NEW VISION MINISTRIES CIO
1. To advance the Christian faith for the public benefit 2. To promote social inclusion for the public benefit. 3. Organise intercultural Events4. Creating learning space for children/ youth from disadvantaged backgroundWe operate from our Office in Bolton: 97-101 Bark Street, Bolton BL1 2AX
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position remains stable, with unrestricted reserves of £7,701.41 at the end of the period. The charity reported a net deficit of £9,954.59 for the year, resulting in a decrease in cash funds from £17,656.00 to £7,701.41. The trustees aim to maintain reserves sufficient to cover essential operating costs for a minimum of 6 months.
What the accounts disclose
“Income was derived solely from donations, voluntary contributions, and internal fundraising activities.”
“The trustees aim to maintain a reserve sufficient to cover essential operating costs for a minimum of 6 months.” — page 4
Trustees
- Rev Ernest Butsiriko Semukanyachair
- Esperance Nagaju
- Soleil Mutesi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/04/2025 | £61k | £71k |
| 01/04/2024 | £51k | £52k |
Common questions
Is NEW VISION MINISTRIES CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position remains stable, with unrestricted reserves of £7,701.41 at the end of the period. The charity reported a net deficit of £9,954.59 for the year, resulting in a decrease in cash funds from £17,656.00 to £7,701.41. The trustees aim to maintain reserves sufficient to cover essential operating costs for a minimum of 6 months. Its FY2025 accounts were independently examined.