MOORDOWN COMMUNITY ASSOCIATION
The Centre is seen as somewhere local people of all ages and capabilities can pursue leisure and recreational pastimes as well as offering the kind of environment where they can learn new skills.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £3,490 for the year, resulting in a decrease in total fund balances from £62,408 to £58,918. The trustees maintain that unrestricted reserves are held at a level equivalent to three to six months of expenditure to mitigate risks from potential drops in funding. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially non-compliant.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
“The charity pays a peppercorn rent to the Council for the premises. As this amount is not material to the financial statements, no separate disclosure of the operating lease has been made.” — page 22
Register events
- Received assets from another charity (24/10/2019)
Trustees
- Greg Rawlings
- IAN JOHN MARTIN
- Kate Salmon
- Susan Petrina Wilkinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £126k | £130k |
| 31/12/2023 | £97k | £131k |
| 31/12/2022 | £123k | £200k |
| 31/12/2021 | £110k | £96k |
| 31/12/2020 | £110k | £96k |
Common questions
Is MOORDOWN COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £3,490 for the year, resulting in a decrease in total fund balances from £62,408 to £58,918. The trustees maintain that unrestricted reserves are held at a level equivalent to three to six months of expenditure to mitigate risks from potential drops in funding. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially non-compliant. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 17/07/2020 | £24k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 26/04/2006 | £5k | CCT/Mosquito-Anti Social Behaviour |
| The National Lottery Community Fund | 06/01/2005 | £2k | short mat bowls club |