TRINITY TRUST TEAM
TTT pursues a united and growing vision for God's work with young people; to work together to witness, to nurture in faith and mentor young people by:Providing a consistent Christian presence and role model for young people in our schoolsUndertaking Church based work that sees young people brought to and nurtured in their Christian faithCoordinating and developing community based youth work
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £6,208 for the year, resulting in total funds of £83,842. The trustees note that unrestricted reserves are around £82,000, representing over 12 months of operating income, and confirm that funding levels remained supportive of the charity's vision. However, the trustees acknowledge a risk that if reserves and current income become insufficient, they may need to close down the charity in an orderly fashion.
What the accounts disclose
“The unrestricted reserves of TTT are around £82,000 representing over 12 months of operating income and over twelve months of budget deficit. The Directors do not consider these reserves to be excessive and are committed to using these funds if the annual budget deficit cannot be met form other sources.”
“Should it become apparent that a combination of reserves and current income are no longer sufficient to support the charity on an ongoing basis the Directors can act to close down the charity in an orderly fashion.” — page 4
Trustees
- FIONA CLARE AUGUST
- Simon Callaghan
- Siobhan Walsh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £93k | £83k |
| 31/12/2023 | £78k | £87k |
| 31/12/2022 | £67k | £63k |
| 31/12/2021 | £84k | £68k |
| 31/12/2020 | £90k | £78k |
Common questions
Is TRINITY TRUST TEAM financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £6,208 for the year, resulting in total funds of £83,842. The trustees note that unrestricted reserves are around £82,000, representing over 12 months of operating income, and confirm that funding levels remained supportive of the charity's vision. However, the trustees acknowledge a risk that if reserves and current income become insufficient, they may need to close down the charity in an orderly fashion. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/10/2019 | £100k | Trinity Trust Team: Meeting young people at their point of need |