SHERWOOD COMMUNITY ASSOCIATION CIO
Community Cafe, Playgroup, Children's Dance, Children's Exercise, Adult Tap, Chair Zumba & Social, Yoga inc Pre and Postnatal, self help groups for people who stammer, Aphasia, Arthritis Care, AA, Bobbin Lace, Art Classes, Counselling for adults, Home Care, Education for adults with learning difficulties, Community Garden Group, NHS physio sessions, Space for meetings & training
Financial health, per its FY2025 accounts
The accounts state that the charity is in a stronger financial position with total income of £112,877 against total expenditure of £103,508, resulting in a surplus. The trustees report prudent financial management and note that sufficient reserves are held to ensure the safe running of the Centre for at least three months, with a target to increase this to six months.
What the accounts disclose
“Sufficient reserves are held in a charity investment savings account to ensure the safe running of the Centre for a period of at least 3 months, and to cover any redundancies, including pension contributions, should the need arise. Trustees are currently working toward increasing this reserve level to cover 6 months of core operating costs.” — page 5
“It is the policy of the charity to offer room rent at a reduced rates to affiliated groups. Jill Mee, as a Trustee, is a part of an affiliated group.” — page 10
“Sam Holland, who is the son of Tracey Holland, received £2,045 in wages.” — page 10
“It is the policy of the charity to offer room rent at a reduced rates to affiliated groups. Jill Mee, as a Trustee, is a part of an affiliated group.” — page 10
“Sam Holland, who is the son of Tracey Holland, received £2,045 in wages.” — page 10
Register events
- Received assets from another charity (27/04/2015)
Trustees
- JILL MEEchair
- Eva Codrington
- HANNAH MALHOTRA
- TRACEY HOLLAND
- VALERIE HUNTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £113k | £104k |
| 31/03/2024 | £103k | £100k |
| 31/03/2023 | £82k | £98k |
| 31/03/2022 | £60k | £66k |
| 31/03/2021 | £33k | £65k |
Common questions
Is SHERWOOD COMMUNITY ASSOCIATION CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity is in a stronger financial position with total income of £112,877 against total expenditure of £103,508, resulting in a surplus. The trustees report prudent financial management and note that sufficient reserves are held to ensure the safe running of the Centre for at least three months, with a target to increase this to six months. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/09/2005 | £34k | Provide a point of contact for the centre users&work with voluntary user gr |
| The National Lottery Community Fund | 13/08/2004 | £5k | Salary costs |