PEEL CENTRE CHARITABLE TRUST (CIO)

Registered charity 1182841 · accounts filings on the Charity Commission register · also known as PEEL CENTRE CHARITABLE TRUST

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

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£31k
Latest spending
£35k
Registered
2019
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: £5000 (held: £334k)
The trustees consider that the level of reserves required, excluding fixed assets to be £5000. — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity has a close relationship with The Dronfield Heritage Trust, an organisation responsible for maintaining, promoting and utilising an historic barn which is situated close to the Peel Centre.
There were no related party transactions for the year ended 31 December 2024. — page 14
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Derbyshire

Income and spending

Financial year endIncomeSpending
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.