COMMONWORK TRUST
Financial health, per its FY2025 accounts
The accounts state that the Trust returned a loss of £27,300 for the year, a significant improvement from the previous year's loss of £779,000, largely due to the full integration of the dairy farm accounts. The Trustees consider expendable reserves of £461,670 to be adequate to cover three months' running costs, indicating sufficient liquidity for short-term operations despite the overall net loss.
What the accounts disclose
“The Trustees consider the expendable reserves to be its net current assets and readily realisable investments amounting to £461,670 (2024: £437,807, as restated). The Trustees have satisfied themselves that the expendable reserves are adequate to cover 3 months’ running costs plus a provision for any advanced income monies held.” — page 46
“The Trust’s investment in its unlisted subsidiary, Commonwork Organic Farms Limited, is aimed at producing a return from rental and trading surpluses while also maintaining the value of the Trust’s real estate.” — page 46
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (08/07/2015)
- Received assets from another charity (08/07/2015)
Trustees
- Antonia Challis Dixey
- Dr Linda Davis
- Emma Renals
- Francine Blythe
- Jaskeran Rai
- Martin Dunn
- Nigel Edward Wates
- William Graham Waterfield
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.5m | £2.5m |
| 31/03/2024 | £1.4m | £1.7m |
| 31/03/2023 | £1.7m | £1.8m |
| 31/03/2022 | £1.3m | £1.2m |
| 31/03/2021 | £1.1m | £569k |
Common questions
Is COMMONWORK TRUST financially healthy?
The accounts state that the Trust returned a loss of £27,300 for the year, a significant improvement from the previous year's loss of £779,000, largely due to the full integration of the dairy farm accounts. The Trustees consider expendable reserves of £461,670 to be adequate to cover three months' running costs, indicating sufficient liquidity for short-term operations despite the overall net loss. Its FY2025 accounts were audited by Azets Audit Services.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 11/03/2024 | £247k | "People and Nature Together" |