CULLOMPTON WALRONDS PRESERVATION TRUST
Building Preservation Trust has restored the Walronds, a late Tudor property, and is using it for a wide variety of community purposes.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £8,516 for the year, resulting in unrestricted funds moving into a deficit of £62,335. While the charity holds significant restricted funds of £3,679,244, the trustees note that the previous year was difficult due to tenant vacancies and a slump in the rental housing market, though recent lettings have provided some financial security. The trustees confirm adequate resources exist to continue operations on a going concern basis.
What the accounts disclose
“Unrestricted reserves at the year end were in deficit by £62,335 (2024: £53,819).” — page 4
“Included in other creditors is an amount due of £617 (2024: Debtor £4,842) from Cullompton Walronds Limited. Some of the Trustees of Cullompton Walronds Preservation Trust are directors of Cullompton Walronds Limited.” — page 12
Property (HM Land Registry)
Trustees
- ELIZABETH ANN SESSIONS
- ELIZABETH MARGARET SUTTON
- Graham John Sessions
- Helen Carole Patricia McCormick
- JANE CAMPBELL BEM
- JUDITH PAULETTE MORRIS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £32k | £40k |
| 31/12/2024 | £34k | £38k |
| 31/12/2023 | £72k | £118k |
| 31/12/2022 | £31k | £41k |
| 31/12/2021 | £50k | £41k |
Common questions
Is CULLOMPTON WALRONDS PRESERVATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £8,516 for the year, resulting in unrestricted funds moving into a deficit of £62,335. While the charity holds significant restricted funds of £3,679,244, the trustees note that the previous year was difficult due to tenant vacancies and a slump in the rental housing market, though recent lettings have provided some financial security. The trustees confirm adequate resources exist to continue operations on a going concern basis. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/08/2020 | £15k | "COVID19: Lough Neagh Partnership Ltd" |
| The National Lottery Heritage Fund | 19/05/2009 | £2.1m | "The Walronds" |
| The National Lottery Community Fund | 24/08/2005 | £5k | community garden |