FRIEND IN NEED COMMUNITY CENTRE
To provide support for the elderly of Barnet in the form of [but not limited to] day care, good neighbour schemes, carer support, community transport, shopping, bill payments and pension collection, health and fitness. The community transport and shopping service operate across the whole borough.
Financial health, per its FY2025 accounts
The accounts state that the charity posted a substantial operating loss of £28,661 for the year ended 31 March 2025, continuing a trend of financial challenges. However, the charity holds healthy unrestricted reserves of £352,932, which the trustees describe as legacy funds used to plug the deficit. The trustees acknowledge the need for internal restructuring and innovative fundraising to ensure future sustainability.
What the accounts disclose
“Other ancillary trading to benefit beneficiaries 66,910” — page 21
Register events
- Received assets from another charity (12/09/2017)
Trustees
- Rev RUPERT LAZARchair
- Keith Nipps
- Philip Cohen
- Richard Murray
- Sharmini Chandrasekar
- Victoria Small
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £89k | £114k |
| 31/03/2024 | £90k | £109k |
| 31/03/2023 | £353k | £113k |
| 31/03/2022 | £122k | £148k |
| 31/03/2021 | £136k | £196k |
Common questions
Is FRIEND IN NEED COMMUNITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity posted a substantial operating loss of £28,661 for the year ended 31 March 2025, continuing a trend of financial challenges. However, the charity holds healthy unrestricted reserves of £352,932, which the trustees describe as legacy funds used to plug the deficit. The trustees acknowledge the need for internal restructuring and innovative fundraising to ensure future sustainability. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| London Borough of Barnet | 11/05/2017 | £2k | Grant to Friend In Need Community Centre |
| City Bridge Foundation | 30/06/2011 | £10k | Grant to Friend in Need Community Centre |
| The National Lottery Community Fund | 11/11/2010 | £10k | Magnificent Map of Barnet: Then and Now |