WHITBY AREA DEVELOPMENT TRUST
Registered charity 518451 · accounts filings on the Charity Commission register · also known as NETWORK, THE WHITBY RESOURCE CENTRE, WHITBY NETWORK
The promotion for the benefit of the public of urban or rural regeneration in areas of social and economic deprivation (and in particular in the Whitby district and surrounding area).
Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a total deficit of £8,602 for the year ended 31 December 2024, resulting in free reserves of -£21,507. The trustees note that free reserves before lease commitments are £40,618, equivalent to two months' normal operating expenditure, which they believe should safeguard continued operation.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: two months' normal operating expenditure (held: £-22k)
“Free reserves before lease commitments are £40,618 (2023: £60,122) which would be the equivalent of 2 months’ normal operating expenditure.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: The Coliseum Trading Company Limited
“The Coliseum Trading Company Limited (Company number 03733657) is a wholly-owned trading subsidiary, first registered on 16 March 1999. The Company has been dormant since 2003.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Trustee list from the Charity Commission register (current, not historical).
Operates in: North Yorkshire
Income and spending
Common questions
Is WHITBY AREA DEVELOPMENT TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a total deficit of £8,602 for the year ended 31 December 2024, resulting in free reserves of -£21,507. The trustees note that free reserves before lease commitments are £40,618, equivalent to two months' normal operating expenditure, which they believe should safeguard continued operation. Its FY2024 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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