RTC SPORTS
The provision of sports, leisure and social facilities and services for the people of the Rede Tyne and Coquet valleys for the purposes of relaxation and with the object of improving conditions of life.
Financial health, per its FY2024 accounts
The accounts state that total funds decreased from £86,483 to £71,223 during the reporting period, driven by total expenditure of £73,023 against total income of £57,763. The charity holds unrestricted reserves of £46,451 and has no stated reserves policy target. The independent examiner confirmed that no material matters came to attention regarding the accounts or accounting records.
What the accounts disclose
Trustees
- Cheryl Wilson
- David Nelson
- Denise Corkin
- Graham Andrew Smith
- Kirsty Louise McConnell
- Lesley Ann Shaw
- Lisa Bonar
- Mark Nicholson
- Peter Francis Murphy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £58k | £68k |
| 31/12/2023 | £38k | £55k |
| 31/12/2022 | £20k | £30k |
| 31/12/2021 | £98k | £69k |
| 31/12/2020 | £56k | £84k |
Common questions
Is RTC SPORTS financially healthy?
Per its FY2024 accounts: The accounts state that total funds decreased from £86,483 to £71,223 during the reporting period, driven by total expenditure of £73,023 against total income of £57,763. The charity holds unrestricted reserves of £46,451 and has no stated reserves policy target. The independent examiner confirmed that no material matters came to attention regarding the accounts or accounting records. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/03/2021 | £10k | Activity Development Officer for Leisure Centre in Rural Northumberland |
| The National Lottery Community Fund | 10/05/2018 | £9k | North Tyne Youth Summer Programme 2018 |