POTTERS GREEN COMMUNITY ASSOCIATION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £38,870 for the year, reducing unrestricted funds from £173,101 to £134,231. The trustees note that the charity relies on the trading performance of its sister organisation, Potters Green Social Club, to receive the occupation licence payments necessary to meet cash requirements. Despite this dependency, the auditors concluded there were no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Total reserves are £134,231 of which Fixed Assets are £118,784 the reserve will be built up over the next few years to cover the Fixed Assets and the working capital float in full.” — page 4
“The charity relies on receiving payment for the occupation license from Potters Green Social Club to enable it to meet its cash requirements. The Potters Green Social Club is relying on its trading performance to be able to make payment to this charity.”
“The association has a sister organisation, Potters Green Social Club, which operates a licenced bar on the premises of Wigston Road, Potters Green, Coventry. All profits for this operation are paid over to the Association as an Occupation Licence. For the year to 30th June 2023, the occupation licence was £107,894 (2022: £80,297). All transactions between the entities occur via a loan account. As at 30th June 2023, the amount due to (2022: from) the Social Club and included within creditors (2022: debtors) due within one year was £26,758 (2022: £20,946).” — page 18
Trustees
- Ellen Green
- Gemma Morgan
- Natalie Constable
- PHILIP WILLIAMS
- Patricia Curtis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £328k | £333k |
| 30/06/2024 | £337k | £355k |
| 30/06/2023 | £291k | £329k |
| 30/06/2022 | £247k | £256k |
| 30/06/2021 | £225k | £223k |
Common questions
Is POTTERS GREEN COMMUNITY ASSOCIATION financially healthy?
The accounts state that the charity reported a net expenditure of £38,870 for the year, reducing unrestricted funds from £173,101 to £134,231. The trustees note that the charity relies on the trading performance of its sister organisation, Potters Green Social Club, to receive the occupation licence payments necessary to meet cash requirements. Despite this dependency, the auditors concluded there were no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Luckmans Duckett Parker Limited.