Charity Règistration No. 1158447
TRANSFORMING LIVES
REPORT AND UNAUDITED FINANCIAL
STATEMENTS
FOR THE YEAR ENDED
30 MAY 2023

TRANSFORMING LIVES
LEGAL AND ADMINISTRATIVE INFORMATION
Charity number
1158447
Trustees
Mrs C Marshall
Mr M Marshall
Mr P Marshall
Dr K Sutton
Registered office
Brick Bank
Brick Bank Lane
Allostock
Cheshire
WA16 9LY
A¢¢ountants
RSM UK Tax and A¢¢ounling Limited
Chartered Accountants
The Pinnacle
170 Midsummer Boulevard
Milton Keynes
MK9 1BP
Bankers
Santander
Bridle Road
Bootle
Liverpool
L30 4GB
Independent ex8miner
Kerry G8llagher
RSM UK Tax and Accounting Limited
Chartered Accounlanls
Davidson House
Forbury Square
Reading
Berkshire
RG1 3EU

TRANSFORMING LIVES
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 MAY 2023
The trustees present their report and financial statements for the year ended 30 May 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's trust deed, the Charities Act 2011 and 'Accountiro and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021"
published on 16 July 2014 and as amended from 1 January 2019.
Objectives and activities
The charity's objects are to support the lives of those less fortunate. The trustees confirm that they have
considered the guidance provided by the Charity Commission on public benefit when reviewing the charity's
objectives and activities.
The trustees will make donations to the charity at such times as they encounter people whom they feel obliged to
help. As such, it is not foreseen that the charity will have cash reserves sufficient enough to generate a significant
retum.
The charity also helps fund an annual cycling event called the Duchenne Dash through making donations to the
charity that organises this, Duchenne UK (charity no. 11470941. The charity receives donations from the public
which is subsequently passed on lo Duchenne UK through Transforming Lives, donations.
The Iruslees meet annually and al other limes as may be necessary lo consider the finances of the Charity and lo
discLJSS donations.
Publlc benaflt
The Trustees have complied with their duty lo have due regard lo the guidance on public benefit published by the
Charity Commission.
Grant making policy
The charity has estsblished ils grant making policy lo benefit charitable objects and individuals in the United
Kingdom as the Iruslees see fil.
Financial review
The ¢harity in¢urred net expenditure for the year of £20,296 12022 £26,7361- The charity has net funds of
£10,05412022- £30,350) and is reliant on the ongoing support of its trustees.
Performance & a¢hievements
The charity has continued to have regard lo its primary purpose. Apart from charrf(able donations the charity has
not raised additional funds during the period. During the year, the charity has supported the work done by other
specific charities, namely The Onside Foundation will likely continue to make donations in the future.
Risk management
The Iruslees do not ¢onsider the ¢h8rily is subject to any substsntl81 risks beyond the liabilities disclosed in the
financial statements.
Reserves policy
The trustees consider the reserves policy to be satisfactory. When additional funds are raised th&e are likely to
be used soon after receipt to further support the individuals and institutions benefitting from the charity. At the
yearend, the charity had unrestricted reserves totalling £10,05412022- £30,350).

TRANSFORMING LIVES
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 MAY 2023
Plans for the future
It is the charity's intention to continue working with families identified as requiring specific financial and physical
help, along with supporting the work of specific charities such as The Onside Foundation and Duchenne UK.
The Iruslees have reviewed the CLJrrent economic environment and the impact of the Cost of living and their effect
on the ability of the trust to continue. Taking account of the availability of working capital, the trustees have
concluded that the trust will be able to continue to meel its financial obligations as they fall due for at least tr￿e1ve
months from the date of approval of these financial statements. Consequently, these financial statements have
been prepared on the basis that the trust is a going concem.
StnJ¢ture, goveman¢e and management
The charily is CDnstituted as a Charitable Incorporated Organisation I'CIO'I under its Conslitution dated 4
September 2014.
The charity is a registered charity Iregislralion number 11584471.
Apart from the first charity trustees, every appointed trustee must be appointed for a temi of 5 years by a
resolution passed by a properly convened meeting of the charity trustees. In selecting individuals for appointment
as a charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for
the effeclive administralion of the CIO.
Kèy managèmènt pèrsonnèl r8muneration
The trustees consider the board of Iruslees as comprising the key management personnel of the charty in
charge of directing and controlling the charity and running and operating the charity on a day lo day basis. All
Iruslees give of their time freely and no Iruslee remuneration was paid during the year. Details of related paty
Ir8nsa¢lion$ S￿ disclosed in note 9 to the financial slalemenls.
Statement of trustees. responsibilities
The trustees are responsible for preparing the Trustees, Report and the financial statements in accordan¢e with
applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102.. The
Financial Reporting Standard applicable in the UK and Republic ol Ireland (United Kingdom Generally AC￿pted
Accounting Practice).
The law applicable to charities in England and Wales requires the trustees lo prepare financial st91ements for
each financial year which give a true and fair view of the stale of affairs of the charity and of the income and
expenditure of the charity for that year.
In preparing Ihgse finanryal statements, the trustees are required lo..
select suitable accounting policies and then apply Ihem consistently.,
observe the methods and principles in the Charities SORP.,
make judgements and accounting eslirnales that are reasonable and prudent.,
stste whether applicable accounting stsnd8rds have been followed, subjed to any m8leri81 departures
disclosed and explained in the financi81 statements., 8nd
prepare the financial statements on the going concem basis unless it is inappropriate to presunE that the
charily will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable therll lo ensure that the financial statements comply with
the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of trust
deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps
for the prevention and detection of fraud and other irregularities.

