PETERSFIELD COMMUNITY ASSOCIATION
To establish or secure the establishment of a community centre and to maintain ormanage or co-operate with any statutory authority in the maintenance andmanagement of such a centre for activities promoted by the charity in furtherance ofthe above objects.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a surplus of £2,049 and unrestricted reserves of £140,630, which the trustees consider sufficient to cover one year's administration and support costs plus a project pool. The charity maintains a strong financial position with significant invested reserves averaging over 4% interest, allowing it to continue delivering its primary charitable function for the foreseeable future.
What the accounts disclose
“unrestricted reserves should be sufficient: a. To cover one year’s administration, fund-raising and support costs; b. To provide a pool equal to 10% of the average charitable expenditure over the preceding years from which funds can be designated to specific projects.”
Property (HM Land Registry)
Register events
- Received assets from another charity (01/10/2019)
Trustees
- Michael William Parkchair
- Beryl Smith
- GARY MICHAEL BUTLER
- Nicholas Paul Spong
- Noel Thomson
- Robert Brown
- Vincent Choi
- Violet Agnes Park
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £79k | £77k |
| 31/03/2024 | £67k | £61k |
| 31/03/2023 | £65k | £86k |
| 31/03/2022 | £80k | £50k |
| 31/03/2021 | £46k | £43k |
Common questions
Is PETERSFIELD COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a surplus of £2,049 and unrestricted reserves of £140,630, which the trustees consider sufficient to cover one year's administration and support costs plus a project pool. The charity maintains a strong financial position with significant invested reserves averaging over 4% interest, allowing it to continue delivering its primary charitable function for the foreseeable future. Its FY2025 accounts were independently examined.