ORMESBY TABLE TENNIS CLUB
The object of the CIO is the promotion of community participation in healthy recreation for the benefit of the residents of Middlesbrough, Ormesby and the surrounding area by provision of facilities for the playing of table tennis at all levels.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £14,558, which is slightly above the charity's stated policy target of maintaining approximately three months of running costs. The charity reported a net income of £421 for the year, with total income of £79,766 and total expenditure of £79,345, indicating a balanced financial position with no material uncertainties regarding going concern.
What the accounts disclose
“The charity has a reserve policy which is kept under review and which currently seeks to maintain a minimum level of reserves of approximately 3 months running costs.” — page 4
Trustees
- ALAN RANSOMEchair
- BRENDA STEPHENSON
- GARY WHYMAN
- Karl Shaw
- Paul Moppett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £80k | £79k |
| 31/07/2024 | £105k | £109k |
| 02/07/2023 | £60k | £69k |
| 02/07/2022 | £52k | £86k |
| 02/07/2021 | £43k | £52k |
Common questions
Is ORMESBY TABLE TENNIS CLUB financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £14,558, which is slightly above the charity's stated policy target of maintaining approximately three months of running costs. The charity reported a net income of £421 for the year, with total income of £79,766 and total expenditure of £79,345, indicating a balanced financial position with no material uncertainties regarding going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 12/04/2023 | £0 | Places and Spaces (Crowdfunding) |
| Sport England | 08/06/2020 | £7k | COVID-19 CEF |
| Sport England | 29/09/2011 | £10k | Ormesby Hopes for local school children aged 8 - 12 |