AVENUE TENNIS
To promote community participation by the provision of a tennis academy and other sports facilities for healthy recreation or other leisure time occupation for the benefit of the inhabitants of Medway and the surrounding area (including open membership to individuals, community groups and schools) in the interests of social welfare and with the object of improving the condition of life.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £42,852 for the year ended 30 April 2025, resulting in a decrease in unrestricted funds from £280,157 to £237,305. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity's reserves policy targets maintaining unrestricted funds equivalent to three to six months of expenditure, a level the trustees consider has been maintained.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "above" (FY2025).
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- COLIN JARVISchair
- Alan Rainer
- CLAIRE JARVIS
- GLEN JARVIS
- Keith Grubb
- Mark Ian Diffey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £681k | £723k |
| 30/04/2024 | £550k | £475k |
| 30/04/2023 | £491k | £502k |
| 30/04/2022 | £488k | £430k |
| 30/04/2021 | £130k | £96k |
Common questions
Is AVENUE TENNIS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £42,852 for the year ended 30 April 2025, resulting in a decrease in unrestricted funds from £280,157 to £237,305. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity's reserves policy targets maintaining unrestricted funds equivalent to three to six months of expenditure, a level the trustees consider has been maintained. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TIM HENMAN FOUNDATION | 1 | £15k |
| THE FINNIS SCOTT FOUNDATION | 1 | £3k |
Charities like this
- SUTTON TENNIS & SQUASH CLUB
- AVENUE HOUSE ESTATE TRUST
- WIGMORE LAWN TENNIS CLUB
- RYCROFT LEISURE
- TENNIS SHROPSHIRE
- EAST DORSET LAWN TENNIS & CROQUET CLUB LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AVENUE TENNIS | £681k | — | 0 | above | — | no doubt |
| SUTTON TENNIS & SQUASH CLUB | £375k | — | 0 | unclear | — | no doubt |
| AVENUE HOUSE ESTATE TRUST | £687k | — | 0 | unclear | — | no doubt |
| WIGMORE LAWN TENNIS CLUB | £241k | — | 0 | unclear | — | no doubt |
| RYCROFT LEISURE | £340k | — | 0 | unclear | — | no doubt |
| TENNIS SHROPSHIRE | £122k | — | 0 | unclear | — | no doubt |