | £59k |
| 31/12/2024 | £84k | £47k |
| 31/12/2023 | £90k | £54k |
| 31/12/2022 | £67k | £59k |
| 31/12/2021 | £87k | £30k |
Common questions
Is NEW COVENANT CHURCH ISLINGTON financially healthy?
Per its FY2025 accounts: The accounts state that the charity held total funds of £319,180 at year-end, which the trustees considered more than sufficient to meet its revenue expenditure and premises costs. The charity reported a net surplus of £1,897 for the year, with principal funding derived from voluntary donations and Gift Aid. The trustees confirmed that the financial statements were prepared on a going concern basis with no material uncertainties regarding the charity's ability to continue in operational existence. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MIDDLETON FOUNDATION | 1 | £9k |
Charities like this
- NEW COVENANT CHURCH LEICESTER
- NEW COVENANT CHURCH BRISTOL
- NEW COVENANT CHURCH GRAVESEND
- NEW COVENANT CHURCH WOOLWICH
- NEW COVENANT CHURCH MANCHESTER
- NEW COVENANT CHURCH BOLTON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW COVENANT CHURCH ISLINGTON | £61k | — | — | above | — | no doubt |
| NEW COVENANT CHURCH LEICESTER | £144k | — | 0 | unclear | — | no doubt |
| NEW COVENANT CHURCH BRISTOL | £105k | — | 0 | unclear | — | no doubt |
| NEW COVENANT CHURCH GRAVESEND | £46k | — | — | unclear | — | no doubt |
| NEW COVENANT CHURCH WOOLWICH | £377k | — | 0 | unclear | — | no doubt |
| NEW COVENANT CHURCH MANCHESTER | £470k | — | 0 | below | — | no doubt |