FRIENDS OF DOWNE ACTIVITY CENTRE
An organisation focusing on raising the purchase price to purchase Downe Activity Centre.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a significant milestone with the purchase and reopening of Downe Activity Centre, resulting in a large increase in unrestricted funds to £931,177. However, the charity has taken on substantial long-term debt of £712,290 to finance the acquisition, leaving it with very low cash reserves of £3,130. The trustees acknowledge the challenges faced but remain optimistic about future sustainability through bookings and fundraising.
What the accounts disclose
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Angela Righelatochair
- Ann Hayes
- Gavin Jackman
- Jenny Eldred
- Thomas Dawkins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £993k | £135k |
| 31/03/2024 | £5k | £5k |
| 31/03/2023 | £6k | £2k |
| 31/03/2022 | £72k | £5k |
Common questions
Is FRIENDS OF DOWNE ACTIVITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a significant milestone with the purchase and reopening of Downe Activity Centre, resulting in a large increase in unrestricted funds to £931,177. However, the charity has taken on substantial long-term debt of £712,290 to finance the acquisition, leaving it with very low cash reserves of £3,130. The trustees acknowledge the challenges faced but remain optimistic about future sustainability through bookings and fundraising. Its FY2025 accounts were independently examined.
Who funds FRIENDS OF DOWNE ACTIVITY CENTRE?
Funders whose own accounts filings name FRIENDS OF DOWNE ACTIVITY CENTRE as a grant recipient include THE S M B TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE S M B TRUST | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/11/2021 | £9k | Establishment of a Community and Heritage Hub |