THE CLIFTON CENTRE COMMUNITY ASSOCIATION
To advance education and to provide facilities in the interest of social welfare for recreation and leisure. This is achieved through partnership working with various agencies and organisations,
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £3,201 for the year, resulting in a decrease in unrestricted reserves from £27,298 to £24,097. The trustees report that the charity's reserves policy target of three to six months' expenditure has been maintained throughout the year. The financial statements were prepared on a going concern basis, with the trustees confirming that funding has been secured to pay debts as they fall due.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months’ expenditure.” — page 5
Trustees
- MAUREEN PRESSLEYchair
- ANNE RAISBECK
- CAROLYN PYBUS
- DEBORAH THOMPSON
- HELEN JOAN COWEN MRS
- KATHERINE BELL
- Merryn Barbara Hewitt
- Rhoda Margaret Harrison
- SUSAN DEGNAN
- William John Harrison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £31k | £34k |
| 31/12/2024 | £30k | £38k |
| 31/12/2023 | £29k | £35k |
| 31/12/2022 | £25k | £28k |
| 31/12/2021 | £49k | £23k |
Common questions
Is THE CLIFTON CENTRE COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £3,201 for the year, resulting in a decrease in unrestricted reserves from £27,298 to £24,097. The trustees report that the charity's reserves policy target of three to six months' expenditure has been maintained throughout the year. The financial statements were prepared on a going concern basis, with the trustees confirming that funding has been secured to pay debts as they fall due. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/07/2023 | £4k | Improve the places and spaces that matter to communities |
| Northern Rock Foundation | 13/11/2002 | £10k | Grant awarded to Clifton Centre Community Association (Durham) |