Community Transport South West Ltd
To meet un-served social needs in South Somerset, Mendip and Sedgemoor by providing high quality support to voluntary and community sector organisations and, where appropriate, through direct provision of services.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £31,138 for the year ended 31 December 2024, with total incoming resources of £1,013,274 and charitable expenditure of £982,136. Per the trustees' report, free unrestricted reserves stood at £175,093, which is below the stated policy target of approximately £249,000, though the trustees aim to build reserves to this level over the next three years.
What the accounts disclose
“Free reserves at the end of the year were £175,093 (2023 - £143,955). It is the aim of the trustees that this reserves level will be built to the desired amount over the course of the next 3 years.”
Corporate structure
- Registered company of the charity Companies House 06014757
Funders the charity credits
- Somerset County Council
Company officers (Companies House)
- ROBERTS, Nicola Anne on trustee list
- FORBES, Mair Bethan on trustee list
- LANG, John Alexander on trustee list
- BATCHELOR, Martin Roy on trustee list
- MAXWELL, Brian Davidson on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (31/01/2017)
Trustees
- BRIAN DAVIDSON MAXWELL
- Bethan Forbes
- John Lang Mr
- Lynda Creek Mrs
- Martin Batchelor
- Nicola Anne Roberts
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.0m | £982k |
| 31/12/2023 | £925k | £937k |
| 31/12/2022 | £836k | £857k |
| 31/12/2021 | £733k | £741k |
| 31/12/2020 | £633k | £603k |
Common questions
Is Community Transport South West Ltd financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £31,138 for the year ended 31 December 2024, with total incoming resources of £1,013,274 and charitable expenditure of £982,136. Per the trustees' report, free unrestricted reserves stood at £175,093, which is below the stated policy target of approximately £249,000, though the trustees aim to build reserves to this level over the next three years. Its FY2024 accounts were audited by Albert Goodman LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GUY'S AND ST THOMAS' FOUNDATION | 1 | £254k |
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| THE NISBET TRUST | 1 | £138k |
| UNITED ST SAVIOUR'S CHARITY | 1 | £97k |
| SOUTHWARK CHARITIES | 1 | £25k |
| THE ANCHOR SOCIETY CIO | 1 | £24k |
| CHK Foundation | 1 | £20k |
| THE MERCHANT VENTURERS CHARITY | 1 | £15k |
Charities like this
- SOUTHMEAD DEVELOPMENT TRUST
- COMMUNITY TRANSPORT (SWADLINCOTE)
- COMMUNITY SOUTHWARK
- MENDIP COMMUNITY TRANSPORT
- COMMUNITY TRANSPORT SOUTH WILTSHIRE
- LAWRENCE WESTON COMMUNITY TRANSPORT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Community Transport South West Ltd | £1.0m | — | 0 | below | — | no doubt |
| SOUTHMEAD DEVELOPMENT TRUST | £4.3m | more than £60,000 | 1 | unclear | — | no doubt |
| COMMUNITY TRANSPORT (SWADLINCOTE) | £250k | — | 0 | unclear | — | no doubt |
| COMMUNITY SOUTHWARK | £1.2m | — | — | below | — | no doubt |
| MENDIP COMMUNITY TRANSPORT | £996k | — | 0 | within | — | no doubt |
| COMMUNITY TRANSPORT SOUTH WILTSHIRE | £248k | — | 0 | within | — | no doubt |