SWIMATHON FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £455,595, which is below its desired policy target of £600,000. Per the trustees' report, the charity has a cash balance of £833,305 and net current assets of £522,209, with the board considering these resources sufficient to cover working capital requirements for at least 12 months.
What the accounts disclose
“The current level of reserves is £455,595 and the desired level is of reserves are £600k.” — page 5
Corporate structure
- Registered company of the charity Companies House 04684234
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- PHILIP STINSONchair
- Deana Radice
- Donna Notaro
- Grant Pearce
- MATTHEW ADAM LEOPOLD
- RALPH RILEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £771k | £586k |
| 30/09/2024 | £794k | £678k |
| 30/09/2023 | £717k | £689k |
| 30/09/2022 | £565k | £835k |
| 30/09/2021 | £979k | £1.2m |
Common questions
Is SWIMATHON FOUNDATION financially healthy?
The accounts state that the charity held unrestricted reserves of £455,595, which is below its desired policy target of £600,000. Per the trustees' report, the charity has a cash balance of £833,305 and net current assets of £522,209, with the board considering these resources sufficient to cover working capital requirements for at least 12 months. Its FY2025 accounts were audited by MCA Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ONE FOOTSTEP | 1 | — |
| ZOUQ FOUNDATION | 1 | — |
| SABEEL FOUNDATION | 1 | £424k |
| RONTADES LIMITED | 1 | £300k |
| THE MOTIVATION CHARITABLE TRUST | 1 | £81k |
| EPSOM AND EWELL ISLAMIC SOCIETY | 1 | £52k |
| HALLMARK CARE HOMES FOUNDATION | 1 | £26k |
| THE DAKRI CHARITABLE TRUST | 1 | £4k |