BRIGHT IDEAS FOR TENNIS
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £40,352 for the year ended 30 June 2024, with total income of £228,434 against expenditure of £268,786. Per the trustees' report, unrestricted reserves decreased to £97,626 from £137,978 in the prior year, though the trustees noted they had worked to build operational reserves to cover three to six months of costs.
What the accounts disclose
“Operational reserves should cover three to six month's operational costs, unless otherwise agreed by the board of trustees.” — page 12
Trustees
- Barry Fulcher
- Esah Hayat
- JAMIE BAKER
- Lucy Shuker
- Neel Vinodray Sachdev
- Nicholas Baglin
- Nicholas David Adams
- STUART RHODES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £300k | £254k |
| 30/06/2024 | £228k | £269k |
| 30/06/2023 | £194k | £236k |
| 30/06/2022 | £260k | £203k |
| 30/06/2021 | £183k | £133k |
Common questions
Is BRIGHT IDEAS FOR TENNIS financially healthy?
The accounts state that the charity reported a net deficit of £40,352 for the year ended 30 June 2024, with total income of £228,434 against expenditure of £268,786. Per the trustees' report, unrestricted reserves decreased to £97,626 from £137,978 in the prior year, though the trustees noted they had worked to build operational reserves to cover three to six months of costs. Its FY2024 accounts were independently examined.
Who funds BRIGHT IDEAS FOR TENNIS?
Funders whose own accounts filings name BRIGHT IDEAS FOR TENNIS as a grant recipient include THE GREEN HALL FOUNDATION, MISSES BARRIE CHARITABLE TRUST, CBRE UK CHARITABLE TRUST, JOHANSSON FAMILY FOUNDATION LIMITED.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE GREEN HALL FOUNDATION | FY2025 | £2k |
| MISSES BARRIE CHARITABLE TRUST | FY2025 | £2k |
| CBRE UK CHARITABLE TRUST | FY2023 | £1k |
| JOHANSSON FAMILY FOUNDATION LIMITED | FY2025 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FIDELITY UK FOUNDATION | 1 | £232k |
| THE STEVE MORGAN FOUNDATION | 1 | £120k |
| THE CORDON CHARITABLE TRUST | 1 | £100k |
| THE TAYLOR FAMILY FOUNDATION | 1 | £75k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | 1 | £50k |
| THE GOSLING FOUNDATION LIMITED | 1 | £13k |
| THE JOHN COATES CHARITABLE TRUST | 1 | £10k |
| WEMBLEY NATIONAL STADIUM TRUST | 1 | £5k |