GADDUM CENTRE
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a significant financial improvement in 2024/25, generating an unrestricted surplus of £256,482 and total income of £3,507,314, which was a 40% increase year on year. Per the trustees' report, unrestricted reserves totalled £2,876,764, with £1,290,531 in free reserves, held largely due to proceeds from the sale of the head office premises while the charity seeks to reinvest in a new property.
What the accounts disclose
“three months organisational operating costs of approx. £160k will be retained in reserves as a minimum to cover core costs.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Adrian Bibby
- Adunola Ige
- Beth Plant
- Ian Williamson
- Jacqueline Nickson
- John McKernaghan
- Jonathan Brewer
- Robert Cookson
- Zoe Robertson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.5m | £3.3m |
| 31/03/2024 | £2.5m | £2.8m |
| 31/03/2023 | £2.8m | £3.2m |
| 31/03/2022 | £2.8m | £2.7m |
| 31/03/2021 | £2.8m | £2.5m |
Common questions
Is GADDUM CENTRE financially healthy?
The accounts state that the charity achieved a significant financial improvement in 2024/25, generating an unrestricted surplus of £256,482 and total income of £3,507,314, which was a 40% increase year on year. Per the trustees' report, unrestricted reserves totalled £2,876,764, with £1,290,531 in free reserves, held largely due to proceeds from the sale of the head office premises while the charity seeks to reinvest in a new property. Its FY2025 accounts were audited by Slade & Cooper Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 01/06/2005 | £32 | "An Award Has Been Made To The Gaddum Centre Which Will Allow Them To Host A Trip To The Imperial War Museum For Their Carers." |