HIGHAM HILL HUB CIO
Higham Hill Hub CIO hires out property and facilities at Higham Hill Hub, Higham Hill Park, Hecham Close, London E17 5AQ
Financial health, per its FY2024 accounts
The accounts state that the charity is financially strong with total funds carried forward of £81,285, comprising £31,884 in unrestricted funds and £49,401 in restricted funds. The trustees report that the charity is building up unrestricted reserves towards costs for a new building and unanticipated maintenance, noting that the main income fund was in robust shape. The independent examiner confirmed that no matters came to their attention requiring further understanding of the accounts.
What the accounts disclose
“The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.” — page 15
Trustees
- Clive Bernard Bower
- Lillian Alice Gerber
- Max Dewdney
- Rabina Nawaz
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £77k | £73k |
| 31/12/2023 | £121k | £79k |
| 31/12/2022 | £97k | £75k |
| 31/12/2021 | £48k | £78k |
Common questions
Is HIGHAM HILL HUB CIO financially healthy?
Per its FY2024 accounts: The accounts state that the charity is financially strong with total funds carried forward of £81,285, comprising £31,884 in unrestricted funds and £49,401 in restricted funds. The trustees report that the charity is building up unrestricted reserves towards costs for a new building and unanticipated maintenance, noting that the main income fund was in robust shape. The independent examiner confirmed that no matters came to their attention requiring further understanding of the accounts. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 28/06/2024 | £1k | Unrestricted Funding |
| Greater London Authority (GLA) | 11/04/2024 | £35k | Go! London Fund - BMX Ignite |
| Sport England | 15/11/2022 | £20k | Asset Transfer Support Broadfields Sports Ground (revenue) |