ST. NICHOLAS COMMUNITY ASSOCIATION
To promote the benefit of the inhabitants of the area of benefit without distinction of sex, sexual orientation, age, disability, nationality, race or of political, religious or other opinions, by associating together the said inhabitants and the statutory authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests.
Financial health, per its FY2025 accounts
The accounts state that the charity held cash funds of £48,942 at the year end, resulting in a net surplus of £11,229 for the period. The trustees report that they maintain a reserves policy to build up cash levels providing three months of income to meet unexpected expenditures. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or statutory requirements.
What the accounts disclose
“which would provide the Association with three months income, if all other sources of income dried up.” — page 5
Register events
- Received assets from another charity (04/06/2020)
Trustees
- Caroline Wood
- Christabbel Cofie
- Claire Parris
- Faiza Spittles
- Leonie Awiah
- Rev KOJO WOOD
- SEGUN ADEYEMI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £86k | £74k |
| 31/03/2024 | £72k | £71k |
| 31/03/2023 | £51k | £60k |
| 31/03/2022 | £77k | £64k |
| 31/03/2021 | £38k | £54k |
Common questions
Is ST. NICHOLAS COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held cash funds of £48,942 at the year end, resulting in a net surplus of £11,229 for the period. The trustees report that they maintain a reserves policy to build up cash levels providing three months of income to meet unexpected expenditures. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or statutory requirements. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 10/09/2021 | £10k | Stevenage Community Garden Renewal |