DACORUM SPORTS TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus for the second successive year, with total income rising to £3,192,552 against expenditure of £2,881,259. The trustees report that the merger with the parent group halted continual negative cash flow and provided financial stability, allowing for staff pay increases. Free unrestricted reserves stood at £578,032, which is above the stated aspiration target of £250,000.
What the accounts disclose
“There were no employees whose annual remuneration was more than £60,000.” — page 22
“The Board has an aspiration to increase its reserves as part of the Group to a level of £250,000 over the next 4 years” — page 5
“During the year, Dacourm Sports Trust paid £150,000 (2024: £120,000) to Absolutely Leisure, another subsidiary of Absolutely Together, for the support services provided in the period.” — page 28
“The Board of Trustees are also Directors of the parent company Absolutely Together and the wholly owned limited company and subsidiary Absolutely Together Trading. Where a taxable profit is made by the subsidiary this is gifted to the Charity.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALISON TAYLOR
- BRETT EDWARDS
- BRIAN DOE
- JENNIFER BLACKBURN
- Jacqueline Smith
- NICOLA FUNNELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.2m | £2.9m |
| 31/03/2024 | £2.3m | £2.3m |
| 31/03/2023 | £2.2m | £2.6m |
| 31/03/2022 | £2.0m | £2.1m |
| 31/03/2021 | £1.3m | £1.8m |
Common questions
Is DACORUM SPORTS TRUST financially healthy?
The accounts state that the charity achieved a surplus for the second successive year, with total income rising to £3,192,552 against expenditure of £2,881,259. The trustees report that the merger with the parent group halted continual negative cash flow and provided financial stability, allowing for staff pay increases. Free unrestricted reserves stood at £578,032, which is above the stated aspiration target of £250,000. Its FY2025 accounts were audited by Azets Audit Services.
What does the highest-paid employee of DACORUM SPORTS TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.