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CENTRE4 LIMITED

Registered charity 1049128 · accounts filings on the Charity Commission register · also known as SECOND AVENUE RESOURCE CENTRE LIMITED

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Latest income
£3.5m
Latest spending
£2.7m
Registered
1995
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net loss of £100,811 for the year ended 31 March 2023, resulting in total net assets of £2,539,088. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors. Unrestricted funds stood at £853,047, which the trustees noted was above the policy target of approximately £177,331 representing three months of running costs.

What the accounts disclose

Accounts audited by Xeinadin Audit Limited. Discloses 4 of 6 completeness components.

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

Total income
£3.5m
Total spending
£2.7m
Cost of raising funds
£265k
Reserves (reported)
£0
Employees
101

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: North East Lincolnshire · North Lincolnshire

Income and spending

Financial year endIncomeSpending
31/03/2025£3.5m£2.7m
31/03/2024£2.1m£2.3m
31/03/2023£2.1m£2.2m
31/03/2022£3.0m£2.7m
31/03/2021£1.7m£1.5m

Common questions

Is CENTRE4 LIMITED financially healthy?

The accounts state that the charity reported a net loss of £100,811 for the year ended 31 March 2023, resulting in total net assets of £2,539,088. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors. Unrestricted funds stood at £853,047, which the trustees noted was above the policy target of approximately £177,331 representing three months of running costs. Its FY2023 accounts were audited by Xeinadin Audit Limited.