THE CENTRE PROJECT LIMITED
The Centre Project aims to reduce isolation and promote well-being. Current activities include- My connect ' Community Hub'- Centre Kitchen - Social eating- Support, information, advocacy, signposting and referrals- Day services for adults with learning difficulties- Activities such as, games, art therapy, day trips and IT classes- The Freedom Youth Club - Community Food bank
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income surplus of £75,989 for the year ended 31 March 2025, with total funds increasing to £275,243. Per the trustees' report, free reserves are equivalent to four months of running costs, which exceeds the stated policy target of three months. The charity is not dependent on any single funding source, having diversified its income through grants, donations, and a significant legacy receipt.
What the accounts disclose
“The Charity’s free reserves level is currently equivalent to 4 months running costs. This will allow the Charity to cover operating costs for administration of the charity and day-to-day running costs; provide against redundancies/winding up costs if a substantial part of the charity is faced with financial loss; and to assist in maintaining cash flow.” — page 8
“During the year, the charity paid £5,736 (2023/24: £5,736) to Central Baptist Church for utilities and cleaning charges. The charity does not pay for use of church premises. The Church is connected to the charity but has no significant influence over the charity though some board members are also members of the Central Baptist Church, Leicester.” — page 15
Trustees
- ADRIAN OPPON
- Akua Sai
- Dr Abiodun Egbetokun
- Hannah Cobb
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £286k | £189k |
| 31/03/2024 | £205k | £200k |
| 31/03/2023 | £246k | £212k |
| 31/03/2022 | £152k | £132k |
| 31/03/2021 | £134k | £119k |
Common questions
Is THE CENTRE PROJECT LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income surplus of £75,989 for the year ended 31 March 2025, with total funds increasing to £275,243. Per the trustees' report, free reserves are equivalent to four months of running costs, which exceeds the stated policy target of three months. The charity is not dependent on any single funding source, having diversified its income through grants, donations, and a significant legacy receipt. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 17/11/2025 | £20k | Millionaire Street 2025 11w4 |
| The National Lottery Community Fund | 28/09/2023 | £10k | Freedom Youth Club |
| Barrow Cadbury Trust | 07/10/2020 | £11k | COVID-19 - The Centre Project |
| UK government | 03/07/2020 | £26k | Coronavirus Community Support Fund |