SANDWELL AND DISTRICT WEST INDIAN COMMUNITY ASSOCIATION
Full and Part Time Childcare
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £14,021 for the year, resulting in unrestricted reserves of £5,118. However, the trustees note that ongoing viability remains precarious due to the cessation of Local Authority statutory grants and the challenge of producing a surplus to service working capital in the current economic climate.
What the accounts disclose
“Sadwica has not reached a trading or grant negotiating position to be able to build in a sufficient level of surplus within its income stream and to achieve this goal.” — page 6
“However the on going viability still remains precarious in the current economic climate and producing a surplus to service working capital is still a challenge. The directors continue to take steps and make various difficult decisions to attempt to keep the project afloat.” — page 13
Insolvency history (Companies House)
Corporate structure
- Registered company of the charity Companies House 03609502
Company officers (Companies House)
- CAMERON, Mark Anthony on trustee list
- DAVIS, Nathaniel on trustee list
- COLEY, Violet Ann
Property (HM Land Registry)
Trustees
- CLARENCE MORTIMER CAMERON
- Cecil Richards
- Mark Anthony Cameron
- NATHANIEL DAVIS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £262k | £248k |
| 31/03/2024 | £118k | £114k |
| 30/09/2023 | £228k | £237k |
| 30/09/2022 | £241k | £248k |
| 30/09/2021 | £236k | £233k |
Common questions
Is SANDWELL AND DISTRICT WEST INDIAN COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £14,021 for the year, resulting in unrestricted reserves of £5,118. However, the trustees note that ongoing viability remains precarious due to the cessation of Local Authority statutory grants and the challenge of producing a surplus to service working capital in the current economic climate. Its FY2025 accounts were independently examined.