BAGWORTH COMMUNITY CENTRE TRUST (2013) LIMITED
THE MANAGEMENT AND OPERATION OF BAGWORTH COMMUNITY CENTRE, LEICESTERSHIRE FOR THE BENEFIT THE LOCAL POPULATION AND SURROUNDING VILLAGES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income surplus of £1,888 for the year ended 31 March 2025, with unrestricted and designated funds totaling £6,258. The trustees confirmed that the general reserve is deemed sufficient to cover unexpected expenses and cash flow timings. The organization remains dependent on substantial contributions from the local Parish Council for overheads, which the trustees believe will continue in the foreseeable future.
What the accounts disclose
“The target for this fund within that period is 85000. General —the charity has acknowledged the fact that a general reserve should be held to cover unexpected expenses and cash flow timings. The general reserve is deemed sufficient to cover this risk.”
Corporate structure
- Registered company of the charity Companies House 08472555
Company officers (Companies House)
- CORRIGAN, Harold on trustee list
- AUSTIN, Robert not on trustee list
- MILES, Robert on trustee list
Trustees
- BOB AUSTIN
- Harold Corrigan
- ROBERT MILES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £47k | £43k |
| 31/03/2024 | £33k | £65k |
| 31/03/2023 | £35k | £39k |
| 31/03/2022 | £38k | £25k |
| 31/03/2021 | £24k | £18k |
Common questions
Is BAGWORTH COMMUNITY CENTRE TRUST (2013) LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income surplus of £1,888 for the year ended 31 March 2025, with unrestricted and designated funds totaling £6,258. The trustees confirmed that the general reserve is deemed sufficient to cover unexpected expenses and cash flow timings. The organization remains dependent on substantial contributions from the local Parish Council for overheads, which the trustees believe will continue in the foreseeable future. Its FY2025 accounts were independently examined.