LTA TENNIS FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted general reserves were £12.6m, which is higher than the current target level, though the charity plans to utilise reserves over the next three years for facility investments and operational deficits. Per the trustees' report, the charity maintains an appropriate level of liquidity with £15.7m in current asset investments to meet short-term requirements.
What the accounts disclose
“Although the remaining balance is higher than the current target level of reserves, LTA TF plans to utilise reserves over the next three years to invest in community-accessible tennis facilities and to fund operational deficits whilst building its fundraising capacity.” — page 20
“LTA TF received donations to the total of £2,371k (2023: £nil) from LTA in the year.” — page 51
“LTA TF was charged £703k (2023: £1,121k) by LTA Operations Limited to cover staff seconded for the Park Tennis Project and £227k (2023: £407k) for operational parks expenditure.” — page 51
“LTA TF received donations to the total of £2,371k (2023: £nil) from LTA in the year.” — page 51
“LTA TF was charged £703k (2023: £1,121k) by LTA Operations Limited to cover staff seconded for the Park Tennis Project and £227k (2023: £407k) for operational parks expenditure.” — page 51
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Timothy Lawlerchair
- Alexander Pitt
- Bornmene Barikor
- Cynthia Muller
- Katherine Caroline Legg
- Oliver Scadgell
- Sandra Anne Procter
- Simon Naunton Steele
- Wendy Wai-King Plumb
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £4.0m | £5.5m |
| 31/12/2024 | £9.4m | £12.9m |
| 31/12/2023 | £18.5m | £22.3m |
| 31/12/2022 | £558k | £2.5m |
| 31/12/2021 | £5.2m | £2.3m |
Common questions
Is LTA TENNIS FOUNDATION financially healthy?
The accounts state that unrestricted general reserves were £12.6m, which is higher than the current target level, though the charity plans to utilise reserves over the next three years for facility investments and operational deficits. Per the trustees' report, the charity maintains an appropriate level of liquidity with £15.7m in current asset investments to meet short-term requirements. Its FY2024 accounts were audited by PricewaterhouseCoopers LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| STREETGAMES UK | 1 | £500k |
| MISSION INDIA | 1 | £75k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | 1 | £50k |
| ACTIVE ESSEX FOUNDATION | 1 | £14k |
| CHELTENHAM ROUND TABLE CHARITABLE TRUST FUND | 1 | £800 |
| THE QUILTER FOUNDATION | 1 | £786 |
| CBRE UK CHARITABLE TRUST | 1 | £500 |