STONESFIELD COMMUNITY TRUST
Continued to provide affordable housing to the residents of Stonesfield. Also makes grants to assist with all levels of education.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £12,592 for the year ended 5th April 2025, contrasting with a surplus in the prior year. Per the trustees' report, free reserves stand at £61,089, which is considered approximately in line with 12 months of budgeted costs excluding donations. The trustees confirm that resources are sufficient to continue as a going concern despite macroeconomic pressures.
What the accounts disclose
“As a result, free reserves at 5th April 2025 stand at £61,089, which is approximately in line with 12 months budgeted costs excluding donations. The Trustees are comfortable with this position as a target level” — page 3
“During the current period £2,500 (2024: £3,000) was awarded to Stonesfield Playing Field Association (charity number 1181091). One of the trustees, Mr M Hatton, is also a trustee of this charity. Mr Hatton was not involved in the decision to approve the award of this grant, with it being discussed and approved by the other trustees, and the award is firmly in line with the charitable objects of the Trust. There were no other related party transactions during the current or preceding period. -8-” — page 10
Trustees
- Mark Hattonchair
- Alan Bryon
- Phil McArdell
- Richard Oddy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £84k | £96k |
| 05/04/2024 | £88k | £56k |
| 05/04/2023 | £77k | £65k |
| 05/04/2022 | £81k | £38k |
| 05/04/2021 | £83k | £65k |
Common questions
Is STONESFIELD COMMUNITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £12,592 for the year ended 5th April 2025, contrasting with a surplus in the prior year. Per the trustees' report, free reserves stand at £61,089, which is considered approximately in line with 12 months of budgeted costs excluding donations. The trustees confirm that resources are sufficient to continue as a going concern despite macroeconomic pressures. Its FY2025 accounts were independently examined.