GREAT TORRINGTON TOWN AND LANDS CHARITY
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net reduction in total funds of £1,288,832, bringing year-end funds to £9,722,872, primarily due to investment market downturns. Despite this reduction, the trustees confirm the charity remains financially strong and secure, with unrestricted reserves of £267,621 considered appropriate for its size and complexity.
What the accounts disclose
“The Charity made payment of £2,500 (2024: £2,000) to Tarka Valley Railway. Mr D Smith was a trustee of both charities.” — page 28
“The Charity made payment of £3,414 (2024: £5,000) to Torrington Rugby Club. Mr M Hoare is the Chairman of the club.” — page 28
“The Charity made payment of £2,500 (2024: £2,000) to Tarka Valley Railway. Mr D Smith was a trustee of both charities.” — page 28
“The Charity made payment of £3,414 (2024: £5,000) to Torrington Rugby Club. Mr M Hoare is the Chairman of the club.” — page 28
“The Charity made payment of £2,500 (2024: £2,000) to Tarka Valley Railway. Mr D Smith was a trustee of both charities.” — page 28
“The Charity made payment of £3,414 (2024: £5,000) to Torrington Rugby Club. Mr M Hoare is the Chairman of the club.” — page 28
Trustees
- Paul David Cockmanchair
- Dr Rosemary Ann Natalie Hedinsson
- KEELEY ELLEN ELIZABETH ALLIN
- Lynne Goodman
- Martyn Andrew Hoare
- Rev Stephen Ronald Turner
- Richard Llewellyn Harry Rumbold
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £268k | £355k |
| 31/03/2024 | £267k | £230k |
| 31/03/2023 | £361k | £429k |
| 30/09/2021 | £258k | £140k |
| 30/09/2020 | £231k | £173k |
Common questions
Is GREAT TORRINGTON TOWN AND LANDS CHARITY financially healthy?
The accounts state that the charity recorded a net reduction in total funds of £1,288,832, bringing year-end funds to £9,722,872, primarily due to investment market downturns. Despite this reduction, the trustees confirm the charity remains financially strong and secure, with unrestricted reserves of £267,621 considered appropriate for its size and complexity. Its FY2025 accounts were audited by Westcotts (SW) LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SOIMECH NOIFLIM | 1 | £329k |
| RONTADES LIMITED | 1 | £84k |
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | 1 | £10k |
| COMMUNITY COUNCIL OF DEVON | 1 | £3k |