LIFE FOR A KID FOUNDATION
'Life for a Kid Foundation was set up in March 2009 with the aim of helping children under the age of 16 by offering funds and equipment to help them lead a better life, also to help children who require life saving or life changing operations'
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?
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. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EDWARD GOSTLING FOUNDATION | 1 | £1.0m |
| THE BAND TRUST | 1 | £520k |
| EVERY YOUTH | 1 | £219k |
| THE OVO CHARITABLE FOUNDATION | 1 | £191k |
| THE STEVE MORGAN FOUNDATION | 1 | £185k |
| The Parochial Church Council of Ecclesiastical Parish of Emmer Green and Caversham Park St Barnabas | 1 | £182k |
| THE CHARIS TRUST | 1 | £120k |
| THE EARL OF NORTHAMPTON'S CHARITY | 1 | £66k |
Charities like this
- FOR CHILDREN & YOUNG PEOPLE
- LIFELITES
- THE LINK FOUNDATION LTD
- EDUCATION FOR LIFE
- THE BENJAMIN FOUNDATION
- THE CIBC WORLD MARKETS CHILDREN'S FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LIFE FOR A KID FOUNDATION | £177k | — | 0 | unclear | — | no doubt |
| FOR CHILDREN & YOUNG PEOPLE | £1.5m | — | 0 | unclear | 1.0% | no doubt |
| LIFELITES | £536k | — | 1 | unclear | — | no doubt |
| THE LINK FOUNDATION LTD | £113k | — | 0 | unclear | — | no doubt |
| EDUCATION FOR LIFE | £231k | — | 0 | below | — | no doubt |
| THE BENJAMIN FOUNDATION | £8.7m | — | — | unclear | — | no doubt |