SOUTHMEAD DEVELOPMENT TRUST

Registered charity 1061468 · accounts filings on the Charity Commission register · also known as Southmead Community Trust

The provision of services for the benefit of the local community of Southmead.

Causes: General Charitable Purposes · Education/training · Disability · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Amateur Sport · website · Get email alerts

Latest income
£4.3m
Latest spending
£2.1m
Registered
1997
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus for the year, with total income of £4,347,663 and total expenditure of £2,054,547. The trustees confirm that unrestricted reserves of £600,745 meet the stated policy target of holding three to six months of operating expenditure, and they consider the charity to be a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: more than £60,000 — below the median for charities its size (£70k)
“1 employee earned more than £60,000 during the current year (2024: none).” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“1 employee earned more than £60,000 during the current year (2024: none).” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 3-6 months of funds available to cover budgeted operating expenditure on unrestricted activities (held: £601k)
“Our target is to have 3-6 months of funds available to cover budgeted operating expenditure on unrestricted activities”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee David Roderick is a Church Leader of Woodlands Group of Churches, a tenant paying rent.
“David Roderick, a Trustee of Southmead Development Trust, is also a Church Leader of Woodlands Group of Churches. Woodlands are a tenant of Southmead Development Trust and paid £19,181 (2024: £20,036) to the Trust during the year.” — page 38
“In the year the charity did not pay anything to Hoggans Promotions for work relating to the annual Southmead Festival (2024: £540). Hoggans Promotions is a related party by nature of the business owner being the son of a trustee of the charity.” — page 38
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Charity paid Hoggans Promotions (trustee's son's business) for festival work.
“David Roderick, a Trustee of Southmead Development Trust, is also a Church Leader of Woodlands Group of Churches. Woodlands are a tenant of Southmead Development Trust and paid £19,181 (2024: £20,036) to the Trust during the year.” — page 38
“In the year the charity did not pay anything to Hoggans Promotions for work relating to the annual Southmead Festival (2024: £540). Hoggans Promotions is a related party by nature of the business owner being the son of a trustee of the charity.” — page 38
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Godfrey Wilson Limited. Discloses 6 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Corporate structure

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

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.3m
Total spending
£2.1m
Cost of raising funds
£140k
Reserves (reported)
£601k
Employees
49

Reported reserves equal ~3.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 3.2% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Bristol City

Income and spending

Financial year endIncomeSpending
31/03/2025£4.3m£2.1m
31/03/2024£2.6m£1.9m
31/03/2023£2.5m£2.4m
31/03/2022£2.2m£1.8m
31/03/2021£1.8m£1.4m

Common questions

Is SOUTHMEAD DEVELOPMENT TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus for the year, with total income of £4,347,663 and total expenditure of £2,054,547. The trustees confirm that unrestricted reserves of £600,745 meet the stated policy target of holding three to six months of operating expenditure, and they consider the charity to be a going concern. Its FY2025 accounts were audited by Godfrey Wilson Limited.

What does the highest-paid employee of SOUTHMEAD DEVELOPMENT TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the more than £60,000 band, and 1 employees earned over £60,000.

Who funds SOUTHMEAD DEVELOPMENT TRUST?

Funders whose own accounts filings name SOUTHMEAD DEVELOPMENT TRUST as a grant recipient include GARFIELD WESTON FOUNDATION, THE NISBET TRUST, THE ANCHOR SOCIETY CIO, THE MERCHANT VENTURERS CHARITY, CHK Foundation.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
GARFIELD WESTON FOUNDATIONFY2024£200kYouth
THE NISBET TRUSTFY2021£35k
THE NISBET TRUSTFY2023£33k
THE NISBET TRUSTFY2024£30k
THE NISBET TRUSTFY2022£30k
THE ANCHOR SOCIETY CIOFY2023£19kGrants to institutions
THE MERCHANT VENTURERS CHARITYFY2023£10kWinter Crisis Fund
CHK FoundationFY2023£10k
CHK FoundationFY2024£10k
THE NISBET TRUSTFY2021£10k
THE ANCHOR SOCIETY CIOFY2025£5k
THE MERCHANT VENTURERS CHARITYFY2023£5kUnrestricted Fund Grant
DANDIA CHARITABLE TRUSTFY2022£3k
DANDIA CHARITABLE TRUSTFY2024£3k
DANDIA CHARITABLE TRUSTFY2023£3k
THE ANCHOR SOCIETY CIOFY2024£500Greenway Hub for Older People

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund09/05/2024£20kYouth and Play Programme at The Ranch
The National Lottery Community Fund24/04/2024£499kWellbeing and Employability Project
Sport England10/08/2023£15kMovement Matters
The National Lottery Community Fund25/11/2022£10kFriday Night Youth Session
Sport England24/03/2021£4kTGC CF Small Grants
Sport England01/06/2020£10kCOVID-19 CEF
UK government01/04/2019£209kALB - Homes England - Community Housing Fund
UK government01/04/2019£99kASG Grant 02 Bristol Mental Health Support February 2019
UK government13/02/2019£53kFSF Avon Somerset Gloucestershire District Grant 02 Bristol Mental Health Support
The National Lottery Community Fund15/03/2005£125kCommunity Development and Engagement Project

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 SUSSEX COMMUNITY DEVELOPMENT ASSOCIATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SOUTHMEAD DEVELOPMENT TRUST£4.3mmore than £60,0001unclear—no doubt
SUSSEX COMMUNITY DEVELOPMENT ASSOCIATION FY2025£4.9m£70,001 - £80,0001above—no doubt
SOUTH MANCHESTER SPORTS CLUB LIMITED FY2025£113k—0within—no doubt
THE SOUTHERN QUARTER DEVELOPMENT LTD FY2025£119k—0below—material uncertainty
Community Transport South West Ltd FY2024£1.0m—0below—no doubt
DEESIDE COMMUNITY TRUST FY2025£599k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.