TOTNES TRUST
Conserving and improving the town's unique historic buildings' heritage.Conserving, improving and creating useful and beautiful public spaces within the town.Acting on any other public realm matters which complement and enhance the town?s buildings and spaces, and the enjoyment of them by local people and visitors.
Objects
(1) TO PRESERVE FOR THE BENEFIT OF THE TOWNSPEOPLE OF TOTNES AND DISTRICT IN THE COUNTY OF DEVON AND OF THE NATION AT LARGE, WHATEVER OF THE ENGLISH HISTORICAL, ARCHITECTURAL AND CONSTRUCTIONAL HERITAGE MAY EXIST IN AND AROUND THE TOWN OF TOTNES AFORESAID IN THE FORM OF BUILDINGS AND FEATURES (INCLUDING ANY BUILDING AS DEFINED IN SECTION 290(1) OF THE TOWN AND COUNTRY PLANNING ACT 1971) OF PARTICULAR BEAUTY OF HISTORICAL, ARCHITECTURAL OR CONSTRUCTIONAL INTEREST. (2) TO UNDERTAKE ANY OTHER CHARITABLE PURPOSE FOR THE BENEFIT OF THE SAID TOWNSPEOPLE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £5,521 for the year ended 31 March 2025, resulting in a decrease in total funds from £43,047 to £37,526. The trustees maintain a reserves policy to hold at least £30,000 in free reserves, but the designated amount at year-end was £14,571, which is below the stated policy target. Despite the deficit, the trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees policy is to maintain free reserves of at least £30,000 to cover maintenance of the building and the possibility of the premises being vacant and no rental income being received during the vacancy.” — page 4
Policies the charity declares
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Trustee conflicts of interest policy and procedures
Property (HM Land Registry)
Register events
- Received assets from another charity (02/02/2017)
Trustees
- Paul Churchchair
- Jane Seymour
- Louise Pilkington
- MATTHEW DEAN HIGGS
- RICHARD CHARLES O'CONNELL
- RICHARD JOHN PADDOCK MITCHELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27k | £33k |
| 31/03/2024 | £18k | £12k |
| 31/03/2023 | £17k | £21k |
| 31/03/2022 | £22k | £17k |
| 31/03/2021 | £10k | £14k |
Common questions
Is TOTNES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £5,521 for the year ended 31 March 2025, resulting in a decrease in total funds from £43,047 to £37,526. The trustees maintain a reserves policy to hold at least £30,000 in free reserves, but the designated amount at year-end was £14,571, which is below the stated policy target. Despite the deficit, the trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/12/2016 | £3k | Gardening for Health (GFH) |
| The National Lottery Heritage Fund | 24/10/1995 | £43k | "Totnes Town Mill, Totnes" |