REGAL AREA COMMUNITY ASSOCIATION
Running and managing the Regal Community Centre. Capacity building for the community.
Objects
1) TO PROMOTE THE BENEFIT OF THE INHABITANTS OF THE AREA OF BENEFIT BY ASSOCIATING TOGETHER THE INHABITANTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS TO ADVANCE EDUCATION AND LEISURE TIME OCCUPATIONS. 2) TO ESTABLISH A COMMUNITY CENTRE.
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds increased from £105,620 to £108,506, with a net income of £2,886 for the year. The charity holds a designated building reserve of £10,000 and has no tangible fixed assets or current liabilities recorded in the balance sheet.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 8
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 4
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 10
Trustees
- Ali Akkaschair
- MR JAYADEVAN
- Shah Asad Ahmed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £34k | £101k |
| 31/12/2024 | £33k | £30k |
| 31/12/2023 | £33k | £38k |
| 31/12/2022 | £24k | £27k |
| 31/12/2021 | £21k | £18k |
Common questions
Is REGAL AREA COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted funds increased from £105,620 to £108,506, with a net income of £2,886 for the year. The charity holds a designated building reserve of £10,000 and has no tangible fixed assets or current liabilities recorded in the balance sheet. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ASDA FOUNDATION | 1 | £23k |
| NORTH YARD COMMUNITY TRUST CIO | 1 | £3k |
| THE MIDCOUNTIES CO-OPERATIVE COMMUNITY FUND | 1 | £2k |
Charities like this
- THE REGAL TRUST LIMITED
- PELSALL COMMUNITY ASSOCIATION
- RAYNHAM WAY COMMUNITY CENTRE
- THE KINGS TAMERTON COMMUNITY ASSOCIATION
- RIDGEWOOD COMMUNITY ASSOCIATION
- MERLEY COMMUNITY ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| REGAL AREA COMMUNITY ASSOCIATION | £34k | — | 0 | unclear | — | no doubt |
| THE REGAL TRUST LIMITED | £658k | — | 0 | unclear | — | no doubt |
| PELSALL COMMUNITY ASSOCIATION | £171k | — | 0 | within | — | no doubt |
| RAYNHAM WAY COMMUNITY CENTRE | £72k | — | 0 | unclear | — | no doubt |
| THE KINGS TAMERTON COMMUNITY ASSOCIATION | £104k | — | 0 | unclear | — | no doubt |
| RIDGEWOOD COMMUNITY ASSOCIATION | £240k | — | 0 | unclear | — | no doubt |