GOLDSMITHS COMMUNITY ASSOCIATION
Goldsmiths Community AssociationWorking with the community to provide facilities whichenhance leisure, recreation, health and educationopportunities for all.25 organisations and groups use the community centre and over 800 people attend the health services, classes, groups and clubs each week. We aim to provide something for everyone, from babies to older people, at affordable prices.
Objects
A) TO PROMOTE THE BENEFIT OF THE INHABITANTS OF DOWNHAM AND HITHER GREEN AND THE NEIGHBOURHOOD WITHOUT DISTICTION OF SEX OR OF POLITICAL, RELIGIOUS, RACE OR COLOUR OR OTHER OPINIONS BY ASSOCIATING THE LOCAL SUTHORITIES, VOLUNTARY ORGANISATIONS AND INHABITANTS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE-TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE SAID INHABITANTS. B) TO ESTABLISH OR TO SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN AND MANAGE OR TO CO-OPERATE WITH ANY LOCAL STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE ASSOCIATION AND ITS CONSTITUENT BODIES IN FURTHERANCE OF THE ABOVE OBJECTS.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a modest surplus of £3,531 for the year ended 31 March 2025, with total income of £157,792 against expenditure of £154,261. Per the trustees' report, total unrestricted reserves stood at £65,603, which is below the stated policy target of approximately £70,236 (six months of unrestricted expenditure). The trustees consider the financial position stable and cautiously positive, noting that the surplus contributes to rebuilding reserves.
What the accounts disclose
“With total unrestricted funds carried forward of £65,603, the charity is on course to achieve its target reserves policy in the next financial year”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Register events
- Received assets from another charity (20/07/2021)
- Received assets from another charity (13/06/2012)
Trustees
- SUSANNA EASTchair
- Cllr Mark Ingleby
- ISRAEL OYEBAMIJI
- Iris Till
- Jade Nembhard
- Natasha Clarkson
- Vallipuram Bala Subramanam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £158k | £154k |
| 31/03/2024 | £156k | £131k |
| 31/03/2023 | £148k | £161k |
| 31/03/2022 | £206k | £200k |
| 31/03/2021 | £148k | £161k |
Common questions
Is GOLDSMITHS COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a modest surplus of £3,531 for the year ended 31 March 2025, with total income of £157,792 against expenditure of £154,261. Per the trustees' report, total unrestricted reserves stood at £65,603, which is below the stated policy target of approximately £70,236 (six months of unrestricted expenditure). The trustees consider the financial position stable and cautiously positive, noting that the surplus contributes to rebuilding reserves. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 16/06/2023 | £412 | Goals for Goldsmiths |
| City Bridge Foundation | 26/05/2023 | £2k | Grant to Goldsmiths Community Association |
| The National Lottery Heritage Fund | 29/04/2009 | £6k | "70 years in North Downham (Story of London)" |