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CROSTON OLD SCHOOL

Registered charity 1074784 · accounts filings on the Charity Commission register · also known as CROSTON OLD SCHOOL COMMUNITY TRUST

The objects are to support and develop community provision in the villages of Croston, Bretherton and Ulnes Walton and establish a Community Resource Centre in Croston, Lancashire.

Causes: Economic/community Development/employment · website · Get email alerts

Latest income
£53k
Latest spending
£68k
Registered
1999
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £15,290 for the year, resulting in a decrease in total funds from £285,022 to £269,732. The trustees note that income from grants and trading activities deteriorated, while expenditure remained significant due to rising labour costs. Despite the deficit, the charity maintains unrestricted reserves of £6,711 and states there are no material uncertainties regarding its ability to continue.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Community Fund (National Lottery Charities Board) (76% of income)
“The principal contribution came from the Community Fund (National Lottery Charities Board), without whom the project would not have been possible.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: as many years running costs as possible in reserve to cover cyclical maintenance (held: £7k)
“The reserves policy is to accumulate funds so as to have as many years running costs as possible in reserve to cover cyclical maintenance, which will provide long term security to the users of the Community Resource Centre.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

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

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Lancashire

Income and spending

Financial year endIncomeSpending
31/12/2024£53k£68k
31/12/2023£62k£71k
31/12/2022£37k£57k
31/12/2021£26k£41k
31/12/2020£24k£36k

Common questions

Is CROSTON OLD SCHOOL financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £15,290 for the year, resulting in a decrease in total funds from £285,022 to £269,732. The trustees note that income from grants and trading activities deteriorated, while expenditure remained significant due to rising labour costs. Despite the deficit, the charity maintains unrestricted reserves of £6,711 and states there are no material uncertainties regarding its ability to continue. Its FY2024 accounts were independently examined.