COMPANY REGISTRATION NUMBER: N1634486
CHARITY REGISTRATION NUMBER: 106299
Life Change Changes Lives
Company Limited by Guarantee
Unaudited Financial Statements
31 October 2022
NIALL FARRELL FCA
Chartered accountanls
Farrell Accountants Limited
16 Upper Square
Castlewellan
Co Down
BT31 9DD

Life Change Changes Lives
Company Limiled by Guarantee
Financial Statements
Year ended 31 October 2022
Page
Trustees, annual report (incorporating the directorfs report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
10
Notes to the financial statements
11

Life Change Changes Lives
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 October 2022
The trustees, who are also the directors lor the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31 October 2022.
Reference and adminlstratlve details
Registergd charlty name
Life Change Changes Lives
Charity regi8tralion number
106299
Company reglstrallon number N163448S
Prlnclpal office and registered 41 Mark8t Street
ffl¢e
Downpatrick
Co Down
BT30 6LP
The truslees
Mrs Beck
Mrs Looby
Mr Casement
Mr Devon
Mrs McGivern
Mrs Leach
Mr Beckett
Ms Hood
Mr McGrath
Ms Trimble
Mr Martin
(Appointed 6 August 20221
Independent examiner
Niall Farrell FCA
Farrell Aecountanis Limited
1 S Upper Square
Castlewellan
Co Down
BT31 9DD

Life Change Changes Lives
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (eonlinued)
Year ended 31 October 2022
structurei governanc8 and management
Thé organisation is a Company Limilod by Guarantee, not having a share capital and salislies the
crileria set out in Section 60 of the Companiès Act 2006 whereby ft is exempt from the use ol the word
"Limited" as part of the company name.
The Gompany is governed by a Memorandum and Articles of Association. The liability of each membar
of the company is limited to a contribution, in the event of winding up the organisalion, of an amount
nol exceeding £1.
The Directors have ultimate legal and flnancial responsibility lor the affairs ol LCCL, although the
management of the organisation is delegated lo the staff and volunteers, through the Chairperson and
other Board Members. Stalflvolunteer meetings are held on an ongoing basis usually twice rnonthly.
The Directors of the company al 31 October 2022, all ol whom have been in office for Ihe whole of the
Period ended on that date, unless otherwise stated, are listed below.
LCCL has an induction program for new directors in which diredors are advised of their legal
responsibility and requiremenis.

Life Change Changes Lives
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (¢onrfnued)
Year ended 31 October 2022
Objectives and activities
In setting our objectives and planning our activities for the year the trustees gave careful considerallon
to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the
activities have helped lo achieve the charity's purposes and provide a benefit lo the benelieiaries.
LCCL was registered with the Charity Commission Nl on 231512017 and operates ils project Pop up
Art as a social enterprise. The core activity of LCCL is providing aftercare non-residential services to
support those allecled by menlal ill health, addiclion, social isolation andlor suicidal ideations through
Ihe provision of counselling, art as therapy, social isolation and activity designed lo increase the sense
ol wellbeing and increas8d capacity lo make healthier lifestyle choices. LCCL is dedicated to the;
The advancement of health or the saving of lives The advancement of cilizenship or Community
development - The advancement of environmental proloclion or improvement- The relief ol those in
need by reason ol youth, age, ill-health, disability, financial hardship or another disadvantage
The charity manages the Proj@ct premises where Creative Therapy and Professional Counselling are
provided lor members ol the community with mental health difficulties, addictions and those who suffer
from social isolation. The service is provided within a sale and confidential Iherapeulic framework
dellvered by professiondly qualified counsellors to all individuals without distinction of age, sex. sexual
orientation. gender, race, religion and political or other opinion. Mental Heallh-r8lal8d education
courses are organised, particularly relating lo Cognitive Behavioural Therapy ICBTI and Suicide
Intervention,. Iraining and personal development and peer mentoring is provided by partner agencies in
various venues. People from an offending background are encouraged in meeling their bail conditions,
court attendances and liaison with PSNI and Probation Off icers. Educational and Fun activities are
organised off sile to broaden experience and provide new interests lor members.
LCCL will provide individual counselllng, group work, educational workshops, art a$ therapy, activi118S
and educational information and literature. Our vision is lo provide a centre of excellence lor after care
services based in Downpalrick an arèa of high social deprivation and SLJicide rate to support our core
aims with Ihe object ol achieving wellness and quality ol life lor those affected by mental ill healih,
addiction, social isolation andlor suicidal ideations. We review our aims, objectives and aclivities each
year. The review looks at the success ol projects and programmes lor the outcomes of each elemenl.
The review also helps us ensure our aims, objectives and a¢tivities remain focused on our staled
purpose.

