THE LIGHTWATER PLAYING FIELD ASSOCIATION LIMITED
To promote the benefit of the community by providing the provision of facilities for indoor and outdoor recreation with the object of improving their life.
Objects
TO PROMOTE THE BENEFIT OF THE INHABITANTS OF LIGHTWATER, THE SURROUNDING VILLAGES AND THE GENERAL PUBLIC BY THE PROVISION OF FACILITIES FOR INDOOR AND OUTDOOR RECREATION, WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred an operating deficit of £2,086, resulting in net liabilities of £37,328 at year-end. The trustees confirm that a cashflow forecast for 2025 shows a positive net inflow of funds and that resources are adequate to continue operations. Consequently, the accounts were prepared on a going concern basis with no material uncertainty identified.
What the accounts disclose
“As the charity has net liabilities of £37,328 the trustees still cannot offer a meaningful Reserve Policy.” — page 3
“Competition Line (UK) Ltd loans of £545,660 were waived and transferred to unrestricted funds at 31st December 2023.” — page 15
“During the year a company operated by D P Lyons, one of the Trustees, carried out refurbishment and general repairs work amounting to £18,564.” — page 15
“Competition Line (UK) Ltd loans of £545,660 were waived and transferred to unrestricted funds at 31st December 2023.” — page 15
“During the year a company operated by D P Lyons, one of the Trustees, carried out refurbishment and general repairs work amounting to £18,564.” — page 15
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events 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
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Trustees
- Daniel Patrick Lyons
- Richard Luck
- Simon Collingwood Russell
- Tim John Shoubridge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £369k | £371k |
| 31/12/2023 | £303k | £302k |
| 31/12/2022 | £312k | £314k |
| 31/12/2021 | £319k | £342k |
| 31/12/2020 | £265k | £266k |
Common questions
Is THE LIGHTWATER PLAYING FIELD ASSOCIATION LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred an operating deficit of £2,086, resulting in net liabilities of £37,328 at year-end. The trustees confirm that a cashflow forecast for 2025 shows a positive net inflow of funds and that resources are adequate to continue operations. Consequently, the accounts were prepared on a going concern basis with no material uncertainty identified. Its FY2024 accounts were independently examined.