LIFE CHURCH (CENTRAL ENGLAND)
Latest income
£239k
Latest spending
£233k
Registered
2005
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a surplus of £5,509 for the year, with total income of £238,515 and expenditure of £233,006. Per the trustees' report, unrestricted reserves stood at £183,153, which is significantly above the stated policy target of approximately £60,500.
What the accounts disclose
Highest-paid employee band: Under £60,000 — above the median for charities its size (£60k)
“No employee earned at a rate in excess of £60,000 p.a. (2023: None)” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months' committed expenditure (approximately £60,500) (held: £183k)
“The Board of Trustees has established a policy whereby free reserves held by the charity should be maintained at three months' committed expenditure. This would equate to approximately £60,500.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Paul Graham (£41,615) and Luke Sears (£46,856) were paid for pastoral services.
“During the year, trustees Paul Graham and Luke Sears were paid (including employer pension contributions where applicable) £41,615 (2023: £40,684) and £46,856 (2023: £45,359) respectively for pastoral services supplied to the church; as permitted by the governing document.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees Paul Graham and Luke Sears received remuneration for pastoral services.
“During the year, trustees Paul Graham and Luke Sears were paid (including employer pension contributions where applicable) £41,615 (2023: £40,684) and £46,856 (2023: £45,359) respectively for pastoral services supplied to the church; as permitted by the governing document.” — page 12
“There were therefore no transactions between the two charities during the accounting year.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Related party Life Community Trust (same trustees) was dissolved; no transactions occurred.
“During the year, trustees Paul Graham and Luke Sears were paid (including employer pension contributions where applicable) £41,615 (2023: £40,684) and £46,856 (2023: £45,359) respectively for pastoral services supplied to the church; as permitted by the governing document.” — page 12
“There were therefore no transactions between the two charities during the accounting year.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Mrs H Graham (related party) received £nil remuneration.
“During the year, trustees Paul Graham and Luke Sears were paid (including employer pension contributions where applicable) £41,615 (2023: £40,684) and £46,856 (2023: £45,359) respectively for pastoral services supplied to the church; as permitted by the governing document.” — page 12
“There were therefore no transactions between the two charities during the accounting year.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Register events
- Received assets from another charity (22/07/2024)
- Received assets from another charity (22/07/2024)
- Received assets from another charity (14/01/2013)
Trustees
- Simon John Lummischair
- Luke William Sears
- Paul Graham
- Sarah Fiona Lohse
- Stephen John Searle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £239k | £233k |
| 31/12/2023 | £240k | £269k |
| 31/12/2022 | £307k | £353k |
| 31/12/2021 | £259k | £246k |
| 31/12/2020 | £260k | £196k |
Common questions
Is LIFE CHURCH (CENTRAL ENGLAND) financially healthy?
The accounts state that the charity achieved a surplus of £5,509 for the year, with total income of £238,515 and expenditure of £233,006. Per the trustees' report, unrestricted reserves stood at £183,153, which is significantly above the stated policy target of approximately £60,500. Its FY2024 accounts were independently examined.
What does the highest-paid employee of LIFE CHURCH (CENTRAL ENGLAND) earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.