THE WALLINGFORD SPORTS TRUST
Through the management of Wallingford Sports Park, the CIO aims to support the provisionof a variety of facilities for sport and recreation to enable local people, from all backgrounds, and including young, old and disabled, to participate in and enjoy recreational and health benefits from sporting activities.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £1,246,465, with unrestricted reserves at £447,694 and restricted reserves at £798,772. The charity reported a net income of £22,443 and held £302,018 in cash at year-end. However, the trustees noted that discussions regarding discounted rent with the landlord had not reached a conclusion, introducing a dependency on future rental terms.
What the accounts disclose
“For the purposes of these accounts it has been assumed that the current rent without the associated discount will continue for the period of the lease.” — page 13
“The wholly owned trading subsidiary Wallingford Sports and Social Club Ltd ( company no. 10654339) pays all of its profits to the charity under the gift aid scheme.” — page 12
Corporate structure
- Trading subsidiary: WALLINGFORD SPORTS AND SOCIAL CLUB LTD Companies House 10654339
Property (HM Land Registry)
Register events
- Received assets from another charity (23/10/2017)
Trustees
- Martin Richard Hoarechair
- Adam Beasley
- Adrian Aldred
- Andrew Bucknell
- BERYL ANN GUIVER M.SC MRTPI
- DAVID WHITTOW WILLIAMS
- John Atkins
- John Kirkpatrick
- Mark Arthur Goodman
- NICOLA MICHELLE HOUSE BA FCA
- NIGEL ERSKINE HUGHES
- Peter Alan Abery
- Samantha Abrey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £275k | £252k |
| 31/03/2024 | £400k | £213k |
| 31/03/2023 | £227k | £202k |
| 31/03/2022 | £167k | £166k |
| 31/03/2021 | £142k | £101k |
Common questions
Is THE WALLINGFORD SPORTS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £1,246,465, with unrestricted reserves at £447,694 and restricted reserves at £798,772. The charity reported a net income of £22,443 and held £302,018 in cash at year-end. However, the trustees noted that discussions regarding discounted rent with the landlord had not reached a conclusion, introducing a dependency on future rental terms. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 06/01/2023 | £10k | Installation of solar panels and battery |
| Sport England | 24/08/2021 | £648 | Revenue support for business planning |
| Sport England | 27/05/2020 | £5k | COVID-19 CEF |
| Sport England | 12/12/2019 | £8k | Revenue support for business planning |
| Sport England | 07/02/2017 | £10k | Improvements to existing drainage at Wallingford Sports Park |
| Sport England | 03/12/2015 | £75k | Wallingford Sports Park – Replacement Changing Rooms |
| Sport England | 16/06/2015 | £9k | Improvements to existing drainage at Wallingford Sports Park |
| Sport England | 02/12/2013 | £50k | Improvements to existing drainage at Wallingford Sports Park |
| UK government | — | £5k | ALB-Construction of an additional terrain |