COMMUNITY LIFE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £10,423 for the year ended 31 March 2023, with total unrestricted reserves of £1,074,651. The trustees consider the reserves to be in line with their policy and adequate for ongoing work, confirming the entity is a going concern with no material uncertainties.
What the accounts disclose
“The reserves policy for unrestricted funds is to retain sufficient reserves: To ensure that the Church has sufficient funds to meet its financial commitments. To demonstrate that the Church is sustainable into the future. To ensure that the Church is able to manage future unforeseen financial difficulties. To ensure that excessive funds are not held without any identifiable reason or purpose.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Adriaan van den Broek
- David Thomas Wayland
- Felix Masinjera Mashedi
- KEITH MICHAEL HOLDER OBE
- Nathan John Wardill
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £793k | £682k |
| 31/03/2024 | £1.2m | £834k |
| 31/03/2023 | £589k | £579k |
| 31/03/2022 | £404k | £366k |
| 31/03/2021 | £754k | £413k |
Common questions
Is COMMUNITY LIFE TRUST financially healthy?
The accounts state that the charity reported a surplus of £10,423 for the year ended 31 March 2023, with total unrestricted reserves of £1,074,651. The trustees consider the reserves to be in line with their policy and adequate for ongoing work, confirming the entity is a going concern with no material uncertainties. Its FY2023 accounts were independently examined.
Who funds COMMUNITY LIFE TRUST?
Funders whose own accounts filings name COMMUNITY LIFE TRUST as a grant recipient include Fuel Bank Foundation.
Known funders
| Funder | Year | Amount |
|---|---|---|
| Fuel Bank Foundation | FY2022 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SACHS FOUNDATION | 1 | £383k |