CRAGHEAD DEVELOPMENT TRUST LIMITED

Registered charity 1107991 · accounts filings on the Charity Commission register

CDT currently runs a childcare centre, a family centre and is a landlord of three properties in Craghead offering reasonable rents to their local tenants.

Objects

TO PROMOTE THE BENEFIT OF THE INHABITANTS OF CRAGHEAD AND SURROUNDING DISTRICTS WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID INHABITANTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID INHABITANTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION, PROVIDE SOCIAL AND ECONOMIC REGENERATION AND RELIEVE POVERTY BY PROVIDING OPPORTUNITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE PRIMARY OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE SAID INHABITANTS.

Area of benefit: CRAGHEAD, DERWENTSIDE, DURHAM

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

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Amateur Sport · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£349k
Latest spending
£291k
Registered
2005
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income increase to £58,138 for the year ended 31 March 2025, resulting in total funds of £272,510. The trustees confirmed that the charity has sufficient resources to cover likely cash requirements and contingencies for the forthcoming year. They also noted that there are no material uncertainties regarding the charity's ability to continue operating.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months' salary costs (held: £74k)
“The trustees have designated an operating fund to be set aside to cover core running costs in the event of a funding shortage, equivalent to 3 months’ salary costs.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Accountancy services paid to a business controlled by a trustee
“During the year fees for accountancy services of £1,835 (2024: £2,425) were paid to TLB Accountancy Services, a business controlled by T Bowman.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). 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.

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold); recorded price paid £115k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Durham

Income and spending

Financial year endIncomeSpending
31/03/2025£349k£291k
31/03/2024£259k£273k
31/03/2023£219k£264k
31/03/2022£238k£238k
31/03/2021£266k£242k

Common questions

Is CRAGHEAD DEVELOPMENT TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net income increase to £58,138 for the year ended 31 March 2025, resulting in total funds of £272,510. The trustees confirmed that the charity has sufficient resources to cover likely cash requirements and contingencies for the forthcoming year. They also noted that there are no material uncertainties regarding the charity's ability to continue operating. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund21/01/2010£8kFilm in the Font
Northern Rock Foundation13/12/2005£80kGrant awarded to Craghead Development Trust Ltd (Durham)