TONBRIDGE AND MALLING LEISURE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £312,181 for the year, driven by significant increases in energy costs which were partially mitigated by a £670,000 service fee from the local authority. Total unrestricted funds before accounting for the pension surplus were £1,185,015, with the Board noting that the current budget forecasts a further trading deficit and does not represent a sustainable way forward without renegotiating the service fee.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALAN CHARLES NICHOLL FCA FCCAchair
- ANTONY PETER BURDON
- JACQELINE FRANCES BUTTERY
- KIMBERLEY VICTORIA BENNETT
- Keith Simon Tunstall
- MARK OSMOND DAVIS
- PIA PHILBEY
- SIMON WHITE
- SRIVIDHYA RATNAM
- TIMOTHY BISHOP
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £11.2m | £10.4m |
| 31/03/2024 | £11.1m | £10.5m |
| 31/03/2023 | £9.7m | £10.0m |
| 31/03/2022 | £7.4m | £7.2m |
| 31/03/2021 | £4.9m | £5.6m |
Common questions
Is TONBRIDGE AND MALLING LEISURE TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £312,181 for the year, driven by significant increases in energy costs which were partially mitigated by a £670,000 service fee from the local authority. Total unrestricted funds before accounting for the pension surplus were £1,185,015, with the Board noting that the current budget forecasts a further trading deficit and does not represent a sustainable way forward without renegotiating the service fee. Its FY2023 accounts were audited by McCabe Ford Williams.