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LIFE PATH TRUST LIMITED

Registered charity 1013242 · accounts filings on the Charity Commission register · also known as COVENTRY HOMES (MHC) LIMITED

The main activities of the Charity at present are :Care and SupportWe support people with learning disabilities in their own homes, day opportunities and provide personal care if needed. We also provide a respite service.Supported employmentWe provide supported employment to people with learning disabilities through our subsidiary Newpath Ventures Limited which runs a number of businesse

Causes: Disability · website · Get email alerts

Latest income
£1.9m
Latest spending
£2.0m
Registered
1992
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net loss of £174,687 for the year ended 31 March 2025, resulting in unrestricted free reserves of negative £226,605. The trustees' report notes that reserves are being utilised while actions to reduce costs and generate income are implemented, and the auditor has identified a material uncertainty regarding the charity's ability to continue as a going concern due to the pending sale of the Walsgrave site.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (15% of income)
“Donations and legacies 79,558”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £-227k; policy: three months of unrestricted expenditure)
“At the year-end there were free reserves of (£226,605) (2024: (£62,779)). Our aim is to hold 3 months of operating costs in free reserves to cover our cash flow requirements, of which the Charity is not currently achieving.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“We draw your attention to note 2 in the financial statements, which states that the charitable company and the group incurred losses again in 2025 and that alternative financing arrangements may need to be considered if the Walsgrave site cannot be sold within a reasonable timescale. As stated in note 2, these events or conditions indicate that a material uncertainty exists which that may cast significant doubt on the charitable company’s or the group’s ability to continue as a Going Concern.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Audit opinion: qualified
“We did not observe the counting of physical stock held by the subsidiary company, Newpath Ventures Limited, at the end of the year. We were unable to satisfy ourselves by alternative means concerning the stock quantities held at 31 March 2025, which are included in the balance sheet at £118,554, by using other audit procedures.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Judy Ryan paid a £10 donation with her membership fee.
“Judy Ryan a trustee of Life Path Trust paid a £10 donation with her membership fee in the year.” — page 37
“Phillip Rusk, a trustee of Life Path Trust paid a £24 donation with his membership fee during the year.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Phillip Rusk paid a £24 donation with his membership fee.
“Judy Ryan a trustee of Life Path Trust paid a £10 donation with her membership fee in the year.” — page 37
“Phillip Rusk, a trustee of Life Path Trust paid a £24 donation with his membership fee during the year.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 5 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — Life Path Trust (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

11 registered titles in England and Wales held by the charity’s company or corporate body (8 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: Life Path Trust Limited — Registered, 3 registered locations, 2 regulated activities, last inspected 15/03/2022.charity number confirmed by CQC CQC record

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.9m
Total spending
£2.0m
Reserves (reported)
£0
Employees
35

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees · trustee networks

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

Operates in: Coventry City · Warwickshire

Income and spending

Financial year endIncomeSpending
31/03/2025£1.9m£2.0m
31/03/2024£1.6m£1.8m
31/03/2023£3.0m£3.7m
31/03/2022£7.0m£7.4m
31/03/2021£8.1m£7.8m

Common questions

Is LIFE PATH TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net loss of £174,687 for the year ended 31 March 2025, resulting in unrestricted free reserves of negative £226,605. The trustees' report notes that reserves are being utilised while actions to reduce costs and generate income are implemented, and the auditor has identified a material uncertainty regarding the charity's ability to continue as a going concern due to the pending sale of the Walsgrave site. Its FY2025 accounts were audited by Crowe U.K. LLP.

Who funds LIFE PATH TRUST LIMITED?

Funders whose own accounts filings name LIFE PATH TRUST LIMITED as a grant recipient include THE 29TH MAY 1961 CHARITY, ARDONAGH COMMUNITY TRUST, THE VARRIER-JONES FOUNDATION, COVENTRY CHURCH (MUNICIPAL) CHARITIES, THE EDWARD AND DOROTHY CADBURY TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE 29TH MAY 1961 CHARITYFY2022£30kcosts of caring for people with learning difficulties in Coventry
ARDONAGH COMMUNITY TRUSTFY2025£5kEducation & learning
THE VARRIER-JONES FOUNDATIONFY2025£2k
COVENTRY CHURCH (MUNICIPAL) CHARITIESFY2025£1kGrants: Relief in need
THE EDWARD AND DOROTHY CADBURY TRUSTFY2025£1kCommunity Inclusion and Engagement

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION2£3k
THE BURRY CHARITABLE TRUST1—
THE ALBERT GUBAY CHARITABLE FOUNDATION1£374k
THE GERALD MICKLEM CHARITABLE TRUST1£227k
KUSUMA TRUST UK1£196k
AKO FOUNDATION1£128k
THE O'SULLIVAN FAMILY CHARITABLE TRUST1£103k
THE GRANT FOUNDATION1£75k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HF TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
LIFE PATH TRUST LIMITED£1.9m—0below—material uncertainty
HF TRUST LIMITED FY2025£85.0m——unclear50.0%material uncertainty
THE STABLE FAMILY HOME TRUST FY2025£4.0m£80,001 - £90,0001below—no doubt
JOURNEY ENTERPRISES LTD FY2025£1.3m—0above—no doubt
MISSION EMPLOYABLE FY2025£1.1m—0unclear—no doubt
Learning Disability Network London Limited FY2025£22.7m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.