KEDINGTON COMMUNITY ASSOCIATION
to promote the benefit of the inhabitants of Kedington and the Neighbourhood by associating with the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interests of social welfare for the recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £1,213 for the year ended 31 December 2024, with total income of £53,441 against payments of £52,228. The trustees confirm that current income levels are sufficient to cover maintenance and running costs, and unrestricted reserves stood at £29,089. The charity maintains a reserves policy to retain funds for at least six months of expected future obligations.
What the accounts disclose
“The charity’s policy is to retain sufficient funds to meet its own expected future obligations for at least six months (unrestricted reserves)” — page 5
“Honoraria as agreed by the AGM are paid to the following named Trustees in their other roles: Ketton Review Editor – Derek Raine (£40)” — page 8
“Honoraria as agreed by the AGM are paid to the following named Trustees in their other roles: Ketton Review Editor – Derek Raine (£40)” — page 8
Trustees
- Andrew Paul Davis
- Anthony William Farr
- Stephen Brown
- Steven John Barrett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £53k | £52k |
| 31/12/2023 | £68k | £60k |
| 31/12/2022 | £66k | £66k |
| 31/12/2021 | £38k | £39k |
| 31/12/2020 | £36k | £35k |
Common questions
Is KEDINGTON COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £1,213 for the year ended 31 December 2024, with total income of £53,441 against payments of £52,228. The trustees confirm that current income levels are sufficient to cover maintenance and running costs, and unrestricted reserves stood at £29,089. The charity maintains a reserves policy to retain funds for at least six months of expected future obligations. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 17/03/2005 | £5k | Replacing furniture on H & S grounds |