LOVE'S FARM COMMUNITY CENTRE CIO
Love's Farm Community Centre CIO will lease a newly-built community centre from Huntingdonshire District council and manage the centre.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a small surplus of £4,875 for the year ended 31 March 2025, with unrestricted reserves increasing to £45,020. However, the trustees report that the charity has drawn heavily on reserves in recent years due to increased costs and reduced income, describing the future as uncertain and facing difficult decisions. The trustees aim to maintain three months of average expenditure as an operating reserve target.
What the accounts disclose
“Operating reserves (3 months' average expenditure) - £22,000” — page 6
Trustees
- Emma Louise Wootton
- Mark Gordon Kipping
- Peter Clifton
- Sam Booker
- Sarita Mal
- Sian Hatt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £138k | £133k |
| 31/03/2024 | £121k | £126k |
| 31/03/2023 | £111k | £125k |
| 31/03/2022 | £110k | £115k |
| 31/03/2021 | £89k | £105k |
Common questions
Is LOVE'S FARM COMMUNITY CENTRE CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a small surplus of £4,875 for the year ended 31 March 2025, with unrestricted reserves increasing to £45,020. However, the trustees report that the charity has drawn heavily on reserves in recent years due to increased costs and reduced income, describing the future as uncertain and facing difficult decisions. The trustees aim to maintain three months of average expenditure as an operating reserve target. Its FY2025 accounts were independently examined.