1610 LIMITED

Registered charity 1130010 · accounts filings on the Charity Commission register · also known as SOMERSET LEISURE LIMITED

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Latest income
£3.3m
Latest spending
£3.6m
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net expenditure of £885,494 for the year, resulting in a reduction of total reserves from £1,261,258 to £924,764. The trustees confirm that the charity has sufficient reserves to continue trading for at least twelve months, even if its primary contract is not renewed. The financial position is supported by a reversal of a defined benefit pension deficit into a surplus.

What the accounts disclose

Trading subsidiary: Incedo Limited
1610 Limited owns 100% of the subsidiary Incedo Limited. The company's principal activity is to carry out trading activities on behalf of 1610 Limited. — page 33
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by A C Mole. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.3m
Total spending
£3.6m
Cost of raising funds
£75k
Reserves (reported)
£422k
Employees
167

Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Devon · Dorset · Somerset

Income and spending

Financial year endIncomeSpending
31/03/2025£3.3m£3.6m
31/03/2024£3.2m£3.2m
31/03/2023£3.3m£4.2m
31/03/2022£4.4m£4.2m
31/03/2021£3.5m£3.7m

Common questions

Is 1610 LIMITED financially healthy?

The accounts state that the charity reported a net expenditure of £885,494 for the year, resulting in a reduction of total reserves from £1,261,258 to £924,764. The trustees confirm that the charity has sufficient reserves to continue trading for at least twelve months, even if its primary contract is not renewed. The financial position is supported by a reversal of a defined benefit pension deficit into a surplus. Its FY2023 accounts were audited by A C Mole.