CHANGING LIVES CHARITY
Financial health, per its FY2023 accounts
The accounts state that the charity recorded a net deficit of £74,715 for the year ended 30 September 2023, resulting in unrestricted reserves of £54,586. Per the trustees' report, the charity remains solvent with adequate equity in its freehold property, though the independent examiner noted significant uncertainty regarding the charity's ability to continue as a going concern without refinancing a £322,000 loan due within 12 months.
What the accounts disclose
“While the lender has extended the loan to 30 September 2024, this is within 12 months of approval of the financial statements and financing beyond this date is uncertain, indicating a risk that the amount due to the lender may be called in. This means that there is significant uncertainty as to the charity's ability to continue as a going concern without refinancing of the loan or the sale of the property.” — page 10
Structured financials (annual return, FY ending 30/09/2025)
Register events
- Received assets from another charity (17/03/2026)
Trustees
- Catriona Aldwinckle
- Daniel Patrick Sibthorpe
- Dr Jennifer Ann Schaefer
- IAN BURNHAM FCA
- Kenneth Martin Knight
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £757k | £710k |
| 30/09/2024 | £711k | £725k |
| 30/09/2023 | £643k | £717k |
| 30/09/2022 | £500k | £546k |
| 30/09/2021 | £574k | £409k |
Common questions
Is CHANGING LIVES CHARITY financially healthy?
The accounts state that the charity recorded a net deficit of £74,715 for the year ended 30 September 2023, resulting in unrestricted reserves of £54,586. Per the trustees' report, the charity remains solvent with adequate equity in its freehold property, though the independent examiner noted significant uncertainty regarding the charity's ability to continue as a going concern without refinancing a £322,000 loan due within 12 months. Its FY2023 accounts were independently examined.
Who funds CHANGING LIVES CHARITY?
Funders whose own accounts filings name CHANGING LIVES CHARITY as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREWS CHURCH, CLEVEDON.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREWS CHURCH, CLEVEDON | FY2024 | £2k |
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 |