CHANGING LIVES DIDCOT
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds increased to £40,870, up from £27,655 in the prior year, resulting in a net income of £13,215. The trustees report that these funds will enable the charity to continue to operate for a further year, supported by income from shop sales and donations. However, the independent examiner noted significant concerns regarding the maintenance of satisfactory accounting records for cash transactions and grants.
What the accounts disclose
“No funds are held in reserve, all are available for client grants.” — page 4
Trustees
- Daren Ballard
- James rouse
- Lynne Salt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £172k | £201k |
| 31/03/2024 | £192k | £197k |
| 31/03/2023 | £208k | £195k |
| 31/03/2022 | £189k | £212k |
| 31/03/2021 | £161k | £180k |
Common questions
Is CHANGING LIVES DIDCOT financially healthy?
The accounts state that unrestricted funds increased to £40,870, up from £27,655 in the prior year, resulting in a net income of £13,215. The trustees report that these funds will enable the charity to continue to operate for a further year, supported by income from shop sales and donations. However, the independent examiner noted significant concerns regarding the maintenance of satisfactory accounting records for cash transactions and grants. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREWS CHURCH, CLEVEDON | 1 | £2k |