HOLLINGDEAN DEVELOPMENT TRUST
The Trust works, as lessee, to sustain the Community Centre and employs an Administrator. In partnership with 'The Trust for Developing Communities' it contributes funds for a Community Development Worker who supports the Trust in its aims to work with residents to attract funds for and manage community-projects and activities in the continued regeneration and improvement of Hollingdean, Brighton.
Financial health, per its FY2025 accounts
The accounts state that the charity's finances remain in a healthy state, with unrestricted reserves of £58,797 representing 13 months of running costs. The trustees consider this level of free reserves to be reasonable and above their policy target of six months' expenditure, although £10,000 has been designated for future accessibility improvements. The charity is subject to an independent examination rather than a full audit due to its gross income being below £25,000.
What the accounts disclose
Trustees
- CHRISTINE JENNIFER SIMPSONchair
- Catherine Blanche Suzanne Guerrier
- Julia Murray Logue
- Olivia Canham
- Robert William Gunn Lane
- Sandra Ethel Meredith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £48k | £50k |
| 31/03/2024 | £53k | £50k |
| 31/03/2023 | £45k | £63k |
| 31/03/2022 | £41k | £39k |
| 31/03/2021 | £49k | £45k |
Common questions
Is HOLLINGDEAN DEVELOPMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's finances remain in a healthy state, with unrestricted reserves of £58,797 representing 13 months of running costs. The trustees consider this level of free reserves to be reasonable and above their policy target of six months' expenditure, although £10,000 has been designated for future accessibility improvements. The charity is subject to an independent examination rather than a full audit due to its gross income being below £25,000. Its FY2025 accounts were independently examined.