NICE TIME
PARENT COMPANY OF ICE TIME LIMITED; A TRADING COMPANY WHICH OPERATES BRADFORD ICE ARENA
Financial health, per its FY2024 accounts
The accounts state that the group reported a surplus with unrestricted reserves increasing to £745,426. The trustees confirm the charity can continue to meet its liabilities for at least twelve months, citing strong cash balances. However, the trustees note that current reserves are needed to replace refrigeration pipes and cover summer losses, indicating a need for capital maintenance.
What the accounts disclose
“reserves of at least £500,000 are needed”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Barbara Ann Brown
- Charles Dacres
- David Paul Andrew Hall
- JUDITH PATRICIA WHITAKER
- John Barry Whitaker
- Nicola Clare Griffith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £513k | £494k |
| 12/05/2024 | £870k | £815k |
| 14/05/2023 | £870k | £716k |
| 15/05/2022 | £847k | £644k |
| 16/05/2021 | £288k | £546k |
Common questions
Is NICE TIME financially healthy?
Per its FY2024 accounts: The accounts state that the group reported a surplus with unrestricted reserves increasing to £745,426. The trustees confirm the charity can continue to meet its liabilities for at least twelve months, citing strong cash balances. However, the trustees note that current reserves are needed to replace refrigeration pipes and cover summer losses, indicating a need for capital maintenance. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BELLJOE TZEDOKO LIMITED | 1 | £68k |
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £48k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £40k |
| BORBAT LIMITED | 1 | £14k |
| SABENO LIMITED | 1 | £10k |
| VAIDICHKA | 1 | £1k |
| JOHN JACKSON CHARITABLE TRUST | 1 | £700 |
Charities like this
- A T.I.M.E. LIMITED
- THE CAMBRIDGE LEISURE AND ICE CENTRE
- NORTON SPORTS CHARITY
- TIME IS PRECIOUS (IN MEMORY OF BEN HALFORD)
- MYTIME ACTIVE
- EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NICE TIME | £513k | — | 0 | unclear | — | no doubt |
| A T.I.M.E. LIMITED | £996k | — | 0 | below | — | no doubt |
| THE CAMBRIDGE LEISURE AND ICE CENTRE | £216k | — | 0 | above | — | no doubt |
| NORTON SPORTS CHARITY | £1.2m | — | 0 | unclear | — | no doubt |
| TIME IS PRECIOUS (IN MEMORY OF BEN HALFORD) | £115k | — | 0 | above | — | no doubt |
| MYTIME ACTIVE | £23.2m | £180,001 - £190,000 | — | unclear | — | noted |