SOUTH WIMBLEDON COMMUNITY ASSOCIATION
To provide a facility promoting social well-being, catering predominantly for the local South Wimbledon community.We also have users from further afield. We provide rooms & other facilities at lower rates than most other local providers. We also provide limited direct services for members.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net loss of £7,773 for the year ended 31st December 2024, following a loss of £12,668 in the previous year. Unrestricted reserves decreased from £192,806 to £187,952, remaining below the trustees' stated policy target of at least £120,000. Despite the financial deficit, the trustees confirm that robust controls are in place and the charity is adequately resourced to continue its operations.
What the accounts disclose
“The Board of Trustees believe that the Charity needs Reserves of at least £120,000.” — page 3
Trustees
- Martin Thomas Lakechair
- Andrew Norman Harold Coles
- Harry Joseph Todd
- Ian Heppell
- James Thomas Congrave
- June Margaret Hayles
- MR Bert Kennedy
- MRS Philomena Kennedy
- Michael Arthur Brunt
- THANABALASINGAM RATNAVADIEVEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £77k | £85k |
| 31/12/2023 | £72k | £85k |
| 31/12/2022 | £77k | £69k |
| 31/12/2021 | £56k | £68k |
| 31/12/2020 | £61k | £78k |
Common questions
Is SOUTH WIMBLEDON COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net loss of £7,773 for the year ended 31st December 2024, following a loss of £12,668 in the previous year. Unrestricted reserves decreased from £192,806 to £187,952, remaining below the trustees' stated policy target of at least £120,000. Despite the financial deficit, the trustees confirm that robust controls are in place and the charity is adequately resourced to continue its operations. Its FY2024 accounts were independently examined.