Life Change Changes Lives
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {conlinued)
Year ended 31 October 2022
Achievements and performance
Social connection and interaction remain one of the strong2st predictors ol wall-being which potentially
impact the mental health ol a person and so we commenced this linancial year continuing to provide
RBACP Counselling, Creative Therapy, Training, and daily lunch provision lor all those who attend.
November commenced with a visit from the NIHE Chairman Dr Peter Roberts lo our project and
service provision offering the opportunity to talk to our participants, volunleers and staff and
establishing partnership working with NIHE on an ongoing basis. We also enjoyed visits from NIHE
Social Enterprise Team Michael Parker providing insight and advice lor our Social Enterprise Shop
and Café. Our Project Manager also commenced Level 4 Certificate and Extended Certificate in
Providing Social Security Advic8 SO that we can belter assist our partlcipants in these areas.
With economic downlurn and reflective ol our service provision to lh8 most marginalised people In thls
area of social deprivation, we were able to provide Food Hampers ané Turkey & Hams lo assist those
most in need at the Christmas period and participants enjoyed an outing lor Christmas Lunch with our
volunteers being rewarded for their efforts with a Christmas Dinner in SERG reslauranl. PHA funding
of our Walk and Talk also enabled us to distribute T-shirts, Backpacks and Water Bottles with NIHE
funding enabling us to distribute a further 80 branded T-shirls. Capsl8eanies. Further donations
¢onlribuled 34 Pyjamas parcels and 15 Toiletries parcels to help those in food poverty and restricted
income.
In January we were able to recomrnence training wilh Makalon Level 2 to better enable us lo
communicat8 with hearing impaired and those with communication impairment and also commencèd
skills enhancement training through a serles ol Portrait Painting and Landscape Painting Classes
la¢llitated by Artists Ciaran Harper & Duxy Leahy which increased conlidence and introduced
rnindfulness awareness in the activity of painting. February began with the opening ol 'The Soolal
Calé, creating one full-time and one part-time job which provides a welcome oasis in the centre of
town lor those who want a warm and welcoming environment to have a chat and enjoy a light lunch
served by our lovely staff, and continued with further training in Makalon Level 2 and arl classes, and
we lacililated a School Eco Awareness Visit lor students wishing lo learn more about our contribution
lo the circular 8conomy and our objectives ol reducing landfill and how we help to achieve this. In
March and with PHA funding we were able to to treat our Walk and Talk enthusiasts lo entrancg 188S
of Montalto Estate with a lovely lunch in the restaurant afterwards. In September we enjoy8d a visit lo
Ballydugan Medieval Village lor demonstrations on the Viking way of life with archery, axe ihrowing,
cookery, Crafts and storytelling with a lovely afternoon lea provided afterwards in the Viking Great Hall.
In April we showca58d our project via Webex videochat plattorm to NIHE Sustaining Tenanci8s Online
Forurn and provided information stands in St Patrick's Square, Downpatrick.. May saw us participate in
an Online round table talking about Domestic Abuse and at NMADDC event providing feedback Irom
parllcipants on our projects and service provision,. and in June we participatgd in a Cornmunity
Engagemenl Programme in Community Arts Belfast partnership.
We enjoyed 36 Walk and Talk Sessions over Ihe year totalling 519 attendances averaging 14 people
per walk to a variety of venues including Tievenadarragh Woods, Glasswater Woods, The Quoile,
Newcastle Promenade, Tipperary Woods, Killough Rope Walk and Coastguard Walk, Loughmoney,
Montallo Estate, Keel Point, Tobormhuire, Million Tree Walk, Castlewellan Forest Park, Murlough and
Tollymore Forest Park.
We thank each and every one of our volunteers, sponsors, funders, participants, directors, and slaff
without whorn the whole enterprise would cease to exist. Our participants and their families have
provided such peèr support and encouragement lo each other that our benefits stretch well beyond
the four walls of our premises. Our management cornmittee of directors, volunteers and slafl have

