THE WOODFIELD PROJECT
THE WOODFIELD PROJECTS ACTIVITIES ARE TO:(1) RUN THE PAVILION AS A COMMUNITY HUB FOR SCHOOLS AND LOCAL GROUPS; (2) PROVIDE A SAFE GREEN SPACE FOR LEARNING, RECREATION, LEISURE, AND SOCIAL INCLUSION; (3) PROMOTE THE CONSERVATION OF THE NATURAL ENVIRONMENT; AND (4) PROVIDE HORTICULTURAL TRAINING FOR LOCAL PEOPLE TO INCREASE THEIR EMPLOYMENT PROSPECTS.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a surplus of £9,155 and total unrestricted reserves of £113,114, representing 90% of total funds. The trustees confirm the charity is on a sustainable footing, covering all operating costs from generated income, and have no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees continually monitor the level of reserves that The Woodfield Project should hold. Reserves are needed for periods when our income does not cover our expenditure, for example to cover (1) for any unplanned repairs or expenditure, or (2) for unexpectedly low levels of income that may occur due to any economic instability e.g increased inflation.” — page 11
“As part of the ASHP project £402 Professional fees were paid totalling £360 to Wandsworth Borough Council for the granting of Landlord permission, and £42 to Mark Bery for the purchase of a Project Contract Template. The balance of the Professional fees £400 were for facilitation services provided at a Trustees’ strategic planning day. Total Professional fees 2024 £802 (2023: £600) . There were no other related party transactions in 2024 (2023: nil). There was a transfer of £4427, from Restricted to Unrestricted funds, for partial prepayment of the ASHP, the total value of which is shown in table 9.” — page 12
Property (HM Land Registry)
Trustees
- Barbara Anne Jennings
- Christopher Romanis Fowler
- Elizabeth Marion Steer
- Joanne Elizabeth Fiskerson
- Karen Hall
- Kirsten Botting
- Matthew Hamlyn CBE
- Pauline Mary Robson
- Peter Ward
- Susan Jane Sheehan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £87k | £76k |
| 31/12/2024 | £87k | £78k |
| 31/12/2023 | £98k | £73k |
| 31/12/2022 | £79k | £69k |
| 31/12/2021 | £38k | £44k |
Common questions
Is THE WOODFIELD PROJECT financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a surplus of £9,155 and total unrestricted reserves of £113,114, representing 90% of total funds. The trustees confirm the charity is on a sustainable footing, covering all operating costs from generated income, and have no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.