DRUITT HALL COMMUNITY ASSOCIATION
To maintain and improve Druitt Hall for the benefit of residents, facilitating activities at the hall for recreation, health and fitness, education, leisure time occupation, community meetings, with the objective of improving the quality of life of the residents.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £30,721, exceeding the stated policy target of six months' operating costs. The charity relies solely on hall hire income to meet operating costs and faces ongoing uncertainty regarding its lease renewal, which has delayed significant building improvements and grant applications.
What the accounts disclose
“It remains the charity's policy to hold in reserve as a minimum, an amount equivalent to 6 months' operating costs.” — page 9
Funders the charity credits
- CADArts
Trustees
- Barbara Hembling
- Carolyn Jane Guest
- Christopher Roy Guest
- Emma-Louise Hembling-Yeates
- John David Pendrill
- Sara Stewart-Haddow
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £29k | £12k |
| 31/12/2023 | £33k | £53k |
| 31/12/2022 | £25k | £21k |
| 31/12/2021 | £24k | £13k |
| 31/12/2020 | £25k | £11k |
Common questions
Is DRUITT HALL COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £30,721, exceeding the stated policy target of six months' operating costs. The charity relies solely on hall hire income to meet operating costs and faces ongoing uncertainty regarding its lease renewal, which has delayed significant building improvements and grant applications. Its FY2024 accounts were independently examined.