CHASE NC LTD

Registered charity 1137591 · accounts filings on the Charity Commission register

The principal objects of the charity are to lease and manage the Chase Neighbourhood Centre, advance education, relieve unemployment in St Ann's Nottingham. To provide facilities for leisure time and recreational activities and to improve the conditions of life for people in the local community.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Amateur Sport · Economic/community Development/employment · Recreation · website · Get email alerts

Latest income

£84k

Latest spending

£88k

Registered

2010

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net expenditure of £4,209 for the year, resulting in a decrease in unrestricted funds from £128,159 to £123,950. The trustees confirm that the financial statements are prepared on a going concern basis, with no material uncertainties identified regarding the charity's ability to continue in business. The charity relies on grants and income from rents to cover operating costs, with the café currently running at a loss.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Rental income (60% of income)

“Rental income 50,380” — page 12

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: three months of the total resources (held: £124k)

“The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by the charity should be three months of the total resources.” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

British Gas Energy Trust — “British Gas Energy Trust – help with fuel debt” (source page)

Register events

Received assets from another charity (30/09/2017) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Folasade Abiodun Sowunmi · trustee of 1 other charity
Pat Salmon · trustee of 1 other charity
Rev ANTHONY GILES · trustee of 2 other charities
Robert Bird · trustee of 1 other charity
Sheila Jones

Trustee list from the Charity Commission register (current, not historical).

Operates in: Nottingham City

Income and spending

Financial year end	Income	Spending
31/03/2025	£84k	£88k
31/03/2024	£72k	£74k
31/03/2023	£83k	£82k
31/03/2022	£126k	£94k
31/03/2021	£130k	£117k

Common questions

Is CHASE NC LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £4,209 for the year, resulting in a decrease in unrestricted funds from £128,159 to £123,950. The trustees confirm that the financial statements are prepared on a going concern basis, with no material uncertainties identified regarding the charity's ability to continue in business. The charity relies on grants and income from rents to cover operating costs, with the café currently running at a loss. Its FY2025 accounts were independently examined.

Who funds CHASE NC LTD?

Funders whose own accounts filings name CHASE NC LTD as a grant recipient include THE JONES 1986 CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
THE JONES 1986 CHARITABLE TRUST	FY2022	£5k	Purposes Beneficial to the Community

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Community Fund	11/04/2018	£10k	Chase NC's A year together