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.

Objects

I) TO WORK TOGETHER WITH STATUTORY AND VOLUNTARY ORGANISATIONS, GROUPS AND INDIVIDUALS TO PROVIDE ACCESS TO OPPORTUNITIES FOR EDUCATION, LEISURE, ARTS AND SOCIAL WELFARE WITH THE OVERALL OBJECT OF IMPROVING THE HEALTH AND QUALITY OF LIFE OF THE INHABITANTS OF THE AREA OF BENEFIT.HEALTH INCLUDES THE ABSENCE OF DISEASE AND DISTRESS AS NECESSARY BUT NOT SUFFICIENT CONDITIONS AND ALSO INCLUDES OPTIMISING THE INDIVIDUAL'S SOCIAL AND CREATIVE POTENTIAL. THE AREA OF BENEFIT IS THE AREA WITHIN A TEN MILE RADIUS OF WINCANTON TOWN HALL REGARDLESS OF COUNTY OR ANY OTHER ADMINISTRATIVE BOUNDARY;I) TO IMPROVE ANY OTHER CHARITABLE PURPOSE THAT WILL IMPROVE THE HEALTH AND/OR QUALITY OF LIFE FOR THE INHABITANTS OF THE AREA OF BENEFIT.

Area of benefit: THE AREA WITHIN A TEN MILE RADIUS OF WINCANTON TOWN HALL REGARDLESS OF COUNTY OR ANY OTHER. ADMINISTRATIVE BOUNDARY

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · Economic/community Development/employment · website · Get email alerts

Registered contact address: Somerset, South West, England (from the postcode on the register)

Latest income
£1.3m
Latest spending
£1.1m
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The charity reported a net income increase of £118,043, bringing total funds to £1,603,535. Unrestricted funds stood at £632,695, which is below the stated policy target of six months' expenditure. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the charity's 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

Largest income source: Charitable activities (32% of income)
“Charitable activities 4 409,481 - 409,481 318,111 - 318,111” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The statement of financial activities shows that the total funds have increased by £118,043 to £1,603,535 as at year end.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties
“Donations without conditions totaling £3,834 was received by the charity from related parties in the year (2024 : £8,752).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by David Owen & Co. Discloses 5 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Ofsted (Office For Standards In Education). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Volunteers: 140
  • Government income: £375,074 — contracts £363,574 (1), grants £11,500 (1); 30% of the £1,262,295 total gross income on the same return

Self-declared on the annual return for the financial year ending 31/03/2024

  • Volunteers: 140
  • Government income: £484,175 — contracts £436,175 (2), grants £48,000 (2); 50% of the £973,492 total gross income on the same return

Self-declared on the annual return for the financial year ending 31/03/2023

  • Volunteers: 100
  • Government income: £378,648 — contracts £346,992 (1), grants £31,656 (2); 36% of the £1,056,107 total gross income on the same return

Source: this charity’s annual returns on the Charity Commission register.

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.

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

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

Total income
£1.3m
Total spending
£1.1m
Cost of raising funds
£1k
Reserves (reported)
£178k
Employees
50

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.7 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 (5.3%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Dorset · Somerset · Wiltshire

Income and spending

Financial year endIncomeSpending
31/03/2025£1.3m£1.1m
31/03/2024£973k£1.0m
31/03/2023£1.1m£891k
31/03/2022£809k£700k
31/03/2021£670k£548k

Common questions

Is THE BALSAM CENTRE financially healthy?

Per its FY2025 accounts: The charity reported a net income increase of £118,043, bringing total funds to £1,603,535. Unrestricted funds stood at £632,695, which is below the stated policy target of six months' expenditure. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the charity's 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.

FunderYearAmountPurpose (as stated by the funder)
THE MEDLOCK CHARITABLE TRUSTFY2025£15k
THE SANDERSON FOUNDATIONFY2022£10k
THE MACKIE FOUNDATIONFY2022£10k
SOMERSET COMMUNITY FOUNDATIONFY2023£10k
SOMERSET COMMUNITY FOUNDATIONFY2023£2k
THE MACKIE FOUNDATIONFY2023amount not stated

Government & lottery funding

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

FunderDateAmountPurpose
Somerset Community Foundation09/07/2026£8kThe Balsam Centre
Somerset Community Foundation10/11/2025£25kThe Balsam Centre
Somerset Community Foundation10/11/2025£40kThe Balsam Centre
UK government13/12/2024£65kArmed Forces Charities (Armed Forces Covenant Fund Trust) FY24/25
The National Lottery Community Fund31/10/2024£16kChanges - Somerset
The National Lottery Community Fund24/03/2022£263kGood Stuff
The National Lottery Community Fund29/07/2015£340kLike Minds
The National Lottery Community Fund25/02/2015£9kConkers Community Nursery
The National Lottery Heritage Fund12/03/2014£8k"Sketches of Wartime Wincanton: A Community Heritage and Arts 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 BALHAM MOSQUE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE BALSAM CENTRE£1.3m—0below—no doubt
BALHAM MOSQUE FY2025£1.1m—0above—no doubt
BALVIMAA CHARITY TRUST FY2025£77k—0above—no doubt
Sangam Foundation FY2025£238k—0unclear—no doubt
BACE FY2025£48k—0above—no doubt
BALHAM BAPTIST CHURCH FY2025£370k—0below—no doubt

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