SECOND CHANCE ASSOCIATION

Registered charity 1126099 · accounts filings on the Charity Commission register · also known as Second Chance Charity Shop

We support and fund the advancement of education and Christian missions in UK and overseas. We also identify, support, and provide local and national relief or donations for those in specific need or for public benefit. Funds are generated by the sale of secondhand goods through our shop. We offer training and support to our volunteers. The shop acts as a centre where people meet and make friends.

Objects

The relief of those who are in need by reason of youth, age, ill health, disability, financial hardship, or for the public benefit, by making grants to charities or community organisations (and occasionally individuals where there is no charity or community organisation available) providing support in these areas. The advancement of education in the public benefit by making grants to educational establishments working to sustain and increase individual and collective knowledge in the UK and overseas. The advancement of citizenship through supporting youth groups and the voluntary sector by providing opportunities to volunteer in the charity's shop and charity events, and to gain work experience. Also, by making grants to youth groups to support the costs of their work and events.The advancement of Christianity by making grants to organisations supporting missionary and outreach work in the UK and abroad.

Area of benefit: NATIONAL AND OVERSEAS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts

Latest income
£53k
Latest spending
£62k
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £8,807 for the year, reducing its unrestricted funds from £93,600 to £84,793. The trustees' report notes that while annual takings were similar to the previous year, increased costs led to this deficit, though the charity remains profitable in its shop operations and has sufficient reserves to cover nine months of running costs.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: nine months of running costs (held: £85k)
“Second Chance Association has agreed a reserves policy of holding reserves to cover 9 months running costs in the event of a major problem.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Lincolnshire

Income and spending

Financial year endIncomeSpending
31/12/2024£53k£62k
31/12/2023£57k£30k
31/12/2022£51k£42k
31/12/2021£44k£22k
31/12/2020£31k£40k

Common questions

Is SECOND CHANCE ASSOCIATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £8,807 for the year, reducing its unrestricted funds from £93,600 to £84,793. The trustees' report notes that while annual takings were similar to the previous year, increased costs led to this deficit, though the charity remains profitable in its shop operations and has sufficient reserves to cover nine months of running costs. Its FY2024 accounts were independently examined.