ALL SAINTS COMMUNITY DEVELOPMENT COMPANY
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £21,717 for the year ended 31 March 2023, continuing a trend of costs exceeding income for the third successive year due to inflation and rising interest rates. Despite this deficit, the trustees confirmed adequate resources to continue operations on a going concern basis, with unrestricted reserves of £702,728 held against a stated policy to build a free cash reserve to mitigate financial risks.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANDREW SAVAGEchair
- Ben Howells
- DAVE CHAPMAN
- MR STAN HEMS
- TIM CUTHBERSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.8m | £686k |
| 31/03/2024 | £533k | £439k |
| 31/03/2023 | £364k | £386k |
| 31/03/2022 | £305k | £327k |
| 31/03/2021 | £269k | £279k |
Common questions
Is ALL SAINTS COMMUNITY DEVELOPMENT COMPANY financially healthy?
The accounts state that the charity reported a net deficit of £21,717 for the year ended 31 March 2023, continuing a trend of costs exceeding income for the third successive year due to inflation and rising interest rates. Despite this deficit, the trustees confirmed adequate resources to continue operations on a going concern basis, with unrestricted reserves of £702,728 held against a stated policy to build a free cash reserve to mitigate financial risks. Its FY2023 accounts were audited by Malcolm Willcox & Co.