ALL SAINTS COMMUNITY ASSOCIATION CIO
PROVIDE A CENTRAL POINT FOR PEOPLE TO MEET IN WEST SHIELDS AND PARTICIPATE IN ACTIVITIES THAT WILL INCREASE THEIR WELL BEING
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £32,873 for the year ended 31 March 2025, resulting in unrestricted funds decreasing to £25,098. Per the trustees' report, the charity's reserves policy is to maintain funds equivalent to three to six months' expenditure, but the current balance is below this target. The trustees note that energy price increases and attracting users to the centre were the main challenges during the period.
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 months’ expenditure.” — page 5
Trustees
- Colin Scudder
- Edna Nicholas Garbett
- Karl Jessen
- Philip Stokes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £57k | £90k |
| 31/03/2024 | £106k | £81k |
| 31/03/2023 | £52k | £69k |
| 31/03/2022 | £78k | £57k |
| 31/03/2021 | £57k | £46k |
Common questions
Is ALL SAINTS COMMUNITY ASSOCIATION CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £32,873 for the year ended 31 March 2025, resulting in unrestricted funds decreasing to £25,098. Per the trustees' report, the charity's reserves policy is to maintain funds equivalent to three to six months' expenditure, but the current balance is below this target. The trustees note that energy price increases and attracting users to the centre were the main challenges during the period. Its FY2025 accounts were independently examined.