VISION REDBRIDGE CULTURE AND LEISURE
Registered charity 1122720 · accounts filings on the Charity Commission register
Provision of a wide range of leisure and cultural facilities across the geographical boundaries of London Borough of Redbridge.
Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Amateur Sport · Environment/conservation/heritage · Recreation · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £168,000 for the year, increasing its general fund reserves from £199,000 to £367,000. The trustees confirm the charity can meet all debts as they fall due and continue as a going concern, despite facing ongoing cost pressures from inflation and increased employer national insurance contributions. Total income for the year was £26,139,000, with the largest single source being the management fee from the local council.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Management Fee (42% of income)
“For the financial year ended 31st March 2025, the Management Fee received from the Council continues to be the largest single source of funding for Vision, representing 42% of our turnover of 26,139,000.” — page 84
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £1,000,000 (held: £367k)
“The Reserves Policy was reviewed by the Audit Committee in September 2022, and it was decided to increase the target Reserves from £750,000 to £1,000,000” — page 87
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 11
“During the year, £6,240 was paid to, and Venue hire of £12,219 was received from, Frenford Clubs, a charity of which Martin Solder, the Chair of Trustees, is also a Trustee.” — page 110
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Vision Redbridge Business Services Limited
“Vision Redbridge Business Services Limited (a trading company) was incorporated on 20th May 2011. Vision Redbridge Culture and Leisure Limited is the sole shareholder, holding 100 Ordinary £1 shares.” — page 112
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Moore Kingston Smith LLP. 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)
7 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)
Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Charitable activities (100% 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).
- Martin Denis Solderchair · trustee of 3 other charities
- CATHERINE JANE ROWAN
- Caroline Janet Ward
- Cllr Zulfiqar Hussain
- DAVID CHARLES THOROGOOD
- KEVIN JON PITTMAN
- Linda Perham
- Navdeep Kaur Johal
- Stephen John Wilks
Trustee list from the Charity Commission register (current, not historical).
Operates in: Redbridge
Income and spending
Common questions
Is VISION REDBRIDGE CULTURE AND LEISURE financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £168,000 for the year, increasing its general fund reserves from £199,000 to £367,000. The trustees confirm the charity can meet all debts as they fall due and continue as a going concern, despite facing ongoing cost pressures from inflation and increased employer national insurance contributions. Total income for the year was £26,139,000, with the largest single source being the management fee from the local council. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
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Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.