MENHENIOT SPORTS ASSOCIATION
Provides sport and facilities to the local community, sports carried out are cricket, tennis, football, hockey, ball skills.
Financial health, per its FY2024 accounts
The accounts state that unrestricted cash funds decreased from £23,085 to £16,194 due to an overall deficit of £16,891. The trustees note that financial risk is minimized by setting subscriptions to cover operating expenditure and maintain contingency reserves. No specific reserves policy target is stated in the document.
What the accounts disclose
“maintain a level of contigency reserves which the trustees agree as appropriate”
Trustees
- Ian Charles Harris
- James Curgenven
- John Hemming
- KEITH GOLDSMITH
- Paul Arrowsmith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £43k | £60k |
| 31/12/2023 | £14k | £7k |
| 31/12/2022 | £6k | £7k |
| 31/12/2021 | £22k | £10k |
| 31/12/2020 | £14k | £8k |
Common questions
Is MENHENIOT SPORTS ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted cash funds decreased from £23,085 to £16,194 due to an overall deficit of £16,891. The trustees note that financial risk is minimized by setting subscriptions to cover operating expenditure and maintain contingency reserves. No specific reserves policy target is stated in the document. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 02/10/2017 | £4k | Rejuvenation of MUGA Surface |
| UK government | — | £4k | ALB-Rejuvenation of MUGA Surface |