LYNEMOUTH DAY CENTRE LTD
Day Centre for the elderly
Objects
TO PROMOTE THE RELIEF OF THE ELDERLY BY PROVIDING, MAINTAINING AND MANAGING A DAY CENTRE IN LYNEMOUTH FOR THE PURPOSE OF PROVIDING FACILITIES FOR RECREATION AND OTHER LEISURE TIME OCCUPATIONS AND OTHER LAWFUL CHARITABLE PURPOSES FOR SUCH PERSONS IN THE INTEREST OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £24,920 for the year, resulting in a decrease in total funds to £87,827. The trustees acknowledge that unrestricted reserves of £82,864 fall significantly short of their stated policy target of £190,000, noting it is unlikely the target will be reached for at least five years. While the charity remains operational, the trustees highlight risks associated with reliance on social care funding and rising costs, stating they are exploring diversification to mitigate these financial pressures.
What the accounts disclose
“This falls significantly short of the target level.”
“The Directors recognise the risks inherent in reliance on social care funding, coupled with rising operating costs and wider cost-of-living pressures. Management is actively exploring diversification and alternative funding sources to mitigate these risks.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Corporate structure
- Registered company of the charity Companies House 05233187
Company officers (Companies House)
- THOMPSON, Gillian on trustee list
- TARBIT, William on trustee list
- PEAT, Edward Charles on trustee list
- BURDON, Mark David on trustee list
Property (HM Land Registry)
Trustees
- MARK BURDONchair
- GILLIAN THOMPSON
- MR EDWARD PEAT
- WILLIAM TARBIT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £365k | £390k |
| 31/03/2024 | £349k | £375k |
| 31/03/2023 | £309k | £348k |
| 31/03/2022 | £291k | £318k |
| 31/03/2021 | £291k | £257k |
Common questions
Is LYNEMOUTH DAY CENTRE LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £24,920 for the year, resulting in a decrease in total funds to £87,827. The trustees acknowledge that unrestricted reserves of £82,864 fall significantly short of their stated policy target of £190,000, noting it is unlikely the target will be reached for at least five years. While the charity remains operational, the trustees highlight risks associated with reliance on social care funding and rising costs, stating they are exploring diversification to mitigate these financial pressures. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 22/12/2022 | £3k | Grant to Lynemouth Day Centre Ltd |
| Community Foundation North East | 18/11/2021 | £10k | A grant to Lynemouth Day Centre Ltd |
| The National Lottery Community Fund | 01/08/2019 | £8k | Lynemouth Day Centre Transport Provision |
| Northern Rock Foundation | 13/12/2005 | £107k | Grant awarded to Lynemouth Day Centre (Northumberland) |
| The National Lottery Community Fund | 02/12/2005 | £23k | Continuation Project - Day Centre |
| The National Lottery Community Fund | 06/08/2004 | £1k | Partially sighted actvities project |
| Northern Rock Foundation | 02/07/2004 | £4k | Grant awarded to Lynemouth Day Centre (Northumberland) |
| Northern Rock Foundation | 10/09/2002 | £111k | Grant awarded to Lynemouth Day Centre (Northumberland) |
| Northern Rock Foundation | 12/10/1999 | £57k | Grant awarded to Lynemouth Day Centre (Northumberland) |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| FOUNTAIN OF CHESSED LIMITED | 1 | £67k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| HAROFEH DONATIONS LIMITED | 1 | £16k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
Charities like this
- MOORDOWN COMMUNITY ASSOCIATION
- ST LEONARDS YOUTH AND COMMUNITY CENTRE
- BURWELL AND DISTRICT DAY CENTRE TRUST
- YAD VEACHISOMOCH L'CHAIM
- AFGHAN EKTA CULTURAL/RELIGIOUS COMMUNITY CENTRE
- THE SOUTHEND ON SEA DARBY AND JOAN ORGANISATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LYNEMOUTH DAY CENTRE LTD | £365k | — | 0 | below | — | noted |
| MOORDOWN COMMUNITY ASSOCIATION | £126k | — | 0 | within | — | no doubt |
| ST LEONARDS YOUTH AND COMMUNITY CENTRE | £645k | — | 0 | unclear | — | no doubt |
| BURWELL AND DISTRICT DAY CENTRE TRUST | £165k | — | 0 | above | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| AFGHAN EKTA CULTURAL/RELIGIOUS COMMUNITY CENTRE | £1.4m | — | 0 | unclear | — | no doubt |