Charity Accounts Intelreading the accounts so you don’t have to

IT'S TIME

Registered charity 1193103 · accounts filings on the Charity Commission register

It's Time supports and enables young adults aged 18-35 who go through the loss of one or both parents.

Causes: General Charitable Purposes · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts

Latest income
£78k
Latest spending
£87k
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity recorded a net deficit of £9,290 for the year, with total expenditure of £87,211 exceeding total income of £77,921. Per the trustees' report, the charity remains financially stable and operates as a going concern, supported by a cash balance of £68,754 and a 58% rise in income compared to the previous year.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three-months fixed costs (held: £64k)
“Reserves may be set accordingly in subsequent financial years, to cover up to three-months fixed costs, to be agreed at during the AGM.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — It's Time (matched by registered charity number).

Public profiles (found on the charity’s own website): instagram

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£78k£87k
31/12/2023£49k£58k
31/12/2022£72k£18k
31/12/2021£30k£1k

Common questions

Is IT'S TIME financially healthy?

Per its FY2024 accounts: The accounts state that the charity recorded a net deficit of £9,290 for the year, with total expenditure of £87,211 exceeding total income of £77,921. Per the trustees' report, the charity remains financially stable and operates as a going concern, supported by a cash balance of £68,754 and a 58% rise in income compared to the previous year. Its FY2024 accounts were independently examined.