PEEL CENTRE CHARITABLE TRUST (CIO)
Manage and maintain The Peel Centre building in Dronfield to benefit the residents of Dronfield and neighbourhood and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £334,180, which is significantly above the trustees' stated policy target of £5,000. The charity reported a net movement in funds of £55,931 for the year, driven largely by a £60,000 revaluation gain on fixed assets, resulting in a strong financial position with no material uncertainties noted.
What the accounts disclose
“The trustees consider that the level of reserves required, excluding fixed assets to be £5000.” — page 3
“There were no related party transactions for the year ended 31 December 2024.” — page 14
Property (HM Land Registry)
Trustees
- DENISE SMILLIEchair
- Brian George Simpson
- Jan Marie Ward J M
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £31k | £35k |
| 31/12/2023 | £28k | £33k |
| 31/12/2022 | £22k | £47k |
| 31/12/2021 | £30k | £23k |
| 31/12/2020 | £18k | £20k |
Common questions
Is PEEL CENTRE CHARITABLE TRUST (CIO) financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £334,180, which is significantly above the trustees' stated policy target of £5,000. The charity reported a net movement in funds of £55,931 for the year, driven largely by a £60,000 revaluation gain on fixed assets, resulting in a strong financial position with no material uncertainties noted. Its FY2024 accounts were independently examined.