NEW PARK COMMUNITY AND ARTS ASSOCIATION
To promote to the benefit of the inhabitants of Chichester and its neighbourhood without distinction of sex, sexual orientation,race or of political,religious or other opinions, in association with local authorities, voluntary and other organisations a common effort to advance education and to provide facilities in the interests of social welfare for recreation arts and sports.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure shortfall of £29,751 for the year ended 31 August 2025, primarily due to £104,303 spent on roof replacement works. Despite this deficit, unrestricted free reserves increased to £190,893, exceeding the trustees' policy target of six months' operational expenditure. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainties identified.
What the accounts disclose
“The trustees consider the charity should maintain positive free reserves equivalent to six months operational expenditure in order to safeguard continuing delivery of its objects during any temporary and unforeseen shortfall in incoming resources.”
Property (HM Land Registry)
Trustees
- Robert Longchair
- Andrew Harrop
- Diane Ashby
- Dr JOHN HERBERT JARVIS
- IAN PETER OLIVER
- Nigel Lee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £343k | £373k |
| 31/08/2024 | £320k | £245k |
| 31/08/2023 | £253k | £209k |
| 31/08/2022 | £224k | £219k |
| 31/08/2021 | £116k | £198k |
Common questions
Is NEW PARK COMMUNITY AND ARTS ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure shortfall of £29,751 for the year ended 31 August 2025, primarily due to £104,303 spent on roof replacement works. Despite this deficit, unrestricted free reserves increased to £190,893, exceeding the trustees' policy target of six months' operational expenditure. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainties identified. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 30/07/2010 | £450k | New Park Centre Development Project |
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- NEWCASTLE ARTS CENTRE TRUST LTD
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- THE MARSH COMMUNITY CENTRE CHARITABLE COMPANY
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW PARK COMMUNITY AND ARTS ASSOCIATION | £343k | — | 0 | above | — | no doubt |
| NEWCASTLE ARTS CENTRE TRUST LTD | £175k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CATHERINE'S, WAKEFIELD | £403k | — | 0 | unclear | — | no doubt |
| THE MARSH COMMUNITY CENTRE CHARITABLE COMPANY | £234k | — | 0 | above | — | no doubt |
| NEWPORT LIVE | £11.2m | — | — | unclear | — | no doubt |
| THE KEMPSTON COMMUNITY ASSOCIATION LIMITED | £133k | — | 0 | unclear | — | no doubt |