FIRST LOVE FOUNDATION LIMITED
First Love Foundation is a Christian charity working for a world where people are able to live sustainable and independent lives. We do this through the design and delivery of projects, with advocacy - holistic and person-centered in design that not only tackles poverty and its underlying causes - but seeks to restore income, dignity, thus reducing dependence on long term charitable food support.
Financial health, per its FY2025 accounts
The charity reported a net expenditure of £68,353 for the year, resulting in a decrease in unrestricted reserves from £231,415 to £163,062. The trustees state that reserves are held to provide working capital for at least three months of running costs, and they remain confident the charity can continue as a going concern due to partner support. Despite the deficit, the charity secured significant welfare payments for clients and maintained its core operations.
What the accounts disclose
“A level of working capital that protects the continuity of our core operations up to at least three months of running costs” — page 11
“Aerold Bentley, co-Founder & Trustee, is married to Denise Bentley, co-Founder & Chief Executive.” — page 21
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Albert Houslin
- Jennifer Izekor
- Nina Sharon Wright
- Terene Donaldson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £693k | £761k |
| 31/03/2024 | £616k | £782k |
| 31/03/2023 | £876k | £749k |
| 31/03/2022 | £567k | £696k |
| 31/03/2021 | £977k | £648k |
Common questions
Is FIRST LOVE FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The charity reported a net expenditure of £68,353 for the year, resulting in a decrease in unrestricted reserves from £231,415 to £163,062. The trustees state that reserves are held to provide working capital for at least three months of running costs, and they remain confident the charity can continue as a going concern due to partner support. Despite the deficit, the charity secured significant welfare payments for clients and maintained its core operations. Its FY2025 accounts were independently examined.
Who funds FIRST LOVE FOUNDATION LIMITED?
Funders whose own accounts filings name FIRST LOVE FOUNDATION LIMITED as a grant recipient include THE MERCERS CHARITABLE FOUNDATION, EAST END COMMUNITY FOUNDATION, THE FORRESTER FAMILY TRUST, WAKEFIELD AND TETLEY TRUST, EAST END CHURCH.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The Mercers' Company | 24/01/2024 | £91k | Grant to First Love Foundation |
| City Bridge Foundation | 07/12/2023 | £310k | Grant to First Love Foundation |