CIRCADIAN TRUST

Registered charity 1111467 · accounts filings on the Charity Commission register · also known as SOUTH GLOUCESTERSHIRE LEISURE

Provision of sport, recreational and leisure facilities.Promotion and protection of good health.

Causes: Amateur Sport · website · Get email alerts

Latest income
£14.1m
Latest spending
£13.5m
Registered
2005
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a surplus of £461,521 for the year ended 31 March 2025, with total income rising to £14.1 million. Per the trustees' report, unrestricted reserves stood at £3 million at year-end, although the charity notes it is below its stated policy target of £2.2 million in free reserves. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £3.0m; policy: three months of trading expenses)
“At the year end we should have had free reserves of £2.2m against actual reserves of £1.7m. Our plan is to continue steadily replenishing our reserves until we meet our target.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Sphere Leisure Limited
“The wholly owned trading subsidiary Sphere Leisure Limited is incorporated in the United Kingdom (company number 05449293) and pays profits up to its taxable threshold to the charity through dividends. Sphere Leisure Limited operates the cafes and all other commercial trading operations on behalf of the Trust.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sumer Auditco Limited. Discloses 4 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Property (HM Land Registry)

5 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Total income
£14.1m
Total spending
£13.5m
Reserves (reported)
£3.1m
Employees
221

Reported reserves equal ~2.7 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: South Gloucestershire

Income and spending

Financial year endIncomeSpending
31/03/2025£14.1m£13.5m
31/03/2024£13.0m£12.5m
31/03/2023£12.0m£11.9m
31/03/2022£10.1m£10.4m
31/03/2021£5.7m£8.2m

Common questions

Is CIRCADIAN TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £461,521 for the year ended 31 March 2025, with total income rising to £14.1 million. Per the trustees' report, unrestricted reserves stood at £3 million at year-end, although the charity notes it is below its stated policy target of £2.2 million in free reserves. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Sumer Auditco Limited.

Who funds CIRCADIAN TRUST?

Funders whose own accounts filings name CIRCADIAN TRUST as a grant recipient include THE LANCASHIRE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE LANCASHIRE FOUNDATIONFY2022£2k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Sport England02/05/2017£1kBRADLEY STOKE efficiency & sustainability initiatives
Sport England20/03/2017£120kBRADLEY STOKE efficiency & sustainability initiatives
Sport England11/03/2015£317kBRADLEY STOKE efficiency & sustainability initiatives
Sport England23/02/2015£309kYATE LEISURE CENTRE efficiency and sustainability initiative

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with DACORUM SPORTS TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CIRCADIAN TRUST£14.1m——below—no doubt
DACORUM SPORTS TRUST FY2025£3.2mUnder £60,0000above—no doubt
BH LIVE FY2025£48.1m£160,001 - £170,000—unclear—no doubt
CAMBRIDGE SPORTS HALL TRUST LIMITED FY2025£1.2m—0below—no doubt
PRESTON NORTH END COMMUNITY AND EDUCATION TRUST FY2025£1.8m£60,001 - £70,0001above—no doubt
YORK RI FY2025£564k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.