Life Change Changes Lives
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 October 2022
remained commilled to the core values ol our organisation. have tirelessly worked to create
fundraising strategies and opportunities, to formulate volunteering roles and to work as ambassadors
lor the charity-
Service Provision
From 1 November 2021 31 October 2022 we were able lo provide the following resources to our
participanls..
594 In-person Counselling Sessions
36 Walk and Talk sessions tolalling 519 attendances.
4195 Day Project attendances
21 Food Parcels issued.
27 Turkey Parcgls issued.
10 Ham Parcels issued.
1 S Toilelri8s Parcels issued.
34 Pyjamas Parcels issued.
35 Christmas Dinners cooked and served.
120 8randed t-shirts issued.
40 Water bottles issued.
40 Backpacks issued.
80 CapslBeanies issued.
24 people trained in Makaton Level 2
11 people complèting 6 x Portrait Painting Classes lacililated by Artlst Ciaran Harper- 16 people
completing 6 x Landscape Painting Classes lacililaled by Artist Duxy Leahy- 38 people attended
Montallo Estate, Ballynahinch lor a walk in the grounds and lunch.- 34 people allended Ballydugan
Medieval Village lor demonstrations on Vi￿ng lile and afte￿ardS enjoying a118rnoon tèa.
Over the financial year we had a loolfall of 4195 to our Pop up Art project, cooked and seNed
approxlmately 4500 hol lunches, accommodated 594 individual one2one counselling sessions outside
of our participant counselling.
Fundraising and Programmes
Local Musician Conal Mongtomery chose our charily lo benefit from a charity event he organised 'The
Corner Stone Fesl, in Killyleagh lealuring acts which he had mentored and promoled lo a huge and
engaging audience for which we remain honoured and exceptionally grateful. All proceeds are
invested into our continued service provision lo help those affected by mental illness andlor addiction,
social isolation, and suiGidal ideations.
We received support from the LFT foundation, PHA who helped support our Walk and Talk initiative,
NIHE Suslaining Tenancies Fund, TESCO Cornmunity Fund, PBNI, Ulster Community Fund, LTC
Charitable Trust, FSD Grant, Nationwide Charities Trust, Groundwork, NMADDC PCSP Funding and
NIHE Homelessness Prevenlion Fund. We were also helped financially with a business Donor who
wishes lo remain anonymous but who has been instrumental in contributing to the service provision
and wellbeing of our participants.
We humbly thank each individual who has supporied us by buying our upcycled furnilure and helping
lo reduce the amount going to landlill as well as restoring confidence and building self-esleem in our
participants who have hand painled our bespoke furniture. We thank everyone who has donated,
raised funds, and slopped by for a chal. We are indebted to your kindness which goes such a long
way in reducing the stigma associated with mental illness and addiction.

