GORSE COVERT COMMUNITY ASSOCIATION LIMITED
The community centre offers a varity of activities to all age groups including, Playgroups, Toddler Groups, Quilting, Dance, Aerobics, Tai Chi, Drawing and Painting, Craft classes, Adult Learning, hire facilities for Training Events and much more.
Objects
(1) TO PROVIDE FACILITIES FOR THE ADVANCEMENT OF EDUCATION, SOCIAL WELFARE AND RECREATION AND LEISURE TIME OCCUPATION FOR THE INHABITANTS OF NORTH LOUGHBOROUGH AND THE NEIGHBOURHOOD THEREOF(2) FOR SUCH PURPOSES TO MAINTAIN AND MANAGE THE BUILDING KNOWN AS "THE GORSE COVERT COMMUNITY CENTRE"
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £94,537, with unrestricted funds rising to £56,101. The charity reports steady income from its café and room hire, while noting that funding for its youth project runs out in March 2025. Trustees are committed to maintaining reserves and keeping spending on building facilities to a minimum.
What the accounts disclose
“As such the Community Association has cash reserves set aside to respond to any unforeseen funding difficulties or unexpected expenses.”
“The charity has close relationships with Charnwood Borough Council, which has provided an annual grant towards the running costs of the community centre through a Strategic Partner Agreement. Charnwood Borough Council owns the building, leasing it to the Association for forty years which commenced in 2009.” — page 2
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- VALERY LOUISA WATTSchair
- PETER RIPPON
- Raymond Harry Monk
- Roger Eric Reynolds
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £259k | £255k |
| 31/03/2024 | £262k | £233k |
| 31/03/2023 | £174k | £186k |
| 31/03/2022 | £102k | £139k |
| 31/03/2021 | £173k | £125k |
Common questions
Is GORSE COVERT COMMUNITY ASSOCIATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £94,537, with unrestricted funds rising to £56,101. The charity reports steady income from its café and room hire, while noting that funding for its youth project runs out in March 2025. Trustees are committed to maintaining reserves and keeping spending on building facilities to a minimum. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/03/2026 | £20k | Gorse Covert Youth Wellbeing and Empowerment Programme |
| The National Lottery Community Fund | 13/01/2023 | £9k | From Centre to Community Hub |
| The National Lottery Community Fund | 22/12/2011 | £8k | Safe Play |
| The National Lottery Community Fund | 08/01/2010 | £10k | Furnish It! |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £70k |
| MERTON VOLUNTARY SERVICE COUNCIL | 1 | £29k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £25k |
| NORTHAMPTONSHIRE COMMUNITY FOUNDATION | 1 | £8k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £6k |
| THE ANCHOR FOUNDATION | 1 | £5k |
| THE FORRESTER FAMILY TRUST | 1 | £5k |
| THE RATCLIFF FOUNDATION | 1 | £3k |
Charities like this
- LINWOOD COMMUNITY CO-OPERATIVE LTD
- WECOCK COMMUNITY ASSOCIATION
- GORSEINON DEVELOPMENT TRUST
- SOUTH MITCHAM COMMUNITY ASSOCIATION
- HILTINGBURY COMMUNITY ASSOCIATION
- THE VILLAGE PRE-SCHOOL (GORSE COVERT)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GORSE COVERT COMMUNITY ASSOCIATION LIMITED | £259k | — | 0 | unclear | — | no doubt |
| LINWOOD COMMUNITY CO-OPERATIVE LTD | £243k | — | 0 | above | — | noted |
| WECOCK COMMUNITY ASSOCIATION | £261k | — | 0 | unclear | — | no doubt |
| GORSEINON DEVELOPMENT TRUST | £1.3m | — | 0 | below | — | no doubt |
| SOUTH MITCHAM COMMUNITY ASSOCIATION | £298k | — | 0 | below | — | no doubt |
| HILTINGBURY COMMUNITY ASSOCIATION | £122k | — | — | unclear | — | no doubt |