DUFFIELD COMMUNITY ASSOCIATION
Formed in 1972 with its chief aims being the enrichment of village life and upholding of local traditions. The Duffield Community Association serves as a focal point for responsible discussion of current activities and future policies affecting the residents. By representing a wide section of the community it is able to influence public bodies. It is recognised as the local amenity group.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net surplus of £3,563, bringing its accumulated fund to £48,000. The trustees note that this balance properly reflects the financial position of the Association. The charity maintains a reserves policy target of £30,000 to cover potential major incidents such as event cancellations due to flooding.
What the accounts disclose
“Our Reserves Policy has been reviewed and remains that we aim to maintain reserves of £30,000.” — page 1
“We have only 2 Trustees which is an operational risk; and supports the proposal to update the Constitution and to transfer to a CIO.” — page 1
Trustees
- Judith Anne Hooker
- Kathryn Anne Busman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £41k | £37k |
| 31/12/2023 | £40k | £45k |
| 31/12/2022 | £38k | £27k |
| 31/12/2021 | £11k | £13k |
| 31/12/2020 | £5k | £8k |
Common questions
Is DUFFIELD COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net surplus of £3,563, bringing its accumulated fund to £48,000. The trustees note that this balance properly reflects the financial position of the Association. The charity maintains a reserves policy target of £30,000 to cover potential major incidents such as event cancellations due to flooding. Its FY2024 accounts were independently examined.