VISION FOR LIFE TRUST
Religious Activities. Also, to relieve sickness and financial hardship and preserve good health by the provision of funds, goods or services of any kind, including through the provision and counselling and support in such parts of the United Kingdom or the world as the trustees may from time to time see fit.
Financial health, per its FY2024 accounts
The accounts state that the charity remains debt-free with no fixed assets and unrestricted year-end reserves of £14,964. The trustees report that these reserves are below their stated policy target of £12,000 (noted as 'currently stand at £11,085' in the text, though the balance sheet shows £14,964), citing a decrease in general fund giving and increased costs. The charity continues its operations, including the winding up of its CAP centre, with no material uncertainties regarding its ability to continue.
What the accounts disclose
“The Charity aims to have 2 months reserve in the value of £12,000” — page 6
“During the financial year Trustee Mr M. Radcliffe and spouse Mrs L. Radcliffe received £54,678 (2023: £50,300) in renumeration for their pastoral roles and £920 in gifts in their capacity as Senior Pastors of the Vision for Life Trust in furthering the Charity's objects.” — page 18
“During the financial year Trustee Mr M. Radcliffe and spouse Mrs L. Radcliffe received £54,678 (2023: £50,300) in renumeration for their pastoral roles and £920 in gifts in their capacity as Senior Pastors of the Vision for Life Trust in furthering the Charity's objects. They were also reimbursed for out of pocket expenses in the value of £1,414 which were paid for cost of milage, travel, entertainment and subscription cost.” — page 18
Trustees
- BARNABY KIRK
- MIKE RADCLIFFE
- SHAWN SKELLON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £98k | £93k |
| 31/12/2023 | £99k | £96k |
| 31/12/2022 | £93k | £97k |
| 31/12/2021 | £91k | £89k |
| 31/12/2020 | £88k | £86k |
Common questions
Is VISION FOR LIFE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity remains debt-free with no fixed assets and unrestricted year-end reserves of £14,964. The trustees report that these reserves are below their stated policy target of £12,000 (noted as 'currently stand at £11,085' in the text, though the balance sheet shows £14,964), citing a decrease in general fund giving and increased costs. The charity continues its operations, including the winding up of its CAP centre, with no material uncertainties regarding its ability to continue. Its FY2024 accounts were independently examined.