NEW TESTAMENT CHURCH OF GOD
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
“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
“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
Leadership, per the charity’s website
- Bishop Claion Grandison — Administrative Bishop
- Bishop Michael Bradley — National Executive Council
- Bishop Lincoln Davis — National Executive Council
- Bishop David Edwards — National Executive Council
- Bishop Hubert Gardner — National Executive Council
- Bishop Joel Haye — National Executive Council
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (21/11/2025)
Trustees
- Rev CLAION GRANDISONchair
- Dr Grace-Bally Balogun
- Dr Sara Jayne Ofori
- Rev DEREK WEBLEY
- Rev David Edwards
- Rev Dennis Chacko
- Rev Donnovan Allen
- Rev Grace WALDER
- Rev Ian Mark Lewinson
- Rev JOEL HAYE
- Rev JONATHAN JACKSON
- Rev Jacqueline Emanuel
- Rev Linford Davis
- Rev Mark Sturge
- Rev Michael Bradley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 07/12/2023 | £100k | "Walsall Windrush Oral History Project" |
| The National Lottery Heritage Fund | 28/09/2017 | £95k | "Links to our past - St Johns Cheetham Hill" |