TRANSFORMING LIVES
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 MAY 2023
The trustees who served during the year were..
C Marshall
M Marshall
P Marshall
K Sutton
Approved by the trustees and signed on their behalf by..
M Marshall
Trustee
Datèd..
16110124

TRANSFORMING LIVES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TRANSFORMING LIVES
I report to the trustees on my examination of the accounts of Transforming Lives Ilhe charitll for the year ended
30 May 2023, which are set out on pages S to 10.
Rasponslbllltles and basls of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 20111'lhe 2011 Act'l.
I report in respect of my examination of the charity's accounts Carried out under section 145 of the 2011 Act and
in carrying out my èxamination I havé followéd all thè applicable Dirèctions givèn by the Charity Commission
under section 14515llbl of the 2011 Act.
An independent examination does not involve gathering all the eviden￿ that would be required in an audit and
consequenuy does not cover all the matters that an auditor considers in giving their opinion on the accounts. The
planning and conduct of an audit goes beyond the limited assurance that an independent examination
provide. Consequently, l express no opinion as lo whether the accounts present a 'lrue and fair view. and my
report is limited lo those specific matters sel out in the independent examiner's slalement.
Independent examiner's statement
I have complèttrd my trxamination. l ¢onfirm that no matèrial matters have ¢ome lo my attention in conn&¢tion
with the examination giving me reasonable cause to believe that in any material respect".
1. accountin9 records were not kept in respect of the charity as required by section 130 of the 2011 Act,. or
2. the accounts do not accord with those records-, or
3. the accounts do not comply with the applicable requirements concerning the form and content of
accounts sel out in the Charities IAccounls and Reports) Regulations 2008 other than any requirement
that the accounts give a 'lrue and fair view. which is not a matter considered as part of an indepe￿ent
examination.
I have no con¢èrns and have coma across no othar matters in connection with the examination to wh￿h attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Kerry Gallagher
The Institute of Chartered Accountants in England and Wales
On behalf of RSM UK Tax and Accounting Limited
Chartered Accountsnts
Davidson House
Forbury Square
Reading
Berkshire
RG1 3EU
.21110124

TRANSFORMING LIVES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 MAY 2023
Unrestricted
2023
2022
Notes
In¢ome from:
Donations and legacies
68,459
56,813
Expendlture on..
Charitable activities
88,755
83,549
Not movement In funds
120,2961
126,7361
Total funds brought forward
30,350
57,086
Total fund5 carried forward
10,054
30,350

Charity number 1158447
TRANSFORMING LIVES
BALANCE SHEET
AS AT 30 MAY 2023
2023
2022
Notes
Current assets
Debtors
Cash at bank and in hand
2,650
15,484
2,650
33,880
18,134
36,530
Creditors: amounts falling due within
one year
18,0801
16,1801
Net current assets
10,054
30,350
Income funds
Unrtsstricled funds
10,054
30,350
10,054
30,350
The financial stslemenls on pages 5 to 10 were approved by the board of Trustees and 8ulhorised for issue
on
and are signed on its behalf by..
M Marshall
Tru$

