THE BIG DIFFERENCE
The Big Difference is a food redistribution charity serving the community of Southampton.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £175,600, increasing its unrestricted reserves to £346,399. The trustees' policy is to maintain sufficient free reserves to cover overhead costs for at least a year, a target which the current reserves exceed. The charity operates on a going concern basis with no material uncertainties disclosed.
What the accounts disclose
“The Trustees reserves policy is to ensure that sufficient free reserves are maintained such that the overhead cost of running and maintaining the Charity are covered for at least a year.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Ashley Jameschair
- CHRIS WARD
- Michael Spradbery
- Nigel James Lapage
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £722k | £546k |
| 31/03/2024 | £231k | £61k |
Common questions
Is THE BIG DIFFERENCE financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £175,600, increasing its unrestricted reserves to £346,399. The trustees' policy is to maintain sufficient free reserves to cover overhead costs for at least a year, a target which the current reserves exceed. The charity operates on a going concern basis with no material uncertainties disclosed. Its FY2025 accounts were independently examined.
Who funds THE BIG DIFFERENCE?
Funders whose own accounts filings name THE BIG DIFFERENCE as a grant recipient include UTILITA GIVING, ABOVE BAR CHURCH, THE RICHARD KIRKMAN TRUST, THE PARAOCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST.JAMES' WEST END IN THE DIOCESE OF WINCHESTER, THE BURRY CHARITABLE TRUST.
Shared trustees with funders
- Nigel James Lapage — trustee here and at THE RICHARD KIRKMAN TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| UTILITA GIVING | FY2024 | £63k | |
| ABOVE BAR CHURCH | FY2025 | £12k | Grants to institutions: Donations to missionary organisations / Local missions including social action |
| UTILITA GIVING | FY2025 | £10k | Food poverty support |
| THE RICHARD KIRKMAN TRUST | FY2025 | £7k | |
| ABOVE BAR CHURCH | FY2024 | £4k | Regular church support to mission partners / Gifts over £1,000 |
| THE RICHARD KIRKMAN TRUST | FY2023 | £4k | |
| THE RICHARD KIRKMAN TRUST | FY2022 | £2k | |
| THE RICHARD KIRKMAN TRUST | FY2024 | £2k | |
| THE PARAOCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST.JAMES' WEST END IN THE DIOCESE OF WINCHESTER | FY2023 | £50 | HOPE mission fund |
| THE BURRY CHARITABLE TRUST | FY2025 | — |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/09/2024 | £20k | The Big Difference Pantry Project |