HIBISCUS CARIBBEAN ELDERLY ASSOCIATION
To relieve the aged and unemployed in particular those of Caribbean and African origin in East London by the provision of facilities for recreation or leisure time occupation with the object of improving their conditions of life.To relieve poverty amongst retired persons, in particular those of Caribbean and African origin in East London
Objects
(1) TO RELIEVE THE AGED BEING PERSONS WHO ARE 60 YEARS OF AGE AND OVER PARTICULARLY THOSE OF CARRIBBEAN ORIGIN IN EAST LONDON BY THE PROVISION OF FACILITIES FOR RECREATION OR LEISURE TIME OCCUPATION WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE. (2) TO RELIEVE POVERTY AMONGST UMEMPLOYED AND RETIRED PERSONS IN PARTICULAR THOSE OF CARRIBBEAN ORIGIN WHO LIVE IN EAST LONDON
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £3,505, resulting in unrestricted reserves of -£27,877, which is below the stated policy target of three months' running expenses. The trustees acknowledge financial challenges, including the absence of commissioned local authority funding, but consider it appropriate to prepare the accounts on a going concern basis.
What the accounts disclose
“The directors will endeavour to maintain free reserves sufficient to cover at least three months' running expenses.” — page 7
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Volunteer management
Trustees
- JEPHTA OPARA
- MARY RICHARDS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £37k | £41k |
| 31/03/2024 | £34k | £38k |
| 31/03/2023 | £53k | £48k |
| 31/03/2022 | £52k | £69k |
| 31/03/2021 | £35k | £53k |
Common questions
Is HIBISCUS CARIBBEAN ELDERLY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £3,505, resulting in unrestricted reserves of -£27,877, which is below the stated policy target of three months' running expenses. The trustees acknowledge financial challenges, including the absence of commissioned local authority funding, but consider it appropriate to prepare the accounts on a going concern basis. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/01/2010 | £10k | Refresh |
| The National Lottery Heritage Fund | 03/02/1999 | £27k | "Newham Caribbean and African Writing Festival" |