THE HOUSE OF LEVI
-Every week we go out in the streets to invite members of the community to attend our services and to cater to the needs of the people we meet.-We support varying agencies in the local area which deals with drugs, alcohol, housing or support with their children.-We assist charities like Salvation Army, with food, clothing and bedding for the homeless in the community and other parts of London.
Financial health, per its FY2024 accounts
The accounts state that total expenditure exceeded total income during the year, resulting in a net decrease in funds. The independent examiner noted that this deficit may impact the charity's ability to operate sustainably and highlighted the need for a formal reserves policy to safeguard its ongoing viability. Despite this, the trustees declared the charity remains in a healthy financial position.
What the accounts disclose
“It is therefore especially important to have and actively implement a current and formal reserves policy to strengthen financial resilience”
“This may impact the charity’s ability to operate sustainably. It is therefore especially important to have and actively implement a current and formal reserves policy to strengthen financial resilience and safeguard the charity’s ongoing viability as a going concern.”
“The Trustee to whom and for whom the payments above were made is one of the two ministers who provide the services of pastoral care and other charitable services to and for the charity.” — page 34
“The amount related to 'other' are for his accommodation and council tax.”
“The Trustee to whom and for whom the payments above were made is one of the two ministers who provide the services of pastoral care and other charitable services to and for the charity.” — page 34
“The amount related to 'other' are for his accommodation and council tax.”
“The recommendation I provided regarding the transfer of the car ownership—currently registered in a trustee’s name—to the charity has not been completed. This is a critical compliance issue, as the Charity Commission requires that assets be properly registered in the charity’s name to protect them and ensure they are used solely for charitable purposes.” — page 14
Trustees
- BRENFORD LEVY MORGANchair
- Ann Marie Lemonius
- Colette Martin
- Denise Cassandra Claudia Richards
- Jay Sharma
- Martyna Nosal
- Miranda Natalie Martin-Morgan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £249k | £263k |
| 31/12/2023 | £240k | £299k |
| 31/12/2022 | £335k | £345k |
| 31/12/2021 | £272k | £293k |
| 31/12/2020 | £239k | £198k |
Common questions
Is THE HOUSE OF LEVI financially healthy?
Per its FY2024 accounts: The accounts state that total expenditure exceeded total income during the year, resulting in a net decrease in funds. The independent examiner noted that this deficit may impact the charity's ability to operate sustainably and highlighted the need for a formal reserves policy to safeguard its ongoing viability. Despite this, the trustees declared the charity remains in a healthy financial position. Its FY2024 accounts were independently examined.