New Life Derby

Analysis

New Life Derby is a registered charity in England and Wales, based in Derby. It was registered in November 2007, 19 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and overseas aid/famine relief, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 06032785). It says it provides other finance, provides buildings/facilities/open space and provides services.

In the financial year ending March 2025, New Life Derby reported income of £576k and spending of £575k, spending 100% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £496k to £576k (+16%), an average of +3.8% a year. The sharpest change came in the year to March 2024, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, New Life Derby sits at the 89th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Mosart Charitable Trust (£575k), The Jockeys Education and Training Scheme (£577k) and Canaan Trust (£575k).

In its latest detailed accounts, income came from donations and legacies 82% and charitable activities 1.8%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £462k would cover about 10 months of spending at that rate. It employed 10 people.