THORNTON VILLAGE COMMUNITY CENTRE
To further or benefit the residents of Thornton, Bradford, West Yorkshire and theneighbourhood, without distinction of sex, sexual orientation, race or of political,religious or other opinions by associating together the said residents and the localauthorities, voluntary and other organisations in a common effort to advanceeducation and to provide facilities in the interests social welfare
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net receipt of £9,830 for the year, with unrestricted funds increasing to £33,551. The trustees report that their reserves policy is to hold enough funds to meet six months' operating costs, estimating a need for just over £30,000, and note that current free reserves of £33,551 exceed this target. The charity remains reliant on annual council decisions for its largest income source but plans to increase self-sustainability through expanded use of the centre and new funding bids.
What the accounts disclose
“It should be noted that our 2 main sources of income are from Discovery Learning - which books our centre on an annual basis, and the money from Bradford council to support the work of the Library. The latter is our biggest income” — page 5
“Our policy is to hold enough funds to meet 6 months' operating costs, and we estimate we now need just over £30,000 in reserves in order to have sufficient funds for unexpected repairs.”
Trustees
- Frances Ruth Soames
- Gordon Payne
- Immanuel Peter McKenzie
- Sharon Bewes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £58k | £49k |
| 05/04/2024 | £50k | £76k |
| 05/04/2023 | £42k | £70k |
| 05/04/2022 | £79k | £43k |
| 05/04/2021 | £56k | £25k |
Common questions
Is THORNTON VILLAGE COMMUNITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net receipt of £9,830 for the year, with unrestricted funds increasing to £33,551. The trustees report that their reserves policy is to hold enough funds to meet six months' operating costs, estimating a need for just over £30,000, and note that current free reserves of £33,551 exceed this target. The charity remains reliant on annual council decisions for its largest income source but plans to increase self-sustainability through expanded use of the centre and new funding bids. Its FY2025 accounts were independently examined.