WOLVERTON LEISURE TRUST
sport/recreation Operate 1 Swimming & Fitness Centre for local council
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
Property (HM Land Registry)
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?
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. Its FY2025 accounts were audited by MHA.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £294k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £275k |
| BOLTON TOGETHER | 1 | £248k |
| THE NINESQUARE TRUST | 1 | £43k |
| CRH CHARITABLE TRUST | 1 | £35k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £10k |
| LOUIS BAYLIS CHARITABLE TRUST | 1 | £3k |
Charities like this
- WRITHLINGTON TRUST
- SEVERN CENTRE TRUST LTD
- BOLTON WANDERERS COMMUNITY TRUST
- LEISURE FOCUS TRUST
- West Wight Sports and Community Centre Trust Ltd
- PRESTON NORTH END COMMUNITY AND EDUCATION TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WOLVERTON LEISURE TRUST | £2.1m | — | 0 | above | — | no doubt |
| WRITHLINGTON TRUST | £6.3m | £90,001 - £100,000 | — | unclear | — | no doubt |
| SEVERN CENTRE TRUST LTD | £289k | — | 0 | unclear | — | no doubt |
| BOLTON WANDERERS COMMUNITY TRUST | £1.5m | — | 0 | below | 6.1% | no doubt |
| LEISURE FOCUS TRUST | £1.2m | more than £60,000 | — | unclear | — | no doubt |
| West Wight Sports and Community Centre Trust Ltd | £1.3m | — | 0 | below | — | no doubt |