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ACTIVE LIFE LIMITED

Registered charity 1095215 · accounts filings on the Charity Commission register · also known as ACTIVE LIFE · filing overdue (register status)

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Latest income
£4.9m
Latest spending
£4.8m
Registered
2003
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net surplus of £4,544,995 for the 15-month period, yet holds a deficit in unrestricted funds of £31,421. The auditor has issued a disclaimer of opinion and identified a material uncertainty regarding the charity's ability to continue as a going concern, citing the administration of its parent entity and incomplete pension valuations.

What the accounts disclose

Reserves policy: one and two months of operating expenditure (held: £-31k)
“The Trustees have determined that unrestricted free reserves equivalent to between one and two months of operating expenditure represents an appropriate medium-term objective.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“These events and conditions indicate that a material uncertainty exists that may cast significant doubt on the Charitable Company's ability to continue as a going concern.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Audit opinion: qualified
“Because of the significance of the matter described in the basis for disclaimer of opinion section of our report, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on these financial statements.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 30/03/2024)

Total income
£4.9m
Total spending
£4.8m
Reserves (reported)
£140k
Employees
240

Reported reserves equal ~0.3 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Kent

Income and spending

Financial year endIncomeSpending
30/03/2025——
30/03/2024£4.9m£4.8m
31/12/2022£3.8m£4.0m
31/12/2021£3.6m£3.5m
31/12/2020£3.4m£3.7m

Common questions

Is ACTIVE LIFE LIMITED financially healthy?

The accounts state that the charity generated a net surplus of £4,544,995 for the 15-month period, yet holds a deficit in unrestricted funds of £31,421. The auditor has issued a disclaimer of opinion and identified a material uncertainty regarding the charity's ability to continue as a going concern, citing the administration of its parent entity and incomplete pension valuations. Its FY2024 accounts were audited by Azets Audit Services.