THE OPEN CENTRE
Promotion of religious, cultural and arts activities.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small deficit of £799 for the year ended 31 March 2025, attributing this to an investment in staff. Per the directors' report, this investment has provided more stability and competitive pay, helping to improve planning and resource allocation. The balance sheet shows net current assets of £72,664, with retained earnings decreasing from £73,463 to £72,664.
What the accounts disclose
Trustees
- Bilal Hussain
- Gail Whitehead
- KATHRYN MCRAE
- Russell Pollard
- Valerie Watson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £102k | £103k |
| 31/03/2024 | £96k | £75k |
| 31/03/2023 | £79k | £59k |
| 31/03/2022 | £35k | £51k |
| 31/03/2021 | £6k | £30k |
Common questions
Is THE OPEN CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a small deficit of £799 for the year ended 31 March 2025, attributing this to an investment in staff. Per the directors' report, this investment has provided more stability and competitive pay, helping to improve planning and resource allocation. The balance sheet shows net current assets of £72,664, with retained earnings decreasing from £73,463 to £72,664. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 19/09/2012 | £94k | "Our Heritage, An Initiative of the Open Centre Derby" |
| The National Lottery Community Fund | 23/10/2009 | £10k | Derby Open Centre Future Development |
Funders of similar charities
Charities like this
- Open City
- OPEN COLLEGE OF THE ARTS
- THE PETER ASHLEY ACTIVITY CENTRES
- ADORE CHURCH
- SET CENTRE
- OPEN DOORS WITH BROTHER ANDREW
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE OPEN CENTRE | £102k | — | 0 | unclear | — | no doubt |
| Open City | £1.1m | — | 0 | below | — | no doubt |
| OPEN COLLEGE OF THE ARTS | £3.1m | — | 0 | below | — | no doubt |
| THE PETER ASHLEY ACTIVITY CENTRES | £1.4m | — | 0 | within | — | no doubt |
| ADORE CHURCH | £260k | — | 0 | unclear | — | no doubt |
| SET CENTRE | £1.6m | — | 0 | unclear | — | noted |