NEWTOWN EVANGELICAL CHURCH
WE are an evangelical church holding various services as can be seen on our website and well integrated into the local community serving young and old alike.
Financial health, per its FY2025 accounts
The accounts state a net expenditure for the year of £14,317, resulting in a decrease in total funds from £156,169 to £141,852. The charity's reserves policy targets approximately £60,000, and the actual unrestricted reserves (General Fund) are £98,381, which is above this target. The trustees have adopted a low-risk investment approach to ensure access to funds on a short-term basis.
What the accounts disclose
“To have reserves amounting to approximately £60,000 which the managing trustees consider to be an appropriate level of general reserve, being sufficient to cover at least 6 months expenditure.” — page 3
Property (HM Land Registry)
Register events
- Received assets from another charity (18/01/2022)
Trustees
- Gareth Francis Pughchair
- Andrew Christofides
- Benjamin Michael Christofides
- Daniel Owen
- Dr ANDREW PETER GEORGE MITCHELL
- Geraint Owain Jones
- Timothy Gill
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £125k | £144k |
| 31/03/2024 | £193k | £173k |
| 31/03/2023 | £219k | £136k |
| 31/03/2022 | £38k | £41k |
Common questions
Is NEWTOWN EVANGELICAL CHURCH financially healthy?
Per its FY2025 accounts: The accounts state a net expenditure for the year of £14,317, resulting in a decrease in total funds from £156,169 to £141,852. The charity's reserves policy targets approximately £60,000, and the actual unrestricted reserves (General Fund) are £98,381, which is above this target. The trustees have adopted a low-risk investment approach to ensure access to funds on a short-term basis. Its FY2025 accounts were independently examined.