South Wye Development Trust Limited
Analysis
South Wye Development Trust Limited is a registered charity in England and Wales, based in Hereford. It was registered in January 2007, 19 years ago. Its declared purposes cover general charitable purposes, economic/community development/employment and recreation, which this site groups under amateur sport and recreation. Legally it is a charitable company (Companies House number 05750840). It says it makes grants to organisations and provides buildings/facilities/open space.
In the financial year ending March 2025, South Wye Development Trust Limited reported income of £534k and spending of £392k, leaving 27% of income unspent that year. Across the 5 years on record, from March 2021 to March 2025, income grew from £205k to £534k (+161%), an average of +27% a year. The sharpest change came in the year to March 2023, when income rose by 49%. Over the whole period it spent 80% of the income it received.
Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, South Wye Development Trust Limited sits at the 97th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Youth Action (£531k), Grenville House Outdoor Education Centre (£534k) and Southern Holderness Resource Centre (£531k).
In its latest detailed accounts, income came from trading 94% and investments 5.5%. Charitable activities took 98% of spending and raising funds 2.4%. Reserves of £473k would cover about 14 months of spending at that rate. It employed 14 people.
Income and spending
Where the income comes from
- Donations 0.2%
- Trading 94%
- Investments 5.5%
In the charity's own words
The South Wye Development Trust (Kindle) generates income through the rent of the Kindle Centre's meeting rooms, office spaces and from use of the facilities within the community business resource centre. Facilities include a large hall/theatre. The Trust's mission is to support the South Wye commuity by facilitating learning, and leisure opportunities using the resources of the Kindle Centre.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Youth Action | Lancashire | £531k |
| Grenville House Outdoor Education Centre | Devon | £534k |
| Southern Holderness Resource Centre | East Yorkshire | £531k |
| Portsmouth School of Gymnastics | Southsea | £534k |