LINCOLN GARDENS COMMUNITY ASSOCIATION
To provide aminities and facilities for the education and well-being of persons in the neighbourhood
Financial health, per its FY2025 accounts
The charity reported a net surplus of £14,561 for the year, with total incoming resources of £38,867 against expenditures of £24,306. Cash balances at year-end were £35,019, which the trustees confirmed significantly exceeded their reserves policy target of six months' average routine revenue expenditure.
What the accounts disclose
“Total incoming resources were £38,867, which include Hall Hire £12,484”
“The Trustees’ policy on reserves is that monetary reserves shall be maintained equivalent to 6 months’ average routine revenue expenditure.” — page 8
“The Charity occupies premises owned by North Lincolnshire Council under a lease agreement.”
“Our accountants give cause for concern over the time they take to audit our finances and with the mistakes that our being made, along with demands for payments that have already been paid.” — page 2
Trustees
- MICHAEL RICHARD HOPKINSchair
- HEATHER ANN BOWERS
- JANE EGGITT
- JANE HOPKINS
- Sarah Day
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £39k | £19k |
| 31/03/2024 | £23k | £28k |
| 31/03/2023 | £21k | £28k |
| 31/03/2022 | £27k | £19k |
| 31/03/2021 | £30k | £15k |
Common questions
Is LINCOLN GARDENS COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The charity reported a net surplus of £14,561 for the year, with total incoming resources of £38,867 against expenditures of £24,306. Cash balances at year-end were £35,019, which the trustees confirmed significantly exceeded their reserves policy target of six months' average routine revenue expenditure. Its FY2025 accounts were independently examined.