THE HIGHLIFE CENTRE LTD
Four work streams:1)Supporting entrepreneurs to start and grow businesses; 2) Helping young people build confidence, leadership, and career pathways; 3) Strengthening community empowerment through cohesion, wellbeing, digital inclusion, creativity, culture, and heritage;4) Providing safe housing alongside entrepreneurial training and practical support for people to live, learn, and work.
Financial health, per its FY2024 accounts
The charity reported a net incoming resource of £352,760 for the year ended 31 December 2024, resulting in total unrestricted and restricted funds of £585,416. The trustees maintain a reserves policy targeting three months of core running costs, which they consider adequate given the charity's current financial position and risk profile. The accounts were subject to an independent examination rather than a full audit, with no material uncertainties or governance issues disclosed.
What the accounts disclose
“The Executive Officer received remuneration of £64,538 (2023 £58,599).” — page 22
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the Charity should be three months of the core running costs of the charity.” — page 6
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Daisy Opponchair
- Angela Babane
- KWASI ASIEDU-OFEI
- Kyei Baffour Nketia
- Tobi Labeodan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £782k | £429k |
| 31/12/2023 | £360k | £214k |
| 31/12/2022 | £303k | £333k |
| 31/12/2021 | £333k | £423k |
| 31/12/2020 | £327k | £168k |
Common questions
Is THE HIGHLIFE CENTRE LTD financially healthy?
Per its FY2024 accounts: The charity reported a net incoming resource of £352,760 for the year ended 31 December 2024, resulting in total unrestricted and restricted funds of £585,416. The trustees maintain a reserves policy targeting three months of core running costs, which they consider adequate given the charity's current financial position and risk profile. The accounts were subject to an independent examination rather than a full audit, with no material uncertainties or governance issues disclosed. Its FY2024 accounts were independently examined.
What does the highest-paid employee of THE HIGHLIFE CENTRE LTD earn?
Per its FY2024 accounts, the highest-paid employee was in the £64,538 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/12/2025 | £69k | Youth Vision Programme |
| The National Lottery Community Fund | 28/08/2025 | £19k | The Harmony Hub |
| Sport England | 18/08/2025 | £9k | The Keep Active Now Project |
| The National Lottery Heritage Fund | 23/11/2023 | £160k | "The Highlife Centre Heritage Resilience Project" |
| The National Lottery Community Fund | 14/04/2022 | £10k | WAVA Hall Jubilee Celebration |
| The National Lottery Community Fund | 25/06/2021 | £460k | Youth Vision 2021 Project |
| The National Lottery Community Fund | 29/04/2021 | £63k | Coventry Black Community Covid-19 Taskforce |
| The National Lottery Heritage Fund | 02/02/2021 | £99k | "NL20: Act-Up Heritage" |
| UK government | 29/09/2020 | £91k | Coronavirus Community Support Fund |
| The National Lottery Heritage Fund | 29/06/2020 | £15k | "COVID19:THE HIGHLIFE CENTRE" |
| The National Lottery Community Fund | 04/05/2020 | £35k | COVID-19 Remote Mentoring Intervention Support For BME Families |
| The National Lottery Community Fund | 02/07/2018 | £10k | Live Up Your Dreams Project |
| The National Lottery Community Fund | 19/12/2016 | £10k | African and Caribbean Food and Music Festival |
| The National Lottery Community Fund | 23/11/2016 | £10k | Transition into Employment Mentoring Project (TEMP) |
| The National Lottery Heritage Fund | 24/04/2015 | £54k | "Embracing Africa Project" |
| The National Lottery Community Fund | 23/04/2015 | £189k | Engage through Enterprise Project |
| The National Lottery Community Fund | 19/07/2012 | £9k | Youth Entrepreneurship & Business Skills Development |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PAUL HAMLYN FOUNDATION | 1 | £200k |
| JOHN ELLERMAN FOUNDATION | 1 | £120k |
| COUTTS CHARITABLE FOUNDATION | 1 | £120k |
| THE HEADLEY TRUST | 1 | £65k |
| KEHAL CHASIDEI WIZNITZ LIMITED | 1 | £49k |
| JEG TRUST LIMITED | 1 | £47k |
| CRIPPLEGATE FOUNDATION | 1 | £43k |
| LEEDS CULTURE TRUST | 1 | £25k |
Charities like this
- AIMING HIGH LONDON
- CENTRE4 LIMITED
- HIGHBURY VALE-BLACKSTOCK TRUST
- HIGHER FOLDS COMMUNITY CENTRE (LEIGH) LIMITED
- 20 STORIES HIGH
- ST JOHNS AND HIGHWOODS COMMUNITY ASSOCIATION LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HIGHLIFE CENTRE LTD | £782k | £64,538 | — | unclear | — | no doubt |
| AIMING HIGH LONDON | £130k | — | 0 | below | — | no doubt |
| CENTRE4 LIMITED | £3.5m | £70,001 - £80,000 | 1 | below | — | no doubt |
| HIGHBURY VALE-BLACKSTOCK TRUST | £583k | — | 0 | unclear | — | no doubt |
| HIGHER FOLDS COMMUNITY CENTRE (LEIGH) LIMITED | £282k | — | 0 | unclear | — | no doubt |
| 20 STORIES HIGH | £627k | — | 0 | unclear | — | no doubt |