GRANTHAM TENNIS CLUB LIMITED

Registered charity 1145571 · accounts filings on the Charity Commission register · also known as GRANTHAM TENNIS CLUB

Our objective as set out in our governing document is "The promotion of community participation in healthy recreation for the benefit of the inhabitants of Grantham and elsewhere as the directors may decide, in particular by the provision of facilities for playing tennis" - "Facilities" is defined as land, buildings , equipment and the organising of sporting activity including coaching.

Causes: Education/training · Amateur Sport · Recreation · website · Get email alerts

Latest income
£918k
Latest spending
£812k
Registered
2012
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds total unrestricted reserves of £3,456,074, which is an increase from the previous year's £3,354,721. The trustees consider the financial position to be satisfactory and have confirmed the going concern basis of preparation. The charity generated a net surplus of £105,986 for the year, driven primarily by trading activities.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Rent received from subsidiary
“During the year the charity received rent of £45,000 (2023: £45,000) from Grantham Tennis Club Trading Limited for the lease of premises.” — page 39
“Donations of Nil (2023: £2,000) were received during the year from various companies which are subsidiaries of Totemic (2014) Holdings Limited, a company in which Ms L E Firth is a shareholder and director.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from company connected to Trustee
“During the year the charity received rent of £45,000 (2023: £45,000) from Grantham Tennis Club Trading Limited for the lease of premises.” — page 39
“Donations of Nil (2023: £2,000) were received during the year from various companies which are subsidiaries of Totemic (2014) Holdings Limited, a company in which Ms L E Firth is a shareholder and director.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation from subsidiary
“During the year the charity received rent of £45,000 (2023: £45,000) from Grantham Tennis Club Trading Limited for the lease of premises.” — page 39
“Donations of Nil (2023: £2,000) were received during the year from various companies which are subsidiaries of Totemic (2014) Holdings Limited, a company in which Ms L E Firth is a shareholder and director.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by RPG Crouch Chapman LLP. Discloses 3 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£918k
Total spending
£812k
Cost of raising funds
£60k
Reserves (reported)
£433k
Employees
38

Reported reserves equal ~6.4 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other trading activities (97% 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: 6.5% of total income — above the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£918k£812k
31/12/2023£161k£167k
31/12/2022£236k£118k
31/12/2021£236k£98k
31/12/2020£128k£72k

Common questions

Is GRANTHAM TENNIS CLUB LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds total unrestricted reserves of £3,456,074, which is an increase from the previous year's £3,354,721. The trustees consider the financial position to be satisfactory and have confirmed the going concern basis of preparation. The charity generated a net surplus of £105,986 for the year, driven primarily by trading activities. Its FY2024 accounts were audited by RPG Crouch Chapman LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Sport England27/03/2024£8k“Active@60+!”
Sport England15/06/2020£10kCOVID-19 CEF
Sport England02/11/2018£3kTennis at 65+ .. Why Not?
Sport England12/06/2018£5kTennis at 65+ .. Why Not?