CENTRAL YOUTH CLUB LIMITED
To assist young members to further their physical, cultural and social education.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £6,310 for the year, resulting in a decrease in total net assets from £14,869 to £8,559. The trustees acknowledge that the charity's reserves policy target of three to six months' expenditure has not been maintained, a position they state is currently being addressed. Despite this, the trustees confirm on a going concern basis that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“This level of reserves has not been maintained throughout the year and the position is currently being addressed.”
Trustees
- MR TIM TIMOTHEOUchair
- Andrew Harnick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £71k | £78k |
| 31/03/2024 | £65k | £84k |
| 31/03/2023 | £91k | £100k |
| 31/03/2022 | £62k | £76k |
| 31/03/2021 | £68k | £46k |
Common questions
Is CENTRAL YOUTH CLUB LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £6,310 for the year, resulting in a decrease in total net assets from £14,869 to £8,559. The trustees acknowledge that the charity's reserves policy target of three to six months' expenditure has not been maintained, a position they state is currently being addressed. Despite this, the trustees confirm on a going concern basis that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 30/05/2019 | £10k | Routes & Shoots |
| The National Lottery Community Fund | 27/02/2007 | £10k | lift installation |
| The National Lottery Community Fund | 22/11/2004 | £5k | New mini bus |