THE TENNIS & RACKETS ASSOCIATION LIMITED
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,982,000, which is above the trustees' policy target of approximately £500,000. The charity reported a net loss of £23,800 for the year, primarily driven by lower donations, but this was offset by significant investment gains of £253,000. The trustees confirm that resources are adequate and there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The total remuneration including benefits of the charity’s key management personnel amounts to £71.2k” — page 17
“The total remuneration including benefits of the charity’s key management personnel amounts to £71.2k” — page 17
“the unrestricted reserves should be sufficient to cover six months management expenses plus expected grants for the next three years. As at 30 June 2024 these are estimated to amount to approximately £500k.”
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
Funders the charity credits
- Atlantic Customer Solutions
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- ANDREW CHARLES POWER
- Andrew John Walter Page
- Dr VICTORIA JANE HARVEY
- James Ralph Acheson-Gray
- Juliette Louise Lambert
- Lucantonio Roberto Merola
- Nicholas Colin William James
- Richard James Compton-Burnett
- Robert William John Horn
- Ronald George Paterson
- Rory David Sutton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £654k | £602k |
| 30/06/2024 | £548k | £572k |
| 30/06/2023 | £584k | £588k |
| 30/06/2022 | £328k | £251k |
| 30/06/2021 | £328k | £251k |
Common questions
Is THE TENNIS & RACKETS ASSOCIATION LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £1,982,000, which is above the trustees' policy target of approximately £500,000. The charity reported a net loss of £23,800 for the year, primarily driven by lower donations, but this was offset by significant investment gains of £253,000. The trustees confirm that resources are adequate and there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
What does the highest-paid employee of THE TENNIS & RACKETS ASSOCIATION LIMITED earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds THE TENNIS & RACKETS ASSOCIATION LIMITED?
Funders whose own accounts filings name THE TENNIS & RACKETS ASSOCIATION LIMITED as a grant recipient include THE SIR JOHN RITBLAT FAMILY FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | FY2024 | £25k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | FY2023 | £25k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROGER DE HAAN CHARITABLE TRUST | 1 | £534k |
| DILLHAVEN LIMITED | 1 | £71k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |
| GLC CHARITABLE TRUST | 1 | £10k |
| CEO SLEEPOUT | 1 | £5k |
| JOHN JACKSON CHARITABLE TRUST | 1 | £700 |