Cornelly Development Trust
An integrated ?one stop? resource centre for the community of Cornelly and surrounding districts, supporting, providing and developing facilities which promote education, employment and social interaction for local residents. Managing volunteer opportunities, community events, running Job Clubs and offering training courses.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net operating loss of £18,730 for the year ended 31 March 2025, resulting in a decrease in total charity funds to £227,088. The filing confirms the company is a micro-entity exempt from audit requirements under the Companies Act 2006. Total net assets decreased from £270,000 in the prior year, reflecting the current year's deficit.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Annette Jean Pritchard
- Craig Anthony Lambourne
- Nicola Sheppard
- Paisley Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £211k | £230k |
| 31/03/2024 | £159k | £187k |
| 31/03/2023 | £240k | £273k |
| 31/03/2022 | £129k | £178k |
| 31/03/2021 | £148k | £99k |
Common questions
Is Cornelly Development Trust financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net operating loss of £18,730 for the year ended 31 March 2025, resulting in a decrease in total charity funds to £227,088. The filing confirms the company is a micro-entity exempt from audit requirements under the Companies Act 2006. Total net assets decreased from £270,000 in the prior year, reflecting the current year's deficit.
Who funds Cornelly Development Trust?
Funders whose own accounts filings name Cornelly Development Trust as a grant recipient include HEART RESEARCH UK, WELSH CHURCH ACT FUND WITHIN THE AREAS OF RHONDDA CYNON TAFF, BRIDGEND AND MERTHYR TYDFIL COUNTY BOROUGH COUNCILS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HEART RESEARCH UK | FY2023 | £11k | Project: Pulse |
| WELSH CHURCH ACT FUND WITHIN THE AREAS OF RHONDDA CYNON TAFF, BRIDGEND AND MERTHYR TYDFIL COUNTY BOROUGH COUNCILS | FY2024 | £2k | |
| HEART RESEARCH UK | FY2025 | £2k | Healthy Heart Grant |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/04/2024 | £18k | ReFab |
| Postcode Lottery | 29/03/2024 | £25k | Unrestricted Funding |
| The National Lottery Community Fund | 26/09/2022 | £10k | All About You |