MERIDEN SPORTS AND RECREATION TRUST
The Trust's mission is to make sure that Meriden and its surrounding area is well served by sports facilities into the foreseeable future, supporting the core operating costs of Meriden Sports Park and providing small grants to encourage other sports and recreational initiatives in the area.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £94,579 and endowment funds of £2,309,770, resulting in total funds of £2,404,349. The trustees have determined that holding reserves is unnecessary due to the charity's simple nature and minimal running costs. The charity reported a net expenditure of £109,531 for the year, primarily driven by a £112,876 loss on the revaluation of its endowment investments.
What the accounts disclose
“The trustees have decided that holding reserves is unncessary due to the simple nature of the charity and it's minimal running costs.” — page 6
Register events
- Received assets from another charity (16/03/2023)
Trustees
- Adrian Wood
- Carol BUCKLAND
- David BUCKLAND
- GERRY RUSSELL
- Heather Mary Morton
- Richard Michael Lewis
- Russell John Mannix
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £72k | £78k |
| 31/03/2025 | £69k | £65k |
| 31/03/2024 | £67k | £58k |
| 31/03/2023 | £105k | £58k |
| 31/03/2022 | £63k | £58k |
Common questions
Is MERIDEN SPORTS AND RECREATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £94,579 and endowment funds of £2,309,770, resulting in total funds of £2,404,349. The trustees have determined that holding reserves is unnecessary due to the charity's simple nature and minimal running costs. The charity reported a net expenditure of £109,531 for the year, primarily driven by a £112,876 loss on the revaluation of its endowment investments. Its FY2025 accounts were independently examined.