THE COLEBRIDGE TRUST LTD
Financial health, per its FY2024 accounts
The accounts state that the group made a surplus of £81,416 for the year ended 31 March 2024, increasing consolidated free reserves to £611,718. The trustees confirm that these reserves are above their stated policy target of three months' running costs. The auditors reported that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The board aspires to sustain free reserves above a level of three months running costs and this is currently the position.” — page 11
“Colebridge Enterprises Ltd is charged during the year for direct costs and management charges totalling £403,346 (2023 284,245) in respect of staff costs and overheads. All profits in the company are gift aided to the charity. The donation received in the year was £49,151.” — page 33
“The financial statements consolidate the results of the charity and its wholly owned subsidiary Colebridge Enterprises Ltd on a line-by-line basis.” — page 23
Leadership, per the charity’s website
- Chet Parmar — Chief Executive Officer
- Richard Clark — Chair of Trustees / Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Richard Clarkchair
- Andrew Potter
- Jennifer Timbrell
- June Mole
- Lisa Harrison
- Mandy Carless
- Manisha Sharma
- Philip Harrison
- Warren Albutt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.1m |
| 31/03/2024 | £1.1m | £997k |
| 31/03/2023 | £935k | £913k |
| 31/03/2022 | £1.1m | £1.0m |
| 31/03/2021 | £962k | £796k |
Common questions
Is THE COLEBRIDGE TRUST LTD financially healthy?
The accounts state that the group made a surplus of £81,416 for the year ended 31 March 2024, increasing consolidated free reserves to £611,718. The trustees confirm that these reserves are above their stated policy target of three months' running costs. The auditors reported that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Locke Williams Associates LLP.
Who funds THE COLEBRIDGE TRUST LTD?
Funders whose own accounts filings name THE COLEBRIDGE TRUST LTD as a grant recipient include THE BARROW CADBURY TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE BARROW CADBURY TRUST | FY2024 | £50k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LOUIS AND VALERIE FREEDMAN CHARITABLE SETTLEMENT | 1 | £10k |
| E F BULMER TRUST | 1 | £9k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF COBHAM IN THE DIOCESE OF GUILDFORD | 1 | £3k |
| ESHER GREEN BAPTIST CHURCH | 1 | £1k |