New Testament Pentecostal Church
Latest income
£560k
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net profit of £183,435 for the year ended 31 March 2025, increasing unrestricted reserves to £2,082,769. However, the independent auditors issued a disclaimer of opinion because they were unable to obtain sufficient appropriate audit evidence to support the carrying amount of fixed assets valued at £2,000,000. The trustees confirmed the use of the going concern basis of accounting with no identified material uncertainties.
What the accounts disclose
Payments to trustees: Timothy Mcllwrath received a stipend of £29,184.
“As a Trustee Timothy Mcllwrath is provided with a stipend for services provided to the Charity. The amount of this stipend in the current year was £29,184 (2024: £26,784)” — page 10
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Trustee remuneration
“As a Trustee Timothy Mcllwrath is provided with a stipend for services provided to the Charity. The amount of this stipend in the current year was £29,184 (2024: £26,784)” — page 10
Per FY2025 accounts as filed with CCNI.
Audit opinion: qualified
“We do not express an opinion on the accompanying financial statements. Because of the significance of the matter described in the Basis for Disclaimer of Opinion section of our report, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on these financial statements.” — page 2
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Largest income source: Sales (57% of income)
“Sales 319,091 - 319,091 116,454” — page 8
Per FY2025 accounts as filed with CCNI.
Independent examiner: Finegan Gibson Ltd
Per FY2025 accounts as filed with CCNI.