NEW LIFE BIBLE CHURCH
To proclaim the Gospel of Jesus Christ to all nations To establish Churches across the world, including the support of Missions, to provide for the poor; education for the uneducated and needy; to assist the refugee; to provide, prepare, support and build up the youth for adult life; to support single parents; to help the General Public/mankind and support the community.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £42,157 for the period ended 31 January 2025, resulting in a decrease in total net assets from £194,071 to £151,914. The trustees' reserves policy is to maintain at least one month's income, and the unrestricted general fund balance of £3,101 is below this stated target. Despite the deficit, the trustees confirmed the going concern basis as they believe the charity has adequate resources to continue operating.
What the accounts disclose
“The Trustee’s policy on reserves at the end of the year is to have at least a yearly average of one month’s income in the accounts.” — page 6
“received donations totalling £156,615 (2024: £157,514) funded by related parties (which includes trustees, anyone closely connected to them and key management). In addition to the payments disclosed in note 7, during the year the charity also made the following payments to, or for, related parties: a) Wawira Johnston, who is closely related to Jared Johnston and Eric Johnston, who are trustees of the charity, received employment benefits totalling £31,471 (2024: £28,570) for providing services to the church. b) Caroline Chalkley, who is closely related to Clive Chalkley (a trustee), received employment benefits totalling £37,252 (2024: £33,759) for services to the church.” — page 18
Register events
- Received assets from another charity (15/06/2020)
Trustees
- Rev Eric Johnstonchair
- JASON HOLMES
- Jared Johnston
- RAYMOND LAWSON
- SYBIL COPPIN-BABAJIDE
- Tochukwu Lyte Kanu
- Yvonne Ellis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £331k | £373k |
| 31/01/2024 | £395k | £333k |
| 31/01/2023 | £363k | £374k |
| 31/01/2022 | £356k | £349k |
| 31/01/2021 | £341k | £325k |
Common questions
Is NEW LIFE BIBLE CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £42,157 for the period ended 31 January 2025, resulting in a decrease in total net assets from £194,071 to £151,914. The trustees' reserves policy is to maintain at least one month's income, and the unrestricted general fund balance of £3,101 is below this stated target. Despite the deficit, the trustees confirmed the going concern basis as they believe the charity has adequate resources to continue operating. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CATALYST NETWORK OF CHURCHES | 1 | £656k |
| GATEWAY CHURCH ASHFORD | 1 | £16k |
Charities like this
- NEW LIFE CHRISTIAN CENTRE INTERNATIONAL
- NEW LIFE CHURCH MINISTRIES (SLEAFORD)
- NEW LIFE CHURCH MILTON KEYNES
- NEW LIFE CHURCH LETCHWORTH CIO
- NEW LIFE CHURCH (NORTH LONDON)
- NEW LIFE CHURCH BRISTOL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW LIFE BIBLE CHURCH | £331k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHRISTIAN CENTRE INTERNATIONAL | £248k | — | 0 | above | — | no doubt |
| NEW LIFE CHURCH MINISTRIES (SLEAFORD) | £585k | — | 0 | above | — | no doubt |
| NEW LIFE CHURCH MILTON KEYNES | £1.5m | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH LETCHWORTH CIO | £115k | — | 0 | above | — | no doubt |
| NEW LIFE CHURCH (NORTH LONDON) | £189k | — | 0 | above | — | no doubt |