Life Change Changes Lives
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 October 2022
Financial review
The financial statements are pr@senled in the standard formal required by the Statement of
Recommended Practice 'Accounling and Reporting by Charities, issued in March 2005 and cover the
activities ol LCCL. The statement of Financial Activities ISOFA) shows the gross income from all
sources.
Overview
Our main sourca of funds this year has bsen grants, donations, social enterprise sales and
fundraising. We use general funds lo subsidise premises costs, service and aclivity costs and hop6 10
raise a roslricted fund lo subsidise premises, service, and activity costs for individuals in the event of
funding being unavailable. The majority ol unréstricted income is applied to the project related activity.
With the main costs incurred being, rent, heal, light. repairs and activities. Staff costs and liansporl
costs. The ¢harily showed a surplus of income of £17,825 in the period for the year ended 31 October
2022. This performance was expected by the Board of Directors.
Incoming resources
Total incoming orant resources lor the year were £111,447 and Public Donations total £8,618
Incoming resources from charitable activities lolal £48,570. The charity is extremely grateful for the
conlinu8d generosity of the local communlly and public particularly in these challenging times.
Direct charitable expendSture
Direct charitable expenditure has increased during the year by £46,124 to £1 51,748. Primarily due lo
increased costs of slalfing and establishment.
Governance costs
The administration costs ol running the charity were £4,359 Sn 2021122,
Balance Sheet
Net funds at £119,750 as at 31 October 2022.
ReseNes Policy
The reserves policy was agreed following an analysis of the followng four factors:" Forecasts lor
levels of income in lulure years taking into account the reliability ol each source of Incorne and the
prospect ol opening up new sources ' Forecasts for expenditure in the future years on the basis of
planned activity ' Analysis of any future needs, opportunities, contingencies or risks, the effects of
which are not likely lo be met out of incorne if and when they arise- and ' Assessmenl ol the likelihood
ol each of those needs and risks materialising and the potential consequences ol the charity nol being
able lo meet them. The charity's policy is to maintain a level of reserves which meets the needs of the
charity both at the current lime and lor the foresegable future. Free reserves are ils lolal funds
excluding restricted funds, designated funds, or incorne lunds which can only be released by
disposing of fixed assets held for charity use.

Life Change Changes Lives
Company Limited by Guarantee
Trustees, Annual Report (Incorporaling the Director's Report) (Gontinued)
Year ended 31 Oclober 2022
Plans lor tuture periods
Life Change Changes Lives will continue to-
Provide a Ironllin6 aftercare seNice
Deliver a service that no other organisation suitably addresses in the area and surrounding districts-
Provide a seNice in an area where no other organisation provides a similar seryice.- The coming year
will see a continued emphasis on the existing servi¢e provision and other structured activities lo build
and deepen the confidence and capability ol our participants.
Due to increased demand for our
services, we hope to begin work lo increase our workshop and therefore capacity for participants of
our Pop up Art Project, increase existing shop floor area lo increase revenue and opportunities for
volunteering and training, and rènovate our offic8 and counselling rooms. This work wlll depend on
available unreslricled funds and timescaie involved.
Sm811 eompany provisions
This rèport has been prepared in accordance with the provisions applicable to companies enlllled to
the small companies exemption.
The Irustees, annual report was approved on 22 May 2023 and signed on behall of the board of
trustees by:
Mr Casern8nt
Trustee
Mrs McGivern
Trustee

Life Change Changes Lives
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Life Change Changes Lives
Year ended 31 October 2022
I report to the trustees on my examination of the financial statements of Life Change Changes Lives
I'the charity'l for Ihe year ended 31 October 2022.
Responslbllltles and basis of report
As the trustees of the company land also ils éirectors for the purposes of company lawl you are
lesponsible for the preparation ol the financial statements in accordance with the r8quiremenls of
Charities Act (Northern Ireland) 2008 Ilhe '2008 Acl'l and the Companies Act 2006 I'the 2006 Act'l.
You are satisfied that the accounts ol the company are not required by eharity or company law to be
audited and have chosen instead to have an independent examination.
Having satisfied myself that the a¢counls of the company are not required lo be audiled under Part 16
ol thè 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's financial slatemenls as carried out under section 65 of the 2008 Act. In carrying out my
examination I have lollowgd the general Direclions given by the Charity Comrnission for Northern
Ireland under section 651911bl ol the 2008 Act.
Ind8p8nd8nt examlner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with my examination giving me cause to believe that in any material respect-
accounting records were not kepl In respecl of the charity as required by section 386 of the
2006 Act., or
the financial statements do not accord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair, view which
is not a matter considered as parl of an independent examination,. or
the flnan¢ial statements have not been prepared In accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable lo charities prèparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021.
I confirm that there are no other matters to which your allentlon should be drawn lo enable a propèr
understanding of the accoLJnts to be reached.
Niall Farrell FCA
Independent Examiner
Farrell Accountants Limited
16 Upper Square
Casllewellan
Co Down
BT31 9DD

