NEW LIFE CHURCH BISHOP'S STORTFORD
Church meetings, helping the poor, food bank, promoting the gospel of Jesus Christ
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £44,769 at the end of the period, which exceeds its stated policy target of £10,000. The charity reported a net surplus of £17,292 for the year, funded entirely by donations from members and business sponsors. No restricted or endowment funds were held, and no liabilities were disclosed in the statement of assets and liabilities.
What the accounts disclose
“We currently look to hold a reserve of £10,000” — page 5
Trustees
- Anderson Munhozchair
- Gary Richard Pattenden
- Richard Read
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £100k | £83k |
| 30/06/2024 | £70k | £67k |
| 30/06/2023 | £78k | £71k |
| 30/06/2022 | £54k | £39k |
Common questions
Is NEW LIFE CHURCH BISHOP'S STORTFORD financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £44,769 at the end of the period, which exceeds its stated policy target of £10,000. The charity reported a net surplus of £17,292 for the year, funded entirely by donations from members and business sponsors. No restricted or endowment funds were held, and no liabilities were disclosed in the statement of assets and liabilities.