GAINSBOROUGH TRINITY FOUNDATION
THE RELIEF OF THOSE IN NEED BY REASON OF YOUTH, AGE, ILL-HEALTH, GENDER, ECONOMIC STATUS, DISABILITY OR OTHER DISADVANTAGE IN LINCOLNSHIRE.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted funds are in a deficit of £90,156, resulting from additional expenditure on a new 3G pitch and ongoing property repairs. The independent examiner noted that the charity used restricted funds to cover operational cash flow deficits, constituting an unauthorized internal loan and a breach of trust. The trustees acknowledge the deficit and state they are working to correct the position, expecting post-year-end funds to remove the overdraft.
What the accounts disclose
“The charity aims to hold unrestricted reserves equivalent to six months of expenditure so that if funding reduced it was able to carry out its activities for this period whilst further funding was gained. The level of six months funding would be £235,230 based on the current year.” — page 4
“During the period the charity made sales of £45,404 (2024: £4,343) with Gainsborough Trinity Football Club, a company in which the charity work closely with.” — page 19
“Included within other creditors is a loan balance of £17,000 (2024: £Nil) due to a member of key management personnel. The loan is interest-free and unsecured.” — page 19
“During the period the charity made sales of £45,404 (2024: £4,343) with Gainsborough Trinity Football Club, a company in which the charity work closely with.” — page 19
“Included within other creditors is a loan balance of £17,000 (2024: £Nil) due to a member of key management personnel. The loan is interest-free and unsecured.” — page 19
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- MATTHEW BOLESchair
- Ben Crawford
- John Anderson
- Robert Allison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £597k | £724k |
| 31/08/2024 | £466k | £627k |
| 31/08/2023 | £514k | £684k |
| 31/08/2022 | £768k | £705k |
| 31/08/2021 | £563k | £643k |
Common questions
Is GAINSBOROUGH TRINITY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted funds are in a deficit of £90,156, resulting from additional expenditure on a new 3G pitch and ongoing property repairs. The independent examiner noted that the charity used restricted funds to cover operational cash flow deficits, constituting an unauthorized internal loan and a breach of trust. The trustees acknowledge the deficit and state they are working to correct the position, expecting post-year-end funds to remove the overdraft. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 15/12/2025 | £15k | Gainsborough Girls Multi-Sports |
| Sport England | 04/09/2024 | £10k | After School Sports Club for SEND Young People |
| The National Lottery Community Fund | 04/08/2023 | £9k | MH- Active Holidays Project |
| Sport England | 08/04/2021 | £10k | COVID19 Return to Play |
| UK government | 23/09/2020 | £10k | Coronavirus Community Support Fund |
| Sport England | 10/06/2020 | £5k | COVID-19 CEF |