Cheltenham Lido Limited
Sandford Lido Limited is incorporated to provide Sandford Lido in the interest of social welfare with the object of improving the conditions of life for the residents and visitors of Gloucestershire and the surrounding areas. Its activities during the period have related to the operation of Sandford Lido to enable people to enjoy Cheltenham's outdoor heated swimming pool.
Objects
THE PROVISION OF A LIDO (CURRENTLY KNOWN AS SANDFORD LIDO) IN THE INTEREST OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS AND VISITORS OF GLOUCESTERSHIRE AND THE SURROUNDING AREAS.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a total surplus of £701,954 for the year ended 31 October 2025, with total income of £1,940,730 against total expenditure of £1,238,776. Per the trustees' report, the charity holds unrestricted free reserves of £1,873,091, which exceeds the stated policy target of approximately £100,000. The trustees and auditors confirm the charity is a going concern with adequate resources and no material uncertainties.
What the accounts disclose
“The Trustees believe a reserve equivalent to two months’ income during the season to be appropriate. This equates to a reserve of the order of £100,000.”
“The charity’s wholly owned subsidiary, Cheltenham Lido Trading Ltd, was established to operate the car park at Cheltenham Lido. The company has a licence from the charity to operate the car park and gift aids all of its profits to the charity.” — page 5
“The consolidated statement of financial activities (SOFA) and consolidated balance sheet consolidate the financial statements of the charity and its wholly owned subsidiary, Cheltenham Lido Trading Limited” — page 18
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- 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
Structured financials (annual return, FY ending 31/10/2025)
Trustees
- Richard Joneschair
- Amy Broomhall
- Andrew Holding
- Carole Billington-Wood
- Elizabeth Chadwick
- Ian Miller
- Jerry Angrave
- Joe Plews
- Lindsey Ingle
- Natasha Stonebridge
- Timothy Simon Coolican
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £1.9m | £1.2m |
| 31/10/2024 | £1.5m | £1.0m |
| 31/10/2023 | £1.5m | £1.1m |
| 31/10/2022 | £1.3m | £904k |
| 31/10/2021 | £1.3m | £655k |
Common questions
Is Cheltenham Lido Limited financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a total surplus of £701,954 for the year ended 31 October 2025, with total income of £1,940,730 against total expenditure of £1,238,776. Per the trustees' report, the charity holds unrestricted free reserves of £1,873,091, which exceeds the stated policy target of approximately £100,000. The trustees and auditors confirm the charity is a going concern with adequate resources and no material uncertainties. Its FY2025 accounts were audited by Kingscott Dix (Cheltenham) Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 18/06/2021 | £51k | COVID-19 CLRF |
| Cheltenham Borough Council | 30/06/2020 | £980 | Bicycle parking project |
| The National Lottery Heritage Fund | 20/06/2006 | £383k | "Sandford Parks Lido Refurbishment / Education" |
| Cheltenham Borough Council | — | £2k | Funding for mobile fencing and signage to support the management of visitors to the lido in a covid safe way as numbers increase again. |
| Cheltenham Borough Council | — | £2k | To keep the lido operational throughout the Jubilee year |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOWN LANDS | 1 | £25k |
Charities like this
- WOBURN LIDO
- ARUNDEL AND DOWNLAND COMMUNITY LEISURE TRUST
- SALTDEAN LIDO TRUST
- SETTLE AREA SWIMMING POOL
- BECCLES LIDO LIMITED
- SWIM TORQUAY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Cheltenham Lido Limited | £1.9m | — | 0 | unclear | — | no doubt |
| WOBURN LIDO | £197k | — | 0 | unclear | — | no doubt |
| ARUNDEL AND DOWNLAND COMMUNITY LEISURE TRUST | £541k | — | 0 | unclear | — | no doubt |
| SALTDEAN LIDO TRUST | £2.3m | — | 0 | unclear | — | no doubt |
| SETTLE AREA SWIMMING POOL | £659k | — | 0 | above | — | no doubt |
| BECCLES LIDO LIMITED | £1.1m | Under £60,000 | 0 | below | — | no doubt |