HIGHFIELDS LEISURE PARK

Registered charity 1006603 · accounts filings on the Charity Commission register · also known as HIGHFIELDS ESTATE

Provision of public recreation and pleasure grounds for the people of the City of Nottingham forever.In order to acheive this, a programme of ongoing maintenance of grounds and equipment is completed each year. This ensures the provision of well maintained public recreation and pleasure grounds.

Objects

INCOME TO BE USED IN MAINTAINING THE PROPERTY OF THE CHARITY FOR USE FOR THE RECREATION OF THE PUBLIC IN THE CITY OF NOTTINGHAM AND OTHERWISE FOR THE PROVISION AND MAINTENANCE OF FACILITIES FOR RECREATION AND LEISURE-TIME OCCUPATION, WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE SAID PUBLIC.

Area of benefit: CITY OF NOTTINGHAM

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Amateur Sport · Recreation · website · Get email alerts

Latest income
£231k
Latest spending
£215k
Registered
1991
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £67,293 for the year ended 31 March 2025, with total incoming resources of £262,481 against total expenditure of £196,763. The trustees note that it is not appropriate for the Trust to hold reserves because the Council commits to meeting any net expenditure, and consequently, the policy on reserves indicates no reserves are held. The financial position is supported by unrestricted funds of £2,308,502, primarily representing the notional value of freehold land and buildings.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Grant from Local Authorities
“Income from Nottingham City Council funds the net expenditure of the Highfields Leisure Park Trust for the benefit of the citizens of Nottingham.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £2.3m; policy: not felt appropriate for the Trust to hold reserves)
“It is therefore not felt appropriate for the Trust to hold reserves.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Council manages the Trusts’ capital investments and reserves within their bank accounts. The Council transfers the interest earned back to the trust as investment income. Total of £67,293 has been loan to the Council being the net surplus form operations for the year.
“The Council manages the Trusts’ capital investments and reserves within their bank accounts. The Council transfers the interest earned back to the trust as investment income. Total of £67,293 has been loan to the Council being the net surplus form operations for the year. A grant accrual of £1,575 has been included within the total income to reflect the increased grant provision in relation to fee accrual of Independent examiners cost. Transactions between the charity and NCC are in respect of the day-to-day operations of the charity. The Council charged the charity £161,184 (2023/24 £192,750) in respect of grounds maintenance and other support costs which is included in Resources Expended — Charitable Activities, within the Statement of Financial Activities. Individual councillors of NCC did not receive any benefits from the Highfields Leisure Park Trust.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 31/03/2023)

Total income
£2.3m
Total spending
£219k
Reserves (reported)
£1
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Other (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.0%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Nottingham City

Income and spending

Financial year endIncomeSpending
31/03/2026£231k£215k
31/03/2025£264k£197k
31/03/2024£245k£245k
31/03/2023£2.3m£219k
31/03/2022£248k£248k

Common questions

Is HIGHFIELDS LEISURE PARK financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £67,293 for the year ended 31 March 2025, with total incoming resources of £262,481 against total expenditure of £196,763. The trustees note that it is not appropriate for the Trust to hold reserves because the Council commits to meeting any net expenditure, and consequently, the policy on reserves indicates no reserves are held. The financial position is supported by unrestricted funds of £2,308,502, primarily representing the notional value of freehold land and buildings. Its FY2025 accounts were independently examined.