UNIVERSITY OF SUNDERLAND DEVELOPMENT TRUST
Registered charity 1041658 · accounts filings on the Charity Commission register
The Trust seeks to underpin the University's commitment to remaining a high quality civic university, in a city & region that is reinventing itself, by offering life-changing opportunities & transformation.Over the next 3 years the Trust will continue to seek funds from a range of sources but establish three giving programmes focusing on major gifts, legacies & its alumni giving programme.
Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Amateur Sport · Environment/conservation/heritage · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts
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.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
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. Discloses 5 of 6 completeness components.
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).
- Santander Universities UK — “We are delighted to be working with our partner Santander Universities UK, providing support for our student community with funding and besp…” (source page)
Public profiles (found on the charity’s own website): facebook
Structured financials (annual return, FY ending 31/07/2023)
Reported reserves equal ~17.2 months of spending — above the median for charities its size (median 7.0 months; benchmarks).
Per its annual return, cost of raising funds: 0.2% of total income — below the median for charities its size (2.9%) (benchmarks).
- Alex Hallimond
- Alison Thain · trustee of 1 other charity
- Katherine MacLeod
- Margaret Fay CBE DL
- Mark Burdon
- Sir David Robert Bell KCB
- Susan Margaret Forster
Trustee list from the Charity Commission register (current, not historical).
Operates in: Sunderland
Income and spending
Common questions
Is UNIVERSITY OF SUNDERLAND DEVELOPMENT TRUST financially healthy?
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. 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.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with CAMBRIDGE EDUCATION AND DEVELOPMENT TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.