NEW COVENANT CHURCH CHAFFORD HUNDRED
NCC Chafford Hundred yearly supports ourlocal Women's Refuge/Shelter andHomeless Hostel - providing hampers forresidents and their families. We engage withChristians Against Poverty (CAP) befriendingservice, Foodbank Thurrock and our localHomeless Response Group. We providemonthy prayer support and do 'Mother andDaughter' seminar.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net operating income of £34,589.46 for the year ended 31 December 2024, with total incoming resources of £59,872.40 against total expenditures of £25,282.94. Per the trustees' report, the charity holds unrestricted reserves of £201,591.29, which they consider sufficient to meet premises costs and revenue expenditure, aligning with their policy to hold reserves covering three months of revenue expenditure.
What the accounts disclose
“The Church aims to hold reserves that would cover 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 9
Trustees
- ELIZABETH EKANEMchair
- DELE OYEWALE
- OLAYINKA SHORINMADE-JUNAID
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £49k | £32k |
| 31/12/2024 | £60k | £25k |
| 31/12/2023 | £60k | £29k |
| 31/12/2022 | £63k | £24k |
| 31/12/2021 | £59k | £19k |
Common questions
Is NEW COVENANT CHURCH CHAFFORD HUNDRED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net operating income of £34,589.46 for the year ended 31 December 2024, with total incoming resources of £59,872.40 against total expenditures of £25,282.94. Per the trustees' report, the charity holds unrestricted reserves of £201,591.29, which they consider sufficient to meet premises costs and revenue expenditure, aligning with their policy to hold reserves covering three months of revenue expenditure. Its FY2024 accounts were independently examined.