TEAMS LIFE CENTRE

Registered charity 1209955 · accounts filings on the Charity Commission register

Causes: General Charitable Purposes · Disability · website · Get email alerts

Latest income
£178k
Latest spending
£159k
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £18,438 for the year ended 30 June 2025, resulting in total unrestricted and restricted funds of £18,438. Per the trustees' report, the charity maintains a reserves policy target of £20,000, meaning current unrestricted reserves of £10,397 are below this stated target. The trustees confirm adequate resources exist to continue operations for the foreseeable future.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £10k; policy: A reserve of £20,000 in an easy access interest account.)
“A reserve of £20,000 in an easy access interest account.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Gateshead

Income and spending

Financial year endIncomeSpending
30/06/2025£178k£159k

Common questions

Is TEAMS LIFE CENTRE financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £18,438 for the year ended 30 June 2025, resulting in total unrestricted and restricted funds of £18,438. Per the trustees' report, the charity maintains a reserves policy target of £20,000, meaning current unrestricted reserves of £10,397 are below this stated target. The trustees confirm adequate resources exist to continue operations for the foreseeable future. Its FY2025 accounts were independently examined.

Who funds TEAMS LIFE CENTRE?

Funders whose own accounts filings name TEAMS LIFE CENTRE as a grant recipient include THE BALLINGER CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE BALLINGER CHARITABLE TRUSTFY2024£20k

Government & lottery funding

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

FunderDateAmountPurpose
Community Foundation North East26/03/2026£7kGrant to Teams Life Centre
Sport England16/09/2025£11kMultisports for adults
The National Lottery Community Fund07/08/2025£20kTeams Life Centre- Activities for All
Community Foundation North East27/03/2025£30kGrant to Teams Life Centre
The National Lottery Community Fund17/07/2024£144kTLC one stop support hub