Burnley Leisure and Culture
Financial health, per its FY2023 accounts
The accounts state that the charity finished the year on a small deficit which was covered from its General Reserve, resulting in unrestricted reserves of £308,613. The trustees note that the charity has insufficient reserves to deal with major unexpected adverse developments without direct support from Burnley Borough Council, which has confirmed its continued financial support. The pension scheme is in surplus, contributing to the overall net assets.
What the accounts disclose
“The related party, Burnley Borough Council, have confirmed their support to the charity by the offer of financial support in the following financial year. They have continued the provision of grant support and continued support of the charity in its cash flow requirements.” — page 20
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Ben Butterworth
- Callam James Barnes
- Donna Livesey
- Jacqueline Inkle
- Judith Caine
- Ryan Spencer Bradley
- Sharron Louise Haworth-Pearson
- Uzma Raziq
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.9m | £7.6m |
| 31/03/2024 | £7.2m | £7.1m |
| 31/03/2023 | £6.3m | £7.2m |
| 31/03/2022 | £5.7m | £6.4m |
| 31/03/2021 | £3.8m | £3.8m |
Common questions
Is Burnley Leisure and Culture financially healthy?
The accounts state that the charity finished the year on a small deficit which was covered from its General Reserve, resulting in unrestricted reserves of £308,613. The trustees note that the charity has insufficient reserves to deal with major unexpected adverse developments without direct support from Burnley Borough Council, which has confirmed its continued financial support. The pension scheme is in surplus, contributing to the overall net assets. Its FY2023 accounts were audited by Ainsworths Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 30/11/2016 | £10k | "Planning to transform the Heritage of Burnley Mechanics" |
| The National Lottery Heritage Fund | 12/01/2015 | £14k | "Thompson Park Young Roots: Our Park, Our Town, Our Time" |
| The National Lottery Heritage Fund | 19/04/2010 | £24k | "Towneley Time Travellers" |