Charity Accounts Intelreading the accounts so you don’t have to

TEN-EM-BEE SPORTS DEVELOPMENT CENTRE

Registered charity 1090441 · accounts filings on the Charity Commission register

SPORT, EDUCATION, TRAINING AND RECREATIONAL

Causes: Education/training · Amateur Sport · website · Get email alerts

Latest income
£55k
Latest spending
£96k
Registered
2002
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £41,513 for the year ended 31 December 2024, resulting in unrestricted reserves decreasing to £64,346 from £105,798 the previous year. The trustees maintain a reserves policy of approximately £25,000, representing six months of running costs, and confirm that the current unrestricted reserves exceed this target. The trustees are satisfied that the charity will continue as a going concern for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months running cost as reserves which are estimated to be approximately £25,000 (held: £64k)
“Trustees consider it reasonable to maintain six months running cost as reserves which are estimated to be approximately £25,000.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered titlein England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Lewisham

Income and spending

Financial year endIncomeSpending
31/12/2024£55k£96k
31/12/2023£80k£91k
31/12/2022£102k£88k
31/12/2021£109k£74k
31/12/2020£77k£55k

Common questions

Is TEN-EM-BEE SPORTS DEVELOPMENT CENTRE financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £41,513 for the year ended 31 December 2024, resulting in unrestricted reserves decreasing to £64,346 from £105,798 the previous year. The trustees maintain a reserves policy of approximately £25,000, representing six months of running costs, and confirm that the current unrestricted reserves exceed this target. The trustees are satisfied that the charity will continue as a going concern for the foreseeable future. Its FY2024 accounts were independently examined.