WOLVERTON LEISURE TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,158,537, which comfortably exceeds the trustees' stated policy target of three months' running costs (£350,000). The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified regarding the charity's ability to continue operations.
What the accounts disclose
“It is the Trustees intention to hold reserves equivalent to 3 months running costs of £350,000” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Ansar Hussain
- JOHN ERIC HAYNES
- Linda Sharkey
- MICHAEL LESLIE LEVITT
- Michael Lemon
- Norman Miles
- Yvonne Margaret Cook
- paraskevoulla wheeler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.1m | £2.0m |
| 31/03/2024 | £2.1m | £1.9m |
| 31/03/2023 | £2.0m | £1.8m |
| 31/03/2022 | £1.6m | £1.6m |
| 31/03/2021 | £953k | £1.2m |
Common questions
Is WOLVERTON LEISURE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £1,158,537, which comfortably exceeds the trustees' stated policy target of three months' running costs (£350,000). The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified regarding the charity's ability to continue operations. Its FY2025 accounts were audited by MHA.