Charity Accounts Intelreading the accounts so you don’t have to

PARKSIDE COMMUNITY CENTRE

Registered charity 303184 · accounts filings on the Charity Commission register

To advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the inhabitants of the local neighbourhood.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Amateur Sport · Economic/community Development/employment · website · Get email alerts

Latest income
£170k
Latest spending
£154k
Registered
1967
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated income of £169,957 and expended £153,755, resulting in a net incoming resource of £16,202. Per the trustees' report, the charity holds unrestricted reserves of £158,024, which exceeds its stated policy target of holding no less than fifty percent of annual running costs in usable reserves.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: no less than fifty percent of the Association's annual running costs (held: £158k)
“The committee consider that there should be a reserve policy that provides for no less than fifty percent of the Association's annual running costs to be held in usable reserves at any one time.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Essex · Redbridge

Income and spending

Financial year endIncomeSpending
31/03/2025£170k£154k
31/03/2024£156k£134k
31/03/2023£176k£145k
31/12/2021£165k£96k
31/12/2020£168k£202k

Common questions

Is PARKSIDE COMMUNITY CENTRE financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated income of £169,957 and expended £153,755, resulting in a net incoming resource of £16,202. Per the trustees' report, the charity holds unrestricted reserves of £158,024, which exceeds its stated policy target of holding no less than fifty percent of annual running costs in usable reserves. Its FY2025 accounts were independently examined.