THE SPORTING MEMORIES FOUNDATION
We work together across generations to establish effective solutions on how to engage older people to tackle dementia, depression & loneliness. We recruit, train, manage and support volunteers to facilitate sporting memories activities across communities
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £23,478 for the year ended 31 March 2025, with total income of £146,782 against expenditure of £123,304. Per the trustees' report, general unrestricted reserves stood at £34,649, which the charity notes met its policy target of retaining a reserve equivalent to three months' average expenses. The financial position is further supported by cash at bank of £65,412 and a total net asset value of £60,185.
What the accounts disclose
“The aim is to continue to retain a general reserve equivalent to three months’ average expenses, as a contingency against any unavoidable reduction in income or other unforeseen circumstances affecting the charity’s business. This was met at the year end.” — page 8
Trustees
- Gareth Heard
- Richard James Armstrong
- Rory McCormick
- Susan Elizabeth Eltringham
- Waseem Khan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £147k | £123k |
| 31/03/2024 | £105k | £123k |
| 31/03/2023 | £82k | £146k |
| 31/03/2022 | £168k | £117k |
| 31/03/2021 | £251k | £223k |
Common questions
Is THE SPORTING MEMORIES FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £23,478 for the year ended 31 March 2025, with total income of £146,782 against expenditure of £123,304. Per the trustees' report, general unrestricted reserves stood at £34,649, which the charity notes met its policy target of retaining a reserve equivalent to three months' average expenses. The financial position is further supported by cash at bank of £65,412 and a total net asset value of £60,185. Its FY2025 accounts were independently examined.
Who funds THE SPORTING MEMORIES FOUNDATION?
Funders whose own accounts filings name THE SPORTING MEMORIES FOUNDATION as a grant recipient include THE MCCARTHY & STONE CHARITABLE FOUNDATION, BOOTS CHARITABLE TRUST, THE TUDWICK FOUNDATION, CHARTERED ACCOUNTANTS' LIVERY CHARITY, SIR JULES THORN CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MCCARTHY & STONE CHARITABLE FOUNDATION | FY2023 | £7k | Dementia Action Week |
| BOOTS CHARITABLE TRUST | FY2025 | £5k | |
| THE TUDWICK FOUNDATION | FY2023 | £3k | |
| CHARTERED ACCOUNTANTS' LIVERY CHARITY | FY2024 | £3k | Other grants |
| SIR JULES THORN CHARITABLE TRUST | FY2023 | £3k | Ann Rylands Small Donations |
| CHARLES S FRENCH CHARITABLE TRUST | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 03/11/2025 | £20k | Sporting Memories Occupational Therapy Pilot |
| Community Foundation North East | 16/10/2025 | £7k | Grant to The Sporting Memories Foundation |
| The National Lottery Community Fund | 01/03/2024 | £20k | Sporting Memories Hull |
| Sport England | 15/02/2022 | £9k | COVID19 Return to Play |
| The National Lottery Community Fund | 12/03/2021 | £10k | Sporting Memories Gateshead |
| The National Lottery Community Fund | 28/02/2019 | £94k | Suffolk Sporting Memories |