SILVERFIT LTD
To help & encourage mainly people over 50 to get active & fit (again) by providing exercise groups at various locations around London or referring via a website to exercise groups.
Financial health, per its FY2025 accounts
The accounts state that the charity made a surplus of £18,969 for the year ended 31 May 2025, with total income of £135,213 against total expenditure of £116,244. Per the trustees' report, total reserves stood at £84,531, comprising £39,820 in unrestricted funds, which exceeds the stated policy target of three months' expenditure. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Silverfit’s Trustees have set a reserves level equivalent to three months’ expenditure.”
“In addition to the transactions detailed in Note 6, the Charity received donations without any conditions from Trustees and Key Management Personnel of £9,800 (2024: £7,364) in aggregate.” — page 16
Trustees
- Paul James Perrychair
- Catherine Jane Shelley
- Janet McHugh
- Perviz Qureshi
- Sarah Elizabeth Foxton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £135k | £116k |
| 31/05/2024 | £131k | £99k |
| 31/05/2023 | £123k | £177k |
| 31/05/2022 | £182k | £183k |
| 31/05/2021 | £133k | £133k |
Common questions
Is SILVERFIT LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity made a surplus of £18,969 for the year ended 31 May 2025, with total income of £135,213 against total expenditure of £116,244. Per the trustees' report, total reserves stood at £84,531, comprising £39,820 in unrestricted funds, which exceeds the stated policy target of three months' expenditure. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds SILVERFIT LTD?
Funders whose own accounts filings name SILVERFIT LTD as a grant recipient include UNITED ST SAVIOUR'S CHARITY, SOUTHWARK CHARITIES, LONDON CATALYST, BARCHESTER HEALTHCARE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| UNITED ST SAVIOUR'S CHARITY | FY2024 | £22k | Grant towards continuation and expansion of its exercise and fitness sessions for Southwark's older people |
| UNITED ST SAVIOUR'S CHARITY | FY2023 | £20k | Older people's fitness and exercise |
| UNITED ST SAVIOUR'S CHARITY | FY2022 | £20k | Large Grant |
| UNITED ST SAVIOUR'S CHARITY | FY2023 | £20k | Grant towards continuation and expansion of its exercise and fitness sessions for Southwark's older people |
| SOUTHWARK CHARITIES | FY2024 | £19k | |
| SOUTHWARK CHARITIES | FY2021 | £19k | |
| SOUTHWARK CHARITIES | FY2023 | £6k | Grants awarded to community organisations and charities |
| LONDON CATALYST | FY2022 | £4k | To provide physical activity sessions to older people based around Whitton community centre |
| SOUTHWARK CHARITIES | FY2022 | £1k | |
| BARCHESTER HEALTHCARE FOUNDATION | FY2022 | £1k | Tai Chi and Qigong lessons for the over 45s to improve health and wellbeing. |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/11/2024 | £19k | Silverfit Kingston |
| City Bridge Foundation | 02/11/2023 | £150k | Grant to Silverfit Ltd |
| The National Lottery Community Fund | 20/01/2023 | £10k | Fun with Silverfit at Crystal Palace |
| Sport England | 14/06/2022 | £6k | Jubilee Fund - Silverfit Burgess Park |
| Sport England | 14/10/2021 | £80k | Core Market Open Fund 1 |
| The National Lottery Community Fund | 13/08/2021 | £10k | Be Silverfit in Camden |
| Sport England | 04/02/2021 | £5k | COVID19 Return to Play |
| UK government | 03/07/2020 | £9k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 12/09/2019 | £10k | Silverfit Crystal Palace |
| The National Lottery Community Fund | 18/05/2018 | £9k | Silver Fridays Enfield |
| Sport England | 06/04/2018 | £127k | Core Market Open Fund 1 |
| The National Lottery Community Fund | 11/11/2015 | £9k | Silver Wednesday |
| Greater London Authority | 06/01/2015 | £1k | Grant to Silverfit Ltd |
| Sport England | 17/07/2013 | £10k | Silverfit Fitness & Fun Sessions |