LIVING FAITH TEMPLE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £10,734 for the year ended 31 August 2024, with total income of £206,790 and total expenditure of £196,056. Per the trustees' report, the charity holds unrestricted reserves of £286,447 and cash balances of £30,763, maintaining a stable financial position. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- DAVID BIZABANIchair
- CLETO MUDHEFI
- Cletos Mubwanda
- Faith Bvumbe
- NIGEL TATENDA MUTSONGONONO
- Saul MUCHENJE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £264k | £257k |
| 31/08/2024 | £207k | £196k |
| 31/08/2023 | £221k | £209k |
| 31/08/2022 | £183k | £158k |
| 31/08/2021 | £122k | £129k |
Common questions
Is LIVING FAITH TEMPLE financially healthy?
The accounts state that the charity reported a net surplus of £10,734 for the year ended 31 August 2024, with total income of £206,790 and total expenditure of £196,056. Per the trustees' report, the charity holds unrestricted reserves of £286,447 and cash balances of £30,763, maintaining a stable financial position. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.