LIFTON COMMUNITY CENTRE LIMITED
Raising funds to add solar panels to Lifton Community Centre and to add a third meeting room.Also hiring the hall out to clubs, organisations and parties for a variety of activities to serve the village of Lifton and the surrounding area
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £4,787 for the year, resulting in a decrease in total funds from £957,020 to £952,233. Free reserves decreased to £18,030, which remains above the stated minimum policy target of £10,000. The trustees confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“General operating reserves are set at a minimum of £10,000 and considerations are taken for specific project or legal and compliance reserves.” — page 3
Property (HM Land Registry)
Register events
- Received assets from another charity (17/10/2012)
Trustees
- JOHN NELSON DYKE
- LAVINIA GAY MARSHALL
- Lana Maxine Alexander
- ROGER BRUCE CHEVES
- TERENCE LEWIS
- WILLIAM BURNS GLEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £39k | £44k |
| 31/05/2024 | £26k | £37k |
| 31/05/2023 | £27k | £27k |
| 31/05/2022 | £25k | £11k |
| 31/05/2021 | £15k | £29k |
Common questions
Is LIFTON COMMUNITY CENTRE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £4,787 for the year, resulting in a decrease in total funds from £957,020 to £952,233. Free reserves decreased to £18,030, which remains above the stated minimum policy target of £10,000. The trustees confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/05/2015 | £572k | Lifton Community Centre - Building a Community |
| The National Lottery Community Fund | 09/07/2014 | £20k | Lifton Community Centre - Building a Community |