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Swindon Town FC Community Foundation

Registered charity 1121820 · accounts filings on the Charity Commission register · also known as SWINDON TOWN FOOTBALL IN THE COMMUNITY TRUST

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Latest income
£1.4m
Latest spending
£1.2m
Registered
2007
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net incoming resource of £186,401 for the year, resulting in total funds carried forward of £4,535,610. The trustees report that unrestricted funds of £2,803,022 were held at year-end, which exceeds the stated policy target of £500,000 considered adequate to cover six months of operating expenses. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: six-month period (held: £774k)
“It is the policy of the Foundation to maintain unrestricted funds at least at the level required to provide sufficient funds to cover operating expenses for a six-month period. In the opinion of the Trustees a figure of £500,000 is considered adequate to meet this requirement” — page 21
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Charlton Baker (Bristol) Ltd. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Swindon Town Community (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.4m
Total spending
£1.2m
Reserves (reported)
£774k
Employees
42

Reported reserves equal ~7.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Wiltshire · Zambia

Income and spending

Financial year endIncomeSpending
31/12/2024£1.4m£1.2m
31/12/2023£1.4m£1.1m
31/12/2022£1.7m£1.0m
31/12/2021£990k£757k
31/12/2020£1.0m£733k

Common questions

Is Swindon Town FC Community Foundation financially healthy?

The accounts state that the charity generated a net incoming resource of £186,401 for the year, resulting in total funds carried forward of £4,535,610. The trustees report that unrestricted funds of £2,803,022 were held at year-end, which exceeds the stated policy target of £500,000 considered adequate to cover six months of operating expenses. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Charlton Baker (Bristol) Ltd.