SLEAP

Registered charity 1184663 · accounts filings on the Charity Commission register

Support & lodgings for young people

Objects

THE OBJECTS OF THE CIO ARE FOR THE PUBLIC BENEFIT:THE RELIEF OF POVERTY OF YOUNG PERSONS IN LANCASHIRE WHO ARE IN CONDITIONS OF NEED, HARDSHIP AND DISTRESS BY THE PROVISION OF TEMPORARY ACCOMMODATION BASED ON THE EXPRESSION OF THE CHRISTIAN FAITH THROUGH CARE, COMPASSION AND RELEVANT PRACTICAL AND SPIRITUAL HELP AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£62k
Latest spending
£121k
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that SLEAP reported a loss of £59,060 for the year ended March 2025, resulting in a decrease in net assets from £157,267 to £98,207. The charity relies heavily on donations and fundraising, with no secured grants remaining after the core grant ended. The trustees maintain a reserves policy aiming to hold 25% of annual costs (three months' expenditure) as unrestricted reserves.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 25% of annual costs (3 months expenditure) (held: £98k)
“SLEAP will aim to hold 25% of annual costs as unrestricted reserves. This is equivalent to 3 months expenditure.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lancashire

Income and spending

Financial year endIncomeSpending
31/03/2025£62k£121k
31/03/2024£208k£160k
31/03/2023£169k£163k
31/03/2022£133k£115k
31/03/2021£132k£121k

Common questions

Is SLEAP financially healthy?

Per its FY2025 accounts: The accounts state that SLEAP reported a loss of £59,060 for the year ended March 2025, resulting in a decrease in net assets from £157,267 to £98,207. The charity relies heavily on donations and fundraising, with no secured grants remaining after the core grant ended. The trustees maintain a reserves policy aiming to hold 25% of annual costs (three months' expenditure) as unrestricted reserves. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund09/03/2026£19kSLEAP staff support
The National Lottery Community Fund26/01/2021£335kSLEAP - Brighter Futures
UK government03/07/2020£59kCoronavirus Community Support Fund