TORBAY AND SOUTH DEVON NHS CHARITABLE FUND
Latest income
£433k
Latest spending
£488k
Registered
1996
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £488,000 against incoming resources of £433,000, resulting in a net movement in funds of £45,000. Per the trustees' report, the charity holds total funds of £1.723 million, with unrestricted funds at £553,000, which the trustees consider adequate to meet future plans and obligations.
What the accounts disclose
Reserves policy: £1.15m (excluding endowments) (held: £553k)
“In June 2018, the Committee reviewed the level of funds and set a target level (excluding endowments) of £1.15m.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Finance and administration costs bought in from Torbay and South Devon NHS Foundation Trust
“Finance and administration costs bought in from Torbay and South Devon NHS Foundation Trust, £47k (2023/24 £68k). Please see note 10 for further details.” — page 37
“Reimbursement of charitable expenditure incurred by Torbay and South Devon NHS Foundation Trust on behalf of the charity, £441k (2023/24: £829k).” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursement of charitable expenditure incurred by Torbay and South Devon NHS Foundation Trust on behalf of the charity
“Finance and administration costs bought in from Torbay and South Devon NHS Foundation Trust, £47k (2023/24 £68k). Please see note 10 for further details.” — page 37
“Reimbursement of charitable expenditure incurred by Torbay and South Devon NHS Foundation Trust on behalf of the charity, £441k (2023/24: £829k).” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2024)
Total income
£1.1m
Total spending
£897k
Cost of raising funds
£94k
Reserves (reported)
£421k
Employees
22
Register events
- Received assets from another charity (17/12/2021)
Trustees
- Torbay and South Devon NHS Foundation Trust
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £433k | £488k |
| 31/03/2024 | £1.1m | £897k |
| 31/03/2023 | £903k | £1.1m |
| 31/03/2022 | £997k | £1.2m |
| 31/03/2021 | £1.3m | £752k |
Common questions
Is TORBAY AND SOUTH DEVON NHS CHARITABLE FUND financially healthy?
The accounts state that the charity reported a net expenditure of £488,000 against incoming resources of £433,000, resulting in a net movement in funds of £45,000. Per the trustees' report, the charity holds total funds of £1.723 million, with unrestricted funds at £553,000, which the trustees consider adequate to meet future plans and obligations. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTY AIR AMBULANCE TRUST | 1 | £354k |
| PARKINSON'S DISEASE SOCIETY OF THE UNITED KINGDOM | 1 | £169k |
| FRIENDS OF THE YEATMAN HOSPITAL | 1 | £78k |
| WHEELER MILL FOUNDATION | 1 | £59k |
| THE PILMUIR ESTATE | 1 | £30k |
| CONSERVATION COLLECTIVE | 1 | £14k |
| CANTIACORUM FOUNDATION | 1 | £1k |
| G F EYRE CHARITABLE TRUST | 1 | £1k |