HEACHAM YOUTH AND COMMUNITY TRUST LIMITED
The objectives and aims of the charity are to promote the benefit of the inhabitants, in particular but not exclusively the youth, of Heacham in the county of Norfolk and the immediate neighbourhood, without distinction, and, but not necessarily, in association or conjunction with voluntary and other organisations with the same intent.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £505,831, an increase from £493,665 the previous year. The trustees note that the charity is entirely dependent on donor funding and investment income, which are subject to fluctuation. The filing confirms the charity is prepared on a going concern basis with adequate resources for the foreseeable future.
What the accounts disclose
“The trustees believe that the charity should hold core financial reserves at a level consistent with the donations received to date because it has no endowment funding and is therefore entirely dependant on the income arising from the investment of its reserves and upon the donor funding from year to year, both of which are inevitably subject to fluctuation.” — page 4
Property (HM Land Registry)
Trustees
- MICHAEL EDWARD JENNINGSchair
- DAVID PAGE
- David John Curtis
- GARY RICHARD PEARCE
- Mark Pishorn
- PETER KELVIN SUTTON
- REBECCA MARY WHYBROW
- Richard James Dix
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £27k | £15k |
| 31/05/2024 | £27k | £15k |
| 31/05/2023 | £98k | £33k |
| 31/05/2022 | £28k | £40k |
| 31/05/2021 | £19k | £11k |
Common questions
Is HEACHAM YOUTH AND COMMUNITY TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £505,831, an increase from £493,665 the previous year. The trustees note that the charity is entirely dependent on donor funding and investment income, which are subject to fluctuation. The filing confirms the charity is prepared on a going concern basis with adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.