HELP CHANGE LIVES
Financial health, per its FY2025 accounts
The accounts state that the charity held total net assets of £64,489 at year-end, with a reserves policy to hold funds covering four months of forecast expenditure. The trustees report that 100% of non-trustee donations were spent on projects, as trustees covered all administrative and fundraising costs, resulting in a net movement in funds of £12,571 for the year.
What the accounts disclose
“Our reserves policy is to hold at least enough funds to cover legally committed expenditure and forecast expenditure for the next four months.” — page 7
“Donations from Parus Shah (related party and trustee of Help Change Lives) amounted to £303,402 (prior year amount £261,593)” — page 16
“53% (prior year 70%) of funds were raised from trustees and related parties. The amount includes Gift Aid and corporate matching.” — page 7
“Donations from Parus Shah (related party and trustee of Help Change Lives) amounted to £303,402 (prior year amount £261,593)” — page 16
“53% (prior year 70%) of funds were raised from trustees and related parties. The amount includes Gift Aid and corporate matching.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Pallvee Shah FCA CTAchair
- Parus Mahendra Shah BSc, MSc
- Prashant Amatya BSc, FCA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £600k | £588k |
| 31/03/2024 | £390k | £413k |
| 31/03/2023 | £365k | £337k |
| 31/03/2022 | £197k | £183k |
| 31/03/2021 | £82k | £83k |
Common questions
Is HELP CHANGE LIVES financially healthy?
The accounts state that the charity held total net assets of £64,489 at year-end, with a reserves policy to hold funds covering four months of forecast expenditure. The trustees report that 100% of non-trustee donations were spent on projects, as trustees covered all administrative and fundraising costs, resulting in a net movement in funds of £12,571 for the year. Its FY2025 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 |