Charity Accounts Intelreading the accounts so you don’t have to

NEW STREET CHURCH CIO

Registered charity 1183065 · accounts filings on the Charity Commission register

New Street Church CIO seeks to create a thriving church community that attracts and supports all ages including families and the student generation and has at its heart a desire to spill out of its own walls to proclaim good news, serve its community, to resource and bless other churches and to be the catalyst for growth in discipleship, evangelism and community-building.

Causes: Religious Activities · website · Get email alerts

Latest income
£104k
Latest spending
£58k
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is currently dependent on grant funding from the Diocesan Board of Finance and the Church Commissioners, which is guaranteed until December 2026. Free general reserves stood at approximately £228,000 at year-end, accumulated to assist with the transition to a self-sustaining financial model once project funding expires.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: accumulated to assist with the transition to a self-sustaining financial model at the end of the project funding, which is projected to occur at the end of 2026 (held: £228k)
“The reserves of the CIO are being accumulated to assist with the transition to a self-sustaining financial model at the end of the project funding, which is projected to occur at the end of 2026.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Consequently, the accounts have been prepared on a going concern basis. In the remaining period of payment, it is planned that grant funding will come to be replaced by donations and other income to enable the church to transition to becoming selfsufficient.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The document discloses that costs were invoiced to the CIO by the Truro Diocesan Board of Finance (TDBF) for one person employed on their behalf. It also notes that the TDBF holds CWPF assets separately. No specific transaction amounts for trustee payments or specific related party loans are detailed beyond the staff cost inclusion.
“The above figures include amounts paid to the Truro Diocesan Board of Finance (TDBF) in respect of one person employed by them on our behalf. Costs were invoiced to the CIO.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/12/2025£104k£58k
31/12/2024£91k£37k
31/12/2023£71k£25k
31/12/2022£70k£23k
31/12/2021£51k£25k

Common questions

Is NEW STREET CHURCH CIO financially healthy?

Per its FY2025 accounts: The accounts state that the charity is currently dependent on grant funding from the Diocesan Board of Finance and the Church Commissioners, which is guaranteed until December 2026. Free general reserves stood at approximately £228,000 at year-end, accumulated to assist with the transition to a self-sustaining financial model once project funding expires. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund08/03/2024£19kLittle Sparks