CARRAMEA
Carramea provides office and meeting facilities for the voluntary sector delivering charitable services in Harrow and provides I.T. training for the public.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased from £5,985 to £5,330 due to a net outgoing of resources. The charity's reserves policy aims for 33% to 50% of expected running costs, but the actual unrestricted reserves of £5,330 are significantly below this target given the total incoming resources of £88,045. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Carramea will aim to establish a Reserve of between 33% and 50% of its expected running costs for the following year in order to ensure business continuity in the eventuality of reduction in funding from all sources.” — page 5
Trustees
- Fauzia Adnan
- Hemuna Pather-Carr
- OMAR EDRIS FAIZI
- Sangeetha Ragavan
- Sharon Dunbar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £88k | £89k |
| 31/03/2024 | £75k | £76k |
| 31/03/2023 | £68k | £64k |
| 31/03/2022 | £35k | £27k |
| 31/03/2021 | £17k | £17k |
Common questions
Is CARRAMEA financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased from £5,985 to £5,330 due to a net outgoing of resources. The charity's reserves policy aims for 33% to 50% of expected running costs, but the actual unrestricted reserves of £5,330 are significantly below this target given the total incoming resources of £88,045. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/08/2021 | £10k | Unemployed Workers Centre |