LOCKLEAZE SPORTS CENTRE TRUST LTD
The provision of sporting facilities for Lockleaze and the surrounding areas of Bristol
Objects
THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION IN PARTICULAR BY THE PROVISION OF FACILITIES FOR THE PLAYING OF SPORTS FOR THE BENEFIT OF THE INHABITANTS OF BRISTOL AND THE SURROUNDING AREA
Financial health, per its FY2024 accounts
The accounts state that the charity reported a consolidated deficit of £233,126 for the year, primarily driven by a non-monetary depreciation charge of £314,920. However, the trustees confirm the charity is in a strong financial position with unrestricted reserves of £924,455, which significantly exceed the stated policy target of £223,533 to £447,066. The auditor confirmed the financial statements give a true and fair view and there are no material uncertainties regarding going concern.
What the accounts disclose
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of expenditure. Budgeted expenditure for 2025 is £894,132 and therefore the target is £223,533 and £447,066 in general funds.”
“Trustee, Mr A Isaac is Head of Sport at UWE who are a major user of the facility with income of £49,252 (2023: £47,575) during the year. As at the year end UWE owed the trading subsidiary £7,748 (2023: £5,656). Trustee, Mr A Tutton is CEO of Bristol Rovers Community Trust who are a major user of the facility with income of £59,179 (2023: £58,136) during the year. As at the year end of Bristol Rovers Community Trust owed the trading subsidiary £3,986 (2023: £5,842)” — page 37
“Trustee, Mr A Tutton is CEO of Bristol Rovers Community Trust who are a major user of the facility with income of £59,179 (2023: £58,136) during the year. As at the year end of Bristol Rovers Community Trust owed the trading subsidiary £3,986 (2023: £5,842)” — page 37
“Trustee, Mr A Isaac is Head of Sport at UWE who are a major user of the facility with income of £49,252 (2023: £47,575) during the year. As at the year end UWE owed the trading subsidiary £7,748 (2023: £5,656). Trustee, Mr A Tutton is CEO of Bristol Rovers Community Trust who are a major user of the facility with income of £59,179 (2023: £58,136) during the year. As at the year end of Bristol Rovers Community Trust owed the trading subsidiary £3,986 (2023: £5,842)” — page 37
“Trustee, Mr A Tutton is CEO of Bristol Rovers Community Trust who are a major user of the facility with income of £59,179 (2023: £58,136) during the year. As at the year end of Bristol Rovers Community Trust owed the trading subsidiary £3,986 (2023: £5,842)” — page 37
“Trustee, Mr A Isaac is Head of Sport at UWE who are a major user of the facility with income of £49,252 (2023: £47,575) during the year. As at the year end UWE owed the trading subsidiary £7,748 (2023: £5,656). Trustee, Mr A Tutton is CEO of Bristol Rovers Community Trust who are a major user of the facility with income of £59,179 (2023: £58,136) during the year. As at the year end of Bristol Rovers Community Trust owed the trading subsidiary £3,986 (2023: £5,842)” — page 37
“Trustee, Mr A Tutton is CEO of Bristol Rovers Community Trust who are a major user of the facility with income of £59,179 (2023: £58,136) during the year. As at the year end of Bristol Rovers Community Trust owed the trading subsidiary £3,986 (2023: £5,842)” — page 37
“The day to day management and operation of the Facility is carried out on behalf of the Trust by Lockleaze Sports Centre Ltd (LSC Ltd), a trading subsidiary of the Trust.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ADRIAN MICHAEL SIDDORN
- Adam James Tutton
- Alex Isaac
- Andrew Stephen Mitchell
- Anthony Wright
- Kevin Millwood
- Philip Cheek
- Timothy James King
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £970k | £1.2m |
| 31/12/2023 | £2.3m | £990k |
| 31/12/2022 | £674k | £892k |
| 31/12/2021 | £637k | £759k |
| 31/12/2020 | £412k | £654k |
Common questions
Is LOCKLEAZE SPORTS CENTRE TRUST LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a consolidated deficit of £233,126 for the year, primarily driven by a non-monetary depreciation charge of £314,920. However, the trustees confirm the charity is in a strong financial position with unrestricted reserves of £924,455, which significantly exceed the stated policy target of £223,533 to £447,066. The auditor confirmed the financial statements give a true and fair view and there are no material uncertainties regarding going concern. Its FY2024 accounts were audited by TC Group.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 22/07/2021 | £50k | COVID-19 CLRF |
| Sport England | 09/02/2021 | £45k | Covid-19 Return to play |