SOUTH WYE DEVELOPMENT TRUST LIMITED

Registered charity 1117770 · accounts filings on the Charity Commission register

The South Wye Development Trust (Kindle) generates income through the rent of the Kindle Centre's meeting rooms, office spaces and from use of the facilities within the community business resource centre. Facilities include a large hall/theatre. The Trust's mission is to support the South Wye commuity by facilitating learning, and leisure opportunities using the resources of the Kindle Centre.

Causes: General Charitable Purposes · Economic/community Development/employment · Recreation · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£534k
Latest spending
£392k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £142,000 for the year ended 31 March 2025, with total funds standing at £628,151. Free reserves were £472,944, which the trustees note equates to 14.5 months of annual expenditure, exceeding their stated policy target of six months' running costs.

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

What the accounts disclose

Largest income source: Donations and legacies (60% of income)
“Donations and legacies 2 105,324 213,744 319,068 248,338” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months running costs (held: £473k)
“The board is acutely aware of the need to hold a reserve of six months running costs and a minimum of £100,000 is kept in the company's deposit account” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Corporate structure

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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)

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

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£215k
Total spending
£392k
Cost of raising funds
£9k
Reserves (reported)
£473k
Employees
14

Reported reserves equal ~14.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other trading activities (94% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 4.4% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Herefordshire

Income and spending

Financial year endIncomeSpending
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?

Per its FY2025 accounts: The accounts state that the charity reported a net income of £142,000 for the year ended 31 March 2025, with total funds standing at £628,151. Free reserves were £472,944, which the trustees note equates to 14.5 months of annual expenditure, exceeding their stated policy target of six months' running costs. Its FY2025 accounts were independently examined.

Who funds SOUTH WYE DEVELOPMENT TRUST LIMITED?

Funders whose own accounts filings name SOUTH WYE DEVELOPMENT TRUST LIMITED as a grant recipient include HEREFORDSHIRE COMMUNITY FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
HEREFORDSHIRE COMMUNITY FOUNDATIONFY2024£7kIron Fund
HEREFORDSHIRE COMMUNITY FOUNDATIONFY2023£5k
HEREFORDSHIRE COMMUNITY FOUNDATIONFY2024£3kBecket Bulmer
HEREFORDSHIRE COMMUNITY FOUNDATIONFY2024£1kHigh Sheriff Fund
HEREFORDSHIRE COMMUNITY FOUNDATIONFY2023£780

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund23/05/2024£453kInspiring @ Kindle We R with U
The National Lottery Community Fund17/06/2022£10kThe Kindle Centre - Inspiring the Community
The National Lottery Community Fund12/03/2021£9kKINDLE CENTRE IT IMPROVEMENTS
The National Lottery Community Fund23/01/2020£1kHerefordshire Building Better Ops Celebration
The National Lottery Community Fund21/06/2019£10k"Refurb and Renew" The Kindle Centre
The National Lottery Community Fund29/06/2016£9kCommunity Kitchen @ THE KINDLE CENTRE
The National Lottery Community Fund28/06/2012£10kReading to Herefordshire

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with KIVETON PARK AND WALES COMMUNITY DEVELOPMENT TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SOUTH WYE DEVELOPMENT TRUST LIMITED£534k—0unclear—no doubt
KIVETON PARK AND WALES COMMUNITY DEVELOPMENT TRUST FY2025£224k—0unclear—no doubt
West Wight Sports and Community Centre Trust Ltd FY2025£1.3m—0below—no doubt
SOUTHMEAD DEVELOPMENT TRUST FY2025£4.3mmore than £60,0001unclear—no doubt
SWANAGE AND PURBECK DEVELOPMENT TRUST FY2025£385k—0within—no doubt
YSTALYFERA DEVELOPMENT TRUST FY2025£154k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.