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LIFE CHURCH CUFFLEY

Registered charity 1195425 · accounts filings on the Charity Commission register · also known as LIFE CHURCH - CUFFLEY

Providing place for religious worship. Serving the community by providing services and helping to meet spiritual and practical needs

Causes: Religious Activities · website · Get email alerts

Latest income
£109k
Latest spending
£156k
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £47,095 for the year, resulting in a decrease in total funds from £1,146,401 to £1,131,726. The trustees confirm that there are more than sufficient financial resources to meet all known expenditure commitments and have adopted the going concern basis of accounting. No formal reserve policy has been agreed upon by the Leadership Team.

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

What the accounts disclose

Related-party transaction: The church premises and manse are held by the Baptist Union Corporation Ltd as legal trustee, with Life Church as the beneficial trustee.
“The Church occupies premises which are held by the Baptist Union Corporation Ltd as legal trustee with Life Church being the beneficial trustee.”
“The increase in income arose from a rise in donations received but also as interest rates increased from interest on balances held on the Church’s behalf by the Baptist Union.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity is affiliated with the Baptist Union of Great Britain, which holds funds on its behalf and pays interest.
“The Church occupies premises which are held by the Baptist Union Corporation Ltd as legal trustee with Life Church being the beneficial trustee.”
“The increase in income arose from a rise in donations received but also as interest rates increased from interest on balances held on the Church’s behalf by the Baptist Union.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The church is a member of the Baptist Union Pension Fund, a related party scheme.
“The Church occupies premises which are held by the Baptist Union Corporation Ltd as legal trustee with Life Church being the beneficial trustee.”
“The increase in income arose from a rise in donations received but also as interest rates increased from interest on balances held on the Church’s behalf by the Baptist Union.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

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

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/12/2024£109k£156k
31/12/2023£131k£145k
31/12/2022£97k£105k

Common questions

Is LIFE CHURCH CUFFLEY financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £47,095 for the year, resulting in a decrease in total funds from £1,146,401 to £1,131,726. The trustees confirm that there are more than sufficient financial resources to meet all known expenditure commitments and have adopted the going concern basis of accounting. No formal reserve policy has been agreed upon by the Leadership Team. Its FY2024 accounts were independently examined.