SILVER LEYS TRUST
The provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities or for the general public at large in the interests of social welfare with the object of improving the condition of life of the said inhabitants
Objects
(1) SUBJECT TO THIS CLAUSE, THE OBJECTS OF THE CHARITY ARE:A) THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES OR FOR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITION OF LIFE OF THE SAID INHABITANTS; ANDB) (BUT ONLY IN SO FAR AS INCOME IS NOT REQUIRED FOR THE OBJECT IN SUB-CLAUSE (A) ABOVE) THE BENEFIT OF ANY CHARITABLE INSTITUTION IN THE AREA OF BENEFIT(2) SUBJECT TO CLAUSE 21 THE LAND IDENTIFIED IN PART 1 OF THE SCHEDULE TO THIS SCHEME MUST BE RETAINED BY THE TRUSTEES FOR USE FOR THE OBJECTS OF THE CHARITY(3) IF THE PROPERTY OF THE CHARITY IS NO LONGER REQUIRED FOR THE PROVISION OF RECREATION FACILITIES FOR THE AREA OF BENEFIT, THE OBJECT OF THE CHARITY WILL BE THE PROMOTION OF GENERAL CHARITABLE PURPOSES FOR THE BENEFIT OF THE INHABITANTS OF THE AREA OF BENEFIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £1,907 for the year ended 31 March 2025, with total funds increasing to £99,040. The trustees note that the main funding source is rental income and that the unrestricted fund is designed to cover anticipated expenditure. No material uncertainties or going concern issues were identified by the independent examiner.
What the accounts disclose
“The Unrestricted Fund is designed to be sufficient to deal with anticipated expenditure as well as exceptional costs occurring from time to time.” — page 3
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Richard Pricechair
- ALAN BRIERLEY
- RICHARD ROBERTS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £39k | £37k |
| 31/03/2024 | £36k | £21k |
| 31/03/2023 | £25k | £10k |
| 31/03/2022 | £22k | £17k |
| 31/03/2021 | £10k | £14k |
Common questions
Is SILVER LEYS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £1,907 for the year ended 31 March 2025, with total funds increasing to £99,040. The trustees note that the main funding source is rental income and that the unrestricted fund is designed to cover anticipated expenditure. No material uncertainties or going concern issues were identified by the independent examiner. Its FY2025 accounts were independently examined.