LINWOOD COMMUNITY CO-OPERATIVE LTD
We are a group of volunteers who have taking over the running of the local community centre on a estate in Corby which has 10% deprevation. In side the facility we have a Community Cafe, SureStart Childrens Centre, Youth Club a large sports hall which we hire out the facilty for different activities such as football, Table Tennis, Karate and many more.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £344,690 at year-end, which is in excess of its stated policy target of six months' operating costs. However, the trustees note a concern regarding the future of the centre due to the potential loss of Local Authority funding, which had previously been instrumental in maintaining the site.
What the accounts disclose
“It is the aim of the charity to hold reserves representing six months operating costs.” — page 6
“Despite healthy cash reserves, there is a concern about the future of the community centre as the potential loss of Local Authority funding becomes a possibility.” — page 6
Property (HM Land Registry)
Trustees
- Jeffery Woodchair
- Bryan Massie
- Janice Freeman
- LYNN ESTELLE JOHNSTON
- Samantha Johnston
- Steve Ford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £243k | £206k |
| 31/03/2024 | £379k | £259k |
| 31/03/2023 | £233k | £152k |
| 31/03/2022 | £127k | £103k |
| 31/03/2021 | £119k | £94k |
Common questions
Is LINWOOD COMMUNITY CO-OPERATIVE LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £344,690 at year-end, which is in excess of its stated policy target of six months' operating costs. However, the trustees note a concern regarding the future of the centre due to the potential loss of Local Authority funding, which had previously been instrumental in maintaining the site. Its FY2025 accounts were independently examined.
Who funds LINWOOD COMMUNITY CO-OPERATIVE LTD?
Funders whose own accounts filings name LINWOOD COMMUNITY CO-OPERATIVE LTD as a grant recipient include NORTHAMPTONSHIRE COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NORTHAMPTONSHIRE COMMUNITY FOUNDATION | FY2025 | £8k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 14/10/2024 | £2k | ALB-Sport England-Kingswood urban development Dodgeball programme |
| The National Lottery Community Fund | 30/06/2022 | £248k | Kingswood Urban Development |
Charities like this
- CENTRE4 LIMITED
- LANGWORTHY CORNERSTONE ASSOCIATION LTD
- CHELLS COMMUNITY ASSOCIATION
- ST JAMES' CENTRE (DERBY)
- HILTINGBURY COMMUNITY ASSOCIATION
- MELTHAM SPORTS AND COMMUNITY GROUP LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LINWOOD COMMUNITY CO-OPERATIVE LTD | £243k | — | 0 | above | — | noted |
| CENTRE4 LIMITED | £3.5m | £70,001 - £80,000 | 1 | below | — | no doubt |
| LANGWORTHY CORNERSTONE ASSOCIATION LTD | £513k | — | 0 | unclear | — | no doubt |
| CHELLS COMMUNITY ASSOCIATION | £316k | — | 0 | unclear | — | no doubt |
| ST JAMES' CENTRE (DERBY) | £1.2m | — | 0 | unclear | — | no doubt |
| HILTINGBURY COMMUNITY ASSOCIATION | £137k | — | 0 | unclear | — | no doubt |