THE OVAL (STEVENAGE) COMMUNITY ASSOCIATION
We run a Community Centre. Within the centre we accomodate a Children's Centre and a Pre-school. We hire rooms out to many groups such as Dog Training, Girl Guides, Friendship Group, various dancing classes, toddler group, baby clinic, Zumba, Tai chi etc. We also put on regular events for the local community. We are sympathetic to charitable organisations wanting to use our centre.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small surplus of £1,926 for the year ended 31 March 2025, marking the first surplus since the pandemic. The trustees note that staff wages account for approximately 70% of annual expenditure, creating pressure on resources and limiting investment in repairs and renewals. Unrestricted reserves stood at £114,196, which the trustees describe as amounting to some 14 months of income at the current rate.
What the accounts disclose
“Activities for generating funds 87,800” — page 24
“The level of unrestricted reserves held at the end of the 2024/2025 financial year was £114,196 which amounts fo some 14 months income at the 2024/2025 rate.” — page 12
Trustees
- JEANETTE AUDREY THOMAS
- PAUL LAURENCE BOIELLE
- Rev Pete Orton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £95k | £94k |
| 31/03/2024 | £76k | £87k |
| 31/03/2023 | £70k | £90k |
| 31/03/2022 | £94k | £69k |
| 31/03/2021 | £96k | £72k |
Common questions
Is THE OVAL (STEVENAGE) COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a small surplus of £1,926 for the year ended 31 March 2025, marking the first surplus since the pandemic. The trustees note that staff wages account for approximately 70% of annual expenditure, creating pressure on resources and limiting investment in repairs and renewals. Unrestricted reserves stood at £114,196, which the trustees describe as amounting to some 14 months of income at the current rate. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 30/09/2015 | £10k | A4A - Operation Oval Fitout |