HANWORTH COMMUNITY ASSOCIATION
Pre School, Parent & Toddler, Youth Club,Brownies, Guides, Dance classes, Fund Raising. Bookings for function events.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £4,352, which is below the trustees' stated policy target of maintaining reserves equivalent to three to six months of expenditure. The charity reported a net income surplus of £3,358 for the year, driven largely by restricted grant income, while unrestricted funds covered a deficit in their own activities.
What the accounts disclose
“None of the trustees (or any persons connected with them) received any remuneration or benefits from the association during the year.” — page 15
“It is the policy of the association that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Trustees
- Martin Davis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £177k | £174k |
| 31/12/2023 | £173k | £183k |
| 31/12/2022 | £163k | £161k |
| 31/12/2021 | £157k | £132k |
| 31/12/2020 | £30k | £26k |
Common questions
Is HANWORTH COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves were £4,352, which is below the trustees' stated policy target of maintaining reserves equivalent to three to six months of expenditure. The charity reported a net income surplus of £3,358 for the year, driven largely by restricted grant income, while unrestricted funds covered a deficit in their own activities. Its FY2024 accounts were independently examined.