COVENANT LOVE PEOPLE
All our charitable activities focus on theadvancement of the Christian religion and the relief of poverty and sickness.a. Ministering every week to the spiritual needs of the people through bible study, prayer meetings,counselling sessions and personal development meetings.
Financial health, per its FY2026 accounts
The accounts state that the charity reported a net deficit of £3,522 for the year ended 28 February 2026, resulting in total unrestricted reserves of £351,331. The trustees note that the charity's activities are dependent on uncertain funding streams but remain satisfied that the going concern basis is appropriate.
What the accounts disclose
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to 28 February 2025, the trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.” — page 14
Trustees
- OLUBANJI OLADOYE ADENIRANchair
- ANTHONIA JUSTIN
- Adefolake Awoseyi
- OLADELE OSHINIBOSI
- OLUKUNLE SHORINWA
- Praise Adeyemi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2026 | £216k | £220k |
| 28/02/2025 | £225k | £222k |
| 29/02/2024 | £206k | £208k |
| 28/02/2023 | £180k | £144k |
| 28/02/2022 | £147k | £106k |
Common questions
Is COVENANT LOVE PEOPLE financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported a net deficit of £3,522 for the year ended 28 February 2026, resulting in total unrestricted reserves of £351,331. The trustees note that the charity's activities are dependent on uncertain funding streams but remain satisfied that the going concern basis is appropriate. Its FY2026 accounts were independently examined.