ASCB CHARITABLE FUND
The ASCB meets its objectives by making an annual grant to the 49 sports associations/unions. Making grants from the Army Sports Lottery (ASL). Making grants to individual sportsmen/women. Making grants for garrison/units for sports facilities/infrastructure.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £760,059 and increased its total funds to £13,262,271 as of 31 March 2024. Per the trustees' report, the charity holds sufficient free reserves to cover one year of expenditure and grant making, maintaining a healthy financial position despite inflationary pressures.
What the accounts disclose
“No employee received remuneration amounting to more than £60,000 in either year.” — page 31
“The ASCE Trustees have directed that sufficient reserves are retained to be able to sustain the delivery of sport in the Army and meet its annual liabilities should no income be available for a maximum of 12 months.” — page 9
“The only significant related party relationship is between the Army Sport Executive and the ASCF; the Army Sport staff are classified as Crown Servants. Funding of the Army Sport Executive is through a 60:40 combination of GiA funding and an annual grant from the ACF.” — page 12
“The wholly-owned trading subsidiary, ASCB Trading Limited, which is incorporated in England and Wales, pays all its profits to the Parent Charity.” — page 32
“The only significant related party relationship is between the Army Sport Executive and the ASCF; the Army Sport staff are classified as Crown Servants. Funding of the Army Sport Executive is through a 60:40 combination of GiA funding and an annual grant from the ACF.” — page 12
“The wholly-owned trading subsidiary, ASCB Trading Limited, which is incorporated in England and Wales, pays all its profits to the Parent Charity.” — page 32
“An estimated £2.55m would be due to PCSPS if the Charity were to close. This has not been provided for in these financial statements on the basis that the Charity is a going concern.”
“The wholly-owned trading subsidiary, ASCB Trading Limited, which is incorporated in England and Wales, pays all its profits to the Parent Charity.” — page 32
Leadership, per the charity’s website
- Maj Gen (Retd) D Amison CBE — Chief Executive Officer (CEO)
- Lt Col (Retd) P Leighton MBE — Chief Operating Officer (COO)
Funders the charity credits
- Army Sport Lottery
- Mongoose Agency
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Justin George Edward Stenhousechair
- Abigail Cullen
- Charlotte Winship
- DAVID HARLEY ATHOL ROWE
- Grant Jamie Kerr
- JAMES WILLIAM TAYLOR MBE
- NIGEL CHRISTOPHER ALLISON
- Philip John McBride
- ROSS HENZELL NOOTT
- Vincent Connelly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.4m | £8.8m |
| 31/03/2024 | £7.4m | £6.6m |
| 31/03/2023 | £6.7m | £6.2m |
| 31/03/2022 | £6.3m | £10.2m |
| 31/03/2021 | £6.7m | £4.6m |
Common questions
Is ASCB CHARITABLE FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £760,059 and increased its total funds to £13,262,271 as of 31 March 2024. Per the trustees' report, the charity holds sufficient free reserves to cover one year of expenditure and grant making, maintaining a healthy financial position despite inflationary pressures. Its FY2024 accounts were audited by Kreston Reeves LLP.
What does the highest-paid employee of ASCB CHARITABLE FUND earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds ASCB CHARITABLE FUND?
Funders whose own accounts filings name ASCB CHARITABLE FUND as a grant recipient include THE ARMY CENTRAL FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ARMY CENTRAL FUND | FY2022 | £844k | staff and management costs |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GUMBALL 3000 FOUNDATION LTD | 1 | £100k |
| TACKLE AFRICA | 1 | £53k |
| CBRE UK CHARITABLE TRUST | 1 | £500 |
Charities like this
- THE ARMY FOOTBALL ASSOCIATION
- ARMY RUGBY UNION TRUST
- THE SPORTS COUNCIL TRUST COMPANY
- ARMY RIFLE ASSOCIATION
- LAUREUS SPORT FOR GOOD FOUNDATION
- UKAF RUGBY FOOTBALL CLUB
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ASCB CHARITABLE FUND | £7.4m | Under £60,000 | 0 | unclear | — | no doubt |
| THE ARMY FOOTBALL ASSOCIATION | £335k | — | 0 | unclear | — | no doubt |
| ARMY RUGBY UNION TRUST | £885k | — | 0 | unclear | — | noted |
| THE SPORTS COUNCIL TRUST COMPANY | £4.0m | — | 0 | above | — | no doubt |
| ARMY RIFLE ASSOCIATION | £211k | — | 0 | unclear | — | no doubt |
| LAUREUS SPORT FOR GOOD FOUNDATION | £5.5m | — | — | unclear | — | no doubt |