DELTA-NORTH CONSETT LIMITED
Registered charity 1068064 · accounts filings on the Charity Commission register · also known as CONSETT AND DISTRICT Y.M.C.A., CONSETT Y.M.C.A. · filing overdue (register status)
To provide facilities and services for the benefit of the community and in particular young people. To provide activities which stimulate and challenge and add to the personal and social development of the individual.To provide services and facilities for the relief of hardship and poverty.
Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Amateur Sport · Economic/community Development/employment · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from £1,270,701 to £1,103,733, resulting in a net expenditure of £180,151 for the year. The charity maintains a reserves policy targeting three to six months of expenditure, which the trustees confirm has been maintained throughout the year. The independent auditor reported no material uncertainties regarding the charity's ability to continue as a going concern.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three and six month’s expenditure (held: £1.1m)
“tis the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by TC Group. Discloses 4 of 6 completeness components.
Property (HM Land Registry)
2 registered titlesin England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £218k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/08/2024)
Reported reserves equal ~2.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
- ALEXANDER WATSONchair
- ALAN GALLAGHER
- BARBARA SALKELD
- Mark Innes
- ROY REGINALD TYERMAN · trustee of 1 other charity
Trustee list from the Charity Commission register (current, not historical).
Operates in: Durham · Newcastle Upon Tyne City · Northumberland · Sunderland
Income and spending
Common questions
Is DELTA-NORTH CONSETT LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £1,270,701 to £1,103,733, resulting in a net expenditure of £180,151 for the year. The charity maintains a reserves policy targeting three to six months of expenditure, which the trustees confirm has been maintained throughout the year. The independent auditor reported no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by TC Group.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Charities like this
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Side by side with its peers
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