LIFE IN ABUNDANCE UK
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus of £7,330 for the year ended 31 December 2023, with total funds at year-end amounting to £75,250. Unrestricted reserves stood at £4,700, which is below the trustees' stated policy target of £12,000. The trustees consider the charity to be a going concern, citing adequate expected income to cover operating costs for the next 12-18 months.
What the accounts disclose
“The Trustees have a policy to hold reserves of £12,000 in unrestricted funds” — page 6
Trustees
- Conrad Edson St John Neverschair
- Dr Florence Ndinda Muindi
- Dr Jennifer Pearl Tsui
- Nicholas Addo
- Paul Bakibinga
- The Lady Andrea Lenzie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £156k | £183k |
| 31/12/2023 | £112k | £105k |
| 31/12/2022 | £84k | £61k |
| 31/12/2021 | £90k | £86k |
| 31/12/2020 | £63k | £90k |
Common questions
Is LIFE IN ABUNDANCE UK financially healthy?
The accounts state that the charity reported a net surplus of £7,330 for the year ended 31 December 2023, with total funds at year-end amounting to £75,250. Unrestricted reserves stood at £4,700, which is below the trustees' stated policy target of £12,000. The trustees consider the charity to be a going concern, citing adequate expected income to cover operating costs for the next 12-18 months. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RIVERTREE TRUST | 1 | £25k |
| THE ASHBURNHAM THANKSGIVING TRUST | 1 | £7k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY BARNES | 1 | £4k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |
| THE BISHOP RADFORD TRUST | 1 | £2k |