SOMERS TOWN COMMUNITY SPORTS CENTRE LIMITED
The objectives of the Company are to provide affordable high quality sporting activities and sport and recreation space for training, competition and physical activity for the benefit of the wider community and the students of local schools and UCL.
Objects
TO ADVANCE PHYSICAL EDUCATION AND PROVIDE OR ASSIST IN THE PROVISION OF SPORTS FACILITIES FOR RECREATION OF OTHER LEISURE-TIME OCCUPATION (FOR FURTHER DETAILS, SEE ARTICLE 3 OF MEMORANDUM)
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £29,349 for the year, resulting in a decrease in total funds from £482,627 to £453,278. The trustees consider the unrestricted reserves of £131,722 to be sufficient against their stated policy target of £100,000. The charity confirms it has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Rental income 73,946” — page 13
“The Board consider a sufficient level of reserve fund to be £100,000.”
“Regent High School The Centre made sales totalling £73,946 (2024: £67,020) to the school in the year. The Centre made purchases totalling £70,249 (2024: £63,669) from the school during the year.”
“No charge is made for administration services provided by University College London or University College London Union. These services are not reflected in these financial statements as the value of them cannot be easily quantified.” — page 14
“Regent High School The Centre made sales totalling £73,946 (2024: £67,020) to the school in the year. The Centre made purchases totalling £70,249 (2024: £63,669) from the school during the year.”
“No charge is made for administration services provided by University College London or University College London Union. These services are not reflected in these financial statements as the value of them cannot be easily quantified.” — page 14
Policies the charity declares
- Conflicting interests
- Risk management
Funders the charity credits
Property (HM Land Registry)
Trustees
- John Dubberchair
- Audrey Lau
- Carl Salton-Brooks
- Edward William Brock Corby Smee
- Gary Moore
- KATIE ELIZABETH SYKES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £75k | £105k |
| 31/07/2024 | £69k | £101k |
| 31/07/2023 | £62k | £95k |
| 31/07/2022 | £60k | £97k |
| 31/07/2021 | £58k | £108k |
Common questions
Is SOMERS TOWN COMMUNITY SPORTS CENTRE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £29,349 for the year, resulting in a decrease in total funds from £482,627 to £453,278. The trustees consider the unrestricted reserves of £131,722 to be sufficient against their stated policy target of £100,000. The charity confirms it has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.