THORNBURY COMMUNITY BUILDING TRUST
To promote he the inhabitants of Thornbury and surrounding area the proviion of facilities for recreation or other leisure time occupation of individuals.To establish or secure the establisment of as Community building and to maintain and manage.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £37,640 for the year ended 31 March 2025, resulting in a decrease in total funds from £264,014 to £226,374. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, noting that sufficient reserves exist to meet challenges arising from the cost of living crisis. Free reserves held at year-end were £211,853, which exceeds the stated policy target of approximately £80,000.
What the accounts disclose
“The charity has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ("the free reserves") held by the charity should equate to approximately six months operation costs, around £80,000 in general funds.” — page 5
Property (HM Land Registry)
Trustees
- EILEEN MURIEL GRINDEY
- Ian Robinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £131k | £168k |
| 31/03/2024 | £171k | £144k |
| 31/03/2023 | £159k | £157k |
| 31/03/2022 | £143k | £141k |
| 31/03/2021 | £106k | £82k |
Common questions
Is THORNBURY COMMUNITY BUILDING TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £37,640 for the year ended 31 March 2025, resulting in a decrease in total funds from £264,014 to £226,374. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, noting that sufficient reserves exist to meet challenges arising from the cost of living crisis. Free reserves held at year-end were £211,853, which exceeds the stated policy target of approximately £80,000. Its FY2025 accounts were independently examined.