THE WELSH SPORTS HALL OF FAME

Registered charity 1087990 · accounts filings on the Charity Commission register

For 31 years the acknowledged charity for recognising and preserving the exceptional achievements over the course of their careers of Welsh sportsmen and sportswomen in any theatre of sport. The charity owns a large collection of significant memorabilia from Welsh sporting history. Each year at the Annual Dinner additions are made to the Roll of Honour, which now stands at 150 from 26 sports.

Causes: Amateur Sport · Environment/conservation/heritage · website · Get email alerts

Latest income
£30k
Latest spending
£23k
Registered
2001
Accounts read
FY2025

Financial health, per its FY2025 accounts

The charity reported a small net expenditure of £29,333 for the year, a shift from the previous year's surplus, primarily due to the conclusion of a Department of Health and Social Care funded initiative. Despite this deficit, the trustees confirm that unrestricted reserves remain strong and sufficient to meet the stated policy target of three months' operating costs. The auditors confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Other trading activities (64% of income)
Other trading activities Defib & Cabinet sales 3,462,189
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months operating costs (held: £1.0m)
They have assessed that there is a need to maintain a base free reserve equivalent of at least three months operating costs. — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan from former trustee
Included in other creditors is an amount of £150,000 (2024: £150,000) in relation to a loan made to the charity by a former trustee, now deceased. There are no interest arrangements and no fixed repayment terms. — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by DHB Accountants Limited. Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£30k£23k
31/03/2024£18k£19k
31/03/2023£22k£24k
31/03/2022£840£1k
31/03/2021£9k£9k

Common questions

Is THE WELSH SPORTS HALL OF FAME financially healthy?

Per its FY2025 accounts: The charity reported a small net expenditure of £29,333 for the year, a shift from the previous year's surplus, primarily due to the conclusion of a Department of Health and Social Care funded initiative. Despite this deficit, the trustees confirm that unrestricted reserves remain strong and sufficient to meet the stated policy target of three months' operating costs. The auditors confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by DHB Accountants Limited.