RIDDINGS PARK COMMUNITY CENTRE
Provide general community social activities from the local community centreProvide Bar and Cafe for use by community and private bookings
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a deficit of £2,156.16, resulting in closing funds of £3,409.63. The trustees report that the organization is in a more stable financial position with a positive outlook, having stabilized finances from a perilous position in 2022. However, they acknowledge that overall costs increased at a higher rate than income, necessitating a reduction in staff.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Philip Rosechair
- Caroline Susan Gent
- Paul Matthews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £57k | £60k |
| 29/02/2024 | £50k | £50k |
| 28/02/2023 | £25k | £25k |
| 28/02/2022 | £24k | £17k |
| 28/02/2021 | £22k | £22k |
Common questions
Is RIDDINGS PARK COMMUNITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a deficit of £2,156.16, resulting in closing funds of £3,409.63. The trustees report that the organization is in a more stable financial position with a positive outlook, having stabilized finances from a perilous position in 2022. However, they acknowledge that overall costs increased at a higher rate than income, necessitating a reduction in staff. Its FY2025 accounts were independently examined.