TRANSFORMING LIVES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MAY 2023
Accounting policies
Charity infomiation
Transforming Lives is a Charitable Incorporated Organisation, constrf(uted under a constitution dated 4
September 2014 and is a registered charity in England and Wales, number 1158447. The principal Offi￿ of
the charity is Brick B8nk, Brick Bank Lane, Allostock, Cheshire, WA16 9LY. The principal activity of the charty
is included in the Trustees, Report on page 1.
Basis of preparation
The financial statements have been prepared in accordance with the charitls trust deed, the Charities Act
2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to
charities preparing their accounts in accordance wilh Ihe Finanaal Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021" las amended for accounting periods commencing from 1 January 20191.
The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in Sterling, which is the functional currency of the charity. Monetary
amounts in these financial slalements are rounded lo the nearest £.
Th& financial slalèments have been prepared under the historical ¢osl Convention with items recognisgd al
¢ost or transaction valLJe.
Going concern
Having carried out a detailed review of the charily's financial performance and position in light of current
economic conditions, the Iruslees are confident that the net asset and unreslricled fund position of £10,054
12022 £30,350) of the charity will enable il to continue in operational existence for al least 12 months beyond
the dale of approving the financial slalemenls. Thus the trustees continue lo adopt the going concern basis of
accounting in preparing the financial slalements.
Incomè
All income is recognised once the charity has entillemenl lo the income, it is probable that the income will be
received and the amount of income receivable can be Measured reliably. Donations are recognised when the
trust has been notified in writing of both the amount and settlement date.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity lo that expenditure, il is probable that settlernent will be required and the amount of the obligation can
be measured reliably.
All expenditure is recognised on an a¢cru81s basis. Governance costs include those incur￿d in the
govern8nce of the chaiily and ils asstrts and primarily associated with Constitutional and stalulory
rèquirements.
Grants payable are payments made to third parties in the furtherance of the charitable objects of Ihe trust. In
the case of an unconditional grant offer, this is accrued once the recipient has been notified of the grant
award. The notification gives the recipient a reasonable expectation that they will receive the grant. Grant
awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient
has been notified of the grant and any remaining Unfu￿111ed condition attaching lo the grant is outside of the
control of the Irusl.
Charltablè actlvltles
The Costs of charitable activities include grants made and governan￿ costs.

TRANSFORMING LIVES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 MAY 2023
Accounting policies {Continuedl
Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basi¢ Financial Instruments, of FRS 102 to all of
its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the nel amounts presented in the financial slatemenls, when
there is a legally enforceable right to sel off the recognised amounts and there is an intention lo settle on a net
basis or to realise the asset and sellle the liability simultansously.
Basic financial assets
Basic financial assets, which includè dabtors and cash and bank balan¢8s, ara initially m8asur8d at
transaction price including transaclion cosis and are subsequently carried at amortised cost using the effective
interest method. Financial assets classified as receivable within one year are nol amortised.
Basic financial liabiTlities
Basic financial liabilities, including creditors are initially recognised at transaction price. Financial liabilities
classified as payable within one year are not amortised.
Taxation
As a registered ch8ri1y, Transforming Lives is exempt from the payment of income and capital gains lax in
spect ol its ch8ritsble activities.
Donations and legacies
2023
2022
Donations and gifts
68,459
56,813
Charltsble actlvltl¢$
2023
2022
Charitable expenditure
Grants and other donations paid lo institutions Inote 41
Grants and other donations paid lo individuals
Governance costs
7,035
70,209
5,441
6,070
1,194
70,030
5,945
6,380
88,755
83,549

TRANSFORMING LIVES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 MAY 2023
Analysis of grants paid to institutions
2023
2022
Goostrey Community Primary School
The Onside Foundation
Duchenne UK
Dogs For Good
E8s1 Cheshire Hospice
Marie Curie
Manchester City Legends
Boxer Dog Rescue
Together for Short Lives
Cancer Research
Kenyan Runners
Autism Dogs
Manchester City Community
Other
7,648
50,000
11,218
214
350
600
8,000
114
550
1,000
18,460
250
2,000
17,995
21,700
140
70,209
70,030
Govarnanco costs
2023
2022
Accountancy fees
Independent examination fee
Bank charges
Insurance costs
4,180
1,800
90
4,380
1,800
115
85
6,070
6,380
Debtors
2023
2022
Amounts falllng du8 wlthln one year:
Other debtors
2,650
2,650
Creditors: amounts falling due within one year
2023
2022
Accruals
8,080
6,180

TRANSFORMING LIVES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 MAY 2023
Movement in funds
Movement in funds
In¢ome Exp&ndlture Balance at 30
May 2023
Balancè at
31 May 2022
Unrestricted funds
30,350
68,459
188,7551
10,054
30,350
68,459
188,7551
10,054
Movement in funds
Income Expèndlturè Balance at 30
May 2022
Balancè at
31 May 2021
Unrestricted funds
57,086
56,813
183,5491
30,350
57,086
56,813
183,5491
30,350
Related paty tran$a¢tlons
The trustees 811 give freely their lime and expertise wilhoul any form of remuner81ion or other bwefit in cash
or kind. During the ytrar, trustee expenses of £nil12022 £nill have been incurred.
DLJring the year, the charity received donations totalling £50,00012022- £50,000) from Mr M Marshall, who is
a trustee of the charity.
As at the rew)rting date, £2,650 12022 £2,650) was owed to the charity by a connected company. The
company is connected by virtue of common directors.
The Trustees, who are wnsidered to be the key management personnel, received no remuneration or
expenses for their services12022 - £nill. There were no employees during the year or the prior year.
10