THE KINGSBOROUGH CENTRE
Latest income
£1.5m
Latest spending
£1.4m
Registered
2006
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the immediate financial position is good and the long-term position is stable, with unrestricted funds of £617,045 against a policy target of three months' expenditure. The charity maintains sufficient reserves to sustain operations even in the event of a substantial decrease in financial resources.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.5m
Total spending
£1.4m
Cost of raising funds
£16k
Reserves (reported)
£681k
Employees
35
Trustees
- Daniel Tabiri
- Modupe Lanre-Akinsiun
- PASTOR NIYI OLWASIMBO MURELE
- PASTOR OLUWATOYIN BALOGUN
- Rev YEMI ADEDEJI
- Vera Deloris Omonedo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.4m |
| 31/03/2024 | £1.1m | £1.2m |
| 31/03/2023 | £1.1m | £954k |
| 31/03/2022 | £971k | £821k |
| 31/03/2021 | £862k | £745k |
Common questions
Is THE KINGSBOROUGH CENTRE financially healthy?
The accounts state that the immediate financial position is good and the long-term position is stable, with unrestricted funds of £617,045 against a policy target of three months' expenditure. The charity maintains sufficient reserves to sustain operations even in the event of a substantial decrease in financial resources. Its FY2023 accounts were audited by KBM UK LTD.