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

ABINGTON AVENUE U R C

Registered charity 1146556 · accounts filings on the Charity Commission register

Latest income
£153k
Latest spending
£161k
Registered
2012
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net deficit of £19,542 for the year ended 31 December 2022, which adversely impacted free reserves. Despite this deficit, the trustees confirm that free reserves of £55,536 remain compliant with the stated policy of holding 3-6 months' ordinary expenditure. The trustees consider there to be no threat to the charity as a going concern, as reserves are sufficient to cover anticipated future deficits.

What the accounts disclose

Reserves policy: 3-6 months' ordinary expenditure (held: £56k)
“The charity's reserves policy is to hold free reserves sufficient to cover 3-6 months' ordinary expenditure.” — page 6
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Northamptonshire

Income and spending

Financial year endIncomeSpending
31/12/2024£153k£161k
31/12/2023£141k£150k
31/12/2022£128k£148k
31/12/2021£134k£147k
31/12/2020£141k£159k

Common questions

Is ABINGTON AVENUE U R C financially healthy?

The accounts state that the charity reported a net deficit of £19,542 for the year ended 31 December 2022, which adversely impacted free reserves. Despite this deficit, the trustees confirm that free reserves of £55,536 remain compliant with the stated policy of holding 3-6 months' ordinary expenditure. The trustees consider there to be no threat to the charity as a going concern, as reserves are sufficient to cover anticipated future deficits. Its FY2022 accounts were independently examined.

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