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COVENANT LIFE CHURCH LEICESTER

Registered charity 1103695 · accounts filings on the Charity Commission register · also known as COVENANT LIFE CHURCH

To promote the proclamation and furtherance of the Gospel of Jesus Christ Our Lord, the preaching and teaching of the Christian faith, and to support ministry at home and overseas. In addition, the charity seeks the relief of those in need, hardship and distress or who are aged or sick.

Causes: Education/training · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£515k
Latest spending
£376k
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a net surplus of £138,468 for the year ended 31 March 2025, with total incoming resources of £514,742. Per the trustees' report, unrestricted reserves are more than adequate for the charity's requirements, and the trustees believe no material uncertainties exist regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of normal committed ('fixed') operating costs (held: £668k)
“The policy outlines, (a) the level of reserve the trustees believe the charity requires (typically equivalent to 3 months of normal committed ('fixed') operating costs)”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Licence fee received from Big Shed Enterprises Limited, a wholly owned subsidiary.
“During the year a licence fee of £30,000 (2024: £30,000) was received from Big Shed Enterprises Limited, a wholly owned subsidiary of the charity.” — page 21
“During the year £31,963 was paid by Big Shed Enterprises Limited to the charity for recharged staff costs (2024: £22,847).” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Recharged staff costs paid by Big Shed Enterprises Limited to the charity.
“During the year a licence fee of £30,000 (2024: £30,000) was received from Big Shed Enterprises Limited, a wholly owned subsidiary of the charity.” — page 21
“During the year £31,963 was paid by Big Shed Enterprises Limited to the charity for recharged staff costs (2024: £22,847).” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Unconditional donations received from trustees.
“During the year a licence fee of £30,000 (2024: £30,000) was received from Big Shed Enterprises Limited, a wholly owned subsidiary of the charity.” — page 21
“During the year £31,963 was paid by Big Shed Enterprises Limited to the charity for recharged staff costs (2024: £22,847).” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Amount owed by subsidiary Big Shed Enterprises Limited to the charity.
“During the year a licence fee of £30,000 (2024: £30,000) was received from Big Shed Enterprises Limited, a wholly owned subsidiary of the charity.” — page 21
“During the year £31,963 was paid by Big Shed Enterprises Limited to the charity for recharged staff costs (2024: £22,847).” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Big Shed Enterprises Limited
“The charity owns 100% of the shares of Big Shed Enterprises Limited, company number 6946240. Big Shed Enterprises Limited was formed to manage the property.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£515k
Total spending
£376k
Reserves (reported)
£1.5m
Employees
3

Reported reserves equal ~48.7 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (89% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: India · Leicester City · Leicestershire · Zambia

Income and spending

Financial year endIncomeSpending
31/03/2025£515k£376k
31/03/2024£361k£333k
31/03/2023£426k£335k
31/03/2022£380k£344k
31/03/2021£362k£306k

Common questions

Is COVENANT LIFE CHURCH LEICESTER financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £138,468 for the year ended 31 March 2025, with total incoming resources of £514,742. Per the trustees' report, unrestricted reserves are more than adequate for the charity's requirements, and the trustees believe no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
COMMISSION APOSTOLIC TRUST LTD1£16k
THE BRIAN LESLIE RACHER 2004 CHARITABLE TRUST1£4k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NEW COVENANT CHURCH LEICESTER.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
COVENANT LIFE CHURCH LEICESTER£515k—0above—no doubt
NEW COVENANT CHURCH LEICESTER FY2024£144k—0unclear—no doubt
ONE CHURCH LEICESTER FY2025£1.6m—0unclear—no doubt
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK LEICESTER CHURCH FY2025£249k—0above—no doubt
NEW LIFE CHURCH LETCHWORTH CIO FY2025£115k—0above—no doubt
NEW LIFE CHURCH MINISTRIES (SLEAFORD) FY2025£585k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.