THE CRAVEN FAMILY TRUST
To promote participation by able and non able-bodied people in sports and recreational activities, by protecting, providing and improving sports and recreational grounds and facilities, particularly at the Wagon Lane sports' site, in the District of Bradford, West Yorkshire.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net decrease in funds of £15,020 for the period ended 31 December 2024, resulting in total unrestricted funds of £498,062. The trustees maintain a reserves policy targeting retained reserves of approximately £150,000 plus one year's income to maintain the multi-sport venue. Despite the financial loss, the trustees confirm the charity has adequate resources to continue as a going concern.
What the accounts disclose
“the Trustees consider that the retained reserves required to maintain a multi-sport venue at Wagon Lane is in the region of £150,000 plus a minimum one year’s income.” — page 5
Property (HM Land Registry)
Trustees
- LEE OLIVER CRAVEN
- RICHARD JOHN BOTTOMLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £12k | £34k |
| 31/08/2024 | £35k | £50k |
| 31/08/2023 | £71k | £88k |
| 31/08/2022 | £52k | £43k |
| 31/08/2021 | £20k | £23k |
Common questions
Is THE CRAVEN FAMILY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net decrease in funds of £15,020 for the period ended 31 December 2024, resulting in total unrestricted funds of £498,062. The trustees maintain a reserves policy targeting retained reserves of approximately £150,000 plus one year's income to maintain the multi-sport venue. Despite the financial loss, the trustees confirm the charity has adequate resources to continue as a going concern. Its FY2024 accounts were independently examined.