AVON BUSINESS & LEISURE CIO
WE ARE A COMMUNITY CENTRE HIRING ROOMS TO THE GENERAL PUBLIC AND RUNNING A NUMBER OF CLASSES FOR THE PUBLIC ON OUR PREMISES
Financial health, per its FY2024 accounts
The charity reported a net loss of £7,679 for the year ended 31 December 2024, with unrestricted funds decreasing from £134,853 to £128,722. Despite the loss, the charity held £118,103 in unrestricted bank funds and maintained reserves of £84,152, which exceeds the trustees' stated policy target of £53,000. The accounts indicate no material uncertainties regarding the charity's ability to continue operating.
What the accounts disclose
“The trustees goal is to retain unrestricted funds sufficient to cover 6 months running costs of the service to enable continuation of activities should the income cease and to provide for potential redundancy costs.” — page 5
“2 Trustees were paid for duties as employees during the year” — page 14
Property (HM Land Registry)
Trustees
- ANITA ITALLINA CASTELLINA
- BRENDA DENTON
- CRAIG PHILLIPS
- Craig Brown
- DARREN WILLETTS
- DAVID ARTHUR CORNS
- David Pavior
- Donald Meeks
- GAVIN WILLIAMS
- MR LARRY CASTELLINA
- Patricia Corns
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £73k | £80k |
| 31/12/2023 | £68k | £76k |
| 31/12/2022 | £68k | £65k |
| 31/12/2021 | £81k | £60k |
| 31/12/2020 | £84k | £61k |
Common questions
Is AVON BUSINESS & LEISURE CIO financially healthy?
Per its FY2024 accounts: The charity reported a net loss of £7,679 for the year ended 31 December 2024, with unrestricted funds decreasing from £134,853 to £128,722. Despite the loss, the charity held £118,103 in unrestricted bank funds and maintained reserves of £84,152, which exceeds the trustees' stated policy target of £53,000. The accounts indicate no material uncertainties regarding the charity's ability to continue operating. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/04/2008 | £8k | Comfy Accessible Furniture and Office Equipment |
| The National Lottery Community Fund | 01/02/2006 | £5k | Allow public access to computers within the centre |
| The National Lottery Community Fund | 04/01/2005 | £5k | Computer equipment |