Community Action Redbridge
Financial health, per its FY2023 accounts
The accounts state that the charity reported total income of £1,163,806 and total expenditure of £884,388, resulting in a net surplus of £279,418 for the year. Free/unrestricted reserves stood at £552,593, which exceeds the trustees' stated policy target of three months' operating costs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees believe that the minimum level of reserves should be the equivalent of three months operating costs (calculated and reviewed annually).” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Christine Elizabeth How
- Maeva Aurelie Ofranc-Sae
- Paul Edward Storer
- Raymond Man-Sheng Lau
- Roxanne Alice Howdle-Rowe
- Susanne Rauprich
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.1m |
| 31/03/2024 | £850k | £1.2m |
| 31/03/2023 | £1.2m | £884k |
| 31/03/2022 | £765k | £954k |
| 31/03/2021 | £911k | £834k |
Common questions
Is Community Action Redbridge financially healthy?
The accounts state that the charity reported total income of £1,163,806 and total expenditure of £884,388, resulting in a net surplus of £279,418 for the year. Free/unrestricted reserves stood at £552,593, which exceeds the trustees' stated policy target of three months' operating costs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Haslers.