HYNDBURN LEISURE
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net liability position of £380,453 for the year ended 31 March 2023, driven largely by a significant improvement in its pension scheme surplus. The trustees acknowledge a material uncertainty regarding the charity's ability to continue as a going concern due to its reliance on financial support from Hyndburn Borough Council and rising energy costs.
What the accounts disclose
“At present the Trust has insufficient reserves to ensure that it can deal with major unexpected adverse developments without direct support from Hyndburn Borough Council.” — page 11
“We draw attention to the Accounting Policies, which highlight the charity's reliance on the support from Hyndburn Borough Council. The board members have concluded that the charity remains a going concern, however these events mean a material uncertainty exists that may cast doubt on the charity's ability to continue as a going concern.” — page 13
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CIARAN WELLSchair
- ANNE ELLWOOD
- Azad Brepotra
- John Leaver
- Liz Keane
- Marie Demaine
- Melissa Fisher
- Richard Swanney
- Ruby Ali
- Steven Tanti
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.9m | £5.9m |
| 31/03/2024 | £5.5m | £6.1m |
| 31/03/2023 | £4.6m | £5.7m |
| 31/03/2022 | £3.7m | £4.1m |
| 31/03/2021 | £2.7m | £2.9m |
Common questions
Is HYNDBURN LEISURE financially healthy?
The accounts state that the charity reported a net liability position of £380,453 for the year ended 31 March 2023, driven largely by a significant improvement in its pension scheme surplus. The trustees acknowledge a material uncertainty regarding the charity's ability to continue as a going concern due to its reliance on financial support from Hyndburn Borough Council and rising energy costs. Its FY2023 accounts were audited by Ainsworths Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 18/03/2025 | £10k | ""Clayton-le-Moors Heritage Animation and Book Project"" |
| The National Lottery Heritage Fund | 16/03/2023 | £10k | "Clayton Heritage Project" |