Charity Accounts Intelreading the accounts so you don’t have to

HORIZON CARE AND WELFARE ASSOCIATION

Registered charity 1047568 · accounts filings on the Charity Commission register · also known as C S C A, CROYDON SOMALI COMMUNITY ASSOCIATION, CROYDON SOMALI COMMUNITY CENTRE

Get email alerts for this charity

Latest income
£1.4m
Latest spending
£1.4m
Registered
1995
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total net assets decreased by £85,398 to £184,826, with unrestricted reserves falling from £205,283 to £119,885. The trustees confirm that funding is secured in the short to medium term and that there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Highest-paid employee band: Under £60,000 — below the median for charities its size (£70k)
“No employee received emoluments in excess of £60,000.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: at least 6 months (held: £120k)
“The policy in operation for the level of free reserves is to ensure enough reserves are held, free of any restrictions, to enable the charity to operate for at least 6 months should no new income be received.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Harrison Hill Castle & Co. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.4m
Total spending
£1.4m
Reserves (reported)
£120k
Employees
58

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Croydon · Surrey

Income and spending

Financial year endIncomeSpending
31/03/2025£1.4m£1.4m
31/03/2024£1.3m£1.3m
31/03/2023£1.2m£1.2m
31/03/2022£1.2m£1.1m
31/03/2021£998k£1.1m

Common questions

Is HORIZON CARE AND WELFARE ASSOCIATION financially healthy?

The accounts state that total net assets decreased by £85,398 to £184,826, with unrestricted reserves falling from £205,283 to £119,885. The trustees confirm that funding is secured in the short to medium term and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Harrison Hill Castle & Co.

What does the highest-paid employee of HORIZON CARE AND WELFARE ASSOCIATION earn?

Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.