COLDWELL INN PROJECT
To provide a residential setting which allows the development of social functioning skills of physically and/or mentally disabled persons, encourage user groups to develop community and/or sporting interests, stimulate the positive use of local facilities for legitimate activities and interest.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £102,505 exceed the trustees' stated policy target of £50,000, providing a buffer for working capital and closedown costs. However, the charity reported a net outgoing of resources for the year, resulting in a decrease in total funds from £317,687 to £295,700. The trustees identify insufficient income generation as a significant risk to financial viability and have approved a strategy to address this.
What the accounts disclose
“The trustees have established the level of reserves (that is those funds that are freely available) that the Charity should have is £50,000, This provides working capital and closedown costs.” — page 5
“Financial viability is essential if Coldwell is to develop and insufficient income generation is a significant risk. The Trustees have approved an income strategy to address this risk over the next three years and beyond,” — page 6
“Coldwell Park Ltd is a wholly owned subsidiary of Coldwell Inn Project. At the balance sheet date Coldwell Inn Project is owed £17,216 (2024: £17,216).” — page 14
Property (HM Land Registry)
Trustees
- GORDON SALTHOUSEchair
- Andrew Colin Hubbard
- Linda Holgate
- MR GRAHAM PARR JP
- Majid Mahmood
- ROY GORDON GLOVER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £127k | £149k |
| 31/03/2024 | £156k | £160k |
| 31/03/2023 | £155k | £134k |
| 31/03/2022 | £117k | £123k |
| 31/03/2021 | £84k | £112k |
Common questions
Is COLDWELL INN PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £102,505 exceed the trustees' stated policy target of £50,000, providing a buffer for working capital and closedown costs. However, the charity reported a net outgoing of resources for the year, resulting in a decrease in total funds from £317,687 to £295,700. The trustees identify insufficient income generation as a significant risk to financial viability and have approved a strategy to address this. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/12/2019 | £10k | Outdoor Gym Equipment |
| The National Lottery Community Fund | 25/05/2016 | £9k | The Coldwell Cabin |
| The National Lottery Community Fund | 08/03/2012 | £10k | Developing Environmental Projects at the Coldwell Inn |
| The National Lottery Community Fund | 12/08/2010 | £10k | The Coldwell Inn Engagement Project |