CHUDLEIGH YOUTH CENTRE CHARITABLE TRUST
Youth Work aged 8 to 18.The Young People take part in a range of fun activities in the Youth Centre
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a surplus of £13,262 for the year ended 31 December 2024, driven by increased income from a National Lottery Community Fund grant. Unrestricted reserves stood at £26,900, which the trustees confirmed was sufficient to meet their policy of maintaining three months of expenditure. While the charity notes the future need to replace the tapering lottery grant, it currently reports financial security.
What the accounts disclose
“The trustee’s policy is to maintain liquid reserves of at least three months expenditure which they believe would enable them to meet their financial commitments in all likely scenarios.” — page 2
Trustees
- Clifford BARNES
- DAVID LILLINGTON
- John Evans
- MR BILL KEEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £35k | £22k |
| 31/12/2023 | £24k | £29k |
| 31/12/2022 | £22k | £27k |
| 31/12/2021 | £12k | £24k |
| 31/12/2020 | £28k | £15k |
Common questions
Is CHUDLEIGH YOUTH CENTRE CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a surplus of £13,262 for the year ended 31 December 2024, driven by increased income from a National Lottery Community Fund grant. Unrestricted reserves stood at £26,900, which the trustees confirmed was sufficient to meet their policy of maintaining three months of expenditure. While the charity notes the future need to replace the tapering lottery grant, it currently reports financial security. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/03/2024 | £110k | Chudleigh Youth Centre |
| UK government | 02/09/2020 | £10k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 03/08/2018 | £10k | Homework club |
| The National Lottery Community Fund | 01/03/2006 | £5k | Youth advice service |