THE SELSDON CENTRE TRUST
Providing a community centre and a meals service for retired people providing leisure and recreation facilities to those people and thereby assisting in the support of elderly people in the community.
Financial health, per its FY2025 accounts
The charity reported a surplus of £35,353 for the year, increasing its total unrestricted and restricted funds to £86,665. However, the trustees note that the centre is running at a monthly deficit of around £2,000 due to the withdrawal of general support from Croydon Council, creating uncertainty regarding the continuation of their significant rent reduction. The organization remains dependent on alternative funding sources and volunteer recruitment to sustain its services.
What the accounts disclose
“The previous policy with the General Reserve was to endeavour to maintain at least a level equivalent to six months expenditure.”
Property (HM Land Registry)
Trustees
- Catriona Lumiste
- Fiona Sinclair KC
- Samantha Ruth Phillips
- Susan Mary Tilley
- Trevor Alan Stotten
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £135k | £100k |
| 31/03/2024 | £46k | £86k |
| 31/03/2023 | £62k | £69k |
| 31/03/2022 | £48k | £60k |
| 31/03/2021 | £40k | £23k |
Common questions
Is THE SELSDON CENTRE TRUST financially healthy?
Per its FY2025 accounts: The charity reported a surplus of £35,353 for the year, increasing its total unrestricted and restricted funds to £86,665. However, the trustees note that the centre is running at a monthly deficit of around £2,000 due to the withdrawal of general support from Croydon Council, creating uncertainty regarding the continuation of their significant rent reduction. The organization remains dependent on alternative funding sources and volunteer recruitment to sustain its services. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 11/12/2023 | £225k | Save Selsdon Centre |
| UK government | 21/08/2020 | £9k | Coronavirus Community Support Fund |