GFS COMMUNITY ENTERPRISE
THE COMPANY OWNS AND MANAGES THE OLD FIRE STATION GIPTON WHICH IS HOME TO A NUMBER OF PRIMARILY THIRD SECTOR TENANTS INCLUDING CHARITIES AND SOCIAL ENTERPRISES. IN ADDITION, THERE IS A COMMUNITY CAFE OPEN FOR TENANTS, VISITORS AND THE GENERAL PUBLIC AND A RANGE OF MEETING ROOMS AVAILABLE FOR HIRE BY THE LOCAL COMMUNITY, CHARITIES AND BUSINESSES ON A GRADED HIRE RATE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £83,000 from restricted funds and an unrestricted surplus of £25,000, resulting in a total decrease in net assets of £58,000. Per the trustees' report, unrestricted free general reserves increased to £39,000, which is above the stated policy target range of £27,000 to £38,000. The charity maintains adequate resources for the foreseeable future with no material uncertainties disclosed.
What the accounts disclose
“This gives a target range of reserves of £27,000 to £38,000.” — page 5
“During the year, an amount of £23,456 (2024: £22,275) was payable to Leeds Community Foundation for finance and administration services, of which £nil (2024: £nil) was owed by GFS Community Enterprise to Leeds Community Foundation as at 31 March 2025. During the year, GFS Community Enterprise received Healthy Holidays grants totalling £19,554 (2024: £2,362) and a Flint Family grant of £9,517 (2024: £nil) from Leeds Community Foundation.” — page 22
Property (HM Land Registry)
Trustees
- Emily Jones
- Howard Metcalf
- Jane South
- Peter James Atkinson
- Philippa Goff
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £303k | £362k |
| 31/03/2024 | £280k | £352k |
| 31/03/2023 | £253k | £292k |
| 31/03/2022 | £243k | £291k |
| 31/03/2021 | £206k | £232k |
Common questions
Is GFS COMMUNITY ENTERPRISE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £83,000 from restricted funds and an unrestricted surplus of £25,000, resulting in a total decrease in net assets of £58,000. Per the trustees' report, unrestricted free general reserves increased to £39,000, which is above the stated policy target range of £27,000 to £38,000. The charity maintains adequate resources for the foreseeable future with no material uncertainties disclosed. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/07/2019 | £10k | SOLEL - Season Of Light East Leeds |