THE BAGGERIDGE SOCIAL WELFARE CENTRE
The Centre provides recreational and leisure activities for local residents.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £14,116 for the year ended 31 January 2025, reversing a previous deficit. Per the trustees' report, the charity's main funding derives from a connected trading company, Baggeridge Social Club Limited, which transferred £35,009 in profits via Gift Aid. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the trustees to maintain unrestricted funds which are free reserves of the charity, at a level to provide sufficient funds to cover anticipated administration and support costs for a period of 12 months.” — page 5
“a substantial amount of its income comes from its connected trading company, Baggeridge Social Club Limited, which pays an annual occupational licence fee to the charity in order to run its business from the charity's premises. In addition to this, the company also transfers any profits it makes to the charity under a Gift Aid agreement so the trustees work closely with the directors to try to ensure the company is profitable, thus ensuring extra income for the charity.”
“a substantial amount of its income comes from its connected trading company, Baggeridge Social Club Limited, which pays an annual occupational licence fee to the charity in order to run its business from the charity's premises.”
Trustees
- Lloyd Hemmingschair
- David Branwood
- Richard Hawley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £100k | £86k |
| 31/01/2024 | £81k | £84k |
| 31/01/2023 | £66k | £100k |
| 31/01/2022 | £73k | £64k |
| 31/01/2021 | £69k | £48k |
Common questions
Is THE BAGGERIDGE SOCIAL WELFARE CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £14,116 for the year ended 31 January 2025, reversing a previous deficit. Per the trustees' report, the charity's main funding derives from a connected trading company, Baggeridge Social Club Limited, which transferred £35,009 in profits via Gift Aid. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.