THE SOUTHERN QUARTER DEVELOPMENT LTD
Managing two community buildings. Sub lettings to groups and organisations meeting the company's charitable requirements.Provision of courses/classes and community activities for the local community, and those outside the immediate area, encompassing all age ranges and abilities.
Objects
TO PROMOTE FOR THE BENEFIT OF THE INHABITANTS OF THE SOUTHERN QUARTER OF NORTHAMPTON (HEREINAFTER CALLED "THE AREA OF BENEFIT") WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE, OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS, BY ASSOCIATING TOGETHER THE INHABITANTS AND THE STATUTORY AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS, IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION, WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF THE SAID INHABITANTS.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a surplus of £9,766, resulting in total unrestricted reserves of £417. However, the independent examiner's report discloses a material uncertainty regarding the charity's ability to continue as a going concern, noting insufficient evidence that reserves will be sufficient for the next 12 months. The trustees acknowledge the need to actively seek new business and grant funding to continue operations.
What the accounts disclose
“The charity seeks to maintain reserves at a level of 3 to 6 months expenditure. At the year end total reserves were a surplus of £417” — page 4
“There is a material uncertainty regarding the charity's ability to continue operating as a going concern. I have not received sufficient evidence to confirm that the charity is likely to have sufficient reserves to be able to continue in operation for at least 12 months from sign off of my report.” — page 6
“My report is qualified in this regard only.” — page 6
Policies the charity declares
- Bullying and harassment 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Alexander Graham Faulkner-Clarke
- Anthony William Tew
- CLARE ELIZABETH HAYNES
- Laura Tregilgas
- Lorraine Tew
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £119k | £109k |
| 31/07/2024 | £123k | £119k |
| 31/07/2023 | £148k | £169k |
| 31/07/2022 | £158k | £160k |
| 31/07/2021 | £181k | £214k |
Common questions
Is THE SOUTHERN QUARTER DEVELOPMENT LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a surplus of £9,766, resulting in total unrestricted reserves of £417. However, the independent examiner's report discloses a material uncertainty regarding the charity's ability to continue as a going concern, noting insufficient evidence that reserves will be sufficient for the next 12 months. The trustees acknowledge the need to actively seek new business and grant funding to continue operations. Its FY2025 accounts were independently examined.
Who funds THE SOUTHERN QUARTER DEVELOPMENT LTD?
Funders whose own accounts filings name THE SOUTHERN QUARTER DEVELOPMENT LTD as a grant recipient include NORTHAMPTONSHIRE COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NORTHAMPTONSHIRE COMMUNITY FOUNDATION | FY2024 | £15k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/02/2013 | £9k | Cookery and More 2013 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £294k |
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| PAUL HAMLYN FOUNDATION | 1 | £193k |
| THE NISBET TRUST | 1 | £138k |
| THE ANCHOR SOCIETY CIO | 1 | £24k |
| CHK Foundation | 1 | £20k |
| THE MERCHANT VENTURERS CHARITY | 1 | £15k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £10k |
Charities like this
- ORDER OF THE COMPANY OF MARY OUR LADY CIO
- DERBY QUAD LIMITED
- TESTLANDS
- TAFF BARGOED DEVELOPMENT TRUST LIMITED
- CATERHAM BARRACKS COMMUNITY TRUST
- SOUTHMEAD DEVELOPMENT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SOUTHERN QUARTER DEVELOPMENT LTD | £119k | — | 0 | below | — | material uncertainty |
| ORDER OF THE COMPANY OF MARY OUR LADY CIO | £424k | — | 0 | unclear | — | no doubt |
| DERBY QUAD LIMITED | £1.9m | — | 0 | below | — | material uncertainty |
| TESTLANDS | £1.7m | — | 0 | unclear | — | no doubt |
| TAFF BARGOED DEVELOPMENT TRUST LIMITED | £152k | — | 0 | unclear | — | no doubt |
| CATERHAM BARRACKS COMMUNITY TRUST | £722k | — | 0 | unclear | — | no doubt |