SEVERN CENTRE TRUST LTD
Community Centre, Library and recreational facilities, including sports fields, tennis courts and fitness suit.
Objects
5. The objects of the Charity are to carry out the following for the benefit of the community within the areas of Herefordshire, the Parish of Highley and the surrounding neighbourhoods, and such other areas as the Directors shall determine from time to time:(a) To provide or assist in the provision of facilities for recreation or other leisure time occupation in the interests of social welfare with the intention of improving the conditions of life of those using the facilities;(b) To organise events for recreation or leisure time occupation in the interests of social welfare with the objects of improving the conditions of life of those engaging in them;(c) To relieve the needs of people who are elderly, sick or who have physical or mental disabilities, or who are from socially disadvantaged backgrounds through the provision of recreational and leisure time activities;(d) To promote and preserve good health amongst the population through exercise and sport;(e) To promote physical education and development amongst pupils and students of schools, colleges or establishments for the provision of further or higher education; (f) To advance education through the provision of libraries and other community and cultural facilities; and(g) To carry out any other charitable activity subject to the prior written consent of the Charity Commission for England and Wales,(“the Objects”).
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a surplus on unrestricted funds for the year ended 31 December 2024, with total funds decreasing slightly from £1,995,598 to £1,944,557 due to a deficit in restricted funds. The trustees confirm that the organization is a going concern with sufficient budgeted income and reserves to continue operations. Unrestricted reserves stood at £75,265, which is above the stated minimum policy requirement of £60,000.
What the accounts disclose
“The current policy is the unrestricted funds not committed or invested in tangible assets held by the trust should be between six and thirteen weeks of the trust's annual expenditure on payroll costs, property operating expenses and administration expenses. If there was to occur a significant drop in funding, it has been identified that the trust will need to have access to unrestricted reserves with a current value of at least £60,000 which represents thirteen weeks of the trust's annual expenses.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 07219190 · Financial health read from its filings
- Average employees: 12
Company officers (Companies House)
- CAMPION, William Joseph on trustee list
- EDGINTON, Clare Elizabeth on trustee list
- WHELAN, Owen Ross on trustee list
- SALT, Mark Andrew William on trustee list
- HUXLEY, Jonathan George
Register events
- Received assets from another charity (24/10/2011)
Trustees
- Clare Edginton
- MARK ANDREW WILLIAM SALT
- Owen Ross Whelan
- WILLIAM JOSEPH CAMPION
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £289k | £280k |
| 31/12/2023 | £257k | £299k |
| 31/12/2022 | £245k | £321k |
| 31/12/2021 | £251k | £249k |
| 31/12/2020 | £172k | £230k |
Common questions
Is SEVERN CENTRE TRUST LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a surplus on unrestricted funds for the year ended 31 December 2024, with total funds decreasing slightly from £1,995,598 to £1,944,557 due to a deficit in restricted funds. The trustees confirm that the organization is a going concern with sufficient budgeted income and reserves to continue operations. Unrestricted reserves stood at £75,265, which is above the stated minimum policy requirement of £60,000. Its FY2024 accounts were audited by McCabe Ford Williams.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £294k |
| JOHN JACKSON CHARITABLE TRUST | 1 | £81k |
| THE SURREY CRICKET BOARD | 1 | £19k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £10k |
Charities like this
- COLBURN COMMUNITY SPORTS CENTRE
- DEBENHAM VILLAGE HALL AND PLAYING FIELD TRUST
- PRESTON NORTH END COMMUNITY AND EDUCATION TRUST
- WOLVERTON LEISURE TRUST
- EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED
- SOUTHWARK COMMUNITY SPORTS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SEVERN CENTRE TRUST LTD | £289k | — | 0 | unclear | — | no doubt |
| COLBURN COMMUNITY SPORTS CENTRE | £301k | — | 0 | unclear | — | no doubt |
| DEBENHAM VILLAGE HALL AND PLAYING FIELD TRUST | £753k | — | 0 | unclear | — | no doubt |
| PRESTON NORTH END COMMUNITY AND EDUCATION TRUST | £1.8m | £60,001 - £70,000 | 1 | above | — | no doubt |
| WOLVERTON LEISURE TRUST | £2.1m | — | 0 | above | — | no doubt |
| EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED | £229k | — | 0 | below | — | no doubt |