Life Change Changes Lives
Company Limited by Guarantee
Statement of Financial Activities
(including income and expendilure account)
Year ended 31 October 2022
2022
Reslricled
funds Total lunds Total funds
2021
Unrestricted
funds
Note
Income and endowments
Oonations and legacies
Charitable activities
78,228
44,478
46,887
125,095
44.478
125,291
8,491
133,782
Total income
122,708
46,867
169,573
Expenditure
Expenditure on raising funds..
Costs of raising donations and
18gacies
Costs of othèr trading activities
Expenditure on charitable activities
Total expenditure
62,341
22,565
16,339
47,635
2,492
376
109,975
25,057
16,716
81,181
9,208
15,235
9,10
101,245
50,503
151,748
105,624
Not income and net movement in funds
21,461
{3,6361
17.825
28,158
Reconclllatlon of funds
Total funds brought forward
Total funds carrled lorward
83,498
18,427
101,925
73,767
104,959
14,791
119,750
101,925
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities,
The notes on pages 11 lo 17 form part of these financlal slatement$.

Life Change Changes Lives
Company Limited by Guarantee
Statement of Financial Position
31 October 2022
2022
2021
Note
Currenl assets
Cash al bank and in hand
119,750
101 ,925
Net currenl assels
119,750
101,925
Total assets less current Ilabllltles
119,750
101,925
Funds of the charily
Reslricled funds
UnrestrS¢ted funds
14,791
104,959
18,427
83,498
Total charlty funds
15
119.750
101,925
For the year ending 31 October 2022 the charity was entitled to exemption from audit under section
477 of the Companles Act 2006 relating to small companies.
Dlrectors, responsibilities:
Th8 m8mb8rs have not required th8 company lo obtain an audit ol its financial sla18menls for the
year in question in accordancé with section 476.,
The directors acknowledge their responsibilities for complying with Ihe requirements ol the Act
wilh respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provision5 applicable lo
companies subject to the small companies, regim8.
These financial statements wera approved by the board of trustees and authorised for issue on 22
May 2023, and are signed on bèhalf of the board by-
Mr Casemenl
Trustee
Mrs McGivern
Trustee
The note$ on pages 11 to 17 lorrn part of these financial statements.
10

Life Change Changes Lives
Company Limited by Guarantee
Notes to the Financial Statemenls
Year ended 31 October 2022
General Snlormatlon
The charity is a public benefit entity and a privale company limited by guarantee, regislered in
Northern Ireland and a ragislared charity in Northern Ireland. The address of the registered office
is 41 Market Street. Downpalrick, Co Down, BT30 6LP.
Statement of compliance
These financial stalemenls have been prepared in compliance with FRS 102, 'The Financial
Reporting Slandard applicable in the UK and the Republic of Ireland.. Ihe Statement of
Recommended Practice applicable to charities preparing Iheir accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (Charitie5
SORP IFRS 10211 and the Companies Act 2006.
Accounting policies
Basls ol preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation ol certain financial assets and liabilities and investment properties measured at lair
value through income or expenditure.
The financial statements are prepared in sterling, which is the lunctional currency of the entity.
Going concern
There are no malerial unceriainiies about tha charity's ability to continue.
Judgements and key sources ol estlmatlon uncertainty
The preparation ol the financial stalemenls requires management to make judgements,
eslimales and assumptions that aflecl the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of lulure events that are believed to be reasonable under the circumstances. The judgements
(apart from those involving estimalionsl that management has made in the process ol applying
the enlity's accounting policies and that have the most significant effect on the amounts
recognised in the financial statements are as follows.. No judgements having a significant ett￿t
on the amounls recognised in the financial statements were made during the year.
Accounting eslimales and assumplions are made concerning the future and. by their nature, will
rarely equal the related actual outcome. The key assumptions and other sources ol estimation
uncertainty ihat have a significant risk of causing a material adjustment to the carrying amounts
of assets and liabilities wilhin the next financial year are as follows: No assumptions and
estimates having a significant risk ol material adjuslmenl on the amounts recognised in the
financial statements were made during the year.
11

