THE CYRENIANS LTD
Registered charity 500640 · accounts filings on the Charity Commission register · also known as CHANGING LIVES, TYNESIDE CYRENIANS LIMITED
Changing Lives is a national, charity which provides specialist support services to vulnerable people and their families. Our key themes of work include: housing & homelessness, drug & alcohol, women & children's and employment services. Our mission is 'changing lives, building futures'.
Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the group achieved a total surplus of £1,426,353 for the year ended 31 March 2025, with unrestricted reserves increasing to £9,244,528. The charity reports it is debt-free, having repaid all outstanding bank loans, and maintains strong positive cash balances. However, the trustees note that the level of free reserves held (£1,716,138) is below their stated prudent target of approximately £3 million.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: approx. £3million (held: £9.2m)
“the trustees consider it prudent to maintain unrestricted free reserves at a level sufficient to cover between two to four months of staff costs and lease commitments which equates to approx. £3million.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: TCUK Homes Limited
“The Charity group is comprised of the parent company, The Cyrenians Ltd and its wholly owned subsidiary TCUK Homes Ltd, the latter a charitable company limited by guarantee and a registered social landlord.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Azets Audit Services. Discloses 5 of 6 completeness components.
Corporate structure
TCUK HOMES LIMITED — per its own Companies House accounts
- Turnover: £6.3m
- Profit before tax: £109k
- Management fees and staff cost recharges from parent Changing Lives: £860,025; Management fees received from parent: £70,476.
Public fundraising profile: JustGiving — Changing Lives (matched by registered charity number).
Leadership, per the charity’s website
- Stephen Bell OBE — Chief Executive Officer (source)
- Neil Baird — Operations Director (source)
- David Bassam — Business Services Director (source)
- Lewis Murton — Finance Director (source)
- Faye Sunter — Director of Development (source)
- Kurran Hawksley — People & Culture Director (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Company officers (Companies House)
Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.
- RACE, Jordan Lee — director, appointed 05/02/2026on trustee list
- FAWCETT, Gary — director, appointed 03/12/2025on trustee list
- MAY, Anthony — director, appointed 24/01/2024on trustee list
- BOYACK, Lisa Maria — director, appointed 24/01/2024on trustee list
- FREW, Glynis Joan — director, appointed 12/01/2023on trustee list
- BARTON, Michael — director, appointed 12/12/2019on trustee list
- TELFORD, Lesley — director, appointed 10/05/2016on trustee list
- GUYON, Stephen — director, appointed 26/05/2015not on trustee list
- CARR, Susan — secretary, appointed 02/07/2007
Official officers record.
Public-sector contracts awarded
From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.
CQC provider record: The Cyrenians Ltd — Registered, 2 registered locations, 1 regulated activity, last inspected 03/10/2018. CQC record
Public profiles (found on the charity’s own website): facebook (12,291 followers) · instagram (2,332 followers)
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£38k
Reported reserves equal ~0.6 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Charitable activities (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.1% of total income — below the median for charities its size (3.8%) (benchmarks).
Care Quality Commission ratings
CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).
Register events
- Received assets from another charity (13/09/2022) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (01/12/2019) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (07/01/2016) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (17/05/2013) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- GLYNIS FREWchair · trustee of 1 other charity
- Anthony May · trustee of 1 other charity
- Gary Fawcett
- Jordan Race
- Lesley Telford · trustee of 1 other charity
- Lisa Boyack
- Michael Barton
- Steve Guyon
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England
Income and spending
Common questions
Is THE CYRENIANS LTD financially healthy?
Per its FY2025 accounts: The accounts state that the group achieved a total surplus of £1,426,353 for the year ended 31 March 2025, with unrestricted reserves increasing to £9,244,528. The charity reports it is debt-free, having repaid all outstanding bank loans, and maintains strong positive cash balances. However, the trustees note that the level of free reserves held (£1,716,138) is below their stated prudent target of approximately £3 million. Its FY2025 accounts were audited by Azets Audit Services.
Who funds THE CYRENIANS LTD?
Funders whose own accounts filings name THE CYRENIANS LTD as a grant recipient include John Lewis Partnership Foundation, REAL FARMING TRUST, CEO SLEEPOUT, THE FYRISH FOUNDATION, The Crerar Family Trust.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
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Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.