THE EAST LOOE TOWN TRUST

Registered charity 1166934 · accounts filings on the Charity Commission register

Management and maintenance of public access land and buildings on behalf of the people of Looe; maintaining and supporting the volunteer run museum; supporting pensioners, disabled persons, children and young people etc. in Looe by the provision of facilities, equipment and/or grants according to need and available resources.

Causes: Education/training · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Amateur Sport · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£569k
Latest spending
£275k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds significant unrestricted free reserves of £39,212 alongside designated funds of £200,000, resulting in total unrestricted funds of £3,812,897. The trustees confirm that financial controls comply with Charity Commission guidance and that the system is adequate, with no material uncertainties identified regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £3.8m)
“The property reserve is at the lower end of the intended range of reserves following the significant expenditure in the current year.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursement of costs for hire of a Portable Lighting Tower to Tanner Trading, a company controlled by Trustee Mr S Tanner.
“During the year the Trust reimbursed Tanner Trading, a company controlled by Mr S Tanner, for the cost of the hire of a Portable Lighting Tower for use on the D-Day Wooldown event for the Trust in the amount of £352. No balance was outstanding at the year end. Mr Tanner was able to hire the equipment at a lower cost than the Trust by virtue of his company's account with the equipment hire company and was only reimbursed the cost he paid which benefitted the Trust. Mr Tanner and Mr Gibson are also Trustees of Looe Lions which benefited from a donation of £200 in the year and was approved by remaining Trustees.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Westcotts (SW) LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — East Looe Town trust (matched by registered charity number).

Property (HM Land Registry)

7 registered titles in England and Wales held by the charity’s company or corporate body (7 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£569k
Total spending
£275k
Reserves (reported)
£39k
Employees
4

Reported reserves equal ~1.7 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (51% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/12/2024£569k£275k
31/12/2023£273k£247k
31/12/2022£253k£359k
31/12/2021£262k£263k
31/12/2020£276k£210k

Common questions

Is THE EAST LOOE TOWN TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds significant unrestricted free reserves of £39,212 alongside designated funds of £200,000, resulting in total unrestricted funds of £3,812,897. The trustees confirm that financial controls comply with Charity Commission guidance and that the system is adequate, with no material uncertainties identified regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Westcotts (SW) LLP.

Who funds THE EAST LOOE TOWN TRUST?

Funders whose own accounts filings name THE EAST LOOE TOWN TRUST as a grant recipient include WEST LOOE TOWN TRUST, CAREW POLE CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
WEST LOOE TOWN TRUSTFY2025£3k
CAREW POLE CHARITABLE TRUSTFY2022£1k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund07/10/2004£5kEnvironmental survey

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE GUILD ESTATE ENDOWMENT1£4.5m
COLLEGE ESTATE ENDOWMENT1£2.0m
THE PENCHANT FOUNDATION1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with EAST AND WEST LOOE HARBOUR AND BRIDGE CHARITIES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE EAST LOOE TOWN TRUST£569k—0below—no doubt
EAST AND WEST LOOE HARBOUR AND BRIDGE CHARITIES FY2025£1.5m——unclear—no doubt
WEST LOOE TOWN TRUST FY2025£308k—0above—no doubt
SEFTON PARK PALM HOUSE PRESERVATION TRUST FY2025£981k£60,001 - £70,0001unclear—no doubt
ASTON - MANSFIELD CHARITABLE TRUST FY2025£1.2m—0unclear—no doubt
LYTHAM TOWN TRUST LIMITED FY2025£194k—0within—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.