SOUTH WYE DEVELOPMENT TRUST LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net income of £38,900 for the year ended 31 March 2023, with total funds standing at £396,553. Free reserves were £339,812, which the trustees note equates to 14.5 months of annual expenditure, a decrease from the previous year's 21 months. The trustees confirmed the organization is a going concern and confident in its financial position.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 05750840
Funders the charity credits
- The DM Lab
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ARTHUR CHRISTOPHER RICHARD CHAPPELL
- Franca Lane
- Jenny Tucker
- Kevin Tillett
- Nicholas Bolt
- PAUL RONE
- Penny Southwood
- Rhianon Prime
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £534k | £392k |
| 31/03/2024 | £427k | £338k |
| 31/03/2023 | £317k | £278k |
| 31/03/2022 | £212k | £195k |
| 31/03/2021 | £205k | £159k |
Common questions
Is SOUTH WYE DEVELOPMENT TRUST LIMITED financially healthy?
The accounts state that the charity reported a net income of £38,900 for the year ended 31 March 2023, with total funds standing at £396,553. Free reserves were £339,812, which the trustees note equates to 14.5 months of annual expenditure, a decrease from the previous year's 21 months. The trustees confirmed the organization is a going concern and confident in its financial position. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN ELLERMAN FOUNDATION | 1 | £120k |
| THE CRUCIBLE FOUNDATION | 1 | £20k |
| THE HDH WILLS 1965 CHARITABLE TRUST | 1 | £20k |
| THE NISBET TRUST | 1 | £17k |
| THE IAN ASKEW CHARITABLE TRUST | 1 | £2k |
| CAREW POLE CHARITABLE TRUST | 1 | £1k |
| CHAPMAN CHARITABLE TRUST | 1 | £1k |