Charity Accounts Intelreading the accounts so you don’t have to

THE COURTYARD TRUST

Registered charity 1067869 · accounts filings on the Charity Commission register

Get email alerts for this charity

Latest income
£3.7m
Latest spending
£3.6m
Registered
1998
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net expenditure of £88,668 for the year ended 31 March 2023, a reduction from the previous year's incoming position. The trustees confirm that unrestricted reserves of £521,384 are broadly in line with the policy target of covering three months of contracted staff salaries and lease obligations, valued at £320,466. The auditors noted uncertainty surrounding future net income generation due to the economic climate but found no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Accounts audited by Thorne Widgery Accountancy Ltd. Discloses 4 of 6 completeness components.

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

Total income
£3.7m
Total spending
£3.6m
Cost of raising funds
£54k
Reserves (reported)
£712k
Employees
85

Reported reserves equal ~2.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Herefordshire

Income and spending

Financial year endIncomeSpending
31/03/2025£3.7m£3.6m
31/03/2024£3.6m£3.6m
31/03/2023£3.0m£3.1m
31/03/2022£2.5m£2.7m
31/03/2021£2.6m£1.4m

Common questions

Is THE COURTYARD TRUST financially healthy?

The accounts state that the charity reported a net expenditure of £88,668 for the year ended 31 March 2023, a reduction from the previous year's incoming position. The trustees confirm that unrestricted reserves of £521,384 are broadly in line with the policy target of covering three months of contracted staff salaries and lease obligations, valued at £320,466. The auditors noted uncertainty surrounding future net income generation due to the economic climate but found no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Thorne Widgery Accountancy Ltd.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund27/08/2019£10k"Who Lived in a House Like This?"
The National Lottery Heritage Fund18/12/2014£10k"Herefordshire Heroes"
The National Lottery Heritage Fund12/05/2010£23k"David Garrick and the Theatres of Hereford"