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MEDINA VALLEY CENTRE LIMITED

Registered charity 236153 · accounts filings on the Charity Commission register · also known as CHRISTIAN SAILING CENTRE LIMITED, MEDINA VALLEY CENTRE

Medina Valley Centre is in the process of winding the charity up and distributing their assets in accordance with their Articles of Association

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · Recreation · website · Get email alerts

Latest income
£44k
Latest spending
£35k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a surplus of £9,374 in 2024, with total unrestricted funds increasing to £208,703. However, the trustees report that the site is mothballed pending a sale or takeover, and the charity relies on low-interest loans from supporters to meet day-to-day expenses.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Rental income
“The main income generating activity in the year has been the short term leasing of buildings while deciding the future of the charity.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The site has been 'mothballed' whilst awaiting either a takeover by another charity or the sale of the premises and closure of the charity.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Pension scheme deficit: £33k
“The trustees are aware that there is a shortfall within the scheme which the charity is currently paying towards, and while a liability of £32,659 is being reported in the accounts, the trustees do not have sufficient information to be able to confirm if this is a true representation of the actual liability that is payable by the charity.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£44k£35k
31/12/2023£43k£39k
31/12/2022£41k£37k
31/12/2021£28k£49k
31/12/2020£30k£51k

Common questions

Is MEDINA VALLEY CENTRE LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity generated a surplus of £9,374 in 2024, with total unrestricted funds increasing to £208,703. However, the trustees report that the site is mothballed pending a sale or takeover, and the charity relies on low-interest loans from supporters to meet day-to-day expenses. Its FY2024 accounts were independently examined.