100-year-old Peckham community charity closes

Finance | Vibeka Mair | 17 Aug 2012

A century-old community charity in Peckham has entered voluntary administration today.

Peckham Settlement, whose patron was the Countess of Wessex, was formed in 1896 and provided a range of services to the people of Peckham; including a nursery, an advice centre for the Irish traveller community and help for startup businesses in the area.

A statement from the charity’s administrators, Herron Fisher, says due to lack of funds and operational difficulties, the executive committee of the Peckham Settlement have put the organisation into administration and it will close with immediate effect. All 32 staff have been made redundant.

The administrators are hopeful that some of the Settlement’s existing projects may be transferred to other charitable providers to possibly provide new employment for those who have lost jobs.

Peckham Settlement ran a number of community development projects, including SE-Village, one of 16 projects out of 300, chosen by Nesta to get funding from its Neighbourhood Challenge project.

Peckham Settlement’s most recent available accounts show it had an income of around £1m. However, during 2011/11, its accounts advise the charity struggled with cash flow, and relied on an interest-free loan from a trustee to stay afloat.

Comments

[Cancel] | Reply to:

Name *

Email *

Organisation

Job Title

Comments *

Verification *

* Please read our Community Standards

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

Robust but respectful debate
Strongly held opinions
Intelligent relevant discussion
The sharing of relevant experiences
New participants

We will not publish:

Rude, threatening, offensive, obscene or abusive language, or links to such material
Links to commercial organisations or spam postings. The comments board is not an advertising platform
The posting of contact details for yourself or others
Comments intended for malicious purpose or mindless abuse
Comments purporting to be from another person or organisation under false pretences
Gratuitous criticism, commentary or self-promotion
Any material which breaches copyright or privacy laws, or could be considered libellous
The use of the comments board for the pursuit or extension of personal disputes

Be aware:

Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
Comments left by others may not be accurate, do not rely on them as fact
You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

Enjoy the opportunity to express your opinion and respect the right of others to express theirs
Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.