The health and social care charity Change, Grow, Live increased its income by almost £40m in 2017/18 after taking over services run by the now-defunct drug and alcohol charity the Lifeline Project, its latest accounts show.
According to its accounts for the year to 31 March 2018, which were published by Companies House this week, income at CGL reached £195.5m, compared with £156m the previous year.
Expenditure also increased substantially, with the accounts showing a rise in spending from £152.4m in 2016/17 to £193m in 2017/18.
The increase in income and spending reflects CGL’s takeover of services run by the Lifeline Project after the charity’s collapse in 2017, the charity has confirmed.
The Lifeline Project – which had an income of £53m in the 11 months to February 2017 – went into administration in May last year and transferred its entire staff and most of its projects to CGL a month later.
Since the takeover, CGL’s income from health and social care initiatives has increased dramatically from £147.5m to £182m, the accounts reveal.
The accounts also reflect a rise in spending on health and social care from £144.8m to £180.9m.
Staff numbers have risen by almost 900, the accounts show, taking the figure to about 3,600.
This means spending on wages at the charity has increased to £95.4m in the latest accounts, compared with £71.3m the previous year.
The accounts say that 53 new projects joined CGL in 2017/18, including the charity’s first in Scotland.
Almost £1.4m was spent on redundancies, the accounts show, compared with £1.1m the previous year.
In his introduction to the accounts, Mike Pringle, chair of CGL, said that it had been "another astonishing year of growth and development", and called the transfer of Lifeline Project staff and services to CGL as a "truly impressive piece of work".