THE BASIC LIFE CHARITY
Latest income
£339k
Latest spending
£357k
Registered
2000
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £204,751 at the end of the year, which the trustees describe as 'robust' and sufficient to cover no less than nine months of costs. The charity reported a net incoming resource of £20,896 for the period, resulting in an increase in total funds from £183,855 to £204,751.
What the accounts disclose
Reserves policy: no less than 9 months costs (held: £205k)
“Ordinarily our reserves would represent no less than 9 months costs”
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- Mary Elizabeth Denny
- Monica Rose Kyle
- Rosemary Rowell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £339k | £357k |
| 31/12/2023 | £282k | £261k |
| 31/12/2022 | £251k | £228k |
| 31/12/2021 | £265k | £218k |
| 31/12/2020 | £244k | £183k |
Common questions
Is THE BASIC LIFE CHARITY financially healthy?
The accounts state that the charity held unrestricted reserves of £204,751 at the end of the year, which the trustees describe as 'robust' and sufficient to cover no less than nine months of costs. The charity reported a net incoming resource of £20,896 for the period, resulting in an increase in total funds from £183,855 to £204,751. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |