RESURRECTION LIFE CENTRE LTD
Latest income
£958k
Latest spending
£947k
Registered
2010
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity's free reserves are zero, which is below the stated policy target of three months' operating costs. The charity reports a net deficit for the year and holds net liabilities, indicating financial pressure despite continued support from its principal funder.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The trustees recognise that the current level of free reserve does not reach the above target” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£958k
Total spending
£947k
Reserves (reported)
£0
Employees
47
Trustees
- ADEJUMO BAKARE
- Adeseye Atunrase
- Christiana Olaoye
- Chuka Nwafor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £958k | £947k |
| 31/03/2024 | £612k | £560k |
| 31/03/2023 | £507k | £556k |
| 31/03/2022 | £631k | £632k |
| 31/03/2021 | £591k | £566k |
Common questions
Is RESURRECTION LIFE CENTRE LTD financially healthy?
The accounts state that the charity's free reserves are zero, which is below the stated policy target of three months' operating costs. The charity reports a net deficit for the year and holds net liabilities, indicating financial pressure despite continued support from its principal funder. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SACHS FOUNDATION | 1 | £383k |
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