Life Change Changes Lives
Company Limited by Guarantee
Notes to the Financial Statements (coniinuedj
Year ended 31 October 2022
Accounting policies (contlnued)
Fund accounting
Unrestrictèd lunds are available lor use at the discretion of the trustees to further any ol the
charity's purposes.
Designated fvnds are unrestricted funds earmarked by the truslees for particular future project or
commitment.
Restricted funds are subjecled to restrictions on their expenditure declared by the donor or
through the terms ol an appeal, and fall into on& of ￿0 sub-classes: restricted income funds or
endowmenl funds.
Incomlng resources
All incomlng resources arè included In the stalem8nl ol financial activities when entitlement has
passed to the ¢harily,' il is probable Ihal the economic benefits associated with th8 transaction
will flow lo the charity and the amount can be rellably measured. The following specific policies
ar8 applied lo particular categories ol income..
income Irom donations or grants is reeognised when there is evidence of enlitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipi is probable and entitlement is eslabllshed.
Income from donaled goods is measured at the falr value ol the goods unless this is
impractical io measure reliably, in which case the value is derived Irorn the cost lo the donor
or the eslimaled resale value. Donated facilities and services are recognised in the
accounts when received il Ihe value can bè reliably measured. No amounts are included lor
the conlributlon ol general volunteers,
income from contracts for the supply of services is recognised wlth the delivery of the
contracted servlce. This is classified as unrestricted funds unless there is a contractual
requir8ment for it to be spent on a particular purpose and returned if unspent, In which cas8
it may be règarded as restricted.
12

Life Change Changes Lives
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 Ociober 2022
Accounting policies (Gontlnued)
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovgrod, and is classified under headings of the statement of
financial activities to which it relates..
expenditure on raising funds includes the costs of all fundraising aclivities, events.
non-charitable trading aclivilies, and the sale ol donated goods,
expenditur8 on charitable activities Includes all costs incurred by a charity in undertaking
activities that further it5 charitable aims for the benefil ol its beneficiaries, including those
support costs and costs relating lo the governance of Ihe charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither r81al&d to raising funds for the
charity nor part of ils expenditure on charitable activities.
AII Costs are allocated lo expenditure categories relle¢ling the use ol the resourcè. Direct costs
attributable to a single activity are allocated directly lo that aclivily. Shared cosls are apportioned
between the activities they contributè to on a reasonable, justifiab18 and consistent basis.
Financial Instrumenls
A financial asset or a financial liability is recognised only when the entity becomes a party lo the
contractual provisions ol the instrumenl.
Basic financial instruments are initially recognised al the arnounl receivable or payable including
any related transaction costs, unless the arrangement constitules a financing Iransaclion, where
it is recognised at the present value of Ihe future payments discounted at a markel rate of
interest lor a similar debt instrument.
Current assets and current liabilities are subgequently measur@d at th8 cash or other
consideration expected to be paid or raceived and not discounted.
Other financial inslrumenls are subsequently measured at fair valu8, Wlth any changes
recognised in profil or loss, wilh the exception ol hedging instruments in a designated hedging
relationship (see hedg8 accounting policy).
Defined contrlbutlon plans
Contributions to defined contribulion plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an assel lo the extent
that the prapaymenl will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months ot the end of the
reporting dale in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding ol the discount is recognised as an expense in
the period in which il arises.
13

