WEST LOOE TOWN TRUST
The West Looe Town Trust applies the surplus income of the charity for the public benefit of the inhabitants of the area administered by the Looe Town Council in the County of Cornwall with a preference for residents and organisations in West Looe.
Latest income
£308k
Latest spending
£342k
Registered
1961
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds stood at £1,054,113 as of 31 December 2025, with total net assets of £8,166,120. The Trustees confirmed that the Trust has adequate resources to continue in operational existence for the foreseeable future, and the independent auditor reported no material uncertainties regarding going concern.
What the accounts disclose
Reserves policy: enough funds to meet any unidentified contingencies (held: £1.1m)
“The West Looe Town Trust will retain enough funds, always, to meet any unidentified contingencies such as, legal claims against the Trust, uninsured losses, repair and maintenance of assets including roads.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments totalling £8,343 were made for contractor services provided by close family members of the Trustee Colin Crabb, comprising £3,653 to Ben Crabb and £4,690 to John Crabb.
“Payments totalling £8,343 were made for contractor services provided by close family members of the Trustee Colin Crabb, comprising £3,653 to Ben Crabb and £4,690 to John Crabb. The services were provided on an arm's length basis and no amounts were outstanding at the year end.” — page 27
“Grants totalling £6,800 were awarded to organisations connected with Route2Events, and entity controlled by Mark Wilson, son of Trustee Keith Wilson. Having regard to the substance of the arrangements, these transactions have been treated as related party transactions.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants totalling £6,800 were awarded to organisations connected with Route2Events, an entity controlled by Mark Wilson, son of Trustee Keith Wilson.
“Payments totalling £8,343 were made for contractor services provided by close family members of the Trustee Colin Crabb, comprising £3,653 to Ben Crabb and £4,690 to John Crabb. The services were provided on an arm's length basis and no amounts were outstanding at the year end.” — page 27
“Grants totalling £6,800 were awarded to organisations connected with Route2Events, and entity controlled by Mark Wilson, son of Trustee Keith Wilson. Having regard to the substance of the arrangements, these transactions have been treated as related party transactions.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: A student grant donation totalling £500 was made to Bryony Crabb, daughter-in-law of Colin Crabb.
“Payments totalling £8,343 were made for contractor services provided by close family members of the Trustee Colin Crabb, comprising £3,653 to Ben Crabb and £4,690 to John Crabb. The services were provided on an arm's length basis and no amounts were outstanding at the year end.” — page 27
“Grants totalling £6,800 were awarded to organisations connected with Route2Events, and entity controlled by Mark Wilson, son of Trustee Keith Wilson. Having regard to the substance of the arrangements, these transactions have been treated as related party transactions.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: A student grant donation totalling £600 was made to Nicole Porter, daughter-in-law of Trustee Brian Porter.
“Payments totalling £8,343 were made for contractor services provided by close family members of the Trustee Colin Crabb, comprising £3,653 to Ben Crabb and £4,690 to John Crabb. The services were provided on an arm's length basis and no amounts were outstanding at the year end.” — page 27
“Grants totalling £6,800 were awarded to organisations connected with Route2Events, and entity controlled by Mark Wilson, son of Trustee Keith Wilson. Having regard to the substance of the arrangements, these transactions have been treated as related party transactions.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- COLIN FRANCIS CRABBchair
- BRIAN DAVID PORTER
- JAMES REGINALD DINGLE
- JOHN ARTHUR CURRAH
- KEITH GLENVILLE WILSON
- NICHOLAS DINGLE POPE
- Paul Richardson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £308k | £342k |
| 31/12/2024 | £293k | £230k |
| 31/12/2023 | £234k | £170k |
| 31/12/2022 | £229k | £182k |
| 31/12/2021 | £223k | £224k |
Common questions
Is WEST LOOE TOWN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds stood at £1,054,113 as of 31 December 2025, with total net assets of £8,166,120. The Trustees confirmed that the Trust has adequate resources to continue in operational existence for the foreseeable future, and the independent auditor reported no material uncertainties regarding going concern. Its FY2025 accounts were audited by Prydis Accounts Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Connolly Foundation (UK) Limited | 1 | £20k |
| BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION | 1 | £15k |
| CAREW POLE CHARITABLE TRUST | 1 | £1k |
Charities like this
- EAST AND WEST LOOE HARBOUR AND BRIDGE CHARITIES
- THE EAST LOOE TOWN TRUST
- POLRUAN TOWN TRUST
- LUTON TOWN FC COMMUNITY TRUST
- THE TOWN MILL TRUST LYME REGIS
- CORNWALL CARE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WEST LOOE TOWN TRUST | £308k | — | 0 | above | — | no doubt |
| EAST AND WEST LOOE HARBOUR AND BRIDGE CHARITIES | £1.5m | — | — | unclear | — | no doubt |
| THE EAST LOOE TOWN TRUST | £569k | — | 0 | below | — | no doubt |
| POLRUAN TOWN TRUST | £243k | — | 0 | unclear | — | no doubt |
| LUTON TOWN FC COMMUNITY TRUST | £999k | £60,001 - £70,000 | 1 | below | — | no doubt |
| THE TOWN MILL TRUST LYME REGIS | £244k | — | 0 | unclear | — | no doubt |