THE EPSOM WELLS COMMUNITY ASSOCIATION
Our aim is to reopen The Wells Community Centre. The centre will be available to the community for hire purposes. We also aim to run classes that fulfil our values of education, wellbeing, environment and community.
Financial health, per its FY2024 accounts
The accounts state that total incoming resources were £40,253 against charitable expenditure of £25,979, resulting in a net income of £14,274. The charity holds total net assets of £33,703, with a reserves policy aimed at keeping reserves to a minimum to ensure income is distributed. The trustees confirm that cash flow projections indicate the charity can meet its commitments for the foreseeable future.
What the accounts disclose
“To achieve this the Trustees, aim to keep reserves to a minimum in order to ensure that most of the income generated is distributed” — page 4
Property (HM Land Registry)
Trustees
- Barry Murtonchair
- Anita Bernadette Radley
- Claire Thrower
- David Michael Rudland
- Debra Leigh Sparham
- Jacqueline Hancock
- Jason Marchant
- Rebecca January Blackman
- Sue Miller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £40k | £26k |
| 31/12/2023 | £39k | £31k |
| 31/12/2022 | £12k | £1k |
Common questions
Is THE EPSOM WELLS COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that total incoming resources were £40,253 against charitable expenditure of £25,979, resulting in a net income of £14,274. The charity holds total net assets of £33,703, with a reserves policy aimed at keeping reserves to a minimum to ensure income is distributed. The trustees confirm that cash flow projections indicate the charity can meet its commitments for the foreseeable future. Its FY2024 accounts were independently examined.