ASHFORD (MIDDLESEX) COMMUNITY ASSOCIATION
Community Association providing social and educational facilities for the local community.Clubs, classes and activities for all - Families, elderly and children.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £11,702 for the year, resulting in unrestricted funds decreasing from £50,018 to £38,316. The trustees note that the charity is not dependent on fundraising, with income primarily derived from hall hires and bar takings. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the charity's compliance with regulations.
What the accounts disclose
“Other debtors include £30,246 representing the current account balance with ACA Bar Management Ltd. This debtor balance has been formalised by way of an interest bearing loan agreement with regular repayments over five years.” — page 16
Trustees
- Jim Sheedychair
- James Knill
- Janice Pratt
- Janna Thomson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £73k | £85k |
| 31/12/2023 | £73k | £75k |
| 31/12/2022 | £58k | £70k |
| 31/12/2021 | £55k | £53k |
| 31/12/2020 | £39k | £47k |
Common questions
Is ASHFORD (MIDDLESEX) COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £11,702 for the year, resulting in unrestricted funds decreasing from £50,018 to £38,316. The trustees note that the charity is not dependent on fundraising, with income primarily derived from hall hires and bar takings. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the charity's compliance with regulations. Its FY2024 accounts were independently examined.