THE GALTRES CENTRE CHARITY
We provide Sport, Leisure and Arts facilities. Plus we hire facilities for individuals, Churches, Charities and Councils etc to hire for various types of events.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £75,523 for the year ended 31 March 2025, with total income increasing to £360,877. The trustees report that the financial position is satisfactory and that free reserves of £233,957 equate to six months of forward expenditure, which is within the stated policy target range of 6 to 12 months. The charity operates a defined contribution pension scheme and has no disclosed pension deficits or material uncertainties regarding its going concern status.
What the accounts disclose
“The Charity aims to maintain its free reserves in the range of 6 to 12 months forward expenditure for the Charity and Trading Subsidiary.” — page 5
“The total value of shared overhead costs charged by The Galtres Centre to its wholly owned subsidiary The Galtres Centre Trading Company Ltd in respect of the use of its facilities amounted to £27,179 (2024: £51,449).” — page 22
“The Galtres Centre Trading Company Limited also paid The Galtres Centre £24,000 (2024: £24,000) rent for a fitness suite and £5,000 (2024: £5,000) for the use of exercise machines.” — page 22
“The total value of shared overhead costs charged by The Galtres Centre to its wholly owned subsidiary The Galtres Centre Trading Company Ltd in respect of the use of its facilities amounted to £27,179 (2024: £51,449).” — page 22
“The Galtres Centre Trading Company Limited also paid The Galtres Centre £24,000 (2024: £24,000) rent for a fitness suite and £5,000 (2024: £5,000) for the use of exercise machines.” — page 22
“The total value of shared overhead costs charged by The Galtres Centre to its wholly owned subsidiary The Galtres Centre Trading Company Ltd in respect of the use of its facilities amounted to £27,179 (2024: £51,449).” — page 22
“The Galtres Centre Trading Company Limited also paid The Galtres Centre £24,000 (2024: £24,000) rent for a fitness suite and £5,000 (2024: £5,000) for the use of exercise machines.” — page 22
“The total value of shared overhead costs charged by The Galtres Centre to its wholly owned subsidiary The Galtres Centre Trading Company Ltd in respect of the use of its facilities amounted to £27,179 (2024: £51,449).” — page 22
“The Galtres Centre Trading Company Limited also paid The Galtres Centre £24,000 (2024: £24,000) rent for a fitness suite and £5,000 (2024: £5,000) for the use of exercise machines.” — page 22
“The charity has a wholly owned subsidiary The Galtres Centre Trading Company Ltd.” — page 13
Property (HM Land Registry)
Register events
- Received assets from another charity (18/01/2018)
Trustees
- CHRISTOPHER JOHN PEARSON
- David Bracewell
- Dr ROGER WESTERMAN
- JOHN ROBERT FARMER
- Jane Susan Wintermeyer
- NEIL MADDEN
- PAUL MARK DACK
- SUSAN MARGARET BRACEWELL
- Steven Hawksworth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £323k | £248k |
| 31/03/2024 | £309k | £366k |
| 31/03/2023 | £275k | £285k |
| 31/03/2022 | £230k | £253k |
| 31/03/2021 | £146k | £228k |
Common questions
Is THE GALTRES CENTRE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £75,523 for the year ended 31 March 2025, with total income increasing to £360,877. The trustees report that the financial position is satisfactory and that free reserves of £233,957 equate to six months of forward expenditure, which is within the stated policy target range of 6 to 12 months. The charity operates a defined contribution pension scheme and has no disclosed pension deficits or material uncertainties regarding its going concern status. Its FY2025 accounts were independently examined.