CCEW Charity Commission profile

LOW COST LIVING LIMITED

Registered charity 1125677 · organisation 4040488

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Charitable company
Registered
1 September 2008
Removed
Not supplied
Company number supplied
06502018
Financial period
1 March 2024 – 28 February 2025
Latest income
£7,793,597
Latest expenditure
£7,659,209
Gift Aid
No
Owns or uses land
Yes
In administration
No
Insolvent
No
CIO
No

Public contact address: 4A MANOR ROAD, LONDON, N16 5SA

02 Activities

What the charity does

1) THE RELIEF OF FINANCIAL HARDSHIP AMONG PEOPLE LIVING OR WORKING IN LONDON BY PROVIDING SUCH PERSONS WITH LOW-COST HOUSEHOLD GOODS AND FOOD WHICH THEY COULD NOT OTHERWISE AFFORD THROUGH LACK OF MEANS.2) THE PROMOTION OF ANY OTHER EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES SUCH AS THE TRUSTEES SEE FIT, PROVIDED THAT THEY ARE REGARDED AS CHARITABLE BY THE LAW OF ENGLAND AND WALES.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 March 2024
Fin Period End Date
28 February 2025
Ar Cycle Reference
AR25
Reporting Due Date
28 December 2025
Date Annual Return Received
16 December 2025
Date Accounts Received
16 December 2025
Total Gross Income
£7,793,597
Total Gross Expenditure
£7,659,209
Fin Period Start Date
1 March 2023
Fin Period End Date
29 February 2024
Ar Cycle Reference
AR24
Reporting Due Date
29 December 2024
Date Annual Return Received
18 December 2024
Date Accounts Received
18 December 2024
Total Gross Income
£8,049,959
Total Gross Expenditure
£7,960,317
Fin Period Start Date
1 March 2022
Fin Period End Date
28 February 2023
Ar Cycle Reference
AR23
Reporting Due Date
28 December 2023
Date Annual Return Received
19 December 2023
Date Accounts Received
19 December 2023
Total Gross Income
£6,192,458
Total Gross Expenditure
£5,849,535
Fin Period Start Date
1 March 2021
Fin Period End Date
28 February 2022
Ar Cycle Reference
AR22
Reporting Due Date
28 December 2022
Date Annual Return Received
23 December 2022
Date Accounts Received
23 December 2022
Total Gross Income
£4,372,819
Total Gross Expenditure
£4,544,561
Fin Period Start Date
1 March 2020
Fin Period End Date
28 February 2021
Ar Cycle Reference
AR21
Reporting Due Date
28 December 2021
Date Annual Return Received
26 December 2021
Date Accounts Received
26 December 2021
Total Gross Income
£4,920,489
Total Gross Expenditure
£4,755,859

