HAROLD WOOD NEIGHBOURHOOD CENTRE
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £36,145 for the year, resulting in a decrease in unrestricted fund balances from £113,746 to £77,601. Despite this deficit and upcoming challenges including historic rent arrears and major repairs, the trustees maintain that the financial position remains sound and resources are adequate for the foreseeable future.
What the accounts disclose
Trustees
- BEVERLY FLEET
- JANET Guvenc
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £107k | £130k |
| 31/03/2024 | £119k | £104k |
| 31/03/2023 | £126k | £162k |
| 31/03/2022 | £137k | £97k |
| 31/03/2021 | £76k | £109k |
Common questions
Is HAROLD WOOD NEIGHBOURHOOD CENTRE financially healthy?
The accounts state that the charity reported a net expenditure of £36,145 for the year, resulting in a decrease in unrestricted fund balances from £113,746 to £77,601. Despite this deficit and upcoming challenges including historic rent arrears and major repairs, the trustees maintain that the financial position remains sound and resources are adequate for the foreseeable future. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EAST END COMMUNITY FOUNDATION | 1 | £10k |