THANET COMMUNITY DEVELOPMENT TRUST
The company's activities are the promotion and advancement for the public benefit of urban and rural regeneration in the Isle of Thanet by the releif of poverty and unemployment and the advancement of education and training.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £14,087 for the year ended 31 March 2025, resulting in total funds decreasing from £549,887 to £535,800. The trustees attribute this loss primarily to a decrease in rental income and bank charges associated with resolving frozen accounts from the previous year. Despite the deficit, the trustees confirm the charity has adequate resources to continue as a going concern.
What the accounts disclose
“The company endeavours to keep at least two to three months’ running costs in reserve to allow for late receipt of income. This is calculated by deducting the element of reserves relating to the leasehold property, the Hereson Centre, from the total reserve figure.” — page 6
“During the year, no Trustees received any remuneration with the exception of Ralph Hoult OBE whose services are retained on an ad hoc basis due to his unique specialist knowledge of early Ramsgate relating to the Trust's History Club and Heritage projects. In the year ended to March 2025 Ralph was paid the sum of £4,160 (2024 £4,160) which is contained within ‘Direct Project Costs’.” — page 16
“During the year, no Trustees received any remuneration with the exception of Ralph Hoult OBE whose services are retained on an ad hoc basis due to his unique specialist knowledge of early Ramsgate relating to the Trust's History Club and Heritage projects. In the year ended to March 2025 Ralph was paid the sum of £4,160 (2024 £4,160) which is contained within ‘Direct Project Costs’.” — page 16
Property (HM Land Registry)
Trustees
- RICHARD JOHN CHAPMANchair
- BARBARA ANN SIMS
- KEITH SINGLE
- Ralph Christopher Hoult
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £270k | £284k |
| 31/03/2024 | £224k | £224k |
| 31/03/2023 | £219k | £219k |
| 31/03/2022 | £314k | £313k |
| 31/03/2021 | £212k | £211k |
Common questions
Is THANET COMMUNITY DEVELOPMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £14,087 for the year ended 31 March 2025, resulting in total funds decreasing from £549,887 to £535,800. The trustees attribute this loss primarily to a decrease in rental income and bank charges associated with resolving frozen accounts from the previous year. Despite the deficit, the trustees confirm the charity has adequate resources to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds THANET COMMUNITY DEVELOPMENT TRUST?
Funders whose own accounts filings name THANET COMMUNITY DEVELOPMENT TRUST as a grant recipient include JOHN SWIRE 1989 CHARITABLE TRUST, THE PHILIP AND CONNIE PHILLIPS FOUNDATION, THE THOMAS WALL TRUST, THE LAWSON TRUST CIO, THE HOBSON CHARITY LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| JOHN SWIRE 1989 CHARITABLE TRUST | FY2024 | £54k | |
| THE PHILIP AND CONNIE PHILLIPS FOUNDATION | FY2022 | £10k | |
| THE PHILIP AND CONNIE PHILLIPS FOUNDATION | FY2023 | £8k | |
| THE THOMAS WALL TRUST | FY2022 | £5k | |
| THE LAWSON TRUST CIO | FY2025 | £5k | |
| THE LAWSON TRUST CIO | FY2024 | £5k | Other grants |
| THE LAWSON TRUST CIO | FY2023 | £5k | |
| THE HOBSON CHARITY LIMITED | FY2024 | £5k | Poverty |
| DIDYMUS | FY2022 | £4k | |
| THE PHILIP AND CONNIE PHILLIPS FOUNDATION | FY2025 | £3k | Unrestricted |
| THE COLE CHARITABLE TRUST | FY2025 | £3k | Care and Social Welfare |
| THE COLE CHARITABLE TRUST | FY2024 | £3k | Education and Training |
| JOHN SWIRE 1989 CHARITABLE TRUST | FY2021 | £1k | |
| THE AUSTIN AND HOPE PILKINGTON TRUST | FY2023 | £1k | |
| JOHN SWIRE 1989 CHARITABLE TRUST | FY2023 | £1k | |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | FY2024 | £1k | |
| THE COLE CHARITABLE TRUST | FY2022 | £1k | Care and Social Welfare |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 02/02/2026 | £20k | Connected Communities: Social Inclusion in Thanet |
| The National Lottery Community Fund | 17/10/2024 | £17k | Social Job Club Ramsgate and Margate |
| The National Lottery Community Fund | 23/06/2023 | £10k | Social Inclusion Project |
| The National Lottery Community Fund | 21/01/2022 | £10k | Social Job Club |
| The National Lottery Community Fund | 18/12/2020 | £10k | Friends in Thanet; a social inclusion project. |
| The National Lottery Community Fund | 14/03/2019 | £10k | History Club, bringing people together |
| The National Lottery Community Fund | 27/04/2016 | £8k | Hereson Job Club |
| The National Lottery Community Fund | 16/06/2011 | £10k | Nourish-The Quirky Community Eatery Improving Wellbeing and Community Activ |
| The National Lottery Community Fund | 22/03/2005 | £5k | Community group information library |