HOLSWORTHY COMMUNITY PROPERTY TRUST LIMITED

Registered charity 1114577 · accounts filings on the Charity Commission register

The charity's objects are to provide affordable property to people who are in necessitous circumstances within the Holsworthy Market and Market and Coastal Town Inititative and surrounding areas.

Objects

1 PROVIDING HOUSES OR FLATS OR OTHER SIMILAR PROPERTIES AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES WITHIN THE AREA OF BENEFIT UPON TERMS APPROPRIATE TO THEIR MEANS.2 PROVIDING FOR THE AGED, DISABLED, HANDICAPPED (WHETHER MENTALLY OR PHYSICALLY) OR CHRONICALLY SICK PERSONS IN NEED THEREOF HOUSES FLATS OR SIMILAR PROPERTIES AND ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS;3 PROVIDING SERVICES, ADVICE OR ASSISTANCE UPON TERMS APPROPRIATE TO THEIR MEANS IN THE INTEREST OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS OF THE AREA OF BENEFIT.4 THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION IN THE INTEREST OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS OF THE AREA OF BENEFIT.5 THE RELIEF OF POVERTY IN SUCH WAYS AS MAY BE THOUGHT FIT AMONGST THE RESIDENTS OF THE AREA OF BENEFIT.6 THE ADVANCEMENT OF EDUCATION AND VOCATIONAL TRAINING AMONGST THE RESIDENTS OF THE AREA OF BENEFIT AND THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDINGS AND/OR LAND FOR USE ON FAVOURABLE TERMS.7 THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT INCLUDING THE CONSERVATION, RESTORATION AND RE-ESTABLISHMENT OF TREES IN PARTICULAR BROAD LEAFED TREES PLANTS AND ALL FORMS OF WILDLIFE AND THEREBY TO SECURE THE ENJOYMENT BY THE RESIDENTS OF THE AREA OF BENEFIT OF THE NATURAL ENVIRONMENT.8 THE PROVISION OF PUBLIC HEALTH FACILITIES AND CHILD CARE.9 THE PROMOTION FOR THE BENEFIT OF THE PUBLIC, IN PARTNERSHIP WITH THE POLICE AND OTHER BODIES AND AGENCIES, OF THE PROTECTION OF PEOPLE AND PROPERTY FROM AND THE PREVENTION OF CRIMINAL ACTS, IN PARTICULAR THROUGH ASSISTING IN MEASURES DESIGNED TO REDUCE THE LEVEL OF CRIME, ANTI-SOCIAL BEHAVIOUR, DRUG AND ALCOHOL DEPENDENCY AND VEHICLE SPEEDING AND TO PROVIDE EDUCATION INFORMATION AND PRACTICAL ASSISTANCE IN COMMUNITY SAFETY TO THE COMMUNITY.'HOUSES' SHALL HAVE THE MEANING GIVEN BY SECTION 106 OF THE HOUSING ASSOCIATIONS ACT 1985 AND SHALL INCLUDE BLOCKS OF FLATS WITHIN THE MEANING OF SECTION OF THE HOUSING ASSOCIATIONS ACT 1985...

Area of benefit: NOT DEFINED. IN PRACTICE, DEVON AND CORNWALL.

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 · Accommodation/housing · Economic/community Development/employment · website · Get email alerts

Latest income
£85k
Latest spending
£101k
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £16,333 for the year, resulting in a decrease in total funds from £530,166 to £513,833. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. However, the trustees' report notes that funding remains a significant challenge for the youth centre activities.

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

What the accounts disclose

Reserves policy: £100,000 (held: £21k)
“The Trustees aim to retain unrestricted reserves of £100,000 to cover approximately a year of costs for both the Youth Centre and the owned properties.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Initial resources from Second Home Council Tax administered by Devon County Council and Torridge District Council.
“The Charity at its inception received its initial resources from Second Home Council Tax that is jointly administered by Devon County Council and Torridge District Council.” — page 6
“The purchase of the first scheme "Whitlock Court" was undertaken with funding from Charity Bank and Venturesome who had respectively first and second charges on the property. These monies have been repaid in full to these lenders.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Funding from Charity Bank and Venturesome for property purchases, now repaid.
“The Charity at its inception received its initial resources from Second Home Council Tax that is jointly administered by Devon County Council and Torridge District Council.” — page 6
“The purchase of the first scheme "Whitlock Court" was undertaken with funding from Charity Bank and Venturesome who had respectively first and second charges on the property. These monies have been repaid in full to these lenders.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant aid from Torridge District Council for DIYEO scheme.
“The Charity at its inception received its initial resources from Second Home Council Tax that is jointly administered by Devon County Council and Torridge District Council.” — page 6
“The purchase of the first scheme "Whitlock Court" was undertaken with funding from Charity Bank and Venturesome who had respectively first and second charges on the property. These monies have been repaid in full to these lenders.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loans from Venturesome and Resonance Ltd for development schemes.
“The Charity at its inception received its initial resources from Second Home Council Tax that is jointly administered by Devon County Council and Torridge District Council.” — page 6
“The purchase of the first scheme "Whitlock Court" was undertaken with funding from Charity Bank and Venturesome who had respectively first and second charges on the property. These monies have been repaid in full to these lenders.” — page 6
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: Financial Conduct Authority. 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.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

8 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: Cornwall · Devon

Income and spending

Financial year endIncomeSpending
30/04/2025£85k£101k
30/04/2024£94k£93k
30/04/2023£113k£139k
30/04/2022£106k£93k
30/04/2021£78k£44k

Common questions

Is HOLSWORTHY COMMUNITY PROPERTY TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £16,333 for the year, resulting in a decrease in total funds from £530,166 to £513,833. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. However, the trustees' report notes that funding remains a significant challenge for the youth centre activities. Its FY2025 accounts were independently examined.