IfL Financial Information

IfL is a not-for-profit organisation and a company limited by guarantee. IfL discloses information as required with Companies House.  Although IfL is not a charity we have been working towards charitable status since the summer of 2010, and are working towards disclosing the additional financial information that charities are required to provide.

1. Policies

IfL has in place a framework of accounting and financial controls within which staff, trustees and volunteers of IfL operate to protect accountability of public and other funds and ensure that value for money is achieved.

All policies are regularly reviewed by either the elected Non-Executive Board (NEB) or Audit Committee (a sub committee of NEB) as part of a rolling programme, and as each policy is reviewed and approved by the NEB it will be posted on the website:

 

2. Financial Data

Financial Statements

IfL’s Directors’ Report and Financial Statements to the 31 March 2011 are available to download as a pdf. These statements have been externally audited, adoped by IfL’s elected Council, and are lodged at Companies House for public inspection, in line with standard practice.

The Directors' Report and Financial Statements to 31 March 2010 can be viewed here
 

Other Financial Data