Newmachar Community Centre Association
Latest income
£154k
Latest spending
£149k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net incoming resource surplus of £137,532 for the year ended 31 March 2025, resulting in total net assets of £1,240,046. The trustees consider that unrestricted reserves of £151,682 are maintained within their stated policy target of three to six months of expenditure. The filing notes rising costs due to minimum wage and utilities increases but confirms the facility's financial sustainability through membership and community activities.