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SANDWELL LEISURE TRUST

Registered charity 1102431 · accounts filings on the Charity Commission register · also known as SANDWELL SPORT AND LEISURE TRUST

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Latest income
£14.2m
Latest spending
£13.7m
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net increase in funds of £512,360 for the year ended 31 March 2025, with total unrestricted funds standing at £3,558,234. The trustees confirmed adequate resources for going concern, supported by a supplementary agreement ensuring continued financial support from Sandwell MBC. The charity maintains uncommitted reserves of £1,935,149, which exceeds its stated policy target of £900,000.

What the accounts disclose

Reserves policy: £900k (held: £1.9m)
“The Board's current policy is to maintain an uncommitted reserve of £900k to protect against downside cost risks identified in our risk register.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by UHY Hacker Young (Birmingham) LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£14.2m
Total spending
£13.7m
Cost of raising funds
£118k
Reserves (reported)
£847k
Employees
446

Reported reserves equal ~0.7 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Sandwell · Worcestershire

Income and spending

Financial year endIncomeSpending
31/03/2025£14.2m£13.7m
31/03/2024£13.1m£12.9m
31/03/2023£10.5m£12.7m
31/03/2022£9.6m£11.7m
31/03/2021£7.5m£9.0m

Common questions

Is SANDWELL LEISURE TRUST financially healthy?

The accounts state that the charity reported a net increase in funds of £512,360 for the year ended 31 March 2025, with total unrestricted funds standing at £3,558,234. The trustees confirmed adequate resources for going concern, supported by a supplementary agreement ensuring continued financial support from Sandwell MBC. The charity maintains uncommitted reserves of £1,935,149, which exceeds its stated policy target of £900,000. Its FY2025 accounts were audited by UHY Hacker Young (Birmingham) LLP.