NEW LIFE LONDON
General Charitable PurposesReligious Activities
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £30,762 for the year ended 5 April 2025, resulting in total unrestricted reserves of £30,525. The trustees confirm that these reserves exceed their stated policy target of maintaining a balance equivalent to three months of unrestricted payments. The charity maintains adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the trustees to maintain a balance on general fund which equates to three months unrestricted payments.” — page 3
“No trustee received any remuneration or any benefits in kind or any reimbursement of expenses, except that the mother-in-law of one of the trustees was paid £15,000 during the year for services to the charity.”
“the mother-in-law of one of the trustees was paid £15,000 during the year for services to the charity.”
“Income from donations includes £3,499 received from trustees.” — page 10
“the mother-in-law of one of the trustees was paid £15,000 during the year for services to the charity.”
“Income from donations includes £3,499 received from trustees.” — page 10
Trustees
- Kelly Johana Rodriguez Ruizchair
- KAREM DAIANA WOOD
- Maria Elisa Alvarez Granda
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £70k | £40k |
Common questions
Is NEW LIFE LONDON financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £30,762 for the year ended 5 April 2025, resulting in total unrestricted reserves of £30,525. The trustees confirm that these reserves exceed their stated policy target of maintaining a balance equivalent to three months of unrestricted payments. The charity maintains adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.