THE TOWCESTER COMMUNITY CENTRE TRUST
The charity provides a venue for social and recreational activities for the well being of the inhabitants of our town.
Objects
TO IMPROVE THE CONDITIONS OF LIFE FOR THE INHABITANTS OF THE AREA OF BENEFIT WITHOUT DISTINCTION OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY THE PROVISION AND MAINTENANCE OF A COMMUNITY CENTRE FOR USE BY THE INHABITANTS, INCLUDING USE FOR: A) MEETINGS, LECTURES AND CLASSES; AND B) OTHER FORMS OF RECREATION AND LEISURE-TIME OCCUPATION.
Financial health, per its FY2025 accounts
The accounts state that the charity operated on a going concern basis with unrestricted funds totaling £56,497 as of March 31, 2025. The trustees report that a sum of £20,000 is ringfenced within the bank account to act as a reserve for estimated operating costs. The charity incurred a net deficit of £1,479 for the year, reducing its cash funds from £57,976 to £56,497.
What the accounts disclose
“The sum of £20,000.00 is ringfenced within the bank account for the Towcester Youth & Community Centre to act as a reserve. This represents the estimated operating costs for the centre for 12 months” — page 3
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- TOWCESTER TOWN COUNCIL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £34k | £36k |
| 31/03/2024 | £32k | £45k |
| 31/03/2023 | £34k | £35k |
| 31/03/2022 | £28k | £25k |
| 31/03/2021 | £25k | £26k |
Common questions
Is THE TOWCESTER COMMUNITY CENTRE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated on a going concern basis with unrestricted funds totaling £56,497 as of March 31, 2025. The trustees report that a sum of £20,000 is ringfenced within the bank account to act as a reserve for estimated operating costs. The charity incurred a net deficit of £1,479 for the year, reducing its cash funds from £57,976 to £56,497. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LASLETT'S (HINTON) CHARITY | 1 | — |
| WORCESTER MUNICIPAL CHARITIES (CIO) | 1 | £163k |
| THE HOPMARKET CHARITY | 1 | £50k |
| MERTON VOLUNTARY SERVICE COUNCIL | 1 | £26k |
| SPORTS PARTNERSHIP HEREFORDSHIRE AND WORCESTERSHIRE | 1 | £13k |
| BRADFORD GUILD OF HELP | 1 | £3k |
| THE EDWARD AND DOROTHY CADBURY TRUST | 1 | £1k |
Charities like this
- EDENTHORPE COMMUNITY CENTRE ASSOCIATION
- ADMASTON HOUSE COMMUNITY CENTRE TRUST
- THORLEY COMMUNITY CENTRE LIMITED
- WORCESTER COMMUNITY TRUST
- THE TUEBROOK COMMUNITY CENTRE GROUP
- THORNTON COMMUNITY CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE TOWCESTER COMMUNITY CENTRE TRUST | £34k | — | 0 | unclear | — | no doubt |
| EDENTHORPE COMMUNITY CENTRE ASSOCIATION | £33k | — | 0 | unclear | — | no doubt |
| ADMASTON HOUSE COMMUNITY CENTRE TRUST | £60k | — | 0 | below | — | no doubt |
| THORLEY COMMUNITY CENTRE LIMITED | £44k | — | 0 | unclear | — | no doubt |
| WORCESTER COMMUNITY TRUST | £1.8m | — | 0 | unclear | — | no doubt |
| THE TUEBROOK COMMUNITY CENTRE GROUP | £26k | — | 0 | unclear | — | no doubt |