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RED LODGE MILLENNIUM CENTRE LTD

Registered charity 1072125 · accounts filings on the Charity Commission register

Education/TrainingSport/recreation

Causes: Education/training · Amateur Sport · website · Get email alerts

Latest income
£99k
Latest spending
£114k
Registered
1998
Accounts read
FY2025

Financial health, per its FY2025 accounts

The charity reported a net expenditure of £22,397 for the year, resulting in a decrease in unrestricted reserves to £18,566. This level of unrestricted reserves is below the trustees' stated policy target of three months of unrestricted expenditure, which equates to approximately £28,459. The accounts state that free reserves amount to £7,415 and the trustees will monitor this annually with a view to increase reserves in due course.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities (93% of income)
“The Centre generated the majority of its income from hall hire and bar income which amounted to £97,078 (2024: £81,271).” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £19k; policy: three months of unrestricted expenditure)
“As at the year end the Charity had unrestricted reserves of £18,566 (2024: £32,968). This is slightly lower than the required level” — page 10
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Suffolk

Income and spending

Financial year endIncomeSpending
31/03/2025£99k£114k
31/03/2024£89k£112k
31/03/2023£75k£90k
31/03/2022£93k£97k
31/03/2021£107k£104k

Common questions

Is RED LODGE MILLENNIUM CENTRE LTD financially healthy?

Per its FY2025 accounts: The charity reported a net expenditure of £22,397 for the year, resulting in a decrease in unrestricted reserves to £18,566. This level of unrestricted reserves is below the trustees' stated policy target of three months of unrestricted expenditure, which equates to approximately £28,459. The accounts state that free reserves amount to £7,415 and the trustees will monitor this annually with a view to increase reserves in due course. Its FY2025 accounts were independently examined.