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TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES

Registered charity 1142744 · accounts filings on the Charity Commission register · also known as TEIGNBRIDGE CVS

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Latest income
£1.1m
Latest spending
£1.2m
Registered
2011
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £56,541 for the year ended 31 March 2025, a reversal from the previous year's surplus. Per the trustees' report, unrestricted reserves of £590,323 remain in excess of the stated policy target of six months' running costs, providing adequate resources to continue in operational existence.

What the accounts disclose

Reserves policy: six months running costs and calculated redundancy and closure costs (held: £590k)
“The Charity's policy on reserves is to maintain unrestricted funds of six months running costs and calculated redundancy and closure costs.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity purchased resources from the Moorland Community Care Group of £33,882 in the period 1 April 2023 to 31 August 2023 for which Mr Robert Bradshaw, Trustee, also acted as a Trustee until 31 August 2023. All transactions were at market value.
“In the comparative period the Charity purchased resources from the Moorland Community Care Group of £33,882 in the period 1 April 2023 to 31 August 2023 for which Mr Robert Bradshaw, Trustee, also acted as a Trustee until 31 August 2023. All transactions were at market value.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Darnells Audit Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£122k
Total spending
£1.2m
Reserves (reported)
£0
Employees
17

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

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Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/03/2025£1.1m£1.2m
31/03/2024£1.3m£1.2m
31/03/2023£987k£1.1m
31/03/2022£1.1m£933k
31/03/2021£1.0m£920k

Common questions

Is TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES financially healthy?

The accounts state that the charity reported a net deficit of £56,541 for the year ended 31 March 2025, a reversal from the previous year's surplus. Per the trustees' report, unrestricted reserves of £590,323 remain in excess of the stated policy target of six months' running costs, providing adequate resources to continue in operational existence. Its FY2025 accounts were audited by Darnells Audit Limited.