STOKE SUB HAMDON SPORTS AND RECREATION TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £170,172, which the trustees describe as an 'extremely healthy' balance. However, the trustees' report notes that the charity depends heavily on the Charity Shop and Events Committee for funding and faces increasing maintenance costs, requiring careful management of ring-fenced project funds.
What the accounts disclose
“SRT Policy 021 Reserve Funds Policy – Issue 1” — page 4
“Whilst we are currently financially sound, a significant proportion of our funds is already ringfenced for identified projects. It is essential that we do not take our current financial position for granted.” — page 12
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Trustees
- JOHN ALLANchair
- DENISE BURTON
- Jeanie Augarde
- PETER HULETT AFC
- Paul Jeffery
- REBECCA MERRICK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £239k | £236k |
| 31/12/2023 | £117k | £42k |
| 31/12/2022 | £55k | £48k |
| 31/12/2021 | £61k | £33k |
| 31/12/2020 | £51k | £32k |
Common questions
Is STOKE SUB HAMDON SPORTS AND RECREATION TRUST financially healthy?
The accounts state that the charity holds unrestricted reserves of £170,172, which the trustees describe as an 'extremely healthy' balance. However, the trustees' report notes that the charity depends heavily on the Charity Shop and Events Committee for funding and faces increasing maintenance costs, requiring careful management of ring-fenced project funds. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GUILD ESTATE ENDOWMENT | 1 | £3.3m |
| COLLEGE ESTATE ENDOWMENT | 1 | £1.4m |
| THE ROGER DE HAAN CHARITABLE TRUST | 1 | £534k |
| JOHN JACKSON CHARITABLE TRUST | 1 | £700 |