CREST WALTHAM FOREST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income surplus of £236,369 for the year ended 31 March 2025, resulting in total reserves increasing to £396,000. However, the trustees note that their policy of holding three months' running costs as a reserve has not yet been achieved due to the current economic climate. The charity's unrestricted reserves stood at £31,253, while restricted reserves were £364,747.
What the accounts disclose
“The trustees recommend a policy of holding three months' running costs as a reserve but this has not yet proved possible to achieve in the current economic climate.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (07/09/2019)
Trustees
- JOHN O'CONNORchair
- MAUREEN DODS
- Neil Yeomans
- Oliver James Welch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.0m |
| 31/03/2024 | £302k | £304k |
| 31/03/2023 | £889k | £1.1m |
| 31/03/2022 | £1.3m | £1.2m |
| 31/03/2021 | £1.0m | £1.1m |
Common questions
Is CREST WALTHAM FOREST financially healthy?
The accounts state that the charity reported a net income surplus of £236,369 for the year ended 31 March 2025, resulting in total reserves increasing to £396,000. However, the trustees note that their policy of holding three months' running costs as a reserve has not yet been achieved due to the current economic climate. The charity's unrestricted reserves stood at £31,253, while restricted reserves were £364,747. Its FY2025 accounts were audited by Prestons & Jacksons Partnership LLP.