NEW LIFE CHURCH MILTON KEYNES

Charity Number: 1119167
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The trust is established to: advance Christianity in accordance with the doctrines of the faith; relieve people who are in charitable need, because of sickness or poor health, age, financial hardship or some other reason; promote and provide education (including vocational training); promote such other charitable objects as the trustees from time to time determine.

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£1,177,913

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Donations and legacies £810.11k
Charitable activities £68.87k
Other trading activities £289.01k
Investments £9.92k
Other £0

Total expenditure:
£1,077,242

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Raising funds £223.78k
Charitable activities £853.47k
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 £223.78k
Charitable expenditure £853.47k
Retained for future use £100.67k

People

30 Employee(s)

8 Trustee(s)

250 Volunteer(s)

Employees with total benefits over £60,000

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

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Religious Activities
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Buckinghamshire
  • Milton Keynes
  • Brazil
  • Congo (Democratic Republic)
  • Germany
  • Macedonia
  • Philippines
  • Tanzania

Governance

Registration history:
  • 11 May 2007: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
06162241 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Social media policy and procedures
  • Trustee expenses policy and procedures
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

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Mark Richard Wightman Trustee 18 September 2023
RIDGEWAY COMMUNITY TRUST
Received: On time
Ojefemi Bolajii Ojemuyiwa Trustee 18 September 2023
RIDGEWAY COMMUNITY TRUST
Received: On time
Linda Grabs Trustee 01 September 2023
RIDGEWAY COMMUNITY TRUST
Received: On time
Simon Gordon Halford Trustee 18 October 2021
RIDGEWAY COMMUNITY TRUST
Received: On time
Sharon Jill Clark Trustee 21 November 2017
RIDGEWAY COMMUNITY TRUST
Received: On time
Tim Williams Trustee 18 November 2014
None on record
FRANK HUGH CLARK Trustee 22 February 2012
None on record
DAVID SAMUEL EYEINGTON Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £1.13m £1.10m £968.24k £1.11m £1.18m
Total expenditure £844.19k £840.61k £759.92k £960.13k £1.08m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A £53.12k £5.18k N/A
Income - Donations and legacies £1.07m £975.40k £803.08k £822.53k £810.11k
Income - Other trading activities £0 £0 £0 £236.42k £289.01k
Income - Charitable activities £59.50k £74.50k £111.91k £54.53k £68.87k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £101 £649 £132 £577 £9.92k
Income - Other £1.80k £47.54k £53.12k £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £844.19k £840.61k £239.02k £805.67k £853.47k
Expenditure - Raising funds £0 £0 £520.89k £154.46k £223.78k
Expenditure - Governance £37.44k £40.89k £2.40k £0 £0
Expenditure - Grants institution £55.12k £77.98k £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £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 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £3.18m £3.20m £3.11m £3.05m £3.10m
Long-term investments £0 £1 £1 £0 £0
Other assets £425.31k £631.56k £740.89k £915.78k £941.50k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.33m £1.30m £1.14m £1.09m £1.06m

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 August 2023 29 June 2024 On Time
Accounts and TAR 31 August 2023 29 June 2024 On Time Download Open in new window
Annual return 31 August 2022 20 June 2023 On Time
Accounts and TAR 31 August 2022 20 June 2023 On Time Download Open in new window
Annual return 31 August 2021 28 March 2022 On Time
Accounts and TAR 31 August 2021 28 March 2022 On Time Download Open in new window
Annual return 31 August 2020 08 April 2021 On Time
Accounts and TAR 31 August 2020 08 April 2021 On Time Download Open in new window
Annual return 31 August 2019 27 March 2020 On Time
Accounts and TAR 31 August 2019 27 March 2020 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 INCORPORATED 15/03/2007 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 16/03/2012

Charitable objects

3.1 TO ADVANCE CHRISTIANITY IN ACCORDANCE WITH THE PROVISIONS OF CLAUSE 10 OF THIS MEMORANDUM IN THE AREA OF MILTON KEYNES AND ELSEWHERE 3.2 TO RELIEVE PEOPLE WHO ARE IN CHARITABLE NEED BECAUSE OF 2.2.2.1 SICKNESS OR POOR HEALTH 2.2.2.2 AGE 2.2.2.3 FINANCIAL HARDSHIP 2.2.2.4 OR SOME OTHER REASON BY ANY PROPER MEANS AS THE TRUSTEES THINK FIT AND INCLUDING (WHERE APPROPRIATE BUT NOT BY WAY OF LIMITATION) THE PROVISION OF ADVICE; THE PROMOTION OF GOOD PRACTICES TO COMBAT SUCH CONDITIONS AND THE PROVISION OF RESOURCES TO ALLEVIATE OR PREVENT SUCH NEED 3.3 TO PROMOTE OR PROVIDE EDUCATION (INCLUDING VOCATIONAL TRAINING) 3.4 TO PROMOTE SUCH OTHER CHARITABLE OBJECTS AS THE TRUSTEES SHALL FROM TIME TO TIME DETERMINE

Area of benefit

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

MILTON KEYNES AND ELSEWHERE

Contact information

Address:
THE RIDGEWAY CENTRE
FEATHERSTONE ROAD
MK12 5TH
Phone:
01908224580
Email:
office@newlifechurchmiltonkeynes.org
Website:

www.newlifechurchmiltonkeynes.org Open in new window