MYTIME ACTIVE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £56,895 for the year ended 31 March 2025, following a surplus in the prior year, due to the closure of two leisure centres and lower revenue. Despite this, the charity maintained unrestricted reserves of £5.36 million, which exceeds its stated policy target of £3.7 million, and the auditors confirmed the appropriateness of the going concern basis despite noted economic and contractual uncertainties.
What the accounts disclose
“£180,001 - £190,000 1” — page 33
“The economic uncertainty will continue to challenge the trading position of the parent Charitable Company and its subsidiary undertaking for the next 12 months. In addition to the wider economic uncertainties, the Charitable Company is faced with specific uncertainties relating to the commencement date of certain contracts and leases with some key customers, which at the time of writing this report are not fully known.” — page 15
“Trustee Cllr R Evans is a Director of the Impact Multi-Academy Trust. Transactions relate to the hire of sports facilities by the academy trust, These sales totalled £1,073 (2024: £457) and a balance of fnil (2024: £nil) was due to Mytime Active at 31 March 2025” — page 45
“Trustee J Shakespeare is Director of Strategic Projects at 4Global. Transactions relate to the purchase of an annual subscription. The purchases totalled £7,626 and a balance of Enil was due by Mytime Active at 31 March 2025” — page 45
“Trustee Cllr R Evans is a Director of the Impact Multi-Academy Trust. Transactions relate to the hire of sports facilities by the academy trust, These sales totalled £1,073 (2024: £457) and a balance of fnil (2024: £nil) was due to Mytime Active at 31 March 2025” — page 45
“Trustee J Shakespeare is Director of Strategic Projects at 4Global. Transactions relate to the purchase of an annual subscription. The purchases totalled £7,626 and a balance of Enil was due by Mytime Active at 31 March 2025” — page 45
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2025).
Corporate structure
- Registered company of the charity Companies House 04809606
Leadership, per the charity’s website
- Steven May — Chief Executive Officer
- Nik Marinov — Finance Director
- Lee Clark — Operations Director
- Kelly Stead — Commercial Director
- Rhona Mason — Human Resources Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Ann Maureen Hearn
- Caroline Briggs
- Christopher Kettle
- Cllr. Joshua Matthew Philip King Cllr.
- Colin Douglas
- Elizabeth Anne Romano
- Jack Shakespere
- James Alexander Nickson
- Mark Crichton
- NIGEL JORDAN
- Shelagh Kirkland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £23.2m | £23.2m |
| 31/03/2024 | £25.4m | £24.5m |
| 31/03/2023 | £22.8m | £23.2m |
| 31/03/2022 | £20.1m | £19.8m |
| 31/03/2021 | £14.7m | £18.6m |
Common questions
Is MYTIME ACTIVE financially healthy?
The accounts state that the charity reported a net deficit of £56,895 for the year ended 31 March 2025, following a surplus in the prior year, due to the closure of two leisure centres and lower revenue. Despite this, the charity maintained unrestricted reserves of £5.36 million, which exceeds its stated policy target of £3.7 million, and the auditors confirmed the appropriateness of the going concern basis despite noted economic and contractual uncertainties. Its FY2025 accounts were audited by McCabe Ford Williams.
What does the highest-paid employee of MYTIME ACTIVE earn?
Per its FY2025 accounts, the highest-paid employee was in the £180,001 - £190,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| E AND E KERNKRAUT CHARITIES LIMITED | 2 | £64k |
| FRIENDS OF WIZNITZ LIMITED | 1 | £335k |
| SF FOUNDATION | 1 | £209k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £154k |
| CMZ LTD | 1 | £137k |
| NES FOUNDATION LTD | 1 | £112k |
| MERCAZ TORAH VECHESED LIMITED | 1 | £104k |
| TAGMARSH CHARITY LIMITED | 1 | £75k |