ABBEY COMMUNITY ASSOCIATION LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity posted a net deficit of £146,874 for the year ended 31 March 2025, reversing a previous surplus. Free reserves fell to £99,556, which the trustees note represents just under two months of unrestricted expenditure, below their stated policy target of three months. Despite this reduction, the trustees believe there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“During the year, one employee received remuneration falling within the £80,000 to £90,000 banding” — page 23
“During the year, one employee received remuneration falling within the £80,000 to £90,000 banding (2024: £70,000 to £80,000 banding - one).” — page 23
“Free reserves, as defined above, at the end of the year were £99,556 which currently represents just under 2 months of unrestricted expenditure.” — page 11
“The CEO and Board of Trustees review the revenue of the café and commercial room hire business (operated by its trading subsidiary, Abbey Community Services Limited, company registration number 02980473)” — page 4
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Claire Ruth Vince
- Dominic Graham Gilchrist
- Rohitha Pierre Perera
- Sandrine Sauvel
- Trudy Christina Brown
- Yvonne Agyei
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £2.1m |
| 31/03/2024 | £1.6m | £1.5m |
| 31/03/2023 | £1.1m | £1.0m |
| 31/03/2022 | £873k | £870k |
| 31/03/2021 | £712k | £798k |
Common questions
Is ABBEY COMMUNITY ASSOCIATION LIMITED financially healthy?
The accounts state that the charity posted a net deficit of £146,874 for the year ended 31 March 2025, reversing a previous surplus. Free reserves fell to £99,556, which the trustees note represents just under two months of unrestricted expenditure, below their stated policy target of three months. Despite this reduction, the trustees believe there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.
What does the highest-paid employee of ABBEY COMMUNITY ASSOCIATION LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.
Who funds ABBEY COMMUNITY ASSOCIATION LIMITED?
Funders whose own accounts filings name ABBEY COMMUNITY ASSOCIATION LIMITED as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN WITH ST JOHN, WESTMINSTER.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN WITH ST JOHN, WESTMINSTER | FY2021 | £650 |