Gorseinon Development Trust

Analysis

Gorseinon Development Trust is a registered charity in England and Wales, based in Swansea. It was registered in April 2008, 18 years ago. Its declared purposes cover general charitable purposes, education/training, economic/community development/employment and other charitable purposes, which this site groups under community and economic development. Legally it is a charitable company (Companies House number 04645611). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Gorseinon Development Trust reported income of £1.3m and spending of £920k, leaving 28% of income unspent that year. Across the 5 years on record, from March 2021 to March 2025, income grew from £505k to £1.3m (+154%), an average of +26% a year. The sharpest change came in the year to March 2025, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 1,869 England and Wales charities whose main cause is community and economic development and that reported income, Gorseinon Development Trust sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Youth Focus North East (£1.3m), First Universal Enterprises Limited (£1.3m) and Gloucestershire Rural Community Council (£1.3m).

In its latest detailed accounts, income came from charitable activities 99%. Charitable activities took 96% of spending and raising funds 2.5%. Reserves of £186k would cover about 2 months of spending at that rate. It employed 42 people.