CROYDON HEARING RESOURCE CENTRE
To provide ongoing practical advice, information and emotional support to those who who have a hearing impairment and their families and to help reduce isolation across all ages in Croydon.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £24,157 for the year, reducing its unrestricted reserves from £123,530 to £99,373. The trustees note that future financing is uncertain due to financial struggles at NHS and Croydon Council, but they remain confident in their ability to meet targets and continue operations. The organization relies heavily on restricted funding from statutory bodies, which accounts for the majority of its incoming resources.
What the accounts disclose
“Our reserves policy dictates that we should always set aside a financial provision to address the costs of dilapidation in the future.”
Trustees
- David Nicholas Rosechair
- MARY SAUNDERS
- Peter Hugh Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £129k | £153k |
| 31/03/2024 | £131k | £149k |
| 31/03/2023 | £135k | £152k |
| 31/03/2022 | £131k | £143k |
| 31/03/2021 | £131k | £143k |
Common questions
Is CROYDON HEARING RESOURCE CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £24,157 for the year, reducing its unrestricted reserves from £123,530 to £99,373. The trustees note that future financing is uncertain due to financial struggles at NHS and Croydon Council, but they remain confident in their ability to meet targets and continue operations. The organization relies heavily on restricted funding from statutory bodies, which accounts for the majority of its incoming resources. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/06/2018 | £10k | Core Costs and Training |
| The National Lottery Community Fund | 01/05/2014 | £10k | Enhanced support services |
| The National Lottery Heritage Fund | 01/03/2005 | £1k | "An Award Has Been Made To The Croydon Hearing Resource Centre To Allow Them To Carry Out Seven Organised Oral Reminiscence Sessions In Vario" |
| The National Lottery Community Fund | 24/02/2005 | £6k | Reminisence Sessions |