NEW COVENANT CHURCH ABBEYWOOD
The main objective of the CIO is to advance the Christian religion for public benefit
Objects
TO ADVANCE THE CHRISTIAN RELIGION FOR PUBLIC BENEFIT
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £54,229 exceeded the stated policy target of £10,976.25 to £21,952.50, representing more than three months of unrestricted expenditure. The charity reported a surplus for the year, with total income of £47,304 against total expenditure of £43,905.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds which are the free reserves of the charity at a level which equates to at least 3 months of unrestricted expenditure.” — page 6
“No member of the board of trustees received any remuneration except the pastor who received a stipend during the year.” — page 13
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity 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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 12
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 5
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 10
Trustees
- BUKOLA OSOBEchair
- Dr AKINWUNMI OLAGUNJU
- ENITAN BAMTEFA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £47k | £44k |
| 31/12/2024 | £51k | £44k |
| 31/12/2023 | £49k | £51k |
| 31/12/2022 | £40k | £40k |
| 31/12/2021 | £42k | £20k |
Common questions
Is NEW COVENANT CHURCH ABBEYWOOD financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £54,229 exceeded the stated policy target of £10,976.25 to £21,952.50, representing more than three months of unrestricted expenditure. The charity reported a surplus for the year, with total income of £47,304 against total expenditure of £43,905. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KINGS CHURCH DARLINGTON | 1 | £103k |
| COMMISSION APOSTOLIC TRUST LTD | 1 | £23k |
| DRAGON CHRISTMAS CHARITY SALE | 1 | £2k |
Charities like this
- CHRIST CENTRAL
- PROGRAMME FOR APPLIED CHRISTIAN EDUCATION
- OAKHALL CHURCH, CATERHAM
- NEW LIFE CHURCH OF GOD
- NEW COVENANT CHURCH ISLINGTON
- JESUITS IN BRITAIN CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW COVENANT CHURCH ABBEYWOOD | £47k | — | 0 | unclear | — | no doubt |
| CHRIST CENTRAL | £521k | — | 0 | above | — | no doubt |
| PROGRAMME FOR APPLIED CHRISTIAN EDUCATION | £169k | — | 0 | above | — | no doubt |
| OAKHALL CHURCH, CATERHAM | £567k | — | 0 | within | — | no doubt |
| NEW LIFE CHURCH OF GOD | £109k | — | 0 | above | — | no doubt |
| NEW COVENANT CHURCH ISLINGTON | £61k | — | — | above | — | no doubt |