1610 LIMITED
Registered charity 1130010 · accounts filings on the Charity Commission register · also known as SOMERSET LEISURE LIMITED
1. The advancement and support of education, cultural services and other related provision.2. The delivery/ management of leisure and recreation facilities- provision for hard to reach groups and key target groups that have barriers to participation3. The promotion and delivery of heath and wellbeing programmes4. PE and sport5. Other appropriate charitable proposes that have public benefit
Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Amateur Sport · Economic/community Development/employment · Recreation · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a £213,262 deficit, driven by increased staff costs, utilities, and depreciation. However, unrestricted reserves remained at £420,652, which the trustees confirm meets their minimum policy target of £200,000. The financial statements are prepared on a basis other than going concern because the trade and assets are set to be transferred to the parent company, Wealden Leisure Limited, with the intention to subsequently dissolve the charitable company.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Charitable activities (95% of income)
“Charitable activities 3,171,393 - 3,171,393 3,061,146” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: minimum Reserve of £200,000 (held: £421k)
“The Trust Board review the reserve policy annually and has a policy of holding a minimum Reserve of £200,000.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
“Accordingly the financial statements are prepared on a basis other than going concern. It is anticipated that the trade will continue uninterrupted as it transfers to the parent, and accordingly there are no adjustments made to the carrying value of assets and liabilities as at 31 March 2025.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The company paid for goods and services on behalf of Incedo Limited, a wholly owned subsidiary, to the value of £nil (2024: £1,219). A balance of £1,202 was owing from Incedo Limited at the balance sheet date.
“During the year the company paid for goods and services on behalf of Incedo Limited, a wholly owned subsidiary to the value of £nil (2024: £1,219). A balance of £1,202 (2024: £1,202) was owing from Incedo Limited at the balance sheet date.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by McCabe Ford Williams. Discloses 5 of 6 completeness components.
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → not a going concern (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Public profiles (found on the charity’s own website): facebook
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£75k
Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (95% 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: 2.2% of total income — below the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (11/03/2019) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (30/07/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Alan Peter Rustad
- David Talbut
Trustee list from the Charity Commission register (current, not historical).
Operates in: Devon · Dorset · Somerset
Income and spending
Common questions
Is 1610 LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a £213,262 deficit, driven by increased staff costs, utilities, and depreciation. However, unrestricted reserves remained at £420,652, which the trustees confirm meets their minimum policy target of £200,000. The financial statements are prepared on a basis other than going concern because the trade and assets are set to be transferred to the parent company, Wealden Leisure Limited, with the intention to subsequently dissolve the charitable company. Its FY2025 accounts were audited by McCabe Ford Williams.
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with MILTON KEYNES DONS FOOTBALL CLUB SPORTS & EDUCATION TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.