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.
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.”
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 |