ARKELL COMMUNITY CENTRE CHARITABLE TRUST FUND
The charity was set up to build a new community centre in Forest Green, Nailsworth. Building work commenced in November 2010. The Centre opened for business in July 2011.
Objects
FOR SUCH CHARITABLE PURPOSES AS SHALL BENEFIT WHOLLY OR MAINLY HE INHABITANTS OF NAILSWORTH AND BE USED SO FAR AS MAY BE PRACTICABLE IN THE PROMOTION OF RECREATIONAL FACILITIES FOR THE YOUNG PEOPLE OF NAILSWORTH BY THE CONSTRUCTION (OR BY FUNDING IN WHOLE IN IN PART THE CONSTRUCTION) OF A COMMUNITY HALL FOR THEIR BENEFIT AND FOR THE BENEFIT OF THE INHABITANTS OF NAILSWORTH
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a loss of £3,356.78 for the year ended 30 March 2025, driven by rising maintenance and compliance costs. The trustees explicitly warn that the centre is '3 years from bankruptcy' with current income and expenditure levels, indicating significant financial risk and a need for urgent fundraising to ensure future viability.
What the accounts disclose
“The last of these is the most urgent as the Centre is 3 years from bankruptcy with current income and expenditure levels.”
Policies the charity declares
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
Trustees
- NAILSWORTH TOWN COUNCIL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £37k | £40k |
| 31/03/2024 | £42k | £42k |
| 31/03/2023 | £32k | £49k |
| 31/03/2022 | £32k | £37k |
| 31/03/2021 | £35k | £24k |
Common questions
Is ARKELL COMMUNITY CENTRE CHARITABLE TRUST FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a loss of £3,356.78 for the year ended 30 March 2025, driven by rising maintenance and compliance costs. The trustees explicitly warn that the centre is '3 years from bankruptcy' with current income and expenditure levels, indicating significant financial risk and a need for urgent fundraising to ensure future viability.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/01/2020 | £4k | Artsparks 2019 |