NEW LIFE CHURCH LETCHWORTH CIO
The advancement of the Christian faith through the preaching and proclamation of the Christian gospel and through serving our community to meet spiritual, mental, emotional and physical needs. We offer activities and support for all ages, through midweek programs, local feeding programs for those suffering with food poverty, education mentoring, and regular public worship for all.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £122,082, which is above the revised policy target of £40,000. The trustees consider a reserve of between 3-6 months of running costs (£27,940 - £55,880) to be sufficient. The charity reported a net increase in cash funds for the period.
What the accounts disclose
“Tithes and Offerings 79,824”
“At the end of the accounting period the unrestricted reserves stood at £122082 over the revised reserves policy of £40000.” — page 6
“Loan from NLC Trust 4”
“Loan to NLC Trust 445”
“Loan from NLC Trust 4”
“Loan to NLC Trust 445”
“Loan from NLC Trust 4”
“Loan to NLC Trust 445”
“Loan from NLC Trust 4”
“Loan to NLC Trust 445”
Trustees
- Garth Pendleton-Browne
- Joel Tarbutton
- John King
- Samuel Huggill
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £115k | £133k |
| 31/07/2024 | £195k | £126k |
| 31/07/2023 | £131k | £145k |
| 31/07/2022 | £209k | £78k |
| 31/07/2021 | £0 | £0 |
Common questions
Is NEW LIFE CHURCH LETCHWORTH CIO financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £122,082, which is above the revised policy target of £40,000. The trustees consider a reserve of between 3-6 months of running costs (£27,940 - £55,880) to be sufficient. The charity reported a net increase in cash funds for the period.