NEW OWLSMOOR CENTRE
centre for meetings
Latest income
£43k
Latest spending
£44k
Registered
2000
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity held £0.00 in unrestricted reserves at the end of the period, with no reserves policy currently in place. The charity generated a surplus of £2,608 from operations, primarily driven by venue hire fees, which the trustees intend to reinvest in the community building and facilities.
What the accounts disclose
Largest income source: Regular Hire fees (78% of income)
“Regular Hire fees 32,161”
Per its FY2024 accounts as filed with the Charity Commission.
Governance: The document states 'Previous trustees were not aware of this requirement' regarding the reserves policy, indicating a governance/control failure in prior periods.
“Previous trustees were not aware of this requirement. A reserves policy will be implemented in the coming year”
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Melissa Timmschair
- Andy Hazell
- Fiona Fenton
- Katherine Purr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £43k | £44k |
| 31/12/2024 | £41k | £39k |
| 31/12/2023 | £35k | £32k |
| 31/12/2022 | £30k | £26k |
| 31/12/2021 | £16k | £25k |
Common questions
Is NEW OWLSMOOR CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that the charity held £0.00 in unrestricted reserves at the end of the period, with no reserves policy currently in place. The charity generated a surplus of £2,608 from operations, primarily driven by venue hire fees, which the trustees intend to reinvest in the community building and facilities.