NEW LIFE COMMUNITY CHURCH MILNROW
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit in year of £30,413, resulting in closing unrestricted reserves of £51,456. The trustees have established a reserves policy target of £30,325, which is currently exceeded by the actual unrestricted reserves held. The charity relies on a mix of unrestricted offerings, restricted grants for building and community activities, and volunteer support to fund its operations.
What the accounts disclose
“The Trustees of New Life Community Church Milnrow agree a reserve of £30,325” — page 8
Register events
- Received assets from another charity (02/10/2023)
Trustees
- DEREK HARGREAVES B Ed Honschair
- Daniel Vivash
- Darren Michael Mitzi
- David Andrew Corke
- David Cooper
- Howard Thomas Wilkinson
- Ian Kenneth Lowe
- MARGARET LLOYD
- Richard Cowling
- SUSAN LESLEY MITZI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £127k | £158k |
| 31/03/2024 | £95k | £60k |
| 31/05/2023 | £84k | £101k |
Common questions
Is NEW LIFE COMMUNITY CHURCH MILNROW financially healthy?
The accounts state that the charity reported a deficit in year of £30,413, resulting in closing unrestricted reserves of £51,456. The trustees have established a reserves policy target of £30,325, which is currently exceeded by the actual unrestricted reserves held. The charity relies on a mix of unrestricted offerings, restricted grants for building and community activities, and volunteer support to fund its operations.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SACHS FOUNDATION | 1 | £383k |
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