NEW CITY CHURCH MILTON KEYNES
1. The advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within Milton Keynes and the surrounding neighbourhood; and2. Such other charitable purposes as shall, in the opinion of the charity trustees, put into practice the Christian faith in accordance with the Basis of Faith.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £529 for the year, driven by a restricted funds deficit that outweighed an unrestricted surplus. Total unrestricted reserves stood at £143,420, which the trustees note is more than sufficient to cover maximum venue and property liabilities. The charity maintains a reserves policy to hold at least three months of unrestricted payments.
What the accounts disclose
“Total receipts on unrestricted funds were £154,782. This came mainly from regular donations provided through standing orders and cash offerings.” — page 6
“It is the policy of the church to maintain a balance on unrestricted funds, where possible, which equates to at least three months unrestricted payments.” — page 6
Trustees
- Richard Philip Wardmanchair
- Gavin Lloyd Naylor
- Paul Lawrence Sherwood
- Rev Mark Sewall
- Stephen Kristen Riisnaes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £165k | £166k |
| 31/03/2024 | £128k | £152k |
| 31/03/2023 | £128k | £150k |
| 31/03/2022 | £102k | £126k |
| 31/03/2021 | £115k | £107k |
Common questions
Is NEW CITY CHURCH MILTON KEYNES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £529 for the year, driven by a restricted funds deficit that outweighed an unrestricted surplus. Total unrestricted reserves stood at £143,420, which the trustees note is more than sufficient to cover maximum venue and property liabilities. The charity maintains a reserves policy to hold at least three months of unrestricted payments. Its FY2025 accounts were independently examined.