HOPE CHURCH NEWCASTLE
Our mission is to fulfilling the Great Commission by raising Christ-centered disciples to plant vibrant, biblical churches.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £4,602 for the year ended 1 January 2025, resulting in a decrease in net assets from £63,937 to £59,335. Per the trustees' report, the charity relies on voluntary donations and maintains reserves of £59,335, which the trustees consider prudent for potential liabilities. The independent examiner confirmed that no material matters came to their attention that would indicate non-compliance with accounting regulations.
What the accounts disclose
Trustees
- Hansen Salimchair
- CINDY HUI NING LAU
- JENNIFER SARAH SIM
- Sabina Yii Cheing Lim
- Shiela Yii Ling Lim
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/01/2025 | £47k | £52k |
| 01/01/2024 | £59k | £39k |
| 01/01/2023 | £21k | £16k |
| 01/01/2022 | £15k | £3k |
Common questions
Is HOPE CHURCH NEWCASTLE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £4,602 for the year ended 1 January 2025, resulting in a decrease in net assets from £63,937 to £59,335. Per the trustees' report, the charity relies on voluntary donations and maintains reserves of £59,335, which the trustees consider prudent for potential liabilities. The independent examiner confirmed that no material matters came to their attention that would indicate non-compliance with accounting regulations. Its FY2025 accounts were independently examined.