NUNEATON & BEDWORTH LEISURE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a consolidated deficit of £24,633 for the year ended 31 March 2025, primarily due to a depreciation charge of £91,135 related to planned investment in assets. Per the trustees' report, the underlying operating surplus was £66,502, and unrestricted reserves increased to £703,808, which is above the stated policy target of £500,000. The trustees confirmed adequate resources for the foreseeable future with no material uncertainties identified by the auditors.
What the accounts disclose
“NBLT’s subsidiary, Leisure Avenues Limited, manages all sales of café and vending items, together with other ancillary sales, at all of the sites.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Kay Fawcettchair
- EMMA MITCHELL
- Kerry Nicola Orton
- Mark Bradbury
- Oliver John Wheldon
- Professor Michael Duncan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.7m | £2.7m |
| 31/03/2024 | £2.5m | £2.5m |
| 31/03/2023 | £2.2m | £2.3m |
| 31/03/2022 | £2.1m | £2.3m |
| 31/03/2021 | £1.7m | £2.0m |
Common questions
Is NUNEATON & BEDWORTH LEISURE TRUST financially healthy?
The accounts state that the charity reported a consolidated deficit of £24,633 for the year ended 31 March 2025, primarily due to a depreciation charge of £91,135 related to planned investment in assets. Per the trustees' report, the underlying operating surplus was £66,502, and unrestricted reserves increased to £703,808, which is above the stated policy target of £500,000. The trustees confirmed adequate resources for the foreseeable future with no material uncertainties identified by the auditors. Its FY2025 accounts were audited by Flint & Thompson Limited.