BLUECOAT SPORTS
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £2.4 million, resulting in a net income of £128,027. The charity holds unrestricted free reserves of £489,000, which exceeds its stated policy target of approximately £380,000 (two months' running costs). The trustees and auditor confirm that resources are adequate to meet obligations as they fall due, with no material uncertainties identified regarding the going concern basis.
What the accounts disclose
“The policy is to hold free reserves of up to two months’ running costs (around £380,000).” — page 6
“Christ’s Hospital recharged expenses totalling £177,000 (2024: £55,000) to the Charitable Company.” — page 20
“The Charitable Company rented the Sports Club and laundry to Christ’s Hospital for £363,720 (2024: £363,720) and £9,540 (2024: £9,540) respectively.” — page 20
“Christ’s Hospital recharged expenses totalling £177,000 (2024: £55,000) to the Charitable Company.” — page 20
“The Charitable Company rented the Sports Club and laundry to Christ’s Hospital for £363,720 (2024: £363,720) and £9,540 (2024: £9,540) respectively.” — page 20
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- JAMES MACLEANchair
- Gurinder Singh Sumra
- Nigel Currie
- Paul Guyer
- Sarah Abigail Scott
- Thomas Allyn Poynter Godfrey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £2.4m | £2.3m |
| 31/08/2024 | £2.2m | £2.1m |
| 31/08/2023 | £1.9m | £1.7m |
| 31/08/2022 | £1.6m | £1.5m |
| 31/08/2021 | £1.3m | £1.4m |
Common questions
Is BLUECOAT SPORTS financially healthy?
The accounts state that total income for the year was £2.4 million, resulting in a net income of £128,027. The charity holds unrestricted free reserves of £489,000, which exceeds its stated policy target of approximately £380,000 (two months' running costs). The trustees and auditor confirm that resources are adequate to meet obligations as they fall due, with no material uncertainties identified regarding the going concern basis. Its FY2025 accounts were audited by Crowe U.K. LLP.