CLUB 707
Club 707 is a Christian organisation focused on helping young people grow their faith or learn more about the Christian faith. It's main focus is working with local schools to provide help delivering Christian educationally based presentations which support the school's PSE programmes along with pastoral care and literacy initiatives.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net decrease in funds of £6,882 for the year, driven by a lack of grants received compared to the previous year. The trustees highlight a dependency on external funding to bridge the gap between supporter income and costs, noting that reserves of £15,897 are maintained to cover short-term liabilities and statutory obligations. Per the trustees' report, renewed focus on building the supporter base is needed to ensure the charity can continue to deliver its vision.
What the accounts disclose
“Over 93% of expenditure relates to Staff Costs, represented by 1 full time Operations Manager and a part time (half a day per week) Welsh Language support co-ordinator.”
“Income from Regular Church-based (£7,445) and personal (£14,750) support is slightly up on the previous year (+£724 in total), whilst Irregular Donations were £1,492 this year compared to £2,794 in 2023.” — page 7
“We do not have a minimum cash reserves target but aim to act cautiously and maintain a cash balance that would enable the CIO to at least cover any short-term liabilities, satisfy its statutory requirements in terms of its employment obligations and ensure that it can make a responsible and managed exit from its projects, should funding cease.” — page 8
“Following the decision of the trustees in 2020 to make Alyson Godfrey a full-time paid employee, we have been regularly reviewing our cash position to ensure our reserves are strong enough to meet our ongoing obligations. Alyson, is also the Chair of Trustees and consequently, is excluded from participating in any trustee decisions pertaining to her employment, as we ensure adherence to the Charity Commission’s code of best practice.” — page 8
Trustees
- ALYSON JANE GODFREYchair
- MARGARET MEDLOW
- MARJORIE THOMAS
- PETER GRANVILLE TYLER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £28k | £35k |
| 31/12/2023 | £44k | £34k |
| 31/12/2022 | £29k | £34k |
| 31/12/2021 | £28k | £34k |
| 31/12/2020 | £57k | £43k |
Common questions
Is CLUB 707 financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net decrease in funds of £6,882 for the year, driven by a lack of grants received compared to the previous year. The trustees highlight a dependency on external funding to bridge the gap between supporter income and costs, noting that reserves of £15,897 are maintained to cover short-term liabilities and statutory obligations. Per the trustees' report, renewed focus on building the supporter base is needed to ensure the charity can continue to deliver its vision. Its FY2024 accounts were independently examined.
What does the highest-paid employee of CLUB 707 earn?
Per its FY2024 accounts, the highest-paid employee was in the unclear band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/05/2019 | £10k | Youth Literacy Support Programme |