TORBAY LADIES LOUNGE CIO
Ladies Lounge is a "women's-only drop in" in the centre of Torquay set up to support the most vulnerable women in Torbay in need of emotional support, advice and information
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with unrestricted reserves of £1,229, which is below the trustees' stated policy target of holding funds to cover three months of running costs. The trustees expressed hope that reserves would reach the target level by March 2026 following additional funding and a reduction in overheads.
What the accounts disclose
“We hold unrestricted balances at the Bank of approximately £1,229. The trustees have reviewed the reserves policy and are now seeking to hold enough funds to cover running costs for a period of three months.” — page 3
Trustees
- Rosalind Dianne Ede
- Rosemary Wilkinson
- Sylvie Hynes
- Trishyah Mathe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £41k |
| 31/03/2024 | £16k | £45k |
| 31/03/2023 | £11k | £35k |
| 31/03/2022 | £52k | £20k |
| 31/03/2021 | £16k | £13k |
Common questions
Is TORBAY LADIES LOUNGE CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with unrestricted reserves of £1,229, which is below the trustees' stated policy target of holding funds to cover three months of running costs. The trustees expressed hope that reserves would reach the target level by March 2026 following additional funding and a reduction in overheads. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 24/09/2020 | £2k | VSCE CMC Fund |
| UK government | 02/10/2018 | £7k | Tampon Tax Community Fund |