LIFE COMMUNITY CHURCH (WARWICKSHIRE)
Financial health, per its FY2025 accounts
The accounts state that the charity ended the financial year with a free cash position of £22,758, which is below its stated reserves policy target of approximately £26,100 (equivalent to five months of routine expenditure). Despite this shortfall against the policy, the trustees report a strong and healthy financial position with no materially in deficit funds.
What the accounts disclose
“The Trustees consider that, given the nature of the Church’s work, free reserves should be equivalent to approximately 5 months’ routine general fund expenditure” — page 16
“David and Leanne Bolton are related parties in that they are married and serve as Co-Pastors of the Church, whilst individually receiving renumeration. However, Leanne does not actively serve on the Trustee Board.”
Trustees
- Rev DAVID MICHAEL BOLTONchair
- David Onyekwe
- Modupe Veronica Yusuf
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £168k | £159k |
| 30/06/2024 | £159k | £133k |
| 30/06/2023 | £136k | £130k |
| 30/06/2022 | £121k | £131k |
| 30/06/2021 | £94k | £92k |
Common questions
Is LIFE COMMUNITY CHURCH (WARWICKSHIRE) financially healthy?
The accounts state that the charity ended the financial year with a free cash position of £22,758, which is below its stated reserves policy target of approximately £26,100 (equivalent to five months of routine expenditure). Despite this shortfall against the policy, the trustees report a strong and healthy financial position with no materially in deficit funds. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CATALYST NETWORK OF CHURCHES | 1 | £613k |
| GATEWAY CHURCH ASHFORD | 1 | £8k |