ST JAMES' CENTRE (DERBY)
Financial health, per its FY2023 accounts
The accounts state that the charity generated a surplus of £96,739 against income of £989,307, with unrestricted reserves held at £592,941. The trustees report that the financial situation remains uncertain due to cost-of-living pressures and underfunding from local authorities, noting that the current reserves equate to nine months' expenditure, which exceeds their policy target of three to six months.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Ambreen Raza-Ali
- David Nicolas Martin
- MARTIN GADSBY
- Mike Ballantyne
- Rachel Van Krimpen
- Yasmeen Raza
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.1m |
| 31/03/2024 | £1.1m | £1.0m |
| 31/03/2023 | £989k | £893k |
| 31/03/2022 | £899k | £829k |
| 31/03/2021 | £845k | £731k |
Common questions
Is ST JAMES' CENTRE (DERBY) financially healthy?
The accounts state that the charity generated a surplus of £96,739 against income of £989,307, with unrestricted reserves held at £592,941. The trustees report that the financial situation remains uncertain due to cost-of-living pressures and underfunding from local authorities, noting that the current reserves equate to nine months' expenditure, which exceeds their policy target of three to six months. Its FY2023 accounts were independently examined.