LIFE INTERNATIONAL CHRISTIAN FELLOWSHIP (MILTON KEYNES)
To advance the Christian faith and to relieve persons who are in conditions of need or hardship or who are aged or sick.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds were £194,146 against a reserves policy target of three months of annual expenditure. The charity reported a net income of £145,627 and total net assets of £521,168, with the trustees confirming adequate resources for going concern.
What the accounts disclose
“Trustee Mr L A Maddix, also a Senior Minister, provided services to the charity and received amounts totalling £36,646 (2023: £23,200) during the year” — page 9
“The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') should be 3 months of annual expenditure.” — page 4
“Trustee Mr L A Maddix, also a Senior Minister, provided services to the charity and received amounts totalling £36,646 (2023: £23,200) during the year” — page 9
“Trustee Mr L A Maddix, also a Senior Minister, provided services to the charity and received amounts totalling £36,646 (2023: £23,200) during the year” — page 9
Trustees
- LEROY MADDIXchair
- Ibraham Shore
- Rev DEXTON DAVIS
- Stephenie Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £289k | £144k |
| 31/12/2023 | £193k | £132k |
| 31/12/2022 | £133k | £85k |
| 31/12/2021 | £99k | £88k |
| 31/12/2020 | £137k | £89k |
Common questions
Is LIFE INTERNATIONAL CHRISTIAN FELLOWSHIP (MILTON KEYNES) financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds were £194,146 against a reserves policy target of three months of annual expenditure. The charity reported a net income of £145,627 and total net assets of £521,168, with the trustees confirming adequate resources for going concern. Its FY2024 accounts were independently examined.
What does the highest-paid employee of LIFE INTERNATIONAL CHRISTIAN FELLOWSHIP (MILTON KEYNES) earn?
Per its FY2024 accounts, the highest-paid employee was in the £30,001 - £40,000 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 17/04/2020 | £6k | Fill a Bag Initiative |