SPRING BANK COMMUNITY ASSOCIATION
To promote the benefit of all inhabitants of the Spring Bank Area without distinction of sex, sexual orientation, race or political, religious or other opinions, by associating together the said inhabitants and the local authorities, and other organisations in a common effort to advance education and to provide facilities for the common benefit of said inhabitants.
Financial health, per its FY2024 accounts
The charity reported a net expenditure of £7,934 for the year, resulting in a decrease in total net assets from £60,121 to £52,187. The accounts are explicitly stated to be 'Unaudited Accounts'. The charity holds unrestricted reserves of £35,620 but no specific reserves policy target is disclosed in the filing.
What the accounts disclose
Trustees
- Katrina Coylechair
- Hanadelnil Mustafa
- Lee Moore
- Russell Moor
- Sarah Muflahi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £35k | £43k |
| 31/12/2023 | £52k | £60k |
| 31/12/2022 | £68k | £68k |
| 31/12/2021 | £87k | £101k |
| 31/12/2020 | £96k | £57k |
Common questions
Is SPRING BANK COMMUNITY ASSOCIATION financially healthy?
Per its FY2024 accounts: The charity reported a net expenditure of £7,934 for the year, resulting in a decrease in total net assets from £60,121 to £52,187. The accounts are explicitly stated to be 'Unaudited Accounts'. The charity holds unrestricted reserves of £35,620 but no specific reserves policy target is disclosed in the filing.
Who funds SPRING BANK COMMUNITY ASSOCIATION?
Funders whose own accounts filings name SPRING BANK COMMUNITY ASSOCIATION as a grant recipient include THE SIR JAMES RECKITT CHARITY, THE HULL AND EAST RIDING CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE SIR JAMES RECKITT CHARITY | FY2021 | £14k | Local community |
| THE SIR JAMES RECKITT CHARITY | FY2023 | £10k | Social |
| THE SIR JAMES RECKITT CHARITY | FY2022 | £9k | Social |
| THE HULL AND EAST RIDING CHARITABLE TRUST | FY2024 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/10/2022 | £10k | IT Home Aid |
| UK government | 22/09/2020 | £10k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 31/03/2020 | £10k | HHITS (Home Help Information Technology Simplified) |
| The National Lottery Community Fund | 23/01/2020 | £950 | Community Centre Open day and Coffee Morning |
| The National Lottery Community Fund | 07/03/2019 | £10k | Empowering You! |
| The National Lottery Community Fund | 15/03/2006 | £5k | U16 Computer Access Club |