WATERSIDE COMMUNITY TRUST

Registered charity 1174631 · accounts filings on the Charity Commission register

Provision of Swimming,Tuition,Life Guarding to the Ryde community

Causes: Recreation · website · Get email alerts

Latest income
£773k
Latest spending
£651k
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net surplus of £122,084 for the year ended 30 November 2025, with total income of £772,590. Per the trustees' report, free reserves stood at £201,002, which is below the stated policy target of six months' unrestricted operational costs. The charity holds significant tangible fixed assets valued at £596,869 and maintains cash reserves of £293,589.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 1.6% of fundraised income, as disclosed
“The total cost of raising funds amounted to £12,219 (2024 - £14,564)”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £201k; policy: six months unrestricted operational costs)
“At the year end, the amount held in free reserves was lower than that required by our reserves policy and we are looking to build the reserve towards our target.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 30/11/2025)

Total income
£773k
Total spending
£651k
Cost of raising funds
£12k
Reserves (reported)
£798k
Employees
44

Reported reserves equal ~14.7 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (75% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.6% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Isle Of Wight

Income and spending

Financial year endIncomeSpending
30/11/2025£773k£651k
30/11/2024£904k£634k
30/11/2023£625k£536k
30/11/2022£573k£555k
30/11/2021£546k£391k

Common questions

Is WATERSIDE COMMUNITY TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £122,084 for the year ended 30 November 2025, with total income of £772,590. Per the trustees' report, free reserves stood at £201,002, which is below the stated policy target of six months' unrestricted operational costs. The charity holds significant tangible fixed assets valued at £596,869 and maintains cash reserves of £293,589. Its FY2025 accounts were independently examined.

Who funds WATERSIDE COMMUNITY TRUST?

Funders whose own accounts filings name WATERSIDE COMMUNITY TRUST as a grant recipient include THE WIGHT AID FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE WIGHT AID FOUNDATIONFY2022£5k
THE WIGHT AID FOUNDATIONFY2023£4k
THE WIGHT AID FOUNDATIONFY2021£4k
THE WIGHT AID FOUNDATIONFY2023£0

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government07/11/2024£254kCommunity Ownership Fund
The National Lottery Community Fund17/12/2021£8kBeach Lifeguard HQ
The National Lottery Community Fund11/12/2020£8kRescue ATV
Sport England26/11/2020£3kCOVID19 Return to Play
The National Lottery Community Fund16/10/2019£10kSensory Swim
UK government—£50kALB-New Studio Next to Swimming Pool

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Five Trees Community Trust.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WATERSIDE COMMUNITY TRUST£773k—0below1.6%no doubt
Five Trees Community Trust FY2025£258k—0unclear—no doubt
Waterside Community Fund FY2025£391k—0above—no doubt
WALNEY COMMUNITY TRUST FY2025£180k—0unclear—noted
TAFF BARGOED DEVELOPMENT TRUST LIMITED FY2025£152k—0unclear—no doubt
RED LODGE COMMUNITY POOL LIMITED FY2025£292k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.