GREATER CHANGE FOUNDATION

Charity number: 1188164
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Greater Change Foundation provides flexible financial support to people experiencing homelessness, helping them take big long-term steps out of homelessness. We work with partner charities and their support workers to empower our clients to create a plan for how they want to get out of homelessness; and work to enable this plan by helping them to overcome the financial barriers they face.

Income and expenditure

Data for financial year ending 31 March 2025

Total income:
£1,170,682

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Donations and legacies £1.16m
Charitable activities £0
Other trading activities £0
Investments £10.68k
Other £0

Total expenditure:
£1,192,439

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Raising funds £3.27k
Charitable activities £1.19m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £3.27k
Charitable expenditure £1.19m

People

4 Employee(s)

8 Trustee(s)

3 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Disability
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 25 February 2020: CIO registration
Organisation type:
CIO
Other names:
  • GCF (Working name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Theodore James Stevenson-Hill Chair 20 April 2023
None on record
Paul Colbeck Murray Trustee 03 March 2025
None on record
John Arthur Gapper Trustee 18 July 2024
None on record
Richard James Whalley Trustee 14 September 2023
None on record
Nilani Sritharan Trustee 20 April 2023
None on record
Alexander John McCallion Trustee 25 February 2020
None on record
Jonathan Hong Kai Tan Trustee 25 February 2020
None on record
Sophie Dufouleur Trustee 25 February 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2021 31/03/2022 31/03/2023 31/03/2024 31/03/2025
Total gross income £226.55k £249.27k £235.14k £549.84k £1.17m
Total expenditure £96.71k £281.73k £318.87k £188.11k £1.19m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A N/A N/A £549.54k £1.16m
Income - Other trading activities N/A N/A N/A £0 £0
Income - Charitable activities N/A N/A N/A £0 £0
Income - Endowments N/A N/A N/A £0 £0
Income - Investment N/A N/A N/A £302 £10.68k
Income - Other N/A N/A N/A £0 £0
Income - Legacies N/A N/A N/A £0 £0
Expenditure - Charitable activities N/A N/A N/A £188.11k £1.19m
Expenditure - Raising funds N/A N/A N/A £0 £3.27k
Expenditure - Governance N/A N/A N/A £10.68k £0
Expenditure - Grants institution N/A N/A N/A £177.43k £1.01m
Expenditure - Investment management N/A N/A N/A £0 £0
Expenditure - Other N/A N/A N/A £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2021 31/03/2022 31/03/2023 31/03/2024 31/03/2025
Own use assets N/A N/A N/A £0 £0
Long-term investments N/A N/A N/A £0 £0
Other assets N/A N/A N/A £383.20k £518.76k
Defined benefit pension scheme asset or liability N/A N/A N/A £0 £0
Total liabilities N/A N/A N/A £7.84k £165.15k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2025 29 January 2026 On time
Accounts and TAR 31 March 2025 29 January 2026 On time Download Open in new window
Annual return 31 March 2024 26 November 2024 On time
Accounts and TAR 31 March 2024 26 November 2024 On time Download Open in new window
Annual return 31 March 2023 29 January 2024 On time
Accounts and TAR 31 March 2023 29 January 2024 On time Download Open in new window
Annual return 31 March 2022 30 January 2023 On time
Accounts and TAR 31 March 2022 30 January 2023 On time Download Open in new window
Annual return 31 March 2021 27 September 2021 On time
Accounts and TAR 31 March 2021 27 September 2021 On time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CIO - FOUNDATION Registered 25 Feb 2020

Charitable objects

THE OBJECTS OF THE CIO ARE THE PREVENTION OR RELIEF OF POVERTY IN ENGLAND BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.

Contact information

Address:
West London Mission
134-136 Seymour Place
LONDON
W1H 1NT
Phone:
0300 102 3264
Email:
enquiries@greaterchange.co.uk
Website:

www.greaterchange.co.uk Open in new window