THE THOMAS WALL CENTRE
Provision and maintenance of a community centre for the use of the inhabitants of the London Borough of Sutton
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased from £140,335 to £152,941, resulting in a net income of £12,221 for the year. The trustees' report indicates a reserves policy to hold three months' rental income, and the current unrestricted funds of £152,941 appear to exceed this target given the total incoming resources of £178,992. The charity operates as an unincorporated entity with no material uncertainties reported by the independent examiner.
What the accounts disclose
“Our reserves policy is to hold 3 month's rental in the account as we always have done.” — page 3
“Remuneration of £11,645 (2023 £10,660) was paid to one trustee. This is allowed under the governing document.” — page 9
Trustees
- Angela Dalley
- JOHN MILL
- Lewis Houston
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £179k | £167k |
| 31/12/2023 | £110k | £130k |
| 31/12/2022 | £161k | £136k |
| 31/12/2021 | £127k | £96k |
| 31/12/2020 | £62k | £87k |
Common questions
Is THE THOMAS WALL CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased from £140,335 to £152,941, resulting in a net income of £12,221 for the year. The trustees' report indicates a reserves policy to hold three months' rental income, and the current unrestricted funds of £152,941 appear to exceed this target given the total incoming resources of £178,992. The charity operates as an unincorporated entity with no material uncertainties reported by the independent examiner. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF NHS CHARITIES | 1 | £29k |
| JOHN JACKSON CHARITABLE TRUST | 1 | £700 |
Charities like this
- SUTTON CENTRE UNDER 5S PLAYGROUP
- COMMUNITY ACTION SUTTON
- SUTTON CHRISTIAN CENTRE TRUST
- THE WALTON CENTRE CHARITY
- MILTON COMMUNITY CENTRE AND RECREATION GROUNDS
- MA CENTRE UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE THOMAS WALL CENTRE | £179k | — | 0 | above | — | no doubt |
| SUTTON CENTRE UNDER 5S PLAYGROUP | £104k | — | 0 | unclear | — | no doubt |
| COMMUNITY ACTION SUTTON | £2.2m | — | — | unclear | — | no doubt |
| SUTTON CHRISTIAN CENTRE TRUST | £143k | — | 0 | unclear | — | no doubt |
| THE WALTON CENTRE CHARITY | £676k | £80,001 - £90,000 | 1 | above | — | no doubt |
| MILTON COMMUNITY CENTRE AND RECREATION GROUNDS | £136k | — | 0 | above | — | no doubt |