CHANGES HEALTH & WELLBEING
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £640,029, with total incoming resources of £3,491,276 against charitable expenditure of £2,836,328. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors regarding going concern.
What the accounts disclose
“The charitable company’s reserves policy takes into account the Directors’ forecast for future income and expenditure, including the potential for fundraising. In formulating the policy, the Directors considered that reserves are required to provide a contingency to ensure continuity in the event of a large variation in the charitable company’s income.” — page 10
“During the year the charity entered into transactions with K Wheat, the spouse of the Chief Executive Officer for the provision of mindfulness training. The value of transactions for the services supplied, all being conducted on an arms length basis, was £6,000 (2024 : £7,063). There was no balance outstanding at the year end.” — page 35
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (21/07/2026)
- Received assets from another charity (02/07/2012)
Trustees
- CLAIR DAVIS
- Catherine Roberts
- David Dale
- ERNEST JOHN IRONS
- Stephen Rowley
- Stephen Sharrock
- Suzanne Hacking
- Timothy Davis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.5m | £2.8m |
| 31/03/2024 | £2.6m | £2.6m |
| 31/03/2023 | £3.1m | £2.7m |
| 31/03/2022 | £2.1m | £2.1m |
| 31/03/2021 | £1.8m | £1.7m |
Common questions
Is CHANGES HEALTH & WELLBEING financially healthy?
The accounts state that unrestricted reserves increased to £640,029, with total incoming resources of £3,491,276 against charitable expenditure of £2,836,328. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors regarding going concern. Its FY2025 accounts were audited by Geens Limited.