LIFE FOR A KID FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported an unrestricted deficit of £20,871 for the year ended 30 April 2025, resulting in a net asset decrease from £44,838 to £23,967. The trustees maintain that resources are adequate to continue operations, noting that funds are held for specific charitable purposes and future running costs. No material uncertainties affecting the charity's ability to continue as a going concern were identified in the filing.
What the accounts disclose
“The board’s policy is to ensure that funds are maintained to cover the running expenses of the charity and office and to raise more funds for various children.” — page 4
Trustees
- Shelley Polsonchair
- DARREN RICHARD PALMER
- Timothy Stephen Mennell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £177k | £198k |
| 30/04/2024 | £255k | £295k |
| 30/04/2023 | £312k | £319k |
| 30/04/2022 | £255k | £273k |
| 30/04/2021 | £123k | £102k |
Common questions
Is LIFE FOR A KID FOUNDATION financially healthy?
The accounts state that the charity reported an unrestricted deficit of £20,871 for the year ended 30 April 2025, resulting in a net asset decrease from £44,838 to £23,967. The trustees maintain that resources are adequate to continue operations, noting that funds are held for specific charitable purposes and future running costs. No material uncertainties affecting the charity's ability to continue as a going concern were identified in the filing. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF WIZNITZ LIMITED | 1 | £335k |
| 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 |
| TAGMARSH CHARITY LIMITED | 1 | £75k |
| CHAIM BECHESED | 1 | £50k |