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REDCAR DEVELOPMENT TRUST

Registered charity 1144672 · accounts filings on the Charity Commission register · also known as RDT

?Using Coatham Memorial Hall to support community and social welfare groups ?Inflexions- a shop leased by the Trust to encourage and entice prospective start up businesses?Get fit to work; the aim of getting un and under employed young adults fit to work with the potential to progress to getting an apprenticeship with the employer

Causes: Economic/community Development/employment · website · Get email alerts

Latest income
£179k
Latest spending
£163k
Registered
2011
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Trust holds unrestricted reserves of £285,266, which is significantly above its stated policy target of around £5,000. The Trust reports a net income increase for the year and confirms it has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: around £5,000 (held: £285k)
“The Trust recognises the need to maintain adequate financial reserves, and it is the Trust's aim to have a reserves policy with a target level of around £5,000 to help towards its day-to-day operational costs.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

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

Operates in: Redcar And Cleveland

Income and spending

Financial year endIncomeSpending
31/07/2025£179k£163k
31/07/2024£171k£139k
31/07/2023£113k£126k
31/07/2022£117k£132k
31/07/2021£105k£114k

Common questions

Is REDCAR DEVELOPMENT TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the Trust holds unrestricted reserves of £285,266, which is significantly above its stated policy target of around £5,000. The Trust reports a net income increase for the year and confirms it has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.

Who funds REDCAR DEVELOPMENT TRUST?

Funders whose own accounts filings name REDCAR DEVELOPMENT TRUST as a grant recipient include THE BALLINGER CHARITABLE TRUST, The Teesside Charity, SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE BALLINGER CHARITABLE TRUSTFY2024£20k
THE BALLINGER CHARITABLE TRUSTFY2023£20k
The Teesside CharityFY2025£2kDirect costs
SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATIONFY2025£1k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund09/09/2024£20kFree Time Fun
The National Lottery Community Fund23/01/2020£1kCommunity Celebration
The National Lottery Community Fund24/01/2019£263kFuture Proofing Coatham Memorial Hall
The National Lottery Community Fund04/01/2017£10kCommunity Stage Refurbishment
The National Lottery Community Fund11/08/2016£10kForging Links
Community Foundation North East18/11/2015£5kTowards Running costs to develop activities and services for older people
The National Lottery Community Fund27/05/2015£8kGeneration Connect