WOODBRIDGE RIVERSIDE TRUST
TO PROTECT, PRESERVE AND ENHANCE THE CHARACTER OF THE NATURAL AND BUILT ENVIRONMENT THE DEBEN RIVERSIDE, AND TO PROMOTE THE MARITIME HERITAGE OF WOODBRIDGE, FOR THE BENEFIT OF THE PUBLIC
Financial health, per its FY2024 accounts
The accounts state that the charity reported an overall deficit of £11,119 for the year ended 31 December 2024, driven by a deficit in unrestricted funds partially offset by a surplus in restricted funds. Free unrestricted reserves excluding tangible assets stood at £15,645, which is below the stated policy target of £40,000. The trustees confirm adequate resources for the foreseeable future, noting reliance on grants and cost savings to cover funding shortfalls.
What the accounts disclose
“we have seen an overall gross profit increase to 41.4% compared to 32.8% for 2023.”
“A target for reserves of £40,000 has been established in line with Trust policy: 1) to protect The Longshed from any potential risks considered to be of sufficient magnitude to impact the charity and The Longshed operations and 2) to build a fund to cover future projects to ensure the future viability of the charity.” — page 6
“During the year ended 31 December 2024 unrestricted donations totalling £720 were received from four of the trustees. Restricted donations of £1,350 were received from three trustees.” — page 21
“Reimbursement totalling £643 was made to three trustees for expenditure incurred on behalf of the charity relating to marketing, events and repairs.” — page 21
“During the year ended 31 December 2024 unrestricted donations totalling £720 were received from four of the trustees. Restricted donations of £1,350 were received from three trustees.” — page 21
“Reimbursement totalling £643 was made to three trustees for expenditure incurred on behalf of the charity relating to marketing, events and repairs.” — page 21
Property (HM Land Registry)
Trustees
- Anne Day
- Nancy McFall Clay
- Patricia Clark
- Richard Alexander Lyon
- Teresa Susan Bale
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £68k | £79k |
| 31/12/2023 | £65k | £79k |
| 31/12/2022 | £73k | £65k |
| 31/12/2021 | £83k | £45k |
| 31/12/2020 | £50k | £24k |
Common questions
Is WOODBRIDGE RIVERSIDE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an overall deficit of £11,119 for the year ended 31 December 2024, driven by a deficit in unrestricted funds partially offset by a surplus in restricted funds. Free unrestricted reserves excluding tangible assets stood at £15,645, which is below the stated policy target of £40,000. The trustees confirm adequate resources for the foreseeable future, noting reliance on grants and cost savings to cover funding shortfalls. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 30/06/2025 | £25k | Millionaire Street 2025 06w1 |