NEW COVENANT CHURCH BRISTOL
TO ADVANCE THE CHRISTIAN RELIGION FOR THE BENEFIT OF THE PUBLIC THROUGH HOLDING OF PRAYER MEETINGS,LECTURES,PUBLIC CELEBRATIONS OF RELIGIOUS FESTIVALS,PRODUCING AND /OR DISTRIBUTING LITERATURE ON CHRISTIAN FAITH TO ENLIGHTEN OTHERS ABOUT GOD.
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds increased to £92,813 at the year end, up from £52,528 in the prior period, driven by a net income surplus of £40,285. The charity reported total income of £104,961 against total expenditure of £64,676, resulting in a positive financial position with no restricted funds held. The trustees confirmed the financial performance was satisfactory and prepared the accounts on a going concern basis.
What the accounts disclose
Trustees
- Rev Kingsley Okonedochair
- OLASUNKANMI ODEYEMI
- VERONICA AKKUETTEH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £105k | £65k |
| 31/12/2023 | £108k | £55k |
| 31/12/2022 | £41k | £37k |
| 31/12/2021 | £42k | £40k |
| 31/12/2020 | £45k | £43k |
Common questions
Is NEW COVENANT CHURCH BRISTOL financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted funds increased to £92,813 at the year end, up from £52,528 in the prior period, driven by a net income surplus of £40,285. The charity reported total income of £104,961 against total expenditure of £64,676, resulting in a positive financial position with no restricted funds held. The trustees confirmed the financial performance was satisfactory and prepared the accounts on a going concern basis. Its FY2024 accounts were independently examined.