NEW LIFE BOURNEMOUTH
New Life Bournemouth exists to serve the spiritual, physical and emotional needs of its members, associates and community and to engage in Christian mission. To this end, it organises and promotes activities that facilitate Christian worship and service and supports a number of initiatives that serve the practical needs of our community.
Financial health, per its FY2024 accounts
The accounts state that the charity's financial health remains stable with no significant financial challenges reported during the year. The charity operates on a receipts and payments basis, holding unrestricted cash funds of £3,691 at year-end, while noting that it does not yet own any fixed assets due to an ongoing property transfer process.
What the accounts disclose
“No payments were made to trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.” — page 12
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £48k | £49k |
| 31/12/2023 | £5k | £0 |
Common questions
Is NEW LIFE BOURNEMOUTH financially healthy?
Per its FY2024 accounts: The accounts state that the charity's financial health remains stable with no significant financial challenges reported during the year. The charity operates on a receipts and payments basis, holding unrestricted cash funds of £3,691 at year-end, while noting that it does not yet own any fixed assets due to an ongoing property transfer process. Its FY2024 accounts were independently examined.