The Sports Trust
Financial health, per its FY2024 accounts
The accounts state that the Group generated an operational surplus of £183,223, excluding depreciation, despite reporting a total deficit of £113,486 for the year. The charity holds unrestricted reserves of £250,206, which are above its stated policy target of £25,000, although its trading subsidiary is in deficit. The trustees confirm there are no material uncertainties regarding the group's ability to continue as a going concern.
What the accounts disclose
“In the band £70,001 - £80,000” — page 25
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: Group 2024 No. In the band £70,001 - £80,000 1” — page 25
“Trustees agreed the target to aim for should be £25,000, growing to £50,000 in time.”
“The Roger De Haan Charitable Trust is related to The Sports Trust as Sophie Downey is the Stepdaughter of a trustee of The Roger De Haan Charitable Trust. During the year The Roger De Haan Charitable Trust made donations of £83,088 (2023: £201,250) towards the construction of the F51 Urban Skate Park and £25,000 (2023: £50,000) towards the CEO's salary have also been received from the Roger De Haan Charitable Trust. The Roger De Haan Charitable Trust provided a loan to the Charity during the building phase of F51.. The total amount outstanding at the balance sheet date was £4,000,000 (2023: £4,000,000). ” — page 34
“Rachel Haden, a member of the key management team, provides coaching services on a self employed basis and was paid £2,494 (2023: £4,186). The total amount outstanding at the balance sheet date was £921 (2023: £420).” — page 34
“The Roger De Haan Charitable Trust is related to The Sports Trust as Sophie Downey is the Stepdaughter of a trustee of The Roger De Haan Charitable Trust. During the year The Roger De Haan Charitable Trust made donations of £83,088 (2023: £201,250) towards the construction of the F51 Urban Skate Park and £25,000 (2023: £50,000) towards the CEO's salary have also been received from the Roger De Haan Charitable Trust. The Roger De Haan Charitable Trust provided a loan to the Charity during the building phase of F51.. The total amount outstanding at the balance sheet date was £4,000,000 (2023: £4,000,000). ” — page 34
“Rachel Haden, a member of the key management team, provides coaching services on a self employed basis and was paid £2,494 (2023: £4,186). The total amount outstanding at the balance sheet date was £921 (2023: £420).” — page 34
“The Roger De Haan Charitable Trust is related to The Sports Trust as Sophie Downey is the Stepdaughter of a trustee of The Roger De Haan Charitable Trust. During the year The Roger De Haan Charitable Trust made donations of £83,088 (2023: £201,250) towards the construction of the F51 Urban Skate Park and £25,000 (2023: £50,000) towards the CEO's salary have also been received from the Roger De Haan Charitable Trust. The Roger De Haan Charitable Trust provided a loan to the Charity during the building phase of F51.. The total amount outstanding at the balance sheet date was £4,000,000 (2023: £4,000,000). ” — page 34
“Rachel Haden, a member of the key management team, provides coaching services on a self employed basis and was paid £2,494 (2023: £4,186). The total amount outstanding at the balance sheet date was £921 (2023: £420).” — page 34
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Alison Clare Swonnell
- Briony Walsh
- DAMIAN COLLINS
- Gregory John Timmins
- Louisa Marie Eede
- Roisin Jean Mackenzie
- Sophie Downey
- Stephen Hughes
- Viscount Jacob Folkestone
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.4m | £1.5m |
| 31/08/2024 | £1.1m | £1.2m |
| 31/08/2023 | £1.1m | £1.4m |
| 31/08/2022 | £1.7m | £917k |
| 31/08/2021 | £2.1m | £429k |
Common questions
Is The Sports Trust financially healthy?
The accounts state that the Group generated an operational surplus of £183,223, excluding depreciation, despite reporting a total deficit of £113,486 for the year. The charity holds unrestricted reserves of £250,206, which are above its stated policy target of £25,000, although its trading subsidiary is in deficit. The trustees confirm there are no material uncertainties regarding the group's ability to continue as a going concern. Its FY2024 accounts were audited by UHY Hacker Young.
What does the highest-paid employee of The Sports Trust earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Who funds The Sports Trust?
Funders whose own accounts filings name The Sports Trust as a grant recipient include THE ROGER DE HAAN CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ROGER DE HAAN CHARITABLE TRUST | FY2024 | £534k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 31/07/2024 | £100k | Millionaire Street 2024 06w2 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | 1 | £50k |
| THE BATCHWORTH TRUST | 1 | £15k |
| THE ROGER RAYMOND CHARITABLE TRUST | 1 | £10k |
| THE HADFIELD CHARITABLE TRUST | 1 | £3k |
| JOHN JACKSON CHARITABLE TRUST | 1 | £700 |