IT'S YOUR LIFE

Registered charity 1116802 · accounts filings on the Charity Commission register · also known as GLOBETOWN LEARNING COMMUNITY

The charity is currently carrying out the following activities:Integrated programme of support to build educational capital and improve the life chances of young people and their families;Classes in ESOL, ICT, Maths and Textiles for parents;Curriculum support for pupils with special needs;Community support in the Arts.

Causes: Education/training · Arts/culture/heritage/science · Amateur Sport · website · Get email alerts

Latest income
£321k
Latest spending
£352k
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £30,682 for the year, resulting in total unrestricted reserves of £153,054. Per the trustees' report, the charity holds reserves above its stated policy target of three months' income, indicating a stable financial position despite operating in a sector with significant funding pressures.

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

What the accounts disclose

Reserves policy: three months income (held: £153k)
“The Trustees consider that a policy of holding a minimum of three months income as a general reserve is appropriate for the charity at the present time” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 21 Related parties
“During the year payments totalling £38,000 (2024: £32,680) were paid to T Barnes in repspect of fundraising (£17,600) Health and Safety/Builidng Managment (£9,600) and Teaching ( £11,200). T Bames is the partner of J Barnes CEO.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — It's Your Life (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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

Structured financials (annual return, FY ending 31/03/2023)

Total income
£591k
Total spending
£318k
Cost of raising funds
£26k
Reserves (reported)
£99k
Employees
7

Reported reserves equal ~3.7 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% 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: 4.4% of total income — above the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Knowsley · Liverpool City · Newham · Tower Hamlets

Income and spending

Financial year endIncomeSpending
31/03/2025£321k£352k
31/03/2024£180k£361k
31/03/2023£591k£318k
31/03/2022£357k£320k
31/03/2021£309k£307k

Common questions

Is IT'S YOUR LIFE financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £30,682 for the year, resulting in total unrestricted reserves of £153,054. Per the trustees' report, the charity holds reserves above its stated policy target of three months' income, indicating a stable financial position despite operating in a sector with significant funding pressures. Its FY2025 accounts were independently examined.

Who funds IT'S YOUR LIFE?

Funders whose own accounts filings name IT'S YOUR LIFE as a grant recipient include THE SACKLER TRUST, TALLOW CHANDLERS BENEVOLENT FUND NO 2, SIR ROBERT GEFFERY'S ALMSHOUSE TRUST, EAST END COMMUNITY FOUNDATION, WAKEFIELD AND TETLEY TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE SACKLER TRUSTFY2024£50k
TALLOW CHANDLERS BENEVOLENT FUND NO 2FY2024£11k
TALLOW CHANDLERS BENEVOLENT FUND NO 2FY2023£11k
SIR ROBERT GEFFERY'S ALMSHOUSE TRUSTFY2024£5k
EAST END COMMUNITY FOUNDATIONFY2025£4kEducation support for young people
WAKEFIELD AND TETLEY TRUSTFY2024£3kCALMER Programme providing young people with academic mentoring sessions alongside arts, music, gardening, mental health and behaviour support.
THE PETER STEBBINGS MEMORIAL CHARITYFY2025£0

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund18/12/2025£400kCommunity Education Zone Continuation
City Bridge Foundation22/04/2025£141kGrant to It's Your Life
The National Lottery Community Fund21/03/2024£14kSew Talented Celebrates The Windrush Generation
The National Lottery Community Fund30/11/2022£299kCommunity Education Zone
The National Lottery Community Fund19/03/2021£10kIt's Your Future (CHARM Project)
The National Lottery Community Fund15/03/2019£9kMums@Maths (M@M)
UK government18/02/2019£9kTampon Tax Community Fund
The National Lottery Community Fund10/07/2006£5kChanges