ELMORE COMMUNITY SERVICES
Financial health, per its FY2025 accounts
The accounts state that the charity finished the year with a net loss of £182,561, drawing on historic reserves to bridge the gap between income of £2.609m and expenditure of £2.797m. Per the trustees' report, current unrestricted reserves of £1.233m are sufficient to cover 5.5 months of operating expenses, which is well above the charity's stated policy minimum of three months.
What the accounts disclose
“Current reserves are also sufficient to cover 5.5 months of operating expenses, well above the minimum of 3 months set in the Charity’s reserves policy.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Nigel Chapmanchair
- Becky Willis
- Elaine Shelton
- Gareth Kenworthy
- Liz Challis
- Vanessa Odlin
- Victoria Fields
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.6m | £2.8m |
| 31/03/2024 | £2.3m | £2.5m |
| 31/03/2023 | £2.3m | £2.4m |
| 31/03/2022 | £2.1m | £1.6m |
| 31/03/2021 | £1.3m | £1.0m |
Common questions
Is ELMORE COMMUNITY SERVICES financially healthy?
The accounts state that the charity finished the year with a net loss of £182,561, drawing on historic reserves to bridge the gap between income of £2.609m and expenditure of £2.797m. Per the trustees' report, current unrestricted reserves of £1.233m are sufficient to cover 5.5 months of operating expenses, which is well above the charity's stated policy minimum of three months. Its FY2025 accounts were audited by Shaw Gibbs (Audit) Limited.