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SOMERDALE PAVILION TRUST

Registered charity 1182426 · accounts filings on the Charity Commission register

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Latest income
£1.3m
Latest spending
£1.1m
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a financial surplus of £150,414 for the year ended 31 December 2024, with total income of £1,293,552 against total expenditure of £1,143,138. The trustees report that unrestricted reserves stood at £637,000, which is above the stated policy target of £284,000. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: three month’s operating expenditure (held: £637k)
“The Trusts’ policy is to maintain unrestricted reserves equivalent to three month’s operating expenditure, which at this stage of the SPT’s operation would be £284K.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Bishop Fleming LLP. Discloses 5 of 6 completeness components.

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

Total income
£1.3m
Total spending
£1.1m
Reserves (reported)
£637k
Employees
35

Reported reserves equal ~6.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Bath And North East Somerset · Somerset

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£1.1m
31/12/2023£1.3m£1.1m
31/12/2022£981k£866k
31/12/2021£696k£605k
31/12/2020£651k£590k

Common questions

Is SOMERDALE PAVILION TRUST financially healthy?

The accounts state that the charity achieved a financial surplus of £150,414 for the year ended 31 December 2024, with total income of £1,293,552 against total expenditure of £1,143,138. The trustees report that unrestricted reserves stood at £637,000, which is above the stated policy target of £284,000. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Bishop Fleming LLP.