GOODNEWS AID
Latest income
£176k
Latest spending
£157k
Registered
2018
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity had unrestricted funds of £631 at the year end, a decrease from £819 in the previous year, following a net expenditure of £188. The trustees report that the charity had no overheads and held a small cash balance, noting that no activities were undertaken due to low income.
What the accounts disclose
Related-party transaction: Gift to related charity
“During the year, the charity made a gift of £1,500 to Spring of Hope UK Limited, a charity of which Dr G Danam is also a trustee.” — page 10
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £176k | £157k |
| 31/03/2024 | £47k | £47k |
| 31/03/2023 | £2k | £2k |
| 31/03/2022 | £1k | £1k |
| 31/03/2021 | £1k | £1k |
Common questions
Is GOODNEWS AID financially healthy?
The accounts state that the charity had unrestricted funds of £631 at the year end, a decrease from £819 in the previous year, following a net expenditure of £188. The trustees report that the charity had no overheads and held a small cash balance, noting that no activities were undertaken due to low income.
Who funds GOODNEWS AID?
Funders whose own accounts filings name GOODNEWS AID as a grant recipient include SPRING OF HOPE UK LIMITED.
Shared trustees with funders
- Gnanadas Danam — trustee here and at SPRING OF HOPE UK LIMITED
Known funders
| Funder | Year | Amount |
|---|---|---|
| SPRING OF HOPE UK LIMITED | FY2025 | £78k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £152k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £62k |
| SANTANDER UK FOUNDATION LIMITED | 1 | £41k |
| THE FYRISH FOUNDATION | 1 | £10k |
| EDITH BESSIE GIBSON TRUST | 1 | £9k |
| REDEEMER CHURCH CHESTER LE STREET | 1 | £9k |