THE NORWOOD AND NEWTON SETTLEMENT
Grants are made to main-line free churches towards new capital building projects.Capital projects undertaken by some small charities in the London Borough of Havering area are also occasionally supported. Grants are not made for general running costs, staffing costs, equipment, repairs or maintenance.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves stood at £12,293,949, a decrease from the previous year's £12,409,190, driven by an unrealised loss on investment revaluations. The trustees report that the charity has sufficient liquid assets to meet known liabilities and maintains adequate liquidity to cover conditional grant promises. The trustees consider the going concern basis of accounting to be appropriate with no material uncertainties identified.
What the accounts disclose
“COIF Charities Ethical Investment Fund Income Units 113,337” — page 9
“It is not the policy of the Trustees to accumulate reserves in the long term. However, it is the Trustees’ policy to maintain the real value of the Settlement's capital assets” — page 5
“During the year amounts totalling £469 was reimbursed to three Trustees, (2024 £8,050 reimbursed to three Trustees) on account of professional services rendered and travel and subsistence expenses.” — page 13
Trustees
- ALAN DAVID GRAYchair
- RODNEY STUART EBORN BSc. FRICS
- STELLA HOLLAND
- SUSAN ELISABETH NEWSOM BED
- TREVOR WILLIAM MARLOW
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £458k | £451k |
| 31/03/2024 | £450k | £224k |
| 31/03/2023 | £413k | £354k |
| 31/03/2022 | £396k | £322k |
| 31/03/2021 | £372k | £398k |
Common questions
Is THE NORWOOD AND NEWTON SETTLEMENT financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted reserves stood at £12,293,949, a decrease from the previous year's £12,409,190, driven by an unrealised loss on investment revaluations. The trustees report that the charity has sufficient liquid assets to meet known liabilities and maintains adequate liquidity to cover conditional grant promises. The trustees consider the going concern basis of accounting to be appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Clemence Hoar Cummings.
Who funds THE NORWOOD AND NEWTON SETTLEMENT?
Funders whose own accounts filings name THE NORWOOD AND NEWTON SETTLEMENT as a grant recipient include QUORN BAPTIST CHURCH.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| QUORN BAPTIST CHURCH | FY2025 | £25k | New Building |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ANAND & SETHI FAMILY CHARITY TRUST | 1 | £68k |
| ADVANCE MOVEMENT UK | 1 | £20k |
Charities like this
- THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND
- GURUNANAK
- ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION
- WEST HACKNEY PAROCHIAL CHARITY
- SEAEM
- CORNERSTONE CHURCH NEWCASTLE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NORWOOD AND NEWTON SETTLEMENT | £458k | — | 0 | unclear | — | no doubt |
| THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND | £314k | — | 0 | above | — | no doubt |
| GURUNANAK | £1.4m | — | 0 | unclear | — | no doubt |
| ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION | £197k | — | 0 | unclear | — | no doubt |
| WEST HACKNEY PAROCHIAL CHARITY | £151k | — | 0 | unclear | — | no doubt |
| SEAEM | £201k | — | 0 | unclear | — | noted |