THE SPACE
To preserve and protect the mental health of children and young people, in particular, but not exclusively aged between 4-18 living in the Cheddar Valley, Somerset through:a) The provision of one to one counselling, support, advice and information;b) Recreational and leisure time activities.
Financial health, per its FY2026 accounts
The accounts state that the charity reported a deficit for the year of £2,006, resulting in total funds of £66,298. The trustees confirmed they have a reserves policy to cover three months of unexpected operating costs. Per the independent examiner's report, no material matters were identified that would cause concern regarding the financial statements.
What the accounts disclose
“The Trustees of The Space CIO unanimously confirm that they adopt a Reserves Policy to provide reserves provision to cover three months unexpected operating costs at the 2026 forecast level of expenditure.” — page 11
“The building from which the charity operates is owned by a member of key management. During the year, the charity paid rent and associated costs totalling £16,500 to the landlord.” — page 18
Trustees
- Dr John Pimblottchair
- Dr Stephen Kite
- Ian James Biggs
- Sandra Legg
- Suzanne Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £279k | £281k |
| 31/03/2025 | £193k | £260k |
| 31/03/2024 | £190k | £152k |
| 31/03/2023 | £167k | £116k |
| 31/03/2022 | £74k | £81k |
Common questions
Is THE SPACE financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported a deficit for the year of £2,006, resulting in total funds of £66,298. The trustees confirmed they have a reserves policy to cover three months of unexpected operating costs. Per the independent examiner's report, no material matters were identified that would cause concern regarding the financial statements. Its FY2026 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Somerset Community Foundation | 19/02/2025 | £5k | Contribution to salary of play therapist working with disadvantaged children in the Cheddar Valley area |
| Somerset Community Foundation | 14/02/2025 | £10k | Support to members of the local community who need additional help during the winter. |
| Somerset Community Foundation | 14/03/2024 | £4k | Provide play therapists to enable a scheme to support children 8 and under in Cheddar |
| The National Lottery Community Fund | 30/08/2023 | £225k | Community of Support continuation |
| Somerset Community Foundation | 17/08/2023 | £5k | Core costs for a young people's mental health service in Cheddar |
| Postcode Lottery | 26/04/2022 | £19k | The Space Running Costs |
| Somerset Community Foundation | 07/04/2022 | £5k | Counselling and group activities for young people in the Cheddar area |
| Somerset Community Foundation | 29/03/2021 | £3k | Cheddar Youth Club |
| Somerset Community Foundation | 18/12/2020 | £2k | COVID19 Youth work provision in Cheddar |
| UK government | 28/07/2020 | £10k | Coronavirus Community Support Fund |
| Somerset Community Foundation | 05/06/2020 | £4k | COVID19 Virtual counselling for young people |