FRINTON-ON-SEA COMMUNITY ASSOCIATION

Registered charity 274134 · accounts filings on the Charity Commission register · also known as FRINTON COMMUNITY ASSOCIATION, FRINTON COMMUNITY ASSOCIATION PRE-SCHOOL GROUP

The activities to the charity are: Providing and managing a Community Centre within the Tendring District

Causes: Education/training · Arts/culture/heritage/science · Amateur Sport · website · Get email alerts

Latest income
£169k
Latest spending
£179k
Registered
1977
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves of £217,981 exceed the trustees' stated policy target of £50,000, representing approximately four months of budgeted expenditure. The charity reported a net deficit for the year, with total income of £169,289 falling short of total expenditure of £178,671. The trustees confirm the organization is prepared to continue operations for the foreseeable future.

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

What the accounts disclose

Reserves policy: three to six months of expenditure, with a specific target of £50,000 (held: £218k)
The management committee has examined the Association’s requirements for reserves in light of the main risks to the Association. It has established a policy whereby the unrestricted funds not comumitted or invested in tangible fixed assets held by the Association should be between three and six months of the expenditure. Budgeted expenditure for 2025 is £170,000 (2024: £150,000) and therefore the existing target for the reserves of £50,000 (2023: £50,000) in general funds is considered to remain adequate. — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation from subsidiary
During the period, Frinton Community Services Limited (FCS), donated £nil (2023: £12,162) to the Association from whose premises it runs the community bar. No conditions are attached to these donations. During the period, the Association also received £Nil in service charges from FCS (2023: £18,000). At the end of the period, the Association was owed by the company £12,523 (2023: £15,958). £9,912 of this balance is receivable over a course of 4 years in monthly instalments of £250. The remainder of the balance is unsecured and no conditions are attached. — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Frinton Community Services Limited
The Association owns all the issued share capital of a trading company incorporated in the UK. (Frinton Community Services Limited - Registration number 2551086). — page 10
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Register events

Trustees · trustee networks

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

Operates in: Essex

Income and spending

Financial year endIncomeSpending
31/12/2024£169k£179k
31/12/2023£163k£178k
31/12/2022£146k£108k
31/12/2021£92k£108k
31/12/2020£74k£91k

Common questions

Is FRINTON-ON-SEA COMMUNITY ASSOCIATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves of £217,981 exceed the trustees' stated policy target of £50,000, representing approximately four months of budgeted expenditure. The charity reported a net deficit for the year, with total income of £169,289 falling short of total expenditure of £178,671. The trustees confirm the organization is prepared to continue operations for the foreseeable future. Its FY2024 accounts were independently examined.