OAKLEY VALE COMMUNITY CENTRE
We manage the Oakley Vale Community Centre as a facitity for the benefit of the communities of Oakley Vale
Objects
TO FURTHER OR BENEFIT THE RESIDENTS OF THE BOROUGH OF CORBY AND THE NEIGHBOURHOOD, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS. IN FURTHERANCE OF THESE OBJECTS BUT NOT OTHERWISE, THE TRUSTEES SHALL HAVE POWER: TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN OR MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTS.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a loss of £1,383 for the year ended 31 March 2025, following a surplus in the previous year. Reserves stand at £61,035, which is below the Board's stated policy target of six months' operating costs. The trustees confirm that cash flow has remained positive and bills are paid promptly.
What the accounts disclose
“The Board's intent is to achieve a reserve of 6 months operating costs” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Trustees
- Peter Modenchair
- JUDY DOROTHY CAINE
- Julia Helen Martin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £47k | £49k |
| 31/03/2024 | £52k | £45k |
| 31/03/2023 | £54k | £46k |
| 31/03/2022 | £37k | £35k |
| 31/03/2021 | £35k | £30k |
Common questions
Is OAKLEY VALE COMMUNITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a loss of £1,383 for the year ended 31 March 2025, following a surplus in the previous year. Reserves stand at £61,035, which is below the Board's stated policy target of six months' operating costs. The trustees confirm that cash flow has remained positive and bills are paid promptly. Its FY2025 accounts were independently examined.