GRANTHAM TENNIS CLUB LIMITED
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.
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.
What the accounts disclose
“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
“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
“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
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Isabelle Kate Pitcher
- Lianne Estelle Firth MBE
- Michael John Roys
- SARAH JANE PATTON BA HONS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 27/03/2024 | £8k | “Active@60+!” |
| Sport England | 15/06/2020 | £10k | COVID-19 CEF |
| Sport England | 02/11/2018 | £3k | Tennis at 65+ .. Why Not? |
| Sport England | 12/06/2018 | £5k | Tennis at 65+ .. Why Not? |