THE LEASIDE TRUST
The Leaside Trust operates an outdoor activities centre on the River Lea in Hackney. Our mission is to serve our local community, especially its young people, by providing opportunities for education, personal development, recreation and excellence in outdoor activities.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £50,718 for the year, largely due to non-cash depreciation charges. Per the trustees' report, unrestricted reserves stand at £261,585, with free reserves of £46,827, which the trustees believe secure the charity's immediate future for the next 12 to 18 months.
What the accounts disclose
“Charitable activities 4 158,996 101,389 260,385 282,503” — page 10
“The trustees consider it prudent to maintain an adequate level of unrestricted reserves to cover the community centre’s contractual commitments and provide sufficient working capital and have set this at minimum of two months operational costs.” — page 6
Property (HM Land Registry)
Trustees
- DEREK STRIDEchair
- Chris Heaume
- Jacqueline Louise Woods
- Olivia Gwyneth Terry Pepper
- Paul Geist
- Sharleen Kelly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £289k | £340k |
| 31/03/2024 | £298k | £327k |
| 31/03/2023 | £256k | £304k |
| 31/03/2022 | £283k | £248k |
| 31/03/2021 | £242k | £190k |
Common questions
Is THE LEASIDE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £50,718 for the year, largely due to non-cash depreciation charges. Per the trustees' report, unrestricted reserves stand at £261,585, with free reserves of £46,827, which the trustees believe secure the charity's immediate future for the next 12 to 18 months. Its FY2025 accounts were independently examined.
Who funds THE LEASIDE TRUST?
Funders whose own accounts filings name THE LEASIDE TRUST as a grant recipient include THE LONDON MARATHON CHARITABLE TRUST LIMITED, YOUTH EXPERIENCE IN SPORT.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | FY2024 | £40k | Physical activity programme |
| YOUTH EXPERIENCE IN SPORT | FY2022 | £7k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 13/12/2024 | £5k | Grant to The Leaside Trust |
| City Bridge Foundation | 24/06/2023 | £147k | Grant to The Leaside Trust |
| City Bridge Foundation | 24/10/2022 | £5k | Grant to The Leaside Trust |
| City Bridge Foundation | 10/05/2022 | £45k | Grant to The Leaside Trust |
| The National Lottery Community Fund | 08/10/2021 | £10k | Leaside Community River Experiences |
| Sport England | 19/05/2021 | £3k | COVID19 Return to Play |
| Sport England | 27/05/2020 | £10k | COVID-19 CEF |
| London Borough of Hackney | 28/10/2019 | £4k | Grant to The Leaside Trust |
| Hackney Council | 28/10/2019 | £4k | Grant to The Leaside Trust |
| Sport England | 31/05/2018 | £46k | Provision of improved boat storage and outdoor classroom |