NewLife Church Sunderland
PROMOTING OF CHRISTIAN FAITH THROUGH SUNDAY SERVICE, BIBLE STUDIES, SUNDAY SCHOOL FOR KIDS, EVANGALISM THROUGH PREACHING AND TRACT DISTRIBUTION. OOPERATE IN THE NORTH EAST REGION BY REGULAR PRAYER MEETINGS
Financial health, per its FY2024 accounts
The accounts state that unrestricted cash funds increased from £53,091 to £60,889 during the year, while restricted funds decreased from £16,639 to £16,639 (net change shown as -9,757 in receipts/payments but ending balance matches previous year's cash position for restricted funds in the balance sheet section, though the receipts/payments shows a net decrease). The charity holds total unrestricted assets of £60,889 in cash plus £17,300 in fixed assets (sound system and minibus), indicating a stable financial position with no disclosed liabilities or pension deficits.
What the accounts disclose
Trustees
- PASTOR PRINCE MATHEWchair
- Dr Cecil Cherian Lukose
- Feby Thomas
- SUNNY GEORGE
- Shinu Nedumgottu Yohannan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £87k | £63k |
| 31/12/2023 | £73k | £55k |
| 31/12/2022 | £58k | £39k |
| 31/12/2021 | £20k | £26k |
| 31/12/2020 | £10k | £9k |
Common questions
Is NewLife Church Sunderland financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted cash funds increased from £53,091 to £60,889 during the year, while restricted funds decreased from £16,639 to £16,639 (net change shown as -9,757 in receipts/payments but ending balance matches previous year's cash position for restricted funds in the balance sheet section, though the receipts/payments shows a net decrease). The charity holds total unrestricted assets of £60,889 in cash plus £17,300 in fixed assets (sound system and minibus), indicating a stable financial position with no disclosed liabilities or pension deficits. Its FY2024 accounts were independently examined.