NEW COVENANT CHURCH BOLTON
To further Christian faith and relieve poverty.
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
Property (HM Land Registry)
Trustees
- Adegbenga Moses Oshin
- Olasunkanmi Wura Obideyi
- Temitayo Fabiyi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.