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CARN BREA LEISURE CENTRE TRUST

Registered charity 1079101 · accounts filings on the Charity Commission register · also known as CARN BREA LEISURE CENTRE, CARN BREA RECREATION CENTRE

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Latest income
£2.5m
Latest spending
£2.3m
Registered
2000
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity returned a surplus for the year, with total income of £2,150,352 against total expenditure of £2,087,389. However, the trustees and auditors highlight a material uncertainty regarding going concern due to limited unrestricted reserves of £69,149 and challenges from volatile energy costs and aging infrastructure.

What the accounts disclose

Going concern: material uncertainty disclosed
“We draw attention to Note 1.7 in the financial statements, which indicates that as at 31 March 2024, the group had general funds of £69,149 and is facing challenges especially in terms of a volatile energy market, increasing employers’ NI contributions and an aging infrastructure that requires replacement. As stated in Note 1.7 these conditions indicate that a material uncertainty exists that may cast significant doubt on the group’s ability to continue as a going concern.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Carn Brea Leisure Centre (Trading) Limited, a trading subsidiary, made a gift aid donation of £28,000 (2023: £34,000) to the Trust during the year. Included within creditors due within one year is an amount of £8,731 (2023: £4,376) owed by the Trust to Carn Brea Leisure Centre (Trading) Limited.
“Carn Brea Leisure Centre (Trading) Limited, a trading subsidiary, made a gift aid donation of £28,000 (2023: £34,000) to the Trust during the year. Included within creditors due within one year is an amount of £8,731 (2023: £4,376) owed by the Trust to Carn Brea Leisure Centre (Trading) Limited.” — page 35
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Carn Brea Leisure Centre (Trading) Limited
“Carn Brea Leisure Centre Trust owns 100% of the share capital of Carn Brea Leisure Centre (Trading) Limited, a company incorporated in England and Wales (company no. 04212770).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by RRL LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.5m
Total spending
£2.3m
Cost of raising funds
£35k
Reserves (reported)
£183k
Employees
72

Reported reserves equal ~0.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/03/2025£2.5m£2.3m
31/03/2024£2.2m£2.1m
31/03/2023£1.8m£1.9m
31/03/2022£1.5m£1.7m
31/03/2021£942k£1.3m

Common questions

Is CARN BREA LEISURE CENTRE TRUST financially healthy?

The accounts state that the charity returned a surplus for the year, with total income of £2,150,352 against total expenditure of £2,087,389. However, the trustees and auditors highlight a material uncertainty regarding going concern due to limited unrestricted reserves of £69,149 and challenges from volatile energy costs and aging infrastructure. Its FY2024 accounts were audited by RRL LLP.