DMI COMMUNITY CENTRE
We are a community centre providing rooms for hire by groups and individuals within the local area
Financial health, per its FY2025 accounts
The accounts state that the charity's financial situation remains precarious due to rising running costs and an old building requiring high maintenance. However, the trustees express confidence in navigating these challenges by controlling costs and increasing earned income, noting that revenue from room hire and events has exceeded expectations. The charity remains committed to its operations despite external cost pressures.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Shane Hollingdrakechair
- ANNE SHERRIFF
- Christine Young
- GARETH JOHN DAVIES
- John Young
- Josephine MacDonald
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £78k | £64k |
| 31/03/2024 | £84k | £72k |
| 31/03/2023 | £39k | £42k |
| 31/03/2022 | £64k | £84k |
| 31/03/2021 | £57k | £38k |
Common questions
Is DMI COMMUNITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial situation remains precarious due to rising running costs and an old building requiring high maintenance. However, the trustees express confidence in navigating these challenges by controlling costs and increasing earned income, noting that revenue from room hire and events has exceeded expectations. The charity remains committed to its operations despite external cost pressures.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 07/05/2020 | £4k | COVID19 - Denholme Assist |
| The National Lottery Community Fund | 20/12/2018 | £110k | Community Centre |