UNITED LIFE (U LIFE)
This is a Christian based Charity now in operation in England. We offer physical, emotional and public educational assistance to the community in different ways. we share the message of the Bible, as well as Providing an opportunity for fellowship for members and the people in various communities among others.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £39,840.82, representing a net increase from the previous year's £24,458.83. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. Total incoming resources were £69,700.76 against total expenditure of £54,318.77, resulting in a positive net income of £15,381.99.
What the accounts disclose
Trustees
- Deborah Owusu-Gyanchair
- Astrid Vieru-Huttmann
- Rev Simeon Yamoah-Owusu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £70k | £54k |
| 31/03/2024 | £31k | £34k |
| 31/03/2023 | £51k | £37k |
| 31/03/2022 | £13k | £22k |
| 31/03/2021 | £43k | £43k |
Common questions
Is UNITED LIFE (U LIFE) financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £39,840.82, representing a net increase from the previous year's £24,458.83. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. Total incoming resources were £69,700.76 against total expenditure of £54,318.77, resulting in a positive net income of £15,381.99. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 19/08/2020 | £3k | VSCE CMC Fund |