LIFE CHURCH HOOK
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £11,809 for the year, resulting in a decrease in total funds from £714,789 to £702,979. The trustees consider the financial position to be satisfactory and note that reserves have been maintained at a level equivalent to between three and six months' expenditure. The document confirms there are no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months' expenditure.” — page 5
Register events
- Received assets from another charity (19/01/2015)
Trustees
- David Allen HILLchair
- Elizabeth Ruth Boalch
- Nicholas Gavin Boalch
- PETER MACPHERSON
- THOMAS COLEBROOKE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £109k | £76k |
| 31/05/2024 | £98k | £109k |
| 31/05/2023 | £112k | £105k |
| 31/05/2022 | £109k | £104k |
| 31/05/2021 | £109k | £88k |
Common questions
Is LIFE CHURCH HOOK financially healthy?
The accounts state that the charity reported a net expenditure of £11,809 for the year, resulting in a decrease in total funds from £714,789 to £702,979. The trustees consider the financial position to be satisfactory and note that reserves have been maintained at a level equivalent to between three and six months' expenditure. The document confirms there are no material uncertainties regarding the charity's ability to continue. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CO-MISSION INITIATIVE TRUST | 1 | £173k |
| BANBURY CHARITIES | 1 | £9k |