THE LVE CHARITABLE FOUNDATION
We work with young people between the ages of 11-28 to assist them in reaching there full potential but also work across the whole community to offer support Community support is essential for the development and well-being of urban areas. Urban areas can be highly diverse, with people from different backgrounds and cultures living in close proximity. The support and engagement of community
Objects
THE OBJECTS AS WORDED ARE NOT IN AN EXCLUSIVELY CHARITABLE FORMAT AND WILL NEED TO BE AMENDED. IN YOUR LITERATURE YOU HAVE SAID THAT THE ORGANISATION’S PURPOSE IS TO ADVANCE YOUNG PEOPLE IN LIFE. I WOULD THEREFORE SUGGEST THE TRUSTEES ADOPT OUR MODEL OBJECTS FOR THIS PURPOSE AS FOLLOWS:-TO ACT AS A RESOURCE FOR YOUNG PEOPLE AGED FROM 16 TO 28 LIVING IN NORTH LONDON AND THE LEE VALLEY CORRIDOR BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF: (A) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;(B) ADVANCING EDUCATION; (C) RELIEVING UNEMPLOYMENT;(D) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS.
Financial health, per its FY2024 accounts
The accounts state that the charity held total unrestricted reserves of £44,934 against a policy target of three months of operating expenses. The charity reported a net movement in funds of £25,043 for the year, resulting in total net assets of £100,261. The trustees confirmed adequate resources to continue operating for the foreseeable future.
What the accounts disclose
“The charity aims to hold reserves to cover 3 months of its operating expenses.” — page 5
“During the year, the charity incurred costs for the services of Trustees of £36,000 (2023 - £36,000 ).” — page 17
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 4
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 8
- Trustee benefits, answered Yes to: any trustee benefit
Self-declared on the annual return for the financial year ending 31/12/2022
- Volunteers: 8
- Government income: £40,000 — grants £40,000 (2); 11% of the £372,139 total gross income on the same return
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Annual return filing dates (Charity Commission record)
Of its last 4 annual returns with a recorded received date, 4 were received after the due date: year ending 31/12/2024 (received 07/12/2025, 37 days after the 31/10/2025 due date); year ending 31/12/2023 (received 01/05/2025, 182 days after the 31/10/2024 due date); year ending 31/12/2022 (received 21/10/2024, 356 days after the 31/10/2023 due date); year ending 31/12/2021 (received 24/07/2023, 266 days after the 31/10/2022 due date).
1 further annual return is past its due date with no recorded received date (Charity Commission register).
Trustees
- MICHAEL POLLEDRI MBEchair
- GARY WALKER
- JON MICHAEL POLLEDRI
- KAREN BELLAMY
- Peter French
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | — | — |
| 31/12/2024 | £282k | £257k |
| 31/12/2023 | £421k | £425k |
| 31/12/2022 | £372k | £317k |
| 31/12/2021 | £372k | £317k |
Common questions
Is THE LVE CHARITABLE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity held total unrestricted reserves of £44,934 against a policy target of three months of operating expenses. The charity reported a net movement in funds of £25,043 for the year, resulting in total net assets of £100,261. The trustees confirmed adequate resources to continue operating for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE RANK FOUNDATION LIMITED | 1 | £90k |
| THE TUIXEN FOUNDATION | 1 | £62k |
| THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION | 1 | £61k |
| THE FUNDING NETWORK | 1 | £22k |
| THE LOWER GREEN FOUNDATION | 1 | £12k |
| THE CHILDREN'S AID COMMITTEE CHARITABLE FUND | 1 | £11k |
| COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION | 1 | £10k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £10k |
Charities like this
- Caring for Communities and People
- LISS YOUTH CENTRE LIMITED
- MAKING A DIFFERENCE
- CHERRYTREE
- CITY UNITED LTD
- FOR CHILDREN & YOUNG PEOPLE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LVE CHARITABLE FOUNDATION | £282k | — | 0 | unclear | — | no doubt |
| Caring for Communities and People | £13.0m | — | — | above | — | no doubt |
| LISS YOUTH CENTRE LIMITED | £116k | — | — | unclear | — | no doubt |
| MAKING A DIFFERENCE | £30k | — | 0 | unclear | — | no doubt |
| CHERRYTREE | £70k | — | 0 | unclear | — | no doubt |
| CITY UNITED LTD | £938k | £60,001 - £70,000 | 1 | above | — | no doubt |