ADUR AND WORTHING TRUST LIMITED
The advancement of arts,culture and heritage for the public benefit in the District of Adur and the Borough of Worthing
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £57,926, representing a surplus for the period. However, the trustees note that the charity expects a deficit of around £15,000 in the coming year and cannot continue its current contribution levels indefinitely. The continuation of the charity's main activity is dependent on securing increased income from the local council.
What the accounts disclose
“The Trust has sufficient reserves to meet its contribution to WBC in the current year. Any further modest contribution would only be made if it could be afforded.” — page 5
“Based on the future developments sections and the current level of reserves that the Trust holds, the Trustees consider that they have a sufficient level of reserves to continue the charity’s operations for a period of at least 12 months from the signing of the accounts and therefore the Trustees have concluded that it remains appropriate for the accounts to be prepared on the going concern basis.” — page 5
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2025).
Corporate structure
- Registered company of the charity Companies House 07810467
Company officers (Companies House)
- JOVANOVIC, Slavka on trustee list
- PAILTHORPE, Mike not on trustee list
- SHAW, Angela Cameron on trustee list
- GILLHAM, Thomas on trustee list
- PRESSLEY, Neville James on trustee list
- SIMPORIS DOUGLAS, Karen Elizabeth not on trustee list
Trustees
- Angela Cameron Shaw
- KAREN ELIZABETH SIMPORIS
- Michael Desmond Pailthorpe
- Neville Pressley
- Slavka Jovanovic
- Thomas Gillham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £100k | £99k |
| 31/10/2023 | £61k | £61k |
| 31/10/2022 | £64k | £63k |
| 31/10/2021 | £63k | £56k |
| 31/10/2020 | £59k | £51k |
Common questions
Is ADUR AND WORTHING TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £57,926, representing a surplus for the period. However, the trustees note that the charity expects a deficit of around £15,000 in the coming year and cannot continue its current contribution levels indefinitely. The continuation of the charity's main activity is dependent on securing increased income from the local council. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BANISTER CHARITABLE TRUST | 1 | £341k |
| THE MASTER CHARITABLE TRUST | 1 | £275k |
| THE ELIZABETH CAYZER CHARITABLE TRUST | 1 | £95k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £74k |
| THE EARL FITZWILLIAM CHARITABLE TRUST | 1 | £53k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £50k |
| THE LORD FARINGDON CHARITABLE TRUST | 1 | £25k |
| THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK | 1 | £13k |
Charities like this
- WANDSWORTH CITIZENS ADVICE BUREAUX LIMITED
- SANGAT TRUST
- WESSEX ARCHAEOLOGY LIMITED
- THE ST ANDREW'S SCHOOL TRUST
- PEARSONS AND ST ELIZABETHS COTTAGE HOMES
- WORTH PARK PLAYGROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ADUR AND WORTHING TRUST LIMITED | £100k | — | 0 | above | — | noted |
| WANDSWORTH CITIZENS ADVICE BUREAUX LIMITED | £2.2m | — | — | above | — | no doubt |
| SANGAT TRUST | £848k | — | 0 | unclear | — | no doubt |
| WESSEX ARCHAEOLOGY LIMITED | £27.7m | — | — | unclear | — | no doubt |
| THE ST ANDREW'S SCHOOL TRUST | £2.2m | — | — | above | — | no doubt |
| PEARSONS AND ST ELIZABETHS COTTAGE HOMES | £511k | — | 0 | unclear | — | no doubt |