WHIPTON COMMUNITY ASSOCIATION
Advancing education and social welfare through providing and managing a community centre for recreation and leisure time occupation with the object of primarily benefitting the inhabitants of Whipton, Exeter, and those individuals accessing the clubs, groups and utilising the centre as a venue. At present, regular groups using the hall include music, art and social clubs, groups supporting needs.
Financial health, per its FY2024 accounts
The accounts state that the charity holds approximately £26,797 in savings and £7,677 in investments, with a stated policy to maintain reserves for at least three months of operating costs. However, the trustees highlight financial sustainability risks due to dependence on a small number of regular hirers and rising utility costs.
What the accounts disclose
“Regular hires remained the backbone of operations, with around 10 groups contributing approximately £10,000 per year.” — page 2
“The trustees aim to maintain reserves su icient to meet at least three months of operating costs while holding designated funds for major refurbishments.” — page 2
“The hall relies on maintaining 7–10 regular hirers to cover ongoing running costs and build reserves for future projects.”
Trustees
- Charlotte Dalvi
- Emma Spiller
- Mark Bodell
- Tom Howourth
- Wendy Bodell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £41k | £25k |
| 31/10/2023 | £52k | £46k |
| 31/10/2022 | £25k | £28k |
| 31/10/2021 | £19k | £23k |
| 31/10/2020 | £14k | £13k |
Common questions
Is WHIPTON COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds approximately £26,797 in savings and £7,677 in investments, with a stated policy to maintain reserves for at least three months of operating costs. However, the trustees highlight financial sustainability risks due to dependence on a small number of regular hirers and rising utility costs. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/10/2022 | £10k | Saving energy at Whipton Community Hall |