IVY STREET FAMILY CENTRE TRUST
Registered charity 1088854 · accounts filings on the Charity Commission register · also known as HOXTON VINEYARD
Ivy Street Family Centre provides services to pre-school children and their families/carers, including term-time drop-in sessions as well as support for expectant mothers in need.
Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Religious Activities · Other Charitable Purposes · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased from £108,782 to £74,854, resulting in a net movement in funds of £(33,928). The trustees aim to maintain reserves equivalent to three months' operating expenses, which equated to a target of £21,000, a level the charity exceeded with its year-end cash funds of £74,854. The filing notes that the accounts do not present a 'true and fair' view due to being prepared on a receipts and payments basis.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months' operating expenses (held: £75k)
“The trustees aim to maintain reserves equivalent to three months’ operating expenses. This equated throughout the year to a cash reserve of £21,000.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Angela Large, spouse of Trustee Andrew Large, received a gross salary of £13,649.
“Angela Large, spouse of Andrew Large a Trustee, was employed as Director of Services to provide executive oversight for the Ivy Street Family Centre during the year receiving a gross salary of £13,649 (2023: £13,649)” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties
“During the year the charity: a) received donations totalling £1,007 (2023: £132,926) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).”
“Angela Large, spouse of Andrew Large a Trustee, was employed as Director of Services to provide executive oversight for the Ivy Street Family Centre during the year receiving a gross salary of £13,649 (2023: £13,649)” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Employment of trustee's spouse
“During the year the charity: a) received donations totalling £1,007 (2023: £132,926) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).”
“Angela Large, spouse of Andrew Large a Trustee, was employed as Director of Services to provide executive oversight for the Ivy Street Family Centre during the year receiving a gross salary of £13,649 (2023: £13,649)” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Hackney
Income and spending
Common questions
Is IVY STREET FAMILY CENTRE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves decreased from £108,782 to £74,854, resulting in a net movement in funds of £(33,928). The trustees aim to maintain reserves equivalent to three months' operating expenses, which equated to a target of £21,000, a level the charity exceeded with its year-end cash funds of £74,854. The filing notes that the accounts do not present a 'true and fair' view due to being prepared on a receipts and payments basis. Its FY2024 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with FIVE CHILDREN AND FAMILIES TRUST LTD.
Side by side with its peers
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