CELTIC LEISURE
Celtic Leisure operates leisure and cultural venues in the county borough of Neath Port Talbot
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
“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
“During the year two trustees received remuneration from their employment with the charity but not for their services as a Trustee.” — page 19
“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
“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
Corporate structure
- Registered company of the charity Companies House 09519616
Company officers (Companies House)
- JONES, Gareth Lee on trustee list
- WALKER, Paul on trustee list
- MILLER, Beverley on trustee list
- RANDALL, Paul on trustee list
- DAVIES, Garry Christopher on trustee list
- WORTH, Harold Henry on trustee list
- FOWLER, Philomena Lucy on trustee list
- MORRIS-SAYCE, Helen Jane
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Beverley Miller
- Gareth Lee Jones
- Garry Davies
- HAROLD WORTH
- PHILOMENA LUCY Fowler
- Paul Randall
- Paul Walker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2025 accounts were audited by Bevan Buckland LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £519k |
| HEREFORDSHIRE COMMUNITY FOUNDATION | 1 | £10k |
Charities like this
- Aneurin Leisure Trust
- The Neath Port Talbot Community Voluntary Service Limited
- CARN BREA LEISURE CENTRE TRUST
- QUEENSBURY CELTIC FOOTBALL CLUB LIMITED
- PORT TALBOT MINISTRY AREA COUNCIL CIO
- NEATH PORT TALBOT SHOPMOBILITY SCHEME
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CELTIC LEISURE | £9.4m | — | — | unclear | — | no doubt |
| Aneurin Leisure Trust | £10.6m | — | — | unclear | — | no doubt |
| The Neath Port Talbot Community Voluntary Service Limited | £1.7m | £84,890 | 0 | unclear | — | no doubt |
| CARN BREA LEISURE CENTRE TRUST | £2.5m | — | 0 | unclear | — | no doubt |
| QUEENSBURY CELTIC FOOTBALL CLUB LIMITED | £100k | — | 0 | unclear | — | no doubt |
| PORT TALBOT MINISTRY AREA COUNCIL CIO | £967k | — | — | unclear | — | no doubt |