Heart of Newhaven Community SCIO
Latest income
£594k
Latest spending
£303k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a surplus of £290,734 for the year ended 31 December 2024, with total income rising to £594,045 from £354,668 in the prior year. Per the trustees' report, the charity holds total reserves of £1,143,299, comprising £42,470 in free unrestricted funds, while noting that a formal reserves policy is still being developed. The trustees consider the organization's assets to be adequate to fulfill current obligations.