HALO LEISURE SERVICES LIMITED
Financial health, per its FY2024 accounts
The accounts state that the group returned a surplus of £3,952,582 for the year ended 31 December 2024. The trustees report that unrestricted reserves excluding the pension asset were £557,154, which is below the stated policy target of at least £3.9m, though the group holds a pension asset of £1,510,000 resulting in a total unrestricted reserve surplus of £2,067,154.
What the accounts disclose
“The reserves policy suggests a desired level of unrestricted reserves of at least £3.9m, excluding any pension asset or liability. This compares with current unrestricted reserves, excluding the current pension asset, which are £557,154.” — page 8
“The Charitable Company is the sole shareholder of Severn Centre Trust Ltd, which is a registered Charity with similar aims and objects to the Charitable Company.” — page 4
“The Charity is incorporated as a company limited by Guarantee. There is one subsidiary which, through ownership of land, acts as a security to the parent for loans it may have from time to time.” — page 4
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (06/05/2026)
Trustees
- Reginald James Scott Curtischair
- Clare Edginton
- Graham Hotchen
- Justine Lee
- Kenneth Edward Bush
- Michael Rendell
- Owen Ross Whelan
- STEPHEN LEONARD BREWSTER
- Steve Curry
- Will Campion
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £19.5m | £15.6m |
| 31/12/2023 | £17.9m | £14.5m |
| 31/12/2022 | £15.0m | £16.2m |
| 31/12/2021 | £12.9m | £13.2m |
| 31/12/2020 | £10.6m | £12.7m |
Common questions
Is HALO LEISURE SERVICES LIMITED financially healthy?
The accounts state that the group returned a surplus of £3,952,582 for the year ended 31 December 2024. The trustees report that unrestricted reserves excluding the pension asset were £557,154, which is below the stated policy target of at least £3.9m, though the group holds a pension asset of £1,510,000 resulting in a total unrestricted reserve surplus of £2,067,154. Its FY2024 accounts were audited by McCabe Ford Williams.