LIFE IN CHRIST CHURCH UK
To advance the Christian faith (in accordance with the statements of belief appearing in the schedule) through having a place for worship and gathering for worship and the holding of prayer meetings, lectures, public celebration of Christian festivals, producing and/or distributing literature to enlighten others about the Christian religion.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £15,343.68 on unrestricted funds for the year ended 31 March 2025. Per the trustees' report, the charity's reserves policy targets a balance equivalent to three months of unrestricted payments, calculated as £6,853.77. The actual unrestricted fund balance carried forward is £11,738.72, which is above the stated policy target.
What the accounts disclose
“It is RCL policy to maintain a balance on unrestricted funds, which equates to at least three months unrestricted payments equivalent to (£27,415.06/4= £6,853.77) to cover emergency situations that may arise from time to time.” — page 7
Trustees
- Abraham Yimer
- LYDIA SEYOUM
- TAMIRU DEFERA FEYIE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27k | £43k |
| 31/03/2024 | £18k | £19k |
| 31/03/2023 | £19k | £14k |
| 31/03/2022 | £14k | £11k |
| 31/03/2021 | £11k | £4k |
Common questions
Is LIFE IN CHRIST CHURCH UK financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £15,343.68 on unrestricted funds for the year ended 31 March 2025. Per the trustees' report, the charity's reserves policy targets a balance equivalent to three months of unrestricted payments, calculated as £6,853.77. The actual unrestricted fund balance carried forward is £11,738.72, which is above the stated policy target.