NEW ORFORD TOWN TRUST
Uitilzing the income derived from the Trust's property to ensure the maintenance of the property and apply any remaining income for charitable purposes for the general benefit of the inhabitants of the Parish of Orford.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £65,982 for the year ended 31 March 2025, with total income of £268,682 against expenditure of £202,700. The trustees report that unrestricted and undesignated reserves are sufficient to cover an average six months' expenditure, and the auditor confirmed no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“No employee received remuneration amounting to more than £60,000 in either year.” — page 23
“The unrestricted and undesignated reserves of the Trust carried forward are sufficient to cover an average six months’ expenditure. It is the policy of the Trust to hold reserves which are considered the prudent minimum to ensure the work of the Charity continues in an ordered manner from year to year, even if incoming resources were to fluctuate downwards” — page 6
“Amounts due from Orford Sailing Club 2,130” — page 31
“Amount due from Parish Councillors 395” — page 31
“Amounts due from Orford Sailing Club 2,130” — page 31
“Amount due from Parish Councillors 395” — page 31
“Amounts due from Orford Sailing Club 2,130” — page 31
“Amount due from Parish Councillors 395” — page 31
Trustees
- Orford and Gedgrave Parish Council
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £269k | £203k |
| 31/03/2024 | £250k | £196k |
| 31/03/2023 | £240k | £190k |
| 31/03/2022 | £217k | £148k |
| 31/03/2021 | £453k | £141k |
Common questions
Is NEW ORFORD TOWN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £65,982 for the year ended 31 March 2025, with total income of £268,682 against expenditure of £202,700. The trustees report that unrestricted and undesignated reserves are sufficient to cover an average six months' expenditure, and the auditor confirmed no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Sumer Auditco Limited.
Who funds NEW ORFORD TOWN TRUST?
Funders whose own accounts filings name NEW ORFORD TOWN TRUST as a grant recipient include THE PENCHANT FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PENCHANT FOUNDATION | FY2022 | £5k |
Charities like this
- TAFF BARGOED DEVELOPMENT TRUST LIMITED
- THE ELFORD ESTATE CHARITY
- FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST)
- CITYGATES CHURCH NORWICH
- SOUTH MANCHESTER SPORTS CLUB LIMITED
- THE LITTLE ORCHARD CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW ORFORD TOWN TRUST | £269k | — | 0 | above | — | no doubt |
| TAFF BARGOED DEVELOPMENT TRUST LIMITED | £152k | — | 0 | unclear | — | no doubt |
| THE ELFORD ESTATE CHARITY | £115k | — | 0 | unclear | — | no doubt |
| FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST) | £536k | Under £60,000 | 0 | unclear | — | no doubt |
| CITYGATES CHURCH NORWICH | £686k | — | 0 | unclear | — | no doubt |
| SOUTH MANCHESTER SPORTS CLUB LIMITED | £113k | — | 0 | within | — | no doubt |