CADDINGTON HEATHFIELD CENTRE
To further or benefit the residents of Caddington and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious, or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position is deemed satisfactory, with unrestricted reserves of £28,698 significantly exceeding the stated minimum policy target of £5,000. However, the trustees report uncertainty regarding the future use of the building, which is owned by Central Bedfordshire Council and may be sold or refurbished, potentially impacting the charity's ability to continue providing community facilities.
What the accounts disclose
“The desired minimum amount of reserves to cover these costs at the period end is £5,000.”
“Given the uncertainty regarding how long the Building may not be usable for Caddington Heathfield Centre and what costs may be incurred when no income is being generated, and if it becomes usable again whether there will be sufficient business to sustain it, the Trustees have attempted to increase Reserves much more than the desired minimum”
Trustees
- Robert William Fitzsimmonschair
- ANNETTE SUSAN MCGOVERN
- David Soper
- ELLEN RITA TIMS
- Jane Maureen Payton
- John Waller
- Kevin Blake
- Roy Charles Catford
- Sarah Fitzsimmons
- Susan Diment
- Wendy Marion Soper
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £30k | £17k |
| 31/03/2024 | £25k | £17k |
| 31/03/2023 | £16k | £15k |
Common questions
Is CADDINGTON HEATHFIELD CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position is deemed satisfactory, with unrestricted reserves of £28,698 significantly exceeding the stated minimum policy target of £5,000. However, the trustees report uncertainty regarding the future use of the building, which is owned by Central Bedfordshire Council and may be sold or refurbished, potentially impacting the charity's ability to continue providing community facilities. Its FY2025 accounts were independently examined.