COMMUNITY ACTION ISLE OF WIGHT
Financial health, per its FY2025 accounts
The accounts state that the charity holds total unrestricted reserves of £702,469, which the trustees describe as 'solid and more than sufficient' against a policy target of two months' core operational expenditure. Despite a challenging operating environment characterized by inflation and reduced public sector funding, the group reported a net incoming resource of £133,813 for the year ended 31 March 2025.
What the accounts disclose
“Reserves: The Finance and Control procedures of Community Action IW identify two months core operational expenditure as being an appropriate minimum level and this is being adhered to.” — page 7
“During the year sales of £20,855 (2024: £4,290) were made to Riverside Ventures (Isle of Wight) Limited in respect of back office support. Purchases of £27,109 (2024: £20,773) were made from Riverside Ventures (Isle of Wight) Limited. At the year end a loan of £46,653 (2024: £41,212) was due from Riverside Ventures (Isle of Wight) Limited and there was a trade balance of £209 due to Riverside Ventures (Isle of Wight) Limited.” — page 38
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (12/07/2023)
- Received assets from another charity (11/02/2016)
Trustees
- Andrea Mary Smith
- Claire Jean Robertson
- Dr BRIAN JOHN COLES HINTON MBE
- Keith Sheldrake
- MR PADDY NOCTOR FRSA
- Mark Anthony Meredith
- Michael Lilley
- Raymond John Harrington-Vail
- Richard Priest
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £1.9m |
| 31/03/2024 | £1.7m | £1.7m |
| 31/03/2023 | £2.0m | £1.8m |
| 31/03/2022 | £1.7m | £1.7m |
| 31/03/2021 | £1.5m | £1.6m |
Common questions
Is COMMUNITY ACTION ISLE OF WIGHT financially healthy?
The accounts state that the charity holds total unrestricted reserves of £702,469, which the trustees describe as 'solid and more than sufficient' against a policy target of two months' core operational expenditure. Despite a challenging operating environment characterized by inflation and reduced public sector funding, the group reported a net incoming resource of £133,813 for the year ended 31 March 2025. Its FY2025 accounts were audited by MC Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FRANK JACKSON FOUNDATION | 1 | £85k |
| THE PARGITER TRUST | 1 | £80k |
| ST EDMUNDS TRUST | 1 | £21k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £10k |
| PAUL AND LOUISE COOKE ENDOWMENT | 1 | £5k |
| THE LESLIE MARY CARTER CHARITABLE TRUST | 1 | £5k |
| THE AIM FOUNDATION | 1 | £3k |