Charity Accounts Intelreading the accounts so you don’t have to

ABBEY WARD COMMUNITY ASSOCIATION

Registered charity 1143346 · accounts filings on the Charity Commission register

Abbey Community Association provide classes for pre school and have church groups muslim prayer and many community activities.

Causes: General Charitable Purposes · Religious Activities · Arts/culture/heritage/science · Amateur Sport · Get email alerts

Latest income
£56k
Latest spending
£48k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that net incoming resources for the year were £8,024, resulting in total unrestricted funds of £26,154 at the end of the period. The trustees maintain a reserves policy to hold approximately six months of unrestricted expenditure, and the current unrestricted funds of £26,154 are reported as being maintained at this level. The charity confirms it has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: approximately six months unrestricted expenditure (held: £26k)
“It is the policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity, at a level which at least equates to approximately six months unrestricted expenditure.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered titlein England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Barking And Dagenham

Income and spending

Financial year endIncomeSpending
31/12/2024£56k£48k
31/12/2023£38k£36k
31/12/2022£47k£53k
31/12/2021£54k£49k
31/12/2020£41k£40k

Common questions

Is ABBEY WARD COMMUNITY ASSOCIATION financially healthy?

Per its FY2024 accounts: The accounts state that net incoming resources for the year were £8,024, resulting in total unrestricted funds of £26,154 at the end of the period. The trustees maintain a reserves policy to hold approximately six months of unrestricted expenditure, and the current unrestricted funds of £26,154 are reported as being maintained at this level. The charity confirms it has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.