HIS LIFE CHURCH
THE OBJECT OF THE CIO IS, FOR THE PUBLIC BENEFIT, THE ADVANCEMENT OF THE CHRISTIAN FAITH, IN PARTICULAR BUT NOT EXCLUSIVELY, BY WORSHIP SERVICES, HOLDING OF PRAYER MEETINGS, CHRISTIAN TEACHING, THE PUBLIC CELEBRATION OF RELIGIOUS FESTIVALS AND EVANGELISTIC ACTIVITIES.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £13,246 for the year, reducing its unrestricted fund balance from £218,607 to £205,361. Despite this deficit, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity holds a large cash balance with the intention of potentially purchasing a building in the future.
What the accounts disclose
“The trustees have determined that, in line with their belief that God provides for the work to which He calls His people, no reserves should be maintained for the work of the charity.” — page 7
“The pastor, Mr Tobias Avery, a trustee, and his wife are employees of the charity as permitted by the constitution. Their gross income for the year amounted to £40,000 (2023: £30,000) and they received benefits by way of pension contributions amounting to £2,400 (2023: £1,800).” — page 16
“The pastor, Mr Tobias Avery, a trustee, and his wife are employees of the charity as permitted by the constitution. Their gross income for the year amounted to £40,000 (2023: £30,000) and they received benefits by way of pension contributions amounting to £2,400 (2023: £1,800). The only other payments made to the trustees, or any person connected with them, consisted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects.” — page 16
Trustees
- Gareth Rought Jenkinschair
- REVEREND JONATHAN COLYER
- Sharon King
- Tobias Keith Avery
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £78k | £91k |
| 31/12/2023 | £97k | £68k |
| 31/12/2022 | £210k | £20k |
| 31/12/2021 | £0 | £0 |
Common questions
Is HIS LIFE CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure deficit of £13,246 for the year, reducing its unrestricted fund balance from £218,607 to £205,361. Despite this deficit, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity holds a large cash balance with the intention of potentially purchasing a building in the future. Its FY2024 accounts were independently examined.