HAINAULT FOREST COMMUNITY ASSOCIATION
Promote the benefits of the inhabitants of Hainault and the neighbourhood by associating with the local authorities, voluntary organisations and inhabitants in common effort 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 said inhabitants.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial situation was severely affected by the COVID pandemic, with a continued reduction in footfall impacting income. However, the trustees report a slow and steady increase in income since the new management team took on board, though they note the current economic crisis and demographic changes as ongoing challenges.
What the accounts disclose
“COVID severely affected our financial situation. Although the UK lockdown ended in 2021 HFCA did not see an immediate return to previous usage of the facilities.” — page 16
“L.B. Redbridge (LBR) and specifically Gareth Morely and his team at Vision, as our landlords continue to support us with an annual grant. They have undertaken repairs to the outside of our buildings, eg. new fire doors and roof maintenance in a timely manner, we appreciate their support.” — page 16
Trustees
- leo heffernanchair
- Gavin Livermore
- gary papworth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £490k | £531k |
| 31/03/2024 | £470k | £473k |
| 31/03/2023 | £439k | £456k |
| 31/03/2022 | £415k | £448k |
| 31/03/2021 | £366k | £398k |
Common questions
Is HAINAULT FOREST COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial situation was severely affected by the COVID pandemic, with a continued reduction in footfall impacting income. However, the trustees report a slow and steady increase in income since the new management team took on board, though they note the current economic crisis and demographic changes as ongoing challenges.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NORFOLK COMMUNITY FOUNDATION | 1 | £109k |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
Charities like this
- HAROLD WOOD NEIGHBOURHOOD CENTRE
- BROADOAK AND SMALLSHAW COMMUNITY ASSOCIATION
- HILLSTOWN MINERS' WELFARE TRUST
- SHRUBLANDS YOUTH AND ADULT CENTRE CHARITABLE TRUST
- SHARROW COMMUNITY FORUM LIMITED
- NEW HAW & WOODHAM COMMUNITY ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HAINAULT FOREST COMMUNITY ASSOCIATION | £490k | — | 0 | unclear | — | noted |
| HAROLD WOOD NEIGHBOURHOOD CENTRE | £107k | — | 0 | unclear | — | no doubt |
| BROADOAK AND SMALLSHAW COMMUNITY ASSOCIATION | £100k | — | 0 | unclear | — | no doubt |
| HILLSTOWN MINERS' WELFARE TRUST | £124k | — | 0 | unclear | — | no doubt |
| SHRUBLANDS YOUTH AND ADULT CENTRE CHARITABLE TRUST | £281k | — | 0 | unclear | — | noted |
| SHARROW COMMUNITY FORUM LIMITED | £3.0m | — | 0 | unclear | — | no doubt |