PEGSWOOD COMMUNITY HUB LIMITED
We work with families to provide a variety of services with a response to need and solution focussed approach. This work includes tackling issues such as poverty, unemployment, parenting, anti-social behaviour, social isolation and ill health. We support all generations by providing drop ins, one to one support, accredited programmes, courses and through referrals to external agencies.
Financial health, per its FY2025 accounts
The accounts state that the charity operated at an overall deficit of £3,159, resulting in a fall in bank balances to £1,141. While the charity is debt-free, unrestricted cash reserves are reported as less than one month's basic operating costs, with total unrestricted reserves at £16,191. The trustees acknowledge the need to control costs and build core reserves urgently.
What the accounts disclose
“unrestricted cash reserves at just over £1,000 represent less than one months’ basic operating costs, and the Trustees remain committed to urgently building reserves in the coming months and years.” — page 6
Property (HM Land Registry)
Trustees
- Margaret Patricia Kerswellchair
- Debra Anne Tighe
- John Lancelot Dobinson
- Martin Booth
- Peter Kerswell
- Tom Graham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £36k | £44k |
| 31/03/2024 | £61k | £73k |
| 31/03/2023 | £45k | £53k |
| 31/03/2022 | £44k | £49k |
| 31/03/2021 | £42k | £34k |
Common questions
Is PEGSWOOD COMMUNITY HUB LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at an overall deficit of £3,159, resulting in a fall in bank balances to £1,141. While the charity is debt-free, unrestricted cash reserves are reported as less than one month's basic operating costs, with total unrestricted reserves at £16,191. The trustees acknowledge the need to control costs and build core reserves urgently. Its FY2025 accounts were independently examined.
Who funds PEGSWOOD COMMUNITY HUB LIMITED?
Funders whose own accounts filings name PEGSWOOD COMMUNITY HUB LIMITED as a grant recipient include THE BARBOUR FOUNDATION, THE CATHERINE COOKSON CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BARBOUR FOUNDATION | FY2023 | £2k | |
| THE CATHERINE COOKSON CHARITABLE TRUST | FY2024 | £500 | Other Charities/Voluntary Bodies |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Northern Rock Foundation | 11/12/2006 | £46k | Grant awarded to Pegswood Community Project (Northumberland) |
| The National Lottery Community Fund | 17/03/2006 | £5k | healthy living project |
| Northern Rock Foundation | 18/03/2003 | £64k | Grant awarded to Pegswood Community Project (Northumberland) |
| Northern Rock Foundation | 31/10/2000 | £100k | Grant awarded to Pegswood Community Project (Northumberland) |