FRIENDS OF LEICESTER CITY FARM LIMITED
To provide an educational and recreational resource
Financial health, per its FY2025 accounts
The accounts state that the charity's free reserves are in deficit, with unrestricted funds overdrawn by £61,007 and total reserves at £60,742. The trustees acknowledge material uncertainties regarding the charity's ability to continue as a going concern due to this adverse balance sheet position, although they believe the entity can operate through the current negative position. The charity's future prosperity is dependent on maintaining visitor numbers and securing grant funding.
What the accounts disclose
“The free reserves are currently in deficit which is not an ideal position to be in.” — page 6
“The trustees are aware of certain material uncertainties which may cause doubt on the charity's ability to continue as a going concern. The Trustees are aware of the adverse position of the Balance Sheet but believe the entity can operate through the current negative position and return to a position of solvency.”
“During the year the charity received a loan from trustee Dave Payn. At the balance sheet date the balance outstanding was £6,650. The loan is unsecured, interest-free, and repayable on demand.” — page 22
“During the year the charity also received a loan from Val Hirst, the spouse of trustee Dave Hirst. At the balance sheet date the balance outstanding was £15,739. The loan is unsecured, interest-free, and repayable on demand.” — page 22
“During the year the charity received a loan from trustee Dave Payn. At the balance sheet date the balance outstanding was £6,650. The loan is unsecured, interest-free, and repayable on demand.” — page 22
“During the year the charity also received a loan from Val Hirst, the spouse of trustee Dave Hirst. At the balance sheet date the balance outstanding was £15,739. The loan is unsecured, interest-free, and repayable on demand.” — page 22
Trustees
- DAVID ANTHONY PAYN
- DAVID HIRST
- MR BILL MATTHEWS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £218k | £214k |
| 31/03/2024 | £206k | £218k |
| 31/03/2023 | £151k | £153k |
| 31/03/2022 | £178k | £187k |
| 31/03/2021 | £130k | £152k |
Common questions
Is FRIENDS OF LEICESTER CITY FARM LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity's free reserves are in deficit, with unrestricted funds overdrawn by £61,007 and total reserves at £60,742. The trustees acknowledge material uncertainties regarding the charity's ability to continue as a going concern due to this adverse balance sheet position, although they believe the entity can operate through the current negative position. The charity's future prosperity is dependent on maintaining visitor numbers and securing grant funding. Its FY2025 accounts were independently examined.
Who funds FRIENDS OF LEICESTER CITY FARM LIMITED?
Funders whose own accounts filings name FRIENDS OF LEICESTER CITY FARM LIMITED as a grant recipient include THE BERYL EVETTS AND ROBERT LUFF ANIMAL WELFARE TRUST LIMITED, THE J REGINALD CORAH FOUNDATION FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BERYL EVETTS AND ROBERT LUFF ANIMAL WELFARE TRUST LIMITED | FY2022 | £5k | |
| THE BERYL EVETTS AND ROBERT LUFF ANIMAL WELFARE TRUST LIMITED | FY2023 | £4k | |
| THE J REGINALD CORAH FOUNDATION FUND | FY2022 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 28/09/2005 | £46k | "Gorse Hill City Farm - Heritage & Interpretation Project" |