EAST WORTHING COMMUNITY ASSOCIATION
The charity was set up originally for the benefit of the residents of East Worthing. This is still the case, and the Association actively manages the running of the East Worthing Community Centre.
Financial health, per its FY2025 accounts
The accounts state that the Centre produced a net surplus of £151.89 for the year, reversing a previous deficit, although the Treasurer notes this is disappointing as the Centre should be producing larger surpluses to maintain viability. The charity holds unrestricted reserves (General Reserve) of £157,490.53 and a Centre Reserve of £3,323.71, with investments valued at £128,368.26. The Treasurer highlights that the Centre is an ageing asset requiring ongoing maintenance and expresses concern that reserves have not met the target of building up sufficient funds for cyclical maintenance liabilities.
What the accounts disclose
“It is disappointing to note that this year, for the third year running, we have moved away from this target.”
Trustees
- IAN RICHARDSON Custodianchair
- ALAN HOWARD JONES
- Brigid Davis
- FRANCESCA BYRNE
- Helena Margaret Connolly
- RICHARD TUPPER
- Rev Gadalla Tiab
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £78k | £77k |
| 31/07/2024 | £71k | £75k |
| 31/07/2023 | £68k | £71k |
| 31/07/2022 | £63k | £58k |
| 31/07/2021 | £30k | £44k |
Common questions
Is EAST WORTHING COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the Centre produced a net surplus of £151.89 for the year, reversing a previous deficit, although the Treasurer notes this is disappointing as the Centre should be producing larger surpluses to maintain viability. The charity holds unrestricted reserves (General Reserve) of £157,490.53 and a Centre Reserve of £3,323.71, with investments valued at £128,368.26. The Treasurer highlights that the Centre is an ageing asset requiring ongoing maintenance and expresses concern that reserves have not met the target of building up sufficient funds for cyclical maintenance liabilities. Its FY2025 accounts were independently examined.