ANGEL CENTRE (WORCESTER)
Management of the property known as The Angel Centre for the purpose of providing affordable accommodation for other charitable and community based groups.
Objects
TO PROMOTE THE MORE EFFECTIVE WORKING OF THE CHARITABLE ORGANISATIONS AS STATED IN SUB CLAUSE (2).FOR FURTHER INFORMATION SEE CLAUSE 2 OF MEMORANDUM AND ARTICLES OF ASSOCIATION.
Financial health, per its FY2025 accounts
The accounts state that the charity is preparing to wind up its operations following the sale of its premises by the United Reformed Church, with completion expected in late August or early September 2025. Despite this impending closure, the charity reported a surplus for the year, increasing its total reserves to £75,937. The trustees confirm that free reserves of £71,094 currently exceed their stated policy target of maintaining approximately 18 months of income.
What the accounts disclose
“Our aim is to maintain reserves at a figure equivalent to approximately 18 months income from members fees to cover temporary periods when accommodation may not be fully utilised to ensure that the costs of repairs and maintenance and running costs can be met.” — page 3
“Following completion, for which a date is currently uncertain, the Charity will begin the process of winding up the Charity and disposing of assets.”
“During both the current and previous years the charity was provided use of the Angel Centre building owned by the United Reformed Church for a peppercorn rent. No income and expenditure has been accounted for the use of the Angel Centre building on the basis that the market value for the rent of this building cannot be reliably measured.” — page 14
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity 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
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- ADRIAN CLIFFORD GILES
- BRIAN BENNETT
- Kitty Mary Macpherson Ross
- NEIL ANDREW CAREY
- NICOLETTE NEVILLE-LEE
- SALLY ANN ELLISON
- Stephen McArdle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £40k | £33k |
| 31/03/2024 | £39k | £35k |
| 31/03/2023 | £38k | £31k |
| 31/03/2022 | £35k | £30k |
| 31/03/2021 | £30k | £23k |
Common questions
Is ANGEL CENTRE (WORCESTER) financially healthy?
Per its FY2025 accounts: The accounts state that the charity is preparing to wind up its operations following the sale of its premises by the United Reformed Church, with completion expected in late August or early September 2025. Despite this impending closure, the charity reported a surplus for the year, increasing its total reserves to £75,937. The trustees confirm that free reserves of £71,094 currently exceed their stated policy target of maintaining approximately 18 months of income. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/05/2005 | £5k | Refurbishment |