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FIRST LOVE CHURCH

Registered charity 1187533 · accounts filings on the Charity Commission register

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Latest income
£2.9m
Latest spending
£2.8m
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves of £727,151 were held at year-end, which is above the charity's stated policy target of £350,000 to £500,000. The charity reported a net income surplus of £325,445 for the year, with total income of £3,099,381 and total expenditure of £2,773,936. The auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: three to six months of recurring expenditure which equates to between £350,000 and £500,000 (held: £727k)
“The policy of the charity is to maintain reserves at three to six months of recurring expenditure which equates to between £350,000 and £500,000.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Moracle Limited Chartered Accountants & Registered Auditors. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£2.9m
Total spending
£2.8m
Reserves (reported)
£8.3m
Employees
1

Reported reserves equal ~35.3 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Angola · Benin · Burkina Faso · Cameroon · Cape Verde · Fiji · Ghana · Grenada · Guadeloupe · Ivory Coast · Kenya · Liberia

Income and spending

Financial year endIncomeSpending
31/12/2025£2.9m£2.8m
31/12/2024£3.1m£2.8m
31/12/2023£2.7m£2.7m
31/12/2022£2.2m£2.5m
31/12/2021£1.8m£1.3m

Common questions

Is FIRST LOVE CHURCH financially healthy?

The accounts state that unrestricted reserves of £727,151 were held at year-end, which is above the charity's stated policy target of £350,000 to £500,000. The charity reported a net income surplus of £325,445 for the year, with total income of £3,099,381 and total expenditure of £2,773,936. The auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Moracle Limited Chartered Accountants & Registered Auditors.