THE CHERITON ROAD SPORTS GROUND TRUST
Development of the area known as The Cheriton Road Sports Ground. Operation of the Three Hills Sports Park.
Financial health, per its FY2025 accounts
The charity holds unrestricted reserves of £391,031, which the trustees consider sufficient to cover approximately six months of expenses. The total net assets decreased from £6,206,351 to £5,996,370 due to a net expenditure of £209,981 on charitable activities. The accounts were subject to independent examination rather than audit, with no matters causing concern identified by the examiner.
What the accounts disclose
“The trustees have adopted a reserves policy that the unrestricted reserves are sufficient to cover the charitable company's expenses for a period of, approximately, six months.” — page 5
“In accordance with good practice, the trustees have adopted a reserves policy that the unrestricted reserves are sufficient to cover the charitable company's expenses for a period of, approximately, six months.” — page 5
“The charitable company rents the long leasehold property to the subsidiary company, CRSGT (Trading) Limited. The rent charged in the year was £20,011 (2024- £40,352). There were no other related party transactions for the year ended 30 June 2025.” — page 19
“The charitable company rents the long leasehold property to the subsidiary company, CRSGT (Trading) Limited.” — page 19
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/06/2023)
Trustees
- Alwyn Joseph Fernandes
- James Alexander Douse
- Joanna Krayenbrink
- Neil Martin Bristow
- Robert Burke
- Stephen Shaw
- Tina Helen Eke
- Victoria Shelagh Baxter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £90k | £300k |
| 30/06/2024 | £194k | £251k |
| 30/06/2023 | £759k | £255k |
| 30/06/2022 | £632k | £207k |
| 30/06/2021 | £233k | £302k |
Common questions
Is THE CHERITON ROAD SPORTS GROUND TRUST financially healthy?
Per its FY2025 accounts: The charity holds unrestricted reserves of £391,031, which the trustees consider sufficient to cover approximately six months of expenses. The total net assets decreased from £6,206,351 to £5,996,370 due to a net expenditure of £209,981 on charitable activities. The accounts were subject to independent examination rather than audit, with no matters causing concern identified by the examiner. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 28/06/2024 | £15k | Expanding basketball opportunities for Folkestone’s children |
| Sport England | 04/10/2022 | £30k | Athletics Track and Pavilion |
| UK government | 23/07/2020 | £10k | Coronavirus Community Support Fund |
| Sport England | 02/06/2020 | £10k | COVID-19 CEF |