EVERGREEN COLLECTIVE
Educational classes for young people and adults.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £10,003 at year-end, which the trustees consider a sound financial foundation despite being below their stated policy target of two to six months of operational expenditure. The charity secured a significant long-term lease for £200,764, utilizing a substantial portion of its reserves, and remains dependent on grants and fundraising to support its activities and rebuild reserves.
What the accounts disclose
“The charity's main source of income this year was funding/grants which supported the projects and services the charity provided this year.”
“As a result, the charity’s reserves position differs from that of the previous year; however, the trustees remain committed to rebuilding reserves in line with the established benchmark of two to six months of operational expenditure.”
Property (HM Land Registry)
Trustees
- Misba Khanchair
- Dr Ismaa Aslam
- Dr Shehla Imtiaz-Umer
- Nayer Raj
- Sophina Quayum
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £30k | £18k |
| 31/12/2023 | £101k | £63k |
| 31/12/2022 | £80k | £48k |
| 31/12/2021 | £67k | £39k |
| 31/12/2020 | £60k | £41k |
Common questions
Is EVERGREEN COLLECTIVE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves were £10,003 at year-end, which the trustees consider a sound financial foundation despite being below their stated policy target of two to six months of operational expenditure. The charity secured a significant long-term lease for £200,764, utilizing a substantial portion of its reserves, and remains dependent on grants and fundraising to support its activities and rebuild reserves. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 24/03/2025 | £15k | Madeley Centre - Revive and Thrive! |
| UK government | 24/03/2025 | £15k | Madeley Centre - Revive and Thrive! |