NEW CREATION CHRISTIAN FELLOWSHIP
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £34,075 for the period, with total income of £166,496 and expenditure of £132,421. Net assets totalled £84,718 at the balance sheet date, with £49,715 designated as restricted funds to cover up to six months of operations in adverse situations. The trustees confirmed that income levels were satisfactory to achieve the charity's objectives.
What the accounts disclose
“An amount of £49,715 has been put aside for restricted funds which will allow the Trust to fulfil its objectives up to six months in any unforeseeable adverse situation.” — page 6
Trustees
- Anita Ponaganti
- Bhageshri Parmar
- Shaileshkumar Macwan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £110k | £98k |
| 31/12/2024 | £166k | £132k |
Common questions
Is NEW CREATION CHRISTIAN FELLOWSHIP financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £34,075 for the period, with total income of £166,496 and expenditure of £132,421. Net assets totalled £84,718 at the balance sheet date, with £49,715 designated as restricted funds to cover up to six months of operations in adverse situations. The trustees confirmed that income levels were satisfactory to achieve the charity's objectives. Its FY2024 accounts were independently examined.