SOUTHSEA SKATEPARK COMPANY
The provision of a large pay to enter skatepark, open to all, for a range of wheeled sports and activities
Financial health, per its FY2026 accounts
The accounts state that the charity incurred an overall loss for the year due to the highest number of lost days from wet weather since opening, which forced the use of reserves to sustain operations. The trustees are developing a contingency plan and a strategy to promote additional use to restore reserves to the required level of three months' operational costs.
What the accounts disclose
“The loss of earnings due to bad weather required us to use the reserves to sustain the park and a priority is now to restore the reserves to the required level.”
“The loss of earnings due to bad weather required us to use the reserves to sustain the park and a priority is now to restore the reserves to the required level.”
“The Shop: our wholly owned trading company operates the Skatepark shop and all trading profits are transferred to the charity to support the running of the skatepark.” — page 1
Year-over-year changes
- Going concern: no going-concern doubt (FY2025) → going-concern doubt noted (FY2026).
Property (HM Land Registry)
Trustees
- ANTHONY WILLIAM SPENCE
- CHRISTINE ANNE RICHARDS
- PAUL GONELLA
- Richard Alexander Ford Mr
- Samuel Dennis
- Victoria Wenyon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £137k | £135k |
| 31/03/2025 | £128k | £122k |
| 31/03/2024 | £92k | £99k |
| 31/03/2023 | £117k | £141k |
| 31/03/2022 | £139k | £118k |
Common questions
Is SOUTHSEA SKATEPARK COMPANY financially healthy?
Per its FY2026 accounts: The accounts state that the charity incurred an overall loss for the year due to the highest number of lost days from wet weather since opening, which forced the use of reserves to sustain operations. The trustees are developing a contingency plan and a strategy to promote additional use to restore reserves to the required level of three months' operational costs. Its FY2026 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 09/06/2020 | £5k | COVID-19 CEF |