THE BALSAM CENTRE
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.
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.
What the accounts disclose
“Charitable activities 4 409,481 - 409,481 318,111 - 318,111” — page 12
“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
“Donations without conditions totaling £3,834 was received by the charity from related parties in the year (2024 : £8,752).” — page 26
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
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
Leadership, per the charity’s website
- Michael Bainbridge — Chair of Trustees
- Lu Jones — Deputy CEO/Finance Manager
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (26/04/2021)
Trustees
- Michael Francis Bainbridgechair
- Anna Marie Lance
- Emily Showering
- Frances Elizabeth De Bosdari
- Frances da Cunha
- Helen J Smith
- Jane Stella Knowles
- Michael James Kelly
- Neil Guy Trepess Polley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MEDLOCK CHARITABLE TRUST | FY2025 | £15k | |
| THE SANDERSON FOUNDATION | FY2022 | £10k | |
| THE MACKIE FOUNDATION | FY2022 | £10k | |
| SOMERSET COMMUNITY FOUNDATION | FY2023 | £10k | |
| SOMERSET COMMUNITY FOUNDATION | FY2023 | £2k | |
| THE MACKIE FOUNDATION | FY2023 | amount not stated |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Somerset Community Foundation | 09/07/2026 | £8k | The Balsam Centre |
| Somerset Community Foundation | 10/11/2025 | £25k | The Balsam Centre |
| Somerset Community Foundation | 10/11/2025 | £40k | The Balsam Centre |
| UK government | 13/12/2024 | £65k | Armed Forces Charities (Armed Forces Covenant Fund Trust) FY24/25 |
| The National Lottery Community Fund | 31/10/2024 | £16k | Changes - Somerset |
| The National Lottery Community Fund | 24/03/2022 | £263k | Good Stuff |
| The National Lottery Community Fund | 29/07/2015 | £340k | Like Minds |
| The National Lottery Community Fund | 25/02/2015 | £9k | Conkers Community Nursery |
| The National Lottery Heritage Fund | 12/03/2014 | £8k | "Sketches of Wartime Wincanton: A Community Heritage and Arts project" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOD MY SILENT PARTNER FOUNDATION | 1 | £146k |
| THE PWC FOUNDATION | 1 | £10k |
| PERSONAL ASSURANCE CHARITABLE TRUST | 1 | £1k |
| CBRE UK CHARITABLE TRUST | 1 | £1k |
Charities like this
- BALHAM MOSQUE
- BALVIMAA CHARITY TRUST
- Sangam Foundation
- BACE
- BALHAM BAPTIST CHURCH
- PALMER AND SEABRIGHT CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE BALSAM CENTRE | £1.3m | — | 0 | below | — | no doubt |
| BALHAM MOSQUE | £1.1m | — | 0 | above | — | no doubt |
| BALVIMAA CHARITY TRUST | £77k | — | 0 | above | — | no doubt |
| Sangam Foundation | £238k | — | 0 | unclear | — | no doubt |
| BACE | £48k | — | 0 | above | — | no doubt |
| BALHAM BAPTIST CHURCH | £370k | — | 0 | below | — | no doubt |