Charity Accounts Intelreading the accounts so you don’t have to

INTERNATIONAL LIFE CENTRE TRUST

Registered charity 1126038 · accounts filings on the Charity Commission register

The trust operates as a church established in Wolverhampton. The church supports church members and others through the activities of the church.

Causes: The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · website · Get email alerts

Latest income
£93k
Latest spending
£95k
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £2,394.27 for the year ended 31 December 2024, driven by a 16% decline in donations and an 11% drop in investment income. Total expenses increased by 20% compared to the prior year, largely due to higher utility costs. Despite the deficit, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient reserves to fund the day-to-day activities of the Trust and to temporarily accumulate funds to finance major development projects and activities (held: £76k)
“It is the policy of the trust to hold sufficient reserves to fund the day-to-day activities of the Trust and to temporarily accumulate funds to finance major development projects and activities.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: E. Kapofu and I. Kapofu received allowances for their roles within the Trust.
“During the year the following trustees and related parties received allowances for their roles within the Trust: E. Kapofu and I. Kapofu;” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees E. Kapofu and I. Kapofu received allowances for their roles within the Trust.
“During the year the following trustees and related parties received allowances for their roles within the Trust: E. Kapofu and I. Kapofu;” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Wolverhampton · Zimbabwe

Income and spending

Financial year endIncomeSpending
31/12/2024£93k£95k
31/12/2023£109k£79k
31/12/2022£112k£85k
31/12/2021£82k£75k
31/12/2020£84k£64k

Common questions

Is INTERNATIONAL LIFE CENTRE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £2,394.27 for the year ended 31 December 2024, driven by a 16% decline in donations and an 11% drop in investment income. Total expenses increased by 20% compared to the prior year, largely due to higher utility costs. Despite the deficit, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.