NEW MILTON AND DISTRICT COMMUNITY ASSOCIATION
ART, BRIDGE, CRAFTS, DISCUSSION GROUPS, LANGUAGES, POETRY, TABLE TENNIS, BOWLS, SCRABBLE, DANCING, LITERATURE, LUNCH CLUB
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating surplus of £30,727 for the year ended 31 December 2024, with total unrestricted funds increasing to £548,574. The trustees confirm that funds are sufficient to cover current costs for over a year without new income, indicating adequate liquidity. However, the trustees note that rising energy costs and an ageing building limit the ability to raise loans, necessitating reliance on reserves for major unforeseen costs.
What the accounts disclose
Trustees
- GORDON F DENSON
- STEPHEN POWELL
- WENDY S MAUND
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £131k | £100k |
| 31/12/2023 | £117k | £86k |
| 31/12/2022 | £102k | £90k |
| 31/12/2021 | £74k | £64k |
| 31/12/2020 | £59k | £120k |
Common questions
Is NEW MILTON AND DISTRICT COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an operating surplus of £30,727 for the year ended 31 December 2024, with total unrestricted funds increasing to £548,574. The trustees confirm that funds are sufficient to cover current costs for over a year without new income, indicating adequate liquidity. However, the trustees note that rising energy costs and an ageing building limit the ability to raise loans, necessitating reliance on reserves for major unforeseen costs. Its FY2024 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW MILTON AND DISTRICT COMMUNITY ASSOCIATION | £131k | — | 0 | unclear | — | no doubt |
| MILTON COMMUNITY CENTRE AND RECREATION GROUNDS | £136k | — | 0 | above | — | no doubt |
| MELTHAM SPORTS AND COMMUNITY GROUP LIMITED | £134k | — | 0 | above | — | no doubt |
| NORTH EAST MITCHAM COMMUNITY ASSOCIATION | £105k | — | 0 | unclear | — | no doubt |
| WHITELEY COMMUNITY ASSOCIATION | £103k | — | 0 | unclear | — | noted |
| NEWTON ABBOT AND DISTRICT RECREATIONAL TRUST LIMITED | £168k | — | 0 | unclear | — | no doubt |