Charity Accounts Intelreading the accounts so you don’t have to

LIVING GRACE CHURCH

Registered charity 1171041 · accounts filings on the Charity Commission register

Living Grace Church is a growing family dedicated to encountering and demonstrating the love of God to everyone in Northampton and beyond. We seek to equip every member to bring carry this love and bring transformation to the their world.

Causes: Disability · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£99k
Latest spending
£110k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £10,912 for the year, resulting in a decrease in net current assets. The trustees note that finances remained a challenge and utilized reserves to cover the deficit while preparing for a merger with New Life Church. Despite the loss, the charity held unrestricted cash and investments of £512,512, which the trustees consider adequate to meet its reserves policy target of six months' running costs.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 6 months' running costs (held: £513k)
“The trustees have determined that the charity should aim to hold unrestricted cash to cover 6 months' running costs” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties
“received donations totalling £18,867 (2023: £23,867) from related parties (which includes trustees, any other members of key management and anyone closely connected to them). No expenses (2023: £0) were paid to, or for, the trustees.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£99k£110k
31/12/2023£104k£98k
31/12/2022£101k£104k
31/12/2021£112k£107k
31/12/2020£114k£94k

Common questions

Is LIVING GRACE CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £10,912 for the year, resulting in a decrease in net current assets. The trustees note that finances remained a challenge and utilized reserves to cover the deficit while preparing for a merger with New Life Church. Despite the loss, the charity held unrestricted cash and investments of £512,512, which the trustees consider adequate to meet its reserves policy target of six months' running costs. Its FY2024 accounts were independently examined.