NEW COVENANT CHURCH LEICESTER
- To organize corporate & public Christian Worship Services.- Advance the Christian Faith in UK by preaching the Gospel of Christ, Evangelism, Prayer Meetings, Lectures, Outreaches, Literatures & other Media.-To support, alleviate and relieve suffering in the society through training, funding and outreaches for the public benefit.-Equip & Empower people through education, sports & co
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income surplus of £26,930 for the year ended 31 December 2024, compared to a deficit of £44,826 in the prior year. Per the trustees' report, the financial performance was considered satisfactory, with total unrestricted funds increasing to £42,408. The charity maintains significant fixed assets valued at £458,599 while holding minimal current assets and creditors.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Olusegun Ayodeji Salakochair
- Dr Olufemi Olanrewaju Bolaji
- Hope Asobakoghene Ufan Okpolua
- Tolulope Olusegun Akinniran
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £144k | £118k |
| 01/12/2023 | £105k | £153k |
| 01/12/2022 | £102k | £57k |
| 01/12/2021 | £68k | £38k |
Common questions
Is NEW COVENANT CHURCH LEICESTER financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income surplus of £26,930 for the year ended 31 December 2024, compared to a deficit of £44,826 in the prior year. Per the trustees' report, the financial performance was considered satisfactory, with total unrestricted funds increasing to £42,408. The charity maintains significant fixed assets valued at £458,599 while holding minimal current assets and creditors. Its FY2024 accounts were independently examined.