THE BALSAM CENTRE
Registered charity 1080719 · accounts filings on the Charity Commission register · also known as BALSAM CENTRE, THE BALSAM PROJECT, WINCANTON COMMUNITY VENTURE
The charity exists to reduce inequalities and provide health, social, educational and cultural opportunities for individuals and communities in its area of benefit. The work is delivered from the Balsam Centre.
Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that total income increased to £1,262,295 and unrestricted funds rose to £632,695, with the trustees confirming adequate resources for the foreseeable future. The charity maintains a reserves policy target of six months' expenditure, and the independent auditor reported no material uncertainties regarding its ability to continue as a going concern.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: six month's expenditure (held: £633k)
“It is 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 six month's expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from related parties
“Donations without conditions totaling £3,834 was received by the charity from related parties in the year (2024 : £8,752). There were no other related party transactions during the year.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by David Owen & Co. Discloses 5 of 6 completeness components.
Leadership, per the charity’s website
- Michael Bainbridge — Chair of Trustees (source)
- Lu Jones — Deputy CEO/Finance Manager (source)
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.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (66% 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: 0.1% of total income — below the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (26/04/2021) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Dorset · Somerset · Wiltshire
Income and spending
Common questions
Is THE BALSAM CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that total income increased to £1,262,295 and unrestricted funds rose to £632,695, with the trustees confirming adequate resources for the foreseeable future. The charity maintains a reserves policy target of six months' expenditure, and the independent auditor reported no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by David Owen & Co.
Who funds THE BALSAM CENTRE?
Funders whose own accounts filings name THE BALSAM CENTRE as a grant recipient include THE MEDLOCK CHARITABLE TRUST, THE SANDERSON FOUNDATION, THE MACKIE FOUNDATION, SOMERSET COMMUNITY FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 MA CENTRE UK.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.