St Elvan's Community Heritage Trust
Latest income
£352k
Latest spending
£236k
Registered
2024
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income surplus of £116,524 for the period, with total unrestricted funds of £54,915. However, the trustees note that covering the significant ongoing costs of the building remains a challenge and that continued funding support is likely needed to maintain charitable objectives.
What the accounts disclose
Reserves policy: an excess of its projected needs for the forthcoming months, thereby providing sufficient funds to cover our fixed costs (held: £55k)
“It is the policy of the charity to maintain unrestricted funds, which are free reserves of the charity, at levels which equate to an excess of its projected needs for the forthcoming months, thereby providing sufficient funds to cover our fixed costs.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The main challenge currently is how to cover the significant ongoing costs of running a large, busy building while maintaining the Trust’s charitable objectives. The Trustees are working on a strategy which will address this for the longterm, but funding support from a range of sources is very likely to continue to be needed.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity paid £17,263 for coffee shop supplies to Bradleys Coffee Limited, a company in which James Bradley is a director and shareholder.
“During the financial year the charity paid £17,263 for coffee shop supplies to Bradleys Coffee Limited, a company in which James Bradley is a director and shareholder. The contract was awarded on an arm’s-length basis and Mr Bradley has no direct involvement with either the ordering, approval or payment processes. At the year-end, £1,551 was owed to Bradleys Coffee Limited and is included in creditors.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Ian Simon Jenkins
- James Robert Bradley
- Rev Hywel Geraint Snook
- Rev Peter David Godsall
- Roderick Martyn Jenkins BA, DipM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £352k | £236k |
Common questions
Is St Elvan's Community Heritage Trust financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income surplus of £116,524 for the period, with total unrestricted funds of £54,915. However, the trustees note that covering the significant ongoing costs of the building remains a challenge and that continued funding support is likely needed to maintain charitable objectives. Its FY2025 accounts were independently examined.