Question 1

What is the mission of LOW COST LIVING LIMITED?

Accepted Answer

1) THE RELIEF OF FINANCIAL HARDSHIP AMONG PEOPLE LIVING OR WORKING IN LONDON BY PROVIDING SUCH PERSONS WITH LOW-COST HOUSEHOLD GOODS AND FOOD WHICH THEY COULD NOT OTHERWISE AFFORD THROUGH LACK OF MEANS.2) THE PROMOTION OF ANY OTHER EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES SUCH AS THE TRUSTEES SEE FIT, PROVIDED THAT THEY ARE REGARDED AS CHARITABLE BY THE LAW OF ENGLAND AND WALES.

Question 2

What is the financial size of LOW COST LIVING LIMITED?

Accepted Answer

LOW COST LIVING LIMITED is classified as a large charity. In the latest financial year, they reported a total income of £7,793,597 and total expenditure of £7,659,209.

Question 3

How does LOW COST LIVING LIMITED allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.8%).

Question 4

What is the workforce structure of LOW COST LIVING LIMITED?

Accepted Answer

LOW COST LIVING LIMITED employs 31 staff members and is supported by 0 volunteers.

Question 5

Does LOW COST LIVING LIMITED receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does LOW COST LIVING LIMITED pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

LOW COST LIVING LIMITED

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