CHICHESTER COMMUNITY DEVELOPMENT TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit in free/unrestricted reserves of £215,954, despite total group income rising to £2.8 million. The trustees acknowledge this deficit arises from cash flow timing but confirm the charity remains able to meet its obligations as they fall due. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“There was one employee with emoluments (excluding employer pension costs) in the region £70,000 to £80,000 in the current year” — page 21
“There was one employee with emoluments (excluding employer pension costs) in the region £70,000 to £80,000 in the current year (2024: No employees received emoluments above £60,000).” — page 21
“At the balance sheet date the charity had total funds of £5,794,792 with restricted funds of £2,630,225 and fixed assets of £3,380,521 the charity’s free reserves were a deficit of £215,954.” — page 7
“Additionally, during the year the charity's subsidiary (Connecting Spaces Limited) paid a member of the charity's key management personnel £7,866 (2024: £21,400) for consultancy and project management services.” — page 21
“The child of a member of the charity's key management personnel was employed by the subsidiary and received employee benefits totalling £367 (2024: £1,241) during the year under review.” — page 21
“Additionally, during the year the charity's subsidiary (Connecting Spaces Limited) paid a member of the charity's key management personnel £7,866 (2024: £21,400) for consultancy and project management services.” — page 21
“The child of a member of the charity's key management personnel was employed by the subsidiary and received employee benefits totalling £367 (2024: £1,241) during the year under review.” — page 21
“The results of the charity's wholly owned subsidiary (Connecting Spaces Ltd) are consolidated on a line by line basis” — page 16
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Susan Jameschair
- John Eagles
- Jonathan Brown
- Mike Robbins
- Nicky Dodds
- Sophie Hamnett
- Tony Cross
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.8m | £1.1m |
| 31/03/2024 | £1.4m | £1.6m |
| 31/03/2023 | £535k | £658k |
| 31/03/2022 | £2.1m | £703k |
| 31/03/2021 | £1.5m | £367k |
Common questions
Is CHICHESTER COMMUNITY DEVELOPMENT TRUST financially healthy?
The accounts state that the charity reported a deficit in free/unrestricted reserves of £215,954, despite total group income rising to £2.8 million. The trustees acknowledge this deficit arises from cash flow timing but confirm the charity remains able to meet its obligations as they fall due. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Blue Spire Limited.
What does the highest-paid employee of CHICHESTER COMMUNITY DEVELOPMENT TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 05/12/2023 | £1.4m | "Heritage Enterprise: The Marchwell Studios Project" |
| The National Lottery Heritage Fund | 20/07/2020 | £35k | "COVID19: Chichester Community Development Trust" |
| The National Lottery Heritage Fund | 05/09/2017 | £1.4m | "Heritage at the Heart of Graylingwell" |
| The National Lottery Heritage Fund | 12/04/2016 | £10k | "Graylingwell Chapel Project" |
| The National Lottery Heritage Fund | 18/11/2013 | £99k | "Graylingwell Heritage Project" |