Papay Development Trust
Latest income
£192k
Latest spending
£209k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net deficit of £17,422 for the period, reducing its total cash and bank balances from £123,241 to £119,807. The trustees confirmed that sufficient reserves and grant income remain available to cover core operational costs and project expenditures. Fully unrestricted reserves were identified as £7,605, with the remainder of the unrestricted fund designated for specific purposes such as property maintenance.