HOMER HILL RECREATION GROUND TRUST
land only
Objects
USE BY THE PARISH COUNCIL OF CRADLEY AND ITS SUCCESSORS AND ASSIGNS FOREVER IN FEE SIMPLE FOR THE PURPOSES OR PUBLIC RECREATION GROUNDS.
Financial health, per its FY2025 accounts
The accounts state that the charity's total expenditure of £80,221 was fully covered by incoming resources of £80,221, resulting in a balanced year with no net movement in funds. The charity holds no free or unrestricted reserves, relying on council contributions to break even if lettings income is insufficient. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It has also received income from Council support of £76,645.”
“The Charity does not hold reserves. If income received from lettings or other income relating to the premises is not sufficient to meet the costs of providing the service, the Council will make the required contribution to break even in the year.” — page 1
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- DUDLEY MBC
- Dudley Metropolitan Borough Council
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £80k | £80k |
| 31/03/2024 | £101k | £101k |
| 31/03/2023 | £94k | £94k |
| 31/03/2022 | £90k | £90k |
| 31/03/2021 | £88k | £88k |
Common questions
Is HOMER HILL RECREATION GROUND TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's total expenditure of £80,221 was fully covered by incoming resources of £80,221, resulting in a balanced year with no net movement in funds. The charity holds no free or unrestricted reserves, relying on council contributions to break even if lettings income is insufficient. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.