SYCAMORE HALLS COMMUNITY ASSOCIATION
Operation and management of the Sycamore Halls Community Centre in Winklebury, Basingstoke
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £17,591 for the year, resulting in unrestricted reserves of £20,626. The trustees report administrative difficulties with filing compliance and note that financial controls require significant improvement, though an action plan is in place. The charity aims to hold six months of running costs as its reserves policy target.
What the accounts disclose
“The charity aims to hold six months of running costs to cover the eventuality of winding up.” — page 2
“The charity has suffered administrative difficulties in maintaining compliance with filing requirements but now has appropriate support to introduce accounting systems policies and processes that will set it on a sound footing for the future” — page 2
“The financial controls of the Charity are in need of significant improvement. An action plan has been agreed with the Chair” — page 3
“The charity has suffered administrative difficulties in maintaining compliance with filing requirements but now has appropriate support to introduce accounting systems policies and processes that will set it on a sound footing for the future” — page 2
“The financial controls of the Charity are in need of significant improvement. An action plan has been agreed with the Chair” — page 3
Trustees
- Angela Freemanchair
- Diana Maria Clarke
- Martella Hayes
- Shirley Keer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £64k | £47k |
| 31/03/2024 | £54k | £55k |
| 31/03/2023 | £37k | £45k |
| 31/03/2022 | £39k | £38k |
| 31/03/2021 | £85k | £71k |
Common questions
Is SYCAMORE HALLS COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £17,591 for the year, resulting in unrestricted reserves of £20,626. The trustees report administrative difficulties with filing compliance and note that financial controls require significant improvement, though an action plan is in place. The charity aims to hold six months of running costs as its reserves policy target. Its FY2025 accounts were independently examined.