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PERIVALE COMMUNITY HIVE

Registered charity 1186587 · accounts filings on the Charity Commission register

Managing a Community Managed Library

Causes: Education/training · Recreation · website · Get email alerts

Latest income
£40k
Latest spending
£28k
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that Perivale Community Hive recorded a net surplus of £11,281 for the year ended 31 March 2025, maintaining a strong financial position despite rising operational costs. The charity holds £37,140 in reserves to safeguard against the planned incremental reduction of its main grant from the London Borough of Ealing, which is scheduled to decrease to £5,000 per year over the next four years. While there are no immediate concerns about continuing as a going concern, trustees acknowledge the risk associated with the eventual expiration of this core funding source in FY28/29.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: to safeguard operations in light of the planned reduction of the main London Borough of Ealing (LBE) grant, which will decrease incrementally over the next four years to £5,000 per year (held: £37k)
“The reserves policy is designed to safeguard operations in light of the planned reduction of the main London Borough of Ealing (LBE) grant, which will decrease incrementally over the next four years to £5,000 per year. Holding adequate reserves ensures stability, enables forward planning, and protects the charity against income fluctuations or unexpected expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“There are no immediate concerns regarding PCH’s ability to continue as a going concern. However, Trustees remain cautious, as the LBE grant that forms a significant part of PCH’s income is scheduled to reduce annually and will expire in FY28/29.”
Per its FY2025 accounts as filed with the Charity Commission.

Discloses 4 of 6 completeness components.

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Trustees · trustee networks

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

Operates in: Ealing

Income and spending

Financial year endIncomeSpending
31/03/2025£40k£28k
31/03/2024£26k£32k
31/03/2023£29k£10k
31/03/2022£20k£13k
31/03/2021£8k£2k

Common questions

Is PERIVALE COMMUNITY HIVE financially healthy?

Per its FY2025 accounts: The accounts state that Perivale Community Hive recorded a net surplus of £11,281 for the year ended 31 March 2025, maintaining a strong financial position despite rising operational costs. The charity holds £37,140 in reserves to safeguard against the planned incremental reduction of its main grant from the London Borough of Ealing, which is scheduled to decrease to £5,000 per year over the next four years. While there are no immediate concerns about continuing as a going concern, trustees acknowledge the risk associated with the eventual expiration of this core funding source in FY28/29.