Charity Accounts Intelreading the accounts so you don’t have to

THE GREENFIELDS CENTRE LIMITED

Registered charity 702308 · accounts filings on the Charity Commission register · also known as GREENFIELDS

Support re-generation through the delivery of affordable childcare, childcare training and related services.

Causes: Education/training · Economic/community Development/employment · Get email alerts

Latest income
£797k
Latest spending
£936k
Registered
1990
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity made a loss of £139,235 in 2024, marking the third consecutive year of significant losses. Per the trustees' report, the organisation is currently unsustainable under its current business model and is considering future options, including potential redundancies, while maintaining going concern status due to adequate resources to sustain the loss for the year.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities (99% of income)
“Charitable activities 3 786,217 - 786,217 794,464” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months trading and allow essential buildings repairs to be carried out for which the charity estimate to be £20,000 (held: £395k)
“It is the policy of the charity to maintain unrestricted free reserves at a sufficient level to finance three months trading and allow essential buildings repairs to be carried out for which the charity estimate to be £20,000.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“At the time of approving the financial statements, the Management Committee have some concerns regarding financial stability. The organisation has made a loss for the last three years and is expected to do so in 2025. However, there are indications that the loss may be reduced slightly, and the committee have reasonable expectation that there are adequate resources to sustain the loss for the year whilst consideration is given to a plan regarding the future of the organisation.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Judy Tate received remuneration of £54,636.
“During the year Judy Tate, a trustee of the charity received remuneration of £54,636 (2023: £53,388).” — page 22
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£797k
Total spending
£936k
Cost of raising funds
£936k
Reserves (reported)
£395k
Employees
35

Reported reserves equal ~5.1 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Nottingham City

Income and spending

Financial year endIncomeSpending
31/12/2024£797k£936k
31/12/2023£806k£904k
31/12/2022£847k£866k
31/12/2021£807k£850k
31/12/2020£982k£903k

Common questions

Is THE GREENFIELDS CENTRE LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity made a loss of £139,235 in 2024, marking the third consecutive year of significant losses. Per the trustees' report, the organisation is currently unsustainable under its current business model and is considering future options, including potential redundancies, while maintaining going concern status due to adequate resources to sustain the loss for the year. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund14/02/2013£8kI.T Skills Suite and Accessibility Project