TORBAY COMMUNITY DEVELOPMENT TRUST LTD
Registered charity 1140896 · accounts filings on the Charity Commission register · also known as COMMUNITY AND VOLUNTARY ACTION TORBAY · listed website unreachable when last crawled
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £288,493 for the year ended 31 March 2024, resulting in total funds decreasing from £960,341 to £671,848. The trustees confirmed that unrestricted reserves of £164,782 are sufficient to cover operational costs for approximately three months, maintaining a going concern basis. The charity is reliant on grant funding and has identified financial risks regarding its ability to become financially sustainable from April 2024.
What the accounts disclose
Reserves policy: three months of unrestricted expenditure (held: £165k)
“The charity needs to maintain a general reserve (Unrestricted General Fund) to enable services to continue uninterrupted for approximately three months” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Services provided to What's Your Problem C.I.C.
“The charitable company has provided services to the above company for a fee of £2,093.” — page 45
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Accendo Consulting Ltd.
Public fundraising profile: JustGiving — Torbay Community Development Trust (matched by registered charity number).
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~0.8 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Register events
- Received assets from another charity (13/11/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (13/09/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (24/01/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustees
- Angie Manning
- Jo Colin
- Katie Chivers · trustee of 1 other charity
- MR Jim Parker · trustee of 2 other charities
- Matthew Newbury
- Roger Higman
- Sarah Jane Ellender Martin
Trustee list from the Charity Commission register (current, not historical).
Operates in: Torbay
Income and spending
Common questions
Is TORBAY COMMUNITY DEVELOPMENT TRUST LTD financially healthy?
The accounts state that the charity reported a net deficit of £288,493 for the year ended 31 March 2024, resulting in total funds decreasing from £960,341 to £671,848. The trustees confirmed that unrestricted reserves of £164,782 are sufficient to cover operational costs for approximately three months, maintaining a going concern basis. The charity is reliant on grant funding and has identified financial risks regarding its ability to become financially sustainable from April 2024. Its FY2024 accounts were audited by Accendo Consulting Ltd.
Who funds TORBAY COMMUNITY DEVELOPMENT TRUST LTD?
Funders whose own accounts filings name TORBAY COMMUNITY DEVELOPMENT TRUST LTD as a grant recipient include COMMUNITY COUNCIL OF DEVON.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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