GRACE LIFE CHURCH LTD
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Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £43,892 for the year, with total income of £90,250 against total expenditure of £46,358. The trustees report unrestricted reserves of £103,429, which they consider sufficient to meet working capital requirements and protect the organisation against significant drops in funding. The charity is funded primarily by donations and grants, with no disclosed trading subsidiaries or pension deficits.
What the accounts disclose
“The policy is also to keep the administration costs down and not to commit to any long-term programmes or financial commitments unless and until funding is secured for that particular program.”
“Pastor Andrew Grimshaw however is salaried for the pastoral work of Grace Life Church Ltd”
Trustees
- Marian Angela Surgenorchair
- Alison Grimshaw
- Andrew Grimshaw
- Danny Akufuna
- MARGARITE KAMANKEN-BILLE
- Roosevelt Amalu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £90k | £46k |
| 31/05/2024 | £39k | £35k |
| 31/05/2023 | £38k | £42k |
Common questions
Is GRACE LIFE CHURCH LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £43,892 for the year, with total income of £90,250 against total expenditure of £46,358. The trustees report unrestricted reserves of £103,429, which they consider sufficient to meet working capital requirements and protect the organisation against significant drops in funding. The charity is funded primarily by donations and grants, with no disclosed trading subsidiaries or pension deficits. Its FY2025 accounts were independently examined.
Who funds GRACE LIFE CHURCH LTD?
Funders whose own accounts filings name GRACE LIFE CHURCH LTD as a grant recipient include THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST | FY2025 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 31/01/2025 | £19k | Grace Life Church: Serving Up Support in Openshaw |