NEWLANDS COMMUNITY ASSOCIATION
Providing rent free accomodation to a number of community organisations and subsidised rent to others
Financial health, per its FY2025 accounts
The accounts state that the charity returned a deficit of £13,768 for the year ended 31 March 2025, resulting in a decrease in total funds to £6,063,310. Per the trustees' report, free reserves stood at £2,886,264, which significantly exceeds the stated minimum target of £20,000. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The trustees are working towards establishing a policy whereby the unrestricted funds not committed or invested in tangible fixed assets, the free reserves, are aimed to be held at a minimum figure of £20,000 by the charity.” — page 5
“During the year, the charitable company received a notional rental donation of £40,000 (2024 - £40,000) in relation to the rents waived of £40,000 (2024 - £40,000) from it's subsidiary Newlands Community Association (Trading) Limited.” — page 22
“The charity has a 100% owned trading subsidiary, Newlands Community Association (Trading) Limited, Company number 04389186, which owns property and receives rental income.” — page 6
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Ann Rawson
- BOB SHERRY
- Iwan Williams
- Mark John Ricketts
- Pauline Jeanette Bland
- SUE HODGSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £42k | £57k |
| 31/03/2024 | £674k | £68k |
| 31/03/2023 | £116k | £57k |
| 31/03/2022 | £160k | £57k |
| 31/03/2021 | £41k | £42k |
Common questions
Is NEWLANDS COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity returned a deficit of £13,768 for the year ended 31 March 2025, resulting in a decrease in total funds to £6,063,310. Per the trustees' report, free reserves stood at £2,886,264, which significantly exceeds the stated minimum target of £20,000. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 15/04/2010 | £10k | Greengates Community Shop |