WATERFRONT SPORTS & EDUCATION ACADEMY

Registered charity 1153993 · accounts filings on the Charity Commission register · also known as WATERFRONT B-ACTIVE CENTRE

WSEA covers Leicester & Leicestershire provides a range of sporting and educational activities and that works with disadvantage groups to enable them achieve a better quality of life.Boxing is major activity for the organisation alongside youth work,life and social skills, football, TableTennis

Objects

TO PROMOTE THE BENEFIT OF THE PUBLIC WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, NATIONALITY, AGE, DISABILITY, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS, BY ASSOCIATING TOGETHER THE PUBLIC AND THE STATUTORY AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION, AMATEUR SPORT (THE ADVANCEMENT OF WHICH PROMOTES HEALTH BY INVOLVING PHYSICAL OR MENTAL SKILL OR EXERTION) AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE-TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE PUBLIC.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£63k
Latest spending
£62k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £273 for the year ended 31 July 2025, with total incoming resources of £62,659 against total expenditure of £62,388. However, the charity holds negative unrestricted funds of £1,891 and has total net liabilities of £1,891, indicating it is technically insolvent on a balance sheet basis despite current liquidity being managed through bank loans.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Grants (39% of income)
“The main items of income are from grants of £24,406 (2024: £14,699) and Income-school of £21,943 (2024: £19,533).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation of £16,227 from Yuvraj Impex Limited (waived rent invoices); Trustee Mrs Tara Burgess is sole director of Yuvraj Impex Limited.
“During the year, the Charity received a donation of £16,227 (2024: £Nil) from Yuvraj Impex Limited, representing waived rent invoices. Additionally, the company has granted a rent-free period until 30 November 2026. The Charity's Trustee, Mrs Tara Burgess, serves as the sole director of Yuvraj Impex Limited.” — page 21
“During the year, The Charity received a grant of £Nil (2024: £7,200) from WSE Academy Ltd for which Mrs Tara Burgess serves as the sole director.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant of £Nil received from WSE Academy Ltd; Trustee Mrs Tara Burgess is sole director of WSE Academy Ltd.
“During the year, the Charity received a donation of £16,227 (2024: £Nil) from Yuvraj Impex Limited, representing waived rent invoices. Additionally, the company has granted a rent-free period until 30 November 2026. The Charity's Trustee, Mrs Tara Burgess, serves as the sole director of Yuvraj Impex Limited.” — page 21
“During the year, The Charity received a grant of £Nil (2024: £7,200) from WSE Academy Ltd for which Mrs Tara Burgess serves as the sole director.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: WSE Academy Ltd
“The Henry Smith Charity Samworth Bros WSE Academy Ltd” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

1 registered title 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.

Trustees · trustee networks

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

Operates in: Leicester City · Leicestershire

Income and spending

Financial year endIncomeSpending
31/07/2025£63k£62k
31/07/2024£44k£71k
31/07/2023£82k£108k
31/07/2022£117k£138k
31/07/2021£240k£248k

Common questions

Is WATERFRONT SPORTS & EDUCATION ACADEMY financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £273 for the year ended 31 July 2025, with total incoming resources of £62,659 against total expenditure of £62,388. However, the charity holds negative unrestricted funds of £1,891 and has total net liabilities of £1,891, indicating it is technically insolvent on a balance sheet basis despite current liquidity being managed through bank loans. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
Sport England30/01/2026£9kWaterfront
Sport England13/04/2021£9kCOVID19 Return to Play
Sport England11/06/2020£9kCOVID-19 CEF
The National Lottery Heritage Fund21/07/2016£10k"Incredible Inventions of Color: Black Inventors Exhibition"
The National Lottery Community Fund01/06/2016£7kWATERFRONT SUMMER SCHEME