ARDAGH COMMUNITY TRUST
To provide facilities in the interests of social welfare for recreation and leisure time occupation at the Ardagh site, with the objective of improving the conditions of life for the people who live and work in the Horfield Common area.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £328,234 against a policy target of three months' running costs, indicating a strong financial position. The charity reported a net surplus of £7,759 for the year, with total income decreasing from the prior year due to a drop in external grant funding. The trustees confirm that resources are adequate to continue operations on a going concern basis.
What the accounts disclose
“The Trustees consider it prudent to maintain a minimum level of general unrestricted reserves equivalent to at least three months’ in-house running costs.” — page 10
“Recharged expenditure to Horfield Common Community Interest Company of £22,535 (2024 :£43,697) during the year. At the year end, Horfield Common Community Interest Company owed £82,745 to Ardagh Community Trust (2024: £72,162 owed to)” — page 27
Property (HM Land Registry)
Trustees
- Lindsey Fullerchair
- Charles Newman
- Fiona Wright
- Helena Milton-Thompson
- James Robert Francey
- Lucy Patricia Eyre
- Neil Gokani
- PETER WALKER
- Victoria Kaye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £69k | £61k |
| 31/03/2024 | £109k | £108k |
| 31/03/2023 | £85k | £76k |
| 31/03/2022 | £85k | £48k |
| 31/03/2021 | £133k | £65k |
Common questions
Is ARDAGH COMMUNITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £328,234 against a policy target of three months' running costs, indicating a strong financial position. The charity reported a net surplus of £7,759 for the year, with total income decreasing from the prior year due to a drop in external grant funding. The trustees confirm that resources are adequate to continue operations on a going concern basis. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/03/2023 | £10k | The Ardagh Community Coronation Celebration! |