EAGLES COMMUNITY FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £3,368,240, which is significantly above its stated policy target of approximately £447,000 (three months of expenditure). Although the group reported a net current liability position of £42,534, the trustees confirmed adequate resources for the foreseeable future with no material uncertainties identified by the auditors.
What the accounts disclose
“The Trustees have a target to maintain free reserves in unrestricted funds at a level which equates to approximately three months of charitable expenditure. At the year ended 31 July 2025 this equates to approximately £447,000” — page 32
“Geoffrey Forrester and Co Solicitors have provided a loan to Eagles Community Foundation. Geoffrey Forrester is a related party of David Forrester, a trustee of the Foundation. The loan was fully repaid by the Foundation on 27 December 2023.” — page 34
“The organisation has a 100% owned trading company, The Eagles Community Arena, incorporated on 18 December 2018. The subsidiary's results are consolidated into the financial statements of the charity.” — page 33
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- PAUL BLAKEchair
- ALAN YOUNGER
- DAVID LEWIS FORRESTER
- Daniel John Cooper
- ERIC VICTOR WILSON
- JEFFREY KING
- MS SU CUMMING
- Stephen Savage
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.8m | £2.0m |
| 31/07/2024 | £1.9m | £2.0m |
| 31/07/2023 | £1.6m | £1.6m |
| 31/07/2022 | £1.2m | £1.2m |
| 31/07/2021 | £974k | £927k |
Common questions
Is EAGLES COMMUNITY FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted reserves of £3,368,240, which is significantly above its stated policy target of approximately £447,000 (three months of expenditure). Although the group reported a net current liability position of £42,534, the trustees confirmed adequate resources for the foreseeable future with no material uncertainties identified by the auditors. Its FY2025 accounts were audited by Kinnair Associates Limited.