PENNYWELL COMMUNITY CENTRE
Operates and Manages Pennywell Community Centre
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £15,885 for the current account and a deficit of £11,413 for the wages account, resulting in a net decrease in accumulated fund. The balance sheet shows total assets of £271,967, with significant holdings in fixed assets and current cash resources. The trustees confirmed the accounts give a true and fair view and were prepared under the small companies regime.
What the accounts disclose
Trustees
- Susan Watsonchair
- CATHERINE HUNTER
- Keith Lakeman
- Kirstie Cooke
- MARGARET GRAHAM
- Margaret Beaumont
- NORMA LEE
- William Leach
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/03/2025 | £127k | £122k |
| 30/03/2024 | £66k | £117k |
| 30/03/2023 | £73k | £54k |
| 30/03/2022 | £72k | £60k |
| 30/03/2021 | £46k | £42k |
Common questions
Is PENNYWELL COMMUNITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £15,885 for the current account and a deficit of £11,413 for the wages account, resulting in a net decrease in accumulated fund. The balance sheet shows total assets of £271,967, with significant holdings in fixed assets and current cash resources. The trustees confirmed the accounts give a true and fair view and were prepared under the small companies regime.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 26/03/2026 | £10k | Grant to Pennywell Community Centre |
| Community Foundation North East | 22/01/2026 | £10k | Grant to Pennywell Community Centre |
| The National Lottery Community Fund | 11/07/2024 | £19k | Creating a Community Hub in Pennywell |
| Sport England | 20/05/2024 | £13k | Jumping In Pennywell Community Centre |
| Northern Rock Foundation | 15/03/2004 | £49k | Grant awarded to Pennywell Community Centre (Tyne & Wear) |