NEW TESTAMENT CHURCH OF GOD

Registered charity 250306 · accounts filings on the Charity Commission register · also known as NTCG

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Latest income
£12.5m
Latest spending
£12.0m
Registered
1967
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £516,112 for the year ended 31 December 2024, with total incoming resources of £12,487,395 and total expenditure of £11,971,283. Per the trustees' report, unrestricted reserves stood at £51,360,431, which is in excess of the stated policy target of approximately £6 million (six months' operating expenditure).

What the accounts disclose

Reserves policy: six months' operating expenditure (approximately £6 million) (held: £51.4m)
It is the usual intention of the Directors that the Company should hold reserves in the form of cash to maintain sufficient free funds to equate to approximately six months' operating expenditure. The Directors have calculated the monthly operating expenditure to equate to an amount of approximately £1 million. This results in an expected reserves amount of approximately £6 million. — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Remuneration paid to 9 Trustees as Ministers of Religion: Bishop C Grandison (£111,185), Bishop M Cummins (£33,969), Bishop D A Webley (£82,789), Bishop R S King (£48,187), Bishop L Davis (£36,256), Bishop J Jackson (£49,846), Bishop J Haye (£42,950), Bishop D Allen (£33,469), plus one additional trustee not named in the table but included in the count of 9.
Included within remuneration is £488,913 (2023: £665,136), excluding benefits in kind, paid to Trustees in respect of their services as 'Ministers of Religion' as permitted by the constitution of the charity and in common with many churches and similar religious bodies. There are no Trustees receiving remuneration for their role as a Trustee. The total number of Trustees paid in the year was 9 (2023: 14) — page 32
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Shaw Gibbs (Audit) Limited. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£12.5m
Total spending
£12.0m
Cost of raising funds
£20k
Reserves (reported)
£11.6m
Employees
118

Reported reserves equal ~11.6 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

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Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£12.5m£12.0m
31/12/2023£11.9m£11.4m
31/12/2022£11.3m£9.8m
31/12/2021£9.6m£8.2m
31/12/2020£9.1m£8.0m

Common questions

Is NEW TESTAMENT CHURCH OF GOD financially healthy?

The accounts state that the charity reported a net surplus of £516,112 for the year ended 31 December 2024, with total incoming resources of £12,487,395 and total expenditure of £11,971,283. Per the trustees' report, unrestricted reserves stood at £51,360,431, which is in excess of the stated policy target of approximately £6 million (six months' operating expenditure). Its FY2024 accounts were audited by Shaw Gibbs (Audit) Limited.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund07/12/2023£100k"Walsall Windrush Oral History Project"
The National Lottery Heritage Fund28/09/2017£95k"Links to our past - St Johns Cheetham Hill"