CAMBRIDGE SPORT LAKES TRUST
The primary aim of Cambridge Sport Lakes Trust is the development of a multi-sport facility on a site on the north side of the City of Cambridge.As part of this development process the Trust also runs a programme of Sports Development Activities within the Community. From 1 April 2008 the Trust also took on the responsibility for managing Milton Country Park.
Objects
THE CREATION AND SETTING UP, MAINTENANCE AND OPERATION OF A LAKE AND COUNTRY PARK IN CAMBRIDGESHIRE TOGETHER WITH FACILITIES, EQUIPMENT, SUPERVISION TRAINING AND COACHING: (A)FOR THE PUBLIC BENEFIT AND EDUCATION TO ENABLE AND ENCOURAGE PUPILS OF SCHOOLS AND UNIVERSITIES AND COLLEGES IN ANY PART OF THE UNITED KINGDOM AND ABROAD TO ROW OR TO SCULL OR TO PLAY OTHER GAMES OR SPORTS THEREBY HELPING TO ENSURE THAT DUE ATTENTION IS GIVEN TO THE PHYSICAL EDUCATION AND DEVELOPMENT OF SUCH PUPILS AS WELL AS TO THE DEVELOPMENT AND OCCUPATION OF THEIR MINDS (PROVIDED SUCH GAMES OR SPORTS DO NOT ADVERSELY AFFECT OR CONFLICT WITH THE ACTIVITIES OF ROWING OR SCULLING ON THE LAKE AND PROVIDED FEMALE OR MALE PUPILS ARE NOT DISCRIMINATED AGAINST IN FAVOUR OF PUPILS OF THE OPPOSITE SEX); (B)FOR RECREATION OR OTHER LEISURE-TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE FOR MEMBERS OF THE PUBLIC AT LARGE (WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE PERSONS FOR WHOM THE SAME ARE PROVIDED) AND SUBJECT TO FEMALE OR MALE MEMBERS OF THE PUBLIC NOT BEING DISCRIMINATED AGAINST IN FAVOUR OF MEMBERS OF THE PUBLIC OF THE OPPOSITE SEX); AND (C)FOR SUCH OTHER PURPOSES FOR THE BENEFIT OF THE COMMUNITY AS SHALL BE EXCLUSIVELY CHARITABLE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £8,063 for the year, bringing total funds to £924,013. However, the charity holds net current liabilities of £283,838 and relies on extended loan agreements with a trustee to manage its working capital. The trustees and auditors confirm the entity is a going concern based on these arrangements and forecasts extending to 2027.
What the accounts disclose
“Looking ahead the Trust is a resilient going concern, despite its net current liabilities, with proof of both its current business plan and an ever stronger case for the need fo expand the Country Park facilities to meet the rapidly developing needs in north Cambridge and beyond.” — page 5
“On the 30th July 2024 the charitable company arranged a new overdraft facility of £50,000 with their bankers. This was personally guaranteed by five current trustees.” — page 16
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 100
- Government income: £6,938 — grants £6,938 (4); 1% of the £508,255 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 80
- Government income: £14,594 — contracts £7,436 (6), grants £7,158 (3); 3% of the £429,452 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 50
- Government income: £37,244 — contracts £9,319 (5), grants £27,925 (7); 7% of the £521,289 total gross income on the same return
- Has a trading subsidiary
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Andrew Howard Turnbull
- Bob Greatorex
- Catherine May Millhouse
- Joanna Burch
- John Oliver Daffarn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £508k | £500k |
| 31/03/2024 | £429k | £521k |
| 31/03/2023 | £521k | £496k |
| 31/03/2022 | £493k | £470k |
| 31/03/2021 | £560k | £397k |
Common questions
Is CAMBRIDGE SPORT LAKES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £8,063 for the year, bringing total funds to £924,013. However, the charity holds net current liabilities of £283,838 and relies on extended loan agreements with a trustee to manage its working capital. The trustees and auditors confirm the entity is a going concern based on these arrangements and forecasts extending to 2027. Its FY2025 accounts were audited by Ensors.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 01/05/2025 | £8k | Watersports at Milton Country Park |
| Sport England | 11/05/2022 | £9k | Jubilee Fund - Purchase of Kayak Fleet |
| Sport England | 24/06/2020 | £10k | COVID-19 CEF |
| Sport England | 14/03/2017 | £8k | Milton Country Park Canoe Project |
| Sport England | 27/02/2014 | £10k | Get Equipped - You Can Bike Too |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UNITED CHARITIES OF CAMBRIDGE | 1 | £90k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £71k |
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | 1 | £54k |
Charities like this
- CAMBRIDGE SPORTS HALL TRUST LIMITED
- CAMBRIDGE SPORTS DEVELOPMENT FOUNDATION
- CHILCOMPTON SPORTS
- MILTON COMMUNITY CENTRE AND RECREATION GROUNDS
- MELTHAM SPORTS AND COMMUNITY GROUP LIMITED
- MACCLESFIELD FC COMMUNITY SPORTS TRUST LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CAMBRIDGE SPORT LAKES TRUST | £508k | — | 0 | unclear | — | noted |
| CAMBRIDGE SPORTS HALL TRUST LIMITED | £1.2m | — | 0 | below | — | no doubt |
| CAMBRIDGE SPORTS DEVELOPMENT FOUNDATION | £202k | — | 0 | unclear | — | no doubt |
| CHILCOMPTON SPORTS | £49k | — | 0 | unclear | — | no doubt |
| MILTON COMMUNITY CENTRE AND RECREATION GROUNDS | £136k | — | 0 | above | — | no doubt |
| MELTHAM SPORTS AND COMMUNITY GROUP LIMITED | £134k | — | 0 | above | — | no doubt |