FORESTDALE RESIDENTS ASSOCIATION
Provision of a Community Centre for the benefit of the people of Forestdale.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £4,366 were maintained at the end of the year, which the trustees consider sufficient to meet their policy target of three to six months' expenditure. The charity reported a net surplus of £1,952 for the year, funded primarily by trading activities, and the trustees confirmed adequate resources for going concern purposes.
What the accounts disclose
“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 expenditures.” — page 4
Trustees
- Adrian Robert Douglas
- Chris Tymon
- David Haworth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £335k | £333k |
| 31/03/2024 | £337k | £324k |
| 31/03/2023 | £281k | £281k |
| 31/03/2022 | £237k | £254k |
| 31/03/2021 | £110k | £164k |
Common questions
Is FORESTDALE RESIDENTS ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £4,366 were maintained at the end of the year, which the trustees consider sufficient to meet their policy target of three to six months' expenditure. The charity reported a net surplus of £1,952 for the year, funded primarily by trading activities, and the trustees confirmed adequate resources for going concern purposes. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WEST OF ENGLAND RURAL NETWORK | 1 | £7k |
Charities like this
- FOREST COMMUNITY CENTRE (MELKSHAM)
- AFGHAN EKTA CULTURAL/RELIGIOUS COMMUNITY CENTRE
- RENEWAL CHURCH
- RIDGEWOOD COMMUNITY ASSOCIATION
- SCAITCLIFFE COMMUNITY CENTRE
- THE KEMPSTON COMMUNITY ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FORESTDALE RESIDENTS ASSOCIATION | £335k | — | 0 | above | — | no doubt |
| FOREST COMMUNITY CENTRE (MELKSHAM) | £128k | — | 0 | unclear | — | no doubt |
| AFGHAN EKTA CULTURAL/RELIGIOUS COMMUNITY CENTRE | £1.4m | — | 0 | unclear | — | no doubt |
| RENEWAL CHURCH | £1.8m | £70,001 - £80,000 | 2 | unclear | — | no doubt |
| RIDGEWOOD COMMUNITY ASSOCIATION | £240k | — | 0 | unclear | — | no doubt |
| SCAITCLIFFE COMMUNITY CENTRE | £108k | — | 0 | unclear | — | no doubt |