Life Change Changes Lives
Company Limited by Guarantee
Notes to the Financial Statemenls (¢oniinuedJ
Year ended 31 October 2022
Limited by guarantee
Every member promises, if the company is dlssolved whlle he, she or it is a member or within
Iwelve months alter he, she or il ceases to be a member, lo conlribute such sum Inol exceeding
£11 as may be dernanded ol him, her or it towards the payment ol the debts and liabilities of the
company incurred before he, she or it ceases lo be a mernber, and of the costs, charges and
expenses of winding up, and the adjustment of the rights ol the contributions among themselves.
Donatlons and legacies
Unreslricled
Funds
Restricted Tolal Funds
Funds
2022
Donatlons
Donations
Fundraising
Other Income
8,618
4,099
931
8,618
4,099
931
Grants
Grants
64,580
78,228
46,867
111,447
125,095
46,867
Unreslrlcted
Funds
Restricted Total Funds
Funds
2021
Donations
Donations
Fundraising
Other Incom8
4,728
6,923
4.728
6,923
Grants
Grants
70,662
42,978
113,640
82.313
42,978
125,291
Charltable actlvltles
Unrestricted Total Funds Unrestrlrted Total Funds
Funds
2022
Funds
2021
Sale of goodslservices as part of direct
charitable activities
44,478
44,478
8,491
8,491
14

Life Change Changes Lives
Company Limited by Guarantee
Notes lo the Financial Statemenls (continued)
Year ended 31 October 2022
Costs of raising donations and legacies
Unreslricled
Funds
Restricted Total Funds
Funds
2022
Costs ol raising donalions and legacies - Grants
receivable
62.341
47,635
109,975
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Costs ol raising donations and legacles Granls
receivable
38,139
43,042
81,181
Costs of other trading activities
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Costs ol other Irading activities - Shop costs
22,565
2,492
25,057
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Cosls ol other trading aclivilies - Shop costs
7,380
1,828
9,208
ExpendStur8 on charltabl8 activities by fund type
Unrestricted
Funds
R8Strict8d Total Funds
Funds
2022
General running cosls
Support costs
11,982
4,357
376
12,357
4,359
16,339
376
16,716
Unrestrlcted
Funds
Restricted Total Funds
Funds
2021
General running cosls
Support costs
11,536
467
11,536
3,699
3,232
12,003
3,232
15.235
15

Life Change Changes Lives
Company Limited by Guarantee
Notes to the Financial Statements (continuedj
Year ended 31 October 2022
10. Expenditure on charitable activities by activity type
Activilies
undertaken
directly Support costs
Total funds
2022
Tolal fund
2021
General running costs
Governance costs
12,357
12,357
4,359
16,716
11,536
3,699
4,359
12,357
4,359
15,235
11. Independent examination lees
2022
2021
Fees payable to th8 independent examiner for:
Independent examination of the financial slatemenls
1,000
1,000
12. Stalf co$t$
The average head ¢ount of employees during the y8ar was 3 {2021: 21. The average number of
full-time equivalent employees during thè year is analysed as follows-
2022
2021
Number of staff - type 1
No employee received employee benefits ol more than £60,000 during th8 year12021'. Nill.
13. Trustee remuneratlon and expenses
No remuneration or other benefits from employment with the charity or a related entity were
receiv8d by the tyuslees.
14. Pensions and other post retlrement beneflts
Delined contrlbution plans
The amount recognised in income or expenditure as an expense in relation lo defined
contribution plans was £5,859 {2021: £3,4071.
16

Life Change Changes Lives
Company Limited by Guarantee
Notes to the Financial Statements (Mntlnuedj
Year ended 31 October 2022
15. Analysis of ¢harilable funds
Unreslrlcted funds
Al
1 November 2
021
Al
31 Oclober 2
022
Income Expenditure
General funds
83,498
122,706
1101,245)
104,959
At
1 November 2
020
Al
31 October 20
21
Income Expenditure
General funds
50,216
90,804
157,522)
83,498
Restricted funds
Al
1 Novembei 2
021
At
31 O¢tober 2
022
Income Expenditure
Reslricled Fund 1 desc in alcs
18,427
46,867
{50,5031
14,791
At
1 November 2
020
At
31 October 20
21
Income Expenditure
Reslric18d Fund 1 desc in alcs
23,551
42,978
{48,1021
18,427
16. Analysls of net assels between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Current assets
104,959
14,791
119,750
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Gurrenl assets
83,498
18,427
101,925
17