GRACELIFE LONDON
?providing resources and facilities for public worship, pastoral care and spiritual, moral and educational development, both for the congregation and for anyone else who wishes to benefit from what GLL offers; ?promoting Christian values and service by members of the congregation to the community, for the benefit of individuals and society as a whole.
Objects
THE OBJECTS OF THE CHURCH ARE, FOR THE BENEFIT OF THE PUBLIC:2.1 TO ADVANCE THE CHRISTIAN FAITH IN GREATER LONDON AND ALSO IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE ELDERS FROM TIME TO TIME MAY THINK FIT AND IN SUCH WAYS AS THEY MAY THINK FIT, BUT ALWAYS IN ACCORDANCE WITH THE STATEMENT OF BELIEFS;2.2 TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND IN GREATER LONDON AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE ELDERS FROM TIME TO TIME MAY THINK FIT; AND2.3 TO ADVANCE THEOLOGICAL EDUCATION IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE ELDERS FROM TIME TO TIME MAY THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net loss of £52,832 for the year, resulting in a decrease in total net assets to £528,697. The trustees report that the charity remains in a steady financial position, supported by substantial overseas funding, although they note that the charity cannot depend on outside support indefinitely. Free reserves stood at £357,348, which the trustees consider sufficient to cover approximately three months of routine expenditure.
What the accounts disclose
“The Trustees consider that, given the nature of GLL’s work, free reserves should be equivalent to approximately 3 months’ routine general fund expenditure, plus committed future expenditure on other projects, where funds permit.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- THOMAS DRIONchair
- Adam Waller
- Daniel Jarms
- Dr KEITH HAROLD ESSEX
- KEVIN ALAN EDWARDS
- Michael Dionne
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £726k | £779k |
| 31/03/2024 | £900k | £706k |
| 31/03/2023 | £570k | £659k |
| 31/03/2022 | £721k | £461k |
| 31/03/2021 | £359k | £259k |
Common questions
Is GRACELIFE LONDON financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net loss of £52,832 for the year, resulting in a decrease in total net assets to £528,697. The trustees report that the charity remains in a steady financial position, supported by substantial overseas funding, although they note that the charity cannot depend on outside support indefinitely. Free reserves stood at £357,348, which the trustees consider sufficient to cover approximately three months of routine expenditure. Its FY2025 accounts were independently examined.