THE JOURNEY OF A LIFETIME TRUST (JOLT)
JoLt was set up in 1983 and is run on a totally voluntary basis. Every 2 years, JoLt organises expeditions all over the world for groups of young people (from 14 to 21 years) with significant disadvantages (they are disabled or ill, or have been neglected or abused). These are tiring, taxing but hugely rewarding journeys. Each young person is expected to fundraise; donations make up the balance.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £37,184 for the year ended 31 December 2024, reducing its total unrestricted funds to £71,536. The trustees acknowledge that fundraising is becoming more difficult and note that expeditions only run every two years, causing significant fluctuations in income and expenditure. Despite the deficit, the trustees confirm the charity has adequate resources to continue in operational existence for at least the next twelve months.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 04236414
Company officers (Companies House)
- ASOLE, Annabel Natalie on trustee list
- DAVIES, Natasha Ingrid Alexandra on trustee list
- RIDGEON, Emma Jane on trustee list
- HUSSEY, Olivia Jane, Dr on trustee list
- GRUSELLE, Simon
Trustees
- SIMON GRUSELLEchair
- Annabel Natalie Asole
- Dr OLIVIA HUSSEY
- EMMA RIDGEON
- Natasha Ingrid Davies
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £49k | £86k |
| 31/12/2023 | £10k | £47k |
| 31/12/2022 | £9k | £7k |
| 31/12/2021 | £9k | £4k |
| 31/12/2020 | £10k | £3k |
Common questions
Is THE JOURNEY OF A LIFETIME TRUST (JOLT) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure deficit of £37,184 for the year ended 31 December 2024, reducing its total unrestricted funds to £71,536. The trustees acknowledge that fundraising is becoming more difficult and note that expeditions only run every two years, causing significant fluctuations in income and expenditure. Despite the deficit, the trustees confirm the charity has adequate resources to continue in operational existence for at least the next twelve months. Its FY2024 accounts were independently examined.