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CELTIC LEISURE

Registered charity 1161131 · accounts filings on the Charity Commission register · also known as NEATH PORT TALBOT LEISURE LIMITED

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Latest income
£9.4m
Latest spending
£9.1m
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £465,295 for the year ended 31 March 2025, following a deficit in the prior year. Per the trustees' report, unrestricted reserves stood at £1,243,408, exceeding the updated policy target of £850,000, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: £850,000 (held: £1.2m)
“At the end of the financial year, the Company reviewed and updated its cash reserves policy, determining that a sustainable level of free cash reserves should be £850,000.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Two trustees received remuneration from their employment with the charity but not for their services as a Trustee.
“During the year two trustees received remuneration from their employment with the charity but not for their services as a Trustee.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 18
“A Trustee during our year was also a director of a related party, Sales to this company was £13,101 (2024: £9,731) and purchases £7,162 (2024: £23,430). These transactions took place at arms length.” — page 26
“Celtic Leisure has received income of £4,040,010 (2024: £3,641,248) from Neath Port Talbot Council in the year ended 31st March 2025, of this £3,541,342 relates to management fees” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 18
“A Trustee during our year was also a director of a related party, Sales to this company was £13,101 (2024: £9,731) and purchases £7,162 (2024: £23,430). These transactions took place at arms length.” — page 26
“Celtic Leisure has received income of £4,040,010 (2024: £3,641,248) from Neath Port Talbot Council in the year ended 31st March 2025, of this £3,541,342 relates to management fees” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Bevan Buckland LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£9.4m
Total spending
£9.1m
Reserves (reported)
£1.1m
Employees
370

Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Neath Port Talbot

Income and spending

Financial year endIncomeSpending
31/03/2025£9.4m£9.1m
31/03/2024£9.1m£9.4m
31/03/2023£7.0m£7.6m
31/03/2022£6.0m£6.9m
31/03/2021£5.4m£6.1m

Common questions

Is CELTIC LEISURE financially healthy?

The accounts state that the charity reported a net surplus of £465,295 for the year ended 31 March 2025, following a deficit in the prior year. Per the trustees' report, unrestricted reserves stood at £1,243,408, exceeding the updated policy target of £850,000, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Bevan Buckland LLP.