GROVE PARK COMMUNITY GROUP
To provide community facilities for people in the Grove Park area of the Borough of Lewisham, south east London.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £15,604 for the year ended 31 March 2025, reducing its retained reserves to £41,772. The trustees consider the financial position satisfactory and believe current funding is adequate to support operations for the medium term. The charity has no fixed assets and maintains its entire unrestricted fund as an emergency reserve.
What the accounts disclose
“GPCG’s main income is from hiring out rooms to a wide variety of hobby, music, art and faith groups.” — page 6
“The trustees have reviewed the organisation’s free reserves policy and have turned its entire unrestricted fund into an emergency reserve to enable GROVE PARK COMMUNITY GROUP to meet its obligations in the event of a shortfall in income or sudden upturn in expenditure or the dissolution of the charity.” — page 8
Trustees
- Alistair James Walterchair
- Andrew John David Edkins
- Anna Sylvia Moore
- Ben Mark Donaldson
- Michael John Woods
- Sonja Kristina Aldengard
- Vanessa Kate Legouix
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £82k | £98k |
| 31/03/2024 | £87k | £122k |
| 31/03/2023 | £90k | £91k |
| 31/03/2022 | £92k | £106k |
| 31/03/2021 | £72k | £70k |
Common questions
Is GROVE PARK COMMUNITY GROUP financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £15,604 for the year ended 31 March 2025, reducing its retained reserves to £41,772. The trustees consider the financial position satisfactory and believe current funding is adequate to support operations for the medium term. The charity has no fixed assets and maintains its entire unrestricted fund as an emergency reserve. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/01/2013 | £10k | Patio and Disabled Access |
| The National Lottery Heritage Fund | 25/10/2012 | £9k | "Grove Park heritage and literary trail" |
| The National Lottery Community Fund | 16/04/2009 | £10k | Grove Park Peace Garden |