THE LIGHT AND LIFE FULL GOSPEL FELLOWSHIP
Financial health, per its FY2022 accounts
The accounts state that the charity is in a healthy financial state with free reserves of £277,474. The trustees maintain a reserves policy to hold three months of fixed costs in reserve, which is satisfied by the current position. The organization is not dependent on any specific future funding to continue operations, as confirmed by the going concern statement.
What the accounts disclose
“Our reserves policy ensures that we always hold 3 months fixed costs in reserve at all times.”
Register events
- Received assets from another charity (04/04/2012)
Trustees
- DWAYNE ROWE
- JANET SIMPSON
- MERNA BONNICK
- NORA ROBERTS
- Rev HERMA BUTTLER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £472k | £361k |
| 31/12/2023 | £216k | £169k |
| 31/12/2022 | £220k | £161k |
| 31/12/2021 | £170k | £100k |
| 31/12/2020 | £137k | £109k |
Common questions
Is THE LIGHT AND LIFE FULL GOSPEL FELLOWSHIP financially healthy?
The accounts state that the charity is in a healthy financial state with free reserves of £277,474. The trustees maintain a reserves policy to hold three months of fixed costs in reserve, which is satisfied by the current position. The organization is not dependent on any specific future funding to continue operations, as confirmed by the going concern statement. Its FY2022 accounts were independently examined.