LORDSWOOD LEISURE CENTRE LIMITED
Various sports for all abilities and levels. Sports from age of 3-90 year olds.
Financial health, per its FY2025 accounts
The accounts state that total income was £1,403,783 with a net income of £51,128 for the year ended 31 March 2025. Per the trustees' report, free reserves stood at £278,648, which is above the stated policy target of £250,000, and the charity remains financially sound with adequate resources to continue in operational existence.
What the accounts disclose
“The number of employees whose emoluments as defined for taxation purposes amounted to over £60,000 in the year was as follows: 31.3.25 1” — page 25
“The Trustees consider that free reserves of at least £250,000 are required to be maintained.”
“Trustees’ remuneration is paid as a result of their employment within the charitable company or the trading subsidiary. Mr S Grimwade (Operations Director and trustee): Remuneration £60,000 - £65,000” — page 25
“Medway Council is the freeholder of the property occupied by the Charity under the terms of the contractual agreement. The Trustees confirm that all transactions with Medway Council during the year were conducted at arm’s length, in the ordinary course of business, and in accordance with the Charity’s governing document and applicable regulatory requirements.” — page 4
“The financial statements consolidate the results of the charitable company and its wholly owned subsidiary Grove Leisure Environmental Limited on a line by line basis.” — page 19
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
Corporate structure
- Registered company of the charity Companies House 04492639
- Trading subsidiary: GROVE LEISURE ENVIRONMENTAL LIMITED Companies House 05047392
Company officers (Companies House)
- ATTWOOD, Rachel Vanessa on trustee list
- MANNERING, Simon Laurence on trustee list
- DELANEY, Anthony on trustee list
- TURCAN, Edward Phillip Alexander on trustee list
- GRIMWADE, Spencer John on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Anthony Delaney
- Edward Turcan
- RODNEY WILLIAM HILLS
- Rachel Vanessa Attwood
- SPENCER JOHN GRIMWADE
- Simon Laurence Mannering
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.3m |
| 31/03/2024 | £1.4m | £1.3m |
| 31/03/2023 | £1.4m | £1.2m |
| 31/03/2022 | £1.1m | £1.0m |
| 31/03/2021 | £496k | £608k |
Common questions
Is LORDSWOOD LEISURE CENTRE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that total income was £1,403,783 with a net income of £51,128 for the year ended 31 March 2025. Per the trustees' report, free reserves stood at £278,648, which is above the stated policy target of £250,000, and the charity remains financially sound with adequate resources to continue in operational existence. Its FY2025 accounts were audited by McCabe Ford Williams.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LOUIS BAYLIS CHARITABLE TRUST | 1 | £3k |
| THE SYLVIA AND COLIN SHEPHERD CHARITABLE TRUST | 1 | £1k |
Charities like this
- LORDSWOOD COMMUNITY PLAYGROUP
- WOLVERTON LEISURE TRUST
- YORK RI
- LEISURE FOCUS TRUST
- SHERBORNE SPORTS AND LEISURE LIMITED
- BASILDON SPORT & LEISURE CLUB
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LORDSWOOD LEISURE CENTRE LIMITED | £1.4m | — | 1 | unclear | — | no doubt |
| LORDSWOOD COMMUNITY PLAYGROUP | £343k | — | 0 | above | — | no doubt |
| WOLVERTON LEISURE TRUST | £2.1m | — | 0 | above | — | no doubt |
| YORK RI | £564k | — | 0 | unclear | — | no doubt |
| LEISURE FOCUS TRUST | £1.2m | more than £60,000 | — | unclear | — | no doubt |
| SHERBORNE SPORTS AND LEISURE LIMITED | £1.3m | — | 0 | unclear | — | no doubt |