BRONTE YOUTH & COMMUNITY CENTRE
Financial health, per its FY2023 accounts
The accounts state that the charity generated a net surplus of £23,595 for the year ended 31 March 2023, driven by increased operational income and a significant pre-construction grant. Per the trustees' report, unrestricted reserves stood at £65,055, which the trustees consider strengthened following the year's delivery. The charity maintains a reserves policy to cover three to six months' running costs, and the current unrestricted funds exceed this minimum threshold.
What the accounts disclose
“It is the policy of the charitable company to maintain unrestricted funds which are free reserves at a level to cover redundancy provision and three to six months' running costs should no further funding be received.” — page 5
“Laura Cain, employed as Centre Manager, is the daughter of Bernard McNally, a trustee.” — page 21
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANDREA DEARY
- ANTHONY CLARKE MR
- ANTHONY CLEGG
- BERNARD MCNALLY
- GAVIN PETER HEARD
- LOUISE MARIE ASHTON
- MICHAEL ANTHONY SMITH
- PAUL EDWARD SLATER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.9m | £524k |
| 31/03/2024 | £277k | £293k |
| 31/03/2023 | £163k | £139k |
| 31/03/2022 | £17k | £14k |
| 31/03/2021 | £53k | £70k |
Common questions
Is BRONTE YOUTH & COMMUNITY CENTRE financially healthy?
The accounts state that the charity generated a net surplus of £23,595 for the year ended 31 March 2023, driven by increased operational income and a significant pre-construction grant. Per the trustees' report, unrestricted reserves stood at £65,055, which the trustees consider strengthened following the year's delivery. The charity maintains a reserves policy to cover three to six months' running costs, and the current unrestricted funds exceed this minimum threshold. Its FY2023 accounts were independently examined.