KINGSGROVE COMMUNITY HUB
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £1,415,083, representing a net movement in funds of £332,033 for the year. The trustees report that the charity has adequate resources to continue operating for the foreseeable future on a going concern basis. However, the reserves policy is not yet established, as the charity holds no long-term reserves until the construction phase nears completion.
What the accounts disclose
“During the year the charity received donations totalling £3,000 (2024: £15,030) from trustees, and £48,391 (2024: £35,287) from its parent charity OCC.” — page 11
“During the year the charity received donations totalling £3,000 (2024: £15,030) from trustees, and £48,391 (2024: £35,287) from its parent charity OCC.” — page 11
“During the year the charity received donations totalling £3,000 (2024: £15,030) from trustees, and £48,391 (2024: £35,287) from its parent charity OCC.” — page 11
“During the year the charity received donations totalling £3,000 (2024: £15,030) from trustees, and £48,391 (2024: £35,287) from its parent charity OCC.” — page 11
Corporate structure
- Registered company of the charity Companies House 14290081
Company officers (Companies House)
- ARMOUR, Kenneth John on trustee list
- HARBOUR, Daniel Charles on trustee list
- TOWNSEND, Neil William on trustee list
- WHITE, Eileen Jane on trustee list
Structured financials (annual return, FY ending 31/08/2024)
Trustees
- Daniel Charles Harbour
- Dr Kenneth John Armour
- Dr Neil William Townsend
- Eileen Jane White
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £394k | £62k |
| 31/08/2024 | £1.1m | £34k |
| 31/08/2023 | £76k | £36k |
Common questions
Is KINGSGROVE COMMUNITY HUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £1,415,083, representing a net movement in funds of £332,033 for the year. The trustees report that the charity has adequate resources to continue operating for the foreseeable future on a going concern basis. However, the reserves policy is not yet established, as the charity holds no long-term reserves until the construction phase nears completion. Its FY2025 accounts were independently examined.