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 March 2024
Fin Period End Date
28 February 2025
Ar Due Date
28 December 2025
Ar Received Date
16 December 2025
Total Gross Income
£7,793,597
Total Gross Expenditure
£7,659,209
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 March 2023
Fin Period End Date
29 February 2024
Ar Due Date
29 December 2024
Ar Received Date
18 December 2024
Total Gross Income
£8,049,959
Total Gross Expenditure
£7,960,317
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 March 2022
Fin Period End Date
28 February 2023
Ar Due Date
28 December 2023
Ar Received Date
19 December 2023
Total Gross Income
£6,192,458
Total Gross Expenditure
£5,849,535
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 March 2021
Fin Period End Date
28 February 2022
Ar Due Date
28 December 2022
Ar Received Date
23 December 2022
Total Gross Income
£4,372,819
Total Gross Expenditure
£4,544,561
Charity Raises Funds From Public
Yes
Charity Professional Fundraiser
No
Charity Commercial Participator
No
Grant Making Is Main Activity
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£1
Income From Government Grants
£9,995
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 March 2020
Fin Period End Date
28 February 2021
Ar Due Date
28 December 2021
Ar Received Date
26 December 2021
Total Gross Income
£4,920,489
Total Gross Expenditure
£4,755,859
Charity Raises Funds From Public
Yes
Charity Professional Fundraiser
No
Charity Commercial Participator
No
Grant Making Is Main Activity
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£2
Income From Government Grants
£31,990
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 March 2024
Fin Period End Date
28 February 2025
Ar Due Date
28 December 2025
Ar Received Date
16 December 2025
Income Donations And Legacies
643567
Income Other Trading Activities
0
Income Charitable Activities
7143707
Income Investments
6323
Income Other
0
Income Total Income And Endowments
7793597
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£7,659,209
Expenditure Other
0
Expenditure Total
7659209
Expenditure Investment Management
0
Expenditure Grants Institution
7000
Expenditure Governance
0
Expenditure Support Costs
7185
Expenditure Depreciation
25915
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£589,908
Assets Total Fixed
117416
Assets Own Use
117416
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£1,149,233
Assets Total Liabilities
£676,741
Assets Current Investment
60000
Assets Total Assets And Liabilities
£589,908
Creditors One Year Total Current
676741
Creditors Falling Due After One Year
0
Assets Cash
£213,362
Funds Endowment
0
Funds Unrestricted
589908
Funds Restricted
0
Funds Total
589908
Count Employees
31
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 March 2023
Fin Period End Date
29 February 2024
Ar Due Date
29 December 2024
Ar Received Date
18 December 2024
Income Donations And Legacies
585556
Income Other Trading Activities
0
Income Charitable Activities
7457263
Income Investments
7140
Income Other
0
Income Total Income And Endowments
8049959
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£7,960,317
Expenditure Other
0
Expenditure Total
7960317
Expenditure Investment Management
0
Expenditure Grants Institution
4029
Expenditure Governance
7721
Expenditure Support Costs
7721
Expenditure Depreciation
12746
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£0
Assets Total Fixed
143240
Assets Own Use
38240
Assets Long Term Investment
105000
Defined Benefit Pension Scheme
0
Assets Other Assets
£964,896
Assets Total Liabilities
£652,616
Assets Current Investment
877439
Assets Total Assets And Liabilities
£455,520
Creditors One Year Total Current
652616
Creditors Falling Due After One Year
0
Assets Cash
£87,457
Funds Endowment
0
Funds Unrestricted
455520
Funds Restricted
0
Funds Total
455520
Count Employees
29
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 March 2022
Fin Period End Date
28 February 2023
Ar Due Date
28 December 2023
Ar Received Date
19 December 2023
Income Donations And Legacies
380759
Income Other Trading Activities
0
Income Charitable Activities
5811360
Income Investments
0
Income Other
339
Income Total Income And Endowments
6192458
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£5,849,535
Expenditure Other
0
Expenditure Total
5849535
Expenditure Investment Management
0
Expenditure Grants Institution
4035
Expenditure Governance
6518
Expenditure Support Costs
6518
Expenditure Depreciation
30218
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£365,878
Assets Total Fixed
170986
Assets Own Use
170986
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£1,068,742
Assets Total Liabilities
£873,850
Assets Current Investment
0
Assets Total Assets And Liabilities
£365,878
Creditors One Year Total Current
873850
Creditors Falling Due After One Year
0
Assets Cash
£165,570
Funds Endowment
0
Funds Unrestricted
365878
Funds Restricted
0
Funds Total
365878
Count Employees
27
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 March 2021
Fin Period End Date
28 February 2022
Ar Due Date
28 December 2022
Ar Received Date
23 December 2022
Income Donations And Legacies
108150
Income Other Trading Activities
0
Income Charitable Activities
4254635
Income Investments
39
Income Other
9995
Income Total Income And Endowments
4372819
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£4,544,561
Expenditure Other
0
Expenditure Total
4544561
Expenditure Investment Management
0
Expenditure Grants Institution
9663
Expenditure Governance
9867
Expenditure Support Costs
9867
Expenditure Depreciation
13185
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£0
Assets Total Fixed
174553
Assets Own Use
174553
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£725,944
Assets Total Liabilities
£877,542
Assets Current Investment
0
Assets Total Assets And Liabilities
£22,955
Creditors One Year Total Current
877542
Creditors Falling Due After One Year
0
Assets Cash
£61,593
Funds Endowment
0
Funds Unrestricted
22955
Funds Restricted
0
Funds Total
22955
Count Employees
28
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 March 2020
Fin Period End Date
28 February 2021
Ar Due Date
28 December 2021
Ar Received Date
26 December 2021
Income Donations And Legacies
0
Income Other Trading Activities
0
Income Charitable Activities
4888390
Income Investments
109
Income Other
31990
Income Total Income And Endowments
4920489
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£4,755,859
Expenditure Other
0
Expenditure Total
4755859
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
7139
Expenditure Support Costs
7139
Expenditure Depreciation
7723
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£175,045
Assets Total Fixed
19652
Assets Own Use
19652
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£1,044,714
Assets Total Liabilities
£869,669
Assets Current Investment
0
Assets Total Assets And Liabilities
£194,697
Creditors One Year Total Current
869669
Creditors Falling Due After One Year
0
Assets Cash
£580,351
Funds Endowment
0
Funds Unrestricted
194697
Funds Restricted
0
Funds Total
194697
Count Employees
23
Charity Only Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Local Authority
Geographic Area Description
Haringey
Parent Geographic Area Type
Metropolitan Counties
Parent Geographic Area Description
Greater London
Welsh Ind
No
Geographic Area Type
Local Authority
Geographic Area Description
Hackney
Parent Geographic Area Type
Metropolitan Counties
Parent Geographic Area Description
Greater London
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
204
Classification Type
Who
Classification Description
People Of A Particular Ethnic Or Racial Origin
Classification Code
301
Classification Type
How
Classification Description
Makes Grants To Individuals
Classification Code
105
Classification Type
What
Classification Description
The Prevention Or Relief Of Poverty
Classification Code
306
Classification Type
How
Classification Description
Provides Services

08 Official extract

Charity Event History

Charity Name
LOW COST LIVING LIMITED
Charity Event Order
1
Event Type
Standard registration
Date Of Event
2008-09-01T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 12 FEBRUARY 2008
Charitable Objects
1) THE RELIEF OF FINANCIAL HARDSHIP AMONG PEOPLE LIVING OR WORKING IN LONDON BY PROVIDING SUCH PERSONS WITH LOW-COST HOUSEHOLD GOODS AND FOOD WHICH THEY COULD NOT OTHERWISE AFFORD THROUGH LACK OF MEANS.2) THE PROMOTION OF ANY OTHER EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES SUCH AS THE TRUSTEES SEE FIT, PROVIDED THAT THEY ARE REGARDED AS CHARITABLE BY THE LAW OF ENGLAND AND WALES.
Area Of Benefit
LOCAL

10 Official extract

Charity Policy

Policy Name
Investment
Policy Name
Conflicting interests
Policy Name
Investing charity funds policy and procedures
Policy Name
Trustee expenses policy and procedures
Policy Name
Complaints handling
Policy Name
Risk management
Policy Name
Complaints policy and procedures
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Safeguarding policy and procedures
Policy Name
Serious incident reporting policy and procedures
Policy Name
Bullying and harassment policy and procedures
Policy Name
Volunteer management
Policy Name
Internal risk management policy and procedures
Policy Name
Financial reserves policy and procedures
Policy Name
Paying staff