SECOND CHANCE LEARNING ACADEMY
1. To advance the education of people across Nottinghamshire and Derbyshire, in particular those who have had or are currently experiencing barriers to education due to being held back or set back by life events and/or personal circumstances which have resulted in limited life choices and chances, by promoting and delivering education.2. The promotion of any other recognised charitable purpose,
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £136,818, with unrestricted reserves at £96,421 against a policy target of three months' running costs. The trustees note that while revenue has increased, they expect it to decrease next year due to changes in local government funding, though they anticipate unrestricted funds will rise via fundraising.
What the accounts disclose
“We want to have reserves which covers 3 months of running costs.” — page 5
Trustees
- Beverley Burtonchair
- Alya Jameel
- Debbie Clarke
- Nicholas Herbert
- Paul Crookendale
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £403k | £370k |
| 31/08/2024 | £350k | £264k |
Common questions
Is SECOND CHANCE LEARNING ACADEMY financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £136,818, with unrestricted reserves at £96,421 against a policy target of three months' running costs. The trustees note that while revenue has increased, they expect it to decrease next year due to changes in local government funding, though they anticipate unrestricted funds will rise via fundraising. Its FY2025 accounts were independently examined.