RECYCLING LIVES CHARITY
Financial health, per its FY2025 accounts
The accounts state that the group recorded a significant operating deficit of £622,838 for the year ended 30 April 2025, leading to a depletion of reserves. The trustees confirm that free reserves of £238,953 are within the stated policy target of £200,000 to £400,000 and that the charity has sufficient resources to continue as a going concern for the next 12 months.
What the accounts disclose
“The target of free reserves (unrestricted funds not invested in fixed assets or otherwise designated) was set to be between £200,000 and £400,000.”
“J B Taylor was paid £12,000 (2024: £25,500) during the year for IT consultancy services provided.” — page 26
“At 30th April 2025 the subsidiary Recycling Lives (Social Enterprise) Limited owed to the parent charitable company £740,623 (2024 - £379,576). The amount is non-interest bearing and unsecured.” — page 36
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- JONATHAN BRYAN TAYLORchair
- CHARLES JACKSON
- Caroline Whalley-Hunter
- DAMIEN SNAPE
- Nicola Whittle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £2.6m | £3.2m |
| 30/04/2024 | £2.5m | £2.8m |
| 30/04/2023 | £2.7m | £2.3m |
| 30/04/2022 | £2.1m | £1.8m |
| 30/04/2021 | £2.3m | £1.6m |
Common questions
Is RECYCLING LIVES CHARITY financially healthy?
The accounts state that the group recorded a significant operating deficit of £622,838 for the year ended 30 April 2025, leading to a depletion of reserves. The trustees confirm that free reserves of £238,953 are within the stated policy target of £200,000 to £400,000 and that the charity has sufficient resources to continue as a going concern for the next 12 months. Its FY2025 accounts were audited by DJH Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THALES CHARITABLE TRUST | 1 | — |
| FRIENDS OF WIZNITZ LIMITED | 1 | £335k |
| THE PENNIES FOUNDATION | 1 | £218k |
| SF FOUNDATION | 1 | £209k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £154k |
| CMZ LTD | 1 | £137k |
| NES FOUNDATION LTD | 1 | £112k |
| MERCAZ TORAH VECHESED LIMITED | 1 | £104k |