PARKWOOD COMMUNITY ASSOCIATION
PWCA is primariliy set up to provide Social Welfare & Education activities within the Parkwood Area. This includes a number of activities such as; Pre-School Nursery, Dancing Classes, Keep Fit, Slimming Classes and a number of internal groups (such as Camera, Organ, Radio enthusiasts groups).
Objects
TO PROMOTE THE BENEFIT OF THE INHABITANTS OF PARKWOOD AND THE NEIGHBOURHOOD WITHOUT DISTINCTION OF SEX OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING THE LOCAL AUTHORITIES, VOLUNTARY ORGANISATIONS AND INHABITANTS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE-TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE SAID INHABITANTS.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £(17,125) for the year ended 31 December 2024, resulting in total funds carried forward of £140,896. The trustees' report notes that it is essential to increase reserves to meet future expenditure and improve daily cash flow. The charity holds unrestricted funds of £83,890 and restricted funds of £57,006.
What the accounts disclose
“It is essential going forward that the new committee continue to give attention to increasing reserves to meet future expenditure and to improve the daily cash flow of the business.” — page 2
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Cherise Riches
- Ellie Shields
- Jane Shields
- Rosemary Parry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £366k | £410k |
| 31/12/2023 | £344k | £378k |
| 31/12/2022 | £426k | £368k |
| 31/12/2021 | £306k | £288k |
| 31/12/2020 | £230k | £245k |
Common questions
Is PARKWOOD COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of £(17,125) for the year ended 31 December 2024, resulting in total funds carried forward of £140,896. The trustees' report notes that it is essential to increase reserves to meet future expenditure and improve daily cash flow. The charity holds unrestricted funds of £83,890 and restricted funds of £57,006. Its FY2024 accounts were audited by Stephen Hill Partnership (Holdings) Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/02/2009 | £499k | Parkwood Community Centre building regeneration and refurbishment project |
| The National Lottery Community Fund | 26/11/2007 | £4k | Parkwood Community Centre building regeneration and refurbishment project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BLUESPARK FOUNDATION | 1 | — |
| THE NISBET TRUST | 1 | £400k |
| THE MEDLOCK CHARITABLE TRUST | 1 | £65k |
| THE SAINTBURY TRUST | 1 | £6k |
| C B AND H H TAYLOR 1984 TRUST | 1 | £6k |
| THE POPLE CHARITABLE TRUST | 1 | £6k |
| THE EDWARD AND DOROTHY CADBURY TRUST | 1 | £5k |
| THE RATCLIFF FOUNDATION | 1 | £5k |
Charities like this
- PARKWOOD CHRISTIAN FELLOWSHIP PRESCHOOL
- PARK VIEW 4U
- THE PARK COMMUNITY CENTRE LIMITED
- PARKSIDE COMMUNITY CENTRE
- PINEWOOD GYMNASTICS CLUB LIMITED
- WARLEY WOODS COMMUNITY TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PARKWOOD COMMUNITY ASSOCIATION | £366k | — | 0 | below | — | no doubt |
| PARKWOOD CHRISTIAN FELLOWSHIP PRESCHOOL | £275k | — | 0 | unclear | — | no doubt |
| PARK VIEW 4U | £180k | — | 0 | unclear | — | no doubt |
| THE PARK COMMUNITY CENTRE LIMITED | £1.3m | Under £60,000 | 0 | below | — | no doubt |
| PARKSIDE COMMUNITY CENTRE | £170k | — | 0 | above | — | no doubt |
| PINEWOOD GYMNASTICS CLUB LIMITED | £1.1m | — | 0 | above | — | no doubt |