EAST DURHAM COMMUNITY DEVELOPMENT TRUST LTD
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves of £95,459 are adequate in relation to the reserves policy target of three months' running costs, estimated at £49,720. The trustees have assessed that the charity has sufficient resources to continue in operational existence for the foreseeable future, and the independent auditors reported no material uncertainties regarding going concern. The charity generated a net income of £185,340 for the year, with total incoming resources of £803,989.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr Kamalpreet Singh Sidhu
- EDNA MARY CONNOR
- JANICE MARGARET BRAY
- Joanne Angus
- Rona Hardy
- SANJEE RATNATUNGA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.7m | £1.5m |
| 31/03/2024 | £1.3m | £1.3m |
| 31/03/2023 | £1.3m | £809k |
| 31/03/2022 | £750k | £681k |
| 31/03/2021 | £650k | £595k |
Common questions
Is EAST DURHAM COMMUNITY DEVELOPMENT TRUST LTD financially healthy?
The accounts state that unrestricted reserves of £95,459 are adequate in relation to the reserves policy target of three months' running costs, estimated at £49,720. The trustees have assessed that the charity has sufficient resources to continue in operational existence for the foreseeable future, and the independent auditors reported no material uncertainties regarding going concern. The charity generated a net income of £185,340 for the year, with total incoming resources of £803,989. Its FY2023 accounts were audited by Allen Sykes Limited.
Who funds EAST DURHAM COMMUNITY DEVELOPMENT TRUST LTD?
Funders whose own accounts filings name EAST DURHAM COMMUNITY DEVELOPMENT TRUST LTD as a grant recipient include Point North Community Foundation.
Known funders
| Funder | Year | Amount |
|---|---|---|
| Point North Community Foundation | FY2024 | £623k |
| Point North Community Foundation | FY2025 | £196k |
| Point North Community Foundation | FY2023 | £40k |
| Point North Community Foundation | FY2022 | £23k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £15k |
| HEY SMILE FOUNDATION | 1 | £5k |
| MICHAEL GUEST CHARITABLE FOUNDATION | 1 | £5k |