NEW COVENANT CHURCH BOLTON
To further Christian faith and relieve poverty.
Objects
TO ADVANCE THE CHRISTIAN RELIGION FOR THE BENEFIT OF THE PUBLIC THROUGH THE HOLDING OF PRAYER MEETINGS, LECTURES, PUBLIC CELEBRATION OF RELIGIOUS FESTIVALS PRODUCING AND/OR DISTRIBUTING LITERATURE ON THE CHRISTIAN FAITH TO ENLIGHTEN OTHERS ABOUT CHRISTIAN RELIGION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a retained surplus of £25,594 for the year ended 31 December 2024, compared to £54,856 in the previous year. Total net assets increased to £454,452, funded by unrestricted revenue funds of £80,451 and designated revenue funds of £374,001. The trustees consider the financial performance satisfactory and confirm the charity is prepared on a going concern basis.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Trustees
- Adegbenga Moses Oshin
- Olasunkanmi Wura Obideyi
- Temitayo Fabiyi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £109k | £71k |
| 31/12/2024 | £80k | £54k |
| 31/12/2023 | £106k | £51k |
| 31/12/2022 | £158k | £26k |
| 31/12/2021 | £75k | £43k |
Common questions
Is NEW COVENANT CHURCH BOLTON financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a retained surplus of £25,594 for the year ended 31 December 2024, compared to £54,856 in the previous year. Total net assets increased to £454,452, funded by unrestricted revenue funds of £80,451 and designated revenue funds of £374,001. The trustees consider the financial performance satisfactory and confirm the charity is prepared on a going concern basis. Its FY2024 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW COVENANT CHURCH BOLTON | £109k | — | 0 | unclear | — | no doubt |
| NEW COVENANT CHURCH BERMONDSEY | £447k | — | — | unclear | — | no doubt |
| NEW COVENANT CHURCH MANCHESTER | £470k | — | 0 | below | — | no doubt |
| NEW COVENANT CHURCH LEICESTER | £144k | — | 0 | unclear | — | no doubt |
| NEW COVENANT CHURCH EDMONTON | £359k | — | 0 | unclear | — | no doubt |
| NEW COVENANT CHURCH BRISTOL | £105k | — | 0 | unclear | — | no doubt |