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

UNIVERSITY OF SUNDERLAND DEVELOPMENT TRUST

Registered charity 1041658 · accounts filings on the Charity Commission register

Latest income
£491k
Latest spending
£571k
Registered
1994
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds total net assets of £6,536,715, comprising unrestricted, restricted, and endowment funds, with a strong cash position of £1,670,278. The Trustees report a positive net gain of £55,273 for the year and confirm the charity is well-placed to continue meeting its charitable objectives. The going concern assessment indicates sufficient funds to meet liabilities until at least July 2027.

What the accounts disclose

Reserves policy: adequate liquidity, to allow the organisation to adjust to any short-term changes in its financial and operating environment (held: £473k)
“The trustees have adopted a reserves policy with the objective to protect the Trust and its charitable activities by ensuring there is adequate liquidity, to allow the organisation to adjust to any short-term changes in its financial and operating environment.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Trust paid the University of Sunderland £3,850 towards office running costs.
“During the year the Trust paid the University of Sunderland £3,850 (2023/24: £3,850) towards office running costs.” — page 28
“The University of Sunderland will pay the Trust £16,854 (2023/24: £15,750) to cover the audit fees.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The University of Sunderland paid the Trust £16,854 to cover audit fees.
“During the year the Trust paid the University of Sunderland £3,850 (2023/24: £3,850) towards office running costs.” — page 28
“The University of Sunderland will pay the Trust £16,854 (2023/24: £15,750) to cover the audit fees.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The University provided staff and resources as a gift in kind, with a recharge of £1,850 for office running costs.
“During the year the Trust paid the University of Sunderland £3,850 (2023/24: £3,850) towards office running costs.” — page 28
“The University of Sunderland will pay the Trust £16,854 (2023/24: £15,750) to cover the audit fees.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by RSM UK Audit LLP.

Public fundraising profile: JustGiving — University of Sunderland Development Trust (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 31/07/2023)

Total income
£3.9m
Total spending
£329k
Cost of raising funds
£6k
Reserves (reported)
£471k
Employees
0

Reported reserves equal ~17.2 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Sunderland

Income and spending

Financial year endIncomeSpending
31/07/2025£491k£571k
31/07/2024£429k£558k
31/07/2023£1.9m£329k
31/07/2022£179k£494k
31/07/2021£529k£145k

Common questions

Is UNIVERSITY OF SUNDERLAND DEVELOPMENT TRUST financially healthy?

The accounts state that the charity holds total net assets of £6,536,715, comprising unrestricted, restricted, and endowment funds, with a strong cash position of £1,670,278. The Trustees report a positive net gain of £55,273 for the year and confirm the charity is well-placed to continue meeting its charitable objectives. The going concern assessment indicates sufficient funds to meet liabilities until at least July 2027. Its FY2025 accounts were audited by RSM UK Audit LLP.

Who funds UNIVERSITY OF SUNDERLAND DEVELOPMENT TRUST?

Funders whose own accounts filings name UNIVERSITY OF SUNDERLAND DEVELOPMENT TRUST as a grant recipient include ST. NICHOLAS' EDUCATIONAL TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
ST. NICHOLAS' EDUCATIONAL TRUSTFY2024£5k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
Point North Community Foundation1£882k
CLAN TRUST LIMITED1£8k
THE JOHN R. MURRAY CHARITABLE TRUST1£4k
THE MILLICHOPE FOUNDATION1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CAMBRIDGE EDUCATION AND DEVELOPMENT TRUST.