NEW GENERATION COMMUNITY TRUST

Registered charity 1166307 · accounts filings on the Charity Commission register

We are a community library in the heart of Blackfen High Street and our vision is to have an "open door" for our community and be a home away from home that provides opportunities to access a great world of books in a comforting "third space". Our library space caters for individual population groups needing a place to belong plus a way to bring together different groups in our community.

Causes: General Charitable Purposes · Education/training · Economic/community Development/employment · Recreation · website · Get email alerts

Latest income

£236k

Latest spending

£266k

Registered

2016

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds increased to £259,900 at year-end, following a surplus of £65,323 for the period. The charity holds a strategic reserves policy targeting 10 to 15 percent of income, which is significantly below the actual unrestricted reserves held. The trustees confirm adequate resources exist to continue operations on a going concern basis.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 10 to 15 percent of income (held: £260k)

“The Trustees expect that a reserve of 10 to 15 percent of income should ideally be maintained for a contingency.” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

CHRISTOPHER REGAN
Clare Stevens
Funke Alade
JANE WRIGHT
JONATHAN WEST

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bexley · Bromley · Greenwich · Kent

Income and spending

Financial year end	Income	Spending
31/03/2025	£236k	£266k
31/03/2024	£322k	£225k
31/03/2023	£227k	£174k
31/03/2022	£229k	£136k
31/03/2021	£113k	£94k

Common questions

Is NEW GENERATION COMMUNITY TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted funds increased to £259,900 at year-end, following a surplus of £65,323 for the period. The charity holds a strategic reserves policy targeting 10 to 15 percent of income, which is significantly below the actual unrestricted reserves held. The trustees confirm adequate resources exist to continue operations on a going concern basis. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Community Fund	22/11/2021	£178k	Blackfen Community Hub
UK government	29/09/2020	£20k	Coronavirus Community Support Fund