NEW WORLD MISSION ASSOCIATION UK

Charity number: 1112203
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Religious Activities Social Work Education/Training Working with Families Youth Activities

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£691,302

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Donations and legacies £687.10k
Charitable activities £3.31k
Other trading activities £0
Investments £893
Other £0

Total expenditure:
£756,260

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Raising funds £5.37k
Charitable activities £750.89k
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £5.37k
Charitable expenditure £750.89k

People

16 Employee(s)

4 Trustee(s)

100 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Religious Activities
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Services
Where the charity operates:
  • Throughout London

Governance

Registration history:
  • 22 November 2005: Standard registration
Organisation type:
Charitable company
Other names:
  • NEWMA (Working name)
  • NEW WORLD MISSION ASSOCIATION UK LIMITED (Previous name)
Company number:
05346522 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Financial Conduct Authority
  • Homes England
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

4 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
DAVID RAVELO Trustee 25 May 2016
None on record
ALEJANDRO TORRES Trustee 18 December 2015
None on record
NANCY MIGUEL Trustee 18 December 2015
None on record
JESUS IGNACIO BEDOYA MARTINEZ Trustee 21 December 2012
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £672.64k £448.81k £597.01k £619.84k £691.30k
Total expenditure £620.51k £456.78k £594.25k £762.22k £756.26k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £10.00k N/A £7.22k N/A
Income - Donations and legacies £613.83k N/A £553.89k £609.96k £687.10k
Income - Other trading activities £0 N/A £0 £0 £0
Income - Charitable activities £57.80k N/A £616 £9.85k £3.31k
Income - Endowments £0 N/A £0 £0 £0
Income - Investment £1.01k N/A £17 £22 £893
Income - Other £0 N/A £42.49k £0 £0
Income - Legacies £0 N/A £0 £0 £0
Expenditure - Charitable activities £481.43k N/A £589.33k £757.63k £750.89k
Expenditure - Raising funds £99.32k N/A £4.92k £4.59k £5.37k
Expenditure - Governance £0 N/A £42.04k £97.78k £36.28k
Expenditure - Grants institution £0 N/A £0 £0 £0
Expenditure - Investment management £0 N/A £0 £0 £0
Expenditure - Other £39.76k N/A £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £700.32k N/A £836.57k £821.09k £807.17k
Long-term investments £0 N/A £0 £0 £0
Other assets £369.91k N/A £260.10k £118.79k £62.13k
Defined benefit pension scheme asset or liability £0 N/A £0 £0 £0
Total liabilities £33.05k N/A £64.68k £50.27k £44.66k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 23 January 2025 On Time
Accounts and TAR 31 March 2024 23 January 2025 On Time Download Open in new window
Annual return 31 March 2023 16 January 2024 On Time
Accounts and TAR 31 March 2023 16 January 2024 On Time Download Open in new window
Annual return 31 March 2022 25 January 2023 On Time
Accounts and TAR 31 March 2022 25 January 2023 On Time Download Open in new window
Annual return 31 March 2021 15 February 2022 15 days late
Accounts and TAR 31 March 2021 15 February 2022 15 days late Download Open in new window
Annual return 31 March 2020 10 January 2021 On Time
Accounts and TAR 31 March 2020 10 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 28 JANUARY 2005 AS AMENDED BY SPECIAL RESOLUTIONS DATED 13 SEPTEMBER 2005 AND 5 OCTOBER 2005.

Charitable objects

(A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO IN LONDON AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE DIRECTORS OF THE CHARITY (HEREIN CALLED "THE TRUSTEES") MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY; (B) TO RELIEVE PERSONS WHO ARE IN CONDITIONS OF NEED OR HARDSHIP OR WHO ARE AGED OR SICK AND TO RELIEVE THE DISTRESS CAUSED THEREBY IN THE SAID LOCATION AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT; (C) TO ADVANCE EDUCATION IN ACCORDANCE WITH CHRISTIAN PRINCIPLES BY SUCH MEANS AS THE TRUSTEES MAY CONSIDER APPROPRIATE INCLUDING BY MEANS OF ESTABLISHING AND OPERATING ANY EDUCATIONAL ESTABLISHMENT OR ESTABLISHMENTS IN THE SAID LOCATION AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT.

Area of benefit

The area the charity can operate in, as set out in its governing document.

LONDON,THE UNITED KINGDOM OR THE WORLD.

Contact information

Address:
13 PENN STREET
LONDON
N1 5DJ
Phone:
02077291514
Email:
admin@cclinternational.org
Website:

www.cclinternational.org Open in new window