WATTISFIELD COMMUNITY CENTRE AND RECREATION GROUND
The Trustees hold upon trust the village community centre and recreation ground for the use of the inhabitants of the parish of Wattisfield, Suffolk without distinction of political, religious or other opinions, including use for meetings, lectures and classes and for other forms of recreation and leisure-time occupation, with the object of improving the life of the said inhabitants
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £4,500, which the trustees estimate would cover approximately six months of operational costs. However, the filing notes an uncertain future due to the charity's complete reliance on the time and dedication of its trustees and volunteers to function.
What the accounts disclose
“We hold reserves of approx. £4500, in a COIF savings account, which would cover approx. 6 months of operational costs in the event of loss of income and to meet any unforeseen expenditure that may occur.”
“The charity is entirely reliant of the trustees and volunteers to run – without their time and dedication, we would not be able to successfully function, which would lead to an uncertain future for the charity.”
Trustees
- Jacqueline Mayeschair
- Bernadette Blencowe
- Colin Carver
- Paul Blencowe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £34k | £33k |
| 31/12/2023 | £22k | £21k |
| 31/12/2022 | £4k | £15k |
| 31/12/2021 | £13k | £8k |
| 31/12/2020 | £13k | £7k |
Common questions
Is WATTISFIELD COMMUNITY CENTRE AND RECREATION GROUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £4,500, which the trustees estimate would cover approximately six months of operational costs. However, the filing notes an uncertain future due to the charity's complete reliance on the time and dedication of its trustees and volunteers to function.