HAVERING SHOPMOBILITY ASSOCIATION
To provide equipment for hire to assist all persons with mobility problems to carry out local shopping, recreation and long term rental.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted reserves were £73,373, which exceeds the trustees' policy target of one year's operating costs. Although the charity faced financial challenges due to slow recovery in user numbers post-pandemic, the trustees report that the financial position has improved significantly from the previous year's loss.
What the accounts disclose
“The charity has sufficient reserves that this will not affect the financial viability of the charity in the short term but will need to be monitored for the future, and strategies developed accordingly.”
Register events
- Received assets from another charity (19/10/2015)
Trustees
- David Oladele
- JACQUELINE ANN TOKLEY
- Jayne Walton
- Michael Mitchell
- Patricia Ann Mosby
- Peter Millward
- Richard Addison
- Ruth melody Cohen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £43k | £43k |
| 31/03/2024 | £39k | £54k |
| 31/03/2023 | £40k | £56k |
| 31/03/2022 | £42k | £51k |
| 31/03/2021 | £111k | £51k |
Common questions
Is HAVERING SHOPMOBILITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves were £73,373, which exceeds the trustees' policy target of one year's operating costs. Although the charity faced financial challenges due to slow recovery in user numbers post-pandemic, the trustees report that the financial position has improved significantly from the previous year's loss. Its FY2025 accounts were independently examined.