OLD HEATH COMMUNITY CENTRE
Provide activities to promote the benefit and well being of Old Heath residents and to estab;ish and maintain the Community Centre.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £80,963 to £71,777 due to total payments exceeding income. The trustees report that the charity suffered from a drain on finances due to being overcharged for electricity, though this has been rectified. Despite the deficit for the year, the trustees deem reserves sufficient to continue operating.
What the accounts disclose
“The Reserves Policy for the Charity should be equal to at least 6 months of the general charitable expenditure.” — page 6
Trustees
- FATHER RICHARDchair
- MARY BLANDON
- Zoe Frost
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £26k | £36k |
| 30/04/2024 | £20k | £13k |
| 30/04/2023 | £16k | £22k |
| 30/04/2022 | £18k | £24k |
| 30/04/2021 | £29k | £12k |
Common questions
Is OLD HEATH COMMUNITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £80,963 to £71,777 due to total payments exceeding income. The trustees report that the charity suffered from a drain on finances due to being overcharged for electricity, though this has been rectified. Despite the deficit for the year, the trustees deem reserves sufficient to continue operating. Its FY2025 accounts were independently examined.