HAINWORTH WOOD COMMUNITY CENTRE
We are a local Community Centre run by volunteers for the residents of Keighley East. We bring the local community together to have fun, to learn and to connect.We run and host various activities including: luncheon club, conversation cafe, after school club, job club and healthy living and parenting courses.
Financial health, per its FY2025 accounts
The accounts state that free reserves of £40,115 exceed the trustees' upper policy target of £36,350, which is based on three to six months of running costs. The net movement in funds for the year was a decrease of £8,243, resulting in total fund balances of £66,772 at the year end. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“The trustees have agreed a reserves policy and have decided that they would look to maintain reserves which cover between three and six months running costs; which based on 2024/2025 expenditure equates to between £18,200 and £36,350.” — page 6
Trustees
- TAMARA PRIESTLEYchair
- Keith Davies
- Rana Begum
- Sajjad Sadiq
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £64k | £73k |
| 31/03/2024 | £76k | £67k |
| 31/03/2023 | £56k | £36k |
| 31/03/2022 | £41k | £30k |
| 31/03/2021 | £33k | £29k |
Common questions
Is HAINWORTH WOOD COMMUNITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that free reserves of £40,115 exceed the trustees' upper policy target of £36,350, which is based on three to six months of running costs. The net movement in funds for the year was a decrease of £8,243, resulting in total fund balances of £66,772 at the year end. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.