ORE COMMUNITY ASSOCIATION
Ore Community Centre sits just off the main road in Ore Village. The centre has several rooms for hire both large and small. Over 100 groups currently use the centre providing activities and events covering ages from 0 to over 100.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £13,811, derived from an accumulated fund of £1,005,913 and a net profit of £7,898. The trustees report that the centre remains subsidised by the community centre as the café has not yet fully covered its share of overheads. The independent examiner noted that insufficient physical evidence was produced for the examination due to a lack of invoices and a missing bank statement.
What the accounts disclose
“Insufficient Physical evidence was produced to conduct an effective examination.” — page 9
“Insufficient Physical evidence was produced to conduct an effective examination. The missing items were invoices for labour from self employed people for services to the centre and a missing bank statement for the loan account.” — page 9
Property (HM Land Registry)
Register events
- Received assets from another charity (20/09/2016)
Trustees
- Joanne Walker
- LAWRENCE BALLARD
- LORD BRETT MCLEAN
- Mark Harvey
- Rebecca Draper
- Rebecca Loudon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £71k | £63k |
| 31/12/2023 | £56k | £51k |
| 31/12/2022 | £52k | £45k |
| 31/12/2021 | £47k | £37k |
| 31/12/2020 | £54k | £63k |
Common questions
Is ORE COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £13,811, derived from an accumulated fund of £1,005,913 and a net profit of £7,898. The trustees report that the centre remains subsidised by the community centre as the café has not yet fully covered its share of overheads. The independent examiner noted that insufficient physical evidence was produced for the examination due to a lack of invoices and a missing bank statement. Its FY2024 accounts were independently examined.