TORBAY COMMUNITY DEVELOPMENT TRUST LTD
Registered charity 1140896 · accounts filings on the Charity Commission register · also known as COMMUNITY AND VOLUNTARY ACTION TORBAY
Umbrella organisation to support voluntary and community organsations
Causes: General Charitable Purposes · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £124,725 are below the trustees' stated policy target of maintaining three months of unrestricted expenditure. The charity reported a net movement in funds of £778,582, driven by significant restricted income, resulting in total net assets of £1,450,431. The trustees confirmed adequate resources for going concern, noting that the shortfall in general reserves is planned to be recovered within the 2025/26 budget.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £125k; policy: three months of unrestricted expenditure)
“The shortfall in general reserves has been accounted for and is planned to be recovered within the 2025/26 budget.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One trustee received payment for services provided to Local Motion.
“During the year, one Trustee, Katie Chivers, received payment for services provided to Local Motion” — page 40
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Spindl CIC
“Through our trading wing – Spindl CIC – we have shared our learning to influence new national policy”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Albert Goodman LLP. Discloses 5 of 6 completeness components.
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).
Per its annual return, largest income source: Charitable activities (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (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.
- 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?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £124,725 are below the trustees' stated policy target of maintaining three months of unrestricted expenditure. The charity reported a net movement in funds of £778,582, driven by significant restricted income, resulting in total net assets of £1,450,431. The trustees confirmed adequate resources for going concern, noting that the shortfall in general reserves is planned to be recovered within the 2025/26 budget. Its FY2025 accounts were audited by Albert Goodman LLP.
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
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
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Semantically similar by activities and financial character, from our analysed corpus. Compare with BARTON ACORN YOUTH, COMMUNITY AND SPORTS CENTRE.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.