COTGRAVE SOCIAL WELFARE CENTRE
Financial health, per its FY2022 accounts
The accounts state that the charity reported a profit of £114,281 for the year ended 31 December 2022, with total unrestricted reserves of £249,890. The trustees consider the financial position healthy and aim to establish reserves equal to one year's expenditure (£38,054), which is currently below their long-term target. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or pension deficits.
What the accounts disclose
Trustees
- MICHAEL ERNEST WARNERchair
- Darren Moulds
- John Robert Gill
- MAURICE BROWN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £114k | £65k |
| 31/12/2023 | £96k | £31k |
| 31/12/2022 | £152k | £38k |
| 31/12/2021 | £43k | £29k |
| 31/12/2020 | £35k | £25k |
Common questions
Is COTGRAVE SOCIAL WELFARE CENTRE financially healthy?
The accounts state that the charity reported a profit of £114,281 for the year ended 31 December 2022, with total unrestricted reserves of £249,890. The trustees consider the financial position healthy and aim to establish reserves equal to one year's expenditure (£38,054), which is currently below their long-term target. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or pension deficits. Its FY2022 accounts were independently examined.