WIGTON BATHS TRUST
Provision of public swimming baths at Wigton Cumbria
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £73,559 for the year, with total income increasing by approximately 38% to £332,653. However, the trustees report that free/unrestricted reserves are negative at £8,926, which is below the stated policy target of £20,000, although total unrestricted funds carried forward are £182,288. The trustees note that financial sustainability for the next 12 months depends on ongoing cost containment and reducing employment costs.
What the accounts disclose
“The trust reserve policy requires the trust to maintain a balance of £20,000 to cover the costs, should they be required, of winding up the charity.” — page 6
“The Trustees have reviewed the operations of the Trust and have prepared the Annual Report on a going concern basis, with a view that the financial sustainability of the Trust can most likely continue for the next 12 months with our ongoing cost containment & reduction activities along with maximising our footfall. These will help address the financial challenges that face the Trust, but this does require that employment costs are reduced.” — page 5
“L Baxter was paid £8,011 (2024 - £4,775) of remuneration during the year for teaching swimming lessons, authority for these payments was obtained from the Charity Commission.” — page 19
“L Baxter was paid £8,011 (2024 - £4,775) of remuneration during the year for teaching swimming lessons, authority for these payments was obtained from the Charity Commission.” — page 19
Property (HM Land Registry)
Trustees
- Amanda Mattinson
- Gail Johnson
- Jo Wolloff
- Kevin Armstrong
- Louise Baxter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £333k | £259k |
| 31/03/2024 | £241k | £265k |
| 31/03/2023 | £248k | £198k |
| 31/03/2022 | £193k | £177k |
| 31/03/2021 | £138k | £142k |
Common questions
Is WIGTON BATHS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £73,559 for the year, with total income increasing by approximately 38% to £332,653. However, the trustees report that free/unrestricted reserves are negative at £8,926, which is below the stated policy target of £20,000, although total unrestricted funds carried forward are £182,288. The trustees note that financial sustainability for the next 12 months depends on ongoing cost containment and reducing employment costs. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 31/07/2023 | £25k | Unrestricted Funding |
| Sport England | 04/05/2022 | £20k | Pool Hall improvements |
| Sport England | 23/05/2019 | £78k | Leisure centre extension |