2ECOND CHANCE
2econd chance is a charity supporting individuals who have been long-term excluded from the workplace through the refurbishment of unwanted computers. Through industry standard IT Refurbishment training, we provide opportunities to build skills, knowledge and soft skills as a pathway into employment.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure deficit of £23,771 for the period, resulting in unrestricted fund balances of negative £23,771. The trustees note that the charity is building up reserves and relies on a trustee's financial commitment to cover shortfalls until sufficient reserves are achieved. Despite the deficit, the charity reports strong gross margins on trading income and plans to diversify funding through fundraising and partnerships to support future growth.
What the accounts disclose
“The charity is presently building up these minimum level of reserves and hopes to achieve this position in the coming years.” — page 27
“At the balance sheet date the charity's reserves were in deficit. One of the charity's trustees has provided financial reassurances to the charity to support its activities and cover any shortfall in day to day funding.” — page 32
“During the period the charity benefited from the use of rent free premises valued at £50,000 made available by an entity controlled by one of the trustees. At the balance sheet date the charity owed the entity £1,055 in respects of costs settled on behalf of the charity.” — page 36
“During the period the charity received donations of £27,350 from entities controlled by one of the trustees.” — page 36
“During the period the charity benefited from the use of rent free premises valued at £50,000 made available by an entity controlled by one of the trustees. At the balance sheet date the charity owed the entity £1,055 in respects of costs settled on behalf of the charity.” — page 36
“During the period the charity received donations of £27,350 from entities controlled by one of the trustees.” — page 36
“During the period the charity benefited from the use of rent free premises valued at £50,000 made available by an entity controlled by one of the trustees. At the balance sheet date the charity owed the entity £1,055 in respects of costs settled on behalf of the charity.” — page 36
“During the period the charity received donations of £27,350 from entities controlled by one of the trustees.” — page 36
“During the period the charity benefited from the use of rent free premises valued at £50,000 made available by an entity controlled by one of the trustees. At the balance sheet date the charity owed the entity £1,055 in respects of costs settled on behalf of the charity.” — page 36
“During the period the charity received donations of £27,350 from entities controlled by one of the trustees.” — page 36
Trustees
- NIGEL CANINchair
- Benjamin Horn
- DAVID MORLEY
- Dawn Hallybone
- LAUREN GARFIELD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £266k | £290k |
Common questions
Is 2ECOND CHANCE financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure deficit of £23,771 for the period, resulting in unrestricted fund balances of negative £23,771. The trustees note that the charity is building up reserves and relies on a trustee's financial commitment to cover shortfalls until sufficient reserves are achieved. Despite the deficit, the charity reports strong gross margins on trading income and plans to diversify funding through fundraising and partnerships to support future growth. Its FY2025 accounts were independently examined.
Who funds 2ECOND CHANCE?
Funders whose own accounts filings name 2ECOND CHANCE as a grant recipient include EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE).
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE) | FY2024 | £10k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 17/11/2025 | £17k | Stepping stone into employment |