CENTRE WEST (NEWCASTLE)
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £130,291 for the year ended 31 March 2025, compared to a surplus in the prior year. Per the trustees' report, unrestricted funds stood at £1,043,950, with free reserves of £1,039,081, which the trustees consider sufficient to cover several years of expenditure.
What the accounts disclose
“The trustees have established an unrestricted reserves policy level to allow the Board to take appropriate action to ensure the continuity of its operations for several months should income be interrupted.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Rev George Robert Currychair
- Councillor Habib Rahman
- Fergus Laird
- Marie Bartley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £535k | £629k |
| 31/03/2024 | £519k | £550k |
| 31/03/2023 | £467k | £558k |
| 31/03/2022 | £394k | £512k |
| 31/03/2021 | £394k | £488k |
Common questions
Is CENTRE WEST (NEWCASTLE) financially healthy?
The accounts state that the charity reported a deficit of £130,291 for the year ended 31 March 2025, compared to a surplus in the prior year. Per the trustees' report, unrestricted funds stood at £1,043,950, with free reserves of £1,039,081, which the trustees consider sufficient to cover several years of expenditure. Its FY2025 accounts were audited by Sumer Auditco Limited.
Who funds CENTRE WEST (NEWCASTLE)?
Funders whose own accounts filings name CENTRE WEST (NEWCASTLE) as a grant recipient include THE JOICEY TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE JOICEY TRUST | FY2025 | £500 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CBRE UK CHARITABLE TRUST | 1 | £750 |