FOXHALL CENTRE
The Foxhall Centre is a centre providing day services for older people living in Ipswich and the surrounding area. It provides essential services which are greatly valued by its current members It provides a ground level day centre facility which includes facilities for a range of services to support older people and who live within the local community to remain independent as long as possible
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus on unrestricted funds of £6,470 for the year ended 31 March 2025, resulting in total unrestricted reserves of £180,443. Although the Chair noted that expenditure had exceeded income at times due to increased staff costs, the charity maintains sufficient financial reserves to continue operations unaffected. The trustees consider the charity’s financial position at the balance sheet date to be satisfactory.
What the accounts disclose
“a target figure of £60,000 based on a six month winding-down period should be set and maintained.”
Trustees
- IAN MEIGHchair
- Gordon Low
- Jana Burton
- Tracey Murrell
- Victoria Hosking
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £170k | £161k |
| 31/03/2024 | £162k | £172k |
| 31/03/2023 | £157k | £152k |
| 31/03/2022 | £125k | £135k |
| 31/03/2021 | £131k | £132k |
Common questions
Is FOXHALL CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus on unrestricted funds of £6,470 for the year ended 31 March 2025, resulting in total unrestricted reserves of £180,443. Although the Chair noted that expenditure had exceeded income at times due to increased staff costs, the charity maintains sufficient financial reserves to continue operations unaffected. The trustees consider the charity’s financial position at the balance sheet date to be satisfactory. Its FY2025 accounts were independently examined.