THE SOMERS TOWN COMMUNITY ASSOCIATION (CAMDEN)
To promote the benefit of the inhabitants of Somers Town, without distinction. Offering the local community opportunities for education, social welfare, recreation and leisure activities.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £20,337 for the year ended 31 March 2025, resulting in total funds decreasing from £796,977 to £776,640. Despite the deficit, the trustees confirm the charity has adequate resources to continue in operational existence and holds sufficient unrestricted reserves to meet its policy target of six months of planned expenditure. The charity is fully audited by Simpson Wreford LLP, which issued an unqualified opinion.
What the accounts disclose
“It has established a policy whereby the unrestricted funds not committed but held by the charity should be 6 months of the planned Centre and Governance expenditure.” — page 7
“The total employee benefit of the key management personnel for the year was £147,531 (2024: £178,103). The Management Committee have not received any remuneration and no travel or meeting expenses were reimbursed to trustees during the year (2024: Nil).”
Funders the charity credits
- BBC Children in Need
- Somers Town Big Local
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Darshan Sanghrajkachair
- Ganesh Chandrasekar
- James Jennings
- Rachel Johnson
- Sam Oates
- Suneet Harish Raniga
- Tania Jacobs
- Yahya Ahmed Shire
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £956k | £977k |
| 31/03/2024 | £1.0m | £856k |
| 31/03/2023 | £927k | £864k |
| 31/03/2022 | £739k | £762k |
| 31/03/2021 | £886k | £635k |
Common questions
Is THE SOMERS TOWN COMMUNITY ASSOCIATION (CAMDEN) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £20,337 for the year ended 31 March 2025, resulting in total funds decreasing from £796,977 to £776,640. Despite the deficit, the trustees confirm the charity has adequate resources to continue in operational existence and holds sufficient unrestricted reserves to meet its policy target of six months of planned expenditure. The charity is fully audited by Simpson Wreford LLP, which issued an unqualified opinion. Its FY2025 accounts were audited by Simpson Wreford LLP.
Who funds THE SOMERS TOWN COMMUNITY ASSOCIATION (CAMDEN)?
Funders whose own accounts filings name THE SOMERS TOWN COMMUNITY ASSOCIATION (CAMDEN) as a grant recipient include YOUNG CAMDEN FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| YOUNG CAMDEN FOUNDATION | FY2022 | £6k | Grants to institutions |
| YOUNG CAMDEN FOUNDATION | FY2023 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Camden Council | 21/02/2024 | £595k | Grant to Somers Town Community Association |
| London Borough of Camden | 21/02/2024 | £595k | Grant to Somers Town Community Association |
| The National Lottery Community Fund | 14/04/2022 | £10k | Young Female Personal Safety Champions |
| The National Lottery Community Fund | 04/10/2021 | £150k | Somers Town Climate Action Market |
| Camden Giving | 09/04/2020 | £6k | Somers Town Community Association |
| Camden Giving | 31/03/2020 | £58k | Somers Town Community Association |
| Camden Giving | 23/01/2019 | £80k | Somers Town Community Association |
| Camden Giving | 23/11/2017 | £60k | Somers Town Community Association |
| Camden Giving | 23/11/2017 | £79k | Somers Town Community Association |
| Greater London Authority | 09/10/2017 | £15k | Grant to Somers Town Community Association |
| Camden Giving | 22/09/2017 | £10k | The Somers Town Interview Lab |
| The National Lottery Community Fund | 03/11/2014 | £262k | Including Young Women |