GOSFORTH FIELDS SPORTS ASSOCIATION LIMITED
To provide recreational space and facilities.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds totalled £72,769 at year-end, which the trustees consider sufficient to cover at least two months of staff costs as per their reserves policy. The charity reported a net income increase of £32,283 to £482,405, driven by improved bar sales and pitch hire revenue, while maintaining adequate resources for future operations.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level to cover at least two month’s staff costs.” — page 5
Property (HM Land Registry)
Register events
- Received assets from another charity (26/02/2019)
Trustees
- JOHN PHILIP MORRISchair
- WAYNE LUMLEY
- WILLIAM ANTHONY HUTTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £482k | £450k |
| 30/11/2023 | £419k | £394k |
| 30/11/2022 | £361k | £334k |
| 30/11/2021 | £189k | £180k |
| 30/11/2020 | £182k | £187k |
Common questions
Is GOSFORTH FIELDS SPORTS ASSOCIATION LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds totalled £72,769 at year-end, which the trustees consider sufficient to cover at least two months of staff costs as per their reserves policy. The charity reported a net income increase of £32,283 to £482,405, driven by improved bar sales and pitch hire revenue, while maintaining adequate resources for future operations. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 10/01/2024 | £0 | COVID19 - Active Together (Crowdfunding) |